How to use cashback and freespins in your strategy
0) Terms and what exactly to count
Cashback (by net minus) - percentage of loss for the period (day/week). Can come with money or a bonus with a vager.
Raceback/loyalty -% of rate turnover (rarely above 1%). Usually without a wager.
Freespins (FS) - a fixed number of free spins at a given rate and in a specific slot; winnings can be:
- without a wager,
- with a vager to win,
- with output ceiling (max cashout).
- RTP - theoretical slot return; house edge h = 1 − RTP. Example: RTP 96% → h = 4%.
1) Key parameters that solve everything (write to the table)
1. Percentage of cashback/rakeback and ceiling (cap).
2. Type of enrollment: real money or bonus.
3. Wager (WR) on bonus/winnings with FS and contribution of games by rules (weighting).
4. Max rate when working out, excluded games, max output.
5. Promo validity period and calculation window (day/week/month).
6. What is the RTP version of the desired slot in your casino (options for one title may differ).
2) Formulas and quick benefit thresholds
2. 1 Cashback bonus with wager
Let's say you got the bonus B = c × L, where * c is the cashback%, * L is your net minus for the period.
The expected cost of working out (losing at a distance) ≈ h × (WR × B).
The expected benefit of the bonus is EV ≈ B − h × WR × B = B × (1 − h × WR).
Positive EV threshold: WR <1/h.
Example: RTP 96% → h = 0.04 → WR <25 gives a positive EV (excluding caps/exceptions).
Numerical example: c = 10%, L = 2,000 → B = 200. WR = 15, h = 0.04 → expected "price" of mining = 0.04 × (15 × 200) = 120.
EV ≈ 200 − 120 = 80 (up to max bet/cashout limits).
2. 2 Rackback (per turn), no wager
Expected result per 100 units of turnover: − h × 100 + r × 100 = 100 × (r − h), where * r is the% of the raceback.
Break-even point: r ≥ h (for a slot with RTP 96%, raceback is needed ≥ 4% is almost unattainable in reality).
Conclusion: Rakeback does not turn matwedding, but reduces the cost.
2. 3 Frispins
EV of one spin (if winning without a wager) ≈ bet × RTP.
Total EV FS ≈ N × rate × RTP (N - number of spins), minus the effect of ceilings/restrictions.
If winning with WR: rough score EV ≈ N × bet × RTP × (1 − h × WR).
3) Cashback tactics (step by step)
Before period
Choose a basic slot for working out: RTP ≥ 96%, low/medium volatility, without restrictions on the rules of promo.
Set the rate ≤ 0.5-1% of the daily limit (not from the balance).
Record stop loss/stop wines for a period (e.g. day: − X, + Y).
During the period
You play according to plan, without accelerating the bet "on the catch."
Keep turnover/risks under limits so as not to run into a cashback cap.
After cashback accrual
If the bonus came:
- 1. Check out WR, games contribution, max bet.
- 2. For working out, take low/medium volatility to smooth out variance.
- 3. WR rate: 0.2-0.5% of the daily limit to maintain a distance without breakdowns at max bet.
- If real money came, this is a separate envelope. Do not increase base rate; use to extend playtime or commit output.
4) Freespin tactics
FS types and approach
No vager: It's "almost cash." Usage:
- Play quickly, withdraw part (for example, 50% of the winnings), the rest - on low volatility. With a vager to win:
- Practice on low/medium volatility and high contribution slots by condition.
- Bet plan: small steps, the goal is to extend the distance WR. With output ceiling:
- If the cap is low, there is no point in overclocking the variance - keep the average gain in the cap zone.
- Without WR, a partial output → immediately (50-70%), the remainder - to the "slow" slot.
- With WR → switching to the running slot, ≤ rate 0.5% of the daily limit, max bet control.
- 3. Watch the FS/WR time limit, do not stretch for the last hour.
- 1. Play basic;
- 2. Use FS at the beginning of the week (for a "start" without risk or a neat upside);
- 3. The cashback/rakeback closes part of the variance by the end of the period;
- 4. According to the accrual of cashback - working out (if bonus) and restarting the cycle.
- Consider cap: it is better to distribute sessions evenly than to burn out the limit in one day.
Converting FS to money (algorithm)
1. Activate FS, fix the exact bet and slot from the conditions.
2. Winnings received:
5) Selection of slots for different tasks
WR development/stability: low/medium volatility, frequent mini-payments, RTP ≥ 96%.
Using FS without WR (upside hunting): it is permissible to try medium/high volatility, but only the FS part, not the main bankroll.
Avoid: games excluded from the conditions, and slots with a reduced RTP version (if the operator has this practice).
6) Bankroll and promo-inclusive bets
Do not "devour" the promo by increasing the bid. Promo is a dispersion compensator, not a reason to double the risk.
Rate-rule: base ≤ 1% of daily limit; when working out WR - even less.
Stop wines on promo: received + 50-100% to the amount of the bonus/FS win - fix the part (at least 50%).
7) Combinations and week-to-week cycle
FS → Development → Cashback:
8) Checklist before activating any promo
Promo type: money or bonus? Wager is/is not?
WR, games contribution, max bet, exceptions, max cashout - written in numbers.
The training slot and rate (as a percentage of the daily limit) are selected.
Promo/FS terms do not overlap with your weekend.
Withdrawal plan: at + 50-100% of the promo amount - fixing the part.
9) Common mistakes (and how to avoid them)
Dogon on real money "under the umbrella of cashback." Solution: limits and the rule "no replenishment for the sake of wagering."
Working out WR on high volatility. Solution: low/medium variance.
Violation of max bet → cancellation of bonus. Solution: tight binding of the rate to the limit.
Ignoring deadlines → FS/bonus burn-in. Solution: Calendar.
Cap to output on FS win compresses EV. Solution: do not disperse the dispersion if the ceiling is low.
Unverified RTP slot version. Solution: reconciliation before starting.
10) Quick Solution Templates
10% cashback with WR 15, RTP 96%: WR × h = 15 × 0.04 = 0.6 → EV of bonus ≈ 40% of its face value. Play low/medium volatility, small bet.
FS 100 pcs for 2 ₴, without WR, RTP 96%: EV ≈ 100 × 2 × 0.96 = 192 ₴. Half-output immediately, the remainder - "slowly."
Raceback 0.5%: on RTP 96% net "discount" costs 0.5 percentage points (it was 4%, it became 3.5%). We are not raising the rate.
Result
Cashback and freespins are a tool for smoothing variance and partial cost recovery. Their value is determined by specific numbers of conditions. Consider EV, work on low/medium volatility, observe max bet/deadlines, fix part of the profit. Integrate promo into the general bankruptcy as an addition, and not a reason to increase the risk - this is how they really work for you, not against.