General Definitions and Concepts
- Game Contract: An agreement based on the risk of winning, concluded between participants under agreed rules.
- Bet: A type of game where the outcome depends on an uncertain event.
- Stake: Monetary or electronic funds provided by a participant to take part in a game, representing the participant’s agreement under the specified rules.
- Game Organizer (Bookmaker): Kings Chance operates under a gaming license issued by Curaçao.
- Client: An individual who places bets on the outcomes of events. Legal entities cannot act as clients or participate in betting.
- Result: The outcome of an event on which a bet has been placed.
- Betting Line (Sports): A collection of events and their possible outcomes, with associated odds offered for betting.
- Winnings: Funds or property awarded to the client after the determination of the game result, in accordance with the rules.
- Odds: A numerical expression of the probability of an event, determining the payout for a winning bet.
- Bet Cancellation/Refund: Adjustment of the odds to 1 (one), effectively refunding the bet under specific conditions.
- Regular Time: The official duration of a match, including added time, but excluding extra time, penalties, and shootouts.
- Personal Account: An online interface enabling clients to place bets and manage their activities via a web browser.
- Authorization Data: Information required for client authentication, including username and password, though additional forms of verification may be requested.
Understanding and Participation
Clients must ensure they fully understand the terms and definitions relating to betting and gaming. In case of uncertainty, they should:
- Seek clarification about the event or game concerned.
- Contact the support team for further assistance.
- Refrain from placing bets or participating until a full understanding has been achieved.
Kings Chance assumes no responsibility for client actions in cases where there is a lack of understanding regarding participation or betting conditions.
Theoretical Return to Player (RTP)
The term “Theoretical Return to Player (RTP)” may appear on the website, indicating a virtual calculation that shows the percentage of wagers theoretically returned to clients over a series of plays. This figure is theoretical and does not guarantee a specific return rate. Clients may experience winnings or losses regardless of the indicated RTP.
By participating in betting activities, clients accept these terms and conditions, acknowledging their understanding and consent to participate under the specified rules and definitions.
