Overview
These rules are intended to further explain the terms and conditions that apply to all bets
accepted by OkBet. It is your responsibility to make yourself aware of these rules and the
terms upon which your bets are accepted. We reserve the right to amend these rules at any
time and any such amendments will then be displayed on this website. Please note that any
additional information detailed in the "Announcements" section forms part of the betting
rules. In the event of any disparity, please note that any such additional information will
supersede our betting rules.
We consider these rules to be fair and should you require any advice regarding these rules
please contact our customer service team. Our team is there to help you and it is in
everybody's interest to ensure that queries and disputes are settled as quickly and amicably
as possible. The customer service team endeavors to provide prompt and considerate attention
to errors and disputes.
All these rules serve only to establish the general principles that regulate the
relationship between the member and the company. In the event of any disagreement, it is not
the intention of the company to enter into a dispute with the member, but rather to find a
solution, whenever possible, for the mutual satisfaction of both parties.
GENERAL SPORTS RULES
All bets placed with the company are subject to the following rules and regulations. Any rules listed within individual sports supersede these rules for that particular sport or market:
- Minimum and maximum bet amounts on all sporting events will be determined by the company and are subject to change without prior written notice.
- The company relies entirely upon the information provided by the customer within their betting account. The company is not responsible for any form of misrepresentation by the customer.
- When betting, members are solely responsible for their own account transactions. Please be sure to review your bets for any mistakes before submitting. Once a transaction is complete, it cannot be changed. The company does not take responsibility for missing or duplicate bets made by the client. Clients may review their transactions in the "Statement Details" section of the site after each session to ensure all requested bets were accepted.
- In the case of any complaints, the company does not consider valid prints or receipts, which have not been recorded or stored in the company files.
- The company reserves the right to close or suspend a customer's account at anytime.
- The company reserves the right to suspend betting in a market at anytime.
- The company reserves the right to void any bets struck on an event where the outcome is known. Should a bet be placed at an incorrect price due to a delay in the 'Live' coverage of an event, the bets placed during this period of time will be voided, win or lose.
- Information relating to an event (e.g. dates, times, scores, statistics, news, red cards, neutral ground details, etc.) are for general information purposes only. The company shall not be liable for the accuracy in the information provided.
- Should a game / event be abandoned, suspended or postponed and fail to resume after 48 hours from the official kick off / start time, the result as it stands will be deemed void and bets will be cancelled, unless stated otherwise in the individual sport’s rules. Certain markets that are unconditionally determined will be settled accordingly. The settlement procedures for these markets are stated in the individual sport’s rules. The company's decision to cancel bets in such an event is final and is regardless of any official decision by the event referee or relevant governing authority. For 'Parlays', the bet will still be considered valid, though the selection within the parlay will be considered void. The payout formula will be calculated as (1) for that particular selection.
- Should a game / event be abandoned the result as it stands will be deemed void and bets will be cancelled, unless stated otherwise in the individual sport’s rules. The decision and definition of abandonment can be made at the company’s discretion.
- Should there be any discrepancies with team names or any other information in other languages, the company will refer to all team names in English.
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The company is not liable, under any circumstances whatsoever, for any discrepancies,
damages or loss
caused by any of the following incidents:
- Disruption of service to the company's website(s), server(s) or network.
- Loss of data or damaged data on the company's server(s).
- Malicious attack on the company's website(s), server(s) or network by hackers.
- Slow or irregular internet service while accessing the company's website.
- If there is any dispute over the interpretation of any rules or regulation, the company's interpretation will always take precedence.
Original article link : https://jiligames.bet/rules
RESULTS AND SETTLEMENT
- The result of an event will be determined on the day of its conclusion for betting purposes unless otherwise stated within the rules for each sport or event. The company does not recognize protests or overturned decisions for betting purposes. The company will only reset / correct the results due to human error, system error or mistakes made by the referring results source within 72 hours after results are processed.
- Markets are usually settled at the end of the event. However, in the interest of the member, some markets may be settled before the official result is declared. These are markets that are unconditionally determined and can include certain markets for events that are abandoned, suspended or postponed. The company reserves the right to reverse settlement in the event a market is settled in error.
- Results will be determined by the company using, where possible, official sources from each sport’s governing body. Where results are not readily available from the sport’s governing body, the Company may use such other source(s) as it deems appropriate and reasonable in all the circumstances.
- For the purpose of settling bets, the company shall take the latest back-up data on bets placed. The company will not entertain any complaints or disputes, unless the customer can produce a printed copy of the betting transaction(s). Otherwise, the company’s transaction record shall be deemed as final.
IN-PLAY / IN-RUNNING RULES
In-Play is where it is possible to bet during an ongoing game or event. Bets will be accepted once the game or event begins and will cease once the game or event is taken off the odds display. A variety of different markets can appear during the duration of a game.
- All bets placed In-Play are subject to a system acceptance procedure. This may result in a delayed confirmation (or rejection) of each bet.
- The word "Pending" will be shown on the bet receipt of any bet being processed by the system. This means that the bet has not been confirmed or rejected yet.
- Pending bets will be rejected should a significant event occur during the time of bet placement. These events may include, but are not limited to, a goal, red card, penalty or technical malfunction.
- Video Assistant Referee (VAR) decisions made after a significant event occurs, may result in confirmed bets being voided. Bets voided will be from the time of the significant event, until the time the final VAR decision was officially announced.
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In the case of In-Play, the company will enforce the following conditions in order to ensure that bets are placed at the correct time, at the correct price and under the correct circumstances, as determined by us:
- The time in which a goal / point is scored is determined solely by the company. We will not entertain any references as to the time that a goal / point is scored as stated in official league / club websites, media websites or "live score" websites.
- If there are reasonable grounds to suspect that a bet (or bets) has been placed after an event has taken place in the game / event, we reserve the right to cancel such bet(s) without having to provide any reason or burden of proof.
- In the event that the company website cannot be accessed to update the score, odds or handicap-goal line, the company reserves the right to cancel all pending bets placed at the time of the incident.
ISSUES RELATING TO TIMES
- If an event starts before its scheduled time, only bets placed before the event starts will be considered valid. All bets placed after the start of the game will be considered invalid or void, except for In-Play bets.
- For events where injury or stoppage time is played, this is deemed to be part of regular time.
- Overtime will only count where stated in the individual sport rules.
DEAD HEAT RULES
- For markets where there is a dead heat with two or more winning selections in an event, the winnings will be reduced. This reduction is calculated by dividing the total stake by the number of selections of that dead heat. This reduced stake is then multiplied by the original odds to calculate the winnings. This part of the stake is then returned to the customer, together with any winnings. The other part of the stake is lost.
- For example:
Stage 1 – You bet Php5 on a selection at 16.0 (Potential winnings of Php75)
Stage 2 – Your selection is in a dead-heat with another selection both finishing in 1st place
Stage 3 – Half your stake (Php2.50) is applied at the original odds (16.0). Therefore the 'Win / Loss' will be Php2.50 x 16.0 = Php37.50 [+ Php2.50 stake returned] = Php40.00.
(In the event of more than two selections finishing in a dead heat, the bets will be divided respectfully).
Effectively in a two way dead-heat, half (50%) of the stake is applied at full betting odds and the other half (50%) of the stake is lost. - The Dead Heat Rules will not apply where, in our sole discretion, we consider an event winner can be determined on a points scored basis (for example from an event group stage).
CHANGE OF VENUE
- If a scheduled venue is changed, all bets will be considered void if the original away team is now the home team.
- We reserve the right to void all bets if we think other change of venues scenarios could affect the outcome of the event, e.g. Tennis change of surface.
- In certain situations, we may not void the bets. This can include tournaments where both selections were originally considered to be playing at a neutral venue and the change of venue has no impact.
- The individual sport’s rules will override these rules.
ERRORS
While the company makes every effort to ensure that errors are not made, we reserve the right to void a bet if there is a clear error. This includes, but is not limited to:
- Incorrect prices, which are clearly different from those available in the general market.
- Incorrect handicaps, Over / Unders, Totals, Lines, Spreads, etc.
- Incorrect fixtures, dates and times.
- We will endeavour to contact the customer when we void bets in this instance, if possible. The information will also be relayed in our Announcements section.
IRREGULAR BETS
- Any member who the company suspects of cheating or damaging our platform will have their bets voided and their account suspended without warning or notification. This includes the use of forbidden artificial intelligence equipment.
MAXIMUM PAYOUTS
- The maximum amount that can be won by one customer in any one day of betting, regardless
of the stake, is
CNY(Php)1.5m or its equivalent in an accepted currency. This includes single bets and
parlays. The list below is
a breakdown of each sport’s maximum payout:
- Football and Basketball - CNY(Php)1.5m
- Virtual Football, Virtual Basketball, Virtual Sports, Tennis, American Football, Baseball, Ice-Hockey, Rugby Union, Rugby League, Volleyball - CNYPhp300,000
- All Other Sports – CNY(Php)200,000
- Novelty Markets – CNY(Php)25,000
- For Parlays that involve events from different levels, the lowest limit will apply.
Accept Better Odds
- The term "Accept Better Odds" means all selections added to the betslip can be processed automatically, so long as the odds on offer show a higher return than originally indicated at time of selection. If the adjusted odds within the betslip show a lower return value than originally indicated, the bet will not be processed automatically. This feature can be turned on/off by selecting or unselecting the "Accept Better Odds" tick-box located within the betslip.
Enhanced Price Specials / Multiples (Price Boosts)
- These markets are offered at the discretion of the company and may be withdrawn at any time.
- These markets are subject to a limited stake amount. This may be adjusted at any time.
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The rules governing all Enhanced Price Specials / Multiples (Price Boosts) are the same as those stated within the General Rules above and Sports Rules of each sport.
- Football Example - ‘Manchester United to Win and Over / Under 2.5’ will comply with ‘1 X 2 & Goals Over / Under’ Football Rules.
- These markets are offered on the basis of regular time and do not include Extra Time or Penalty Shootout (unless otherwise stated)
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For Enhanced Price Multiples (Price Boosts), if an event is suspended when the result is unconditionally determined, then the bet will be settled accordingly as ‘Win’ or ‘Lose’.
- Football Example: If you select Over 2.5 Goals and the score is 2-1 at the time of suspension, then the selection will be considered a ‘Win’.
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For Enhanced Price Multiples (Price Boosts), if an event is suspended when the result is undetermined, then the bet will be ‘Void’.
- Football Example: If you select Correct Score 2-2 (at Full-Time) and the score is 1-1 at the time of suspension, then the bet will be ‘Void’.
- For Enhanced Price Multiples (Price Boosts), the odds will be readjusted should one or more selections be a push or ‘Void’.