Terms and Conditions
This section constitutes Betbit Casino's Terms and Conditions applicable to the totality of information disclosed on the website pertaining to the casino as a company. Under legal terms, anyone using this website must agree to these T&Cs without an exception in order to make full use of the games, services and any available features designated to casino members. Therefore, we strongly encourage you to please read carefully and acknowledge the following information to ensure a proper and satisfying gaming experience. Should you disagree to these T&Cs entirely or on a large scale, do not proceed any further using the website.
In accordance to these Terms and Conditions, please acknowledge unless otherwise stated:
"User" Refers to yourself or any other person who after reading these Terms and Conditions agrees, registers and makes use of the website in general. Registering is deemed to the use of the website.
"Website" Refers to www.betbit.com and any other related URLs.
"Account" Refers to the Betbit account created by the User during the registration process in order to participate in gaming activities.
"Registration" Refers to the User's completion registering an account with Betbit Casino.
"Games" Refers to the totality of games currently offered and those soon available by season on the Betbit Casino website.
"Login Details" Refers to the User's chosen username and password required to authenticate and access the Betbit Casino account and games as well as any other related features found on the site.
"Available Balance" Refers to the current amount of credit available on a User Account which can be used for Games.
"Balance Available for Withdrawal" Refers to the actual balance entirely or partially available for withdrawing purposes on behalf of the User.
1. Enforcement & Amendments
1.1 These Terms and Conditions constitute a binding agreement between Betbit and the User as soon as the User clicks the "ACCEPT" checkbox on the registration menu. By doing so, the User dictates the Terms and Conditions have been read and fully accepted before finishing the registration procedure.
1.4 If significant changes are made to the Terms and Conditions, Betbit shall notify the User accordingly by all means necessary. This using trademark Website advertisement, emails or chat triggers. Betbit reserves the right to add, remove and amend Games and their respective rules from the Website at its own discretion. This means the User is held responsible to remain aware of the amendments associated to such. Continued use of the Website following any changes to the Terms and Conditions will be deemed as acceptance of the Terms and Conditions as amended.
1.5 Account maintenance, rules, explanations related to the use of games and any other important information provided will be found on separate links of the Website and incorporated into these Terms and Conditions for further reference.
1.6 The Terms and Conditions are published in several different languages for ease of understanding yet the English version stands as the official version with the latest updates in content should there be any recent changes while secondary languages require more time to update. Therefore, Betbit and the User agree that in the case of any dispute between the English language version of the Terms and Conditions and versions in any other language, the English language version shall prevail.
2. Obligations, Mandatory Requirements & Responsibilities
2.1 By accepting these Terms and Conditions the User hereby declares and warrants:
- Being at least 18 years old or above the minimum legal age of majority stipulated in laws of jurisdiction applicable to the User territory. Under the laws applicable to the User, participating on any Games offered on the Betbit Website is allowed.
- To participate on Games on his or her own behalf and not upon any other person's request.
- The funds deposited in the Account are in no way, shape or form associated to any illicit activities nor originated from any source of this nature.
- Participation on Games shall be under personal non-professional capacities strictly aimed towards recreational and entertainment reasons only.
- Not residing in a country where the Games offered by Betbit are illegal.
2.2 The User assures that all information provided to Betbit during the term of validity of this agreement is complete, true and accurate. Any changes to personal information must be notified immediately to Betbit for proper adjustments.
2.3 Betbit takes no responsibility in full or partial money losses on an Account. This means the User is accountable for any actions of this type and understands the risk.
2.4 The User is held responsible to know whether online gambling is legal in his or her country of residence.
2.5 The User is solely responsible for reporting, accounting and paying any taxes applicable under relevant laws for any winnings that have been received from Betbit.
2.6 The User will only use Bitcoin currency and the respective software platforms required to manage financial figures of this nature. Bitcoin is a decentralized currency meaning the use of such remains free of any norms or clauses established by a local financial institution, government or territorial entity in your area.
2.7 All Games, software and content available on the Betbit website which is offered to the User is owned by Betbit or Third Parties and is protected by copyright.
2.8 The User may only use content available on the Betbit Website for personal and recreational use in accordance with all applicable laws, rules and regulations.
2.9 The User shall pose courteous professional behavior, rude and impropriate language is prohibited.
2.10 It is the User's sole responsibility to print these Terms and Conditions and any effected transactions in relation to the use of the Website keeping them in an easily accessible and safe place.
2.11 Betbit takes no responsibility if the Website and links do not work properly in the User's residential territory. The User agrees that he is using the Games and the services Betbit provides at own risk. Betbit shall not be liable for any amount exceeding the funds deposited by the User and shall not be liable for any indirect or consequential losses including loss of profits or winnings.
2.12 Betbit and its employees do not guarantee unconditional flawless performance of the Betbit Website nor the absence of interruptions on Games included on the Website. Betbit does not guarantee that the Website is fit for the User's purpose. The User accepts that Betbit, its employees and business partners are not responsible in any case for any cost, loss, expenses, damage, consequential, incidental or otherwise, arising in relation to the User's use of the Website or participation in the Games.
2.13 Any person or User under own discretion may choose to exclude themselves from playing any Games on the Website. The User must notify of such via email sending a formal written request to firstname.lastname@example.org specifying the details of self-exclusion such as time to be made effective and whether or not should this be permanent or temporary.
2.14 Any User found to be using any form of technological aid in their betting (such as bots and other automated processes) shall be banned to play in the casino and the respective account will be permanently blocked. The User should not play on the same game across multiple websites of the same live table feed simultaneously, should not use computer aids, mathematical equations or betting systems to play. Using any combination of these will lead to the player account being blocked and funds being frozen. Betbit will reserve right to notify authorities in all cases.
3. Betbit Account
3.1 Betbit manages deposits, withdrawals and any other financial movements including bonus adjustments. Betbit manages the Account entirely calculating available funds, pending funds as well as net winnings. These amounts are considered as final and are not subject to any dispute. Betbit reserves the right to appoint external Payment Solution Providers to act, receive and pay funds on behalf of Betbit.
3.2 Registering on the Betbit Website is accomplished referring to the website URL link www.betbit.com/register. The User must become a registered member of the Betbit Website in order to participate in any real money mode Games. When opening the registration link above a registration form will be prompted for the User to fill out and submit once competed, this process completes the account creation. Betbit reserves the right to refuse to register or to open an Account for the User at its sole discretion.
3.3 During the registration procedure the User must fill out all mandatory information requested on the registration form in a complete, truthful and accurate manner. The User has sole responsibility to ensure that the registration information provided is liable by all means.
3.4 Betbit reserves the right to conduct routine protocol auditing procedures by itself or through third parties. If Betbit comes to realize the information provided by a User contains false or misleading information, an Account may be blocked or closed permanently. Betbit reserves the right to request documentation from the User to prove identity and verify home address details asking for copies of bank statements, utility bills or any other document Betbit considers necessary. If the User refuses to cooperate during a verification process, Betbit will be entitled to block the User account and possibly close permanently.
3.5 During the registration process the User must create personalized Login details for daily account authentication purposes as when logging on to the Website. The User has sole responsibility to ensure that the Login Details are protected and kept securely. Login Details are personal and must not be disclosed to anyone. If Login Details haves been exposed to third parties, whether intentional, negligent or accidental, Betbit is not responsible for any abuse or misuse of an account by third parties.
3.6 Betbit enforces confidentiality of User Login information internally among employee staff members. However, it is sole responsibility of the User to maintain confidentiality on his or her end. Any actions detected under a User account while be acknowledge by Betbit as legit actions performed on behalf of the actual Account owner. The Account is individual and the User has complete responsibility for Account obligations and also entitled to all profits and benefits. If Third Parties are aware of Login Details it is the sole responsibility of the User to inform Betbit and it is sole responsibility of the User to change such Login Details.
3.7 Each person including the User shall only register to Betbit with one Account. If a User is found accountable for the creation of multiple accounts, all Accounts linked to the User in question may be blocked or possibly closed permanently.
3.8 Only one Account per household is allowed. If two or more users share the same household, Betbit must be informed by the Users residing in the aforementioned household. Also, Transfers or sale of funds from one User to another or from one Account to another is prohibited.
3.9 Betbit reserves the right to close existing Accounts without further explanation. In this case, if the User and corresponding account are exempt from fraudulent behavior, the balance will be paid in full to the User. Betbit also reserves the right to report to appropriate authorities if any evidence were to confirm a User being involved fraudulent activity.
3.10 Upon registration, the User agrees to make full use of the Account only in Bitcoin currency. No other form of currency is available nor does Betbit offer conversions from other currencies to Bitcoin.
3.11 The User can make deposits to Betbit only using BTC / Bitcoin currency unless otherwise specified.
3.12 If an alternative currency payment option is to be offered by Betbit in the future, the option will only be available through automatic conversion exchange rate mechanisms. Therefore, the User will be responsible for self-awareness of any possible exchange rate fees as a result of a conversion if Betbit decides to add these capabilities to the Cashier system.
3.13 If the User does not log on to his or her account for a consecutive period exceeding 12 months, Betbit considers the User account as "Inactive". Once the account is deemed to be inactive, the User agrees to pay Betbit a monthly administrative fee equivalent to 20 EUR specifically in Bitcoin currency in accordance to the conversion exchange rate at the time of the charge. If an available Account balance is found then the respective deduction is made from such as long as a balance remains positive. Therefore Betbit is authorized to debit this fee from the Users Betbit Account in the beginning of the next month following the day on which the Users Betbit account is deemed inactive. The fee shall be collected until the Account is re-activated or until the account balance is zero. The Account admin fee is charged as permanently inactive Betbit customer accounts require considerable organizational efforts.
3.14 In order to place bets or participate in Games offered by the Website, the User must have an available balance in the account. Betbit does not offer credit for use of the website nor for any Games on such. If the available balance is less than the minimum amount required to place a bet, the User will be incapable of engaging any wagering activity.
3.15 Betbit only offers Bitcoin currency and the corresponding software for payments. All information and guidelines on how to deposit into an Account is found on the deposit page of the Website. Betbit reserves the right to take action verifying the identity of the User when performing deposits into the Account.
3.16 The User may withdraw funds from his or her Betbit Account specifically accessing the Cashier section of the website and submitting a Bitcoin withdrawal request. Any withdrawal requests received via email, phone, or through any other form of communication on the website shall be declined. The amount of funds that may be withdrawn may not exceed the Available Balance on the Account.
3.17 Betbit will process withdrawal requests only using the Bitcoin payment method and account chosen by the User to originally make deposits.
3.18 Prior from processing and completing an actual withdrawal, Betbit may ask the User to provide copies of legal photo identification such as copies of passports, national identity cards or any other form of identification. Validity of any supplied documentation copies is discerned upon Betbit's own discretion.
3.19 If the Betbit account is mistakenly credited with credit, winnings or other funds, the User is obligated to inform Betbit immediately using email or live chat support. The amount mistakenly credited will remain property of Betbit without exception and the User shall transfer the amount in question from the Account back to Betbit instantly. If the User withdraws any such funds mistakenly credited, the User shall be a certain and liquidated debtor towards Betbit for the amount withdrawn which debt shall be immediately due. If the User places any bets on Games using such mistakenly credited amounts, winnings or funds these bets shall be invalid.
3.20 Betbit will carry out additional verification procedures for any payout exceeding the equivalent of two thousand Euros (EUR 2,000) in Bitcoin currency. These actions will be carried out within a reasonable timeframe to avoid any inconvenience. Betbit may carry such verification procedures in case of lower payouts. To avoid any doubt, Betbit may delay the crediting of any such payment to the user account until such verification measures are carried out.
3.21 The Account may be closed at any time by the User in a permanent or temporary manner. All available balance in the Account will be returned to the User as long as a withdrawal request is made or the funds may remain in the account should closure be temporary. If a user is found to systematically use any parts of the system in a way for which it is not intended to be used in order to gain money the account will be immediately adjusted to remove money gained from such activity and the Account may be permanently closed.
3.22 Betbit reserves the right to close an Account and refund the User Available Balance, this fully under Betbit's absolute discretion and without giving prior notice or any obligation to state a reason.
3.23 Betbit may close an Account if the User has not shown any logon activity for a consecutive period exceeding 12 months. After notification of this is sent to the registered e-mail address of the User, the whole balance may be removed from the Account. If the User does not carry out the transaction for 30 months, Betbit shall remit the balance to the User. If the User cannot be sufficiently located, Available Balance shall be transferred to the Curacao e-Gaming Licensing Authority.
3.24 Bonuses awarded by Betbit can only be received once per person / account, household, email address, IP address and environments where computers are shared (university, library, workplace, etc.). Betbit reserves the right to confiscate any existing funds and close an Account if evidence of abuse or/and fraud is found. If bonuses awarded by Betbit to the User have not been used within 2 months, such bonuses will be withheld and removed.
3.25 Each bonus awarded by Betbit must be wagered 35 times, unless mentioned otherwise in the Promotions section of the website or on limited time email or phone offers sent on behalf of Betbit. The bonus wagering requirement must be completed before the User makes a withdrawal request. If the wagering requirements are not met by the User, Betbit reserves the right to decline the withdrawal request. Without exceptions, bets on LIVE games such as Baccarat and Blackjack do not count towards the wagering requirements. Inside bets on Roulette do count yet nothing more on this particular game.
4. Privacy, Breaches and Actions
4.1 The User hereby acknowledges and consents that Betbit may process his personal data for the purposes of allowing the User to access and use the Website and in order to allow the User to participate in Games and to provide ancillary services to the User. Betbit hereby acknowledge that it will only use the personal data of the User to allow the User to participate in the Games and to carry out operations relevant to the participation in the Games by the User. The personal data of the User shall also be used for the purposes of carrying out verification procedures in relation to the participation in the Games by the User.
4.3 The User must promptly inform Betbit of any changes in any of the information given by the User, and is sole responsible to amend the information himself.
4.4 The User hereby consents Betbit to disclose personal data to credit rating agencies, fraud detection agencies and anti-money laundering agencies.
4.5 The User herby consents Betbit and/or its possible service providers to transfer personal data from one country to another in order to provide the user with and efficient service.
4.6 In order to make the visit to the Website by the User more user-friendly gaming environment, to keep track of visits to the Website and to improve the service, therefore Betbit collects a small piece of information sent from the browser, called cookie. The User may if he desires turn off the collection of cookies as further provided in the relevant browser instructions. The user acknowledges that turning off cookies may restrict his use of the Website.
4.7 The User hereby agrees that Betbit keeps him informed from time to time about changes on the Website, promotions and new services. The User may opt out from this service by contacting Betbit Customer Service.
4.8 Betbit complies with the Anti-Money Laundering Act. If the User has suspicious transactions, Betbit shall report to the relevant competent authorities in Malta. If the User becomes aware of any suspicious activity relating to any of the Games of the Website, the User must report this to Betbit immediately.
4.9 Betbit may suspend, block or close an Account and withhold funds if requested to do so in accordance with the Prevention of Money Laundering Act Chapter 373 of the Laws of Malta.
4.10 If the User breaches any provision of these Terms and Conditions or, Betbit has a reasonable ground to suspect that the User has breached them, Betbit reserves the right not to open, to suspend or to close the Account, withhold payment of winnings and apply such debit on the Account to the amount of any damages due by the User to Betbit.
4.11 If Betbit suspects that the User is engaged in illegal or fraudulent activities when using the Website; or in breach of these Terms and Conditions; or that the User is having problems with creditors or anything else which is otherwise detrimental to its business, Betbit may freeze or terminate the User's account or cancel any stakes at our absolute discretion.
4.12 The User is hereby acknowledging that Betbit shall be the final decision-maker of whether the User has violated Betbit's rules and Terms and Conditions. This may result in suspension or permanent barring of the User from participating and using any of the services offered by the Website and Betbit.
4.13 If any provision of these Terms and Conditions is held to be illegal or unenforceable, such provision shall be severed from these Terms and Conditions and all other provisions shall remain in force unaffected by such severance.
4.14 Betbit website and all content is copyrighted. www.betbit.com is the uniform resource locator of Betbit and no unauthorised use may be made of this URL on another website or digital platform without our prior written consent. Any unauthorised use or reproduction may be prosecuted.
4.15You shall not be involved in any fraudulent, collusive, fixing or other unlawful activity in relation to Your or third parties participation in any of the Games and shall not use any software-assisted methods or techniques or hardware devices for Your participation in any of the Games. The online casino hereby reserves the right to invalidate or close Your Member Account or invalidate Your participation in a Game in the event of such behaviour.
4.16 The computer software that we make available to You is owned by the Online casino or other third Parties and protected by copyright and other intellectual property laws. You may only use the software for Your own personal, recreational uses in accordance with all rules, T&Cs hereby established and in accordance with all applicable laws, rules and regulations. All professional including team playing is against all rules.
4.17 Online Casino reserves the right to cancel your account for any reason whatsoever at any time without notifying you. Any balance in your account at the time of such a cancellation will be credited to your credit/debit card or financial account.
4.18 We also reserve the right, at our sole discretion, cancel or suspend your account (notwithstanding any other provision contained in the Terms and Conditions) where we have reason to believe that your account may have been used for any of the following activities:
I. If you have more than one active account at Online Casino
II. If the name registered on your Online Casino account does not match the name on the financial/bank account and/or the credit/debit card(s) used to make deposits on the said Online Casino account
III. If you provide incorrect or misleading information while registering a Online Casino account
IV. If you are not of legal age to gamble
V. If you have allowed or permitted (intentionally or unintentionally) someone else to Participate using your Online Casino account
VI. If you have played in tandem with other Customer(s) as part of a club, group, team etc., or placed bets or wagers in a coordinated manner with other Customer(s) involving the same (or materially the same) selections or tactics; in this instance we further reserve the right, at our sole discretion, to restrict the total maximum pay out for the combined total of any such bets, to the equivalent of the Maximum Payout Limits permitted for a single Customer (as outlined in the Online Casino Rules). Online Casino is for sole use on an individual basis and for personal entertainment only
VII. If Online Casino has received a “charge back" and/or a "return" notification via a deposit mechanism used on your account
VIII. If you are found colluding, cheating, money laundering or undertaking any kind of fraudulent activity
IX. If it is determined by Online Casino that you have employed or made use of a system (including machines, computers, software or other automated systems such as bots etc) designed specifically to defeat the gaming system
4.19 If we have reasonable grounds to believe that You have participated in any of the activities set out in clause 4.18 above then (in addition to any suspension or termination of Your account enacted), we reserve the right to withhold all or part of the balance and/or recover from Your account deposits, pay outs, bonuses, winnings that are attributable to any of the practices contemplated. In such circumstances, Your details will be passed to the applicable Authority, Regulatory Body or any other external third parties. The rights set out here are without prejudice to any other rights that we may have against You under these Terms and Conditions or otherwise.
5. Entire Agreement & Severability
5.1 This Agreement constitutes the entire agreement between the User and Betbit with respect to this Website and save in the case of fraud it supersedes all prior or contemporaneous communications and proposals, whether electronic, oral or written, between the User and Betbit with respect to this Website.
5.2 A printed version of this agreement and of any notice given in electronic form shall be admissible in judicial or administrative proceedings based upon or relating to this agreement to the same extent and subject to the same conditions as other business documents and records originally generated and maintained in printed form.
5.3 These Terms and Conditions are governed by the Laws of Malta and the parties submit to the jurisdiction of the Maltese courts and/or to the rules of arbitration in accordance with the Malta Arbitration Act as administered by the Malta Arbitration Centre.