Sportsbook Rules - Sports Betting Rules - Sportsbook Gambling Online

With the enormous amount of events to bet on at the Islandcasino, it's important to understand that each sport can be unique when it comes to wagering. The following highlights wagering rules for the particular sports available to bet on at the Islandcasino Sportsbook.

Sports wagers may range from a minimum of $1 to a maximum of $5,000. Islandcasino reserves the right to reduce or exceed these limits at any time on any wager.

The maximum payout on a parlay, teaser, IF wager, or RIF chain is $250,000. With prior approval, accounts may be tagged for unlimited parlay payouts on all selections. By choosing this option, the account will not be eligible for any bonuses.

Proposition bets must have all participants involved in wager play for action. Routine starting players must start the game for action.

Non-runners in match-ups between a player and "the field" in any tournament will be graded no action unless otherwise specified.

All wagers placed on events with obvious erroneous lines resulting from human error will be graded no action. It is the sole discretion of Islandcasino regarding the partial/complete voiding of parlays, teasers, and IF wagers when a play includes a selection with a line error.

Overtime period or extra inning scoring is included in the total when wagering on total scores. Overtime period scoring is included in the second half for half-time wagers.

All team sporting events must be played on the dates scheduled unless otherwise specified. If an event is postponed and/or rescheduled, that event will automatically constitute "NO ACTION." Soccer events must be played within two days of the original date scheduled.

Tennis, golf, boxing, and auto racing must be completed within one week of the scheduled event date to have action (unless otherwise noted).

Regardless of team name changes or relocation, all teams have action in futures wagers.

The winner of an event or game will be determined on the date of the event or game's conclusion according to house rules. Islandcasino does not recognize suspended games, protests, overturned decisions, etc., for wagering purposes.

The home team is listed as the bottom team unless otherwise specified. Neutral site games may have the teams listed in any random order. Switching of teams in the listings is no grounds for the voiding of any selections.

In the event an account reaches a negative balance due to the re-grade of an event, all in-progress pending wagers will stand and be honored. Since winning wagers in this instance will be honored, immediate settlement of losing wagers is also expected.

Customers are responsible for settling all negative accounts. "Ignorance", "I wouldn't have made that last bet if I knew my balance would have been negative", or "It's not my fault the wager was graded wrong", will not be accepted as excuses for non-settlement of negative balances.

Islandcasino reserves the right to void any bets which are not in progress, retroactively from the last wager entered, until a player balance is no longer negative. Players will be notified via e-mail prior to an event starting of any such decisions.

Limits on each wagering option are reset within a few minutes of a wager being posted. Limits also reset immediately when the line on the selection has moved. Management reserves the right to refuse or limit any wager. Use of multiple accounts to circumvent online limits is prohibited.

In a "dead heat", two or more competitors are joint winners in a race or contest. For wagering purposes, the wagered amount on a selection is divided by the number of competitors involved in the dead heat (divided stake) and multiplied by the number of paying positions in question. The divided stake gets paid the full odds of the original selection. The remainder of the stake is a loser.

Dead Heat Example:

Straight Bet selected on Ogivly TOP 10 +350, for $100.
Scenario #1: Two golfers – including Ogivly – tie for 10th place.
The risk amount ($100) is divided by 2 as there are only 2 golfers sharing one same paying position (10th place). In this case, half of the stake ($50) gets paid full odds, and the other half ($50 as well) is lost
$50 on Ogivly + 350 pays $175 to win, for a total credit of $225.
A bet on any other golfer for TOP 10 that is not tied in 10th place, but yet a winner, will pay full odds for the whole amount wagered.

Scenario #2: Five golfers – including Ogivly – tie for 10th place.
The risk amount ($100) is divided by the number of competitors involved in the “dead heat” (5 golfers) = $20 (divided stake) and multiplied by the number of paying positions (there is only one paying position as it is the last place in which 5 golfers are tied). The remainder $80 of the risk amount are lost.
The divided stake gets paid full odds of the wager as if originally the bet was only for $20. $20 on Ogivly + 350 pays $70 to win, for a total credit of $90.
A bet on any other golfer for TOP 10 that is not tied in 10th place, but yet a winner, will pay full odds for the whole amount wagered.

Scenario #3: Five golfers – including Ogivly – tie for 8th place.
The risk amount ($100) is divided by the number of competitors involved in the “dead heat” (5 golfers) = $20 (divided stake) and multiplied by the number of paying positions (3: 8th, 9th & 10th) = $60. The wager amount to be paid at full odds is $60. The remainder $40 of the risk amount are lost.
$60 on Ogivly + 350 pays $210 to win, for a total credit of $270.
A bet on any other golfer for TOP 10 that is not tied in 8th place, but yet a winner, will pay full odds for the whole amount wagered.

You must be at least 18 years old to set up an account, place bets, or collect winnings.

By placing a wager using Islandcasino Internet software, the customer agrees to all of the rules and polices posted on this Website.

All rules, regulations, and payoffs contained herein are subject to change and revision by Islandcasino without prior notice. Standard Las Vegas rules apply to any rule or wager not covered by the rules and regulations herein.