Horse Rebate
The Horse Racing Rebate gives eligible players a 10% weekly rebate based on qualifying 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, after applicable deductions.
Horse Racing Rebate Details
- Product: Horse Racing / Racebook
- Rebate amount: 10%
- Rebate type: Weekly rebate
- Qualifying period: Monday through Sunday
- Credit date: Every Monday by 12:00 PM Eastern Time
Horse Racing Calculation
Your weekly Horse Racing win/loss total is calculated first. To determine your final accumulated loss figure for rebate purposes, we then apply the following:
- We subtract any Horse Racing rebates received the previous week.
- We subtract any Horse Racing bonuses or promotional credits received during the applicable period, if applicable.
Horse Racing Example
If your Horse Racing net losses for the week are $200, and no applicable deductions are subtracted from the calculation, 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
- Rebates are based on qualifying weekly net losses.
- Sportsbook rebates are credited every Monday.
- Casino and Horse Racing rebates are credited every Monday by 12:00 PM Eastern Time.
- Players must meet all eligibility requirements to receive a rebate.
- All rebate calculations are subject to review.
- BetNow reserves the right to modify, alter, or terminate the rebate program and its corresponding percentages at any time without prior notice.
- All management decisions are final.