The play-or-pay rule refers to the refund rule applicable for any non-starters, i.e. bets where a participant, team or player was unable to take part in the competition, whatever the reason.
Under the play-or-pay rule the risk of a participant, team or player not taking part in a competition is transferred to the customer, this risk being factored into the overall odds calculation.
The customer bears the risk since the bets, for instance on a grand slam tournament (tennis), are playable months before the actual tournament. The odds are calculated and ranked on the basis of the expected performance. At this point in time, however, it is not yet known which players will be unable to participate in the tournament for health or sports-related reasons.
Example: If Roger Federer is rated as main favourite months before a Wimbledon tournament, he will receive the lowest odds. Second favourite Nadal is given the next highest odds, etc. If it is announced several days before the tournament that neither Federer nor Nadal will be taking part, third favourite (Djokovic) automatically becomes the new top favourite. The odds are substantially reduced as a consequence. Anyone who bet on Djokovic before this information became known is at an advantage since the odds were a lot higher then given Djokovic’s lower favourite ranking. This advantage is offset by the absence of a non-starter refund.
The football bets first goal scorer, last goal scorer and anytime goal scorer are the only ones that pay a non-starter refund.
Odds express the probability of a prediction being correct, and as such, the values can be between 1.00 and infinity. The following applies:
• The lower the odds, the more likely a prediction will prove correct. Favourites are given lower odds.
• The higher the odds, the more unlikely a prediction will turn out to be true. Outsiders attract higher odds.
Odds can change at any time because they are influenced by a lot of factors, such as new circumstances (injury of a key player), previous results (champions odds in a football league) or high stakes placed on a particular prediction.
If odds have increased or decreased, the prediction will be marked in colour. The following applies:
• Green = odds have increased
• Red = odds have decreased
The odds given at the time that the bet was concluded constitute the deciding factor for a bet. Any changes to odds after bets have been placed will not be used to evaluate the bet.
A prediction refers to the selectable betting outcomes of one or more sporting events. All selectable picks in the betting programme are therefore to be understood as predictions.
Example: For a football match between Tottenham and Everton, bets can be placed on the match winner. The potential selectable betting outcomes are:
The pick selected for the betting outcome – in this case, a win for Tottenham – thus corresponds to the prediction of the bet.
The betting programme is understood to be the entire betting line-up available at Sporttip.ch and in the Sporttip app. This is expanded and amended continuously.
If a game or a type of sport that you wish to bet on is not available in the betting programme, this may be for one of the following two reasons:
• The bet is not currently available, but will be available soon.
• Sporttip is not authorized to offer the bet.
The bets that may be offered can be found in the list of “Permissible betting” published by the Swiss Gambling Supervisory Authority (Gespa).
In principle, the potential winnings are calculated by multiplying the prediction odds by the stake. Depending on the form of betting, the calculation of the potential winnings is expanded correspondingly.
Although odds of predictions can change continuously, you will be paid those odds given at the time you placed the bet.
Single bet
The potential winnings are calculated by multiplying the prediction odds by the stake.
• Odds × stake = potential winnings
Combination bet
The potential winnings for a combination bet are calculated in two steps:
1. Overall odds: Multiply all individual odds for a prediction together.
o Odds 1 × odds 2 = overall odds
2. Potential winnings: Multiply the stake by the overall odds.
o Overall odds × stake = potential winnings
System bet
The amount of the potential winnings on a system bet depends on the system, the number of correct predictions and their odds multiplied by the stake.
NB: When a bet is placed, the betting slip must always show the maximum potential winnings. All system predictions need to be correct to hit the maximum.
The specific bet combinations generated by the system as well as the corresponding potential winnings can both be seen by clicking the link marked “Details” on the betting slip.
A bet type describes the mechanics of a bet. A bet type is always formulated in a specific question or statement. The associated prediction options then describe the possible answer to the question or statement. The bet is defined by answering the question using the prediction options. It should be noted that there are a variety of different bet types, each based on a different mechanism. The bet types, their mechanisms, and an example are all given in Forms of bet & Bet types.
Example: The “Exact result” bet type is selected for a tennis match. The betting question for this is “1st set – exact result”. With the prediction options, it is possible to answer the question of the bet using the prediction and thus bet on whether this prediction will prove correct.
Three different forms of bet can be selected for Sporttip. The form of betting available depends on the number of predictions selected.
A single bet can be placed from the first prediction selected, a combination bet from two predictions and a system bet from three predictions.
TIP: When selecting two predictions, the betting slip automatically offers a combination bet on the bet. In this instance, if an individual or system bet is preferred, this must be changed correspondingly.
Stake limits
Minimum and maximum stakes are defined for Sporttip. If a set limit is not met or is exceeded, the bet will not be accepted and a Gaming Contract is not concluded.
The minimum stake for a single, combination or system bet (per bet) is CHF 1.00
The maximum stake for single and combination bets is CHF 1,000.00. The maximum stake for a system bet is CHF 10,000.00.
Limits on winnings
There are no limits on winnings defined for Sporttip. However, beyond a certain financial risk that would be created as a result of a payout, Sporttip is obliged to reject newly placed bets on a specific match, race or tournament.
TIP: Wins of over CHF 1,000,000 are subject to withholding tax. With system bets, wins are calculated per single bet.
Furthermore, wins of CHF 1,000 or more are subject to checks. If the bet has been made at a sales outlet, the ticket must be presented to Swisslos for checking. The check can take a few days.
Sales outlet (point of sale)
If a bet that is to be cancelled for any reason was submitted at a sales outlet, the sales staff must be notified of this immediately. The ticket must then be returned to the sales staff so that the ticket can be cancelled.
PLEASE NOTE: As soon as a live bet is printed on the ticket, it is not possible to cancel the bet owing to the dynamics of live bets.
Online
If a bet that is to be cancelled for any reason was submitted via an online platform, a message requesting cancellation and containing the following information must be sent to the Customer Service Center immediately:
• Ticket number
• Reason for cancellation request
The cancellation request will be examined by Sporttip. The cancellation may be either approved or rejected.
PLEASE NOTE: As soon as a live bet is printed on the ticket, it is not possible to cancel the bet owing to the dynamics of live bets.
Tickets for bets placed can be viewed in the game account by selecting the corresponding bet.
The tickets provide all of the information relevant to the bet, such as predictions, stake, potential winnings, match day of the bet, etc.
The predictions bet may be marked in different ways:
• Green = Correct pick
• White = Bet outcome still pending
• Red = Incorrect pick
• Bold = Pick submitted
If the ticket refers to a system bet with one or more bank picks, the bank picks are marked with a black border.
As soon as a result becomes available, this can be viewed on the ticket under “Results”.
You can specify favourites by clicking on the star symbol next to your favourite team or player name. By clicking again, you can unselect a favourite.
After selecting favourites, they can also be viewed and edited in the “My Sporttip” section in the left-hand navigation menu. Creating a favourites list allows faster navigation to corresponding bets on favourites.