Quick facts on sweepstakes casino rakeback bonuses
- Rakeback bonuses return a portion of the edge on casino-style games.
- Games with a higher house edge return a higher rakeback bonus.
- Rakeback is different from coinback, as it’s a percentage of the house edge or ‘rake.’
- Some sweepstakes casinos with rakeback bonuses include Stake.us and SpeedSweeps.
What is a sweepstakes casino’s rake?
The term ‘rakeback’ originated from rake in poker, which was traditionally the amount the casino charges for hosting a poker game. Before every game round, the dealer removes a percentage from the total stake, which is the house’s commission on that game round. Over time, online traditional casinos adopted the term, using it in video poker games and on other online casino games as well.
Today, the term ‘rakeback’ is used more generally to refer to any percentage or fee an online or sweepstakes casino charges players to play a game. Online slots and specialty games come with a predetermined return-to-player (RTP) percentage, mathematically representing the sweepstakes casino’s house edge (rake), and how much a player can theoretically get for playing the game.
For table games, the house edge or ‘rake’ works slightly differently. Generally, it all boils down to the game’s rules, with European and American Roulette having different implied RTPs, for example.
In summary, the idea of rakes is simple. Whatever portion of your Gold Coins or Sweeps Coins you forfeit to the sweepstakes casinos to play is the rake, and understanding this is crucial to making sense of rakeback bonuses.
How does a rakeback bonus work?
Now that you understand what a rake means in sweepstakes casinos, rakeback is simply a bonus that returns a portion of your rake. Say you play a slot game with a 96% RTP, which puts the house edge or ‘rake’ at 4%, a 50% sweepstakes casino rakeback bonus means you’re getting half your rake back, bringing your total bonus to 2% of your total play.
Here’s a more descriptive example: you launch Wanted Dead or a Wild, a popular slot game with a 3.62% edge on Stake.us. And then, you signed up for the sweepstakes casino with our promo code TGTSOCIAL, which qualifies you for the 3.5% rakeback. If you spent 100,000 Gold Coins throughout the session, the total rake would be 3,620 Gold Coins, and your total rakeback for that session would be 126.7 Gold Coins.
Rakeback bonuses generally come with low playthrough requirements, as low as 1x, although it may vary across different sweepstakes casinos. This perk makes Sweeps Coins obtained through a rakeback bonus easier to redeem for real prizes by playing them on the sweepstakes casino’s games. It’s also worth noting that some sweepstakes casinos only offer rakeback on select games, so it’s generally a good idea to read the terms and conditions beforehand.
In our experience, we noticed some sweepstakes casinos using rakeback and coinback interchangeably, which is understandable given that both return a portion of your Gold Coins and Sweeps Coins play back to your overall virtual currency balance, but they’re not the same thing. In the following section, we’ll explain how rakeback and coinback refer to two distinct types of bonuses, and how each of them is very different.
Are rakebacks and coinbacks different?
Yes, rakebacks and coinbacks are very different bonus types, but there are some
new sweeps casinos
that tend to use the two terms interchangeably. The differences boil down to the bonus mechanics and how the site calculates the Gold Coins and Sweeps Coins that it returns to your virtual currency balance.
As we’ve explained earlier, rakeback is calculated on the house edge or rake of the games you’re playing on the sweepstakes casino. However, coinbacks are calculated on the net amount of Gold Coins or Sweeps Coins you used in gameplay.
Also, the outcome of each game round doesn’t affect how much you get back as your rakeback bonus, as the rake stays consistent regardless of the outcome of individual game rounds. So, if you get back more Gold Coins or Sweeps Coins than you spend playing a game, you don’t receive a coinback, but your rakeback remains untouched.
Since the rakeback bonus is calculated as a percentage of the ‘rake’, it varies by the game you’re playing. Games with lower house edge, like Wanted Dead or a Wild, for example, result in lower rakebacks, but games with higher rake will naturally result in a higher rakeback bonus.
Using our hypothetical Wanted Dead or a Wild example, say your 100,000 Gold Coins session was split into ten rounds of 10,000 Gold Coins each. In the third round, you hit a 5x multiplier, netting 50,000 Gold Coins, but the remaining rounds are uneventful. In this game round, you’ve wagered a total of 100,000 Gold Coins and recorded a net loss of 50,000 Gold Coins.
If you have a 10% coinback bonus, the site offering such will first deduct that 50,000 Gold Coins from your total gameplay. You then receive 10% coinback on your net loss of 50,000 Gold Coins, resulting in a total bonus of 5,000 Gold Coins. That’s the difference between rakeback and coinback.
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Pros and cons of sweepstakes casino rakebacks
Rakeback bonuses can be a bit difficult to understand in theory, but they’re a convenient bonus in practice, as you don’t need to follow any complicated instructions to claim them. Once you qualify for a rakeback bonus, the sweepstakes casino will automatically credit the Gold Coins and Sweeps Coins you accumulate to your virtual currency balance, making it an excellent passive bonus.
Here are some of the other top benefits, as well as some drawbacks of rakebacks on sweepstakes casinos:
Pros and Cons
- Independent of game outcome
- Comes with low playthrough requirements
- Predictable returns
How to choose the best rakeback sweepstakes casinos
Rakeback bonuses are common on sweepstakes casinos, with sites like Stake.us offering a 3.5% standard rakeback bonus to all players who sign up using our unique promo code. However, not all sweepstakes casinos with a rakeback bonus are worth using, so we’ve developed some criteria to help you determine if you should sign up for a rakeback sweepstakes casino.
Here are the top factors to consider when choosing rakeback sweepstakes casinos:
Rakebacks are often bundled with
sweepstakes casinos’ first GC purchase bonuses, VIP perks, or slapped on top of other bonuses, so we wouldn’t recommend choosing a sweepstakes casino solely based on the rakeback bonus. Rather, you want to check out the other bonuses the site offers for new and existing players to know what to expect when you finally register.
Taking a site like Stake.us, for example, the rakeback is a mere 3.5%, but you get up to 560k Gold Coins + 56 Stake Cash with that after signing up, making the offer difficult to refuse. What’s more, Stake.us is famous for its existing player bonuses, from its seasonal promotions to its periodic bonus drops, offering a compelling bonus experience outside the rakeback bonus itself; that’s the kind of bonus you want.
🎮 Browse the Games Library
Any bonus is pointless without what to play them with, and that’s where the sweepstakes casino’s games come into play. For a rakeback bonus, you want a healthy mix of games with high and low house edge, as the former is great for accumulating rakeback bonuses and the latter is better for when trying to play the Gold Coins and Sweeps Coins you’ve collected from the bonus.
✅ Confirm the Playthrough Requirements
You can generally redeem Sweeps Coins from sweepstakes casino rakeback for real prizes after completing the playthrough requirements, which is often 1x for this bonus category, but specifics may vary. Rather than assume, check the terms and conditions on the rakeback bonus to be certain of what you’ll need to make your Sweeps Coins available for redemption after claiming them from gameplay.
A surefire way to tell if a sweepstakes casino with rakeback is worth using is to check what other players have to say about the site. Sweepstakes casino players are pretty vocal on forums like Reddit, and you can glean their thoughts on the bonuses before diving headfirst to see for yourself. We also have a collection of objective sweepstakes casino reviews, so feel free to go through them as well.
Best sweepstakes casinos with rakeback bonuses
We’ve recommended looking beyond the hard numbers when choosing the best sweepstakes casinos with rakeback bonuses, but what if you’re not even interested in comparing numbers? Again, we’ve got you. We collected a list of the best sweepstakes casinos offering rakebacks in the US and why they’re worth using. With that, here are the best rakeback sweepstakes casinos to use in the US:
| Site
|
Rakeback percentage |
Promo code |
| Stake.us |
3.5% |
TGTSOCIAL |
| Rich Sweeps |
Variable |
N/A |
| Crown Coins Casino |
Variable |
N/A |
| SpeedSweeps |
Variable |
N/A |
Stake.us – Sign up with our unique code for 3.5% rakeback
Stake.us: Pros & Cons
- 3,000+ games including exclusive Stake Originals
- Daily login bonus available
- Social media bonus drops and Telegram drop codes
- Low minimum requirement for redemptions
- Not available in every U.S state
Stake.us bundles a 3.5% rakeback with its standard welcome bonus when you sign up with our promo code TGTSOCIAL on the sweepstakes casino. The rakeback is only one part of the bonus; you also get 560k Gold Coins and 56 Stake Cash for signing up on the site.
On day one, Stake.us offers 250,000 Gold Coins + 25 Stake Cash upfront, and you also get another 300,000 Gold Coins + 30 Stake Cash over the course of your first 30 days of playing at the sweepstakes casino. Finally, there’s a 10,000 Gold Coins + 1 Stake Cash bonus for using our promo code when signing up, plus the 3.5% rakeback bonus.
You need to use our promo code TGTSOCIAL when signing up to activate the rakeback, but if you already signed up without one, Stake.us will activate a rakeback bonus for you automatically when you attain the Bronze VIP level.
Stake.us offers one of the largest sweepstakes casino libraries we’ve seen, featuring 3,000+ slots, table games, live dealer titles, and specialty games. The site also offers a truckload of fun promotions and
sweepstakes contests
for consistent players, putting it firmly among the rakeback sweepstakes casinos we recommend.
Rich Sweeps – Claim a rakeback bonus through Rich Sweeps’ VIP program
RichSweeps Casino: Pros and Cons
- 50,000 GC and 1 SC signup bonus
- 4,200+ slots, live dealers and fish games
- Well organised and efficient website
Rich Sweeps also offers rakeback bonuses, but unlike Stake.us, you don’t get them as part of your sign-up bonus. Rather, it’s bundled with the sweepstakes casino’s VIP perks, which also include benefits such as a personal VIP manager for quick support and exclusive bonuses, progressively higher weekly coinback offers, and personalized complimentary Sweeps Coins bonuses, among others.
New players on Rich Sweeps receive 50,000 Gold Coins + 1 Sweeps Coin for signing up, after which you can request to join the site’s VIP program on Telegram. There are currently no requirements to join the program; simply open the live chat support window and ask, and Rich Sweeps can assign you a VIP manager on Telegram. The specific terms may change, so confirm the latest updates with Rich Sweeps support.
Rich Sweeps doesn’t have a set rakeback rate like Stake.us; your specific rakeback bonus will depend on your VIP level and your previous gaming activity on the sweepstakes casino. If you didn’t get any right off the bat, ask your VIP host, and they should be happy to hook you up with one.
Crown Coins Casino – Collect coinback, rakeback, and more through the VIP Club
Crown Coins Casino: Pros & Cons
- 800+ casino-style games
- Legal in most US states
- Eligible SC winnings can be redeemed for prizes
- Daily login rewards and Mega Race tournaments
- Highly rated iOS app
- No Android app currently
- State restrictions apply
- Cash prize redemptions require at least 100 eligible SC
Crown Coins Casino may offer rakebacks, but the more popular bonus type on the sweepstakes casino is coinback, which we’ve differentiated earlier in this guide. Like Rich Sweeps, there’s a VIP program where you request custom bonuses, so you can probably work an arrangement for a rakeback bonus, but there’s no site-wide rakeback on the site for now.
The sweepstakes casino offers a slightly juicier welcome offer for new players: 100,000 Crown Coins and 2 Sweeps Coins for all newly registered players, and you also receive 200% extra CC and SC on your initial optional Gold Coin bundle purchase.
Crown Coins Casino offers extra promotions, including
sweepstakes social media bonuses, GC purchase bonuses, and exclusive VIP perks. It also offers a collection of slots and specialty games, allowing new players to use their coinbacks and rakebacks judiciously.
SpeedSweeps – Claim rakeback to play hundreds of casino-style titles
SpeedSweeps: Pros and Cons
- 2,450+ casino-style games
- Fast Sweeps Coin redemptions
- Multiple bonuses for existing players
Like on Rich Sweeps and Crown Coins Casino, SpeedSweeps currently doesn’t have a standalone rakeback bonus, but may offer it on a case-by-case basis when you make optional Gold Coin bundle purchases or join the VIP program. SpeedSweeps also offers a VIP program, where you can ask for custom bonuses based on your gameplay activity on the sweepstakes casino.
As for its standard signup bonus, you get 50,000 Gold Coins and 1 Sweeps Coins right off the bat, alongside
daily wheel bonuses, weekly coinbacks, and package boosts on specific days. You can also ask to be added to the VIP program right after signing up for SpeedSweeps, which offers perks ranging from faster support to personalized promotions, sometimes including a rakeback bonus.
SpeedSweeps offers a massive game library to use the bonuses you claim after signing up, featuring slots, table games, fish games, and live dealer titles, among others. With popular titles such as Le Bandit and Vikings Wild Feast, you’ll never have to think about where to spend the rakeback bonuses you’ve collected.
The figures above reflect current terms on the featured sweepstakes casinos. Since the terms are subject to change, we recommend confirming the specific bonus amounts and terms before claiming the featured bonuses.
Conclusion – Claim rakeback on sweepstakes casinos for fun, continuous gameplay
Rakeback bonuses are getting increasingly common on sweepstakes casinos, from Stake.us’s 3.5% rakeback offer for select new players to Rich Sweeps’ personalized rakeback bonus for VIP players. They often come with low playthrough requirements, so you can quickly redeem the Sweeps Coins you collect from playing your rakeback for real prizes.
When choosing a sweepstakes casino for its rakeback bonus, we recommend considering other bonuses on the site, the available games, and the playthrough requirements to assess the site. Alternatively, you can use one of our top recommendations; just click the corresponding banner on this page, sign up using the appropriate promo codes (if necessary), and start enjoying your rakeback bonus.
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Rakeback sweepstakes casinos FAQs
🎰 What is rakeback in sweepstakes casinos?
Sweepstakes casinos may offer you a percentage of the house edge when you play with Gold Coins and Sweeps Coins, which is what’s generally referred to as a rakeback bonus. Unlike coinbacks, it remains constant regardless of the game’s outcome, but is usually a fraction of your Gold Coins or Sweeps Coins gameplay.
💰 What sweepstakes casinos have the best rakeback?
Some sites offer decent rakeback bonuses, but it’s generally not the best idea to look at the numbers in isolation. Factors like the site’s other promotions, games library, and availability also affect the suitability of a site’s rakeback bonus. If checking through these factors looks like too much work, consider choosing from our recommendations; they’re tested and reliable.
Depends on the site. Some sweepstakes casinos, like Stake.us, may require you to enter the promo code TGTSOCIAL to claim the rakeback bonus. However, we recommend checking the terms and conditions for the site’s rakeback bonus when claiming to know how to go about it.
