What are the full terms and conditions for the Shayabets 15% Weekly Sports Cash Back?

Short Answer: The Shayabets 15% Weekly Sports Cash Back rewards you with a bonus bet worth 15% of your net sports losses for the week, calculated from Monday to Sunday and credited the following Friday at 12pm. The bonus is paid in Bonus Bets, has a minimum of R75 and a maximum of R7,500, and must be wagered 3 times before it can move to your cash wallet.

The promotion is open to verified accounts and covers pre-match sports bets only, with specific odds and selection requirements to keep in mind.

1. How the Cash Back Is Calculated

The promotion works on your weekly net losses. If you placed bets and lost R500 or more from Monday to Sunday, you qualify for 15% Cash Back on Sports Bets. The calculation is straightforward: Net Losses = Total Losses - Total Winnings - Non-Casino Bonuses for the period. For example, if you have R1,000 in total losses and R500 in total winnings, your net losses are R500, and you would receive 15% of that, which is R75, back as a Bonus Bet.

Net losses are calculated for settled bets only and include issued non-casino bonuses. Invalid or cancelled bets, and cashed-out bets, will not count toward your net losses, so those stakes are excluded from the calculation entirely.

2. When and Where the Cash Back Is Credited

If you have encountered net losses from your qualifying bets during the week, you will automatically get up to 15% back as a Bonus Bet the following Friday at 12pm. The Cash Back is credited to your bonus wallet, and your Bonus Wallet cash can only be used on Sports. You can use your Cashback Bonus on multibets.

The minimum Cash Back added per week is R75 on Sports, and the maximum Cash Back per week cannot exceed R7,500 on Sports. The maximum withdrawable amount from this bonus is R22,500, which is the absolute ceiling on what you can take out of the bonus regardless of how much you win with it.

3. Wagering and Validity Conditions

Your Cash Back Bonus must be wagered 3 times before it can move to your cash wallet. The maximum win is calculated at 3 times your bonus amount, which means the 3x wagering and the 3x max win run in parallel.

There are minimum odds of 1.5 for sports bets and a minimum selection count of 3 teams. If the stake rollover requirement for this bonus has not been met within 7 days of the date the bonus was credited, any funds held in the bonus balance will be forfeited. Accounts need to be verified to qualify for this bonus, so FICA verification must be complete before the bonus is credited.