RULES AND REGULATIONS

RULES AND REGULATIONS



PART A - INTRODUCTION



1. USE AND INTERPRETATION



The ToteDaddy Rules and Regulations ("ToteDaddy Rules") are part of ToteDaddy’s terms and conditions. The ToteDaddy Rules relate to the ToteDaddy events and they consist of the following:



· This INTRODUCTION section (Part A);

· The GENERAL RULES (set out in Part B below);

· The EVENT INFORMATION (located at the top of every ToteDaddy Event page)

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

The ToteDaddy Rules apply for customers betting against other customers through the pool.

2. EVENT INFORMATION

The Event Information is provided for information purposes as an at-a-glance guide on how ToteDaddy intends to manage the Event.

Whilst the Event Information may give a guide to how Events will be managed, regardless of what it says in the Event Information ToteDaddy reserves the right to suspend any Event at any time at its sole discretion, including in order to carry out necessary administration and/or to take any necessary action to protect ToteDaddy customers.

ToteDaddy shall not amend the Event Information after a Event has been loaded except to correct obvious errors and/or to add wording to clarify the Event Information where appropriate.



3. CUSTOMER RESPONSIBILITY



ToteDaddy customers should make themselves aware of all of the ToteDaddy Rules affecting any Event on which they wish to place a bet.



4. CUSTOMER BETTING DISPUTES & IBAS



Any ToteDaddy customer who has any concerns or questions regarding the ToteDaddy Rules or regarding the settlement of any ToteDaddy Event should contact ToteDaddy via email at help@totedaddy.com.



If a customer is not satisfied with how a bet or a Event has been settled then the customer should provide details of their grievance to ToteDaddy via email at help@totedaddy.com. ToteDaddy shall use its reasonable endeavours to respond to queries of this nature within a few days (but intends in any event to respond to all such queries within 14 days of receipt).



When a customer has exhausted the internal ToteDaddy betting dispute process without a satisfactory outcome, they may submit their betting dispute to IBAS, the Independent Betting Adjudication Service, or to such other independent betting adjudication service that ToteDaddy may recognise from time to time.



Following an IBAS (or equivalent) ruling ToteDaddy reserves the right at its discretion to take appropriate action which may include, without limitation, the following options: (a) reversing settlement for all bets placed on the relevant Event, including making adjustments to customers’ accounts where necessary; or (b) paying out any customer who placed a bet on the Event their ‘net position’ if that customer would have been in a better position had the Event been settled as IBAS recommended (for example, if a customer would have won more money had the Event been settled in that way, that customer will be paid the difference between what they originally received when the Event was settled and the amount they would have won had the Event been settled as IBAS recommended).



PART B - GENERAL RULES

1. RESULTS AND EVENT SETTLEMENT

1.1 General

· Events are to be settled by the Event Bookie as set out in the Event Information.

· In the event of any uncertainty about any result or potential result, ToteDaddy reserves the right to suspend settlement of any Event for an unlimited period until the uncertainty can be resolved to the reasonable satisfaction of ToteDaddy. ToteDaddy reserves the right to void any Event if the uncertainty regarding settlement cannot be resolved to ToteDaddy’s reasonable satisfaction.

· In the event that the Event Bookie does not post results for the Event by the scheduled time, for whatever reason, all bets will be refunded to the bettors upon Results Posted By time, less ToteDaddy’s 5% administrative fee.

· It is the sole responsibility of the Bookie to post the correct results for the Event. In the event that a bettor believes that the Bookie has posted incorrect results, the bettor may choose to proceed with the Customer Betting Dispute process as outlined above. The bettor is also advised to rate the Bookie as “Bad” under Rate Bookies in the Member Area. Should sufficient concerns be raised about results posted by a Bookie, ToteDaddy shall investigate the Event in an attempt to correct the posted results.

· In the event that there are no bets placed on a winning selection, the entirety of the pool (less the Bookie’s fee) shall be kept by ToteDaddy.

1.2 Resettlements

· ToteDaddy reserves the right to reverse the settlement of an Event if a Event is settled in error (for example, a human or technical error).

· If ToteDaddy resettles a Event, this may lead to amendments being made to a customer's balance to reflect changes in Event settlement.



1.3 Non-runners, withdrawals and disqualifications



· Subject always to ToteDaddy’s right to void bets under its Terms & Condition or for any exception under the ToteDaddy Rules, all bets on a selection will stand regardless of whether or not the selection starts the event, takes any part in the event or is no longer a valid outcome.



2. VOIDING OF BETS OR EVENTS

· ToteDaddy reserves the right to suspend any events it deems to be inappropriate, including but not limited to events which ToteDaddy deems to:



v Encourage or promote criminal activity or social disorder

v Encourage or promote gambling to minors

v Encourage or promote gambling to problem gamblers

v Have been created in bad taste (for example including pornography, hate speech or foul language)

v Have been created for the sole purpose of advertising or “spamming”



· All users are encouraged to report any such events to ToteDaddy admin, which will take any necessary actions. Users are advised not to place bets on any event which they believe is likely to be suspended.

· Should an event be suspended, the details of the event will no longer be visible to users. All bets placed on a suspended event will be refunded (less ToteDaddy’s 5% Admin Fee).

· ToteDaddy will void any bets made by users which ToteDaddy learns are under the age of 18, as per our Terms & Conditions.

· ToteDaddy will not void any bets or events under any other circumstances, unless there are special reasons to do so. This will be determined on a case-by-case basis, after any other possible resolutions are explored.



3. PERIODS OF TIME

· If the scheduled duration of an event is changed after the Event has been created, all bets on that Event shall stand as written.



4. DEAD HEATS OR MULTIPLE WINNERS

· It is the responsibility of the Event Bookie to take into account all possible outcomes of an Event, including Dead Heats or Multiple Winners. In the event of a Dead Heat or Multiple Winners, it is at the sole discretion of the Event Bookie to resolve the outcome in any way he or she seems best (which may include, but not be limited to, (a) Opting not to post results at all (b) Opting to select one winner over another (c) Requesting for ToteDaddy to void the Event).

· It is the responsibility of the Event Bookie to defend his course of action in the event of a Dead Heat or Multiple Winners to the participants of the Event, ToteDaddy and/or any independent betting adjudication service.





5. MISCELLANEOUS



· All references to time periods in the ToteDaddy Rules relate to the time as displayed on the ToteDaddy website. Customers are advised to take into account any time differences between their local time and that displayed on the ToteDaddy website.

· All information supplied by ToteDaddy is done so in good faith. However, ToteDaddy cannot accept liability for any errors or omissions in respect of any information provided by the Event Bookie

· ToteDaddy reserves the right to correct any obvious errors and shall take all reasonable steps to ensure Events are administered with integrity and transparency.

· If an incorrect selection name is displayed (excluding minor spelling mistakes) or the incorrect number of outcomes is displayed in any complete Event or a Event is otherwise created using incorrect information or includes any obvious error, then ToteDaddy reserves the right to suspend the Event and (providing it acts reasonably) to void all bets placed on the Event prior to the Event being amended or reformed. However, customers are advised not to anticipate this, and to take any Event at face value, as displayed.

· ToteDaddy reserves the right to amend the ToteDaddy Rules at any time. Any such revision will be binding and effective immediately on the posting of such rule changes on the website and any Events created after the new ToteDaddy Rules have been posted shall be governed by the new ToteDaddy Rules.

· On the settlement of any Event, amounts relating to winnings/losses on bets will be rounded to the nearest two decimal places. For example where an amount is $3.33333 the settlement amount will be $3.33. In the event that the amount ends in 0.5 it will be rounded up.

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