General

Definitions

  1. The "Bookmaker" is Overtheodds.com Pty Ltd licensed by the Northern Territory Government in the Commonwealth of Australia to accept bets by telephone and the internet on a global basis.
    The Client is a person that is at least 18 years of age and holds a Client Betting Account with the bookmaker.
    The TAB is one or all of the three major Australian TABs, namely Unitab, SuperTAB, and NSW TAB.

    Australian Business No: 91126953526.

Client Responsibility

  1. The "Client" is a person who must be 18 years or older and has an account (Client Betting Account) with the Bookmaker.
  2. It is the Client"s responsibility to ensure that they keep their Personal Identification Number (PIN) and security details confidential.
  3. Clients will be responsible for all wagers in which their user-name and security details are used for any activity on their Client Betting Account unless they have notified the Bookmaker prior of a problem.
  4. Any bet (wager) made by telephone or via the internet where the user name and security details have been used will be regarded by the Bookmaker as being valid and may not be changed, cancelled or modified.
    Bookmakers Reserved Rights
  5. The Bookmaker reserves the right to refuse any bet or part of a bet without giving a reason at any time.
  6. In addition, the Bookmaker reserves the right to close a Client"s Client Betting Account and refund the balance of their account without further explanation. In this event, outstanding bets will be honoured, unless the Client Betting Account has been used for any fraudulent transaction or purpose where outstanding bets will be void.
  7. The Bookmaker reserves the right to change, amend or add to these Rules and Privacy Policy as it sees fit without providing further notice other than posting the current Rules or Privacy Policy on the website OverTheOdds. It is the Client"s responsibility to ensure they are up to date with the current Terms of Betting.
  8. A Client is deemed to have accepted these Rules and Privacy Policy by opening an account or by placing a bet with the Bookmaker via the telephone or via the OverTheOdds website. Clients can view the Privacy Policy on the OverTheOdds website, or request this in writing.
  9. Notwithstanding anything contained elsewhere in these rules, if the Bookmaker publishes, posts or quotes any incorrect betting information for any sporting event, such as posting wrong dividends or lines, or allowing related multi bets, then regardless of the cause or source of such error;
    1. If the error is identified prior to the commencement of the event and notified by the Bookmaker to the client, whose bet on that event had been accepted or confirmed by the Bookmaker, on notifying the bet/s will be void. If bet is included in a multiple bet, this bet will then be re-calculated without the team/competitor which had the human error.
    2. If the error is identified only after the commencement of the event or as the customer could not be notified prior to commencement of the event, the bet on the event shall stand. In the case that the wrong price was used due human or computer error the price will be adjusted to the SP or correct closing price per the market. The exception is where the Bookmaker can demonstrate that the error was manifest or obvious, or that the customer otherwise should reasonably have been aware of the error, when the bet was placed. In this case the bet will be cancelled. If a Client has been paid on these winnings in error the Bookmaker shall be issue an account in normal procedure and amount be due and payable within one week. The account sent will be accepted as evidence of amendment and monies owed.
  10. The Bookmaker has made considerable efforts to ensure its sports betting business operates in a fair, prompt and accurate manner. Save to the extent permitted by law (and only to such an extent), the Bookmaker excludes all warranties (express or implied) relating to its sports betting business and shall not have any liability for direct, indirect or consequential loss, damage, expense or injury suffered by any Client.
  11. Subject to Rule 11, the Bookmaker"s liability in respect of any claim or loss shall be limited in amount to the relevant bet placed by a Client.
  12. The Bookmaker reserves the right to void any or all bets made by any individual or group of people acting together in an attempt to defraud the Bookmaker. This can include persons, relatives, organisations, bookmakers and their employees.
  13. All bets are considered to be placed and received in the Northern Territory in the Commonwealth of Australia.
  14. The Bookmaker does not warrant or imply that participation in bets or wagers complies with the legal requirements of any state or country other than the Northern Territory. Clients must satisfy for themselves (and assume full responsibility for) the legality of:
    1. Applying to the Bookmaker for a Client Betting Account;
    2. Remitting funds by credit card or other permitted means to a Client Betting Account held with the Bookmaker;
    3. Placement of bets or wagers with the Bookmaker; and,
    4. Receiving winnings from the Bookmaker.
  15. A Client may only have one (1) Client Betting Account unless otherwise agreed to by the Bookmaker. If a Client has additional Client Betting Account(s) held in other names, then the account balances of all associated Client Betting Accounts shall be transferred into the original Client Betting Account and;
    1. If, after the transfers the original Client Betting Account has a debit balance,the Bookmaker shall be entitled to receive payment for the debit balance immediately; or
    2. If, after the transfers there is a credit balance in the original Client Betting Account, the credit balance will be held by the Bookmaker until such time as a determination has been made by the Bookmaker as to whether or not there has been a breach of these Rules.
  16. These Rules shall be governed by and construed in accordance with the Laws of the Northern Territory and each Client irrevocably submits to the exclusive jurisdiction of the Northern Territory Courts in respect of any dispute or matter arising from these Rules.
  17. The regulatory authority is the Racing commission or such other authority authorized by the Laws of the Northern Territory for that purpose.
  18. If a client receives a bonus that requires a deposit to be made to claim the bonus, the deposit and the bonus must be bet with. The Bookmaker reserves the right to remove the bonus and refund the remaining balance should a client be in breach of these conditions.
  19. The Bookmaker reserves the right to withhold funds from clients who have not completed the identification process; funds are released as soon as this process has been completed.
  20. The Bookmaker reserves the right to refuse any wager based on bet type, event or venue.

Client Identification

Northern Territory government legislation requires that OverTheOdds must be reasonably satisfied that all account holders are over the age of 18. OverTheOdds requires new account holders to fill in a Form D, sign and return to us with a copy of photo ID showing clients date of birth and current address.
We must receive this information within 90 days of the first transaction on the account. Clients will not be able to make any withdrawals from their betting account until we receive the Form D and photo identification.
Form D can be downloaded form the help section of our website or can be emailed, faxed or mailed to clients on request.
Terms under which bets are accepted

  1. Bets will be accepted up to the advertised start time of the event or such earlier time as dictated by the Bookmaker specified on the website at the event page. If a bet is inadvertently accepted in respect of an event after its start time, the bet shall be deemed to have been made invalidly and will be refunded to the Client.
  2. Clients should check their Client Account Balance each time they log on to their Client Betting Account or at the time they place their bet via the telephone. In the event of a query, it is the Client"s responsibility to notify the Bookmaker at the earliest opportunity providing the Client"s own record of transactions since the Client Account Balance was last verified.
  3. When making a wager via the telephone it is the Client"s responsibility to quote the correct user-name and Personal Identification Number (PIN) when telephoning the Bookmaker. Bets when made over the telephone by the Client will be read back to the Client by the telephone operator. A bet is accepted when a Client either indicates agreement with a bet after it has been read back to the Client or if the Client does not indicate any disagreement with the bet as read back to the Client and the call is terminated.
  4. When making a wager via the Internet a bet is accepted when the Client receives a "Confirmation" message when the bet is processed through the OverTheOdds website. Once placed, no bet may be altered or cancelled.
  5. The minimum bet via the Internet is $1 and via Telephone is $10 for racing bets and $50 for sports bets.
  6. The Bookmaker shall make a record of all telephone discussions with Clients when Clients are placing a wager. The Client acknowledges this and agrees to such recordings being made and, where a dispute occurs which cannot be resolved by the Bookmaker, the Client agrees that the relevant recording(s) and/or any records of a Client"s transactions via the internet may be made available to the regulatory authority to enable the dispute to be determined in accordance with these Rules.
  7. If any dispute cannot be settled satisfactorily between the Bookmaker and the Client, the matter shall be referred to a representative of the Northern Territory Racing Commission. Any disputes can be referred to the Commission at gamblingdisputes@nt.gov.au. for final determination and all bets or wagers will be adjusted accordingly.
  8. Clients are unable to cancel or change a bet once the bet has been placed and the acceptance confirmed, unless special exception be made by the Bookmaker and confirmed by the Client.
  9. All bet (wager) prices/lines are subject to variation and become fixed at the time a bet is accepted.
  10. Unless otherwise agreed by the Bookmaker, the Bookmaker reserves the right to limit the maximum win per client on any one race to A$20,000 for gallops and $7,000 for greyhounds and harness. This is regardless as to whether the wager is accepted via the internet, phone or other means, and the price on the TAB at the time of placing the wager. In addition, all multiple bets are subject to a maximum win of 250 times the Clients bet or wager.
    "The Bookmaker reserves the right in its sole discretion to void any or all bets made by any Member, individual or group of Members or people acting together in an attempt to defraud the Bookmaker. This can include persons, relatives, organisations, bookmakers and their employees."

Settlement Terms

  1. Winning will be credited to a Client"s Betting Account following confirmation of the final result. In the event .
    1. a) That an incorrect balance is provided the client, it is the Client"s responsibility to notify the Bookmaker of the error without delay and only place bets based upon the correct balance to which it will be amended.
    2. b) That funds or bets be credited to a Client"s Betting Account in error, it is the Client"s responsibility to notify the Bookmaker of the error without delay and the Client shall return to the Bookmaker any funds credited in error.
  2. Client Betting Accounts:
    1. Each Client may be issued a Client Betting Account before bets or wagers are accepted.
    2. With the approval of the Bookmaker a Client"s Betting Account will be granted a Maximum Debit Limit (Credit Limit);
    3. A Maximum Debit Limit (Credit Limit) is the maximum permissible debit balance.
    4. The Client is required to settle any debit balance on a weekly basis unless specific agreement be made between the Bookmaker and client.
    5. The Client Account Balance is the difference between the unsettled wagers made by the Client and the sum of any Client Deposits and unsettled winnings payable by the Bookmaker for all settlement periods. If the unsettled wagers exceed the sum of Client deposits and unsettled winnings, then there is a debit balance. If the sum of Client Deposits and unsettled winnings exceed the unsettled wagers, then there is a credit balance.
    6. In relation to Clients that have been granted a maximum debit limit the settlement period shall, unless otherwise agreed, be weekly and shall end at midnight on Sunday of any week with respect to bets or wagers made by the Client and accepted by the Bookmaker during the preceding seven (7) day period. This means that any client who has an account with a debit balance at the close of business on Sunday is required to pay that balance in the next 5 days. Any client who has an account with a credit balance as at the close of business on Sunday is entitled to request payment to the value of that credit balance in the next 5 days. Only one payment of credit balances is allowed per week unless with the prior approval of the bookmaker.
    7. The Client may request any credit balance be paid to it by making a winnings claim. Any winnings claims are subject to any bonuses granted by the Bookmaker.
  3. Settlement means the full payment of a Client Account Balance for a settlement period and if there are unsettled Client Account Balances for prior settlement periods then those prior settlement periods must be settled as well.
  4. Where a Client has been granted a Maximum Debit Limit in accordance with paragraph above the Client may be refused bets or wagers by the Bookmaker if their Client Account Balance at any time exceeds their Maximum Debit Limit or if the effect of that bet or wager would cause the Maximum Debit Limit to be exceeded. If the Bookmaker, in its discretion, allows a Client to make a bet or wager even though the Maximum Debit Limit may be exceeded, the Client shall settle its resultant Client Account Balance when next notified by the Bookmaker. For the avoidance of doubt, it is the Client"s responsibility to monitor the balance of its Client Betting Account and if, for whatever reason the Client Betting Account Balance exceeds its Maximum Debit Limit it is the Client"s responsible to ensure that all amounts of the Debit Balance are settled in accordance with these Terms.
  5. The Bookmaker, at anytime, for an undisclosed reason may decrease or withdraw the Maximum Debit Limit, should this occur the account would still be payable in the normal weekly basis.

Results

  1. Where an event or match is postponed and rearranged to take place within 48 hours of the original starting time of the event or match, all bets will stand. If the event or match is rescheduled for a time greater than 48 hours after the original commencement time, all bets will be void and stakes refunded.
  2. The result of a match (for all sports other than soccer) will stand for betting purposes when it is abandoned after the start of the second half. Abandonment prior to this will cause the event to be void and money bet or wagered to be refunded. For a soccer match, a game must be played for at least 80 minutes for bets to stand. U.S. sports have other specific variations that are available on enquiry. If a tennis match is awarded to a player or players as a result of the disqualification or incapacity of an opponent, all single wagers will be deemed to be void and all stakes refunded on all players. Affected multiple wagers will be recalculated excluding that leg. In the case of Outright Tournament winner, the "All In" rule applies.
  3. Overtime periods or extra time in all sports shall count towards the final result for the match but, in the case of extra time in soccer, shall not count towards a final result of the match and the final result for payment of winning bets shall be on a draw.
  4. In the case of betting on a soccer match, the score at 90 minutes (normal full-time, normal time includes any stoppage time added by the referee) shall determine settlement of the bet and extra time will not count in determining the final result. In the event of the Bookmaker offering odds for a team to progress outright to the next round or to win the competition outright, then replays, extra time and penalties will count in determining settlement of the bet.
  5. In the case of betting on a soccer "outright" and there is no draw option, the match is resulted by whoever "wins the game".
  6. Soccer specials like correct score, HT/FT double, first goal scorer and handicap betting are resulted at "normal time".
  7. In the case of golf, a play-off shall count in determining the final result.
  8. In the case of golf, where a tournament is affected by adverse weather conditions, bets will be settled on the official result, disregarding the number of rounds played.
  9. In the case of all other sports (not broken in under individual headings) and all other contests that involve a set length of play or time limit, players must play to their conclusion or have no more than 5 minutes scheduled playing time remaining when the contest concludes to be considered official for betting purposes.
  10. In the event of a Dead Heat or Draw, where such an option was not offered for betting purposes, the ticket will be paid out at face value divided by the number of Dead Heating winners of the event (The Dead Heat Rule).

General

  1. Maximum $100 loyalty bonus credits per race.
  2. Available for Internet betting.
  3. Deposit & returns from winning loyalty bonus credits must be turned over at least 3 times prior to withdrawing winnings accrued from wagers placed with free bet credits.
  4. Not available for Exotics.

Club Function Betting voucher "terms & conditions":

  1. Betting vouchers "loyalty bonus credits" can be used on all Racing events for the win or place only .
  2. Betting vouchers "loyalty bonus credits" can be used for all Sporting events.
  3. Betting vouchers "loyalty bonus credits" can be used either via phone or the internet
  4. A maximum of $100 "loyalty bonus credits" can be used on any one event.
  5. The initial stake is removed from any winning bets and the winning profit is credited to your available cash balance.
  6. Bets placed using betting voucher "loyalty bonus credits" cannot be cancelled once bet has been submitted.
  7. There is no expiry date one\ betting vouchers received through club functions.
  8. Betting vouchers are non transferable and can be only used by the recipient of the prize.
  9. Betting vouchers can only be offered to supporters & members over the age of 18 years old.
  10. Betting vouchers are only available to Australian residents.
  11. Winners of event betting vouchers will be posted on website for a duration of one week from date of function.

Have a bet and get another one promotion "terms & conditions":

  1. Clients joining after October 27th or have never placed a bet, who place a bet after the 31st October will be entitled to a free bet greater than the average size of their bets placed over the period.
  2. Should the client place less than 6 bets the maximum free bet given will be no greater than $200.