Ilotbet Terms & Conditions – Know Before You Play

General Rules & Introduction

These Terms & Conditions form a legally binding agreement between ilotbet (hereinafter referred to as "we", "us", or "the Platform") and any user of its services ("user", "member", or "player").

Ilotbet is an internationally licensed online gaming platform operating under a valid license. Our platform offers Sports Betting, Live Casino, slots, fish games, and a wide range of other gaming options.

Applicability

These Terms & Conditions apply to the ilotbet website, mobile application, and all other digital platforms. By using the Platform, you acknowledge the following:

• You are an adult aged 18 or above.
• Online gaming is not prohibited by law in your place of residence.
• You are using this service voluntarily and of your own free will.
• All information provided is true and accurate.

Account Registration & Verification

A valid account is required to access ilotbet's services. You must provide accurate and up-to-date information when completing the registration process.

Registration Requirements

• Each person may register only one account.
• The account name must match the name on your National ID or passport.
• A valid mobile number and email address must be provided at the time of registration.
• Creating an account on behalf of or in the name of another person is not permitted.

KYC Verification Process

To ensure security and prevent fraud, ilotbet verifies the identity of every account holder through KYC. This must be completed before your first withdrawal. The following are required:

• Clear photos of the front and back of your National Identity Card (NID).
• A selfie holding your NID.
• Mobile number OTP verification.
• Bank or mobile banking account details.

Deposit & Withdrawal Policy

All financial transactions on ilotbet are processed securely and transparently. Compliance with the deposit and withdrawal rules is mandatory.

Deposit Rules

• Deposits must be made from your own mobile banking or bank account.
• Deposits made through a third party are not accepted and will be returned.
• Minimum deposit amounts vary depending on the payment method.
• Accounts may be temporarily suspended in cases of suspicious deposits.

Withdrawal Rules

• Withdrawals are only available to accounts that have completed KYC.
• The name on the withdrawal account must match the name on your NID.
• Bonus balance cannot be withdrawn directly.
• Daily withdrawal limits are determined by your account tier.

Bonus & Promotion Terms

Ilotbet offers a variety of bonuses and promotions. Reading and understanding the specific terms attached to each bonus before claiming it is mandatory.

Wagering Requirements

Every bonus comes with a wagering requirement. For example, a 30x wagering requirement means you must place bets totalling 30 times the bonus amount before making a withdrawal.

General Bonus Rules

• Each member may participate in a promotion once only.
• Bonuses have a set expiry period and will be forfeited once they expire.
• Maximum bet amounts are restricted while a bonus is active.
• Multiple bonuses cannot be used at the same time (unless explicitly stated otherwise).
• Ilotbet reserves the right to cancel any bonus at any time.

Betting Rules & Regulations

The following rules apply to participation in ilotbet's Sports Betting and casino games.

Bet Acceptance & Cancellation

• Once a bet is confirmed, it cannot be changed or cancelled (unless a Cash Out feature is available).
• If incorrect odds are displayed due to a technical error, ilotbet reserves the right to void the affected bets.
• If an event is cancelled, the bet amount will be refunded.

Odds & Payouts

• Displayed odds are subject to change; the odds at the time of bet confirmation are final.
• Casino game payouts are determined by RTP.
• Maximum payout limits apply and vary by game and account tier.

Live Betting

In Live Betting, internet latency may cause delays in bet acceptance. ilotbet is not responsible for such delays. Live betting odds change rapidly, and the odds recorded on the server at the time of bet placement are considered final.

Prohibited Activities

Any of the activities listed below are strictly prohibited and will result in account termination.

• Multiple Accounts: Creating more than one account under the same person's name or details.
• Bonus Abuse: Providing false information to claim a bonus or systematically abusing bonus offers.
• Strategic Betting Manipulation: Arbitrage betting and the use of software bots.
• Money Laundering: Using the platform to launder illegally obtained funds.
• Hacking & System Damage: Attempting unauthorized access to the platform's systems.
• Fraudulent Information: Providing false or fraudulent information during registration or KYC.
• Benefits for minors: Allowing anyone under the age of 18 to use your account.

Account Closure & Suspension

Ilotbet may suspend or close an account either on its own initiative or at the user's request.

Closed by ilotbet

We may suspend or close an account without prior notice in the following circumstances:

• Violation of terms and conditions.
• Evidence of fraudulent activity.
• False information submitted during KYC verification.
• If a security risk is detected.

Closed at User's Request

You may close your account at any time. Please withdraw your balance before doing so. Once the account is closed, any active bets and bonuses will be cancelled.

Responsible Gaming

Ilotbet firmly believes that gaming should be a source of entertainment. We encourage all members to enjoy games responsibly.

Our Features

• Setting deposit limits (daily/weekly/monthly).
• Setting gaming time limits.
• Self-exclusion – account suspension for a specified period.
• Access to transaction history for your reference.

Dispute Resolution

If you have a dispute or complaint, please contact our support team first. Most issues are resolved within 24 hours.

Complaint Process

1. Submit a detailed complaint via live chat or email.
2. Our team will provide an initial response within 48 hours.
3. If required, investigations may take up to 7 business days.
4. Decisions may be appealed within 14 days.

In all disputes, the decision of ilotbet's management is final, unless determined otherwise by the relevant legal authority.

Terms & Conditions Amendment Policy

Ilotbet reserves the right to update these Terms & Conditions at any time. Members will be notified of significant changes via email or on-platform notification.

When Changes Take Effect

Continued use of the platform after any changes to the terms constitutes your acceptance of the updated terms. If you do not agree with the changes, please close your account and withdraw your balance.

The latest version of these Terms & Conditions is always available at ilotbet.vu/terms-conditions.