The Clubhouse FAQ
What is a Clubhouse?
The Sportsbet.io Clubhouse is a community where all crypto customers can enjoy all the benefits we have on offer at any time on the site. Every bet you place, every spin you make and every hand you play will contribute towards your Clubhouse points. With the points you collect you will progress through the Clubhouse Tiers and unlock rewards along the way. Everytime you unlock a reward you can choose between a Free Bet, Free Spins, Free Hands or cashback, all of them tailored based on your individual gameplay.It’s all very simple here in the Clubhouse: You Play, We Pay!
NB! Clubhouse isn’t available as fiat wallet.
How does it work?
You earn Clubhouse points with each bet, spin and hand you play. The more points you collect, the higher the Tier you will be on. As you progress through the Tiers you unlock rewards. The value of every new reward you unlock increases during your journey through the Clubhouse.How are Tier points calculated?
As you make bets on sports or spins in casino in your chosen crypto currency you will collect points. In order to calculate your points earned for every bet we will convert your bet amount to USDT at a live market rate at the time of bet settlement, making all points collection fair no matter which crypto currency you play with. Since conversion rates fluctuate regularly, we will compensate by always rounding the points up to the nearest whole number when performing the points earned calculation (see below for an example of this in action).The formula for calculating the Tier points differs depending on whether you play on sports or casino, which we will detail below.
Sports:
For sports points we are using Valid Stake to calculate your points. Valid Stake depends on the actual stake (that you entered into the betslip), the odds of your bet and whether it won or lost. The general formula to calculate your points is as follows:
15 * Valid Stakee * Points Multiplier
What is a Valid Stake:
In most cases a Valid Stake is your actual stake amount that you enter into the betslip. There is one exception though, if you win a bet with odds of less than 2.00, then the Valid Stake is the net winnings from the bet (Net Winnings = Win Amount - Stake Amount).
In non-mathematical terms we will use 3 examples to cover all possible scenarios to show how the Valid Stake formula works:
Example 1, winning a bet with odds equal or over 2.00: Say the current conversion rate of 1 mBTC to EUR is 7.9547 and you are on a Bronze Tier (Points Multiplier is 1x). You bet 1 mBTC at odds of 2.00 and if your bet wins your Valid Stake is your actual stake, which in this case is 1mBTC, which converted to Eur is 7.9547.
This means you earn 120 Points with that bet.
15 * 7.9547 * 1 = 119.3205 (120 when rounded up)
Example 2, winning a bet with odds less than 2.00: Say the current conversion rate of 1 mBTC to EUR is 7.9547 and you are on a Bronze Tier (Points Multiplier is 1x). You bet 1 mBTC at odds of 1.50 and if your bet wins your Valid Stake is the actual stake minus your winnings (i.e your net winnings) which in this case is 0.50 mBTC, which converted to EUR is 4.
This means you earn 60 Points with that bet.
15 * 3.97735 * 1 = 59.66025 (60 when rounded up)
Example 3, losing a bet with any odds: Say the current conversion rate of 1 mBTC to EUR is 7.9547 and you are on a Bronze Tier (Points Multiplier is 1x). You bet 1 mBTC at odds of 2.00 and if your bet loses your Valid Stake is your actual stake, which in this case is 1 mBTC, which converted to Eur is 7.9547.
This means you earn 120 Points with that bet.
15 * 7.9547 * 1 = 119.3205 (120 when rounded up)
Example 4, half-winning a bet: If your bet is settled as half-won you will receive half of the points compared to having the bet settled as fully won.
With the stake and conversion rate as per Example 1, (winning a bet with odds equal or over 2.00), you would have received 60 points had your bet settled as half-won.
Example 5, half-losing a bet: Just as with half-winning a bet, if your bet is settled as half-lost you will receive half of the points compared to having the bet settled as fully lost.
With the stake and conversion rate as per Example 3, (losing a bet with any odds), you would have received 60 points had your bet settled as half-lost.
In strict mathematical terms, Valid Stake is calculated as:
Valid Stake = MIN(ABS(GGR Eur), Bet Eur)
If a Price Boost is applied when placing a bet, your points will be calculated based the boosted price.
Following sports categories are excluded from the Clubhouse and bets placed under these categories will not contribute towards your points: Horse Racing, Virtual Sports, Sports Guru
Casino:
Just as with calculating sports betting points, casino points are calculated with the actual stake also converted to USDT at the time of bet placement to ensure that earning points are fair no matter which cryptocurrency you play with. The formula we use to calculate your points in casino is as follows:
5 * Actual Stake in EUR * Tier Points Multiplier
With that being understood, let's use mBTC as the example for calculating your casino points.
So, if you are on Bronze Tier (Points Multiplier is 1x) and bet 1 mBTC (which converted to EUR at the time of writing is 7.9547 EUR) per spin in a casino, you will get 40 points regardless if you win or lose your bet with each spin.
5 * 7.9547 * 1 = 39.7735 Points (40 points when rounded up).
NOTE: Not all casino games will generate the Clubhouse points, please check the list of excluded games from The Clubhouse Terms and Conditions page.
What rewards can I get?
For every reward you unlock you can choose between a Free Bet, Free Spins, Free Hands or Cashback. All rewards are dynamic and personalised based on your gameplay. NOTE: The value of a Cashback is always 90% from the total value of the reward.Why were my rewards grouped?
Your rewards were grouped because you unlocked multiple rewards with one bet. For your convenience the value of these rewards were summed together and displayed as one reward.When do my points reset?
Your points will reset to 0 at the beginning of each month. You can then start claiming all the rewards again starting from Bronze Tier. You will still keep your current Tier and Points Multiplier in order to boost your progress through the Clubhouse.For example:
During January you collected 30 500 points and reached the Gold Tier. On February 1st your points will reset and you still remain in the Gold Tier with a 1.25x points multiplier. In order to stay in Gold Tier for March you need to collect at least 30 000 points in February. To see how many points is required for each Tier check What are the Clubhouse Tiers? section in FAQ.
Does my Clubhouse Tier expire?
Yes. If you don’t collect the minimum amount of points required per Tier in a month you will drop down to a previous Tier for the following month. To see how many points is required for each Tier check What are the Clubhouse Tiers? section in FAQ.For example:
On January 22nd you reach 30,000 points required for the Gold Tier. You will remain on Gold Tier and can again claim rewards available for the Tier until the end of February. On February the 1st, your Tier points will be reset to 0 and you need to collect at least 30,000 points again before the end of February in order to remain on Gold Tier in March.
Can I get points for every bet I make?
No. Only bets placed in real money will contribute towards your points.Also, the following categories are excluded from the Clubhouse and bets placed on these events will not contribute towards your points:
- Horse Racing
- Virtual Sports
- Sports Guru
Following casino games are excluded from the Clubhouse and bets placed on these games will not contribute towards your points:
- OneTouch - Russian Poker
- Genii - Aces And Faces Video Poker
- Betsoft - Max Quest: Wrath of Ra 2.0, 21 Burn Blackjack, Jacks or Better BSG, Multihand Bonus Deluxe, Pontoon, Single Deck Blackjack, Split Way Royal, Super 7 Blackjack
- NetEnt - Blackjack Touch, Blackjack Touch - Single Deck, Jacks or Better Double Up
- Microgaming - Max Damage, Atlantic City Blackjack Gold, Vegas Strip Blackjack, Vegas Strip Blackjack Gold, Premier Euro Bonus Blackjack Gold, European Blackjack Gold, European Blackjack Redeal Gold, Perfect Pairs European Blackjack Gold, Premier Euro Blackjack Gold, Premier Hi Lo 13 Euro Blackjack Gold, Premier High Streak Euro Blackjack Gold, Big 5 Blackjack Gold, Jacks or Better, Spanish 21 Blackjack Gold, Spanish Blackjack
- Realistic - Realistic Blackjack, Realistic Hi Lo Blackjack
- Yggdrasil - Dr. Fortuno Blackjack, Sonya Blackjack
- Tangente - Joker Poker Kings, Double Bonus Poker
- Asia Gaming - Fish Hunter
- Spadegaming - Fishing God, Fishing War
- Gamatron - Tokyo Kombat
What are Tier Points Multipliers?
Points Multipliers will multiply the points that you have earned in order to boost your progress through the Clubhouse.What are the Clubhouse Tiers?
Clubhouse Tiers determine the value and the type of rewards you can claim. Your rewards get more valuable with every Tier while you progress through the Clubhouse.| Tier | Points required | Rewards | Tier Points Multiplier |
|---|---|---|---|
| Steel | - | - | 1 |
| Bronze | 5 | 1 | 1 |
| Silver | 3750 | 6 | 1 |
| Gold | 30 000 | 12 | 1.25x |
| Platinum | 250 000 | 11 | 1.5x |
| Titanium | 750 000 | 12 | 2x |
| Diamond | 3 750 000 | Infinite | 3x |