Betting Clause Samples
The Betting clause defines the rules and restrictions regarding wagering or gambling activities within the scope of the agreement. It typically outlines whether betting is permitted, prohibited, or subject to specific conditions, and may specify the types of bets covered or the parties involved. This clause serves to clarify the legal standing of betting-related actions, helping to prevent disputes and ensure compliance with applicable laws or organizational policies.
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Betting. USBC recognizes wagering on bowling, Olympic, Paralympic, and other USBC or USOPC events and on athletes where they are participating, for example Calcuttas may be legal and regulated in the State of Nevada and in a number of foreign jurisdictions. At the same time, it is critical to the avoidance of actual and/or apparent conflicts of interest and to the overall integrity of bowling and the Olympic movement that no person involved in USBC Team USA promote, support, or otherwise engage in wagering on bowling or Olympic Wagering. Thus you must at all times refrain from directly or indirectly:
1) Engaging in bowling or Olympic wagering;
2) Promoting bowling or Olympic wagering;
3) Facilitating or otherwise supporting bowling or Olympic wagering;
4) Knowingly sharing confidential athlete, team, or competition information with a person or entity involved in bowling or Olympic wagering; or
5) Attempting to influence the course or result of any competition in connection with bowling or Olympic wagering. If anyone approaches you about engaging in items 2-5 above, you have an obligation to disclose this. The sanction for violation against this rule may be up to two years suspension.
Betting. The Player agrees not to either independently or by the means of his representative, participate in betting on his Employer’s games or otherwise act in a way that calls into question his actions or the position of his Employer in relation to betting or sporting pools.
Betting. The Player will refrain from placing bets or attempting to place bets himself or using third parties, e.g. close family members, neither on his own account nor on that of a third party, on any basketball game or competition anywhere in the world, nor on any games and/or competitions in which teams of the Club are directly or indirectly involved, neither will the Player be allowed to engage or support any third parties to place such bets. He will refrain from disclosing to any third party any betting-related information that is not in the public domain or to which only he as a Player has access.
Betting. (a) not participate in, support, or promote any form of Betting relating to a Competition including Betting with another Person on the result, progress, outcome, conduct or any other part of such Competition (whether one in which You are directly participating in or is taking place in the sport or is taking place in any other sport at a Competition).
Betting. No participant shall make or receive a bet in relation to any competition they are involved with.
Betting. The Participant agrees:
(a) not to appear in, participate in or permit his image to be used for or in connection with the endorsement, promotion and marketing of any betting or gaming agency that relates to the Games;
(b) not to participate or assist in any betting activities associated with the staging of the Games or any performances at the Games;
(c) to immediately inform the Chef de Mission should the Participant be approached by anyone in relation to betting or become aware of any form of illegal practice whatsoever in relation to betting during the Games; and
(d) that in the event that any fund raising scheme, betting or gambling agency uses, without his consent, his image in a manner contemplated in this clause, then the BOC has the sole right to determine whether any claim should be made or resolved in respect of such misuse or unauthorized use and the Participant shall appoint the Secretary General of the BOC or a nominee to act as the Participant’s representative agent and attorney for that purpose provided that the BOC indemnifies the Participant and keeps him indemnified from any loss arising from that representation.
Betting. The player agrees not to participate in betting on his own team’s games by himself or by asking another person to represent him; nor shall he act in a manner that might call into question his actions or the employer’s position towards betting or pools games. 5 EMPLOYER’S DUTIES
5.1 Payment of wages and other compensations The employer shall pay the wages, compensations, and other remunerations to the player, as agreed in the player compensation agreement attached to this contract.
5.2 Transfer to the Athletes’ Fund The employer shall pay, on the player’s request, a part of the wages determined by the player to the Athletes’ Fund, as defined in sections 16 a – c of the Income Tax Act.