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PROMOTIONAL TERMS AND CONDITIONS
Updated Spring 2024 - 01/10/2024 Bonus Cash:
a) A Deposit Match Promotion is a promotion whereby Bonus Cash is placed in an existing Colossalbet account when a client processes a deposit within the promotional timeframe, as specified in the promotion guidelines. b) A Refund Promotion is a promotion whereby a client's stake is refunded in the form of Bonus Cash to a Colossalbet betting account as specified in the promotion guidelines.
c) Any promotion that may result in the awarding of Bonus Cash can only be entered once per client. Colossalbet may determine, in its sole discretion, whether it believes different entries or accounts are associated with the same person or group of people.
d) Only one Bonus Cash wager can be placed per event or match.
e) For winning Bonus Cash bets, winnings will be paid excluding the initial Bonus Cash stake. This means that if a Bonus Bet to the value of $10 is placed on a selection paying $2.00, the net winnings paid will be $10 ($20 less the $10 bonus bet).
f) Clients considered to be abusing promotions by any means, or breaching these terms and conditions, may have bonuses, and any winnings from Bonus Cash cancelled or revoked. g) Bonus Cash will expire seven (7) days after it has been awarded if it has not been used - the event can be any time in the future, unless otherwise specified in the promotion's terms and conditions.
h) Colossalbet reserves the right to cancel, change or suspend any promotion at any time without notification. Colossalbet's Protest Payout:
a) Colossalbet Protest Payout will be applied when a horse on which the customer has placed a bet is first past the post but is ultimately relegated due to an upheld stewards' protest or enquiry. In the event of an upheld protest, Colossalbet will pay out in respect of both the first past the post and the runner ultimately declared as the official winner.
b) Colossalbet Protest Payout applies to every Australian thoroughbred and harness race and applies to wagers placed either digitally or struck over the telephone.
c) For the avoidance of doubt, protest payout shall only apply in respect of:
i. Bets on horses that are first past the post but later relegated because of a protest. ii. The customer's first accepted bet on a given runner. iii. Protest payouts will not be applied in the event of the disqualification of a horse including, without limitation, if that horse is disqualified as a result of weighing in 'light'. iv. Protest payouts apply to win bets and the win portion of each way bets. d) Protest payout will not apply in respect of:
i. Bets on horses that originally finished second or third past the post but are relegated out of the placings as a result of a minor protest. ii. Bets placed on pre-post or futures markets. iii. Special markets, products or bet types including, without limitation, multi-leg bets, Exotics, bonus bets, head-to-head betting, odds versus evens and favourite versus field markets, and box/jockey challenge markets.
e) In the event an official protest is upheld, any run second to the favourite or similar promotions being run on that race will be void and bonuses not paid.
f) Subject to the Colossalbet betting rules, the amount of the protest payout will be equal to the full return the customer would have received had the horse been declared the official winner, with the maximum amount paid out to limited to:
i. Three thousand dollars - $3,000 per customer per race.
g) This product is available for recreational customers only and Colossalbet reserves the right to, at its sole and absolute discretion, exclude or limit the eligibility of certain customers from receiving the benefit of the Colossalbet protest payout. Colossalbet Price Pump:
a) Colossalbet's Price Pump product allows clients to place a bet at better than advertised odds. Colossalbet Price Pump allows you to instantly increase the value of your bet. Simply add your selection to the bet slip, activate the Colossalbet Price Pump button and your potential return will increase. Submit your wager and await the usual confirmation receipt. b) Colossalbet Price Pump is available on each of our betting platforms on certain events and is part of the core wagering service offered by Colossalbet. Accordingly, Colossalbet's standard wagering rules apply in respect of Colossalbet Price Pump bets, including, without limitation, standard deductions for scratchings on racing events.
c) Protest payout and dead heat rules continue to apply in respect of Colossalbet Price Pump bets, as do the following additional rules:
i. The number of Colossalbet Price Pump tokens which may be made available to customers on any given day may vary and will be issued at the absolute discretion of Colossalbet Management. ii. The dividend available to you when you apply your Colossalbet Price Pump token will depend upon a range of factors and will be calculated and applied at the absolute discretion of Colossalbet Management. iii. Colossalbet Price Pump tokens cannot be used in conjunction with any other promotions, including Bonus Cash. iv. When cash-out is available to customers for a bet placed in conjunction with the Colossalbet Price Pump feature, any cash out settlement will be based on the original odds and not the enhanced dividend. v. Wagers placed in conjunction with the Colossalbet Price Pump product are subject to Colossalbet's other general rules and conditions along with our standard customer restrictions, liability and trading limits that apply. vi. Bets placed when using the Colossalbet Price Pump feature are not considered accepted until you receive a bet confirmation. In the event of any failure or malfunction, the bet may be paid at the regular odds providing a confirmation has been received.
d) Colossalbet reserves the right to, at any time, exclude any client from receiving Colossalbet Price Pump tokens if Colossalbet Management determines, at its sole and absolute discretion, that the client is abusing or has abused the promotion. Without limitation, the following shall constitute abuse of the promotion by a client: i. Allowing a third party direct or indirect access to the client’s Colossalbet betting account. ii. Placing Colossalbet Price Pump bets which exceed the value (both in terms of turnover, and quantity of bets placed) of non Colossalbet Price Pump wagers. iii. If it is reasonably believed additional accounts are being used to elevate the number of Price Pump received on a given day.
e) Colossalbet reserves the right, at its absolute discretion to change, suspend or remove the availability of Colossalbet Price Pump at any time or on any market or to any client. Colossalbet Money Back Special:
a) Offer is personalised at individual customer level with a unique code displayed to eligible customers on their homepage when logged in via Colossalbet App or Website. b) The offer applies to your first Fixed Odds bet for the race on the Win Market for bets placed via app/website, not applicable on telephone bets. c) Where there are eight (8) or more runners Bonus Back shall be paid on second and third placed runners. Where there are seven (7), six (6) or five (5) runners in a race, Bonus Back shall be paid on second places only. Where the race has less than five (5) runners there will be no bonus bet return. d) This offer excludes SA & WA residents.
e) The offer is available to the recipient of the original communication only.
f) Eligible bet is the First Fixed Odds bet placed on each eligible race at each eligible track on the eligible date, as listed in point a) above.
g) The value of money back offer as bonus cash cap ($20, $50, $100, $200, $250) is calculated at an individual customer level based on the customer’s betting activity on Colossalbet.
h) Bets placed with Bonus Cash, Boosted Bets, Multi Bets, Live Bets and Exotics bets are excluded from the offer.
i) Bonus Cash will be equal to the value of the client’s original bet stake, up to a maximum cap as listed in the communication.
j) Money Back Specials will be settled on the Final official placings after any protests or inquiries.
k) The Bonus Cash will be credited to your Colossalbet Account within 1 hour (exceptional circumstances up to 24 hours).
l) Standard Bonus Bet Terms & Conditions apply.
m) This offer is only available to you if you comply with Colossalbet’s Terms & Conditions. Colossalbet Back A Winner Special:
a) Offer is personalised at individual customer level with a unique code displayed to eligible customers on their homepage when logged in via Colossalbet App or Website. b) The offer applies to your first Fixed Odds bet for the race on the Win Market for bets placed via app/website, not applicable on telephone bets. c) Bets placed with Bonus Cash, Boosted Bets, Multi Bets, Live Bets and Exotics bets are excluded from the offer. d) This offer excludes SA & WA residents. e) The offer is available to the recipient of the original communication only. f) Eligible bet is the First Fixed Odds bet placed on each eligible race at each eligible track on the eligible date, as listed in point 1 above. g) The value of bonus boost offer as bonus cash cap ($100 or $250) is calculated at an individual customer level based on the customer’s betting activity on Colossalbet. h) Bonus Cash will be 25% of the the value of the client’s original bet winnings (return minus stake) up to a maximum cap of either $100 or $250, as listed in the communication. i) Back A Winner specials will be settled on the Final official placings after any protests or inquiries. j) The Bonus Cash will be credited to your Colossalbet Account within 1 hour (exceptional circumstances up to 24 hours). k) Standard Bonus Bet Terms & Conditions apply. Visit Terms & Conditions l) This offer is only available to you if you comply with Colossalbet’s Terms & Conditions. Above the line Promotions:
Only the following types of bets will be eligible for promotions that are considered “above the line” or “world at large” (seen by the general public, on websites and media)
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