Short Answer: The Playabets Daily Rakeback is calculated daily on all eligible settled wagers from the previous calendar day (00:00 to 23:59) and is credited once per day for you to claim. You must log in and claim it within 24 hours or it will expire automatically.

It is not automatically added to your balance; you must actively claim it each day.

1. The Daily Calculation Window

According to the Playabets promotion terms, the system looks at the previous day's activity. Every eligible wager is calculated using the formula: Wagered Amount x Applicable House Edge x Your Tier Rakeback %. Only settled real-money wagers count, while cancelled, voided, or unsettled wagers do not qualify. Once the day closes, the calculation is finalised, and the Rakeback becomes available for you to claim.

2. The 24-Hour Claim Window

Once the Rakeback is credited to your account for claiming, the clock starts ticking. You have 24 hours to claim it before it expires. If you miss this window, the Rakeback is forfeited, and you cannot recover it. Once claimed, the funds are paid into your Cash Wallet as withdrawable cash with no wagering requirements. There is no rollover, meaning you can withdraw the funds immediately if you choose.

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