The person at the button, and the program that replaced them
A wager has always needed someone to place it. In an account, that someone is the holder, and the term says so. Software changes who, not what: it takes the decision, or just the timing, and sends the order under the holder credentials. This page draws the line between a person, a rule and a program, because the whole desk turns on which of the three was at the button.
- places the bet
- the holder
- what a term requires
- personal placement
- what software replaces
- the action, not the account
- software orders
- 900
- pressed by a person
- 0
- who the consequence lands on
- the holder
A bet in an account is placed by the holder, because the term requires each bet to be placed personally. Software can replace the action - the timing and the keystroke - but not the account: the 900 sampled orders were placed under a holder credentials, and the consequence of every one of them lands on that holder.
| at the button | what it decides | inside the term |
|---|---|---|
| a person | the selection, the stake and the moment | yes - this is what the term names |
| a rule the person set | the moment, from a pre-set condition | no - it places without a person at that moment |
| a program | the selection, the stake and the moment | no - the action is automated |
| in all three the account and the payout carry the holder | 1 name | |
A rule is still a program
The line is not between a bot that chooses and a script that only fires. A rule the customer set - place this bet when the price reaches a number - is a program the moment it runs without the person. That is why the term is written about the means rather than the intelligence: it forbids a bet that was placed by automated means, whatever decided the selection.