Please read the following Terms and Conditions of Use (“Terms and Conditions”) carefully.
This Agreement describes the terms and conditions applicable to your use of the www.123bet.com website (the “Website”) and the account wagering services (the “Services”) provided by eBet Technologies Inc., A Division of Sportech Racing and Digital Inc., as the agent for 123gaming Inc., operating under the trade name 123bet.com. Your access to and use of this Website is subject to your acceptance of these Terms and Conditions and to all applicable State and Federal regulations.
In order to better serve you, 123bet.com and its affiliates and/or agents will regularly update and enhance this Website and may from time to time revise the Terms and Conditions. 123bet.com will notify you whenever the Terms and Conditions are changed, and before new rules are applied to your wagering account, including the opportunity for you to close or cash-in your wagering account. You, as a customer account holder, shall be deemed to have accepted the Terms and Conditions of the Services upon establishing and maintaining a balance on your wagering account.
WAGERING ACCOUNT APPLICATION REQUIREMENTS
123bet.com shall have the right at any time and for any reason to refuse to provide the Service, including but not limited to opening a wagering account, accepting any wager, accepting a deposit, or closing a wagering account.
123bet.com wagering accounts will only be established in the name of an individual meeting the criteria set forth below and are non-transferable. 123bet.com will not accept any corporate, partnership, limited liability company, joint, trust, estate, beneficiary or custodial accounts. Any individual prohibited from wagering by the North Dakota Racing Commission shall be prohibited from establishing a wagering account or placing a wager with 123bet.com
To establish and/or maintain a wagering account, the applicant must:
123bet.com also reserves the right to close any wagering account for any reason in its sole discretion. Upon closing a wagering account, all funds will be returned to the customer account holder via check mailed to the registered address on file with 123bet.com.
The address provided by the customer account holder to 123bet.com is deemed to be the proper address for the purposes of mailing checks, statements of account, wagering account withdrawals, notices, or other appropriate correspondence unless written notification is on file with 123bet.com. The wagering account is for the exclusive personal use of the named customer account holder only, and no person shall in any manner place any account wager on behalf of a customer account holder, or otherwise directly or indirectly act as an intermediary, transmitter or agent in the placing of wagers for a customer account holder. No other person may wager or otherwise access the wagering account. The account holder bears full responsibility for maintaining the secrecy of his/her account number, user ID, PIN and password. The customer account holder agrees to notify 123bet.com immediately of any unauthorized use of a password, customer wagering account, or a registration profile.
Only one wagering account per verified person will be allowed.
All customer account holders will adhere to the method or methods of identification that 123bet.com may require in order to access a wagering account.
Each wagering account will have a unique account number, which may be changed at any time by 123bet.com so long as 123bet.com informs the customer account holder in writing of such change.
The wagering account may be accessed by the use of a username or an account number and a password or PIN (depending on the method of access) to be used by the customer account holder to confirm the validity of every wagering account transaction.
The customer account holder will select a username, password and PIN upon opening the account. The account number is assigned by 123bet.com. The username and the password are used to access the 123bet.com service online. The account number and PIN are used to verify the customer account holder’s identity when using the mobile wagering service or discussing the customer account holder’s wagering account with a 123bet.com Customer Care representative.
In the event that the customer account holder is unable to recall a wagering account password, 123bet.com may use other identifying information to verify the identity of the customer account holder. 123bet.com or the customer account holder may change the password at any time without explanation by informing the other party of the change and the effective date of the change.
The customer account holder bears the responsibility for maintaining the secrecy of his or her wagering account number and password. Customer account holders will be responsible for all bets placed through their wagering account by any person providing the correct identifiers and using the wagering account.
Wagering accounts may not be opened or used in any way for purpose of the following:
SOCIAL COMMUNITY FAIR USAGE POLICY
123bet.com is built around an online social community module and each account holder is automatically created with a 'Profile page' in the community, and nicknames are displayed on contest leaderboards along with profile avatars. Other users may view your Profile page and it is possible for account holders to create a 'Friends' network by using the 'Add Friend' function on Profile pages.
123bet and 123racing also publish to Facebook, Twitter and You Tube profiles which are considered an extension of the 123bet social community.
It is possible to upload pictures, videos and avatars, change the nickname associated with your profile, and to post comments in the community. It is also possible to create private groups and to send private messages to other account holders.
Users may adjust their privacy settings under the profile section of the community to amend who can see and interact with their profile and community activity.
The community is available to account holders according to fair usage policy and management may restrict access to the community, or lock accounts, for account holders displaying anti-social behavior including but not limited to negative comments regarding the website or other users, or excessive use of forums or personal messaging.
Foul language, abuse or harassment in the community either on public forums or in private groups or messages are strictly forbidden and management reserve the right to restrict access to the community for account holders displaying such behavior, or to close their account altogether, without warning.
Advertising other websites, goods or services of any kind, or recruiting members for other businesses via public forums or private messages is strictly prohibited and management reserve the right to restrict access to the community for account holders carrying out any such activities, or to close their account altogether without warning.
ACCOUNT PROCEDURES: WAGERING, DEPOSITS, AND WITHDRAWALS
123bet.com allows you to wager with your wagering account online, or over/via your mobile device.
123bet.com has the right at any time and for what it, in its sole discretion, deems good and sufficient reason to refuse to accept all or part of any bet.
All Customer Care conversations will be recorded, subject to regulatory approval, and stored for one (1) year. All betting transactions will be electronically recorded, subject to regulatory approval, and stored for a period of time established by regulation, or a minimum of one (1) year.
123bet.com commingles with host racetracks. In the event that there is a failure to merge pools with another track, the wager will be refunded.
Payment on winning bets will be posted to the credit of the customer account holder as soon as the race is declared official, barring technical difficulties. As a customer account holder, you are responsible for verifying proper credits and of notifying 123bet.com if you do identify a discrepancy between the statement record and your records. To question a statement entry, please contact 123bet.com Customer Care.
Go to Website URL (www.123bet.com) and sign in using your Username and Password. This will bring you to the main wagering screen.
Wagering with the Mobile Wagering Service
To access the mobile wagering application, point the smart phone browser to m.123bet.com and sign in using your PIN and Password.
Cancelling a Wager
Unless restricted by the host track, in MOST cases you can cancel a wager before post by calling 123bet.com Customer Care toll free at 1-877-782-9994. For over the phone, you will need your account number and password, the race #, track and the bet details that you want to cancel. If by phone each wager is reviewed by the CSR to ensure that the player is not trying to manipulate any pools.
If the cancel is online the player will need to be logged into their account and follow these procedures.
To cancel an online wager that meets the above criteria, please follow these steps:
123bet.com offers several methods for funding your wagering account online, in person or by mail. 123bet.com does not charge a fee to process deposit transactions but some third-party banking or payment processing fees may apply, depending on the method of deposit you choose.
The minimum initial deposit required is $10. No minimum balance is required to maintain a wagering account; however 123bet.com reserves the right to close wagering accounts that have been inactive for six (6) or more months.
123bet.com reserves the right to refuse deposits to the establishment or maintenance of wagering accounts for any reason in its sole discretion.
Wagering accounts are non-interest bearing.
Online funding methods available at this time include:
Important Information about Direct ACH: The Automated Clearing House (ACH) process allows electronic transfers of funds over the Internet.
A $1.00 per transaction fee will apply for each transaction in addition to any fees incurred through your banking institution. 123bet.com reserves the right to adjust the fee schedule without prior notice. You are responsible for any fees charged by your bank. Fees charged by your bank will not be displayed prior to confirmation of your ACH request.
ACH transfers can be an amount up to $5,000 at a time.
Customers may transfer $50 to clear into your wagering account immediately by default (the ‘Immediate Clear Amount’). Deposits will be held (in whole) for up to five (5) business days (excluding Saturdays, Sundays and bank holidays).
The Immediate Clear Amount can be increased ON REQUEST at the sole discretion of the Company. Decisions regarding immediate clear limits are made on a case-by-case basis based on transaction history, and confirmation of binding financial responsibility for security of your account, and financial responsibility for all wagers placed thereon.
The minimum ACH deposit to be accepted is $10.
ACH deposit transactions returned for any reason will result in a $15 charge to your wagering account and may result in limits being placed on the amount of future ACH transfers.
Any fees charged by your financial institution for deposits that are returned unpaid are your responsibility and you agree to repay 123bet.com for such fee or charge upon demand.
123bet.com reserves the right to recover unpaid deposits and fees from your 123bet.com wagering account. 123bet.com may pursue all relief that may be available to it at law or in equity, and you agree to pay reasonable attorneys’ fees incurred by 123bet.com.
123bet.com reserves the right to lock your wagering account until your unpaid fees and charges are paid to 123bet.com.
You represent that the financial institution account you are using for ACH transfers is held in your name and that the funds being deposited are your own.
You take full responsibility for all ACH transfers made to your 123bet.com wagering account in accordance with your instructions.
Important Information about online credit card deposits: Credit card deposits can be made securely online.
Funds will be made available as soon as authorization of the transaction clears.
Customers regularly experience transactions from card issuing banks for deposits to US licensed wagering websites. This is an industry-wide issue. If you experience difficulty depositing by credit card, please call Customer Care and a representative will be pleased to assist you.
Important information about Wells Fargo deposits:
You can fund your account with cash at any Wells Fargo branch, even if you are not a customer with them.
Customers must deposit funds in person into their own personal wagering account under their own name only.
Funds are made available immediately by way of a confirmation code and calling Customer Service: 1.877.782.9994
No Fees are charged.
Please call customer service for more information.
Important Information about PayNearMe deposits:
There will be a processing fee charged by PayNearMe of $4.99 which will be deducted at the time of payment. The clerk will give you the barcode back for future use and a receipt. The funds are available immediately.
Important Information about ACH:
The same terms and conditions as ‘Direct ACH’ deposits above apply with the exception of the following:
The default immediate clear limit is set to zero. The whole deposit will take 3 – 5 banking days to clear and be credited to customer accounts.
Deposit by Mail
The following types of deposits will be accepted through the mail for deposit into a wagering account:
Only checks and money orders should be sent by mail - DO NOT SEND CASH!
Please make checks and money orders payable to: “123bet.com". Always enter your wagering account number on the Memo section of the check to ensure accurate posting to your wagering account.
All deposits must be accompanied by a completed deposit slip, which can be downloaded by clicking here. Please mail checks or money orders with completed deposit slip, to:
123bet.com Customer Care
6130 NE 78th Court
Portland, OR 97218
Personal Checks are subject to a five (5) business-day hold period from the time the check is received in Customer Care and posted to the customer account holder’s wagering account.
Money orders and cashier checks drawn on a U.S. bank are posted to the wagering account upon receipt.
The following types of checks will NOT be accepted for deposit into a wagering account:
Deposit by Wire Transfer
If you wish to wire funds directly into your wagering account, please contact 123bet.com Customer Care for instructions.
123bet.com does not charge for incoming wire deposit. 123bet.com reserves the right to adjust the fee schedule without notice. You are responsible for any fees charged by your bank for the wire transfer.
General Information Regarding Deposits
In the event of any dishonored financial instrument, 123bet.com may initiate collection procedures, including, but not limited to, employing collection agencies and credit reporting agencies in an effort to collect any fees, charges or expenses incurred due to dishonored financial instruments from the responsible wagering account holder.
123bet.com reserves the right to amend this policy or enforce additional deposit rules and regulations at any time and at its sole discretion.
Withdrawal by ACH
To withdraw funds online directly to your checking account, please select withdrawal via Wells Fargo Direct Bank Transfer (ACH)
Funds may take 3 – 5 banking days to clear in customer bank accounts.
Withdrawal by Mail
To withdraw funds with a mailed request, please complete a withdrawal slip, which can be download here (withdrawal slip), and mail it to:
123bet.com Customer Care
6130 NE 78th Court
Portland, OR 97218
Be sure to sign the withdrawal slip, as the withdrawal request cannot be processed without the customer account holder’s signature.
Withdrawal by Fax
To withdraw funds with a faxed request, please complete a withdrawal slip, which can be printed here and fax to: 503-253-0140.
Be sure to sign the withdrawal slip, as the withdrawal request cannot be processed without the account holder’s signature.
Withdrawal by Email
Be sure to sign the withdrawal slip, as the withdrawal request cannot be processed without the account holder’s signature.
To request a withdrawal online you must be logged into your account to process.
Receipt of Withdrawal Checks
If your wagering account balance is sufficient to cover the requested withdrawal amount, checks will be mailed via First Class Mail to the customer account holder’s address on record with 123bet.com. If your wagering account balance is insufficient to cover the requested withdrawal amount, the withdrawal will not be processed.
Withdrawal checks will be mailed via First Class Mail to the customer account holder’s address on record with 123bet.com.
Password or Pin Changes
Patrons may request to change their account wagering passwords or PIN only by calling 123bet.com Customer Care toll free at 1-877-782-9994. Customer account holders will be asked for pertinent account information to verify their identity.
CLOSING AN ACCOUNT
123bet.com Customer Care
6130 NE 78th Court
Portland, OR 97218
Any funds in the wagering account excluding any free credits will be mailed in the form of a check to the customer account holder upon receipt of the written request. 123bet.com reserves the right to suspend or close any wagering account at any time provided that, when the wagering account is closed, the funds on deposit are returned to the customer account holder, less applicable service charges.
123bet.com reserves the right to suspend wagering accounts that have remained inactive for a period of thirty days or longer and cancel any free credits or bonuses in the account. Prior to closing, notification will be sent informing the customer account holder that the wagering account is scheduled to be closed.
Upon closing of a wagering account, service charges will apply not to exceed one dollar ($1.00) per month for wagering accounts with balances of six dollars ($6.00) or less. Amounts on deposit exceeding six dollars ($6.00) will be returned in full to the customer account holder via check excluding any free credits made to the account.
In the event that a customer account holder is deceased, funds in the customer account holder’s account shall be released to the decedent’s legal representative upon receipt of a copy of a valid death certificate and other documents as required.
Ownership of a 123bet.com wagering account may not be transferred from one individual to another.
By federal law, any wager which results in proceeds of $600.00 or more must be reported to the Internal Revenue Service (IRS), if the amount of such proceeds is at least 300 times as large as the amount wagered. Any wager, which results in proceeds or more than $5,000.00, is subject to reporting and withholding, if the amount of such proceeds is at least 300 times as large as the amount wagered. If you are subject to IRS reporting and/or withholding requirements, 123bet.com will send you Form W2-G summarizing information for tax purposes following the winning wager, less any applicable withholding, being deposited into your wagering account.
Per regulations, 123bet.com will provide annual summarized tax information on your wagering activities.
Federal and State withholding percentages will automatically be deducted from your wagering account.
STATEMENTS AND ACCOUNT HISTORY
Customer account holders can also view wagering account history – including transaction, wagering, balance, and end-of-year statements – online at a time by going to www.123bet.com and clicking on My Account.
To request any additional written statements, please contact 123bet.com Customer Care.
LIVE VIDEO AND RACE REPLAYS
Live video and race replays are available on the Website and m.123bet.com mobile wagering service and can be viewed by customer account holders in good standing only. There are no fees or wagering minimums required to view race video and replays, however 123bet.com reserves the right to adjust the fee schedule without notice.
ACCOUNT SAFETY, SECURITY AND PLAYER RESPONSIBILITIES
Wagering accounts are for the personal use of the customer account holder only. The customer account holder is responsible for maintaining the secrecy of the account number, username, PIN and password and all other wagering account credentials. 123bet.com is not responsible for any loss arising from the use by any other person or persons of a customer account holder's wagering account. The customer account holder must immediately notify 123bet.com of a breach or suspected breach of the wagering account's security.
To minimize security problems as a customer account holder, please follow these guidelines:
a. Third-Party Content
Various types of information available on the Website have been provided by third-party information suppliers that are not affiliated with and are independent of 123bet.com. This information may include the views, opinions, and recommendations of such third parties. 123bet.com neither endorses such views or opinions, nor is responsible for the availability, accuracy, currency or reliability of such information, including, but not limited to, wagering and race information, and the inclusion of such views or opinions is not intended to provide advice or constitute a solicitation. At no time shall anything contained on the Website be deemed an endorsement or recommendation of any third party or shall constitute any representation as to a third party's qualifications, services, products, offerings, information or any other content. You acknowledge that under no circumstances will 123bet.com be liable for any loss or damage caused by your reliance on such third-party information.
The Website directly or indirectly provides content, hyperlinks and references to external third-party websites. The materials that can be accessed from such websites are not maintained by 123bet.com, and 123bet.com is not responsible for the content thereof. 123bet.com neither endorses nor is responsible for the availability, accuracy, currency or reliability of any information, statement, opinion or advice contained in such third-party websites or materials. You acknowledge that under no circumstances will 123bet.com be liable for any loss or damage caused by your reliance on or accessing of information through a third-party website. At no time shall anything contained on the Website be deemed an endorsement or recommendation of any third party or to constitute any representation as to a third party's qualifications, services, products, offerings, information or any other content.
USE OF EQUIBASE DATA AND PRODUCTS
The data used to create the Equibase Products and the TrackMaster® Products are proprietary to and are copyrighted by Equibase Company LLC and Axcis Information Network, Inc. respectively. Unauthorized copying of such data, including modifications thereof, or the creation of programs or products in which such data have been merged or included with other data programs or products, for distribution to third parties, whether gratuitously or for sale, is expressly forbidden. You may be held legally responsible for any proprietary or copyright infringement that is caused or encouraged by your failure to comply with these Terms and Conditions of Use.
You may NOT transfer the Equibase or TrackMaster® Products from one computer to another. You may not distribute copies of the Equibase or TrackMaster® Products to third parties. You may not create derivative works based upon the Equibase or TrackMaster® Products.
The Equibase and TrackMaster® Products are for your use only and may not be transferred to anyone else. In no event, may you transfer, assign, rent, lease, sell, or otherwise dispose of the Equibase or TrackMaster® Products on a permanent or temporary basis except as expressly provided for herein. If you breach any of these Terms and Conditions of Use, Equibase and/or 123bet.com, in addition to pursuing any other legal remedies available to them, may immediately terminate your right to access the Equibase and TrackMaster® Products. Your purchase of the Equibase and TrackMaster® Products indicates your acceptance of these Terms and Conditions of Use.
123bet.com and all wagers placed through 123bet.com are governed by the laws of the State of North Dakota. All wagers placed through 123bet.com shall be considered to have been made in the State of North Dakota. Disputes by Minnesota residents shall be settled pursuant to Minnesota law in Minnesota courts.
To ensure quality customer service, 123bet.com will promptly address disputes upon receipt. For immediate response to any discrepancies, please contact 123bet.com Customer Care during business hours at toll free at 1-877-782-9994.
The protection of your privacy is important to us at 123bet.com. We pledge to fully meet internationally-recognized standards of personal data privacy protection and to comply with all applicable U.S. law and regulation, including, without limitation, the Electronic Communications Privacy Protection Act, 18 U.S.C. §§ 2510 et. seq., 2710 et. seq., the Childrens' Online Privacy Protection Act, 15 U.S.C. § 6501 et. seq., and the California Online Privacy Protection Act, Cal. Bus. & Prof. Code §§ 22575 et. seq.
123bet.com will collect, retain and use information about you to protect and administer your wagering account and funds and to comply with applicable state and federal laws and regulations. 123bet.com does not collect personally identifiable or confidential information about individuals or companies through the use of "cookies", "spiders", "web beacons" or other data-mining devices except when such individuals specifically provide information on a voluntary basis, for example, in the 123bet.com wagering account-opening registration process. Personally identifiable information on individual users will not be sold or otherwise transferred to unaffiliated third parties without the approval of the customer account holder. The information you give 123bet.com will be used for the purpose stated when collected, such as to process wagers and to communicate with the customer account holder regarding processing of wagers.
If at any point you have submitted account registration information that you would like corrected, please contact 123bet.com Customer Care and 123bet.com will make commercially reasonable efforts to accommodate your request within forty-eight (48) hours.
As 123bet.com expands the range of options and services available, the collection and use of personal data will also change to serve you better. 123bet.com therefore reserves the right to modify this Privacy Statement at any time and will post notice of such changes to the Website. If you have any questions or concerns about privacy and security at 123bet.com, please contact Customer Care.
123bet.com reserves the right to comply with the lawful order or request of any governmental or judicial body or agency of competent jurisdiction pursuant to applicable law or regulation.
DISCLAIMER AND LIMITATION OF LIABILITY
Every effort will be made to provide correct information, but occasionally errors may occur. 123bet.com and its personnel, customer care operators, managers, etc., are not responsible if information, disseminated, either verbally or written, is inaccurate. 123bet.com disclaims responsibility for consequences that may result, if any, for such errors.
The Website is provided for your use on an “as is” basis. 123bet.com and its partners, affiliates, merchants, advertisers, and information providers make no representations or warranties of any kind, express or implied, as to the operation of the Website or as to the information, content, materials, or products included on the Website. 123bet.com makes commercially reasonable efforts to maintain the Website but is not responsible for the results of any defects that exist in the Website, any outages, interruptions, viruses or other harmful components. You should not assume that the Website or its content is error-free or that it will be suitable for the particular purpose that you have in mind when using it. 123bet.com and its affiliates, merchants, advertisers, and information providers have no liability in tort, contract, or otherwise (and as permitted by law, product liability), to you and/or any third party. TO THE FULLEST EXTENT PERMISSIBLE BY APPLICABLE LAW, 123bet.com DISCLAIMS ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. 123bet.com WILL NOT BE LIABLE FOR ANY DAMAGES OF ANY KIND, INCLUDING, BUT NOT LIMITED TO DIRECT, INDIRECT, INCIDENTAL, EXEMPLARY, PUNITIVE, AND CONSEQUENTIAL DAMAGES, OR LOSS OF REVENUE OR PROFITS, WHETHERFORESEEABLE OR NOT, ANY FAILURE BY 123bet.com TO PROVIDE ACCESS TO OR USE OF THE WEBSITE, OR ANY OTHER CAUSE WHATSOEVER. 123bet.com may, in its sole discretion and at any time, modify or discontinue the Website or any part thereof; limit, terminate or suspend a user’s use of or access to the Website and/or make changes to these Terms and Conditions.
In the event the foregoing disclaimer and limitation of liability is held to be unenforceable for any reason including by operation of law, 123bet.com maximum liability for any of the foregoing types of damages shall be limited to the transaction fee for the transaction that gave rise to the claim or limited to the fullest extent allowable under North Dakota law.
Customer account holders agree to defend, indemnify and hold harmless 123bet.com, its officers, directors, employees, affiliates, representatives, third-party contractors, and agents against and from any third-party claims, actions, damages or demands, including but not limited to, reasonable legal and accounting fees, resulting from your use or misuse of the Website, violation of these Terms and Conditions, or any activities related to the Website, or from your violations of the rights of any other user of this Website. Use of the Website is at your own risk. This indemnification shall survive the termination of your 123bet.com account.
123bet.com reserves the right to revise these Terms and Conditions, or any part thereof, as deemed necessary. Use of the service constitutes your acceptance of the revised Terms and Conditions.
123bet.com encourages responsibility is gaming behavior. If you or anyone you know have a gambling problem, or suspect they may have a problem please contact the National Council of Problem Gambling toll free at 1-800-522-4700.
$20 RISK FREE BET
$20 Risk free bet available to new customers placing their first bet only
$20 given by 14:00 the day after settlement of any losing qualifying bet.
A "qualifying bet" is a bet placed on any pari mutuel betting market on 123bet.com. This includes, but is not limited to, Win, Place, Show, Quinella, Exacta, Omni, Trifecta.
A "qualifying bet" is the first bet placed on 123bet.com by each customer.
The sum given as the free bet will be equal to the value of the first bet placed up to the value of $20. For example, if a customer places 2 x $10 bets on the same race, but in different pools as their first bets, the free wager will be given against the first wager, should it lose, and would be for $10.
If a player wagered $15, they would get a risk free bet of $15, and so on.
The $20 free bet is non withdrawable, and must be wagered once before funds are released to withdraw.
GENERAL CONTACT INFORMATION
123bet.com Customer Care
6130 NE 78th Court
Portland, OR 97218
Email: [email protected]
Customer Care Toll Free Number: 1-877-782-9994
Customer Care Fax Toll Free Number: 503-253-0140