Sportsbet Terms and Conditions
1. General Principles
1.1 The Terms and Conditions apply to sports betting and casino games.
1.2 The Terms and Conditions come into force immediately after the registration of your account is completed. Thus, by registering, you agree to all the rules.
1.3 All users are advised to carefully read the terms and conditions before creating their account. In the event that you do not agree with any of the points, you should not use the platform.
1.4 The Company has the right to make changes to the list of terms and conditions at any time. Users will be warned about this.
1.5 The Terms and Conditions may be published in different languages for the convenience of users, but only the English version takes precedence.
2. Registration and opening the account
2.1 Registration is a prerequisite for placing bets and games at the casino.
2.2 Registration from participants residing in jurisdictions where gambling is prohibited will be rejected.
2.3 Upon registration, the player is responsible for checking whether gambling is legal in his jurisdiction.
2.4 The player is allowed to have only one account. If you try to create another account, all of them will be blocked.
2.5 The Client undertakes to report any errors related to placing bets or his balance.
2.6 If your account is not used for 3 months, you will receive a notification from the company.
2.7 The Client undertakes to enter valid information during registration, including a valid email address. The Client is responsible for the accuracy of the information.
2.8 The Company has the right to carry out procedures for verifying the Know Your Customer policy. The account may be blocked if the customer has provided false information.
2.9 The Client is responsible for the confidentiality of his data.
2.10 If you change your password, you will not be able to withdraw your funds within 24 hours for security reasons.
3. Security and safety
3.1. When registering on the Website, you will need to choose a password to authenticate your Member Account for use on the Website.
3.2 The Client undertakes to keep the password secret and is responsible for any misuse of it.
3.3 The Client undertakes to inform the Company immediately if he suspects that his account is being used by a third party.
4. Bitcoin Funds
4.1 Clients are not able to transfer or convert funds between currencies and wallets
4.2 All the data that customers need to make deposits, they can find on the official website in the sections “My account” and “Deposit”.
4.3 Customers do not have the opportunity to apply for a loan to use the company’s services.
4.4 The Company is not a financial institution. Thus, you will not receive interest for outstanding amounts.
4.5 If the Company becomes aware that, at your sole discretion, that you are using the “Double Expenses” method, Sportsbet.io cancels all bets and winnings. In particular, if you win, then confirm your deposit on the blockchain and try to withdraw funds, all winnings will be confiscated, and your account will be closed forever. The Company will also exercise this right if similar actions are taken from any connected accounts.
4.5 The Client undertakes to recognize that the value of cryptocurrencies can change dramatically depending on the market value.
5. Deposits
8.1 You have the opportunity to make deposits in cryptocurrency or fiat currency. It is worth remembering that the minimum deposit amount in bitcoins is 0.00025 BTC. Any deposits below the minimum specified amount will not be considered valid. The Company is not responsible for deposits made that do not meet the requirements.
8.2 To top up your account balance, you can transfer funds from crypto wallets or credit cards. Deposits can only be made with your own funds.
8.3 The Company cannot guarantee that all currencies will be supported.
8.4 The Company has the right to carry out additional verification procedures after your first deposit. An additional document confirming your possession of the means of payment may be required.
8.5 If you notice any suspicious activity on your account, you undertake to inform the company about it immediately. In this case, the activity of your account may be suspended for security reasons.
8.6 Please note that you may be charged an additional commission for making deposits or converting funds.
6. Withdrawals
5.1 All withdrawal actions will be processed in accordance with the withdrawal policy. The withdrawal in bitcoins will be made to the bitcoin wallet address you specified. Also, before withdrawing any funds, you will need to confirm your account. Withdrawal of fiat currency may take up to 3 business days from the date of their approval, depending on the payment service provider.
5.2 The Company has the right to carry out additional verification procedures for any withdrawals of funds.
5.3 Using the Service for any other purposes other than entertainment is strictly prohibited.
5.4 Before accepting a withdrawal request in fiat currencies, the company has the right to demand the wagering of an amount equivalent to the deposit.
5.5 Withdrawal of funds can be carried out only in the name of the registered account owner.
5.6 The Customer acknowledges that a refund or return of goods is not possible.
5.7 The Company has the right to deduct any transaction fees from the amount you withdraw.
7. Closing account
6.1 If you have a desire to stop the activity of your account, you can do so at any time. To do this, you need to contact the support service by email and write an email with your request. In the letter, you should also indicate the reason for closing your account.
6.2 The Company has the right, at its discretion, to refuse to close the account. The Company is also not obliged to justify its decision or indicate the reason.