Lotus365 Terms and Conditions
Welcome to Lotus365 (accessible at https://Lotus365.com). These Terms and Conditions are legally binding between you and Lotus365. When you register or use our online sports exchange or betting on our live casino, you are agreeing to adhere to all the rules that are mentioned below.
Account Eligibility & Registration
Legal Age Requirement: The minimum age to open a sports betting account is 18 (or the legal age of online gambling in your jurisdiction). It is strictly forbidden to gamble underage.
Single Account Policy: This policy allows users to have only one account. The establishment of fake accounts to take advantage of promotions, market manipulations, or circumvent restrictions will lead to instant closure of all related accounts and loss of money.
Profile Data Accuracy: You will provide true, up-to-date, and complete personal information when creating an account.
Mandatory KYC & Security Verification
In order to meet the obligations of anti-money laundering (AML) regulations and ensure integrity of its platforms, Lotus365 implements rigorous verification procedures:
1.We have the right to demand valid government issued ID (Aadhaar, Passport, Driver’s License, or PAN Card), residential address verification and bank ownership verification at any stage.
2.Loss of accounts, delay in withdrawal or account terminations may occur due to refusal or failure to provide requested verification documents within the stipulated timelines.
Wagering Rules & Financial Turnover
Sports Exchange & Casino Wagering Rules
Bet Confirmation
A bet is only validated after acceptance and it is recorded on our server. Lotus365 has the right to void or cancel any bets that it has determined contain some obvious technical mistakes, misinterpreted market odds, or a system malfunction.
Exchange Mechanism
Bets on our peer-to-peer betting exchange are based on market liquidity and matches with other players.
Settlement Policy
Sports bets are resolved based on official results declaration made by recognized sports governing bodies. Administrative modifications or reversals after the match will not affect settled bets.
Deposits, Withdrawals, and Turnover
Third-Party Payment Prohibition
Funds should be deposited, withdrawn, via bank accounts, UPI handles, or wallets under your legal name. Third party payments are not accepted.
1x Wagering Requirement
Deposited funds will have to be bet at least once (1x turnover) before placing a cashout request on our fast withdrawal betting platform.
Processing Withdrawal
Cashouts are made back to the verified payment channels following security verification within 15 minutes to 24 hours.
Terms of Service
Prohibited Practices & Account Suspension
Lotus365 has a zero-tolerance toward dishonest behavior:
1.Automated trading tools, software bots, use of AI programs, exploiting arbitrage, and collusion amongst players are strictly prohibited.
2.Any accounts caught committing fraud will be permanently blocked, and pending payouts will be canceled and may be reported to appropriate authorities.
System Downtime & Amendments
Lotus365 is provided on an “as-is” basis. We do not bear any responsibility in case of such losses due to device latency, server failures, or loss of internet connection during live sports betting. We may revise these terms at any time. Further usage of https://Lotus365.com is acceptance of new terms.
For legal queries, reach out to our 24/7 customer support team via https://Lotus365.com.
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