RULES & REGULATIONS - SPORTS BETTING
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 purposesBasketball - NBA - 43 minutes of play needed for wagering purposesHockey - NHL - 55 minutes of play needed for wagering purposesBaseball - MLBSoccer (Football) The result of the game is decided after 90 minutes of play, plus penalty kicks (penalty time). Extra time/Overtime/Golden Goal is 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.Motorsport - Races must be run within one week of the scheduled date for your bet to have action.NASCAR - There are no refunds for NASCAR driver match up betting, all of the drivers listed in the match up bet offer 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.Rugby If any match is abandoned, or postponed (i.e. not played on the scheduled day) all bets will be no actioned, except bets on the first try scorer if a try has been scored prior to abandonment.Tennis In the event that a match has started but was not completed, the player progressing to the next round will be deemed the winner.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.Horse Racing All lines are actioned 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 Straight Wagers The team wagered on must win by the point spread given at the time of the wager. For straight wagers, unless otherwise indicated, the odds are $1.10 to win $1.00. 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. Example Player wagers $110.00 on Miami -7 to beat Buffalo +7 If Miami wins by more than 7 points the player wins $100.00 so the total payout including the initial wager would be $210.00. If Miami only wins by 7 points then the game is considered "no action" and all money is returned to the bettor. If the Miami wins by less than 7 points the wagers is lost. Totals The combined score of both teams for games wagered on, all totals lay $1.10 to win $1.00 unless it is otherwise indicated. Example The player lays $220.00 on the OVER in the Miami/Buffalo game. The total for the game is 45. If both teams' combined score is more than 45 than the player would win $200.00. If the combined score is equal 45 the game is considered "no action" and the money is returned. If the combined score is less than 45 then the wager is lost. Money Line Wagers The team wagered on just has to win the game. The amount you lay or take for each game may vary. The money line that is read to at the time of your wager is the money line you keep regardless of any line movement. Example The player wagers on Miami -160 at Buffalo +260. If Miami wins then the player would lay $160.00 to win $100.00. If the player bet on Buffalo then the player would lay $100.00 to win $260.00 Halftime All wagers must go the full half for action (first half and second half). All halftime wagers are calculated the same as a straight wager unless otherwise indicated. There are no teaser plays or buying of points on halftimes. On half time wagers, overtime periods are included as part of the 2nd half. Parlays (also known as Multiples) This is a bet of 2 or more teams (selections) or propositions in no particular order. All teams wagered on in a parlay must win. If there is a tie, it reverts down to the next lowest number for payoff. 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 Player wants to make a 5 team parlay: Miami -7 New York +3 Seattle -4 Denver -10 San Francisco -8 If all these games win then the player would have won at 20-1 odds. If only 1 team loses then the entire parlay loses. Parlay Payouts
Note: * There is a $1,000 maximum bet on parlays.
Teasers
A Teaser is a selection of two or more teams in one wager in which the point spread is adjusted in your favor. The number of teams selected and the number of points selected determines the payout odds. A "Tie" or "No Action" and a "Win" on a two team teaser shall constitute a "No Action" wager. A "Tie" or a "No Action" and a "Loss" on a two team teaser shall constitute a "Losing" wager. Ties on a three or more team teaser shall revert to the next lowest betting bracket. (Example: A tie on a three team becomes a two team teaser.)
Teaser Payoffs/Odds for Basketball and Football
Basketball- points
3 Team 10 point Football - 10/12
Futures and Propositions
Future wagers are based on the outcome of events that happen each year. All wagers are final. There will be no payouts until the conclusion of the specified season.
Proposition plays are wagers based on the outcome of events. Odds change daily and all wagers are considered action at 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.
European Prices (Odds)
European prices are different from the North American style of odds. In North America, money lines are used to determine the line.
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. |