IMPORTANT LEGAL NOTICE
Make use of our website; use the software utilised in order to use our services and participate in our services; and to any correspondence between us and yourself.
Please read these terms and conditions carefully. If you do not accept these terms and conditions or any other of our website rules do not use our website or our services. Your continued use of the website is acceptance by you of our website rules.
Our website rules form the sole legal agreement between you and us. These terms and conditions are subject to change as set out in clause 17 below.
Is defined in clause 3.1., and a user must register an account in order to use our Services.
The Company, We or Us
Chances is owned and operated by KO Enterprises B.V., a company licensed and regulated by the laws of Curaçao and is authorized to operate under License No. 1668/JAZ, granted by the Government of Curaçao to Curaçao eGaming.
An account which has had no transactions performed for a continuous period of thirty (30) months from the date of the last account login date.
Any application access devices, including but not limited to personal computers, laptops, mobile telephones, personal digital assistants, DDA phones, hand-held or any other devices employed for the registration on or use of and access to our Website, participation in or use of our Services and use of our Software.
The rules that govern the betting products and services provided by us on our Website, as may be amended from time to time.
Casino Games' Rules
The rules that govern the casino products and services provided by us on our Website, as may be amended from time to time.
Maximum Deposit Amount
Means the maximum amount you are permitted to deposit into your player's account in any one payment, being the sum of 5.000 USD or the maximum permitted by the payment method of choice, and the maximum aggregate amount you may pay into your account on any one day being the sum of 100.000 USD or the maximum permitted by the payment method of choice; whichever limit is the lower shall apply.
Means the total winnings credited to your account by us in any day which shall not exceed the total sum of 100.000 USD, or its equivalent in any other currency, per day.
Maximum Withdrawal Amount
Means the maximum amount you are permitted to withdraw from your player's account in any one payment, being the sum of 5.000 USD or the maximum permitted by the payment method of choice, and the maximum aggregate amount you may withdraw from your account on any one day being the sum of 30.000 USD or the maximum permitted by the payment method of choicel; whichever limit is the lower shall apply.
Means the minimum amount you can deposit to your player's account in any one payment, being 5 USD or as permitted by the payment method of choice; whichever limit is the highest shall apply.
Minimum Withdrawal Amount
Means the minimum amount you can withdraw from your player's account in any one payment, being 10 USD or as permitted by the payment method of choice; whichever limit is the highest shall apply.
Means a sum greater than 2.000 USD deposited in any 180-day period.
Responsible Gaming Rules
Refers to our policy on responsible gaming and keeping gambling enjoyable for all our players.
Afghanistan, Aland Islands, Albania, Algeria, American Samoa, Anguilla, Antarctica, Armenia, Aruba, Australia, Bahrain, Belgium, Belize, Bermuda, Bhutan, Bosnia and Herzegovina, British Indian Ocean Territory, Brunei Darussalam, Bulgaria, Cambodia, Caribbean Netherlands, Cayman Islands, Chile, China, Colombia, Comoros, Croatia, Cuba, Curaçao, Cyprus, Denmark, Dominica, Dominican Republic, El Salvador, Eritrea, Estonia, Ethiopia, Falkland Islands, Faroe Islands, Fiji, France, French Guiana, French Polynesia, French Southern Territories, Gambia, Gibraltar, Greece, Greenland, Guadeloupe, Guam, Guinea, Hong Kong, Iceland, India, Indonesia, Iran, Iraq, Ireland, Isle of Man, Israel, Italy, Japan, Jersey, Jordan, Kazakhstan, Kuwait, Kyrgyzstan, Lao People's Democratic Republic, Latvia, Lebanon, Libya, Lithuania, Luxembourg, Macedonia, Malaysia, Maldives, Martinique, Mauritania, Mauritius, Mayotte, Moldova, Montenegro, Nepal, New Caledonia, Nigeria, North Korea, Northern Mariana Islands, Oman, Pakistan, Panama, Philippines, Puerto Rico, Qatar, Réunion, Romania, Rwanda, Saint Barthélemy, Saint-Martin (France), San Marino, Saudi Arabia, Serbia, Singapore, Slovakia, Slovenia, Somalia, South Africa, South Korea, South Sudan, Spain, St. Pierre and Miquelon, Sudan, Syria, Taiwan, Thailand, The Netherlands, Turkmenistan, Turks and Caicos Islands, Tuvalu, Uganda, United Arab Emirates, United Kingdom, United States, United States Minor Outlying Islands, Uzbekistan, Vanuatu, Vatican, Vietnam, Virgin Islands (British), Virgin Islands (U.S.), Wallis and Futuna Islands, Yemen.
Services / Software
Means any and all software on our Website and/or downloaded through our Website and includes but is not limited to any software, licensed program, data file or other content and installation and connection equipment, which enables you to visit, connect or participate in the gaming / betting services.
Means a sum greater than Euro 2,000; or its equivalent sum in any other currency, deposited in any 180-day period.
Means our website under the domain name www.chances.pe
PRE-CONDITIONS FOR REGISTERING AND OPENING AN ACCOUNT WITH US
You may only access, register, use our Website, register and open an Account and participate in and use our Services and Software if you: -
By accessing, registering or using our Website, registering and opening an account with us and for participating in and using our Services and our Software, you confirm warrant and represent to us that you: -
Are at least 18 years of age or the legal minimum age in your country of residence (whichever is higher) as is applicable under the relevant legislation in the jurisdiction from which you are accessing the Website and using our Services and our Software;
IF YOU ARE UNDER 18 YEARS OF AGE OR UNDER THE LEGAL MINIMUM AGE IN YOUR COUNTRY OF RESIDENCE (WHICHEVER IS HIGHER) OR YOU DO NOT HAVE LEGAL CAPACITY TO CONTRACT WITH US PLEASE LEAVE THIS WEBSITE IMMEDIATELY.
By accessing registering or using our Website or registering and opening an Account with us or participating in and using our Services or our Software, you confirm warrant and represent to us that: -
You warrant and represent to us that: -
You will not use any device, software, robot, spider, artificial intelligence or other method or anything in the nature of the foregoing to interfere or attempt to interfere with or in connection with our Website, our Services and/or our Software.
BEFORE USING, ACCESSING OR REGISTERING ON OUR WEBSITE, REGISTERING OR OPENING AN ACCOUNT WITH US OR FROM PARTICIPATING IN OR USING OUR SERVICES OR OUR SOFTWARE, THE RESPONSIBILITY IS YOURS TO OBTAIN LEGAL ADVICE TO ENSURE THAT THE USE, ACCESS OR REGISTRATION ON OUR WEBSITE AND THE PARTICIPATION IN AND USE OF OUR SERVICES AND OUR SOFTWARE IS NOT CONTRARY TO ANY LAWS APPLICABLE TO YOU.
REGISTRATION AND USE OF ACCOUNT
1. Opening an Account
You may only register one player account with Knockout Gaming Limited, meaning you can only have one player account under the Knockout's brands. If we suspect that you have registered more than one account with Knockout Gaming Limited or any of the group brands we reserve the right to suspend and close any subsequent account created, leaving the first registered account open.
Knockout Gaming Limited, reserves the right to suspend or close any subsequent account created, and forfeiture of any funds you may have won or deposited to which you are otherwise entitled, if we detect any attempts to:
Defraud / abuse of player rewards through the use of multiple account, regardless of the outcome.
Open any additional account to contravene responsible gaming limits and exclusions.
Credit Checking and Player Verification
You hereby consent and agree to us carrying out such age verification, identity, payment card details, residence or other checks on you as we require and you agree to us contacting:
- third parties to carry out verification of information you provide to us.
- you via email or phone as part of the verification process.
Username and password and your account
Use of Account
Subject to the Maximum Withdrawal Amount and the Minimum Withdrawal Amount, you may withdraw funds from your account at any time provided: -
From time to time, we will hold funds which are not allocated to customers. This may occur for a number of reasons including where a customer's winnings are forfeited, or if we are unable to place funds in an account because it has already been closed by the customer.
Suspension, deactivation and Closure of your account
We reserve the right immediately without notice at our sole and absolute discretion to suspend or close your account at any time. Circumstances in which we may need to suspend or close your account immediately without notice at our sole and absolute discretion include but are not limited to where:
Failure to comply with our anti money laundering, prevention of terrorist finance and anti-bribery procedures. You have the right to close your account at any time. If you do cancel your account, you must cease: -
If You have not logged into Your account or otherwise not accessed or used it for a continuous period of thirty (30) months or longer your account shall be deemed to be dormant.
If no transaction has been recorded on a player's account for thirty (30) months, we shall remit the balance in that account to you.
We may close Your account if You maintain a balance of zero for a period of over ninety (90) days.
We reserve the right to cease your account or limit your participation in our Services for any reason, including but not limited to harassment of other players, posting of objectionable material, creating numerous accounts, game fraud or any breach of our Website Rules.
Breach of terms of our Website Rules by you - Suspension and Closure of Account: Failure to comply with any of our Website Rules constitutes a material breach of our Website Rules upon which you are permitted to use, access or register on our Website or participate in or use our Services or our Software and may result in us taking all or any of the following actions:
Limitation of Liability
Nothing in our Website Rules shall exclude or limit the Company's liability for:
TERMS UNDER WHICH BETS ARE ACCEPTED
Allocation of funds for player account with active bonus
Player funds balance is split in 4 categories: Current (Total of all balances), Available (Withdrawable), Locked (Restricted until conditions fulfilled) or Bonus (Funds linked to a bonus). Deposits to player accounts are credited against locked balance until: i. turned over once (if there is no bonus associated); ii. until bonus conditions are satisfied (if these is a bonus linked to the deposit). Once the all requirements have been met, any remaining locked funds will be transferred to the Available balance.
Once a player claims a bonus, that player commits to the requirements of the bonus. While the player is in the process of fulfilling these requirements, the deposit associated to that bonus shall be locked until bonus rollover completed and bonus released accordingly.
When a bonus is claimed and activated, funds will be used in the following sequence: Locked, Bonus, Available. The deposited funds shall remain in locked balance until lost or bonus conditions fulfilled. Winnings from locked funds shall be allocated to bonus balance until bonus is released. If a bonus is forfeit by the player or by us for any reason or expires, before the bonus requirements are complete, the whole bonus balance shall be forfeit.
Only bets placed with funds associated to the bonus (locked and bonus balances), shall contribute to the rollover requirements. Bets placed using available balance or locked deposit funds not linked to a bonus, shall not contribute to the bonus turnover requirements.
Below is an example of player betting history illustrating, how funds are allocated to the different categories and how bonus turnover contribution is managed. Example for a deposit of USD 100 for 100% bonus, turnover required USD 1600
|Available||Locked||Bonus||Bonus Turnover contribution|
|Player Deposits USD 100||USD 0||USD 100||USD 0||-|
|Player Activates Bonus||USD 0||USD 100||USD 100||-|
|Player Makes USD50 (Bet1)||USD 0||USD 50||USD 100||-|
|Player wins USD 200 from Bet1||USD 0||USD 100||USD 250||USD 50|
|Player Deposits USD100||USD 0||USD 200||USD 250||-|
|Player Bets USD 450 (on Bet2)||USD 0||USD 0||USD 0||-|
|Player Win USD 900 from Bet2||USD 200||USD 100||USD 600||USD 350|
|Player Bets USD 100 (on Bet3)||USD 200||USD 0||USD 600||-|
|Player Loses Bet3||USD 200||USD 0||USD 600||USD 100|
At this point based on the transactions listed above the customer has USD 200 available to withdraw, has USD 0 which is locked and USD 600 in bonus funds so far having turned over USD 500 in turnover with USD 1100 left to turnover from bonus funds to convert Bonus funds to Available funds.
You agree to fully indemnify, defend and hold harmless us and our officers, directors, employees, shareholders, licences, licensors, affiliates and subsidiaries or agents of any of them, from and against all claims; demand liabilities, damages, losses, costs and expenses including legal fees and any other charges whatsoever however caused that may arise as a result of:
LICENCE AND INTELLECTUAL PROPERTY
You may not:
THIRD PARTY RIGHTS
SURVIVAL OF TERMS
CHANGE TO TERMS AND CONDITIONS
GOVERNING LAW AND JURISDICTION
The Spanish version of these terms and conditions prevails over any non-Spanish version.
Published on: 22.06.2018
Version number: 1.02