What is a Rebate?

A rebate is cashback you earn based on your wagers. With our daily horse racing rebate promotion, you receive cashback on your net losses (wins minus losses) from bets placed through the Racebook. Rebates are paid daily by 8:00 am ET with no rollover requirements, so you can enjoy your rewards immediately. The exact rebate amount varies depending on the bet type and track, as shown in the chart below.

BUSR Daily Rebates
Track Type Straight Wagers Exotic Wagers
Category A 5% 10%
Category B 5% 8%
Category C 5% 5%
Category D No rebate No rebate
Category E No rebate No rebate

This promotion is only valid for wagers placed through the Racebook and does not apply to any wagers made in the Sportsbook, such as horse match-ups. Additionally, no rebate will be given on canceled wagers or wagers that are refunded due to a scratch. Rebates will not apply to Win, Place, and Show tickets that pay $2.20 to $2 or less.


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