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Sports Wagering
Sports betting is a game of skill. The challenge is to gather and analyze as much information as possible, weigh the probabilities, and subsequently compare your opinion to the oddsmaker's. Make the right judgment and you win. It's as simple as that.

Types of Basic Sports Wagers
The most common type of sports wager is on the result of a single game, known as a straight wager. One team is typically favored over another by a pointspread; the favorite gives the underdog points as a head start for betting purposes only.

The favorite is always indicated by a minus sign (e.g. -3) and the underdog by a plus sign (e.g. +3). The amount of points a customer must give is estimated to be the amount which will generate equal wagering on both the underdog and the favorite. For betting purposes, the result of the game is determined by taking the actual score and subtracting points from the favorite's score or adding points to the underdog's score.

So, a favorite can win the game but lose it for betting purposes and an underdog can lose the game but win it for betting purposes. In all straight bets which are set by a pointspread, the customer lays $11 for every $10 the customer wishes to win.

For example, the Green Bay Packers may be favored by 14 points over the Chicago Bears. A customer who wishes to win $10 on Green Bay must give Chicago 14 points, if Green Bay wins by more than 14 points than the customer wins $10. If Green Bay wins by less than 14 points or loses outright, then the customer loses $11.

A customer can also bet whether the combined number of points or goals scored by the two teams in the game will be over or under the total set by the oddsmaker. For example, if the total is 32 and you believe that the combined points scored by the two teams will exceed that number, you would bet over 32.

A bet on a matchup between two teams may be set by a money line, or odds, instead of a pointspread. If a matchup is determined by a money line, like American baseball, then it will cost the customer more to wager on the favorite.

For example, the Atlanta Braves may be favored over the Chicago Cubs by 150. In this example, the customer must lay $150 in order to win $100 if Atlanta wins the game, no pointspreads are involved. If Atlanta loses, the customer loses $150. However, the customer could bet on Chicago, in which case the customer would lay $100 in order to win $150 if Chicago wins the game. If Chicago loses, the customer only loses $100, because Chicago is the underdog.

Sports Wagering Rules

Casino Sunriseinsurance Rules and Notices: Due to the fact that transmission of data over the internet is beyond our control, occasionally some bets submitted do not reach us. For you to be assured your bet was submitted properly, always check your 'Open History' button, and see if the bet is there.

  1. If the bet is not in your Open History, please click your 'Refresh/Reload' button on your browser, and this will start your session again with the appropriate balance.
  2. If the bet is not in your open history there is no bet, your balance was not affected on anyway.

We will not honor any bets said to have taken place, unless it is in your open or scored history sheet. Please when you submit a bet and you get an error. Do not try again until you check your 'OpenHistory'. The bet might have gone in, this will prevent double betting.

Straight Bets: A wager on one event whose outcome for wagering purposes shall be determined by a point spread or money odds. All straight and total bets are 10/11 unless otherwise noted at the time of the wager. A customer lays $11 for every $10 player wishes to win. On all straight bets, if the favorite wins by the exact point spread the wager is a Push or "No Action."

Parlays:
A parlay is the selection of 2 or more teams (up to 10) in no particular order in a single wager. All teams in the parlay must win, if there is a tie it reverts to the next lowest number for payoff. (Example: If you select 4 teams and one ties, it becomes a three team parlay). Tie and win on two teamer becomes straight bet (90% of wager) Parlay Payoffs/Odds for

Basketball and Football

2 teams - 13/5
3 teams - 6/1
4 teams - 10/1
5 teams - 20/1
6 teams - 40/1
7 teams - 75/1
8 teams - 150/1
9 teams - 300/1
10 teams - 700/1

Teasers:
A Teaser is a selection of two or more teams in one wager in which the point spread is adjusted in your favor. The number of teams selected and the number of points selected determines the payout odds. A "Tie" or "No Action" and a "Win" on a two team teaser shall constitute a "No Action" wager. A "Tie" or a "No Action" and a "Loss" on a two team teaser shall constitute a "Losing" wager. Ties on a three or more team teaser shall revert to the next lowest betting bracket. (Example: A tie on a three team becomes a two team teaser.)

Teaser Payoffs/Odds for Basketball and Football

 Football - Points

 6

 6.5

 7

 Basketball - Points

 4

 4.5

 5

 2 teams 

 10/11

 5/6

 10/13

 3 teams

 8/5

 7/5

 6/5

 4 teams

 5/1

 4/1

 9/5

 5 teams

 4/1

 7/2

 3/1

 6 teams

 6/1

 5/1

 4/1

 7 teams

 9/1

 8/1

 7/1

 8 teams

 14/1

 12/1

 10/1


3 Team 10 point Football and 7 Point Basketball Teasers Odds are 10/12 - Ties Lose.

Special Rules

Las Vegas rules, regulations, payoffs and wager types apply where not covered herein.

All sporting events must be played on date and site scheduled unless otherwise specified. Sporting events postponed by more than 12 hours and or rescheduled, will constitute "No Action," and all money will be credited accordingly.

All bets must be made and accepted, before the start of the game/event wagered. Any bet placed or received after the start of the game/event wagered, will be void.

In the event that monies are credited to a customer's account, it is incumbent upon the customer to notify Internet Opportunity Entertainment Ltd. of the aforesaid error without delay. Any winnings realized after the error, whether directly or indirectly subsequent to the error but prior to notification of Internet Opportunity Entertainment LTD., shall be void.

Internet Opportunity Entertainment LTD. does not recognize suspended games, protests, scoring amendments, result reversals and overturned decisions for wagering purposes.

In order for a bet to be valid, a customer must receive a bet number confirming from Internet Opportunity Entertainment LTD. that the bet has been accepted. This will be via a confirmation message that will appear on your screen.

Once accepted bets cannot be canceled or amended in any way, either by the customer or by Management

Every effort will be made to ensure that all information available on the the Internet site is accurate. However, if an error is made in the prices or conditions published on-line, we reserve the right to correct any mistakes and to settle any bets already laid at the correct price.

Winners and losers are official after:

Football - NCAA & NFL - 55 minutes of play

Basketball - NBA - 43 minutes of play

Basketball - NCAA - 35 minutes of play

Hockey - NHL - 55 minutes of play

All other sporting events - 55 minutes of play

Overtime periods, quarters or extra innings are counted in the final score when wagering on totals.

On half time wagers, overtime periods are included as part of the 2nd half.

Other Sports: All other contests that involve a scheduled length of play or time limit must play to their conclusion or have five minutes or less of the scheduled playing time remaining when the contest concludes to be considered official for wagering purposes.

Special Major League Baseball Rules

Major League Baseball games are official after 5 innings of play, or 4.5 innings if the home team is leading. If a game is subsequently called or suspended, the winner is determined by the score after the last full inning unless the home team ties the score or takes the lead in the bottom half of the inning. Then the winner will be determined by the score at the time the game is called. When wagering on total runs or run lines, the game must go the regulation 9 innings, or 8.5 innings if the home team is leading, otherwise it will constitute a "No Action" wager, and all money will be credited accordingly. Wagers on total runs will be refunded if a pitcher change occurs prior to both listed pitchers throwing at least one pitch.

Baseball wagers are accepted as "Listed." In the event of a pitching change prior to the game, all wagers on a team are considered "No Action". All wagers will be refunded to the customers account.

Any and all baseball series wagers must have all 3 games played by the end of a specified date for the wager to have action. If all 3 games are not played by that specified date then all wagers are NO ACTION, regardless if one team has 2 wins. All 3 games must be official by Las Vegas Gaming Standards (see our rules regarding baseball wagers and what constitutes an official result)

NOTE: Each team's starting pitcher is defined for betting purposes as the pitcher that throws the first pitch.

Boxing

In boxing, the official stopping of a round before the sounding of the bell does not constitute a full round. A full round is only considered for wagering purposes when the bell sounds signifying the end of said round.

Golf
For tournament matchup betting all of the players listed in the matchup bet offer must tee off for your bet to have action. The player with the most completed holes wins. If the players complete the same number of holes, then the player with the lowest score wins. If the players are still tied then the wager will be No Actioned and all monies will be refunded. If both golfers in a match-up are in a playoff: a) winner of play-off wins matchup and b) all other playoff participants tie each other.

Should a tournament be shortened, or otherwise affected, due to weather conditions the official result will be used when settling, regardless of the number or rounds played. However, should there be no further play after a bet is struck that bet will be void.

Single day matchups are wagers on the particular day's 18-holes. Single Day mathups do not include holes played as part of a completion from the previous day's round nor playoff holes considered part of the overall tournament score. Should a day's round be shortened, or otherwise affected, due to weather conditions and the round is continued the next day, the full 18 holes will are considered in determining the outcome of the bet even if they are played over two days. If a full 18 holes are not completed by both members of the matchup, all bets are void. If both players end the 18 holes in a tie, the bet is considered a no action wager.

European Football

All football bets will be settled on 90 minutes play, this includes any time added by the Referee in respect of injuries and other stoppages. Extra Time, Golden Goals and Penalty Shoot-Outs do not count.

For bets on European football, in order to place your Internet Opportunity Entertainment Ltd. bet correctly, you must predict the result of at least one (1) game:1=home win, 0=draw, 2=away win. The customer can, of course, bet a parlay (or "combination"), but must get all the selections correct in the parlay column.

Bets taken on 'first goalscorer' will be void if the player does not take part in the game or comes on after a goal has already been scored. Bets taken on 'last goalscorer' will be void if the player does not play or come on as a substitute.

If any match is abandoned, or postponed, all bets will be void unless the relevant market result has already happened; for example, 'first goal scorer betting, which will stand if a goal has already been scored. Where a venue is changed, bets will stand unless the game is to be played at the original away team's ground in which case all bets will be void.

Cricket

For Cricket games, if the match is shortened by the weather, bets will be governed by the official competition rules.

Rugby

For Rugby Games, if any match is abandoned or postponed all bets will be void, except bets on the first try scorer if a try has been scored prior to abandonment. Where a venue is changed, bets will stand unless the game is to be played at the original away team's ground in which case all bets will be void.

Tennis

For Tennis Match betting, in the event of a match starting but not being completed, the player progressing to the next round will be deemed the winner. In the event of any of the following circumstances taking place all bets will stand: (i) a change of playing surface, (ii) a change of venue or (iii) a change from indoor court to outdoor court or vice versa.

Motorsports

In the event that the driver or team that a customer bets upon for the outright championship does not start the race, the bet is considered action (no refunds on the bet). Both drivers must start the race for matchup wagering for the bet to have action. The start of any motor race is defined as the signal to start the warm-up lap. The official winner at the conclusion of the race will be the winner for betting purposes.

Parlay or Multiple Betting

Parlay or Multiples Betting. No multiple (parlay) bets can be accepted where individual legs are 'connected'. For example, one leg of a parlay is for Sampras to beat Agassi in the 4th round of Wimbledon and the second or additional part of the parlay is for Sampras to win the overall Wimbledon title. The match forms part of the overall tournament and is therefore 'connected'. In the same way, you cannot parlay the over of the first half of a football game with the over of the total game, because the two are 'connected'.

Dead Heat Rule
In the event of a dead heat (a tie), stakes will be divided by the number of selections dead heating with the divided stake settled at full odds, remaining stakes are lost. If the tie was a betting option, then the dead heat rule does not apply. The Dead Heat Rule only applies to Future Wagers. For example, if there is a 3 way tie for the Top Scorer in a Football game. Then your winnings are calculated by taking your stake, dividing it by 3, and multiplying that amount by the odds on your betting ticket.



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Last Updated: December 10, 2001 2:09 PM (GMT)