Lossback is a reward that returns a percentage of your losses back to you. While most sites offer this reward exclusively for big depositors, we've decided to allow all users on Diceblox to receive it. Although, the lossback system for VIP players, compared to the one for normal players is very different.
How do I receive lossback?
If you're a non-VIP, you'll receive what is referred to as rolling lossback. Essentially, your account has to remain in a negative state in order to be eligible for lossback.
Here's how rolling lossback works:
You deposit $100.00 and lose the balance, you're now eligible for $10.00.
Once you receive the $10.00, you win $50.00 off of it and withdraw.
You're now in a $50.00 profit, as your PnL resets each time you claim.
You'll need to lose that $50.00 in order to be at a break-even point.
From there, you'll need to lose more to be eligible again for lossback.
Your Profit & Loss resets every time you claim the lossback. So if you lose $1,000, then claim lossback, your net loss is $0. If you win off that lossback and withdraw, the amount you withdrew will put you in profit. This ensures nobody can abuse.
What lossback do VIPs receive?
All VIP users receive weekly lossback. Unlike rolling lossback, this is based off of a week-to-week basis, which is much more rewarding. Additionally, VIP lossback rewards 15% while regular lossback for users only rewards 10%
Here's how VIP lossback works:
You deposit $5,000 within the first week of the month and you end up in profit.
For the second week of the month, you deposit $5,000 and you end up in a loss.
You'll still receive lossback even though you were in profit the first week.
That's how VIP lossback becomes much more rewarding for our VIP players.
Lossback calculations include user and rain tips. Each time you tip another user or add money to the rain pot, it's technically considered a withdrawal.