
|
RULES & REGULATIONS – SPORTS BETTING
All bets must be made and accepted before the advertised start time of the game/event wagered. Any bet placed or received after the official start time of the game/event wagered will be void. Sporting events postponed by more than 12 hours and/or rescheduled will constitute "No Action." All money will be credited accordingly. Games/events suspended, under protest(s) and overturned decisions are not recognized for betting purposes. The sports wagering rules are based upon the rules and regulations that govern the sports betting in Nevada (Las Vegas). These rules, regulations, payoffs, wager types and others apply where not covered herein. All sporting events must be played on the date, time, and site scheduled unless otherwise specified. Specific Betting Rules By Sport Football - NFL & NCAA – 55 minutes of play needed for wagering purposes Basketball - NBA – 43 minutes of play needed for wagering purposes - NCAA – 35 minutes of play needed for wagering purposes Hockey - NHL – 55 minutes of play needed for wagering purposes
Baseball – MLB - Baseball wagers are accepted as "Listed." - For betting purposes, each team's starting pitcher is defined as the pitcher that throws the first pitch. - In the event of a pitching change prior to the game, all wagers on a team are considered "No Action." All wagers will be refunded to the customers account - Games are official after 5 innings of play or 4.5 innings if the home team is leading. - If a game is subsequently called or suspended, the winner is determined by the score after the last full inning unless the home team ties the score or takes the lead in the bottom half of the inning. Then the winner will be determined by the score at the time the game is called. - When wagering on total runs or run lines, the game must go the regulation 9 innings or 8.5 innings if the home team is leading, otherwise it will constitute a "No Action" wager, and all money will be credited accordingly. Wagers on total runs will be "No Action" if a pitcher change occurs prior to both listed pitchers throwing at least one pitch. Soccer (Football)
The result of the game is decided after 90 minutes of play including injury time. Overtime, the Golden Goal rule, and penalty kicks are not taken into consideration for soccer bets unless otherwise stipulated. Golf - Should a tournament be shortened due to weather or otherwise affected the official result will be used when settling, regardless of the number or rounds played. However, should there be no further play after a bet is struck that bet will be void. - For matchup betting all of the players listed in the matchup bet offer must tee off for your bet to have action. The player with the most completed holes wins. If the players complete the same number of holes, then the player with the lowest score wins. For betting purposes, if the players are still tied then the winner will be deemed the player who scored the lowest score in the last round played and so on, until a winner is found. If both golfers in a match-up are in a playoff a) winner of play-off wins the match-up and b) all other playoff participants tie each other Motorsport - Races must be run within one week of the scheduled date for your bet to have action. - In the event that the driver or team that a customer bets upon does not start the race, the bet is considered actioned (no refunds on the bet). - The official winner at the conclusion of the race will be the winner for betting purposes NASCAR - There are no refunds for NASCAR driver match up betting, all of the drivers listed in the match up bet must start the race for your bet to have action. Cricket - If a match is shortened due to weather or otherwise, bets will be governed by the official competition rules. - If a match results in a tie, bets will be "No Action." Rugby If any match is abandoned, or postponed (i.e. not played on the scheduled day) all bets will be void, except bets on the first try scorer if a try has been scored prior to abandonment. Where a venue is changed, bets will stand unless the game is to be played at the original away team's ground in which case all bets will be void. Bets taken on 'first try scorer' will be void if the player does not take part in the game or comes on after a try has already been scored.
Tennis In the event that a match has started and has not completed, the player progressing to the next round will be deemed the winner. In the event of any of the following circumstances taking place all bets will stand: (i) a change of playing surface, (ii) a change of venue or (iii) a change from indoor court to outdoor court or vice versa. Boxing A full round is only considered for wagering purposes when the bell sounds signifying the end of said round. The official stopping of a round before the sounding of the bell does not constitute a full round. "If the fight ends in a 12 round draw, all bets lose. If one or both fighters fail to answer the bell for a round, the fight is judged to have finished in the previous round. If the scheduled number of rounds is changed, all bets on pick the round are void." Horse Racing All bets are action regardless of injuries, scratches, and/or in the event a horse does not start or complete the designated race. Other Sports: - All other events that involve a scheduled length of play or time limit must play to their conclusion or have five minutes or less of the scheduled playing time remaining when the contest concludes to be considered official for wagering purposes. Wager Definitions and Rules Point Spread Wagers (Straight Wagers) The team wagered on must win by the point spread given at the time of the wager. The odds are $1.10 to win $1.00 (-110) unless otherwise indicated. Games that tie are considered "no action" and money is re-deposited back into your account. Due to changing events, the point spread may fluctuate at any time. Totals Parlays (also known as Multiples) No parlay bets will be accepted where individual "selections" are connected. For example, one leg of a parlay is for Sampras to beat Henman in the 4th round of Wimbledon and the second or additional part of the parlay is for Sampras to win the overall Wimbledon title. The match forms part of the overall tournament and is therefore 'connected'. In the same way, you cannot parlay the over of the first half of a football game with the over of the total game, because the two are 'connected' Example If only 1 team loses then the entire parlay loses. Parlay Payouts
Futures and Propositions Proposition plays are wagers based on the outcome of events. Odds change daily and all wagers are considered action for the odds quoted at the time of the wager. In the event that the selection (person, team, or other) a customer bets upon does not participate in the game/event due to injury, etc, there will be no refunds. Dead Heat Rule In the event of a dead heat (a tie), stakes will be divided by the number of selections dead heating with the divided stake settled at full odds; remaining stakes are lost. If the tie was a betting option, then the dead heat rule does not apply. The Dead Heat Rule only applies to Future Wagers. For example, if there is a 3 way tie for the Top Scorer in a Football game. Then your winnings are calculated by taking your stake, dividing it by 3, and multiplying that amount by the odds on your betting ticket.
In North America, a team that is +140 would be a 40 point underdog. This means that for every $100 wagered the bettor would win $140. For this to be true in a European style of betting, the odds would be 2.40-- meaning that for $100 wagered the bettor would win $140. The 2.40 represents the entire amount wagered and won by the bettor.
|