20% - 15% - 10% - 5% Cash Back Bonus
Earn up to a 20% cash back bonus on all of your overall losses in:
- Our Sportsbook
- Our Racebooks
- All of our Casinos
- Lotto900 or Lotto9000
You must contact us to request a conversion of your account to a special cash back account.
The cash back is calculated using the following formula:
(new deposits for the period) - (redemptions for the period) - (current & pending balance) - (accumulated winnings from previous periods) X (rebate percentage) = (cash back bonus)
Transfers to other accounts and tips given to Live Dealers, or any other representative, are considered redemptions and will count against the cash back calculation. Transfers from other accounts are considered deposits as well.
Transfers to other accounts are considered redemptions. Transfers from other accounts are considered deposits.
You can receive a 20% Cash Back Bonus on all of your overall losses twice a year. This cash back may be requested within two weeks of the first pre-season NFL game and within two weeks of the Superbowl. 20% Cash Back Bonuses will be applied only if no other cash backs have been requested during the qualifying period.
You can receive a 15% cash back rebate on all of your overall losses once per 30 days. If 30 or more days have passed since your last cash back, you may ask for your cash back rebate of 15% to be calculated and applied at any time.
You can receive a 10% Cash Back Bonus on your overall losses once a week on Tuesdays. This cash back bonus can only be requested on Tuesdays from 9:00am until 11:00pm ET. The 10% cash back bonus is limited to one time each Tuesday and will be applied if no cash back bonuses have been credited to your account during the past 7 days.
On any day other than Tuesday, if you choose to ask for a cash back rebate before 30 days, you will receive a 5% cash back rebate.
If you choose to accept a 15% cash back rebate, you will not qualify for the 20% twice per year cash back rebate.
If you choose to accept a 10% cash rebate, you will not qualify for the 20% or 15% rebate options.
If you choose to accept a 5% cash back rebate, you will not qualify for any other rebate option.
By choosing an early cash back rebate period, you give up the possibility of earning a higher cash back rebate percentage.
The minimum cash back amount that will be applied to an account is $2.50 (based on 5% of a $50 deposit lost). We reserve the right to raise cash back minimum amounts applied up to $50 or restrict awards to once per 30 days if an account is deemed to be overusing of any cash back or rebate bonus program.
Some Cash Back Rewards, at managerial discretion, may be subject to rollover restrictions and/or be limited to a certain percentage amount if not requested within the defined periods. It is your responsibility to request your cash backs on time in order to make the most out of your rebate reward program.
Once lost funds have received a cash back bonus, those funds will not be counted again in any future cash back rebates.
You cannot receive any other bonuses (cash or free-play) during the cash back time frame. If you choose to accept a bonus of any kind, you will be removed from the "cash back rebate" program. Reduced juice wagering options will be eliminated as a condition of the "cash back rebate" program.
Customers from outside North America may be limited to only the 20% cash back option. Affiliate and cash back schemes will result in not only an account being eliminated from the program, but will also be responsible for fees incurred for all deposits and payouts being applied directly to the players account and/or the affiliates account.
How your Cash Back Bonus Will Appear In Your Account
To locate your Cash Back Bonus, log into Sportbet Sportsbook, click on "Account" in the top navigation and then on "Transactions".
In this example, the customer has received a $27 Cash Back Bonus. The customer had $100 Carried Forward and $100 in Total Deposits and a Pending Balance of $20.
Here is how the Cash Back Bonus is calculated:
$100 (Carried Forward Amount) + $100 (Total Deposit Amount) = $200
$200 - $20 (Pending Balance) = $180
15% of $180 = $27
Cash Back Bonus Abbreviations
CF = Carried Forward – This amount corresponds to Available Balance and Pending Balance deducted the last time a Cash Back Bonus was applied to your account. If on your previous Cash Back your available balance and pending balance counted against you, on your next Cash Back Bonus it will be counted as the Carried Forward figure and will be counted positively in your bonus.
TD = Total Deposits – Corresponds to all the deposits registered to your account during the period. Remember that transfers from third party vendors are considered deposits.
TR = Total Redemptions – Corresponds to all the redemptions registered to your account during the period. Remember that transfers to third party vendors are considered pay outs.
AB = Available Balance – This is the amount available for you to play with at the time the cash back bonus was requested. Funds available in your balance are counted as a negative figure on your cash back.
PB = Pending Balance – This is the amount you have on wagers that are yet to be settled. Funds locked in pending wagers count as a negative figure on your cash back.
This promotional offer is available on internet wagers only. Sportbet reserves the right to change or eliminate this offer at anytime from any or all clients. Pending or closed tickets will not be affected by any change in this offer. This is an exclusive offer and cannot be combined with any other bonus program.