“£500 Money Back Guarantee” – Welcome Offer Terms and Conditions
This Money Back Guarantee Welcome Offer (the “Promotion”) is offered to you by BetIndex Limited (“BetIndex”, “we” or “us”). By participating in the Promotion, participants agree to be bound by these terms and conditions, which apply in conjunction with the Football Index Terms of Use and Game Rules.
1. The Promotion operates as a refund of losses up to £500 made by a new user within the first 7 days of their first deposit into their Football Index account.
2. The Promotion runs from 01/03/20, 00:00:00 (GMT) until 31/03/20, 23:59:59 (GMT) (the “Promotional Period”)..
3. The Promotion is only valid to: (a) new customers; (b) UK residents; and (c) customers aged 18 years or over.
4. To qualify for the Promotion, you must register a new Football Index account and deposit a minimum of £10 using a valid debit/credit card, which must be used to buy Shares in Footballers on the platform. If you have made an overall loss within 7 days of your first deposit, Instant Sell all your Shares and contact [email protected] to request a refund. We will then refund any losses up to a maximum of £500 within 48 hours of your email request.
5. The maximum refund available per qualifying participant is £500.
6. The Promotion can only be redeemed once per account holder/user.
7. Should you request a withdrawal of funds from your account during the first 7 days after your first deposit, you will no longer be eligible for the Promotion.
Examples:
- If you deposit a total of £300 during the Money Back Guarantee Period; and your Account balance after Instant Selling all your Shares is equal to £280 at the end of 7 days, we’ll top up your account with £20 to take your balance back to your total deposit amount of £300.
- If you deposit a total of £2,000 during the Money Back Guarantee Period; and your Account balance after Instant Selling all your Shares is equal to £1,900 at the end of 7 days, we’ll top up your account with £100 to take your balance back to your total deposit amount of £2,000.
- If you deposit a total of £500 during the Money Back Guarantee Period; and your Account balance after Instant Selling all your Shares is equal to £510 at the end of 7 days you will not be entitled to a refund.
NOTE: For the avoidance of doubt, we will refund any losses up to £500.
8. If at any point your account becomes closed, excluded or suspended, you will no longer be eligible for the Promotion.
9. In the event of any dispute regarding these promotion terms and conditions; the administration, conduct or results of the Promotion; and/or any other matters relating to the Promotion, the decision of BetIndex shall be final and no correspondence or discussion shall be entered into. Failure to comply with these promotion terms and conditions may result in your disqualification from the Promotion.
10. Duplicate accounts will not qualify for this Promotion. BetIndex may determine at its sole discretion whether it believes different entries or accounts are connected to the same person, using whatever methods it deems appropriate.
11. All withdrawals are subject to audit by BetIndex. We reserve the right to reclaim any bonus and/or cash reward and/or any winnings, and/or close an account, in a situation of obvious abuse or fraud.
12. The Promotion is limited to one entry per person, family, household, email address, IP, telephone number, same payment account number (e.g. debit or credit card), and shared computer (e.g. public library or workplace).
13. Participants, whether individually or acting in a group, will be found to be in breach of these terms and conditions if BetIndex at its sole discretion has reason to believe that the Promotion has been abused, manipulated, or that irregular, fraudulent, collusive or illegal activity has occurred.
14. In the event of any breach of these terms and conditions or a participant being ineligible to participate in the Promotion, BetIndex reserves the right to take such action as it deems appropriate and in its absolute discretion, including but not limited to account closures; disqualifications from the promotion; reclamation of bonuses, cash rewards, winnings or prizes granted; refusing all future promotions; withholding associated winnings; and/or voiding associated stakes.
15. Events may occur that result in BetIndex extending, refusing, reclaiming, cancelling, terminating, modifying or suspending the Promotion, these terms and conditions and/or the awarding of prize(s), bonuses or cash rewards at any point and for any reason. These may be due to a third party’s illegal activity, technical difficulties and/or any other reasons beyond the control of BetIndex and accordingly the entrant agrees that BetIndex shall have no liability as a result thereof.
16. BetIndex disclaims any liability for inaccurate information or payouts, whether caused by the website, users of the Platform, equipment used in the Promotion, or by human or technical errors related to the Promotion. BetIndex does not accept responsibility for network, computer, hardware or software failure of any kind, which may affect the sending, receipt or processing of your entry or qualification for the Promotion. BetIndex will not be responsible for any postponement or cancellation of the Promotion to the extent such occurs for reasons beyond BetIndex’s reasonable control.
17. BetIndex may at any point before, during or after the Promotion, ask for verification documents such as passport or ID to verify your identity, age and residency. If you are unable to produce such documents you will automatically be excluded from the Promotion and will forfeit any prizes or rewards that have been allocated or awarded to you, without compensation.
18. Employees of BetIndex (or their families or households), or any group company of BetIndex, companies associated with BetIndex and all affiliates of such companies, are not eligible to participate in the Promotion. BetIndex reserves the right to verify the eligibility of all participants.
19. The offer may not be claimed in conjunction with any other promotion(s) currently offered by Football Index
20. The promoter of this Promotion is BetIndex Limited, registered in Jersey under the number 119040 and having its registered office at Maxwell Chambers, La Colomberie, St Helier, Jersey, JE2 4QB.
21. The Football Index Terms of Use and Game Rules apply. In the event of any conflict or inconsistency between these promotion terms and conditions and the Terms of Use and/or Game Rules, they shall prevail in the following order: (a) Terms of Use, (b) Game Rules, (c) these promotion terms and conditions.
22. General Football Index Terms and Conditions and Game Rules apply.
John
Guest userDo you make any money from these? The odds matches always seem terrible?
Matt
254It varies from day to day John. There are more opportunities on a weekend or during big festivals than there are midweek. That’s not to say there aren’t any opportunities midweek though, they’re just a bit trickier to find.
sam
Guest userHow do I access reload offers on the forum or is it possible to follow a blog of someone doing the daily offers?
Matt
254You can find the offers available to existing customers on my blog page Sam…
https://matchedbettingblog.com/blog/
Matthew S
Guest userWhat rating would you commonly use as your minimum to place a bet, is it worth doing anything below 95%?
Matt
254Possibly not Matthew. It’s best to look at the ‘Implied Odds‘ column to see if the bet you are placing is going to be profitable long-term.
sleepless
4What is the situation with minimum number of places if bookies don’t specify?
Matt
254It’s a little tricky with those as non-runners could mean the extra place is no longer being paid and therefore no potential profit for the extra place.
There’s a table at the top of my Extra Place Strategy page that shows the standard place terms, which we can use as a guide.
Chria
Guest userAre these in shop and online?
Matt
254These are available online Chria. I’m not sure about extra places in shop.
Joel
Guest userHi Matt,
Is there a limit to the number of horses per race you can back at each bookmaker? If I were to back 3/4 at one bookmaker would they restrict my account?
What is the maximum amount you can back for each horse? Or a better way of asking would be what is the maximum payout per horse that the bookmaker would allow?
Thanks
Matt
254Hi Joel,
There’s no limit on the number of horses you can back in any one race, but backing 3-4 horses with the same bookmaker may act as a red flag eventually.
In terms of maximum stakes, it depends on the bookmaker and any restrictions they may have placed on your account.
I hope that helps.
Dave
Guest userHi, how can you work out your profit if the odds increase? The calculator doesn’t let you change the price but keep the lay amounts
Matt
254Hi Dave. Do you mean if you hit Best Odds Guaranteed? If so, you would need to do that manually. You can see your potential profit figures at the bottom of the extra place calculator, so it would just be a case of adjusting the figures on the bookie side (left).
Jeremy
Guest userHi Matt,
Am to assume that the 5th Favourite in odds would be the best horses to back here if only backing the one horse in a race, as it makes logical sense that they would place 5th more times than the other horses, what that % is l don’t know but l would imagine it could be as high the times a favourite comes first as that also makes sense, if dutching l guess if you back the top five horses in the race you’re strike rate will be extremely high.
Matt
254I wouldn’t pay too much attention to their pre-race ranking Jeremy, though I understand what you’re saying.
Just focus on keeping your qualifying losses low and you’ll hit the extra places over time.
Jen
Guest userHi, I’m going to try extra places for the first time today. With limited funds to cover as many races as possible are you more likely to win the extra place on 6 places rather than 4 places would you lay 3 or 4 places on the exchange?
Matt
254Hi Jen,
Put simply, you’re looking to lay less places at the exchange than you’re backing at the bookmaker. For example, if the bookmaker is paying 4 places, you’ll want to lay 3 places. In that instance, you should be looking at a big profit if your horse finishes exactly 4th (the extra place).
If a bookmaker is paying 6 places, chances are you’ll be laying 4 places at the exchange, which gives you two places to hit (5th and 6th) instead of just the usual one place.
I hope that helps.
Michael C
Guest userI had a bet on the 4.00 at York today with Unibet and the selection came 5th. However my bet lost because there were non-runners. When the bet was placed it stated 5 places, oddscheckers stated 5 places and your website doesn’t indicate a number of runners restriction. When I contacted Unibet they sent me a link to their terms and conditions which does state that for 5 places to apply there must be 16 runners. These T&Cs are difficult to find on their normal website.
Matt
254Yes they don’t make their runner requirements very clear Michael.
I’ve had a look at their T&C’s though and I’ll start adding those from today.
Michael C
Guest userWhy are the Dundalk races on here? They are all 16+ runner handicaps where the standard terms are 4 places at 1/4 odds.
Matt
254They’re listed as extra place races on the bookmaker sites Michael and we can lay 3 places at the exchanges.
Adrian W
Guest userAny reason you don’t include BetStars, Matt?
Usually same races as others.
Matt
254No, to be honest Adrian. I’ll keep an eye out for them.
TheBigA
7Thanks for putting all this info out there. I’m about 5-6 weeks into my MB adventure and it seems like a good time to give the extra place offers a whirl, in the lead up to Cheltenham!
Matt
254You’re very welcome!
It’s certainly not a bad time to learn the ropes, with plenty of Festivals coming up over the next few months.
If you have any questions, just give me a shout.
TheBigA
7Cheers, I took a look at the 6pm at Chelmsford which Paddy are offering an extra place for, but as you had alluded to perhaps as it’s midweek and not a huge race I’m finding it difficult to find any low QLs (everything was in the region of 20% of total stake which seems way too high?)
Had a question regarding the markets on Betfair but think it’s been answered already – we would always go for the win and “to place” market and ignore the each way one in the middle wouldn’t we?
Cheers, A
Matt
254Yes there are usually more opportunities at a weekend and during the big meetings.
That’s correct. In theory the ‘Each Way’ market is a viable option but the odds are rarely as good as laying the ‘Win’ and ‘Place’ parts separately.
Michael C
Guest userLadbrokes are offering 4 places on quite a few races at Gulfstream today and they look like quite good value.
Matt
254Are you laying those at BETDAQ Michael?