All bets are accepted strictly in accordance with these rules, and your use of our Services confirms that you know and agree to be bound by these rules.
Enrolment
It is useful but not mandatory for Island Bet customers to participate in the offers provided by our online information site and in store kiosks. To register with us via our information site the customer must completely and correctly complete the pre registration form, which includes but is not necessarily limited to the following information: Name; Address; E-mail; Date of birth; Sex; Selected Username & password; Secret Question and Answer. Island Bet reserves the right to investigate and verify any Customer registration and the customer agrees to submit all necessary documentation requested by Island Bet in this regard.
If personal information provided to Island Bet by a player is incorrect, Island Bet reserves the right to void all bets made by the player and withhold any winnings until the inconsistency is settled to Island Bet’s reasonable satisfaction. The user is responsible for maintaining and updating registered personal information (e-mail, address, phone number, etc.).
Players who already have a live registration will be prohibited from registering further accounts. If the company detects a connection between users accounts, will assume the existence of multiple records and therefore will consider it as a breach of these terms and conditions. In such cases, and subject to appropriate notification to the customer and the commission, Island Bet has the right to cancel the bets that have been made by the relevant customer and void any prize and to invalidate any bonus earned. The suspicion of multiple accounts can only be reversed if the user is able to prove beyond doubt that the account holders are different people and has complied with all the conditions set out in these Terms and Conditions.
Island Bet will report any suspicious or apparently criminal activity to the appropriate authorities.
Basic Rules – Odds
Bets will only be accepted where there are sufficient funds in the user’s account to cover the wager.
Odds and disadvantages taken into account the strength of the competing teams or players and determine the value of the expected profits of the person making the bet.
The Company has the right to change betting odds and disadvantages at any time for any reason. The terms of any bet placed previously to a variation of odds will remain the same as when the bet was placed. The Company has the right to remove any line offered event.
The user places the bet according to the line operating at the time of the bet.
The home team is listed first on the line. In this case the first team is the home team, the second – is a visiting team.
The user chooses the number of events and competition results from the predictions offered by the betting system.
The user must set the amount of each bet and will receive a confirmation of the bet once it is placed.
A bet cannot be cancelled or varied later than 30 seconds prior to commencement of the event.
Save in respect of a live bet, wagers or bets will be accepted only up until the start of the event.
In the event of a listing error, and subject to appropriate notification to the customer and the commission, all betting activity related to such listing will be void and wagers will be refunded.
The date and time of available events is presented as reported to Island Bet by its 3rd party data service providers. The Company relies on the accuracy of the data provided by these providers and is not able to accept liability for the accuracy and availability of these services.
The information displayed for live events (including updates to this information) is for informational purposes only.
The results of the events announced by the betting company based on official reports from the relevant sporting authority, are the basis for calculating and determining betting outcomes. No other information sources shall be accepted by the Company in this respect.
Bets may not be placed on events which have ended.
The Company reserves the right to set minimum and maximum wager amounts and these will be indicated by the betting system.
The Company reserves the right to limit betting the maximum bet for a particular event, as well as to limit or increase the maximum bet for specific punters without providing explanations.
The customer may not authorize any other person to use his/her betting account and the Company reserves the right to terminate any account where such conduct is detected.
The Company reserves the right to refuse or cancel transactions caused by employee error or computer programs (or other likely errors) and any other reason that causes erroneous bets subject to fair and reasonable notification to the user and the Commission.
A Punters is responsible for any damage caused to the Company by his/her intentionally taking advantage of any technical or administrative errors where such activity is undertaken dishonestly and in bad faith.
General Betting Principle
Examples of developments which may void bets include but are not necessarily limited to:
The event / tournament is cancelled.
The event / tournament will be declared void.
Changed the venue / tournament.
The event / tournament has been interrupted or postponed and not held within 72 hours of the original start date.
The event suspended, interrupted, postponed not solved by the competent authority within 72 hours.
Betting: betting live, if a competitor is not involved, all bets are void for him.
Head to Head Betting: In the event that one or more participants withdraw before they have started the event / tournament, the bet will be cancelled.
Betting invalid / cancelled / cancelled
If a bet is declared “invalid” or “cancelled,” for example, cancellation of event betting, the Company will proceed to refund the amount wagered within 48 hours after having determined the cancellation or declaring invalid the bet. In simple bets, you will receive an amount equal to your stake. In such cases the Company shall ensure the customer receives reasonable notice of the circumstances and that the Commission is informed.
If a betting event is postponed, cancelled or does not have the time shown on the betting line for any reason and resumed within 72 hours from the start date shown, the bet is valid for the reset event. In such cases the Company shall ensure the customer receives reasonable notice of the circumstances and that the Commission is informed.
If a betting event is not resumed within 72 hours from the start date shown, the respective bets will be voided.
Ratification / Rectification betting
The Company recognizes only those results that have been published by the relevant sporting authority or governing body. All bets referring to the outcome of the event / tournament will be evaluated on the official result published by the regulatory authority of the sport / league / corresponding event, in most cases, immediately after the end of the event. If the regulator in question modifies the official result within 24 hours after the event, the Company reserves the right to amend the payment accordingly.
Live Betting
Live bets are those performed when an event has already started. Bets placed before an event starts shall not be considered live bets. The live betting option offered by the betting system and in store before an event is merely informative. The bets available before the event will not be the same as offered once the match starts.
The very nature of live betting (e.g. The constant changes in prices) means that sometimes the price may have changed by the time the bet is placed. The odds at the time the bet is accepted, will be used to settle the bet.
Customers should be aware that certain broadcasts “live”, whether on television, radio or the Internet are subject to delays and, as such, some customers may be viewing an event slightly ahead or behind others. This includes the live signal offered by Island Bet.
A “delay” is set to live betting and duration varies depending on the sport. If a price change during the delay period happens between when you click on bets and making the bet, the customer will be given either the option to place the bet at the new price or not to place the bet. Any live score shown on the website or in store during a live event is only intended as a guide.
Due to the actual time that elapsed live betting, such bets will be subject to verification during the 48 hour post period.
Wagering on the progress of a match are governed by the general rules for the taking of bets, taking into account the particular characteristics for acceptance of types of sports wagering. The Company only accepts bets on sports live only.
An Accepted live bet is not subject to change or cancellation by users.
The Company can perform calculations on bets placed on individual match results or segments (e.g., 1st time, 1set, first goal scored, etc.) before the end of the game. Wagering on periods made after the results of a period are known will be voided.
Price Changes
The prices of all selections change frequently to reflect changes in the market or changes in the same event. In some cases, the price may change over time from the time a client is reviewing the bet on the betting window until the customer makes the bet.
If the price is lower than the price on the receipt of bets, the customer will be asked to confirm whether he/she wants to bet on the current price.
If the current price is higher than the price in the betting window when the client will place the bet, the wager will be held at the current price.