Betting maths and calculators

Can a 3% cashback offer compensate for a 5% average house edge?

Direct answer

If the average house edge is 5% of stake, a rebate equal to 3% of TOTAL STAKES would reduce theoretical net loss to roughly 2% of stake, assuming every wager qualifies and there are no caps. If the offer returns 3% of NET LOSSES instead, the expected 5% loss falls only to approximately 4.85%. Read the exact cashback basis.

How to use this answer

The principle is supported by the referenced rules, but a different operator or market can apply a different settlement condition. Treat the named provider as a specific example, not as a universal betting rule.

Not automatically: eligibility, caps and whether cashback applies to net loss or total stakes determine the effective economics.

Use the precise stake, decimal odds, market terms and outcome probabilities when calculating the result. Expected value measures an average over hypothetical repetitions, not a guaranteed profit.

Reference: wizardofodds.com · published rules or source ↗