Terms of use
The Terms and Conditions stipulated below are effective as of July 15, 2025.
TERMS OF USE AND RISK NOTIFICATIONS OF THE Rakebit PLATFORM.
GENERAL
- These Terms and Conditions («T&C» or «Agreement») constitute a binding agreement and govern the contractual relationship between :company_name, hereinafter referred to as «Rakebit» or «We», «Us»; or «Our»; and You, as the user and customer, hereinafter referred to as «User» or «You» or «Yours» of Rakebit website through related enabling internet, mobile or other platforms.
- The User must read, agree and accept all of the T&C contained in this Agreement without modifications, which include those T&C expressly set forth below and those incorporated by reference, before the User may become an active, registered User of Rakebit. This Agreement comes into force as soon as you click on the “I’m at least 18 years old and accept with Terms and Conditions and Privacy policy” checkbox button, by doing which you signify to Rakebit that you have read these T&C and accept them. By using the Website you also signify that you agree with these Terms and Conditions. This Agreement shall also apply to all Services provided via mobile devices, including downloadable applications. All references to the use of the Website shall be construed as references to the use of our Services provided for mobile devices.
- :company_name may amend and/or assign this Agreement or any rights and/or obligations from time to time. The Terms and Conditions and the Privacy Policy are published on the Website and may be changed at any time. The new version of these Terms and Conditions will take effect immediately upon clicking the checkbox “OK” following the text of the noted T&C and confirming that the User has read and agreed to the Terms & Conditions and the Privacy Policy” presented to him/her before use of the website. By continuing to use the Website, the Services or the software offered by :company_name, the User agrees to be bound by the T&C as well as by the latest modifications to it. If the User does not agree to be bound by the changes to these T&C, the User must not use or access Our Services, and inform Us in writing immediately. In order to avoid misunderstandings and disputes at a later stage, Users can print out these T&C. :company_name may publish these General Terms and Conditions in a number of languages and shall reflect the same principles. This is done for information purposes and to help Users. It is however the English version that constitutes the legal basis of the relationship between You and :company_name. Should there be any discrepancy between the T&C in the English version and the version in any other language, the English version shall prevail.
- The following policies are incorporated by reference into these Terms and Conditions and shall be considered an integral part hereof:
- Privacy Policy
- Sport Terms & Conditions (Betting Rules)
- Anti-Money Laundering (AML) and Know Your Customer (KYC) Policy
- Payment Policy
- Cookies Policy
- Bonus Policy
- By accepting these Terms and Conditions, you also agree to be bound by the provisions contained in these policies. Please review each policy carefully, as they collectively govern your use of our services.
- :company_name reserves the right to refuse and/or cancel Services at its own discretion where the Services are illegal to use.
ELIGIBLE USERS
- The Website and its services are available to, and may only be used by individuals, who can enter into legally binding contracts under the applicable law and reside in countries and geographic regions where online gambling is allowed by law. It is the User’s sole responsibility to inquire about the existing gambling laws and regulations of the given jurisdiction before placing bets on the website.
- The User assures :company_name that he/she is over 18 years old or such legal age of majority as stipulated in the jurisdiction of his/her residence. No person under 18 years old or other legal age of majority in User's jurisdiction of residence may be registered as a User and any funds deposited by such a person shall be returned to his/her personal account. If the real age of the person reveals to be under 18 years old or other legal age of majority in User's jurisdiction of residence at any time after his/her registration at the website the sum of winnings received by such User will be annulled. We are entitled to require the User to provide proof of age and to deny a User's access to the Service if it has reasons to believe that the minimum age requirement is not fulfilled. We notify You that parental control protections (including computer hardware, software, or filtering services) are commercially available that may help to block access to material that is harmful to minors. You may find information about providers of these protections on the Internet by searching “parental control protection” or similar terms.
- You are aware that the right to access and use the Website and any products there offered, may be considered illegal in certain countries. Rakebit is not able to verify the legality of service in each and every jurisdiction, consequently, You are responsible for determining whether Your accessing and using Our Website is compliant with the applicable laws in Your country and You warrant to Us that gambling is not illegal in the territory where You reside or citizen of which you are.
- The User guarantees at all times not to be a resident or citizen of countries including, but not limited to Cambodia, China, Costa Rica, Indonesia, Portugal, Russian Federation, Saudi Arabia, Singapore, Thailand, Ukraine, United Kingdom, United States and its dependencies and territories, Yemen (“Prohibited countries”). Players from the following countries are not eligible to use the Website and play its games. Rakebit will make all reasonable efforts to prevent players from these countries from reaching the games.
- Please be noted that there’re special availability restrictions for some games placed at Rakebit. Game providers reserve the right to expand the list of prohibited countries for their games on their own discretion without additional notifications.
USER’S ACCOUNT REGISTRATION
- In order to use the Website, the User must complete the registration form and open a User account ("Account") on the Website. The User must fill in the registration form provided by Rakebit which shall at least include the following details:
- User's email. The User is restricted to use temporary or fake email;
- Username, his/her first name and last name. Offensive or indecent names are not allowed. Further prohibited are usernames that contain or allude to an Internet link or account names, which allude to certain rights of the User. We reserve the right to suspend accounts with an unacceptable username. Accounts can be reactivated as soon as suitable and an acceptable alternative username has been chosen.
- User's password. The User is advised to choose a strong and non-predictable password for security reasons and is responsible for ensuring that this password is kept as highly confidential. If there is concern that the secrecy of Username and Password is no longer the case, the User should notify :company_name immediately.
- Currency;
- User’s consent with these Terms and Conditions and Privacy Policy by clicking “I'm at least 18 years old and accept with Terms and Conditions and Privacy policy” checkbox button;
- User’s consent that he is older than 18 years old or any other legal age of majority by clicking “I'm at least 18 years old and accept with Terms and Conditions and Privacy policy” checkbox button;
- Consent to receive promo mails by clicking the “I want to receive promo mails and offers” checkbox button.
- User can also voluntarily submit in User’s Account the following information:
- Date of Birth and sex.
- The User's place of residence.
- The User warrants to provide true, accurate, current and complete information regarding identity during the registration process. Any false information or impersonation of any person, misrepresentation regarding any affiliation with another person, entity or association, use of false headers or other acts or omissions to conceal one’s identity from :company_name for any purpose will be prosecuted under the law. In order to receive access to the Website User may be asked to provide valid subsisting verification of identity and relevant information. The Company reserves the right to ask for the proof of age from the User and block access to the website or suspend the user’s account if it fails to meet this requirement.
- Rakebit reserves the right to carry out valid identification of a User under Know Your Customer (KYC) procedures if there’s strong grounds to believe that there’s risk of commitment of fraud, money-laundering or any abuse on the part of the User or in case of frequent and major withdrawals by one User during a reasonably short period of time.
- All Users of Rakebit Website ensure by accepting the Terms & Conditions at least the following:
- The User has completed the registration form truthfully and correctly.
- The User is not an individual under 18 years old or other legal age of majority in User's jurisdiction.
- The User is neither under legal supervision nor restricted in his business activities.
- The User has registered personally and not on the behalf of someone else.
- The User uses the account for personal use and has no commercial intentions.
- The User has no knowledge about any bet result of the underlying bet before placing it.
- The User does not have multiple accounts on Rakebit website.
- The User has read and accepted these Terms and Conditions.
- The User cannot sell, transfer, assign and/or acquire by any other means the accounts to/from other Users.
- The User assures that he/she won’t use his/her account to transfer funds amongst his/her accounts.
- This is User’s first registration at Rakebit. I have not self-excluded from any gambling website in the past 12 months. I’m aware and acknowledge that Rakebit sets certain limitations to the maximum prizes that can be won per day/week/month and/or can be withdrawn per day/week/month
- The User is not a resident or a citizen of any of the Prohibited countries.
OBLIGATIONS OF USER AND USAGE OF ACCOUNT
- It is prohibited for Users to sell, pledge, transfer and/or acquire accounts to/from other Users. Funds can only be remitted to the account from which they were deposited.
- :company_name accepts as a User only natural persons with a single account. Neither a legal entity nor corporate body is allowed to open or to have an account on Rakebit website.
- Only one Account for each household, IP address and computer device is allowed. If two or more users share the same household, IP address and computer device, Rakebit must be informed by the respective Accounts’ holders. Failure to do so may lead to your Account being blocked for access and “freezing” or confiscation of all your funds.
- We will treat as a highly confidential information the data that the User entrusts to us in accordance with our Privacy Policy.
- The User shall not treat :company_name as a financial institution nor expect receipt of interests on his/her deposit/s.
- Any amount credited to a User's Account by mistake should be immediately reported to :company_name by the User. Any winnings and funds received by the User by mistake are invalid regardless of how they were received.
- In case of misconduct on the part of the User, :company_name is entitled to immediately terminate the Agreement with the User and exclude him/her from further use of the Website. Further, we are entitled to interrupt and terminate on-going activities, to block the User or the User's Account with or without prior notice and to retain the User's credit and winnings achieved through misconduct until clarification of the situation.
- In case of indication of any fraud, manipulation, cash-back arbitrage, or other forms of deceitful or fraudulent activity which became the basis of a provision of a bonus, prize, jackpot or other winning to the User, the Account of such User shall be made annulled along with any and all profits or losses gathered.
DORMANT ACCOUNT
- If a user does not use User’s Account for betting or gaming, making a deposit, withdrawal or transfer, or if it is otherwise inactive, for a period of at least 6 consecutive calendar months then it will be a “Dormant Account”. If the User's Account is deemed to be dormant, Rakebit reserves the right to charge an administrative fee to such Dormant Account of 10 EUR per month (Dormant Account Fee) as long as the balance of the User's Account remains positive. Rakebit will notify User when User’s Account becomes a Dormant Account. User authorizes Rakebit to debit Dormant Account Fee from User’s Account at the beginning of the month following the day on which User’s account is deemed to be Dormant.
- User authorizes :company_name to debit this charge from his User Account since the beginning of the month following the day on which your User Account is deemed inactive.
- User may close their User account at any time by contacting Us via support@Rakebit. However the below conditions apply:
- User can only close User account if it has no remaining balance (positive or negative) and no pending withdrawal requests;
- In case User wants to close User account with a positive balance or/and pending withdrawal requests, all funds on User account will be voided.
- In order to ensure anti-fraud measures, prevention of laundering proceeds of crime and financing of terrorism and abuse on the part of the User, Rakebit reserves the right to verify User’s identity in the process of closing User’s account. It means that Rakebit is entitled to request up-to-date documents from the Users, conduct an interview (Skype call or Zoom call) with a User, request confirmation of source of funds or/and a high-resolution and visible photo of a user’s selfie with his/her up-to date documents near his/her face, even though the User has passed identity verification in the past.
- Rakebit reserves the right to close your User Account and to refund to you funds from the balance of the User Account, subject to the deduction of relevant withdrawal charges, at Rakebit absolute discretion and without any obligation to state a reason or give prior notice.
PAYOUTS
- When the outcome of a Game you participate in becomes determined or, where applicable, Rakebit has confirmed the relevant result of an event and settled the markets; all winnings will be available on your Account.
- If Rakebit mistakenly credits your Account with winnings that do not belong to you, whether due to a technical or human error or otherwise, the amount will remain property of Rakebit and the amount will be deducted from your Account. If prior to Rakebit becoming aware of the error you have withdrawn funds that do not belong to you, without prejudice to other remedies and actions that may be available at law, the mistakenly paid amount will constitute a debt owed by you to Rakebit In the event of an incorrect crediting, you are obliged to notify Rakebit immediately.
- Rakebit will carry out additional verification and identification procedures for any withdrawal or reserves the right to carry such verification procedures at any level of withdrawals. All transactions will be checked to prevent money laundering.
DEPOSITS AND BETS
- To have a possibility to place bets and play for real money you have to deposit money into your Account. You can deposit at any time online by using your debit or credit card, e-wallet, via a bank transfer or via all available deposit methods. All available deposit methods you can find in “Deposit page” on the Website. Cash or cheques are not an accepted method of deposit. Please note that some of the methods may not be available in some countries.
- We accept payments in various currencies. Any payment received by Rakebit in a currency other than the currency of your Account will be converted into the currency of your Account, at the prevailing exchange rate. Please note that any exchange premiums are payable by you.
- Rakebit reserves the right to use additional procedures and means to verify your identity (KYC) when effecting deposits into an Account and to close an Account if you fail to send these documents to Rakebit
- Rakebit does not grant any credit for the use of its services.
- By depositing you confirm that all deposits are authorized and you won’t try to decline them or take any action which will cause such payment to be reversed by the third party, in order to avoid any legitimate liability.
- As a prevention of money laundering, a deposit must be wagered at least once before a withdrawal can be made. Please note that if wagering requirements are in place, the wagering requirement needs to be respected before a withdrawal is requested.
- Rakebit doesn’t allow making 3rd party deposits (by a friend, relative, partner, wife or husband or any other person). All payments have to be made from an Account/system or credit card that is registered on the Account holder. If the 3rd party deposits are noticed all winnings will be forfeited and sent back to :company_name, and the deposit will be returned to the rightful owner of an Account/credit card. If banking transfer requires a charge while returning money back to the rightful owner it will be paid by a receiver.
- New users are subject to a max bet limit of €500 per bet on slot games. Upon user's progress through our VIP system, this limit may increase up to €2500 per bet on slot games. For more details you can contact our Live Support team.
WITHDRAWALS
- You have to provide your KYC documents, including a valid identity document (such as a driver’s license, ID card, residence permit, or passport), high-quality photo or selfie and proof of address (e.g., utility bills) when claiming the withdrawal for the first time. Additional requirements depending on payment channels will apply.
- Rakebit reserves the right to change the maximum allowed sum for each payment system per one transaction at any time and without prior notification.
- A withdrawal request will not be processed until all wagering requirements have been met.
- It will not be possible to withdraw funds marked as “Bonus”, as well as funds stuck in an aborted game.
- Rakebit has the right to refuse withdrawal if the total bet amount is less than the amount of the last deposit. You have to turn over the initial deposit at least one time before being able to withdraw.
- Due to the workflow of our anti-fraud system, the waiting time for your withdrawal can be prolonged up to the point when all the needed procedures will be conducted to supply a decent level of financial security for users (up to seven (7) days and more if needed).
- A user cannot withdraw funds in excess of his/her Account balance.
- The withdrawals are processed by the method used by the user to deposit funds into Account balance.
- When a withdrawal is canceled, the funds are returned back to your Account and you can make use of those funds accordingly on the Account. Rakebit does not assume any responsibility for any funds lost during gameplay following a withdrawal cancellation either by you or by us.
- Please be advised that our products are consumed instantly during gameplay. Thus, we cannot provide refunds, returns of monies, or cancellation of the requested service when playing. If you play a Game with real money, the money will be drawn from your Account instantly.
- You may only withdraw the maximum amount of Euro 10,000 (or the equivalent in your Account currency) in any 24 hour and maximum amount of Euro 50,000 (or the equivalent in your Account currency) in a 30 days period unless a larger amount has been agreed by us.
- Prior to accepting a withdrawal we may request that you provide legal identification for example certified copies of passports, ID cards or other such documentation as we feel is required in the circumstances. We may also carry out phone verification, face verification or other such verification as is required to ensure that you are who you say you are.
- If you win more than Euro 50,000 (or the equivalent in your Account currency), Rakebit reserves the right to divide the payout into monthly instalments of maximum Euro 50,000 (or the equivalent in your Account currency), until the full amount is paid out. All progressive jackpot wins will be paid in full.
- Regardless of the amount of your win for any bet or spin, including any bonus round or a free spin, as well as free spins purchased on our platform, the amount of win which we are obliged to pay you may not exceed the equivalent of 500,000 EUR (“Maximum win limit”) in any cryptocurrency, fiat or any other currency. You confirm that you understand that some games have the technical ability to win more than the Maximum Win Limit, but you agree that we have the right to cut the amount above the Maximum Win Limit from Your Account and pay You only the Maximum Win Limit. We have this right in respect of any wins that have exceeded the Maximum Win Limit. The decision to cut the amount above the Maximum Win Limit is made based on your game history, betting level, and account, as well as other information that we analyze. In addition, the total win amount, including the amount that is above the Maximum win limit, may be credited to your account, but the paid amount will not exceed the Maximum payout limit. In any case, we reserve the right to make any decision on the payment of an amount above the Maximum Win Limit. Rakebit reserves the right to pay the Maximum Win Limit in equal parts within 90 days at a maximum.
MISCARRIED / ABORTED GAMES
Rakebit takes every precaution to avoid as much as possible, any technical anomaly or problem. However, this is not always possible. By these reasons:
- Rakebit, our suppliers and/or licensors are not liable for any downtime, server disruptions, lagging, or any technical or political disturbance to games. Refunds may be given solely at the discretion of the management;
- Rakebit, our suppliers and/or licensors accept no liability for any damages or losses which are deemed or alleged to have arisen out of or in connection with the Website or its content, including and without limitation to:
- Delays or interruptions in operation or transmission;
- Loss or corruption of data;
- Communication or lines failure;
- Any site or content misuse;
- Any errors or omissions in content;
- In the event of a system malfunction all wagers are void;
- If Your game miscarries because of a failure of the system, We shall refund the amount wagered in Your game by crediting it to your User Account or, if User Account no longer exists, by paying it to You directly, in an approved manner. If You have accrued credit at the time the game got miscarried, the value of the credit in virtual or fiat currency will be paid out to the User Account or, if User Account no longer exists, it will be sent to You directly, in an approved manner;
- Rakebit shall take all reasonable steps to ensure that its computer system enables Your participation in a game. If after You have made a wager, gameplay is interrupted by a failure of the telecommunications system or a failure of Your computer system, the Game will resume at the exact time immediately before the interruption occurred. If, however, such resumption is not possible, We shall:
- Ensure that the game is terminated;
- Refund the amount of the wager to You by placing it in Your Account.
ANTI-FRAUD POLICY
- Rakebit has a strict anti-fraud policy. If :company_name has reasonable grounds to believe that the User has participated in or has been connected with any form of fraudulent activity (on the basis of anti-fraud, anti-cheating, and collusion detection practices used by :company_name as well as its gaming partners and other suppliers which are commonly used in the gambling and gaming industry) including, but not limited to:
- participating in any type of collusion with other Users;
- development of strategies aimed at obtaining unfair winnings;
- fraudulent actions against :company_name or its payment providers;
- chargeback transactions;
- the use of third party software or analysis systems;
- creating two or more accounts;
- using unfair external factors or influences (commonly known as cheating);
- or become bankrupt in the country of his/her residence.
- In case of revealing one or several such actions on the part of the User or other similar actions, Rakebit reserves the right to cancel the user account and suspend all payouts to the User. This decision is at sole discretion of Rakebit and the User will not be notified or informed of the reasons for such actions. Rakebit also reserves the right to inform the regulatory bodies of the User’s jurisdiction of such fraudulent actions performed by the User.
- If :company_name has reasonable grounds to believe that the User has participated in or has been connected with any form of fraudulent activity (on the basis of anti-fraud, anti-cheating, and collusion detection practices used by :company_name as well as its gaming partners and other suppliers which are commonly used in the gambling and gaming industry) or that any suspicious actions (activity) are taking place with the User's account, Rakebit reserves the right to request up-to-date documents from the Users, conduct an interview (Skype call or Zoom call) with a user, request confirmation of source of funds or/and a high-resolution and visible photo of a user's selfie with his/her up-to date documents near his/her face, even though the User have passed identity verification in the past. The User is obliged to collaborate with Rakebit with regard to such check and to provide any information and documents deemed necessary by Rakebit.
ZERO TOLERANCE TO ABUSE OF PROMO-GAMES
- :company_name has a zero tolerance to abuse of promo-games. User who will try to gain advantage of :company_name welcome offers / other promotions agrees that :company_name reserves the right to void bonuses and any winnings from User:
- use of stolen cards or stolen virtual currency;
- chargebacks;
- creating more than one account in order to get advantage from :company_name promotions;
- multiple account strategy/proxy account strategy;
- artificially manipulating affiliate CPAs or revenue share;
- providing fake registration data;
- any other actions which may damage the :company_name
- If :company_name believes that the User is abusing or attempting to abuse a bonus or other promotion, displaying irregular betting behavior, or he/she is likely to benefit from abuse of our gambling policy or lack of good faith, :company_name may at its sole discretion conduct a thorough investigation of the case during which bonuses, promotions, and/or bonus offers to such a user may be paused.
- Criminal charges will be brought against any User or any other person(s), who has/have manipulated the :company_name system or attempted to do so. :company_name reserves the right to remove and/or change any games or events being offered at the website.
- Should the User become aware of possible errors or incompleteness in the software, he/she agrees to refrain from taking advantage of them. Moreover, the User agrees immediately to report of any such error or incompleteness to :company_name. Should the User fail to fulfil the obligations stated at this clause and abuse the results of such errors or incompleteness, :company_name has a right to full compensation for all damages related to the error or incompleteness, including any damages incurred as a result of the respective error/incompleteness and the failed notification by the User.
- Any returns, deposits, winnings or bonuses which the User can gain or accrue by using the duplicate/multiple account shall be forfeited, and :company_name is entitled to demand from the User any funds which have been withdrawn during use of such duplicate/multiple account in a legal procedure.
INTELLECTUAL PROPERTY
- You hereby expressly agree that all rights, title, and interest in and to all intellectual property rights, including, without limitation, patents, copyright, trademarks, trade secrets and all other related proprietary rights to this Website belong to Rakebit and/or its licensors and Rakebit and/or its licensors are the sole and exclusive owners thereof. All rights to the website not expressly granted herein are reserved. You agree not to copy, republish, frame, download, transmit, modify, rent, lease, loan, sell, assign, distribute, license, sublicense, reverse engineer, or create derivative works based on the website, its products or Service except as expressly authorized herein. Except as otherwise provided, the Content published on this website may be reproduced or distributed in unmodified form for personal non-commercial use only. Any other use of the Content, including without limitation distribution, reproduction, modification, display or transmission without the prior written consent of Rakebit is strictly prohibited. All copyright and other proprietary notices shall be retained on all reproductions.
- Rakebit hereby disclaims any rights to trademarks, Service marks, trade names, logos, copyright, patents, domain names or other intellectual property interests of third parties. All intellectual property interests of third parties listed above are the properties of their respective owners. Third Parties’ Material is the property of its respective owners. Rakebit disclaims any proprietary interests in the intellectual property rights other than its own.
DISCLAIMERS OF RISKS
- Rakebit is not a financial institution, it does not provide financial advice or asset management services and does not provide services of conversion from virtual currency and fiat currency. The user account does not bear any interests from depositing. The User cannot exchange virtual currency to fiat currency and fiat currency to virtual currency via Rakebit. If User wants to make a deposit in fiat currency from virtual currency, User should make it through third party services not affiliated with Rakebit.
- The User understands and accepts the risks in connection with transferring virtual currencies to the User’s Account to Rakebit. In particular, but not limited, the User understands the inherent risks listed hereinafter:
- Risk of software weaknesses: The User understands and accepts that the Blockchain System concept, the underlying software application and software platform is still at an early development stage and unproven, that’s why there is no warranty that there is an inherent risk that the software could contain weaknesses, vulnerabilities or bugs causing, inter alia, the complete loss of Bitcoins.
- Regulatory risk: The User understands and accepts that the blockchain technology allows new forms of interaction and that it is possible that certain jurisdictions will apply existing regulations or introduce new regulations addressing blockchain technology based applications which may be contrary to the current setup of the System and which may, inter alia, result in substantial modifications of the Service, including its termination and the loss of virtual currencies.
- Risk of Loss of private key: Virtual currencies in account wallet can only be used by means of wallet seed or combination of private key and password. The private key is encrypted with a password. The User understands and accepts that if his/her wallet or password respectively his/her private key get lost or stolen, Rakebit will not be responsible in case the violator who seized the private key and/or password uses them to withdraw the funds. In order to avoid such a situation Rakebit strongly recommends you to turn 2FA authorisation on.
- Risk of theft: The User understands and accepts that the Service concept, the underlying software application and software platform may be exposed to attacks by hackers or other individuals that could result in theft or loss of bitcoins (or other virtual currencies), impacting the ability to develop the Services.
LIMITATION OF LIABILITY
- The User is aware of the fact that gambling at the website may lead to losing money. Rakebit is not liable for any possible financial damage arising from the use of the website and happened due to the reasons out of control of Rakebit.
- :company_name is in no way responsible for any access to a User’s account by a third person and will not be held responsible for any loss suffered due to the illicit use of a User’s password by a third person, of unauthorized access, and/or for any transaction in which the name and password of a User was registered correctly. We strongly recommend users to enable 2FA authentication!
- :company_name is not liable of any hardware or software, defects, unstable or lost Internet connections, or any other technical errors that may limit User’s access to the website or prevent User from an uninterrupted play.
- Some circumstances may arise when a wager is confirmed, or a payment is performed, by us by mistake. In all these cases :company_name reserves the right to cancel all the wagers accepted due to such error, or to correct the mistake made by re-settling all the wagers at the correct prices/spreads/terms that should have been available at the time that the wager was placed in the absence of the error.
- If Rakebit credit your User Account with winnings that do not belong to you by mistake, whether due to a technical error in the pay-tables, or human error or otherwise, the amount will remain our property and will be deducted from User Account as soon as We become aware of the mistake. If you have withdrawn funds that do not belong to you prior to us becoming aware of the mistake, the amount paid by mistake will (without prejudice to other remedies and actions that may be available at law) constitute a debt owed by you to us. In case of an incorrect crediting, you are obliged to notify us immediately by email.
- :company_name, its directors, employees, partners, service providers:
- do not warrant that the software or the Website is/are permanently fit for their purpose;
- do not warrant that the software and Website are permanently free from errors;
- do not warrant that the Website and/or Games will always be accessible without interruptions.
- You agree that :company_name shall be the final decision-maker of whether you have violated :company_name’s rules, terms or conditions in a manner that results in your suspension or permanent block from participation at our website.
- The website can only be used for personal purposes and shall not be used for any type of commercial profit.
- Except as otherwise required by law, in no event Rakebit, our directors, members, employees or agents shall be liable for any special, indirect or consequential damages, or any other damages of any kind, including but not limited to loss of use, loss of profits or loss of data, whether in an action in contract, tort (including but not limited to negligence) or otherwise, arising out of or in any way connected with the use of or inability to use our services or the Rakebit materials, including without limitation any damages caused by or resulting from reliance by any user on any information obtained from Rakebit, or actions and participation in games on the website or that result from mistakes, omissions, interruptions, deletion of files or email, errors, defects, viruses, delays in operation or transmission or any failure of performance, whether or not resulting from a force majeure event, communications failure, theft, destruction or unauthorized access to Rakebit’s records, programs or services.
- Some jurisdictions do not allow the exclusion of certain warranties or the limitation or exclusion of liability for incidental or consequential damages. Accordingly, some of the limitations of this section may not apply to certain users.
- Rakebit is not responsible for any damages caused by delay or failure to perform its obligations under the agreement if the said delay or failure is due to fires; strikes; floods; power outages or failures; acts of god or the state’s enemies; lawful acts of public authorities; any and all acts that are regarded as force majeure in legal practice.
RESPONSIBLE GAMBLING
Please read the following information carefully. Rakebit is committed to promoting responsible gambling. For most users, gambling is a form of entertainment. However, for some individuals it may become problematic. Our goal is to provide tools and guidance to help users maintain control over their gambling activities. DEFINITIONS For the purposes of this policy: Account means a personal account created by a user to access the Service. Service refers to the gambling services provided through the Website. Website refers to rakebit.ai. User refers to any individual accessing or using the Service. RESPONSIBLE GAMBLING We encourage users to gamble responsibly and treat gambling as entertainment rather than a source of income. To help maintain control over gambling activities, we recommend that users: • Set personal limits on deposits and spending. • Avoid attempting to recover losses through additional gambling. • Limit the amount of time spent gambling. • Avoid gambling when feeling stressed, upset, or under the influence of alcohol, drugs, or medication. • Take regular breaks during gameplay. • Maintain only one account to better track gambling activity. MINOR PROTECTION Our services are strictly intended for individuals who are at least 18 years of age. Users must ensure that minors do not have access to their account or login details. Parents and guardians may use internet filtering software to restrict access to gambling-related content. More information can be found at: https://famisafe.wondershare.com/internet-filter/best-internet-filters.html SELF-EXCLUSION If you feel that gambling is negatively affecting you, or if you wish to take a break from gambling, you may request self-exclusion. Self-exclusion allows you to voluntarily block access to your account for a chosen period of time between 6 months and 5 years. During this period, access to your account will be restricted and the exclusion cannot be cancelled before it expires. To request self-exclusion, please contact our support team: [email protected] Please note that creating additional accounts during the self-exclusion period is strictly prohibited and may result in the permanent closure of all related accounts.
SEVERABILITY CLAUSE
If any term, provision, covenant or restriction of this Agreement is held by a court of competent jurisdiction to be invalid, illegal, void or unenforceable, the remainder of the Agreement, provisions, covenants and restrictions set forth herein shall remain in full force and effect and shall in no way be affected, impaired or invalidated, and the parties hereto shall use their reasonable efforts to find and employ an alternative means to achieve the same or substantially the same result as that contemplated by such term, provision, covenant or restriction. It is hereby stipulated and declared to be the intention of the parties that they would have executed the remaining terms, provisions, covenants and restrictions of the Agreement without including any of such that may be hereafter declared invalid, illegal, void or unenforceable.
ASSIGNMENTS
Rakebit may assign, transfer or delegate these Terms of Use or the fulfilment of any of its obligations pursuant to these Terms of Use and/or the Rakebit Privacy Policy and/or AML&KYC Policy and/or Bonus Policy, in whole or in part, to any person or entity at any time with or without your consent. You may not assign, transfer or delegate any rights or obligations under the Terms of Use and/or Privacy Policy and/or AML&KYC Policy and/or Bonus Policy without Rakebit’s prior written consent, which may be withheld at its sole discretion, and any unauthorized assignment and delegation by you is void and ineffective.
INDEMNIFICATION
You hereby agree to indemnify and hold Rakebit, its affiliates, officers, directors, agents, and employees harmless, from any expense, loss, claim, damage, fine, penalty or liability, including reasonable fees for attorneys and other professionals, payable under any judgment, verdict, court order or settlement, to the extent resulting from any claim, demand, action, suit, arbitration, or other proceeding initiated by any third party, including the assessment, claim or demand by a governmental agency or entity, arising out of your breach of these Terms of Use, including without limitation infringement by user materials of any third-party intellectual property and/or proprietary right, including, but not limited to, patent, trademark, copyright, trade secret, publicity and/or privacy.
COMPLAINTS / COMMITMENT TO DECISIONS
- You may contact our support@Rakebit, customer service according to the instructions located at the Website to give us any complaints regarding our services.
- Complaints are handled at the support department and escalated in the organization of :company_name and its affiliates if support personnel do not solve the case immediately. The User shall be informed about the state of the complaint to a reasonable level.
- If the dispute is not resolved at :company_name management level, you can contact any independent body, gaming authority or licensor noted at the :company_name website.
- In case of any dispute, you agree that the records of the server and blockchain shall act as the final authority in determining the outcome of any claim.
- You agree that in case of unlikely disagreement between the result that appears on your screen and the game server, the result that appears on the game server and at blockchain will prevail, and you acknowledge and agree that our records will be the final authority in determining the terms and circumstances of your participation in the relevant online gaming activity and the results of this participation.
- When we wish to contact you regarding such a dispute, we will do so by using any of Your contact details noted at your User account.
- In case you want to be temporary or permanently self-excluded and stop betting or gambling for a set time, please contact our customer support agent via email. On receipt of an email request for account closure, the requested account and any linked accounts will be placed on our first stage, 24-hr cooling off period which will disable your account or accounts, allowing no gambling activity. Once this time has passed; while your account or accounts remain closed, a customer support agent will inform you of the 1-week, 1-month, 6-months and permanent self-exclusion available. There will be no variation in these time periods. To proceed with this process, we will require an email response. If we do not receive a response within a further 24 - hrs, your account will be reopened and confirmed by email.
NOTICES
Any notice or other communication under this Agreement shall be in writing and shall be considered given and received when sent by email to support@Rakebit. The Users official email for communication shall be deemed the email bound to the User Account. The language of the communication shall be English.
PRIVACY POLICY AND PERSONAL INFORMATION PROCESSING AND STORAGE
- The Company is taking effective measures to protect User’s private data from any unauthorized use and is only making it available to parties involved in providing of gambling services through the website. Notwithstanding this, the Company takes all necessary measures to ensure that such third parties, for example, third party software providers or affiliates, are subject to the non-disclosure agreement with regard to such private data processing and take all necessary steps to ensure their safety.
- Rakebit has developed a Privacy Policy that governs the use and protection of User’s private information according to the applicable laws and good practices (based on General Data Protection Regulations (“GDPR”) or the Regulation (EU) 2016/679). The full text of the Privacy Policy is made available on the Platform and can be accessed at: Rakebit/policy/privacy.
- The User acknowledges that there are certain risks of Rakebit being attacked by electronic means in order to obtain the private information. Rakebit assures You that it takes all possible and reasonable measures to avoid such attacks and ensure the safety of your personal data.