What Is A Minimum Bet Limit
MINIMUM BET LIMITS
GRNSW Minimum Bet Limit Policy – commencing 1st July 2020
For the full Sportsbook Rules and Wagering Limits please visit the www.Betonline.ag website. General BetOnline Rules. Only one account allowed per person, family, household and IP address. Minimum wager $25 via call center and $1 online. Non-Sport, Poker, PR & Novelty Bets. The limit of $20,000 will apply for any offer related to this category. This will also include Sports-related offers such as Player-Transfers, Draft Specials, Trade Deadline Specials, Next Manager/Coach etc.
Online Wagering Service Providers (WSP’s) whom meet the turnover threshold requirements will be required to adhere to the Minimum Bet Limits as stipulated here:
Click here for : GRNSW MBL conditions
These requirements have been introduced after a consultation period where various stakeholders were engaged to provide feedback about the content and implementation of Minimum Bet Limits.
Obligations for WSP’s to adhere to the GRNSW MBL’s are dependent on whether they meet the threshold criteria as stipulated in the GRNSW MBL Conditions. Clause 8.8 (d)(i) stipulates that for a WSP to qualify for MBL’s it must have reached or exceeded the $10 million threshold based on NSW Greyhound turnover during a determined approval period. If the WSP did not meet the specified criteria, then it is not obliged to bet to the Minimum Bet Limit conditions.
GRNSW Minimum Bet Limit Conditions
More detailed information on GRNSW Minimum Limits can be found here:
Click here for: 2020-21 Race Fields Information Use Approval for Australian Wagering Operators Standard Conditions
Summary of GRNSW Minimum Bet Limit Policy
GRNSW Minimum Bet Limits come into effect 1st July 2020. From this date, WSP’s whom are approved and meet the requirements as outlined by GRNSW are required to:
Accept a fixed odds bet at odds that are publicly displayed by the approval holder for any NSW Greyhound race up to the maximum amounts specified below:
Note: When the person claims the Approval Holder for a win and place bet which is greater than the limits prescribed above, the Approval Holder must bet the person the proportional equivalent of an each-way wager.
The list below outlines the WSP’s whom currently qualify for MBL’s and those WSP’s whom are currently exempt:
GRNSW Minimum Bet Limit Complaints form
GRNSW intends to build an online complaints form soon, but for now if you are required to file a complaint against a wagering service provider, please fill out the following:
Poker Minimum Bet
Click here for : GRNSW MBL Complaint Form
Once you have completed the Complaints form, submit it to mbl@grnsw.com.au
or you can post it to:
GRNSW WAGERING DEPARTMENT
MBL Complaint
PO Box 698
What Is A Minimum Bet Limits
Darlinghurst NSW 1300