Understanding Lotus365 Terms and Conditions
Prior to using our Lotus365 website and mobile application, it is essential that you acknowledge and comply with our Privacy Policy as well as the regulations governing our betting and gaming offerings. We sincerely request that you carefully review the Terms and Conditions before accepting and utilizing them on our website.
Users Account
Application Process
To register on Lotus365, users must be at least 18 years old and possess the legal capacity to place bets. Falsification of data will result in account suspension. Upon registration, a confidential confirmation email will be sent. Failure to confirm will restrict access to the platform. By agreeing to the terms, users grant Lotus365 the right to periodically verify their information.
Account Information
Users are responsible for choosing a secure username and password. This information should be kept confidential, as users are liable for all activities associated with their account. Suspected compromise of account details should prompt immediate password changes or contact with support.
Personal Data Handling
Lotus365 processes data exclusively for providing online betting services. User data is not disclosed to third parties without explicit consent. However, legal requests from law enforcement agencies necessitate data sharing. Users have the right to modify or delete their data but must contact Lotus365 for such requests.
Account Closure and Suspension
Account deletion requests should be directed to Lotus365. However, accounts with negative balances cannot be deleted. Lotus365 reserves the right to suspend or close accounts when deemed necessary. In such cases, users are responsible for any associated losses.
Players Finances
Deposits and Wagers
Betting requires sufficient funds in the user’s account, necessitating a deposit. Deposits must be made from the account linked to the user’s name. Accounts with mismatched details may face restrictions or closure. Lotus365 staff cannot offer loans, and erroneous transfers may lead to account cancellation.
Currency Exchange Service
The currency exchange service is exclusively for placing bets. Any other use may result in account closure, and funds received via this service may be withheld. Lotus365 does not charge for deposits made via debit card.
Withdrawals
Withdrawals must be made in the user’s name and can be initiated through the account’s “Withdraw” tab. There is no fixed daily withdrawal limit, but frequent requests may require personal data confirmation.
Betting Procedures
Placing Bets
Lotus365 reserves the right to reject bet requests. All bets are placed at the user’s risk. Bets can be made online or via phone. Users are responsible for the accuracy of their bet information. After placement, bets cannot be edited or canceled.
Bet Confirmation
Bets require sufficient funds in the user’s account to be valid. Telephone bets need confirmation from a Lotus365 operator. Each bet is assigned a unique transaction code and is considered valid only after full payment is received.
Settlements and Payouts
Lotus365 may cancel bets at any time and halt betting on specific markets without notice. Winnings are credited to the user’s balance. Incorrectly credited amounts may be withdrawn without warning. Lotus365 may cancel bets involving identical choices by a single individual. Bets accepted after a match begins remain valid if the outcome is unknown.
Use of the Site’s Terms and Conditions
Website Content and Permitted Use
Commercial dissemination of personal information or any part of the Site is prohibited. The Site is exclusively for betting on events and gaming services. Any use for illegal purposes or the benefit of third parties is strictly prohibited. Lotus365 may report suspicious activities to law enforcement agencies.
Your Equipment and Software
The performance of a website may be influenced by the quality of your internet connection. Lotus365 is not responsible for device-induced errors. Users are advised to report any identified site errors. Lotus365 is not liable for damages or data loss due to mobile application malfunctions.
To get the most out of our app, you should download special software that some games and sites need. You can’t install or download our software to a computer or other network device to make it available to everyone on the Internet. You also can’t rent or sell it, change how it works, or try to get at its source code. Do not forget that you do not own the program. It belongs to Lotus365. You can use our software without any responsibilities or guarantees, and we can’t promise that it will meet your needs.
Our Responsibility and Rights
We don’t take responsibility for any losses that may have happened or are thought to have happened because of the website or its material (delays, interruptions, data loss or damage, etc.). We try to make sure that the information on our website is correct, but we can’t promise that the information and materials on our website are correct or full. Contractually or formally, we are not responsible for lost earnings, lost income, lost data, or any other direct or indirect harm.
International copyright laws and other rules about intellectual property protect the information on our Site. The rights belong to Lotus365 and third-party publishers. All of the names and images of products and companies that are described on the Site are trademarks, or trade names of their owners, including Lotus365. Any use or exploitation of the website or its material for business purposes is strictly forbidden.