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4 ‘Fair and open’ provisions

4.2.9 - Display of rules – pool betting

Applies to:

All pool betting licences.

Social responsibility code

Compliance with these is a condition of licences; therefore any breach of them by an operator may lead the Commission to review the operator’s licence with a view to suspension, revocation or the imposition of a financial penalty and would also expose the operator to the risk of prosecution.

  1. Licensees or any person they authorise to offer pool betting on their behalf under authority of section 93 of the Act must publish their rules relevant to the following:
    1. the deduction levels for overheads, taxes, profits etc, expressed as a percentage, from each available pool;
    2. the rounding of winning dividends to a whole unit;
    3. the procedure for when there is no winner of the pool, and the circumstances in which the pool is carried over; and
    4. the period of time in which a winning bet may be claimed from the pool operator.
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