WinBack, also known as rakeback, is a rewarding feature offered by MetaWin to enhance your gaming experience. It allows you to earn back a percentage of the house edge on your wagers, providing you with additional value for your gameplay. Here's all you need to know about WinBack/Rakeback:
What is WinBack/Rakeback?
WinBack/Rakeback is an incentive designed to reward your activity on our platform. When you participate in casino games at MetaWin, a portion of the house edge from your wagers is returned to you as WinBack/Rakeback. This rewards your continued play and loyalty.
How Does it Work?
At MetaWin, as standard we offer a WinBack/Rakeback rate of 5%, meaning that you'll receive 5% of the house edge of your wagers from 00:00 to 23:59 UTC each day as back as WinBack/Rakeback.
The house edge is the percentage of all money bets that the casino expects to keep as profit over time. It's calculated as total wagers multiplied by (100% - RTP%).
RTP, or "Return to Player," represents the percentage of all money bets a game is configured to pay back to players over time. Remember, this doesn't mean that you will always get the RTP percentage in a single session, as it is an average calculated over a large number of plays. For example, if a game has an RTP of 98%, the house edge would be 2%, meaning the casino keeps 2% of all wagers as profit.
WinBack Formula:
House Edge = Total Wagered in USD × (100% - RTP%) =>
Winback = House Edge x Winback %
Example: If you wager $50,000 on a game with a 98% RTP:
House Edge => $50,000 × 2% = $1,000
5% Winback => $1,000 x 5% = $50
These rewards are credited to your account every 24 hours at 05:00 UTC. However, it's important to note that WinBack/Rakeback rewards must be claimed within 24 hours of being credited to your account.
Fun fact: The RTP for all our games is clearly displayed below each game, offering a MAX WIN GUARANTEE with the highest payout settings of any online casino.
Benefits of WinBack/Rakeback
Added Value: WinBack/Rakeback provides additional value to your gaming experience by returning a percentage of the house edge on your wagers. This effectively reduces the overall cost of playing and increases your potential winnings.
Regular Rewards: With WinBack/Rakeback credited to your account daily, you can enjoy a consistent stream of rewards based on your gaming activity.
How to Claim Your WinBack/Rakeback
Your WinBack/Rakeback rewards are automatically credited to your account every 24 hours at 05:00 UTC. To claim your rewards, simply log in to your MetaWin account and navigate to the inventory section within 24 hours of the rewards being credited. From there, you can claim your WinBack/Rakeback rewards and use them to enhance your gaming experience.
Need Assistance?
If you have any questions about WinBack/Rakeback or need assistance claiming your rewards, our customer support team is here to help. Use the Intercom chat feature on our website to connect with a support representative for immediate assistance.