This guide covers how to use your rewards and boosts, including eligibility, usage rules, and expiration policies.
Important Note:
Availability of rewards and boosts may vary by jurisdiction and are subject to applicable laws
What types of rewards and boosts are there?
Rewards are distributed as a bonus, rebate, or boost depending on your jurisdiction:
Type | How it works | Example | Jurisdiction |
Bonus | Lowers the upfront cost of your trade | Use a $20 bonus on a $100 trade. You only pay $80. | All jurisdictions except the State of New York |
Rebate | Gives you cash back after settlement, but you pay the full cost upfront | Apply a $20 rebate to a $100 trade. You pay $100 today and receive $20 in cash once the trade settles. | The State of New York |
Boost | Amplifies your profits when your prediction is correct | Apply a 100% boost coupon, up to $25. When your trade settles with a correct prediction, you earn up to $25 in additional profit. | All jurisdictions |
Important Notes:
Rewards and boosts can only be applied to contracts with a calculated probability of 80% or lower
Rebates require you to hold the position until settlement. If you manually close the trade early, the rebate is forfeited.
If you partially close a rebated trade, your cashback is adjusted to match the opening value of the outstanding position at settlement
Which contracts are eligible?
You can apply a reward or boost to any contract with a calculated probability of 80% or lower. Contracts with a higher probability are not eligible.
Can I use a portion of a reward or boost and save the rest?
No, a bonus, rebate, or boost must be used in its entirety at the time of order placement. You select which one to apply during the order-entry process.
Can I apply multiple rewards or boosts to a single trade?
No, each open order is limited to one reward or boost. They cannot be stacked or combined for a single transaction.
Do rewards and boosts cover transaction fees?
Bonus and rebate: Yes, they can offset both the trade amount (principal) and any related trading fees
Boost: No, only your profits are amplified
What happens if my trade value is less than my bonus or rebate?
If the combined value of your trade and fees is less than the total value of the bonus or rebate, the excess amount is forfeited.
To maximize your benefit, apply bonuses or rebates to trades that meet or exceed the reward value.
How are partial fills handled?
If a trade is only partially filled, the bonus or rebate may not be fully applied. However, it will be marked as Used and cannot be reclaimed or applied to a future order.
When does my reward or boost expire?
Expiration dates differ by campaign and promotion. View the expiry date on each reward or boost in the Promo Center.
All rewards and boosts expire at 23:59 UTC on their designated expiration date if not otherwise specified. Ensure your orders are placed and confirmed before this cutoff.
Quick reference
Feature | Details |
Probability cap | ≤ 80% |
Usage requirement | Must be used in whole |
Order limit | One reward or boost per open order |
Coverage | Bonus: Offsets trade amount and fees Rebate: Offers cash back after settlement Boost: Amplifies profits |
Partial fills | Reward or boost is considered fully used |
Expiry date | Differs by campaign and promotion |
Cutoff time | 23:59 UTC on expiry date if not otherwise specified |
If you have any additional questions, please reach out to us at [email protected] or start a chat at chat.og.com.