Every Horseplayer Earns Rewards at Iron Bets
At Iron Bets, we know horseplayers are looking for value and to improve their bottom line, so we created Iron Rewards to offer all horseplayers cash back regardless of their bankroll or bet size.
Horseplayers will earn points for virtually every type of wager on thoroughbreds, quarterhorses, harness and greyhounds. The points earned can be cashed in instantly. No waiting to hit a threshold. You earned the money, get it when you want it!
Points will increase as you wager more. We have different levels which are based on a month of wager activity. Once your wager activity exceeds the next threshold level, your account is automatically upgraded to the next level the next day.
Remember these are averages based on a horseplayer wagering at a variety of tracks and bet types. For instance, a horseplayer making a trifecta wager where the track takeout is 25% will receive a larger points reward than the same wager amount on a Pick 5 wager where the takeout is 14%.
In general Iron Rewards are higher on Exacta, Trifecta, Superfecta, Pick 3 and Pick 4 wagers and lower on Win, Place, Show, Pick 5 and promotional type wagers. Major tracks tend to have lower takeouts and higher host fees, leading to smaller rewards.
Bronze Wager Up to $2,000 per month 0.25%-1% - WPS, 1%-1.5% - Exotics
Silver Wager $2,001 to $5,000 per month 0.50%-1.5% - WPS, 1%-2% - Exotics
Gold Wager $5,001 to $7,500 per month 1.5%- 2% - WPS, 2%-3% - Exotics
Platinum Wager $7,501 to $15,000 Per Month, 2%-3% - WPS, 2.5%-4% - Exotics
VIP Wager $15,001+ Per Month, TBD - WPS, TBD - Exotics
*These averages are based on horseplayers that play a variety of racetracks. Some horseplayers will see lower rewards and others will receive higher based on actual tracks played and bet types. Horseplayers living in states with resident deductions or source market fees will see lower rewards. Due to state deductions, there are reduced or no wager rewards on some wagers in California, Iowa, Minnesota, Montana, West Virginia, Kentucky, Florida and Oregon.
Iron Rewards Points Structure
It’s easy and fast to accumulate points, which you can check on the app or on the web under the Iron Rewards tab. If you are at the bronze level $100 in win bets would garner you 400 points and $100 in exacta
bets would earn you another 600. That 1000 points can be instantly cashed in.
A Gold level member wagering over $5,000 in a month could earn $100 or more in Iron Rewards in less than a month!
5,000 points = $12.50
10,000 points = $25.00
25,000 points = $62.50
50,000 points = $125.00
100,000 points = $250.00
If you have questions about Iron Rewards reach out to our customer service team at ask@ironbetsracing.com