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Lossback is quoted as a percentage of what you lost. Rakeback and cashback are quoted as a percentage of the house edge, or of the commission the casino pays an affiliate. The first sounds enormous and the second sounds like an accounting note, and that difference in wording is doing a lot of work in this industry. Convert both to dollars per $1,000 wagered and they land much closer together than the headlines suggest.
On a 4% slot, $1,000 of wagering has an expected house take of $40. That $40 is what every offer below is a slice of, whichever way it is worded.
| Offer | Back per $1,000 | Share of the expected $40 loss |
|---|---|---|
| Rakeback Paid, launch rate to 26 September | $5.90 | 14.75% |
| Rakeback Paid, both free boosts | $4.40 | 11.0% |
| Rakeback Paid, standard rate | $4.15 | 10.4% |
| A typical 10% lossback offer | about $4.00 | 10% |
| Stake's own rakeback with no affiliate share | $1.40 | 3.5% |
So a 10% lossback offer and our standard rate are close to the same thing. During the launch period we are ahead, and the two free boosts keep us ahead afterwards, but nobody should move sites over fifteen cents per $1,000.
Lossback pays on what you actually lost. Cashback pays on what you wagered, through the commission the casino reports. That produces two genuinely different outcomes and it is worth understanding both before you pick.
On a bad week, where your actual losses run above the expected $40 per $1,000, a 10% lossback offer pays you more than we do. On a week where you finish up, lossback pays you nothing at all, because there was no loss to take a percentage of, while cashback still pays because you still wagered. Across enough volume the two converge on the table above. Across a single week they can differ a lot in either direction.
Which you prefer is a real choice and not a trick question. If you want the bigger cushion on losing runs, lossback does that. If you want a number you can predict from your wagering before you sit down, cashback does that.
Ask for the formula and the receipts. An offer worded as a percentage should be able to tell you a percentage of exactly what, and show you payments that have actually gone out. Stake publishes its affiliate formula, which is the house edge as a decimal times the amount wagered, divided by two, times the affiliate's rate. At a 25% rate that means 12.5% of the house edge reaches the affiliate, and our published share of that is what reaches you. Every payment we make is listed on the public ledger, including the weeks we pay nothing.
We are not claiming other offers do not pay. We are saying that a number you cannot decompose and cannot check is a number you are taking on trust, and that applies to us exactly as much as to anyone else.
On a 4% slot a 10% lossback offer returns about $4.00 per $1,000 wagered and our standard cashback returns $4.15, so they are close. Lossback pays more on a losing week and nothing on a winning one, while cashback is based on wagering and pays either way.
Convert both to dollars back per $1,000 wagered. Expected house take on $1,000 at a 4% house edge is $40, so 10% lossback is about $4.00 and any rakeback quoted as a share of the house edge can be converted the same way.
Because it is quoted against your losses rather than against the house edge or the affiliate commission. It is the same money described in a unit that produces a larger number.
Yes. Cashback comes from the commission the casino pays on your wagering, so it is paid whether you win or lose that week. A lossback offer pays nothing in a week with no net loss.
Sign up to Stake with code COINSANDBETS and you get Stake's 3.5% rakeback from your first bet (confirmed by Stake in writing, 12 September 2026). In plain terms: Stake gives you back a slice of what the house expects to win on every bet, win or lose. On a typical slot that is about $1.40 back for every $1,000 you wager, credited to your account as you play. Then Rakeback Paid tips you 90% of everything Stake pays us on your play until Saturday 26 September, then 55% for good, every Friday: about $4.50 more per $1,000 on slots during launch, $2.75 after. Roughly $59 back per $10,000 between the two right now. Receipts go on the public payouts page.
Sign up on Stake with COINSANDBETS Register for cashback
18+ or the legal gambling age where you live. Country restrictions apply. Gambling has a house edge; set a number before you deposit and stop at it.