Stake Rakeback Explained: Getting 5% Back With Code SHIMA

What is rakeback?

Every casino game has a house edge — the small advantage the casino keeps on average. On a slot with 96% RTP, the house edge is 4%. Rakeback returns part of that edge to you as real money.

With 5% rakeback from code SHIMA, a share of the expected house edge on each eligible bet goes back to your account, whether the bet wins or loses.

How rakeback is calculated

Rakeback is based on the expected house edge of your bets, not your actual results. A simple way to estimate it:

• Wager × house edge = expected house edge.
• Expected house edge × 5% = your rakeback.
• Example: $10,000 wagered on a game with a 4% edge = $400 edge × 5% = $20 rakeback.

How to claim rakeback

Open the VIP section of your Stake account and find the Rakeback tab. Your available rakeback builds up in real time. Click Claim and it is added straight to your balance. There is no wagering requirement on rakeback, so you can withdraw it or keep playing.

Why rakeback beats a one-off bonus

A welcome bonus is used once. Rakeback lasts for the whole life of your account. If you play regularly, rakeback adds up month after month, and it softens the impact of losing sessions because you get something back even when you lose.

Rakeback and the VIP Club

Rakeback from SHIMA works alongside the Stake VIP Club. As you climb ranks you also unlock weekly, monthly and level-up bonuses. Code SHIMA simply means you get rakeback from your very first bet rather than waiting to reach a higher rank.

Rakeback and Canadian taxes

Like other recreational gambling returns, rakeback is generally not taxed for casual players in Canada. If you hold your rakeback in crypto and later sell it at a different price, that sale may be a capital gain or loss for CRA purposes.