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Betting Rules

Last updated: 13/02/2024

  1. Introduction

    1.1. The Services (as defined in the Terms & Conditions) provide Players with a betting service, which enables a Player to bet on a sports team's performance.

    1.2. All Bets on the Services are 'pool' bets whereby the winning return is calculated by reference to the money staked in the respective pools of the competing sports teams and the eventual number of winning bets.

    1.3. The Services include two betting products:

    (i) " SportsBroker Pools" (as described at 2 below); and

    (ii) " SportsBroker Classic" (as described at 3 - 9 below).

    1.4. Any capitalised terms used in these Betting Rules, but which are only defined in the Terms and Conditions (including the term " SportsBroker"), shall have the meaning as defined in the Terms and Conditions.

  2. SportsBroker Pools

    2.1. SportsBroker will select five (5) matches (the " Pool Matches" and each a " Pool Match").

    2.2. In order to place a Bet on SportsBroker Pools, you must:

    (i) select which team you forecast will win each of the Pool Matches or if you forecast a Pool Match will be a draw (each a " Selection"); and

    (ii) pay a £2 entry fee (an " Entry Fee").

    2.3. You may only place five (5) Bets on each set of Pool Matches.

    2.4. The total Entry Fees shall be subject to a deduction of 20% by SportsBroker as SportsBroker's consideration for operating the SportsBroker Pools product, the remaining balance shall be referred to as the " Win Pool".

    2.5. Upon completion of the Pool Matches, SportsBroker will determine which Selection correctly forecasted the result of all of the Pool Matches (i.e. whether a match would be a draw or, if not, which team would win such match). Each Bet that included a correct Selection (i.e. correctly forecasted the result of all the Pool Matches) will receive an equal share of the Win Pool.

    2.6. If no Player's Selection correctly forecasted the result of all of the Pool Matches, no amount shall be paid out to Players, and the Win Pool shall be retained by SportsBroker which can, in its discretion, apply all or some of such Win Pool to a future SportsBroker Pools product.

    2.7. If the full 90-minute period of a match is not completed within three (3) days of its scheduled start date, it will be considered a void match for the purpose of the Pool Matches and all Selections for such void match will be treated as winning Selections for the purpose of the SportsBroker Pools.

  3. SportsBroker Classic - overview

    3.1. In order to place a Bet, you must buy a Stake (as defined below) in a Team Pool.

    3.2. When a match ends, the Bet shall be settled and you will receive a proportion of the Team Pool in which you bought a Stake, by reference to the amount of the Stake you originally bought relative to the amount of the total Team Pool at the beginning of the respective match.

  4. SportsBroker Classic - interpretation

    4.1. The following words and terms, when used in these Betting Rules in relation to the SportsBroker Classic product, shall have the below meaning:

    (i) "End Value" means the value of a Team Pool at the end of a match;

    (ii) "Factors" shall have the meaning at 7.1.2;

    (iii) "Points" shall have the meaning at 7.1.2;

    (iv) "Pool Deduction" shall have the meaning as set out at 8.1;

    (v) "Stake" is a Player's stake in a Team Pool, existing only on the SportsBroker service;

    (vi) "Starting Value" means the value of a Team Pool at the start of a match;

    (vii) "Team" shall mean a team where Players can buy a Stake in a Team Pool on the SportsBroker Classic product; and

    (viii) "Team Pool" shall mean the total Stakes bought in relation to a Team.

    4.2. A reference to "buying" a Stake in a Team Pool is not intended to denote a purchase of any Team or asset, instead it is intended to reference the actions of placing a Bet.

  5. SportsBroker Classic - Stakes

    5.1. The SportsBroker Classic product provides Players with the opportunity to place a Bet by 'buying' a Stake in a Team.

    5.2. You may submit a request to 'buy' a Stake by selecting how much you wish to place in that Team's Pool.

    5.3. Subject to the other terms of these Betting Rules and the Terms and Conditions, including 5.4 below, a Bet will be placed immediately when you request the Bet. The number of Stakes acquired will be equal to the value of your Bet, for example a Bet of £1.35 would mean £1.35 of Stakes are acquired.

    5.4. If the value of a Bet exceeds your available balance, you will not be able to place the Bet.

    5.5. For the avoidance of doubt, you can neither place a Bet nor sell a Stake during a match.

  6. SportsBroker Classic - Settlement of Bets

    6.1. Subject to the other terms of these Betting Rules and the Terms and Conditions, upon the conclusion of each applicable match, you will receive a proportion of the value of the Team Pool at the end of the respective match in which you bought a Stake less any Pool Deduction.

    6.2. The proportion of the Team Pool (less any Pool Deduction) you would receive is a percentage equal to the amount of Stake you originally bought relative to the total Team Pool at the beginning of the respective match, rounded down to the nearest £0.01.

  7. SportsBroker Classic – Team Pool changes

    7.1. The value of a Team Pool at the end of the match will be calculated by reference to three matters:

      7.1.1. win – if a Team wins a match, 70% of the of the Starting Value of the Team Pool of the losing team will be allocated to the Team Pool of the winning team;

      7.1.2. Points – SportsBroker will award points (" Points") to both Teams during a match, on the basis of defined factors as set out at the relevant table at Appendix 1 (the " Factors"). The Points value of each of the Factors is set out at Appendix 1. If a Team scores more Points than the opposing Team, an amount of the Team Pool of the Team with less Points will be allocated to the Team Pool of the Team with more Points. Such amount will be calculated as a percentage of the Starting Value of the Team with fewer Points, equal to the Points difference between the two Teams, subject to such amount being capped at 30% of the Starting Value of the Team with fewer Points. By way of example, if Team A had 10 Points and Team B had 15 Points, the respective amount would be 5%.

    7.2. If no Stakes in a Team are held by Players, it will not be possible for the Stakes of the opposing Team in a match to increase in value.

    7.3. If a match is abandoned, any movements of the price of a Stake during the match prior to such abandonment shall be valid.

    7.4. SportsBroker may publish a graphic showing live changes in a Team Pool during the course of a match. Such graphic shall not be determinative of any changes in a Team Pool and any winnings or losses, instead SportsBroker's database will be the ultimate authority with regards to the value of a Team Pool.

  8. SportsBroker Classic - Pool Deduction

    8.1. In consideration for providing the SportsBroker Classic product, SportsBroker will receive the " Pool Deduction": an amount equal to 20% of the total increase in a Team Pool (i.e. an increase from the Starting Value to the End Value).

    8.2. If a Pool Deduction as precisely calculated would include a fraction of a penny, such Pool Deduction shall be rounded up to the nearest 1 pence. For example, if Pool Deduction as precisely calculated would equal £1.011, this shall be rounded to £1.02.

  9. SportsBroker Classic – specific scenarios to void Bet

    9.1. SportsBroker shall have the right to void any open Bet if you purchase a Stake and the applicable match is not held or SportsBroker has reason to believe such match will not be held.

Appendix 1

Football

FactorPoints
Goal3
Shot on Target2.5
Woodwork1
Corner Won0.4
Tackle Won0.4
Shot off Target1
Aerial Duel Won0.2
Ground Duel Won0.2
Shot Blocked1
Punches0.1
Red Card-3
Yellow Card-0.75
Offside-0.25

American Football

FactorPoints
Total Game Points Scored0.50
First Downs0.10
Passes Completed0.30
Passing Yards0.15
Rushing Yards0.22
Entered Red Zone0.20
Fields Goals Scored at 30-39 Yards0.30
Fields Goals Scored at 40-49 Yards0.90
Fields Goals Scored at 50 Yards and over1.80
Missed Fields Goals-1.50
Touchdown Conversion Points Scored0.50
Touchdown Conversion Points Missed-1.50
2pt Touchdown Conversion Scored by Passing2.00
2pt Touchdown Conversion Scored by Rushing1.50
Interception by Defense2.00
Sacks on Opponent1.20
Yards Lost from Sacks-0.50
Interceptions Thrown-1.00
Fumbles Lost-1.00
Fumbles Recovered0.50
Fumbles Forced on Opponent0.50
Safety Scored1.50
Kick Blocked (Field Goal or Punt)1.50
Fumbles Forced on Opponent by Special Teams0.50
Fumbles Recovered by Special Teams2.00
Touchdowns by Special Teams2.50
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