Welcome!
Please read the
following terms and conditions carefully.
This agreement describes the terms and conditions applicable to the use of the
website and account wagering services provided by Thoroughbets.com. By using
our website and wagering system you accept all of the terms and conditions
contained herein. The use of this website is subject to all applicable State
and Federal regulations. If you do not agree with these terms and conditions
and legal notices, do not use this web site or our wagering platform.
ACCOUNT
INITIATION REQUIREMENTS
To establish and/or
maintain a wagering account, applicant must:
·
Deposit $25 or more into your Thoroughbets.com account. This is
not a subscription fee. This is a requirement of the State of Oregon, where Thoroughbets.com
is licensed.
·
Provide the following personal information: full legal name,
phone number, email address, residence address, mailing address (if different),
social security number, driver's license number and state, and any other
information that may be required.
·
Have read and agreed to abide by all of the Terms and Conditions
set forth by Thoroughbets.com.
·
Allow Thoroughbets.com to use third party services to
authenticate your account information. All information used to authenticate
your account is kept completely confidential.
·
Agree to pay all charges posted to your Thoroughbets.com
account.
·
Allow Thoroughbets.com to open an advance deposit wagering (ADW)
account in your name and to manage funds on your behalf.
·
Notify Thoroughbets.com immediately about any change of address.
·
Refrain from wagering if you relocate to any state or country
that does not allow pari-mutuel wagering.
·
Acknowledge that Thoroughbets.com reserves the right to report
unusual or suspicious activity to the proper authorities.
Only one account per
verified person will be allowed. Thoroughbets.com reserves the right to reject
any application for an account for any reason it deems necessary. Thoroughbets.com
also reserves the right to close an account for any reason it deems necessary.
Upon closing an account, all funds will be returned to the account holder via
check mailed to the registered account address within five (5) business days.
Thoroughbets.com may
close accounts which have been inactive for at least six (6) months. If any
account is inactive for a period of nine (9) months or more, Thoroughbets.com
will charge a monthly account maintenance fee of $2.00. When the balance in the
account reaches $0.00, the account will be closed. The account may only be
reactivated with the deposit of $25.00 or more.
ACCOUNT
PROCEDURES:
WAGERING,
DEPOSITS, WITHDRAWALS
WAGERING
Go to www.Thoroughbets.com
and sign in using your unique username and password. Thoroughbets.com Players
may also use the following phone number to place wagers, check on account
status or access player services at anytime between 9:00am to 12:00am Eastern.
Thoroughbets.com
employs strict privacy and protection methods in order to ensure the highest
level of wagering security and integrity. Thoroughbets.com accounts may only be
accessed by the registered account holder using their unique, valid login
information (username, password, etc.)
The maximum wagering
amount allowed is $2,500 (US) per transaction. The maximum show wager amount is
$5,000 (US). The wagering amounts are also dependent on the host racetrack and Thoroughbets.com
rules. All wagers are commingled with wagering pools at the host racetrack and
will be subject to host racetrack restrictions. In the case of multiple wagers
such as a daily double or an exacta box, the base wager is multiplied by the
number of combinations to determine the amount of the total wager. Wagers will
only be accepted that do not exceed the current balance of players' respective
wagering account. All approved wagers will be withdrawn from the account
holder's wagering account prior to submission of the wager. Winning wagers will
be credited to the account holder's Thoroughbets.com account upon posting of official
results by the respective host racetrack.
Thoroughbets.com
reserves the right to refuse any wagering transaction for any reason. Any and
all wagers placed from non-wagering jurisdictions will not be accepted.
Under certain
circumstances Thoroughbets.com may operate separate wagering pools from the
host racetrack. Separate pools will be subject to rules and regulations of the
Oregon Racing Commission.
Once a wager is
submitted, confirmed and accepted, refunds and/or cancellations are NOT permitted. Once confirmed by the Thoroughbets.com
wagering system, ALL WAGERS ARE FINAL.
If for some reason we are unable to commingle your wager with the host
racetrack wagering pool, your wager will be refunded to your account.
Requested wagers that
are unsuccessful, ineffective or non-permissible for any reason (including any
and all track errors, tote malfunction, communications failures, etc.) will be
canceled and the full wagered amount will be refunded to your account.
DEPOSITS
Deposits can be made by
phone, website, mail or in person. A minimum deposit of $25 is required to
establish an account with Thoroughbets.com.
By Phone: Use your Visa or Mastercard to fund your wagering
account by phone. Be advised that some banks may charge a cash advance fee on
credit cards. Please check with your bank for details. Generally, there are no
cash advance fees when you use a debit card. Many credit/debit card issuers
(banks) restrict online wagering transactions. In addition, a charge of 3.98%
fee is applied for credit/debit card transactions. Funds deposited via credit
card cash advance will be made available for use immediately. Credit card cash
advance transactions processed by our Player Services center over the phone
will incur a fee of 4.5% which will be added on to the amount requested for the
cash advance. To make a credit card cash advance deposit, please call customer
service at anytime between 9:00am to 12:00am Eastern.
By Website via EZmoney:
Thoroughbets.com' FREE method for depositing funds. Transfer funds electronically
between your checking/saving/money market account and your wagering account.
For more information see the EZmoney FAQ
page.
By Mail: Personal
checks are accepted via mail. Personal checks will be credited to a player's
account as soon as the personal check has cleared the banking system. This
typically takes 5 - 7 business days. Personal checks returned for any reason
will result in a $25 charge to a player's account. Please mail all personal
checks (for account deposit) to:
Thoroughbets.com
P.O. Box 8510
Lexington, KY 40533-8510
Other Deposit
Methods: Deposits can be made via wire transfer. Wire transfers will be
funded to a player's account upon receipt of funds by Thoroughbets.com from the
issuing bank. Funds must be wired from a bank account that is held in the same
name as the Thoroughbets.com account holder. Any fees incurred by Thoroughbets.com
to process and receive the wire transfer will be charged to the account holder
by having funds deducted from the player's Thoroughbets.com account. If you
would like to fund your account via wire transfer, please call customer service
at anytime between 9:00am to 12:00am Eastern. All wire transfer transactions
must be completed during regular banking hours.
In the event of any dishonored financial instrument or transaction, Thoroughbets.com
may start collection procedures including, but not limited to, employing
collection agencies and credit reporting agencies in an effort to collect any
fees, charges or expenses incurred due to dishonored financial instruments from
the responsible account holder.
Thoroughbets.com
players may check account balances by logging onto www.Thoroughbets.com
or by calling our customer service center at anytime between 9:00am to 12:00am Eastern.
Thoroughbets.com player
account balances accrue no interest.
Thoroughbets.com
reserves the right to amend this policy or enforce additional deposit rules and
regulations at any time and at its sole discretion.
WITHDRAWALS
Withdrawal requests
will be processed within five (5) business days after receipt of the withdrawal
request. Withdrawal requests can be made by phone or in person. The
availability of funds is subject to funds available in the player's account. We
hope to offer you this feature shortly.
By Phone: Withdrawals
may be requested via phone by calling our customer service at anytime between
9:00am to 12:00am Eastern. Withdrawal requests can only be made by the account
holder and upon verification of the account holder's identity. Withdrawal
requests made via phone will be processed by check mailed to the registered
account holder's address on record and will be mailed within five (5) business
days of receiving the request.
By Website via EZmoney:
Thoroughbets.com' FREE method for depositing funds. Transfer funds
electronically between your checking/saving/money market account and your
wagering account. For more information see EZmoney FAQ page.
OTHER
NOTICES OF INFORMATION
TAX REPORTING AND
WITHHOLDING
In keeping with all
Federal Tax Laws set forth by the Internal Revenue Service (IRS), any wager
that results in winnings of $600.00 will be reported to the IRS, if the amount
of winnings is at least 300 times the original amount wagered. Any wager
resulting in winnings over $5,000.00, is subject to reporting and withholding
if the amount of winnings is at least 300 times the original amount wagered.
When required, Thoroughbets.com will report and withhold winnings. A Form W2-G
will be sent to the account holder summarizing such activity.
LIABILITY LIMIT
Except where provided
otherwise by the Oregon Racing Commission, in no event will Thoroughbets.com,
Churchill Downs Technology Initiatives Company or its parent and affiliates, or
our suppliers be liable for lost profits or any special, incidental, exemplary,
punitive or consequential damages arising out of or in connection with our
services (however arising, including negligence). However, our liability to you
and any third parties in any circumstance is limited to the amount of the wager
you placed or limited to the fullest extent allowable by applicable law or
statute.
DISPUTES/GOVERNING LAW
These Terms and
Conditions and all transactions conducted with Thoroughbets.com are governed by
the laws of the State of Oregon. By using our website and wagering system you
consent to the application of Oregon law governing account wagering. Any
disputes or claims alleging non-payment will be resolved according to the rules
issued by the Oregon Racing Commission.
PLAYER SERVICES,
INFORMATION & HELP
Any questions or
requests regarding player services, account settlements or issues, wagering
disagreements, general information, etc. should be directed to Thoroughbets.com
customer service at anytime between 9:00am to 12:00am Eastern. Please note: all
player services inquiries will be monitored and recorded for player protection.
By virtue of opening an account, the individual is consenting to the recording
and the use of an identify verification agency.
ACCOUNT SAFETY,
SECURITY AND PLAYER RESPONSIBILITIES
Accounts are for the
personal use of the account holder. The account holder is responsible for
maintaining the secrecy of the account number and secure personal
identification number. Except where Thoroughbets.com' account wagering center
or its employees or agents act without good faith or fail to exercise ordinary
care, Thoroughbets.com is not responsible for any loss arising from the use by
any other person or persons of an account holder's account. The account holder
must immediately notify Thoroughbets.com of a breach of the account's security.
As a Thoroughbets.com
account holder, you can help minimize account problems or issues by:
1) Always keeping your
account number in a safe, reliable place that is easily accessible to only you;
2) Memorizing your Personal Identification Number and keeping a back up in a
safe and secure place;
3) NEVER leaving any
computer logged on to your Thoroughbets.com account for any reason (always sign
out when leaving your computer unattended for any amount of time); and
4) Contacting Thoroughbets.com immediately with any security or personal
account issues either by phone at anytime between 9:00am to 12:00am Eastern or by
email.
LINKING TO THIRD PARTY
WEB SITES FROM Thoroughbets.com
Thoroughbets.com may
contain links to outside websites. Neither Thoroughbets.com nor Churchill Downs
Technology Initiatives Company or its parent and affiliates are responsible for
outside (third party) sites' privacy and security measures, policies and
guidelines. When clicking through to an outside (third party) site from www.Thoroughbets.com,
please be sure you understand each sites' own privacy and security guidelines.
USE OF EQUIBASE DATA
AND PRODUCTS
The data used to create
the Equibase Products and the TrackMaster® Products are proprietary to and are
copyrighted by Equibase Company LLC and Axcis Information Network, Inc.
respectively. Unauthorized copying of such data, including modifications
thereof, or the creation of programs or products in which such data have been
merged or included with other data programs or products, for distribution to
third parties, whether gratuitously or for sale, is expressly forbidden. You
may be held legally responsible for any proprietary or copyright infringement
that is caused or encouraged by your failure to comply with these Terms and
Conditions of Use.
You may NOT transfer
the Equibase or TrackMaster® Products from one computer to another. You may not
distribute copies of the Equibase or TrackMaster® Products to third parties.
You may not create derivative works based upon the Equibase or TrackMaster®
Products.
The Equibase and
TrackMaster® Products are for your use only and may not be transferred to
anyone else. In no event, may you transfer, assign, rent, lease, sell, or
otherwise dispose of the Equibase or TrackMaster® Products on a permanent or
temporary basis except as expressly provided for herein.
If you breach any of
these Terms and Conditions of Use, Equibase and/or Thoroughbets.com, in
addition to pursuing any other legal remedies available to them, may
immediately terminate your right to access the Equibase and TrackMaster®
Products.
Your purchase of the
Equibase and TrackMaster® Products indicates your acceptance of these Terms and
Conditions of Use.
LIVE VIDEO & RACE
REPLAYS
Thoroughbets.com offers
live video streaming to follow your favorite tracks online. With FREE Windows Media Player , you can view all of Thoroughbets.com
live racetrack video feeds. Handicap the races, check live odds, place your
bets, and watch the action unfold right on your computer screen! (Live video
streaming is not available to New York customers due to restrictions enforced
by the New York State Racing and Wagering Board.)
Beginning January 1,
2008, in order to protect our regular customers who use the system to wager and
view the races, we will be implementing the following policy:
Video streaming will be
available for those account holders who have wagered:
1) A minimum of $50 in
the last 5 days you have accessed the video system or,
2) A minimum of $50
during the last 5 calendar days or,
3) A minimum of $100
wagered during the previous 30 calendar days or,
4) A minimum of $600
wagered during the previous 90 calendar days or,
5) A minimum of $5,000
during the previous 360 calendar days.
Viewing will be
restricted until any of the minimum requirements are met. The account will then
be automatically updated and the restriction will be lifted. The wagers
accumulate for telephone and internet service.
Players who meet the minimum requirements will
not see any changes. For occasional visitors who do not meet the minimum
requirements, a notice will appear with instructions to restore viewing
privileges.
Please note: Race
replays are a part of the policy above. Players must meet wagering minimums to
see
either replays or live video.
INDEMNIFICATION
You agree to defend,
indemnify and hold harmless Thoroughbets.com, its parent and affiliates,
including Churchill Downs Technology Initiatives Company and its parent and
affiliates, its suppliers and contractors and each of their respective
officers, directors, employees and agents, from and against all claims, losses,
damages, liabilities and costs (including but not limited to attorneys' fees
and court costs), arising from or relating to your breach of these terms and
conditions. This indemnification shall survive the termination of your Thoroughbets.com
account.
RESTRICTIONS
You must be at least 18
years of age (except Washington residents must be at least 21 years of age) and
a resident of a state where the Thoroughbets.com wagering system is available. Thoroughbets.com
reserves the right to deny the request to open an account or to close an
account for any reason.
WAGER RESPONSIBLY
Be Smart - Bet Smart -
Wager Responsibly
For many people, betting on the horses is exciting and entertaining. They make
thoughtful decisions about spending time and money.
Here are some tips to follow in order to wager responsibly:
·
Balance playing the horses with other leisure activities.
·
Play the horses for entertainment, not as a way to make money.
·
Do not "chase" losses. Accept them as the cost of
entertainment.
·
Use extra income to wager, not money needed for everyday
expenses.
·
Set a time limit.
Responsible wagering is
what most people practice on a daily basis. For some, however, wagering or
gambling becomes a serious problem that they are unable to control. This can
lead to a state of compulsive or pathological gambling. Pathological gamblers
cannot resist the temptation to gamble; they cannot stop regardless of their
jobs, families or anything else.
How can you tell if you
or someone you know has a gambling problem?
1. Have you often
gambled longer than you had planned?
2. Have you often gambled until your last dollar was gone?
3. Have thoughts of gambling caused you to lose sleep?
4. Have you used your income or savings to gamble while letting bills go
unpaid?
5. Have you made repeated, unsuccessful attempts to stop gambling?
6. Have you broken the law or considered breaking the law to finance your
gambling?
7. Have you borrowed money to finance your gambling?
8. Have you felt depresses or suicidal because of your gambling losses?
9. Have you been remorseful after gambling?
10. Have you gambled to get money to meet your financial obligations?
If you or someone you
know answered yes to any of these questions and needs help for a gambling
problem, call today.
1 -800-GAMBLER (1-800-426-2537)
Help is available 24
hours a day....every day.
www.gamblersanonymous.org
Legal Notices

This web site is provided the terms and conditions of this web site and all
applicable laws. By accessing and browsing the web site, you accept, without
limitation or qualification, these terms and conditions and acknowledge that
any other agreements between you and Thoroughbets.com regarding the subject
matter hereof are superseded and of no force or effect.
Use of documents from
this web site is for informational and non-commercial or personal use only and
may not be copied or posted on any network computer or broadcast in any media,
and modifications of any documents may not be made. Use for any other purpose
is expressly prohibited by law, and may result in severe civil and criminal
penalties. No logo, graphic, sound or image from the Thoroughbets.com web site
may be copied or retransmitted unless expressly permitted by Thoroughbets.com.
Images of people or
places displayed on the Thoroughbets.com web site, or in related materials such
as advertising or other printed materials, are either property of, or used with
permission by Thoroughbets.com. The use of these images by you, or anyone else
authorized by you, is prohibited unless specifically permitted by these terms,
specific permission is provided elsewhere on the web site, or specific
permission is granted by Thoroughbets.com.
Thoroughbets.com makes
no representations about the completeness, accuracy, timeliness, continuity,
appropriateness, and suitability for any purpose, of any information contained
in the documents and related graphics published on this web site. All such
documents and related graphics are provided "as is" without warranty
of any kind. In no event shall Thoroughbets.com be liable for any special,
incidental, punitive, indirect, or consequential damages or any damages
whatsoever resulting from the use, or loss of use, of the service, the cost of
procurement of substitute goods and services resulting from any goods, data,
information or services purchased or obtained or messages received or
transactions entered into through or from the service, unauthorized access to
or alteration of your transmissions or data, statements or conduct of any third
party on this service, or profits, whether in an action of contract, negligence
or other tortuous action, arising out of or in connection with the use of the Thoroughbets.com
web site, provision of or failure to provide services, or information available
from this web site.
The documents published
on this web site may include inaccuracies or typographical errors, and may be
provided by third parties. While the information contained herein is believed
to be accurate, Thoroughbets.com will not be responsible for any errors or
omissions. Thoroughbets.com makes no commitment to update any of the
information contained on the Thoroughbets.com web site.
Data provided or
compiled by Equibase Company LLC generally are accurate but occasionally errors
and omissions occur as a result of incorrect data received from others,
mistakes in processing and other causes. Churchill Downs Technology Initiatives
Company, Bloodstock Research Information Services, BrisNET, and Equibase
Company LLC disclaim responsibility for the consequences, if any, of such
errors, but would appreciate having any such errors called to their attention.
Any data, questions,
comments, or suggestions for features or services you transmit or post may be
used by Thoroughbets.com, without any compensation to you, for any purpose,
including but not limited to, reproduction, disclosure, transmission,
publication, broadcast, and product enhancement.
Thoroughbets.com has
published its Privacy policies elsewhere on the Thoroughbets.com web site,
which govern the handling of your personal information.
The Thoroughbets.com
web site may provide links, which will let you leave the Thoroughbets.com web
site. These linked sites are not under the control of Thoroughbets.com and Thoroughbets.com
is not responsible for the contents of, or any changes or updates to such web
sites. Thoroughbets.com is providing these links to you only as a convenience,
and the inclusion of any link does not imply endorsement of such sites by Thoroughbets.com.
Thoroughbets.com shall
not be liable to you for failure to provide services in the event any
equipment, service or transmission can not be provided by Thoroughbets.com or
its contractors, due to an act of God, fire, epidemic, casualty, act or
decision of a governmental authority, injunction, technical difficulties,
failure of communications or electrical or telephone transmission lines or
facilities, or any similar or dissimilar cause beyond the control of Thoroughbets.com,
its contractors, representatives or agents.
Should any of the
provisions of this agreement be held by a court, or a tribunal of competent
jurisdiction, to be unenforceable, such provisions shall be limited or
eliminated to the minimum extent necessary so that this agreement shall otherwise
remain in full force and effect.
You agree not to
reproduce, duplicate, copy, sell, resell or exploit for any commercial
purposes, any portion of the information contained herein. Data provided by
third parties in conjunction with the Thoroughbets.com web site may be subject
to separate copyright restrictions, which also must be honored by you.
You agree to defend,
indemnify and hold harmless Thoroughbets.com, its affiliates and assignees and
their respective officers, directors, employees and agents from and against any
and all claims, actions, demands, damages, costs, liabilities, losses and
expenses (including reasonable attorney's fees) arising out of your use of the
web site.
As a condition of your
use of the Thoroughbets.com web site, you warrant to Thoroughbets.com that you
will not use the Thoroughbets.com web site for any purpose that is unlawful or
prohibited by these terms, conditions, and notices. You may not use the web
site in any manner, which could damage, disable, overburden, or impair the web
site or interfere with any other party's use and enjoyment of the web site. Any
conduct that in Thoroughbets.com' sole discretion restricts or limits any other
user's use or enjoyment of the web site will not be tolerated, and is
sufficient cause for termination of service without notice. You may not obtain,
or attempt to obtain, any materials or information through any means not
intentionally made available or provided for through the Thoroughbets.com web
site.
Thoroughbets.com shall
have the right, but not the obligation, to monitor the content, and your usage
of the Thoroughbets.com web site, to determine the compliance with the terms of
use and any other operating rules established to satisfy any law, regulation,
or authorized government request.
We reserve the right to
make changes to our web site and these disclaimers, terms and conditions at any
time, which changes shall become effective immediately upon posting on the web
site.
Thoroughbets.com
reserves the right in its sole discretion to revoke any or all access and use
authorizations granted to you. Your authorization to use the Thoroughbets.com
web site automatically terminates without notice if in Thoroughbets.com' sole
discretion you fail to comply with any of these terms of use.
Any rights not
expressly granted herein are reserved by Thoroughbets.com. These terms and
conditions may be revised without notice, and such revisions are deemed to be
in full force and effect upon posting at the Thoroughbets.com web site.