Company Rules


The terms, conditions, rules and regulations ("Information") compiled in this document are accurate as of 14 February, 2008 and are subject to change without notice. It is the responsibility of any person seeking to rely on the Information to determine, by contacting Canbet directly, the current applicable terms, conditions, rules and regulations.

All bets are processed by Canbet on its computers in London, England in accordance with its UK bookmaking licence. Please familiarise yourself with the rules below.

  1. Canbet is an Internet and Telephone Wagering service licenced in the UK. It is not intended to be an offer or solicitation in those jurisdictions where sports betting is prohibited. Please consult the appropriate government legal authorities or your own legal advisor regarding your local betting laws.

  2. All people placing bets must be at least 18 years of age. Please note that is a legal offence for persons under the age of 18 to gamble. During the account opening and money transfer processes you may be required to certify your age and identity (e.g. by faxing a copy of your driver's licence or passport). Canbet reserves the right to suspend or close accounts where it has not been sufficiently satisfied that the Customer is at least 18 years of age.

  3. Jurisdictional legislation

    (a)Under Australian law, by way of the Interactive Gambling Act 2001.

    i. Prohibition on Internet 'Live Betting' (Betting In-Play) in Australia. Under Australian law, if you are physically present in Australia, you agree you will not make or attempt to make an Internet bet on those bet types offered by Canbet on an event which is currently live in progress.

    Canbet is legally able to accept bets from clients physically present in Australia on events live in progress (Betting In-Play) over the telephone on 1800 898 008 (+44 208 996 5618 non-Australian).

    ii. Canbet Gaming (operated by Global Sports Entertainment) is not permitted to offer gaming services to persons present in Australia. If you are present in Australia, you are not permitted to enter, or attempt to make an entry into, a game conducted on Canbet Poker, Canbet Casino and Canbet Games. Any bets made in breach of this condition are void.

    (b) In compliance with pending US legislation, the Unlawful Internet Gambling Enforcement Act, sports wagers will not be accepted from any US resident.

  4. All Internet and Phone bets are recorded by Canbet in England.

  5. Internet bettors should check their wagers for accuracy before submitting their bets. They should print, for their own records, their confirmation betting ticket.

  6. Each client is wholly responsible for the secrecy of his betting account and should make every effort to prevent the use of the personal account number by any third party, as any transactions entered into where the account holder's number has been given to effect a wager, shall stand as bona fide transactions dependent only upon the current balance of the account.

  7. No bet may be cancelled, changed, or modified by the bettor, in any way, once it has been received and accepted by Canbet.

  8. Canbet will keep a record of all point-spreads, odds, final scores and related betting proposition statistics to protect both the customer and house in case of obvious mechanical or human error.

  9. When a line is put up in obvious error due to a human error by a Canbet employee, any customer wagers entered to take advantage of the error will be cancelled.

  10. Unless an event is being covered by the Canbet 'Betting in the run' service, bets placed after the start of the relative event will be considered void. 'Betting in the run' events will be flagged with a LIVE prefix on the Internet betting system. Any event without such a prefix is not considered as being covered by Canbet Betting in Running' service. If a game is flagged with a LIVE prefix and begins before the scheduled time, only wagers before the start of the game will be considered valid.

  11. Canbet reserves the right to refuse any wager prior to its acceptance.

  12. Minimum and maximum wagers on all sporting events will be determined by Canbet. The maximum payout on any individual, multiple or combination bet, or, to any individual on any one day, is limited to US$400,000.

    In addition to the daily limit stated above, daily win limits apply to specific events. These limits include all winnings derived from wagers placed by the client on the individual event, regardless of whether the event is included as an element of a multiple, a group of multiples, or as a single wager. It is important to bear these limits in mind as we cannot be responsible for bringing them to your attention at the time the wager/s is/are placed.

    Without prior negotiation, the maximum win payable by Canbet to any one individual or entity, or group deemed to be acting on behalf of any one individual or entity, on any one event shall be limited to:

    Horse Racing:

    Great Britain – US$50,000

    Ireland – The Curragh, Fairyhouse, Galway, Leopardstown, Naas, Navan and Punchestown - US$30,000. All other Irish meetings - US$20,000.

    Hong Kong – US$100,000

    South Africa - US$10,000

    Greyhounds:

    Great Britain – US$10,000

    Exotics

    In addition to the above race maximums, the following race limits apply to winnings from Exotics:

    Horse Racing:

    Great Britain - US$14,000

    Ireland - US$10,000

    Hong Kong - US$100,000

    South Africa - US$10,000

    Greyhounds:

    Great Britain - US$7,000

    Soccer:
    US$150,000 for English Premier League, Bundesliga, Spanish La Liga & Serie A.
    US$50,000 for all other leagues.

    International Cricket, Tennis, NFL, NBA, AFL, NRL, Golf (Outright winner): US$150,000.

    International Rugby Union: US$75,000.

    Motor Sport: US$20,000.

    Novelty bets: US$15,000.

    All other events: US$10,000.

    Note: The above limits are open to negotiation upwards (for specific individuals).

  13. For US sports (baseball, American football, basketball and hockey), and Soccer, all events must be played on the scheduled day (US Eastern time) unless otherwise specified. For postponed games, all bets shall be deemed void and all stakes returned. For all other sports, (unless otherwise specified), events whose start time is postponed and then rescheduled to a time more than 48 hours after the original start time will automatically be deemed void for settling purposes, and all money will be credited accordingly.

  14. For betting purposes, the winner of an event or game will be determined on the date of the event’s conclusion according to house wagering rules and regulations. Canbet does not recognize suspended games, protests or overturned decisions for wagering purposes.

  15. For betting purposes, unless otherwise stipulated all contests that involve a predetermined time of play must play to their conclusion or have five minutes or less of scheduled playing time remaining when the contest concludes to be considered official for betting purposes.

  16. When wagering on "totals", overtime periods are counted in the final score.

  17. On half-time wagers, overtime periods are included as part of the second half.

  18. Canbet reserves the right to add, delete or change the sports book rules and payoff odds.

  19. In the event of an event being posted on our website for which we do not currently have specific rules, we will undertake to provide relevant trading terms and conditions in our Rules section at that time.

  20. Canbet reserves the right to withdraw any promotional balance issued when the customer fails to fulfill the terms and conditions of the promotion prior to withdrawing the funds deposited, or if it is deemed by management that the spirit and intention of the promotion has been violated.


  21. In the instances where Canbet absorbs Banking Transaction fees, if the entire deposit amount is not bet through (rolled over) at least once, any transfer charges associated with the deposit/withdrawal amount will be deducted from the account prior to the withdrawal [minimum three percent (3%)].
  22. An Account Management fee of £2.00 / €3.00 / $5.00 per month will be debited from any account that is inactive. An inactive account is an account that has not had a bet placed for a period of six months or longer (GBP2.00, EUR3.00, CAD5.00, USD5.00, AUD5.00). For US registered accounts, an Account Management fee of US$50 per month will be debited from accounts that are inactive. An inactive account is an account that has not had a bet placed for a period of six months or longer.
    US Residents please note:
    In compliance with the USA Unlawful Internet Gambling Enforcement Act, US residents are prohibited from placing wagers of any form with Canbet. USA residents who opened Canbet accounts prior to the passing of the USA Unlawful Internet Gambling Enforcement Act, and still have an account balance with Canbet, are able to withdraw their balance at any time. Failure to do so will result in a US$50 per month administrative charge commencing from 1st January 2008.
  23. Unless otherwise stated, if a match is called off in running or the outcome is postponed to a later date the official result, if any, declared by the Sporting Event’s Controlling Body will be used to determine the settlement of wagers placed on the outcome of the event. Any events that have been decided prior to the calling off or postponement of the event shall stand. For example, to win the toss in cricket, or first try scorer in a rugby league match.

Back to Top

Individual Sport Rules

Athletics

Podium positions

For all Athletics events we use the result as at the time of the podium presentation or medal ceremony, and disregard any subsequent disqualifications or alterations for whatever reasons.

All in compete or not

For all Athletics events we are all in compete or not, unless otherwise stated.

Tattersalls' Rule 4(c) may be applicable if one of the players becomes a non runner.

Back to Top

American Football

Includes NFL, College, Canadian (CFL), NFL Europe, and Arena Football

At least 55 minutes of play must elapse for wagers to have action, with the exception of bets whose outcome has already been decided at the time of abandonment, eg. First Half wagers.

For wagering purposes the winner of the game will be determined by the official result at the end of the game including any overtime played. Overtime counts also for Half-Time (2nd Half) wagering. Overtime does not count for Quarter Time (4th Quarter) wagering.

Half Time/Full Time Double: All bets are based on the result at the end of the First Half and the end of the game, including any overtime.

Outrights/Futures: In the event of a College Conference not having a Championship deciding game, the winner of the Conference will be determined by the NCAA’s countback procedures.

NFL Regular Season Wins: Team must play 16 regular season games for action. Any team that does not play 16 regular season games, bets on that team will be refunded.

Back to Top

Basketball

At least 43 minutes of play must elapse for NBA bets to have action.

At least 35 minutes of play must elapse for NCAA Basketball bets to have action.

For wagering purposes the winner of the game will be determined by the official result at the end of the game including any overtime played. Overtime counts also for Half-Time (2nd Half) wagering purposes.

Canbet reserves the right to suspend any or all betting on a game at any time without notice. (This may happen for example if a key player is not in the starting line up for any reason).

NBA Regular Season Wins: Team must play 82 regular season games for action. Any team that does not play 82 regular season games, bets on that team will be refunded.

Point Spread

A point spread wager is a bet on a team to win with handicaps applied. To even the match for wagering purposes the favorite gives the underdog a points start. A favorite is indicated by a minus points handicap and the underdog by plus points. At the end of the game/half the relevant handicap is added to, or subtracted from the teams’ score to determine the point spread result. Where teams are deemed to be evenly matched, no point spread is applied; this is called a “Pick" game. If scores are level after accounting for the handicap, a “push" results. Overtime counts for both Full Game and Half-time(2nd Half) wagers.

Canbet offers 1st Half/2nd Half and Full Game Point Spreads on all NBA games.

Full Game Point Spreads will be offered on all NCAA Basketball games.

1st Half/2nd Half Point Spreads will be offered on selected NCAA Basketball games.

Totals

A total line is offered by the bookmaker on the predicted total number of points scored. This can be on the 1st Half/2nd Half and Full Game, for which a quote is made. Wagering is offered for the actual score total to be under or over this quote. The total result is the combined total points for both teams at the end of the period wagered on. When the combined scores of both teams equals the totals line exactly, a “push" results. Overtime counts for both Full Game and Half-time(2nd Half) wagers.

Canbet offers 1st Half/2nd Half and Full Game Totals on all NBA games.

Canbet offers 1st Half/2nd Half and Full Game Totals on selected NCAA Basketball games.

Back to Top

Baseball

For betting purposes, winners and losers of games are official after 5 innings of play. If the home team is leading, the game is official after 4 1/2 innings. Thereafter, if a game is called or suspended the winner is determined by the score after the last full inning unless the home team scores to tie or take the lead in the bottom half of the inning in which case the winner is determined by the score at the time the game is called.

When wagering on total runs or run lines the game must go 9 full innings (8 1/2 if the home team is ahead) to have action. Thereafter, if a game is called or suspended, the score will be determined after the last full inning unless the home team scores to tie or take the lead in the bottom half of the inning in which case the score is determined by the score at the time the game is called. The listed pitchers must start or there is no action.

MLB Regular Season Matchups: Each Team must play 162 regular season games for action. If a team does not play 162 regular season games, bets on that team will be refunded. Head to Head bets will be determined by which team wins more games during the Regular Season. If both teams win the same amount of games during the Regular Season the winner shall be determined by the Official Standings on MLB.com.

Baseball wagers are accepted in the following manner:

  1. Action - Team against team, regardless of the starting pitcher.

  2. One Specified Pitcher - A wager on or against one specified pitcher, regardless of the other starting pitcher. Specified pitcher must start or wager is deemed "no action"

  3. Both Specified Pitchers - A wager that specifies both starting pitchers. Any variation constitutes "no action".

Note: Each team's starting pitcher is defined for wagering purposes as the pitcher that throws the initial pitch.

In the event of a pitcher(s) change prior to the start of a baseball game, odds will be adjusted. If one scheduled pitcher starts against an unscheduled pitcher, "action" and live "one specified pitcher" wagers will be computed at the opening price established with the new pitcher.

Back to Top

Boxing

If a boxing match is postponed and re-scheduled to occur within 30 days of the original start time, all bets will stand.

If the betting offer on a match includes the draw as a third option and the match ends in a draw, wagers on the draw will be paid, while wagers on either fighter are losers. If the wagering offer includes only the two boxers, with the draw either not offered or offered as a separate proposition, and the match ends in a draw, wagers on either fighter will be refunded.

In addition to this Canbet will offer a separate 5-way market – Fight Outcome. An example of the 5 wagering options is listed below.

  • Boxer A to win by KO/TKO or Disqualification

  • Boxer A to win by Decision/Technical Decision

  • Boxer B to win by KO/TKO or Disqualification

  • Boxer B to win by Decision/Technical Decision

  • Draw

In the event of a no-contest or technical draw being declared prior to completion of the scheduled number of rounds all bets will be made void.

Total Number of Rounds

Where a total number of rounds market is offered, e.g. Under/Over 7½ , if in the 8th round the fight is stopped at 1 minute 30 seconds or before, wagers will be settled in favor of the Under. If the fight is stopped at 1 minute 31 seconds or after in the 8th round, wagers will be settled in favor of the Over. This is assuming the fight is contested over “3 minute rounds".

Using the example above, where the fight is contested over “2 minute rounds", if in the 8th round the fight is stopped at 1 minute or before, wagers will be settled in favor of the Under, with 1 minute 1 second or after in the 8th round settled in favor of the Over.

Back to Top

Cricket

Limited Overs Matches

In one day matches shortened by weather, the outcome will be that determined by the official competition rules. If the match is declared a no-result, all bets on the result of the match are void (no action) and will be refunded. In the event of a tie, dead heat rules apply.

Test Matches

At least one ball must be bowled for bets to stand, otherwise all bets are void (no action) and will be refunded. In the event of a tie, all bets on sides will be paid at half face value and bets on the draw will be losers.

Top Batsman

Top batsman bets are for first innings only unless otherwise stipulated.

Bets placed on any player not in the starting 11 are void. Bets on players who are selected but do not bat will be settled as losers.

Back to Top

Cycling

Podium positions count

All Tour or individual Stage bets will be settled as per the official result at the time of the prize or podium presentation.

Subsequent alterations to results (e.g. after an appeal or an objection) will not count.

Back to Top

Darts

Match Bets

In match bets, the player progressing to the next round will be deemed the winner, providing one of the players has thrown a dart at the start of the first leg. If the first dart is not thrown, all bets will be void.

Correct Score

In Correct Set or Leg Score bets, all bets will be void if the match is not completed (i.e. The required number of sets or legs to win have not been played).

Back to Top

Formula One

Race Betting

The result at the time of podium presentations counts.

A driver will be considered a 'runner' providing he appears on the grid prior to the race warm up lap.

Championship Betting

Bets stand on all drivers and manufacturers whether they compete or not. Bets will be settled in accordance with the Official result given by the governing authority.

Race Head To Heads (match bets)

The winner of a race head to head will be the driver with the higher finishing position, or the driver who completes most laps. In the event that the two drivers retire on the same lap, bets are void.

If either driver fails to appear on the grid for the start of the parade lap then all bets on that head to head are void.

Qualifying Match Bets

The driver achieving the faster official qualifying time is the winner.

If either driver fails to start a lap in the official race qualifying session, then all bets on that match are void.

To Be Classified

The official FIA classifications will be used when settling this market.

Drivers who complete 90% of the number of laps completed by the winner of the race will be classified by the FIA, and will be settled as winners in 'To Be Classified' betting.

Number Of Race Leaders

The driver who is in the forward most car (normally Pole Position) on the grid at the start of the race counts as a race leader.

Subsequent to the start of the race, any other driver who crosses the Start/Finish line as the first car on the road counts as a race leader.

Finish In The Points/On The Podium

The result used for settlement is as at the time of the podium presentation.

Subsequent disqualifications and/or appeals will not affect bets. These markets are win only.

Fastest Lap

The official FIA result, as at the time of the podium presentation for the race will be used.

Betting on other motor racing events will be subject to rules equivalent to the rules above where appropriate.

Back to Top

Golf

All in betting, (i.e. No refund for non-player):

If a player starts a round and subsequently retires, he will count as a runner. In the case of abandonment's, if less than 36 holes have been played, then all bets will be void. If at least 36 holes have been played, all bets will stand. In the event of the scheduled number of rounds not being completed all wagers accepted after the last completed round shall be void and all stakes refunded.

Group Betting:

Non-Runner equals no bet and deductions will be in line with UKbased Tattersalls rule 4 (c).

72 hole Head-to-Heads:

Winner decided upon most holes completed by each player, followed by best score between each player. If one player misses the cut his opponent is deemed the winner. If both players miss the cut the lower score wins. If both players have the same score, a “push” results and all bets are refunded.Both players must tee off for bets to stand.

18 hole betting:

Winner decided upon most holes completed by each player (excluding play-offs). If they are equal on holes, the best score wins. Both players in the two ball (or all players in the three ball or group) must tee off for bets to stand. A player is deemed to have played once he or she has teed off. Unless the tie is offered as a third option in two ball betting, if both players have the same score, a "push" results and all bets are refunded. Dead heat rules apply to three ball / group betting.

Top 3, 4 or 5 vs The Field betting:

The Field is any other player in the field other than those mentioned in the Top 3,4 or 5. If any of the Top 3,4 or 5 fail to start the tournament, the market will be void.

Back to Top

Ice Hockey

For wagering purposes, a hockey game (pro or college) becomes official after fifty-five (55) minutes of play.

Games lasting under official time constitute 'No Action' or 'Push/Void' and all money is refunded.

Games must take place on the site and date scheduled (unless otherwise specified).

Overtime scores and Penalty Shootout are included in all game wagers, money line, puck line, and totals (over/under).

For the Penalty Shootout, the winner has 1 goal added to their score at the completion of the shootout to determine the final score of the game.

Las Vegas Rules apply for any rules not mentioned here.

Back to Top

Motor Racing

For wagering purposes, the start of the race is when the first car crosses the start/finish line when the start of the race is officially signified. Bets will be settled on the basis of the result as declared on the race day by the controlling authority. Canbet does not recognize overturned decisions for wagering purposes.

Outright Betting

Bets are considered "all-in". No refunds will be given if a driver does not start. For NASCAR Championship, no refunds will be given if a driver does not qualify for the Chase for the Sprint Cup.

Race Head to Head Match Ups

All drivers involved in any race match up must start, otherwise all bets will be deemed "no action" and all bets will be refunded. Bets are accepted on drivers only, not on teams or cars. In match ups, if one driver fails to complete the race, the other driver will be declared the winner. Where both drivers fail to complete the race, the number of full laps completed will determine the result. If both drivers fail to complete the race on the same lap, the official placing as assigned by the controlling authority will determine the result of the event.

Season Head to Head Match Ups

All drivers involved in any season long matchup must start in at least 32 races for the bet to have action. The winning driver of NASCAR Season Head to Head Matchups shall be determined by the Official Standings published by Nascar.com.

Back to Top

Rugby

All markets offered are for eighty (80) minutes play ONLY and will be settled at the end of regulation time. Extra time does not count. Dead heat rules apply.

NRL only

Match betting includes Golden Point overtime. If no score occurs during overtime, the result will be settled as a draw and dead heat rules apply.

Back to Top

Snooker

Match Bets

In match betting, the player progressing to the next round will be deemed the winner, providing one of the players has broken off at the start of the first frame. If the break off does not take place, all bets are void.

Correct Frame Score

In Correct Frame Score betting, all bets will be void if the match is not completed (i.e. the required number of frames to win have not been played).

Soccer

Unless otherwise specified, all bets are based on the result after normal playing time (i.e. 90 minutes), which includes any time added by match officials for stoppages. Extra time, golden goals and penalty shootouts are not included. Where a soccer match commences but is subsequently officially abandoned without full time (normal time plus injury time) being called by the match referee, all bets on that match will be void, with the exception of bets whose outcome has already been decided at the time of abandonment, i.e. 1st goalscorer, half time coupon etc. If a multi contains any leg voided under this rule, that leg will be treated as a winner paying odds of $1.00. Any subsequent official over rulings by the relevant governing body concerning awarding of points and/ or declaring an official score will only have consideration for the settlement of bets affected by this rule at the sole discretion of Canbet.

Date and kick-off times displayed are for guidance purposes only.

Half Time / Full Time Double

All bets are based on the result at the end of the First Half and the end of normal playing time.

First Half Betting

All bets are based on the result of the First Half of the match. If a match is subsequently abandoned after half time, all bets will stand.

First/Last Player To Score

Bets on players not taking part in the match will be void.

Bets on players entering the field of play after the first goal has been scored will also be void.

Own goals (goals scored accidentally by the opposition for the other team) do not count unless otherwise specified.

Total Corners

Select the total number of corners taken during the match.

If the match is abandoned before 90 minutes (plus any injury time) has been played, then all corners bets are void.

Extra time does not count.

Total Goals

If the match is abandoned before 90 minutes (plus injury time) has been played, then all bets will be void unless the result of the bet has already been determined.

For total goals markets for groups of matches (e.g. total Champions League goals on a given evening), 2 goals will be given for a void or abandoned match.

If there is more than one void or abandoned match within the same market then all bets will be void.

Extra time does not count.

Total Bookings

10 points are awarded for a yellow card shown to a player.

25 points are awarded for a Red card shown to a player.

The maximum number of points is 35 for any individual player, i.e. if a player is shown 2 yellow cards and a red card, he is still awarded 35 points.

Any cards shown to Non players do not count.

Any cards shown after the full time whistle has blown do not count.

If the match is abandoned before 90 minutes (plus injury time) has been played, then all bets are void unless the result of the bet has already been determined.

Back to Top

Tennis

Outright Betting

Bets are considered "all-in". No refunds will be given if a player withdraws.

Match Ups

In the event of a match starting but not being completed all match and set betting will be void.

Special Bets

All special markets will be settled as per the statistics given on the official tournament website.

Racing

Ante Post Betting:

Ante Post betting ceases at 10.30 am British Standard Time (BST) on the day prior to the event. Bets placed prior to this time are accepted on an ‘all in, run or not’ basis. Those selections not taking part in the event are considered losers. Unless otherwise stipulated, Ante Post wagers are settled in accordance with the Rules of Racing.

Non-Runners:

Bets placed after 10.30 am (BST) on the day of the overnight declaration stage are accepted on a ‘non-runner no bet’ basis. Stakes are refunded if your selection does not contest the event. Tattersalls Rule 4 deductions may apply to winning wagers as per the following table:

Rule 4 Deductions
3/10 or shorter = 75p in the £
2/5 to 1/3 = 70p in the £
8/15 to 4/9 = 65p in the £
4/5 to 4/6 = 55p in the £
20/21 to 5/6 = 50p in the £
Evens to 6/5 = 45p in the £
5/4 to 6/4 = 40p in the £
13/8 to 7/4 = 35p in the £
15/8 to 9/4 = 30p in the £
5/2 to 3/1 = 25p in the £
10/3 to 4/1 = 20p in the £
9/2 to 11/2 = 15p in the £
6/1 to 9/1 = 10p in the £
10/1 to 14/1 = 5p in the £
Over 14/1 = No Deductions

If a Greyhound is withdrawn, all fixed odds bets placed prior to the withdrawal will be settled at SuperPrice.

All wagers on Greyhounds are accepted on the Trap Number only.

Abandonment’s/Postponements/Re-Run Races:


When a race programme for the day is abandoned or postponed, all bets placed on that programme after 10.30 am BST on the day of the overnight declaration stage will be void. In the circumstance where a ‘major race’ is postponed, Canbet reserves the right to determine that bets accepted after 10.30 am BST on the day of the overnight declarations will stand until that race is run. If a race is re-run, betting in the first race will rule settlement, and horses which ran in the first race but did not start in the second will be considered losers.

Walkovers:

In the event of a Walkover, all wagers on that particular race (other than Ante-Post bets) w ill be void and the stakes returned.

SuperPrice/ Beta Price – declared in decimal odds:

Super Price dividends are declared in decimal odds

Win and Eachway wagers. Bets are guaranteed be paid a return equal to or greater than the return at official Starting Price odds.

Forecasts/ Tricasts (Exotics). Exotic bets are guaranteed to be settled at a return greater than the return declared by the CSF or BAGS/BEGS F/C.

Place Only:

Place only wagers are accepted on Horse Racing. These wagers are guaranteed to be paid at better than the official dividend declared by the UK Horse Race Totalisator Board. If there are insufficient starters for a place dividend to be declared by the UK Horse Race Totalisator Board, or a Place Pool is not offered, all Place Only wagers accepted on that event will be refunded.

Exotics:

Forecasts -


Forecast bets are void when:

a. One of the two selections in the combination does not run.

b. Less than 3 runners take part in the event.

If no CSF or BAGS/BEGS forecast is returned, bets will be settled by reference to the N.S.L. Straight Forecast Chart.
In the event of a selection finishing alone, a forecast dividend with any other runner will be declared.


Tricasts -


a. In the event that a tricast is accepted on a race for which no Tricast dividend is declared, settlement will be determined by the computerised straight forecast return on the selections nominated to finish first and second, with the selection for third place discounted. If for any reason, no CSF or BAGS/BEGS forecast is returned, bets will be settled by reference to the N.S.L. Straight Forecast Chart.

In the event of a selection finishing alone, a forecast dividend with any other runner will be declared.

b. Should a tricast include a non-runner, the total stake will be invested as a computerised straight forecast on the remaining two selections in the order selected.

c. Should a tricast include two non-runners, the wager will revert to a Win bet on the remaining selection in each combination.

If for any reason, no CSF or BAGS/BEGS forecast is returned, bets will be settled by reference to the N.S.L. Straight Forecast Chart.
In the event of a selection finishing alone, a forecast dividend with any other runner will be declared.

Payouts:

Payout amounts (stake x odds) are rounded down to the lowest 5 pence.

International Racing:

For races outside of the UK and Ireland, the rules of racing in the local jurisdiction will govern settlement and will be used to resolve any settlement dispute/s.

EACHWAY TERMS: The number of runners that actually started in the race will determine the settlement of the place portion of eachway wagers.

The following governs settlement of the place part of each-way bets:

Handicaps of 16 or more runners

1/4 odds for the first four places

Handicaps of 12-15 runners

1/4 odds for the first three places

All other races of 8 or more runners

1/5 odds for the first three places

All races of 5, 6 or 7 runners

1/4 odds for the first two places

All races of less than 5 runners

All place stakes will be treated as win stakes

Back to Top

Promotions

  1. Canbet reserves the right to cancel or modify a promotion at any time without notice. Management decisions on all matters pertaining to promotions are final.

  2. Canbet will retain all records of the promotion for a period of one month from the date the final results of the promotion are determined.

  3. If at any time, it is deemed by management that the spirit and intention of the promotion has been violated, Canbet retains the right to refuse the account or withdraw the bonus and any associated winnings, at its discretion. Any evidence of multiple accounts will lead to cancellation of bonuses.

  4. Bonuses are not transferable, exchangeable or redeemable for cash, until certain promotional betting turnover requirements are met, unless stated otherwise by individual promotional rules.

  5. Customers are eligible for one bonus per customer per day, multiple bonuses maybe received at Canbet discretion.

  6. It is the responsibility of the individual to familiarize themselves with specific terms and conditions of every individual promotion.

  7. Players from the following countries are not eligible to receive Canbet bonuses:


    China.


  8. Sign Up and Reload Bonuses
  9. Sign Up and Reload Bonuses are applicable to the first deposit and one deposit only. Unless stated otherwise all Sportsbook Bonuses apply only to direct deposits made into the Sportsbook account, transfers from Casino or Poker will not qualify for Sportsbook Bonuses.

  10. Before withdrawal of any bonus turnover requirements must be met. If the turnover requirement has not been met prior to withdrawal then the entire bonus is revoked from the account.

    - For a 10% deposit or re-load bonus element, the original minimum deposit and bonus amount must be turned over three (3) times completely.

    - For a 15% deposit or re-load bonus element, the original minimum deposit and bonus amount must be turned over three (3) times completely.

    - For a 20% deposit or re-load bonus element, the original minimum deposit and bonus amount must be turned over three (3) times completely.

    - For a 25% or more deposit or re-load bonus element, the original minimum deposit and bonus amount must be turned over five (5) times completely.

  11. Turnover requirements for all bonuses must be met within 90 days of the bonus being issued. Bonuses whose turnover requirements have not been met during this timeframe will be revoked.
  12. Unless stated otherwise by individual promotional rules, Sign Up Bonuses and Reload Bonuses are set to a maximum per client of:

    $400 Canadian Dollars
    $400 US Dollars
    $400 Australian Dollars
    £200 Pounds Sterling
    €260 Euros

  13. $400 High Roller Sign Up Bonus Rules

  14. The bonus will be entered into your account once you have turned over (bet through) your initial deposit of at least $1,200 once in full (x1), and the events have been settled.

  15. Before withdrawal the qualifying deposit and bonus amounts must be turned over (bet through) four times in full (x4), and the events have been settled.

  16. The maximum claim for this bonus is $400.

  17. The bonus must be redeemed upon registration (on the “Join Page”); players who have not entered the correct bonus at this time will not be eligible for the bonus.
  18. The bonus will only apply on your first deposit made within 30 days of registration.

    $120 Player Sign Up Bonus

  19. The bonus will be entered into your account once you have turned over (bet through) your initial deposit once of at least $120 once in full (x1), and the events have been settled.
  20. Before withdrawal the qualifying deposit and bonus amounts must be turned over (bet through) three times in full (x3), and the events have been settled.
  21. The maximum claim for this bonus is $120.
  22. The bonus must be redeemed upon registration (on the “Join Page”); players who have not entered the correct bonus at this time will not be eligible for the bonus.
  23. The bonus will only apply on your first deposit made within 30 days of registration.

    Free Bets

  24. Free Bet promotions may contain rules that relate to each individual promotion.
  25. Free bets must be placed within 30 days of being issued. Free bets not placed within this timeframe will be revoked.
  26. For the Free Play/Bet bonus element, the winnings must be turned over two (2) times completely, unless notified otherwise in the conditions of the promotion.
  27. Free bets must be selected from the Free Bet Menu.
  28. If successful, your winnings (excluding the initial stake) will be credited to your betting account following settlement.

    $60 Free Bet Sign Up Bonus

  29. The bonus will be entered into your account within 24 hours after you have turned over (bet through) your initial deposit of at least $40 once in full (x1), and the events have been settled.
  30. The maximum claim for this bonus is $60.
  31. The bonus must be redeemed upon registration (on the “Join Page”); players who have not entered the correct bonus at this time will not be eligible for the bonus.
  32. The bonus will only apply on your first deposit made within 30 days of registration.
  33. Free bets must be placed within 30 days of being issued; free bets not placed within this period will be revoked (i.e. removed from the account).

  34. You will be eligible for a Free Bet when you first deposit a minimum of and have placed bets in excess of:

    $40 Canadian Dollars
    $40 US Dollars
    $40 Australian Dollars
    £20 Pounds Sterling
    €25 Euros

Back to Top

Refer a Friend

Minimum deposit limit for free bet in your currency:

$40 Canadian Dollars
$40 US Dollars
$40 Australian Dollars
£20 Pounds Sterling
€25 Euros

and you and your friend have placed bets in excess of:

$80 Canadian Dollars
$80 US Dollars
$80 Australian Dollars
£40 Pounds Sterling
€50 Euros

Example: If player A refers player B to Canbet, player A is not eligible to receive a Referral Bonus for player B until player B deposits at least $50 and wagers at least the total amount of $100 through. Player A will then receive $50 in free betting cash and player B will receive $20, this amount will be credited to your free bet balance.

The $50 Free Bet must be selected from the Free Bet Menu. If successful, your winnings (excluding the initial stake) will be credited to your betting account following settlement.

Only one person can be a referrer of a new account, the bonus cannot be claimed if the account is referred by another means.

Management reserves the right to refuse a bonus to anyone at any time. If you have any questions as to your eligibility, please contact us. Our bonus program is intended for recreational bettors only. Professional players or players considered to be abusing the bonus system by any means may have bonuses revoked at the discretion of management.

Canbet Currency Conversions Chart

CAD
USD
GBP
EUR
AUD
CNY
10
10
5
5
10
70
20
20
10
15
20
140
30
30
15
20
30
210
40
40
20
25
40
280
50
50
25
30
50
350
60
60
30
40
60
420
70
70
35
45
70
490
80
80
40
50
80
560
90
90
45
60
90
630
100
100
50
65
100
700
140
140
75
90
140
980
200
200
100
130
200
1,400

Gaming Bonuses

For Casino Terms & Conditions click here

For Poker Terms & Conditions click here

Back to Top

Open An Account

Click here to open an account.

Back to Top