An overview of the main Banzai Bet terms and conditions.

Banzai Bet General Terms and Conditions in India

Our article provides an overview of the key rules and terms users agree to when using the Banzai Bet platform and mobile application. It is important to carefully read these terms before registering, as compliance is crucial for accessing Banzai Bet’s services safely and responsibly. Understanding how to place bets during a match, the various types of bets and features, as well as account opening and banking options are all essential. Additionally, by joining as a partner with Banzai Bet, you can access various tools and materials designed to support your success. Below, you will find information to help you familiarize yourself with the Banzai Bet Terms and Conditions.

Basic Definitions

To help you understand the terms and conditions, we’ve prepared some key definitions used on the Banzai Bet platform:

  • Access Device: Any electronic means of accessing the services, including computers, smartphones, tablets, and gaming consoles;
  • Bonus Terms: Rules and conditions related to Banzai Bet promotions and special offer that may apply to various platform services;
  • Group: The companies Nevadin Limited, registered in Cyprus, and Evolut Interactive N.V., registered in Curaçao, which operate the platform;
  • Operator: The company Evolut Interactive N.V., which manages the Banzai Bet platform and holds a Curaçao license;
  • Payment Processor: Nevadin Limited, a company responsible for processing payments on the platform;
  • Privacy Policy: The Operator’s policy that governs the processing and storage of personal data;
  • Services: All services provided by the Operator on the website, including betting and gaming;
  • Website: The website or subdomain on which the platform is located and through which the Operator’s services are offered.

General Regulations

In order to better understand the terms of use of the Banzai Bet platform, please read the following general regulations:

  • Agreement Parties: The Terms of Use involve You, the Operator, and the Payment Processor;
  • Information Source: All Banzai Bet information is provided by the website’s service provider, operated by Evolut Interactive N.V;
  • Cardholder Services: Provided by Nevadin Limited, registered in Limassol, Cyprus;
  • Inquiries and Complaints: Should be directed to Evolut Interactive N.V;
  • Player Accounts: Only permitted for individuals who have legal capacity and are of age;
  • Privacy Policy: All users must read, understand and agree to this policy before creating or using an account;
  • Affiliate Transparency: To enhance transparency, Banzai Bet offers analytics and metrics to track player engagement, ensuring the partner can measure the traffic and growth.

Changes to Terms of Use

Banzai Bet reserves the right to modify the terms and conditions at any time. Changes may be related to legal requirements, user experience improvement, or regulatory guidelines. Users will be notified of significant changes via email or other contact methods as necessary. Continued use of the platform after changes indicates user acceptance of the updated terms​. Banzai Bet also reserves the right to suspend or terminate services at any time, with reasonable cause.

Account Opening

Opening an account with the Operator offers significant benefits. Here’s how to register at Banzai Bet:

  1. Access the Sign-Up Page: Visit the website and click on “Sign Up”.
  2. Register Your Account: Follow the on-screen instructions to complete the registration.
  3. Explore Alternative Methods: Explore others account opening methods provided by the Operator if needed.

When opening an account, you’ll be asked to provide personal information, including your name, date of birth, and contact details such as address, telephone number, and email address. You can update these details through Customer Services, the My Account page on the website, or other methods offered by the Operator. By opening an account, you confirm that:

  • You understand the risks of both potential winning and losing money;
  • You are over 18 and meet the legal age for gambling in your jurisdiction;
  • You haven’t been excluded from gambling and haven’t had a previous account closed by the Banzai Bet.

Your account must be registered in your own name and personal details. Any duplicate accounts may be closed, and related bonuses, bets, and winnings may be voided.

Personal Information

Banzai Bet is dedicated to safeguarding user privacy and complies with stringent data protection regulations. All account information is securely stored and remains confidential, as specified in the Terms of Use and Privacy Policy of Banzai Bet brand. The company takes their responsibilities seriously regarding the use of personal information collected from you during your interaction with their services. This includes your name, date of birth, contact details, and marketing preferences.
By providing Banzai Bet with your personal information, you consent to its processing for purposes outlined in the Terms of Use, as well as for operational needs, which may involve sharing it with Banzai Bet’s service providers, employees, and agents. Additionally, Banzai Bet may disclose your information to fulfill legal or regulatory obligations.

Username, Password, and Security

After opening your account, take all reasonable steps to avoid disclosing your username, password, and account number to anyone. Ensure your access device has up-to-date security software. The Banzai Bet platform uses SSL encryption to ensure data and transaction security.
All transactions made with the correct username and password will be considered valid, even if you were not the one authorized. Banzai Bet will not be held liable if you disclose your account details to others. If you lose access, forget your account details or suspect unauthorized access, please contact support service immediately at [email protected] for assistance.

Payments and Refunds from Account

To participate in Banzai Bet’s services, you must deposit funds from an account you own. If a payment method not in your name is used, deposits may be invalid, and winnings void until all checks are completed. Withdrawals and refunds are processed within seven days after KYC verification and account approval. Note that, refunds are available only if no gaming activity occurs after the deposit.
Banzai Bet aims to accommodate your preferred payment method and currency for withdrawals but cannot guarantee it. Withdrawals may be processed using different methods or currencies, with conversion rates at Banzai Bet’s discretion. Inactive accounts for six months incur a monthly fee of 4,583 INR, and Banzai Bet may impose deposit and withdrawal limits at its discretion. The withdrawal limits are as follows:

  • 4.58 lakh INR per day;
  • 13.75 lakh INR per week;
  • 45.83 lakh INR per month.

These limits may vary. Payouts are processed in the order of request within 72 hours for amounts up to 91,665 INR and within seven days for larger sums. The withdrawal process is free of commission charges, whereas deposit fees vary based on the user’s chosen payment system. Additionally, Banzai Bet’s affiliate program offers partners a competitive revenue share and CPA payment models, providing a clear view of potential earnings.

Information About the Legality of the Website

In India, gambling is neither entirely prohibited nor fully legalized at the legislative level. Indian residents can access Banzai Bet since it operates under an official license and accepts players from India. However, accessing or using the Banzai Bet online website may be illegal for some individuals in certain countries, including the United States and some other territories.
The availability of the website does not imply legality in any jurisdiction where betting or gaming is prohibited. It is your responsibility to ensure compliance with local laws when using the website. If Banzai Bet determines that you are in a country where using the website is illegal, Banzai Bet may close your account and refund any balance as soon as possible.

Use of Cookies

The Banzai Bet platform may use cookies to enhance functionality and track your internet usage. A cookie is a small text file downloaded onto your device when you access the website, allowing the platform to recognize you upon return. Company uses cookies to maintain your login status as you navigate the site and to enable account activities, such as betting or casino gaming. Additionally, cookies assist in diagnosing technical issues and improving the customer experience.
If you object to cookies or wish to delete those already stored on your device, follow the instructions in your browser settings to manage them. More details on deleting or controlling cookies can be found in the company’s Privacy Policy section. Note that removing or disabling cookies may limit access to certain website features.

Responsible Gambling

Banzai Bet is committed to promoting responsible gaming and offers various resources to assist players. For those wishing to limit their gambling, Banzai Bet provides a self-exclusion policy, allowing you to close your account or restrict betting on Banzai Bet for a minimum of six months. During this period, account reactivation is not possible. After self-exclusion ends, you can resume using Banzai Bet’s services by contacting the support team.
Banzai Bet encourages players to engage in gaming activities responsibly by following these important guidelines:

  • Set limits on the amounts you wager or deposit;
  • Decide on the duration of your sessions beforehand and monitor the time spent;
  • Ensure gambling does not interfere with daily responsibilities;
  • Avoid gambling if recovering from any dependency or under the influence of substances, including some medications;
  • View gambling as recreation, not income, and avoid using it to recover debts.

Keep gambling as a fun activity rather than a money-making venture, and avoid chasing losses. Banzai Bet’s responsible gaming strategy includes detailed statistics and analytics to help track player behavior responsibly. For further support, contact Banzai Bet’s team at [email protected] if gambling becomes a concern.

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