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CARIBBEANBET.COM
Terms and Conditions of Use


This Agreement contains the complete terms and conditions that apply to an individual's or entity's use of CARIBBEANBET.COM's Wagering Services which are accessible on the World Wide Web by typing in the URL www.caribbeanbet.com. As used in this Agreement, "we" means CARIBBEANBET.COM and "our" refers to CARIBBEANBET.COM, and "you" means the applicant and "your" refers to the applicant. "Site" means a World Wide Web site and refers to the CARIBBEANBET.COM sites, located at the URL www.caribbeanbet.com.

Casino Software License Agreement

We grant you a non-exclusive and royalty-free license to use and redistribute our downloadable C++ casino software. If you redistribute our software you agree to:

  • distribute our software in its entirety which is designed, developed, tested, to operate in the Microsoft Windows© environments.
  • not use any of our names, logos, trademarks or service marks to market the software product for commercial use.

Our casino software product is protected by copyright laws and international copyright treaties, as well as other intellectual property laws and treaties. The software product is licensed, not sold.


General Sports Wagering Rules

Once we accept your bet you cannot cancel or amend that bet in any way.

We will make every effort to ensure that all information available on our site is accurate; however, in the case of obvious mechanical, technical or human error in the prices or conditions we publish, we reserve the right, at our discretion, to either modify your wager and to pay you out at the correct prices or to no-action your wager.

You must place your bet and we must accept that bet before the start of the game or event wagered on. Any bet placed or received after the start of the game or event wagered will be void.

We will not honor any wager you claim has been placed unless that wager is listed in your pending or scored history sheet.

We reserve the right to suspend or withdraw any game at our absolute discretion and we also reserve the right to refuse or limit any wager.

We accept no responsibility for the cancellation of any game for any reason. Without prejudice to limits placed on player winnings hereafter, the maximum aggregate payout for all wagers taken on any Parlay Card or Teaser Card from all our patrons combined is Fifty Thousand Dollars United States Currency (US$50,000) plus twice the total amount wagered on that particular card. This aggregate payoff shall be paid in proportion to the amount won by all patrons at all our sites described herein and shall be calculated without regard to the number of propositions selected.

Where not specified herein, our rules specific to sports wagering can be found at http://www.caribbeanbet.com/rules.html.


Confidentiality

We shall undertake to maintain your anonymity unless you agree to your identity being used for publicity or other purposes. Please read our privacy policy for details.


Restricted Individuals

If we consider you to be a Restricted Individual, you are not permitted to register with us or to access our Wagering Services. If you circumvent our controls and do open an account with us, we reserve the right to 1) cancel your account without notice and 2) void all transactions you have made with us and refund your initial deposit back to you.

We consider you a Restricted Individual if you (1) are under 18 years of age (2) reside in Hong Kong, the Netherlands, the Philippines, Canada or any jurisdiction where Internet gambling is expressly prohibited (3) reside in Afghanistan, Algeria, Belarus, Croatia, Egypt, Estonia, Indonesia, Latvia, Lithuania, Malaysia, Nigeria, Pakistan, Romania, Russia, Slovenia, Taiwan, Thailand or Yugoslavia (4) have been banned for any reason by any government licensed land or internet-based casino or sports betting facility located anywhere in the world (5) are a bookmaker or an employee of a bookmaker using our Wagering Services in the course of your employment or (6) are a member of any type of professional gambling partnership or syndicate

If you are a Restricted Individual you may access our "Play For Fun" casino games.


Fraudulent Activity

You acknowledge that any attempt by you, or any party acting upon your explicit or implicit cooperation or encouragement, to defraud us shall result in the forfeiture of your entire account balance including your initial deposit. You further acknowledge that this forfeiture shall in no way prevent us from pursuing other avenues of recourse such as the filing of a criminal or civil legal action.

Without limiting our definition of fraud, we shall consider your activities fraudulent if you place wagers or attempt to place wagers from more than one account, if you place wagers or attempt to place wagers from an account which is not in your own name, if you use the services of a third party to help hide your identity in order to place wagers with us, or if you place wagers or attempt to place wagers through the use of any type of automated device.


Password

You are solely responsible for the security of your Personal Identification Number (PIN) and your password. In the event that you suspect that a third party may have your PIN or password, you must ask us to furnish you with a new PIN and password. You are responsible for any unauthorized use of your account. In the event that a third party places a bet or is thought to have placed a bet in your account, said bet shall be valid regardless of whether or not the alleged third party had your prior consent or knowledge. Under no circumstances will any bet be cancelled for this reason.

When choosing a password we recommend you do NOT use all lower case letters. DO use numbers and symbols. DO use a mix of upper and lower case letters.


Discrepancies/Disputes

Should there be a discrepancy between the gaming results on your computer and the gaming results on our server in Antigua, the results on our server shall be controlling.

After logging in, but prior to placing a wager, you must verify your account balance. When you verify and accept your account balance you agree that all previous transactions are correct and you do not have any claims against us. Claims or disputes against us must be settled prior to you making any further wagers. Notice of these claims or disputes must be reported to us within 3 days from the date of any wager specific dispute.

If we credit funds to your account in error, it is your responsibility to notify us of the error without delay. Any winnings you achieve subsequent to the error but prior to notifying us, whether linked to the error or not, shall be deemed invalid and returned to us. We reserve the right to adjust your account to correct any error.

All our Internet transactions will be saved on a tape back-up system. In all cases of dispute, you and we agree that the file tape back-up shall serve as the final authority in the dispute and all wagers and/or account balances will be adjusted accordingly. For disputes, claims, additional account information or to report account discrepancies, contact us by electronic mail at help@caribbeanbet.com.

Notwithstanding anything in this Agreement, in the event of any dispute regarding a wager or winnings or any other transaction relating to the use of our Wagering Services, our decision will be final and binding in all matters.

In the event of a discrepancy between the English language version of this Agreement and any other language version, the English language version shall be deemed correct.


Bonuses

From time to time you may be eligible to receive free bonuses from us. Your eligibility and the amount of these free bonuses shall be subject to our discretion and shall be non-transferable and non-refundable. Bonuses are not cumulative. Therefore, if you make a deposit that is eligible for a bonus under two separate promotions, your account will only be credited with one bonus and the other will not accrue to you.

You may not request payment of your account balance plus the bonus until you have placed casino or sports betting wagers totaling at least three times the amount of the initial deposit plus the bonus. For example, if you open an account and deposit $500, you must make wagers totaling $1,650 before you can withdraw your free $50 sign-up bonus in addition to your own $500 deposit.


Limit of Player Winnings

The maximum dollar amount that may be won by any customer (whether an individual, corporation or other entity) or any syndicate, partnership or any combination of customers acting in concert in any 30-day period is Twenty Five Thousand Dollars United States Currency (US$ 25,000). This maximum shall apply independently of the number of wagers placed or pending or the amount wagered or pending, and it shall be incumbent upon you to ensure that your 30-day return does not exceed the aforesaid limit.

Without limiting the generality of the foregoing, we reserve our right to credit any account or group of accounts controlled by any customer (whether an individual, corporation or other entity) or any syndicate, partnership or any combination of customers acting in concert to a 30-day maximum of Twenty Five Thousand Dollars United States Currency (US$ 25,000) or the equivalent, and/or to debit any account or group of accounts which have been credited a 30-day amount in winnings of more than Twenty Five Thousand Dollars United States Currency (US$ 25,000) or the equivalent. Any parlay, teaser or future bets shall be judged to have been placed during the 30-day period in which the result of the final event in the parlay or future bet(s) was announced. For the purposes of this section, a 30-day period shall be defined as any consecutive 30 days regardless of whether these consecutive 30-days take place in single calendar month or the combination of two or three calendar months.
 
Withdrawing Funds

We only allow two withdrawals per day. Your PIN is required to withdraw money from your account. We want financial transactions to be as secure as possible and your PIN number adds a level of security. Your PIN number is randomly generated for your account and is sent to you by e-mail immediately after you create your account.

You must ensure that your personal details including valid e-mail and postal mailing address are kept up to date on our system. Your postal mailing address on your account must exactly match the address listed on your credit card statements for all credit cards used on your account. We shall not be responsible for any loss, error or claim that may result from your failure to keep such information up to date on our system.

You are responsible for withdrawing or playing out any funds held in your account. We do not undertake to notify you of outstanding balances. If your account is inactive for longer than 6 months you will forfeit the outstanding balance.

We reserve the right to require identification documents from you for general auditing purposes or before sending you your withdrawal.


Taxes

We will not disclose details of your winnings or losses since this is your responsibility. If you reside in a jurisdiction where your winnings are taxable you must keep track of your winnings and report them to the proper authorities. These or any other tax related obligations shall be your sole responsibility.


Computer Error

Notwithstanding any implied or express terms of this Agreement, you agree that in the event that our computer hardware or software does not properly implement the rules of a game or does not properly implement the random number generator, or does not make proper account for the play that has occurred, we shall only be liable for your initial deposit, and you shall forfeit any winnings made as a result of the computer or software error.


Legality

We operate our services under license from the government of Antigua and Barbuda. Our license permits us to accept Internet casino and sports wagers from an international audience. You agree that all wagers you place with us are considered to be placed and received in Antigua and Barbuda.

Laws regarding Internet gambling vary throughout the world. It is your responsibility to ensure that you understand and fully comply with all laws or regulations relevant to you in your country. By applying for membership at our site, you are acknowledging that you have determined that the laws in your jurisdiction allow you to place a wager via the Internet and they allow us to receive that wager from you. We accept no responsibility for the legal consequences of your actions.


Terms of the Agreement

The term of this Agreement will begin upon our acceptance of your membership application and will end when terminated by either party. Either you or we may terminate this Agreement at any time, with or without cause, by giving the other party notice by electronic mail of termination. Our electronic mail address for this purpose is support@caribbeanbet.com. Upon the termination of this Agreement for any reason, you will immediately cease use of our wagering services.

In the event that your registration is terminated or suspended, we reserve the right to determine whether to declare as void any of your outstanding bets.


Modification

We may modify any of the terms and conditions contained in this Agreement at any time and in our sole discretion by posting a change notice or a new agreement on our site. IF ANY MODIFICATION IS UNACCEPTABLE TO YOU, YOUR ONLY RECOURSE IS TO TERMINATE THIS AGREEMENT. YOUR CONTINUED USE OF OUR WAGERING SERVICES FOLLOWING OUR POSTING OF A CHANGE NOTICE OR NEW AGREEMENT ON OUR SITE WILL CONSTITUTE BINDING ACCEPTANCE OF THE CHANGE.


Limitation of Liability

You understand that gambling involves risk. By gambling on our website you run the risk that you may lose money or suffer psychological injuries. You gamble at your own risk; we will not be liable for any consequence of your decision to gamble.

We accept no liability for any damages caused to you by the interception or misuse of any information transmitted over the Internet.

We will not be liable for any consequence alleged to have occurred due to force majeure. For purposes of this Agreement force majeure shall include, but shall not be limited to, failure of our central computer system or any part thereof, delays, losses, errors, or omissions resulting from failure of any telecommunications or any other data transmission system, any act of God, an outbreak of hostilities, riot, civil disturbance, acts of terrorism, acts of Government or authority (including refusal or revocation of any license or consent), fire, explosion, flood, theft, malicious damage, strike, lockout, industrial action of any kind or any other circumstance that was beyond our reasonable control.

We will not be liable for indirect, special, or consequential damages (or any loss of profits or data) arising in connection with this Agreement or our Wagering Services, even if we have been advised of the possibility of such damages. Out total liability in respect to any claim or loss in relation to any single wager you placed will only be the amount you had at risk on that wager. Further, our aggregate liability arising with respect to this Agreement will not exceed the total of your deposits minus your withdrawals from your account.


Disclaimers

We make no express or implied warranties or representations with respect to our Wagering Services (including, without limitation, warranties of fitness, or any implied warranties arising out of a course of performance, dealing, or trade usage). In addition, we make no representation that the operation of our site will be uninterrupted or error-free, and we will not be liable for the consequences of any interruptions or errors.


Independent Investigation

YOU ACKNOWLEDGE THAT YOU HAVE READ THIS AGREEMENT AND AGREE TO ALL ITS TERMS AND CONDITIONS. YOU HAVE INDEPENDENTLY EVALUATED THE DESIRABILITY OF USING OUR WAGERING SERVICES AND ARE NOT RELYING ON ANY REPRESENTATION, GUARANTEE, OR STATEMENT OTHER THAN AS SET FORTH IN THIS AGREEMENT.


Miscellaneous

This Agreement shall be governed by the laws of Antigua and Barbuda, without reference to rules governing choice of laws. Any action relating to this Agreement must be brought in the courts located in St. John's, Antigua, and you consent irrevocably to the jurisdiction of such courts. You may not assign this Agreement, by operation of law or otherwise, without our prior written consent. Subject to that restriction, this Agreement will be binding on, inure to the benefit of, and be enforceable against the parties and their respective successors and assigns. Our failure to enforce your strict performance of any provision of this Agreement will not constitute a waiver of our right to subsequently enforce such provision or any other provision of this Agreement.


Entire Agreement

The parties agree that this Agreement constitute the complete and exclusive statement of the terms and conditions between you and us covering the performance hereof and cannot be altered, amended or modified except as stated herein. By clicking on the "I Agree with the Terms and Conditions - register me now!" button, you agree to abide by all the terms and conditions of this Agreement.



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