A groundbreaking initiative in the Brazilian betting market now allows all players to receive some form of reward when betting with the company. Winners keep their full earnings as usual, while those who don’t win have the opportunity to recover part of their wagered amount.
"Our cashback has no maximum limit. At LuckBet, cashback—just like the excitement—is real. The idea came from an informal conversation where we asked ourselves, ‘How can we reward our customers’ loyalty?’ After implementing our cashback system, we noticed a steady increase in the number of customers who join and stay with us month after month," says Ivan Dutra, CEO of LuckBet.
It is important to note that participation in the Cashback 20 promotion, as well as all other activities available on the LuckBet website, is restricted to individuals aged 18 and over.
LuckBet is one of the betting platforms authorized by the federal government to operate in Brazil and is also supported by actor Caio Castro, who serves as an ambassador promoting responsible and secure gambling.
A Brazilian betting giant with a strong presence in sports
Founded in 2021 and headquartered in Cuiabá, Mato Grosso, Luck.bet is a Brazilian online betting company that has made a significant impact on the national market. The platform has a strong history of sponsoring sports clubs and events, including Cuiabá EC, and boasts renowned ambassadors such as actor and race car driver Caio Castro, rapper PKFreestyle, and journalist Isa Pagliari.
Committed to Responsible Gambling, Luck.bet implements measures such as self-regulation, reality checks, and self-exclusion while also providing access to support organizations like Gambling Therapy and GambleAware, offering professional assistance through various communication channels.
The company strictly follows all federal government regulations, ensuring full compliance with the new rules that came into effect in 2025.
Source: GMB
