Understanding Tournaments and Cashback at Supabet
At Supabet, we offer various ways to enhance your gaming experience beyond the standard play. Our tournaments and cashback offers are designed to provide additional value and opportunities for our players. We believe in transparency, so we will outline how these features work.
Casino and Slot Tournaments
Our tournaments provide a competitive avenue for players to engage with their favourite slot and live casino games. These events feature substantial prize pools, with some reaching up to $2,000,000. Participation is typically linked to playing specific games or fulfilling certain wagering requirements within the tournament period. A leaderboard tracks player performance, usually based on points earned from wins or multipliers. The top-ranking players at the conclusion of the tournament share the prize pool according to a predefined structure.
Understanding Cashback
Cashback offers are a way for us to return a portion of net losses back to our players. This feature is applied to specific game categories or over defined periods, providing a safety net for your wagers. The cashback percentage varies depending on the offer.
How Cashback is Calculated
We calculate cashback based on net losses. This means we look at the total amount you have wagered minus the total amount you have won within the specified period for that particular cashback offer. Any bonuses or other promotional credits are typically excluded from this calculation. The aim is to provide a rebate on the actual amount lost.
For example, consider a scenario with a 10% cashback offer on sports betting. If, over the course of a week, you wagered $1,000 and won $700, your net loss would be $300 ($1,000 - $700). Under a 10% cashback offer, you would receive $30 back ($300 x 10%). Similarly, for live casino games with a 25% cashback offer, if your net loss was $400, you would receive $100 back ($400 x 25%). These percentages are clearly stated in the terms of each promotion.
Typical Cashback Offers at Supabet
- Sports Cashback: Typically offers around 10% on net losses up to $1,000.
- Casino Live Cashback: Often provides around 25% on net losses up to $400.
- Daily or Weekly Casino Cashback: Can vary, sometimes offering up to 15% on net losses up to $800, depending on the specific promotion.
