Terms and Conditions
Terms and Conditions
This document contains our Terms and Conditions applicable specifically to Nitrobetting.eu BTC Sportsbook and Casino, along with the agreements between our site and the account holder (the player).
By accessing this web site, you are agreeing to be bound by these web site Terms and Conditions of Use, all applicable laws and regulations, and agree that you are responsible for compliance with any applicable local laws. If you do not agree with any of these terms, you are prohibited from using or accessing this site. The materials contained in this web site are protected by applicable copyright and trademark law.
The materials on Nitrobetting are provided “as is”. Nitrobetting makes no warranties, expressed or implied, and hereby disclaims and negates all other warranties, including without limitation, implied warranties or conditions of merchantability, fitness for a particular purpose, or non-infringement of intellectual property or other violation of rights. Further, Nitrobetting does not warrant or make any representations concerning the accuracy, likely results, or reliability of the use of the materials on its internet web site or otherwise relating to such materials or on any sites linked to this site.
In no event shall Nitrobetting or its suppliers be liable for any damages (including, but not limited to; damages for loss of data or profit, or due to business interruption) arising out of the use or inability to use the materials on Nitrobetting’s Internet site, even if Nitrobetting or a Nitrobetting authorized representative has been notified orally or in writing of the possibility of such damage. Because some jurisdictions do not allow limitations on implied warranties, or limitations of liability for consequential or incidental damages, these limitations may not apply to you.
The materials appearing on Nitrobetting’s web site could include technical, typographical, or photographic errors. Nitrobetting does not warrant that any of the materials on its web site are accurate, complete, or current. Nitrobetting may make changes to the materials contained on its web site at any time without notice. Nitrobetting does not, however, make any commitment to update the materials.
Nitrobetting has not reviewed all of the sites linked to its Internet web site and is not responsible for the contents of any such linked site. The inclusion of any link does not imply endorsement by Nitrobetting of the site. Use of any such linked web site is at the user’s own risk. Furthermore, any unauthorized use of Nitrobetting links, affiliate or otherwise is expressly forbidden and may result in suspension or termination of account services. Examples of unauthorized use of Nitrobetting links include but are not limited to; links used on the google adwords network.
Nitrobetting may revise these terms of use for its web site at any time without notice. By using this web site you are agreeing to be bound by the then current version of these Terms and Conditions of Use.
Any claim relating to Nitrobetting’s web site shall be governed by the laws of Costa Rica without regard to its conflict of law provisions.
- You agree to not use our services while located in any jurisdiction that prohibits the use of cryptocurrency, or prohibits placing bets online. You warrant that you are permitted in the jurisdiction in which you are located to use online sports betting services.
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At Nitrobetting, we are committed to maintaining a safe, secure, and fair gaming environment for all our customers. As part of this commitment, we adhere to strict regulatory requirements and industry standards, including Know Your Customer (KYC) procedures. The KYC process is essential in verifying the identity of our customers, ensuring compliance with legal and regulatory obligations, and preventing fraudulent activities such as money laundering and identity theft.
We may request full KYC documentation, which includes, but not limited to; legal ID documentation and proof of address. This could occur randomly, as part of our verification procedures, such as to confirm a deposit, process a payment, or to prevent account closure, and other scenario that our company considers necessary. Failing to provide valid and legitimate documentation will result in account termination and balance forfeiture.
Age and Legal Capacity
By completing the enrollment process and becoming a Nitrobetting customer, by accessing our website, services, and software you, acknowledge that you are at least 18 years old and legally capable, without any restrictions, of entering into a binding agreement with us. It is the customer’s responsibility to be aware of and comply with the gambling laws in their country, state, or province of residence.
Required Documentation for KYC:
- Valid Government-Issued ID: Passport, driver’s license, or national ID card.
- Selfie with ID: A clear photo of yourself holding your government-issued ID.
- Proof of Address: Utility bill, bank statement (dated within the last three months).
Submission of Documents:
- Customers should send scanned copies or clear photos of the required documents to [email protected].
- Acceptable formats and quality requirements:
- PDF, JPEG, PNG
- The document should be clear, and all text must be legible.
- Avoid blurriness, shadows, or reflections that may obscure the information.
- Documents must be submitted in color to ensure all security features are visible.
- Documents must be scanned or photographed at high resolution.
- File size should not exceed 10MB.
- No part should be cut off or cropped.
- Documents must be original and unaltered or edited.
Verification Process:
- Upon receipt of the documents, the Security Team will:
- Verify the authenticity of the government-issued ID.
- Confirm the proof of address.
- If any anomalies are found, the customer will be contacted to provide additional information or clarification.
7. Record Keeping:
- We shall maintain comprehensive records of all communications and documentation submitted by customers for the Know Your Customer (KYC) process. All data shall be securely stored in compliance with applicable data protection laws and regulations.
Account Investigations
- In order to ensure compliance with these Terms of Service and to detect improper or illegal activities, including but not limited to fraudulent activities and potential money laundering, we reserve the right to investigate your account at any time.
Confidentiality
- The personal identity and details of all customers will remain confidential. We will not report wagering information on behalf of any customer. This is the sole responsibility of each customer.
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Dormant Accounts Procedure
This procedure applies to all customer accounts deemed dormant as defined in our Terms of Service. These measures are essential to ensure a fair and transparent gaming environment, in accordance with industry standards. As Nitrobetting is not a banking entity, we are obligated to comply with relevant regulatory processes. The Dormant Accounts Process is established to manage accounts that have been inactive for an extended period, thereby maintaining the integrity of our platform and protecting the interests of our customers.
Definition of Dormant Account:
An account is considered dormant if there has been no activity for six (6) consecutive months.
Procedures for Dormant Accounts:
- Monitoring: Regular monitoring of accounts to identify those meeting the dormancy criteria.
- Outstanding Wagers: Outstanding wagers on dormant accounts will remain active until settlement.
- Reactivation: Customers wishing to reactivate their dormant account must undergo a complete Know Your Customer (KYC) process to verify their identity.
- Access Restoration: Upon successful completion of the KYC process, access to the account will be restored.
- Maintenance Fee: After 12 months of inactivity, a monthly maintenance fee of $10 will be charged until the account balance reaches zero.
- Account Review: Regular review of account activities to ensure compliance with Terms of Service and to detect improper or illegal activities, including but not limited to, fraud or money laundering.
- Investigative Rights: Retention of the right to investigate accounts at any time to maintain integrity of our website and security.
- Record Keeping: Maintenance of detailed records of communications, KYC verification, account activities, and fees charged for audit and compliance purposes./li>
Agreement
By utilizing our services, you agree to abide by these Terms of Service. For any inquiries or further clarification, please contact our customer support team.
- Nitrobetting reserves the right to terminate a player’s account, at any time and for any reason, at its sole discretion, and in particular in case of any activity that may harm Nitrobetting and/or its members including, but not limited to, fraud, abuse of bonuses and other promotions, frivolous and unsubstantiated claims, and misuse of the sportsbook and/or casino software.
- A player’s account may also be subject to termination should Nitrobetting become aware of a history encompassing, but not restricted to, actions such as fraud, misuse of bonuses and promotional offers, frivolous and unsupported claims, and the improper utilization of sportsbook and/or casino software at any prior or existing online sportsbook and/or casino associated with our providers.
- Site members and players must fund their accounts in order to play or access the real money games.
- Each user is responsible (and must pay) any funds owed to Nitrobetting. By registering to our site and its services, players agree that they will pay all the required funds and not make or attempt to deny any payments and/or reverse any transaction. Users that inadvertently reverse payments or play with unconfirmed funds agrees to refund Nitrobetting BTC Sportsbook and Casino and cover any losses incurred as result of their actions. We may decide to stop providing services or withhold payments from users and players that have registered and processed certain questionable deposits.
- All members must deposit funds on their accounts if they are to play actively on the site.
- Any deposit made into your account must complete a one-time rollover before any funds can be withdrawn.
- The submission of a payout request does not guarantee an approval of the payout.
- Nitrobetting does not give any form of credit for the use of its services and games.
- Nitrobetting may use alternative means and procedures to verify a player’s identity during a deposit process, as is detailed in our fine print.
- Cash outs are reviewed on a daily basis, usually within 24 hours from the moment a request is placed. Once a payment has been approved, the withdrawal request will be finalized based on the selected option for payment.
- Before requesting a payment, players need to have their transactions confirmed and cleared.
- The minimum amount for a cash-out at Nitrobetting is 5mBTC (0.005 BTC) for BTC and 0.25 mBTC for LTC.
- There’s no maximum payout amount at Nitrobetting. However, for security reasons a maximum amount has been set to the cashier. Players that wish to cashout more than the max allowed should contact Customer Support in order to confirm. Keep in mind that larger amounts, and in case of multiple withdrawals that add up to larger amounts, will require management approval and may be under review for over 24 hrs.
- Players are allowed one withdrawal per day. In the case of multiple request on the same day, requests may be cancelled. As part of our security protocol, the Cashier has been setup with weekly and monthly limits, however Support may overwrite those limits in order to accommodate player needs.
- Nitrobetting reserves the right to withhold payments from any player or account that is suspected of engaging in fraudulent activities. Fraud, in this clause, included players that have been tagged in any scams, schemes or even those who’ve provided incorrect or false information in their accounts.
- Nitrobetting reserves the right to withhold payments from any account that owes funds due to regraded bets. Any owed funds will be collected from the withdrawal amount.
- A player’s funds may be forfeited if they are found cheating or is caught using any type of gaming aids or bots, whether it is an additional computer or software or system that bypasses the natural randomness of our system and/or collects data from our servers for analysis during real money play. Any form of syndication or collusion is also not allowed at Nitrobetting BTC Sportsbook, Racebook, Poker and Casino.
- In case of winnings from bonus funds (non-deposit bonuses), a maximum withdrawal amount will apply. If you request a cash-out from bonus winnings, you may only withdraw the maximum allowed and the remaining amount from your winnings relating to the bonus in question will be voided.
- Nitrobetting will no longer be held responsible for charges related to Dynamic Currency Conversion (DCC). The DCC charges will now be the sole responsibility of the players and not Nitrobetting.
- Crypto funds sent to the wrong network: A recovery fee of 1.5mBTC will be charged upon the recovery of the funds sent to the wrong network or address.
- You agree that you will not create more than one account for the purposes of circumventing our policies, rules, limits and/or restrictions, or to acquire any possible advantages over the house.
- You agree that only one account per household or IP address will ever be used.
- You agree that you are not part of a betting syndicate whereby multiple users place bets in an attempt to circumvent our policies, rules, limits and/or restrictions.
- We reserve the right to cancel a bet or declare a bet as void if we believe, at our sole discretion, the bet was made in an attempt to violate any of our policies, rules, limits and/or restrictions as mentioned herein.
Nitrobetting may cancel or void bets which it believes have been (a) accepted in error (including but not limited to: correlated parlays or obviously incorrect lines or payouts on parlays or teasers); (b) accepted after an event has started; (c) accepted at obviously incorrect odds; (d) made in an attempt to circumvent our betting limits; (e) involved in syndicate betting; (f) the result has been influenced by criminal or illegal actions; (g) considered correlated parlays (including but not limited to bets on eSports players and eSports teams in the same tournament or competition/match, bets on players to advance in a tournament (of any sport) with bets on that player to win any match/game, any other bets which Nitrobetting deems grossly or obviously correlated at its own discretion. If funds need to be recovered as a result of any of the above, Nitrobetting reserves the right to do so at any time.
You will not use any device, robot, spider, software, routine or other method (or anything similar in nature) to interfere or attempt to interfere with the operation of our services. You agree to not collude or attempt to collude with other players in order to defraud Nitrobetting or its users.
You may not use Nitrobetting if you are an employee or consultant of any company related to Nitrobetting, or a relative of family member of any such restricted persons.
You are also restricted from using the site if you reside in any of the following countries Restricted, and use of VPN: Bulgaria, Hungary, Venezuela, China, Belarus, Azerbaijan, Ukraine, Russian Federation, Costa Rica, United Kingdom, Latvia, Slovakia, Slovenia, Rumania, Moldovia, Nigeria, South Africa, Senegal, Kenya, Lithuania, Chezch Republic.
You warrant that you are not diagnosed or considered to be a compulsive or problem gambler. Nitrobetting fully supports self-exclusion from all services.
All Terms and Conditions are subject to changes and revisions by Nitrobetting without prior written notice.
Cryptocurrency Deposits:
Nitrobetting accepts deposits in various cryptocurrencies. To ensure your funds are properly credited, please use the corresponding chain or network for each cryptocurrency:
- Ethereum (ETH) – Native chain.
- Tether (USDT) – ERC20.
- USDC – ERC20.
- Litecoin (LTC) – Native LTC chain.
- Bitcoin (BTC) – Native chain.
- Bitcoin Cash (BHC) –Native Chain. Please note that while these cryptocurrencies may trade on multiple blockchain networks, Nitrobetting only supports the mentioned networks for deposits. Funds sent using unsupported chains or networks cannot be tracked and accepted.
Exchange Rates:
Nitrobetting applies the current market exchange rate once your deposited funds are confirmed and credited to your account. We use publicly available exchange rates, and you can verify the rate online. Exchange rates are calculated at the moment of fund confirmation.
Account Balances:
Your account balance will always be displayed in millibitcoin (mBTC). Upon deposit, your cryptocurrency will be automatically converted to mBTC. Please be aware that you cannot change the currency displayed on your account. Activity in Sportsbook will be conducted in mBTC, all action placed in Live Betting, Casino and Live Casino will be conducted in USDT(Tether) and registered in your account in mBTC.
Withdrawals:
Please note that withdrawals can be requested in BTC or LTC; the amount requested will be in mBTC. To facilitate BTC withdrawals, customers are required to provide a SegWit BTC address.
Important Note:
Kindly be aware that alternate deposit options for non-BTC cryptocurrencies may change or be removed without prior notice. We recommend staying updated on our current deposit options to ensure a smooth experience.
Hard or soft forks and potential resultant cryptocurrencies may be created on the Bitcoin blockchain with or without prior notice resulting in mirrored balances on alternate blockchains.
We will not provide support for new cryptocurrencies unless specifically announced otherwise. As a general rule, we will always prioritize support the majority consensus chain.
We will make every effort to inform players on impending forks and to offer timely notice regarding all (if any) actions we choose to take, which may include security measures resulting in the temporary suspension of game services, deposits, withdrawals or a combination of the three.
We will also make a reasonable effort to record ‘at the moment’ balances, or snapshots of all accounts at the time of any potential fork so that we are properly equipped to integrate new currencies if we so choose.
If we decide to accommodate integration, no firm timeline is to be expected. Any public statements to the contrary will always defer to this rule.
If we decide to support a new cryptocurrency, unless otherwise communicated by us, Rule 17: Cryptocurrencies, including any reference to Bitcoin, shall be equally applied to the new cryptocurrency.
We cannot guarantee that the decisions we take under this Rule will be suitable, desirable or practical for every player. We must however, protect our right to interpret the feasibility of Bitcoin blockchain forks as they present themselves. We recommend that regardless of public notice, players take authority of their account balances ahead of Bitcoin blockchain forks to avoid any potential conflict or disagreement. Players may choose to remove their balances 5-7 days ahead of a fork to ensure control of their Bitcoin during a fork event. We are not in any circumstance liable for any damage, losses, expenses or harm resulting to players from the use of our rights under this Rule.
By agreeing to open an account at Nitrobetting, you acknowledge and agree upon potentially receiving daily, weekly and monthly emails from our company with promotions, bonuses, newsletter information, updates about new game releases, tournament invitations, contest updates, survey’s, coupons, informational alerts.
Always ensure that the contact details you have provided on your account are correct, given that Nitrobetting usually uses these contact details to reach you directly regarding the use of the Company services or any other products offered.
Nitrobetting will not under any circumstance tolerate any rude or abusive behavior from users to the company representatives and staff. In the event that your behavior is deemed as abusive or impolite via our main support channels, email or any other communication forum; Nitrobetting may block, suspend or terminate your account. This behavior includes, but is not limited to: a) defamatory commentary and hate speech; b) overly sexual comments or any comments of an explicit nature; c) comments of extreme violence or comments that encourage violence; d) bullying and harassment; e) illegal activities such as drug use.