The operating principle of bookmakers. How bookmakers work and how they make money. A competent approach to organizing betting
What is a bookmaker?(BC)? A bookmaker is a person who accepts bets (making bets with people) on various events, most often on sports and other media-covered events.
Usually, when offering to place a bet, the bookmaker allows the player to choose the desired option from the entire possible list of outcomes. For example, in a football match “Russia - England”, a player can choose either a victory for Russia or England, or a draw. For each outcome, the bookmaker offers a predetermined bookmaker's payout ratio (bet odds), the value of which depends on the probability of the specified result estimated by the office.
What does betting odds mean?
Betting coefficient (“kef”, “odds”, “odds”)- this is the value by which it is calculated possible gain bettor. They come in several types:
- Decimal bet odds(adopted in Russia and CIS countries).
Example: 1.64. It means that the bet amount in case of winning will be multiplied by 1.64 (if the bet was 100 rubles, then the payout will be 164 rubles, i.e. 64 rubles of winnings).
The bookmaker's probability at this odds can be calculated as follows: (1/1.64) * 100% = 60.98%. - Fractional odds(adopted in Great Britain).
Example: 3/8. It means that we will receive 3/8 of the bet amount as a net win (we bet £100, net win 100 * 3/8 = £37.5, and the total payout will be £137.5).
Bookmaker's probability in in this case calculated using the formula: Probability = (Denominator / (Numerator + Denominator)) * 100%. In our case it will be: (3/3+8) * 100% = 27.27%. - American odds(most confusing, rare, used in North America).
Examples: 110 or -140 (i.e. it can have both positive and negative meaning). Let's look at the example of the New York Rangers - Boston Bruins match (+150 for New York to win, -140 for Boston to win). Positive means, if you bet $100, if New York wins, you will receive $150 net profit(payment will be $100+$150=$250). Negative means that in order to get $100 in net profit if Boston wins, we must bet $140.
For positive odds, the bookmaker's probability is calculated using the formula: Probability = 100% * 100 / (Odds + 100). In our case: 100% * 100 / (150+100) = 40%.
For negative ones, the probability is calculated as follows: Probability = 100% * (- (Coefficient)) / ((- (Coefficient)) + 100), in our case 100% * (-(-140)) / ((-( -140))+100) = 58.33%.
Regardless of the form in which the coefficient is presented, it always performs the same function: it reflects what the winnings will be when betting at a bookmaker in proportion to its size.
Calculation of betting odds. Where does the betting coefficient come from and what does it depend on?
The bet odds are calculated by the bookmaker based on the estimated probability of various outcomes of the event. To calculate these probabilities, special analysts are involved, using abundant statistical databases, opinions of various experts and specialized programs that take into account a variety of input data.
Let's consider the situation using the example of the football match "Russia - England". Analysts made the following forecasts (net betting odds are calculated using the formula: 100%/probability):
The resulting table is called the “clean line” (“pure odds”). And then the logic comes into play - in order for the bookmaker to make a profit from bets, he needs to take part of the profit for himself. Therefore, the bookmaker lowers the odds and the table takes approximately the following form:
And this line is called the “bookmaker line”. If we now calculate the probability in reverse, based on the bookmaker’s odds, we get the probability of the bet:
The sum of the betting probabilities becomes equal not to 100%, but to 108.41%. In this case, 8.41% is bookmaker margin- an underestimation of odds by a bookmaker, expressed as a percentage of the probability, carried out to extract profit from bets.
How to win on bets at a bookmaker?
In the example above we calculated the probability of the bet, but what is it? The probability of a bet is the marginal probability of winning a bet, taking into account the offered odds, separating “plus” and “minus” in terms of the expectation of the bet. For example, if in the match in question the probability of Russia winning over England is:
- will be at least 15%, then the rate on it will be “plus” with an expected advantage of 0.71% (15% - 14.29% = 0.71%);
- will be equal to the probability initially formed by the bookmaker's analysts of 12%, then the bet will be negative with a negative expected advantage equal to a margin of 2.29% (12% - 14.29% = 2.29%).
We say by expected advantage, because it is impossible to predict the exact result of the match and, having bet on Russia to win $10, you will either win $60 (with odds of 7) or lose $10. But, hypothetically large quantities such matches, in 15% of which Russia will win, in total you will be in the black on bets.
In this note, we will not go into the details of winning on bets and will try to examine this issue in more detail in a separate article. Let us only note the basic principle of making money on bets: searching for bets whose bookmaker probability (incorporated in the odds, taking into account the bookmaker’s margin) is lower than the real probability of such an outcome.
Bookmakers line movement
Incorrect assessment of the probabilities of event outcomes by bookmakers is a very, very common occurrence (there are many reasons for this, ranging from analyst errors to a deliberate shift in odds by the bookmaker taking into account customer preferences). Therefore, bookmakers constantly “keep their finger on the pulse” while accepting bets.
Let's look at our example again. A day after the publication of the line for the Russia-England match, the bookmaker performs an analysis and sees that total amount$100,000 of bets placed was distributed among the possible outcomes as follows:
It turns out that, depending on the outcome, the bookmaker must make the following payments and obtain the following financial results:
The bookmaker is interested in eliminating risks for himself and remaining a winner on the sum of all bets, regardless of the outcome (this is possible due to the presence of a margin in the odds). To rectify the situation, bookmaker next day will lower the odds for Russia to win, say, to 6.5, while simultaneously raising the odds for England to win to 2.2. This line change is called “bookmaker line movement” (sometimes also called “line loading”).
Taking into account the changed odds, the total distribution of bets made on the second day will shift towards the England team, for example like this:
The financial result based on the sum of two days for the bookmaker in this case will be a plus for any outcome.
Now, of course, all bookmakers use special programs that continuously monitor the distribution of bet amounts between outcomes and promptly regulate the movement of lines according to the principle presented above.
The presence of such powerful software tools at bookmakers allows the largest of them to take an even more careless approach to calculating the initially set odds. Thanks to the line’s quick response to “loads”, it quickly reaches its “equilibrium”. And small losses from losses on bets made on favorable odds(by players who know how to identify such odds) are leveled out against the background of the huge amounts of bets made by the prisoners after finding the “equilibrium” state of the line, in which the bookmaker remains in the black no matter the outcome.
Every bookmaker works to generate income. Contrary to popular belief, a bookmaker’s earnings depend not only on the number of clients’ bets lost, but also on the correct calculation of quotes. Even if the outcome of the event is unexpected, the company will still not go into the red. Let's take a closer look at how a bookmaker works.
How do bookmakers set odds?
First of all, the analytical staff evaluates the probability of outcomes. There are many methods, which are divided into analytical and heuristic.
Analytical– statistics and probability theory.
Heuristic– opinion of experts.
By comparing factors, the probability of a certain outcome is derived. Let's say the analytical department assessed the chances for each outcome of the match in this way:
Mathematical probability is indicated by numbers in the range 0-1, but to make it clearer, we use the usual percentages. After this, the percentage is converted into quotes:
These are real chances for the result of the fight. You will never see such values in the bookmaker’s line, since the office will remain without profit. The coefficients in the list will take approximately the following form:
The overall probability is 111.76%, not 100. The difference of almost 12% is the bookmaker’s income, which is called “margin”. It is included in all coefficients.
Why do bookmaker odds keep changing?
Technical support
These are the people who answer phone calls and letters from clients: by e-mail or live chat directly on the website. Their responsibilities include consulting players, providing explanations, and solving problems.
Marketing Department
Lawyers, financiers
After the legalization of bets, bookmaker companies are required to independently withhold taxes and transfer funds to the budget. It is necessary to prepare reports to regulatory authorities. Lawyers and financiers do all this.
Any bookmaker works to make a profit. Contrary to popular belief, a bookmaker’s income depends not only on the number of lost bets, but also on how correctly the odds were set. Correctly setting the odds means that even with the most sensational outcome of the match, the bookmaker will still remain in the black.
Bookmaker- This
A bookmaker's office is an institution that organizes and conducts various types gambling. Employees of the bookmaker who work directly at the betting points accept bets on cash, and also make payments on winning bets.
Most bookmakers in currently They accept bets not only on events in various sports disciplines, but also on events related to politics, culture and television. Serious bookmakers have their own analytical centers that are engaged in the formation of odds for events - here each person is obliged to have a perfect understanding of the sports discipline on which he has to work.
The first bets began to be placed back in Ancient Rome- they took place at the hippodrome. A little later they began to place bets on cockfights. If we talk about sporting events, betting on them began already in the 19th century. Later, people began to place bets on almost anything that generated any action. Then a profession called “bookmaker” appeared, which in the old days was nicknamed “professional debater.” Of course, this happened in good old England, which is still the leader in the number of bookmaker companies and betting volumes.
In the CIS countries, the first bookmaker's office appeared in Moscow in 1992. They gained their popularity quite quickly in all countries of the post-Soviet space, because our people are prone to gambling.
Any novice bookmaker client, of course, considers himself potentially successful. Such people often prove to others that they can make money through betting. However, in reality we see that in the long term, the vast majority of cappers end up in the red. And all because they start betting on luck, but this is not Forex or roulette - in the office you need to play with your head. To significantly increase your chances of success, you need to analyze events and use strategies. If you learn to be patient, show will, think sensibly, can stop betting in time and leave self-confidence behind, then you will have a good chance of turning your bets with a bookmaker into your stable, maybe even high income.
Formation of odds
First, analysts calculate the opponents' chances. There are quite a few ways to do this, which are divided into analytical and heuristic. Analytical methods are statistics and mathematics (probability theory); heuristic methods are based on the opinion of experts. From a comparison of the results, the probability of a particular outcome is derived. For example, analysts and experts receive the following probabilities of outcomes:
Although mathematical probability is expressed as a number from 0 to 1, for greater clarity we will express it as a percentage. After converting the probability into odds:
This is usually called “pure odds” or “fair odds”, but you will never see these odds in the betting line, otherwise the bookmaker will not make a profit. The odds for such events in the line will look something like this:
Let's move on to probabilities, and we get the following picture:
The sum of the probabilities is, oddly enough, not 100, but 115 percent, and the difference of 15 percent is the bookmaker’s profit, which is called “margin,” and this margin is included in the odds.
The bookmaker sees that players' bets are distributed between 3 outcomes in this way:
If all players bet a total of 100 thousand dollars on the match, 75 thousand would be bet on the victory of team 1, 15 thousand on a draw, and 10 thousand would be bet on the victory of team 2. Almost all players bet on clear favorites, and based on these rates, express bets are made. What does the bookmaker get from every 100 thousand dollars in the event of one outcome or another?
If the favorite wins, which logically happens much more often, the bookmaker incurs a loss. If we assume that the calculation of the teams’ chances was carried out correctly, then out of every hundred matches 55 will end in the victory of the clear favorite and the bookmaker will suffer a loss of -130.625 thousand dollars, 25 matches end in a draw, and the bookmaker’s profit will be 141.250 thousand. 20 matches end in the loss of the team -favourite, and the bookmaker’s profit will be 100 thousand.
After hundreds of matches, the bookmaker's profit is 241,250, however, it risks 130,625 thousand (for every million dollars bet by the players). However, the defeats of the favorites, which in this situation bring profit to the bookmakers, will not be distributed evenly.
From this, a situation is likely to arise that in all hundred matches the favorite will win, and the bookmaker’s losses will amount to 237.5 thousand for every million dollars bet by the players! For a business, this is an unacceptable situation, so the bookmaker must exclude even the theoretical occurrence of such a situation.
To do this, it artificially lowers the odds for the favorite team. The bookmaker cannot know in advance the exact distribution of bets. However, it is known for sure that most players will bet on the favorite, and therefore, in order to be on the safe side, the bookmaker will overestimate the probability of the clear favorite winning. Here she has two possible situations: either she will have to go for an overestimation in such a way that in percentage terms it turns out to be higher than the share of bets on the favorite team, or in such a way that it is lower. For example, a bookmaker decides to set the following odds:
In this case, with the described distribution of bet amounts, we have:
Regardless of the outcome, the bookmaker's office guarantees a profit! If in one hundred matches the victories and defeats of the favorite are distributed in accordance with the plan, then the profit will be 138.225 thousand for every million bet by the players.
Now let's see what happens if the overestimation of the probability of the favorite winning turns out to be a percentage lower than the percentage of bets made.
How will the profit be distributed with the same proportions of bets made?
The principle of operation of a bookmaker Again, an option arises when the bookmaker incurs losses. Therefore, it is better for bookmakers to overestimate rather than underestimate the favorite. And this is done not even on the basis of the real chances of the favorite, but depending on the distribution of odds formed by bets on the event. And players, as you know, often bet on favorites. The odds and probabilities that correspond to the betting proportions used in our example would be, taking into account the margin:
And in this case, it no longer matters how the opponents’ chances are actually distributed, because for any outcome, the bookmaker’s profit will be 6.25% of the total bet amount. It is important for a bookmaker to first of all know how players’ bets are distributed!
In practice, it is impossible to calculate either real odds or the distribution of funds between players; an error always exists. Therefore, bookmakers initially they lower the odds on the favorite to guarantee your profit. In other words, they add 15-20 percent to the favorite's chance of winning. Based on the distribution of bet amounts, the bookmaker changes the odds to achieve the maximum possible profit.
Make a profit regardless of the results of sporting events - here main principle the work of a bookmaker's office, which every bettor needs to know about. The player is initially in a losing position because the bookmaker always has an advantage due to the margin. However, this does not prevent professionals from making money on bets, and largely thanks to an understanding of the algorithms, mechanisms and principles of bookmakers.
Who works in bookmakers?
The headquarters has many employees, each of whom performs their own functions. But we are only interested in analysts and the security department.
Analysts (traders, bookmakers) are responsible for assessing odds, forming and adjusting odds. They are good at certain sports, know higher mathematics and usually have an appropriate education.
Security guards are employees of the security department who identify arbers and post-winners, determine multi-accounts, and cut accounts.
Bookmaker principles: chances, margin, odds
Before an event is added to the line, analysts will evaluate the probability of outcomes, take into account the margin and form odds. Odds assessment is based on many factors and information received, but heaviest weight has statistics. And even if they have to lose profit on one or more matches, they will not move away from the system, the algorithms of which have been profitable for many years.
First, the probability of outcomes is calculated as a percentage, which must be converted into odds. Let's say in the match Real Madrid - Bayern Munich the chances in percentage terms are 40% - 30% - 30%. According to mathematics, the coefficients should be as follows: 2.50 – 3.33 – 3.33. To get quotes you need to divide 100 by the probability. This is a line without margin - a percentage of the bookmaker's guaranteed profit.
Taking into account the margin, let’s take 5% as an example, we get the following percentage ratio of probabilities: 42% – 31.5% – 31.5%. Therefore, the quotes will look like this: 2.38 – 3.17 – 3.17. In bookmakers, the margin level varies from 2% to 20%. The higher this indicator, the lower the odds.
Line 2.38 – 3.17 – 3.17 are the initial quotes, they will change depending on the players’ bets. So, if the rates are distributed in percentages as 60% - 30% - 10%, then soon the line will approximately look like this: 1.58 - 3.17 - 9.52. Therefore, it is important for a bookmaker not only to correctly determine the probability of a particular outcome, but also to predict where players will bet.
How do bookmakers work on Live?
Live analysts or simply livers are responsible for changing odds in real time. Their task is to monitor the match and react to events by adjusting the line. Nowadays, an automatic method of conducting live matches is more often used - a special software sets quotes, the liver only needs to change the inflated odds
Bookmaker sports betting
| Bookmakers | Rating | Bonus | Language | Reviews | |||
|---|---|---|---|---|---|---|---|
| 1 |
 |
8.9 | ₽2,500 | Reviews | Review|||
| 2 |
 |
8.54 | $/€50 | Reviews | Review|||
| 3 |
 |
The work of a bookmaker's office is most similar in its features to the work of an exchange, and you, of course, know what an exchange is.
The stock exchange business is one of the most stable and profitable in the world, especially for the owner. We offer you to become the owner of an exchange, but not a commodity or stock exchange, but a sports events exchange, which in terms of stability can be equated to the most stable securities circulating in the world. financial world, and in terms of profitability not inferior to the most highly profitable enterprises. A more common name for such an exchange is a bookmaker's office. This is not our invention. There are several thousand bookmakers in the world, the largest of which have turnover comparable to that of large banks and investment companies, but greater profitability.
So, what exactly is the work of a bookmaker and where does such high profitability and stability come from? Let's look at an abstract example: something should happen in the near future Soccer game between, say, the “blue” team and the “green” team, and our office offers to guess which of these teams will win this match, and as a win for the guessed outcome of this event, it offers to multiply the amount of money you bet by a coefficient of 1.8. Suppose that on this match they expressed a desire to bet, say, Petya and Vasya, ten rubles each, while Petya bet on the “green” team, and Vasya on the “blue” team, while our office received twenty rubles, of which, at any As a result of this event, the office will pay only eighteen, and the remaining two rubles, i.e. 10% will be the profit of our office. The question arises, what if both Petya and Vasya bet money on the same outcome of a given match, as a result of which there is a risk that for the twenty rubles received, the office will have to pay thirty-eight, so in order to avoid this risk, the bookmaker’s office has mechanisms , regulating the process of receiving bets so that approximately the same amounts are accepted for both outcomes of a given event, and given that several hundred sporting events take place in the world every day, and the number of players on average is 4-6% of the total population of this city, then according to the law of normal distribution and probability theory, 10% of the profit for our office is practically guaranteed. But unlike the 10% profit of the most stable securities in the world, we receive our 10% not in a year, but daily. To all of the above, I would like to add that the number and amount of accepted bets can be limited only by the office itself.
Materials taken from the website www.geleks.kharkiv.com - the website of a company that trains professional bookmakers and advises many bookmakers from all over the CIS.
Operating principles of bookmakers - *Eagles vs. Hares*
Let's look at the work of a Western bookmaker from the inside based on an example.
So, whether the bookmaker wants it or not, he MUST give his lines every single day. First, he has to figure out the balance of forces for a specific match - determine the probabilities of the outcome of this match. It uses its statistical and analytical information and, based on it, produces so-called “fair odds”. Naturally, different bookmakers may have their own vision of the outcome and chances of one or another team. This is roughly like the differences in sociological polling services - who will win the elections? One service will give 25.4% to Ivanov, 17.3% to Petrov, 10.8% to Sidorov. The other is 26.8%, 19% and 7.98% respectively. They have their own methods with their own errors and so on. And the elections are true - they will show who wins.
Very developed social the service will take into account a bunch of factors, including the admin. resource and will add 2-3% on falsifications, better segments the electorate, more people will interview you and so on - I think you understand what I'm talking about.
The situation is approximately the same with bookmaking in general.
Let’s say in the Eagles - Hares match, the bookmaker believes that the percentage chances are 50% -30% -20%. That is, 50% that the Eagles will win, 30% that there will be a draw and 20% that the Hares will win.
According to the European system of presenting odds, the line for this event will be formed as 2 - 3.33 - 5. This is done by simply dividing one by the percentage of the team's chances.
But then the bookmaker will not receive anything if he allows the player to play on such lines. Therefore, he introduces a margin - profitmargin. For example, our margin will be 15%.
That is, the player will have to be 10% smarter (minimum) than the bookmaker to win. The balance of power with profit margin in percentage terms will be 57.5% - 34.5% - 23% = 115%. Or in the European format - this: 1.74 - 2.90 - 4.35.
This is the line he will give to the player. Betting begins - betting. Let’s say people put the total down like this: $6,000 - $3,000 - $1,000. This is because of the people's "love" for favorites. In other words, the people decide that the probabilities in the match are 60% - 30% - 10%. This public opinion, backed by cash.
What will the bookmaker answer? What risks does it bear?
If the Eagles win, then the bookmaker will have to pay the players $6000*0.74=$4440 and he will receive $3000+$1000 =$4000 from the players and the total loss will be -$440.
If there is a draw, then the bookmaker will have to fork out 1.90*$3000 =$5700, and he will receive $6000+$1000=$7000 from the players and the total loss will be -$1300.
If the Hares win, the bookmaker will pay $1000*3.35=$3350 and receive $9000 from the players. Thus, the profit he will receive will be $5,650.
Now you understand why when “incredible” events happen (events with a probability of 20% :-) or less) the bookmakers celebrate. Actually, every day is a holiday for them because of the popularity of Dogon, express trains, and so on among players.
But a bookmaker is a pragmatic, commercial office. Of course, if you play for a long time, the bookmaker will win back on such matches, but when it comes to this match, he definitely won’t take such risks: Risking 1300 + 440 = 1740 dollars to get 5650 dollars is normal for a bookmaker. He knows Fair Odds - real chances for a match, but he is unlikely to take such risks for them. THE MAIN THING IS PROFIT!
What would you do if you were a bookmaker?
Naturally, the coefficients would be changed. You would take into account factors such as public opinion and the expected distribution of money. The higher line would be much closer to the line of public opinion.
That is, let’s calculate it again: 60% - 30% - 10% or $6000 - $3000 - $1000 - this is how the people voted with money.
If the bookmaker knew (well, he knows :-)) that there would be such a distribution, then he would set profitmargin=15% on these percentages. That is, in percentage terms, the “fair ratio :-)” line would be 69% - 34.5% - 11.5% or in the European format 1.45 - 2.90 - 8.70.
If the Eagles win, the bookmaker's profit will be $4000-$2700=$1300
If there is a draw, the bookmaker’s profit will be $7000-$5700=$1300
If the Hares win, then the bookmaker’s profit will be $10,000-$8,700=$1,300 Regular, intra-bookmaker arbitration.
If I were a booker, I would choose this tactic. After all, it’s better to get 100% $1,300 than to risk $1,740 to get $5,650. Mat. the expectation, of course, will be in both cases - a profit of $1300 with an endless game - but of course the second option is better. Now look at how far the coefficients in this exaggerated example have gone from the real balance of forces. Real balance of power
2 - 3.33 - 5
The bookmaker will offer an option
1.45 - 2.90 - 8.70
What do you think, if you play for a VERY long time, where should you bet (if all the events are similar like in the Eagle-Hares match)? Naturally, Zaitsev will win. Since with an endless game this will give you 8.70/5=74% of turnover!!! That would be great - I made $1,000,000 in turnover in a year (TURNOVER! MUCH LESS MONEY IS NEEDED!) - I received $740,000 in profit. Paradise!
In reality, the indicators and profit margins are different. For example, Miller (www.professionalgambler.com) follows the same pattern year after year - he catches bookmakers overstating their prices, 5% - 15% of the turnover. We made 14% of the turnover IN OUR OFFICES - although the sample is still small - 345 events. (www.sportpro.adamant.net) I think it’s normal to make 5% of turnover - that’s EXCELLENT!
Rules for accepting bets using the example of the bookmaker "MARATHON".
- Line- a list of events and their outcomes with winning odds offered by the office for betting.
Bet- a condition concluded between two parties under which the loser must fulfill the assumed obligation (pay a certain amount). Betting is concluded in the form of accepting bets from clients (players) on the terms offered by the office.
Bid- the amount of money that the player invests in the game (bet) and loses if he loses, as well as the set of choices that the player combined by betting a certain amount on them.
Exodus- result sporting event, to which the office has assigned a winning coefficient. - All bets are concluded in accordance with these rules, effective from April 10, 2001. The rules that were previously in force are considered no longer in force.
- Bets are accepted from persons over 18 years of age who agree with the terms and conditions for accepting bets offered by the office. The client is responsible for violating this clause.
- The conditions for accepting bets (handicaps, odds, totals, restrictions on express bets, etc.) can be changed after any bet, while the conditions of previously made bets remain unchanged.
- The bookmaker reserves the right to refuse to accept a bet to any person without giving reasons.
- Repeated bets on the same combination of outcomes (including one outcome) from the same player are not accepted.
- In case of errors by the office staff when accepting bets (obvious typos in the proposed list of events, discrepancy between the odds on the bet and the odds on the line, etc.), in the presence of evidence of unfair sports competition, in case of deviation from these rules when accepting bets and other arguments confirming incorrect bets, the office reserves the right to declare bets (or part of them) under such conditions invalid (payment is made with odds of “1”), or to suspend payment until the completion of the proceedings (including judicial proceedings).
- In team competitions, the concepts of “hosts” (host teams) and “guests” (away teams) are used, except in the following cases:
a) rounds are held in one city (in international competitions - country);
b) the event is the final of a cup competition and consists of one match (meeting).
In the bookmaker's line, the home teams are in 1st place (denoted by "1"), and the visiting teams are in 2nd place (denoted by "2"). In all other cases, the numbering of competition participants in the line is conditional, and the information about the venue is of an informative nature. - When determining the results of competitions, only sporting factors are taken into account for calculating bets.
- These rules may be changed at the initiative of the office. Players are notified of this by appropriate announcements. Changes and additions to the rules are valid from the date specified in such an announcement. Bets accepted from this date will be subject to the amended rules. The terms and conditions of previously placed bets remain unchanged.
- The Client is responsible for the secrecy of his password and account number received upon registration. All bets registered on the office server are valid. Cancellation of bets is possible only on the basis of these rules. If the password and (or) account number turns out to be known to third parties, you must immediately contact the administration of the bookmaker with a statement. You can change your password on the “Your Account” –> “Your Details” page.
- A communication failure when the client receives a bet confirmation is not grounds for canceling it.
- Commission expenses (bank, postal, etc.) for settlements between the office and the client are borne by the client.
- Any bet confirms that the client knows these rules and agrees with them.
