1. General Introduction and Definitions1.1.All Betanoshops.ng. operations are organized under the laws of Nigeria and the approval of NLRC, with business registration RC 1489343.
1.2 “T&Cs” are the terms & conditions constituting and governing the contractual relationship, as stated herein, and which the parties, as stated herein, hereby agree upon.
1.3 A "Client" is an individual, having an account, therefore, a contractual relationship with the company.
1.4 An "Account" is an account held by a Client, for bona fide transactions, with a strict aim to establish a normal commercial relationship with the company and with the strict purpose of conducting betting and other gaming and gambling transactions.
1.5 The "Governing Authorities" are the authorities of Nigeria. The "Governing Law" is the law of Nigeria.
1.6. "Force Majeure" refers to any occurrence or condition beyond one's reasonable control which leads to a delay or default in the performance of the affected party's contractual obligation and shall, for the purposes of the T&Cs, include Acts of God, Government restrictions (including the denial or cancellation of any necessary license where such denial or cancellation is made through no fault of the affected party), wars, insurrections and/or any other cause beyond the reasonable control of the party whose performance is affected.
1.7 All trademarks, service marks, and trade names as well as images, graphics, text, concepts, or methodologies (collectively the “Intellectual Assets”) found on the Website, the Client Application, and the material contained therein are the exclusive property of The Company and/or The Company suppliers and partners. The Client is not entitled to exploit or otherwise use any Intellectual Asset for whatever purpose, except for what is allowed by law.
2. Account Rules, Deposits & Withdrawals2.1. An individual applying for registration to become a Client, warrants and represents that any information provided in the application form is true and correct. The Company will not register any individual, where that individual has already been registered. The Company will cancel that individual's registration as a Client if it becomes aware that the individual has provided false information when registering as a Client. Full name, email, residence address, and phone number must be real and possible to be verified if requested. Important notice: Name, username, and currency cannot be changed post-account creation.
For the Client to request withdrawals, remove all initial limitations, and have full rights in the promotions, the account must be verified. For the account verification, The Company will request the following details:
Client’s ID for age verification (players under eighteen (18) years of age are not accepted)
Client’s proof of ownership of the mobile number and place of residence (electricity bill)
Client’s valid email address (Client’s email address has to be unique)
Client’s proof of ownership of the payment method used for funds deposit in The Company
In case the Client has changed the place of residence, telephone number, or any other element of his data, he/she is obliged to immediately inform the company, so the new data can be updated.2.2. An individual applying for an Account acknowledges and accepts:
The “T&C” as currently published on the website, as well as any possible future changes
Any regulatory provisions or other decisions made from time to time by the Governing Authorities
The Company's customer support is available in English. In a case of a dispute between a Client and the Company, only the English version shall be used.
Decline to open an Account and/or to close an existing Account, without any explanation whatsoever
Decline to accept or limit deposits without any explanation whatsoever
Suspend Client’s account and/or cancel the participation of a Client in promotional activities, competitions, or other services, whenever The Company is of the opinion that there are legitimate concerns that an account is, has been, or may be used for illegal, fraudulent or dishonest practices
Suspend and/or cancel the participation of the Client in the Services, and/or forfeit and/or confiscate funds available on his/her Client Account if the Client is found cheating, or if it is determined by the Company that the Client has employed or made use of a system (including machines, robots, computers, software or any other automated system) designed or suitable to defeat the Client Application, and/or the software used to offer the Services
Hold or charge any Payment method fees or expenses, from the Client’s account, for all previous deposits and withdrawals, plus any administrational or legal costs the Client provoked for any reason, whenever The Company is of the opinion that there are legitimate concerns that an Account is, has been or may be used for illegal, fraudulent or dishonest practices
In case of a possible refund to the client regarding the above-mentioned cases, the maximum refund is limited to the last deposit minus the deposit and withdrawal fees.
Being 18 years old or older;
Being residents of Nigeria and wagering in the currency of Nigerian Naira (NGN)
Not working or contracted with any legal entity which is part of the same group as The Company, meaning other entities being, directly or indirectly, linked with the Company, or with The Company's third-party suppliers
Not being professional punters, betting syndicates, traders, professional athletes, and players wagering for the sole scope to take advantage of “inside” information.
A Client is opening multiple accounts (using the same or similar names, addresses, telephone, e-mails, same or similar dynamic IP addresses, computers, or other devices)
A Client is acting as a part of a syndicate (using the same or similar names, addresses, telephone, e-mails, same or similar IP addresses, computers, or other devices, acting on the same or similar pattern)
The company reserves the right to block the relevant Account(s) held by the Client or the Syndicate and report the incident(s) to the relevant authorities. Following an internal investigation, The Company has the right to cancel bets, forfeit winnings, and deduct bonuses from all relevant accounts. The Company also reserves the right to reallocate all the funds in the different superfluous Accounts to a single Account and to delete the remaining superfluous account(s). Any bonus given to the superfluous Account(s) will not be transferred.
In an event where any term of some offer or promotion is breached or there is any evidence of a series of bets/wagers placed by a customer or group of customers, which due to a deposit bonus, enhanced payments, free bets/wagers, or any other promotional offer results in guaranteed customer profits irrespective of the outcome, whether individually or as part of a group, Betanoshops.ng reserves the right to reclaim the bonus element of such offers and in Betanoshops.ng absolute discretion settle bets/wagers at the correct odds, void the free bets/wagers or void any bet/wager funded partly or in full by the deposit bonus. In addition, Betanoshops.ng reserves the right to levy an administration charge on the customer up to the value of the deposit bonus, free bet/wager, or additional payment to cover administrative costs.
2.7. The Company shall not accept a wager from a Client unless an Account has been established in the name of the Client and there are adequate funds in the Account to cover the amount of the wager; or funds necessary to cover the amount of the wager are provided in an approved way.
2.8. All winnings will be credited to the Client’s Account. Withdrawals from the Account to the extent of the original deposit amount, are made using the same payment method as was used for the original deposit. For instance, if a deposit was made with a credit card, at least an amount from the winnings corresponding to the original deposit amount will be withdrawn to the same credit card whereas the amount of the remaining winnings may be withdrawn by using any other payment method (subject to the company’s sole discretion). Withdrawals will only be made to a credit card, a bank account, or an e-wallet account held in the Client’s own name. Nevertheless, The Company reserves the right to use an alternative payment method for withdrawal at its sole discretion.
2.9. When a client wishes to withdraw funds he had deposited on his account but has not wagered them in any game or sports betting offer, at least one time for the amount of the initial deposit, the Company reserves the right to refuse to transfer the funds completely. To prevent fraud and/or money laundering The Company can also refuse to transfer to another bank account than the one the funds originated from.
2.10. Maximum winnings
2.10.1. The maximum winnings on a sports bet slip is ₦40,000,000
2.10.2. For players in Lagos State, the maximum winning per betslip is ₦10,000,000
2.10.3. The maximum winning per betslip rule is applicable everywhere irrespective of what appears on a ticket.
2.11. The Company reserves the right to charge for withdrawals for administrative costs plus any commission due to third parties, as indicated on the Website, or exceptionally to clients who may not use their funds for wagering.
2.12. Clients acting on behalf of third parties or aiming for professional wagering, price arbitrage, or with the sole purpose of trading affiliate commission may have their withdrawals partially or totally declined, especially if their wagering pattern has the aim to harm financially the company.
2.13. The minimum balance on an account is ₦0.00.
3. Sports Rules3.1. General Betting Rules
The outcome of a market is settled once this is determined. If a market is not determined during the game, the company settles the result of the game once the normal duration (regular time) of the match is concluded, unless stated otherwise in the market description on the website.
Example 1: Match winner 1X2 market of an event is determined after the end of the normal duration (regular time) of the event. Football (Soccer) 1Χ2 Match Winner is determined after the 90 min, including any extra minutes called by the referee of the match as “normal duration”.
In case an event is driven to Overtime (when regular time does not decide the winner) all the markets clearly state that is subject to “include overtime” are paid after the completion of the Overtime. Any penalty kicks (or other decider) that may follow, are not taken into consideration unless clearly stated in the market.
Events not started on time for any reason or even postponed may be kept open and all bets remain valid if those kick off (start) within the next 48 hours from the official start time. In any other case, the company reserves, at its own discretion, the right to void all bets of such postponed events and refund the stakes to the customers.
Events abandoned after their starting time and get continued from the organizer within 48 hours from the official start time, the company reserves the right to keep all bets valid and settle according to this result.
Events abandoned after its starting time and not get continued by the organizer within 48 hours, the company will settle all determined markets decided in the pitch and void the rest by refunding stakes to customers. However in cases like that, the company reserves, at its own discretion, the right to void all bets of such abandoned events and refund the stakes to the customers.
On the above general rule, there are exceptions:
Tennis games will be kept open with all bets valid until the officials or organizing body declares a winner. In such a case, the 48 hours rule is not valid. However and in case of a player's retirement, all markets determined in the pitch are settled accordingly and all the rest are declared void and null. For avoidance of doubt if a tennis player retires before the last point is concluded, the match-winner market is void, but all markets related to specific sets or games that are determined, are settled accordingly.
Baseball games when two teams are playing 2 games in a row are considered as Game 1 and Game 2 and will be settled as chronologically played with all bets valid. For avoidance of doubt, if Team A plays vs Team B twice, the result of Game 1 will count for bets offered on Game 1 as originally scheduled and the result of Game 2 will count for bets offered on Game 2, as originally scheduled. The 48 hours rule is valid.
(e.g. if a football match is abandoned in the second half, the markets of the first half will be settled normally).
(e.g. in the example above, the markets of the second half have not decided will be void and stakes will be refunded to customers)3.2. The company reserves the right not to accept all or part of a bet without providing a reason to the customer. If a bet is not accepted, the customer's stakes are refunded.
3.3. Before an event starts, the company reserves, at its own discretion, the right to void or cancel part or whole of a bet even after its acceptance without providing any reason to the customer.
3.4. After the event start, the company reserves, at its own discretion, the right to void or cancel part or whole of a bet, even after its acceptance if there is a valid reason for this, such as:
mistake in the wording (palpable error) of the event or the odds, or starting time.
the customer attempts to bypass company limits (potential payout) and risk management by placing multiple identical or similar bets or opening multiple accounts
the customer is getting advantage of any public announcement or secret information he has access to that determines the outcome of the bet
the customer combined related bets
the customer is actively participating in the event, such as Players, Referees, and Managers, or has a direct or indirect relationship with events participants
the company suffers a technical error offering wrong odds or events
any other valid reason duly communicated to the customer upon request
3.6. Our company reserves the right to cancel all bets if there are radical changes in the circumstances of an event such as the length of playing time, the distance of a race, or the number of periods, etc.
3.7. Explanation of specific Betting Types:
Scorers: First, Last, Anytime Scorer
Bets apply to regular time only. Own goals (based on official authority) are omitted or count as “no Scorer” if the game has only “own goals”.
Betting First Goalscorer will be considered lost if a player never plays or comes to the pitch after the first goal of the game has been scored, except in the case of an own goal, which is ignored.
Bets on Last Goalscorer will be considered lost if a player never plays. “Player to score” applies to any player, whatever the time he entered the game.
Bets on Anytime Goalscorer, apply to any player involved in the game, regardless of the time they enter the game. Bets on Anytime goalscorer will be considered lost if a player never plays.
In case a match is abandoned but there has been at least one Scorer, bets on the First Goalscorer apply, and bets on the Last Goalscorer are void. “Anytime Goalscorer” market for this player is settled as a winner and bets on other players are void.
Head 2 Head Bets
Predict which of the participants will occupy the highest position or will have better results or more points. For these bets to stand both participants must actively participate in the event. In case the two participants achieve the exact same winning result and therefore achieve a tie, all bets are void.
Predict which of the participants (3 or more) will occupy the highest position or will have better results or more points. For these bets to stand all participants must actively participate in the event.
If one or more participants will not participate in the event, the odds of the other participants are recalculated and settled with a reduction in the odds, by applying the probability of the missing participants to the rest participants and also applying the same margin.
If two or more participants achieve the exact same winning result and therefore achieve a tie, the applicable odds will be equal to the accepted odds divided by the number of the tied participants (eg with initial odds 2.70 and three tie participants the final odds will be: 2.70 ÷ 3 = 0.90), unless the official governing body chooses only one winner with an additional statistic criterion (e.g. assists).
A yellow card counts as one card. A red card counts as two cards. If a player gets one yellow plus a second yellow driving to a red card, this counts overall as three cards. As a result, a player cannot receive more than three cards. The settlement will be based on all available card data that appear during the normal playing time of an event. Cards shown after the final whistle will not be taken into consideration. Cards in non-playing players (players that have already been replaced, coaches, players on the bench who have not taken part in the game) are not taken under consideration.
"Player cards at least" market stands only for players of the starting lineup. If the listed player is not in the starting lineup of the match, the bets are settled as void.
Booking markets with points
A yellow card counts for 10 points and the red and the second yellow-red for 25. The second yellow for a player that leads to a red card is not counted. As a result, a player cannot receive more than 35 points. The settlement will be based on all available card data that appear during the normal playing time of an event. Cards shown after the final whistle are not taken into consideration. Cards in non-playing players (players that have already been replaced, coaches, players on the bench who have not taken part in the game) are not taken under consideration.
A corner gets counted for the relevant market settlement only in the case it has been executed. Corners won by the teams but not executed do not count for market settlement.
The First Interval is considered the time period from 00:01 until the completion of the minute indicated as the end minute. For the avoidance of doubt, the interval of 1-15 min is considered the period from 00:01 to 15:00
The Last Interval of a time period is considered from the minute indicated until the end of the period as decided by the referee. For the avoidance of doubt, the interval of 30-45 min is considered the period from 30:01 until the end of the First Half. The interval of 75-90 min is considered the period from 75:01 until Full Time.
Any decision taken by the Video Assistant Referee (VAR) which conflicts with the original decision sanctioned by the officials on the pitch (including non-decisions like allowing play to continue before reviewing the video), thus altering the understood state of the match at the time of bet placement, will result in all bets placed in the timeframe between the actual occurrence of the original incident and the referee's final decision on the incident being deemed as void, unless the odds offered on the specific bet offer are unaffected by the use of VAR or have already been accounted for in the odds offered at the time of bet acceptance. Settlement on all other unrelated bet-offers, including those determined by any play between the time of the original incident and the decision following the VAR review, which are not influenced/altered by the VAR decision will stand.
For resulting purposes, VAR reviews are to be considered as having happened at the time of the original incident for which the VAR would be eventually used even if play has not been immediately interrupted. The company reserves the right to reverse any previously settled offers where the settlement becomes inaccurate following the final referee decision, providing said decision is taken and communicated before the conclusion of the match and/or timeframe listed.