Virtual Sports Betting Terms
General
- A virtual betting event takes place every 5 minutes.
- Bets on the next event are accepted until the "bets closed" message appears on the screen, after which the bet will be allocated to the successive event.
- When the event is not specified by the customer, bets are registered on the next event.
- Winnings can be collected once the result of an event is displayed on the results screen.
- A customer who places any bet on these events takes sole responsibility for his actions in placing a bet, and for checking his ticket to ensure it correctly reflects his chosen bet. The customer will not hold the operator liable for any loss or damage suffered.
- The operator will also not be liable for any system malfunction that may result in the nullification, cancellation or refund of a bet at any time.
- No horses or greyhounds are scratched from virtual races.
- There are no dead heats (position draws) in virtual races.
- If any events are cancelled for whatever reason, outstanding bets on the affected events will be paid at settled at 1:1.
- Bet types offered may be altered from time to time.
Race Event Bet Types – Single Selection
- Win: Select a runner to finish 1st.
- Place: Select a runner to finish in 1st, 2nd, or 3rd place in a race with 8 runners or more, and 1st or 2nd in a 6-runner greyhound race.
- Each-way ("Fractional Place" bet in some fractional odds markets): Select a runner to win or place. This bet consists of two bets on one selection in one event, with the first bet on the runner to win and the second bet on the runner to place. The place bet pays at a fraction of the win odds as specified on the event data.
The Each-Way bet is not offered in most countries. The game system can be configured to set the "place" odds at a fixed proportion of the win odds of the selection as follows: Greyhounds pays 1/5th of win odds / Horses pays 1/5th of win odds.
Race Event Bet Types - Multiple Selection Combination Odds
These bet markets carry different terms in different geographical regions. Our data service uses fixed odds ("bookie¨) terminology. The system can be configured to display pari-mutuel ("tote") terminology on the screen systems and video renders when required. These alternative bet names are shown in parentheses below.
- Forecast (Exacta): Select 2 runners to finish 1st and 2nd IN ORDER specified.
- Combination Exacta: Some bet systems offer a player the option of selecting 2 or more selections to bet that every possible combination of two of the selections may finish 1st and 2nd in order. So for example: on 2 selections there are 2 bets (1-2, 2-1); on 3 selections there are 6 bets (1-2, 1-3, 2-1, 2-3, 3-1, 3-2); on 4 selections there are 12 bets, on 5 selections there are 20 bets and on 6 selections there are 30 bets etc. This is a bet-acceptance system that uses the Forecast odds in the feed service. The bet acceptance system works out all combinations.
- Reverse Forecast (Quinella): Select 2 runners to finish 1st and 2nd in ANY ORDER.
- Tricast or Trifecta: Select 3 runners to finish 1st, 2nd and 3rd IN ORDER specified.
- Combination Trifecta: Some bet systems offer a player the option of selecting 3 or more selections to bet that every possible combination of three of the selections may finish 1st, 2nd and 3rd in order in an event. So, for example, on 3 selections there are 6 bets (1-2-3, 1-3-2, 2-1-3, 2-3-1, 3-1-2, 3-2-1); on 4 selections there are 24 bets; on 5 selections there are 60 bets and on 6 selections there are 120 bets. This is a bet acceptance system bet that uses the Tricast odds. The bet acceptance system works out all combinations.
- Reverse Tricast or Trio: Select 3 runners to finish 1st, 2nd and 3rd in ANY ORDER.