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Accounts, Payouts & Bonuses

1.1. Once you accept the terms and conditions, you (the customer) have confirmed that you are over the age of 18, or the age of consent in your respective country of jurisdiction and are considered able to take full responsibility for all actions that are required by the terms and conditions. Cashalot.bet.com reserves the right to request valid proof of identity which would verify the customer's age. Cashalot.bet.com has the power of attorney to terminate any account that causes reasonable suspicions pertaining to a minor. Cashalot.bet.com reserves all rights to void any betting transactions involving any minors.

1.2. Customers should be aware of any laws or bylaws which prohibit online gambling and/or online gaming active or relevant to their place of residence. Should this be the case the customer WILL NOT BE GRANTED ACCESS to the website at any time if the customer is:

a. located within the residence of a jurisdiction that prohibits gambling

b. a citizen of a nation or nation-state that strictly prohibits gambling.

c. is a citizen of the following countries or jurisdictions which collectively prohibit gambling:

- Australia, Bulgaria, France and its Territories, Israel, The Netherlands and its Territories, the United Kingdom and its Territories, the United States and its Territories

1.3. The customer further accepts and agrees with the Company that:

a. It is the customer's sole responsibility to ensure that he/she is compliant with the national and/or local laws before entering registration with Cashalot.bet.com or placing bets for that manner. Cashalot.bet.com encourages its customer's to seek legal advice prior to registering or placing bets. Should a customer breach a national or local law, Cashalot.bet.com does not hold any responsibility pertaining to any such matters.

1.4. The customer and prohibited jurisdictions may not at any time use the services or products offered by the company.

1.5. The customer agrees and condones that the purpose and use of the website are their sole responsibility and risk. The customer acknowledges and accepts that at any point the customer may lose money on a bet placed. The customer, therefore, accepts full responsibility for any losses.

1.6. The customer agrees that he may not represent himself as an agent or affiliate of Cashalot.bet.com, without a prior written statement from the company. In accordance, the customer will in no way market, advertise, promote or publicize the company, without prior written consent from the company.

1.7. The customer agrees not to make any attempts to attack, hack, make unauthorized alterations to, or introduce any form of malicious codes to the website. Moreover, the customer will not:

(a) Reverse-engineer or decompile any software available through the website

(b) Make copies, modifications, reproductions, transmissions, alterations, or distributions of all or any parts of the website.

(c) Disclose account information to a third party

(d) Cheat, deceive, trick, misinform, or defraud Cashalot.bet.com in any such way that is abusive.

Should Cashalot.bet.com find faulty behavior or failure to abide the terms and conditions, Cashalot.bet.com reserves all rights to freeze or suspend the customer's account(s), void all wagers and to withhold or decline payment(s) to any of these customers, as determined by the Company in its sole and absolute discretion.

1.8. It is the customer’s utmost responsibility to inform Cashalot.bet.com of any errors in customer payments received by, or payment paid to, the company.

1.9. The customer will is not permitted to authorize any other persons or a third party to the use of Cashalot.bet.com 's service, the use of the customer's account or to accept any winnings on their behalf.

1.10. Any winnings that are taxable or required by law to be disclosed will be reported by the customer to the proper authorities of Cashalot.bet.com. Cashalot.bet.com is not liable if the customer fails to do so.

1.11. Cashalot.bet.com and all affiliates are not to be held responsible for any liabilities, damages, losses, cost, and expenses, including legal fees, to which the customer fully agrees and consents to.

Payouts:

2.1. Any deposits are specifically to be used on our website. Any deposited amount will need to be wagered at least 10 (ten) times before the player is allowed to withdraw the funds.

2.2. The minimum accepted deposit is € 10.

2.3. NewEra B.V. has entered into an agreement with a number of payment service providers and financial institutions (as per the below table) so that the latter are able to receive deposits and process withdrawals on its behalf. Deposit timing and charges vary depending on the payment method opted for.

2.4. Players shall not treat NewEra BV as a financial institution, nor expect interest on their deposits.

2.5. Withdrawals will be processed only to open accounts. Furthermore, withdrawals will only be processed to the same account from where the funds paid into the player’s account originated.

2.7. Withdrawals are allowed only in cases where the customer uses the same payment method, he used to previously perform a deposit, with exceptions, where this is specifically disallowed.

2.8. A customer can withdraw up to € 10,000 (or equivalent in other currencies) from his/her account per week. In any case however, the player’s identity will be verified once the player has deposited a cumulative amount of € 2,000, on a 180-day rolling period, or whenever the licensee deems it necessary.

2.9.1 Maximum winning amount per ticket (including repetitive tickets) is 30 000 €.

2.9. Multiple withdrawals performed within a 30-day time-frame will be charged with a fee of 3% of the withdrawal amount to cover administrative costs.

2.10. NewEra BV reserves the right to charge withdrawals with fees to cover administrative costs, in case the deposit amount is not rolled over at least 10 times (sports wagers on odds less than 1.5 or casino wagers with minimum/no risk will not count for the roll over). In such case a fee shall apply.

 

2.11. NewEra BV is not responsible for any failures or delays that might be caused due to restrictions/problems which the credit card companies may be faced with. The licensee strongly recommends that its customers choose between the e-wallets available on its website, as, in this manner, there is a greater chance that the money transactions are carried out in a more swift and secure manner.

2.12. In order to process credit card withdrawal requests, we require the following ID documents:

• Copy of identity card

• Copy of back and front of your credit card (the 8 middle digits and the CVV numbers should ideally be covered)

• Addressed bank account statement or utility bill

• Additional identity verification documents which we may specifically ask for.

2.13. The player’s choice of payment may have been registered using personal details which are different from those of the NewEra B.V. account holder. In that case we reserve the right to ask for additional documentation to verify player’s identity and provided payment method details.

2.14. NewEra B.V. reserves the right to review transaction records and logs whenever it deems this to be necessary. If, consequent to these reviews, it becomes clear or it is suspected that the account is being:

• Used as a non-recreational play type; or

• That players are colluding and thereby distorting the game play, or

• are in any manner not complying with these terms and conditions,

NewEra B.V. will cancel all withdrawals and all winnings will be revoked. In any case however, the player will not lose the right to withdraw the amount originally deposited.  In addition, NewEra B.V. reserves the right to suspend such accounts.

 

Bonus Rules:

3.1. The following terms govern the Online Sports and Casino promotions.

3.2. In the event of any discrepancy between the meanings of any translated versions of these promotion’s specific terms and conditions and the English language version, the meaning of the English language version shall prevail.

3.3. When placing a bet during any promotion real money will be used first.

3.4. www.Cashalot.bet.com may in its sole discretion limit the eligibility of its customers to participate in all or part of any promotion.

3.5. Players who participate in one promotion cannot enter another promotion of the same type (Sports/Casino) or win any free bets during the promotion period. Players can have only one active Sports/Casino bonus at a time.

3.5.1. All weekly promotions can be claimed only once per player every week from 00:01 until 23:59 GMT. An exclusion is the Monday bonus, which can be claimed thrice per player every Monday.

3.5.2. Welcome Casino campaigns are limited with a maximum conversion amount of 10 times (10X) the bonus awarded from virtual funds to real money. Casino Reload campaigns are limited with a maximum conversion amount of 5 times (5X) the bonus awarded from virtual funds to real money.

3.6. In order to claim a free spins bonus a player must enter the respective bonus code when depositing. Free spins are not granted instantly, and will be available to eligible players within 48 hours of the bonus code activation. A customer must use all acquired free spins within 7 days of acquisition or otherwise they will expire and will no longer be available. In order to use the free spins granted by Cashalot.bet.com  player must launch the game corresponding to the promotion on offer, and click on “Play free spins now”.

3.7. Cashalot.bet.com may, at its sole discretion, decide to give free spins to its customers as a present. In that case the customers will be required to perform a minimum deposit equal to the winnings gained as a consequence of the free spins, and to wager the deposit in question 5 times before any withdrawals of winnings are permitted.

3.8. Cashalot.bet.com reserves the right to review transaction records and logs whenever it deems this to be necessary. Consequent to these reviews, it may become clear or suspicion may arise that the account is being:

• Used as a non-recreational play type or wager style account; or

• That players are colluding and thereby distorting the game play.

Cashalot.bet reserves the right to deduct all winnings accumulated in case any of the above has been determined.

3.8.1. Casino bonus manipulation amongst others, may consist of:

• Placing bets listed as Restricted Gameplay in the specific promotion’s rules

• Increasing the balance then changing the gaming pattern significantly (bet, game, type, bet structure, etc) in order to complete the wagering requirements for the bonus

• Making large bets leading to a substantial gain followed by a drop in bet size equal to or greater than 75% of the previous average bet size in order to complete the wagering requirements for that bonus

3.8.2. Sports bonus manipulation amongst others, may consist of:

• Placing bets listed as Restricted Gameplay in the specific promotion’s rules

• Placing bets on opposite outcomes or repetitive bets

• Placing bets on your real + virtual balance more than twice in a row

• Increasing the balance then changing the gaming pattern significantly (bet, game, type, bet structure, etc) in order to complete the wagering requirements for the bonus

• Making large bets leading to a substantial gain followed by a drop in bet size equal to or greater than 75% of the previous average bet size in order to complete the wagering requirements for that bonus

3.8.3. In case of bonus manipulation Cashalot.bet reserves the right to deduct all winnings accumulated.

3.8.4. Sports bonus virtual funds can be used for sports betting only.

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