BATBET LEGAL DISCLAIMER
1. Introduction
1.1 General Information about the Platform
This document serves as a legal disclaimer regarding the risks associated with using the BatBet platform, including betting on esports events, participating in lotteries, opening cases, and trading in-game items. The platform uses blockchain technology to ensure transparency and security for all operations. Before using our services, users are required to review this document, which provides important information about potential risks and limitations.
1.2 Risk Warning
The BatBet platform provides users with the opportunity to participate in various activities, such as betting on esports events, participating in lotteries, and opening cases. However, it is important to note that all operations, including bets and cryptocurrency transactions, involve risks that may lead to financial losses. The following are the main risks users should consider before using the platform:
Technical Risks: Possible platform failures, including errors in smart contracts, technical issues with cryptocurrency transactions, and server disruptions.
Financial Risks: Losses due to unsuccessful bets, cryptocurrency price fluctuations, and potential volatility in token values.
Jurisdictional Risks: Restrictions or prohibitions on using the platform in certain countries due to local legislative regulations regarding cryptocurrencies and online betting.
Security Risks: The possibility of hacking attacks and data leaks that could affect the security of user assets and data.
1.3 Requirement to Acknowledge the Disclaimer
The platform is not responsible for any potential financial losses, technical failures, or legal consequences that may arise during the use of the platform. All users must independently assess the risks and participate in betting and other activities on the platform at their own risk.
2. Limitation of Liability
2.1 Platform Liability Limitations
The BatBet platform is not liable for any losses or risks associated with using its services. This includes, but is not limited to, the loss of funds while placing bets, as well as the loss of access to tokens, NFTs, or in-game assets stored on the platform. Users agree to acknowledge that using the platform involves risks and that all actions related to transactions on the platform are undertaken at their own risk.
2.2 Cryptocurrency-Related Risks
The use of cryptocurrencies for betting on the platform is associated with risks related to the high volatility of cryptocurrencies. The value of cryptocurrencies can change abruptly and unpredictably, which may affect the amount of bets, deposits, and winnings. The platform is not responsible for losses caused by fluctuations in cryptocurrency prices that may occur at the time of betting or conducting transactions.
2.3 Technical Failures
The platform is not responsible for system failures, transaction issues, or technical malfunctions caused by external services, networks, or technologies such as blockchain. In case of failures, technical errors, or loss of access to the blockchain network, users may face difficulties completing operations, including placing bets, deposits, or withdrawals. The platform is not obligated to compensate for losses related to such technical failures.
2.4 Independent Risk Assessment
Users agree to independently assess the risks associated with using the platform, including risks related to cryptocurrency price fluctuations, network availability, blockchain services, and other technical factors. The platform recommends that users exercise caution and carefully consider all potential risks before conducting transactions or placing bets.
3. Platform-Related Risks
3.1 Risks Associated with Cryptocurrencies and NFTs
The use of cryptocurrencies and NFTs on the platform may result in financial losses. These assets are subject to high volatility, and their value can change both during transactions and after their completion. Additionally, technical failures in the system may affect the availability or functionality of cryptocurrency assets or NFTs. The platform is not responsible for such losses, and users must independently assess the risks associated with using these assets.
3.2 Legal Risks
The platform may be unavailable or prohibited in certain jurisdictions due to local laws and regulations that restrict or prohibit online betting or the use of cryptocurrencies. Users are required to ensure that participation in betting, using the platform, and engaging in cryptocurrency transactions do not violate the laws and regulations in their country or region. The platform is not responsible for any legal consequences associated with using its services in jurisdictions where such activities are prohibited.
3.3 Transaction Risks
The platform is not responsible for user errors related to conducting transactions, including incorrectly entering cryptocurrency wallet addresses, errors in amounts, or other data that may result in the inability to complete a transaction. Users are required to carefully check all data before making transfers and placing bets, including the correctness of the cryptocurrency or asset receiving address. All transactions are final and cannot be undone once confirmed by the system.
4. Disclaimer of Liability
4.1 Disclaimer of Liability for Bets and Games
The BatBet platform does not provide any guarantees regarding successful bets or outcomes of participation in lotteries, cases, or other games conducted on the platform. All actions, including placing bets and participating in games, are undertaken at the user's own risk. Users must understand that betting and gaming are elements of chance, and any result, including winning or losing funds, cannot be guaranteed by the platform.
4.2 Disclaimer of Liability for Third-Party Actions
The BatBet platform is not responsible for the actions of third parties, including but not limited to partners, services, and other external sources with which it may be associated. This includes any issues related to external services such as payment system providers, cryptocurrency wallets, affiliate programs, or advertising agents. The platform is not liable for any losses, issues, or damages arising from a user's interaction with third parties.
5. Jurisdictional Risks
Users must be aware that the use of the platform may be restricted or prohibited in certain countries or regions depending on local laws and regulations concerning online betting, cryptocurrencies, and gambling. The BatBet platform is not responsible for any legal consequences related to users' actions in such jurisdictions. Users are obligated to independently verify and ensure that their participation in betting, use of the platform, and conducting transactions comply with the laws of their country or region.
6. Security Issues
6.1 Data Security
The BatBet platform implements standard security measures to protect user data, including the use of encryption and other technologies to minimize risks. However, despite these measures, the platform cannot guarantee absolute data security, especially in the case of external threats such as hacker attacks, breaches, or other forms of unauthorized access. Users must be aware that the security of their data largely depends on following recommendations for account protection, including the use of strong passwords and two-factor authentication.
6.2 Technical Failures
The platform is not responsible for the temporary unavailability of services or system failures that may occur due to technical issues on the platform or within the blockchain network. This includes, but is not limited to, server problems, network issues, or smart contract failures. The platform will make every effort to restore normal operations, but users should understand that technical problems may lead to temporary loss of access to services.
7. Changes to Terms of Use
7.1 Right to Amend
The BatBet platform reserves the right to modify or update the terms of use at any time without prior notice to users. All changes will take effect immediately upon being published on the official platform website. Users agree that continued use of the platform after changes have been made will constitute their acceptance of the updated terms.
7.2 User Responsibilities
Users are obligated to periodically review the terms of use in order to stay informed of any changes. The platform is not responsible for any consequences arising from users failing to review the current version of the terms of use.
8. Conclusion
8.1 Confirmation of Agreement
By using the BatBet platform, the user confirms that they agree to the terms outlined in this Legal Disclaimer and assume all risks associated with the use of the platform. The user understands that all actions, including placing bets, deposits, transactions, and participating in other activities on the platform, are undertaken at their own risk.
8.2 Responsibility for Actions
The BatBet platform is not responsible for user actions that may lead to financial losses or legal consequences. Users agree to comply with all terms of use of the platform and act in accordance with applicable laws, accepting responsibility for their actions that may affect their financial position or result in legal consequences.