SportsSpread Betting Rules

1. Client Responsibility

It is the responsibility of each client to ensure that they have a thorough understanding of the nature of spread betting and the inherent risks involved. In addition, each client must also ensure they are aware of the terms and conditions which govern the specific markets quoted by SportsSpread. Where any confusion or any misunderstanding exists, the onus is on the client to clarify the issue. Our traders are happy to answer any questions regarding any of the markets in which we operate and it is assumed that the client is aware of all the information, which would have been provided had these questions been asked.

2. Disclaimer

SportsSpread will do its best to ensure that all information provided is accurate and up-to-date. However, in the unlikely event that we inadvertently provide inaccurate information, we accept no responsibility for this and the use to which this information may be put.

3. Event Postponed

Bets on any event, the duration of which is expected to be one day or less, which is postponed and not completed within 6 days of its original fixture date, will be void. Bets on any event, the duration of which is expected to be two or more days, which is not completed within 21 days of the day it was scheduled to be completed, will be void. It should be noted that a delay in the start time of an event does not affect the status of any bet on that event if the completion of the event conforms to the guidelines set out above.

4. Event Abandoned

When prices are offered on an event after the event has begun (i.e. in running betting or half-time updated prices) and the event is abandoned, all open bets will be settled at the mid-point of the last quote available before the event was abandoned. If, however, prices are offered during an event (i.e. in running betting) and a bet is closed before the event is abandoned, the bet will be settled on the basis of the price at which the bet was closed. If there is no 'latest quote' available at the time when the event is abandoned (i.e. no in running betting), all bets on the underlying event will be void.

5. Bets made on the basis of Correct Information

SportsSpread reserves the right to void any bet placed on the basis of incorrect information. Similarly, SportsSpread reserves the right to void any bet placed if it had been possible to determine the outcome of the bet at the time at which the bet was being placed. However, it may happen that an 'in running' bet is placed on the basis of an incorrect 'current score' in an event, in which case the bet will be adjusted to take into account the correct 'current score' at the time the bet was placed.

6. Special Markets

SportsSpread may, from time to time, quote prices on markets or events which may not be specifically referred to in our rules. The settlement of these bets will be based on SportsSpread's interpretation and determination. The decision of SportsSpread on the settlements will be final.

7. The Result and Final Settlement

The official result is final for settlement purposes. Final settlement on all bets will take place within 6 days of the day on which the underlying event was completed.

8. SBA Spread Betting Rules and Conditions

The Spread Betting Association (SBA) has formulated a set of sports spread-betting rules that the spread betting industry has agreed to be governed by. We agree that settlement of spread betting markets offered on our website and telephone service shall be governed by the general rules that have been put in place by the SBA, except in cases where the specific rules of a particular market on our site would differ from the standard rules. In these cases, our specific rules will supersede the general rules. You can find further details regarding SBA standard rules by clicking on the following link: SBA Spread Betting Rules

Terms and Conditions

1. It is the responsibility of the client to ensure that they are fully aware of all terms, conditions and stipulations regarding the markets quoted by SportsSpread. We will be happy to answer all questions relating to these markets and it is assumed the client is aware of all information that would have been provided had these questions been asked.
   
   
2. The placing of a bet with SportsSpread signifies your acceptance of our rules, whether or not you have familiarised yourself with them.



3. SportsSpread reserves the right to limit the stake on any bet in any of its markets. SportsSpread also reserves the right to refuse the whole or any part of any bet without giving an explanation.



4. SportsSpread reserves the right to limit the aggregate size of outstanding bets held by any client at any time in any market.



5. SportsSpread may, at its discretion, amend the Stop-Loss/Stop-Win on any of its markets at any time. Clients may be notified of any such changes, at the discretion of SportsSpread.



6. It is the responsibility of the client to ensure that there is no unauthorised use of his/her account. Any bet, which has been placed using the client's LOGIN I/D and Password that matches the details on our system, will be accepted as bona fide. SportsSpread does not monitor the betting pattern of its clients.



7. Bets cannot be accepted from persons under the age of 18.


8. SportsSpread will never advise a client on whether or not to place a bet. We merely facilitate the execution of a bet. SportsSpread will provide factual information if it is available.



9. It is the responsibility of the client to verify that the bet has been accepted correctly.



10. SportsSpread accepts no responsibility for any total or partial failure of our responsibilities caused by an act of God or by any means beyond our control.



11. In the event that we offer prices on markets not described on this site, it is the responsibility of the client to ensure that he is fully aware of the terms and trading conditions of these bets and the inherent stop loss/stop win associated with these bets.



12. SportsSpread reserves the right to void; at its own discretion any bets involving an obvious market error.



13. SportsSpread will void any open bets suspected of fraudulent activity.



14. Sports Spread reserve the right to close any open position at their own discretion. Sports Spread will typically attempt to contact a client before taking this action but in the event that no contact is possible Sports Spread will close the open position(s) and shall not be liable for any losses that the client may incur as a result, either directly or indirectly.



15. Spread betting is a leveraged product and as such you may lose more than your initial deposit or credit balance. Clients may be subject to margin calls at short notice whereby additional margin is required to maintain your open bet. If additional margin is not provided within the time required, an open bet may be closed at a loss and the client will be liable for the resulting deficit.



16. In the case where a clients losses or required margin exceeds their positive balance, SportsSpread reserve the right to recoup the remainder of the balance using a payment method previously registered on our systems by the client. Sports Spread will typically make at least one attempt to contact a client in advance of any such instances.



17. Information contained herein does not constitute an offer to invest, solicit or promote investment business or financial products or to distribute information in any jurisdiction in which authorisation to do so is required. It is the responsibility of any person wishing to avail of the services of Sports Spread Betting (Ireland) Limited to inform himself / herself of and to observe all applicable laws and regulations of the countries of his nationality, residence, ordinary residence or domicile. Sports Spread Betting (Ireland) Limited is solely an Irish licenced bookmaker.



18. Most Markets have a stop loss. Losses are limited in these markets to the defined stop loss. In the markets where losses are unlimited the cash that you deposit with us does not limit your potential losses. A deposit is a sum of money credited to any account held by you with us, (deposited or won) that is available for you to bet against. If you incur losses on open bets we may require you to deposit additional funds ("margin") with us as a condition of maintaining your open bets.



19. It is the client's responsibility to ensure that they are fully aware of any price movements that might affect any open positions on their account. It is not our policy to contact clients to inform them of any negative movements on any open position(s).



20. All clients should be advised that they must provide identity documentation in the form of a drivers license/passport and a proof of address in the form of a utility bill/bank statement dated within the last 3 months before they can withdraw funds from their account.

Disclaimer

The information on this site is not directed at residents of the United States or any particular country outside the UK & Ireland and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. It is the responsibility of visitors to this site to ascertain the terms of and comply with any local law or regulation to which they are subject. Whilst Sports Spread has made every effort to ensure the accuracy of the information on this site, the information given on the site is subject to change, often without notice. It is for guidance only and no liability is accepted by Sports Spread for its accuracy or otherwise.