9. Payment Rules
9.1 Making deposits
Information on payment methods can be found on the "Profile" and "Deposit" pages of the Site. The payment methods available to you, average processing times and applicable service fees may change. Some payment methods may not be available in all countries.
When you select a payment method, you agree to the terms of that payment method and accept any fees or service charges that apply to deposits and withdrawals you make through those payment methods, and you acknowledge that the payment method is valid, that the account or payment card belongs to you and that you have the right to use that payment method.
It is illegal to deposit money that has been obtained illegally.
We accept payments made in EUR. Any payment received in a currency other than the one you have chosen will be converted into the currency of Your Account at the exchange rate we choose. Likewise, any foreign exchange premium is your responsibility.
When payment is made by credit card, we may request a certified copy of the credit card (front and back). Please ensure that only the first 6 and last 4 digits of the card are visible and that the CVV/CVV2 number on the back of the card is not visible either. The credit card you use must be in your name and cannot be in another person's name.
We do not accept cash directly or delivered to a payment solution provider.
9.2 Payments
When the outcome of a Game in which you participate is determined, or when we confirm the outcome of an event, any winnings will be made available to you in Your Account.
If we mistakenly credit Your Account with winnings that do not belong to you, for whatever reason, they will be removed from Your Account. If you have withdrawn such winnings before we become aware of the error, you must notify us immediately and you will be required to pay them back. If you fail to do so, we will take all legal steps available to us to recover this debt.
Betzino reserves the right to use the payment companies, Torstar Ltd., to process certain types of transactions. Torstar Ltd. with registration number HE 407912, is a registered company addressed in office 2nd Floor, Sotiri Tofii 4, Agios Athanasios, Limassol, Cyprus.
The minimum deposit and withdrawal limits for ETH block chain is 0.01ETH. Also note that its not possible to be able to merge ETH transactions below our minimum processing limit into one transaction to be able to reach the minimum amount of 0.01ETH that can subsequently be processed. All deposits below 0.01ETH will be considered as lost and recovery won’t be possible.
Among all Ethereum tokens, we accept only ERC-20 (USDTE) and TRC20(USDT). Other types of tokens based on Ethereum are not supported. So ETH transactions for example from Binance Smart Chain (BSC) are not accepted and funds will be lost.
9.3 Withdrawals
You may withdraw any amount up to the available balance in Your Account by issuing a valid Withdrawal Notice. Withdrawal Notices must be made on the Site only.
If you wish to withdraw all of your funds, you must first cancel all outstanding wagers.
You agree that the funds in Your Account will only be used to play the Games offered on the Site. If you request a withdrawal without returning an amount equal to or greater than the amount deposited, we may require you to return all or part of the previous deposit(s) and/or charge a fee on the requested withdrawal. These actions will be taken in accordance with our internal security processes and procedures. We may reject a withdrawal request if we suspect that funds are being withdrawn for fraudulent or money laundering reasons.
Before accepting a withdrawal, we may ask you to provide legal identification, such as certified copies of passports, ID cards or any other documents we deem necessary under the circumstances. We may also conduct a telephone verification, facial verification or other verification necessary to ensure that you are who you claim to be.
Where the withdrawal is to be made by credit card, we may request a certified copy of the credit card (front and back). Please ensure that only the first 6 digits and the last 4 digits of the card are visible and that the CVV/CVV2 number on the back of the card is not visible either. The credit card you use must be in your name and cannot be in another person's name.
All withdrawals must be made by the same payment method you chose at the time of deposit, unless we decide otherwise or are unable to do so. If you make a deposit using more than one payment method, we reserve the right to split your withdrawal among those payment methods and process each portion through the respective payment method, at our discretion and in accordance with anti-money laundering policies and regulations.
As a player You may withdraw all your funds anytime from the Website but Betzino.com reserves the right to limit player withdraws to a maximum amount of EUR 2,000 per day and EUR 5,000 per week and EUR 20,000 in a calendar month, unless a larger amount has been agreed by prior arrangement.
The Minimum amount of Withdrawal You may make depends on the method used and can be found in Cashier
Betzino will carry out additional verification procedures for any payout exceeding the equivalent of EUR 1,000 and also reserves the right to carry out such verification procedures in case of lower payouts.
We may ask you to redirect your withdrawal, cancel your withdrawal, or request that your withdrawal be redirected to a different withdrawal method, in accordance with anti-money laundering policies and/or regulations.
Cancellation of a withdrawal (whether made by you or by us) does not entitle you to any compensation if you choose to gamble with the funds in Your Account before the withdrawal is made.
We reserve the right to charge a reasonable administrative fee if you make more than 25 approved withdrawal/payment requests in one (1) calendar month. The reasonable administrative fee will be 2% of the transaction value, but not less than 5 Euros or the foreign currency equivalent. It will be charged on each withdrawal after the 25th withdrawal in each given month.
Further information on withdrawal methods is available on the "Withdrawal" pages of the Site. The methods available to you, average processing times and applicable service fees may change.
Withdrawals to debit cards are not possible at the moment, bank transfer is an alternative.
In the unlikely event of a player realizing a transaction (deposit or withdrawal) in any crypto currency funds to another crypto currency network address (such as but not limited to: sending or withdrawing BTC to BCH address). Betzino will not attempt to recover the amount.
9.4 Chargebacks
If a chargeback on a card or deposit method You have used is requested by the payment method provider, We may take the following actions:
- We may block Your Account;
- We may take any action that the law permits us to take like presenting your documents to your bank to challenge any fraudulent chargebacks;
- A chargeback notice may be issued and sent to You, using Your Registration Data;
- We will use the same payment method you chose when you made a deposit to process the chargeback;
If we are unable to confirm your identity and the payment method used to credit the account in question, we will send two reminder emails and these will be subject to a reasonable administrative fee of fifty (50) Euros each or the equivalent in foreign currency, deducted from the funds in Your Account that are not related to the chargeback.
Your Account balance may become negative in the event of a chargeback.
9.5 Cashlib
Payments with Cashlib are governed by the Cashlib terms and conditions available here: https://www.cashlib.com/terms-conditions/;
9.6 Wizz
If the payment service provider is @WIZZ, the transaction will result in the creation and purchase of electronic money issued by an E-money Issuer;