Terms & Conditions
These Terms and Conditions govern the use of the Swiftbet.co platform operated by Swift Bet Pty Ltd. By registering or using the platform, you agree to be bound by these terms. Wagering involves risk; please gamble responsibly.
Summary
These Terms govern the Swiftbet.co platform operated by Swift Bet Pty Ltd (ABN 72 652 566 955). Swiftbet.co is licensed and regulated in Victoria, Australia under the VGCCC (licence no. VIC-BM-2022-0331).
Definitions
1. Account
Means a registered Swiftbet.co customer account.
2. Betting Account
Means the primary wagering account.
3. Betting Account Wallet
Means the wallet for sports and racing wagering.
4. Showdown Account
For showdown contest entries.
5. Showdown Account Wallet
Wagering balances specific to Showdown tournaments.
6. Customer
Means any registered person.
7. Event
Means any sporting event, race or contest.
8. Market
Means a specific wagering opportunity.
9. Operator
Means Swift Bet Pty Ltd.
10. Platform
Means the Swiftbet.co website and apps.
11. Regulator
Means the Victorian Gambling and Casino Control Commission (VGCCC).
General
3.1 Binding Agreement
A binding legal agreement exists between Swiftbet.co and the Customer once registration is approved.
3.2 Right to Amend
The Operator reserves the right to amend terms at any time with direct customer notifications on key changes.
3.3 Jurisdiction
Governed by and construed in accordance with the laws of Victoria, Australia.
Authorisation to Access and Use Our Betting Platforms
4.1 Access Requirements
You must be 18 years of age or older, a resident of Australia, free of any BetStop active self-exclusion orders, and provide absolute truth regarding all input personal credentials.
4.2 Single Account Restriction
Wagering services are restricted strictly to one active account per individual customer.
Account Verification
Identity verification is mandatory for all accounts pursuant to statutory AML/CTF (Anti-Money Laundering and Counter-Terrorism Financing) legislation. Verified identity proof via valid identification documents is required within 72 hours of registration to retain wagering access.
Account Deposits and Withdrawals
6.1 Deposit Methods
Only personal debit cards and bank transfers are supported. Credit cards are strictly rejected in compliance with Australian Federal and State wagering laws.
6.2 Withdrawal Requirements
Withdrawals will only be processed directly to verified debit card accounts or matching Australian bank accounts.
Restricted Jurisdictions
Wagering services are restricted strictly to persons physically located within Australia. Location tracking technology may be deployed to enforce this geographical requirement.
Fraud Prevention
The Operator maintains a zero-tolerance policy against fraudulent behavior. Any suspected system exploit, coordinate betting, identity theft, or bonus misuse results in immediate suspension, voided wagers, and referral to VGCCC and law enforcement.
Disputes
All disputes must be raised in writing directly with the Customer Support team. Unresolved disputes may be formally escalated for external ruling to the VGCCC regulator.
Our Reserved Rights
We reserve the absolute right to decline wagers, close customer accounts without precedent, or modify payouts to correct clear mathematical errors or protect sports integrity.
Assignment
Swift Bet Pty Ltd may assign its rights and liabilities to compatible entities. Customers are strictly prohibited from transferring or assigning account credentials.
Responsible Gambling
Wagering should remain recreational. Swiftbet.co provides robust self-imposed limitations, deposit caps, reality checks, temporary account locks, and direct integrations with BetStop.
Collection of Personal Information
We collect personal information to confirm identity, process payments securely, prevent fraud, and comply with strict national AML laws. Our handling of data is covered by our Privacy Policy.
Intellectual Property Rights
All software, platform code, interface layout patterns, and brand marks remain the exclusive property of Swift Bet Pty Ltd. Intellectual property rights may not be used without consent.
Third Party Associations
Our platforms include data streams from authorized third parties (e.g. sports scores, racing fields). While we partner only with trusted authorities, we do not guarantee third-party data reliability or real-time latency.
IT Failures and Timeouts
We do not take responsibility for wagers that fail to place due to regional telecommunication network speeds, user hardware failure, local provider drops, or active carrier limitations.
Australian Consumer Law
Nothing inside this document operates to isolate, limit, or void consumer protections outlined in the Australian Consumer Law (Competition and Consumer Act 2010).
Customer Responsibilities
Customers must proactively secure their login details, ensure credentials are up to date, check latest rules, and play within comfortable spending thresholds at all times.
Funds Protection and Segregation
Active player balances are stored securely inside segregated bank accounts. These funds are legally separated from corporate accounts, strictly adhering to Victoria's regulatory requirements.
Promotions and Inducements
All promotional offers are bound by specific offer terms. No registration incentives or signup bonuses are provided to customers residing in Victoria, complying with Victorian state law.
Race Fields and Integrity
Swift Bet Pty Ltd is fully licensed and authorized to display Australian race field data. We collaborate with national racing stewards and sporting integrity bodies.
Settlement Rules
Wagers are settled strictly on the formal results published by official governing bodies. In the case of dead heats, wagers are subject to proportional settlement reductions.
Taxation
Recreational wagering winnings are not generally classified as taxable income in Australia. However, corporate or professional bettors should consult tax specialists.
Privacy and Data Protection
All customer records, verification documents, and transaction logs are handled in full compliance with the Privacy Act 1988 (Cth) and Australian Privacy Principles. See our Privacy Policy and Cookie Policy for detail.
Variations and Limitation of Liability
The Operator reserves the right to modify or restrict platform access. In compliance with Victoria regulations, our direct liability is strictly capped at your active account deposits.
04 / Responsible gambling
Keep wagering in perspective.
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Set your limits
Control your deposit and spending limits with easy-to-use account controls.
Learn more → -
Take a break
Temporarily step away from your account when you need a pause.
Learn more → -
Self-exclusion
Access BetStop and self-exclusion tools for a more secure experience.
Learn more →