Rakeback Modifiers

The rakeback mechanism is introduced to reward players and keep them engaged on the platform.

DEFINITION

• Rake is a fee or commission taken by platform from each pot in a game or from the winnings in other prediction games.

• Rakeback is a refund to players of a portion of the rake they paid to the platform.

CALCULATION

• The rakeback amount is typically calculated as a percentage of the total rake a player has contributed to the platform over a certain period (daily, weekly, monthly, etc).

• For example, if a player contributed $1000 in rake to the platform over a month, and the rakeback rate is 20%, they would receive a $200 rakeback.

DISTRIBUTION

• Rakeback will be distributed to players' accounts regularly (e.g. daily, weekly, or monthly), depending on certain factors.

BENEFITS FOR PLAYERS

• Rakeback acts as a loyalty reward, encouraging players to continue playing on the platform.

• It can significantly reduce the cost of play for regular players.

BENEFITS FOR THE PLATFORM

• By offering rakeback, All-Access aims to attract more players and retain existing ones.

• It also fosters a competitive environment and promotes player loyalty.