TERMS AND CONDITIONS
March Madness: 20% Cashback
The March Madness: 20% Cashback is available for all bets made on the NCAA (Basketball) from 03.19.2024, 00:01 EST, until 04.08.2024, 23:59 EST.
The March Madness: 20% Cashback comes with 7 (seven) rounds. You will receive 20% (twenty percent) of all net losses from your bets on each round of the NCAA as a Free Bet.
The following Rounds are available:
·         "First Four" from 03.19.2024, 00:01 EST until 03.20.2024, 23:59 EST.
·         "First Round" from 03.21.2024, 00:01 EST until 03.22.2024, 23:59 EST.
·         "Second Round" from 03.23.2024, 00:01 EST until 03.24.2024, 23:59 EST.
·         "Sweet 16" from 03.28.2024, 00:01 EST until 03.29.2024, 23:59 EST.
·         "Elite 8" from 03.30.2024, 00:01 EST until 03.31.2024, 23:59 EST.
·         "Final Four" from 04.06.2024, 00:01 EST until 04.06.2024, 23:59 EST.
·         "NCAA Championship Final" from 04.08.2024, 00:01 EST until 04.08.2024, 23:59 EST.
Your Cashback is calculated using the following formula: settled bets minus winning bets equals your total net losses. The net losses are then multiplied by 0.2 (zero point two). Free bets and cashed-out bets are not included in the cashback calculation.
You will not receive any cashback if you do not lose any funds. There is a maximum cashback of 1,000 (one thousand) USD you can receive as a Free Bet. You automatically participate in the March Madness: 20% Cashback. There are no minimum stakes or minimum odds. All bets you cash out early, and free bets do not count towards the cashback.
The amount you receive is rounded down to the nearest whole number. For example, a cashback of 17.2 (seventeen points two) will be paid out as 17 (seventeen) USD. You acknowledge the minimum cashback is 1 (one) USD.
You will receive the cashback within 3 (three) full business days after each round of the March Madness: 20% Cashback concludes and be informed about it through a notification from Roobet.
Our general bonus and promotion policy can be found here.