Terms and Conditions

These terms and conditions govern all transactions placed on the www.123sport.com website. www.123sport.com is wholly owned and operated by Racingworld Technology Limited UK incorporating www.123racing.co.uk, www.123racing.com and www.123soccer.com.

Racingworld Technology Limited is a private limited liability company registered in England and Wales, number 05906850. Our registered and trading offices are at: 2 The Green, Hersham, Walton on Thames, Surrey, KT12 4HW, United Kingdom.

Racingworld Technology Limited holds a UK bookmaker's permit and is fully sub-licensed under an agreement with Horserace Totalisator Board (the Tote) to operate www.123sport.com as an internet pools betting site from the UK.

Racingworld Technology Limited UK cannot accept any responsibility for any damage, loss, injury or disappointment suffered by any entrant entering the Contest or as a result of accepting any prize. Racingworld Technology Limited UK is not responsible for any problems or technical malfunction of any telephone network or lines, computer on-line systems, servers, or providers, computer equipment, software failure of any email or entry to be received on account of technical problems or traffic congestion on the Internet, telephone lines or at any web site, or any combination thereof, including any injury or damage to entrants or any other persons computer or mobile telephone related to or resulting from participation or downloading any materials in the Contest. Nothing shall exclude Racingworld Technology Limited’s liability for death or personal injury as a result of its negligence.

Employees of Racingworld Technology Limited UK or any company involved in the Contest or members of their families or households are not eligible to enter the Contest. Racingworld Technology Limited reserves the right to verify the eligibility of all entrants. Any person found to have violated this section will not be entitled to collect any winnings.

By opening an account you will be deemed to have read and accepted these terms and conditions which constitute a legally binding agreement between Racingworld Technology Limited and you.
Account holders are responsible for all transactions placed on their account where the correct password has been provided. Therefore, it is in the account holder's interest that under no circumstances should any of their account details be divulged to a third party. If an account holder has reason to believe that a third party may be in possession of their password or account details, the account holder is responsible for changing their own password. To do this, Log in, select My Account and Change Password. If you suspect that any unauthorised activity has occurred on your account then please contact the TheTeam@123sport.com.
Racingworld Technology Limited reserves the right to refuse the whole or part of any transaction. The right is also reserved to close an account without explanation, however in such case any transactions already accepted and awaiting fruition will stand, unless made in contravention of our rules or otherwise fraudulently. In the event of an account being closed by Racingworld Technology Limited any account in credit will be refunded by cheque, less any applicable fees. Any Bonus deposit credits will become null & void.
Access to or betting on the 123sport.com website may be illegal for persons in certain countries and Racingworld Technology Limited does not intend that the website is used for betting or any other purposes by such persons. The website does not constitute an offer or invitation by Racingworld Technology Limited for betting in any jurisdiction in which such activities are prohibited.
In particular, you will not bet or attempt to bet via 123sport.com when you are located in the United States of America and/or such other restricted jurisdictions as the Company may from time to time determine. You agree it is your responsibility to verify that you are permitted to bet in any jurisdiction in which you are located. The availability of the Website does not constitute an offer or invitation by Racingworld Technology Limited to enter a paid contest in any jurisdiction in which such use is illegal. You are acting as a principal and not as an agent on behalf of a third party.
When adding a credit card or accepted debit card, you confirm that you are the authorised user of such card, and at no time in the past have you failed to honour a liability on a bet by charging back to your card issuer a payment made by card for betting services.
You are not an undischarged bankrupt or in a voluntary arrangement with your creditors.
It is the responsibility of each account holder to ensure that they comply with any laws applicable to betting in the location from where a bet is placed. Racingworld Technology Limited cannot be held responsible for any action resulting from the use of their website in jurisdictions where betting may be illegal.
It is also the responsibility of the account holder to ensure that the credit card issuer does allow the card to be used for gambling purposes. Racingworld Technology Limited cannot accept responsibility for any action taken by a card issuer against an account holder. If possible print the rules of the contest and keep them at an easily accessible place.
To ensure absolute security of all customers financial details and to assist us combat fraud efficiently, it may be necessary for us to request customers to provide personal identification for a withdrawal request (see How do I withdraw money? in the Help - FAQ section) when funds have been deposited by a credit card.
Accounts are only available to persons aged 18 years or over. The placing of bets by anyone under the age of 18 is prohibited and Racingworld Technology Limited reserves the right to void any transactions with any such person. Racingworld Technology Limited may carry out age verification checks in accordance with its Privacy Policy.
You undertake to use our services for legitimate betting purposes only. In particular you undertake not to engage in any activity which has the purpose or effect of causing damage to or in any way hindering our business operations or generating or increasing a liability on us, including without limitation any tax, levy or duty collecting authority.
You will not attempt to hack, make unauthorised alterations or introduce any kind of malicious code to the Website or the Company by any means. Unless given prior approval from Racingworld Technology Limited, you will not (a) reverse engineer or decompile (whether in whole or part) any software available through the Website; or (b) make copies, modify, reproduce, transmit, alter or distribute all or any part of the Website or any material or information contained on it.
You will not make offensive comments, use offensive or pornographic material to create Aliases and Avatars or make potentially defamatory or inflammatory remarks in connection with any current or future forums or any other part of the Website including within your own username or other information contributed to the 123sport.com site.
Racingworld Technology Limited reserves the right to amend or change these terms and conditions at any time without prior notice and any amendments will be published on this website. It is the account holder's responsibility to be fully aware of the terms and conditions before making a transaction.
Racingworld Technology Limited makes no representation or warranty as to the software on the website and cannot be held responsible for the failure of any of the software. All online bet requests are confirmed by the transaction acceptance message and are instantly available to view in the account holder's Account section. Racingworld Technology Limited does not accept responsibility for any transaction not confirmed in the above manner.
You shall indemnify and hold harmless Racingworld Technology Limited, its subsidiaries, employees and agents and partners from any claims, liabilities, costs and expenses that may arise as a result of your breach of these terms and conditions or a breach of any laws of any jurisdiction applicable to you. In the event of such breach your winnings may be forfeited and Racingworld Technology Limited may retain any positive balance then existing on your account pending investigation and/or the conclusion of any legal proceedings.
Despite every effort to ensure complete accuracy, Racingworld Technology Limited cannot be held responsible for any errors in the information on the website including, without limitation, the results or race / event start times.
Transactions are only accepted using the funds available in an account at the time. Where a credit/debit card is used to deposit funds, such funds only become available after Racingworld Technology Limited has obtained authorisation from the relevant card issuer. Should the card issuer decline a transaction, all enquiries should be addressed by the account holder to the card issuer concerned.
Enquiries relating to any aspect of Racingworld Technology Limited should be directed to TheTeam@123sport.com. Any transaction query received after 14 days from bet placement will be disregarded and correspondence will not be entered into.
In the event of a dispute not being resolved following contact with TheTeam@123sport.com, the matter may then be referred to a mutually agreed and recognised body for arbitration, where providing each party has been given the opportunity of submitting their case, any decision shall be binding on both parties.
All times quoted on this website refer to UK Time unless otherwise stated.
Racingworld Technology Limited reserves the right to reclaim any incorrectly transferred monies relating to incorrect settlement of transactions and by accepting these terms and conditions each account holder thereby authorises Racingworld Technology Limited to withdraw such monies directly from the bank accounts into which they had been paid (without requiring any other contact or authorisation with the account holder in respect of such withdrawal).
Transactions placed in accordance with the rules of Racingworld Technology Limited may only be amended prior to the contest turning inplay but cannot be cancelled. However, should an entry be accepted in error after the result of the contest is known or after Racingworld Technology Limited has ceased to accept entries on the contest concerned, the entry(s) involved will be void.
If any part of these terms and conditions is deemed unlawful, void or for any reason unenforceable, then that part shall be deemed to be severable from the rest of these terms and conditions and shall not affect the validity and enforceability of the remaining provisions of these terms and conditions.
Ownership of any intellectual property rights in the website including, without limitation, the software, images and text (the “IPR Rights”) remain with either Racingworld Technology Limited (and its related companies) or its licensors. Copying, redistribution or publication of any of the IPR Rights is strictly prohibited and you shall not interfere with, modify or reverse engineer any software provided on the website.
Racingworld Technology Limited accepts no liability under the law in any jurisdiction other than the UK. All transactions made on the website, together with these terms and conditions and the Contest Rules, are governed by English law and the courts of England and Wales shall have exclusive jurisdiction to settle any disputes that arise out of or in relation to them.
Account Deposits - If possible please print out all transaction data, including rules of the game, cancellation regulations and payment methods and to keep it in an easily accessible place.
Withdrawals - often refunds are made automatically back to the card from which the funds originated from. In circumstances where the alternative manual payment methods are used two forms of ID must be supplied. One being a clear copy of a local utility bill, with the listed address matching the one entered in your profile. The second needs to be a clear copy of a Government issued ID such as your Drivers License or Passport. These can sent as good quality scans attached by email to TheTeam@123sport.com, faxed to +44 1932 883334, or posted to # 2 The Green Hersham, Walton on Thames, Surrey KT12 4HW, United Kingdom.
Manual withdrawal requests are of course subject to there being sufficient funds available at the time of processing the request.
Racingworld Technology Limited reserve the right to use a pound sterling business cheque to refund clients in some cases. This can apply to international clients.
International clients can request the faster option of a Telegraphic Wire Transfer. International bank fees for this transaction will however be deducted from the clients remittance. At present this will cost approximately £20
Account Cancellations / Closures - You may request that your account be closed at anytime by emailing the TheTeam@123sport.com. Please include your 123sport.com Alias in all communications as well as the email address you registered with.
Account Refunds - If your account has a positive balance at the time of your requesting an account closure, this amount will be fully refunded to you via cheque or direct bank deposit.
Free Bets, Matching Deposits, or Bonus Credits – From time-to-time these promotions may be offered at the sole discretion of Racingworld Technology Limited. Any deposit incentive(s) in the form of matching deposits or free bet bonus credits given by Racingworld Technology Limited will be available to be spent after the client account funds have reached an amount of £1.99 or less.

For example If a user deposits £20 during a promotion and receives £50 in free bets, then that user would need to stake a minimum of £20 of their own funds to activate £20 in free bets, up to a maximum of £50 in free bets.

Free bets are released in minimum blocks of £10 and are only activated once your funds have been used.

Free bets or credits belonging to an account that have been inactive for six months or more, may become EXPIRED at the discretion of Racingworld Technology Limited.

There is a £50 FREE credit offer. Expires 1st September 2007

This offer is in line with the standard terms and conditions of Racingworld Technology Limited.

Free bet promotions may only be used once per user.

Unused accumulated credits gained from a deposit incentive or other promotion that Racingworld Technology Limited may have offered from time-to-time will become null & void upon account closure.

Please refer to the further terms above under the heading Free Bets, Matching Deposits, or Bonus Credits.

CONTEST RULES

Daily Leaderboard Contests

Entries / Picks must be entered at least 1 minute before the official contest start time.

Weekly Leaderboard Contests (123racing only)

A 'week' will normally consist of race meetings run on a Sunday to a Saturday from which accumulated Points as descibed below, are added to a Weekly Leaderboard.

For promotional purposes the format of a 'weekly' contest may change at Racingworld Technology Limited's discretion. Changes may include limiting the number of Daily Contests that quailfy to make up a 'week'. Any changes made will be emailed in advance.

Your best total Points accrued from any three, or less, individual Daily Contest entries, operated on different meetings that Daily Contests are run on during a week (only your best entry qualifies if entering multiple times on one event), will be added to the Weekly Leaderboard.

EXAMPLE:

On Monday you enter a Daily Contest at Southwell and score 33.00 Points. On Tuesday you enter a Daily Contest at Bath and score 48.00 Points. On Wednesday you enter a Daily Contest at Brighton and score 56.00 Points. You now have a combined score of 137 Points on the Weekly Leaderboard. On Thursday you enter another Daily Contest and score an excellent 89 Points; this score now replaces your lowest score (33 Points) that previously made up your "best of 3". Your updated Weekly Leaderboard score is now 193 Points and there's still another meeting on Friday and three on Saturday that you can enter to better your current "best of 3" score, and finish in the Top 3 places of the Leaderboard.

From March 12th 2007 Weekly Contests will see the percentage of stakes taken from the Daily Contest Pools and allocated to Weekly Contest Pool prizes, decrease from 15% to 13.5% and the format of the Weekly (Sunday to Saturday) Leaderboard operates as follows;

Perfect Pick Jackpot (123racing only)

The Perfect Pick Jackpot Prize Pool was introduced on March 5th 2007, and has a Guaranteed starting prize of £1000 which jackpots each day based on 1.5% of total received stakes from every Daily Contest being applied to this Pool. The Perfect Pick Jackpot is struck whenever one or more players pick ALL of the winning horses on any fully completed meeting a Daily Contest is run on. To qualify all races listed on the card must be completed and resulted. A race meeting will not qualify if it is abandoned before or during its running, or if any race listed on the card cancelled for any reason. TIE Rules apply. Our first Perfect Pick Jackpot was won on the 10th of March Sandown meeting.

Prize Pools:

During our launch promotion each Daily Contest has a minimum Guaranteed minimum Prize Pool of £250 but this may change in the future at Racingworld Technology Limited's discretion.

The minimum stake will be £2 with no maximum stake to enter a contest.

The prize pool dividends are declared to a £2 unit stake.

The player(s) that accumulate the most points at the conclusion of the contest will be deemed to be the Winner(s) of that contest.

Deduction for Horse Racing

To cover UK racing levies & taxes, expenses & commissions, Racingworld Technology Limited takes 30% from each individual Daily Contest Pool; the remaining 70% of total prize pool will be distributed as follows;

Daily Contest Pool = 55%
Weekly Contest Pool = 13.5%
Perfect Pick Jackpot = 1.5%

Daily Contest Prize Pool Distribution (after deductions):

60% is awarded to 1st Place
30% is awarded to 2nd Place
10% is awarded to 3rd Place

Weekly Pools have NO DEDUCTIONS and are distributed as follows:

60% is awarded to 1st Place
30% is awarded to 2nd Place
10% is awarded to 3rd Place

The Perfect Pick Jackpot Pool has NO DEDUCTIONS and is distributed as follows:

The Perfect Pick Jackpot is struck whenever one or more players pick ALL of the winning horses on any fully completed meeting a Daily Contest is run on. To qualify all races listed on the card must be completed and resulted. A race meeting will not qualify if it is abandoned before or during its running, or if any race listed on the card cancelled for any reason. TIE Rules apply. In the event that this Jackpot is struck the pool will be reset to the guaranteed starting Prize Pool.

In the event of a tie for 1st, 2nd or 3rd place in any Daily and Weekly Contest, the prize pool dividends for those finishing positions will be combined and shared equally between the number of tied winners in that contest.

Tied Finishers Examples:

If 4 entries tie for 1st, then the combined total of the 1st, 2nd and 3rd prize pool dividend would be shared equally between the 4 winners.

If 1 entry is 1st, the entrant will collect the 1st prize pool Dividend. If 4 entries tie for 2nd, those entrants will share the combined total of the 2nd and 3rd prize pool dividend equally between them.

If 1 entry is 1st, 1 entry is 2nd, 3 entries tie for 3rd, the winning entrant collects the 1st prize pool dividend. The 2nd place entrant collects the 2nd prize pool dividend and the 3rd place entrants will share the 3rd prize pool dividend equally between them.

Guaranteed Winners - Daily & Weekly Contests (123racing only)

All Daily & Weekly Contests must have a winner(s) as each Leaderboard Pool is terminating.

Non Runners

When a selection is declared a non runner you will automatically be allocated the horse with the highest 123rating. Where two or more horses have the same rating the one with the lowest race card number will be deemed your selection.

After an automatic allocation due to a non-runner you can still log onto the site and change that selection, provided the meeting is not in play. Once the meeting has been turned in play no selections can be changed.

Abandonment / Cancellation - Daily Contests

A fixture / contest that is abandoned / cancelled before a race is run will be void with all entry fees returned. A meeting shall be deemed to have started once the first race has weighed in. Should a race be declared void or the fixture cancelled after the first race has been completed the prize pool dividend will be declared on the remaining number of races in that contest. The Perfect Pick Jackpot becomes null and void if any individual race or meeting is declared cancelled or abandoned.

Abandonment / Cancellation - Weekly Contests

Any Daily Contest that is abandoned / cancelled will cause the estimated Weekly Contest Prize Pool to be reduced accordingly.

Weekly Leaderboard Contest (123racing only):

Only meetings in the published weekly list count towards the Weekly Leaderboard. On Saturday three meetings will be covered that have individual Guaranteed minimum £250 Prize Pools. Sunday to Friday there will be one Daily Contest Guaranteed minimum £250 Prize Pools. At the beginning of each new Weekly Contest the Prize Pool will show either daily accruing balance based on the 13.5% share of all Daily Contest stakes placed or an ESTIMATED total Prize Pool figure based on the number of scheduled meetings that Daily Contests will be run on for that week. In the event of abandonment / cancellation this estimated amount may reduce.

A proposed list of weekly fixtures will be published in advance on the website. We reserve the right to change or limit the fixtures that make up any given Weekly Contest.

The Weekly Leaderboard's prize pool is funded by the 13.5% deduction taken from the Daily Contests.

Example:

On a given week of eight individual Daily Contests with average estimated prize pools of £5000 the total turnover will equate to £40,000. The 13.5% deduction from the Daily Contests will give a Weekly Leaderboard prize pool of £5,400 to be distributed accordingly.

The Weekly Leaderboard prize pool will be distributed without deductions.

In the event of multiple entries by a player on a Daily Contest, the entry with the highest score will count towards the Weekly Leaderboard.

A player's three, or less, best individual Daily Contests entries will be attributed to the Weekly Leaderboard. It is possible to win a prize with just one entry but it's highly unlikely. Entering three or more Daily Contests will give you the best chance of winning.

The winner of the Weekly Leaderboard will be the player who accumulates the most points from their three, or less, best individual Daily Contest entry run at separate daily meetings.

Weekly Leaderboard Prize Pool Distribution (No deductions):

60% is awarded to 1st Place
30% is awarded to 2nd Place
10% is awarded to 3rd Place

In the event of a tie for 1st, 2nd or 3rd place, the prize pool dividends for those finishing positions will be shared equally between the number of tied winners in that contest.

Examples:

If 4 entries tie for 1st, then the combined total of the 1st, 2nd and 3rd prize pool dividend would be shared equally between the 4 winners.

Abandonment / Cancellation

All fixtures / contests deemed to have started will count towards the weekly Leaderboard.

DEFINITIONS:

Entry Fee – An entry fee will be charged for each contest entry. A player can place one or more entries in a contest.

Daily Contest Prize Pool – The total amount of contest pooled entry fees before deductions.

Weekly Contest Prize Pool – The total amount made up from 13.5% of the stakes received from all Daily Contests operated Monday to Saturday (no deductions).

Perfect Pick Jackpot Pool – Has a starting Guaranteed Pool of £1000 and builds from the 1.5% being applied daily from all stakes received from Daily Contest entries. The Perfect Pick Jackpot is struck whenever one or more players pick ALL of the winning horses on any fully completed meeting a Daily Contest is run on. To qualify all races listed on the card must be completed and resulted. A race meeting will not qualify if it is abandoned before or during its running, or if any race listed on the card cancelled for any reason. TIE Rules apply.

Contest Prize Pool Dividends – The portions of the Prize Pool (deductions apply to Daily Contests only) that are awarded to each contest winner. E.g. 60% awarded to 1st Place, 30% to 2nd Place, and 10% to 3rd Place.

Terminating Pools – All individual contests are 'terminating' in that they must be won, based on there will always be a prize(s) payouts made to the top 3 finishers whom accumulate the most points during an individual contest.

Daily Contest – A Daily Contest is a live single race meeting in the UK that 123racing has declared as OPEN to enter, and is operating pools betting. Generally a Daily Contest consists of between 6 to 10 individual races from a race meeting. Contest players are required to make a “pick” in each race and submit those picks no later than 1 minute prior to the official start time of the first race, and confirm their stake amount (minimum of £2) for the entry to become valid.

Weekly Contest – A player’s 3 best, or less, Daily Contest entry Points scores, taken from separate meetings that Daily Contests are run on during a week (Monday to Saturday), will be accumulated on a live weekly Leaderboard, which has its own terminating prize pool.

123racing Points – Points are accumulated based on a selection coming 1st, 2nd or 3rd in each race, with 3 points being awarded for 1st, 2 points for 2nd and 1 point for 3rd.

Tote points – Bonus points are added based on the official tote payout, with a first placing including the payout for win & place and 2nd & 3rd finishers just the place payout.

Pick – A pick is a single selection made in each race from the open contest being entered.

Inplay – A contest is deemed to be “inplay” 1 minute prior to the official start time of the first race.

Non-runner – A scratching of a horse that may be made by the owners or racing Stewards prior to the start of the first race and or during the “inplay” contest. See “non-runner” rule below.

123rating – A live updated rating of the percentage of players that have picked that selection.

Daily Contest Leaderboard – Each individual race meeting contest has its own live Leaderboard displayed. Leaderboards are updated as races are resulted.

Weekly Contest Leaderboards – Displays a player’s 3 best, or less, Points scores from individual meeting Daily Contest entries. If entering more than 3 separate contests, if a later score is greater than a previous one used show your position on the Weekly Leaderboard, it will be replaced with your new best highest score. This continues over the period of each current week period.