Info » Rules


COLOSSUS BETS BETTING RULES

1. PLACING YOUR BET

Bet Acceptance

1.1 AS Totalisaator acts as an agent for Colossus Bets and all bets (“Bets”) are placed directly into Colossus Bets’ pools via the AS Totalisaator site (“Site”). In circumstances where Bets do not reach the pool relevant AS Totalisaator customers (“Players”) will have their stakes refunded and neither AS Totalisaator nor Colossus Bets will be liable for any loss of winnings that would have been due had the bet reached the pool. Any queries you have in relation to your betting activity into Colossus Bets’ pools should be addressed to AS Totalisaator. To the extent that it is unable to resolve your query, AS Totalisaator will contact Colossus Bets. If there is any conflict between any provision in these Betting Rules (“Terms of Play”) and the equivalent terms on the colossusbets.com site, the English language version of the terms on the colossusbets.com site will prevail.

1.2 It is your responsibility to check that the Bet instructions you submit are correct before confirming the Bet. Colossus Bets reserves the right to refuse placement of any Bet for any reason.

1.3 Where there is any disagreement as to the details or status of the Bet or cash-out transaction, Colossus Bets’ records will be the primary source of evidence for the details/status of the Bet.

1.4 Colossus Bets may, in its sole and absolute discretion, decide to suspend betting on a pool at any time. Colossus Bets also reserves the right to void a pool in its entirety or any Leg(s) or Bet(s): to correct any obvious errors; to maintain integrity and fairness in the Colossus Bets pools; if there has been a change to the format or events within a pool; or if it believes any Bet has been placed in contravention of these Terms of Play.

Betting Structure

1.5 Players bet on the outcome of multiple related events which are pre-selected by Colossus Bets ("Legs") and decided over a set period of time ("Game Period").

1.6 The Legs in any Game Period shall be selected by Colossus Bets acting at its sole discretion.

1.7 Players may choose to place one or more Bets, each consisting of a minimum of at least one selection in each Leg. For example, Arsenal to beat Aston Villa by ‘Other Home Win (i.e. a home win by a score not otherwise listed on the coupon), Liverpool to beat Newcastle 3-2, and Chelsea and Everton to draw 1-1). Each Bet is identified with a unique reference number when the Bet is accepted.

1.8 For any given Leg a Player may make one or more selections of alternative results. For example, if you choose 3-1 and 2-1 in Leg 1 and 1-0 in all other Legs – this would constitute two Bets (or two “Lines”). Each Bet has a full unit cost, for example £2 for a Player whose AS Totalisaator Player account “Account”) is denominated in Sterling (GBP), and the Colossus Bets bet placement engine will add up the amount of Lines multiplied by the stake per Line to show the total amount staked on your Bet.

1.9 Bets on American Football are placed for the result including all overtime periods and if an American football match results in a tie after overtime, in correct points margin pools the lowest points margin win for the home team and the away team will be settled as dead-heating winning selections. Unless stated otherwise, all Bets on other sports are placed for the correct result in the ordinary passage of play according to the match officials including stoppage time, but excluding extra time, any golden point period, penalties or similar (if they occur).

Currency and Pool Units

1.10 The base currency for all Colossus Bets pools is Sterling (GBP). This means that certain data (including but not limited to Pool Units, Pool History, Unit Distribution and Winning Units) will be displayed on the Site in Sterling values only. However values which are specific to your Account, including the prize you are playing for, your stake options and any cash-out offers, will be displayed to you in the currency of your Account.

1.11 In specific pools Colossus Bets may gives Players the option to place Bets at a fraction of the full unit cost predetermined for the pool. For example, if the full unit cost in a pool is £2 (as is the case in the Pick 7 Colossus Correct Score pool), Colossus Bets may enable Players to place Bets for a fraction of this full £2 unit cost. Fractional Bets like this will give the Player a corresponding entitlement to any dividends payable at the point of pool settlement. For example, if a Player places a Bet for 50 pence in a pool with a full unit cost of £2, the Player will be entitled to a one-quarter (25%) share of any dividend payable in this pool. A Player betting in a currency other than Sterling can also place Bets which are a fraction of the full local currency unit stake, for a corresponding entitlement to any dividends payable. Staking options available to Players betting in different currencies may differ, but in all cases Players will only be entitled to a dividend which is proportional to the cost of their Bets.

Settlement, Abandonments and Postponements

1.12 Subject to the other provisions in this clause 1 below all bets will be settled based on the official result of the relevant event regardless of any subsequent disqualification or amendment to the result.

1.13 In the event of any uncertainty about any official result, Colossus Bets reserves the right to suspend settlement of any pool until the uncertainty can be resolved to its reasonable satisfaction.

1.14 Colossus Bets reserves the right to reverse the settlement of a pool if it has been settled in error (for example, a human or technical error). If Colossus Bets resettles a pool, this may lead to amendments being made to Players’ Account balances to reflect changes in pool settlement.

1.15 Notwithstanding anything else in these Terms of Play, once a pool has been settled for 72 hours, its settlement will be considered full and final.

1.16 If a match is not completed - i.e. the full period of play (so 90 minutes in the case of soccer), according to the match officials, plus any stoppage time) within 3 days of its scheduled start date, it will be considered a void Leg for the purpose of all pools in which it has been included. All selections in a void Leg will be treated as winning selections for the purpose of the pool.

1.17 If a match starts but is later abandoned or postponed but is completed within 3 days of the scheduled start date, it shall be considered a valid Leg for all pools in which it is included unless the match is restarted from the beginning. If the match is restarted from the beginning then clause 1.16 above applies.

1.18 Notwithstanding the provisions of this clause 1 above, in circumstances where Colossus Bets reasonably believes that a match (whether started or not) will not be completed within 3 days of its scheduled start date, Colossus Bets reserves the right to declare the match to be a void Leg at that point for the purpose of relevant pools (irrespective of whether the match is ultimately completed or not within 3 days of its scheduled start date).

1.19 The voiding of any Bets or Legs as described above in relation to abandoned/postponed fixtures will not apply to Bets/Legs unconditionally determined at the time of abandonment/postponement. For example, if Colossus Bets offers a Leg based on the score at half-time in a match, the abandonment of the match at any point after half-time is not relevant to the completion of the Leg in question.

1.20 If any pool is decided on fewer than the advertised number of Legs, any guarantees or rollovers otherwise applicable to the pool, will be disapplied. In such circumstances Win Pool and Consolation Pool dividends will be declared based only on the net stakes of tickets purchased for that specific pool, although Colossus Bets reserves the right to apply a substitute guarantee to any such pool.

1.21 Provided at least one Leg of the pool takes place, a Win Pool dividend will be declared. If no Legs of a pool are completed, all Bets in that pool will be void and stakes will be refunded. This excludes stakes rolled over from previous pools, which will be rolled over for use in future pools as determined by Colossus Bets.

1.22 Notwithstanding the terms of clauses 1.20 and 1.21 above, to the extent that a pool includes Consolation Pool(s), if the number of Legs which are completed means that every ticket automatically contains at least one winning Line in any such Consolation Pool, then the Win Pool and all Consolation Pools in the pool will be declared void.

1.23 If the scheduled venue for a Leg is changed after a pool has been loaded by Colossus Bets, the Leg will be void only if the new venue is a home ground of the original away team. For matches played at a neutral venue Bets will stand regardless of which team is listed as the home team.

Tennis specific Rules

1.24 For ‘Head to Head’ pools (also referred to as ‘H2H’ or ‘1x2’):

  • a leg will be determined as: a home win (‘1’), if the first named player progresses further in the tournament than the second named player; a draw (‘X’), if both of the named players are eliminated in the same round; or an away win (‘2’) if the second named player progresses further in the tournament than the first named player.
  • If both players in a Leg reach the final of the relevant tournament, the winner of the final will be deemed to have progressed furthest.
  • if a relevant player does not play at least one point in the tournament (excluding any qualifying rounds), any Leg in a pool featuring such player will be void.

1.25 For pools based on the correct score of selected matches:

  • if a player retires or is disqualified before the completion of the match, Legs featuring such match will be void.
  • if the scheduled duration of a match is reduced or increased in the number of sets required to win, Legs featuring such match will be void.
  • if a match is postponed or re-scheduled, Legs featuring the match will stand provided the match is played before the end of the tournament.

1.26 If a tournament is not completed within 3 days of its scheduled completion date, Legs in a pool which have not been unconditionally determined will be void.

1.27 Bets on tennis pools will stand regardless of changes to scheduled venues, including any changes to a different type of surface.

Time periods and Errors

1.28 References above within this clause 1 to a particular number of 'days' shall mean the end of the day in local time (where the fixture is taking place) after the expiry of the specified number of days. For example, if a match is scheduled to be completed on 15th November when a pool is loaded on the Site, then the rule that allows the match to be completed within three days after the scheduled completion date would mean that the deadline for completion of that match would be 23.59:59 local time on 18th November.

1.29 Colossus Bets accepts no responsibility for typing, transmission and/or evaluation errors. Colossus Bets also accepts no liability for incorrectness or incompleteness or inaccuracy of the information provided via the Site, including (without limitation) any clock counting down to the beginning of the next passage of play in a pool, any live scores and results.

2. ORGANISATION OF OUR POOLS AND ASSOCIATED DEDUCTIONS

2.1 All Bets are pool bets where winnings are determined by reference to the money staked and the number of correct entries in the pool.

2.2 Bets which correctly predict scores and/or outcomes of the required number of Legs will win a share of the Win Pool, and where applicable Consolation Pools.

2.2.1 "Win Pool" - Players who select the correct result (for example, the correct score in score pools, correct margin in points margin pools and the correct home/draw/away outcome in 1x2 pools) of all the Legs of a pool will win a share of the Win Pool.

2.2.2 "Consolation Pools" – In certain pools Players who select all of the correct results except for one, two or three results as applicable, shall share the relevant Consolation Pool.

2.3 The Win Pool will grow and rollover independently depending on whether it is won. Any rollovers from Consolation Pools will be applied to the next corresponding Win Pool. Colossus Bets will endeavour to apply all such rollovers to the next equivalent pool (for example, an English Premier League Pick 6 pool rollover will typically be applied to the following week’s English Premier League Pick 6 pool), but rollovers will be applied by Colossus Bets acting at its sole discretion.

2.4 Player stakes are allocated to each pool in accordance with the following:

2.4.1 Stakes on Pick 7 and Pick 6 correct score and correct points margin games shall be allocated as follows:

• 60% of stakes shall be allocated to the Win Pool.

• 10% of stakes shall be allocated to the Consolation Pool for all but one correct selections.

• 13% of stakes shall be allocated to the Consolation Pool for all but two correct selections.

• 17% of stakes shall be allocated to the Consolation Pool for all but three correct selections.

2.4.2 Stakes on the 1x2 Pick 15 game will be allocated as follows:

• 40% of stakes shall be allocated to the Win Pool.

• 10% of stakes shall be allocated to the Consolation Pool for all but one correct selections.

• 13% of stakes shall be allocated to the Consolation Pool for all but two correct selections.

• 17% of stakes shall be allocated to the Consolation Pool for all but three correct selections

• 20% of stakes shall be allocated to the Consolation Pool for all but four correct selections.

2.4.3 Stakes on Pick 10 Over/Under games and Pick 10 Both Teams to Score games will be allocated as follows:

• 60% of stakes shall be allocated to the Win Pool.

• 15% of stakes shall be allocated to the Consolation Pool for all but one correct selections.

• 25% of stakes shall be allocated to the Consolation Pool for all but two correct selections.

2.4.4 Stakes on Pick 20 Over/Under games and Pick 20 Both Teams to Score games will be allocated as follows:

• 45% of stakes shall be allocated to the Win Pool.

• 7% of stakes shall be allocated to the Consolation Pool for all but one correct selections.

• 9% of stakes shall be allocated to the Consolation Pool for all but two correct selections.

• 11% of stakes shall be allocated to the Consolation Pool for all but three correct selections.

• 13% of stakes shall be allocated to the Consolation Pool for all but four correct selections.

• 15% of stakes shall be allocated to the Consolation Pool for all but five correct selections.

2.4.5 Stakes on Pick 3 and Pick 4 correct score and correct points margin games, on 1X2 Pick 5 and Pick 8 games and on all tennis games will be allocated as follows:

• 75% of stakes shall be allocated to the Win Pool.

• 25% of stakes shall be allocated to the Consolation Pool for all but one correct selections.

2.4.6 For all games where no Consolation Pools are advertised, 100% of stakes shall be allocated to the Win Pool and no other pools shall be available.

2.5 Unless stated otherwise, each pool is subject to a deduction of 30%. The net amount in each pool is 70% of stakes and the allocation of stakes to the different pools referred to above is before this deduction.

2.6 Each winning Line in a ticket is only eligible to win the single highest relevant prize fund applicable to such Line. For example a Line which includes the correct score in each of the six Legs of a correct score Pick 6 pool will win a share of the Win Pool prize but no Consolation Pool prizes which attach to that Pick 6 pool. Similarly a Line in that same pool which includes five of the six correct scores (but not six of six correct) will win a share of the ‘all but one’ Consolation Pool prize and therefore will not be eligible for the ‘all but two’ Consolation Pool prize.

2.7 All Colossus Bets dividends and partial cash-out transactions will be rounded down to the nearest one pence (or currency equivalent).  For example a dividend of £350.49764 will be rounded down to £350.49 and the cashing out of 10% of an offer of €25.67 for 100% of a Live Ticket, will be rounded down to a cash-out amount of €2.56.

3. CASH-OUT

3.1 Colossus Bets may at any point during the Game Period offer Players the opportunity to cash-out the whole or a portion of a ticket which may still, potentially, contain a winning Line ("Live Ticket").

3.2 The availability of cash-out offers can never be guaranteed and during periods when typically cash-out offers would be available (after the conclusion of one Leg in a pool and before the commencement of the next Leg, at the end of the day’s play in a sport such as golf or tennis, or for some sports including soccer, during the half-time period in any given Leg), cash-out offers may be unavailable for technical, operational or any other reason.

Pricing a Live Ticket

3.3 In its offer to purchase a Live Ticket ("Offer") Colossus Bets shall provide to the Player an offer price to purchase any 10% increment of the Live Ticket up to 100% ("Offer Price").

3.4 The Offer Price shall be determined by Colossus Bets acting at its sole discretion.

3.5 Offer Process

A. The Player will be notified of an Offer via his/her Account.

B. Following receipt of an Offer, the Player shall have the period between the making of the Offer by Colossus Bets and the lapsing of the Offer to decide whether to ACCEPT the Offer (C) or REJECT the Offer (D). Colossus Bets reserves the right to revise or withdraw an Offer that has not been accepted. All Offers automatically lapse on commencement of the next period of live play.

C. If the Player accepts an Offer for 100% of a Live Ticket all rights in the Ticket will be assigned to Colossus Bets and the Offer Price shall be transferred into the Player's Account as soon as is reasonably practicable. See clause 3.7 below on selling a portion of a Live Ticket.

D. If the Player rejects an Offer (or takes no action in respect of the Offer) the Player will retain full ownership of the Live Ticket and accordingly retain his/her chance to win or share the relevant prize funds.

3.6 For the avoidance of doubt, once a Live Ticket is fully cashed-out you will no longer be able to win any amount in respect of that ticket.  If any Bets on that ticket are ultimately successful, Colossus Bets will be entitled to the relevant Win Pool dividend (together with any Consolation Pool dividends) that you would have been entitled to had you not sold the Live Ticket.

Cashing-out a portion of a Live Ticket

3.7 Where a Player accepts an Offer from Colossus Bets to cash-out a portion ("Portion") of a Live Ticket rather than the full 100% of the Live Ticket, all rights in the Portion will be assigned to Colossus Bets and the Offer Price will be transferred into the Player's Account as soon as is reasonably practicable.

3.8 The Player shall retain ownership of the remainder of the Live Ticket and if the Live Ticket is successful the Player will be entitled to such percentage of the amount of the Win Pool (together with the same percentage of any Consolation Pools) applicable to his/her retained share of the Live Ticket.

Worked Example:

Player A cashes-out a 20% Portion and subsequently a 30% Portion (so 50% in total) of a full unit Live Ticket. The Live Ticket is a correct prediction of the scores of all Legs in the Game Period, which proves to be a winning Bet for the purposes of the Win Pool. There is one other full unit Win Pool winning Bet in the Game (held by Player B).

The net Win Fund holds £1,000,000

Win Pool: £1,000,000 ÷ 2 (as 2 winners) = dividend of £500,000

50% of £500,000 (Player A's retained share in Live Ticket) = £250,000

Player A’s Win Fund share: £250,000

3.9 Where an Offer which has been accepted by a Player (in full or in part) has been made by Colossus Bets based on erroneous information (for example based on a half-time score being 0-0 when the score is in fact 0-2) or as a result of a technical failure, Colossus Bets reserves the right to void any such Offer or to adjust the cash-out amount payable. Any such adjusted cash-out payment will be based on the accurate score/result at the time of the erroneous Offer being made and the consequent revised value of the relevant ticket at that time.

3.10 Where an Offer which has been accepted by a Player (in full or in part) has been made by Colossus Bets on the basis that all scheduled Legs in a pool will be completed (and therefore any guarantee and rollovers are factored into such an Offer), but all such Legs are not completed, Colossus Bets reserves the right to adjust the cash-out amount payable. Any such adjusted cash-out payment will be based on the revised value (given the amounts available to be won in the applicable pools and the revised likelihood of success) of the relevant ticket at the point the Offer was made.