What is Cashback Rate?

A cashback rate is the percentage of net losses an operator returns over a stated period, usually weekly. The word net is doing the work: it is losses minus wins, not a share of everything staked, so a break-even week returns nothing. The rate alone tells you little. What matters is whether the money arrives as cash or as bonus funds, and whether it carries wagering. Ten per cent paid as withdrawable cash is worth several times twenty per cent paid as a bonus at 30x wagering, and the two are advertised in the same typeface. Check the cap as well — most cashback is bounded per period, and a headline rate above a low ceiling is a rate you will rarely receive in full.