The fight is official for betting purposes when the bell is sounded for the beginning of the first round.
Bets will be settled on the official result announced in the ring; subsequent appeals/amendments do not affect settlement (unless the amendment was made due to human error when announcing the result).
If a price is offered for a draw and in the event of that occurring, bets on either boxer to win will be deemed losers.
If a contest is postponed and rescheduled to take place within 30 days of the original start time, bets on that contest will stand unless cancelled by mutual consent.
If the contest does not take place within 30 days bets will be void.
If either fighter is replaced with another fighter all bets will be void and stakes returned.
1) Round Betting/Group Round Betting –
If a boxer fails to answer the bell, the fight will be deemed to have ended in the previous round.
If betting is offered on a set number of rounds & the fight takes place to a different number of rounds (e.g we are betting round betting for 12 rounds & fight is over 10 rounds), to win fight bets will stand. However all other markets (round by round, method of victory, total rounds, will the fight go the distance etc.) will be void.
2) Total Rounds –
For settlement purposes where half a round is stated then 1 minute 30 seconds of the respective round will define the 'half' to determine under or over, or half the stated round time if it differs from the standard 3 minute round.
If the number of rounds for a fight is changed after this market has been set then all bets will be void.
For settlement purposes where half a round is stated then 1 minute 30 seconds of the respective round will define the 'half' to determine under or over. If the number of rounds for a fight is changed after this market has been set then all bets will be void.
To Go the Distance market - For settlement purposes the official designated number of rounds must be fully completed for bets to be settled as ‘Yes’.
To Score a Knockdown market - For settlement purposes a knockdown is defined as a fighter being KO'd or receiving a mandatory 8 count. Anything deemed a slip by the referee will not count as a knockdown.
3) Method of Victory –
Technical decision - when the fight can’t continue for any reason other than a KO/TKO or Disqualification (e.g. a clash of heads causing a cut), but the required number of rounds have been fought for the fight to be decided upon the judges’ scorecards.
In the event of a technical decision before the end of the fight all bets will be settled as a win by decision. Round bets will be deemed losers.
Decision – The decision of the judges’ scorecards after completion of the scheduled rounds including:
Split Decision (2 judges score fighter A the winner and the 3rd judge scores fighter B the winner)
Majority Decision (2 judges score fighter A the winner and the 3rd judge scores the contest a draw)
Unanimous Decision (All 3 judges score fighter A as the winner).
Knockout/Technical Knockout –
Knockout (KO) is when the boxer does not stand up after a ten count.
Technical knockout (TKO) is the three knockdown rule or if the referee steps in when it is decided that a fighter cannot safely continue to fight.
If a fighter fails to answer a bell for the next round then this will also be deemed a TKO.
Any corner retirement will be considered a TKO, unless the fight is subsequently decided by the judges' scorecards or is declared a no contest.
For settlement purposes KO/TKO includes disqualification.
Draw or Technical Draw –
A Draw is as decided by the judges’ scorecards on completion of the full scheduled rounds. A Technical Draw occurs if the referee stops the fight for any reason other than Knockout, Technical Knockout, or disqualification, before the start of the 5th Round.
4) Prize Fighter
Match bets will be settled on the result announced in the ring.
If any result is announced incorrectly at ringside but subsequently corrected then bets will be settled on the correct winner.
Outright bets will be settled on the winning boxer who lifts the trophy.
Bets stand once a fighter is in the ring and the bell has sounded for the beginning of the first round of the specified fighter’s first competition bout.
If a substitute is introduced during the tournament all outright bets will stand and an outright price will be quoted for the new boxer.
All outright bets on boxers who withdraw during the tournament due to injury or cuts (having fought on the card) will be deemed losing bets.
Outright bets will be void on any boxer who does not start the tournament.
A deduction may be applied to outright bets where a named fighter is withdrawn before the start of the tournament and an additional contender added.