Interbet Loyalty Programme - Terms & Conditions

1. Programme Overview

1.1. The Interbet Loyalty Programme rewards eligible customers with loyalty points on qualifying losing bets. Points can be redeemed for cash credited to the customer's Interbet account.

1.2. The programme has four tiers: Club, Silver, Gold and Platinum. The higher a customer's tier, the more points they earn per qualifying bet.

1.3. 1,000 points can be redeemed for R1.

1.4. Points expire 90 days after they are earned.

2. Eligibility

2.1. The programme is available to Interbet customers who are 18 years or older and have a valid Interbet account in good standing.

2.2. All eligible customers are automatically enrolled in the programme at Club tier.

2.3. The programme is intended for recreational customers. Interbet reserves the right to exclude customers whose betting activity indicates professional betting, arbitrage or other commercial betting practices.

2.4. Interbet reserves the right to exclude customers who do not meet the eligibility requirements or who are found to have breached these Terms and Conditions.

3. Earning Points

3.1. Points are earned automatically on settled losing bets placed on the following products:

• Tote
• Numbers
• Fixed Odds
• Live Betting

3.2. Points are calculated on the amount staked, at the earn rate of the customer's current tier (see section 5).

3.3. Winning bets do not earn points.

3.4. Only real money bets qualify. Bets placed using bonus funds, free bets or other promotional credits do not earn points.

4. Vegas Games

4.1. Vegas Games earn points at a separate rate of 5 points per R10 staked.

4.2. Tier earn rates and tier bonuses do not apply to Vegas Games. The Vegas Games rate is the same for all tiers.

5. Tiers

5.1. Customers move up a tier by earning the required number of points within a 2-month period.

5.2. The tiers are:

Tier: Club

Qualifying Points (within 2 months): Starting tier

Earn Rate (per R2 staked): 5 points

Maintenance Points: N/A

Tier: Silver

Qualifying Points (within 2 months): 30,000 - 99,999

Earn Rate (per R2 staked): 6.25 points

Maintenance Points: 15,000

Tier: Gold

Qualifying Points (within 2 months): 100,000 - 249,999

Earn Rate (per R2 staked): 7.5 points

Maintenance Points: 50,000

Tier: Platinum

Qualifying Points (within 2 months): 250,000+

Earn Rate (per R2 staked): 10 points

Maintenance Points: 125,000

5.3. Silver earns 25% more points than Club, Gold earns 50% more and Platinum earns double the Club rate.

5.4. To keep their tier, customers must earn the monthly maintenance points shown above. Customers who do not meet the maintenance requirement for their tier may be moved down to the tier that matches the points they earned.

5.5. Tier qualification and maintenance are based on points earned, not on the customer's current points balance. Redeeming points does not affect a customer's tier.

6. Redeeming Points

6.1. Points can be redeemed in blocks of 1,000 points, with each block worth R1.

6.2. Redeemed points are credited to the customer's cash balance.

6.3. Points have no cash value until redeemed and cannot be transferred, sold or exchanged for anything other than the rewards set out in these Terms and Conditions.

7. Points Expiry

7.1. Points expire 90 days after the date they are earned.

7.2. Expired points will be removed from the customer's balance and cannot be reinstated. Customers are encouraged to redeem their points regularly.

8. Excluded Bets

8.1. The following bets do not earn points:

• Bets at odds of 1/10 (1.10) or shorter
• Exchange single bets
• Winning bets
• Bets that are cancelled, voided, reversed or otherwise deemed invalid

8.2. Interbet reserves the right to correct any points awarded in error.

9. Disqualification and Abuse

9.1. Interbet reserves the right to remove a customer from the programme where there is evidence of fraudulent activity, bonus abuse, manipulation of the programme or a breach of these Terms and Conditions.

9.2. Any points earned through fraudulent, void, cancelled or otherwise invalid bets may be removed.

9.3. Where a customer is removed from the programme, any unredeemed points will be forfeited and any rewards obtained through abuse may be withheld or reclaimed.

10. General Terms

10.1. This programme is subject to Interbet's standard Terms and Conditions.

10.2. Interbet reserves the right to amend, suspend or withdraw the programme, including earn rates, tier requirements and redemption values, where reasonably necessary and subject to applicable regulatory requirements. Any changes will be published on the Interbet website.

10.3. In the event of a dispute relating to the programme, Interbet's decision will be final, subject to applicable law.

10.4. No persons under the age of 18 are permitted to gamble. Winners know when to stop. National Responsible Gambling Programme toll-free helpline: 0800 006 008.