Betting Rules
Version: 1.6.0
Stakemate Betting Rules
A. Introduction
A.1 In addition to the Terms and Conditions and Privacy Policy, the use of Stakemate sportsbook is governed by these Rules. Please ensure that you read the Rules as they include important information about the legal agreement between us and you in respect of your use of the Stakemate sportsbook.
When creating an account with Stakemate, you agree that you have read, understood and will adhere to these Rules as well as Stakemate’s Terms and Conditions, Privacy Policy and any specific terms of a promotion.
If you have any questions regarding these Rules, please contact us to discuss by using the “Contact” section on the App or by emailing us at support@stakemate.com.
Unless the context otherwise requires, a reference to one gender shall include a reference to the other genders and words in the singular shall include the plural and in the plural shall include the singular.
B. Definitions
B.1 “App” means the Stakemate mobile based application downloaded through iOS and Android stores.
B.2 “Creator Customer” has the meaning as set out at C.9 below.
B.3 An “Event” is a scheduled competition involving two teams or players that is listed on Stakemate which Customers can bet on. The outcome is determined by the rules and regulations governing the sport.
B.4 “Group Bet” is a reference to a group of Bets placed by different Customers, where each respective Customer has agreed to place a Bet with Stakemate with the same stake and the same selections but each such Bet is only placed with Stakemate when the Creator Customer elects to place the Bet. For the avoidance of doubt, such a group of Bets are not syndicate betting.
B.5 “Joiner Customer” has the meaning as set out at C.9 below.
B.6 “Regular Time” or “Full Time” is interpreted in relation to the official rules published by the respective governing association. For example, in football, Full Time is stipulated to be 90 minutes plus injury time but excluding Extra Time or Penalties. Should the governing association 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. Regular Time or Full Time does not include any prolongation (Extra Time or overtime), unless explicitly stated in the bet offer.
B.7 “Rules” means these Betting Rules.
B.8 “Terms and Conditions” means Stakemate’s general terms and conditions which can be accessed in the App.
B.9 “Accumulator” means a Bet that contains one selection from at least two different Events.
B.10 “Bet Builder” means a Bet that combines two or more selections from one Event. Bet Builders on different Events can be combined together into an Accumulator or combined with single selections from different Events into an Accumulator.
B.11 “Squads” is a feature on the Stakemate App, where Customers can join a Squad to chat, share Bets, copy Bets and create Group Bets.
B.12 “Extra Time” refers to an additional 30 minutes of play after the “Full Time” whistle.
B.13 “Penalties” refers to a penalty shoot-out which occurs after a period of Extra Time in which the scores are still level to determine the winner of a tie.
C. Bet Creation & Acceptance
C.1 Bet acceptance occurs when a unique bet ID has been issued and the Bet is reflected in the account history. To check if a Bet has been accepted, visit the “Your Bets” section of the App where details of all accepted Bets are displayed.
C.2 Unless accepted in error by Stakemate, once accepted, a Bet will remain valid and cannot be cancelled by you. It is your responsibility to ensure details of the proposed bet are correct before placing the Bet. Please see the ‘Group Bet Specific Rules’ from C.8 onwards below, for specific rules regarding the acceptance of a Group Bet.
C.3 Should a dispute arise about the acceptance (or lack of) of any transaction or Bet in your account, Stakemate’s database will be the ultimate authority in deciding such matters.
Information
C.4 The initial payout/potential payout value displayed when a Bet is being contemplated is for information purposes only. The payout/potential payout value will be confirmed once a Bet has been placed. Please see the ‘Group Bet Specific Rules’ from C.8 onwards below for specific rules, regarding the payout/potential payout value of a Group Bet.
C.5 The kick-off time shown on the App is to be treated for information purposes only.
C.6 Information referring to (but not limited to) gender, age or participants shall be treated as supplementary information of which the availability and correctness cannot be treated as sufficient cause to void Bets related to the match/event.
C.7 Statistics or other text/information shown on the App are to be considered as supplementary information. Stakemate does not acknowledge or accept any liability whatsoever if such information is incorrect. At all times it is your responsibility to be aware of the circumstances relating to an Event.
Group Bet Specific
C.8 All Rules in Bet Creation & Acceptance C.1 – C.7 apply to a Group Bet unless explicitly noted below.
C.9 A Customer (the “Creator Customer”) can create a Group Bet by navigating to the ‘Squads’ tab, clicking on a squad they are in and pressing the group bet button. Other Customers (each other Customer being a “Joiner Customer”) in that squad can join such a Group Bet. The Creator Customer will select the stake for each Group Bet.
C.10 Any Joiner Customer within such Squad can then agree to place a Group Bet, with:
- the stake as proposed by the Creator Customer;
- any selections as proposed by the Creator Customer;
- any selection made by that Joiner Customer (although it is not necessary for a Joiner Customer to make a selection); and
- any selection by any other Joiner Customer.
C.11 At any time between the time when the Creator Customer creates the Group Bet and 7am the next day (UK time), the Creator Customer can confirm that the Group Bet (i.e. each of the separate Bets between Stakemate and: (i) the Creator Customer; and (ii) each Joiner Customer) shall be placed. Please note that:
- such Bets will not be placed with Stakemate until the Creator Customer elects that such Bets should be placed;
- the odds of a Bet which is part of a Group Bet may change between the time you indicate your approval for the Creator Customer to place such a Group Bet and the Creator Customer electing to place the Group Bet; and
- unless and until the Creator Customer elects that the Group Bets will be placed, your individual Bet will not be placed.
C.12 In the period between you indicating you agree to place a Group Bet and the Group Bet being placed by the Creator Customer, the relevant stake will be shown as being on hold in your account.
C.13 Prior to a Creator Customer electing to place a Group Bet with Stakemate, any Joiner Customer may elect to remove their approval for their individual Bet within such Group Bet, in which event their respective individual Bet is void and deleted, and the original stake returned to the Joiner Customer. In such instance, if the Creator Customer subsequently decides to place the Group Bet, the Creator Customer and each other Joiner Customer will still have a Bet placed with Stakemate, not including any leg of the Group Bet selected by the Joiner Customer who removed their approval and who did not have a Bet placed.
C.14 The Creator Customer can delete a Group Bet before it is placed, which will result in all Customers having their stakes refunded.
C.15 If by 7am (UK time) the day after the Group Bet was created, the Creator Customer does not confirm to Stakemate that the Group Bet should be placed, the respective Group Bet will be voided.
C.16 Stakemate reserves the right to suspend or remove the Group Bets feature at any time for any event, fixture, market or customer.
D. Betting and Payout Limitations
D.1 All bets submitted on the sportsbook are subject to our own evaluation prior to acceptance. We may decide to decline such bets after evaluation for any reason including handling exposure and checking data integrity. In some cases, we may propose a max stake limit if your original stake is declined.
D.2 All Bets placed can be subject to a time delay prior to acceptance (the length of which may vary). Such delay is determined by Stakemate at its sole discretion.
E. Cancellation (Voiding) of Bets
E.1 A Bet can be declared void, and in such circumstance, the initial stake will be returned. Where Stakemate has provided a Customer with a free bet, the stake of the free bet will not be returned.
E.2 All Bets accepted in the following circumstances will be declared void:
· betting effected after an Event has started; and
· betting effected on an Event where the Event is subsequently suspended or cancelled.
E.3 We reserve the right to void Bets where an Event’s start time is delayed or postponed. Bets would be made void prior to the rearranged game’s start time.
Accumulator bets
E.4 Bet Builders that include player markets (to be carded, to score etc.) will remain live even if selected players do not participate in the Event. If all other selections within the Bet Builder win, the Bet Builder will be voided with your stake returned. If any of the selections lose, the Bet Builder will be settled as a loser. If all selections are voided, the Bet Builder will be voided with your stake returned. This also applies to Accumulator Bets that have Bet Builders within them.
E.5 If an Accumulator Bet has a selection that is void, the Accumulator will remain live with the new odds being every selection’s odds (at the time of placement) within the Accumulator multiplied together. If a Bet Builder’s first settled selection is void or the Bet Builder contains a combination of voided and won selections with no lost selections, the whole Bet Builder will be void.
E.6 Where one or more selections of an Accumulator or Bet Builder are pending settlement, the entire Accumulator/Bet Builder will remain unsettled. If there is a losing selection in the Accumulator/Bet Builder that has settled, the Bets will be settled as a loser.
E.7 An Accumulator which combines different selections within the same event or selections of events with the same participants shall not be accepted where it would be impossible for all such different selections to be correct. Although Stakemate takes all necessary steps to prevent such possibilities, in the eventuality that this would happen, Stakemate reserves the right, solely at its own discretion, to declare void all parts of the Accumulator which include the correlated outcomes.
Group Bet Specific
E.8 If one Customer in a Squad has placed a Bet as part of a Group Bet and their Bet is voided for any reason, every other Customer’s Bet in such Group Bet would also be voided.
E.9 Stakemate will void a Joiner Customer’s individual Bet if they self-exclude in the period between having accepted the proposed Group Bet and the Creator Customer placing such Group Bet. If a Creator Customer self-excludes in the period between creating and placing the Group Bet, each of the Bets in such Group Bet are void and stake(s) are refunded.
F. Result Settlement
F.1 All Bets are settled on results provided by our data service provider, unless there is clear evidence that such results are not correct. If no official result is available after an Event has finished, Stakemate reserves the right to await official confirmation of the result and therefore delay settlement for up to 48 hours. If a result is not confirmed after 48 hours, then all Bets will be voided.
F.2 All Bets are settled based on results at the end of “Regular Time” or “Full Time” only and do not include any prolongation (Extra Time/overtime and/or penalty shootouts where applicable), unless explicitly stated in the bet offer. Such bet offers refer to markets such as ‘method of victory’ (Full Time, Extra Time or Penalties), or ‘Extra Time total goals over/under’.
F.3 Bets on teams which are disqualified before the start of an Event will be made void.
F.4 Bets on cancelled events (i.e. not taking place at all) will be void.
F.5 When calculating Bet settlements, Stakemate will use the decimal format by default. This will be irrespective of Customer preferred settings.
FOOTBALL
F.6 Only occurrences which have been acknowledged by match officials will count towards Bet settlement.
F.7 Bets will stand if a match kicks-off earlier than the originally stated kick-off time/date.
F.8 Bets will stand where a match is postponed and rescheduled by the governing association to start within 48 hours of the original kick-off time stated. Bets will be void where the match does not start within 48 hours of the original kick-off time.
F.9 Bets will stand when a match is abandoned before it has completed and then restarted within 48 hours of the original kick-off time. If the match is not restarted within 48 hours then all Bets will be void except for:
(i) markets where the outcome has already been determined; or
(ii) if the governing association declares the result at the time of abandonment as final, Bets will be settled on this decision.
F.10 Bets apply to the standard 90 minutes of play unless otherwise stated. The standard 90 minutes of play include added injury/stoppage time but does not include Extra Time, penalty shootout or golden goal.
F.11 Bets on “Extra Time” and “Total Goals – Extra Time” are settled on the result during Extra Time (but does not include penalty shootout) and do not include the standard 90 minutes of play including injury/stoppage time unless otherwise stated.
F.12 In the case of a venue change, all Bets will stand.
F.13 For Bets on “Both Teams To Score” and “First Team to Score” markets, own goals count to the side credited with the goal.
F.14 Own goals will not be considered for ‘Player to Score’ markets settlement purposes and are ignored.
F.15 Markets will be settled based on statistics provided by our data service provider unless there is clear evidence that these statistics are not correct. Adjustments to settlement will not be made for any changes or adjudications made by governing bodies after the event.
F.16 All pre-match Bets on ‘Player to Score’ where the player is not then in the squad or stays on the bench for the entire match will be made void. All in-play Bets on ‘Player to Score’ where the player stays on the bench for the entire match will be made void.
F.17 If the match is abandoned after a goal has been scored, all unsettled Bets on the market will be void.
G. Market Definitions
G.1 Full time result - You are betting on the outcome of the match (Home, Draw, Away) at the end of the 90 minutes of play, which includes any added injury or stoppage time (“full time”), but does not include Extra Time, or the result after a penalty shootout.
G.2 Double chance – You are betting on the full time result with two selections covered in your Bet:
Home or draw – If home wins or the match is a draw then Bets on this option are winners.
Draw or away – If away wins or the match is a draw then Bets on this option are winners.
Home or away – If home or away wins the match then Bets on this option are winners.
G.3 Over/Under Total Goals – You are betting on the number of goals at full time either being under or over the betting line. The most popular line is over/under 2.5 goals. For example, if the line is over/under 2.5 goals and you select under 2.5 goals and the match ends 1-1, then your selection is a winner as the total goals equals 2, which is under 2.5. If the match ends 2-1, your selection is a loser as the total goals equals 3, which is over 2.5.
G.4 First Team To Score – You are betting on which team will score the first goal in full time. Selections can be no goal, or home or away to score first. Any selection winning results in the other two options being losers.
G.5 Both Teams To Score – You are betting on whether both teams in the match will score at least one goal during full time. There are “yes” and “no” selections, yes being both teams will score at least one goal, and no being that both teams will not score at least one goal.
G.6 Player To Score – You are betting on a player to score at any point up until full time.
G.7 Half time Result – You are betting on the winner (Home, Draw, or Away) of the first half of the match. If you select the home team, and the first half ends with them 1-0 up, then your Bet is settled as a winner, even if the team goes on to lose the match at full time.
G.8 Over/Under Half Time Goals – You are betting on the number of goals at the end of the first half either being under or over the betting line. If you select under 1.5 goals and the first half ends 0-0, then your selection is a winner as the total goals equals 0, which is under 1.5.
G.9 Total Corners Over/Under – You are betting on the total amount of corners at the end full time being under or over the betting line. For example, if the betting line is under/over 9.5 corners, if you select under and there are seven corners at full time, your Bet will be settled as a winner as the number of corners equals 7, which is under 9.5.
G.10 Team With Most Corners – You are betting on the team (Home, Draw, Away) to have the most corners at full time. For home or away to win, the selected team would need to have more corners at full time than the other team. For a draw selection to win, each team would need the same number of corners at full time.
G.11 Total Booking Points Over/Under – You are betting on the total number of booking points at full time being under or over the betting line. Here is the booking point value of cards:
One yellow card = 10 booking points
Red card = 25 booking points
Two yellows (for the same player) into a red card = Booking points 35 (10+25).
If you are betting on Over/Under 42.5 Booking Points, and you select over, if five individual players each receive a yellow card then your Bet will win. This is because the total booking points will be 50 (5x10).
H. Squads
H.1 By using the Squads feature, you agree to the below.
H.2 Stakemate Squads are not directed to anyone below the age of 18.
H.3 If we have actual knowledge that you are under the age of 18 or giving someone access to squads who is under 18, we will cease providing the Services.
H.4 You are solely responsible for your interactions and communications within Squads. You agree not to use Squads for any unlawful, abusive or harmful purpose.
H.5 You must not share inappropriate content, including but not limited to, offensive language, explicit material or hate speech.
H.6 You agree not to engage in any form of gambling or betting activity that violates local laws or regulations.
H.7 By sharing content with Squads, you grant us a non-exclusive, royalty-free license to use, reproduce, modify, adapt, publish, translate, and distribute such content for the purpose of providing and improving the Squads feature.
H.8 You retain ownership and responsibility for the content you share and are liable for any legal consequences arising from such content.
H.9 We are committed to protecting your privacy and data security. Information shared within Squads is subject to our Privacy Policy.
H.10 We reserve the right to monitor, review and moderate content shared within Squads.
H.11 We may remove or restrict access to any content that violates these terms and conditions or our community guidelines.
H.12 We may suspend or terminate your access to Squads if you violated these terms or engage in prohibited conduct.
H.13 We shall not be liable for any direct, indirect, incidental, special, consequential, or punitive damages arising out of or in any way connected with your use of Squads, including but not limited to damages for loss of profits, goodwill, use, data or other intangible losses.
H.14 By using the Squads feature, you acknowledge that you have read, understood and agreed to these terms and conditions. If you have any questions regarding Squads or these rules, please contact us at support@stakemate.com.
I. Free Bets
I.1 You can check to see if you have any free bets in your account by logging in and seeing if there is a yellow free bet icon on the top of the screen.
I.2 Make sure to check T&Cs of the specific promotion you are eligible for to see when your free bets will expire.
I.3 To use a free bet, click on “use free bet” on the betslip before placing your bet. “Use free bet” will only be visible if you meet the criteria for the free bet, for example a minimum odds requirement.
I.4 If a free bet is won, then the winnings will be credited as cash to your withdrawable balance. Returns from free bet winnings exclude free bet stakes.
I.5 If a Customer has not deposited prior to winning a free bet, to withdraw from their balance they will need to deposit first as Stakemate will not hold any bank account data to withdraw to.
I.6 Stakemate reserves the right to suspend Free Bets at any time for any event, fixture, market or customer.
J. Welcome Promotion
J.1 The welcome free bet promotion is available for a limited time only until the allocated budget for the promotion is met.
J.2 The free bet can only be used on bets with three or more selections and the combined odds of the selections must be 4.0 or greater to place the free bet.
J.3 Only one free bet per user is allowed during the promotional period.
J.4 The free bet amount is predetermined and non-negotiable and cannot be exchanged for cash or any other bonuses.
J.5 The free bet cannot be divided and must be used as a single bet.
J.6 Users must adhere to all general terms and conditions of the betting platform.
J.7 We reserve the right to amend, suspend or terminate the promotion at any time without prior notice.
J.8 Any attempt to abuse or manipulate the terms of the free bet promotion will result in disqualification and potential account closure.
K. Promotional Codes
K.1 Stakemate will from time to time release promotional codes which we will advertise ourselves or via promotional partnerships.
K.2 Customers can enter promotional codes on the account screen on the App, below where their name is listed.
K.3 Individual promotional codes can only be redeemed once.
K.4 Customers can redeem multiple promotional codes if they are valid.
K.5 Promotional codes have expiry dates, which will be visible in stakemate.com/promotions.
K.6 We reserve the right to expire promotional codes at our discretion, but we will not void use of promotional code benefits after a promotional code has been redeemed.
L. Cash Out
L.1 Cash out is available on selected fixtures and markets both pre-match and in-play, on single, Bet Builder, and Accumulator bets.
L.2 The cash out amount offered is based on the current market prices and may fluctuate in real-time according to the performance of the selected event or market.
L.3 A short time delay in accepting a cash out request is in place. If a price changes or a market suspends then the cash out request may not be successful.
L.4 If the cash out request is successful, this will be illustrated to the customer and the bet will settle immediately. By accepting a cash out offer, you agree to settle your bet at the offered amount, regardless of any subsequent changes in the event or market outcome.
L.5 The cash out amount offered at any given moment is the total amount that will be returned to your wallet balance if the cash out request is completed.
L.6 Cashed out bets will not count towards qualification for any promotions.
L.7 Free bets cannot be cashed out pre-match and any cash out returns in play will not include the free bet stake.
L.8 Stakemate reserves the right to suspend or remove the cash out feature at any time for any event, fixture, market or customer. Any bets placed in such scenarios will stand as originally placed.
L.9 Stakemate reserves the right to reverse the settlement of a cash out if the bet or a market is settled in error.
L.10 Stakemate will make every effort to ensure smooth functioning of the cash out feature, we shall not be held responsible for any technical issues or disruptions that may affect its availability or operation.