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Sportsbook Offers Rebate on Losses

June 25, 2018
cash back sportsbook

If you are a regular reader of our sports betting blog, you know who Youwager is. They have been ranked our top sportsbook for five years running. They now have a cash back rebate on sportsbook losses which makes it even more attractive to play there.

How it Works

Nobody likes losing. But, it is a fact of life that if you gamble, you will have losing streaks. Even if you are net positive betting your entire life, you have had or will have losing streaks. Now, Youwager has a special program that pays out twice a year on your losses.

They have two tiers for this rebate:

  1. 15% Net Loss Free Play Bonus – Players need to make a deposit of $500 or more while playing at YouWager, and have at least 10 weeks of action during the cash back period.
  2. 25% Free Play Cash Back – Players need to make a deposit of $1,000 or more while playing at YouWager, and have at least 10 weeks of action during the cash back period.

*1st period runs from August 1st until the 1st Sunday of February. Bonus can be claimed starting the Monday after the 1st Sunday of February till July 15th.
*2nd period runs from Monday after the 1st Sunday of February until July 31st. Bonus can be claimed starting August 1st till January 15th.

The period starting in August and ending in February perfectly coincides with football season. So, if you have a great football season and win, good for you. But, if you have a bad season and lose, you get some money back. And that is a good safety net to have.

Add on top the 100% bonus you get for depositing ($100 – $1000) and you can see why this is one of the more attractive sportsbooks at which to play.