WHAT IS “SPORTS JACKPOT”
The “Sports Jackpot” is a progressive Jackpot with 4 levels in the “Sports” section of VBET, which is formed from the bets in VBET “Sports” section, provided by the Organizer.
By placing qualifying bets for each level the Participant can win each level of Jackpot.
You can participate in the Jackpot draw at all 4 levels with minimum bets corresponding to that level.
Mini, Minor, Major, Mega – 16,960 AMD
Mini, Minor, Major - 4,240 AMD
Mini, Minor - 2,120 AMD
Mini - 424 AMD
- 424 AMD bets have a chance to win only Mini Jackpot.
- 2,120 AMD bets have a chance to win one of these levels: Mini or Minor Jackpot.
- 4,240 AMD bets have a chance to win one of these levels: Mini, Minor or Major Jackpot.
- 16,960 AMD bets have a chance to win one of these levels: Mini, Minor, Major or Mega Jackpot.
The amount of the pre-guaranteed Jackpot of each level is set by the Organizer.
From each placed and calculated real-money bet, a share is transferred to the Jackpot fund from the Organizer’s fund, due to which the Jackpot is progressive.
From each calculated bet, the share from the Organizer’s fund is distributed among the 4 Levels of Jackpot.
Jackpots are won randomly, at the time of calculation of the bet (won/lost). Minimum odds for the qualifying bet - 1.25.
- All users with verified profiles on the Company’s website can participate in Jackpot Draw.
- The Jackpot is formed via calculated bets (won/lost) placed on the Organizer’s website, both in mobile version and mobile application.
- A qualifying bet for the Jackpot draw must be placed on the outcomes of any sporting events under the following conditions:
- Bet Type - Single/Multiple/System
- Bet Market - Live/Pre-match
- Min. Bet Amount by levels:
- Mini - 424 AMD
- Minor - 2,120 AMD
- Major - 4,240 AMD
- Mega - 16,960 AMD
- Bet Outcome - Won/Lost
- Min. Odds of the Bet - 1.25
- Min. Odds of each selection of the Multiple/System Bet - 1.25.
- Only participants who place bets on real money can participate in the Jackpot draw.
- Bets with Full or Partial Cash Out features are not counted as eligible and cannot participate in the Jackpot Draw.
- The Participant can’t win the Jackpot in case a bet is calculated with “1” odds.
- After winning a Jackpot, a new one is being accumulated for a corresponding level. The Company guarantees an initial minimal prize pool and sets the amount of the prize pool.
- The Jackpot winnings will be transferred to the individual gaming accounts of the participants immediately after the registration of the winnings.
- Participants can see the Client ID of the Participant who has won the last and the biggest Jackpot.
- Each Jackpot draw participant confirms having read and accepted these terms and conditions.
- The General Company Тerms and Conditions apply.