Golf

a) Match Bets Scheduled for 36 Holes or Less
If neither player completes one round, all bets on the match, whether open or closed, shall be void.

In the event of a player's withdrawal or disqualification after teeing off in the event, a five stroke victory in the match will be awarded to whichever player has progressed further in the tournament, where progress is measured by full rounds completed.

Where the bet concerns a matchplay tournament, the player whose opponent has withdrawn or been disqualified shall be treated as winning by five holes.

In the event of each player withdrawing or being disqualified during the same round, all bets shall be void, whether open or closed.

Bets on a match involving a player who, for whatever reason, takes no further part in a tournament following the making of the bet shall, whether open or closed, be void.

The maximum make-up in matches scheduled to take place over 36 holes or less is 15 shots. Extra holes are irrelevant for the purposes of match bets, unless stated otherwise (see Condition 16, Enhanced Match Betting).

In an 18-hole match bet, any penalty or disqualification will only affect the settlement of a match bet relating to the round in which it occurs if it is announced before the player tees off in his next round.

b) Match Bets Scheduled for More Than 36 Holes
The same principles governing match bets over 36 holes or less will also apply to match bets over more than 36 holes, except that the margin of victory allocated in the event of withdrawal or disqualification will be ten strokes, provided the bet has not already been settled.

The maximum make-up for matches over more than 36 holes is 25 shots. Extra holes (e.g. play-off holes) are irrelevant for the purposes of match bets, unless stated otherwise.

If either player misses the cut, both players' scores will be doubled at that stage (or adjusted, pro rata, where the number of rounds originally scheduled to be played is other than four). Where a match bet has been settled at the cut stage, it is not affected in any way by the subsequent performance of a player who has made the cut, even in the event of his disqualification. For the avoidance of doubt, this rule will also apply to circumstances where the cut is re-defined after the start of the tournament, which may result in an unequal number of rounds being played by participants in a match bet.

c) Finishing Positions
A player will be deemed to have finished in the exact position that player finished in the field with a maximum make-up of 70.

If a player tees off but subsequently misses the cut, withdraws, is disqualified, or retires prior to the cut then that player's finishing position will make up at 70, unless otherwise stated.

If a player withdraws, is disqualified or retires after the cut then that player's finishing position makes up at the number of players who made the cut with a maximum of 70.

In the event of a player making the cut and not being allowed to participate in subsequent rounds for whatever reason, then that player's finishing position will be settled according to the official result with a maximum make-up of 70

Bets on a player who fails to tee off in his first round shall be void as will all bets, whether opening or closing, on a player who takes no further part in a tournament following the placing of the bet.

If there is a tie, each of the players involved will be considered to have finished in the position for which there was a tie plus 0.5 for each player above 1 player involved in the tie. For example, in a triple tie for 14th place, each of the three players will be considered to have finished 15th, i.e. 14th plus two times 0.5. However, if there is a playoff for first place, that playoff will only count for the purposes of determining the winner. No other ties will be split as a result of that playoff, i.e. in a three-way playoff the eventual winner's finishing position will be 1, and those of the other two will be 2.5, regardless of when they were eliminated in the playoff. Where a market is offered on finishing positions with 'no maximums', a player will be deemed to have finished in the exact position that player finished in the field, with the same settlement rules for ties as above. If a player withdraws or is disqualified, that player will be deemed to finish last of those remaining in the tournament at the time of withdrawal, or at the time of the announcement of the disqualification.

d) Tournament Index
If a player quoted in a Tournament Index does not tee off for his first round, we will apply the spread betting version of Rule 4 outlined in Horse Racing (h) above, based on the midpoint of that player's price at the beginning of the first round. A player who, having teed off, fails to complete a round, withdraws, or is disqualified, will be deemed to have finished last of the players in the index still playing in the tournament.

A player who makes the two-round cut is always deemed to have beaten a player who misses the two-round cut, whatever his subsequent score.

Playoffs will count to split ties for first place only (as in Golf (c) above).

If one or more rounds have been completed, and the prices have been updated, and a player takes no further part in a tournament owing to withdrawal or disqualification, all bets struck on that player at the updated prices, whether open or closed, shall be void.

e) Reduced Tournament
If a tournament is reduced in length then all markets on the tournament relating to the finishing order of the players will be settled by reference to the official result. The winning score and markets relating to the number of times certain events occur during the tournament will be adjusted pro rata.

In the event of a player's withdrawal or disqualification in a reduced tournament, the number of strokes awarded to the winner of a match involving him will be based on the number of rounds originally scheduled, rather than the number of rounds completed.

In the event of the cut being changed from the original set of conditions when a market was first advertised, the original conditions will apply for settlement for all markets. All players who made the original cut, but not the re-scheduled cut, will be deemed to have made the cut.

f) Hotshots
Where a market awards points based on the performance of a group of players in a tournament:

(i) all named players must start the tournament for bets to stand;

(ii) in contrast to Golf (c) above, where points are awarded for a top 10 finish, a player tying for 10th place would receive the full points allocation;

(iii) if a tournament is reduced in length and an official result is declared, then all bets will be settled with reference to that result. If no cut is possible, then the points awarded for all Hotshots making the cut will only be allocated if all named players have been officially placed tied 70th or better. If there is no official result declared, then all bets will be void.