Exchange Rules and Regulations

NOTE:

Players using VPN and login from different IP frequently may result to void bets. And on the basis of different IP from multiple city we can suspend the account and void bets.

All BetInExchange users including ‘Super’, ‘Master’ and ‘Sub’ account holders are advised to read the following ‘Terms and Conditions’. All users who use BetInExchange agree and accept to the following:

  1. The site www.betinexchange.com and all of its original content are the sole property of ‘Sky Infotech Limited’ and are, as such, fully protected by International Copyright and other intellectual property rights laws.
  2. Any form of ‘Passing of funds’, ‘Self Matching’ will not be tolerated on BetInExchange. Any users found participating in such activites will be locked with the funds being reversed. Accounts participating in such activities must note that BetInExchange reserves the right to Void any bets of such nature at any time within 1 week of the bet being placed.
  3. Please note that if any account has been locked due to ‘Passing of funds’ within the last 72 hours, BetInExchange reserves the right to void any bet of this nature within the account irrespective of when the bet was placed.
  4. No Arguments or claim in the above context will be entertained by BetInExchange and the decision made by BetInExchange will stand as final.
  5. BetInExchange Endeavors to have our services run 24 hours a day. However due to any technical issue, or disruption of services from our provider (Betfair.com), BetInExchange will not be liable for any market positions that any account holders may hold.
  6. Betfair.com reserves the right to resettle or void any market for reasons such as technical delayed suspension from the provider. In any such case BetInExchange will settle according to Betfair.com
  7. ‘Super’ and ‘Master’ account holders will be held responsible for the financial penalties incurred for any misuse or ‘passing of funds’ from any of the ‘Sub’ account holders under their accounts irregardless whether or not the financial positions of the sub accounts have been settled by their superior ‘Super’ or ‘Master’ holders.
  8. In case anyone is found using 2 different IDs and logging in from same IP his winning in both accounts will be cancelled.
  9. Any bets which are deemed of being suspicious, including bets which have been placed from the stadium or from a source at the stadium maybe voided at anytime. The decision of whether to void the particular bet in question or to void the entire market will remain at the discretion of BetInExchange. The final decision of whether bets are suspicious will be taken by BetInExchange and that decision will be full and final.
  10. Any sort of cheating bet , any sort of Matching (Passing of funds), Court Siding (Ghaobaazi on commentary), Sharpening, Commission making is not allowed in BetInExchange, If any BetInExchange User is caught in any of such act then all the funds belonging that account would be seized and confiscated. No argument or claim in that context would be entertained and the decision made by BetInExchange management will stand as final authority.
  11. Fluke hunting/Seeking is prohibited in BetInExchange, All the fluke bets will be reversed. Cricket commentary is just an additional feature and facility for BetInExchange user but BetInExchange is not responsible for any delay or mistake in commentary.

Exchange Rules and Regulations

Part A - Introduction

Restricted territory information

Please be advised that our restricted territory information pertains to both residents and visitors in the restricted areas. Accounts registered in a non-restricted territory will become restricted if they are attempt to access and have betting activity from a territory which is restricted.

Restricted territory countries are Algeria, Australia, Austria, Bulgaria, Canada, China, Cyprus, Czech Republic, Democratic People’s Republic of Korea, Denmark, Europe, France (and French territories), Gibraltar, Germany, Iran, Iraq, Ireland, Italy, Japan, Malta, New Zealand, Poland, Portugal, Qatar, Romania, Singapore, South Africa, Spain, Turkey, United Kingdom and United States of America (and US territories)

We have the right to void all players winnings if they are deemed to come from a restricted territory.

1. Use and interpretation

The Exchange Rules and Regulations ("Exchange Rules") are part of terms and conditions.

The Exchange Rules apply to all bets placed on Exchange markets. The Exchange Rules also apply to Exchange ’Multiples’ product (see the Multiples section below for further details). The Exchange Rules consist of the following:

The General Rules apply to all bets unless stated otherwise in the Market Information or the Specific Sports Rules. If there is any inconsistency between the Specific Sports Rules and the General Rules, the Specific Sports Rules shall prevail. If there is any inconsistency between the Market Information and either the General Rules or the Specific Sports Rules, the Market Information shall prevail, except where the General Rules or Specific Sports Rules use the phrase 'regardless of what it says in the Market Information' or similar wording.

For any category or market not referred to in the Specific Sports Rules (e.g. ’Special Bets’ or beach volleyball), the General Rules and Market Information will apply.

2. Market information

The Market Information is provided for information purposes as an at-a-glance guide on how to manage the market. The Market Information may also contain rules on market settlement, however it must always be read in conjunction with the General Rules and the relevant Specific Sports Rules and a link to this Rules and Regulations page will usually be provided in the Market Information for each market.

Whilst the Market Information may give a guide to how markets will be managed, regardless of what it says in the Market Information, it reserves the right to suspend any market at any time at its sole discretion, including in order to carry out necessary administration and/or to take any necessary action to protect the customers.

It shall not amend the Market Information after a market has been loaded except to correct obvious errors and/or to add wording to clarify the Market Information where appropriate.

3. Customer responsibility

The customers should make themselves aware of all the Exchange Rules affecting any market on which they wish to place a bet. Customers should not simply rely on the Market Information as the Market Information is unlikely to contain all of the applicable rules relating to a market.

By their nature ‘Special Bets’ markets are unpredictable so should be treated with particular caution. Customers are responsible for managing their own positions at all times in such markets. Customers should pay particular attention to the Market Information on ‘Special Bets’ markets to ensure they understand the basis on which the market will be administered and settled.

4. Customer betting disputes & IBAS

Any customer who has any concerns or questions regarding the Exchange Rules or regarding the settlement of any market should contact.

If a customer is not satisfied with how a bet or a market has been settled then the customer should provide details of their grievance.

Part B - General rules

1. Managing markets In-Play

a) General

b) All markets other than soccer markets and Australian markets - not suspending at the time of the 'off'

c) Soccer markets (with the exception of Australian soccer markets) - not suspending at kick-off or on the occurrence of a Material Event

Not suspending at kick-off
Not suspending on the occurrence of a Material Event
Definition of “Material Event”

d) In-play Australian markets

2. Results and market settlement

a) General

b) Resettlements

c) Non-runners, withdrawals and disqualifications

d) Winner with [named selection]' markets

3. Abandonments, Cancellations, Postponements

4. Change of venue

5. Periods of time

6. Match bets

7. "To qualify" markets

8. Dead heats

9. Exchange Multiples

The Exchange Rules only apply to Exchange Multiples.

10. Rules for Starting Price

➢ Party against whom you are betting at SP

➢ Placing a SP bet

➢ Exchange bets which are unmatched at the 'off'

➢ Adjustments to SP bets for non-runners

➢ Specific conditions for SP bets for non-runners in greyhound racing markets

11. 'Keep' bets option

12. Rules for Tote betting

13. Miscellaneous

Part C - Specific sports rules

1. American Football

2. Athletics

3. Australian Rules Football

4. Baseball

5. Basketball

6. Boxing and Mixed Martial Arts

7. Cricket

➢ General

➢ Test matches

➢ Limited Over matches

➢ Super Over rule

8. Cycling

9. Darts

10. Financial markets

➢ Indices

➢ Equities

➢ Interest Rates

11. House Price

➢ Currency markets

12. Golf

➢ General

➢ Tournament match betting (i.e. 72-hole match bets)

➢ Round betting markets (e.g. 2 balls, 3 balls etc.)

➢ Stroke play hole-by-hole markets (i.e. performance of a named player on a given hole)

➢ Match play hole-by-hole markets (i.e. performance of players against each other on a given hole)

13. Greyhound racing

➢ General

➢ Trap Challenge

➢ Multi-trap or Multiplied Trap Numbers

➢ Winning Distances

➢ Match Bets

➢ Reverse Forecasts

➢ Place markets

➢ To Reach the Final and To Qualify markets

➢ Ante-post

➢ Australian Specific Non-Runner Rules

14. Horseracing

➢ General

➢ Ante-post

➢ Place Terms for Exchange markets

➢ EW markets

➢ Winning Distance Bets

➢ Non-Runner Rule

➢ How the Reductions are applied for Exchange markets

➢ Additional rules

15. Ice Hockey

16. Rowing

17. Rugby Union and Rugby League

18. Snooker and Pool

19. Soccer

20. Swimming

21. Tennis

22. Winter sports (which may include, amongst others, Alpine Skiing, Biathlon, Cross-Country Skiing and Ski-Jumping)