{"id":20307,"date":"2023-11-27T09:53:52","date_gmt":"2023-11-26T22:53:52","guid":{"rendered":"https:\/\/www.betfair.com.au\/hub\/?p=20307"},"modified":"2023-11-27T09:53:54","modified_gmt":"2023-11-26T22:53:54","slug":"racing-and-sports-cash-draws-offer-week-2","status":"publish","type":"post","link":"https:\/\/www.betfair.com.au\/hub\/uncategorized\/racing-and-sports-cash-draws-offer-week-2\/","title":{"rendered":"Racing and Sports Cash Draws Offer Week 2"},"content":{"rendered":"<div class=\"education-content border-b pb-10 block\">\n      \n          <div class=\"education-content__row my-3\">\n        <div class=\"container reduced-width\">\n          <p><strong><u>Racing and Sports Cash Draws Offer<\/u><\/strong><strong><u> \u2013 Terms and Conditions<\/u><\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>Betfair Pty Limited\u2019s (<strong>Betfair<\/strong>) Racing and Sports Cash Draws Offer (<strong>Cash Draws Offer<\/strong>) is governed by the following Terms and Conditions.<\/p>\n<p>The following customers are not eligible to participate in the Cash Draws Offer:<\/p>\n<ul>\n<li>South Australian customers;<\/li>\n<li>Betfair employees and\/or family members of Betfair employees;<\/li>\n<li>customers that were not sent the Cash Draws Offer via email or SMS by Betfair; and<\/li>\n<li>customers that did not opt in to the Cash Draws Offer.<\/li>\n<\/ul>\n<p>By participating in Cash Draws Offer, you will be deemed to have accepted these Terms and Conditions.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>CASH DRAWS OFFER: HOW IT WORKS AND QUALIFYING CRITERIA <\/strong><\/p>\n<p><strong>OPTING IN <\/strong><\/p>\n<ul>\n<li>customers will get sent an email with the option to opt in to a Cash Draws Offer for the duration of the Qualifying Offer Time Frame.<\/li>\n<li>to be eligible for the <strong>Cash Draws Offer<\/strong>, customers will need to opt in to one of the Cash Draws Offers by 11:59:59pm 26 November 2023 Australian Eastern Daylight Time (AEDT).<\/li>\n<li>the Cash Draws Offer will run from 12:00:01am 27 November 2023 Australian Eastern Daylight Time to 11:59:59pm 3 December 2023 Australian Eastern Daylight Time (AEDT) (<strong>Qualifying Offer Time Frame<\/strong>).<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>It is also noted that:<\/p>\n<ul>\n<li>a customer\u2019s first opt in choice to either offer will be taken as their selection.<\/li>\n<li>customers who opt in for the Cash Draws Offer will not be eligible for the Discount Rate Offer.<\/li>\n<li>Once either the Cash Draws Offer or the Discount Rate Offer is opted in to, customers will be eligible for that offer for the duration of Qualifying Offer Time Frame and will be unable to change their eligible offer.<\/li>\n<li>customers that opt in for the Cash Draws Offer and that bet during the Qualifying Offer Time Frame will receive another Cash Draw Offer for the subsequent week.<\/li>\n<\/ul>\n<p><strong>QUALIFYING CRITERIA<\/strong><\/p>\n<p>To eligible to be in the running to receive an approximate 1 in 20 $50 cash prize as part of the cash draw, customers will need to satisfy the following criteria:<\/p>\n<ul>\n<li>during the Qualifying Offer Time Frame customers will need to bet at least the <strong>Minimum Qualifying Bet Amount<\/strong>. The Minimum Qualifying Bet Amount will be stated in each customer\u2019s email outlining the Cash Draws Offer; <u>and<\/u><\/li>\n<li>bets will need to be settled during the <strong>Qualifying Offer Time Frame<\/strong>.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><strong>WHAT ARE THE ELIGIBLE MARKETS?<\/strong><\/p>\n<p>This Offer applies to all markets offered on the Betfair Exchange (<strong>Qualifying Markets<\/strong>) and that settle during the Qualifying Offer Time Frame.<\/p>\n<p><strong>WHAT IS CASH DRAWS OFFER? <\/strong><\/p>\n<p><strong>Racing and Sports Cash Draws Offer <\/strong>(<strong>Cash Draws Offer<\/strong>)<\/p>\n<p>At the conclusion of the Qualifying Offer Time Frame, Betfair will input all eligible customers into a random number generator to conduct the draw and assign the prizes.<\/p>\n<p>&nbsp;<\/p>\n<div class=\"responsive-table-wrap\"><table>\n<tbody>\n<tr>\n<td width=\"125\"><strong>Prize <\/strong><\/td>\n<td width=\"125\"><strong>Value <\/strong><\/td>\n<td width=\"125\"><strong>Max number of prizes<\/strong><\/td>\n<td width=\"125\"><strong>Total Value <\/strong><\/td>\n<td width=\"125\"><strong>Approximate chance of winning <\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"125\">$50 cash credited into the customers Betfair account<\/td>\n<td width=\"125\">$50 AUD<\/td>\n<td width=\"125\">40<\/td>\n<td width=\"125\">$2,000 AUD<\/td>\n<td width=\"125\">1 in 20*<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p>*Based on the assumed uptake rates of Cash Draws Offer (source: Betfair Internal Data)<\/p>\n<p><strong>When will I be notified and credited if I win?<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>Any qualifying cash prize will be credited to the customer\u2019s account one business day after the Qualifying Time Frame has concluded. This will be 4 December 2023 at, or around 2pm AEDT.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>ARE THERE ANY EXCLUSIONS?<\/strong><\/p>\n<p>Yes.<\/p>\n<p>Bets placed during the Qualifying Offer Time Frame but that settle outside of the Qualifying Offer Time Frame will not count toward any Minimum Qualifying Bet Amount targets, nor will they be considered part of Cash Draws Offer. Additionally, bets placed on markets that settle outside of a Qualifying Offer Time Frame are not counted towards any Minimum Qualifying Bet Amount targets.<\/p>\n<p><strong>ADDITIONAL TERMS AND CONDITIONS<\/strong><\/p>\n<p>It is agreed that:<\/p>\n<ul>\n<li>Betfair&#8217;s decision on prizes will be final, and further correspondence will not be entered into;<\/li>\n<li>if your account is self-excluded or closed for any reason, you will be excluded from this Cash Draws Offer;<\/li>\n<li>Betfair can, in its absolute discretion and at any point in time:\n<ul>\n<li>cancel or suspend Cash Draws Offer;<\/li>\n<li>remove you from receiving Cash Draws Offer, in which case you will no longer be eligible for any cash prize;<\/li>\n<li>extend, or shorten, the Qualifying Offer Time Frame; or<\/li>\n<li>amend these Terms and Conditions;<\/li>\n<\/ul>\n<\/li>\n<li>Betfair shall not be liable for any loss howsoever arising as a result of a customer&#8217;s participation in the Cash Draws Offer; and<\/li>\n<li>outside of the Terms and Conditions outlined above, all other Betfair Terms and Conditions will prevail.<\/li>\n<\/ul>\n<p>Customers seeking further information can call\u00a0<a href=\"tel:1300%20238%20324\">1300 238 324<\/a>\u00a0(8am &#8211; 6pm AEDT) or email <a href=\"mailto:service@betfair.com.au\">service@betfair.com.au<\/a> or <a href=\"mailto:pricingenquiries@betfair.com.au\">pricingenquiries@betfair.com.au<\/a>.<\/p>\n\n        <\/div>\n      <\/div>\n    \n    \n    \n      <\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":33,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"tipster_notification_checkbox":false,"send_notification":false,"footnotes":""},"categories":[1],"tags":[],"brand":[],"class_list":["post-20307","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.5 (Yoast SEO v24.5) - 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