Players who frequently use VPN and log in from different IP addresses may result in their bets being voided. BetPro Exchange reserves the right to suspend accounts and void bets if users log in from different IP addresses from multiple cities. All BetPro Exchange users, including ‘Super’, ‘Master’, and ‘Sub’ account holders, must read and agree to the following ‘Terms and Conditions’:

The website www.BetProExch.com and its original content are the sole property of ‘RAEEN EXCHANGE N.V.’ and are fully protected by international copyright and other intellectual property rights laws.

BetPro Exchange does not tolerate any form of ‘Passing of funds’ or ‘Self Matching’. Users found participating in such activities will have their accounts locked, and any funds will be reversed. BetPro Exchange reserves the right to void any bets related to these activities at any time within one week of the bet being placed.

Any self-matching bets on non-favorite teams when liquidity is low will be voided, even if the player account is in a negative balance for the event. The upline will be held responsible for such bets.

If any account has been locked due to ‘Passing of funds’ within the last 72 hours, BetPro Exchange reserves the right to void any bets of this nature within the account, regardless of when the bet was placed.

BetPro Exchange will not entertain any arguments or claims regarding the above context, and the decision made by BetPro Exchange will be final.

BetPro Exchange aims to provide services 24/7. However, if there are any technical issues or disruptions from the provider (Betfair.com), BetPro Exchange will not be liable for any market positions held by account holders.

Betfair.com reserves the right to resettle or void any market for technical or delayed suspension reasons. In such cases, BetPro Exchange will settle according to Betfair.com.

‘Super’ and ‘Master’ account holders will be held responsible for any financial penalties incurred for the misuse or ‘passing of funds’ from any ‘Sub’ account holders under their accounts, regardless of whether the financial positions of the sub-accounts have been settled by their superior ‘Super’ or ‘Master’ holders.

If anyone is found using two different IDs and logging in from the same IP, their winnings in both accounts will be cancelled.

BetPro Exchange reserves the right to void any bets deemed suspicious, including those placed from the stadium or from a source at the stadium. The final decision to void the bet or the entire market will be at the discretion of BetPro Exchange.

Cheating bets, matching (passing of funds), court siding (ghaobaazi on commentary), sharpening, and commission-making are not allowed in BetPro Exchange. Any user caught engaging in such activities will have their account funds seized and confiscated. BetPro Exchange management’s decision in this matter will be final.

Fluke hunting/seeking is prohibited in BetPro Exchange. All fluke bets will be reversed. Cricket commentary is an additional feature and facility for BetPro Exchange users, but BetPro Exchange is not responsible for any delay or mistakes in commentary.

Members are not permitted to hold multiple accounts. This includes holding an account with any associated site operating on the same platform as this site. The site reserves the right to void bets from accounts found to be exceeding maximum bet or maximum market limits by using multiple accounts across this and any other associated sites.

Scalping and jobbing trades are strictly prohibited in meta for all symbols. The company reserves the right to void all profitable jobbing trades. Manipulation and cheating (chamka) trades will be deleted at any time.

Fresh limit and fresh stop-loss orders are not allowed, only allowed when there are existing holdings. Positions will be stopped out at 20

Exchange Rules and Regulations

Part A – Introduction Restricted territory information Please note that our restricted territory information applies to both residents and visitors in the restricted areas. If accounts registered in a non-restricted territory attempt to access and engage in betting activity from a restricted territory, they will become restricted.

The following countries are considered restricted territories: Algeria, Australia, Austria, Bulgaria, Canada, China, Cyprus, Czech Republic, Democratic People’s Republic of Korea, Denmark, Europe, France (including French territories), Gibraltar, Germany, Iran, Iraq, Ireland, Italy, Japan, Malta, New Zealand, Poland, Portugal, Qatar, Romania, Singapore, South Africa, Spain, Turkey, United Kingdom, and United States of America (including US territories).

We reserve the right to void all player winnings if they are found to come from a restricted territory.

  1. Use and interpretation The Exchange Rules and Regulations (“Exchange Rules”) are a part of the terms and conditions.

The Exchange Rules apply to all bets placed on Exchange markets, including the Exchange Multiples product. The Exchange Rules consist of the following:

  • This INTRODUCTION section (Part A);
  • The GENERAL RULES (set out in Part B below);
  • The SPECIFIC SPORTS RULES (set out in Part C below – these apply to certain sports and financial markets); and
  • The MARKET INFORMATION (located on every market under the tab entitled “Rules” or under the ‘Rules’).

The General Rules apply to all bets unless stated otherwise in the Market Information or the Specific Sports Rules. If there is any inconsistency between the Specific Sports Rules and the General Rules, the Specific Sports Rules shall prevail. If there is any inconsistency between the Market Information and either the General Rules or the Specific Sports Rules, the Market Information shall prevail, except where the General Rules or Specific Sports Rules use the phrase ‘regardless of what it says in the Market Information’ or similar wording.

For any category or market not referred to in the Specific Sports Rules (e.g., Special Bets or beach volleyball), the General Rules and Market Information will apply.

  1. Market information The Market Information is provided for information purposes as a guide on how to manage the market. The Market Information may also contain rules on market settlement, but it must always be read in conjunction with the General Rules and the relevant Specific Sports Rules. A link to this Rules and Regulations page will usually be provided in the Market Information for each market.

Although the Market Information may provide a guide to how markets will be managed, we reserve the right to suspend any market at any time at our sole discretion, including for necessary administration and/or to take any necessary action to protect our customers.

We will not amend the Market Information after a market has been loaded except to correct obvious errors and/or to add wording to clarify the Market Information where appropriate.

  1. Customer responsibility Customers should be aware of all the Exchange Rules affecting any market on which they wish to place a bet. Customers should not solely rely on the Market Information as it may not contain all the applicable rules relating to a market.

Due to their unpredictable nature, “Special Bets” markets should be treated with caution. Customers are responsible for managing their own positions at all times in such markets. Customers should pay particular attention to the Market Information on “Special Bets” markets to ensure they understand the basis on which the market will be administered and settled.

  1. Customer betting disputes & IBAS Customers with any concerns or questions regarding the Exchange Rules or regarding the settlement of any market should contact us.

If a customer is not satisfied with how a bet or market has been settled, they should provide details of their grievance.

Please note that all communication should be in the English language

General rules for managing in-play markets and results and market settlement are described below:

Managing markets In-Play:

a) For events other than horseracing and greyhound racing, if a market is not scheduled to be turned in-play but fails to suspend the market at the relevant time, then bets matched after that scheduled off time will be void. For horseracing and greyhound racing, if a market is not scheduled to be turned in-play but fails to suspend the market at the relevant time, then all bets matched after the official ‘off’ time will be void.

b) For markets scheduled to be turned in-play, it aims to use reasonable endeavors to turn such markets in-play at the time of the ‘off’. However, it does not guarantee that such markets will be suspended and turned in-play at the time of the ‘off’. If a market is not turned in-play at any time during the event, then all bets matched after the scheduled time of the ‘off’ will be void. If a market is intentionally turned in-play at a later time during the event, all bets matched after the time of the ‘off’ will stand.

c) For soccer markets, it aims to use reasonable endeavors to turn such markets in-play at kick-off and to suspend such markets on the occurrence of a Material Event (a goal, penalty, or player sent off). If a market is not turned in-play at any time during the match, then all bets matched after the scheduled time of the kick-off will be void. If a market is turned in-play at a later time during the match, all bets matched after the scheduled time of the kick-off and before the first Material Event will stand. However, any bets matched between the first Material Event and the market being turned in-play will be void.

d) For Australian markets, if it fails to suspend the market at the ‘off’ then all bets matched after the scheduled time of the ‘off’ and before the market is turned in-play will be void.

Results and market settlement:

a) Markets will be settled as set out in the Market Information and/or the Specific Sports Rules.

b) If a market is not settled within 24 hours of the completion of the event, the result will be determined by reference to the relevant governing body.

c) Settlement of markets will be based on the official result regardless of any subsequent disqualification or amendment to the result. However, if the official result is not announced within 24 hours, then bets will be void unless settlement of the market has already been determined.

d) Settlement of markets is final and not subject to change, except in exceptional circumstances, such as an error. Any changes will be made in a manner determined by it in its sole discretion.

e) If a customer receives payment in error, it must notify the company as soon as reasonably practicable and repay the amount incorrectly credited. If a customer does not notify the company of the error, it may take action to recover the amount incorrectly credited.

The rules for abandonments, cancellations, and postponements of different markets vary and are specified in the Specific Sports Rules and/or the Market Information.

If the rules for a market are not specified in either of these, the following conditions apply:

  • For a match, fixture, game, individual event, race, or similar event, if the event remains incomplete even after three days from the scheduled completion date, all bets placed on markets for this event will become void except for bets on any markets that have been unconditionally determined.
  • For a tournament, competition, or similar event, if the event remains incomplete even after three days from the scheduled completion date, markets relating to the event will be settled as per the official ruling of the governing body. If such a decision is given within 90 days from the scheduled completion date, the markets will be settled accordingly. If no official ruling is announced within this period, bets placed on any market relating to this event will become void, except for bets on any markets that have been unconditionally determined. If a market is to be voided but has been part-settled as a customer courtesy, then such part-settled bets will be reversed and all bets on the market will become void. The decision to determine whether a market relates to a match or a tournament will be made reasonably. However, as examples, Europa League outright, Champions’ League Group outright, and Top Premiership goal scorer are tournaments, whereas 72-hole Golf Match bet, Ryder Cup outright, Golf tournament outright, Tennis Tournament outright, 5-day Cricket Test Match, Ashes Series outright winner, and Motor Race (e.g. Grand Prix) are matches. For any market that does not have specified rules regarding a change of venue, the following applies:
  • If the scheduled venue changes after the market is loaded for any team sport, all bets will become void only if the new venue is a home ground of the original away team.
  • For all categories or markets other than team sports, if the scheduled venue changes after the market is loaded, all bets will stand.
  • If there is a change in the type of scheduled surface, e.g., a hockey match switching from grass to Astor-turf after the market has been loaded, all bets will stand. For periods of time, if any event’s scheduled duration changes after the market has been loaded but before the start of the event, all bets will become void. Some markets refer to the length of time until an occurrence in the event, e.g., the time of the first goal. If an event happens in stoppage or injury time after any regular time period, it will be deemed to have occurred at the end of the regular time period, including stoppage time. However, any extra-time and/or penalty shoot-out is not included. References within these rules to a specified number of ‘days’ mean the end of the day local time after the expiry of the specified number of days. For example, if a rugby match is scheduled for December 1st, then the deadline for completion of that match would be 23.59:59 on December 4th if the rule allowing the match to be completed within three days after the scheduled completion date is used (see Paragraph 3 above). For match bets, the rules are specified in the Specific Sports Rules and/or the Market Information for some markets, such as Golf markets. However, if there are no specified rules, the following applies:
  • For one-off events, the competitor or team with the best score, time, or finishing position in the event determines the ‘Match Bets.’ If none of the competitors or teams involved in the match bet complete the event or register a score, time, or finishing position, bets will become void unless

To qualify markets:

In some sports betting markets, there are rules specific to the type of bet being made. However, if these rules are not mentioned, then the “to qualify” market will be determined based on the competitor or team that qualifies under the conditions specified in the market information, even if they do not take part in the next round or event.

Dead heats:

In a situation where there are more winners than expected, the Dead Heat Rule applies to bets on that market, unless otherwise stated in the Specific Sports Rules and/or the Market Information. Each bet matched on a relevant winning selection has its stake money reduced proportionally, based on the number of winners expected and the number of actual winners, with the remaining stake money paid to the appropriate layers. The winnings are then paid to the successful backers on the reduced stake, multiplied by the traded price.

Exchange Multiples

Exchange Multiples are multiple bets made up of a number of legs, with each leg consisting of one or more selected individual event markets. The Exchange Rules that apply to each individual sport relating to any leg of any multiple bet also apply to all Exchange Multiples. The maximum payout limit for Exchange Multiples is £1,000,000. Customers can place Exchange Multiples using back or lay selections but cannot have a combination of both in any one leg. If customers select more than one selection in one leg, the odds for this leg will be combined to reflect the chances of any of the selections within the leg winning or all of the selections losing. If customers wish to place a cross-multiple bet, they will need to enter each Exchange Multiple bet separately. The odds available for Exchange Multiples will be broadly based on the relevant singles markets on the Exchange, and any winnings from Exchange Multiples bets struck at BSP will not be subject to commission, but the odds returned on each leg in such a multiple will be subject to a 5% deduction from the BSP.

Starting Price Bet Rules

Starting Price (SP) is a type of Exchange bet, and it is available on the Exchange. The SP is calculated by balancing all SP bets and other Exchange bets when the market is suspended at the ‘off’ of the relevant event. This includes unmatched Exchange bets to ensure that all SP backers and SP layers get the benefit of those bets. An SP bet cannot be canceled once it is placed. The minimum liability for a bet placed at SP is £10 for a lay bet and £2 for a back bet.

When you place a bet at SP, you are betting against other customers. However, during the reconciliation of the SP, the Exchange acts as a counterparty in order to balance liabilities between SP bets and other Exchange bets. The odds for each selection are calculated by matching SP backers and other Exchange backers against SP layers and other Exchange layers.

The SP is calculated to six decimal places for each selection, although it may be displayed in the relevant market view (or in any form/results data) to two decimal places, rounded up or down as applicable. If the site is unavailable when an event starts, or the SP cannot otherwise be reconciled at the ‘off’, it will determine the SP using all available information. In these circumstances, a licensed betting operator within the group may act as a risk counterparty to SP bets if necessary to ensure a fair SP.

If the SP reconciliation process is undertaken prematurely, it will endeavor to reverse the reconciliation so that the SP is determined when the event starts. If the SP reconciliation process is undertaken later than scheduled, it will be determined based solely on SP bets (and ‘At In-play: Take SP’ bets which are unmatched when the relevant market suspends), placed before the ‘off’. If a material event has occurred, ‘At In-play: Take SP’ bets matched after the off will be made void and not included in the reconciliation process.

If an SP ‘each way’ option is offered, it will be processed as two separate bets: a win bet at SP and a ‘to be placed’ bet at SP. If for any reason unmatched bets are canceled prior to a market going in-play, then any unmatched bets that have been selected to ‘At In-play: Take SP’ will be converted to SP bets. Once those bets are converted, they cannot be canceled.

When you place a bet at SP (Starting Price), you are wagering against other customers. However, during the reconciliation of the SP, it acts as a counterparty to balance liabilities between SP bets and other Exchange bets.

To place an SP bet, you have two options. Firstly, you can leave the “Set SP odds limit” box unticked to request a bet at SP. For a back bet, you must enter the stake you want to wager on the selection, while for a lay bet, you need to enter the liability you are willing to risk against the selection, which is the amount you could lose if the selection wins or places.

Secondly, you can choose the “Set SP odds limit” option to request an SP bet based on minimum SP odds in the case of a back bet, or maximum SP odds in the case of a lay bet. If the SP is shorter than the minimum price requested by a backer or longer than the maximum price requested by a layer, the relevant bet will lapse when the event starts. However, if the SP is longer than the minimum price requested by a backer or shorter than the maximum price requested by a layer, the bet will be matched at the SP. If the SP is equal to the price limit specified by customers, those bets will be included based on the time they were submitted, on a first come, first served basis. However, such bets may be unmatched or partially matched.

It’s important to note that if a non-runner cannot be removed from the relevant market until after the event, the application of any reduction factor to bets matched at or before the “off” (including SP bets) may result in the matched price for an SP back bet with an odds limit requested being adjusted to a price below the lower limit requested. This may also mean that an SP lay bet request with a maximum odds limit requested may not be matched, even if the odds on the selection, after any post-race adjustment for the late non-runner, are below the maximum odds requested.

If you choose to convert an unmatched Exchange lay bet to an SP bet, the liability of your Exchange lay bet will be converted into a liability for the SP bet. However, your liability for that SP bet will never be more than the liability for the Exchange bet you had specified. The amount you can win on the SP lay bet may differ from the amount you would have won had the Exchange bet been matched, depending on the final SP.

For SP back bets, the stake or odds requested by a customer will not be amended, regardless of any non-runners or withdrawals. However, customers who have selected the SP limit option can reduce the minimum SP odds they are willing to accept on a selection.

For SP lay bets on win markets, the liability of a customer will be reduced based on the reduction factor(s) of any non-runner(s) and the reduction factor of the runner on which the customer’s bet has been placed. This is done to ensure that the balance between the backers’ stakes and the layers’ liability reflects the revised market after the runner has been removed. For example, if a horse with a 50% reduction factor becomes a non-runner, then another horse in the same market priced at about 5 (i.e., a reduction factor of 20%) will change to a price of about 2.5. Therefore, the liability on a £200 lay bet on that runner will need to change.

Understanding the ‘Keep’ Bet Option and Rules for Tote Betting: An Overview

The following text provides an overview of the ‘Keep’ bet option available for Exchange bets that are scheduled to be turned in-play at the ‘off’. It also explains the rules that apply to Tote betting on the platform.

  1. Keep Bet Option For Exchange bets that are scheduled to be turned in-play at the ‘off’, customers can request that an unmatched bet should not be cancelled when the market is turned in-play. This is done by selecting the ‘At In-Play: Keep’ option in the bet manager and confirming the request. The unmatched bet will persist when other unmatched bets are cancelled at the start of the event.

1.1 Non-Runner Policy When a non-runner is removed from a horseracing market (except for late withdrawals), unmatched offers to lay all other horses in the market will be cancelled if the non-runner has a reduction factor of 2.5% or greater for win markets, or 4.0% or greater for place markets. In such circumstances, offers to lay a horse with the ‘At In-Play: Keep’ option selected will not be cancelled. The lay odds offered in place markets will be reduced in proportion with the reduction factors of any non-runner(s). The same applies in win markets, provided the relevant non-runner has a reduction factor of at least 2.5%.

1.2 Late Withdrawals If there is a late withdrawal, it may not have time to remove the non-runner from the market before turning it in-play. In such cases, if it determines that the late withdrawal is a material runner (a selection with a reduction factor of approximately 20% or greater in the win market), it reserves the right to cancel ALL lay ‘keep’ bets (in both the win and ‘to be placed’ markets) before turning the market in-play. If it does not cancel lay ‘keep’ bets in the case of a late withdrawal, any such bets placed before the off and matched in-play will remain at the original selected price. These lay ‘keep’ bets will not be subject to any reduction factor that will be applied after the completion of the race to bets matched at or before the ‘off’.

1.3 Exceptions In exceptional cases, it reserves the right to cancel ‘keep’ bets to protect customers. However, unless stipulated in the market rules or the market information, the general principle is that at no point will a ‘keep’ bet be cancelled by it unless it remains unmatched when the market is closed (for the final time) at the end of the event. For example, when a Material Event occurs in a soccer match and other unmatched bets are cancelled before the market is reopened, a keep bet will not be cancelled.

  1. Rules for Tote Betting When placing a Tote bet on the platform (e.g., a UK or South African Tote bet), customers are betting against the counterparty to their bet. A link to the rules that apply to Tote bets struck as a counterparty is provided within each of the relevant bets. If there is any conflict between those rules and the equivalent rules available on the relevant Tote website or applied by the relevant host racetrack, the rules on the relevant Tote website or applied by the relevant host racetrack will prevail.
  2. Miscellaneous All references to time periods in the Exchange Rules relate to the time zone in which the event takes place. All information is provided in good faith, but it cannot accept liability for any errors or omissions in respect of any information, such as the posting of prices, runners, times, scores, results, or general statistics. It reserves the right to correct any obvious errors and shall take all reasonable steps

Part C – Specific Sports Rules

American Football

All bets will be settled based on the result including overtime, unless the market has been unconditionally determined or stated otherwise in these American Football rules or Market Information, such as the half-time/full-time market. If the game results in a tie after overtime, all bets on the outright match winner market will be void. If the game does not start on the scheduled starting date and is not completed within three days of the scheduled completion date, all bets will be void, except for those on markets that have been unconditionally determined. If a game starts but is later abandoned or postponed, within three days of the scheduled start date, at least 55 minutes of play must have elapsed or an official result must be called by the governing body; otherwise, all bets will be void, except for those on markets that have been unconditionally determined. If the scores are tied, then all bets on the outright match winner market will be void for such instances. For ‘Individual player’ markets, bets shall be void on any player who does not start in any down during the match.

Athletics

If there is a presentation ceremony, the markets will be settled on the official result of the relevant governing body at the time of the ceremony, regardless of any subsequent disqualification or amendment to the result. If there is no presentation ceremony, outcomes will be determined in accordance with the official result of the relevant governing body, regardless of any subsequent disqualification or amendment to the result, except if an amendment is announced within 24 hours of the initial settlement of the relevant market in order to correct an error in reporting the result. Unless stated otherwise in the Market Information, if a track or field event is abandoned, cancelled or postponed and not completed within seven days of the scheduled completion date, all bets will be void, except for those on markets that have been unconditionally determined.

Australian Rules Football

Bets apply to regular time excluding overtime. However, bets on “Finals” matches apply to regular time including overtime, except for those on markets that have been unconditionally determined or stated otherwise in the Market Information, such as half-time/full-time markets. If the game results in a tie, dead-heat rules apply to bets on the match odds market. If the game does not start on the scheduled starting date and is not completed within three days of the scheduled start date, all bets will be void, except for those on markets that have been unconditionally determined. If a game starts but is abandoned or postponed before half-time and not completed within three days of the scheduled start date, the match shall be deemed to be a tie and settled on dead-heat rules. If a game starts but is abandoned or postponed in the second half and not completed within three days of the scheduled start date, the match shall be settled on the official result of the relevant governing body. In both instances, bets on the match odds market will be settled as set out above, and all other bets will be void, except for those on markets that have been unconditionally determined. All bets relating to any individual player will stand if they are listed in any 22-player squad on the match day, irrespective of whether they take any part in the game or not.

Baseball

These Baseball Rules apply to Major League Baseball (MLB), World Baseball Classic, and Japanese Baseball only. All other baseball, including Finnish Baseball, will be governed by the rules set out in the General Rules and the Market Information. If a match does not start on the scheduled starting date, all bets will be void. If an MLB match starts but is later abandoned or postponed and an official result is not declared within three days of the scheduled start date, all bets will