Thursday, January 6, 2011

Bet Type

2.Market (Bet Type) Rules General Rules

2.1. General

2.1.1.Outright

2.1.1.1.Outright means betting on the winner of an Event, race or tournament.
2.1.1.2.Outright place means betting on competitors that fill the designated places in an Event, race or tournament. The number of places that are paid as winners will be indicated in the Market title.
2.1.1.3.If a competitor/player does not start an Event, race or tournament then all Outright bets on that competitor/player will be void.
2.1.1.4.If a "Dead Heat" is declared in any Outright Market then half the stake is applied to the selection at full odds and the other half of the stake is lost. If more than two competitors "Dead Heat" then the stakes are proportioned accordingly.
2.1.1.5.The term “Any Other Player” (Any Other Team etc) refers to all competitors not named in the market.

2.1.2.Moneyline

2.1.2.1.Moneyline means betting on one competitor or team to defeat another in an Event or to be placed higher in an Event match-up. Remaining Moneyline rules are set out in the Specific Event Betting Rules.
2.1.2.2.The term “The Field” refers to all competitors other than the competitor named in the Moneyline match up.

2.1.3.Handicap (HDP)

2.1.3.1.Handicap means betting when one competitor or team receives a virtual head start (effectively leading by that head start before the Event begins). The winner is the competitor or team with the better score after adding the given handicap to the result. Remaining Handicap rules are set out in the Specific Event Betting Rules.

2.1.4.Over/Under (OU)

2.1.4.1.Over/Under means betting that is determined by the total number of points (goals, games etc) in the final result of an Event. If the total is more than the Over/Under pre-designated line then the winning result is Over; if the total is less than the Over/Under pre-designated line then the winning result is Under.

2.1.5.Odd/Even (OE)

2.1.5.1.Odd/Even means betting that is determined by whether the total number of points (goals, games etc) in the final result of an Event is Odd or Even.

2.1.6.Parlays

2.1.6.1.Parlay means bets in a combination of a minimum of three selections placed as one wager. If all selections should win then the Parlay wins and will be paid at the combined odds of the three selectons. If one (or more) selection should fail to win then the Parlay loses. If one (or more) selections should be postponed then the odds for that selection will revert to 1.00 odds.
2.1.6.2.Please refer to "Help" on the Mix Parlay betting page for further details.

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