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Housebets offers rakeback, lossback, welcome bonuses, free spins, referral rewards, level-up bonuses, and other promotions. All bonuses are subject to the specific terms of each offer published alongside it. You must explicitly accept bonus-specific terms before receiving any bonus.
How wagering requirements work
A wagering requirement defines how many times the sum of your deposit and/or bonus must be turned over before a withdrawal can be made. The requirement accumulates based on the house edge of games played. Our house edge across most casino games is 3.5%–4.5%, so the wagering requirement is set at a 4% effective rate.
The sportsbook contributes at a 3% effective rate — $0.75 toward the requirement for every $1 wagered. Games with lower house edges progress the requirement more slowly. All bonus offers disclose: wagering requirements and how they are calculated; game/market contribution rates; expiry period; maximum bet while wagering; whether bonus funds are withdrawable; and forfeiture/cancellation conditions.
Cash balances must always be wagered before bonus balances.
Rakeback & lossback
A percentage of the house edge from your wagers is returned as loyalty rewards. Customise your allocation in your rewards dashboard. Details at housebets.com/rewards.
Bonus abuse
We reserve the right to cancel or reclaim any bonus where it has been exploited in bad faith (self-referral, multi-accounting, arbitrage with bonus funds); it has not been claimed within its claiming period or 60 days (whichever is shorter); or the account is in breach of these Terms. We reserve the right to cancel any bonus at our sole discretion and to remove bonuses from inactive accounts.