fixed odds betting definition
fixed odds betting means fixed odds betting within the meaning of the Betting Act 2021;”;
fixed odds betting means a method of betting where an Investor may bet on the result of a Betting Event or Betting Events, on which TAB has determined the Odds, and includes Multi Bets made in accordance with Rule 12.14. “Fixed Odds Bet” has a corresponding meaning.
fixed odds betting means bets made at pre-determined odds or on the spread where the return to the bettor is unaffected by any later change in odds or the spread;
More Definitions of fixed odds betting
fixed odds betting means bets made at pre-determined odds or spread whereby the
fixed odds betting means betting on fixed odds within the meaning of the Betting Act 1975 [title 28 item 27];
fixed odds betting means Bets where the size of the winnings is determined by multiplying the value of the stake by the specified odds (and which for the avoidance of doubt excludes Pool Betting and/or any form of spread betting), and where there is (a) a bilateral risk taken by the punter and the bookmaker, (b) the return is clearly stated, and (c) HM Customs & Excise is collecting 15% gross profit tax in relation to such Bets.