Bet Acceptance

BET ACCEPTANCE

BetKing will only accept bets made online or through a registered agent that have generated a BetKing Betslip or Coupon ID, bets will not be accepted in any other form. The following rules will apply to the accepting of bets:

• You must make sure that the details of your bets are correct because once they have been placed with us and accepted, they cannot be cancelled or changed by you.
• Bets will not be considered as accepted until they are reviewed by our Odd Compilers. For which confirmation may be obtained by accessing the betting list from your gaming account. Only in such cases, the coupon is considered as accepted.
• Should any dispute arise regarding bets placed online, then the transaction log in the database will be examined and this will determine the dispute.
• BetKing reserves the right to refuse all, or part, of any bet requested without notification.
• It is at the Account Holder’s discretion to ensure whether a bet was accepted or refused SV Gaming Ltd. reserves the right to suspend a market at any time
• Bets will be processed in the order in which they are received.

Customers must register their bet requests as individuals. Repeated requests containing the same selections from the same or different customers may be subsequently deemed void in the following circumstances:

Where SV Gaming Ltd. believes the customers are acting in collusion or as a syndicate.

Where bet requests are registered within a short time of another.

In any one of the cases, SV Gaming Ltd. may pay out only an amount that would have been accepted for one customer placing one bet. SV Gaming Ltd. will inform the customer by e-mail, phone or telefax and the intended stake will be left on the customer's betting account. Where a selection is made void, in Single bets the stakes will be returned. In accumulative bets, the stake will stand for the remaining selections with a Double becoming a Single, a Treble becoming a Double etc.

The “possible winnings” section is for information only and all bets will be settled upon the basis of the stake at the accepted odds.

Should your selection include a non-runner or a void selection in a multiple bet, then the bet will be settled on the basis of the remaining selections.

Unless otherwise stated in these special Rules, the result of a sports event or race will be that which is declared by the relevant sport's governing body immediately upon the conclusion of the event. If a subsequent enquiry results in an alteration to the previously declared result, then notwithstanding this outcome, the original settlement of bets will stand. For example, horseracing bets will be settled on the basis of the official result at the weigh-in and will not be affected by any subsequent enquiries.

If the venue for any sporting event is changed, then all bets placed prior to the announcement of the change will be void.

 The times of the events cited on the website are only indicative and subject to change by various sports federation. Consequently, bets inadvertently placed after the start of an event will be considered invalid, without prejudice to the other events which may be included in a multiple bet.

We reserve the right to delay a winning to validate if the bet was placed after the game had started.

If we find the instructions to be ambiguous and the ambiguity cannot be resolved before the start of the event then we reserve the right to void the bet, win or lose.

The live timer is used to ascertain that a bet cannot be placed before a goal or an important event during the match (e.g. Sent off).

For display purposes, the odds are reported to two decimal places. When multiplied they often generate a number beyond the cent. In this case, the following rule of rounding is used: 0.0 to 0.4 is rounded to 0.0; 0.5 to 0.9 is rounded up to 1.0.

The system calculates the winnings with high precision and then rounds the values. For instance, if the total odds are 101.2987, it will be displayed as 101.3.

Winnings are however calculated on the original odds and not the rounded figure. An instance is depicted below;
Stake: 10
Total odd: 101.2987
Winning: 1012.987
Actual winnings: 1012.99

All bets placed on a bookmaker are a gambling agreement between the bettor and the Company. Up to the time of suspension of bets accepted by BetKing, all bets previously placed must be considered as a registered contract and therefore cannot be deleted.

If a bet needs to be evaluated by the trader, BetKing reserves the right to reject the bet if the stake is deemed excessive or the bet placed is not aligned with the market.

Last Updated: 2018-11-21 16:00:03