Weekly Rebates
At BetNow, we believe in giving back. We offer weekly rebates for Sportsbook, Casino, and Horse Racing activity to help eligible players get a percentage back on their weekly net losses.
Rebates are calculated based on qualifying net losses during the applicable weekly period.
Sportsbook Rebate
The Sportsbook Rebate gives eligible players with Sportsbook activity a weekly reimbursement equal to 2% of their net Sportsbook losses, minus any bonuses received during the week.
Sportsbook Rebate Details
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Product: Sportsbook
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Rebate amount: 2%
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Rebate type: Weekly rebate
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Credit date: Every Monday
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Calculation: Net losses minus bonuses received during the week x 2%
Sportsbook Eligibility
To qualify for the Sportsbook Rebate:
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You must have Sportsbook activity during the qualifying week.
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Your account must be in good standing with the Know Your Customer Department.
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Any bonuses received during the week will be deducted from the net loss calculation before the rebate is applied.
Sportsbook Example
If your Sportsbook net losses for the week are $500, and you received $100 in bonuses during that same week, the calculation would be:
$500 - $100 = $400
$400 x 2% = $8
In this example, the player would receive an $8 Sportsbook Rebate, provided all eligibility requirements are met.
Casino Rebate
The Casino Rebate gives eligible players a 10% weekly rebate on net losses from Casino play.
BetNow offers a wide variety of casino games, including table games, progressive slots, video poker, keno, and mobile games. If you have qualifying net losses in the Casino during the week, you may receive a rebate equal to 10% of those net losses.
Casino Rebate Details
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Product: Casino
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Rebate amount: 10%
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Rebate type: Weekly rebate
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Credit date: Every Monday by 12:00 PM Eastern Time
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Calculation: 10% of qualifying weekly Casino net losses
Casino Example
If your Casino net losses for the week are $300, the calculation would be:
$300 x 10% = $30
In this example, the player would receive a $30 Casino Rebate, provided all eligibility requirements are met.
Horse Racing Rebate
The Horse Racing Rebate gives eligible players a 10% weekly rebate based on net losses from Racebook activity.
When you bet on Horse Racing from Monday through Sunday, you may receive a rebate equal to 10% of your qualifying net losses.
Horse Racing Rebate Details
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Product: Horse Racing / Racebook
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Rebate amount: 10%
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Rebate type: Weekly rebate
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Qualifying period: Monday through Sunday
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Credit date: Every Monday by 12:00 PM Eastern Time
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Calculation: 10% of qualifying weekly Horse Racing net losses
Horse Racing Example
If your Horse Racing net losses for the week are $200, the calculation would be:
$200 x 10% = $20
In this example, the player would receive a $20 Horse Racing Rebate, provided all eligibility requirements are met.
Important Information
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Rebates are based on qualifying weekly net losses.
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Sportsbook rebates are credited every Monday.
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Casino and Horse Racing rebates are credited every Monday by 12:00 PM Eastern Time.
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Players must meet all eligibility requirements to receive a rebate.
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All rebate calculations are subject to review.
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All management decisions are final.
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