Casino Rebate
- Casino Rebate - Casino, Football and other Sports Betting at GTbets.
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We’re all about that winning feeling at SportsBetting, and with our 10% Weekly Casino Rebate, you’ll have it in spades even if you lose! Play any casino games (not including Live Dealer) from Monday through Thursday, and if you end the week down, we’ll give you back 10% of your losses for up to $250 in casino rebates ready to play. The 10% Casino Rebate will give you that winning feeling, even if you happen to lose! Play any casino games (excluding Live Dealer) from Monday through Thursday, and if you end the week down, we’ll rebate 10% of your losses to boost your mood and your bankroll. The cool thing is.
Think online casino promotions and the first type of offer that probably springs to mind is that old mainstay of the industry…the first deposit match bonus. Something like “Get 100% bonus on your first deposit up to €100…deposit €100 play with €200“.
If you’ve been playing online for a decent amount of time you’ve no doubt stumbled across your fair share of these (same fair, some with 100 times wager terms not so fair!). But you may not be quite as familiar with rebate offers.
How casino rebates work
It’s pretty simple really. The rebate, expressed as a percentage and usually somewhere in the range 0.2% to 0.8%, is applied to your turnover (ie total value of bets placed) on specified games over a specified period and returned to the your account at the end of the period.
As an example, say you are offered a 0.5% rebate for all bets placed at best-rebate-live-casino.com in a given week. You place $10,000 worth of bets and lose $75 during the week. Your rebate is calculated simply as 0.5% x $1,000 = $50. This will then be credited back to your casino account. How much you won or lost placing those bets is irrelevant to the rebate calculation. All that matters is turnover.
Rebate limits, rollovers and tiers
Just like percentage bonus offers, rebate offers come in many different shapes and sizes. They may be subject to maximum limits, rollovers and/or may have a different rebate amounts applying to a tiered turnover structure. A more complicated rebate offer would be something like:
| AMOUNT $ | REBATE $ | MAXIMUM REBATE $ |
| 2,000-50,000 | 0.2% | 100 * |
| 50,000-200,000 | 0.5% | 750 * |
| 200,000 + | 0.8% | unlimited * |
* 1 time rollover required within 1 month from rebate being credited to account, or rebate is forfeited.
So for bets placed = $300,000
Rebate = $100 + $75 + (0.8% x $100,000) = $975.
Still pretty simple.
5dimes Casino Rebate
Why rebates?
Rebates are the enticement of choice in the biggest casino market in the world…Macau’s VIP junket players so its no surprise plenty of online casinos (especially Asian based) offer them. Because reward is directly linked turnover (rather than , say 1st deposit amount) they are also an attractive option to high value players.
From a pure mathematical standpoint they can be very generous. Consider a 0.8% rebate with no upper limit at a casino with 8 deck live baccarat where the house edge for Banker bets is a fraction over 1%. Add the rebate into the calculation and all of sudden the house is playing with a very skinny o.2% house edge. The catch is, to get a rebate offer like 0.8% (unlimited) you generally need to be playing very high volumes.
You can check out current live casino rebate offers here.
Betdsi Casino Rebate
Online casino promotions such as a rebate bonus come in many shapes and sizes and are used as online casino bonuses to reward players who deposit. The design of a rebate bonus is similar in nature to all other online casino bonuses, regardless if offered for traditional Malaysian online casinos or a live casino, they simply will return to a player a set percentage based on their losses. The benefits of this style of bonus, albeit smaller than a standard casino bonus, are many and as you will learn, are suitable for certain types of players and possibly not as ideal for others.