Rakeback
Mooncake Bets is steadfast in its mission to deliver unparalleled rewards to its cherished casino users.
With the advent of the Increased Rakeback program for MCAKE holders, the platform reinforces its pledge to provide maximum value to its community. Here's a detailed guide:
Understanding Rakeback
Rakeback stands as a cornerstone of the Mooncake Bets' premium rewards program. In essence, it denotes a mechanism where a fraction of the house edge is reimbursed to players for every bet they position. It's Mooncake Bets' way of appreciating players for their engagement and allegiance.
Standard Rakeback
All Mooncake Bets users are automatically privy to a base rakeback of 5%. This ensures that irrespective of their MCAKE holdings, every player is rewarded.
Boosted Rakeback with MCAKE
To add another layer of benefit for its MCAKE token enthusiasts, Mooncake Bets introduced an augmented rakeback scheme. Effective from [[Launch Date]], players can elevate their casino rakeback based on their MCAKE holdings on the platform. The structure is as follows:
MCAKE Holdings
Rakeback Increase
Total Rakeback
$100
1%
6%
$1,000
2%
7%
$2,500
3%
8%
$5,000
4%
9%
$10,000
5%
10%
$25,000
6%
11%
$50,000
7%
12%
$100,000
8%
13%
$250,000
9%
14%
$500,000
10%
15%
Last updated