Sports House Rules

Last updated: August 28, 2023

These Bally Bet House Rules (the “Sports House Rules”) govern the use of the Bally Bet Platform (as defined in the Bally Bet General Terms and Conditions) and are part of the Bally Bet General Terms and Conditions. The Sports House Rules apply in relation to the markets offered and bets placed on the Bally Bet Platform.

Bally’s reserves the right to amend the Sports House Rules at any time subject to regulatory approval by the New York State Gaming Commission. Any such revision will be binding and effective immediately upon notification to customers of such rule changes and any bets accepted after the rule changes have been posted shall be governed by the updated Sports House Rules.

Bally Bet Account Holders should make themselves aware of all the Sports House Rules affecting any market on which they wish to place a bet.

A. CONDITIONS OF AGREEMENT

1. INTRODUCTION

a) When placing a bet with the Bally Bet Sports Book, the Account Holder agrees that they have read, understood, and agree to be bound by the Sports House Rules, the Bally Bet General Terms and Conditions, and the Bally Bet Privacy Policy.

b) The use of the Bally Bet Sports Book is subject to the regulations imposed by the New York State Gaming Commission. To the extent that any decision issued by the New York State Gaming Commission conflicts, or is inconsistent, with these Sports House Rules, the decision issued by the New York State Gaming Commission will supersede any relevant clause(s) of these Sports House Rules.

c) Bally Bet reserves the right to make changes to the Sports House Rules including, but not limited to, betting limits and offerings.

d) Should it be applicable, any reference to the Bally Bet Platform and its contents is also to be considered as applicable for Casino/offline/land-based environments, including Self-Service Terminals (SST), Over The Counter (OTC) and Bring Your Own Device (BYOD).

e) Only eligible individuals 21 years of age or older, not prohibited from wagering, and physically located in the State of New York may place a bet on the Bally Bet Sports Book, and only on activities that have been authorized pursuant to New York law and which are approved by the New York State Gaming Commission.

f) Individuals may not act as an agent or proxy to place a wager on behalf of another. Each Account Holder may only have one account registered to his or her name. An Individual is prohibited from operating the account of another.

g) Any reference in these Sports House Rules to words and/or objects that appear in singular also applies to plural. References to gender, if any, are non-binding and to be treated for information purposes only.

2. DEFINITIONS

a) “Account Holder” means “a user of the Bally Bet Sports Book who successfully registers and holds an account on Bally Bet.”

b) "Obvious Error” means “a mistake, misprint, misinterpretation, mishearing, misreading, mistranslation, spelling mistake, technical hazard, registration error, transaction error, manifest error, force majeure and/or similar, which may or may not be apparent to Bally’s and/or the Account Holder at the relevant time which has caused or resulted in bets being offered and/or accepted.”

Examples of Obvious Error(s) include, but are not limited to:

i. As a result of failure of established risk management controls.  

ii. As a result of inappropriate manipulation of offers or settlement procedures as well as any fraudulent activity. 

iii. Incorrect payouts.

iv. Cyber attacks.

v. Bets accepted;

i. During technical problems that would otherwise not have been accepted; at odds/prices that have been increased, improved or enhanced from the odds/prices that would have otherwise been offered.

vi. On events/offers that have already been decided or concluded, or in relation to which Bally’s had suspended betting.

vii. On events/offers after the event/match/offer has started (except for live betting bet types).

viii.. On markets/events containing participants that are not part of the event.

ix. Otherwise than in accordance with the applicable laws.

x. At odds that are materially different from those available in the general betting industry at the time the bet was accepted, whereby Bally’s will use a majority of betting industry operators, to determine whether odds offered were “materially different”.

xii. At odds which reflect an incorrect score, standing or ranking situation, including where incorrect odds are offered, as a result of any errors or omissions made in respect of the announcing, publishing, or reporting of a score, standing or ranking situation.

xii. At incorrect odds where it is clear that the actual chances of the event occurring at the time the bet was accepted were materially different, or

xiii. That the bet has been placed by someone other than the Account Holder (including where someone has gained access to the Account holders’ account) or where the Account Holder is victim of fraudulent activity.

c) “Funds” means “cash and cash equivalent, free wagers, bonuses, and other credits available to be used for wagering purposes.”

d) "Influence Betting" means “an act, prohibited by Bally’s, where an Account Holder, or parties acting in association with an Account Holder, can influence, or have influenced, the outcome of a match or an event, directly or indirectly.”

e) “Prohibited Sports Betting Participant” means “any person or entity whose participation may undermine the integrity of mobile sports wagering on a sports event or the conduct of such sports event itself, or any person who, or entity that, is prohibited for other good cause, including, without limitation, the following, as prescribed by Racing, Pari-Mutuel Wagering and Breeding Law Section 1367(1) and this paragraph: (i) any individual placing a mobile sports wager as an agent or proxy; (ii) any athlete whose performance may be used to determine, in whole or in part, the outcome of such mobile sports wagering; (iii) any person who is an athlete, player, coach, referee or other game official, physician, trainer, sports agent, owner or employee or independent contractor of a team, player union and umpire union personnel, and employee, referee, coach or official of a sports governing body, team employee or governing body employee, in any sports event overseen by such person’s sports governing body; (iv) any person with access to material, non-public confidential information about a sports event that is the subject of such wagering; (v) a person identified to the commission by a sports governing body that the commission agrees is a person who should be a prohibited sports bettor; (vi) any person who holds a position of authority or influence sufficient to exert influence over the participants in a sports event that is the subject of a mobile sports wager, if such person is not otherwise described by this subdivision; (vii) any principal, key employee or casino gaming employee of a casino and its affiliates, except as may be permitted by the commission; (viii) any non-gaming employee at the casino that hosts the server or other equipment of a mobile sports wagering licensee; (ix) any contractor, subcontractor, or consultant, or officer or employee of a contractor, subcontractor, or consultant, of a casino sports wagering licensee if such person is directly involved in the operation or observation of sports wagering, or the processing of sports wagering claims or payments; (x) any employee of a mobile sports wagering licensee and its affiliates, except as may be permitted by the commission; (xi) any contractor, subcontractor, or consultant, or officer or employee of a contractor, subcontractor, or consultant, of a mobile sports wagering licensee if such person is directly involved in the operation or observation of mobile sports wagering, or the processing of mobile sports wagering claims or payments; (xii) any person subject to a contract with the commission if such contract contains a provision prohibiting such person from participating in sports wagering; (xiii) any spouse, child, sibling or parent residing in the principal place of abode of any of the foregoing persons where the foregoing person is prohibited from participating in mobile sports wagering; (xiv) any officer or employee of the commission; and (xv) any minor.”

f) "Syndicate Betting" means “an act, prohibited by Bally’s, where Account Holders act together to place a bet or series of bets on the same event or competition, or when an Account Holder places a bet on behalf, or for the intended benefit, of another individual or other individuals. Where there is evidence of Account Holders acting together in this manner Bally’s reserves the right to make the relevant bets void and/or withhold payment of returns pending the outcome of subsequent investigations to determine whether (in Bally’s sole opinion), Syndicate Betting has taken place.”

3. FUNDING

a) To place a bet, the Account Holder will need to deposit funds into their Bally Bet account. Funds deposited via a payment processor may take a few days to clear before they are available for wagering, during which time the funds are held in the account of the relevant payment processor on the Account Holder’s behalf.

b) To place a bet, Bally’s allows the Account Holder to direct their eligible balance available to the Account Holder for wagering in the State of New York, in which the Account Holder holds an account. For more information on deposits and funding please refer to the Bally Bet General Terms and Conditions.

c) All funding methods are subject to Bally Bet Anti-Money Laundering (AML) policy, and procedures and will be subject to all federal currency transaction reporting thresholds. Subject to the foregoing, and applicable regulatory restrictions, an Account Holder may make deposits to their account using the following methods:

i. ACH (electronic checking or direct deposit)

ii. Debit cards

iii. Credit cards

iv. Bally Bet Play+ Card

v. Direct payment via bank wire transfer

vi. Some rewards granted by Bally’s to you, including without limitation as part of a promotion or rewards program, may be used to wager on events. These rewards include but are not limited to free wagers, bonuses, and other credits.

d) Bally’s may withhold deposits to confirm the source of the Funds or to comply with state and federal law (for Anti-Money Laundering purposes).

e) It is not possible to transfer player funds between two player accounts.

f) A transaction log/account statement history is available to Account Holders.

4. BET ACCEPTANCE

a) A bet accepted by Bally’s will remain valid and cannot be withdrawn unless such bet was accepted in Obvious Error. It is the Account Holder’s responsibility to ensure details of the bets placed are correct. Under no circumstance will Bally’s accept any responsibility for any mistakes (perceived or actual), deriving from either Obvious Errors or any other reason.

b) A bet is not accepted until it shows in the Account Holder’s bet history. Once it does, the contract will be considered duly formed. In cases of uncertainty about whether a bet has been accepted, the Account Holder is requested to check the open (pending) bets or contact Customer Service for confirmation. No bet or wager will be considered as accepted unless confirmed via the Account Holder’s bet history or Customer services.

c) Should a dispute arise about the acceptance (or lack thereof) of any bet, or the time at which any bet was placed, the Bally’s transaction log database will be the ultimate authority in determining such matters.

d) Bally’s may refuse to accept any bets at any time and for any lawful reason including in order to:

i. Preserve the viability of the offered market (for example, without limitation, in relation to events where there is an extraordinary or unbalanced number of bets on the same market).

ii. Protect the Account Holder (e.g., without limitation, in relation to the event in which the Account Holder may be subject to fraud and Bally’s seeks to protect the player).

iii. Protect other users (e.g., without limitation, in connection with the event in which the Account Holder has a betting pattern that could adversely affect the regular betting activity of other users).

iv. To protect Bally’s (for example, without limitation, in the event that the Account Holder exhibits money laundering, collusive or fraudulent behaviour, we suspect that Account Holder is using a third party's account, is allowing a third party to use the account, or is using automated means, bots, software or similar means, or engaging in arbitrage). e) Bally’s, depending on the level of risk, instead of refusing a bet or a wager, may accept the bet request placed by the Account Holder up to a certain amount thereof.

5. BETTING AND PAYOUT LIMITATIONS

a) In order to guarantee the viability of each market, to avoid potential cases of fraud and match-fixing, and to be able to make a correct estimate of the risk involved in each product offered, Bally’s reserves the right to limit the net payout (the payout after the stake has been deducted) on any bet or combination of bets by one Account Holder by reducing the amount the Account Holder is permitted to place on the wager, prior to wagering.

b) Bally’s reserves the right, in its sole discretion, to decline, all, or part of, any bet requested. This includes the possibility that a "System Bet" as defined in Section (B)(4) is not accepted in full, either in terms of stakes or combinations included in said "System Bet".

c) All bets placed through any Bally’s platform, also including bets requesting manual approval, may be subject to a time delay prior to acceptance, the length of which may vary. Such delay is to be determined by Bally’s in its sole discretion.

d) All odds offered are subject to variation. Such fluctuation is determined solely at Bally Bet's discretion. Bets are accepted only at the odds available in the betting grid at the time the bet was accepted by Bally Bet, irrespective of any other claim or previous publication present on the website or any other media detailing otherwise. Any change in odds while placing a wager will result in a notification to the patron within the sports wagering platform.

e) Patrons may choose to display odds on their wagering screen in American or Decimal format. However, all payout calculations for wagers will be calculated based on Decimal odds, irrespective of any other format a patron chooses to display on their account at the time of bet placement. This may result in rounding differences between an expected payout and actual payout. The exact actual payout amount will be shown to the patron at the time of bet placement, which will only be altered in the case of voids, pushes, or allowable deductions (e.g. Dead Heat Rule, tax withholding).

Below is a table that shows the decimal odds that are used for payout calculations by the system, the corresponding US odds (shown on the betslip) and what the exact decimal odds would be based on the US odds (Decimal odds from US).

TRUE DECIMAL ODDS	US ODDS	DECIMAL ODDS FROM US
1.41	-245	1.408
1.48	-210	1.476
1.56	-180	1.556
1.74	-136	1.735
1.91	-110	1.909

For example, if a patron wagers $100 at decimal odds of 1.91, which will be presented in American odds as -110, the patron will get a payout of $191 rather than $190.9.

6. CANCELLING (VOIDING OF BETS)

a) A bet can be declared void by Bally’s. If Bally’s declares a bet void, the bet will be settled with the decimal odds of 1.00 or US odds of -100.

b) A bet made as a parlay or an accumulative bet shall remain valid with recalculated odds, notwithstanding a match or an event which is part of the accumulative bet being void.

c) Bally’s reserves the right, to declare a bet void, totally or partially, if any of the following, or similar, circumstances have occurred:

i. Bets have been offered, placed and/or accepted due to an Obvious Error and/or at odds which significantly differ from those currently present elsewhere in the betting industry market (see Section (A)(2)(a));

ii. Bets placed while the website was encountering technical problems, that would otherwise not have been accepted;

iii. Influence Betting;

iv. Syndicate Betting;

v. A result has been affected by criminal actions - directly or indirectly;

vi. A public announcement has occurred in relation to the bet which significantly alters the odds;

vii. A bet has been offered on the relevant market in breach of the gambling regulation in the specific jurisdiction that the bet was made;

viii. A bet or bets which are structured to avoid Anti-Money Laundering requirements.

d) Past-posting and other cancellations: While Bally’s employs its most reasonable endeavours to ensure the best user-experience, should a market be available for betting when it should have been removed or else with incorrect odds, Bally’s reserves the right to void all bets accepted within said circumstances in accordance with Section (A)(6)(c). Similar situations include, but are not limited to:

i. 'Pre-match' bets placed/accepted after the event has started;

ii. 'Live' bets placed/accepted at incorrect odds due to delayed or failing ‘Live’ coverage, or on odds which represented a different score than the actual;

iii. Bets placed following the last instance that a participant/outcome had any chance to influence the match/event scoring applicable to the relevant market and an eventual withdrawal/disqualification/cancellation/format change or anything which precludes the ability of the applicable participant/outcome to influence said scoring will be declared void;

iv. Bets placed with odds that do not reflect that a related event was underway and where conditions could have been altered in a direct and indisputable way, or else after an event that could normally be deemed as leading to the outcome is happening or has happened already.

e) Related contingencies: Unless placed via Bally's in-event combination functionality, or offered explicitly as a specific offering, Bally’s prohibits accumulator bets that include two or more outcomes which might turn out to be related (e.g. Team X to become champions and Player Y to be Top Goal Scorer in the same league). Although Bally’s takes steps to prevent such possibilities, in the eventuality that this would happen, Bally’s reserves the right, to declare void all parts of the accumulative bet which include the correlated outcomes whose odds are not indicative of the related contingency.

f) Bets can be voided regardless of whether the event has been settled or not.

7. PROHIBITED WAGERS AND PROHIBITED PARTICIPANTS

a) PROHIBITED WAGERS: Any wager involving any of the following criteria is NOT approved and is NOT permitted:

i. Bets on high school and other amateur youth sporting events (e.g., a game in which more than 50% of the participating athletes are under age 18).

ii. Collegiate sports involving New York based colleges and universities.

iii. Proposition bets on college sports.

iv. Bets that are prohibited or rejected by the New York State Gaming Commission.

v. The statistical actions of coaches, officials, or referees. For example, number of timeouts called, number of yellow cards issued, when the first penalty flag will be thrown, when the first foul will be called, and what will be the game’s first penalty, etc.

vi. Inherently objectionable outcomes. For example, will any player suffer an injury, how much time will an injured or resting player miss, will any player be ejected from a game, or similar.

vii. Any actions by persons participating in entertainment surrounding the sporting event, but not the sporting event itself. For example, halftime performances, cheerleading activity, band performances, etc.

viii. Coin flips or other random determinations.

ix. Clothing, equipment characteristics (sports drinks, etc.), or any other item in which the outcome is determined prior to the performance of the athletes in the event.

x. Events which are pre-recorded or in which the outcome has been otherwise previously determined.

xi. Bets that do not originate in the State of New York.

b) PROHIBITED PERSONS

i. Any individual that meets the definition of Prohibited Sports Betting Participant.

ii. A partnership, a corporation, an association, or any other entity that is not an individual.

iii. And person placing a mobile sports wager as an agent or proxy.

iv. Any person under the age of 21.

v. Any person not located in the State of New York.

vi. Any person on an exclusion list.

vii. Any officer or employee of the New York State Gaming Commission.

viii. Any person subject to a contract with the New York State Gaming Commission if such contract contains a provision prohibiting such person from participating in sports wagering.

ix. Any person identified to the New York State Gaming Commission by a sports governing body that the New York State Gaming Commission agrees is a person who should be a Prohibited Sports Betting Participant.

x. Any non-gaming employee at the casino that hosts the server or other equipment of a mobile sports wagering licensee.

xi. Any contractor, subcontractor, or consultant, or officer or employee of a contractor, subcontractor, or consultant, of a mobile sports wagering licensee if such person is directly involved in the operation or observation of mobile sports wagering, or the processing of mobile sports wagering claims or payments.

xii. Any employee of a mobile sports wearing licensee and its affiliates, except as may be permitted by the New York State Gaming Commission.

xiii. Any spouse, child, sibling, or parent residing in the principal place of abode of any of the foregoing persons where the foregoing person is prohibited from participating in mobile sports wagering.

xiv. Any person who is participating in a voluntary exclusion program.

xv. A sports wagering service provider, a director, officer, or employee of a sports wagering service provider, or a relative living in the same household of a sports wagering service provider.

xvi. With respect to a sports event sponsored, organized, or conducted by a particular sports governing body, any of the following:

An employee of the sports governing body.
A game official employed by or under contract with the sports governing body.
A coach, manager, or other personnel employed by or under contract with a member club of the sports governing body.
An athlete who is:
Under contract with a member club of the sports governing body in the case of a team sport; or
Eligible to participate in events conducted by the sports governing body in the case of an individual sport.
An employee of a union representing athletes or game officials.
A relative living in the same household of an individual described in this Section 7(b)(xvi).

xvii. An individual convicted of a state or federal crime relating to sports wagering.

8. DISPUTES

a) If an Account Holder has any concerns or complaints regarding the Bally Bet Platform, the Account Holder may contact the Bally Bet Customer Support Team at Support@BallyBet.com or call 1-888-824-0650. All concerns or complaints will receive an initial response within 48 hours, and a complete response within ten business days.

b) Any Account Holder complaint that results in a dispute in excess of $5,000 shall be brought immediately to the attention of the New York State Gaming Commission by Bally Bet.

c) If an Account Holder has exhausted all reasonable means to resolve the complaint or concern with Bally Bet, then the Account Holder may contact the New York State Gaming Commission directly at:

New York State Gaming Commission
PO Box 7500
Schenectady, New York 12301-7500
ATTN: Patron Inquiry/Complaint

9. VOLUNTARY EXCLUSION PROGRAM

a) An Account Holder may voluntarily exclude access to their account by following the self-exclusion procedure set forth in Bally’s General Terms and Conditions. Note that self-exclusions will be applied automatically, take effect immediately, and will be implemented as indicated by the Account Holder. No changes can be made to reduce the severity of an implemented self-exclusion limitation for at least 24 hours.

10. DISCLAIMER AND PRIORITY

a) Bally’s reserves the right to adjust a payout credited to an Account Holder’s balance if the payout has been credited to the Account due to an Obvious Error.

b) In order to adjust any inaccuracy in the Account Holder's balance following amounts credited due to Obvious Error, Bally’s reserves the right, in its sole discretion, to take any necessary action, without prior notice and within reasonable limits, to adjust the Account Holder's balance through the reversal, amendment or cancellation, of any subsequent transaction on the Account Holder's account.

c) These rules are applicable to all transactions with the Bally Bet Sports Book and may be supplemented with other Rules. In the event of ambiguity, priority applies in the following order:

i. Rules and conditions published in conjunction with an offer and/or campaign; then

ii. The Sport Specific Rules of these Sports House Rules; then

iii. The General Betting Rules of these Sports House Rules; then

iv. Bally’s General Terms and Conditions.

d) In cases where Bally’s, in its sole discretion, deems that the Rules are inconclusive, Bally’s reserves the right, in its sole discretion, to settle affected bets on an individual basis on the basis of equity, attaining itself to generally accepted betting norms, customs and definitions.

e) Adaptations into other languages of these House Rules, or any other text which can be associated with bet offers, are done purely for informative purposes. Although precautions have been taken to assure the most accurate rendition of these terms in the specific language, Bally’s will not accept any liability for any incompatibility between the English version and any other language. Thus, in case of discrepancy between the English version and the respective translation, the former will be deemed as binding and will be the basis upon which the offers will be settled.

f) Any data provided or accessible in, from, or related to the Bally Bet Sports Book, may be used by the Account Holder for private, non-commercial use only and any use or attempted use of such data for commercial purposes is strictly prohibited.

g) Bally’s has the right to enforce a term of the contract relating to the Bally Bet Sports Book against any Account Holder.

h) All promotions, bonuses, or special offers offered to Account Holders based on the services are subject to the express terms of the bonus offered and promotion-specific terms and conditions, and any bonus credited to the Account Holder must be used in adherence with such terms and conditions. By accepting a promotion, bonus, or special offer available on the services, the Account Holder consents to the terms and conditions of such promotion, bonus, or special offer. Bally’s reserves the right to withdraw any promotion, bonus, or special offer at any time without prior notice. Bonus funds and any winnings derived therefrom are only converted to cash in according with the express terms of the bonus offered and the promotion-specific terms and conditions. Bonus funds that have not been converted to cash may be forfeited under circumstances identified in the terms and conditions of a specific promotion, bonus, or special offer. In instances where a promotion, bonus, or special offer conflicts with these Sports House Rules, the terms of the promotion, bonus, or special offer shall prevail.

B. GENERAL RULES

1. COMMON TERMS OF REFERENCE

a) Unless listed either in conjunction with the bet offer, or else in the Sport Specific rules, all bets should be considered valid for the result at the end of the "Regular Time" or "Full Time" only. "Regular Time" or "Full time" is defined as interpreted by the official rules published by the respective governing body. For example, in Soccer, full time is stipulated to be 90 minutes including injury time, and in Ice Hockey it is stipulated as the 3 x 20-minute periods. Should the governing body decide to stipulate, before the start of the event, that the said event is to be played over a different duration, this will be treated as being the official rules for the event (for example, soccer matches played with 3 x 30 minutes or 2 x 40 minutes formats). Nonetheless, such occurrence is limited to the "regular" playing time and does not include any prolongation such as extra time or overtime, unless explicitly stated.

b) "Livebetting" is where it is possible to bet during an ongoing match or event. Bally’s does not acknowledge or accept any liability whatsoever if it not possible to place a bet or the live score update is not correct. At all times it is the Account Holder's responsibility to be aware of the match and the events surrounding it such as the current score, its progression and how much time remains before the match is completed. Bally’s does not accept any liability for changes to the Livebetting schedule or interruption of the Livebetting service.

c) The Cash Out function allows the Account Holder the possibility to redeem a bet, which status has not been settled yet, at its current value. It is available on selected events both in pre-match and live, as well as on both single and multiple bets. Cash Out functionality cannot be used on free bets. Cash Out requests might be subject to the same delay procedure as listed in Section (A)(5)(b). Should it happen that during this delay, for whatever reason, either the offer is removed, or odds fluctuate, the Cash Out request will not be accepted, and the Account Holder will be notified with an on-screen message. Bally’s reserves the right to offer such functionality at its own discretion and does not acknowledge or accept any liability whatsoever should the functionality not be available. Should a Cash Out request be successful, the bet will be settled immediately and any subsequent events which occur in relation with the bet will not be considered. In the instance of a Cash Out bet having suffered from a technical, pricing or settlement error at any time between the time of original offering and the final settlement, Bally’s reserves the right to rectify such inaccuracy in accordance with Section (A)(9)(b).

d) The "Participant" is an object constituting part of an event. In "Head-to-Head" and "Triple-Head" the Participant only refers to objects that are subject to the "Head-to-Head" or "Triple-Head" event in question. For sake of clarity a “participant” is to be intended as a single player, a team or any group of individuals grouped/listed together. Any reference to participants within these rules is to be intended accordingly regardless of whether its definition is in singular or plural.

e) The “match” or “game” start time shown on the Bally Bet Platform is to be treated for information purposes only. Game times may not accurately reflect the actual starting time of the game or match and is subject to change. A wager accepted after the game or match start time shown on the Bally Bet Platform does not constitute an in-play wager or a wager accepted after the game has started. Bally’s reserves the right, to suspend, partially or completely, the betting activity at any time where it deems necessary.

f) Statistics or editorial text published on the Bally’s website(s) are to be considered as added information. Bally’s does not acknowledge or accept any liability if the information is not correct. At all times it is the Account Holder’s responsibility to be aware about circumstances relating to an event.

g) Theoretical return in fixed odds betting to the player is given by the odds from all possible outcomes in the offer. The theoretical payback to a player on a bet offer with 3 outcomes a, b and c can be calculated as follows.

Theoretical % = 1 / (1 /” odds outcome a” + 1 / “odds outcome b” + 1 / “odds outcome c”) x 100

2. BET TYPES

a) Match" (aka 1X2) is where it is possible to bet on the (partial or definite) outcome of a match or event. The options are: "1" = Home team/Player 1, or the participant listed to the left side of the offer; "X" = Draw/Tie, or the selection in the middle; "2" = Away team/Player 2, or the participant listed to the right side of the offer. In particular instances or specific competitions, Bally Bet may display an offer in the so-called “American” format (ie: Away Team @ Home Team), where the host team is listed following the visiting team. Irrespective of the positioning of the teams on the board/betslip, the references to “Home” and “Away” teams will always refer to the actual teams playing at home (host) and away (visitor) respectively, as determined by the official organization bar the exceptions as detailed in individual sport rules.

b) "Correct Score" (aka Result Betting) is where it is possible to bet on the (partial or definite) exact score of a match/event, or part of it.

c) "Over/Under" (aka Totals) is where it is possible to bet on the (partial or definite) amount of a predefined occurrence (e.g. goals, points, corners, rebounds, penalty minutes, etc.). Should the total amount of the listed occurrences be exactly equal to the betting line, then all bets on this offer will be declared void. Example: an offer where the betting line is 128.0 points and the match ends with the result 64-64 will be declared void.

d) "Odd/Even" is where it is possible to bet on the (partial or definite) amount of a predefined occurrence (e.g. goals, points, corners, rebounds, penalty minutes, etc.)."Odd" is 1, 3, 5 etc.; "Even" is 0, 2, 4 etc.

e) A "Head-to-Head" and/or "Triple-Head" is a competition between two or three participants/outcomes, originating from either an officially organized event, or else, as virtually defined by Bally Bet.

f) "Half time/Full time" is where it is possible to bet on the result in Half time and the outcome at the end of the listed timeframe. E.g. if at Half time the home team is leading 1-0 and the match ends 1-1, the winning outcome is 1/X. Bets on this market will be declared void should the match be played in a format where it is impossible to determine an outcome based on the timeframes listed within the offer. If the sport is unable to conclude in the time rules according to each sport, a Half time/Full time wager will be voided.

g) "Period betting" is where it is possible to bet on the outcome of each separate period within a match/event. E.g. If the period scores in an ice hockey match are 2-0 / 0-1 / 1-1, the winning outcome is 1/2/X. Bets on this market will be declared void should the match be played in a format where it is impossible to determine an outcome based on the timeframes listed within the offer.

h) "Draw No Bet" (aka Moneyline) is where it is possible to bet on either "1" or "2". It is also common practice to refer to "Draw No Bet" in cases where no draw odds are offered. Bets will be voided should the specific match/event not produce any winning outcome (E.g. match ends as a draw), or the occurrence not happen (E.g. First Goal, Draw No Bet and match ends 0-0).

i) "Handicap" (aka Spread) is where it is possible to bet on whether the chosen outcome will be victorious once the listed handicap is added/subtracted (as applicable) to the match/period/total score to which the bet refers to. In those circumstances where the result after the adjustment of the handicap line is exactly equal to the betting line, then all bets on this offer will be declared void. Example: a bet on -3.0 goals will be declared void if the chosen team wins the match by exactly 3 goals difference (3-0,4-1, 5-2, etc). Any reference in this section to the term “margin” is intended to be understood as the outcome emerging from the subtraction of the goals/points scored by the 2 teams/participants.

Unless otherwise stated, all handicaps listed on the Bally Bet Platform are to be calculated based on the result from the start of the listed match/period to the end of the specified match/period. It is however customary that for certain handicap bet offers in specific sports (Asian Handicap in Football), only the outcomes obtained from the time of bet placement until the end of the listed timeframe will be taken into consideration, thus disregarding any goals/points scored before the time the bet was placed and accepted. Any bet offer with these characteristics will be clearly displayed on site and highlighted in the bettors’ Bet History with the score at the time of bet placement.

There are 3 different “handicap betting” formats:

1. 2-way Handicap: Team A (-1.5) vs Team B (+1.5)

Example:
•Team A is given a -1.5 goal handicap in the match. For the bet to be won, Team A must win the match with a margin equal or bigger than the listed handicap (ie. 2 goals or more).
• Team B is given a +1.5 goal advantage in the match. For the bet to be won, Team B must either win the match, match finish in a draw or not lose with a margin equal or bigger than their listed advantage (ie. lose with a 1 goal margin).

2. 3-way Handicap: Team A (-2) Draw (Exactly 2) Team B (+2)

Example:

• Team A is given a 2 goal handicap in the match. For the bet to be won, Team A must win the match with a bigger margin than the listed handicap (ie. 3 goals or more).
• Draw would be the victorious outcome should the match end up with exactly the listed margin (ie. match ends with results such as 2-0, 3-1 and 4-2).
• Team B is given a 2 goal advantage in the match. For the bet to be won, Team B must either win the match, match finish in a draw or not lose with a margin equal or bigger than their listed advantage (ie. lose with only a 1 goal margin).

3. Asian Handicap: Team A (-1.75) vs Team B (+1.75)

Example:

• Team A is given a -1.75 goal handicap in the match. This means that the stake is divided into 2 equal bets and placed on the outcomes -1.5 and -2.0. For the bet to be fully paid out at the listed odds, Team A must win the match with a bigger margin than both of their listed handicaps (ie. 3 goals or more margin). In the eventuality that Team A wins with only a 2 goal margin, the bet will be considered as partially won with a full payout on the -1.5 part of the bet and a refund on the -2.0 side since the outcome on that part of the bet would be considered a “tie”. Should the match produce any other outcome, including a Team A victory with only 1 goal of margin, the whole stake would be lost.
• Team B is given a +1.75 goal advantage in the match. This means that the stake is divided into 2 equal bets and placed on the outcomes +1.5 and +2.0. For the bet to be fully paid out at the listed odds, Team B must either win the match, match finish in a draw or not lose with a margin equal or bigger than any of their listed advantages (ie. lose with only a 1 goal margin). In the eventuality that Team B loses with exactly a 2 goal margin, the bet will be considered as partially lost with a refund on the -2.0 part of the bet and a loss on the -1.5 part of the bet. Should the match produce any other outcome which results in a defeat of Team B with a margin of 3 or more goals, the whole stake would be lost.

j) "Double Chance" is where it is possible to bet simultaneously on two (partial or definite) outcomes of a match or event. The options are: 1X, 12 and X2 with "1", "X" and "2".

k) "Outright" or "Place" betting is where it is possible to choose from a list of alternatives and bet on the eventuality that a participant wins or places within a specified position in the classification of the listed event/competition. Should two or more participants share finishing positions, the settlement will be based on the Dead Heat Rule.

l) An “Each Way” bet (aka EW) refers to a bet where the chosen selection must either Win or else Place within the payout terms. The bet is divided in two parts (the “Win” part and the “Place” part) of an equal stake. Settlement of such bets will take into account the applicable rules governing the "Win" and "Place" bets, namely the Sport-specific rules.

m) "Goal minutes" is where it is possible to bet on the sum of the minutes when the goals have been scored. When settling such bets, goals scored in injury time of both halves are to be considered as having been scored in the 45th minute in case the goal was scored in the first half injury time and the 90th minute in case the goal was scored in the second half injury time. Own goals will not count towards the settlement of individual player’s ‘goal minutes'.

n) “Player Propositions” or "Props" refers to a bet on a verifiable statistical result of an individual player or group of players within a wagering event. Examples include: Over or Under 1.5 touchdown passes for a Quarterback, Over or Under 55.5 Rebounds + Points + Assists for a Point Guard, First touchdown scorer in an NFL game, anytime goal scorer in a soccer match.

3. BETTING PROPS

a) Fantasy/Virtual "Matches" or "Head to Heads" are implicit match-ups where the performances of two or more participants/teams which are not directly confronting each other in the same match/event/round are compared. Settlement will be based on the number of times each participant records a predefined occurrence (e.g. goals) in the respective match. The following criteria will be used to determine the settlement of these type of offerings:

i. Unless specifically stated the bets refer to the next official match/event/round (as applicable) that the listed participants/teams are scheduled to take part in.

ii. All relative matches/events must be completed on the same day/session which the match/event/round is scheduled to be completed for bets to stand, except for those offers the outcomes of which has been decided prior to the abandonment and could not possibly be changed regardless of future events, which will be settled according to the decided outcome.

iii. Results for these offers will only take into account occurrences deriving from the actual play. Results attributable to walk-overs as well as other decisions as specified in clauses (b), (c) and (d) of Section (B)(5) will not be taken into consideration.

iv. Should the aforementioned criteria be inconclusive in determining the outcome for these offers, the following criteria will be progressively referenced to in order to settle the offering:

the applicable Sport-specific rules as listed in Section (C);
Result Settlement rules as listed in Section (B)(5).

Bets will be settled as void should it still be impossible to determine a winning outcome.

b) "Grand Salami" is where it is possible to bet on the total number of listed occurrences (Example: Total Goals, Total Runs) happening in a collection of matches/events on a specified round/day/match day. All relative matches/events must be completed for bets to stand except for those the outcomes of which have been decided prior to the abandonment and could not possibly be changed regardless of future events, which will be settled according to the decided outcome.

c) Over/Under bets on classification of participants in performances/events must be interpreted as follows: "Over" means a worse or lower position while "Under" means a better or higher position. Example: A bet on a player's classification in a tournament with an Over/Under line 2.5 will be settled as Under if the player classifies first or second. All other placements will be settled as Over.

d) Bets on "Quarter / Half / Period X" refer to the result/score achieved in the relevant timeframe and does not include any other points/goals/events tallied from other parts of the event/match. Bets on this market will be declared void should the match be played in a format where it is impossible to determine an outcome for the timeframes specified in the offer.

e) Bets on "Result at end of Quarter / Half / Period X" refer to the result of the match/event after termination of the stipulated timeframe and will take into account all other points/goals/events tallied from previous parts of the event/match. Bets on this market will be declared void should the match be played in a format where it is impossible to determine an outcome for the timeframes specified in the offer.

f) Bets on "Race to X Points / Race to X Goals..." and similar offers refer to the team/participant that is the first to reach the specified tally of points/goals/events. If the offer lists a timeframe (or any other period restriction), it will not include any other points/goals/events tallied from other parts of the event/match which are not related to the mentioned timeframe. Should the listed score not be reached within the stipulated timeframe (if any), all bets will be declared void, unless odds for such eventuality have been published within the market.

g) Bets on "Winner of Point X / Next to Score " and similar offers refer to the team/participant scoring/winning the listed occurrence. For the settlement of these offers, no reference to events happening prior to the listed occurrence will be taken into consideration. Should the listed occurrence not be scored/won within the stipulated timeframe (if any), all bets will be declared void, unless odds for such eventuality have been published within the market.

h) Bets referring to the happening of a particular occurrence in a pre-defined time order, such as “First Card”, or “Next Team to receive penalty minutes” will be settled as void should it not be possible, without any reasonable doubt, to decide the winning outcome, for example in case of players from different teams which are shown a card in the same interruption of play.

i) "To score first and win" refer to the listed team/participant being the first to register any scoring in the match and going on to win the match. Should there be no scoring in the match all bets will be settled as void.

j) Any reference to "Clean sheet"/”Shutout” indicates that the listed team/participant must not concede any goal/points during the match/relevant timeframe.

k) " To win from behind" refers to the listed team/participant winning the match after having been at least 1 goal/point behind their opponents at any point in the match/relevant timeframe.

l) Any reference for a team/participant to win all halves/periods (e.g. Team to win both halves) means that the listed team must score more goals/points than its opponent during all the stipulated halves/periods of the match.

m) Any reference to "Injury Time" refers to the amount displayed by the designated official and not to the actual amount played.

n) Settlement of bets on offers such as "Man of the Match", "Most Valuable Player" etc. will be based on the competition's organisers’ decision, unless otherwise stated.

o) Settlement of bets which make reference to terms such as "decisive goal" will be settled based on the scorer of the goal that at the end of the match/tie (as applicable) proves to be the one that has produced an unassailable lead, following which any further goals would prove to be irrelevant towards the final outcome. For a bet to be settled as "YES" the listed player's team must be declared winner of that particular match (in case of one match) or progressing to the next round/winning the competition. Goals scored in Regular Time and Extra Time count but not Penalty Shoot outs.

p) Bets on events which feature a selection of episodes that could happen in a match (E.g. "What will happen first to the player? with options "Score a goal, Get a Yellow/Red Card, Be Substituted) will be settled as void should none of the listed events/outcomes occur, unless odds for such eventuality have been published within the market.

q) Settlement of Transfer bets will also take into account players signed by the club on loan deals.

r) Bets referring to Managerial changes refer to the individual in the Head Coach/Manager role (as applicable) who steps down/is removed from the position for any reason. Bets are valid even in cases where a joint responsible (if any) leaves their position and will be settled accordingly. In case that no more changes are happening between the time the bet is placed and the last league fixture (excluding play-offs, play-outs, post season, etc.) the bets placed after the last Managerial change (if any) will be void, unless a suitable option has been offered for betting. Football markets will consider and settle accordingly, any interim/caretaker Head Coach/Manager who since the last Managerial change has led the team for 10 consecutive matches.

s) Offers referring to which team/participant will achieve a particular accomplishment against another team/participant (E.g. Next team to beat Team X) as well as offers which refer to the classification on a certain date, will stand and be settled regardless of any eventual fixture changes and number of games/rounds played.

t) Settlement of offers referring to which team/participant will be the first to achieve a particular accomplishment against other team(s)/participant(s) (E.g. Team to score first in Matchday X) will be based upon the timeframe in the respective match in which the feat has been accomplished. Example: Team A plays on Saturday and score their first goal in the 43rd minute while Team B plays on Sunday and score their first goal after 5 minutes, then Team B will be settled as winner.

u) From time to time Bally’s, at its sole discretion and without prejudice to related contingencies as described in Section (A)(6)(d), might decide to publish offerings referring either to the single performance of a participant/team or offerings which combine the potential outcomes of 2 or more teams/participants (example: Enhanced Multiples, Boosted Odds, etc), at higher odds than those normally available. Bally’s reserves the right to withdraw such offers, edit the respective odds and effect any further changes Bally’s might deem necessary at its sole discretion. Settlement of these offers will be based on the following criteria in the listed order:

i Unless specifically stated the offer refers only to the listed day(s) and/or next official match/event/round (as applicable) that the listed participants/teams are scheduled to take part in at the time the offer is published.

ii. Results settled as per respective Sport-specific rules. All related events must be completed as scheduled within the applicable timeframes for bets to stand unless any other outcome in the offer would incontrovertibly determine the outcome of the offer in a way that completion (or lack of thereof) of the other events listed in the offer would not influence the outcome of the offer. Such markets will be settled according to the already determined outcomes.

iii. Unless explicitly stated within the offer, result settlement will only take into account occurrences deriving from the actual play. Results attributable to walk-overs, protests, changes to the first official result, etc will not be taken into consideration. Bets will be voided should it be impossible to determine a winning outcome in accordance with the respective Sport-specific rules.

iv. All connotations related to the offer must be fully and unquestionably complied with, for the bet to be deemed as winning, regardless of any possible conflict with the Sport-Specific rules, or with any potential interpretation based on previous or current presentation of offers related to events in that particular sport and the way these are normally presented in the Bally Bet Sports Book. Where applicable, should the offer include any outcome the result of which ties exactly the chosen Over/Under or Spread line (aka PUSH) this will not be considered as having accomplished the listed occurrence and will result in the bet being settled as LOST.

While precautions have been taken by Bally’s to ensure a superior user experience, it is to be understood that markets might fluctuate in such a way that, at any given point in time, these markets do not represent an enhanced value comparable to related bet offers currently present on the Bally Bet Sports Book. All bets remain valid regardless of these eventual fluctuations.

v. During selected events, Bally’s will provide users with functionality to place bets combining outcomes and occurrences from the same event (aka Intra-Event Combinations), either through pre-established combinations present in the Bally Bet Platform(excluding Enhanced Multiples, Boosted Odds, etc for which Section (B)(3)(u) applies), or through the BetBuilder functionality. Such functionality is only present at Bally’s sole discretion and without prejudice to related contingencies as described in Section (A)(6)(d). Settlement will be based on the respective Sport-specific rules. All related occurrences must be fully accomplished for a bet to be considered as having happened and eventually paid out at the odds struck. Stakes refunded should any part of the combination be settled as VOID. Where applicable, should the combination feature any outcome the result of which ties exactly the chosen Over/Under or Spread line (aka PUSH), such part of the combination will be removed from settlement calculation and bets will be paid out taking into consideration only the other parts of the combination.

w. “Teaser+” allows the user the possibility to allocate the same pre-set amount of points to all outcomes present in a parlay (combination) containing Spreads (Handicaps), Totals (Over/Unders) or a combination of both. Example: User combines NFL Team X +6.5 points in a parlay with Over 41 points in the NFL match between Team Y and Team Z. By choosing the “Teaser+ Football 6 points” option, the lines and odds get recalculated into a parlay featuring Team X +12.5 points (previously +6.5), combined with Over 35 points (previously Over 41). Should any part of a “Teaser+” bet be settled as void (push), that particular selection will be excluded from the parlay and the computation of odds/payout will be re-adjusted accordingly.

x. Bets referring to “Rest of the match” or similar will consider only outcomes and occurrences obtained from the time of bet placement until the end of the listed timeframe, thus disregarding any occurrences registered before the time the bet was placed and accepted.

y. Bets on specific timeframes/intervals (example: Match result between 60:00-89:59), will consider only outcomes and occurrences accumulated during the specified timeframe/interval. Settlement will not take into account any other points/goals/events tallied from other parts of the event/match outside the specified timeframe/interval, including stoppage/injury time, unless specified.

4. SYSTEM BETS

a) A bet accepted by Bally’s will remain valid and cannot be withdrawn unless such bet was accepted in Obvious Error. It is the Account Holder’s responsibility to ensure details of the bets placed are correct. Under no circumstance will Bally’s accept any responsibility for any mistakes (perceived or actual), deriving from either Obvious Errors or any other reason.

b) A bet is not accepted until it shows in the Account Holder’s bet history. Once it does, the contract will be considered duly formed. In cases of uncertainty about whether a bet has been accepted, the Account Holder is requested to check the open (pending) bets or contact Customer Service for confirmation. No bet or wager will be considered as accepted unless confirmed via the Account Holder’s bet history or Customer services.

c) Should a dispute arise about the acceptance (or lack thereof) of any bet, or the time at which any bet was placed, the Bally’s transaction log database will be the ultimate authority in determining such matters.

d) Bally’s may refuse to accept any bets at any time and for any lawful reason including in order to:

i) Preserve the viability of the offered market (for example, without limitation, in relation to events where there is an extraordinary or unbalanced number of bets on the same market).

ii) Protect the Account Holder (e.g., without limitation, in relation to the event in which the Account Holder may be subject to fraud and Bally’s seeks to protect the player).

iii) Protect other users (e.g., without limitation, in connection with the event in which the Account Holder has a betting pattern that could adversely affect the regular betting activity of other users).

iv) To protect Bally’s (for example, without limitation, in the event that the Account Holder exhibits money laundering, collusive or fraudulent behaviour, we suspect that Account Holder is using a third party's account, is allowing a third party to use the account, or is using automated means, bots, software or similar means, or engaging in arbitrage).

d) Bally’s, depending on the level of risk, instead of refusing a bet or a wager, may accept the bet request placed by the Account Holder up to a certain amount thereof.

5. BETTING AND PAYOUT LIMITATIONS

a) In order to guarantee the viability of each market, to avoid potential cases of fraud and match-fixing, and to be able to make a correct estimate of the risk involved in each product offered, Bally’s reserves the right to limit the net payout (the payout after the stake has been deducted) on any bet or combination of bets by one Account Holder by reducing the amount the Account Holder is permitted to place on the wager, prior to wagering.

b) Bally’s reserves the right, in its sole discretion, to decline, all, or part of, any bet requested. This includes the possibility that a "System Bet" as defined in Section (B)(4) is not accepted in full, either in terms of stakes or combinations included in said "System Bet".

c) All bets placed through any Bally’s platform, also including bets requesting manual approval, may be subject to a time delay prior to acceptance, the length of which may vary. Such delay is to be determined by Bally’s in its sole discretion.

d) All odds offered are subject to variation. Such fluctuation is determined solely at Bally Bet's discretion. Bets are accepted only at the odds available in the betting grid at the time the bet was accepted by Bally Bet, irrespective of any other claim or previous publication present on the website or any other media detailing otherwise. Any change in odds while placing a wager will result in a notification to the patron within the sports wagering platform.

e) Patrons may choose to display odds on their wagering screen in American or Decimal format. However, all payout calculations for wagers will be calculated based on Decimal odds, irrespective of any other format a patron chooses to display on their account at the time of bet placement. This may result in rounding differences between an expected payout and actual payout. The exact actual payout amount will be shown to the patron at the time of bet placement, which will only be altered in the case of voids, pushes, or allowable deductions (e.g. Dead Heat Rule, tax withholding).

Below is a table that shows the decimal odds that are used for payout calculations by the system, the corresponding US odds (shown on the betslip) and what the exact decimal odds would be based on the US odds (Decimal odds from US).

TRUE DECIMAL ODDS	US ODDS	DECIMAL ODDS FROM US
1.41	-245	1.408
1.48	-210	1.476
1.56	-180	1.556
1.74	-136	1.735
1.91	-110	1.909