📃TERMS AND CONDITIONS

Rules for platform use.

Last updated: 1st of January 2023

1. Introduction These terms and conditions and the documents referred to below (the "Terms") apply to the use of the current website (the "Website") and its related or connected services (collectively, the "Service").

You should carefully review these Terms as they contain important information concerning your rights and obligations concerning the use of the Website and form a binding legal agreement between you - our customer (the "Customer"), and us. By using this Website and/or accessing the Service, you, whether you are a guest or a registered user with an account (“Account”), agree to be bound by these Terms, together with any amendments, which may be published from time to time. If you do not accept these Terms, you should refrain from accessing the Service and using the Website.

The Service is owned by PWN Technologies N.V., a limited liability company registered in Curacao with company registration number 162901, with a registered address at Zuikertuintjeweg (Zuikertuin Tower) (“Company”), licensed in Curaçao under the License #365/JAZ issued by Gaming Services Provider N.V. for the provision of online games of chance.

1. General Terms We reserve the right to revise and amend the Terms (including any documents referred to and linked to below) at any time. You should visit this page periodically to review the Terms and Conditions. Amendments will be binding and effective immediately upon publication on this Website. If you object to any such changes, you must immediately stop using the Service. Your continued use of the Website following such publication will indicate your agreement to be bound by the Terms as amended. Any bets not settled before the changed Terms take effect will be subject to the pre-existing Terms.

2. Your Obligations You acknowledge that at all times when accessing the Website and using the Service:

3.1. You are over 18, or the legal age at which gambling, or gaming activities are allowed under the law or jurisdiction that applies to you. We reserve the right to request proof of age documents from you at any time.

3.2. You are of legal capacity and can enter into a binding legal agreement with us. You must not access the Website or utilize the Service if you are not of legal capacity.

3.3. You are a resident in a jurisdiction that allows gambling. You are not a resident of any country in which access to online gambling to its residents or to any person within such country is prohibited. It is your sole responsibility to ensure that your use of the service is legal.

3.4. You may not use a VPN, proxy, or similar services or devices that mask or manipulate the identification of your real location.

3.5. You are the authorized user of the payment method you use.

3.6. You must make all payments to us in good faith and not attempt to reverse a payment made or take any action that will cause such payment to be reversed by a third party.

3.7. When placing bets, you may lose some or all of your money deposited to the Service in accordance with these Terms, and you will be fully responsible for that loss.

3.8. When placing bets, you must not use any information obtained in breach of any legislation in force in the country in which you were when the bet was placed.

3.9. You are not acting on behalf of another party or for any commercial purposes but solely on your behalf as a private individual in a personal capacity.

3.10. You must not attempt to manipulate any market or element within the Service in bad faith nor in a manner that adversely affects the integrity of the Service or us.

3.11. You must generally act in good faith in relation to us of the Service at all times and for all bets made using the Service.

3.12. You or, if applicable, your employees, employers, agents, or family members, are not registered as an Affiliate in our Affiliate program.

1. Restricted use 4.1. You must not use the Service:

4.1.1. If you are under the age of 18 years (or below the age of majority as stipulated in the laws of the jurisdiction applicable to you) or if you are not legally able to enter into a binding legal agreement with us or you are acting as an agent for, or otherwise on behalf of, a person under 18 years (or below the age of majority as stipulated in the laws of the jurisdiction applicable to you);

4.1.2. If you reside in a country in which access to online gambling to its residents or to any person within such country is prohibited.

4.1.3. If you are a resident of one of the following countries, or accessing the Website from one of the following countries:

United States of America and its territories, France and its territories, Netherlands and its territories and countries that form the Kingdom of Netherlands, including Bonaire, Sint Eustatius, Saba, Aruba, Curaçao, and Sint Maarten, Australia and its territories, United Kingdom of Great Britain and Northern Ireland, Spain Cyprus,

4.1.4. To collect nicknames, e-mail addresses, and/or other information of other Customers by any means (for example, by sending spam, other types of unsolicited emails, or the unauthorized framing of, or linking to, the Service);

4.1.5. To disrupt or unduly affect or influence the activities of other Customers or the operation of the Service generally;

4.1.6. To promote unsolicited commercial advertisements, affiliate links, and other forms of solicitation which may be removed from the Service without notice;

4.1.7. In any way which, in our reasonable opinion, could be considered as an attempt to: (i) cheat the Service or another Customer using the Service; or (ii) collude with any other Customer using the Service to obtain a dishonest advantage;

4.1.8. To scrape our odds or violate any of our Intellectual Property Rights; or

4.1.9. For any unlawful activity whatsoever.

4.2. You cannot sell or transfer your account to third parties, nor can you acquire a player account from a third party.

4.3. You may not, in any manner, transfer funds between player accounts.

4.4. We may immediately terminate your Account upon written notice to you if you use the Service for unauthorized purposes. We may also take legal action against you for doing so in certain circumstances.

4.5. Employees of the Company, its licensees, distributors, wholesalers, subsidiaries, advertising, promotional or other agencies, media partners, contractors, retailers, and members of the immediate families of each are NOT allowed to use the Service for real money without prior consent from the Company Director or CEO. Should such activity be discovered, the account(s) will be immediately terminated, and all bonuses/winnings will be forfeited.

1. Registration You agree that at all times when using the Service:

5.1. We reserve the right to refuse to accept a registration application from any applicant at our sole discretion and without any obligation to communicate a specific reason.

5.2. Before using the Service, you must personally complete the registration form and read and accept these Terms. In order to start betting on the Service or withdraw your winnings, we may require you to become a verified Customer which includes passing certain checks. You may be required to provide valid proof of identity, age, and address.

5.3. You must provide us with accurate, complete, and up-to-date information when prompted to do so by the Service registration form and update such information to keep it accurate, complete, and up-to-date.

5.4. You must register personally and may not open multiple Accounts.

5.5. You must use your own name and personal information, and the name and personal information you use for registration must match the name and personal information on the credit/debit cards or other payment accounts used to deposit or receive monies in your Account.

5.6. If you open or attempt to open more than one Account, we may close all your Accounts, and you may forfeit all winnings and bonuses.

5.7. We are entitled to run your age verification checks and request that you provide us with documentation, as part of our KYC (Know Your Customer) procedures, to verify your age and identity. If you have not successfully completed these age verification checks and these checks have not been carried out to our satisfaction then your Account may be suspended until such checks are successfully completed.

1. Your Account You understand that:

6.1. The Account balance is available in multiple currencies.

6.2. We will not grant you any credit whatsoever for the use of the Service.

6.3. We reserve the right to close, suspend, or limit your Account at our sole discretion.

6.4. We reserve the right to limit, cancel, or suspend any bet placed by you at any time if you have unpaid debts with us or if you have violated any of these Terms.

6.5. If we mistakenly credit your Account with winnings that do not belong to you, whether due to a technical or human error or otherwise, the amount will remain our property, and we reserve the right to reclaim the full amount incorrectly credited.

6.6. Your attention is drawn to our policies concerning responsible gambling.

6.7. Your funds in your Account do not bear any interest.

1. Inactive Accounts You acknowledge that:

7.1. If your Account is inactive (i.e., you do not log in to your Account or place a cash bet) for 12 months or more, and your Account is in credit, we will charge an administration fee of €5 per month on the Account from the 13th month until your Account is either deactivated, the balance is zero, or you reactivate your Account by logging in or placing a bet.

7.2. We will notify you via email before we commence charging such administration fees.

7.3. If your Account is inactive and the balance is zero, we may close it.

7.4. If your Account is closed under Section 7.3, you may contact Customer Services to recover any remaining balance.

7.5. If you do not contact Customer Services, your remaining balance will be forfeited.

1. Deposit of Funds You agree that:

8.1. You will only deposit funds from a bank account or payment method registered in your name.

8.2. Additional fees may apply to your deposits. You are responsible for any bank charges related to your deposits.

8.3. Your Account will be credited with the amount of the deposit only after we have received the funds and they have been confirmed by the relevant payment provider.

8.4. You will not attempt to deposit any funds obtained from illegal or fraudulent activities.

1. Withdrawal of Funds You understand that:

9.1. You may request a withdrawal of funds from your Account at any time, provided that you have complied with these Terms.

9.2. Withdrawal amounts may be subject to certain limits.

9.3. We reserve the right to perform additional verification procedures for any withdrawal.

9.4. If you request a withdrawal, the funds will be paid to you using the same payment method from which the funds were received.

1. Payment Transactions and Processors You acknowledge and agree that:

10.1. You are solely responsible for paying all monies owed to us.

10.2. We may use third-party payment processors to process your payments. Your use of third-party payment processors is subject to their terms of service.

10.3. We may, at our sole discretion, perform checks on the financial transactions made by you to prevent money laundering, terrorism financing, and other financial crimes. Such checks may include, but are not limited to, source of funds checks, identity verification checks, and checks for any suspicious transactions.

1. Errors You understand and agree that:

11.1. In the event of an error, all bets will be rendered void.

11.2. You must immediately inform us of any error with the Service.

11.3. We reserve the right to correct errors and recover overpaid amounts.

1. Rules of Play, Refunds, and Cancellations You acknowledge and accept:

12.1. Winning bets will be determined on the date of event settlement.

12.2. All results become final 72 hours after the event settlement date unless there is an obvious error.

12.3. Refunds will be issued if a match result is overturned by the governing body.

1. Communications and Notices You agree that:

13.1. All communications with us must be made through the Customer Support form.

13.2. Communications may be posted on the Website or sent to the email address associated with your Account.

1. Matters Beyond Our Control You acknowledge and understand that:

14.1. We are not liable for any failure or delay due to matters beyond our control, including but not limited to acts of God, war, terrorism, pandemics, labor disputes, and technical failures.

These Terms and Conditions constitute the entire agreement between you and us and supersede all prior agreements, understandings, and representations.

15. Liability

15.1. TO THE EXTENT PERMITTED BY APPLICABLE LAW, WE WILL NOT COMPENSATE YOU FOR ANY REASONABLY FORESEEABLE LOSS OR DAMAGE (EITHER DIRECT OR INDIRECT) YOU MAY SUFFER IF WE FAIL TO CARRY OUT OUR OBLIGATIONS UNDER THESE TERMS UNLESS WE BREACH ANY DUTIES IMPOSED ON US BY LAW (INCLUDING IF WE CAUSE DEATH OR PERSONAL INJURY BY OUR NEGLIGENCE), IN WHICH CASE, WE SHALL NOT BE LIABLE TO YOU IF THAT FAILURE IS ATTRIBUTED TO: (I) YOUR OWN FAULT; (II) A THIRD PARTY UNCONNECTED WITH OUR PERFORMANCE OF THESE TERMS (FOR INSTANCE PROBLEMS DUE TO COMMUNICATIONS NETWORK PERFORMANCE, CONGESTION, AND CONNECTIVITY OR THE PERFORMANCE OF YOUR COMPUTER EQUIPMENT); OR (III) ANY OTHER EVENTS WHICH NEITHER WE NOR OUR SUPPLIERS COULD HAVE FORESEEN OR FORESTALLED EVEN IF WE OR THEY HAD TAKEN REASONABLE CARE. AS THIS SERVICE IS FOR CONSUMER USE ONLY, WE WILL NOT BE LIABLE FOR ANY BUSINESS LOSSES OF ANY KIND.

15.2. IN THE EVENT THAT WE ARE HELD LIABLE FOR ANY EVENT UNDER THESE TERMS, OUR TOTAL AGGREGATE LIABILITY TO YOU UNDER OR IN CONNECTION WITH THESE TERMS SHALL NOT EXCEED (A) THE VALUE OF THE BETS AND OR WAGERS YOU PLACED VIA YOUR ACCOUNT IN RESPECT OF THE RELEVANT BET/WAGER OR PRODUCT THAT GAVE RISE TO THE RELEVANT LIABILITY, OR (B) EUR €500 IN AGGREGATE, WHICHEVER IS LOWER.

15.3. WE STRONGLY RECOMMEND THAT YOU (I) TAKE CARE TO VERIFY THE SUITABILITY AND COMPATIBILITY OF THE SERVICE WITH YOUR OWN COMPUTER EQUIPMENT PRIOR TO USE; AND (II) TAKE REASONABLE PRECAUTIONS TO PROTECT YOURSELF AGAINST HARMFUL PROGRAMS OR DEVICES, INCLUDING THROUGH INSTALLATION OF ANTI-VIRUS SOFTWARE.

1. Gambling By Those Under Age

16.1. If we suspect that you are or receive notification that you are currently under 18 years or were under 18 years (or below the age of majority as stipulated in the laws of the jurisdiction applicable to you) when you placed any bets through the Service, your Account will be suspended (locked) to prevent you placing any further bets or making any withdrawals from your Account. We will then investigate the matter, including whether you have been betting as an agent for, or otherwise on behalf, of a person under 18 years (or below the age of majority as stipulated in the laws of the jurisdiction applicable to you). If having found that you: (a) are currently; (b) were under 18 years or below the majority age which applies to you at the relevant time; or (c) have been betting as an agent for or at the behest of a person under 18 years or below the majority age which applies:

• All winnings currently or due to be credited to your Account will be retained;

• All winnings gained from betting through the Service whilst under age must be paid to us on demand (if you fail to comply with this provision we will seek to recover all costs associated with recovery of such sums); and/or

• Any monies deposited in your Account which are not winnings will be returned to you OR retained until you turn 18 years old at our sole discretion. We reserve the right to deduct payment transaction fees from the amount to return, including transaction fees for deposits to your leetbit.io account which we covered.

16.2. This condition also applies to you if you are over the age of 18 years but you are placing your bets within a jurisdiction which specifies a higher age than 18 years for legal betting and you are below that legal minimum age in that jurisdiction.

16.3. In the event we suspect you are in breach of the provisions of this Clause or are attempting to rely on them for a fraudulent purpose, we reserve the right to take any action necessary to investigate the matter, including informing the relevant law enforcement agencies.

1. Fraud

We will seek criminal and contractual sanctions against any Customer involved in fraud, dishonesty or criminal acts. We will withhold payment to any Customer where any of these are suspected. The Customer shall indemnify and shall be liable to pay to us on demand all costs, charges, or losses sustained or incurred by us (including any direct, indirect or consequential losses, loss of profit, loss of business and loss of reputation) arising directly or indirectly from the Customer’s fraud, dishonesty, or criminal act.

1. Intellectual Property

18.1. Any unauthorized use of our name and logo may result in legal action being taken against you.

18.2. As between us and you, we are the sole owners of the rights in and to the Service, our technology, software, and business systems (the "Systems") as well as our odds. You must not use your personal profile for your commercial gain (such as selling your status update to an advertiser); and when selecting a nickname for your Account, we reserve the right to remove or reclaim it if we believe it appropriate.

18.3. You may not use our URL, trademarks, trade names and/or trade dress, logos ("Marks") and/or our odds in connection with any product or service that is not ours, that in any manner is likely to cause confusion among Customers or in the public or that in any manner disparages us.

18.4. Except as expressly provided in these Terms, we and our licensors do not grant you any express or implied rights, license, title or interest in or to the Systems or the Marks, and all such rights, license, title, and interest specifically retained by us and our licensors. You agree not to use any automatic or manual device to monitor or copy web pages or content within the Service. Any unauthorized use or reproduction may result in legal action being taken against you.

1. Your License

19.1. Subject to these Terms and your compliance with them, we grant to you a non-exclusive, limited, non-transferable and non-sublicensable license to access and use the Service for your personal non-commercial purposes only. Our license to you terminates if our agreement with you under these Terms ends.

19.2. Save in respect of your content, you may not under any circumstances modify, publish, transmit, transfer, sell, reproduce, upload, post, distribute, perform, display, create derivative works from, or in any other manner exploit, the Service and/or any of the content thereon or the software contained therein, except as we expressly permit in these Terms or otherwise on the Website. No information or content on the Service or made available to you in connection with the Service may be modified or altered, merged with other data, or published in any form including, for example, screen or database scraping and any other activity intended to collect, store, reorganize or manipulate such information or content.

19.3. Any non-compliance by you with this Clause may also be a violation of our or third parties' intellectual property and other proprietary rights which may subject you to civil liability and/or criminal prosecution.

1. Your Conduct and Safety

20.1. For your protection and the protection of all our Customers, the posting of any content on the Service, as well as conduct in connection therewith and/or the Service, which is in any way unlawful, inappropriate, or undesirable is strictly prohibited (“Prohibited Behavior”).

20.2. If you engage in Prohibited Behavior, or we determine in our sole discretion that you are engaging in Prohibited Behavior, your Account and/or your access to or use of the Service may be terminated immediately without notice to you. Legal action may be taken against you by another Customer, other third party, enforcement authorities and/or us with respect to you having engaged in Prohibited Behavior.

20.3. Prohibited Behavior includes, but is not limited to, accessing or using the Service to: promote or share information that you know is false, misleading or unlawful; conduct any unlawful or illegal activity, such as, but not limited to, any activity that furthers or promotes any criminal activity or enterprise, violates another Customer's or any other third party’s privacy or other rights or that creates or spreads computer viruses; harm minors in any way; transmit or make available any content that is unlawful, harmful, threatening, abusive, tortuous, defamatory, vulgar, obscene, lewd, violent, hateful, or racially or ethnically or otherwise objectionable; transmit or make available any content that the user does not have a right to make available under any law or contractual or fiduciary relationship, including without limitation, any content that infringes a third party’s copyright, trademark, or other intellectual property and proprietary rights; transmit or make available any content or material that contains any software virus or other computer or programming code (including HTML) designed to interrupt, destroy or alter the functionality of the Service, its presentation or any other website, computer software or hardware; interfere with, disrupt or reverse engineer the Service in any manner, including, without limitation, intercepting, emulating or redirecting the communication protocols used by us, creating or using cheats, mods or hacks or any other software designed to modify the Service, or using any software that intercepts or collects information from or through the Service; retrieve or index any information from the Service using any robot, spider, or other automated mechanism; participate in any activity or action that, in the sole and entire unfettered discretion of us results or may result in another Customer being defrauded or scammed; transmit or make available any unsolicited or unauthorized advertising or mass mailing such as, but not limited to, junk mail, instant messaging, "spim", "spam", chain letters, pyramid schemes or other forms of solicitations; create Accounts on the Website by automated means or under false or fraudulent pretenses; impersonate another Customer or any other third party, or any other act or thing done that we reasonably consider to be contrary to our business principles. The above list of Prohibited Behavior is not exhaustive and may be modified by us at any time or from time to time. We reserve the right to investigate and to take all such actions as we in our sole discretion deem appropriate or necessary under the circumstances, including without limitation deleting the Customer’s posting(s) from the Service and/or terminating their Account, and take any action against any Customer or third party who directly or indirectly in, or knowingly permits any third party to directly or indirectly engage in Prohibited Behavior, with or without notice to such Customer or third party.

1. Links to Other Websites

The Service may contain links to third party websites that are not maintained by, or related to, us, and over which we have no control. Links to such websites are provided solely as a convenience to Customers and are in no way investigated, monitored or checked for accuracy or completeness by us. Links to such websites do not imply any endorsement by us of, and/or any affiliation with, the linked websites or their content or their owner(s). We have no control over or responsibility for the availability nor their accuracy, completeness, accessibility and usefulness. Accordingly when accessing such websites we recommend that you should take the usual precautions when visiting a new website including reviewing their privacy policy and terms of use.

1. Complaints

22.1. If you have any concerns or questions regarding these Terms you should contact our Customer Service Department via the links on the Website and use your Registered Email Address in all communication with us.

22.2. NOTWITHSTANDING THE FOREGOING, WE TAKE NO LIABILITY WHATSOEVER TO YOU OR TO ANY THIRD PARTY WHEN RESPONDING TO ANY COMPLAINT THAT WE RECEIVED OR TOOK ACTION IN CONNECTION THEREWITH.

22.3. If a Customer is not satisfied with how a bet has been settled then the Customer should provide details of their grievance to our Customer Service Department. We shall use our reasonable endeavours to respond to queries of this nature within a few days (and in any event we intend to respond to all such queries within 28 days of receipt).

22.4. Disputes must be lodged within three (3) days from the date the wager in question has been decided. No claims will be honored after this period. The Customer is solely responsible for their Account transactions.

22.5. In the event of a dispute arising between you and us our Customer Service Department will attempt to reach an agreed solution. Should our Customer Service Department be unable to reach an agreed solution with you, the matter will be escalated to our management.

22.6. Should all efforts to resolve a dispute to the Customer's satisfaction have failed, the Customer has the right to lodge a complaint with our licensing body Gaming Services Provider N.V.

1. Assignment

Neither these Terms nor any of the rights or obligations hereunder may be assigned by you without the prior written consent of us, which consent will not be unreasonably withheld. We may, without your consent, assign all or any portion of our rights and obligations hereunder to any third party provided such third party is able to provide a service of substantially similar quality to the Service by posting written notice to this effect on the Service.

1. Severability

In the event that any provision of these Terms is deemed by any competent authority to be unenforceable or invalid, the relevant provision shall be modified to allow it to be enforced in line with the intention of the original text to the fullest extent permitted by applicable law. The validity and enforceability of the remaining provisions of these Terms shall not be affected.

1. Breach of These Terms

Without limiting our other remedies, we may suspend or terminate your Account and refuse to continue to provide you with the Service, in either case without giving you prior notice if, in our reasonable opinion, you breach any material term of these Terms. Notice of any such action taken will, however, be promptly provided to you.

1. General Provisions

26.1. Term of agreement. These Terms shall remain in full force and effect while you access or use the Service or are a Customer or visitor of the Website. These Terms will survive the termination of your Account for any reason.

26.2. Gender. Words importing the singular number shall include the plural and vice versa, words importing the masculine gender shall include the feminine and neuter genders and vice versa and words importing persons shall include individuals, partnerships, associations, trusts, unincorporated organisations and corporations.

26.3. Waiver: No waiver by us, whether by conduct or otherwise, of a breach or threatened breach by you of any term or condition of these Terms shall be effective against us unless made in writing and duly signed by us. Unless otherwise provided in the written waiver, it shall be limited to the specific breach waived. The failure of us to enforce any term or condition of these Terms at any time shall not be construed as a waiver of such provision or of our right to enforce it at any other time.

26.4. Acknowledgment: By accessing or using the Service henceforth, you acknowledge having read, understood, and agreed to each paragraph of these Terms. Consequently, you hereby irrevocably waive any future argument, claim, demand, or proceeding contrary to anything contained in these Terms.

26.5. Language: In case of a discrepancy between the English language version of these rules and any other language version, the English language version will be deemed correct.

26.6. Governing Law: These Terms are governed by the law in force in Curaçao.

26.7. Entire Agreement: These Terms constitute the entire agreement between you and us regarding your access to and use of the Service, superseding all other prior agreements and communications, whether oral or written, concerning the subject matter herein.