Wednesday, October 3, 2007

Sporting bets: Formula one

Championship Betting

  1. Any bets placed on both the Drivers World Championship and the Constructors World Championship will stand even if the selection does not compete.
  2. Bets will be settled according to the official Championship result at the podium presentation following the final race of the season. Where there is a tie for the Championship, bets will be settled according to the most races won, followed by most second places, and so forth, as per FIA rules.
  3. In match betting all bets will stand provided that both competitors participate in a minimum of ten World Championship events. The winner will be deemed to be the competitor who collects the most World Championship points with the weigh in considered the podium result of the final race of the season. Should either competitor fail to participate in ten events, then bets on both competitors will be void. Should there be a tie between competitors all bets will be settled in the same manner as Championship bets, as per FIA rules.
  4. Any bets placed on group betting will stand even if the selection does not compete. The winner will be deemed the driver who collects the most World Championship points with the weigh-in considered as the the podium result of the final race of the season.

Race Betting

  1. All bets will be settled on the result at the end of the race, with the podium presentation deemed the official weigh-in for settling purposes. Subsequent disqualifications and amended results do not count.
  2. Any driver who does not start the race will be deemed as a non-runner and bets on that particular driver will be settled as void.
  3. The start of the race will be deemed as the beginning of the formation lap with any driver opting to start from the pit-lane also deemed to be a starter for race purposes.
  4. In the event that three or more teams withdraw after qualifying has been completed and before the first green light to signal the start of the race following the formation lap, all bets on the race will be made void.
  5. Straight forecast betting refers to two drivers to finish first and second in a stated order. The drivers must finish in the first two positions in the classified race results - no other positions will count.
  6. Dual forecast betting refers to two drivers to finish in first and second place in any order. The drivers must finish in the first two positions in the classified race results - no other positions will count.
  7. The first car to retire market refers to the first team to retire a car from the race. The market will be settled based on the lap of the retirement. In the event of more than one driver retiring on the same lap, dead-heat rules may apply.
  8. Winning Car bets will be settled on the team of the driver who wins the race.
  9. Winning Margin bets will be settled according to timings provided by the FIA as the official result.
  10. The Fastest Lap market will be settled on the driver who sets the fastest single lap of the race. Any driver who sets his fastest lap on their final lap, following the leader winning the race, will still be eligible to win this market.
  11. Race Match Bets will be between two named drivers. Bets will be settled on the driver who achieves the highest race placing. If both drivers fail to complete the race, the driver completing the most laps will be deemed the winner. If both drivers retire on the same lap, bets will be made void. If either driver does not start the race then bets on both will be void.
  12. Total Finishers bets will be settled on the total number of classified finishers according to the FIA official results. Drivers who fail to complete 90% of the race distance are classified as non-finishers.
  13. ITV Driver of the Day bets will be settled based upon who is nominated by the ITV as their "driver of the day" following the race. If no "driver of the day" is announced or more than one driver shares the title then all bets will be void.
  14. Should the race start under the Safety Car, then all bets concerning the Safety Car will be made void.
  15. In the event of two drivers recording the same time, all bets will be settled according to FIA Classifications.

Qualifying

  1. The Highest Official Qualifier (Pole Position) market will be settled on the official qualifying results as taken from the FIA, regardless of any demotions or penalties applied subsequently.
  2. In Qualifying Match betting the winner will be deemed to be the driver who scores the best qualification result, regardless of any demotions or penalties applied subsequently. If either driver fails to begin a qualifying lap, then all bets on that match-up will be void. Official FIA places apply if the times are recorded as identical.
  3. In the Fastest Qualifier market only the times set in the final session will count, regardless of faster times being set during the knock-out stages of qualifying.
  4. In the event of two drivers setting identical qualifying times, bets will be settled according to FIA Classifications.
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