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What Is Bundle Betting in Jeetwin Id?

1.1. Introduction to Bundle Betting

Bundle betting is a type of wagering offered by betting operators like Jeetwin Id, specifically for fixed price racing events. Customers can place bundle bets either after the official time for the declaration of final acceptances for the event or before that time, provided nominations for the relevant event have already taken place.

1.2. Calculation of Payout for Bundle Bets

If a selection in a bundle bet has a successful outcome, the customer is entitled to receive the bundle price multiplied by their investment. However, there are specific conditions outlined in Rule 1.3 that can affect the payout.

1.3. Bundle Bets Placed Before Final Acceptances

When a bundle bet is placed prior to the official time for the declaration of final acceptances for the event:

1.4. Bundle Bets Placed After Final Acceptances

When a bundle bet is placed in Jeetwin Id after the official time for the declaration of final acceptances for the event:

If one or more selections are withdrawn, and more than one selection remains in the bundle bet:

If all but one selection in the bundle bet is withdrawn:

If all selections in the bundle bet are withdrawn, the bet will be refunded to the investor once the event results are available.

1.5. Losing the Entire Bundle Bet

If all selections in a bundle bet lose or are deemed to have lost, the entire bet is considered lost.

1.6. Bundle Bets with Only Remaining Competitors

If, due to one or more withdrawals from an event, the selections in a bundle bet comprise all the remaining competitors in that event, the bundle bet will not payout and will be refunded to the investor once the event results are available. However, this does not apply if the bundle bet is part of a multiple bet.

1.7. Bundle Bets Within a Multiple Bet (Rule 1.3)

When a bundle bet made under Rule 1.3 is part of a multiple bet:

1.8. Bundle Bets Within a Multiple Bet (Rule 1.4)

When a bundle bet made under Rule 1.4 is part of a multiple bet:

1.9. Additional Considerations

In addition to the information covered in this Rule 1, Rule 12.5 may also apply to bundle betting.

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