General Betting Rules Clause Samples

The General Betting Rules clause establishes the foundational terms and conditions that govern all betting activities under an agreement or within a platform. It typically outlines the basic procedures for placing bets, determining outcomes, handling errors, and resolving disputes, and may specify how odds are set or adjusted. For example, it might clarify what happens if an event is postponed or if there is a technical malfunction during bet placement. The core function of this clause is to ensure consistency and fairness in the administration of bets, providing a clear framework that helps prevent misunderstandings and disputes between the parties involved.
General Betting Rules. 4.1. A bet can only be placed by a registered account holder. 4.2. A bet can only be placed over the internet. 4.3. You can only place a bet if you have a sufficient balance in your account with WinTokens. 4.4. The bet, once concluded, will be governed by the version of the User Agreement valid and available on the Website at the time of the bet being accepted. 4.5. Any payout of a winning bet is credited to your account, consisting of the stake multiplied by the odds at which the bet was placed. 4.6. WinTokens reserves the right to adjust a bet payout credited to a WinTokens account if it is determined by WinTokens in its sole discretion that such a payout has been credited due to an error. 4.7. A bet, which has been placed and accepted, cannot be amended, withdrawn, or cancelled by you. 4.8. The list of all the bets, their status and details are available to you on the Website. 4.9. When you place a bet you acknowledge that you have read and understood in full all of this User Agreement regarding the bet as stated on the Website. 4.10. WinTokens manages your account, and calculates the available funds, the pending funds, the betting funds as well as the amount of winnings. Unless proven otherwise, these amounts are considered as final and are deemed to be accurate. 4.11. You are fully responsible for the bets placed. 4.12. ▇▇▇▇▇▇▇▇ will be paid into your account after the final result is confirmed.
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General Betting Rules. The bookmaker accepts bets based on a list of betting markets with odds that reflect the perceived probability of each outcome. 1. The minimum stake on any single selection is $0.30/€0.20. 2. The maximum stake is determined by the bookmaker for each selection separately. Maximum stake limits vary by sport and event. Whenever an accumulator (system) bet comprises several legs with different stake limits, the lowest maximum stake limit shall apply. Maximum odds for a single bet is 200, for an accumulator bet is 500. 3. The maximum return is limited to €600,000 (or the equivalent sum in a foreign currency) per bet. 4. The bookmaker reserves the right to limit the maximum stake or odds on certain selections as well as to limit or raise the maximum stake or odds for certain customers without any notification or giving reasons. 5. The bookmaker reserves the right to declare correctly predicted multiple bets (bets on the same outcome or combination of outcomes though with different odds) void. Such bets shall be settled at odds of 1.00 if the total amount of these stakes exceeds the maximum stake limits set by the bookmaker. 6. A bet is considered to be accepted after its registration on the server and its online confirmation. Registered bets may not be altered or revoked. 7. Bets are only accepted in amounts not exceeding the current balance on the customer’s account. Once a bet has been registered, the stake is debited from the account. After bets have been settled, the return is credited to the customer’s account. 8. Bets are accepted before the start of the event; the relevant date, starting time, and commentary shown in the Sports section are indicative. Any bet placed after the event has started for any reason will be deemed void, except for in-play (live) bets, which are bets made while an event is taking place. Such bets shall be deemed valid until the end of the match. 9. SPORTS and LIVE bets may not be changed or deleted except for the certain cases described in paragraphs 10-14. 10. If a single bet is canceled, the relevant stake is refunded. In accumulators and system bets, when any leg or legs are canceled, such legs shall be excluded from the bet settlement. 11. If bets are settled incorrectly (e.g. the results were entered by mistake), such bets shall be recalculated. However, bets placed in the period between the erroneous settlement and recalculation shall be deemed valid. In the event the bettor’s account proves to be negative after such recalcu...
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General Betting Rules 
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