What Is All-Up and Multiple Betting in Jack9 Io Id?
1.1. Introduction to All-Up and Multiple Betting
All-up and multiple betting is a popular form of betting offered by various betting operators such as Jack9 Io Id. This type of betting allows individuals to combine two or more contingencies into a single bet, offering the potential for higher payouts. It can be applied to fixed price racing events as well as other fixed odds sports and betting events.
1.2. Impact of Losing Contingency
In all-up or multiple bets, if any of the selections or contingencies within the bet loses or is deemed to have lost, the entire bet is considered lost. This means that the outcome of each individual contingency is crucial for the success of the overall bet.
1.3. Dead Heats and Revised Prices
In the event of a dead heat occurring in one or more contingencies of an all-up or multiple bets, the revised price for each leg is calculated using the method set out in Rule 12.5. The revised payout payable is then determined by multiplying the cumulative prices applicable to the dead heat contingencies with the original investment made.
1.4. Abandoned or Postponed Events
- When a bet covers two or more non-thoroughbred, harness, or greyhound events, and some events are decided in the customer's favor while the remaining events are abandoned or postponed without being officially rescheduled within 3 calendar days, the remaining payout is calculated based on the cumulative prices applicable to the events decided in the customer's favor and the original investment.
- For bets covering two or more thoroughbred, harness, or greyhound events, if one or more events are decided in the customer's favor but any remaining events are abandoned or postponed, the remaining payout is determined by multiplying the cumulative prices applicable to the events decided in the customer's favor with the original investment.
1.5. Betting Operator's Right to Adjust Prices
The betting operator, Jack9 Io Id, reserves the right to adjust the prices of an all-up or multiple bet that involves the same contestant. However, the customer must be clearly notified of any such adjustment in prices before accepting the bet offer.
1.6. All-In Bets
Any all-up or multiple bets involving thoroughbred, harness, or greyhound events placed before the official time for the declaration of final acceptances for all events of the bet is considered “All In.” This means that regardless of any subsequent changes or withdrawals, the bet stands as originally placed.
1.7. Effects of Withdrawals and Refunds
- In the case of all-up or multiple bets on thoroughbred, harness, or greyhound events, if a selected competitor is withdrawn from an event after the official time for the declaration of final acceptances, that leg of the bet will be ignored for calculating the payout.
- If all legs of the bet are to be ignored or become invalid due to withdrawals or other reasons, the bet will be refunded.
- Bets placed after the time for final acceptances but before the betting operator adjusts the prices following a withdrawal may stand, subject to the betting operator's discretion. In such cases, a deduction may be applied according to the Deductions Schedule, and the revised payout is calculated by multiplying the cumulative prices applicable to the events decided in the customer's favor with the original stake.
In conclusion, all-up and multiple betting allows individuals to combine multiple contingencies into a single bet, offering the potential for higher payouts. However, it is essential to consider the rules and conditions set by the betting operator, including the impact of losing contingencies, dead heats, abandoned or postponed events, and the betting operator's right to adjust prices. Understanding these rules can help bettors make informed decisions and manage their expectations when engaging in all-up and multiple betting.
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