What are the Betting Options in Indibet Id?

Wagering and Prices

  • Wagering is done by investing an amount on any Result in an Event offered by the Betting Operator at the current Prices and according to their terms and conditions.
  • The Betting Operator has the discretion to determine which Events to operate on and accept investments for, as long as it complies with the applicable regulations.

Event Acceptance and Betting Suspension

  • Acceptance of a wager on a specific Result at certain Prices does not require the Betting Operator to accept any other investments on the same Result at similar Prices.
  • The Betting Operator can discontinue setting Prices, decline investments, or suspend betting on specific Results or the entire Event before or during betting.

Bet Refusal and Cancellation

The Betting Operator reserves the right to refuse any Bet without providing reasons. At the time of placing a bet, an agreement can be made between the Betting Operator's authorized employee and the customer to call off the bet until the close of betting on the relevant Event.

Refunds and Discretionary Payments

  • Generally, customers are not entitled to refunds or reimbursements for their bets, except as provided in these Rules or required by law.
  • The Betting Operator has the discretion to refund all or part of a bet, but such refunds or payments are not binding, create precedents, or entitle other customers to the same treatment.

Multi-Leg Combinations and Outcome Determination

  • Multi-leg combinations, including quinella betting, are governed by the Act, Regulations, and these Rules when conducted by the Betting Operator in Indibet Id.
  • For any investment to be successful, it must be based on the actual occurring Outcome, and the determination of success is at the Betting Operator's discretion based on the occurrence or prevention of a Result.

Record-Keeping and Provision of Information

  • The Betting Operator is required to record details, including Prices offered, for all accepted Wagers by electronic or other means. These records must be maintained for a reasonable period after the conclusion of the Event, but not less than 120 days.
  • The Betting Operator strives to provide accurate and up-to-date information on Competitors, including Withdrawals and Outcomes, for all Events operated by Indibet Id.

Note: Rule 6.14 determines additional provisions related to wagering on an All-In basis. Refunds of bets are not generally granted unless specifically provided in these Rules or required by law. The Betting Operator retains the discretion to refund bets partially or in full, but such refunds do not establish a precedent or entitlement for other customers or future bets.

Please note that the information provided here is a general summary and may not cover all specific details and requirements.

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