A cashback casino offers back a percentage of your currency losses after a period. However, only some gamers are playing from a state where real-money gaming is legal. So, you can consider alternatives like social casinos.
Learn about cashback casino alternatives like Stake.us which provides rakebacks; you get a percentage of the house edge that social casinos collect over time. Still, other brands like RealPrize Casino offer excellent bonuses despite the lack of a rakeback. And MegaBonanza currently offers a referral bonus of 160,000 Gold Coins and 65 Sweepstakes Coins.
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Below are the pros and cons of rakebacks at social casinos like Stake.us.
A cashback casino is a traditional site that gives you back a percentage of your net loss over time. However, traditional sites may be inaccessible for players due to state regulations. So, social casinos offer an equivalent called rakeback bonuses.
A rakeback bonus rewards players with Gold Coins (GCs) and Sweepstakes Coins (SCs) for their engagement with the brand’s games and services. It’s often packaged as a high-tier, VIP perk.
If you play a game with 20 SCs with a house edge of 1%, your rakeback is 0.01 SC if the rakeback is 5%. The higher the house edge, the better your rakebacks.
So, what’s a rake? This is basically the house edge that social casinos collect over a specified period of gaming sessions. So, the social casino is basically giving you back a select amount of the house edge.
At most social casinos, you can only play with two virtual coins: Gold Coins (GCs) and Sweepstakes Coins (SCs). It’s worth mentioning that social casinos are fun-oriented, so GCs are strictly for playing games.
SCs, on the other hand, have the added feature of being redeemable for a variety of prizes, including customized merchandise, gift cards, and cash prizes.
While online casino cashback bonuses might not be an option for some, players can still check out the different types of rakeback bonuses at social casinos below.
The weekly rakebacks accumulate over seven days of activity. So, you can play games and join tournaments for regular virtual currency reloads.
The monthly rakebacks aren’t frequent, but you’re compensated with a sizable return every month. This is particularly ideal for high-rollers.
Certain games, regardless of whether they’re slots, live dealer games, or Bingo, may offer rakebacks at social casinos. However, the rakeback you’ll win depends on how many Gold Coins (GCs) and Sweepstakes Coins (SCs) you spent on the preselected game.
This is the most popular form of rakeback at sweepstakes casinos. It also gives players back the rake the social casino collected over several sessions. This is usually available at high tiers in the VIP club.
While there’s no one-size-fits-all guide, below are the general steps you’ll take to claim rakebacks at sweepstakes casinos that offer them.
If you’re interested in picking a rakeback social casino for yourself but don’t know where to start from. Below are tips for choosing the best brands.
Many sweepstakes casinos only offer slots, which is fine, because the genre has variants such as Megaways, Hold and Wins, and progressive jackpot slots. However, the ideal brand offers slots, live dealer, and specialty games.
So, I prioritize sites with a diverse library of games like Video Poker, Blackjack VIP, Plinko, and Bingo. It’s noteworthy that some platforms like Stake.us also offer exclusives.
The lack of a mobile app won’t break your social gaming experience, but it does give you quicker access to your favorite games. So, it’s generally a good sign that a sweepstakes casino offers a dedicated app.
If the brand doesn’t offer any app, ensure that the website is fully optimized for not only smartphones but also desktops. In short, you shouldn’t experience lags during gameplay, and the overall site speed should be zippy.
Don’t be alarmed if you don’t see a license when looking for a social casino. These casinos operate following sweepstakes rules, which — among other things — mean that they don’t need a license in the US, unlike traditional online casinos.
When weighing your options, stick with reputable brands who’ve been in the market for a while, as those are likely complying with all the relevant regulations.
You should also check to see if their site has a section titled “Sweepstakes Rules”, which is something all legit sweepstakes casinos will have. Either as a standalone page or as a section of their terms of service.
It’s also a good idea to check if your preferred brand is encrypted using SSL security before signing up. The industry average is 128-bit SSL, but some brands boast even better security. Look out for a padlock icon next to the site URL to confirm that a sweepstakes casino is secured via an SSL digital certificate.
In my experience, reading up on the mobile app reviews (on Google Play or the App Store) and user comments on the brand’s social media accounts gives me insights into the social casino’s M.O.
You should also ensure that the bonus SCs (including the ones from rakebacks) at your chosen sweepstakes casino are subject to fair requirements. For example, bonus SCs at MegaBonanza expire after 60 days of inactivity, which aligns with the industry average.
Furthermore, the playthrough requirement is also important, as it determines how soon you can redeem prizes with bonus SCs. To that end, the average for social casinos ranges between 1-5x. So, new players must ensure that their preferred brand’s playthrough requirement also aligns with the standard.
The best social casinos will let you make optional GC purchases using familiar payment methods like Apple Pay, Skrill, and popular credit/debit cards (Visa, Mastercard, etc.).If you’ve ever caught yourself looking for an Apple Pay casino, well, now you know they exist. Both among traditional casinos and social options.
If you’re looking for the fastest-payout online casino, you should keep in mind that social casinos don’t payout real money directly in any traditional sense. But the best ones will process your SC cash prize redemption request in 7 days or less.
You should prioritize the social casino with the highest rakeback percentage, especially as the house edge is often less than 5%. So, the higher the rakeback, the more bonus SCs and GCs you can win.
I’ve got you covered if you don’t want to shop for a rakeback social casino yourself. You can expect no-purchase bonuses with fair playthrough requirements from the brands below.
| 🎰 Social casino | 👀 Bonus code | 🪙 Bonus size |
| Stake.us | JAXONSOCIAL | 260,000 GCS, 55 SCs, and a 5% rakeback. |
| RealPrize Casino | No promo code needed! | 100,000 GCS and 2 SCs |
| MegaBonanza Casino | JXNSWEEP | 7,500 GCs and 2.5 SCs |
Stake.us is one of the few sweepstakes casinos with a rakeback promo available. In fact, the offer is part of the welcome bonus, which comprises 260,000 GCs, 55 SCs, and a 5% rakeback and can be unlocked using the promo code JAXONSOCIAL. The brand also offers slot contests, a referral offer, and daily login reloads.
It’s worth mentioning that the bonus SCs at Stake.us are all subject to a 3x playthrough requirement. So, if you win 30 SCs, your gaming sessions must equal 90 SCs before you can redeem crypto prizes with the remainder. Coupled with its great customer experience and game variety, the brand is a must-try.
RealPrize Casino offers a medium-sized game library. But its bonus collection is packed with all sorts of goodies, including daily reloads, GC purchase offers, and VIP perks that rival rakebacks. For one, the VIP club offers progressively better Gold Coin multipliers, private hosts, loyalty merchandise prizes, and other exclusive offers.
As for SC prize redemptions, players can choose between gift cards and currency prizes. However, you need a minimum of 100 SCs to redeem real currency prizes, while gift cards start at 45 SCs. Note that you can only redeem prizes at RealPrize Casino after meeting the 1x playthrough requirement.
MegaBonanza doesn’t offer a rakeback bonus, nor does it have a VIP club. Still, the brand provides several bonuses that don’t require the purchase of a Gold Coin bundle. For one, you can claim a modest sign-up offer of 7,500 Gold Coins and 2.5 Sweepstakes Coins.
Furthermore, there’s a daily reward offering 1,500 GCs and 0.20 SC. Still, the referral offer takes the cake, as you can win a whopping 130,000 GCs and 65 SCs. Bonuses at MegaBonanza are also subject to a 1x playthrough requirement.
Below are the bonus rules that apply to rakebacks and other bonuses at social casinos.
This is the amount your gaming sessions with bonus SCs must equal before you can redeem prizes. So, if you win SCs with a 1x playthrough requirement, you must play with the virtual chips at least once.
The rakeback percentage always differs for every social casino. But if the site has a VIP club, it usually gets better as you level up. Rakebacks range between 1-20% on average.
At some social casinos, you can only win rakebacks by playing a specific game. But often, certain game genres are restricted from the bonus SCs, which is more prevalent in slot contests. So, gamers must play preselected games to clear the playthrough requirement.
This is the expiry period of bonuses at sweepstakes casinos; it applies to both Gold Coins (GCs) and Sweepstakes Coins (SCs). It differs for every social casino, but it’s usually around 60 days.
The legal age to play at social casinos is 18 at most sites, but it may differ for the state you’re playing from. In addition, are you playing from a state where the brand of choice is legal?
Check out the tips for using the SCs you win from a rakeback promo and otherwise.
Gamers are given little SCs compared to GCs at sweepstakes casinos. This applies to daily reloads, welcome bonuses, and referral offers, so rakebacks are no different. The point is to always game with your Gold Coins to understand the in-game mechanics of the slot or whatever game you’re playing.
Always play with a cool head at social casinos, even though casino-style games are designed for entertainment. While at it, you can also use responsible gaming tools like purchase and session limits if the chosen brand offers them.
Check out our guides for updates on social casinos that offer similar rakebacks to Stake.us. Some sites may even offer better rakebacks due to the competitive nature of the social gaming industry. Keep in mind that there are no instant-withdrawal social casinos; the playthrough requirement must be met before you can redeem your SC for prizes. Plus, you can’t use real money at social casinos, so traditional withdrawals aren’t possible.
Cashback casino bonuses aren’t necessarily available to every U.S. player because of state regulations. But an alternative for players is a rakeback bonus. They can be limited in size and modestly capped. Yet, their role as safety nets is fitting for social casinos, regularly topping up your virtual currency balance over time.
However, you can still look beyond rakebacks to find other sweet deals at sweepstakes casinos. It’s the welcome bonus at Stake.us, while MegaBonanza’s best bonus is the referral offer. If you’re interested in playing some MegaWays, any of the recommended brands above will impress!
Unlike cashback casino bonus sites, you cannot play for real funds at social casinos. Instead, you can play for fun with Gold Coins (GCs) and Sweepstakes Coins (SCs). You can exchange SCs for real prizes at sweepstakes casinos. And you’re not required to purchase GCs to play; there are plenty of free cash bonus no-deposit casino alternatives in the market. Or no-purchase casinos, since deposits aren’t allowed here.
A cashback casino is an online casino offering cashback on losses. But you can get a similar experience at social casinos in the form of a rakeback. Rakes are also known as house edges, and they are collected by the brand over a period. The lower the house edge of a game, the lower the rakeback percentage.
Here’s an example. if you play a game with 10 SCs on a game with a house edge of 1%, your rakeback is 0.01 SC if the rakeback rate is 10%.
The house edge and RTP work hand in hand at social casinos. For one, the RTP means Return-to-Player; it’s the percentage of Gold Coins and Sweepstakes Coins you can expect returned to you for every round played. The house edge, on the other hand, is the percentage of your plays that brands receive over a period.
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