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Rakebit Rolls Out Loyalty v2: New Players Wager Their First $1,000 at Zero House Edge

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Rakebit Rolls Out Loyalty v2: New Players Wager Their First $1,000 at Zero House Edge
Press release

PRESS RELEASE.

Crypto casino Rakebit has launched a revamped loyalty program that fundamentally changes the onboarding experience for new players.

The updated system, Loyalty Leveling System v2, introduces 100% rakeback on the first nine levels – covering up to $1,000 in total wagers – effectively wiping out the house edge during the opening phase of play.

Rather than offering a traditional deposit match locked behind wagering requirements, Rakebit’s approach returns the full house margin on every bet placed during the introductory stage.

During this stage, the house margin is returned to the player in full, letting new users test the platform before the standard edge applies.

What’s New in Loyalty v2

The upgrade replaces the previous 20-level system with a 50-level progression model built around three phases:

Levels 1–9: Players receive 100% rakeback on all wagers up to $1,000. The house edge is returned in full, reducing the platform’s expected take to zero during this stage.

Level 10+: A permanent 10% base rakeback activates alongside daily cashback starting at 2%.

Higher tiers: Daily cashback scales progressively, reaching up to 25% at the top levels of the system.

The structure is designed to make early progression faster while extending the reward curve for long-term players who continue climbing.

Platform Basics

Rakebit.com operates as a no-KYC crypto casino with VPN-friendly access. Account creation takes roughly 10 seconds using email or social login through Google, Telegram, or X. The platform supports 30+ cryptocurrencies for deposits and withdrawals including BTC, ETH, USDT, USDC, SOL, TON, and more.

The game library includes over 7,000 titles from providers such as Pragmatic Play, Hacksaw Gaming, NetEnt, Spribe, and Red Tiger, along with 16 provably fair Rakebit Originals offering RTP values up to 99%.

The 100% rakeback promotion activates automatically for all new accounts – no promo code or manual opt-in required.

Loyalty System v2 at a Glance

  • 50 loyalty levels, up from 20
  • 100% rakeback on levels 1–9, covering up to $1,000 in wagers
  • 0% effective house edge during the introductory phase
  • 10% permanent base rakeback from level 10
  • Daily cashback from 2% up to 25%
  • 7,000+ games plus 16 provably fair originals
  • 30+ supported cryptocurrencies
  • No KYC, VPN-friendly, 10-second signup

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