RULES & REGULATIONS

1. DESCRIPTIONS AND TERMS GENERAL

The Betting Rules for the Bookmaker Lotus365 (hereafter known as the Rules) is a document that outlines the manner in which bets are taken, winnings are paid in, as well as disputes resolvable as well as the characteristics of betting on specific sports. These rules govern all other relations among the Bookmaker Lotus365 and the customer.The Rules are applicable to all betting that is conducted via the Lotus365 website and at betting establishments.

Bet	–	It is a contract between the client and the bookmaker, as well as the Rules, which is based on risk. The execution of the contract is contingent on the outcome of an upcoming event. Bookmakers are willing to accept bets based according to their conditions.
Outcome	–	The result of an incident or events for which the bet was placed.
Customer	–	Someone who puts bets with the bookmaker.
Bet Cancellation	–	The result of the bet was not resolved and the prize has not been paid. As per the Rules of the game, an “bet cancellation” can result in a contract with the bookmaker (the the customer) with the bookmaker considered to be unfinished. The stake is then refunded.
Normal Time	–	Regular time is not inclusive of the penalty shootout, overtime and so on. Regular time does not include the overtime requirement, penalties for shootouts, and additional time.

2. GENERAL TERMS

All games on Lotus365 are managed under Opertator’s name.
Individuals who follow are not allowed to placing bets
- People who are less than 18 years of age at the time of their placement;
- Anyone who is directly involved in the event that is being placed bets on (e.g. Referees, coaches, or sportspeople) and club owners, managers or any other persons who can affect the outcomes of an event are all able to place bets.
- Bookmakers from different bookmakers.
- People who are barred by law from signing a contract with the bookmaker.
In some nations, including some countries, such as the USA, United Kingdom, Cyprus, Netherlands, etc. It may be prohibited to access or use the site (including the entire range of products accessible through the website). The website is not designed to be utilized by individuals who reside in states where gambling, betting on sports or other games are not permitted.
It’s not enough just to claim that our website is accessible in a specific region or country, but that it could also be accessible in a language that is official within any one of the countries.
We do not recommend using our website to be the official or legal basis to deposit money into your account or for withdrawing winnings. The website is not designed to provide any kind of offer, encouragement or incitation to gamble, bet or utilize any other services in areas where these activities are considered to be illegal.
You are accountable for determining whether your access and/or use on the website is compliant with the applicable laws in your region. Furthermore, you must ensure you are gambling legally in the country where you reside. You must confirm that you’re legally able to play in the jurisdiction you reside in before you sign up for an account or access our website. You acknowledge that you have sought legal advice prior to signing up on our website. We reserve the right to terminate any account in the event that we find that you are in a state where using our website is not legal. The balance that remains will be reimbursed when the account is closed when any winnings are received.
Bookmakers have the right to deny bets made by customers who don’t comply with these guidelines. The bookmaker is entitled to deny any bet placed by any customer who is in violation of the social norms and rules of order.
The bookmaker has the power to refuse a bet without providing the reason.
All bets are settled based on the information provided from our central processing facility.
The bettors gains within 30 calendar days following the announcement of results of the final date listed on the slip of bet.
If all outcomes of a bet can be accurately predicted, then the bet is deemed to be won.
Terms of betting: odds, handicaps, and totals Limits on stakes for maximum stakes. The terms could change following the time a bet is made, but won’t affect the terms that were in force prior to placing the placing the bet. The player must verify the pre-match market conditions prior to signing any agreement.
If there are technical issues or incomplete streams. Bets made on Esports live streams will be returned in the event that the event doesn’t happen or if the bets aren’t settled.
The bookmaker could declare bets invalid in the event that an employee makes bets that are not legitimate (for instance, if the odds for betting markets aren’t in line with the amount bet) or if rules have been broken. The bookmaker is required to pay odds of 1 on the bets.
In the event that odds appear not correct your bet is determined on the basis of the end result based on the odds applicable to the particular market.
If there is suspicion of games that are not sane The company reserves the right to cancel any bets placed on sporting events prior to the decision of a global organization. Bets are declared unenforceable if it can be proved that the match was not a sport. Bets on these games are paid at odds that are “1”. Customers do not have to obtain proof or conclusions from the management.
Lotus365 is committed to fair play in sports. It realizes the possibility of manipulating events in sports and other events is linked to crimes (organized match-fixing, corruption, etc.). This includes organized criminal activity such as transnational organized crime, and other types of organized crime. Lotus365 conforms to the primary purposes and goals from the “Council of Europe Convention on the Management of Sporting Events (CETS No. 215)” in addition to the relevant requirements of the law.
Bookmakers may cancel bets if there are indications of wrongdoing for example match fixing. They can also cancel bets if there are bets being placed on another customer’s behalf, or when an unrelated third party is using the account of a customer. Any difference in size, type, or way of wagering.
“Foul-play,” as a verb, refers to the act of “foul-play” is described as the process of arranging a game, or the demise of the favorite due to economic or competitive motive or other violation of a rule.
If the rules are changed then the customer will be informed. Any bets that are accepted within a certain timeframe will be subject to the amended rules. Any bets placed earlier will be in place.
A bet is not canceled when a connection is not working in it is confirming the bet.
Making a bet is a sign that the player has ratified and accepted this Betting Rules.
The bookmaker’s results are only ones that are employed to resolve bets as well as determine the amount of winnings. Any complaints about the results, the date or the time at which an event will begin an event will be considered as well as official documents provided by the sports bodies.
The bookmaker is not able to consider any complaints relating to caused by translation or transliteration of the name of a player, team name, or the venue of a sporting event. The title of the tournament is provided for the convenience of. An error in the title of the tournament does not entitle you to any refund for stakes.
The bookmaker Lotus365 is not liable for incidental, indirect or collateral losses damages, such as profits loss even if they’ve been advised that such losses or damages could occur.
The bookmaker is entitled to amend and modify these Rules at anytime. The changes and rules will be effective immediately upon publication.
Lotus365 provides its clients with information of the likelihood of winning as well as the risk and consequences of losing.
You can check your account for deposits and withdrawals via “My Account”.

3. REGULATIONS FOR GENERAL BETTING

The bookmaker will take bets based upon the betting market’s list of odds that reflect the probability of every outcome.

The minimum bet for a single choice will be $.30/EUR 0.20.
Bookmakers decide on the stakes that are minimum and maximum for each choice. Limits on stakes vary depending on the sport or event. If an accumulator bet (system) comprises several segments, each with different stake limits the stake limit with the lowest amount will be applied.
The maximum amount of money you can earn on a single bet will amount to EUR50,000 (or equivalent amounts in a foreign currency).
The company reserves the ability to limit maximum stakes and odds in certain markets, and also restrict or increase the maximum stakes or odds. It can also impose additional limitations on customers’ accounts without notification.
The bookmaker reserves the right to declare bets on multiple occasions that were correctly predicted to be null and void (bets made on the exact outcome or combination of results however, having various odds). These bets are settled at odds of 1.00 when their stake is greater than the stake limit that is set by the bookmaker.
Once a bet has been registered on the server and confirmed online it is to be accepted. Bets registered can’t be altered or cancelled.
Only bets that don’t over the balance in the customer’s account are accepted. The stake is removed from the account of the customer once the bet has been registered. The money is returned on the accounts of the client when the bets have been paid.
In the Sports area, you will display the time of start and date for the competition. Bets made after the event has started regardless of the reason will be deemed null. In-play bets are the exception (live bets) which are bets made during the actual game. These bets will remain valid until the end of the game.
Except for the circumstances listed in paragraphs 10-14 it is impossible to modify or eliminate SPORTS and LIVEBets.
The stake of a cancelled bet will be reimbursed. When a leg are cancelled in accumulators or systems bets and systems bets, the legs will not be included from the bet settlement.
If bets are settled incorrectly (e.g. The betting will be calculated again if the settlement is not correct (e.g. Bets placed between the date when the issue occurred and revision will be considered valid. If the balance of the bettors is negative after the recalculation, there is no possibility of placing bets until a certain amount has been paid.
A sporting event can’t be considered to have been rescheduled, cancelled or modified until it is declared by the organizer of the event in official documents or official websites, sites of sports federations or clubs as well as other reliable sources for sports information. The section on Sports will be updated to reflect these modifications.
The client will be penalized with a cancellation of bet in the event that they deliberately mislead employees (bookmaker employees) by supplying false information or requests about betting, payouts or the outcome from an occasion. This also applies to minors as well as their parents.
If a bet was placed with a predetermined outcome (e.g. the event is over but the results have not been changed) the bet is cancelled.
“Simultaneous finish” is the result where multiple people is the winner of the competition, the event the championship, or the tournament, etc. When there’s two winners the stake is then divided by 2 in making bets. If there are three or more prizes are awarded, the odds are equivalent to 1. This rule is not applicable to markets like “to to be greater” as well as “match-up”.
The mercy rule can be used to conclude a game prior to the scheduled time, in case either team scored an enormous goal or scored a large number of points. When a score is reached the one team will have some advantage over its opponent. The exact amount of points needed to implement to the rule of mercy is decided by the organizer of every event.
SP (Starting Price) – starting odds. SP is the term used to define the odds available at the start of the race. The probabilities are derived by adding the odds offered by organizers of the competition before the race begins. Any bets placed on a competitor who withdraws prior to the time an event begins or fails to participate at all in the event (according according to official protocol for tournaments) in the event that there isn’t a new SP market and the bet is void (settled at odds as high as 1.00).
The betting on regional championships like futsal, football or hockey can be paid within 10 days after the announcement result. Results of the regional championships (football and futsal, hockey, and so on.) are announced via the official site within ten days. The official websites is available within the category “Main Sources of Information”. All bets are returned if a team fails to show up. In this instance the player who is not present loses the game.
Abbreviations are acceptable for certain occasions
1. CK – corner kicks
2. ACE – aces
3. Sending off
4. PT – Penalty Time
5. Yellow cards
6. Cards YRC (yellow and red card).
7. MS Misses
8. SOT Shots on Target
9. Offsides
10. F – fouls
11. Shots on Goal
12. EB – extra bets
13. S-series
14. Free throws scored
15. 2P – Field goal of 2 points
16. 3P – Field goal of 3-points
17. R-rebounds
18. Assists
19. Turnovers
20. BLK – Blocks
21. DF – double faults
22. PC – striking the crossbar or post
23. BS Blocking shots
24. C – checking
25. I – icing
26. Face-off WF wins