GENERAL BETTING RULES OF CLEVERPATH HOLDINGS LTD
For the purposes of these regulations, the following phrases - words shall be interpreted as follows:
“Company” - Is CLEVERPATH HOLDINGS LTD, with the trade name Megabet Plus.
“Performance” - It is the price offered by the “Company” for a specific “Bet”. The “Performance” represents the amount paid by the “Company” for every “Bet” won, valued of one betting unit.
“Coupon” - Description of offered “Bets” offered by the “Company”, and which are printed in printed or electronic form for betting and public information purposes.
“Betting Slip” - Each “Slip” is the only contract between the “Company” and the “Customer” showing the existence and the ownership of the “Slip” on behalf of the “Customer”. Registered “Bet”, printed from a betting terminal of the “Company” which describes the “Bet” and which the “Customer” receives as a receipt. The “Betting Slip” includes information in relation with the date and time of submission, the unique recognition code, the facts selected by the “Customer”, the times those “Slips” are held, their “Performance”, a description of a “Betting” type, and other details.
“Bet” - A valid bet that was validated by the “Company’s” betting terminal, was submitted at the “Company’s” central computer system, and a “Betting Slip” was printed for it.
“Customer” - A person that participated at the “Bets” organised by the “Company” and for whom at least one Bet has been accepted by the Company’s central computer system.
“Regulation” - The current document, describing the general terms governing the “Bet” between the “Company” and its “Customers”.
“Regulations” - The regulations are available into the Greek, the English and the Turkish languages, for information purposes. If there is a dispute between a customer and the company, or if there is a disagreement in the interpretation of the terms relating to the regulations between the Greek, the English and the Turkish publications, the issuance of the Regulations into the Greek language will prevail.
“Profit calculation date” - The time where a “Bet” is determined and submitted as winning, during the procedure conducted by the central computer system.
“Live Bet” - is the bet on the event that is ongoing.
1.1. ACCEPTING TERMS’ REGULATIONS
Ο It is considered that the customer has accepted these Regulations from the time that they have been electronically registered at the Company’s website, and at the time that the bet was placed.
1.2. ΕΝΑΡΞΗ ΙΣΧΥΟΣ ΚΑΝΟΝΙΣΜΩΝ
These “Regulations” are applied by …………. and govern all the “Bets” that are accepted by the “Company” regardless of whether the “Customer” has been informed for them. The Company reserves the right to make changes to these Regulations, provided that an approval has been taken by the National Betting Authority, informing its customers on the changes. However, if there is a dispute, the “Company will try to solve the “Customers’” complaints directly with the “Customers”. The “Company’s” “Customers” must read, accept and follow the following “Regulations”. Later on, upon the issuance of a Betting Slip, the acceptance and understanding of the Customer’s Online Website’s Regulations is being documented.
1.3. ACCEPTING BETS
“Bets” become accepted only by adult customers (18 years and over).
1.4. VALIDITY OF ACCEPTING BETS
No “Bet” with credit is valid. The “Company” reserves the right to refuse, at its own discretion, accepting a complete or part of any “Bet”. Only “Bets” that end up on the Betting Agency’s computer files and -by extension- on the “Company’s” computer files shall be validated and be accepted. The Company accepts online betting (including bets via mobile devices or applications that can be stored on a mobile device). Bets shall not become accepted in any other way (by post, by email, etc.), and where they will be received, cancelled, won, or lost. It is the Customer’s responsibility to secure that the bets’ information is correct.
1.5. TIME OF ACCEPTING BETS
Η The “Company” reserves the right to declare any “Bet” / selection in its network as invalid, after the start of the sporting event, to which the “Bet” / selection is referred, with the exception of live “Betting” (“Bets” during the game). This right of the Company shall also be enforced for the games that start prior the determined game time (pre-game).
1.6. VALIDITY OF BETS
Every certified Bet from the Company shall be submitted at the general Server, as well as a second backup server, for security reasons, which shall be named as ‘security file’. The Odds valid at the time the Bet is recorded, are the ones based on which the possible profits shall be calculated. Any details listed on the computer, concerning the minute of the match (if the Bet is conducted in Live Betting matches), or the match statistics at the time the Bet was placed, do not tether the Company.
1.7. DETAILS OF ACCEPTING BETS - CHANGING ODDS
Ο The minimum number of options that can be selected in one event (“Bets”) permitted by combination, and any other restrictive element, are indicated by the computer, prior to the bet is validated.
The “Company” reserves the right to change any “Odds”, at its discretion. The real “Odds” for any selection always remain the “Odds printed electronically during the validation at the “Betting Slip”, unless it is a typing error (see reg. 1.15). That is the reason that the “Customers” are encouraged to check their “Betting Slips” with particular care.
The “Company” reserves the right to stop offering a match, prior to its start or during the match.
Η The “Company” reserves the right to cancel all repeated/similar/same betting slips that were submitted by the same customer or a group of people, and also to withhold their payment, if they judge that the customer’s act to submit the same or similar slips with the same or similar content is intentional, to avoid the approval of these particular bets. The Company must give the appropriate reasoning for the said cancellation at the National Betting Authority.
1.8. CONNECTED BETS
Relatives (options with reasonable connections) such as CHELSEA winning 2-0 and CHELSEA leading in the first and second halves, are only accepted, after being offered for bet by the “Company”, and where cumulative errors are received “Bets”, the “Bet” will be divided equally for each reported probability. One exception to this rule is
a) the Bets where a special type of Bet with a specific performance is offered for these connected selections.
b) when the Company strictly mentions the regulations, and at the Betting offer that these specific Bets are combined.
Cases where two relevant possibilities can be combined are specific and are arranged as follows:
a) “First goalscorer” and “Correct score” - The performances of the two selections are multiplied and the result is reduced by 50%.
b) “Last goalscorer” and “Correct score” - The performances of the two selections are multiplied and the result is reduced by 50%.
c) “First goalscorer” and “Time of first goal” - The performances of the two selections are multiplied.
d) “Last goalscorer” and “Time of first goal” - The performances of the two selections are multiplied.
e) “Anytime Goalscorer” and “Time of first goal” - The performances of the two selections are multiplied.
1.9. VAGUE BETS
Η The “Company” reserves the right to consider singles or groups of vague “Bets” invalid, even if the “Customer” has received the “Bet” receipt. The cancelled “Bet” is then returned if requested by the “Customer”.
1.10. PAYMENT OF PROFITS
Η The payment of the profits shall be made immediately from the moment that the event’s result was announced and arranged by the Company. The profits shall be transferred at the customer’s account, on the website.
Any “Bet” that has been won, can be cashed out only with the use of an e-card information that has been submitted by the “Customer” during their electronic registration at the “Company’s” registry. If the result of an event cannot be officially verified, the “Company” has the right to delay any payment until the official verification. If there is a wrongful calculation of profits, the “Company” reserves the right of correction, before but also after the profits’ payment.
If, at the “Company’s” judgement, there are basic indications that actions have been taken to determine the outcome of a match, or if there are any indications according to which the reliability of a match is disputed, the “Company” may suspend the payment of profits, or deduct the arranged profits from the account balance of a customer, until the relevant investigation has been completed by the competent authorities, and/or until the final determination of the existence of the above. In such cases, after the competent authorities determine the above, following an investigation, the relevant bets shall be cancelled.
If there is a suspicious betting activity, the “Company” reserves the right to cancel any slip, or delay/deduct the profits to a customer, until the relevant investigation is completed by the competent bodies.
1.11. MAXIMUM LIMIT OF PAYMENTS
Every “Bet” is subject to a maximum profit that is determined by the “Company”. The maximum profit for every “Bet” offered by the “Company” is listed in special annex A that is attached with the “Regulations”, as well as in the following paragraph. In such cases, the limits mentioned on the “Regulations” always apply. Limits that can be posted at any site of the “Company” (“Coupons”, webpage), are valid only if they are not mentioned on special annex A, attached with the “Regulations”. Where a multiple bet that includes facts with different maximum profit limits has been placed, then a lower limit shall be valid. All maximum payment profits are valid for each customer, separately, or for a group of customers acting together, including bets with the same selections, including a series of bets in a different price range, at a number of days where different betting accounts and/or different betting networks are being used. If we have any reason to believe that a number of bets has been placed in this way, the total payment for all bets that have been combined shall be limited to one and only maximum pay-out.
SPECIAL ANNEX A
The highest payment limits by customer are determined as follows:
- €70.000 for all the international Men’s matches, and the following events: English Premier League, Championship, League 1, League 2, English Cup, Spanish Division Premier, Italy’s Serie A, German Budesliga I, French Ligue 1, UEFA Champions League and UEFA Europa League, Final Results (1-x-2) only. The remaining types of bet €30,000 only.
• -€50.000 for the following events: Australian A-League, Scotland’s Premiership, English National League, Norway’s Tippeligaen, Portuguese Primeira Liga, Sweden’s Allsvenskan, English League Cup, Spain’s Segunda, Italy’s Serie B, Germany’s Budesliga II, French Ligue 2, Denmark’s Superliga, Dutch Eredivisie, Finland’s Veikkausliiga, Japan’s J-League, Norway’s Adeccoligaen, Sweden’s Superettan, USA MLS, Austria’s Budesliga, Belgian Premier Category A, Denmark’s 1st Category, Scottish Championship, Scottish League 1, Scottish League 2, Switzerland’s Superliga, Greece’s Superleague and Turkey’s Super League, final results (1-X-2) only. The remaining types of bets €20,000 only.
• €20.000 for all Cypriot matches of the 1st Category and Cyprus Cup for all types of bet.
• €20.000 for all the other football events and preliminary rounds of all events, including preliminary rounds of UEFA Champions League, Europa Liga and FA Cup, (not valid for the prelimnary rounds of International Men’s Matches). Final Results (1-X-2) only. The remaining types of bet €10,000 only.
•€5000 for all Cypriot matches of B and C Category at all types of bet.
• €30.000 for all long-term bets (antepost/outrights).
• The Maximum payment for all the Other Sports is €15,000 (including Beach Soccer/Hall Football/Futsal and Beach Volley, and all long-term bets (antepost/outrights).
• If, for any reason, no maximum payment limit has been set for some type of bet, then the maximum payment limit is determined at €10.000.
A “Bet” with football selections out of which the first selection concerns a Cypriot match, is mandatorily calculated with the maximum limit of Cypriot matches (if the maximum payment limit for the Cypriot matches is smaller). E.g., Man Utd, Chelsea, Bayern, Omonoia (Maximum payment limit 20,000€)
All maximum payment limits mentioned at those rules, apply for any “Customer”, or for a group of customers that bet jointly, and bet with the same or similar subject matter selection/s, even if this is made in a series of “Bets”, in a series of prices, in a few days. If the “Company” has a reason to believe and judge that a number of “Bets” has been played at this way, the final payment of these “Bets” in combination will be limited in a single maximum payment, as has been mentioned above.
1.12. TYPING ERRORS
If there is a wrongful printout, errors in the receipts, or obvious errors in the information that have been imported through the “Company’s” computer, the “Company” reserves the right to cancel such “Bets” or, at its discretion, to settle such “Bets” at the correct percentages, “Odds”, even if revealing the error is made after the event is completed. If the odd price is an obvious error, the betting slip shall be arranged based on the correct odd. The cancelled “Bets” are always returned at the “Customer’s” account. The “Company” has no liability for the validity of the information providing to its “Customers” concerning event dates and start dates, scoring or any other information that may be considered as important by the “Customers”. Errors made by the “Customer”, the “Company’s” staff or its branches are not recognised. The screening of all “Bets” for any profits shall be made based on the “Regulations”.
An obvious typing error shall be considered
A) Any “Performance” that is at least 30% higher or lower than the average of prices for the specific “Bet” or combination of “Bets” given by the Cyprus betting companies (the ones holding a legal “Betting” permit from the Republic of Cyprus).
B) If there is information from the company’s performance partners (Sportadar, betgenius, etc) that they have sent and imported wrong performances on the company’s servers.
The performance partner reserves the right to cancel or to correct their own errors.
1.13. REQUIREMENTS AND IRREGULARITIES
Wherever there is proof of irregularities at matches, or at any other event, the “Company” reserves the right to cancel or to postpone the payment of the selection disputed, until the completion of the conducted research by the official competent body of any relevant sport is made. The “Company” will claim criminal sanctions against any “Customer” involved in a fraud, dishonesty or criminal acts. The “Company” will withhold a payment to any “Customer” whenever there is any suspicion or indications regarding any of the above. The “Customer” shall compensate and shall be legally liable to pay the “Company” by claim, all expenses, charges or damages that exist or will burden the “Company” (including any direct, indirect or subsequent damages, loss of profit and reputation) and which come directly or indirectly by the fraud, dishonesty or criminal act of the “Customer”.
The company reserves its right to withhold a payment and cancel any Bets in an event, if there is proof that the following has happened:
(a) there are questions regarding the event’s integrity
(b) if the Odd(s) or the Bet has been exploited, forged
(c) if there is tampering, a “manipulated” game
Proof of the above may be based on the size, the volume, or the structure of the Bets that have been made to the Company, via any or all of our betting procedures.
Any decision taken by the competent body of the sport, or court in question (if any), shall be convincing and final. If any Customer owes any money to the Company or to any of our Representatives for any reason, we have the right to take that into consideration before making any payments to this Customer. Where there is proof regarding a series of Bets, where each one includes the same selection or selections and there has been a Bet by the same person or consortium of persons, the Company reserves its right to cancel the Bets or to withhold the payment of profits when the result of such research is pending.
1.14. COMPLAINTS - BETTING DISAGREEMENTS - DISPUTE SOLUTION
You may express your complaints with the necessary details regarding any issue, and send them to the “Company” via email or fax. Also, based on the Directive no. 20/2017, pursuant to the provisions of article 22 (g) on the Betting Law 2012 106(Ι)/2012, as each amended or replaced according to the Authority’s Responsibilities that determine the procedure of submission and examination of complaints’ procedure towards the Authority, or a licensed receiver Class B. If the specific complaint or request cannot be resolved with a mutual consent, then it shall be referred to an arbitration based on the arbitration law, Chapter 4 of the Republic of Cyprus.
Ο The complainant may refer to the three-member committee that has been appointed from the National Betting Authority, for the examination of complaints or violations. The committee has the responsibility to hear any witness and to take written statements from any involved persons owing to state any relevant information. The procedure is analysed in detail in the directive no. 20/2017. After the procedure is completed, the three-member examination committee states its finding at the Authority to take a decision.
The National Betting Authority’s information is:
• Address : 83, Digeni Akrita street, PO Box 1070, Nicosia, Cyprus
• Tel.: +357 22 881800
• E-mail address : firstname.lastname@example.org
1.15. ADDITIONAL REGULATIONS
Η The “Company” reserves the right to amend the “Regulations” with a relevant announcement. Any previous “Regulation” of the “Company” is considered invalid, since a new “Regulation” is issued by the “Company”, concerning that “Regulation”. It is provided that any amendment firstly needs approval/permit from the National Betting Authority.
1.16. CLOSED, POSTPONED OR MATCHES THAT HAVE NOT BEEN CONDUCTED
The result at the end of the event shall be considered as the final result. All football “Bets” shall be calculated based on the regular duration of a match (including the delays). Any extra time or penalty, or a Golden goal procedure are not taken into consideration. If there is a final termination prior to the end of the event, any selections that have already been judged (at their whole or part of them), are considered valid. Any selections considered to be judged at their whole are the selections which are already lost or won, based on the result at the time that the match was terminated and there was no chance of changing their result, if the match would continue. For example, in football, if the hypothetical match ARSENAL - LIVERPOOL stops at 65’ and the result is 0-0, then all “Bets” that have not been judged are void but, e.g. the half-time bet selection is won, which has already been judged (result X), and any other selection that has already been judged. In this case, the ones that placed a bet at the X half-time result, and the ones that placed a bet at half-time 1 or 2 result lose because, if the match continued, then their “Bet’s” result would not change. Everyone that placed a bet at the prediction of a correct result of the match 0-0. they take their “Bet” money back because, if the match continued, then the result could change. If an event/match stops and continues within 24 hours from its start from the minute it is stopped, then all open “Bets” concerning the specific event/match will be arranged based on the final result. In a different case, wherever an event does not continue from the point it stops but it starts from the beginning, then all “Bets” shall be arranged as void with “Odds” 1.00 (unit). Any predictions for matches not conducted or postponed, or for any reason, they will remain valid for 24 hours from their planned start date. If there is a 24-hour lapse, and the match is not made, they will be considered as void at the “Betting Slip” and for profits’ calculations purpose, they are considered as void with “Odds” 1.00.
If the date and start time that have been inserted on the “Company’s” computer are after (by a mistake, or for any other reason) the basic date and time of the event, and the event is, either in progress or has ended, all the selections for the event shall be subject to cancellation and the “Bets” shall be compensated, with the exception of the live “Bets” (“Bets” during the game). When a “Bet” consists of several selections, and one or more of the facts referring to is already in progress or has ended at the time that the “Bet” had been received by the “Company’s” network, the selection (selections) are calculated with a percentage of 1.00. The remaining selections are valid and shall be recognised.
A “Bet” (PREMATCH) €20 Total of 5 teams, given the fact that there are at least three (3) acceptable selections.
If BARCELONA and REAL MADRID have already started when the “Bet” became acceptable by the “Company”, the “Bet” shall be considered as a “Bet” of 3 teams, with a value of €20, with BARCELONA and REAL MADRID evaluated with a percentage of 1.00.
1.17. MATCHES NOT CONDUCTED AS DISPLAYED, AND A NEUTRAL FIELD
The announcements for matches played in a neutral stadium are made for information purposes only. The “Company” will always try to inform on any change of home ground or any conduct of a match in a neutral stadium. The “Company” will not be considered liable if they do not announce/inform about a match played in a neutral stadium.
When a match is played in a home ground that is opposite from the one displayed on the computer, is void unless it is a match played in a neutral stadium. If a team has a different opponent than the one indicated on the Coupon, then the match is void again. When a match is played in a neutral stadium, for betting purposes, the team displayed on the left side shall be considered as the home team.
A neutral stadium for Betting purposes always results from a punishment of the home team. In any other case, the stadium is not neutral, unless the competent federation under which the particular game is played, determines a neutral stadium for that match (final of the tournament, etc.). The selection of a match played in a neutral stadium is void, unless the match is played in a neutral stadium and is displayed on the slip with the events and odds.
The Company does not have to display if a game is conducted in a different field than the one of the home team, but it is not considered as neutral by the competent authorities. However, if the Company displays the field of the home team, it does not mean that it is considered as neutral.
If a team selects a specific stadium (other than its natural home ground) for a number of matches for various reasons, it is not considered to be neutral.
When it comes to betting on goals, every own goal counts for the opponent team and not for the one that scored that goal.
At times, there are matches/events (friendly matches, youth matches, Football e-sports or/and others) of any sport, which are planned to last less or more or differently (time period of half time/periods) from their regular normal duration (of the events that take place). In such cases, if the company does not clarify the correct time duration in its Betting offer, then the Bets on those matches shall be cancelled, except of the cases of football matches, where the following will apply:
Only in cases with matches/events that last 90 or 80 minutes and have some differences shall be valid and will be arranged as follows:
– 90 minutes of a planned game (to which the half times are more than 2 and their duration is different than 45 minutes, e.g., 3 halftimes of 30 minutes).
The Bets (before the start of the game but also during the Live Betting) of a normal duration shall be considered valid. The Bets (before the start of the game but also during Live Betting) of a halftime shall be considered invalid.
– 80 minutes of a planned game (to which the half times are more than 2 and their duration is different than 40 minutes, e.g., 4 halftimes of 20 minutes).
The Bets (before the start of the game but also during Live Betting) of a normal duration shall be considered valid. The Bets (before the start of the game but also during Live Betting) of a halftime shall be considered invalid.
– 80 minutes of a planned game (to which the half times are more than 2 and their duration is different than 40 minutes, e.g., 4 halftimes of 20 minutes).
The Bets (before the start of the game but also during Live Betting) of a normal duration shall be considered valid. The Bets (before the start of the game but also during Live Betting) of a halftime shall also be considered valid.
In different cases, where the regular duration of the match isn’t 90 or 80 minutes and this has not been clarified from the beginning by the Company, the match will be considered void and the Bets made on it will be paid with Odd of 1.00 (one unit).
The Company has no liability and does not have to inform its clients for the match’s right time schedule. It is the clients’ liability to know the right time schedule before they place their Bet.
The match referee is responsible to decide when a halftime is over. The Company will not have any liability if the full, allotted planned time is not played (time of injuries, or other), after the referee’s decision. Any disputes concerning the match’s planned time shall not be a reason for cancelling the Bet.
In a friendly match of 90 minutes, the referee decides to whistle the end of the regular duration of the match after 85 minutes. For purposes of arranging the Bet, the match has covered the full duration, according to the referee and will be arranged as a regular match with this final result.
The Company has no liability if there is an error in the name of the team/player/competitor, by error or failure. If the name of a team is written in a wrong way and the interpretation is ambiguous or different from the real one, then the specific selection of the team is void. If the name of a team is written in a wrong way and the interpretation isn’t ambiguous, then the specific selection of the team is valid. Examples:
If a match is played for the Youth Championship of under 20 years old, something that is mentioned on the Company’s tenders and the match that is indicated and offered in hte system as ENGLAND - FRANCE (without listing U20 next to the name), the selections in the game shall normally apply.
If a match for an event is held in England and the match is listed and offered in our system as MAN UTD - LIVERPOOL, while for advertising or other purposes, LIVERPOOL has changed name for the specific season and is officially listed in the event with its advertiser’s name and not LIVERPOOL, the in-game selections normally apply.
If a match is held for any event mentioned in the Company’s tenders, and the match is listed and offered in the system with a spelling error which does not affect the real interpretation of the team’s name mentioned, then the selections in the match are valid, e.g., if the match for an event in England is listed and offered in our system as MAN UTD - LIVERPOOL M or MAN UTD - LIVERPOOL, then it normally applies.
There may be teams with the exact name in the Company’s computerized system, which however, clearly appear to be competing in different events. In such cases, the Client is initially bound by the event’s selection, and not by the team’s name. For example, there is a case in the Company’s computerized system for BARCELONA to be competing in the Men’s championship, but also BARCELONA competing at Women’s championship. Then, the Client must make sure that the event for which they want to bet is listed correctly on their Bet.
If there is a long-term bet, if there is a Bet in a team whose name changes during the event, the Bet’s selections in the particular team are normally valid, given that it concerns the same team to which the Bet was mentioned when the Bet was played, and not in a new team which was created at a later time.
1.18 USE OF VAR
a) If the VAR use is requested, the fact that led to the referral will be considered, for the purposes of these regulations, that it would happen in real time (and not at the time the decision is set). For example, even is somebody has chosen to score at the tenth minute 20:00-30:00, and it is noted at 28:36, where at the same time, the assistant makes an indication for offside. If there is a use of VAR and the goal is considered normal as goal time will count at 28:36 and the market will be considered as won.
b) If we have settled a Bet and, due to a subsequent VAR decision, it is found that this arrangement was inaccurate, we reserve the right to reverse the arrangement (under the condition that the VAR decision occurred before the end of the match or any other time schedule relevant with the Bet). If we have accidentally accepted a Bet during a VAR examination, we have the right to cancel it.
c) The Bets placed between the occurrence of an incident that leads to a VAR review and the relevant
VAR decision will be considered void unless:
1) the VAR review (and subsequent decision) did not ultimately change the original decision.
2) the VAR review (and subsequent decision) amended the initial decision but did not substantially affect the particular Bet (e.g., in the case that the incident, which is examined via VAR, is not related to the outcome of the specific Bet). All Bets that were not affected by the VAR review (and subsequent decision) shall apply.
3) Regarding the settlement of Bets, it will be considered that VAR was used, if it is understood by the referee’s gestures (e.g., gestures or interruption of the match in order for the incident to be reviewed) and/or the VAR usage is confirmed by the report of the match that was issued by the official body of each event that is ultimately responsible for the supervision of that match. In cases where it is not clear whether the VAR was used due to lack of TV coverage or/and specific references, the Company shall arrange the Bets based on the information they have from its providers, or from any reliable online or non-reliable source.
1.19 CUSTOMERS’ LIABILITY
Ο By submitting the “Betting Slip”, the “Client” declares irretrievably that they have read, understood and fully accepted the “Company’s” “Regulations”, as they are uploaded on our official sites, and they recognize that the acceptance of the “Betting Slip” is subject to control and ascertaining its compliance with the “Regulations” and the “Company’s” announcements.
1.20 TECHNICAL ISSUES
Η The “Company” has no liability if it has been impossible to validate a “Bet” due to technical issues.
2.1 RESULTS THAT HAVE BEEN DIFFERENTIATED
The results are the ones recognized within the field, or the podium of winners. Any results that are due to legal, disciplinary or other decisions that alter the results or the terminal order, shall not be taken into consideration. As long as the investigation of the competent body is made on the same day of the event, then its result will be used and shall apply, if made on the same day or any other moment in the future, and overturns the event’s result, it shall not be taken into consideration. E.g., if Hamilton wins Monza’s Grand Prix, and he is cancelled by the FIA on the next day for a misdemeanour, all “Bets” including Hamilton winning Monza’s Grand Prix shall apply and will be settled as being won.
ANTE POST: In the cases of tournaments where playoffs are being taking place, the final rank of the grading table shall be valid only after the completion of the playoffs at every tournament.
2.2. PLACEBET (a bet to a team in order to pass)
Ο The “Client” chooses the “Bet” place, as long as they want to support a Team/Athlete/Guide to terminate in a position, predetermined. The profit depends from the specialists for the place terms, regarding the specific event.
If below the “Odds” of winning a championship is the sentence ‘1/4 ‘ODDSINPLACES 1,2’, the “Client” wins the 1/4 of the profit offered for winning, if the team to which the bet was placed terminates in the top two (2) positions, or, if under the “Odds” of winning the championship is the sentence ‘1/3 ‘ODDSINPLACES 1,2’, the “Client wins the 1/3 of the profit offered for winning, if the team to which the bet was places terminates in the top two (2) positions.
2.3. DEAD-HEAT REGULATION
If an event ends in equal amounts, with more than one winner, where only one winner had been taken into consideration, the tie regulation (DEADHEAT) shall count. A deadheat result is a result during which two or more competitors share a final position.
If two competitors share the final position, the selection is considered as won and lost by half, and by consequence, also half of the stake amount is arranged with full percentages (“Odds”). Example:
If 3 players share, the position of the first scorer at the world cup, then the scoring amount is shared analogically (1/3 of the scoring amount X the odds).
2.4. LONG-TERM BETS (ANTE POST)
In tournament winner Bets, the final result is the one after the end of the event, including the play offs and other qualifying matches, if any. If there is a final tie of 2 or more winners where there is no criteria for the winner (e.g. play offs of qualifying matches), Regulation 2.3 - Regulation DEAD-HEAT applies.
If an event is stopped following a force majeure, or after the decision of the competent federation/authority, and it is not continued, then all Bets in the teams participating in the particular event will be void and will be paid with Odds of 1.00 (one unit) (regardless of whether the competent federation/authority decides who will be the winner of the event), except from the event’s selections, which have already been judged (in whole or partially). Any selections considered to be judged (wholly or partially) are the selections which are already lost or won, based on the result at the time that the match was terminated, and there was no chance of changing their result, if the event would continue.
If a team/player participates in an event and does not complete all of their games following their decision, or following punishment, then all Bets concerning [the team/player] shall be considered lost, except for the selections that have already been judged (in whole or partially). Any selections considered to be judged (wholly or partially) are the selections which are already lost or won, based on the result at the time that the match was terminated, and there was no chance of changing their result, if the event would continue.
For the Top Scorer selections, only the goals/points scored in the particular event that the Bet is placed are calculated, regardless of the team which the scorer refers to. The team listed next to the Scorer’s name is simply for informative purposes and does not bind the Company or the results. The goals of the Top Scorer’s selection do not include any own goals by the same player or any other player, but also goals scored from any penalty shootout in any match, after overtime.
If there is a tie between 2 or more players, regulation 2.3 - Regulation Dead Heat applies.
2.4.B SPECIAL ‘LIVEBETTING’ REGULATIONS
Η The ‘Live Betting’ Market will be offered before or during an event, exclusively from the ‘Live Betting’ platform. The “Odds” shall be constantly renewed to reflect the image of each event. For avoiding not accepting a “Bet” due to the change of one or more “Odds”, the “Client” may accept the selection “Accept Odds changes” while placing a “Bet”. Where applied, the statistics given to as by the ‘Live Betting’ service supplier, they will be used to arrange “Bets”. If an event that is covered by the service supplier stops or is interrupted due to a technical issue and causes the incorrect display of “Odds” or the incorrect calculation of profits, then the supplier will cancel all “Bets” that will be placed during the time that the aforementioned issue happens. Therefore, due to its obligations based on a contract with the service supplier, the “Company”, reserves the right to cancel such “Bets”. Where there is no statistics for the service supplier, taped recorded receipts will be used in order to support a way to settle the “Bet”. If, for any reason, there isn’t any recorded receipt, an independent receipt shall be used, and the “Bet” shall be settled, based on the majority of the independent opinion. When this is not clear, wherever applied, the webpage of the official competition shall take priority.
Η Due to its obligations based on a contract with the service supplier, the “Company” shall apply the following:
If the result of a purchase cannot be determined by official sources, the “Company” reserves the right to delay the payment, until the official results are announced.
If a purchase is offered and the result of the event is known, then the “Company” reserves the right to cancel the “Bets” of the particular purchase.
If there is an obvious error in the “Odds”, the “Company” reserves the right to cancel the “Bets”.
If the retransmission of an event is interrupted due to technical issues and the match is completed, then all the purchases for the specific match shall be settled based on the final result.
If there is an incorrect settlement of a purchase, the “Company” reserves the right to correct it at any time.
In case the basic regulations of a sport are violated, the “Company” reserves the right to cancel the purchase (e.g., differentiation during an event, at the
regulations of an event, etc.).
If an event is not completed or not performed (e.g., due to a dismissal, interruption, withdrawal, change in the draw), it shall be considered as invalid, except in the cases where the result has already been judged.
All purchases (other than the halftime, overtime and the penalties) will be calculated based on the event’s regular duration.
If an event/match stops and continues within 24 hours from its start from the minute it is stopped, then all open “Bets” concerning the specific event shall be arranged, based on the final result. On the contrary, all open “Bets” shall be considered as invalid. Wherever an event does not continue from the point it stops but it starts from the beginning, then all “Bets” shall be arranged as void.
If a purchase remains open, while the various events have already been happened: goal, yellow, or yellow-red card, penalty, then the “Company” reserves the right to cancel the “Bets”.
If a purchase opens with an incorrect red card, or by omitting one, then the “Company” reserves the right to cancel the “Bets”.
If the “Odds” offered concern a match with an incorrect start time (over 5 minutes), then the “Company” reserves the right to cancel all “Bets”.
If an incorrect result is submitted, then all purchases will be cancelled from the moment of that incorrect submission.
If the names of the teams or the category are given incorrectly, then the “Company” reserves the right to cancel all “Bets”.
Η The yellow card counts 10 points and the red or yellow-red as 25. The second yellow to a player that leads on the red one, does not count. As a result, some player may not record more than 35 points.
Η The yellow card counts for 10 points and the red or yellow-red as 25. The second yellow to a player that leads on the red one, does not count. As a result, some player may not record more than 35 points.
Η The arrangement will be made based on all evidence available, for the cards that were given during a match.
Cards given after the match ended do not count. Cards to non-players (players having been substituted, coaching staff, players on the bench who have not been substituted), do not count.
Corners that were given but their execution did not happen, shall not count.
Corners given but not executed shall not count.
Own goals will not be calculated for the purchase of Anytime Goalscorer and shall be ignored.
Own goals shall not be calculated for the purchase of Next Goalscorer and shall be ignored.
The football players playing from the start of the game or from the moment the previous goal was achieved, are considered as runners.
All football players participating in a match are offered for betting. If a football player scores a goal and is not listed, then all “Bets” at football players that are on the list, apply normally.
Η The purchase shall be settled based on the TV coverage and the statistics provided by the various Media, unless that there is any evidence that the particular statistics are incorrect.
2.5. SAFE BET
“Bet” is fun for adults, and it’s not a way for someone to make money. Do not challenge your luck. Bet only as much as you can afford to lose. The Company has applied some features in the lucky games ‘system, permitting the players to bet responsibly. For many people, lucky games are exciting and entertaining. They make cautious decisions as to how to pass their time and spend their money, where to go, and how to have fun. When a player loses the sense of having fun that -occasionally- lucky games create, as a goal, this means that he/she has a problem. They may start to examine lucky games as a way to make money, or worse, to try and earn the money that they lost in the past. They often believe that they have particular luck, or the abilities, or that their luck can change. When you bet to cover your losses, or/and you continue to bet more, the result is a vicious circle of increasing the losses and increasing the bet in order to recover the losses. If you believe that you have any problem with gambling, please advise the multiple intervention consulting centre (22465616, 22465619). Otherwise, you can send an email, or fax to the “Company”, and think of the possibility to withdraw. Also, the new Cyprus webpage of the National Betting Authority can help you control your problem (https://safergambling.gov.cy/en/)
2.6. PROCEDURES AGAINST MONEY LAUNDERING
Η The “Company” is using procedures against money laundering and suspicious transactions shall be mentioned to the relevant authorities.
2.7. MINIMUM AMOUNT FOR BETTING
The minimum amount is 1€ per “Betting Slip” and 3 cents (0.03c) per line.
2.8. BETTING IN CYPRIOT MATCHES
Based on article 22 of R.A.A. 102/98, a bet on the match results with Cypriot Teams, either in Cyprus territory or abroad, is only allowed when in combination on the results of matches of at least three more teams from abroad.
© 2021 Cleverpath Holdings Limited, all rights reserved. Megabetplus is a registered trademark.
Cleverpath Holdings Limited, with registration number HE354119, is a company registered in Cyprus with registered address at Strovolos avenue 124, 1st floor, office 101, 2042 Nicosia, and which activities are licensed and regulated by the National Betting Authority of Cyprus under Class B bookmaker's licence No. B0011 (Date of issuance: May 12, 2021).
Warning: Gambling can be addictive, play responsibly. Players must be at least 18 years old. Use of betting services by persons under the age of 18 years old is strictly prohibited by the law.