sportsb8

Sportsbook Rules

General settlement and cancellation

Change of venue

  • For any team sport: if the scheduled venue is changed after the market is loaded, all bets will be void only if the new venue is a home ground of the original away team.

  • For all categories or markets other than team sports: if the scheduled venue is changed after the market is loaded, all bets will stand.

  • If there is a change in the type of scheduled surface after the market has been loaded, all bets will stand.

Dead heat

For each bet matched on a relevant winning selection, the stake money is first reduced in proportion by multiplying it by the sum of the number of winners, divided by the number of actual winners (i.e. stake multiplied by (number of winners expected/number of actual winners)). The winnings are then paid to the successful backers on this 'reduced stake' (reduced stake multiplied by traded price).

For example, assume there is a dead heat for first place between three horses. 'Client A' has backed one of the winners for a stake of 300 at the traded price of 4.0. When the event is settled, the stake (300) is multiplied by 1/3 (i.e. the number of expected winners (1) divided by the number of actual winners (3)) to calculate the reduced stake (100). The backer then receives the traded price matched (4.0) multiplied by the reduced stake (4 x 100 = 400). In this example, Client A's net winnings are 100 (400 payout minus the original 300 stake).

Suspected Irregularities

When a game or sporting event has or is suspected of having any irregularities the Operator may withhold payments until a full investigation by the relevant governing body/independent authority.

Human error / System problems

If a bet is accepted at a price that is materially different from those available in the general market at the time the bet was made or clearly incorrect given the chance of the event occurring then the Operator will void all these bets.

Event dates and start times displayed on our website are an indication only and are not guaranteed to be correct.

Multiples

A multiple bet consists of a number of different chosen selections in any individual event market.

The Operator reserves the right not to accept certain multiple bets.

If a multiple contains a selection that is being voided the odds for this selection will be set to 1, i.e. if the multiple contains the selections over 2.5 goals in game A (odds=2)* home in game B (odds=1.5) and game B is being voided the odds for this multiple will be 2 * 1 = 2.

If a multiple contains a selection that is being settled "Half Win" the total odds are calculated as: one Win and one Half Win, odds(selection1) * (odds (selection2)/2 + 1/2).

If a multiple contains a selection that is being settled "Half Lose" the total odds are calculated as: i.e. one Win and one Half Lose, odds(selection1) * 1/2.

Outrights / Ante Post

When placing "Outright" bets no stakes will be refunded on participants that are not participating or withdrawing from an event. In case of more winners the dead heat rule will be applied.

If the event or tournament is not completed within 24 hours after the scheduled completion date all bets will be void.

Postponed / Abandoned matches

If a match does not start on the scheduled starting date or starts but is later abandoned and is not completed (resumed) by the end of the next full day, all bets will be void except for any bets placed on markets which have been unconditionally determined, which will stand.

Some markets have different rules and these are listed under each sport/market.

Resettlements

The Operator reserves the right to reverse the settlement of a market if a market is settled in error (i.e. human or technical error).

Cricket

The Operator reserves the right to reverse the settlement of a market if a market is settled in error (i.e. human or technical error).

If a match venue is changed then bets already placed will stand providing the home team is still designated as such. If the home and away team for a listed match are reversed then bets placed based on the original listing will be void.

If a match is abandoned due to outside interference, bets on the outcome for the total of the game will be void, if no winner is declared from the official site all bets on the winner of the match will be void.

If a match is affected by external factors (such as bad weather), all bets will be settled based on the official competition rule (this includes matches affected by a mathematical calculation such as the Duckworth-Lewis method (DL) or the Jayadevan system (VJD)).

Where no price is quoted for the tie and the official competition rules do not determine a winner then all wagers will be voided. In competitions where a bowl out or super over determines a winner, then bets will be settled on the official result.

For top batsman/bowler betting:

Wagers placed on any player not in the starting 11 will be deemed void.

Players who are in the starting 11 will be deemed to have played even if they have not batted or bowled.

Dead heat rules apply in the event of a tie.

For most sixes hit in the match:

Match must reach a natural conclusion for bets to stand. Dead heat rules apply in the event of a tie.