These Terms and Conditions are effective from 15 October 2015. All previous terms and conditions are no longer valid and cannot be relied upon.
In order to place bets with or for Draftcoin (such term to include all fractions of Bitcoins & Draftcoins), you will need to open an account with us. By using and/or visiting any part, page or section of the website btcdraft.com (the “Website”), and/or opening an account with Btcdraft, you agree to be bound by these Terms and Conditions and are deemed to have accepted and understood all of the Terms and Conditions.
1.1. These Terms and Conditions may be presented in various languages other than English for reference only. In the event of any differences or conflict between the English version of the Terms and Conditions (accessible from the homepage of the Website) and a version in any other language, the English version shall prevail.
2.2. If we make amendments to these Terms and Conditions we may take appropriate steps to bring such changes to your attention (such as by placing a notice of such change on a prominent position on the Website, together with the amended terms and conditions) but it shall be your sole responsibility to check for any amendments, updates and/or modifications. Your continued use of the Btcdraft services and Website after any such amendment to the Terms and Conditions will be deemed to be your acceptance and agreement to be bound by of such amendments, updates and/or modification to these Terms and Conditions.
2.3. If you do not agree with any of these Terms and Conditions, please do not attempt to register with Btcdraft.
3.1. You are over (a) 18 or (b) such other legal age or age of majority as determined by any laws which are applicable to you, whichever age is greater.
3.2. You have full capacity to enter into a legally binding agreement with us and you are not restricted by any form of limited legal capacity.
3.3. You understand that by using our services you may lose Bitcoin and/or Draftcoin on bets placed in poker, casino games, Card gambling games as well Highscore games and accept that you are fully responsible for any such loss.
3.4. You will not use our services while located in any jurisdiction that prohibits the placing and/or accepting of bets denominated in bitcoin online, and/or playing casino and/or poker games for and/or with bitcoin.
3.6. You are permitted in the jurisdiction in which you are located to use online sports betting, casino and poker services aswell as online gambling.
3.7. You are not depositing bitcoin which originates from criminal and/or other illegal and/or unauthorized activities and/or intending to use your account in connection with such activities and that you shall not use and/or allow other persons to use the services provided by us and your account for any criminal and/or otherwise unlawful activities including, without limitation, money laundering, under any law applicable to you or us.
3.8. You will not use any device, robot, spider, software, routine or other method (or anything in the nature of the foregoing) to interfere or attempt to interfere with the normal proper functioning of our services, any relevant device(s), software, the Website, the sportsbook and betting information or any transactions offered on the Website and in particular will not employ or make use of any artificial intelligence or other system (including machines, computers, software or any other automated systems) designed specifically to defeat the Btcdraft systems and will not collude or attempt to collude with other players in order to defraud Btcdraft or its customers.
3.9. You are not an officer, director, employee, consultant, affiliate or agent of Btcdraft or working for any company related to Btcdraft, or a relative or spouse of any of the foregoing.
3.10. You are not diagnosed or classified as a compulsive or problem gambler or consider yourself to be the same.
5.1.1. Before you are able to start playing on Btcdraft, we will require you to first register with us.
5.1.2. We do not wish to and shall not accept registration from persons resident in jurisdictions that prohibit you from participating in online sports betting, gambling, gaming, and/or games of skill, for and/or with bitcoin or draftcoin.
5.1.3. You agree to provide complete and accurate registration information to us. You agree to inform us promptly, in writing, of any changes to such information.
5.1.5. You authorize us to use any means that we consider necessary to verify your identity and creditworthiness with any third party providers of information.
5.1.6. Registration will be conducted using secure server encryption.
5.1.7. You will inform us as soon as you become aware of any errors with respect to your account or any calculations with respect to any bet you have placed. We reserve the right to declare null and void any bets that are the subject of such an error.
5.1.8. We reserve the right to apply a handling charge of up to 5% on deposits and withdrawals to cover transaction costs.
188.8.131.52. We reserve the right to suspend player accounts that have been inactive for more than 12 months. If your account has been suspended, please contact [email protected] for instructions on how to reactivate your account.
184.108.40.206. Only one account per customer/IP/household is allowed. If you attempt and/or successfully open more than one account, all of your accounts may be blocked, suspended or closed and any bitcoin or draftcoin credited to your account frozen.
5.2.1. If you register with us via the Website, upon completion of registration, we will confirm by email to the email address you have supplied that your account is open.
5.2.2. On registration via the Website, you will be required to choose a user name and password for use on the Website.
5.2.3. You agree to keep your username and password confidential and that you are responsible for any misuse of your password. Any losses suffered due to a third party using your account will not be refunded by us and further you shall have full responsibility for any third party using your login details and shall hold us harmless in respect of any damages arising.
5.2.4. You agree to inform us at once by email if you believe that your account information is being misused by a third party so that we may suspend your account.
5.2.5. We recommend that you disable any automatic password memory in your browser prior to use. This will help to limit the risk of unauthorised use of your account.
5.3.2. We accept bitcoin & draftcoin only currently.
5.3.3. The details you will need to make your bitcoin or draftcoin deposits are available on the Website in the Wallets tab located in the menu.
5.3.7. We do not extend credit for the use of our services. Unless other wise stated in a promotional offer.
5.3.8. Btcdraft is not a banking institution. You will not be paid interest on any outstanding account balances. However you can stake your draftcoin and earn interest if you store them localy in your own computer / wallet.
5.3.9. Should your account become overdrawn due to a duplicate payment error, for example, if a withdrawal request being processed twice for whatever reason, you agree to fully reimburse Btcdraft for any such overdrawn amounts.
5.3.10. We reserve the right to deduct any incurred costs for deposits from any amount of bitcoin or draftcoin that you withdraw, if such costs exceed the net revenue generated by you from the date upon which you first deposit bitcoin with us.
5.4.1. Our calculations of your Account Balance, Bonus Balance and amounts owed by you under these Terms and Conditions will be final and, in the absence of any manifest error, will not be subject to any enquiry or investigation.
5.4.2. We reserve the right to close your account and to refund to you the Account Balance at our sole and absolute discretion and without any obligation to state a reason or give prior notice.
5.5.1. All winnings will be held for the use of your account following confirmation of the relevant result.
5.5.2. Any amounts which are mistakenly credited as winnings to your account remain the property of Btcdraft and will automatically be transferred from your account upon the error being detected. Any winnings mistakenly credited to your account yet withdrawn by you will constitute a debt owed by you to Btcdraft in the amount of such wrongfully attributed winnings.
5.5.3. You may withdraw any amount up to the Account Balance in your account by issuing us with a valid notice of withdrawal in the manner specified in the Wallets page of our Website.
5.5.4. It is possible to deposit or withdraw only bitcoin and/or draftcoin from your account. We do not accept any other form of consideration at this time.
5.5.5. We will not accept withdrawal requests made otherwise than via the facilities provided in the Wallets page of the Website. Our employees and any agents are not authorised to effect movements of bitcoin in any other manner.
5.5.7 Payment of any taxes, fees, charges or levies that may apply to your winnings under any applicable laws shall be your sole responsibility.
5.5.8 Your winnings from settled bets are credited to your account and may be withdrawn in accordance with our withdrawal policy and if required by us, upon provision of a copy of valid photographic identification, proof of address and/or credit/debit card to our satisfaction.
6.1. Btcdraft reserves the right to cancel any bonus or bonus program (including, but not limited to deposit bonuses, reload bonuses and loyalty program) with immediate effect if we believe the bonus has been set up incorrectly or is being abused, and if said bonus has been paid out then we reserve the right to decline any withdrawal request and to deduct such amount from your account. Whether or not a bonus is deemed to be set up incorrectly or abused shall be determined solely at the discretion of Btcdraft.
7.1. A bet can only be placed by a registered account holder.
7.2. A bet can only be placed over the internet.
7.3. You can only place a bet if you have sufficient bitcoin or draftcoin in your account with Btcdraft.
7.4. The bet, once concluded, will be governed by the version of the Terms and Conditions valid and available on the Website at the time of the bet being accepted.
7.5. Any payout of a winning bet is credited to your account, consisting of the stake multiplied by the odds at which the bet was placed.
7.6. Btcdraft reserves the right to adjust a bet payout credited to a Btcdraft account if it is determined by Btcdraft in its sole discretion that such payout has been credited due to an error.
7.7. A bet, which has been placed and accepted, cannot be amended, withdrawn or cancelled by you.
7.8. The list of all the bets, their status and details will be available to you on the Website in the near future.
7.9. When you place a bet you acknowledge that you have read and understood in full all of these Terms and Conditions regarding the bet as stated on the Website.
7.10. Btcdraft manages your account, calculates the available funds, the pending funds, the betting funds as well as the amount of the winnings. Unless proven otherwise, these amounts are considered as final and are deemed to be accurate.
7.11. You are fully responsible for the bets placed.
7.12. Winnings will be paid into your account after the final result is confirmed by the official governing authority of such sport or competition. However, Btcdraft reserves the right to set aside any winnings should there be any investigation resulting from any suspicion of criminal activities that may have affected the result. If an irregularity is confirmed, Btcdraft retains the right to void any related bets.
7.13. Should Btcdraft become aware that you have placed a number of bets from different accounts you have irregularly opened, all bets will be voidable at the unfettered discretion of Btcdraft. Btcdraft retains the right to take further action as it deems necessary.
7.14. If bets, which exceed the stated maximum bet amounts, are erroneously accepted by Btcdraft, the excess amount will be disregarded and the bet amount placed will be revised accordingly and the difference paid back to you.
7.15 You hereby confirm that you are not part of a betting syndicate where several parties are involved in placing bets in order to evade the Sportsbook Rules, these Terms and Conditions or any other rules of Btcdraft.
7.16. Unless otherwise stated, all bets on Btcdraft are settled according to the full time result of a match declared by the official governing body of such sport or activity.
7.17. Statistics, live scores, live betting or editorial text published on the Btcdraft site is added information and Btcdraft does not acknowledge or accept any liability whatsoever if the information is incorrect. It is your responsibility to be aware about all circumstances relating to an event and to independently verify all information published on the Website.
7.18. If a match does not start on the scheduled starting date or starts but is later postponed and/or abandoned and is not completed (resumed) by the end of the next calendar date, all bets will be void except for any bets placed on markets which have been unconditionally determined, which will stand. Some markets have different rules and these are listed under each sport/market on the Website.
7.19. Btcdraft reserves the right to declare a bet void, totally or partially, if it is obvious that:
bets have been offered, placed and/or accepted due to an error; bets has been made at odds that are clearly wrong and stand out from odds offered by other gaming companies; bets have been placed after the event has started or after any deadline set by Btcdraft (live betting excluded where permitted by Btcdraft); syndicate betting has occurred; influence betting, where you have influenced the outcome of the match in any way, has occurred; and/or the result has been directly or indirectly affected by criminal actions.
7.20. If a bet / event is declared void, it will be evaluated as “won” at odds 1.0, which means it is still possible to win or lose depending on the remaining bets.
7.21. Btcdraft reserves the right to adopt special rules, applicable for particular matches or events that may be contradictory to the Sportsbook Rules. Such special rules may be published in conjunction with published odds for particular matches and/or events.
7.22. Communication errors do occasionally happen. The way our system works is that the bet is confirmed only when it is received on our servers. Should there be a break in communication after you place your bet and it has been received on our servers it will still participate in the active game. You will be informed whether you have won or lost once communication is re-established. If the bet is not received on our servers then it will not participate and the bet amount will not be taken from your account.
7.23. If you are unsatisfied with any matter relating to a bet with Btcdraft, please notify Btcdraft within 30 days after the transaction has occurred. Notification made after such 30 day period will be disregarded. Such a notification shall be made in writing. In the unlikely event of a discrepancy between the result that appears on your device and the results in the transaction logs in our system, you agree that the results in our system’s transaction logs as certified by an officer of Btcdraft shall be final, conclusive and binding.
7.24. You confirm and accept that you will be adequately informed of your possible bitcoin exposure by the details provided on the online betting confirmation issued by us (if you are in any doubt about this, you should contact Btcdraft support).
7.25. You accept that any bitcoin oe draftcoin lost under any bet will not be under any circumstances be recoverable from Btcdraft.
8.1. Without restricting our ability to rely on other remedies that may be available to us, we may suspend and/or terminate your account or cancel any outstanding bets at our absolute discretion if: (i) we suspect that you are engaging in illegal or fraudulent activity while using our Website; (ii) we suspect you are breaching any term of these Terms and Conditions; or (iii) we suspect you are acting in a manner that is detrimental to the conduct of our business.
8.2. Irrespective of whether we suspend and/or terminate an account and notwithstanding any other provisions in these Terms and Conditions, we may decide to cancel and void any outstanding bets at our absolute discretion where (i) there is a technological failure, or (ii) you or another customer with whom you have bet have breached any of these Terms and Conditions.
8.3. Btcdraft reserves the right to close your account and refund the balance of your account without further explanation. Subject to any provision of these Terms and Conditions to the contrary, outstanding bets will ordinarily be honored. Further, we retain the right to suspend the whole or any part of the service for any reason at our sole discretion and in such event we may but shall not be obliged to give you any notice, however, we shall endeavor to provide you with such notice as we deem practicable.9. Applicable thresholds: Minimum and maximum amounts.
9.1. You may only place bets with a minimum amount of 1 DFT (Draftcoin) in odds betting.
9.2. The maximum stake is dependent on the amount Btcdraft accepts at the time of your bet. If a bet amount is higher than the automatic acceptance level set out on the mini bet list offered from time to time on the Website (such amount is subject to change without prior notice), such bet will be manually reviewed and approved or declined and we reserve the right to decline any bet that is being manually approved. Any bet that has not been manually approved before the game has started is voided in full. You have the right to void any bet that is subject to manual approval until such bet has been accepted by Btcdraft.
9.3. You may not place a bet that exceeds your Available Balance.
10.1. Btcdraft does not assume any liability for transmission, input and/or analysis errors. Btcdraft, at its sole discretion, reserves the right to correct any obvious errors and mistakes concerning published odds and/or events/players/teams/etc. If not otherwise stated, such published odds and/or events/players/teams/etc will have odds of 1.00.
10.2. Under no circumstances will Btcdraft be liable for any damage caused by any incorrect, delayed, or abusive transfer of data via the internet. Btcdraft is permitted to commence any technologically reasonable action to protect customer information, but will not be liable and will not take responsibility if third parties obtain control of, any process, or user information despite such action. No claims for damages may be asserted against Btcdraft, in any such circumstances.
11.1. It is strictly forbidden to use any automated software and/or computer system in direct, or indirect conjunction with the services provided by Btcdraft, including the performance of actions such as sending information from your computer to another computer with installed and active software and/or systems designed to provide you with an unfair advantage.
11.2. Any Poker robots or software developed and designed to play automatically at Btcdraft poker is not allowed.
12.1. Any failure or delay in performance by Btcdraft in respect of its obligations of service shall not be deemed a breach of its obligations to you as customer if such failure or delay is deemed by Btcdraft to be caused by force majeure, which shall include but not be limited to flood, fire, earthquake, or any other element of nature, act of war, riots or terrorist attack, public utility electrical failure, lockouts and strikes, delays or disruptions of the Internet and telecommunications networks caused by human or nature factor, or any other such event beyond the reasonable control of Btcdraft.
12.2. Btcdraft will not accept any liability for any consequences arising out of any such force majeure events.
13.1. All content presented on the Website, including but not limited to text, logos, graphics, images, button icons and software is either owned or licensed by Btcdraft. It is forbidden to copy, print and/or download any portions of material published on the Website unless expressly permitted by Btcdraft.
13.2. All trademarks presented on Btcdraft web site, including, but not limited to trade names and other symbols are protected by international trademark laws. It is strictly prohibited to use them by any way without the prior written consent of Btcdraft.