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Rebate Racebook Rules for Horse Wagering
A race must have a minimum of 4 horses run or all wagers will be no action.
Races with post times after midnight eastern time are graded the following morning.
The minimum wager over the phone is $20 each bet.
Past-posting a completed race is considered stealing and will be dealt with in the harshest manner possible. Wagering on any race after its completion will result in one of the following outcomes: account suspension, account termination, or account deletion and confiscation of the fraudulent funds. No warnings will be given regarding this type of activity.
Differences between past posted wagers made a few seconds into a race and wagers posted after a race is completed are easily determined. Do not test the resolve of management regarding blatant theft.
Triple Crown and Breeder’s Cup maximum net profit per race: $100,000
Track A maximum net profit per race: $30,000
Track B maximum net profit per race: $15,000
Track C maximum net profit per race: $10,000
Tracks D and E maximum net profit per race: $7,500
Harness maximum net profit per race: $5,000
Net profits per race include winnings from both racebook wagering platforms. Included in this maximum net profit are winnings from multiple race selections and also profits from multiple accounts wagering in conjunction with each other.
The following wager types will not be eligible for Rebates:
- Win, Place and Show winning wagers that pay $2.20 for $2 or less.
- Canceled, disqualified or scratches wagers
- Horse matchup bets
- Fixed odds bets
- Propositional bets
- Wagers posted over the phone
Your account will automatically be defaulted to receive the Super High Rebates in the Rebate Racebook is you are already receiving our Reduced Juice Rewards. This is our default Rewards Program.
If you choose another Rewards Program other than the Reduced Juice Rewards your Rebate Racebook rebates will be lowered. You will receive 3% on win, place and show wagers and 6% on exotic wagers on Tracks A, B and C and 1% on win, place and show wagers and 2% on exotic wagers on Tracks D, E and Harness.
Sportbet’ Management reserves the right to remove a player from this program at anytime.
No rebate will be given on cancelled wagers or wagers refunded due to a scratch.
The Rebate is paid only on qualifying horse racing bets posted ONLINE on the Rebate Racebook Platform.
The rebate program only applies to bets placed within the Sportbet Rebate Racebook and does not apply to other wagers made through the Sportbet Plus 10% Racebook or the Sportbet Sportsbook.
Rebates are automatically applied daily at 8am ET.
See the Sportsbook Rules page for details regarding fixed odds horse wagering in the Sportsbook. |
