HOW TO PLAY JustBet What is Fixed Odds Betting? Fixed Odds Betting is wagering or betting against on odds of any event or activity, with a fixed outcome. In this instance we speak of betting on the outcome of various sporting activities (e.g. betting on the outcome of a football match: win, lose or draw). What is JustBet? JustBet is a fixed odds betting game that brings the excitement of sports betting to the Jamaican public, allowing fans to bet on the outcome of matches and events in their favourite sports, at various locations across the island. JustBet offers the opportunity bet on the outcome of individual games or matches, and also on the outcome of entire series or tournaments. What makes JustBet so great to play? 1) Thrill and excitement of becoming more involved with sports, while winning money!!! 2) The most sports and sporting events are on offer, to choose from each day 3) It s flexible, you can tailor-make your bet 4) Winnings are pre-defined - You can calculate your winnings as soon as your bet is placed 5) You can play almost up to until the start of the game/event 6) Players winnings are not affected by the number of players/winners How Much to Play JustBet? 1) Minimum Bet Amount $50 2) Maximum Bet Amount (on one ticket) $50,000 3) Maximum Winning Amount (on one ticket) $5,000,000 1
What sports can be bet on with JustBet? Football (soccer) o All the major football leagues (English, Spanish, Italian, German, UEFA Champions League, FA Cup, etc.) and Tournaments (FIFA World Cup, Confederations Cup, etc.) Basketball o NBA, European League, International Competitions Cricket o All Test, One-Day International and Twenty/20 matches and series Track and Field o IAAF Meets and competitions, World Championships, Olympics Golf o All major tournaments Tennis o All grand slam tournament Auto-Racing o Formula One racing Boxing o Major bouts in major weight classes American Football o NFL How do you place a bet with JustBet? Choose the matches/events you want to bet on from the sports programme, paying attention to the minimum number of matches* you are able to select Write your predictions on the bet slip provided at the agent location Select the amount that you would like to bet and write it on the bet slip Submit the bet slip to the Agent Collect the ticket/receipt the Agent has printed from the MICROLOT terminal If it is a winning ticket, winnings may be collected at any Just Bet terminal. Tickets may only be cancelled up to 5 minutes after the time of sale (but not after the game has started), and only at the same shop terminal it was purchased. In order to collect winnings a player must present the original valid ticket to an agent. Winnings may be redeemed at the Agent locations or a Supreme Ventures Regional Centre, depending on the amount. For winnings totalling $50,000 or under, the Agent must pay. Winnings over $50,000 must be collected from a Supreme Ventures Regional Claim Centre. Maximum winnings from any one ticket is $5,000,000. 2
Types of Bets with JustBet Bet types include: o 1 home team to win o X draw between both teams o 2 visitor team to win o Over/Under the total number of goals scored in a football match will be over or under 2.5 goals. (2.5 is standard for football) o Over/Under the total number of points scored in a basketball match will be over or under the amount printed in the programme, while taking into account the handicap amount given to the weaker team. Handicaps are extra points given to the weaker of both teams. e.g. Points scored in match between Bulls and Spurs will be under/over 198 points with a handicap to the Bulls of 2.5, this means 198 + 2.5= 200.5 (over or under) o Double Chance option includes 2 outcomes in one prediction (e.g. Selecting the option 1 & 2 as opposed to selecting option 1 or option 2) o Double Selection option includes 2 outcomes on one ticket (e.g. Selecting the options 1 and 2 for 2 separate chances to win) o Systems Bet (Permutations) creating combinations from your selected match predictions (group match predictions into smaller combinations) *NOTE: In all Bet types, the minimum sign must be taken into account, determining the minimum number of matches to be selected to form one column The minimum sign applies to: a. Minimum number of matches selected e.g. If the Minimum sign is 3, then player must select a minimum of 3 matches to a maximum of up to 30 matches b. Minimum number of Systems selected Player cannot choose Systems below the minimum sign (e.g. Player selects 10 matches and minimum sign is 3, player can select Systems 10 to Systems 3, but not below 3) 3
Main Betting Options with JustBet: 1) Simple Bet forming one column b) Player selects 5 Matches 101 1 (odds: 2.00) 1 Column is created 102 2 (odds: 3.00) All predictions must be correct to Win! 103 X (odds: 2.00) (If one prediction is incorrect, total bet is lost) 104 2 (odds: 3.00) 105 2 (odds: 4.00) Cost of ticket = $10 x 1 column x 5 (multiplier) = $50 In a Simple Bet (single selection) as stated above, if ALL predictions are correct, the calculations would be: = $10 x 1 (column) x 5 (multiplier) x 2.00 x 3.00 x 2.00 x 3.00 x 4.00 = $7,200 If player wants to BET $1,000, then Cost of ticket = $10 x 1 column x 100 (multiplier) = $1,000 If ALL predictions are correct, the calculations would be: = $10 x 1 (column) x 100 (multiplier) x 2.00 x 3.00 x 2.00 x 3.00 x 4.00 = $144,000 The more you bet, the more you win! 2) Double Chance Selecting the Double Chance option instead of selecting option 1, option X or option 2 (e.g. Selecting option 1 or X, 1 or 2 or X or 2). Double Chance is identified by a capital D beside the match selection. This option provides: - A better chance of winning (because of 2 options in one) - No increase in the cost of the ticket - A smaller winning amount (because the Odds for Double Chance is usually less than the Odds for options 1, X or 2 4
a) Player selects 5 Matches 101 1 (odds: 2.00) 1 Column is created 102 1 or 2 D (odds: 1.30) All predictions must be correct to Win! 103 X or 2 D (odds: 1.70) (If one prediction is incorrect, total bet is lost) 104 2 (odds: 3.00) 105 2 (odds: 4.00) Cost of ticket = $10 x 1 column x 5 (multiplier) = $50 In a Simple Bet (single selection) as stated above, if ALL predictions are correct, the calculations would be: = $10 x 1 (column) x 5 (multiplier) x 2.00 x 1.30 x 1.70 x 3.00 x 4.00 = $2,652 Compare Winning amount of Simple Bet example on page 3 of $7,200 as compared to Double chance example above of $2,652 above. This is based on different odds for different predictions, 102 2 (odds: 3.00) as compared to 102 1 or 2 D (odds: 1.30). 3) Double Selection Double Selection means selecting two (2) options on one bet, even though only one of the options may win (e.g. Selecting option 1 and option 2 to win instead of selecting ONLY option 1 to win) This option provides: - A better chance of winning (because one out of the two options may win) - Increases the cost of the ticket because you are now paying for two (2) options on the bet, which means two (2) columns (Remember $10 per column) - Provides a bigger winning amount than the Double Chance feature (because of the original odds for each selection of 1, X or 2) - Although the increase in the cost of the ticket, the winnings is far greater than the winnings from a Double Chance selection a) Player selects 5 Matches 101 1 (odds: 2.00) 102 1 or 2 (odds: 1=2.00; 2=3.00 2 columns will be created because 103 X or 2 (odds: X=2.00; 2=3.00 of the double selection (selecting 104 2 (odds: 3.00) 2 predictions instead of 1 prediction 105 2 (odds: 4.00) for matches 102 and 103). See columns below! 5
Columns: A B 101 1 (odds: 2.00) 1 (odds: 2.00) 2 Columns are created 102 1 (odds: 2.00) 2 (odds: 3.00) Either one of both columns must 103 X (odds: 2.00) 2 (odds: 3.00) be predicted correctly to win 104 2 (odds: 3.00) 2 (odds: 3.00) 105 2 (odds: 4.00) 2 (odds: 4.00) - 2 Columns are created: 1, 1, X, 2, 2 and 1, 2, 2, 2, 2 - ONLY one column can win - Remember, the minimum cost per ticket is $50.00 - Minimum cost of the ticket = $10 x 2 columns x 3 (multiplier) = $60 - The winning column will be: $60 x the odds of the winning column If Column A wins = $10 x 2 (columns) x 3 (multiplier) x odds (2x2x2x3x4) = $5,760 If Column B wins = $10 x 2 (columns) x 3 (multiplier) x odds (2x3x3x3x4) = $12,960 NOTE: At any one time, a person can bet on up to: - 30 matches in football and cricket - 15 matches in basketball - The multiplier (a feature on the Microlot terminal) is used to ensure the minimum bet is $50 and also to arrive at the amount the player wants to bet, whether it is $50, $200 or $10,000. - The multiplier is multiplied by the cost per column ($10) and the number of columns to arrive at the cost of the ticket: E.g. $10 x 1 column x 5 (multiplier) = $50 (minimum bet amount) E.g. $10 x 2 columns x 3 (multiplier) = $60 E.g. $10 x 1 column x 100 (multiplier) = $1,000 E.g. $10 x 5 columns x 1000 (multiplier) = $50,000 6