How does Cashback work?

At StarBets, our Cashback program focuses on returning a portion of lost wagers from deposited coins by users. The maximum Cashback base amount is determined by the following formula: Deposits - Withdrawals - Past Collections. The available Cashback balance for collection is calculated based on the net loss since the last collection, ensuring it does not exceed the maximum. The formula for the available Cashback balance is: (Lost Bets - Won Bets) * Cashback Percentage. This approach allows us to reward our users for their continued engagement on the platform while maintaining a fair and balanced gaming environment.