Beluckytote operates what is known as a pooled bet system.

• Pooled betting differs from fixed odds betting in that the final payout is not determined until the wagering has closed, usually just before the event takes place.
• The better does not know how much he/she stands to win at the time of placing the bet.
• The payout is calculated according to the number of bets placed and the amount of money in the pool.

BeLuckyTote is fun and special because it allows the user to create the bet.  In order for the system to work however, each bet must be validated to make sure it makes sense and that the outcomes are reasonable.  This is achieved by the use of our unique validation process which checks each and every bet before it is published to the world and also validates bet results in the case of disputes. 

Bet creation

 When you create your new bet, we check it for you to make sure everything is tickety boo.

The flow chart below shows you how we validate new bets:

Bet results

When your bet is over, you supply the results - this must be done within 24 hours.  If you fail to do this, we will try to give the result on your behalf and your commission will drop to 1% (if we cant give the result, we refund everyones money).

Anyone who has placed money on your bet then has just 24 hours to dispute your result (hopefully, this wont happen too often for you!).

The flow chart below shows how we validate the results: