WakaBet Betting Rules

Transcription

1 WakaBet Betting Rules This brochure provides an overview of WakaBet Live Odds Markets and detailed information about WakaBet sports betting rules. It contains both general and specific rules to settlement and cancellations for different sports. Furthermore, you will find important information about the side bets offered for these sports. GENERAL SETTLEMENT AND CANCELLATION RULES If the outcome of a market cannot be verified officially, we reserve the right to delay the settlement until official confirmation. If markets were offered when the outcome was already known, we reserve the right to void any betting. In the case of any obviously incorrectly displayed or calculated prices, we reserve the right to void betting. This includes a deviation of more than 100% in the pay-out compared to the market average. If coverage has to be abandoned and the match finishes regularly, all markets will be settled according to the final result. If the outcome of a market cannot be verified officially, we reserve the right to void them. In the case of an incorrect settlement of markets, we reserve the right to correct them anytime. If a match does not adhere to the generally accepted format (e.g. unusual period length, counting procedure, format of a match etc.); we reserve the right to void any market. If the rules or format of a match differ from our accepted norm, we reserve the right to void any market. If a match is not completed or not played (e.g. through disqualification, interruption, withdrawal, changes in draws etc.), all undecided markets are considered void. Soccer

2 Important All markets (except halftime, first half markets, overtime and penalty shoot out) are considered for regular time only. If a match is interrupted and continued within 48h after initial kick-off, all open bets will be settled with the final result. Otherwise all undecided bets are considered void. Regular 90 Minutes: Markets are based on the result at the end of a scheduled 90 minutes play unless otherwise stated. This includes any added injury or stoppage time but does not include extratime, time allocated for a penalty shootout or golden goal. Settlement and cancellation rules If the market remains open when the following events have already taken place: goals, red or yellow-red cards and penalties, we reserve the right to void betting. If the market was opened with a missing or incorrect red card, we reserve the right to void betting. If odds were offered with an incorrect match time (more than 5 minutes), we reserve the right to void betting. If a wrong score is entered, all markets will be cancelled for the time when the incorrect score was displayed. If a match is interrupted or postponed and is not continued within 48h after initial kick-off date betting will be void. If the team names or category are displayed incorrectly, we reserve the right to void betting. Booking markets

3 Yellow card counts as 1 card and red or yellow-red card as 2. The 2nd yellow for one player which leads to a yellow red card is not considered. As a consequence one player cannot cause more than 3 cards. Settlement will be made according to all available evidence of cards shown during the regular 90 minutes play. Cards shown after the match are not considered. Cards for non-players (already substituted players, managers, players on bench) are not considered. Booking points markets Yellow card counts as 10 points and red or yellow red cards as 25. The 2nd yellow for one player which leads to a yellow red card is not considered. As a consequence one player cannot cause more than 35 booking points. Settlement will be made according to all available evidence for cards shown during the regular 90 minutes play. Cards shown after the match are not considered. Cards for non-players (already substituted players, managers, players on bench)are not considered. Corner Markets Corners awarded but not taken are not considered. Next Goal Scorer Own goals will not be considered for Next Goal Scorer settlement purposes and are ignored All players who took part in the match since kick off or previous goal are considered as runners

4 All players who are currently taking part are listed. If for any reason an unlisted player scores a goal all bets on listed players stand Market will be settled based on TV insert and statistics provided by Press Association unless there is clear evidence that these statistics are not correct. Anytime Goal Scorer Own goals will not be considered for Anytime Goal scorer settlement purposes and are ignored All players who took part in the match are considered as runners. If for any reason an unlisted player scores a goal all bets on listed players stand If a match hasn t finished within 48h after initial kick off all bets are considered void even on players who already scored Market will be settled based on TV insert and statistics provided by Press Association unless there is clear evidence that these statistics are not correct. Tennis Important In case of a retirement and walk over of any player all undecided bets are considered void. In case of any delay (rain, darkness ) all markets remain unsettled and the trading will be continued as soon as the match continues. If penalty points are awarded by the umpire, all bets on that game will stand. In case of a match is finished before certain points/games were finished, all affected point/game related markets are considered void.

5 Settlement and cancellation rules If markets remain open with an incorrect score which has a significant impact on the prices, we reserve the right to void betting. If the players/teams are displayed incorrectly, we reserve the right to void betting. If a player retires all undecided markets are considered void. If a match is decided by a Match tie-break then it will be considered to be the 3rd set Every tie-break or Match tie-break counts as 1 game Basketball Important Markets do not consider overtime unless otherwise stated. Settlement and cancellation rules If a match is interrupted or postponed and is not continued within 48h after initial kick-off date betting will be void. If odds were offered with an incorrect match time (more than 2 minutes), we reserve the right to void betting. If markets remain open with an incorrect score which has a significant impact on the prices, we reserve the right to void betting. WakaBet General Rules

6 By purchasing a ticket, the customer is deemed to have read and understood the full rules and agreed to abide by the Betting Rules. General Game Rules Minimum stake shall be 50 for all bets that WakaBet has to offer, unless otherwise is indicated on a particular branch. Maximum pay-outs to a single punter in a day shall be limited to 10,000,000 (ten million naira) includes bonuses on any given winning ticket. For winnings above 5,000,000 (five million naira), Wakabet reserves the right to pay the winner in installments over a 4 week period. When a bet is played and accepted, a customer/ client is liable to pay the amount which is equal to the stake before the event(s) selected otherwise it shall be void. The company reserves the right to accept, not to accept or partially accept proposed bets which a client has requested The client/ customer is obliged to check that the information issued is correct before definitively confirming the bet. Time of accepting football bets. Bets will be accepted up to the advertised close of sale time indicated for the particular match. In some cases at the sole discretion of WakaBet. Occasionally, tournaments, friendlies, or other matches may have time frames different than two 45 minute halves. WakaBet doing the best efforts to announce this special playing time before the start of the game. If different time frame not announced... The responsibility to check is on the customer (can be checked on the press association (PA)) and the bets on the game consider in action and shall not be void. If, in a game scheduled for two halves of 45 minutes each, a referee ends the game with an official result with what appears to be a time different than 2 halves of 45 minutes each, bets will have action. If a referee declares a game abandoned for any reason, bets will be void and stakes returned. Live Betting

7 If a match is suspended before full time is reached, and not completed in 48 hours, (local time of the match site) Live Betting bets on the outcome of the match are considered void and all stakes shall be returned. The exception to this is bets that got decision. for example: the 1st half or next goal. If the 1st half is completed, and the game is abandoned during the 2nd half before full time is reached, bets relating to only the 1st half will have action. WakaBet reserves the right to cancel any bet made on an obvious "bad" line even after the match has ended. WakaBet does not guarantee that odds will be offered at any specific time during the match. When a team name is followed by (OT), (OT only) or (ET) this is for the 30 minute extra time period and any time the referee adds to compensate for injuries and other stoppages. It does not include penalty shootouts. When a team name if followed by "(Pen)" or "(Penalties)" this is for penalty shootouts only. *bed line - more than 50% difference for the payout from the average odd of 3 other betting companies (for example: bet365, pinnacle and bwin). Asian Handicap Live Bets or grading purposes, when placing a Live Soccer Asian Handicap bet, the handicap line and odds displayed are for the match from the point the bet is accepted. Goals scored previously (ie. current score) are ignored for a Live Asian Handicap bet. Unless otherwise specified, all Live Soccer Asian Handicap bets will be settled based on the goals scored in the remainder of the match during Regulation Time. All goals scored before the bet is accepted are not included. Bets Accepted After Actual Kick Off. Bets made on full time result after the actual kick off will be considered illegal even if they were accepted by the terminal (agent) and a ticket has been printed. A ticket that includes an illegal bet will be considered void.

8 Bets accepted on fixtures played earlier than scheduled if the kick-off time of a certain fixture has been officially advanced (played earlier than scheduled), the fixture will be considered void and will pay as a winning bet with the odd of Results In the case of football and other sports, bets are settled on the official results published by the press association (PA) immediately after the match/event is finished, if the results not immediately available from the PA the result published by the official governing body immediately the match event is finished by, will be used for setting purposes. In case PA do not publish scores immediately the score will be taken from sport sites: williamhill.com, Futbol24.com or Flashscore.com (if have different scores will consider 2 out of the 3 sites as the correct score) WakaBet makes every effort to ensure that we do not have discrepancies between the fixture data in our official publications and the data printed on the ticket, and between the data printed on the ticket and that recorded in the central system. However if as a result of human error or system problem a bet is accepted with the data on the ticket different than the data recorded in the system, the data in the central system will prevail. By purchasing a ticket the player is deemed to have agreed to accept the data in the central system as core and honest. Cancelled Tickets A ticket that s marked in the system as cancelled even if the cancellation is a result of a human error a system problem will not be entitled to any payment. In some cases at the sole discretion of WakaBet, the company may decide to refund the player the amount paid for the cancelled tickets. Tickets Not Recorded In The System Any ticket not recorded in the central system as a result of human error, a system problem or any other problem will be considered void and the bearer of the ticket will be entitled to a refund of the amount paid for the ticket. Tickets not recorded in the system after kick-off. Any ticket that is not recorded in the central system after kick-off of the earliest fixture printed on the ticket as a result of a human error a system problem or any other problem will be considered void and the bearer of the ticket will be entitled to be refunded the amount paid for the ticket.

9 Tickets Recorded On The Central System After The End Of The Event. Any ticket that is recorded after the end of the game will be an illegal bet and will be void. Damaged Tickets The original ticket is the only valid proof of ownership of a certain bet. No copies of a ticket can be submitted for payment. A Player must keep his ticket in a good condition. Tickets that have been manipulated or worn-out, particularly, but not only, the ticket ID and barcode, will not be accepted as valid proof of ownership and will not be paid. Payment Of Winning Tickets. Winning tickets will normally be paid after the end of the latest fixture on the ticket. In some rare cases WakaBet, may postpone the payment, at its sole discretion, in such cases the company issue a notice to the public at its points of payments. Validity Of Tickets A ticket is valid 60 days from the day it was purchased (the sale date printed on the ticket). In the event of dispute, the company does not consider valid any printed matter or receipts which do not have their counterpart in the records at the company s disposal. The company reserves the right to make changes to these terms and conditions. Any changes will be published on the notice board. WakaBet Football Fair Rule. This rule will always apply in cases where WakaBet fails to find a definitive result to any given market and WakaBet will always pay as a winning bet with the odd of Errors

10 WakaBet makes every effort to ensure that we do not make errors accepting bets. However, if as a result of an error, a bet is accepted at a price (which includes the odds, handicap provision, and other terms and conditions or details of the bet) to establish the correct price, WakaBet will consider prices available in the general market at the time the bet was made, including the prices offered by other betting houses. In this case the best market price will be taken. For example: If the odd is recorded as 308 when on offer in the general market is 3.08 all winning bets will be settled with a general market price. Please note that when such instances occur, WakaBet will always notify customers intending to and have placed bets on the error in question. *a notice will appear in the bottom of the scores screen in the branches. Fraud WakaBet will seek criminal and contractual sanction against any customer and agent involved in fraud, dishonesty, or criminal acts. WakaBet will withhold payment to any customer where any of these are suspected. The customer shall indemnify and shall be liable to WakaBet, on demand, all costs, charges or losses sustained incurred by WakaBet (including any direct, indirect or consequential losses, loss of profit and loss of reputation) arising directly or indirectly from the customer's fraud., dishonesty or criminal act. WakaBet reserves the right to withhold payment during the period of investigation. Voids If a selection in a single bet is made void the stake will be refunded. Void selections in multiple accumulator bets will be as non- runners (consider as a winning bet with the odd of 1.00) and the stake will run onto the remaining selections of the bet. Kick-off Time Soccer kick-off dates and times displayed on our website and fixtures are an indication only and are not guaranteed to be correct. If a match does not start as scheduled, and does not

11 start in 48 hours from the original time published (local time of the match site) then wagers on the match will have no action and be refunded. *if ticket that was redeemed (paid ticket) to customer includes game that was postponed and played before 48 hours (not matter if won or lost), customer should not be able to claim the bet on the particular postponed game that was paid for already. Customer s Role Please always check that whatever is printed on your receipt is exactly what u wanted. Always make sure you get a receipt for your bet on payment. Please always remember to contact our staff members in cases where you feel WakaBet made a mistake(s) and settle before kickoff of the first fixture on your coupon. Cancellation Rules *Bets placed cannot be cancelled or altered after 10 minutes and cannot be cancelled at all on live bets. Applicability of these rules: These rules shall apply to all sports and games offered by Camlake limited. Deposits and Withdraws If customers deposit money, any withdrawal of these amounts shall be subject to a customer betting this money at least once for the money to be fully available for a withdraw transaction. There is a daily withdrawal limit of 100,000 NGN for online customers. Jackpot Terms and Conditions 1. The jackpot ("pool") product is running by the rules of the company ("WakaBet") and apply by the company general rules and conditions.

12 2. Entrants are required to submit their predictions of the pool before the first scheduled match of each competition kicks off (the Competition Closing Time ). To win a share of the jackpot, participants must correctly predict the final result or correct score of all Matches. 3. To take part in the Competitions, participants must select a result/outcome (Home Win, Draw, Away Win or any other results) for each one of the Matches featured on the pools, Competition Page. Matches may be played either over the weekend or during midweek. The fixed stake for one prediction per match (one-line bet) is shown in the pool page. It is possible to enter more than 1 prediction per match, this will increase the cost of the ticket for every additional line. Additional selections made on more than one per match will cause the stake to increase depending on the combinations selected. 4. By purchasing a Jackpot ticket, you agree that your first name & photograph may be used for promotional purposes by the Company. You agree to cooperate in connection with the execution of any additional permissions or releases deemed reasonably necessary by the Company in order to use your name and photograph for such promotional purposes. Matches will be settled on the official result after 90 minutes of play, including any injury time'. Extra time and penalty shoot-outs shall not be included. This competition are open to persons aged 18 years or over, Proof of age and identity may be required. 7. Players will be deemed to have accepted these terms and conditions and agreed to be bound by them when entering this Competition. 8. Where there is any disagreement as to the details or status of a Bet, the company records will be the primary source of evidence for the details/status of the Bet. 9. The company may, in its sole and absolute discretion, decide to suspend betting on a pool at any time. The company also reserves the right to void a pool in its entirety or any Leg(s) or Bet(s): to correct any obvious errors; to maintain integrity and fairness in the company pools; if there has been a change to the format or events within a pool; or if it believes any Bet has been placed in contravention of either these Terms of Play or the rules of a sports governing body or another relevant professional body. 10. In the event of any uncertainty about any official result, The company reserves the right to suspend settlement of any pool until the uncertainty can be resolved to its reasonable satisfaction. 11. To be valid, bets must be placed before the Competition Closing Time, i.e. the time the first scheduled Match of each competition kicks-off. Any bets inadvertently accepted after this time will be refunded.

13 12. Once submitted, entries cannot be cancelled, amended or refunded. Participants are responsible for ensuring that their entry is submitted correctly. 13. The winner of the Jackpot cannot also claim the 1st, 2nd and 3rd consolation prizes. In the same way, the 1st consolation prize winner is not entitled to the 2nd consolation prize. 14. If one or two games are cancelled or abandoned for more than 72 hours from original time... the company will make a draw in our head office to decide the result of the game for the pool needs only. If more than two games are cancelled or abandoned for more than 72 hours from original time... all bets on the pool will be refunded. 15. In the event of an error that results in the acceptance of an incorrectly staked or otherwise incorrect or unpaid entry, the company reserves the right to make the required manual adjustments to the pool before calculating the prize shares. 16. Match results and prizes will be displayed in the Pool History section on website: The company reserves the right to request winners to provide a valid proof of identity or address before any payment is made. 18. The company reserves the right to amend the terms and conditions of this Competition at any time, for any reason and without notice. 19. All the Company s general Terms and Conditions apply to the coupon and take precedence if these Jackpot Coupon Terms and Conditions conflict.

14 Welcome Bonus Conditions: times rollover. 2. Rollover amount is the deposit amount. 3. Rollover can not be on the same match. 4. Minimum total odds for betslip to be count in the rollover is 3.00 (minimum selection is 3 games of at least 1.3 odds.) 5. Minimum deposit 100 NGN. 6. Minimum bet amount is 100 NGN. Limitations: 1. You must finish the rollover requirements must be met within 30 days of your first deposit. 2. Maximum bonus is 150,000 NGN. Terms and conditions: 1. This offer is valid until 28 February 2019 which can be extended at the sole discretion of Wakabet. 2. This promotion is only available to Customers who have not previously made a real-money deposit into their sports betting Account. Duplicate accounts will be closed and do not qualify for this offer. Any winnings obtained unlawfully from the bonus will be removed. 3. This promotion is only available ONLY to a Customers who have not previously had a Wakabet Online Account. 4. To be eligible for this promotion, your qualifying deposit amount must be rolled over 10 times on settled sports bets with total odds of at least The bonus amount will then be credited to your Sports Bonus Account. 6. This promotion can only be utilized once by a customer. 7. In all cases, the rollover requirements must be met within 30 days of your first deposit, otherwise the bonus shall expire and any funds in your Sports Bonus Account and corresponding winnings shall be forfeited. 8. Void/cancelled bets, draw bets (both Full and Partial) shall not be a qualifying bet. 9. This offer is not valid with other active bonuses. 10. Wakabet betting general Terms and Conditions apply. 11. Wakabet reserves the right to modify, suspend or discontinue the bonus at its sole discretion and without informing the customer.

15 12. In the event of any breach of any terms and conditions, Wakabet reserves the right to take applicable action as it deems appropriate in its absolute discretion.