CopyBet Terms of Use
1. Platform Terms
- Company Details: CopyBet UK Ltd is licensed and regulated by the UK Gambling Commission, ensuring compliance with gambling laws and regulations. It provides a betting platform where users can copy other users’ betting practices.
- Client: A client must be over 18 years old and have a registered CopyBet Profile. The client agrees to the terms and conditions and the rules of using the platform.
- CopyBet: A platform allowing users to copy bets from Tipsters. It facilitates automated and manual bet copying to simplify the betting process for clients.
- CopyBet Profile: This is the user’s personal account on the platform where they manage their betting activities, subscriptions, and finances.
- Tipster: An individual who provides betting predictions and tips for others to follow. Tipsters are evaluated based on their betting performance and reliability.
- Follower: A user who subscribes to Tipsters to copy their bets. Followers benefit from the experience and knowledge of successful Tipsters.
- Commission: A payment made to Tipsters by Followers for the betting tips provided. This commission is based on the performance and success of the Tipster’s bets.
- Wallet: The internal payment system where clients can deposit and withdraw funds. The wallet ensures secure and convenient financial transactions on the platform.
2. CopyBet Sportsbook Terms
- Verification: Clients must verify their identity by providing proof of date of birth, name, address, and email. This ensures compliance with legal requirements and prevents fraudulent activities.
- Eligibility: Clients must not be professional athletes, employees of sports clubs, legally restricted from betting, or using illicit funds. This ensures fair play and compliance with legal standards.
- Bet Types: Clients can place various types of bets, including Single, Accumulator, System, Chain, Handicap, and Total bets. Each bet type has specific rules and payout structures.
- Betting Rules: Bets are only accepted if confirmed by the platform. Once placed, bets cannot be changed or canceled, ensuring the integrity of the betting process.
- Account Activity: The company reserves the right to block accounts for suspicious activities and can verify account actions for up to 14 days to ensure security and compliance.
- Website Use: The company is not responsible for losses incurred due to website use or content errors, highlighting the importance of user diligence and caution.
- Bet Display: Information on betting events is provided for informational purposes and should not be relied upon solely for betting decisions.
3. Risk Disclosure
- Risks: Clients should understand the financial risks involved in betting, including the potential for significant financial losses. Betting should be undertaken responsibly, with awareness of the risks and a clear strategy.
4. Basic Copy-Betting Principles
- Functionality: Copy-betting allows users to automatically copy the bets of selected Tipsters. This process leverages the expertise of successful bettors to increase the chances of winning.
- User Control: Users have control over which Tipsters they follow and can manage their subscriptions based on performance and personal preferences.
5. Copy-Betting Algorithm
- Algorithm: The platform uses a sophisticated algorithm to copy bets in real-time. This ensures that copied bets are placed promptly and accurately, minimizing discrepancies and maximizing potential profits.
- Performance Tracking: The algorithm also tracks the performance of copied bets, providing detailed analytics and reports to help users make informed decisions.
6. Copying from CopyBet Sportsbook
- Process: Users can copy bets directly from the CopyBet Sportsbook by selecting their preferred Tipsters. The process is seamless and automated, ensuring that users can participate in betting without extensive manual intervention.
7. Limit Loss
- Loss Limits: Users can set personal loss limits to manage their betting activities responsibly. These limits help prevent excessive losses and promote responsible gambling.
- Enforcement: The platform enforces these limits strictly, ensuring that users do not exceed their predetermined loss thresholds.
8. Possible Errors in the Copying Process
- Errors: Various errors may occur during the copying process, including technical issues, delays, or discrepancies in bet placement. The platform has measures in place to address and rectify these errors promptly.
- User Awareness: Users are advised to monitor their accounts regularly and report any anomalies or issues to the support team for resolution.
9. Free Bets
- Offers: The platform occasionally offers free bets to users as promotional incentives. Conditions for receiving and using free bets include specific wagering requirements and time limits.
- Usage: Free bets must be used according to the terms specified in the offer. Unused free bets may expire, and winnings from free bets are subject to withdrawal conditions.
10. ACCA Bonus Offer
- Bonuses: The ACCA bonus offer rewards users for placing accumulator bets. The terms include minimum odds, bet types, and the number of selections required to qualify for the bonus.
- Payouts: Bonuses are paid out in addition to standard winnings, enhancing the overall potential returns for successful accumulator bets.
11. Weekly Challenge Offer
- Challenges: The platform hosts weekly challenges where users can participate and win prizes. The terms include entry requirements, challenge duration, and prize distribution criteria.
- Engagement: These challenges encourage user engagement and provide additional opportunities for users to win rewards beyond standard betting activities.
12. CopyBet Account
- Account Management: Users can manage their CopyBet accounts by updating personal information, setting preferences, and controlling access settings. Account security is a priority, with measures in place to protect user data.
- Activity Monitoring: Users can view their betting history, transactions, and performance metrics through their account dashboard.
13. CopyBet Sportsbook Account
- Account Management: Similar to the CopyBet account, the Sportsbook account allows users to manage their betting activities specific to the Sportsbook. This includes placing bets, viewing odds, and tracking performance.
- Security: Enhanced security features protect user accounts from unauthorized access and ensure the safety of funds and personal information.
14. Blocking and Suspension of Accounts
- Suspension: The company can block or suspend accounts for various reasons, including suspicious activity, rule violations, or legal compliance issues. Users will be notified of the reasons for suspension and the steps required to resolve the issue.
- User Recourse: Suspended users have the right to appeal the decision and provide evidence to support their case for account reinstatement.
15. Account Verification
- Verification: Users must submit required documents, such as identification, proof of address, and payment method verification. This process ensures compliance with legal and regulatory standards.
- Time Frame: Verification must be completed within a specified time frame to continue using the platform without restrictions.
16. Funds Deposit
- Deposits: Users can deposit funds into their CopyBet wallets using various payment methods, including credit/debit cards, bank transfers, and e-wallets. The platform ensures secure and efficient processing of deposits.
- Limits: Minimum and maximum deposit limits may apply based on the payment method and user status.
17. Funds Withdrawal
- Withdrawals: Users can withdraw funds from their CopyBet wallets to their designated payment accounts. Withdrawal requests are processed within a specified time frame, subject to verification and security checks.
- Fees: Withdrawal fees may apply based on the payment method and transaction amount.
18. Rating
- Ratings: Tipsters and Followers are rated based on their performance and activity. Ratings help users make informed decisions about which Tipsters to follow and the reliability of their betting strategies.
- Criteria: Ratings are determined by factors such as win/loss ratios, bet accuracy, and user feedback.
19. Statistics Reset Service
- Service: The platform offers a service to reset statistical data for Tipsters. This can be useful for Tipsters who wish to start fresh or address anomalies in their performance metrics.
- Conditions: Reset requests must meet specific conditions and are subject to approval by the platform.
20. Commission
- Commission: Tipsters earn commissions based on the performance of their bets and the number of Followers. Commissions are calculated as a percentage of the profits generated from copied bets.
- Payouts: Commission payouts are made periodically, subject to performance evaluation and adherence to platform rules.
21. Subscription Payments
- Payments: Followers pay subscription fees to Tipsters for their betting tips. Subscription payments are processed automatically and deducted from the user’s wallet.
- Renewal: Subscriptions renew automatically unless canceled by the user. Users can manage their subscriptions through their account settings.
22. Changing Subscription Conditions
- Changes: Tipsters can change their subscription conditions, including fees and terms, with prior notice to their Followers. Changes take effect at the end of the current subscription period.
- User Rights: Followers have the right to accept or decline the new conditions and can cancel their subscriptions if they do not agree with the changes.
23. Responsibilities of a Follower
- Follower Duties: Followers are responsible for managing their subscriptions, monitoring their accounts, and ensuring compliance with platform rules. They should also bet responsibly and within their financial means.
- Due Diligence: Followers must conduct due diligence when selecting Tipsters to follow and should be aware of the risks involved in betting.
24. Responsibilities of a Tipster
- Tipster Duties: Tipsters must provide accurate and reliable betting tips and adhere to platform guidelines. They are responsible for maintaining their performance and reputation on the platform.
- Ethics: Tipsters should operate ethically, avoiding any actions that could harm their Followers or the integrity of the platform.
25. Responsibilities of the Company
- Company Duties: The company is responsible for maintaining the platform, ensuring fair play, and protecting user data. It must comply with legal and regulatory requirements and address any issues or disputes promptly.
- Support: The company provides customer support to assist users with account management, technical issues, and general inquiries.
26. Deposit Limits
- Limits: Users can set deposit limits to control their spending on the platform. These limits can be adjusted based on user preferences and financial circumstances.
- Enforcement: The platform enforces deposit limits strictly to promote responsible gambling and prevent excessive spending.
27. Time Out
- Breaks: Users can take a time out from betting by temporarily suspending their accounts. This feature allows users to take a break and return to betting at a later time.
- Duration: Time-out periods can be set for specific durations, and users cannot access their accounts during this time.
28. Self-Exclusion
- Exclusion: Self-exclusion allows users to block themselves from accessing their accounts for a longer period. This option is designed for users who need to take a more extended break from betting.
- Process: Self-exclusion requests are processed promptly, and users cannot reverse the decision until the exclusion period ends.
29. GAMSTOP Service
- GAMSTOP: The platform integrates with GAMSTOP, a service that allows users to self-exclude from all UK-licensed gambling websites. This provides an additional layer of protection for users seeking to control their gambling activities.
- Registration: Users must register with GAMSTOP to activate the self-exclusion across all participating platforms.
30. Dispute Resolution
- Disputes: The platform has a formal dispute resolution process to address user complaints and issues. Users can submit their disputes to the support team for investigation and resolution.
- Mediation: If necessary, disputes can be escalated to independent mediation services to ensure fair and impartial outcomes.
31. Application of Terms
- Application: The terms of use apply to all users of the platform and govern the relationship between the company and its clients. Users must agree to these terms to access and use the platform.
- Interpretation: The terms are interpreted according to applicable laws and regulations. Any ambiguities or conflicts are resolved based on legal standards and industry practices.
32. Protection of Funds
- Protection: The platform implements measures to protect client funds, including segregated accounts and secure payment processing. This ensures that user funds are safe and accessible at all times.
- Compliance: The company complies with financial regulations to safeguard client funds and prevent misuse.
33. Communication with Support
- Support: Users can communicate with the support team through various channels, including email, phone, and live chat. The support team assists with account management, technical issues, and general inquiries.
- Response Time: The platform aims to provide prompt and efficient support, with response times varying based on the complexity of the issue.
34. Privacy Policy
- Privacy: The platform’s privacy policy outlines how client data is collected, used, and protected. User data is handled with confidentiality and used only for legitimate purposes.
- Consent: Users must consent to the privacy policy when registering on the platform. They have the right to access, modify, and delete their personal data as per the policy guidelines.
35. Legal Restrictions
- Restrictions: Legal restrictions apply to users based on their jurisdiction. Users must ensure they comply with local laws and regulations related to online betting and gambling.
- Compliance: The platform adheres to international standards and legal requirements to ensure lawful operations and user protection.
36. Profile Closure
- Closure: Users can request the closure of their profiles at any time. Profile closure is subject to verification and the resolution of any outstanding issues or transactions.
- Final Settlement: Upon profile closure, any remaining funds in the user’s wallet are returned, and the account is permanently deactivated.