Rules
betting tips
1. General rules
Tipster Picks team will invite you, as a tipster, to join us in monitoring your sports picks. The rules, regulations, and guidelines for the Tipster Picks are not biased in any way and they are set up in such a way as to benefit all players equally. Our services are not free of charge (see the Join us section).
2. Odds and sports events
Our odds are updated every 10 minutes and are identical with the ones provided by PinnacleSports and Bwin. All tipsters will have the biggest range for sport picks selections (1X2, money line, point spread, Asian handicap, over, under etc.). TipsterPicks.com uses European (decimal) odds.
3. Stakes
All tipsters will be tracked at Tipster Picks based on units. The default stake is set to 1 flat unit for any bet ticket (single or multiples).
4. Bet ticket & action
Any bet ticket could contain one straight (single) bet or one parlay bet. A parlay bet may have maximum 9 selections from the entire Bwin betting offers, but the selections must be from different sport events. Any day begins at 00:00 CET time and ends at 24:00 CET time. Tipsters has the opportunity to place maximum ten bet tickets each day. No pick selection will be accepted after the event starts.
5. The profit calculation
"Won" means that your sports pick event is validated as winner. “Won” = “W”.
"Lost" means that your sports pick event is validated as lost. “Lost” = “L”.
"Tie" means that your sports pick event has been canceled, suspended or abandoned, or the event cannot be validated as Won or Lost (usually when you choose to place the bet ticket on a regular handicap (non-asian) and there were only two possible choices for this event).
If you place a single bet pick on a bet ticket, and your ticket is a "Won", your profit will be: P = S*(odd-1), where: P = profit; odd = the odd of the sports event; S = stake (1 unit).
If you place a single bet pick on a bet ticket, and your ticket is a "Lost", your profit will be: P = -1.
If you place a single bet pick on a bet ticket, and your ticket is a "Tie", your profit will be: P = 0
The same profit calculation is used for a parlay bet ticket.
6. Moving odds (pointspreads/moneylines)
Once a bet ticket is submitted to tipsterpicks.com, it cannot be changed and/or deleted under any circumstances so please be very careful when making your selections. Please be advised that our lines and odds change on a regular basis.
7. Timing issues
Tipsters’ selection picks will be available to the public only after the bet tickets were validated.
8. Password
Each tipster agrees to take appropriate measures in order to protect his/her password. It is in the best interest of the member to guard his/her password and account ID from any unauthorized usage. Tipster Picks will not be held responsible for any unauthorized use of password and should a handicapper lose or feel like there is unauthorized use of his/her password he should contact our site immediately.
9. Internet and technology issues
If, for any reason, www.tipsterpicks.com is not capable of running as planned, including infection by computer virus, bugs, tampering, unauthorized intervention, fraud, technical failures or any other causes beyond the control of www.tipsterpicks.com which corrupt or affect the administration, security, fairness, integrity or proper conduct of the leagues or contests, www.tipsterpicks.com reserves the right at its sole discretion to disqualify any individual who tampers with the entry process and to cancel, terminate, modify or suspend the entrant. www.tipsterpicks.com assumes no responsibility for any error, omissions, interruption, deletion, defect or delay in operation with communications, line failure, theft or destruction or unauthorized access to or allegation of entries. Www.tipsterpicks.com is not responsible for any problem or technical malfunction of any telephone network or lines, computer online systems, servers, equipment or software, failure of any email or entry to be received on account of technical problems or traffic congestion on the Internet or at any web site, phone lines, or any combination thereof, including any injury or damage to a participant's computer related to or resulting from participation in this monitor.
Caution: any attempt by a participant to deliberately damage our web site or undermine the legitimate operation of our monitor is a violation of criminal and civil laws and should such an attempt be made, www.tipsterpicks.com reserves the right to seek damages to the fullest extent permitted by law.
10. Service interruptions
If for any reason, the software is not functioning or the server is down, please contact us via our e-mail. You’ll be able to submit your picks as soon as www.tipsterpicks.com site is fully functional.
11. Bad line entry errors
Please note that we are not responsible for "Bad lines" at www.tipsterpicks.com. If by any chance, we post a bad line, we 100% reserve the right to change it back to the correct line, therefore voiding your bet ticket and make it a "Tie".
12. Errors
As a visitor to our site, or as a register tipster, please contact us via our e-mail and send any errors you might see.
13. Privacy policy
We recognize and respect your right to privacy. Keeping your data safe is our paramount concern. We will keep all of your personal data private and will not disclose this information to any third party unless required to do so by applicable laws and regulations or a court order. We reserve the right to disclose and transfer your personal data to our payment settlement service providers and financial institutions to the extent necessary for the completion of payments if you win money from the contests organized by our website. If you have any questions or comments regarding our policies, please contact us.