General Terms and Conditions

 

Terms and Conditions

1. General rules for using the Website and provided services

1.1. The terms and conditions presented in these “General Terms and Conditions” are considered to be the terms of the relationship (contract(s)) between the Organizer and the Participant, however in the case of contradictions between the information presented therein and the provisions of the regulation on the organization and conduct of the “International Bookmaker – Stakehive” totalizator (hereinafter referred to as the Regulation) agreed with the Ministry of Finance of the Republic of Armenia, the provisions of the Regulation shall prevail. And the rules of the totalizator exercised on stakehive.stg-digi.com are derived from the provisions of the Regulation, and in the case of issues not regulated by the Regulation – from the provisions defined in the “General Terms and Conditions”.

 

1.2. The essence of the “International Bookmaker – Stakehive” totalizator is the acceptance of bets from game Participants in the prediction of a possible game, sports and possible option of socially significant situation (hereinafter referred to as the outcome), with the winning condition being due to a partial or full coincidence of prediction. That is, by registering on stakehive.stg-digi.com via the website, mobile version of the site or applications, you get the opportunity to make bets using the “International Bookmaker - Stakehive” totalizator based on the game account opened and, predicting the correct variants of gaming, sporting, socially significant situations, receive winnings.

 

1.3. “International Bookmaker – Stakehive” totalizator organizes "DIGITAIN" LLC (hereinafter referred to as the Organizer) based on the license ՎԽ-025 of the Lottery Organization issued on 01.11.2017 by the Ministry of Finance of the Republic of Armenia.

 

1.4. Legal address and location of the Organizer is 15/3 Admiral Isakov avenue, adm. district Kentron, Yerevan, 0082, RA. Place of implementation of “International bookmaker – Stakehive” totalizator is 15/3 Admiral Isakov avenue, adm. district Kentron, Yerevan, 0082, RA.

 

1.5. Only persons who have reached the age of 21 have the right to place bets.

 

1.6. The Organizer reserves the right to make any changes or additions to the website without the prior written warning. Participants are notified via relevant notifications. The bets placed beforehand remain unchanged and accepted bets are governed by the rules published at the time of acceptance.

 

1.7. The Organizer has the right to deprive any person of its services without disclosing the reasons(s).

 

1.8. The Organizer does not bear any responsibility for any loss or damage which the party suffered claims is the result of using the website or its content. This condition applies to the use or exploitation of this website by anyone, the impossibility of accessing or using the website, delaying the transfer of functions or data, interrupting communications, any errors or omissions in the website.

 

1.9. Uploading photos or videos from the website or any of its subdivisions is permitted only for personal use. For any other purpose, publishing, broadcasting, or copying this information is strictly prohibited.

 

1.10. The Organizer controls the traffic of the website and reserves the right to block access to the automatic bets if there are any doubts (bots).

 

1.11. When downloading the program each time regardless of the applicable type of action (internet or mobile services), when opening (registering) an account or using an existing account, making a bet or participating in any game, receiving any winning, the Participant confirms that he/she agrees with the currently valid version The Regulations and the obligation to act in accordance with these Regulations.

 

1.12. The Participant is obliged to send a letter from the e-mail address attached to his/her game account to the Organizer’s e-mail address ([email protected]) to inform the Organizer of the fact that he/she is a person with political influence or is affiliated with a person with political influence.

 

A person with political influence is a person of state, political or public nature, as well as a person who has performed or is performing significant functions in an international organization (including a member of his/her family or a person closely related to him/her). Moreover, the circle of persons with political influence does not include persons performing middle and lower class functions.

 

Persons with political influence are in particular:

 

a) heads of state, heads of government, ministers and deputy ministers;

 

b) members of parliament;

 

c) judges, members of the Supreme Court, Constitutional Court or other higher courts whose decisions are not subject to appeal, except for cases of appeal due to special circumstances;

 

d) chairman of the Central Bank, his deputies and members of the Council;

 

e) ambassadors, charge d’affaires and high-ranking officers of the armed forces;

 

f) political party officials;

 

g) members of the administrative, management or supervisory authorities of a state-owned organization;

 

h) heads of local authorities;

 

i) heads of an international organization, deputy heads, members of the Council or members of authorities performing other similar management or supervisory functions.

 

 

 

2. General procedure for registration on the Organizer's website and placing bets via the website

 

 

 

2.1. The bets via Internet are accepted as follows: first of all, the Participant should register on the Organizer’s website, which contains information about the program, rules of the lottery (these Regulation), Participant’s registration on the website, game account, receiving the winnings, entrance to the website, and other information. During registration on the website the Participant should provide accurate personal information (name, surname, address, nationality, age or date of birth, passport number, as the winnings or money from the account is only paid to a real person in accordance with the procedure established by RA legislation), username (login), password, as well as any other information placed on the website the Organizer requires. Upon registering, in case of entering any fictitious or incomplete information, the Participant loses the opportunity to revise the disputed issues. After registration on the website a personal game account is opened for the Participant. One individual can have only one game account. The registration on the website cannot occur if there is already a registered account with the same login. In case Organizer has strong arguments, that the Participant’s account has been used by a third party for the purpose of making bets and/or confirmation of the re-registration (including a new name, new e-mail, etc.), the Organizer reserves the right to invalidate the bets made from such an account, and cancel the payment of the winnings.

 

2.2. In order to place a bet on any event the Participant should submit an order indicating the event on which he/she places a bet, as well as the outcome of the event, form, type and amount of the bet. The maximum bet amount made per ticket is 500,000 (five hundred thousand) AMD or equivalent in other currency.

 

2.3. The bet placed via Internet is considered accepted if it has been added in “Bet History” section of the Participant’s game account. The content of the website, its form and procedure of using, and the sequence of steps are determined and changed by the Organizer. The website address or its changes are announced via the way of information dissemination which is more preferable for the Organizer.

 

2.4. In case of communication failure or other technical issues the bet is not calculated with odds 1 (one), if it has already been recorded on the server of the Organizer’s computer.

 

2.5. The Participant carries personal responsibility for confidentiality of his/her game account, login and password. The company guarantees non-disclosure of the Participant’s personal data by its staff and is not responsible for the consequences of the Participant’s personal data being known by other persons. In case the Participant becomes aware of the loss of his/her personal data or when he/she has certain doubts about it, he/she should notify the company without haste and change his/her password. In case of forgetting or losing the password and login the bets are not repealed.

 

2.6. The Participant can change password in “Change Password” section of his/her game account.

 

 

 

3. The general procedure for replenishing the game account

 

 

 

3.1. The game account registered on the Organizer's website can be replenished in accordance with the procedure established by RA legislation.

 

3.2. The Participant can familiarize himself with the specific methods and details of the game account replenishment on the Organizer's website.

 

3.3. The amount transferred to the Participant’s game account can only be used for betting or withdrawn from the account by the Participant in accordance with the rules indicated in this Regulation.

 

3.4. The Participant can withdraw money from his/her game account in the ways defined and allowed by RA legislation.

 

3.5. Any transaction conducted with the Organizer via payment cards and/or payment systems and/or bank transfer is considered to be conducted by the Participant.

 

3.6. The Organizer can determine the minimum balance of the game account, and the procedure and rules of its application will be indicated on the website.

 

 

 

4. Place, deadline and procedure of paying bet winnings made through website

 

 

 

4.1. After the announcement of the result of the event on the website the bet winnings are added to the Participant’s game account within one day from the date of the event which is considered a winning payment. To get the money (including winnings) from his/her game account, the Participant must submit a request of withdrawal.

 

4.2. Fixed event – an event, the final result or the outcome of which was initially agreed. The event is considered initially fixed, if according to the written note provided by the organizations Federbet AISBL (http://federbet.com) and/or SportIntegrityTeam S.r.l. (https://www.sportintegrityteam.com) based on the Organizer’s written request, it becomes clear that the event is initially fixed, or is suspected to be initially fixed.

 

4.3. After submitting the payment order to the Organizer (the form and procedure of the order submission is defined by the Organizer and is posted on the Organizer’s website) the Participant can receive the ordered amount in non-cash within 3 business days.

 

4.4. The costs associated with transferring the amount from the game account to the bank card or bank account specified by the Participant may be made at the expense of the Participant (the Organizer decides to make the expense at the Participant’s account taking into account the Participant’s gambling history, for example, if the Organizer estimates that the Participant does not display proper gambling behavior).

 

4.5. Amounts withdrawn from the game account are paid in accordance with the RA legislation.

 

4.6. The Participant can order money only within the balance of his/her game account.

 

4.7. In case that the Participant’s account balance is negative as a result of a recalculation of the event outcomes which may result from bugs or technical errors (for example, the balance of the game account is 5,000 AMD, the Participant’s winning is actually 2,500 AMD, but the win of 25,000 AMD was registered on the game account and the Participant was paid 25,000 AMD, as a result of which the negative balance is 17,500 AMD), then in case of replenishment of the game account by the Participant, first the negative balance of the game account will be replenished (repaid) in full, after which only the game account will be replenished.

 

4.8. Winnings are rounded within one dram.

 

4.9. All objections concerning the calculation of winnings are accepted within a five-day period after the announcement of the outcomes of the event in the form of a written application.

 

 

 

5. Bets are accepted as follows:

 

 

 

5.1. Single – this type of bet is made on a separate outcome of an event and it is necessary to predict the outcome of the event. Single bets are accepted on any event specified in the program. The winning amount of a single bet is equal to the product of the bet amount and the odds of the given outcome.

 

Single bets may not be accepted on certain events at the Organizer’s discretion. In such cases, a notification is made in the program by the Organizer.

 

The minimum stake for betting in the betshops is set 1000 (thousand) AMD, and the maximum stake is 500.000 (five hundred thousand) AMD.

 

The minimum stake for betting via the internet site is 10 (ten) AMD or its equivalent in other currency, and the maximum stake is 500.000 (five hundred thousand) AMD or an equivalent currency.

 

5.2. Multi – in this type, you need to predict the outcomes of more than one independent event (the possible maximum number of events in Multi bet is 30, and the maximum odds for the multi bet shouldn’t exceed 10000 (ten thousand). If in fact, the odds exceed 10000 (ten thousand), then the winning odds of the bet is considered to be 10000 (ten thousand)).

 

If at least one outcome of an event in Multi bet has been predicted wrong, the multi bet is considered lost. To win or not to lose, it is necessary to predict correctly the outcomes of all the events included in the Multi bet. Any combination of any independent events can be included in the Multi bet if nothing else is intended by the rules of the games organized by the Regulations. Dependent events cannot be included in the Multi bet. The same event cannot be included in the Multi bet more than once.

 

In case of dependent outcomes, not dependent outcomes of the same event and repetition of the same outcome of the event in a Multi bet because of technical, system or any other issues, the calculation is performed according to the below-mentioned logic.

 

If the same outcome of the same event is included in the Multi bet more than once, then the outcome with the highest odds is taken as a basis for calculation, the rest is calculated with the odds “1” (one).

 

If there are different dependant outcomes of the same event in the Multi bet, then the outcome with a higher probability to win (with lower odds) is taken as a basis for calculation.

 

If there are different outcomes of the same event in the Multi bet that are not dependent, then all the outcomes are subject to calculation with the odds “1” (one).

 

The odds of a Multi bet is equal to the product of the odds of all the events included. The winning amount of a Multi bet is equal to the product of the bet amount and the odds of the Multi bet.

 

Multi bets may not be accepted on certain events at the Organizer’s discretion, also the Participant may be provided with an additional opportunity not to lose a Multi bet (e.g. as a promotion the bet may be considered as won if the Multi bet is lost because of only one of the outcomes of the events included in it and the made bet meets the conditions of the promotion announced by the Organizer beforehand). In such cases, there is a notification in the program made by the Organizer.

 

The minimum stake for betting in the betshops is set 300 (three hundred) AMD, and the maximum stake is 500.000 (five hundred thousand) AMD.

 

The minimum stake for betting via the internet site is 10 (ten) AMD or its equivalent in other currency, and the maximum stake is 500.000 (five hundred thousand) AMD or an equivalent currency.

 

5.3. System – In this type, the bet is made on a full combination of a certain number of one-dimensional Multi bets (variants of the system) previously selected from the group of events and differing from each other by at least one event (the maximum number of events in the system is 16).

 

In the System each combination (variant) is calculated as a separate Multi bet. To make a System bet you need to specify the total number of outcomes of the events for the System bet and the number of outcomes of the events for one Multi bet (variant).

 

The winning amount of a System is equal to the sum of winnings of all Multi bets (variants) included in the System. The bet amount of each Multi bet (variant) included in the System is determined by dividing the total bet amount by the number of all possible Multi bets (variants). E.g. if 6000 AMD is made on the above-mentioned System bet, then for each Multi bet (variant) the bet amount will be 2000 AMD (6000/3).

 

There is a system calculator on the Organizer’s website using which the Participant, depending on the number of outcomes of the selected events, in advance can get acquainted with the number of the System variants.

 

 

 

The number and the ratio of the variants included in the System are determined by the Organizer and at any time are subject to change at the Organizer’s discretion. The list of the number and the ratio of the variants included in the System is published attached to the program or separately.

 

The minimum stake for the entire System for betting in the betshops is set 1000 (one thousand) AMD, and the maximum stake is 500.000 (five hundred thousand) AMD. Depending on the number of the System variants the minimum betting amount for Multi bets (variants) of the System is at least 10 (ten) AMD.

 

The minimum stake for betting via the internet site is 30 (thirty) AMD or equivalent in other currency, and the maximum stake is 500.000 (five hundred thousand) AMD or an equivalent currency. Depending on the number of the System variants the minimum betting amount for Multi bets (variants) of the System is at least 10 (ten) AMD.

 

In all the bet types the maximum winning sum for one ticket is 5.000.000 (five million) AMD, regardless of the number of the outcomes of the events included in the ticket, and for the bets made via the internet site, it is 5.000.000 (five million) AMD or an equivalent currency.

 

The maximum win amount for one ticket in the game “Sportloto 5 out of 36” is 25.000.000 (twenty-five million) AMD, and the maximum win amount for one ticket of the games “Sportloto 7 out of 42” and “Sportloto Jackpot 7 out of 42” is 50.000.000 (fifty million) AMD.

 

 

 

6. Promotions and bonuses

 

 

 

6.1. The Organizer provides bonuses and opportunity to participate in current promotions to those Participants who use the Organizer’s services for enjoyment. Free bets, bonuses and access to promotions will be annulled or canceled for those participants who abuses the spirit of such an offer. The Organizer reserves the right to annul a bonus at any time in case of abuse and close the abuser’s account immediately. “Abuse” includes but is not limited to opening several accounts in order to obtain several bonuses. Participants can withdraw money from their game accounts containing bonus money, first of all, from the amount deposits made, and then only from the bonus money of the game account. The Organizer reserves the right to annul the bonus given to the Participant if the bonus was not used for betting. The Organizer also has a right to cancel bonuses and winnings from betting in the full or partial amount of the bonus sum, if the Organizer suspects the bonus has been abused.

 

6.2. The Participant can receive or use only those offers that are available to him/her. The Organizer reserves the right to at any time and for any reason change the conditions of bonus distribution and the group of Participants for whom bonuses are available. The Organizer also has a right by its sole discretion and at any time to offer a special bonus to a Participant client or group of Participants, to cancel bonus offer without any warning or compensation, to change the conditions of the bonus offer and/or to replace one bonus offer with another.

 

6.3. Within such promotions (including but not limited to “Cash Back”, “Welcome Deposit Bonus”, “Refer a friend” and “Free bets”) only 1 bonus is available for every email address, credit card and e-payment account.

 

 

 

7. Bonus for Multi Bets with certain number of bets and certain odds

 

 

 

7.1. In order to increase the possible winning of the Participant, the Organizer reserves the right to determine an additional multiplier for those multi bets that meet certain requirements. Such requirements can include some special bets, a certain minimal number of events in the Multi, the minimum odds of the events, as well as combinations of these conditions and/ or other conditions. In case of the requirements are met, Participant's winning is multiplied by the additional multiplier. In some cases the Organizer may define multi bet with certain fixed events, set the minimum amount of the stake and define the odds.

 

Example 1. For a Multi containing at least 10 events the Organizer has set an additional multiplier equal to 1.1, and for Multi containing at least 4 events with odds equal to at least 1.7 the Organizer has set an additional multiplier equal to 1.2.

 

Option 1․ The Participant has selected multi bet containing 10 events with total odds of 20. In the event this multi wins, the winning will be multiplied by 1.1, which is the multiplier (for example, if the bet was 1,000 AMD, then the final winning will be 1,000 x 20 x 1.1 = 22,000 AMD).

 

Option 2․ The Participant has selected multi containing 5 events each with odds of 2. The odds of multi is equal to 2 x 2 x 2 x 2 x 2 = 32. In the event this multi wins the winning will be multiplied by 1.2, which is the multiplier (for example, if the bet was 1,000 AMD, then the final winning will be 1,000 x 32 x 1.2 = 38,400 AMD).

 

Option 3․ The Participant has chosen multi bet containing 10 events with odds of 2 for each event, the total odds is equal to 2 x 2 x 2 x 2 x 2 x 2 x 2 x 2 x 2 x 2 = 1024. This multi meets the conditions of both first and second Multi. In the event this multi wins the final winning will be multiplied by 1.2, which is the multiplier (for example, if the bet was 1,000 AMD, then the final winning will be 1,000 x 1024 x 1.2 = 1,228,800 AMD.

 

Example 2․ The Organizer has defined a multi containing 15 certain events and set the amount of the stake to be 1,000 AMD. In case of correct prediction for 15 events out of 15 the total odds for the Multi will be 1000, in case of correct prediction for 14 out of 15 events the total odds will be 600, in case of correct prediction for 13 out of 15 events the total odds will be 300. In case of incorrect prediction for 3 and more events, the multi bet will be lost.

 

In case of correct prediction for 15 events the Participant will receive 1,000 x 1000 = 1,000,000 AMD, by predicting 14 events 1,000 x 600 = 600,000 AMD and by predicting 13 events - 1,000 x 300 = 300,000 AMD.

 

 

 

8. “Top Multi” bonus

 

 

 

8.1. By the Organizer’s discretion additional odds can be provided for the multi bet constructed from a certain combination of the outcomes of randomly chosen number of events. Such multi is called “Top Multi”. Thus, if we take into account the additional multiplied odds (which is defined by the Organizer) the final odds of this multi will be higher than the sum of multiplied odds of the events of the multi. The events offered for “Top Multi” by the Organizer can be chosen either from current or yet to be completed events. Several “Top Multis” can be available simultaneously. The number of outcomes of events in a “Top Multi” is defined by the Organizer, and the changes made by the Participant result in losing the multiplied odds. The Organizer sets the time period during which “Top Multi” is available, such multi can be added on the website and into the Organizer system or deleted from the website and the system without previous notice. The Organizer can also define the minimal bet amount for “Top Multi”.

 

For example, the Organizer declared the following outcomes of events to be “top Multi”:

 

 

 

Event     Event outcome  Winning odds

Inter M - Ajax     W 1        1.5

Bayer L - Mainz  X             3

Sharapova M – Ivanovich A          W 2        2.5

 

 

The additional multiplied odds for the Top Multi is 1.2, and the stake is 1,000 AMD.

 

In case the results of the three indicated events are correctly predicted by the Participant, his/her win will be 1,000 x 1.5 x 3 x 2.5 x 1.2 = 13,500 AMD, where 1,000 AMD is the Participant’s bet amount, 1.5, 3 and 2.5 are the odds of the according outcomes of the events, and 1.2 is the additional multiplied odds of the multi. As you can see in the equation, Participant’s bet is multiplied by the according odds of all events and by the additional multiplied odds of the “Top Multi”.

 

 

 

9. Bonus odds for re-betting the win

 

 

 

9.1. In case of a winning bet the Participant has a right to place another bet with the winning sum or its part without withdrawing money. In this case the Organizer has a right to define the additional multiplied odds that is only available for the winning bets. The Organizer can limit the number of such bets without additional multiplied odds, as well as change the group of such bets without previous notice. The Organizer defines the additional multiplied odds which can be different for different bets and sports. The Organizer can change the additional multiplied odds without previous notice.

 

For example, the Participant placed a bet and won 1,000 AMD. At the moment of placing a new bet the Organizer defined the additional multiplied odds for “Single” and “Multi” bets to be 1.1 and 1.2 accordingly.

 

Option 1. The Participant has not withdrawn the winning amount and decides to place a new bet which is a single bet with odds 2.0. In case this new bet wins the total winning sum of the Participant will be 1,000 x 2.0 x 1.1 = 2,200 AMD.

 

Option 2. The Participant has not withdrawn the winning amount and decides to place a new bet which is a multi-bet with odds 4.0. In case this new bet wins the total winning sum of the Participant will be 1,000 x 4.0 x 1.2 = 5,000 AMD.

 

 

 

10. Refer-a-Friend promotion

 

 

 

10.1. Refer-a-Friend promotion is available if it is offered on the website, or on one or more language versions on the website. In case the promotion is made available, entry to the promotion is made via the promotion page which is clearly displayed on the website.

 

10.2. The bonus is applicable to existing participants who have an Account (“Referrer”) and who refer a friend or colleague who does not and has never had an Account (“Referee”) to register on the website. Referrers are not permitted to refer a member of their family nor are they permitted to refer friends or colleagues from the same household or with whom they share a credit or debit card or e-payment account. In case the company reasonably suspects that a Referrer has used spam, large email distribution lists or any other type of email abuse in order to refer new participants, the company will not award a bonus to the Referrer. The company reserves the right to impose a limit on the number of invitations which a Participant may send to referees per day. When this limit is imposed, it is announced on the Refer-a-Friend page.

 

10.3. The company reserves the right to withhold the bonus from the Referrer and to discount bets made by one or more Referees if the company suspects that the Referrer/ Referee(s) has abused the spirit of the bonus offer including but not limited to instances where Referees have identical or very similar deposit and betting patterns. The company further reserves the right to block the Referrer and any associated Referees, from being able to participate in the Refer-a-Friend Promotion, to suspend the Account of the Referrer and any associated Referees pending investigation into bonus abuse and/ or fraud, and to terminate those Account(s).

 

10.4. In order for the Referrer and Referee to receive a bonus the Referee, having opened an Account, must deposit a relevant amount in his Account as stated in the specific terms and conditions of the promotion, which are located on the promotion landing page on the Site, then the Referee must wager a relevant amount on specific number of sport events. In this case, minimal odds can be defined. Detailed information about the promotion will be placed on the promotions page of the Organizer’s website.

 

For example, in order for the Referrer to receive a bonus the Referee, having opened an Account, must deposit at least 5,000 AMD, place 10 separate bets on at least three possible outcomes with the minimum odds of 1.50. Each of the 10 bets must be placed on different markets (i.e. different bet types on one fixture or one bet type on different fixtures). The total amount of bets required shall be not less than double of the amount deposited.

 

10.5. If the Referee loses his/her first bet, at the Organizers’ sole discretion a certain amount will be refunded to his Account (this will be noted on the promotions page of the Organizer’s website). Bonus will be credited to the Referrer’s Account within the hours determined by the Organizer after the Referrer has wagered the required amount. In order to withdraw the bonus the Referrer must have been bet the bonus amount at least three times on sports events with at least three possible outcomes, the odds for which must be at least 1.50. If the bonus amount is placed on more than one bet, each bet must be placed on different markets (i.e. different bet types on one fixture or one bet type on different fixtures).

 

10.6. The Referee bonuses include but are not limited to Welcome Cash Back Bonus, Welcome Deposit Bonus, or other bonuses at Organizer’s sole discretion.

 

10.7. If the First Time Registrant meets several bonus requirements at the same time, the Organizer is entitled to determine at his sole discretion which of that bonuses (or bonus combinations) are available for the relevant customer. In particular, the Referrer who registered during the Welcome Deposit Bonus and Welcome Cash Back Bonus campaign will benefit only from one bonus promotions at the Organizer's discretion.

 

10.8. Other conditions can be applied to “Refer a friend” campaign. The Organizer can determine a Refer-a-friend Monthly Challenge. The winner of the Monthly Challenge is the Referrer who refers the most valid Referees to the company within the month. Any such conditions can be found one the “Terms and conditions of promotions” section of the Organizer’s website.

 

 

 

 11. Partial Cash Back Bonus

 

 

 

11.1. Partial Cash Back Bonus promotion is available if it is offered on the Site. It can be offered or on one or more language versions of the Site. In case the promotion is made available, it is clearly displayed on the Site.

 

11.2. Organizer can offer the Participants the Partial Cash Back bonus for one or several lost bets, or for a sum lost within a certain period of time. The certain conditions for this promotion are determined by the Organizer. For example, the promotion can be offered to the Participants who make the defined minimal deposit on their game account, or to the Participants whose lost amount is over the minimal set by the Organizer, etc. The Organizer can also define additional conditions for the promotions, e.g. the correlation of partial cash back sum and the sum lost within the defined period of time, maximal cash out sum, types of bet for which the win is subject to partial cash back, etc.

 

Example 1. The Organizer has determined 100% refund promotion to the lost bets within a week on football and tennis markets for participants who made an initial deposit of no less than 10,000 AMD. The maximum of refund amount has been set 50,000 AMD. The Participant has deposited 150,000 AMD, 110,000 AMD of which he lost betting on tennis and football. In this case he will be refunded 50,000 AMD.

 

Example 2. The Organizer can set the following promotion conditions:

 

- If in the result of total score of all bets within one month the Participant loses from 150,000 to 250,000 AMD, he is refunded 5% of the total lost.

 

- If in the result of total score of all bets within one month the Participant loses from 251,000 AMD to 400,000 AMD, he is refunded 7% of the total lost.

 

- If in the result of total score of all bets within one month the Participant loses more than 400,000 AMD, he is refunded 10% of the total lost.

 

11.3. The bonus is available only when the Participant made no withdrawal from his game account within relevant month. Any calendar day of the month on which the Participant makes his first bet may be defined as the beginning of the month, up to the same day next month. Organizer on its sole discretion is entitled to change at any time correlation between the lost amount and bonus amount. When the promotion is available, it is clearly shown on the relevant page of the Organizer’s site.

 

11.4. To withdraw the bonus, the Organizer has the right to determine additional conditions. For example, the bonus amount received must have been bet three times, on one or more bets with a minimum of 1.50 odds. Each bet must be placed on an event with three or more potential outcomes. If the bonus amount is placed on more than one bet, each bet must be placed on different markets (i.e. different bet types on one fixture or one bet type on different fixtures).

 

11.5. If the conditions of withdrawal were not followed, or if the Organizer has concernd that bonus was abuse, then when the Participant makes a withdrawal request the Organizer reserves a right to annul the bonus and the amounts won with the bonus sum. Organizer reserves the right at any moment and for any reason to change the conditions of the partial cash back promotion for certain Participants.

 

11.6. If the Participant meets demands for several promotions simultaneously the Organizer at its sole discretion can determine which bonus is available to that Participant.

 

 

 

12. Welcome Deposit Bonus

 

 

 

12.1. Welcome Deposit Bonus promotion is available if it is offered on the website. It can also be available on one or more language versions in the site, and for Participants from countries chosen by the Organizer. In case the promotion is available it is clearly displayed in the according section of the site.

 

12.2. The Organizer has a right to offer a bonus sum equal to the part of the first deposit to the Participants who have never held an account before, have never received a Welcome Cashback Bonus and/or a Welcome Deposit Bonus. In this case the Organizer has a right to define certain conditions, such as minimal sum of the first deposit, the correlation between the deposit and the bonus sum, maximal bonus sum, etc. Detailed information about the promotion is place on the promotions page of the Organizer’s website.

 

Example: The Organizer has determined Welcome Deposit bonus of 50% to newly registered Participants who make an initial deposit of at least 10,000 AMD in their account. The bonus is limited to a maximum of 50,000 AMD. The Participant has registered on Organizer’s site and made an initial deposit of 50,000 AMD. In this case the Participant is eligible to 50,000 AMD Welcome Bonus.

 

12.3. The Organizer has the right to determine additional conditions for bonus withdrawal. For example, the bonus amount received must have been bet three times, on one or more bets with a minimum of 1.50 odds. Each bet must be placed on an event with three or more potential outcomes. If the bonus amount is placed on more than one bet, each bet must be placed on different markets (i.e. different bet types on one fixture or one bet type on different fixtures).

 

 

 

13. Other terms

 

 

 

13.1. An integral part of these general provisions is the Privacy Policy posted on our site.

 

13.2. The rules can be found in more detail in the Rules for Organizing and Conducting “International Bookmaker – Stakehive” totalizator agreed with the Ministry of Finance of the Republic of Armenia dated 30.11.2017, posted in the “Regulation” section on the website stakehive.stg-digi.com.

 

13․3․ Using the services of the Organizer, the Participant agrees that the Organizer has the right to send SMS messages with informative and promotional content to the phone numbers attached to the Participant’s game account. The Participant may, in accordance with the established procedure, refuse to receive certain types of SMS messages from the Organizer – independently or with the support of the Organizer.

 

13.4. Using the Organizer’s services (including, but not limited to, registration on the Organizer’s website stakehive.stg-digi.com, login to his/her registered game account, etc.), the Participant agrees that the Organizer has the right, without the additional consent of the Participant, to transfer to state and local self-government bodies personal and not considered as such Participant data that has become known to the Organizer as a result of using the above services, registration and/or login to his/her registered game account on the Organizer’s website stakehive.stg-digi.com and making bets through it, and also in order for the Organizer to properly fulfill the obligations assumed on the basis of the agreement between the Participant and the Organizer to provide services to participants and improve their quality, and the obligations defined by the legislation of the Republic of Armenia, to transfer data to any third parties (both individuals and legal entities) with whom the Organizer has valid cooperation agreements or obligations data transfer, as well as to third parties affiliated with the Organizer, provided that the recipients have minimal mechanisms for protecting the received data.

 

13.5. In order to improve the quality of the services provided, as well as for the proper fulfillment of the obligations assumed by the Organizer on the basis of the agreement between the Participant and the Organizer, and the obligations defined by the legislation of the Republic of Armenia, the Organizer has the right to receive personal and non-personal Participant data from third parties, including, but not limited to, state bodies authorities or local self-government bodies, other legal entities.

 

13.6. By registering on the Organizer’s website, the Participant gives his/her consent and is thus considered warned that outgoing and incoming calls between him/her and the Organizer can be recorded for security purposes and to improve the quality of the services provided by the Organizer.

 

13.7. Each time a Participant logs into his/her game account, he/she agrees with the current version of the Organizer’s “General Terms and Conditions”.

 

13.8. The Organizer can also make changes and/or additions to these “General Terms and Conditions” by sending individual notifications to the Participants (Inbox letter; letter sent to the e-mail address attached to the game account, etc.).

 

13.9. In case of contradictions between the rules or information provided on the website in Armenian and other languages, the Armenian version shall prevail.