BetNow Sportsbook Rebate

The Sportsbook Rebate gives eligible players with Sportsbook activity a weekly reimbursement equal to 2% of their qualifying net Sportsbook losses, after applicable deductions.

Sportsbook Rebate Details

• Product: Sportsbook
• Rebate amount: 2%
• Rebate type: Weekly rebate
• Credit date: Every Monday

Sportsbook Eligibility

To qualify for the Sportsbook Rebate:

• You must have Sportsbook activity during the qualifying week.
• You must have an accumulated Sportsbook loss of at least $50 for the week, after calculations.
• Your account must be in good standing with the Know Your Customer Department.
• All rebate calculations are subject to review.

Sportsbook Calculation

Your weekly Sportsbook win/loss total is calculated first. To determine your final accumulated loss figure for rebate purposes, we then apply the following:

1. We subtract any Sportsbook rebates received the previous week from your loss.
2. We subtract any Sportsbook bonuses or promotional credits received during the applicable period, if applicable.

Sportsbook Example

If your Sportsbook net losses for the week are $500, and $100 in applicable deductions are subtracted from the calculation, 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.