Rakeback sweepstakes casinos offer you a percentage of the house edge when you meet certain conditions. The exact terms you must meet to get the rakeback depend on the platform. However, it can include reaching higher VIP levels.
Based on our experiences, rakeback promotions are not common at sweepstakes casinos. Instead, you’ll find more “coinback” bonuses on some brands. In this detailed guide, we will cover the top rakeback and coinback sweepstakes gaming sites and explain the differences between the two promotional systems.
Quick Facts About Coinback and Rakeback Sweepstakes Casinos
Rakeback bonuses are small percentages of the game’s house edge.
The terms and conditions attached to coinback and rakeback are fairly easy to meet.
Such promotions can be for new players, but are mostly offered to returning players.
How Does Rakeback Work?
Every sweepstakes casino game has a house edge, which is called the rake. It is the portion of your played Gold Coins (GC) or Sweepstakes Coins (SC) that goes to the gaming site, regardless of whether you win or lose. The rake is also what completes a game’s return-to-player percentage to make it 100%.
To illustrate, consider an online slot with a 96.5% RTP. The house edge is 3.5% (100% – 96.5%). It means that the higher the RTP, the lower the house edge and vice versa.
The rakeback gives you a percentage of that house edge. Consider a brand offering a 5% rakeback on specific games. If you play 10,000 Gold Coins on a title with a 7% house edge, you get the following as a rakeback:
House edge:
7% of 10,000 = 700 GC
Rakeback:
5% of 700 GC (house edge) = 35 GC
How Does Coinback Work?
Coinback is like the cashback bonus available at a conventional online casino. It offers you a percentage of the Gold Coins or Sweepstakes Coins you play on the platform.
Social casinos
calculate coinback in one of two ways:
Based on your lost GC/SC:
In this case, the coinback applies only to the number of Gold Coins or Sweepstakes Coins you lose during your gaming sessions.
Based on your overall gameplay:
For this, the gaming site calculates the coinback based on the total amount you play within a specific time frame.
Types of Rakeback and Coinback Bonuses
We’ve identified three main types of rakeback and coinback bonuses at sweepstakes casinos. They are as follows:
Independent promotions:
These are standalone bonuses. They might be one-time offers that you can claim within a set period.
VIP-based offers:
They are tied to VIP or loyalty levels. The higher your level in the program, the better your bonus percentage.
Time-based offer:
Daily, weekly, and monthly rakeback/coinback fall under this category. The bonus is calculated based on your gaming activity within a set time frame.
Clear Differences Between a Rakeback and a Coinback
A rakeback and a coinback might sound alike, but they are very different. To give you a clearer idea of how they differ, we have placed them side by side in the table below:
Feature
Rakeback
Coinback
House edge
Calculated based on the game’s house edge.
It usually has nothing to do with the game’s house edge.
Gameplay activities
Applies only to the expected house edge, not to total gameplay or losses.
Can apply to the losses or overall GC or SC you use for your gaming sessions.
How to claim
Rakeback can build up, and you can claim it anytime.
Automatically added to your balance within a specified time frame.
The Best Rakeback and Coinback Sweepstakes Casinos in the US
We have a long list of the
best sweepstakes casinos
with impressive offerings. When it comes to rakeback and coinback bonuses, the following brands are our top picks:
Sweepstakes casino
Rakeback/coinback bonus
Stake.us
3.5% rakeback to new players
Coinsback
50% House Edge Back
Rich Sweeps
Up to 15% coinback
Crown Coins
Up to 6% coinback
Speed Sweeps
Up to 15% coinback
Stake.us Casino — Best Rakeback Bonus for New Players
Vast gaming library
Broad range of promotions
User-friendly web interface
Responsive live chat channel
No mobile app
Visit Stake.us
Sign up at Stake.us using our exclusive bonus code STAKENEXT. This gets you the massive welcome offer of 560,000 Gold Coins, 56 Stake Cash, and a 3.5% Rakeback. The rakeback bonus is available on every game you play and is returned to you as Stake Cash.
To unlock the SC you accumulate from the rakeback, you must enter the first level of the VIP program. This requires you to play at least 10,000 Gold Coins at the sweepstakes casino.
You don’t have to play all 10,000 GC at once. The gaming site will track your gameplay and automatically enter you into the Bronze level once you hit the 10,000 GC mark. You can then open the VIP page, navigate to the rakeback section, and collect the bonus.
CoinsBack Casino — Instant 50% House Edge Back
Huge new customer offer
24/7 customer support team
Unique CoinsBack feature
Gift card and cash prize redemptions
No mobile app
Visit Coinsback Casino
CoinsBack Casino has a generous welcome offer of 500,000 Gold Coins and 2 Sweeps Coins, but the standout feature here is the automatic CoinsBack bonus. It tracks the theoretical Return to Player (RTP) of every single spin you make and instantly returns 50% of the expected house edge straight to your account as free Sweeps Coins.
To take advantage of this instant rakeback, you don’t need a VIP host or a special invite. The platform automatically tracks your gameplay in real time on over 1,000 casino-style games. While the instant CoinsBack is available to all players from day one, you can also climb the ranks of the CoinsClub rewards program just by staying active. Leveling up unlocks personalized promotions, Gold Coin package boosts, and faster redemption processes.
Rich Sweeps Casino — Coinback Every Thursday
Competitive welcome bonus
Fantastic site design and usability
Ongoing perks and promotions
Responsive and reliable support
Higher prize redemption limit (100 SC)
Visit Rich Sweeps
The Rich Sweeps coinback bonus is tied to the VIP program as well, which you enter immediately after creating an account on the gaming platform. There are seven levels to scale, each with its own coinback percentage. Here they are: Bronze (5%), Silver (6%), Gold (7%), Platinum (8%), Diamond (9%), Champion (10%), and Rich Boss (15%).
Rich Sweeps gifts you the coinback bonus as Sweeps Coins every Thursday at 9 am EST. The exact SC bonus you receive also depends on your gaming sessions during that week. There are other ways to secure SC on the platform, including claiming the welcome bonus of 50,000 Gold Coins and 1 Sweeps Coin.
Crown Coins Casino — Coinback Based on Your VIP Level
Progressive daily login bonus
Top-tier online slots
User-friendly website
No Android app
Poor game filters
Visit CrownCoinsCasino
When you sign up at this
new sweepstakes casino, you get 100,000 Gold Coins and 2 Sweeps Coins. Play games and accumulate up to 500 points to enter the first level of the VIP program (Bronze), where you get a 2% coinback. The second tier is Silver, which you enter with 5,000 points, and you qualify for a 3% coinback.
There are four other levels you can scale through: Gold (5% coinback), Diamond (5% coinback), Emerald (6% coinback), and Dynasty (6% coinback). The gaming site calculates this bonus based on your overall gameplay activities every day. In addition to coinback bonuses, you also receive daily rewards, birthday presents, faster redemption processes, and a personal VIP host.
Speed Sweeps Casino — Coinback Every Wednesday
50,000 GC + 1 SC welcome offer
13 game studios on board
Solid customer support
Lacks an established reputation
No dedicated mobile app
Visit SpeedSweeps
Every Wednesday, Speed Sweeps offers up to 15% coinback. The bonus, which is given as Sweeps Coins, is added to your account at 9 am EST, and is based on your gaming activities during the week. This is in addition to other promotions, including the welcome bonus of 50,000 Gold Coins and 1 Sweeps Coin.
The bonus SC you receive from the coinback and other bonuses are subject to a 1x playthrough requirement before you can redeem them. Speed Sweeps also has a VIP program, which you can join only through Telegram.
How to Maximize Rakeback and Coinback Bonuses
You can make the most of these bonuses by following two main steps:
🤔 Understanding Rakeback or Coinback
Confirm whether the platform offers rakeback or coinback. Then, read the fine print to learn how the bonus works. Pay attention to the calculation formula, as this will determine your next move.
🎮 Playing Games Accordingly
If it is a rakeback, play games with a higher house edge. The RTP will be lower, but you will be getting a portion of that house edge back. If it’s a coinback, have a gaming schedule and play as many GC or SC as you can within that time. The more you play, the higher your potential bonus.
Hits and Misses of Coinback/rakeback Sweepstakes Casinos
There are mostly benefits to claiming both promotions at sweepstakes casinos, but there are also a few drawbacks to note. We have summarized the advantages and disadvantages below:
Pros and Cons
Get a bonus whether you win or lose
Low playthrough requirements on bonus SC
Higher rakeback percentages at higher VIP levels
Small bonus percentages
Not common at sweepstakes casinos
Play at the Best Coinback and Rakeback Sites
Rakeback and coinback bonuses are two excellent additions to sweepstakes casinos. They offer you more Gold Coins or Sweeps Coins, which you can use for free gaming activities. Plus, every time you play, you can expect a portion of your play amount thanks to both reward systems.
Keep in mind that you’ll most likely find coinback than rakeback at sweepstakes casinos. Whatever the promotion, ensure to read the terms and conditions to understand the requirements you must meet to claim and use the offer.
That said, we have recommended the best coinback and rakeback sweepstakes casinos on this page. Select one or more, and click their corresponding links to visit their official websites and create an account. You will get a welcome bonus to start playing games for free.
Rakeback Sweepstakes Casinos FAQs
Yes, rakeback bonuses can expire, but this depends on the sweepstakes casino.
Yes, a sweepstakes casino can have both promotional systems. However, this is not common. You can check the promotions page to see what’s available.
There are daily login offers, referral promotions, VIP bonuses, and wheel-based offers, depending on the sweepstakes casino.
