Exchange Rules
Introduction
1.1 The agreement between you and Betbarter.com includes these terms and conditions. Terms and Conditions will be followed, and these rules and regulations shall be governed by all meanings included in those terms and conditions.
1.2 Betbarter.com retains the right, on a case-by-case basis, to determine the outcome of any event that, for whatever reason, takes place and is either ambiguous or not covered by the rules and regulations included in this document.
1.3 These Terms and Conditions are subject to revision, amendment, editing, and addition at any time by Betbarter.com.
1.4 Betbarter.com retains the right, at its sole discretion, to reject personal accounts, reject bets, and/or cap the total amount of bets placed.
1.5 Before placing a wager on any market, Betbarter.com customers should read and understand the rules and regulations governing that market.
1.6 Betbarter.com retains the right, in its sole discretion, to void, cancel, suspend, withhold bets and/or player accounts for any reason resulting from the identification of any suspicious conduct:
- Using a VPN or any other technique that causes a regular IP change;
- Making and using many accounts on Betbarter.com;
- It is highly forbidden to self-match, pass money, courtside, and sharpen;
- Abuse in any form, including fluke hunting, matchmaking, and commission-making, is not going to be accepted;
- Syndicate wagering;
- Fixing matches;
- Every judgment made will be regarded as final, and appeals will not be considered.
1.7 Betbarter.com disclaims all responsibility for communicating inaccuracies in betting information and outcomes. In the event that data is transferred incorrectly, slowly, abusively, or manipulated online, or if there is any other third-party defect (such as a technical difficulty, connection issue, etc.), no claim for damages may be made.
The correctness of the results, live streams, statistics, and other information/data displayed on the website is not guaranteed by Betbarter.com. Before placing a bet, it is the responsibility of the client to confirm the details and status of each event.
1.8 At its sole discretion, Betbarter.com reserves the right to make any required corrections to obvious mistakes and to take other actions to ensure that its clients receive fair service. Any false information released about an event might be a perceptible mistake. For instance, inaccurate or inverted odds, the wrong person, team, or tournament, the erroneous start time for the event, etc.
- In certain situations, Betbarter.com retains the right, even after the event has concluded and been settled, to remedy glaring mistakes and declare impacted bets invalid (rated at a price of 1.00). It is the obligation of clients to make sure that their bets are placed accurately;
- If the outcome of the event is already known, Betbarter.com retains the right, in its sole discretion, to declare a wager void (rated at a price of 1.00), either whole or in part;
- If the client benefited significantly from delayed “Live” coverage or stream and the bet was placed at an inaccurate price, Betbarter.com maintains the right, at its sole discretion, to declare the bet invalid (rated at a price of 1.00);
- We do not accept late wagers. The stake will be reimbursed, and the wager invalid (rated at a price of 1.00);
- Each customer bears the duty of promptly reporting any money that has been inadvertently credited to their account. Any prizes resulting from this kind of mistake will be lost.
1.9 The minimum and maximum stake amounts vary according to the market, sport, and event.
1. General Exchange Rules
1. Supervising marketplaces In-Play
1.1 If a market is not meant to go into play but is not suspended at the appropriate moment, then:
All bets matched after the event’s designated “off” time will be void;
All bets placed after the time of the “off” determination will be void if the event does not have a planned “off” time. Instead, it will use reasonable efforts to identify the real “off” time.
When an event begins and ends, Betbarter.com will make a good faith effort to halt in-play markets. Nevertheless, the Market Information does not ensure that these markets will be closed at the appropriate moment, no matter what it states. Results or choices made in an Exchange market that has been activated cannot be partially suspended.
It is always the customer’s responsibility to manage their in-play wagers.
Customers should be aware that transmissions that some broadcasters refer to as “live” may really be pre-recorded or delayed for the purposes of in-play betting. Depending on the configuration used to receive the images or data, there may be a range of delays.
1.2 No marketplaces are suspended during the “off” period. seeks to utilize its reasonable efforts to turn markets in-play at the specified “off” time for markets that are due to be turned in-play. The Market Information should provide the time of the “off” for markets. It is not guaranteed that such markets will be stopped and switched on at the time of the “off,” regardless of what Market Information claims.
All bets matched after the scheduled time of the “off” will be void if a market that is due to be turned in-play does not suspend the market and cancel unmatched bets at the time “off” and the market is not put in-play with unmatched bets canceled at any point during the event.
In the event that there isn’t a set “off” time, any wagers placed after that point will be void. The event organizers will make a fair effort to determine the real “off” time.
Bets that are matched once the time of the “off” will stand if a market that is scheduled to be turned in-play is not suspended during the “off” period (and hence, unmatched bets are not canceled at that point). If, on the other hand, the market is purposefully turned in-play at a later time during the event.
2. Outcomes and market compensation
2.1 Market shall be resolved in accordance with the Particular Sports Rules.
Markets shall be settled according to the official result of the relevant governing body, regardless of any subsequent exclusion or alteration of the outcome (unless an adjustment is declared within 24 hours of the initial settlement of the relevant market in order to correct an error in the reporting of the result). This is the case if the Specific Sports Rules do not specify whether and on what basis the market will be established.
In situations where official outcomes from the appropriate governing body are not available, information from independent sources will be used to determine the outcomes. In these situations, within 48 hours of the settlement date, if any new information becomes available to the public, it must be decided (fairly) whether to: (i) reinstate or resettle the market in light of the new information, or (ii) wait for more information before making such a decision. Data that becomes public more than 48 hours after the market has been resolved will not be taken into consideration unless it has stated that it is waiting for it (regardless of whether or not such information may have contributed to a different conclusion).
It retains the power to halt market settlement for an indeterminate amount of time if there is any question about the outcome or potential outcome until the issue can be satisfactorily addressed. In the event that the ambiguity cannot be addressed to a level of satisfaction that is satisfactory, it reserves the right to nullify any market.
2.2 Acquiesces. Markets are often resolved right after the conclusion of the relevant event. As a purely customer service advantage, it may settle (or partially settle) other markets before the official conclusion is announced, or it may raise the client’s eligible-to-bet amount by the minimum potential wins of that customer on a certain market. However, it retains the power to modify the market settlement in the event that the official result deviates from the one that the market first determined.
This keeps the right to undo a market’s settlement if it is fixed incorrectly (due to, say, a human or technological error).
The client’s balance could be changed to reflect changes in the market settlement if a market is resettled.
2.3 Disqualifications and cash withdrawals. Subjects are always free to invalidate wagers in accordance with the rules. Clients ought to consult the relevant Specific Sports Rules.
3. Refusals, Cancellations, and Postponements
3.1 The Specific Sports Rules outline the various regulations that apply to different markets. The following will, however, take effect if the market’s Specific Sports Rules contain no clauses about cancellation, delay, or abandonment.
All bets on the markets for any match, fixture, game, individual event, or similar event shall be void if they are not finished within three days of the specified completion date, with the exception of bets on any markets that have been settled unconditionally.
Regarding any competition, tournament, or the like: all markets pertaining to the event shall be settled in accordance with the final decision of the relevant governing body, provided that the decision is made within ninety days of the scheduled date of completion, if the event is not concluded within three days of the scheduled date of completion. Bets on any market related to this event will be void if no formal ruling is made public within these ninety days, with the exception of markets that have been firmly established. In the event that the market is canceled but some bets have been partially settled as a client favor, such bets will be reversed, and all bets on the market will be void.
4. Modification of location
The Relevant Sports Rules outline the specific regulations that apply to certain markets. Nonetheless, the following will be applicable if the new location is not covered by the Specific Sports Rules:
If the planned location for any team sport is altered after Betbarter.com loads the market, all wagers will be nullified, but only if the new location is the home field of the original away team.
All bets will stand for any category or market, with the exception of team sports, if the planned location is altered after Betbarter.com loads the market.
All bets will stand should the scheduled surface type change after the market has been loaded.
5. Dead Heat
The Dead Heat Rule is applicable to wagers on a market if there are more winners than anticipated, unless otherwise specified in the Specific Sports Rules. The stake money is first reduced proportionally for each bet matched on a relevant winning selection by multiplying it by the total expected number of winners (as stated in the Market Information) split by the actual number of winners (i.e., stake multiplied by (number of expected winners/number of actual winners)). The leftover stake money is then sent to the relevant tiers, and the gains are then distributed to the successful backers on this “reduced stake” (reduced stake multiplied by traded price).
2. Particular Sports Regulations for Betbarter Trade
1. Zero Commission & Exchange Cricket
1.1 All wagers shall be deemed void if a ball is not bowled during a tournament, series, or match, with the exception of markets where the outcome has been decided upon in full (such as the “Completed Match” market).
1.2 Should inclement weather cause the game to be shortened, all wagers will be settled based on the official score (which, in the case of restricted overs matches, is decided using the Duckworth Lewis method).
1.3 All bets will be forfeited if a match is decided by a coin toss, bowl-off, or Super Over, with the exception of those on markets that have been decided upon in full. Please see the Super Over regulation below.
1.4 Test Matches
1.4.1 Betbarter.com reserves the right to cancel all bets if a game starts but is later called off for a reason other than bad weather (which can include, but are not limited to, risky or impossible to play wickets or outfield; pitch vandalism; strike or boycott; crowd protests/violence; stadium damage; acts of terrorism; and acts of God).
1.4.2 All wagers on the markets for this event will be void if the match is not anticipated to be completed within five days of the original anticipated completion date.
1.5 Limited Over Matches
1.5.1 Bets on any market related to the event will be void if a match is declared “No Result.” All bets placed after 30 minutes of the first day’s planned start of play will be deemed void in the event that a fresh toss for a restricted over match is held on the designated reserve day.
1.6 Super Overrule
1.6.1 Which team is going to win this Super Over?
When Betbarter.com is notified that Super Over is about to be played, this market is halted on the spot and then reactivated. At the start of the Super Over, the market will be put into play. Since this market will not be actively controlled, it is also the responsibility of each and every client to manage their positions. The number of runs each side scores in the first Super Over will determine how this market is decided. In order to avoid confusion, the market will be resolved as a Dead Heat if there are ties at the end of both innings in the Super Over. However, if more than one Super Over is played, the winner of the final over will be decided.
2. Exchange Soccer & Zero Commission Soccer
A “Material Event” is defined as a goal to be scored, a penalty to be given, or the dismissal of a player for the purposes of the Exchange Rules.
2.1. Betbarter.com maintains the right to cancel bets that are unjustly matched after a Material Event occurs if it fails to halt a market in a timely manner. These bets may be voted on in real time during the event or after the game has ended.
2.2 In the event that a video assistant referee (VAR) determines that a Material Event must be canceled, Betbarter.com shall nullify bets in the following ways for both the Material Event and its cancellation:
Bets that match the time a goal is scored and the time the video assistant referee completes the review will be worthless in the event that a goal is canceled due to VAR.
Bets matched after the video assistant referee starts the review will be invalid in the event that a red card is canceled due to VAR.
Any such wagers may be voided in real time during the event or after a game has ended.
2.3 If a Red Card or Penalty is given as a result of a video assistant referee ruling, that Material Event shall be considered to have happened at the moment the video assistant referee starts reviewing that (finally awarded) Material Event. Under such conditions, wagers that have been placed before the video assistant referee starts a review will stand.
2.4 For the avoidance of doubt, bets that are matched between the time the goal is scored and the conclusion of the video assistant referee review will be invalid if the referee decides to award a goal retroactively owing to VAR.
2.5 Unless Betbarter.com knows that a match has been postponed to be performed within three days of its initial start date, all bets will be invalid if a match fails to begin (or if Betbarter.com believes that a match will not have started) by 23:59 (local time) on its scheduled start date.
2.6 All bets are void if a match begins but is later abandoned or postponed, and Betbarter.com thinks the match won’t be finished by 23:59 (local time) on the day it is supposed to start. Unless Betbarter.com is aware that the match has been rescheduled to be played within three days of its original start date, all bets are void. All bets are valid if Betbarter.com is aware that the game will be played within three days and it is played within that time frame, with the exception of a restarted match. All in-play wagers will be lost if the game is replayed from the beginning.
2.7 All wagers for friendly matches are valid for the whole period allotted by the match authorities, including any stoppage time. All wagers shall be considered null and invalid if a friendly match begins, is later canceled or postponed, and is not finished (that is, played to the end, as determined by match officials, plus any stoppage time) within three days of the original start date. If match authorities are unable to provide a clear official result, Betbarter.com will (reasonably) assess the results based on data from reliable sources.
2.8 All bets matched on the related markets will be worthless if an official fixture contains different team data (e.g., the team name, age category, gender, reserves, etc.) than those provided on the Betbarter.com website. Bets will stand in all other situations (even those in which a team name is mentioned without using the term “XI” in the name). The right to cancel any bets matched on the impacted markets exists if an official fixture appears on the Betbarter.com website under an inaccurate competition name.
2.9 Only Regular Time (90 minutes + Injury time) is eligible for all bets. Penalty shootouts eventually become invalid.
3. Exchange Tennis and Bookmaker Tennis (Zero Commission Tennis)
3.1 The player or coupling that advances to the following round (or wins the tournament in the event of a final) shall be declared the winner in the event that a player or paring retires or is disqualified in any match. All bets on that specific match will, however, be invalid if fewer than one set has been played at the time of the retirement or disqualification.
3.2 Should the scheduled venues shift, even to a different kind of surface, all bets will remain valid.
3.3 All bets are worthless, with the exception of those on markets that have been decided unconditionally, if the number of games or sets needed to win is altered from the anticipated duration of the match. Please be aware that this does not apply to “dead rubber” matches that are shortened from five sets to three sets after the market has been loaded or to “Match Odds” markets on Davis Cup matches, as long as the match has been abbreviated in compliance with the competition’s regulations.
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