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Exchange your betting universe

Spiffx is the world’s leading alternative betting exchange where you can back (bet for) and lay (bet against) in one bet. This will lock your future profit in advance and you will leverage if the odds go your way.

Same thrill – Speculate – Less money, more effect – Price hedge

Spiffx operates a marketplace for professional users to manage price- and risk strategies dealing with odds. The marketplace offers instruments to hedge price (Spiffindex) and to hedge risk (Darkpool). It is available through the web but can also be accessible through a technical interface (API) which facilitates automated trading.

Spiffindex basic fundamentals are to take advantage of the trading element dealing with odds i.e lay and back. Using Spiffindex the difference between a lay and a back can be obtained using only a small amount of the underlaying bet to achieve the same result.

Darkpool functionality is based on proven exchange terminology including lay and back but with a hidden order depth. Communicating through the API also allows multisource orders and script based intelligent order types.

Spiffx.com is operated by Spiffx Malta Ltd, a Maltese company with registration number C58116 and registered address at 85. St. John Street, Valletta VLT1165, Malta. Spiffx Malta Ltd. is regulated and operates under Licence no. LGA/CL3/851/2012 issued by Malta’s Lotteries and Gaming Authority on the 26th of April, 2013.

Managing markets in-play

2.2.1 General

If a market is not scheduled to be turned in-play but Spiffx fails to suspend the market at the relevant time, then:
· if the event has a scheduled ‚off’ time, all bets matched after that scheduled off time will be void; and
· if the event does not have a scheduled ‚off’ time, Spiffx will use its reasonable endeavours to ascertain the time of the actual ‚off’ and all bets after the time of the ‚off’ determined by Spiffx will be void.
Spiffx aims to use its reasonable endeavours to suspend in-play markets at the start of and at the end of the event. However, regardless of what it says in the Market Information, Spiffx does not guarantee that such markets will be suspended at the relevant time.
Spiffx will not part-suspend outcomes/selections in an Exchange market that has been turned in-play.
Spiffx customers are responsible for managing their in-play bets at all times.
For the purposes of in-play betting, customers should be aware that transmissions described as „live” by some broadcasters may actually be delayed or pre-recorded. The extent of any delay may vary depending on the set-up through which they are receiving pictures or data.

2.2.2 All markets – not suspending at the time of the ‚off’

In relation to markets which are scheduled to be turned in-play, Spiffx aims to use its reasonable endeavours to turn such markets in-play at the time of the ‚off’. The time of the ‚off’ for such markets is set out in the Market Information. However, regardless of what is stated in the Market Information, Spiffx does not guarantee that such markets will be suspended and turned in-play at the time of the ‚off’.

If a market is scheduled to be turned in-play but Spiffx does not suspend the market at the time of the ‚off’ and the market is not turned in-play at any time during the event, all bets matched after the scheduled time of the ‚off’ will be void. If the event does not have a scheduled ‚off’ time, Spiffx will use its reasonable endeavours to ascertain the time of the actual ‚off’ and all bets after the time of the ‚off’ determined by Spiffx will be void.

If a market is scheduled to be turned in-play but Spiffx does not suspend the market at the time of the ‚off’ (so unmatched bets are not cancelled at that time), but the market is intentionally turned in-play at a later time during the event, all bets matched after the time of the ‚off’ will stand.

2.2.3 Soccer markets – not suspending at kick-off

In relation to soccer markets that are scheduled to be turned in-play, Spiffx aims to use its reasonable endeavours to turn such markets in-play at kick-off and to suspend such markets on the occurrence of a Material Event (see definition of „Material Event” below).

The relevant scheduled kick-off time should be set out in the Market Information. However, regardless of what is stated in the Market Information, Spiffx does not guarantee that such markets will be suspended and turned in-play at kick-off.

If a market is scheduled to be turned in-play but Spiffx does not suspend the market at kick-off and the market is not turned in-play at any time during the match, all bets matched after the scheduled time of the kick-off will be void.

If a market is scheduled to be turned in-play but Spiffx does not suspend the market at kick-off (so unmatched bets are not cancelled at that time), but the market is turned in-play at a later time during the match, all bets matched after the scheduled time of the kick-off in-play will be void.

For the purpose of this rule, a „Material Event” shall mean a goal being scored, a penalty being awarded or a player being sent off.