Short Answer: The Playabets Weekly Cashback gives you a percentage of your weekly net losses back as a bonus every Monday. The percentage you receive (up to 15%) and the maximum payout depend on your Loyalty Club tier.
To qualify, you must make a real-money deposit in the 7 days before the week starts and finish the week with a net loss of at least R100 on qualifying bets.
1. The Calculation Period and Net Loss
According to the Playabets promotion terms, the cashback window runs from Monday 00:00 to Sunday 23:59. It covers all Casino, Live Dealer, and Sports bets. Your net loss is calculated as winning bets (profit, stake excluded) minus losing stakes, on settled real-money bets only. For example, if you win R5,000 and lose R6,000, your net loss is R1,000. The cashback percentage for your tier is then applied to that R1,000.
2. Payout and Rollover Rules
Cashback lands the following Monday as a bonus, not as cash. You must roll it over before you can withdraw. The Casino rollover varies by tier (20x for Bronze and Silver, up to 10x for Diamond). The Sports rollover is 5x at odds of 1.8 or higher. The bonus is valid for 7 days. If you withdraw before finishing the rollover, you lose the bonus and anything won from it.
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