Your wagering at an online casino is subject to a contract between you and the casino. The casino spells out the terms of this contract in a number of agreements. Some of the agreements have to be explicitly accepted by you and your consent to others is implied. Any dispute arising later between you and the casino will be resolved on the basis of what is stipulated in these agreements. Hence it is in your interest that you read, understand and adhere to these agreements.
The first agreement is the End User License Agreement (EULA). You would be required to accept this agreement. If you do not do so then the software will not install. This agreement says that you as a player are only allowed to use the software for wagering at the online casino. You do not own the software. Therefore you are neither allowed to tamper with the software nor allowed to rent it to others. You also indemnify the casino and the software provider of any consequential liability. For example if you borrow money and lose it while wagering you cannot hold the casino liable for paying off your debt. Please read and understand the agreement before you accept it.
The second agreement is the set of general terms and conditions. It is implied that you have accepted these once you start wagering. These terms essentially define who is allowed to wager at the casino. Two conditions are important. One is that the jurisdiction of the player’s residence should hold online gambling as legal. The second is that as per the laws of his place of residence he must have reached the legal age for gambling. The online casino clearly puts the responsibility on the player for determining if he is legally allowed to gamble. Another important aspect of this agreement is that you are confirming that the funds you deposit have not been obtained illegally. If you do not fulfill these conditions then please do not deposit funds at the casino. The agreement allows the casino to ask for required proof and if the casino finds that you are in default then you stand to lose your funds.
The bonus terms and conditions are the most important and it is crucial that you completely understand these before you start wagering. Most of the disputes between players and casinos stem from these conditions. The core issue is the wagering requirements. What are the wagering requirements, whether the amount includes the deposit or only the bonus, on which game are the requirements to be met and can the bonuses be ultimately withdrawn are spelled out in these conditions. Players from some countries have enhanced wagering requirements and you should be alert to this. Many casinos consider an attempt at withdrawal without meeting wagering requirements as an instance of fraud and withhold payments and debar the player.
These agreements are subject to change and your consent to the changes is implied. Therefore periodically check out these agreements to see if anything new has been added.
|
Comments
 Add Comment
Add Comment
You must be signed-in to add a comment: - Sign-in - Register
|
The biggest mistake that players can make and I have to agree with you all is not reading the agreements as set forth by the online casinos they're playing at!