What is the Kingbets policy on match-fixing and suspicious betting?

Short Answer: Kingbets has a strict zero-tolerance policy on match-fixing and suspicious betting. If there is suspicion of interference with a match result or the formation of odds, Kingbets reserves the right to suspend payments, cancel the bets, and report the matter to the relevant authorities for investigation.

They also closely monitor for syndicate betting and collusion.

1. Suspension of Payments and Bet Cancellation

According to Clause 16 of the Kingbets General Terms and Conditions, in cases of possible interference in the match result (including match-fixing), Kingbets reserves the right to suspend the payments on the event or cancel the bets on the match. This decision may be based on the size, number, and nature of the bets made. The company also takes into account the decisions of governing bodies and regulatory authorities.

2. Reporting to Authorities

The terms state that Kingbets will hand over information on the relevant parties to the appropriate authorities for further investigation and the prevention of similar incidents. Additionally, Clause 21 prohibits Syndicate Betting, which is when a group of individuals acts together to place a bet or series of bets on the same event. Kingbets reserves the right to void all related bets and withhold payment of winnings pending the outcome of an investigation if such activity is suspected.