How does the 30% rakeback works? Is It based in our wager or is It based in our loss?
From what I understand the rakeback is based on the wager and 30% is really big, getting $30 from each $100 wagered sounds as a great de al, but I doubt It works that way, that's why I would like to know how does it works.
If this is the typical rakeback then that 30% will be deducted on the game house edge not your bet. So if the game you are playing has a 3% house edge then you will get 30% of that 3% house edge per bet.
But I think this “rakeback” was supposed to be a cashback since this is the typical offer nowadays of the casino.
Then, it's based on the lost amount and not on the total wager, as you say; this is a cashback and not a rakeback.
And 30% from the 3% makes me think, i mean 1% back of the bet amount doesn't sound bad at all, the problem here is the huge house edge, 3% house edge is a bad joke, they are looking to make money an make it fast, why should we play on a casino with a 3% house edge while there are tons of sites with 1% house edge?