The Cash Back Racebook offers wagering at all your favorite tracks in the United States, Canada and the rest of the world. You can receive cash rebates of up to 6% on your daily bet volume, win or lose, every single day.
The Rebate Setting has the following limits:
Tracks A/B: WPS $500 max wager & 3% rebate, exotics $200 max wager & 6% rebate
Tracks C: WPS $200 max wager & 3% rebate, exotics $20 max wager & 6% rebate
Tracks D/E: WPS max wager $20.00, exotics $2.00 (no rebates)
Harness: WPS max wager $10.00, exotics $1.00 (no rebates)
The minimum wager amount is $0.10 on Superfectas and $1.00 on all other wagers.
Please note: Management reserves the right to remove a player from this program at any time. Additionally, we may restrict the amount of any bet, or restrict in its entirety any bet, on any track, at any time.
The following wager types will not be eligible for Rebates:
This rebate program applies to bets placed online within the Cash Back Racebook and does not apply to other wagers made through the Racebook + or the Sportsbook.
Cash Back Rebates
Payouts are based on the actual track payout. The odds quotes listed in the race program are informational and are not used to calculate the payouts. Your account will reflect any payouts once the race is graded.
The following table shows the maximum total bet that will be paid out at actual track odds: Maximum Odds paid for different wager types:
|Wager Type||Major Tracks||Other Tracks|
|Win||No Limit||No Limit|
|Place||No Limit||No Limit|
|Show||No Limit||No Limit|
|Daily Double||No Limit||500/1|
|Pick 3||No Limit||1500/1|
|Pick 4||No Limit||5000/1|
|Pick 5||No Limit||5000/1|
|Pick 6||No Limit||10000/1|
Triple Crown and Breeder's Cup maximum net profit per race: $100,000
Track A maximum net profit per race: $30,000
Track B maximum net profit per race: $15,000
Track C maximum net profit per race: $10,000
Tracks D and E maximum net profit per race: $7,500
Harness maximum net profit per race: $5,000
Australian Tracks maximum net profit per race: $1,000
If a track is available to bet but does not appear on the list of tracks on our website (see) then maximum net profit per race will be $5,000 max.
Net profits per race include winnings from both Racebook wagering platforms. Included in this maximum net profit are winnings from multiple race selections and also profits from multiple accounts wagering in conjunction with each other.
Cash Back Racebook RULES:
A race must have a minimum of 4 runners for a WIN, PLACE, SHOW, QUINELLA, EXACTA, TRIFECTA or SUPERFECTA wager to have action. Daily Doubles, Pick 3, Pick 4, Pick 5 or Pick 6 will be paid track odds regardless if a race does not have a minimum of 4 runners.
Races with post times after midnight eastern time are graded the following morning.Once a racing bet has been accepted and a ticket number generated it cannot be changed or cancelled.
Horses are identified by saddlecloth number, not by name. Clients are solely responsible for correctly selecting both horse and race numbers on all wagers.
Wagers are accepted until post time. All past-posted wagers will be voided. If for any reason the race does not close due to a technical difficulty and you are able to bet after the horses have left the gate, your bet will be voided and your funds returned to your account, win or lose. Wagering on any race after its completion will result in one of the following outcomes: account suspension, account termination, or account deletion and possible confiscation of the funds. No warnings will be given regarding this type of activity.
Be aware that our Racebook platforms pay TRACK ODDS. (see track limits) Track consolation pay outs, if offered by the track, will be automatically paid as displayed in track results. Carryovers or pools listed by the track will not be offered by our Racebooks. No claims upon payouts will be accepted without the odds being displayed on the track's site.
Pool manipulation attempts or playing negative pool hedges will lead to account suspension and earnings from these types of schemes are subject to voiding/forfeiture.
Please see Cash Back Racebook Payouts for maximum odds paid for different wager types and maximum net profit per race.
If a horse is inadvertently shown as scratched in the wagering menu but runs, there will be no refunds given for any wagers made in said race. In cases where a wager is made before early scratches are announced your wager will NOT BE REFUNDED. If your wager has scratches they will be treated as early scratches.
If there are no track payouts for a certain type of wager, all wagers of that type will be refunded.
Straight Wagers - "Win" means First place, "Place" is Second place or better, and "Show" is Third Place or better.
Exotic Wagers - Making an exotic bet is just like placing a straight wager, except now you will be selecting multiple runners. All selections must win. Track consolation payouts will not be credited. The following is a list of exotic wagers we offer:
Exacta: Choose two runners to come in 1st and 2nd in the specified order.
Trifecta: Choose runners to come in 1st, 2nd and 3rd place in that specified order.
Superfecta: Choose runners to come in 1st, 2nd, 3rd, & 4th places in that order.
Quinella: A wager where two runners are selected to finish first and second in any order.
Daily Double: A bet attempting to pick the winner of two consecutive races.
Pick3: The Pick 3 requires you to select the winner of 3 consecutive races.
Pick4: The Pick 4 requires you to select the winner of 4 consecutive races.
Pick5: The Pick 5 requires you to select the winner of 5 consecutive races.
Pick6: The Pick 6 requires you to select the winner of 6 consecutive races.
Coupled Pairs: Horses are coupled in the betting if they share the same owner. If you place a wager on one coupled horse, you automatically get the other. So if you select a Horse that is part of a coupled pair (i.e. horses 1 and 1A), both of the coupled horses are considered as one selection. For example, if you played 1-3-7 as your Trifecta and the result was 1A-3-7, you win. Also, if one Horse gets scratched, you have the other Horse regardless of which Horse you selected. For example, if you select 1A and 1A gets scratched - you still have the 1 Horse. . If part of an entry is scratched and part of an entry runs, all wagers have action. There is no "must go" action as part of the entry. If one of the entry runs, all wagers and bet types have action.
Scratches - Horse scratches are updated automatically by the Cash Back Racebook system. We assume no liability for errors from data suppliers regarding horse scratch status. If you wagered on a horse before it was scratched, the follow rules will be applied:
Win / Place / Show: All wagers refunded when the race is graded.
There is a $20,000 max payout for show bets. Any wager placed above this amount will be considered no action.
Exacta / Trifecta / Superfecta / Quinella: Each portion of your wager, which involves a scratched horse, will be refunded when the race is graded.
Daily Double / Pick 3 / Pick 4 / Pick 5 / Pick 6: The post-time favorite could be used to replace a scratch, based on the Host Track’s own ruling. If the race and Track you selected for your ticket(s) pays consolations for scratches based on the post-time favorite odds and result, and you have a selection with All winners and a scratch, this scenario will get your selection a consolation payout, but if Track consolation is not given your ticket(s) will be refunded. A selection with a scratch and one or more losers does not qualify for any refund. Track consolation payouts are automatically calculated and applied by the system. Daily Doubles, Pick 3's, Pick 4's, Pick 5's and Pick 6's count towards the last race in its sequence when calculating the race profit. The formula will be: (Net Profit = Net Payout for Race minus Total Amount Wagered for Race).
Should the track payout on a race pays to ALL on Super/Trifectas, pays out 2 of 3 on a Pick 3, or 3 of 4 on a Pick 4, and your wager has the exact perfect ticket, you’ll be paid out the whole pool up to the track maximum win minus 25% representing the takeout percentage