Colossus Syndicate Captain Rebate: How It Works
The Colossus Syndicate Captain rebate offers a weekly cash incentive to Syndicate Captains based on the total value of Syndicates they create and fill. This rebate applies only to non-voided contributions made by the Captain and is credited as cash to their Colossus account every Monday.
To qualify, a Captain must place Syndicates that close for betting during a given week, with the total spend determining their rebate tier for the following week. Contributions to other Captains’ Syndicates and any voided funds from the Captain's Syndicates are excluded from the calculation. The rebate is applied to the total value of Syndicates placed in the subsequent week, rewarding Captains for their active participation.
For instance, if a Captain places Syndicates worth £125 during one week, they will receive a 7.5% rebate on all Syndicates they place the next week. Importantly, the rebate can never exceed the Captain’s total contribution to their Syndicates.
Rebate Tiers and Benefits
Colossus offers three rebate tiers based on weekly spending:
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Tier 1 (Bronze): Spending up to £99.99 qualifies for a 5% rebate.
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Tier 2 (Silver): Spending between £100 and £749.99 qualifies for a 7.5% rebate.
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Tier 3 (Gold): Spending over £750 qualifies for a 10% rebate.
Gold-tier Captains enjoy a unique advantage: their minimum 10% contribution to Syndicates is fully reimbursed through the 10% rebate, effectively allowing them to play for free.
Rebate Calculation and Tracking
The rebate is calculated based on the total spend in Syndicates placed between Monday 00:00:00 and Sunday 23:59:59 UTC. Once Syndicates are filled, they are automatically placed into pools and count toward the Captain’s rebate total.
The rebate is credited in cash to the Captain’s Colossus account every Monday. Captains can track their current rebate tier and projected rebate for the next week via the “My Captain Rebate” section on the Colossus website, ensuring transparency and ease of management.
Terms and Conditions
The Captain rebate promotion is subject to several terms and conditions:
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Only non-voided spend from Syndicates created and Captained by the individual will count toward the rebate. Contributions to other Captains’ Syndicates or voided funds will not qualify.
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Colossus reserves the right to amend, cancel, or refuse any promotion at its discretion. Promotions labeled as “exclusive” are available only to recipients of the specific communication unless stated otherwise.
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If a breach of the promotion’s terms or general Terms of Play is suspected, Colossus reserves the right to reclaim bonus elements, void free bets funded by the bonus, or cancel any cash-out transactions made from the bonus.
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Verification of a player’s identity and age may be required before crediting bonuses, free bets, or other offers.
By actively placing and filling Syndicates, Captains can take full advantage of the rebate program. With the process being automatic and straightforward, Captains need only focus on creating Syndicates, while Colossus handles the rest. For active players, the rebate system offers a valuable opportunity to maximize rewards while enjoying Syndicate play.