Terms & Conditions
Legal Information
- Legal name
BettingSoftware.com
- Operated by
IBC-BROKER B.V.
- Address
- Payments are processed by
- License
- Licensed and regulated by
The following Terms & Conditions are specific to BettingSoftware.com, and serve as an addition to the general Terms & Conditions of the agent services provided by IBC Broker. In case the relevant page is unavailable in your language, or its translation is not fully updated, the T&C on the English page in this site, or the ones at the equivalent agreement posted on BET-IBC, is the source that you should refer to, in case of need.
Bets
Regulations Concerning Your Account
By using our services you provide your acceptance and confirmation that:
a. Your activities during your use of our services will not be in violation of any laws, relevant rule or regulation, codes of best practice and conduct, nor will they be under any way connected to a third party.
b. You are 18 years of age and above, and of absolute legal capacity.
c. It is in our absolute discretion to allow or deny access or permission for the use of our platform.
d. You are solely responsible for the safe keeping of your login information (username and password) which you will not disclose to any third party. You are also solely responsible to immediately bring to our attention any use of the platform that is not authorized.
e. You will be required to provide authentication of your identification during your registration stage, as certification that you are the sole owner of the payment method that you use to transfer the money from.
f. We bear no responsibility about the legality of our service in the country where you reside. You have the responsibility to check.
g. You can open an account via BettingSoftware.com if you are NOT a resident of the following countries: Aruba, Australia, Cuba, Curaçao, Iran, Moldova, Myanmar, North Korea, Russia, Sint Maarten, the Netherlands, the United States of America and their affiliated areas of Puerto Rico, Guam, the U.S. Virgin Islands, American Samoa and the Northern Mariana Islands.
Regulations about the Usage of the Accounts
a. Our software is to be used only for legal betting activity. Under no circumstances are you to use any of our services in a manner that is illegal, either in the jurisdiction of your location, or in violation of international or European Union rules and regulations.
b. The responsibility and the liability for any and all bets that you place. as well as the financial results of your betting activity, is yours and yours alone. BettingSoftware.com cannot and will not be held liable for any losses that may be incurred through the use of our platform.
c. Understanding how our site works and comprehending its content, is a responsibility that is completely yours.
d. You will provide your full cooperation regarding the provisions of our software and any investigation on issues of security infraction, interruption of service, and/or outage.
e. You will provide any relevant information that is required, within reason, for the interaction of any third-party software, or business application, with our platform and for any and all security concerns. Said information must be accurate, true and complete.
f. You are to undertake the completion of any and all of your obligations in a manner that is both timely and efficient. Should there be any breaches, either actual or suspected, you must bring them to our attention immediately.
g. We are under no circumstances responsible for delays, losses, damages or any other mishap that may occur, if you are not fully compliant with your obligations as stated in this agreement.
h. We reserve the right to perform safety checks and/or apply fees if your ROI at any given time provides reason of abnormal or even fraudulent practices.
i. The minimal initial deposit to open a regular account is 100 EUR. This amount may vary depending on the payment option of your choice and the account you are interested in, but should not be lower. The minimal initial deposit to open a regular account is 2 000 EUR for players of Indian/Bangladesh/Pakistan citizenship.
j. You also agree that if you wish to open more than 1 account per Bookmaker, a higher fee will be applicable for each transfer (up to 10%).
k. You acknowledge that in case you have included any incorrect or inaccurate details (for example: payment address/method, username, name, etc.) in a transfer request form, an additional fee (of up to 5%) may be applied. Similarly, if you request a withdrawal of a higher amount than the balance of your account, another additional fee of 5% will be charged. Any fee higher than the standard, will be deducted from the account, in addition to the amount requested.
l. In order to withdraw funds from a player account, a 3x turnover is required, otherwise, an additional fee of up to 10% will be imposed on your transaction.
m. An agent is obliged to generate 5x the turnover of his deposits, prior to withdrawal, in accordance to our anti-money laundering (AML) policy. In case the requirement is not met, we reserve the right to cancel the withdrawal request.
n. You acknowledge that for BF/MB type of exchanges, there is a transaction fee of 5%.
o. All transfers for currencies other than EUR are processed with an additional fee of 5%.
p. You can only request withdrawal of your yesterday’s account balance, otherwise an additional fee of 5% might occur.
q. Always include your username (not the nickname you may set up) as a reference when you deposit via the payment methods you chose, otherwise, additional fees might be applied.
r. You acknowledge that in case your bet is not settled in 24 hours, it is your sole responsibility to contact BettingSoftware.com support immediately; resettlements after 72 hours will not be possible.
s. Skrill and Neteller deposits/withdrawals might be limited to a certain amount per calendar week/month.
Check our guide on how we count turnover in order to make sure all your transfer requests are processed timely without any delays.
Data Reliability of the Platform
a. Any and all information that is presented in reference to prices, volume or markets, and is provided by the bookmakers (“Offers”), is presented “as is”. BettingSoftware.com does not guarantee, or is in any way responsible, for the accuracy of said information.
b. Should there be any inaccuracy, or incorrect information is presented, then you accept that BettingSoftware.com shall bear no liability. Any and all offers are presented in a timely fashion. However, there can be no guarantee as to the status of the offer at the time you decide to place a bet.
Maintenance and/or Suspension of the Platform
Access to our platform may be terminated, suspended, or limited, at our discretion and without any form of liability:
a. Should there be a need to protect the interests of our clients, our own, and those of any third party, or to protect the security of our systems, network, and assets.
b. Should there be a breach of the terms mentioned herein.
c. Should you have failed to provide your full cooperation in reference to any possible or suspected breach.
d. Should we be compelled to comply to a law or an order from any relevant authority.
Exemptions
Proprietary Regulations
a. Actually, or attempt to, make any copies, duplications, modifications, republications, transmissions or distribution of any part or the whole of the platform, including any relevant documentation or media, by any means.
b. Proceed or attempt to proceed in reverse engineering, disassembling, or recompiling of any or all of the parts of the software.
c. Try to construct a similar product or an equivalent service that will act as competition to the platform.
d. Use our services to accommodate any third party.
e. Try to exploit commercially via sales, renting, assigning, disclosing, licensing, or by any other means, any part of the platform or the whole of it.
f. Without our consent, attempt to assist others in receiving access to our software.
Protection of our Interests
Waivers
Any rules, regulations, warranties, conditions, representations, or any other terms (regardless of whether they me implied by common law or statute) that are not specifically stipulated in this agreement, or covered in the applicable legislation, are to be excluded from this contract to the fullest extent that the relevant law allows. There are no terms herein that may cause exclusion from liability in case of:
a. Personal injuries or demise that may be caused by negligence from our side.
b. Fraudulent activity or direct fraud.
a. Your sole function for any interaction with our platform is that of an authorized user.
b. Any and all rights that you are furnished with, are a result of such rights being attached to an Account Holder at BettingSoftware.com. It is under this provision that we issue login details to you (username and password).
c. Any liability that BettingSoftware.com may be accountable for, is directly exclusively to the Account Holder.
d. There are no contractual or otherwise derived rights that you can have against BettingSoftware. Furthermore, you expressly waive any and all such rights, willingly and unconditionally.
e. BettingSoftware.com bears no liability for loss of profits, business, goodwill, or for any restitution, indirect or consequential costs, charges or expenses, no matter the reason that they have been incurred under.
Termination of Service
a. A breach of any of the terms stipulated herein, that either cannot be redeemed or is not redeemed within a period of 30 days after we have notified you in writing of said breach.
b. Failure to settle any debts or in case of legal entanglements, arrangements with the creditors, or any such action within any jurisdiction.
c. Provision of false, inaccurate, misleading or fraudulent information to us.
Account closure by the owner
You can request to close any account that you have registered for through our services at any time by submitting the Account Closure Request form. However:
a. If you are the owner of multiple accounts and you wish to close only one, you can choose to transfer any remaining balance to the account that you want to close to any other account that you are holding through BettingSoftware.com.
b. You must specify if you wish to PERMANENTLY terminate your account or temporarily. If your option is a permanent termination then if at a later point you wish to open an account again, you must follow the same steps as a customer who opens an account for the first time. Otherwise, you can re-open your account by contacting our customer support and making a deposit which will enable us to re-activate your account.
Player Complaints Policy
Please read carefully the stipulations on our relevant page
Confidentiality
a. Subjects that were previously known by you and you were not obliged to keep it a secret.
b. Data that you developed on your own without relevance to what is considered confidential.
c. Any and all data that may become available to the general public under the condition that there has been no breach of the terms herein.
d. Information that a relevant law, regulation, court order, or other governmental authority demands that it is disclosed. If such a case arises, you are obliged to implement all possible measures to notify us prior to the execution of the provisions.
Force Majeure
Changes
Rights
The Whole of the Agreement
Stoppage
Jurisdiction
Accumulator Rules
a. We reserve the right to limit the range of events for which Accumulator bets will be available.
b. The maximum bet of an Accumulator, which will be determined at our discretion, will be displayed in the bet slip. Minimum bet requirements may also apply.
c. The maximum payout limit for Accumulators in one calendar day (GMT) is €20,000 (or currency equivalent). The settlement time of each Accumulator is defined by the time when the Accumulator is settled by us. Accumulator bets will generally be settled shortly after the outcome of the Accumulator has been determined (i.e. after the first losing leg has lost or after the final winning leg has won). However, we make no guarantees regarding the settlement time of Accumulator bets.
d. The maximum payout limit applies to any one customer or group of customers acting together, backing the same combination of selections, regardless of whether or not such bets are struck separately, at a range of different prices, on different days and through a number of different accounts. If we believe that a number of bets have been placed in this way, the total payment of all those bets combined will be limited to one single maximum payout.
e. Legs will be settled on the official result of the relevant governing body regardless of any subsequent disqualification or amendment to the result (except if an amendment is announced within 24 hours of the initial settlement of the relevant leg in order to correct an error in reporting the result).
f. If no official result of a relevant governing body is available, the result will be determined using information from independent sources. In such cases, if any new information comes into the public domain within 48 hours of settlement, then we shall (acting reasonably) determine either:
- whether bets should be reinstated or resettled in light of this new information; or
- whether or not to wait for further information before deciding whether to reinstate or resettle legs. Any information that comes into the public domain more than 48 hours after a market has been settled shall not be considered by us (regardless of whether or not such information may have led to a different result).
g. In the event of any uncertainty about any result or potential result, we reserve the right to suspend the settlement of any leg for an unlimited period until the uncertainty can be resolved to our satisfaction. We reserve the right to void any legs where the uncertainty regarding the settlement cannot be resolved to our reasonable satisfaction.
h. In the event of a change in venue, we reserve the right to void legs where there is a reasonable difference to the probability of outcomes as a result of this change, which we will determine at our own discretion.
i. In case of postponement, if an event does not start as scheduled, and does not start the same day (local time of the event) then the postponed leg or legs will be void and the Accumulator will be recalculated, with the odds reduced, based on the remaining live legs.
j. Maximum and minimum leg requirements may apply.
k. We reserve the right to reverse or amend settlement in the event of an Accumulator being settled incorrectly. This may lead to amendments being made to your account to reflect changes in settlement and if there are insufficient funds in your account, we may demand that you make a deposit, to address the outstanding balance.
l. The odds for each selection in an Accumulator may be rounded for display purposes (e.g. rounded to two decimal places). However, when calculating the payout of an Accumulator we will use the exact odds of each selection to determine the exact payout.
m. We may limit or not allow the same game Accumulators on specific games at our discretion.
n. We reserve the right to cancel the same game Accumulator bets if we find this bet option is being abused.
o. If one or more legs, or partial legs, of the Accumulator are either a push, cancellation or otherwise void for any reason, the Accumulator will be recalculated, with the odds reduced, based on the remaining live legs. For example, if one (or more) selections should void then the odds for that selection will revert to odds of 1.00.
p. If all selections should win then the Accumulator wins and will be paid at the combined odds of the two or more selections. If one (or more) selection should fail to win then the Accumulator loses.
Cash Out
a. Cashout is an easy way to level or flatten the expected profit loss on an event or market.
b. All Cashout bets are struck between BettingSoftware.com and the Customer.
c. If you click the Cashout button on the website for a particular event or market, you will automatically place a further bet that will attempt to lock in an even payout across all potential outcomes.
d. If a Cashout bet is requested in a live betting market, there will be a fixed delay before the success or failure of the Cashout bet is confirmed.
e. All Cashout bets will show as the bookie labelled “Cashout”.
f. Your request to Cashout is not guaranteed to be accepted and may be unsuccessful if, for example, betting is suspended at the point of placement or the odds move before your request has been processed.
g. In the event of any uncertainty about any result or potential result, we reserve the right to suspend or reverse the settlement of any Cashout bet until the uncertainty can be resolved to our satisfaction. We reserve the right to void any Cashout bet where the uncertainty regarding the settlement cannot be resolved to our reasonable satisfaction.
h. In the event you place a Cashout bet on a position and other bets placed on the event are voided, for example, another Bookmaker voids, we reserve the right to review the Cashout bet and resettle or void it.
j. We reserve the right to reverse the settlement of Cashout bets when an event is settled in error. Or if the bet, market or event is subsequently resettled.
k. If for any reason a Cashout bet is re-settled, your balance will be updated to reflect the final outcome of your bets.
l. Cashout will not be available on every event.
m. The ability to partially place a Cashout order on an open position may be available on some events or markets. The terms set out in the section apply to partial Cashout bets in exactly the same way as for full Cashout bets.
Casino
Maximum Win Limit
Game Manipulation
All products and services are provided by third-party providers. BettingSoftware.com is not responsible for the accuracy, reliability, or completeness of any data or information provided by these third-party services. We encourage players to verify any information independently and understand that we cannot guarantee the performance or fairness of any games not directly managed by our platform.
Hub88 requirements
a. you acknowledge and agree that your sole recourse in relation to any complaint, dispute or claim related in any manner to Hub88 services is through BettingSoftware.com;
b. you agree to use BettingSoftware.com only for the playing of the Games in accordance with BettingSoftware.com’s terms and conditions and the terms and conditions applicable to each Game;
c. you agree that BettingSoftware.com shall monitor unusual patterns of gameplay, atypical play patterns and/or suspicious deposits and withdrawals patterns;
d. you acknowledge and agree the right of BettingSoftware.com to void and cancel bets and recover winnings where there has been an Incorrect Pay-Out or the Game has been subject to fraudulent manipulation or tampering by you in such a way that you are able to cheat, influence the outcome of such Game, or otherwise create an unfair advantage in the outcome of a Game to your own benefit;
e. You agree not to reverse engineer or decompile any of the Supplier’s software or back-office tools, modify, remove or obscure any proprietary notices placed on the Platform, copy the Platform by any means for any purpose whatsoever, attempt to derive source code or other Confidential Information from the Platform or use the Platform for any purpose other than playing the Games or in any way that could adversely affect Supplier’s name, image or reputation;
f. The Supplier shall be given a right of direct action, to enforce for their own and their group’s benefit or the benefit of the BettingSoftware.com End User terms and conditions for the purpose of enforcing directly against a breaching End User the restrictions set out in paragraph (d) above in relation to their Games.