1Win calculates your loss and segments your bets to process this cashback automatically. This system returns up to 30% of casino and slot losses. It accounts for your activity for each week and automatically adds this calculated amount at the beginning of the following week. Each Monday, the system does this automatically. For more details, please visit https://1win-bet.md/.
What are the Applicable Rates?
Rates are determined by your losses and your ranks in the operator’s loyalty program.
Advancement through the contact’s tiers is as follows: There are notable tiers between each of the brackets. Each specific tier has its own set of benefits, and the higher you progress through the tiers, the greater the benefits received.
- Lowest tier delivers 1 percent on small losses;
- Mid-range brackets offer 5 percent returns;
- Higher mid-tier steps up to 10 percent;
- Top bracket reaches 30 percent on substantial losses;
- Regular users can benefit from the system, but it’s the VIP members who truly do. VIP Membership elevates the rates through all brackets.
Net Loss Calculation Method
A set of arithmetic rules governs the amount returned each week. The first important rule is accurate tracking. Fair returns only occur when the player’s casino activity is tracked correctly. The platform uses the same formulas for every player account. Inaccurate tracking may result in a dispute. Players have the right to verify the final amount credited to their account on Monday morning.
Net loss = Total amount of bets – Total amount won for all rounds that have been fully completed.
- Only bets that have been fully completed are counted for the total amount for each week.
- Bets that have been canceled are not counted for the weekly total.
- Losses that are incurred using bonus funds are not counted in the formula.
- Calculations are conducted for a given weekly period that closes at midnight Sunday. Organizing data from casino activity in this way is essential. Each fully completed bet is counted to determine the weekly total. Bets that are not fully completed or have been canceled are not counted. Losses that are incurred using bonus funds are not counted for the weekly total. The sum of the weekly total should account for all fully completed bets.
Which Products Qualify for Returns?
Whether a user will receive returns depends on the placement of user bets. Each platform section may have their own return policies. Some users may place bets or make transactions first and then look to the return policy. Policies are in place and should prevent confusion and discrepancies.
- Most of the returns are from the slot category
- Cashback returns from the live casino category are rare
- Poker rake generates a different type of rakeback
- Cashback returns are rare for sports bets
- Most of the returns are from individual promos
Timing Rules for Accrual
Accrual is on a weekly basis. The process outlines each step that is conducted over a seven-day period for the customer. Each step, ranging from tracking user activity to the final crediting exercise, is done in an orderly fashion.
- Tracking window covers 7 days
- Casino cashback tracks each week
- Rakeback for poker resets each week
- Payouts happen every Monday
- Credit back is automatic after cuts
Loss Thresholds
The set thresholds reflect the maximum loss amounts. The platform provides payouts when a player’s weekly net loss reaches that threshold. The threshold must be reached before the player receives a payout.
- Cashback is released after a loss threshold is hit.
- An example gives a 65 MDL loss threshold with additional brackets starting at 6500 MDL. The top loss threshold is 18,000 MDL and some regions have a maximum payout limit.
Weekly Computation
The system will select all the bets placed by the player in the defined casino sections.
- It will sum all of the eligible bets placed during the week.
- The system will determine the total eligible wins and subtract it from the total eligible bets.
- The result is a net loss.
- Each account is assigned a bracket based on the results of the weekly computation and the thresholds.
- The final amount will be credited to the account balance without the necessity of an additional wager.
Status
The faster users progress through the loyalty program, the better the weekly payouts become.
- The loyalty program considers each user’s total bet volume.
- The program is tier based from Bronze to Platinum, with the quicker advancement coming with higher each bet.
- Better cashback options come with the higher tiers.
- Each tier is created with the set balance from the betting activity.
Payout Method
Once the weekly computations have been done each Monday morning, the payouts will be processed.
- The system recognizes the routine and has automated the payout, showing that no additional action is required.
- Monetary return is represented as the actual amount on a balance;
- Some rewards are given as additional balance;
- Currency for withdrawal is based on the user preference;
- The statement includes the date credit was issued;
- Any unclear movement can be explained by Support.
How Bonuses Work Together
1 Win users can combine cashback offers, deposit match bonuses, express accumulator rewards, and poker rakeback. Each offer has rules for loss tracking to prevent system abuse through double counting.
- The welcome package covers the first four deposit bonuses;
- Deposited funds are held and tracked separately;
- Cashback may be calculated without considering derived bonus losses;
- The express bonus is applicable to the overall winnings, and not the cashback balance;
- Poker rakeback is applicable to each week of play.
Wagering Requirements and Expiration Policies
Returned money has specific rules around its return. Each user is encouraged to become familiar with each offer prior to acceptance. Absence of familiarity may result in confusion or refusal of funds to be withdrawn.
- Cashback without wagering obligations arrives ready to be withdrawn;
- In the case of bonuses that are multiplier based, the bonus can only be withdrawn after a turnover that meets a requirement of 3 to 10 times the amount of the bonus;
- Funds credited to a bonus wallet will expire after a period of 7 to 30 days;
- Loyalty points will no longer be available to the user after a period of 90 days of account inactivity;
- The actual rollover requirement for each offer can be located on the terms page. Each offer has a policy that is also stated in each offer. The users of the system are given access to cashback that is zero risk; however, for offers that are multiplier based, users must meet the turnover requirements. Funds credited to the bonus wallet will be held for a period that is 7 days, but can be as long as 30 days, based on the specific offer. The system will remove loyalty rewards after an account remains inactive for 90 days.
Understanding the System
The system gives regular bettors a mechanism to manage their risk. The safety net structure gives back a portion of players’ weekly losses. The safety net structure is a program that runs week to week. It is enough to provide players with a safety net; it is based on the actual weekly net loss, and it is predictable and tangible.
The system provides players with a safety net to manage their risk by giving players a refund of their weekly net loss. Players can see how much they lose each week and learn which losses qualify for the refund. Players can also learn when they are likely to receive a refund, which adds to the predictability of the process. Players can be more confident in their decision-making.
The brackets are determined by the amount the player is willing to lose, the product the player is betting on, and the loyalty program. Casino customers are more at risk than sports customers, and slot customers experience more risk than casino customers, sports customers, and slot customers. Also, the loyalty program provides greater benefit based on the tier. Players at the highest tier receive the greatest safety net.
Large-scale betting gives the largest safety net, which is the maximum amount, set at 30% of weekly net loss. High volume betting in slots or the casino gives the largest safety net.