Terms and Conditions

Familiarize yourself with CopyBet's terms and conditions.

Platform Terms

1.1. “Company” refers to CopyBet UK Ltd, located at 3rd Floor, 120 Baker Street, London W1U 6TU, and holds a license from the UK Gambling Commission, with license number 000-053774-N-330744-002.
1.2. A “Client” is an individual who is 18 years of age or older and has registered a CopyBet Profile.
1.3. “CopyBet” is the betting platform operated by the Company, allowing users to engage in copy-betting.
1.4. A “CopyBet Profile” is a Client’s personal virtual space within the platform.
1.5. “CopyBet Sportsbook” is the betting service offered by the platform for sports-related wagers.
1.6. A “Tipster” is a CopyBet Profile owner who shares their bets for Followers to replicate.
1.7. A “Follower” is a CopyBet Profile owner who subscribes to Tipsters and copies their bets.
1.8. “Commission” is the payment a Tipster receives for their activity within the CopyBet platform.
1.9. A “Wallet” is an internal service for handling deposits and withdrawals within a CopyBet Profile and distributing commissions. Each Client is assigned one Wallet.
1.10. “CopyBet Account” refers to the account created for copying bets, which is automatically set up upon Client registration.
1.11. “CopyBet Sportsbook Account” or “Sportsbook Account” is the account used for placing sports bets, automatically created for each Client at registration.
1.12. “Nickname” is a username used to identify the Client on the platform, rather than their real name.

Copybet Sportsbook Terms

1. To deposit into and use the Sportsbook Account, as well as place bets, Clients must verify their Profile by confirming the following details:

  • Date of birth and proof of age (18 years or older, or the applicable legal age in the Client’s country);
  • Full name, residential address, and valid email address.

Clients are responsible for keeping their profile information accurate and up-to-date and must notify the Company of any changes via Customer Support.

Client Obligations

1.1 Clients must:

  • Be a natural person (no legal entities);
  • Not be a professional athlete, coach, or connected to any sports league or event the Company offers betting on;
  • Not place bets on behalf of others or be involved with event participants in any way;
  • Not have restrictions on their legal capacity or act on behalf of others;
  • Not be on any exclusion lists, or have been classified as a compulsive gambler;
  • Not deposit funds originating from illegal activities or use unauthorized payment methods;
  • Not reside in a jurisdiction where betting is prohibited;
  • Ensure that they comply with the laws of their country of residence;
  • Keep their profile details, such as full name, country of residence, and email address, updated.

Client Acknowledgment

1.2 By registering a Profile, the Client agrees to:

  • Accept the Terms of Use and any amendments, as available on the official website;
  • Be governed by the applicable legal provisions and the Company’s policies.

1.3 Betting Terms:

  • “Event Participant” refers to an athlete or team that is the subject of betting;
  • “Single” is a bet on a single event;
  • “Accumulator” is a bet involving multiple events, where all must win to succeed;
  • “System” involves multiple bets across events, requiring a set number of correct predictions to win;
  • “Chain” is a series of single bets linked by outcomes, with each bet contributing to the next;
  • “Handicap” involves adding a point advantage to an event’s result to determine the bet’s outcome;
  • “Total” is a bet on the total number of goals, points, or similar metrics scored in an event;
  • Odds are typically presented in decimal format, but Clients can choose from other formats (Fractional, American, Hong Kong, Malay, or Indo).

The platform calculates bets using decimal odds by default.

Betting Rules

  1. The Company accepts wagers on the outcomes of sports and other events with unpredictable results, facilitated through telecommunication networks.
  2. By downloading the application (via internet or mobile services), creating a CopyBet Sportsbook account, or utilizing an existing account to place bets, engage in games, or claim prizes, a Client agrees to these Terms of Use and commits to complying with all related regulations.
  3. The Company retains the right to refuse the opening of a CopyBet Sportsbook account for any Client.
  4. The Company may suspend or block a profile if its activities violate internal rules. Such actions are based on an internal review, which considers factors like the size, volume, and type of bets.
  5. If any winnings or promotional funds are earned on a Client’s accounts, they will be voided if misconduct is found.
  6. The Company may suspend transactions and/or payments if suspicious activities are detected, such as having multiple accounts, using software to exploit arbitrage opportunities, or other irregularities like unusually high or frequent bets and quick withdrawals following large wagers. In such cases, the Company may initiate a verification process, halting all transactions for up to 14 business days, during which time further investigation may occur.The Company reserves the right to extend the investigation period if deemed necessary.
  7. If there are concerns about the integrity of the placed bets, the Company may contact the Client to request additional details or explanations about the bets, such as the rationale behind choosing a particular event or any other relevant information. Should doubts about the honesty of the bets persist, the Company reserves the right to block the Client’s account, cancel all bets, and allow the withdrawal of the original deposit.
  8. In the event of violations of the Company’s rules, the Company may block the Client’s account, allowing only the withdrawal of the funds initially deposited.

Policy for Using The Company’s Official Website

  1. The Company does not assume responsibility for any losses or damages that a Client may incur due to using the official website or its content. This includes issues such as being unable to access the website, delays in data transmission, communication failures, and any errors or omissions in the website’s content.
  2. Downloading images, videos, or other content from the Company’s official website or sub-sites is permitted solely for personal use. Any publication, distribution, or reproduction of such content for other purposes is strictly prohibited.

Betting Policy

  1. The odds and parameters (such as “Handicap” and “Total” bets) for events listed in the current day’s betting line may change after a bet is placed, but the terms of bets already placed remain unchanged, unless there are clear technical errors in the line.
  2. Only the bet amount confirmed and registered by the Company is considered valid.
  3. A Client is solely responsible for their bets. Once a bet is confirmed by the Company, it cannot be altered or canceled by the Client. The Company is not liable for “lost” or “double” bets made by Clients. Clients should carefully review their bet parameters at every stage.
  4. If a Client loses their password, this will not be grounds for canceling a bet or withdrawal request.
  5. A bet is deemed accepted once confirmed by the Company. All accepted bets are recorded in the “Bet History” section. In some cases, there may be a delay before a bet appears in this section. For any disputes, the time when the bet is registered in the Company’s system is considered the official time of submission. Even if a Client does not receive a confirmation notification, the bet is considered valid if it appears in the “Bet History.”
  6. Communication failures or other technical issues on the Client’s end will not be a reason for canceling a bet if it has been successfully recorded on the Company’s server.

Data Display

  1. The Company is not responsible for the accuracy, completeness, or timeliness of any information provided, including data on “Live” events or mailing services. The Company strives to ensure that all event-related information (such as scores, times, and player/team statistics) is accurate, but it is provided for informational purposes only. The Company is not liable for any errors or delays in this data.
  2. The Company is not responsible for the accuracy of team or player name translations from foreign languages.
  3. In the event of multiple participants with the same surname in a match, if the full name or unique identifier of the athlete is not provided during bet acceptance, all bets on positions involving this athlete will be refunded.
  4. If a match or participant is incorrectly listed in the betting line (other than due to translation errors), all bets on that event will be void, and a refund will be issued. The Company has sole discretion in determining events in different categories.
  5. If a specific detail about a team (such as age group, gender, or team status) is omitted, leading to the wrong team being listed, all bets on the event will be refunded. In cases of incomplete names or grammatical errors in the line, bets will remain valid. If the gender of participants is not stated, it is assumed to be male. If women’s teams are involved, it must be clearly indicated in the line; otherwise, bets will be refunded.
  6. The date and time listed for an event indicate the last time bets can be placed (except for “Live” events). The official start time of the event, as per the organizing body’s documentation and the Company’s records, is used to determine the results of the bets.
  7. If the location of a match is not indicated in the line, the home team is listed first (except for American sports). The additional information about the sport listed in the “cap” is supplementary and errors in this data do not justify bet returns.
  8. For “Live” events, there may be a delay in the acceptance of bets, which varies based on the sport, market, and other factors. The Company sets this delay to ensure fairness and protect clients from subsequent betting activity.
  9. For convenience, clients can select from the following betting options for “Live” events: “Accept all changes in odds,” “Accept only marked-up odds,” or “Do not accept bets if odds change,” determining how the bet will be processed.
  10. If a match starts at the time it was interrupted and this is not reflected in the line, the bets will be refunded.
  11. Incorrectly listed event dates do not qualify for bet cancellations.

Interlocking Events and Outcomes

In “Multiple” and “System” bets, it is prohibited to include events related to the same match that may influence each other. If such interconnected events are included in the bet, these bets will be refunded, even if they were not flagged by the system at the time of placement. The Company has the sole discretion to determine if events are interconnected in the event of a dispute.
For the “Qualify/Not qualify from the group” bet in “Multiple” and “System” formats, you can only place a bet on one team from the same group. If multiple teams from the same group are selected, the bet will be refunded, even if the system did not prevent the bet. The Company reserves the right to determine the acceptance of bets on “Qualify/Not qualify” for “Multiple”, “System”, and “Single” bets.

Obvious and Technical Errors

The Company is not liable for typing, transfer, or calculation errors in the betting process. If obvious errors occur when entering odds or calculating bet amounts (such as incorrectly stated odds, events, etc.), the Company reserves the right to correct them or void the bet, even after the event has concluded. In such cases, the bet will be refunded. Common technical errors include:

  • Odds Input Errors: Incorrect odds displayed due to missing decimal separators or added digits (e.g., 18 instead of 1.8, 23 instead of 2, etc.);
  • Mirror Errors: When the odds for two players or teams are swapped, such as displaying the underdog with better odds than the favorite;
  • Writing Errors: Incorrect order of teams listed in the event, such as displaying “Unicaja-Barcelona” instead of “Barcelona-Unicaja”.

The Company determines whether an error is obvious, based on factors like significant differences in odds compared to other sportsbooks. Any intentional use of incorrect odds to place bets will be canceled, and the Client will be notified of the balance update.
The Company also reserves the right to cancel bets if they result from technical failures or obvious errors. If a bet is placed without sufficient funds in the account due to technical issues, that bet will be considered invalid and refunded.
Clients must notify the Company immediately if they detect any financial errors in their account, and if such errors lead to a negative balance, the Company may cancel the affected bets, regardless of when they were placed.
The Company reserves the right to hold clients accountable for damages if they intentionally exploit a technical or administrative error for financial gain.

Bets on Credit

The Company does not allow credit betting. All bets must be funded with available balance in the Client’s Sportsbook account.

Restrictions on Bets

The Company reserves the right to refuse a bet without providing a reason and may close or temporarily block any account without prior notice. Bet limits, both minimum and maximum, are set by the Company and may change without prior notice. Special restrictions may be imposed on individual accounts.
Placing bets from the same IP address (using the same device or local network) is prohibited and considered collusion. In such cases, the Client must justify their actions to the Company, and any winnings may be canceled. The Company may request identification documents or block accounts for violating this rule.
The Company will only pay winnings within the established maximum limits. If a bet exceeds these limits, the Company is not required to pay the amount beyond the maximum.

Late Bets

Bets placed after the start of an event (except for “Live” bets) are invalid and refunded. For “Multiple” and “System” bets, these bets will be calculated as if the odds were 1. If a bet is placed on an event where the outcome is already known, it will be refunded.
Clients wishing to dispute the start time of an event must provide official documentation confirming the event’s actual start time. If no official information is available, the Company’s records will be considered definitive.

Refund

When a bet is refunded, it is considered won with an odds of 1. For “Single” bets, the client will receive the amount they wagered. In “Multiple” or “System” bets, the refunded bet’s odds will be adjusted to 1, while the odds for the other events remain unchanged.
A bet will be refunded if the total number of goals or other parameters (such as player totals or card totals) equals the value of the total bet without a specific outcome listed.

Fixed Matches

In the event of suspected match-fixing or interference with the match result, the Company reserves the right to suspend payments and cancel the bets related to that event. The Company may also report the incident to relevant authorities for investigation.
If there is sufficient reason to believe a match was fixed (based on betting patterns, odds, etc.), the Company reserves the right to cancel bets and refund the stakes. Decisions from relevant sports federations or regulatory bodies will be considered. Information may be shared with authorities to prevent future occurrences.

Neutral Field

When a match is moved to a neutral field (NF), the bets remain valid. However, if the match is relocated to the opponent’s field, the bets become refundable. If both teams are from the same city and the match is moved to a different venue, bets remain valid and non-refundable. For international events, refunds are issued only if the match is moved to the opponent’s country.

Interrupted Events

An event is considered interrupted if the match does not proceed for the required amount of time specified by the rules, even if the interrupted result is later confirmed as final. Matches are considered ended if they are interrupted for the following durations:

  • Soccer: 90 minutes;
  • Futsal (2 x 20 minutes): 35 minutes;
  • Futsal (2 x 25 minutes): 45 minutes;
  • Basketball (NBA, PBA, CBA): 43 minutes;
  • Hockey (NHL): 55 minutes;
  • Bandy: 60 minutes;
  • Eurohockey: 50 minutes;
  • American football: 55 minutes;
  • Baseball (pre-match 5 innings, live 9 innings);
  • Handball: 50 minutes.

For canceled or interrupted events (unless specific sport rules dictate otherwise), all bets are refunded, except for those where the result is known at the time of the interruption. Bets on relative performance times (e.g., periods, etc.) are automatically refunded.

Events Transfer

If the scheduled start time of an event changes and no other specific rule applies, all bets on that event are refunded. For matches involving “Passing to the next round,” if the game is postponed or relocated, the bets remain valid. If a team’s qualification is later canceled for any reason, the event is disregarded, and payments are made based on the results of matches that were actually played. If the second match is canceled or interrupted, all related bets, including “Passing,” are refunded.
Payouts on “Passing” bets are only valid for bets placed before the first match. If neither match occurs, all related bets will be refunded.

Calculation of Bets

Bet results are calculated based on official reports and alternative sources, including event videos, once the event is completed. The results published on the Company’s website in the “Results” section are considered official. In case of discrepancies or errors from different sources, the Company has the final say in determining the outcome. Claims regarding the accuracy of results should be based only on official sources, such as regulatory body websites for the respective championships. Information from other sources is not valid for recalculating or reviewing bets.
Official Sources:

In exceptional cases, the Company may use video reviews to verify the results. For “Live” events, results are calculated based on immediate knowledge after the event, without considering any post-event changes (e.g., jury decisions). “Live” bets on athletes not participating are void. If statistics based on TV coverage differ from official stats, the Company’s figures prevail.
If multiple participants or teams are declared winners, the winnings are split among them, but the odds will not go below 1. The client’s chosen currency for the account will be used for all operations.

Non-participation in the Event

If a participant in a bet cannot compete in the event for any reason (as long as it doesn’t contradict specific sport rules), the bet is considered valid and lost by the client. Exceptions include:

  • Event or tournament cancellation;
  • Event deemed invalid;
  • Venue change;
  • Event interrupted or postponed.

For “Who is taller” bets with two outcomes, if one participant withdraws before the event, the bet is refunded.

Sports Bets Rules

Sports betting rules take precedence over general terms. For example, for “Odd number/Even number of Total” bets, if the result is “0,” the bet will be counted as “Even number.”
Bets on medal counts are based on the official medal table at the event’s conclusion. Any later changes made by governing bodies are not considered. Medals won by a country team count as one, regardless of the number of participants in that team.
For markets with the outcome “Any other,” this includes all participants not listed separately in the market options.
For bets on events with “Additional markets” (e.g., total goals, wins, corners), only those matches that appear on the daily betting line are considered.

Financial Limitations

The minimum bet is £0.10 per event. The maximum winning odds for “Multiple” and “System” bets are 1,000. If any bet exceeds this limit, it will be calculated with odds of 1,000, and the payout will not exceed the maximum payout for a single bet. The maximum payout across any category is £100,000.
The maximum bet size depends on the sport and specific event, and it is determined by the Company for each event and bet type. These limits can change without notice. The Company may also impose restrictions on individual clients’ accounts, either generally or on specific events.
In cases where a client places a series of identical bets on the same event, the total payout for those bets may be limited to the maximum payout for a single bet.

Risk Disclosure

3.1 A Follower acknowledges that using CopyBet services carries inherent risks. The Follower fully accepts the potential for financial losses resulting from the activities of the Tipster.
3.2 The Follower understands that failure to read or misunderstand the Terms of Use does not absolve them from responsibility or the associated risks.
3.3 The Follower assumes the risk of possible losses or missed profits that could result from the non-fulfillment or partial execution of copied bets. These issues may arise from factors like low market liquidity, insufficient funds in the Follower’s CopyBet account, or other variables.
3.4 A Tipster recognizes that using CopyBet services also involves risks. The Tipster acts independently, at their own cost and risk.
3.5 Both the Follower and Tipster accept the risk of potential losses or lost profits due to rounding discrepancies in exchange rates during wallet transactions.
3.6 Clients are responsible for paying any applicable taxes and submitting tax returns as required in their country of residence.

Copybet Platform Operations

Basic Copy-Betting Principles

4.1 The CopyBet platform automatically detects new bets placed by a Tipster and replicates these bets on the accounts of Followers.
4.2 Bet copying operates on a “first come, first served” basis when multiple Followers are involved.
4.3 When copying a bet, the Follower’s bet parameters (such as price, size, and others) are determined by the CopyBet platform, taking various factors into account:

  • Subscription settings (Copy Ratio, Limit Loss, etc.);
  • Currency of the Tipster’s and Follower’s accounts;
  • The Tipster’s Cash Out options.

Copy-Betting Algorithm

5.1 After subscribing to one or more Tipsters, the Follower can adjust individual settings for each Tipster to dictate how bets should be copied.
5.2 Subscription types are offered as either “Per period” (1, 2, or 4 weeks) or “Per event.”
5.3 Available subscription settings for a Tipster:

  • Subscription type;
  • Subscription price.

5.4 Available subscription settings for a Follower:

  • Copy Ratio (default value: 1);
  • Limit Loss (disabled by default);
  • Automatic renewal (enabled by default).

Copying From CopyBet Sportsbook

6.1 When a Tipster places a bet, the system detects the bet, calculates the parameters, and places corresponding bets on Followers’ accounts.
6.2 Copied bet parameters include:

  • Event and market match the Tipster’s bet;
  • Bet type: Limit;
  • Bet side: Same as Tipster’s bet;
  • Price: Tipster’s price with a maximum 10% reduction;
  • Bet size: Proportional to Tipster’s bet based on Copy Ratio and currency exchange rates.

6.3 If the Tipster performs a Cash Out, the copied bet parameters are adjusted to ensure as much consistency between the Follower’s and Tipster’s bet outcomes as possible. In some cases, the Follower’s bet size may be reduced or not copied at all.
6.4 The system checks market liquidity before placing a bet. If sufficient liquidity exists, the bet will likely be executed immediately. Otherwise, the bet may be partially executed or skipped, and the Follower will receive a notification.
6.5 If the first bet in a market is skipped, the entire market will be skipped. The Follower will receive a notification.
6.6 Multiple, System, and Chain bets cannot be copied from a CopyBet Sportsbook account.
6.7 All odds displayed on CopyBet are in decimal format, regardless of the format used by the Tipster in their Sportsbook account.

Limit Loss

7.1 Followers can set a “Limit Loss” for each subscription based on their CopyBet account currency.
7.2 Limit Loss calculation:

  • The system calculates the “Exposure” for all copied bets in a market;
  • The maximum possible losses or minimum profits are calculated for the market;
  • The system considers the worst-case scenario for open bets (e.g., worst price and size) to ensure the total profit for the market won’t be worse than calculated.

7.3 Limit Loss is triggered if the following condition is met:
(Profit_max – Limit) > (Profit_current + Exposure)
If true, the next bet that might trigger Limit Loss will not be copied.
7.4 The platform displays:

  • Limit Loss: Editable value. If set to zero, it’s ignored;
  • Profit Deviation: Difference between maximum and current profit. This difference can’t exceed the Limit Loss;
  • Reset Profit Deviation: Option to reset the profit reference point.

Possible Errors in the Copying Process

8.1 If a bet cannot be copied, the Follower will receive an explanation of the error in their profile.
8.2 Common errors include:

  • “Subscription suspended due to insufficient funds.”;
  • “Limit Loss exceeded.”;
  • “Market skipped to protect Follower’s interests.”;
  • “Insufficient market liquidity to place a bet.”;
  • “Bet or Cash Out skipped.”;
  • “No Market information available.”.

Promotions

Free Bet

  • Clients who meet the eligibility criteria in Section 9.3 may take part in the “Free Bet 20/60 Offer” for a chance to win a free bet (the “Reward”);
  • Eligibility is limited to new verified clients residing in the UK.

Eligibility Requirements

  • To participate in the Free Bet 20/60 Offer, the following must be met:
    • The first deposit must be made using instant bank payment via Truelayer. Other payment methods do not qualify.

Participating in the Free Bet 20/60 Offer

  • Clients who meet eligibility must opt in by clicking the “OPT IN” button on their profile page;
  • To earn Free Bets (3 x £20), the client must:
    • Log in through the mobile app and place a bet (single or accumulator) with:
      • At least £20 in value;
      • Odds of 1.9 or higher;
      • A new event (not previously bet on);
      • The bet must be settled within 7 days after opting in.

Free Bet 20/60 Offer Reward

  • After settling a qualifying bet, clients will receive 3 Free Bets worth £20 each within 24 hours. There may be a delay if account validation is needed;
  • Free Bets can only be used one at a time and are credited in this order:
    • £20 Free Bet on Racing;
    • £20 Free Bet on Live Football;
    • £20 Free Bet on Live.
  • Each Free Bet is valid for 7 days.

General Terms for Free Bet 20/60 Offer

  • Free Bets cannot be used simultaneously;
  • The Free Bet value is not available for withdrawal and won’t count in returns. Only the winnings from Free Bets are credited;
  • The maximum payout from a Free Bet is £500. Any amount exceeding £500 is forfeited;
  • Cash Out is not allowed for Free Bets;
  • Clients can participate in the Free Bet promotion only once;
  • If a Free Bet is voided but still valid, it will be refunded to the client’s account.

Acca Booster

  • Clients can place a qualifying accumulator bet with 5 or more legs and, if it wins, receive a bonus of 10-20% added to their winnings;
    • 3 legs = 10% bonus;
    • 4 legs = 15% bonus;
    • 5+ legs = 20% bonus.
  • Maximum bonus payout is £1,000;
  • The bonus applies only if no Cash Out was used, and the accumulator bet meets the minimum odds of ½ (1.5).

Weekly Challenge Offer

  • Clients may participate in the Weekly Challenge Offer for a chance to win a free bet, subject to specific eligibility criteria;
  • The challenge runs every Thursday from 11 AM (UK time) and lasts one week;
  • Clients must meet the betting requirements and opt in to claim their reward.

Daily Profit Boost

  • Clients can participate in the Daily Profit Boost Offer to win a reward by signing in daily and earning streaks;
  • For every 5 consecutive days of streaks, a reward is unlocked;
  • Rewards are valid for 7 days and can be applied to single bets up to £100.

Promo Code Terms

  • Promo codes are periodically released and offer specific rewards;
  • They are valid for use within specified events and must be redeemed within the stated period;
  • Promo codes can only be used once per client and may be for new or returning clients;
  • The company reserves the right to change, suspend, or terminate any promo code offer at its discretion.

These offers are subject to change, and terms can be updated at any time.

CopyBet Platform Account Types

CopyBet Account:

  • A CopyBet account is created for each client upon registration;
  • This account is solely for copying bets;
  • CopyBet accounts cannot place bets independently or act as Tipsters;
  • Bets from CopyBet Sportsbook accounts can be copied to CopyBet accounts only.

CopyBet Sportsbook Account

  • A CopyBet Sportsbook account is automatically set up upon registration;
  • Clients can access this account via their profile or at CopyBet Sportsbook;
  • This account can only act as a Tipster, allowing clients to place bets and offer them for copying;
  • Only CopyBet accounts can copy bets from a CopyBet Sportsbook account.

Invite Friends Program

  • Available to eligible clients who meet age and jurisdiction requirements;
  • Clients can invite an unlimited number of friends using a referral link, but rewards are capped at the first three friends who meet the program’s conditions;
  • Conditions for a valid referral include registration through the referral link, placing £50 worth of qualifying bets, and meeting other conditions related to the type of bet placed (e.g., odds of 2.0 or higher, no use of free bets);
  • After referring three friends, no further rewards will be granted;
  • Free bet rewards of £10 are valid for in-play betting only and expire after seven days.

Account Blocking & Suspension

  • Clients can only have one profile. If multiple profiles are suspected, funds may be withheld, transactions voided, and accounts suspended or closed;
  • Using the same or similar details (e.g., IP address, payment methods) with multiple accounts can lead to account suspension;
  • The use of third-party payment details for deposits is prohibited, and violating this rule can lead to cancellation of winnings and account closure.

Account Verification

  • Clients must complete full verification, including document and selfie verification, to deposit funds;
  • The company may deny verification without providing a reason or block accounts based on falsified information;
  • Ongoing verification may be required at any time.

Deposit & Withdrawal of Funds

Deposits

  • Verification is required before making a deposit;
  • Minimum deposit is £20 (or equivalent), with a variety of payment options including UK bank cards;
  • Deposits must come from the client’s own payment account;
  • The company may freeze accounts suspected of using third-party payment methods.

Withdrawals

  • Verification is also required for withdrawals;
  • Withdrawals are processed within two business days, with a minimum of £1 and a daily maximum of £50,000;
  • Withdrawals are made to the payment method used for deposits. If the payment methods differ, the company can deny the withdrawal request;
  • Withdrawals can be blocked or canceled if suspicious activity is detected.

General Terms

  • CopyBet reserves the right to modify or suspend the Invite Friends Program, freeze accounts, and investigate unusual or suspicious activity;
  • All transactions are subject to the company’s monitoring for money laundering and fraud;
  • Clients acknowledge that their account is not a bank account and is not insured like one.

Platform Tools

Top Tipsters: Leaderboard / Champions

21.1 The Top Tipsters page displays two categories: Leaderboard and Champions.
21.2 Only Tipsters who meet the following criteria will appear:

  • Profile successfully verified;
  • Minimum of 5 markets closed.

21.3 The Leaderboard ranks Tipsters based on net profit from Monday 00:01 to Sunday 23:59 each week (UTC+1 in summer and UTC+0 in winter).
21.3.1 Profits from Free Bets are excluded.
21.3.2 The Leaderboard resets every Monday at 00:00 (UTC+1 in summer, UTC+0 in winter).
21.3.3 The prize is credited after reset, and must be claimed within 7 days.
21.3.4 The prize is real funds, which are displayed in the Leaderboard.
21.4 The Champions list ranks Tipsters by their net profit over the last 30 days.
21.5 The Company reserves the right to exclude any Client from these lists without explanation.
21.6 Activities such as maintaining multiple accounts, using arbitrage software, or unusual betting activity are prohibited.

Statistics Reset Service

22.1 Verified Clients can reset their statistics on their Rating page at any time.
22.2 To reset, go to “My accounts,” select the account, and click “Reset statistics.”
22.3 This service is only available for verified Clients.
22.4 Fees apply for resets within 24 hours of the previous one.
22.5 Previous bet history cannot be restored once reset.

Settlement Procedure and Commission (Subscription Payment)

Commission

23.1 Commission is paid to the Tipster who is copied, not the original Tipster.
23.2 Commission is paid weekly.
23.3 Subscriptions are free unless changed by the Tipster. The Tipster can set the subscription cost on the “Followers/Following” page.
23.4 Commission is deducted from the Follower’s CopyBet account.

Commission Payment

24.1 Commission is calculated weekly.
24.2 At week’s end, the reserved commission is paid if at least one bet was copied.
24.3 Commission is released if no bets were copied.
24.4 Subscriptions begin upon receipt of initiation and last for the full week.

Subscription Payments to a Tipster

25.1 Commission is paid at the end of the subscription week.
25.2 Clients can dispute calculations within 72 hours of transfer.
25.3 Specifics of Subscription Renewal:

  • Automatically renews unless changed;
  • If a subscription is paused due to insufficient funds, it must be reactivated manually.

Changing Subscription Conditions by a Tipster

26.1 If a Tipster increases the subscription price, Followers are notified, and the automatic renewal is disabled.

Responsibilities of Parties

Follower Responsibilities

27.1 By participating as a Follower, acceptance of CopyBet’s Terms is mandatory.
27.2 Past profitability does not guarantee future results.
27.3 Followers acknowledge Tipsters may use any system/strategy for bets.
27.4 Followers are responsible for having sufficient funds on their Profile for all bets.

Tipster Responsibilities

28.1 Tipsters must accept CopyBet’s Terms and assume responsibility for their financial activities.
28.2 Ignorance of Terms does not relieve Tipsters from responsibility.
28.3 Followers can open, modify, or close bets placed by the Tipster.
28.4 Tipsters may be excluded from the Rating or have restrictions placed on their account if suspected of violating internal rules.

Company Responsibilities

29.1 The Company is responsible for providing services in accordance with the Terms of Use.
29.2 The Company is not liable for losses related to betting, technical errors, or match availability.
29.3 The Company is not responsible for Clients’ ignorance of regulatory documents.
29.4 The Company is not liable for Tipsters’ skill or suitability, nor for any losses Followers incur.
29.5 The Company is not responsible for any client losses resulting from errors outside its control.

Safer Gambling

Financial Vulnerability Checks

30.1 In compliance with regulations, the Company conducts light touch financial vulnerability checks on all users.
30.2 Users consent to these checks when registering or using the service.
30.3 If financial vulnerability is detected, the Company may take actions like setting deposit limits or suspending accounts.
30.4 A Base Deposit Limit is set based on various factors, including income and gambling history.
30.5 The checks will also assess risk and require Source of Funds documentation if necessary.
30.6 By continuing use of the service, users consent to these checks.

Deposit Limits

31.1 Clients can set limits on their deposits in daily, weekly, or monthly intervals.
31.1.1 The Company can set deposit limits based on responsible gambling guidelines. Clients can only decrease these limits.

Time Out

32.1 Time Out allows a break from gambling, where Clients can withdraw but not place bets.
32.2 Available Time Out periods include 24 hours, 1 week, 1 month, or 6 weeks.

Self-Exclusion

33.1 Self-exclusion helps Clients address problem gambling, blocking access to the platform.
33.2 Available self-exclusion periods are 6 months, 1 year, 3 years, or 5 years.
33.3 Self-exclusion takes up to 48 hours to process.
33.4 Account activation after self-exclusion requires a written request and a 24-hour wait.

Self-Exclusion via GAMSTOP

34.1 The Company participates in GAMSTOP, allowing Clients to self-exclude across multiple platforms.
34.2 Once registered with GAMSTOP, a Client cannot access their account or create a new one with matching details.
34.3 GAMSTOP registration must include accurate information for proper self-exclusion.
34.4 After the exclusion period ends, the Client must contact GAMSTOP to deactivate it.
34.5 Failure to deactivate after the self-exclusion period will extend the lockout for another 7 years.

Dispute Resolution

35.1. If a CopyBet Client has any concerns, complaints, or feedback, they may contact the Company by emailing [email protected].
35.2. When submitting a complaint, the Client should specify which provision of these Terms of Use they believe has been violated.
35.3. The Company will review and resolve the complaint based on these Terms of Use within 7 business days.

Application of CopyBet Terms of Use

  • These Terms of Use become effective once a Client registers a CopyBet Profile and acknowledges their agreement to the Terms;
  • In the event of any inconsistency between these Terms of Use and other platform content, advertisements, or promotional materials, the Terms of Use will take precedence;
  • CopyBet is a unique self-designed platform, and its terms and calculations may differ from similar services in the industry;
  • The Company reserves the right to modify these Terms of Use at any time. Clients will be notified of significant changes through a pop-up message on the website or Copybet app, and/or via email. Continued use of the services after such notice implies acceptance of the updates. If a Client disagrees with the changes, they may withdraw funds from their Profile but will no longer be able to use the services.

Protection of Funds

  • Clients’ funds are held in segregated accounts, ensuring they are kept separate from the Company’s funds for security purposes;
  • In the event of financial issues with the Company, Clients’ funds will remain unaffected, and withdrawals will continue as normal.

Communication With CopyBet Support and Employees

Clients are expected to maintain respectful communication with the Company’s staff, refraining from offensive language, insults, or threats.
Violating this rule may result in:

  • Denial of support and temporary or permanent blocking of communication with Client Support;
  • Termination of account services with a refund.

Privacy Policy

The Company may keep certain information confidential, including:

  • Details about its technologies, algorithms, and internal operations, as well as information about Clients and employees;
  • Any data that could violate privacy policies concerning its stakeholders;
  • Information disclosed only upon request from authorized regulatory bodies.

Profile Closure

  • Clients may close their CopyBet profile at any time by submitting a request to [email protected];
  • Certain data will be retained to comply with anti-money laundering (AML) regulations, which take precedence over data protection laws.

 

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