Terms and Conditions of Lotus365
1. Introduction
Welcome to Lotus365. These Terms and Conditions (“Terms”) govern your use of our online betting platform (“Platform”). By accessing or using our Platform, you agree to comply with and be bound by these Terms. If you do not agree to these Terms, you must not use our Platform.
2. Eligibility
2.1 Age Requirement
You must be at least 18 years old or the legal age for gambling in your jurisdiction, whichever is higher, to use our Platform.
2.2 Legal Compliance
You are responsible for ensuring that your use of our Platform complies with all applicable laws and regulations in your jurisdiction.
3. Account Creation
3.1 Registration
To use our Platform, you must create an account by providing accurate and complete information. You are responsible for maintaining the confidentiality of your account credentials and for all activities that occur under your account.
3.2 Verification
We may require you to verify your identity and eligibility at any time. Failure to provide requested information may result in the suspension or termination of your account.
4. Betting Rules
4.1 Placing Bets
All bets must be placed through your registered account. Bets placed in any other manner will not be accepted.
4.2 Bet Acceptance
A bet is considered accepted only when it is confirmed by us and reflected in your account balance. We reserve the right to refuse any bet without providing a reason.
4.3 Bet Settlement
Bets will be settled based on the official results of the relevant event. In the event of a dispute, our decision is final.
5. Payment Terms
5.1 Deposits
You may deposit funds into your account using the payment methods available on our Platform. All deposits must be in the currency specified by us.
5.2 Withdrawals
Withdrawals are subject to our verification procedures. We reserve the right to impose withdrawal limits and processing times.
5.3 Fees
We may charge fees for certain transactions. These fees will be disclosed to you before you complete the transaction.
6. Prohibited Activities
6.1 Fraud
Engaging in any fraudulent activity, including but not limited to using stolen payment information or attempting to manipulate the outcome of any bet, is strictly prohibited.
6.2 Underage Gambling
Allowing or facilitating underage gambling is strictly prohibited. We reserve the right to verify your age at any time.
6.3 Multiple Accounts
Creating multiple accounts for the same individual is prohibited. We reserve the right to close any duplicate accounts.
7. Consequences of Violations
7.1 Account Suspension
We may suspend or terminate your account if we suspect any violation of these Terms or any applicable law.
7.2 Forfeiture of Winnings
Any winnings obtained through prohibited activities may be forfeited and your account balance adjusted accordingly.
7.3 Legal Action
We reserve the right to take legal action against you for any losses or damages resulting from your violation of these Terms.
8. Disclaimers and Limitations of Liability
8.1 No Warranty
Our Platform is provided “as is” and without any warranties, express or implied. We do not guarantee that our Platform will be available at all times or that it will be free from errors or interruptions.
8.2 Limitation of Liability
To the fullest extent permitted by law, we shall not be liable for any indirect, incidental, or consequential damages arising out of or in connection with your use of our Platform.
8.3 Indemnification
You agree to indemnify and hold us harmless from any claims, damages, or expenses arising out of your violation of these Terms or any applicable law.
9. Miscellaneous
9.1 Changes to Terms
We reserve the right to modify these Terms at any time. Any changes will be effective immediately upon posting on our Platform. Your continued use of the Platform after such changes constitutes your acceptance of the new Terms.
9.2 Governing Law
These Terms are governed by and construed in accordance with the laws of the jurisdiction in which our company is established, without regard to its conflict of law principles.
9.3 Severability
If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions will continue in full force and effect.
9.4 Entire Agreement
These Terms constitute the entire agreement between you and us regarding your use of the Platform and supersede any prior agreements or understandings.
10. Contact Information
If you have any questions about these Terms, please contact our customer support team through the contact details provided on our Platform.
By using the Lotus365 platform, you acknowledge that you have read, understood, and agreed to these Terms and Conditions.