Terms Of Use
Last Updated: May 7, 2011General
The online gaming venue of FreeMoneyBet.com, is an advertiser supported raffle-themed gaming site that allows players to participate in raffle-style drawings for real money. Because players do not exchange legal tender or otherwise purchase tickets for entry into the drawing, by legal definition our games are considered 'Free Drawings' and not raffles or lotteries [per New York State Racing and Wagering Board]. Furthermore, FreeMoneyBet.com operates within the law and is excluded as being considered "Betting" or "Wagering" as defined by the Unlawful Internet Gambling Enforcement Act of 2006 § 5362(E)(II), as outlined on Legality of FreeMoneyBet.com Games. FreeMoneyBet.com has no mechanism in place to accept payment or financial transactions from players for the purpose of funding their player accounts with legal tender, and does not accept direct payment from players. Player participation in our games is free of charge and at the sole discretion of the player.<. Sponsoring advertisers may require a purchase for participation in some of their advertised offers. Financial participation with third party sponsors is not required but may not yield game credits for a lack of participation.
Player Eligibility
Players are allowed to open a single player account. All players must provide their own internet access and be responsible for the effectiveness of their connection. Players must have legal majority age as applied within their country of residence. The game is void where prohibited by law. The owners, employees, and their immediate families, or persons living in the same household as such employees, of Free Money Bet, and its parent company, subsidiaries, are not eligible to participate or win any prizes.
Player Conduct
The owners of Free Money Bet reserves the right, in its own sole discretion, to disqualify any player or winning player that acts in the following manner: (1) Falsifying or technically abusing the entry process, "spamming" or falsifying in acquiring extra tickets, or any part of the operation of the game and Web Site (2) Being in violation of the official rules (3) Acting with the intent to annoy, abuse, threaten or harass any person employed by Free Money Bet. (4) Committing fraud by creating multiple player accounts, acting in collustion with other players, attempting to cheat, defraud, swindle, scam, steal from other players or FreeMoneyBet.com.
Multiple accounts registered by the same user will result in all associated player accounts being permanently suspended and cash balance and or game credits being forfeited. Violation of player conduct rules is grounds for permanent suspension and forfeiture of all winnings including unpaid cash balance and game credit balance.
Player Account Balances
Player accounts can carry a balance of non-monetary game credits that may only be used in our free drawings. Player accounts also may carry a non-monetary cash balance that is representative of the cumulative value of the drawing prizes that have been won and currently have not been redeemed to the player. Cash balances are representative of the potential money that winners are scheduled to receive upon redemption. In no way should the cash balance value be considered as monetary value except when the payment for such balance has occurred. Game credits may be transferred to other players at the sole risk and discretion of the player. Unpaid cash prizes may be converted to game credits at any time before redemption at the sole discretion of the player.
Game Credits
FreeMoneyBet.com does not have any mechanism or method in place to accept direct payment from players for the purchase of tickets. Tickets may be purchased using our site proprietory non-monetary game credits. Game credits have no monetary value and are earned exclusively by viewing or participating in the advertisements and commercial offers presented by our sponsoring advertisers. Game credits may be exchanged between players at the players own risk and discretion. Winnings may also be converted to game credits. Game credits can not be converted to cash, as they have no monetary value.
Cash Prizes
Cash prizes are made available to drawing winners by special arrangement from our sponsoring advertisers. Cash prizes after winning may be converted to game credits from within the player account. Cash prizes are paid out monthly on a Net 30*basis, that is 30 days after the previous month in which the win occurred has passed. Prizes may be paid out up to 60 days after the win occurred in some instances. This is dependent on the date of win. Payments may be delayed due to holidays or delays in payments to FreeMoneyBet.com from our advertising sponsors. Prizes listed on this site are representative of the potential money that you are scheduled to receive upon pay out. In no way should the prize value be considered to monetary value except when the payment for such prize has occurred. Prize redemption are performed in individual transactions per individual drawing prize.
Redemption
Cash prizes are paid out monthly on a *Net 30 basis, that is 30 days after the previous month in which the win occurred has passed. Prizes may be paid out up to 60 days after the win occurred in some instances. This is dependent on the date of win. Payments may be delayed due to holidays or delays in payments to FreeMoneyBet.com from our advertising sponsors Prize payouts are performed individually for the purpose of FreeMoneyBet.com recordkeeping. Prizes will be paid out by electronic payment utilizing the online payment processor PayPal™. It is the responsibility of the player to ensure that a valid PayPal email address is listed on their FreeMoneyBet.com account to ensure payment. Payments will be sent as United States Dollars (USD). Depending on your location and local currency the monetary amount you receive via PayPal may be lower or higher than the amount listed in your player account due to currency conversion rates enacted by the payment processor. Players receiving payment are responsible for paying any fees associated with currency conversion and the receiving of funds. Players that are not eligible to receive payments by PayPal may convert their cash prizes to game credits at any time.
Limitations and Liability of FreeMoneyBet.com
The owners of FreeMoneyBet.com are not responsible for any incorrect or inaccurate information, whether caused by web site users or by any of the equipment or programming associated with or utilized in this contest. They are also not legally or financially responsible for any technical or human error that may occur in the course of playing or in the administration of these games. FreeMoneyBet.com and its employees assume no responsibility for any error, omission, interruption, deletion, defect, delay in operation or transmission, communications line failure, theft or destruction or unauthorized access to or alteration of data. FreeMoneyBet.com and its employees are not responsible for any problems or technical malfunction of any telephone network lines, computer online systems, servers or providers, computer equipment, software, failure of email, or players on account of technical problems with traffic congestion on the Internet, including injury or damage to participants, or to any other person's computer, related to or resulting from participating or receiving materials in this contest. If, for any reason, the drawing is not capable of operating as planned, including infection by computer viruses, bugs, tampering, unauthorized intervention, fraud, technical failures, or any other causes beyond the control of playing the game, FreeMoneyBet.com does not assume any responsibility in this respect . Nor is it responsible for any corruption and anything that affects the administration, security, fairness, integrity or proper conduct of the games on FreeMoneyBet.com. It also reserves the right, at its sole discretion and at any time to cancel, terminate, modify or suspend the games if players are acting in a disruptive manner, or with intent to annoy, abuse, threaten or harass FreeMoneyBet.com any other person. By using FreeMoneyBet.com, you agree to hold FreeMoneyBet.com operators, owners, administrators, employees, parent company, subsidiaries, and affiliates harmless and without any liability for any losses, damages, or inconvenience suffered from usage of this website and game participation. Because players do not make monetary contributions to this game, players can not be financially harmed by the operators of FreeMoneyBet.com. This is a game of chance without the risk of loss, and by eliminating the risk of loss, FreeMoneyBet.com is not liable to any monetary or financial claim, damages, or other harm suffered by any player. Players use FreeMoneyBet.com for entertainment purposes only and at the players own risk and accept all liability for their use of this site. Player agrees to release FreeMoneyBet.com from all liability.
Player Information
Except as required by law, the owners of FreeMoneyBet.com will not share winning information with any third parties without the permission of such winners. Acceptance by a player of any prize constitutes permission, where permitted by law, to use the winner's name, photograph or video, recorded telephone calls and/or likeness without compensation. Statements made by winners may be used as promotional material in connection with FreeMoneyBet.com without any further financial or other forms of compensation.
Agreement to be Bound
By participating and playing on FreeMoneyBet.com any player, member, visitor, drawing winner agrees to abide by all the rules as stipulated: (1) To be bound by all of these rules and the decisions of the owners. (2) Players or their legal representative, successors, heirs and assigns, release FreeMoneyBet.com successors, subsidiaries and assigns from any and all liability associated with the use of this FreeMoneyBet.com. In the event civil, criminal, claims, counterclaims, lawsuits, and any other legal proceeding or challenge that must be addressed by a court of law, the player, member, visitor, drawing winner agrees that all legal proceedings will take place with the Monroe County Courts of Law, Located in Rochester, New York, United States.
Important
Any attempt by a player and/or any other individual to deliberately damage the website and/or undermine the legitimate operation of the game is a violation of criminal and civil laws and should such an attempt be made, FreeMoneyBet.com reserves the right to seek full damages from any such individual or organization as permitted by the law of the country in which the offence originates. Such legal proceedings and claim for damages will take place within the Monroe County Courts of Law, Located in Rochester, New York, United States.
* Net 30 - Example: A win on March 1st will be paid out on a Net 30 basis on April 30th, which is still Net 30 but much closer to 60 days.