TIPSTER COMPETITION RULES

Oddspedia is all about playing fair. Please respect the following Competition Rules (the “Rules”), respect other Tipsters and play fair. Tipsters who do not follow the Rules could be penalised as deemed appropriate by the Website staff (see the Breach of Rules section below for further details).

These Rules are to be read in conjunction with the Oddspedia Terms and Conditions that can be found here, and where there are any inconsistencies in relation to the conduct of the Competition, these Rules shall prevail.

The Organiser of the Competition

MMV Media Ltd (the “Organiser”, “we”, “us”, “our”) is the organiser of the Online Tipster Competition (the “Competition” ) on the oddspedia.com website (the “Website”)

Eligibility

To participate in the Competition organised by the Website, the participant (the “Tipster”, “you”, “your”) must be over 18 years old (21+ for the US and Canada). Employees, their families, agents, businesses, or anyone professionally connected with the Organiser is excluded from participating in this Competition.

The Competition is only open to residents of permitted countries (and/or states). Depending on the legal restrictions in your country of residence, you may not be eligible to participate or receive any cash prizes.

The countries and territories eligible to participate in the Competition may change occasionally to comply with applicable laws, regulations, regulatory requirements, guidelines, and industry codes of practice. However, it is your responsibility to keep informed on the laws and regulations applicable to you, depending on your country of residence.

By participating in the Competition, Tipsters agree to the Competition Rules and the Privacy Policy, both posted on the Website. 

Participation Guidelines:

No purchase or payment is necessary to participate in the Competition.

Entry is made online only via the Website, and you must first register with the Website to post tips.

Only one Tipster account is allowed per household. In the case of multiple entries, only the first active account qualifies for prizes. Other tipster logins will be deactivated, and all connecting information will be deleted. Any submissions made under these accounts before they are deactivated will be disqualified.

Tipsters must have a positive profit at the end of each month to be eligible for any prizes.

All Tipsters are automatically eligible for the Yearly Tipster Competition, which rewards the top Tipsters over 12 months, regardless of which language version of the site you post on. The winner is crowned World Tipster Champion. 

Technical Rules:

  1. Newly created tips will automatically qualify for the Yearly and Monthly Competitions by default.
  2. The monthly tipster competition starts on the 1st of the month at 00:00:00 UTC and closes at 23:59:59 UTC on the last day of the calendar month. Only games that finished in this period are included in the competition.
  3. The final ranking list will be published/updated 48 hours after the competition ends.
  4. The 2023/2024 yearly tipster competition starts on December 1st at 00:00:00 UTC and closes at 23:59:59 UTC on June 30th.
  5. Only single tips are allowed for the competitions. Single bets on the same market are also prohibited,
  6. Stake Limit: WEF 1st May 2024. The total amount you can wager on the same match is now limited to 10 units.
  7. Daily Tips: WEF 1st May 2024, you can only make up to 30 tips per day. The reset time for the daily limit is UTC -8.
  8. To be eligible for a prize, tipsters must have at least ten(10) single tips and positive profit.
  9. Once a tip has been submitted, it cannot be amended or modified in any way.
  10. In the event of disputes over tips, the market selection on the tip is final. Always make sure your tip analysis correctly explains your prediction.
  11. The “Organiser” reserves the right to void tips if sports event data was incorrect during the tips process.
  12. Only one tip is allowed per market on a sports event. Single bets on the same market are also prohibited.
  13. The maximum stake allowed on any event is 10 units, with a minimum of 1 unit.
  14. The permissible unit stake size varies according to the odds of a given tip. Refer to the table below for allowed stakes across specific odds ranges:
Decimal OddsFractional Odds American Odds Max Bet 
Odds < 2.5Odds < 6/4Odds < +15010 Units
2.5 ≤ Odds < 2.756/4 ≤ Odds < 7/4+150 ≤ Odds < +1759 Units
2.75 ≤ Odds < 37/4 ≤ Odds < 2/1+175 ≤ Odds < +2008 Units
3 ≤ Odds < 4 2/1  ≤ Odds < 3/1 +200 ≤ Odds < +300 7 Units
4 ≤ Odds < 53/1 ≤ Odds < 4/1+300 ≤ Odds < +4006 Units
5 ≤ Odds < 64/1 ≤ Odds < 5/1+400 ≤ Odds < +5005 Units
6 ≤ Odds < 8 5/1 ≤ Odds < 7/1 +500 ≤ Odds < +700 4 Units
8 ≤ Odds < 107/1 ≤ Odds < 10+700 ≤ Odds < +9003 Units
10 ≤ Odds < 209/1 ≤ Odds < 19/1+900 ≤ Odds < +19002 Units
Odds > 20Odds > 19/1Odds > +19001 Unit

Monthly Tipster Competition Prizes:

Prizes for the Tipsters of the month will be allocated according to the participant's position on the leaderboard. The Competition prizes are as follows:

  • 1st place: 350 €
  • 2nd place: 200 €
  • 3rd place: 125 €
  • 4th place: 60 €
  • 5th place: 50 €
  • 6th place: 40 €
  • 7th place: 30 €
  • 8th place: 20 €
  • 9th place: 15 €
  • 10th - 20th place: 10 €

Yearly Tipster Competition Prizes:

  • 1st place: 1000 €
  • 2nd place: 500 €
  • 3rd place: 350 €
  • 4th place: 250 €
  • 5th place: 150 €
  • 6th place: 100 €
  • 7th place: 60 €
  • 8th place: 50 €
  • 9th place: 30 €
  • 10th - 19th place: 20 €
  • 20th - 50th place: 10 €

The prizes are non-transferable and non-exchangeable. In the event of unforeseen circumstances, the Organiser reserves the right to substitute the prizes for an alternative of equal or greater value.

Determining the Winner

Your ranking on the leaderboard depends on the number of units (profit) generated during the Competition cycle. The units are rewarded in the following way:

  • A stake (1 – 10 units) is selected when a tip is created.
    • If the tip wins, returns are calculated (Stake x Odds - e.g., 10 units at @6.00 = 60 units returns).
    • If the tip loses, the bet amount is deducted from the total (e.g., 10 units staked and lost = -10 in profit).
    • All tips (won and lost) accumulate throughout the competition cycle for a running total.
  • At the competition cycle's end, the final standings are displayed on the leaderboard, ranking Tipsters based on accrued units from winning tips.
  • In the rare event of two or more Tipsters finishing with the same profit, prizes are combined and evenly split. For example, if two Tipsters take up 4th (€60) and 5th (€50) place on the leaderboard, they will each receive an equal share of the combined 4th and 5th place prizes (€55 each).

Notifying the Winner and Prize Delivery

If you are a winner in one month, you will be contacted by the 3rd of the next month via email and you will be required to respond and complete the below verification process in order to accept your prize. This information must be received NO LATER THAN the 9th of the month before 23:59 CET. Any data given after this deadline will not be accepted and will result in your prize being forfeited. All payments are processed within five (5) business days from the deadline to provide your data.

The Organiser will make all reasonable efforts to contact the winning Tipster by email. If the winner cannot be contacted, is not available within 10 days, or it is found that they are ineligible for the prize, the Organiser reserves the right to offer the prize to the next eligible Tipster on the leaderboard.

All payments are made via PayPal only. There is no option for a Tipster to be paid in another way. Please check here if PayPal provides services to your country. If you don’t have a PayPal account, you can open one now here, it’s FREE!

The prize money may be taxable depending on the applicable laws in your country of residence. It is your own responsibility to report the winning amount to the tax authorities in your own country if you are required to do so. If there is an obligation on the part of the Organiser, it will be taken care of before the relevant Tax authorities in accordance with applicable laws.

Verification

When making payments to any winning Tipsters, we must ensure that we are contacting, and paying, the correct users. Therefore, if you are among the prize winners, we will send you a link to the prize winner registration form where you can enter your payment details. We will ask you for the following details:

1.    Name

2.    Address (street name, city, zip code, country)

3.    Telephone contact number

4.    Your username on the Website

5.    E-mail address

6.    Paypal Email account

7.    Identity Card (Copy of Passport, Driving Licence with a visible date of birth)

The Organiser reserves the right to withhold any prizes unless and until it is satisfied with the verification of the Tipster. Any personal data will be used exclusively to hand out winnings and is provided with your consent. For more information how we handle personal data, please read our Privacy policy.

Leaderboards

The prize pool, your current ranking, and the value of the prizes for best-ranked tipsters can be checked on the corresponding Monthly Tipster Competition and Yearly Tipster Competition pages.

Tips posted across all the active Competitions on the Website will be automatically ranked on the Yearly Tipster Competition leaderboard, and considered for an annual Competition prize pool, which can be also checked on this leaderboard.

Personal data 

The Organiser is a data controller which will process the personal data of the Tipsters in accordance with the Privacy Policy

By participating in the Competition, you acknowledge and agree that the Organiser may collect, process and store your personal data, including, your first name, surname, username used on our Website, email address, home address, PayPal Email account, passport or other identification documents.

The Organiser will use this information for the purposes of administering the Competition and your relationship with the Organiser in connection with the Competition. Any additional information obtained from you as a winner of the Competition will be used for the purposes of validation of your information, the transmission/delivery of prizes, fulfilment of our legal and regulatory obligations, and ensuring that you have satisfied legislative requirements regarding the threshold age for gambling and participating in the Competition.

The Organiser may also use your personal data to communicate with you in relation to your participation in the Competition or for marketing communication purposes for which you have opted in to receive. You may unsubscribe from any marketing communications by contacting the Organiser via the contact details listed in the Privacy Policy.

Personal data may also be collected and stored by our business partners involved in the provision of the gamification service displayed on the Website.

If you are the winner, we may publish your name, surname,username and country of residence on our Website in order to contribute to the transparency of the Competition. And also to comply with the advertising-related legislation and recommendations. You agree that the Organiser may use your name, surname and/or username to announce the winner of the Competition and for any other reasonable and related promotional purposes.

Please review our Privacy Policy in order to get acquainted with more details about processing your personal data, with whom we share the personal data, and your rights along with our obligations under the data protection rules.

Breach Of Rules

Any content or comments posted on the Website using abusive, racist, sexist or homophobic language, intentionally provocative or otherwise discriminatory language is strictly prohibited and will not be tolerated. Any attempt to exploit the Website system is forbidden.

The Organiser reserves the right to remove any tips or content that we determine at our sole discretion to contain any prohibited language or that we deem to be plagiarised or otherwise has been used to gain an unfair advantage over other Tipsters.

Depending on the severity of the breach of these Rules, the Organiser further reserves the right to issue warnings about conduct, provide temporary bans or permanently ban you from participating in the Competition and/or delete your account entirely.

The extent of such sanctions will be is determined by the severity of the offence and if the Tipster is a repeat offender. Cases are judged on individual merit and decisions made by the Organiser are final and should be respected.

Any other issues or doubts which have no clear guidelines in the above terms and conditions will be dealt with at the discretion of the Organiser.

General Terms and Conditions   

It is your responsibility to understand the laws applicable to you in your relevant country, state, city and/or town and to comply with the same in relation to entry into this competition.

The “Organiser”, its agents, or distributors will not, in any circumstances, be responsible or liable to compensate the winner or accept any liability for any damage, loss, personal injury or death suffered by any entrant entering the Competition or as a result of accepting or participating in any prize. Nothing shall exclude the Organiser’s liability for death or personal injury as a result of its negligence.

If, for any reason, the Competition is not capable of running as planned for reasons including but not limited to tampering, unauthorised intervention, fraud, technical failures or any other causes beyond the control of the Organiser which corrupt or affect the administration, security, fairness, integrity or proper conduct of this Competition, the Organiser reserves the right (subject to any written directions given under applicable law) to disqualify any individual who tampers with the entry process and to terminate, modify or suspend the Competition.

If an act, omission, event or circumstance occurs which is beyond the reasonable control of the Organiser and which prevents us from complying with these terms and conditions, the Organiser will not be liable for any failure to perform or delay in performing its obligation.

By entering this Competition, all participants will be deemed to have accepted and be bound by these terms and conditions. All Competition entries and any accompanying material submitted to the Organiser will become the property of the Organiser on receipt.

The Organiser’s decisions are final and binding in all matters relating to this Competition, and no correspondence shall be entered into. If there is any reason to believe that there has been a breach of these terms and conditions, the Organiser may, at its sole discretion, reserve the right to exclude you from participating in the Competition. The Organiser reserves the right to hold, void, suspend, cancel or amend the Competition where it becomes necessary to do so.

The Terms and Conditions of this Competition shall be interpreted and applied on the basis of English Law, and the Courts of England and Wales shall have exclusive jurisdiction.

Request For Clarification/Complaints

We hope all Tipsters find these conditions fair and suitable. Should you have any questions, please do not hesitate to contact us.

Endnotes

We reserve the right to make changes to the rules of the Competition at our sole discretion and will notify users of any significant changes by making a post on the Website.

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