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Background Reading > Terms and Conditions
Last update: 09.01.2019
Foreword
Please read these terms and conditions (or “Terms and Conditions”) carefully before using our Website. By registering on the Website or by visiting the Player Account, Players accept and agree to these Terms and Conditions and the Privacy Policy. The Terms and Conditions and the Privacy Policy are published on the Website and may be changed at any time. The new version of these Terms and Conditions will take effect immediately upon the next visit or login on the Website.
The Website enables Players to place Bets on global Financial Market data such as of the New York Stock Exchange.
Lottoland is not a financial institution. With Lottoland, Players are betting on certain Financial Market data.
These Terms and Conditions (https://www.lottoland.com.au/terms) only apply to Players that are resident in Australia. All other players will be subject to the terms and conditions at https://www.lottoland.com/en
Role of Lottoland
Lottoland is responsible for the operation of the Website, the Player Accounts, the placing and acceptance of Bets, taking Players’ Stakes and forwarding of Winnings to the Players within the scope of these Terms and Conditions.
Lottoland acts as a bookmaker, determines the odds, calculates the Winnings and is responsible for the payment of Winnings and pays out the Winnings. Through complex hedging measures and instruments, Lottoland guarantees the payout of all Winnings.
Contracts
At the time of registration, the Player enters a contract with Lottoland in relation to the use of the Website, the set up and the management of their Player Account, the placing of Bets, the payment of the Player’s Stakes and the payout of Winnings to the Player. When Lottoland accepts a Player’s Bet, the Player enters a contract with Lottoland regulating the terms and conditions for all Bets accepted, the rules of the Betting Events as well as the payout of Winnings
Stakes and Fees
For Bets, the Player pays Lottoland a stake which is fully claimed by Lottoland acting as a bookmaker. The player does not have to pay any fees for Lottoland’s services.
The introduction, namely all provisions above and the definitions contained below, apply to the entirety of these Terms and Conditions.
Definitions
“Affiliated Company” – another company which is licensed to accept bets and has entered an agreement with Lottoland. EU Lotto is currently the only Affiliated Company.
“Bank Account” – the bank account of a commercial credit institution provided by the Player and linked to the Player Account.
“Bank Card” – a prepaid, debit or credit card or any other card with a payment and/or credit function and used as a payment method.
“Bet” – a bet accepted by Lottoland on the outcome of a certain real event, for example a set of Financial Market data at a set point in time, as offered by the Website and submitted directly or indirectly, via internet, telephone or other channels.
“Betting Event” – the events Lottoland makes available to Players as described in clause 11.1. and on which Bets may be placed.
“DoubleJackpot” – an additional option that a Player can select on the Virtual Play Slip which doubles the Player’s entitlement to a Jackpot. On one Virtual Play Slip, only either the option DoubleJackpot or NumberShield can be played.
“EU Lotto” – EU Lotto Ltd, a company which is officially licenced by the Government of Gibraltar to accept Bets (licence number RGL 066) and to offer Casino-style products (licence number RGL 085). EU Lotto is also officially licensed by the UK Gambling Commission to offer Remote General Betting Standard - Real Event and Casino activities under licence number 38991. EU Lotto acts as a bookmaker, determines the odds, is responsible for the payment of Winnings and pays out the Winnings in Gibraltar to Lottoland for distribution to Players. EU Lotto’s registered company number is 109514 (REID GICO 109514-83).
“Excluded List“ - any person citizen of or resident in a country currently listed by the Financial Action Task Force as posing a risk to the international financial system, in November 2018 published at http://www.fatf-gafi.org/publications/high-riskandnon-cooperativejurisdictions/documents/fatf-compliance-october-2018.html; any person listed on the financial sanctions list of HMRC, in November 2018 published at http://hmt-sanctions.s3.amazonaws.com/sanctionsconlist.htm; any person citizen of or resident in the United States of America.
“Financial Market” – any recognised regulated stock exchange or market where buyers and sellers participate in the trade of financial assets and instruments such as equities, shares, bonds and currencies.
“Jackpot” – in the case of a Bet, the maximum possible Winnings at Lottoland in respect to relevant Betting Event of the advertised relevant Prize Category/Prize Categories of the relevant Betting Event or the sum thereof without the option DoubleJackpot. Jackpots can be fixed to an amount chosen and advertised by Lottoland.
“Lottoland” – Lottoland Australia Pty Ltd, an Australian Private Company (ABN 14 602 590 429, registered office address: 16/32 Ralph Street, Alexandria, Sydney, NSW 2015). Lottoland is officially licensed by the NT Government (licence number 602590429). Lottoland acts as a bookmaker, determines the odds, calculates and pays out the Winnings.
“Lottoland Winning Bet” – a winning Bet for a Betting Event, which was successfully submitted directly or indirectly, via Internet, telephone or other channels, and accepted by Lottoland in accordance with these Terms and Conditions and including winning Syndicate Bets as well as possible winning Bets introduced through a third party to Affiliated Companies and then placed by a third party on behalf of the Player with the Affiliated Companies.
“NumberShield” – an additional option that a Player can select on the Virtual Play Slip which guarantees the Player’s entitlement to undivided Winnings in case of other winners. On one Virtual Play Slip, only NumberShield or DoubleJackpot can be played.
“Pay Out” – the amount, which is paid or payable in accordance with these Terms and Conditions in respect to a correctly matched Bet on a Betting Event in a relevant Prize Category.
“Player” – a registered user of the Website.
“Player Account” – the notional account created by a Player on the Website through which the Player can place and pay for Bets on the Website.
“Privacy Policy” – the valid policy published by Lottoland in respect of the use and storage of personal information, which is incorporated by reference into these Terms and Conditions.
“Prize Category” or “Prize Tier” – the numbers correctly bet on which determine the prize category or tier in respect of the relevant Betting Event.
“Share” – refers to a share in a Syndicate Bet.
“Special Jackpot” – the highest possible win in the highest Prize Category (without activation of the feature “DoubleJackpot”) communicated by Lottoland in regards to a Betting Event.
“Stake” – this refers to the sum of money the Player decides to bet in respect of a Bet and for a certain Virtual Play Slip.
“Syndicate Bet” - this refers to a group of numerous Bets on a certain real event, or multiple certain real events, in which Shares are available for purchase by a Player.
“Type A Prize Category” – a Prize Category where the payout to the Player depends on the number of Lottoland Winning Bets in that Prize Category, as defined in clause 11.1..
“Type B Prize Category” – a Prize Category where the payout to the Player depends on the number of Lottoland Winning Bets in that Prize Category, as defined in clause 11.1..
“Type C Prize Category” – a Prize Category where the payout to the Player is independent from the number of Lottoland Winning Bets in that Prize Category, as defined in clause 11.1..
“Virtual Play Slip” – the electronic play slip on the Website to bet on a Betting Event.
“Website” – the Internet portal of Lottoland, which is accessible at www.lottoland.com.au and any related mobile applications.
“Winnings” – this refers to the amount of money to be paid to the Player in respect of a Lottoland Winning Bet, including Jackpot.
Unless the context clearly requires a different understanding, words used in one genus are to be understood in another genus as well.
1. The Player
1.1.
Each Player warrants at all times that:
· they have read, understood and agree to the Terms and Conditions;
· they are not under 18 years of age (under-age gambling is an offence);
· they are not resident in South Australia;
· they are aware that they might lose their Stake submitted via the Website;
· they are not depositing monies originating from criminal and/or other un-authorised activities;
· they will pay any taxes due on Winnings;
· they are not persons on the Excluded List;
· the details provided by them at the point of registration and payment respectively are complete, accurate and have not been stolen or lost;
· they are at the time of placing their Bet not a director, officer, or employee (or their spouse or dependant) of Lottoland or of one of the Lottoland Group companies or a contractor or service provider of any of the Lottoland Group who is deemed by Lottoland to be in a sensitive position;
· they are not restricted by limited legal capacity; and
· they only have one Player Account at Lottoland.
Lottoland is entitled to void a Bet at any time if the Player is found to be or have been in breach at any time of any of these warranties, (including, for the avoidance of doubt, even after a relevant Betting Event has taken place which would have entitled the Player to certain Winnings except for a breach of these warranties).
1.2.
The Player needs to register on the Website in order to use all services or place Bets. Lottoland reserves the right to refuse the completion of the registration for any person.
1.3.
The Player may be required to provide the following data in the course of registration of a Player Account, depositing funds into the Player Account, placing or accepting a Bet or in relation to payout of Winnings: full name, residential address, gender, date of birth, email address, telephone number, payment method data as well as other information relevant or necessary for the realisation of services provided by Lottoland. Any personal information collected about, or provided by, the Player will be dealt with in accordance with Lottoland’s Privacy Policy, accessible at: https://www.lottoland.com.au/privacy.
Lottoland is required under the conditions of its Northern Territory licence and under the Anti-Money Laundering and Counter-Terrorism Act 2006 (Cth) to verify a Player’s age and identity when a Player opens an account or within 45 days after the opening of that account. By providing this data the Player grants Lottoland permission to verify the data provided, including the verification of their age, identity or other information provided, directly through Lottoland or through specialised third party providers. The Player acknowledges and agrees that Lottoland may: (a) request the Player to provide further information about or relevant to the Player which may be reasonably required to verify the Player or information about or relevant to the Player; (b) suspend, terminate or close a Player Account where the Player refuses to provide information reasonably requested by Lottoland.
The Player is responsible for ensuring that the information recorded in relation to their Player Account is complete, correct, up to date and accurate. The Player must inform Lottoland about any changes to the information provided, including but not limited to Bank Cards and Bank Accounts, by updating their Player Account. A Player may change or update their personal information and details at any time by accessing their Player Account on the Website.
Lottoland is not responsible for failure of payout due to non-provision of data by the Player, or the provision of missing, incorrect, incomplete or expired data. Lottoland is under no obligation to verify any data provided or to make contact with a Player to complete or change incorrect, incomplete or invalid data.
Lottoland is entitled to suspend the Player Account if identification verification is not completed within 45 days after opening of the Player Account. The Player acknowledges and agrees that if Lottoland is unable to verify the Player’s age and identity within that period, Lottoland is required to suspend the Player Account in accordance with these Terms and Conditions. The Player understands and agrees that, until the required information has been provided to Lottoland’s satisfaction, the Player will not be able to deposit or withdraw any funds into or from their Player Account, place any Bets or close their Player Account.
In any case where the Player is identified as not over 18 years of age, Lottoland must return any deposited funds and immediately close the Player Account for that person.
1.4.
The Player shall immediately inform Lottoland if their Bank Card or a comparable payment method, which they have specified on the Website, becomes lost, suspended or stolen; the same applies, if relevant passwords or confidential information has been submitted to third parties.
1.5.
Lottoland is entitled to request proof that a Player has authority to use any paying instrument which is linked to their account.
2. Player Account
2.1.
The Player provides an email address and a password in the course of registration. The Player may self-manage their data at any time through the relevant Player Account.
2.2.
Players are not permitted to have more than one Player Account at any one time. If an additional account or accounts are opened by a Player and/or Payment details are used in multiple Player Acounts, Lottoland will be entitled in its sole discretion to close any such accounts without notice. Lottoland shall be entitled to void any bets made by that Player.
2.3.
Lottoland shall be entitled in its sole discretion to define different minimum and maximum amounts for deposits and Stakes during a particular time period for a particular Player.
2.4.
The Player must keep their Player Account data (Player number, username and password) in a safe place in order to prevent unauthorised access. The Player is responsible for all activities and transactions conducted through their Player Account.
2.5.
The Player is neither authorised to grant third parties access to their Player Account nor to use third parties’ Player Accounts.
2.6.
It is the Player’s obligation to report suspected fraud or illicit use of their Player Account to Lottoland, and to take such steps as may be required in order to overcome it, such as by changing the password on the Player Account.
2.7.
The Player may close their Player Account permanently on the Website by using the facility in the My account section on the Website or by contacting Lottoland’s Customer Service. Provided that the Player Account is not being closed as the result of a voluntary exclusion request, the pre-condition for closing the Player Account is that there are no open or running Bets linked to the relevant Player Account. In the case of closing as a result of a voluntary exclusion request, the Player Account must be closed immediately. If the Player closes their Account, it is at Lottoland’s discretion to allow the Player to register a new Player Account.
2.8.
The Player can see a list of all their active and expired Bets under the My activity section on the Website. A Bet is only considered accepted by Lottoland if the status of the play slip has the label “In Play” or a status with an identical meaning. The order receipt confirmation sent by email or the status “Submitted” or a status with an identical meaning only indicates that Lottoland has received the order for a Bet, not that it has been accepted. Only with a status like “In Play” in the overview the Bet is considered accepted. In case that a Bet is not accepted, Lottoland will refund the value of this Bet to the Player.
2.9.
Lottoland is dedicated to providing its Players with an entertaining but safe and responsible gambling experience. Lottoland therefore provides a number of measures to assist Players who wish to take control of their gambling activity with Lottoland including temporary suspension, voluntary self-exclusion measures and deposit limit measures. Some of these responsible gambling measures are set out below. For further information and our full policies in relation to responsible gambling, including how a Player can seek help if they have concerns they may have a problem with gambling, please see Lottoland's Responsible Gambling Policy at: https://www.lottoland.com.au/player-protection.
The Player can lock their Player Account at any time for any reason, including if the Player wishes to voluntarily self-exclude themselves from placing Bets with Lottoland for a certain period of time (“Temporary Suspension” or “Self-Exclusion”).
The Player may make a request for Temporary Suspension or Self-Exclusion by using the relevant online facility after logging into the Player Account on the Website, accessing the “My Account” section of the Player Account and clicking the “Edit” button next to account status. The Player may determine the duration of their Temporary Suspension or Self-Exclusion, however the minimum self-exclusion period is six (6) months.
Alternatively, the Player may choose to self-exclude voluntarily by following the self-exclusion process set up by the Northern Territory regulator at: https://nt.gov.au/industry/gambling/self-exclusion-from-a-sports-bookmaker-or-betting-exchange-operator. If the Player chooses to send a self-exclusion request through the Northern Territory process, the self-exclusion request will be applied by all gambling operators licensed in the Northern Territory (including Lottoland) in accordance with the Northern Territory licence conditions.
The Player understands and agrees that by choosing to self-exclude, their Player Account will be locked immediately and the Player will not be able to access their Player Account, use any of the products or services offered on the Website, deposit or withdraw any funds from their Player Account or place any Bets on the Website.
Subject to all necessary identity and account verification checks being made, any Bets which have been placed by the Player on Betting Events which have not yet occurred will be declared void with immediate effect and any balance in the Player Account, including any amounts in relation to Bets placed on Betting Events which have not yet occurred, will be returned to the Player.
During the Player's self-exclusion period, Lottoland will not send any marketing materials to the Player unless and until the Player has unlocked their Player Account following the expiry of the self-exclusion period. The Player may not unlock or reopen their Player Account until after the expiry of the selected self-exclusion period.
The reopening of Player Accounts that have been self-excluded is only possible after the expiry of the Self-Exclusion period. For reopening their Player Account at the end of the self-exclusion period, Players must contact Lottoland’s Customer Service. Any request to unlock a Player Account will be subject to a 24-hour waiting period
3. Placing of Bets
3.1.
The Player instructs Lottoland to accept Bets by filling out and submitting a Virtual Play Slip on the Website.
3.2.
After the Player has filled out the Virtual Play Slip, it is transferred to the Player’s shopping basket.
3.3.
The Player submits their Bet by clicking on the relevant button in the shopping cart. Where the account balance is not sufficient the Player needs to provide their payment details and Lottoland needs to get satisfactory confirmation of the payment before the Bet is submitted.
3.4.
Once the Bet is submitted, it cannot be amended or cancelled by the Player.
3.5.
Lottoland acknowledges receipt of the Player’s order by email. The Player may check the processing status of the relevant Bet at any time on the Website in their Player Account.
4. Payment and Accounts
4.1.
Betting with no account balance or with a negative account balance is not possible.
4.2.
With a direct debit order and authorisation respectively, the Player entitles Lottoland or its appointees the authorisation to debit the relevant amount from the Bank Account provided by the Player.
4.3.
In case of a returned direct debit Lottoland may reject the acceptance of further payments. Lottoland is entitled to transfer claims against a Player, including possible additional but appropriate fees to a collection agency.
4.4.
Any third party bank and payment processing charges and fees are borne by the Player and Lottoland is entitled to debit the Player Account accordingly. This also applies to foreign exchange charges.
4.5.
Lottoland will credit payments from Players to Lottoland’s bank account immediately upon receipt of funds. The Player has to state their player number with all bank transfers.
4.6.
In case a payment to Lottoland from a Player Account of a Player is ceased, interrupted, returned or for any other reasons not finalised or in case that such payment is cancelled afterwards or theft or fraud is obvious in this regard, Lottoland shall be entitled to debit the relevant amounts including possibly existing additional fees imposed to Lottoland.
4.7.
The credit balance of a Player’s Account does not bear interest.
4.8.
The Player can directly withdraw funds that constituted Winnings under the My Transactions section. In order to mitigate money laundering and fraud, funds from unspent deposits can only be withdrawn by contacting Customer Support. Under no circumstances will a Player be able to withdraw any bonus funds in their Player Account.
4.9.
A Player can only withdraw funds to a bank account in the name of the Player Account holder.
4.10.
The credited amount deposited by the Player and the payable credit balance on the Player Account respectively are held in a bank account in the name of Lottoland and are not subject to any particular escrow or mechanisms for protection in the event of insolvency.
4.11.
Lottoland is entitled to debit the Player Account with appropriate expenses which refer to the costs incurred by Lottoland because of the execution of assignments from a Player or the execution of an order.
4.12.
Lottoland shall be entitled to suspend a Player Account, if more than one year has passed since the last transaction of the Player. Prior to suspension Lottoland will make an effort to contact the Player via email or telephone. In case Lottoland is unable to reach the Player within four weeks and cannot specify their bank details for the transfer of a possibly remaining balance, the Player’s claim to this balance expires. Lottoland is entitled to use the remaining balance at their discretion including, and not exclusive of, a donation to a charitable organisation.
5. Rights of Lottoland
5.1.
Lottoland shall be entitled to suspend the relevant Player Accounts and Players from the use of the Website with immediate effect, if Lottoland believes that a Player does not meet the requirements named in these Terms and Conditions. In addition, Lottoland shall be entitled to suspend the relevant Player Accounts and Players from the use of the Website, if Lottoland believes that:
(i) the Player has provided false or misleading information in connection with their Player Account, any payment methods or otherwise in connection with the Website and the services available through it;
(ii) the Player maintains more than one Player Account;
(iii) the Player is involved in any fraud-related activities;
(iv) the Player is in breach of any other substantial provision of these Terms and Conditions;
(v) the Player has used the Website in a fraudulent manner or for illegal and/or unlawful or improper purposes including but not limited to if Lottoland has reasonable suspicion that a Player is abusing or attempting to abuse a bonus, offer or other promotion form or taken advantage of any software or system bug or failure;
(vi) any of the events referred to in this clause may have occurred or are likely to occur;
(vii) required by law or if requested to do so by the police, by any regulatory authority or by court, in addition, Lottoland shall be entitled to suspend the relevant Player Accounts and Players from the use of the Website, if Lottoland believes that
(a) any details of the Bank Account or Bank Card were, or have become, incorrect or the card is reported as lost or stolen or becomes the subject of fraud;
(b) Lottoland receives a negative appraisal of creditworthiness for a Player or any direct debit collection due from a Player is returned for reasons attributable to the Player;
(c) the Player has used a payment instrument without the owners approval; or
(d) the Player has allowed a third party to place Bets using their Player Account.
5.2.
During the period of any suspension of a Player Account the Player will be prevented from accessing or using their Player Account; in addition, Lottoland may investigate the event that gave rise to the suspension and Lottoland will be entitled (but shall not be obliged) to require that the relevant Player provides all such identification documents as Lottoland reasonably requires.
5.3.
Should Lottoland determine that the event giving rise to suspension has occurred, Lottoland will be entitled to terminate the Player Account in question permanently and may choose to do so once any outstanding Stakes associated with that Player Account for future Bets expire or otherwise may at its discretion void such Bets issued or played. If the Stake was placed by a Player under 18 years of age, Lottoland shall void the relevant Bets in which case the Stake will be returned from Lottoland to that person's Bank Account and the Player Account will be closed.
5.4.
Should Lottoland determine that such a breach has not occurred, the suspension of the Player Account will be brought to an end.
5.5.
If Lottoland terminates a Player's use of the Website for any other reason, Lottoland will notify the relevant Player by email using the email address provided to Lottoland. In such circumstances, Lottoland shall refund the payable balance held on the Player Account to the Player, after both stakes and any fees incurred have been deducted, and Winnings for all the future and open Bets have been settled, using the Bank Account provided by the Player.
5.6.
Lottoland may withhold, delay or cancel any Winnings or Player’s funds from a Player if, Lottoland deems in its absolute discretion that:
(i) there may be chargebacks in respect of the relevant Player Account;
(ii) the Winnings stem directly from a chargeback; or
(iii) the Player has partaken in any form of bonus abuse, cheating, fraud or taken advantage of any software or system bug or failure.
6. Winnings
6.1.
Players may inform themselves with respect to Winnings on their Player Accounts on the Website. In addition, Lottoland may inform the Player with respect to Winnings by email, SMS/text message or in other ways. Information about Winnings can be provided in any currency.
6.2.
Lottoland transfers the Winnings to the Player Account of the Player after publication of the relevant Pay Outs and calculation of Winnings. The Players are entitled to either use their Winnings to pay for future Bets or request that Lottoland pay Winnings into a bank account. For safety reasons, Lottoland may transfer amounts to a Player’s Bank Account or other bank account nominated by a Player only after a copy of the front and back side of a valid identification document, whose information fits the name or maiden name, date of birth and address the Player has provided in the process of registration, has been received and accepted.
6.3.
Lottoland is authorised in its sole discretion to void the relevant Bets, if any of the following occur:
(i) Lottoland was instructed by a Player to accept Bets only after the relevant deadline or after the start of the relevant Betting Event and/or if Lottoland erroneously accepted an instruction to accept Bets on the Website after the relevant deadline or after the start of the relevant Betting Event;
(ii) Lottoland becomes aware of a genuine error in relation to that Bet or Betting Event and is not able to contact the Player to correct the error or confirm the Bet before the deadline;
(iii) Lottoland was instructed to accept a Bet by a Player who has provided false, incomplete or expired information in connection with their Player Account or otherwise in connection with the Website or the services available through it;
(iv) Lottoland was instructed to accept a Bet by a Player who has been involved in any fraud-related activities in relation to the Bet, the operation of the Player Account or otherwise in connection with the Website or the services available through it;
(v) Lottoland was instructed to accept a Bet by a Player who was, at the time of placing the Bet, less than 18 years old;
(vi) the Player maintains more than one Player Account;
(vii) in conjunction with any Betting Event, fraud and/or technical and/or human error or unwarranted influence was found;
(viii) the Betting Event is declared by the relevant operator or organiser as being invalid, incorrect or published in error, as the case may be; or
(ix) Lottoland deems in its absolute discretion that a Player has partaken in any form of bonus abuse, cheating, fraud or taken advantage of any software or system bug or failure.
6.4.
Lottoland is only obliged to credit Winnings to a Player Account or comply with instructions from a player to pay Winnings into a bank account if the Player is entitled to a Winning.
6.5.
For Winnings in any Prize Category, Lottoland may require additional documents such as certified copies of a proof of identity and address, regardless of whether such proof was provided to Lottoland previously. All requested and required documents must be provided by the Player no later than 12 weeks after the date of the Betting Event or the Winnings shall be forfeit.
7. Other Rights
Lottoland reserves the right to:
(i) set off against a Player's Winnings the amount of any unpaid Bets owed by that Player to Lottoland or any affiliate;
(ii) terminate, vary or suspend any Player Account, immediately and without prior notice, for any other reason at Lottoland’s sole discretion; and
(iii) require that the relevant Player provide identification documents in order to enable Lottoland to satisfy itself as to the validity of Player Account details and the Player’s entitlement to the Winnings in accordance with these Terms and Conditions. Lottoland may withhold payment of Winnings until any such matter has been solved entirely.
8. Website, Links and Banners
8.1.
Lottoland reserves the right to make changes or corrections to, suspend or discontinue any aspect of the Website and the content or services or products available through it. Such changes shall not be applied retrospectively and in the event that such changes affect live Bets, Lottoland shall be entitled to void such Bets and the Stakes shall be repaid to the Player Account.
8.2.
The Player acknowledges and agrees that Lottoland is not responsible, and the Player will not hold Lottoland liable, for the content on any promotional links or advertising banners of third party advertisers and the Player takes sole responsibility for accessing, using or relying on those links or banners.
8.3.
Players must not misuse the Website by introducing viruses, trojans, worms, or other material that is malicious or harmful. Lottoland will not be liable for any loss or damage to any Player caused by a distributed denial-of-service attack, viruses or other harmful material that may infect a Player's computer equipment, computer programs, data or other material while using the Website or any website linked to it.
8.4.
While Lottoland endeavours to ensure that the information on this Website is correct, Lottoland does not warrant the accuracy or completeness. The Website may contain errors or inaccuracies, or information that is out of date.
8.5.
The contents of this Website (including these Terms and Conditions) are protected by international copyright laws and other intellectual property rights. The owner of these rights is Lottoland, its affiliates or other third party licensors. All products and company names and logos mentioned on this Website are the trademarks, service marks or trading names of their respective owners, including Lottoland. Players are permitted to print and download extracts from this Website only for their personal reference, and only provided that
(i) no documents or related graphics on this Website are modified in any way;
(ii) no graphics on this Website are used separately from accompanying text; and
(iii) the status of Lottoland (and of identified contributors) as the author of any material on this Website is acknowledged.
8.6.
Other than as set out above, no part of this Website may be reproduced or stored, modified, copied, republished, uploaded, posted, transmitted or distributed, by any means or in any manner, or included in any other website or in any public or private electronic retrieval system or service including, but not limited to, text, graphics, video, messages, code and/or software without Lottoland’s express prior written consent.
9. Privacy Policy
9.1.
Lottoland endeavours to meet all statutory requirements with respect to the personal information of Players. The Privacy Policy (accessible at https://www.lottoland.com.au/privacy) shows more details in respect of the collection, use, disclosure and storage of the personal information.
9.2.
It is acknowledged and agreed that Lottoland may record all conversations involving discussions relating to Bets, complaints or disputes, regardless of the medium.
10. Bets
10.1.
Lottoland will accept Bets placed with it by the Player, if instructions to accept those Bets have been actioned by the Player.
10.2.
At least one Bet per Virtual Play Slip has to be filled in. Every Bet is classified either as a separate Bet (“Normal Bet”) or as a combination of Bets (“System Bet”). In a System Bet, all possible combinations of the selected numbers are considered Normal Bets.
10.3.
Only the first player to choose the NumberShield option for a particular set of numbers will be entitled to the NumberShield. Only one player may enable NumberShield for a particular combination.
10.4.
Depending on the selected Betting Event the Player may place a Bet for a certain duration (“Duration Bets”) and also extend the duration automatically (“Subscription”). Stakes for Duration Bets will be debited by pre-payment at the beginning of the relevant duration for all relevant Betting Events for the selected duration.
10.5.
The Player may automatically extend Bets by selecting the Subscription option. Depending on the selected Betting Event the Player may select a renewal period from 1 to 52 weeks. After this Subscription period has elapsed the Bets are renewed automatically for the selected period for withdrawal, if no notice of cancellation was received via the Player Account. The cancellation of a Subscription must be received by 23:59 of the day prior to the day the period for withdrawal ends. Stakes for following Duration Bets will be debited by pre-payment for every following period for withdrawal.
10.6.
The deadline for placing a Bet on the outcome of a Betting Event will be published on the Website.
Valid Bets will be placed on the next relevant Betting Event that takes place, provided that they are placed before the respective deadline and provided that the Player has not selected something else on purpose. It is up to the Player to ensure that instructions are given to accept the Bet before the relevant deadline. For the avoidance of doubt, instructions to accept or the apparent acceptance of a Bet after the start of a specific Betting Event or a Betting Event that has actually occurred will not be valid, irrespective of any automatic confirmation, that may be generated via email or the Website, or irrespective of a wrong deadline displayed on the Website.
10.7.
The “When Jackpot is” feature will set Bets to enter on a particular Betting Event only if the announced Jackpot for the Betting Event has reached or exceeded the specified “When Jackpot is” amount for the relevant Betting Event.
10.8.
In the event that not all Financial Market data required to determine the Betting Event winning number is available, the Financial Market data of the next day with all required Financial Market data being available will be used (Example: There is no opening value due to a public holiday on Friday. In this case Monday’s opening values will be used).
If Financial Market data of a day with an originally scheduled Betting Event is used, the Financial Market data of the next day (with all required Financial Market data being available) will be used for that originally scheduled Betting Event (Example: For a Betting Event originally scheduled for Wednesday and Friday there are no opening values for Wednesday and Thursday due to public holidays. In this case Friday’s opening values will be used for the Betting Event originally scheduled for Wednesday and Monday’s opening values will be used for the Betting Event originally scheduled for Friday).
This only applies to Betting Events of the same kind (Example: US MegaMillions can use Friday’s opening values only once. If Friday’s opening values are used for the Betting Event originally scheduled for Wednesday, Monday’s opening values will be used for the Betting Event originally scheduled for Friday).
10.9.
In the event that any of the Financial Market opening values, required to determine the Betting Event winning number, matches the closing value of the previous day on which the Financial Market data was available, the Financial Market data of the next day on which all the required Financial Market data is available will be used (example: at least one of Friday’s opening values equals Thursday’s closing value. In this case Monday’s opening values will be used).
10.10.
Lottoland endeavours to ensure that all the Jackpot values for Betting Events offered on the Website are correct, but assumes no responsibility for errors contained in such information. Lottoland is not liable for false assumptions, calculations, estimates or forecasts.
10.11.
Maximum payouts
The total of all Winnings payable by Lottoland per Prize Category for a certain Betting Event must never exceed the numbers as set out below. If the numbers are exceeded, Winnings are divided among the winners.
Friday Jackpot: 50,000,000.00 AUD
10.12.
Special Jackpots
For all Betting Events, Lottoland has the possibility to announce a Special Jackpot at its sole discretion.
10.13.
Only one Prize Category can be won per Normal Bet, which will be the highest of the available Prize Categories achieved by, and relevant to, that Bet. A System Bet can win in more than one Prize Category, based on the separate Bets it is made of.
10.14.
Syndicate Bets
Winnings for Syndicate Bets are calculated in three steps:
Step 1 – Calculation of Total Syndicate Winnings:
Total Syndicate Winnings = The sum of all Winnings for all Lottoland Winning Bets forming part of the Syndicate. The Winnings are calculated as per clause 11 of these Terms and Conditions
Step 2 – Calculation of Syndicate Fraction:
Syndicate Fraction = Number of Shares bought by the Player / Total of Shares advertised for the relevant Syndicate
Step 3 – Calculation of Winnings for this Syndicate Bet:
Winnings for this Syndicate Bet = Total Syndicate Winnings * Syndicate Fraction
Example 1: There is a Syndicate Bet with Total Syndicate Winnings of 90,000,000.00 AUD. The Syndicate Fraction is 1 of 9. The Winnings for this Syndicate Bet are 10,000,000.00 AUD.
Example 2: There is a Syndicate Bet with Total Syndicate Winnings of 30,000,000.00 AUD. The Syndicate Fraction is 3 of 25. The Winnings for this Syndicate Bet are 3,600,000.00 AUD.
10.15.
Lottoland will use reasonable endeavours to ensure that all displayed information and results on the Website are correct.
10.16.
Lottoland will not, and will not be deemed to, be liable for any mistakes or errors in respect to information displayed on the Website.
11. Winnings for Bets on Financial Markets
11.1.
Lottoland calculates the Winnings for each Bet. The calculation is different per Betting Event, the following table explains how each Prize Category can be achieved and which calculation method applies for it.
Foreword
Please read these terms and conditions (or “Terms and Conditions”) carefully before using our Website. By registering on the Website or by visiting the Player Account, Players accept and agree to these Terms and Conditions and the Privacy Policy. The Terms and Conditions and the Privacy Policy are published on the Website and may be changed at any time. The new version of these Terms and Conditions will take effect immediately upon the next visit or login on the Website.
The Website enables Players to place Bets on global Financial Market data such as of the New York Stock Exchange.
Lottoland is not a financial institution. With Lottoland, Players are betting on certain Financial Market data.
These Terms and Conditions (https://www.lottoland.com.au/terms) only apply to Players that are resident in Australia. All other players will be subject to the terms and conditions at https://www.lottoland.com/en
Role of Lottoland
Lottoland is responsible for the operation of the Website, the Player Accounts, the placing and acceptance of Bets, taking Players’ Stakes and forwarding of Winnings to the Players within the scope of these Terms and Conditions.
Lottoland acts as a bookmaker, determines the odds, calculates the Winnings and is responsible for the payment of Winnings and pays out the Winnings. Through complex hedging measures and instruments, Lottoland guarantees the payout of all Winnings.
Contracts
At the time of registration, the Player enters a contract with Lottoland in relation to the use of the Website, the set up and the management of their Player Account, the placing of Bets, the payment of the Player’s Stakes and the payout of Winnings to the Player. When Lottoland accepts a Player’s Bet, the Player enters a contract with Lottoland regulating the terms and conditions for all Bets accepted, the rules of the Betting Events as well as the payout of Winnings
Stakes and Fees
For Bets, the Player pays Lottoland a stake which is fully claimed by Lottoland acting as a bookmaker. The player does not have to pay any fees for Lottoland’s services.
The introduction, namely all provisions above and the definitions contained below, apply to the entirety of these Terms and Conditions.
Definitions
“Affiliated Company” – another company which is licensed to accept bets and has entered an agreement with Lottoland. EU Lotto is currently the only Affiliated Company.
“Bank Account” – the bank account of a commercial credit institution provided by the Player and linked to the Player Account.
“Bank Card” – a prepaid, debit or credit card or any other card with a payment and/or credit function and used as a payment method.
“Bet” – a bet accepted by Lottoland on the outcome of a certain real event, for example a set of Financial Market data at a set point in time, as offered by the Website and submitted directly or indirectly, via internet, telephone or other channels.
“Betting Event” – the events Lottoland makes available to Players as described in clause 11.1. and on which Bets may be placed.
“DoubleJackpot” – an additional option that a Player can select on the Virtual Play Slip which doubles the Player’s entitlement to a Jackpot. On one Virtual Play Slip, only either the option DoubleJackpot or NumberShield can be played.
“EU Lotto” – EU Lotto Ltd, a company which is officially licenced by the Government of Gibraltar to accept Bets (licence number RGL 066) and to offer Casino-style products (licence number RGL 085). EU Lotto is also officially licensed by the UK Gambling Commission to offer Remote General Betting Standard - Real Event and Casino activities under licence number 38991. EU Lotto acts as a bookmaker, determines the odds, is responsible for the payment of Winnings and pays out the Winnings in Gibraltar to Lottoland for distribution to Players. EU Lotto’s registered company number is 109514 (REID GICO 109514-83).
“Excluded List“ - any person citizen of or resident in a country currently listed by the Financial Action Task Force as posing a risk to the international financial system, in November 2018 published at http://www.fatf-gafi.org/publications/high-riskandnon-cooperativejurisdictions/documents/fatf-compliance-october-2018.html; any person listed on the financial sanctions list of HMRC, in November 2018 published at http://hmt-sanctions.s3.amazonaws.com/sanctionsconlist.htm; any person citizen of or resident in the United States of America.
“Financial Market” – any recognised regulated stock exchange or market where buyers and sellers participate in the trade of financial assets and instruments such as equities, shares, bonds and currencies.
“Jackpot” – in the case of a Bet, the maximum possible Winnings at Lottoland in respect to relevant Betting Event of the advertised relevant Prize Category/Prize Categories of the relevant Betting Event or the sum thereof without the option DoubleJackpot. Jackpots can be fixed to an amount chosen and advertised by Lottoland.
“Lottoland” – Lottoland Australia Pty Ltd, an Australian Private Company (ABN 14 602 590 429, registered office address: 16/32 Ralph Street, Alexandria, Sydney, NSW 2015). Lottoland is officially licensed by the NT Government (licence number 602590429). Lottoland acts as a bookmaker, determines the odds, calculates and pays out the Winnings.
“Lottoland Winning Bet” – a winning Bet for a Betting Event, which was successfully submitted directly or indirectly, via Internet, telephone or other channels, and accepted by Lottoland in accordance with these Terms and Conditions and including winning Syndicate Bets as well as possible winning Bets introduced through a third party to Affiliated Companies and then placed by a third party on behalf of the Player with the Affiliated Companies.
“NumberShield” – an additional option that a Player can select on the Virtual Play Slip which guarantees the Player’s entitlement to undivided Winnings in case of other winners. On one Virtual Play Slip, only NumberShield or DoubleJackpot can be played.
“Pay Out” – the amount, which is paid or payable in accordance with these Terms and Conditions in respect to a correctly matched Bet on a Betting Event in a relevant Prize Category.
“Player” – a registered user of the Website.
“Player Account” – the notional account created by a Player on the Website through which the Player can place and pay for Bets on the Website.
“Privacy Policy” – the valid policy published by Lottoland in respect of the use and storage of personal information, which is incorporated by reference into these Terms and Conditions.
“Prize Category” or “Prize Tier” – the numbers correctly bet on which determine the prize category or tier in respect of the relevant Betting Event.
“Share” – refers to a share in a Syndicate Bet.
“Special Jackpot” – the highest possible win in the highest Prize Category (without activation of the feature “DoubleJackpot”) communicated by Lottoland in regards to a Betting Event.
“Stake” – this refers to the sum of money the Player decides to bet in respect of a Bet and for a certain Virtual Play Slip.
“Syndicate Bet” - this refers to a group of numerous Bets on a certain real event, or multiple certain real events, in which Shares are available for purchase by a Player.
“Type A Prize Category” – a Prize Category where the payout to the Player depends on the number of Lottoland Winning Bets in that Prize Category, as defined in clause 11.1..
“Type B Prize Category” – a Prize Category where the payout to the Player depends on the number of Lottoland Winning Bets in that Prize Category, as defined in clause 11.1..
“Type C Prize Category” – a Prize Category where the payout to the Player is independent from the number of Lottoland Winning Bets in that Prize Category, as defined in clause 11.1..
“Virtual Play Slip” – the electronic play slip on the Website to bet on a Betting Event.
“Website” – the Internet portal of Lottoland, which is accessible at www.lottoland.com.au and any related mobile applications.
“Winnings” – this refers to the amount of money to be paid to the Player in respect of a Lottoland Winning Bet, including Jackpot.
Unless the context clearly requires a different understanding, words used in one genus are to be understood in another genus as well.
1. The Player
1.1.
Each Player warrants at all times that:
· they have read, understood and agree to the Terms and Conditions;
· they are not under 18 years of age (under-age gambling is an offence);
· they are not resident in South Australia;
· they are aware that they might lose their Stake submitted via the Website;
· they are not depositing monies originating from criminal and/or other un-authorised activities;
· they will pay any taxes due on Winnings;
· they are not persons on the Excluded List;
· the details provided by them at the point of registration and payment respectively are complete, accurate and have not been stolen or lost;
· they are at the time of placing their Bet not a director, officer, or employee (or their spouse or dependant) of Lottoland or of one of the Lottoland Group companies or a contractor or service provider of any of the Lottoland Group who is deemed by Lottoland to be in a sensitive position;
· they are not restricted by limited legal capacity; and
· they only have one Player Account at Lottoland.
Lottoland is entitled to void a Bet at any time if the Player is found to be or have been in breach at any time of any of these warranties, (including, for the avoidance of doubt, even after a relevant Betting Event has taken place which would have entitled the Player to certain Winnings except for a breach of these warranties).
1.2.
The Player needs to register on the Website in order to use all services or place Bets. Lottoland reserves the right to refuse the completion of the registration for any person.
1.3.
The Player may be required to provide the following data in the course of registration of a Player Account, depositing funds into the Player Account, placing or accepting a Bet or in relation to payout of Winnings: full name, residential address, gender, date of birth, email address, telephone number, payment method data as well as other information relevant or necessary for the realisation of services provided by Lottoland. Any personal information collected about, or provided by, the Player will be dealt with in accordance with Lottoland’s Privacy Policy, accessible at: https://www.lottoland.com.au/privacy.
Lottoland is required under the conditions of its Northern Territory licence and under the Anti-Money Laundering and Counter-Terrorism Act 2006 (Cth) to verify a Player’s age and identity when a Player opens an account or within 45 days after the opening of that account. By providing this data the Player grants Lottoland permission to verify the data provided, including the verification of their age, identity or other information provided, directly through Lottoland or through specialised third party providers. The Player acknowledges and agrees that Lottoland may: (a) request the Player to provide further information about or relevant to the Player which may be reasonably required to verify the Player or information about or relevant to the Player; (b) suspend, terminate or close a Player Account where the Player refuses to provide information reasonably requested by Lottoland.
The Player is responsible for ensuring that the information recorded in relation to their Player Account is complete, correct, up to date and accurate. The Player must inform Lottoland about any changes to the information provided, including but not limited to Bank Cards and Bank Accounts, by updating their Player Account. A Player may change or update their personal information and details at any time by accessing their Player Account on the Website.
Lottoland is not responsible for failure of payout due to non-provision of data by the Player, or the provision of missing, incorrect, incomplete or expired data. Lottoland is under no obligation to verify any data provided or to make contact with a Player to complete or change incorrect, incomplete or invalid data.
Lottoland is entitled to suspend the Player Account if identification verification is not completed within 45 days after opening of the Player Account. The Player acknowledges and agrees that if Lottoland is unable to verify the Player’s age and identity within that period, Lottoland is required to suspend the Player Account in accordance with these Terms and Conditions. The Player understands and agrees that, until the required information has been provided to Lottoland’s satisfaction, the Player will not be able to deposit or withdraw any funds into or from their Player Account, place any Bets or close their Player Account.
In any case where the Player is identified as not over 18 years of age, Lottoland must return any deposited funds and immediately close the Player Account for that person.
1.4.
The Player shall immediately inform Lottoland if their Bank Card or a comparable payment method, which they have specified on the Website, becomes lost, suspended or stolen; the same applies, if relevant passwords or confidential information has been submitted to third parties.
1.5.
Lottoland is entitled to request proof that a Player has authority to use any paying instrument which is linked to their account.
2. Player Account
2.1.
The Player provides an email address and a password in the course of registration. The Player may self-manage their data at any time through the relevant Player Account.
2.2.
Players are not permitted to have more than one Player Account at any one time. If an additional account or accounts are opened by a Player and/or Payment details are used in multiple Player Acounts, Lottoland will be entitled in its sole discretion to close any such accounts without notice. Lottoland shall be entitled to void any bets made by that Player.
2.3.
Lottoland shall be entitled in its sole discretion to define different minimum and maximum amounts for deposits and Stakes during a particular time period for a particular Player.
2.4.
The Player must keep their Player Account data (Player number, username and password) in a safe place in order to prevent unauthorised access. The Player is responsible for all activities and transactions conducted through their Player Account.
2.5.
The Player is neither authorised to grant third parties access to their Player Account nor to use third parties’ Player Accounts.
2.6.
It is the Player’s obligation to report suspected fraud or illicit use of their Player Account to Lottoland, and to take such steps as may be required in order to overcome it, such as by changing the password on the Player Account.
2.7.
The Player may close their Player Account permanently on the Website by using the facility in the My account section on the Website or by contacting Lottoland’s Customer Service. Provided that the Player Account is not being closed as the result of a voluntary exclusion request, the pre-condition for closing the Player Account is that there are no open or running Bets linked to the relevant Player Account. In the case of closing as a result of a voluntary exclusion request, the Player Account must be closed immediately. If the Player closes their Account, it is at Lottoland’s discretion to allow the Player to register a new Player Account.
2.8.
The Player can see a list of all their active and expired Bets under the My activity section on the Website. A Bet is only considered accepted by Lottoland if the status of the play slip has the label “In Play” or a status with an identical meaning. The order receipt confirmation sent by email or the status “Submitted” or a status with an identical meaning only indicates that Lottoland has received the order for a Bet, not that it has been accepted. Only with a status like “In Play” in the overview the Bet is considered accepted. In case that a Bet is not accepted, Lottoland will refund the value of this Bet to the Player.
2.9.
Lottoland is dedicated to providing its Players with an entertaining but safe and responsible gambling experience. Lottoland therefore provides a number of measures to assist Players who wish to take control of their gambling activity with Lottoland including temporary suspension, voluntary self-exclusion measures and deposit limit measures. Some of these responsible gambling measures are set out below. For further information and our full policies in relation to responsible gambling, including how a Player can seek help if they have concerns they may have a problem with gambling, please see Lottoland's Responsible Gambling Policy at: https://www.lottoland.com.au/player-protection.
The Player can lock their Player Account at any time for any reason, including if the Player wishes to voluntarily self-exclude themselves from placing Bets with Lottoland for a certain period of time (“Temporary Suspension” or “Self-Exclusion”).
The Player may make a request for Temporary Suspension or Self-Exclusion by using the relevant online facility after logging into the Player Account on the Website, accessing the “My Account” section of the Player Account and clicking the “Edit” button next to account status. The Player may determine the duration of their Temporary Suspension or Self-Exclusion, however the minimum self-exclusion period is six (6) months.
Alternatively, the Player may choose to self-exclude voluntarily by following the self-exclusion process set up by the Northern Territory regulator at: https://nt.gov.au/industry/gambling/self-exclusion-from-a-sports-bookmaker-or-betting-exchange-operator. If the Player chooses to send a self-exclusion request through the Northern Territory process, the self-exclusion request will be applied by all gambling operators licensed in the Northern Territory (including Lottoland) in accordance with the Northern Territory licence conditions.
The Player understands and agrees that by choosing to self-exclude, their Player Account will be locked immediately and the Player will not be able to access their Player Account, use any of the products or services offered on the Website, deposit or withdraw any funds from their Player Account or place any Bets on the Website.
Subject to all necessary identity and account verification checks being made, any Bets which have been placed by the Player on Betting Events which have not yet occurred will be declared void with immediate effect and any balance in the Player Account, including any amounts in relation to Bets placed on Betting Events which have not yet occurred, will be returned to the Player.
During the Player's self-exclusion period, Lottoland will not send any marketing materials to the Player unless and until the Player has unlocked their Player Account following the expiry of the self-exclusion period. The Player may not unlock or reopen their Player Account until after the expiry of the selected self-exclusion period.
The reopening of Player Accounts that have been self-excluded is only possible after the expiry of the Self-Exclusion period. For reopening their Player Account at the end of the self-exclusion period, Players must contact Lottoland’s Customer Service. Any request to unlock a Player Account will be subject to a 24-hour waiting period
3. Placing of Bets
3.1.
The Player instructs Lottoland to accept Bets by filling out and submitting a Virtual Play Slip on the Website.
3.2.
After the Player has filled out the Virtual Play Slip, it is transferred to the Player’s shopping basket.
3.3.
The Player submits their Bet by clicking on the relevant button in the shopping cart. Where the account balance is not sufficient the Player needs to provide their payment details and Lottoland needs to get satisfactory confirmation of the payment before the Bet is submitted.
3.4.
Once the Bet is submitted, it cannot be amended or cancelled by the Player.
3.5.
Lottoland acknowledges receipt of the Player’s order by email. The Player may check the processing status of the relevant Bet at any time on the Website in their Player Account.
4. Payment and Accounts
4.1.
Betting with no account balance or with a negative account balance is not possible.
4.2.
With a direct debit order and authorisation respectively, the Player entitles Lottoland or its appointees the authorisation to debit the relevant amount from the Bank Account provided by the Player.
4.3.
In case of a returned direct debit Lottoland may reject the acceptance of further payments. Lottoland is entitled to transfer claims against a Player, including possible additional but appropriate fees to a collection agency.
4.4.
Any third party bank and payment processing charges and fees are borne by the Player and Lottoland is entitled to debit the Player Account accordingly. This also applies to foreign exchange charges.
4.5.
Lottoland will credit payments from Players to Lottoland’s bank account immediately upon receipt of funds. The Player has to state their player number with all bank transfers.
4.6.
In case a payment to Lottoland from a Player Account of a Player is ceased, interrupted, returned or for any other reasons not finalised or in case that such payment is cancelled afterwards or theft or fraud is obvious in this regard, Lottoland shall be entitled to debit the relevant amounts including possibly existing additional fees imposed to Lottoland.
4.7.
The credit balance of a Player’s Account does not bear interest.
4.8.
The Player can directly withdraw funds that constituted Winnings under the My Transactions section. In order to mitigate money laundering and fraud, funds from unspent deposits can only be withdrawn by contacting Customer Support. Under no circumstances will a Player be able to withdraw any bonus funds in their Player Account.
4.9.
A Player can only withdraw funds to a bank account in the name of the Player Account holder.
4.10.
The credited amount deposited by the Player and the payable credit balance on the Player Account respectively are held in a bank account in the name of Lottoland and are not subject to any particular escrow or mechanisms for protection in the event of insolvency.
4.11.
Lottoland is entitled to debit the Player Account with appropriate expenses which refer to the costs incurred by Lottoland because of the execution of assignments from a Player or the execution of an order.
4.12.
Lottoland shall be entitled to suspend a Player Account, if more than one year has passed since the last transaction of the Player. Prior to suspension Lottoland will make an effort to contact the Player via email or telephone. In case Lottoland is unable to reach the Player within four weeks and cannot specify their bank details for the transfer of a possibly remaining balance, the Player’s claim to this balance expires. Lottoland is entitled to use the remaining balance at their discretion including, and not exclusive of, a donation to a charitable organisation.
5. Rights of Lottoland
5.1.
Lottoland shall be entitled to suspend the relevant Player Accounts and Players from the use of the Website with immediate effect, if Lottoland believes that a Player does not meet the requirements named in these Terms and Conditions. In addition, Lottoland shall be entitled to suspend the relevant Player Accounts and Players from the use of the Website, if Lottoland believes that:
(i) the Player has provided false or misleading information in connection with their Player Account, any payment methods or otherwise in connection with the Website and the services available through it;
(ii) the Player maintains more than one Player Account;
(iii) the Player is involved in any fraud-related activities;
(iv) the Player is in breach of any other substantial provision of these Terms and Conditions;
(v) the Player has used the Website in a fraudulent manner or for illegal and/or unlawful or improper purposes including but not limited to if Lottoland has reasonable suspicion that a Player is abusing or attempting to abuse a bonus, offer or other promotion form or taken advantage of any software or system bug or failure;
(vi) any of the events referred to in this clause may have occurred or are likely to occur;
(vii) required by law or if requested to do so by the police, by any regulatory authority or by court, in addition, Lottoland shall be entitled to suspend the relevant Player Accounts and Players from the use of the Website, if Lottoland believes that
(a) any details of the Bank Account or Bank Card were, or have become, incorrect or the card is reported as lost or stolen or becomes the subject of fraud;
(b) Lottoland receives a negative appraisal of creditworthiness for a Player or any direct debit collection due from a Player is returned for reasons attributable to the Player;
(c) the Player has used a payment instrument without the owners approval; or
(d) the Player has allowed a third party to place Bets using their Player Account.
5.2.
During the period of any suspension of a Player Account the Player will be prevented from accessing or using their Player Account; in addition, Lottoland may investigate the event that gave rise to the suspension and Lottoland will be entitled (but shall not be obliged) to require that the relevant Player provides all such identification documents as Lottoland reasonably requires.
5.3.
Should Lottoland determine that the event giving rise to suspension has occurred, Lottoland will be entitled to terminate the Player Account in question permanently and may choose to do so once any outstanding Stakes associated with that Player Account for future Bets expire or otherwise may at its discretion void such Bets issued or played. If the Stake was placed by a Player under 18 years of age, Lottoland shall void the relevant Bets in which case the Stake will be returned from Lottoland to that person's Bank Account and the Player Account will be closed.
5.4.
Should Lottoland determine that such a breach has not occurred, the suspension of the Player Account will be brought to an end.
5.5.
If Lottoland terminates a Player's use of the Website for any other reason, Lottoland will notify the relevant Player by email using the email address provided to Lottoland. In such circumstances, Lottoland shall refund the payable balance held on the Player Account to the Player, after both stakes and any fees incurred have been deducted, and Winnings for all the future and open Bets have been settled, using the Bank Account provided by the Player.
5.6.
Lottoland may withhold, delay or cancel any Winnings or Player’s funds from a Player if, Lottoland deems in its absolute discretion that:
(i) there may be chargebacks in respect of the relevant Player Account;
(ii) the Winnings stem directly from a chargeback; or
(iii) the Player has partaken in any form of bonus abuse, cheating, fraud or taken advantage of any software or system bug or failure.
6. Winnings
6.1.
Players may inform themselves with respect to Winnings on their Player Accounts on the Website. In addition, Lottoland may inform the Player with respect to Winnings by email, SMS/text message or in other ways. Information about Winnings can be provided in any currency.
6.2.
Lottoland transfers the Winnings to the Player Account of the Player after publication of the relevant Pay Outs and calculation of Winnings. The Players are entitled to either use their Winnings to pay for future Bets or request that Lottoland pay Winnings into a bank account. For safety reasons, Lottoland may transfer amounts to a Player’s Bank Account or other bank account nominated by a Player only after a copy of the front and back side of a valid identification document, whose information fits the name or maiden name, date of birth and address the Player has provided in the process of registration, has been received and accepted.
6.3.
Lottoland is authorised in its sole discretion to void the relevant Bets, if any of the following occur:
(i) Lottoland was instructed by a Player to accept Bets only after the relevant deadline or after the start of the relevant Betting Event and/or if Lottoland erroneously accepted an instruction to accept Bets on the Website after the relevant deadline or after the start of the relevant Betting Event;
(ii) Lottoland becomes aware of a genuine error in relation to that Bet or Betting Event and is not able to contact the Player to correct the error or confirm the Bet before the deadline;
(iii) Lottoland was instructed to accept a Bet by a Player who has provided false, incomplete or expired information in connection with their Player Account or otherwise in connection with the Website or the services available through it;
(iv) Lottoland was instructed to accept a Bet by a Player who has been involved in any fraud-related activities in relation to the Bet, the operation of the Player Account or otherwise in connection with the Website or the services available through it;
(v) Lottoland was instructed to accept a Bet by a Player who was, at the time of placing the Bet, less than 18 years old;
(vi) the Player maintains more than one Player Account;
(vii) in conjunction with any Betting Event, fraud and/or technical and/or human error or unwarranted influence was found;
(viii) the Betting Event is declared by the relevant operator or organiser as being invalid, incorrect or published in error, as the case may be; or
(ix) Lottoland deems in its absolute discretion that a Player has partaken in any form of bonus abuse, cheating, fraud or taken advantage of any software or system bug or failure.
6.4.
Lottoland is only obliged to credit Winnings to a Player Account or comply with instructions from a player to pay Winnings into a bank account if the Player is entitled to a Winning.
6.5.
For Winnings in any Prize Category, Lottoland may require additional documents such as certified copies of a proof of identity and address, regardless of whether such proof was provided to Lottoland previously. All requested and required documents must be provided by the Player no later than 12 weeks after the date of the Betting Event or the Winnings shall be forfeit.
7. Other Rights
Lottoland reserves the right to:
(i) set off against a Player's Winnings the amount of any unpaid Bets owed by that Player to Lottoland or any affiliate;
(ii) terminate, vary or suspend any Player Account, immediately and without prior notice, for any other reason at Lottoland’s sole discretion; and
(iii) require that the relevant Player provide identification documents in order to enable Lottoland to satisfy itself as to the validity of Player Account details and the Player’s entitlement to the Winnings in accordance with these Terms and Conditions. Lottoland may withhold payment of Winnings until any such matter has been solved entirely.
8. Website, Links and Banners
8.1.
Lottoland reserves the right to make changes or corrections to, suspend or discontinue any aspect of the Website and the content or services or products available through it. Such changes shall not be applied retrospectively and in the event that such changes affect live Bets, Lottoland shall be entitled to void such Bets and the Stakes shall be repaid to the Player Account.
8.2.
The Player acknowledges and agrees that Lottoland is not responsible, and the Player will not hold Lottoland liable, for the content on any promotional links or advertising banners of third party advertisers and the Player takes sole responsibility for accessing, using or relying on those links or banners.
8.3.
Players must not misuse the Website by introducing viruses, trojans, worms, or other material that is malicious or harmful. Lottoland will not be liable for any loss or damage to any Player caused by a distributed denial-of-service attack, viruses or other harmful material that may infect a Player's computer equipment, computer programs, data or other material while using the Website or any website linked to it.
8.4.
While Lottoland endeavours to ensure that the information on this Website is correct, Lottoland does not warrant the accuracy or completeness. The Website may contain errors or inaccuracies, or information that is out of date.
8.5.
The contents of this Website (including these Terms and Conditions) are protected by international copyright laws and other intellectual property rights. The owner of these rights is Lottoland, its affiliates or other third party licensors. All products and company names and logos mentioned on this Website are the trademarks, service marks or trading names of their respective owners, including Lottoland. Players are permitted to print and download extracts from this Website only for their personal reference, and only provided that
(i) no documents or related graphics on this Website are modified in any way;
(ii) no graphics on this Website are used separately from accompanying text; and
(iii) the status of Lottoland (and of identified contributors) as the author of any material on this Website is acknowledged.
8.6.
Other than as set out above, no part of this Website may be reproduced or stored, modified, copied, republished, uploaded, posted, transmitted or distributed, by any means or in any manner, or included in any other website or in any public or private electronic retrieval system or service including, but not limited to, text, graphics, video, messages, code and/or software without Lottoland’s express prior written consent.
9. Privacy Policy
9.1.
Lottoland endeavours to meet all statutory requirements with respect to the personal information of Players. The Privacy Policy (accessible at https://www.lottoland.com.au/privacy) shows more details in respect of the collection, use, disclosure and storage of the personal information.
9.2.
It is acknowledged and agreed that Lottoland may record all conversations involving discussions relating to Bets, complaints or disputes, regardless of the medium.
10. Bets
10.1.
Lottoland will accept Bets placed with it by the Player, if instructions to accept those Bets have been actioned by the Player.
10.2.
At least one Bet per Virtual Play Slip has to be filled in. Every Bet is classified either as a separate Bet (“Normal Bet”) or as a combination of Bets (“System Bet”). In a System Bet, all possible combinations of the selected numbers are considered Normal Bets.
10.3.
Only the first player to choose the NumberShield option for a particular set of numbers will be entitled to the NumberShield. Only one player may enable NumberShield for a particular combination.
10.4.
Depending on the selected Betting Event the Player may place a Bet for a certain duration (“Duration Bets”) and also extend the duration automatically (“Subscription”). Stakes for Duration Bets will be debited by pre-payment at the beginning of the relevant duration for all relevant Betting Events for the selected duration.
10.5.
The Player may automatically extend Bets by selecting the Subscription option. Depending on the selected Betting Event the Player may select a renewal period from 1 to 52 weeks. After this Subscription period has elapsed the Bets are renewed automatically for the selected period for withdrawal, if no notice of cancellation was received via the Player Account. The cancellation of a Subscription must be received by 23:59 of the day prior to the day the period for withdrawal ends. Stakes for following Duration Bets will be debited by pre-payment for every following period for withdrawal.
10.6.
The deadline for placing a Bet on the outcome of a Betting Event will be published on the Website.
Valid Bets will be placed on the next relevant Betting Event that takes place, provided that they are placed before the respective deadline and provided that the Player has not selected something else on purpose. It is up to the Player to ensure that instructions are given to accept the Bet before the relevant deadline. For the avoidance of doubt, instructions to accept or the apparent acceptance of a Bet after the start of a specific Betting Event or a Betting Event that has actually occurred will not be valid, irrespective of any automatic confirmation, that may be generated via email or the Website, or irrespective of a wrong deadline displayed on the Website.
10.7.
The “When Jackpot is” feature will set Bets to enter on a particular Betting Event only if the announced Jackpot for the Betting Event has reached or exceeded the specified “When Jackpot is” amount for the relevant Betting Event.
10.8.
In the event that not all Financial Market data required to determine the Betting Event winning number is available, the Financial Market data of the next day with all required Financial Market data being available will be used (Example: There is no opening value due to a public holiday on Friday. In this case Monday’s opening values will be used).
If Financial Market data of a day with an originally scheduled Betting Event is used, the Financial Market data of the next day (with all required Financial Market data being available) will be used for that originally scheduled Betting Event (Example: For a Betting Event originally scheduled for Wednesday and Friday there are no opening values for Wednesday and Thursday due to public holidays. In this case Friday’s opening values will be used for the Betting Event originally scheduled for Wednesday and Monday’s opening values will be used for the Betting Event originally scheduled for Friday).
This only applies to Betting Events of the same kind (Example: US MegaMillions can use Friday’s opening values only once. If Friday’s opening values are used for the Betting Event originally scheduled for Wednesday, Monday’s opening values will be used for the Betting Event originally scheduled for Friday).
10.9.
In the event that any of the Financial Market opening values, required to determine the Betting Event winning number, matches the closing value of the previous day on which the Financial Market data was available, the Financial Market data of the next day on which all the required Financial Market data is available will be used (example: at least one of Friday’s opening values equals Thursday’s closing value. In this case Monday’s opening values will be used).
10.10.
Lottoland endeavours to ensure that all the Jackpot values for Betting Events offered on the Website are correct, but assumes no responsibility for errors contained in such information. Lottoland is not liable for false assumptions, calculations, estimates or forecasts.
10.11.
Maximum payouts
The total of all Winnings payable by Lottoland per Prize Category for a certain Betting Event must never exceed the numbers as set out below. If the numbers are exceeded, Winnings are divided among the winners.
Friday Jackpot: 50,000,000.00 AUD
10.12.
Special Jackpots
For all Betting Events, Lottoland has the possibility to announce a Special Jackpot at its sole discretion.
10.13.
Only one Prize Category can be won per Normal Bet, which will be the highest of the available Prize Categories achieved by, and relevant to, that Bet. A System Bet can win in more than one Prize Category, based on the separate Bets it is made of.
10.14.
Syndicate Bets
Winnings for Syndicate Bets are calculated in three steps:
Step 1 – Calculation of Total Syndicate Winnings:
Total Syndicate Winnings = The sum of all Winnings for all Lottoland Winning Bets forming part of the Syndicate. The Winnings are calculated as per clause 11 of these Terms and Conditions
Step 2 – Calculation of Syndicate Fraction:
Syndicate Fraction = Number of Shares bought by the Player / Total of Shares advertised for the relevant Syndicate
Step 3 – Calculation of Winnings for this Syndicate Bet:
Winnings for this Syndicate Bet = Total Syndicate Winnings * Syndicate Fraction
Example 1: There is a Syndicate Bet with Total Syndicate Winnings of 90,000,000.00 AUD. The Syndicate Fraction is 1 of 9. The Winnings for this Syndicate Bet are 10,000,000.00 AUD.
Example 2: There is a Syndicate Bet with Total Syndicate Winnings of 30,000,000.00 AUD. The Syndicate Fraction is 3 of 25. The Winnings for this Syndicate Bet are 3,600,000.00 AUD.
10.15.
Lottoland will use reasonable endeavours to ensure that all displayed information and results on the Website are correct.
10.16.
Lottoland will not, and will not be deemed to, be liable for any mistakes or errors in respect to information displayed on the Website.
11. Winnings for Bets on Financial Markets
11.1.
Lottoland calculates the Winnings for each Bet. The calculation is different per Betting Event, the following table explains how each Prize Category can be achieved and which calculation method applies for it.
Betting Event
Financial Market data mechanics
Fri Jackpot
8 digit number from 00000000 to 99999999:
• 1st digit: 1st digit after the decimal place of the day’s Dow Jones Industrial Average opening value
• 2nd digit: 2nd digit after the decimal place of the day’s Dow Jones Industrial Average opening value
• 3rd digit: 1st digit after the decimal place of the day’s NASDAQ Composite opening value
• 4th digit: 2nd digit after the decimal place of the day’s NASDAQ Composite opening value
• 5th digit: 1st digit after the decimal place of the day’s S&P 500 opening value
• 6th digit: 2nd digit after the decimal place of the day’s S&P 500 opening value
• 7th digit: 1st digit after the decimal place of the day’s NYSE Composite opening value
• 8th digit: 2nd digit after the decimal place of the day’s NYSE Composite opening value
• 1st digit: 1st digit after the decimal place of the day’s Dow Jones Industrial Average opening value
• 2nd digit: 2nd digit after the decimal place of the day’s Dow Jones Industrial Average opening value
• 3rd digit: 1st digit after the decimal place of the day’s NASDAQ Composite opening value
• 4th digit: 2nd digit after the decimal place of the day’s NASDAQ Composite opening value
• 5th digit: 1st digit after the decimal place of the day’s S&P 500 opening value
• 6th digit: 2nd digit after the decimal place of the day’s S&P 500 opening value
• 7th digit: 1st digit after the decimal place of the day’s NYSE Composite opening value
• 8th digit: 2nd digit after the decimal place of the day’s NYSE Composite opening value
Type A Prize Category (Main Jackpot)
Type B Prize Categories (Non-Main Jackpot)
Type C Prize Categories (Non-Jackpot)
Right to left in order:
1 (8 correct)
1 (8 correct)
-
Right to left in order:
2 (7 correct)
3 (6 correct)
4 (5 correct)
5 (4 correct)
6 (3 correct)
7 (2 correct)
8 (1 correct)
2 (7 correct)
3 (6 correct)
4 (5 correct)
5 (4 correct)
6 (3 correct)
7 (2 correct)
8 (1 correct)
Betting Event
Financial Market data mechanics
Mon & Wed Jackpot
10 digit number from 0000000000 to 9999999999 mapped to 6 main numbers (from 45) and 2 additional numbers (from the remaining 39) using an enumeration scheme (combinatorial number system) which lists all possible combinations:
• 1st digit: 1st digit after the decimal place of the day’s Dow Jones Industrial Average opening value
• 2nd digit: 2nd digit after the decimal place of the day’s Dow Jones Industrial Average opening value
• 3rd digit: 1st digit after the decimal place of the day’s NASDAQ Composite opening value
• 4th digit: 2nd digit after the decimal place of the day’s NASDAQ Composite opening value
• 5th digit: 1st digit after the decimal place of the day’s S&P 500 opening value
• 6th digit: 2nd digit after the decimal place of the day’s S&P 500 opening value
• 7th digit: 1st digit after the decimal place of the day’s NYSE Composite opening value
• 8th digit: 2nd digit after the decimal place of the day’s NYSE Composite opening value
• 9th digit: 1st digit after the decimal place of the day’s Russell 1000 Index opening value
• 10th digit: 2nd digit after the decimal place of the day’s Russell 1000 Index opening value
• 1st digit: 1st digit after the decimal place of the day’s Dow Jones Industrial Average opening value
• 2nd digit: 2nd digit after the decimal place of the day’s Dow Jones Industrial Average opening value
• 3rd digit: 1st digit after the decimal place of the day’s NASDAQ Composite opening value
• 4th digit: 2nd digit after the decimal place of the day’s NASDAQ Composite opening value
• 5th digit: 1st digit after the decimal place of the day’s S&P 500 opening value
• 6th digit: 2nd digit after the decimal place of the day’s S&P 500 opening value
• 7th digit: 1st digit after the decimal place of the day’s NYSE Composite opening value
• 8th digit: 2nd digit after the decimal place of the day’s NYSE Composite opening value
• 9th digit: 1st digit after the decimal place of the day’s Russell 1000 Index opening value
• 10th digit: 2nd digit after the decimal place of the day’s Russell 1000 Index opening value
Type A Prize Category (Main Jackpot)
Type B Prize Categories (Non-Main Jackpot)
Type C Prize Categories (Non-Jackpot)
1 (6 correct)
-
2 (5+1 correct)
3 (5+0 correct)
4 (4 correct)
5 (3+1 correct)
6 (1+2 correct)
3 (5+0 correct)
4 (4 correct)
5 (3+1 correct)
6 (1+2 correct)
Betting Event
Financial Market data mechanics
Tue Jackpot
10 digit number from 0000000000 to 9999999999 mapped to 7 main numbers (from 45) and 2 additional numbers (from the remaining 38) using an enumeration scheme (combinatorial number system) which lists all possible combinations:
• 1st digit: 1st digit after the decimal place of the day’s Dow Jones Industrial Average opening value
• 2nd digit: 2nd digit after the decimal place of the day’s Dow Jones Industrial Average opening value
• 3rd digit: 1st digit after the decimal place of the day’s NASDAQ Composite opening value
• 4th digit: 2nd digit after the decimal place of the day’s NASDAQ Composite opening value
• 5th digit: 1st digit after the decimal place of the day’s S&P 500 opening value
• 6th digit: 2nd digit after the decimal place of the day’s S&P 500 opening value
• 7th digit: 1st digit after the decimal place of the day’s NYSE Composite opening value
• 8th digit: 2nd digit after the decimal place of the day’s NYSE Composite opening value
• 9th digit: 1st digit after the decimal place of the day’s Russell 1000 Index opening value
• 10th digit: 2nd digit after the decimal place of the day’s Russell 1000 Index opening value
• 1st digit: 1st digit after the decimal place of the day’s Dow Jones Industrial Average opening value
• 2nd digit: 2nd digit after the decimal place of the day’s Dow Jones Industrial Average opening value
• 3rd digit: 1st digit after the decimal place of the day’s NASDAQ Composite opening value
• 4th digit: 2nd digit after the decimal place of the day’s NASDAQ Composite opening value
• 5th digit: 1st digit after the decimal place of the day’s S&P 500 opening value
• 6th digit: 2nd digit after the decimal place of the day’s S&P 500 opening value
• 7th digit: 1st digit after the decimal place of the day’s NYSE Composite opening value
• 8th digit: 2nd digit after the decimal place of the day’s NYSE Composite opening value
• 9th digit: 1st digit after the decimal place of the day’s Russell 1000 Index opening value
• 10th digit: 2nd digit after the decimal place of the day’s Russell 1000 Index opening value
Type A Prize Category (Main Jackpot)
Type B Prize Categories (Non-Main Jackpot)
Type C Prize Categories (Non-Jackpot)
1 (7 correct)
-
2 (6+1 correct)
3 (6+0 correct)
4 (5+1 correct)
5 (5+0 correct)
6 (4 correct)
7 (3+1 correct)
3 (6+0 correct)
4 (5+1 correct)
5 (5+0 correct)
6 (4 correct)
7 (3+1 correct)
Betting Event
Financial Market data mechanics
Thu Jackpot
10 digit number from 0000000000 to 9999999999 mapped to 7/35 and 1/20 numbers using an enumeration scheme which lists all possible combinations:
• 1st digit: 1st digit after the decimal place of the day’s Dow Jones Industrial Average opening value
• 2nd digit: 2nd digit after the decimal place of the day’s Dow Jones Industrial Average opening value
• 3rd digit: 1st digit after the decimal place of the day’s NASDAQ Composite opening value
• 4th digit: 2nd digit after the decimal place of the day’s NASDAQ Composite opening value
• 5th digit: 1st digit after the decimal place of the day’s S&P 500 opening value
• 6th digit: 2nd digit after the decimal place of the day’s S&P 500 opening value
• 7th digit: 1st digit after the decimal place of the day’s NYSE Composite opening value
• 8th digit: 2nd digit after the decimal place of the day’s NYSE Composite opening value
• 9th digit: 1st digit after the decimal place of the day’s Russell 1000 Index opening value
• 10th digit: 2nd digit after the decimal place of the day’s Russell 1000 Index opening value
• 1st digit: 1st digit after the decimal place of the day’s Dow Jones Industrial Average opening value
• 2nd digit: 2nd digit after the decimal place of the day’s Dow Jones Industrial Average opening value
• 3rd digit: 1st digit after the decimal place of the day’s NASDAQ Composite opening value
• 4th digit: 2nd digit after the decimal place of the day’s NASDAQ Composite opening value
• 5th digit: 1st digit after the decimal place of the day’s S&P 500 opening value
• 6th digit: 2nd digit after the decimal place of the day’s S&P 500 opening value
• 7th digit: 1st digit after the decimal place of the day’s NYSE Composite opening value
• 8th digit: 2nd digit after the decimal place of the day’s NYSE Composite opening value
• 9th digit: 1st digit after the decimal place of the day’s Russell 1000 Index opening value
• 10th digit: 2nd digit after the decimal place of the day’s Russell 1000 Index opening value
Type A Prize Category (Main Jackpot)
Type B Prize Categories (Non-Main Jackpot)
Type C Prize Categories (Non-Jackpot)
1 (7+1 correct)
-
2 (7+0 correct)
3 (6+1 correct)
4 (6+0 correct)
5 (5+1 correct)
6 (4+1 correct)
7 (5+0 correct)
8 (3+1 correct)
9 (2+1 correct)
3 (6+1 correct)
4 (6+0 correct)
5 (5+1 correct)
6 (4+1 correct)
7 (5+0 correct)
8 (3+1 correct)
9 (2+1 correct)
Betting Event
Financial Market data mechanics
US MegaMillions
10 digit number from 0000000000 to 9999999999 mapped to 7/35 and 1/20 numbers using an enumeration scheme which lists all possible combinations:
• 1st digit: 1st digit after the decimal place of the day’s Dow Jones Industrial Average opening value
• 2nd digit: 2nd digit after the decimal place of the day’s Dow Jones Industrial Average opening value
• 3rd digit: 1st digit after the decimal place of the day’s NASDAQ Composite opening value
• 4th digit: 2nd digit after the decimal place of the day’s NASDAQ Composite opening value
• 5th digit: 1st digit after the decimal place of the day’s S&P 500 opening value
• 6th digit: 2nd digit after the decimal place of the day’s S&P 500 opening value
• 7th digit: 1st digit after the decimal place of the day’s NYSE Composite opening value
• 8th digit: 2nd digit after the decimal place of the day’s NYSE Composite opening value
• 9th digit: 1st digit after the decimal place of the day’s Russell 1000 Index opening value
• 10th digit: 2nd digit after the decimal place of the day’s Russell 1000 Index opening value
• 1st digit: 1st digit after the decimal place of the day’s Dow Jones Industrial Average opening value
• 2nd digit: 2nd digit after the decimal place of the day’s Dow Jones Industrial Average opening value
• 3rd digit: 1st digit after the decimal place of the day’s NASDAQ Composite opening value
• 4th digit: 2nd digit after the decimal place of the day’s NASDAQ Composite opening value
• 5th digit: 1st digit after the decimal place of the day’s S&P 500 opening value
• 6th digit: 2nd digit after the decimal place of the day’s S&P 500 opening value
• 7th digit: 1st digit after the decimal place of the day’s NYSE Composite opening value
• 8th digit: 2nd digit after the decimal place of the day’s NYSE Composite opening value
• 9th digit: 1st digit after the decimal place of the day’s Russell 1000 Index opening value
• 10th digit: 2nd digit after the decimal place of the day’s Russell 1000 Index opening value
Type A Prize Category (Main Jackpot)
Type B Prize Categories (Non-Main Jackpot)
Type C Prize Categories (Non-Jackpot)
1 (5+1 correct)
-
2 (5+0 correct)
3 (4+1 correct)
4 (4+0 correct)
5 (3+1 correct)
6 (3+0 correct)
7 (2+1 correct)
8 (1+1 correct)
9 (0+1 correct)
3 (4+1 correct)
4 (4+0 correct)
5 (3+1 correct)
6 (3+0 correct)
7 (2+1 correct)
8 (1+1 correct)
9 (0+1 correct)
Betting Event
Financial Market data mechanics
US Power
10 digit number from 0000000000 to 9999999999 mapped to 5/69 and 1/26 numbers using an enumeration scheme which lists all possible combinations:
• 1st digit: 1st digit after the decimal place of the day’s Dow Jones Industrial Average opening value
• 2nd digit: 2nd digit after the decimal place of the day’s Dow Jones Industrial Average opening value
• 3rd digit: 1st digit after the decimal place of the day’s NASDAQ Composite opening value
• 4th digit: 2nd digit after the decimal place of the day’s NASDAQ Composite opening value
• 5th digit: 1st digit after the decimal place of the day’s S&P 500 opening value
• 6th digit: 2nd digit after the decimal place of the day’s S&P 500 opening value
• 7th digit: 1st digit after the decimal place of the day’s NYSE Composite opening value
• 8th digit: 2nd digit after the decimal place of the day’s NYSE Composite opening value
• 9th digit: 1st digit after the decimal place of the day’s Russell 1000 Index opening value
• 10th digit: 2nd digit after the decimal place of the day’s Russell 1000 Index opening value
• 1st digit: 1st digit after the decimal place of the day’s Dow Jones Industrial Average opening value
• 2nd digit: 2nd digit after the decimal place of the day’s Dow Jones Industrial Average opening value
• 3rd digit: 1st digit after the decimal place of the day’s NASDAQ Composite opening value
• 4th digit: 2nd digit after the decimal place of the day’s NASDAQ Composite opening value
• 5th digit: 1st digit after the decimal place of the day’s S&P 500 opening value
• 6th digit: 2nd digit after the decimal place of the day’s S&P 500 opening value
• 7th digit: 1st digit after the decimal place of the day’s NYSE Composite opening value
• 8th digit: 2nd digit after the decimal place of the day’s NYSE Composite opening value
• 9th digit: 1st digit after the decimal place of the day’s Russell 1000 Index opening value
• 10th digit: 2nd digit after the decimal place of the day’s Russell 1000 Index opening value
Type A Prize Category (Main Jackpot)
Type B Prize Categories (Non-Main Jackpot)
Type C Prize Categories (Non-Jackpot)
1 (5+1 correct)
-
2 (5+0 correct)
3 (4+1 correct)
4 (4+0 correct)
5 (3+1 correct)
6 (3+0 correct)
7 (2+1 correct)
8 (1+1 correct)
9 (0+1 correct)
3 (4+1 correct)
4 (4+0 correct)
5 (3+1 correct)
6 (3+0 correct)
7 (2+1 correct)
8 (1+1 correct)
9 (0+1 correct)
Winnings in a Type A Prize Category
The Winnings payable in respect of each Lottoland Winning Bet in a Type A Prize Category will depend on the number of Lottoland Winning Bets in that Prize Category and the applicable Jackpot in that Prize Category.
Only one Lottoland Winning Bet in a Type A Prize Category
If there is only one Lottoland Winning Bet in a Type A Prize Category, the Winnings payable in respect of this Lottoland Winning Bet are:
Winnings = Jackpot in that Type A Prize Category
If the Lottoland Winning Bet in the Type A Prize Category is with DoubleJackpot, the Winnings are doubled.
Example 1: There is only one Lottoland Winning Bet in the Type A Prize Category in respect of a Jackpot in the Type A Prize Category of 90,000,000.00 AUD. The Winnings payable in respect of that single Lottoland Winning Bet amount to 90,000,000.00 AUD.
More than one Lottoland Winning Bet in the Type A Prize Category
If there is more than one Lottoland Winning Bet in the Type A Prize Category, the Winnings payable in respect of the Lottoland Winning Bets in the Type A Prize Category without NumberShield are calculated based on a three-step calculation.
Step 1 – Number of shares:
Number of shares = Number of Lottoland Winning Bets in that Prize Category
Step 2 – Calculation of size of each share:
Size of 1 share = Jackpot / Number of shares
Step 3 – Allocation of Winnings:
1 share per Lottoland Winning Bet without DoubleJackpot and without NumberShield in the Type A Prize Category
2 shares per Lottoland Winning Bet with DoubleJackpot in the Type A Prize Category
Example 2: There are three Lottoland Winning Bets in the Type A Prize Category in respect of a Jackpot in the Type A Prize Category of 90,000,000.00 AUD. There are three payout shares, with a size of 30,000,000.00 AUD each. The Winnings payable in respect of each Lottoland Winning Bet in the Type A Prize Category amount to 30,000,000.00 AUD.
Lottoland Winning Bets in the Type A Prize Category with NumberShield
Winnings for Lottoland Winning Bets in the Type A Prize Category with NumberShield are calculated under the assumption that there had been no other Lottoland Winning Bets in that Prize Category for that Betting Event. Winnings for Lottoland Winning Bets with NumberShield are therefore not shared.
11.3
Winnings in a Type B Prize Category
The Winnings payable in respect of each Lottoland Winning Bet in a Type B Prize Category will depend on the number of Lottoland Winning Bets in that Prize Category and the Jackpot in that Prize Category.
Only one Lottoland Winning Bet in a Type B Prize Category
If there is only one Lottoland Winning Bet in a Type B Prize Category, the Winnings payable in respect of this Lottoland Winning Bet are:
Winnings = Jackpot in that Type B Prize Category
Example 1: There is only one Lottoland Winning Bet in a Type B Prize Category and in respect of a Jackpot in a Type B Prize Category of 9,000,000.00 AUD. The Winnings payable in respect of that single Lottoland Winning Bet amount to 9,000,000.00 AUD.
More than one Lottoland Winning Bet in a Type B Prize Category
If there is more than one Lottoland Winning Bet in a Type B Prize Category, the Winnings payable in respect of these Lottoland Winning Bets are calculated based on a three-step calculation:
Step 1 – Number of shares:
Number of shares = Number of Lottoland Winning Bets in that Prize Category
Step 2 – Calculation of size of each share:
Size of 1 share = Jackpot / Number of shares
Step 3 – Allocation of Winnings:
1 share per Lottoland Winning Bet in that Prize Category
Example 2: There are three Lottoland Winning Bets in a Type B Prize Category in respect of a Jackpot in a Type B Prize Category of 3,000,000.00 AUD. There are three payout shares, with a size of 1,000,000 AUD each. The Winnings payable in respect of each Lottoland Winning Bet in that Prize Category amount to 1,000,000.00 AUD.
11.4.
Winnings in a Type C Prize Category
The Winnings to be paid out in respect of each Lottoland Winning Bet in a Type C Prize Category shall be as displayed on the Website.
11.5.
Payout of Prizes in US MegaMillions and US Power
Lottoland may pay out the Winnings in Prize Category 1 over 30 years (the “Annuity Option”). If the Player chooses the Annuity Option, the first payment will be made as soon as possible after the relevant Betting Event, with the next 29 payments at one-year intervals. The level of payments is calculated such that the payments rise by 5% from year to year until the full sum has been paid out. If the Player chooses the option to pay out Winnings in one lump sum (“Cash Option”), the Winnings are discounted. The one-time discount rate is 40%, i.e. the lump sum is 60% of the Annuity Option value.
If the Annuity Option is chosen by the Player, Lottoland will set up a single premium annuity plan with an asset manager and the Winner as account holder and beneficiary, Lottoland will bear all the relevant costs.
12. Rights of Lottoland with regards to Bets and Winnings
12.1.
A Player is not entitled to claim any Winnings or receive a payout from Lottoland and/or Lottoland may at its discretion decide about the validity of a Bet or a Player's entitlement to Winnings or void a Bet if:
(i) Bets were placed after the relevant deadline or after the start of the relevant Betting Event;
(ii) Bets were erroneously accepted after the relevant deadline or if the relevant Betting Event had already begun or taken place;
(iii) Lottoland becomes aware of an error in relation to that Bet or Betting Event;
(iv) the Bet was placed by a Player who has provided false information in connection with their Player Account or otherwise in connection with the Website or the services available through it;
(v) the Bet was placed by a Player who has been involved in any fraud-related activities in relation to the placing of the Bet, the operation of the Player Account or otherwise in connection with the Website or the services available through it;
(vi) the Bet was placed by a Player who was less than 18 years old or was a director, officer, or employee (or their spouse or dependant) of Lottoland or of one of the Lottoland Group companies;
(vii) the Player maintains more than one Player Account;
(viii) in conjunction with any Betting Event, fraud, technical and/or human error or unwarranted influence was found; or
(ix) the Betting Event is declared by the relevant organiser or operator as being invalid.
12.2.
Lottoland may claim back Winnings, that have been paid out already, from the Player where any of the circumstances referred to in clauses 12.1 (i) - 12.1. (ix) arise.
12.3.
If any Bet is voided in accordance with clause 12.1. (i), (ii), or (iii), Lottoland will offer the Player the option of placing any such Bet on the next relevant Betting Event or crediting the Player's Player Account with the relevant sum. If any Bet is otherwise voided by Lottoland in accordance with this clause, the relevant sum associated with that Bet may be forfeited; or in the case where the Bet was placed by a Player who was under the age of 18 at the time of placing the Bet, the relevant sum will be returned to the Player.
12.4.
Lottoland reserves the right to:
(i) set off against a Player's Winnings the amount of any unpaid Bets owed by that Player;
(ii) terminate, vary or suspend any product offered on the Website, immediately and without prior notice, for any other reason at its sole discretion;
(iii) pay Winnings partly or fully in installments at its sole discretion; and
(iv) to require that a Player provides identification documents in order to enable itself as to the validity of Player Account details and the Player's entitlement to the Winnings in accordance with these Terms and Conditions. Lottoland may withhold payment of Winnings until any such matter has been solved to its reasonable satisfaction.
12.5.
Lottoland decides about acceptance of a Player’s Bet prior to the beginning of the Betting Event. If Lottoland does not accept a Bet, Lottoland will offer the Player the option of placing any such Bet on the next relevant Betting Event.
13. Complaints
13.1.
Any complaints which a Player may have in relation to the use of the Website, their Player Account or any claims or disputes relating to any past or current transaction (including any Bet by that Player), must be dealt with in accordance with Lottoland’s complaints procedure as set out in this condition.
13.2.
Lottoland’s complaints procedure has three levels. For level 1 to 3 the Player may contact Customer Service via email to the following address: [email protected] Each correspondence shall be marked as “Complaint” and shall receive a reference number, provided that Lottoland has allocated a reference number to the relevant complaint.
13.3.
At level 1 the complaint will be dealt with by an employee from Customer Service. At level 2 the complaint will be dealt with by the Head of Customer Service. In level 3 the complaint will be dealt with by the legal department of Lottoland.
13.4.
While every effort will be made to ensure their concerns are dealt with, should a Player from Australia remain dissatisfied (the complaint is now a “Dispute”), they can refer their Dispute to the Northern Territory Racing Commission (“NTRC”) via the web page https://nt.gov.au/industry/gambling/complain-about-a-bookmaker/gambling-dispute-form or via post at GPO Box 1154 Darwin NT 0801 for final determination.
The NTRC’s decision shall be final and binding on both the Player and Lottoland and the NTRC’s determination may be entered as a judgment in any court of competent jurisdiction.
13.5.
The Player acknowledges and agrees that Lottoland may record all conversations involving discussions relating to complaints or Disputes, regardless of the medium.
14. Commitment of Decisions
14.1.
In the event of a complaint or Dispute in respect of a Bet or the payment or awarding of any Winnings, Lottoland may withhold payment of the Winnings until any complaint or Dispute has been resolved to its reasonable satisfaction.
14.2.
Where Lottoland makes a final decision or exercises any discretion referred to above Lottoland may, solely at its discretion and notwithstanding Condition 13, reimburse the sum paid by the Player for the relevant Bet or offer a new Bet to the Player.
15. General Liability and Force Majeure
15.1.
Lottoland will not be liable to a Player or third parties, whether in contract, tort (including negligence, breach of statutory duty or other tort) or otherwise, for:
(i) any loss of revenue, business, anticipated savings or profits (whether direct or indirect); or
(ii) any indirect, special or consequential loss, damage, costs or other claims, howsoever caused or arising, whether through non-supply or late supply of the Website or any other service available through the Website, non-performance of these Terms and Conditions or otherwise.
15.2.
Nothing in these Terms and Conditions affects Lottoland’s liability for cases of death or personal injury due to negligence of Lottoland.
15.3.
Without prejudice to any other provision of these Terms and Conditions, Lottoland shall not be liable to any person, for:
(i) any event beyond its reasonable control including without limitation, any act of God, actual or threatened war or other threat or challenge to governmental authority, confiscation, nationalisation, requisition or destruction of or damage to property by or under the order of any Government or public or local authority, strike, lockout, industrial action, fire, flood, drought, tempest, power cut and/or failure or obstruction of any network, broadcasting or telecommunications service;
(ii) the failure of, or damage or destruction to, or any errors caused by the computer systems or records or any third party (including, without limitation, the Website), or any aspect of the foregoing;
(iii) delays, losses, errors or omissions in or made by the postal or other delivery service or by the banking system;
(iv) any other action or event that prevents or hinders the acceptance of a Bet;
(v) the refusal to sell a Bet to any person or to allow any person to place a Bet; or
(vi) any losses caused to Players including misuse or unauthorised use of passwords, money lost by placing Bets and failure or malfunction of the equipment or technology of the relevant Player or their Internet service provider.
16. Liability of Lottoland
16.1.
Lottoland endeavours to ensure that the Website and the services available through it are available to Players as much as is reasonably possible, but Lottoland cannot and does not guarantee that:
(i) the Website will be available at any specific time or for any specific period;
(ii) the Website's features, functionality or performance will meet the Player's requirements or those of third parties; or
(iii) the Website or its features and functionality are, or will be, compatible with, or available on, the device or system used by a Player to access the Website. In addition, Lottoland does not warrant that any alerts or advices a Player may choose to subscribe to will be provided in advance of the deadline for instructing Lottoland to accept a Bet and shall have no liability to a Player if any such alerts or advices are incorrect or delayed or are not sent to or not received by the Player.
16.2.
Lottoland will use reasonable endeavours to ensure that the results and Winnings provided by it are correct. In spite of all endeavours for warranty of the accuracy of this information Lottoland shall have no liability for errors which are discovered only after Winnings have been paid out where such error is based on incorrect information that is published by a relevant publisher of that information relevant to those Winnings.
16.3.
Lottoland will not accept responsibility for loss or damage because of the insolvency of third parties, including banks maintaining the bank accounts of Lottoland.
16.4.
Lottoland shall not be liable for any loss or damage that may arise from the insolvency of third parties, including any third party supplier or any bank, including (without limitation) any bank with which a third party supplier maintain their accounts.
16.5.
Lottoland is not obliged to pay Winnings if the Player has no such claim according to these Terms and Conditions.
16.6.
Any liability that Lottoland has towards a Player other than an obligation to pay Winnings to the Player for successful and valid Bets submitted and accepted by Lottoland according to these Terms and Conditions is limited, (i) in the case that the liability refers to a Bet: to the total amount of the Player’s Stake in regards to that specific Bet and (ii) in all other cases: to the amount which is the lowest of (a) AUD 5,000.00 and (b) the aggregate sum which the Player has Bet in the last 30 days.
17. Scope of the Agreement
17.1.
The agreement between the Player and Lottoland (as the bookmaker) in regards to this Website and the therein offered services is constituted by:
(i) these Terms and Conditions;
(ii) the Privacy Policy; and
(iii) the explanations and clarifications appearing on the Website from time to time; and
(iv) any applicable changes to any of the above from time to time.
17.2.
Lottoland does not separately file the individual terms entered into by Players when they register or play on the Website. Players can access these Terms and Conditions on the Website. Players can make a durable copy of these terms by printing and/or saving a downloaded copy on their own computer.
18. Law
18.1.
All transactions including the placement or acceptance of any Bet or the payment of Winnings whether contractual or otherwise between a Player and Lottoland shall be deemed to be concluded and to take place in the Northern Territory, Australia.
18.2.
These Terms and Conditions, the relationship between a Player and Lottoland and each Bet shall be governed by and construed in accordance with the laws of the Northern Territory, Australia.
18.3.
Where these Terms and Conditions are published in several languages, the English version of these Terms and Conditions will supersede and take precedence over any conflicting elements with other languages.
18.4.
The Player submits herewith to the exclusive jurisdiction of the courts of the Northern Territory in relation to all disputes arising in connection with these Terms and Conditions or any Bet submitted on the Website.
18.5.
Internet gambling may be illegal in some jurisdictions or its legality may be in doubt. Each Player acknowledges and accepts that Lottoland cannot and does not give any legal advice or assurances or make any representation of any kind in respect of the legality of using Lottoland’s services in the jurisdiction where Player resides or is located.
18.6.
Lottoland will not be liable for any illegal or unauthorised use of the Website or services offered on it.
19. General
19.1.
If any provision of these Terms and Conditions is held to be invalid or unenforceable by any judicial or other competent authority, all other provisions of these Terms and Conditions will remain in full force and effect and will not in any way be impaired.
19.2.
If any provision of these Terms and Conditions is held to be invalid or unenforceable but would be valid or enforceable if some part of the provision were deleted, the provision in question will apply with the minimum modifications necessary to make it valid and enforceable.
19.3.
All promotions, bonuses or special offers are subject to these Terms and Conditions and any promotion-specific terms and conditions which Lottoland may introduce from time to time in conjunction therewith. In case of a conflict between these Terms and Conditions and the promotion-specific terms and conditions, these Terms and Conditions will always take precedence over the promotion-specific terms and conditions.
19.4.
These Terms and Conditions and any promotion-specific terms and conditions override any contrary statements made by Lottoland’s customer services, affiliates, agents or anyone else.
19.5.
All notices under these Terms and Conditions are to be sent and received by email. For this purpose, Player notices should be sent to Customer Support. Lottoland will send its notices to the Player at the email address specified in the Player's Player Account.
19.6.
Lottoland may, but Players may not, assign any rights and/or transfer, sub-contract or delegate any obligations under these Terms and Conditions, and/or charge or deal in any other manner with any contract created under these Terms and Conditions or any of Lottoland's or the Player's respective rights or obligations. For the avoidance of doubt, Lottoland may transfer and assign any contract between Lottoland and a Player to any third party (including an Affiliated Company of Lottoland) in conjunction with the transfer of all or part of the business and assets of Lottoland.
19.7.
Any purported assignment, transfer, sub-contracting, delegation, charging or dealing in contravention of these Terms and Conditions by the Player shall be invalid and ineffective. These Terms and Conditions are personal to the Player and are entered into by the Player for their own benefit and not for the benefit of any third party.
19.8.
Any omission to exercise, or delay in exercising, any right or remedy under these Terms and Conditions shall not constitute a waiver of that, or any other, right or remedy. The waiver by Lottoland of any of its rights or remedies arising under these Terms and Conditions or by operation of law shall not constitute a continuing waiver of that right or remedy or a waiver of any other right or remedy.