Rakeback is a percentage of the house edge you earn back on your bet, regardless of whether you win or lose. With Cloudbet Rewards, you earn rakeback by placing real-money bets on the sportsbook or casino.
How does rakeback work?
Rakeback is a 24/7 cashback mechanism that comes on top of daily, weekly, and monthly cash drops, and regular loyalty tier Level-up Rewards.
With rakeback, every time you place a bet on the sportsbook or casino, you generate cash rewards, which you can add to your wallet and Rewards Calendar.
Note: If you’re new to Cloudbet, you’ll earn rakeback through the Welcome Package first.
Rakeback at each loyalty tier
With Cloudbet Rewards, you can earn up to 15% regular rakeback. The higher your loyalty tier, the greater the rakeback percentage.
Loyalty tier | Rakeback |
Bronze | 5% |
Silver | 5% |
Gold | 5% |
Emerald | 5% |
Sapphire (VIP) | 5% |
Ruby (VIP) | 5% |
Diamond (VIP) | 10% |
Blue Diamond (VIP) | 15% |
How to claim rakeback
In the lobby, select Rewards.
Select Add.
(If the button is greyed out, you don’t have enough rakeback to claim yet. Keep placing more bets.)
Select Got it.
A portion will go to your wallet for immediate use; the rest will go to your Rewards Calendar for claiming later.
Frequently asked questions
Who's eligible to earn rakeback?
Who's eligible to earn rakeback?
All Cloudbet users can earn rakeback through Cloudbet Rewards.
How do I check the rakeback rate I'm currently earning?
How do I check the rakeback rate I'm currently earning?
Once you’re logged in to Cloudbet, select Rewards at the top navigation. You’ll see the rakeback rate you’re earning next to the magnet icon.
How is rakeback calculated?
How is rakeback calculated?
Rakeback is a percentage of the house edge you get back on your bet. For example, Book of Dead is a casino game with a 4% house edge. If you’re earning 25% rakeback (with TURBO activated), you get 25% of that 4% edge back on every bet. When you’re playing a lot, your rakeback can add up fast. This works similarly to sports bets, which typically have a house edge of 3 to 4%.
Can I lose my rakeback?
Can I lose my rakeback?
No, once rakeback is generated, it’s yours to keep. However, if you cancel a bet or if it’s voided, the rakeback generated from that bet may be deducted.
What other rewards can I earn through Cloudbet Rewards?
What other rewards can I earn through Cloudbet Rewards?
Besides rakeback, you can earn boosted rakeback through TURBO, daily, weekly, and monthly cash rewards, and Level-up Rewards. If you’re a Cloudbet VIP, you can earn exclusive rewards and benefits.
What's the Rewards Calendar?
What's the Rewards Calendar?
The Rewards Calendar is your calendar full of cash. Every time you add rakeback to your wallet, a portion also goes into your calendar, stretching your bankroll into the future and giving you fresh cash to claim every day, week, and month. To learn more, read this article.
Cloudbet VIPs earn exclusive rewards and benefits in addition to Cloudbet Rewards—think: Bespoke rewards, money-can’t-buy experiences, and more. For more information, contact your VIP manager or Customer Support.