Are bets legally binding?
People often question as to if betting is legal or not. They also wonder if they place licensed fixed bets under the regulations of the United Kingdom Gambling. The answer is: yes there are!
When you place a sure 1×2 bet with a bookmaker or betting site, you are enter in contract with that business. It is also the responsibility of betting sites to make you aware of any terms and conditions that may affect any bets you place with them.
Your Consumer Rights As Bettors
Consumer Act 2015 protects your rights when you place a bet at website as C/N. This act protects you as a bettor. And states that any words used by the betting site should not in any way give the betting site an unfair advantage. All terms and conditions must be fair, with all terms and conditions jargon-free and fully transparent.
The Rights Of Betting Sites
Betting sites are businesses. The regulations set by the UK Gambling Commission gives them the right to protect themselves. That means all betting sites are free to decide which punters they are willing to accept fixed bets from and on what terms. However, these terms are fair and transparent. That means that betting sites are within their rights to refuse your fixed matches bets.
These matches are very hard to find and anonymity is very important. Therefore, that is why we only accept cryptocurrencies (Bitcoin, Ethereum), WebMoney, Neteller and Mpesa as payment methods.
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TWO HT/FT: 100 EURO
NEXT HT/FT Fixed Matches Half Time – Full Time (2/1 & 1/2)
Saturday, 21 August 2021
League: ENGLAND National League
Match: FC Halifax – Maidenhead
Tip: 1/2(Half Time – Full Time)
Result: 1:0/1:2 Won
League: NORWAY Eliteserien
Match: Stromsgodset – Brann
Tip: 2/1(Half Time – Full Time)
Result: 0:1/3:1 Won
Fixed Matches Bets
A legal bets is a commercial agreement between two consenting parties. So a betting site does not have to accept a legal bets that you want to place if it does not want to. This means a betting site is also within its rights to withdraw offers or concessions from your account. They do this on the grounds of reducing risks to their business.
Your Rights To Complain About A Betting Site
While betting fixed matches sites have the option of refusing your legal bets. If they are willing to accept bets from you, they must give you a clear way of complaining if you don’t agree with something. It’s a good idea to try and resolve any issues by contacting the betting site’s support team first. But the betting site must also give you access to an alternative dispute resolution (ADR).
If you are still not happy with how your betting dispute resolution, you can opt legal route.
Gambling Sites Must Protect Your Money
Legal Bets are a legally binding contract in the United Kingdom. Betting sites must also protect all customer funds. They must also show how they do this in their terms and conditions.
All online betting sites in the United Kingdom must keep customer funds in a separate account. Though this is not a 100% guarantee that you will get your money back if the betting site goes bust. By reading the terms and conditions you will know about how much protection each betting site offers. You can make your mind up about whether you want to bet with a company and how much money you may be willing to leave in your account at any time.
All betting sites must state whether your money is unprotected or has medium or high protection. If the company offers no protection, then all monies in betting accounts would be part of the business if it went bust.