TERMS AND CONDITIONS
TERMS AND CONDITIONS
Please read these terms carefully before placing any wagers. This binding legal agreement governs all sports and racing betting services provided by Sprintbet Pty Ltd.
01
SUMMARY
These Terms and Conditions govern your use of the Sprintbet.co online sports and racing wagering platform operated by Sprintbet Pty Ltd. By registering an account, accessing any page of our platform, or placing any pre-match or live wager, you acknowledge that you have read, understood, and agreed to be legally bound by these terms in their entirety.
We encourage you to print or download a copy of this legal agreement for your permanent records. Wagering under these terms represents a binding legal contract which defines both our structural service duties and your mandatory personal financial compliance constraints.
02
DEFINITIONS
To ensure absolute legal precision and operational clarity across all Australian jurisdictions, the following defined terms are used throughout this document:
- Account means your personal registered Sprintbet.co wagering account, which is unique to you and completely non-transferable under Victorian and national law.
- Sprintbet.co, we, us, our refers explicitly to Sprintbet Pty Ltd (ABN 61 662 459 814, ACN 662 459 814), a company incorporated under the laws of Victoria.
- Customer, you, your refers to any individual person who has successfully registered, verified, and holds an approved Account with us.
- Platform refers to the Sprintbet.co online environment, including the desktop website, mobile web, and any licensed mobile application architectures.
- Bet or Wager means any stakes committed to a sporting or racing event via our platform in exchange for defined potential payouts based on odds.
- Event represents any sporting match, thoroughbred, greyhound, or harness race, or special competitive market on which wagering has been authorized.
03
GENERAL
These Terms and Conditions, in combination with our Privacy Policy, Deposit Limit Agreements, and Sport/Racing Settlement Rules, constitute the entire legal agreement between you and Sprintbet Pty Ltd. No third-party agent, operator, or customer service representative has the authorization to alter, waive, or negotiate these terms.
This legal agreement is governed exclusively by and construed in strict accordance with the laws of Victoria. By accepting these terms, you submit to the non-exclusive jurisdiction of the courts of Victoria and any courts competent to hear appeals from those bodies.
If any particular provision, clause, or paragraph within these terms is found to be invalid, illegal, or unenforceable by any competent court or regulatory body, that invalidity will not affect the remaining terms, which shall continue in full force and effect.
04
AUTHORISATION TO ACCESS
You are strictly prohibited from registering an Account or accessing our Platform unless you are at least 18 years of age. Wagering by minors constitutes a severe criminal offense under the laws of all Australian states and territories.
You must be physically located within an Australian state or territory where online wagering is permitted by law at the time you attempt to register, log in, fund, or place any bet on the platform. It is your sole responsibility to ensure that your access complies with state-based and local telecommunication and gaming regulations.
05
ACCOUNT VERIFICATION
In compliance with the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (Cth) and Victorian licensing conditions, all Sprintbet.co customer accounts must be verified within the statutory period of registration.
We are legally obligated to verify your full name, physical residential address, and date of birth. To complete this automated or manual verification, we may request official government-issued identification:
- A valid Australian Driver's Licence showing current address.
- A current Australian or International Passport.
- Utility bills, council tax statements, or bank statements dated within the last 3 months.
- Any additional secondary identification requested by our compliance officers or regulators.
06
DEPOSITS & WITHDRAWALS
All deposits must originate from accounts or payment instruments registered in your exact legal name as verified on your Sprintbet.co Account. In accordance with Australian federal laws designed to protect vulnerable consumers, credit card deposits are strictly prohibited. We only accept debit card deposits, direct bank transfers, and official electronic payments.
Withdrawals will only be processed to bank accounts or payment cards that have been successfully verified as belonging to you. Third-party transfers are totally disallowed. We reserve the absolute right to delay, audit, or cancel any withdrawal request if further compliance proof is required by regulatory agents.
07
RESTRICTED JURISDICTIONS
Our services are exclusively intended for residents of Australia. Sprintbet.co does not accept registrations from, nor do we provide sports or racing markets to, individuals who are physically located in restricted international jurisdictions, including but not limited to the United States, United Kingdom, New Zealand, or European Union states.
Any attempt to bypass geolocation restrictions using VPN services, proxies, or alternate masking technologies to access our wagering servers constitutes a severe violation of these terms and will result in immediate permanent account termination and the forfeiture of any remaining funds.
08
FRAUD & MARKET ABUSE
We maintain a zero-tolerance policy on all forms of fraud, manipulation, and market abuse. This includes commercial syndicate betting, bonus abuse, duplicate accounts, court-siding, or using specialized scraping/automated bot software to place wagers.
Any account suspected of market manipulation, collusive betting, or using non-public information will be suspended immediately. All open wagers will be audited, and suspected fraudulent activity will be documented and forwarded to Australian federal police, AUSTRAC, and state racing and sports integrity commissions.
09
DISPUTES & RESOLUTION
If you believe an error has occurred with the settlement of any sports or racing market, you must log a formal dispute with Sprintbet.co support within 14 days of the event's official conclusion. We will investigate the dispute using official governing body records and our internal server data logs.
If we are unable to resolve the dispute to your satisfaction, you may appeal the decision to our statutory regulator, the Victorian Gambling and Casino Control Commission, whose final determination is binding on all parties.
10
OUR RESERVED RIGHTS
Sprintbet.co is a commercial entity operating under strict state authority. We reserve the absolute right, without providing prior warning or formal explanation, to perform the following actions at our discretion:
- Refuse to accept any wager, or limit the maximum stake allowed on any market.
- Suspend, restrict, or permanently close any Account found in violation of our terms.
- Void any wagers placed on obvious pricing errors, palpably incorrect odds, or inverted handicap figures.
- Withhold payouts on any market that is under active investigation for integrity issues by sports stewards or police.
- Deduct outstanding fees, Rule 4 deductions, or taxation liabilities directly from your account balance.
11
ASSIGNMENT & TRANSFERS
Your Sprintbet.co Account is purely personal and is linked directly to your verified Australian identity. You may not assign, sell, lease, transfer, or share your account access, any accrued promotional balances, or legal claims with any other third party.
Sprintbet Pty Ltd reserves the right to assign, delegate, transfer, or contract its rights and obligations under this legal agreement to any related entity, corporate successor, or authorized state operator at any time without requiring your prior written consent.
12
RESPONSIBLE GAMBLING
Sprintbet.co is dedicated to providing an enjoyable and safe pre-match and racing wagering experience. We provide a suite of self-management tools to help you keep your gambling under control. These options are accessible at all times via your account settings:
- Mandatory and voluntary Deposit Limits (Daily, Weekly, or Monthly).
- Short-term and medium-term cooling-off pauses.
- Full permanent self-exclusion options.
- Direct connection to National Self-Exclusion Register (BetStop) via betstop.gov.au.
13
PERSONAL INFORMATION
We collect, hold, utilize, and secure your personal information in strict accordance with the Privacy Act 1988 (Cth) and the Australian Privacy Principles. By opening an Account with Sprintbet.co, you authorize us to check your details with verified credit reporting agencies and identity resolution databases.
We may disclose your personal and wagering data to Australian law enforcement, racing stewards, and federal agencies like AUSTRAC where required to meet statutory verification, fraud, or anti-money laundering regulations.
14
INTELLECTUAL PROPERTY
All proprietary software, code, graphics, branding, text, logos, statistics, and video/audio feeds displayed on the Sprintbet.co Platform are owned by or licensed directly to Sprintbet Pty Ltd.
You are granted a strictly limited, non-commercial, revocable license to access the Platform solely for the purpose of placing wagers and monitoring your personal Account activity. Any automated scraping, data extraction, or commercial reproduction of our markets and odds feeds is strictly prohibited.
15
THIRD PARTY ASSOCIATIONS
Our platform may display real-time sports statistics, racing form guides, map coordinates, and links to external platforms operated by independent third parties. These widgets and external links are provided purely as an information service for your convenience.
We do not endorse, control, or assume any legal liability for the content, privacy practices, terms of use, or operational accuracy of any third-party software, data feeds, or external sites.
16
IT FAILURES & OUTAGES
While we aim to maintain continuous 24/7 access to our wagering servers, Sprintbet.co is not legally liable for any loss, damage, or missed betting opportunities resulting from database errors, telecommunications network outages, server maintenance, or client-side connection drops.
In the event of a system-wide database or processing failure that occurs during an active event, all affected wagers may be deemed void, and the original stakes will be returned directly to the respective customer accounts.
17
AUSTRALIAN CONSUMER LAW
Nothing in these terms is intended to exclude, restrict, or modify any statutory consumer guarantees, rights, or remedies guaranteed under the Competition and Consumer Act 2010 (Cth) or state-based consumer protection legislation that cannot be legally excluded.
Where our liability cannot be excluded, it is strictly limited at our discretion to re-supplying the platform services or refunding the original stakes of the disputed wagers.
18
CUSTOMER RESPONSIBILITIES
As a verified customer of our platform, you are fully responsible for maintaining the absolute security of your Account credentials, including your password and PIN.
- All transactions and bets placed using your verified credentials will be deemed authorized and binding.
- You must notify us immediately if you suspect any unauthorized access to your account.
- You must keep your registration data, residential address, and deposit card information accurate and up to date.
- You must set realistic and safe deposit boundaries that match your financial circumstances.
19
FUNDS PROTECTION
In strict compliance with Victorian gaming regulations and corporate licensing rules, all customer account balances are maintained in designated, segregated bank trust accounts.
These trust balances are completely isolated from our corporate operating accounts, ensuring that your deposit balances are secure and protected against any unexpected financial difficulties.
20
PROMOTIONS & INDUCEMENTS
Any promotional offers, bonus bets, or loyalty rewards provided by Sprintbet.co are subject to their own specific, published terms. In compliance with the National Consumer Protection Framework for Online Wagering, we do not offer sign-up bonuses or direct inducements to open new accounts.
We reserve the right to exclude any customer or group of customers from promotional offers if we detect patterns of systematic exploitation or terms violations.
21
RACE FIELDS & INTEGRITY
Sprintbet.co holds all required state-based race field approvals and pays statutory fees to all Australian thoroughbred, greyhound, and harness racing bodies.
We are bound to share real-time wagering details, account histories, and customer identity information with racing stewards and national sports integrity units to assist in the detection and prosecution of sports corruption.
22
SETTLEMENT RULES
All wagers are settled strictly in accordance with the official, final results declared by the relevant governing sport or racing body at the immediate conclusion of the event.
Subsequent regulatory disqualifications, drug testing outcomes, or appeal decisions made after the official presentation or podium ceremony will not alter the wagering settlement figures.
23
TAXATION & POC LEVY
Recreational gambling winnings are not classified as taxable income under current Australian tax regulations. However, Sprintbet.co operates in full compliance with Point of Consumption (POC) tax laws across all Australian states.
Any future modifications to national or state-based tax structures may directly affect our commercial margins, odds calculations, and available markets.
24
PRIVACY & DATA PROTECTION
We utilize state-of-the-art encryption standards, secure firewalls, and strict internal access protocols to shield your personal details from data breaches or unauthorized access.
For a comprehensive breakdown of our data retention, encryption standards, and your rights of access, please read our dedicated Privacy Policy.
25
VARIATIONS & LIABILITY
Sprintbet.co reserves the right to vary, modify, or rewrite these Terms and Conditions at any time. Any material changes will be communicated to you via email or a mandatory notification window upon your next log in to the Platform.
To the maximum extent permitted by law, Sprintbet.co's total aggregate liability under this agreement is limited strictly to the cash balance held in your verified Account at the time the legal claim arises.