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VICBET.COM Rules of Wagering:

VICBET.COM  a bookmaker licensed by the Victorian Commission for Gambling Regulation (VCGR) (Registration Number B10700054) through Racing Victoria Ltd.

VICBET.COM is authorised by the Government of Victoria and the VCGR to accept phone, face to face and internet wagers on all Australian, New Zealand and overseas race meetings.

VICBET.COM is bound by the VBA Code of Practice.

When opening an account or placing any bet with VICBET.COM, the customer acknowledges as binding the VBA Code of Conduct and the Racing Victoria Rules of Wagering. Placing a wager signifies your knowledge of, and agreement to be bound by, the current version of these rules. One other important consideration that you accept when opening an account ONLINE with VICBET.COM, is that we will be accepting credit card payments from you when the card is not physically present for verification. Once we have received approval to process any Card not Present Transaction and Betting Transactions occur soon after then the risk of the Card not Present Transaction resides with the Cardholder. We will check with our GateWay Provider EWay that the Credit Card Name corresponds exactly with the VICBET.COM Account Name before the wager is processed. All Internet Transactions are logged with an IP Address at that moment in time and when we conduct Card not Present Transactions if the IP Address matches the Card not Present Transaction and then with regards to the Betting with VICBET.COM the Account Holder accepts they have no recourse to attempt a Chargeback with VICBET.COM.....

According to Rule 5.5.3 in the Victorian Internet Betting Rules if there is an error in the quoted Dividend resulting from computer or other technical malfunction before the conclusion of the relevant Event or clear human error, then VICBET.COM has the option to void the wager. Vicbet will notify the other party as soon as possible....... Also another condition upon betting with VICBET, which is relevant to the Best Tote wagering is this: When a race is resulted and the appropriate TAB dividends are confirmed by the three TAB's - SuperTab, NSW TAB and Tatts, with a selection winning or running a place and the BEST PLACE dividend paid is more than the BEST WIN (or proposed BEST WIN) dividend then the wager will be paid at the Middle Tote Dividend... As an example the three TAB's may pay for the WIN - $2.10, $2.20 and $2.30, if the PLACE dividends pay $1.30, $1.40 and $3.70, then the wager will be paid at the middle tote Dividend which in this case is $1.40.....