Contracts – Participating tournaments
At the time of registration, the Player enters a contract with Vavamoney.com in relation to the use of the Website, the set up and the management of their Player Account, participating in tournaments, the payment of the Player’s Stakes and the payout of Winnings to the Player, which all take place in India.
When Vavamoney.com accepts a Player’s Participation, the Player enters a contract with Vavamoney.com regulating the terms and conditions for all Participations placed, the rules of the games offered as well as the payout of Winnings.
Contracts – Instant Win Games
At the time of registration or placement of an order, the Player enters a free contract with Vavamoney.com in relation to the use of the Website, the set up and the management of their Player Account, the order of an IWG participation, the payment of the purchase price and the Winnings back to them.
When participating in an Instant Win Game, the Player buys a chance of winning from Vavamoney.com, the prizes for which are guaranteed by Vavamoney.com.
“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.
“Participation” – a Participation on the outcome of a certain real event, for example the result of a certain lotty tournament or 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.
“Participating Event” – the events Vavamoney.com makes available to Players as described in the Vavamoney.com game overview or Daily Fantasy Sports Rules and on which Participations may be placed, including but not limited to (i) draws of Underlying Lotteries and (ii) Participating on the outcome of a sports event in accordance with Legal Gaming and Sports Betting rules
"Excluded List" - any person citizen of or resident in a country currently listed by the Financial Action Task Force or Below the legal age limit as per the mere skill based gaming rules and guideline by the government of India.
“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.
"Instant Win Game" or "IWG" – a virtual, random number generator-based game offered and operated by Vavamoney.com, e.g. casino-style games and scratchcards.
“Jackpot” – in the case of a Participation, the maximum possible winning at Vavamoney.com in respect to the relevant Prize Category/Prize Categories of the relevant Tournamentor the sum thereof without the option DoubleJackpot or, in the case of an Instant Win Game, the sum announced in the highest Prize Category. Jackpots can be fixed to an amount chosen and advertised by Vavamoney.com.
“Vavamoney.com”– SONAS GAMING PRIVATE LIMITED, a company which is officially incorporated under the Government of India to accept Participations and to offer Casino-style products under the company SONAS GAMING PRIVATE LIMITED(incorporated Under Ministry of corporate affairs. SONAS GAMING PRIVATE LIMITED is also officially registered under the Government of India to offer Remote General Betting,Bookmaking other Betting operations,off-track,operation of casinos,including “floating casinos”,sale of lottery tickets,operation(exploitation)of coin operated gaming machines,and Operation of virtual gaming websites and mobile applications
SONAS GAMING PRIVATE LIMITED acts as a bookmaker, determines the odds, is responsible for the payment of Winnings and pays out the Winnings in India to Players. SONAS GAMING PRIVATE LIMITED’s registered company number is
“Vavamoney.com Winning Participation” – a winning Participation for a Vavamoney.com game, which was successfully submitted directly or indirectly, via Internet, telephone or other channels, and accepted by Vavamoney.com in accordance with these Terms and Conditions, including possible winning Participations introduced through a third party to Vavamoney.com and then placed by a third party on behalf of the Player with Vavamoney.com.
“Vavamoney.com-SpecialJackpot” or “SpecialJackpot” – the highest possible win in the highest Prize Category (without activation of the feature “DoubleJackpot”) communicated by Vavamoney.com in regards to a Vavamoney.com game, if that sum is higher than the published jackpot of the relevant underlying lottery.
“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, Vavamoney.com game has to pay out or has already paid out in respect to a correctly matched Participation on a relevant Tournamentin 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 Participations on the Website as well as play IWGs.
“Prize Category” or “Prize Tier” – the amount of numbers correctly matched determines the Prize Category in respect of the relevant Vavamoney.com game, as announced in the official rules of the Underlying Lottery.
“RNG” – a random number generator used by Vavamoney.com to conduct lottery-style draws. The random number generator is compliant with the applicable regulatory model and standards.
“Daily Fantasy Sports Rules” - the rules pertaining to each Vavamoney.com Daily Fantasy Sports game which Vavamoney.com makes available to Players, including such rules provided by the government
“Stake” – this refers to either the sum of money the Player decides to Participation in respect of a relevant game and for a certain Virtual Play Slip, including any service fees, or the sum of money staked for one or more IWGs, including any service fees.
“Type A Prize Category” – a Prize Category where the payout to the player depends on the number of Vavamoney.com Winning Participations and Underlying Lottery Winning Tickets in that Prize Category, as defined in the Vavamoney.com Game overview.
“Type B Prize Category” – a Prize Category where the payout to the player depends on the number of Vavamoney.com Winning Participations and Underlying Lottery Winning Tickets in that Prize Category, as defined in the Vavamoney.com Game overview.
“Type C Prize Category” – a Prize Category where the payout to the player is independent from the number of Vavamoney.com Winning Participations and Underlying Lottery Winning Tickets in that Prize Category, as defined in the Vavamoney.com Game overview.
“Website” – the Internet portal of Vavamoney.com, which is accessible at www.Vavamoney.com.com, including joint or mobile Websites, which are operated by Vavamoney.com within the same or another domain or within the same or another brand, any subdomains operated by Vavamoney.com (*.Vavamoney.com.tld) or top level domains (www.Vavamoney.com.*) as for example www.Vavamoney.com.com as well as iframes or comparable contents supplied by Vavamoney.com within the Internet pages of third parties and any related mobile applications.
“Winnings” – this refers to either the premium to be paid to the Player in respect of an Vavamoney.com Winning Participation, or the prize paid out in case of a winning Instant Win Game in SONAS(The virtual online currency launched and owned by the company.
“Currency”-This refers to the virtual wallet currency(SONAS) launched and owned by the company which will be used for all transactions inside the website(www.Vavamoney.com.com)and the app launched by the company.The Value of the currency will be determined solely by the company authorities and company has rights to sell or buy this virtual currency to or from the players who binds by the terms and conditions of the company.This currency valid only for the transactions in and between the websites and mobile apps launched by the company.
1. The Player
Each Player warrants at all times that
• They have read and understood the Terms and Conditions;
• They are not under 18 years of age (under-age gaming is an offence);
• They are aware that they might lose their Stake submitted via the Website;
• They are not depositing money 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 Participation or playing an Instant Win Game not a director, officer, or employee (or their spouse or dependant) of Vavamoney.com or of one of the Vavamoney.com Group companies or a contractor or service provider of any of the Vavamoney.com Group who is deemed by Vavamoney.com to be in a sensitive position;
• They are not restricted by limited legal capacity; and
• They only have one Player Account at Vavamoney.com.
Vavamoney.com is entitled to void a Participation or Instant Win Game 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 Tournamenthas taken place which would have entitled the Player to certain Winnings except for a breach of these warranties).
The Player needs to register on the Website in order to use all services, place Participations or play an Instant Win Game. Vavamoney.com reserves the right to refuse the completion of the registration for any person. Players must keep their Player Account details up-to-date at all times.
The Player may be required to provide the following data in the course of, included but not limited to, registration, purchase or payout of Winnings: 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 Vavamoney.com. By providing this data the Player grants Vavamoney.com permission to verify the data provided, including the verification of their age, directly through Vavamoney.com or through specialised third-party providers. Vavamoney.com 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. Vavamoney.com 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.
The Player shall immediately inform Vavamoney.com 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.
The Player must purchase SONAS(The virtual wallet currency into their Player’s wallet from an account or source of which the Player is the account holder and indeed named as such. If the Player uses a payment method in respect of which the Player is not the account holder, Vavamoney.com is entitled to assume the Player is using his own funds and Vavamoney.com accepts no liability where that is not the case. If the Player uses a payment method in respect of which the Player is not the account holder, Vavamoney.com reserves the right to treat any deposit into the Player Account as being invalid (and any winnings arising from such deposit as void). Winnings or any payouts may be withheld pending the satisfactory completion of all relevant checks.uts may be withheld pending the satisfactory completion of all relevant checks.
The Player shall inform Vavamoney.com about any changes with regards to information provided including, but not limited to Bank Cards and Bank Accounts, by updating their Player Account. Vavamoney.com can not be held liable for any damages caused due to payment data being compromised.
Players must not be involved in any fraudulent, collusive, fixing or other unlawful activity in relation to the Player’s or third parties’ participation in any Participation or Instant Win Game and shall not use any software-assisted methods or techniques or hardware devices for the Player’s participation in any Participation or Instant Win Game.
2. Player Account
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.
Players are not permitted to have more than one Player Account at any one time. If an additional account or accounts are or were opened by a Player and/or Payment details are used in multiple Player Accounts, Vavamoney.com will be entitled in its sole discretion to close any such accounts without notice. Vavamoney.com shall be entitled to void any Participations made by that Player or to void any IWG participations of that Player.
Vavamoney.com 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.
The Player must keep their Player Account data (including but not limited to Player, 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.
The Player is not authorised to sell, transfer or grant third parties access to their Player Account and to use and/or acquire third parties’ Player Accounts.
It is the Players obligation to report suspected fraud or illicit use of their Player Account to Vavamoney.com, and to take such steps as may be required in order to overcome it, such as by changing the password on the Player Account.
The Player can lock their Player Account at any time ("Temporary Suspension" or “Self-Exclusion”). The order for Temporary Suspension or Self-Exclusion may be placed by using the respective facility in My Account on the Website. The Player may determine the duration of their Temporary Suspension or Self-Exclusion.
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, Players must contact Vavamoney.com’s Customer Service.
The Player may close their Player Account permanently on the Website by using the facility My Account or by contacting the Vavamoney.com Customer Service. The pre-condition for closing the Player Account is that there are no open or running Participations linked to the relevant Player Account. If the Player closes their Player Account and then opens a new Player Account, Vavamoney.com shall have the right to close such new Player Account at its discretion and without any further explanation to the Player.
The Player can see a list of all their active and expired Participations and Instant Win Games under the My Games section. A Participation is only considered accepted by Vavamoney.com if the status of the play slip has the label “In Play” at the time of the relevant Tournamentor, in the case of Daily Fantasy Sports only, if a Participation receipt shows a Participation ID number or a status with an identical meaning, only in such an event is the Player entitled to any Winnings pursuant to that Participation. The order receipt confirmation sent by email or the status “Submitted”, or in the case of Daily Fantasy Sports “pending” or a status with an identical meaning only indicate that Vavamoney.com has received the order for a Participation, not that it has been accepted. Only with a status like “In Play”, or in the case of Daily Fantasy Sports “accepted”, in the overview the Participation is considered accepted. In case that a Participation is not accepted, Vavamoney.com will refund the value of this Participation to the Player.
3. Placing of Participations
The Player instructs Vavamoney.com to participate in a skill based quiz contesr to confirm their Participations on the Website.
After the Player has filled out the Virtual Play Slip, it is transferred to the Player’s shopping basket.
The Player submits their Participation by spending the SONAS. Where the account balance is not sufficient the Player needs to provide their payment details and Vavamoney.com needs to get satisfactory confirmation of the payment before the Participation is submitted.
Once the Participation is submitted, it cannot be amended or cancelled by the Player.
Vavamoney.com acknowledges receipt of the Player’s order (except in the case of Daily Fantasy Sports). The Player may check the processing status of the relevant Participation at any time on the Website in their Player Account.
4. Payment and Accounts
Participating or playing with no account balance or with a negative account balance is not possible.
The Player will receive Winnings equivalent to 100,000.00 SONAS or more in a handover ceremony open to media of Vavamoney.com’s choice and will give one or more interviews. The Player may still choose to stay anonymous. Vavamoney.com may at its discretion waive these obligations and/or choose an alternative payment method if needed for operational or other reasons. For transfers, Vavamoney.com may charge the Player with the fees for the bank transfer.
With a direct debit order and authorisation respectively, the Player entitles Vavamoney.com or its appointees the authorisation to debit the relevant amount from the Bank Account provided by the Player.
The Player agrees not to make any charge-backs, reversals or otherwise cancel any deposits into the Player Account, and in any such event to refund and compensate Vavamoney.com for such unpaid deposits including any expenses incurred by Vavamoney.com in the process of collecting such unpaid deposits. In addition, in the case of a returned direct debit in respect of a Player, Vavamoney.com may reject the acceptance of further payments from such Player. Vavamoney.com is entitled to transfer any such claims against a Player, including possible additional but appropriate fees to a collection agency.
Any third-party bank and payment processing charges and fees are borne by the Player and Vavamoney.com is entitled to debit the Player Account accordingly. This also applies to foreign exchange charges. Vavamoney.com reserves the right to charge the Player a fee for handling deposits and withdrawals to and from their account if a deposit is not played through in full before a withdrawal is requested. Fees charged will be 5% of the withdrawal amount
Vavamoney.com will credit payments from Players to Vavamoney.com’s bank account immediately upon receipt of funds. The Player has to state their player number with all bank transfers.
In case a payment to Vavamoney.com 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, Vavamoney.com shall be entitled to debit the relevant amounts including possibly existing additional fees imposed to Vavamoney.com.
The credit balance of a Player’s Account will not bear interest.
The Player can directly withdraw funds that constituted Winnings under the My Transactions section. In order to mitigate money launderng 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 from their Player’s wallet.
A Player can only withdraw funds to a bank account in the name of the Player Account holder.and on verification of KYC
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 Vavamoney.com and are not subject to any particular escrow or mechanisms for protection in the event of insolvency.
For All Players
From time to time Vavamoney.com may hold a Player’s funds to the credit of that Player. Player’s Funds include, without limitation, cleared funds deposited with Vavamoney.com by Players to provide stakes in, or to meet participation fees in respect of, future gaming.
Vavamoney.com is required by its licence to inform Players about what happens to money which Vavamoney.com holds on account for them.
All Player Funds will be held in accounts separate from business accounts. However, Player Funds may still form part of the assets of the business in the event of insolvency and therefore categorised as not protected.
Vavamoney.com is entitled to debit the Player Account with appropriate expenses which refer to the costs incurred by Vavamoney.com because of the execution of assignments from a Player or the execution of an order.
Winnings are tax-free or non-taxable in many countries. The Player is primarily responsible for correct payment of taxes, duties and levies. In the event that Vavamoney.com is required to pay any taxes, duties or levies directly to the regulatory authorities of a country in respect of a Player’s winnings, then it shall be entitled to deduct those from the Player’s Account or claim them from the Player accordingly.
Vavamoney.com shall be entitled to deem a Player Account as inactive if more than one year has passed since the last stake transaction of the Player. Vavamoney.com will notify the Player once their account is deemed as inactive.
5. Rights of Vavamoney.com
Vavamoney.com shall be entitled to suspend the relevant Player Accounts and Players from the use of the Website with immediate effect, if Vavamoney.com believes that a Player does not or did not meet the requirements named in these Terms and Conditions. In addition, Vavamoney.com shall be entitled to suspend the relevant Player Accounts and Players from the use of the Website, if Vavamoney.com 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 or maintained more than one Player Account; iii. the Player is involved in any fraud-related activities; iv. the Player is or was 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 Vavamoney.com 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, Vavamoney.com shall be entitled to suspend the relevant Player Accounts and Players from the use of the Website, if Vavamoney.com believes that (i) 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, (ii) Vavamoney.com 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, (iii) the Player has used a payment instrument without the owners approval; or (iv) the Player has allowed a third party to place Participations using their Player Account.
During the period of any suspension of a Player Account the Player will be prevented from accessing or using their Player Account; in addition, Vavamoney.com may investigate the event that gave rise to the suspension and Vavamoney.com will be entitled (but shall not be obliged) to require that the relevant Player provides all such identification documents as Vavamoney.com reasonably requires.
Should Vavamoney.com determine that the event giving rise to suspension has occurred, Vavamoney.com 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 Participations and/or Instant Win Games expire or otherwise may at its discretion void such Participations or any IWG participations issued or played. If the Stake was placed by a Player under 18 years of age, Vavamoney.com shall void the relevant Participations and any IWG participations in which case the Stake will be returned from Vavamoney.com to that person's Bank Account and the Player Account will be closed.
Should Vavamoney.com determine that such a breach has not occurred, the suspension of the Player Account will be brought to an end.
If Vavamoney.com terminates a Player's use of the Website for any other reason, Vavamoney.com will notify the relevant Player by email using the email address provided to Vavamoney.com. In such circumstances, Vavamoney.com 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 Participations and/or IWG participations that the Player has already purchased have been settled, using the Bank Account provided by the Player.
Vavamoney.com may withhold, delay or cancel any Winnings or Player’s funds from a Player if, Vavamoney.com deems in its absolute discretion that (i) there may be chargebacks in respect of the relevant Player Account or Participationween that Player and any affiliate of Vavamoney.com, (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.
In respect of Daily Fantasy Sports, multiple Participations that combine different selections within the same event are not accepted where the outcome of one affects or is affected by the other.
In respect of Daily Fantasy Sports, Vavamoney.com reserves the right to change odds and information displayed on the website at any time and without notice. Vavamoney.com will take reasonable care to ensure the accuracy of this information but information is presented as a guide only. Prices displayed on the website are indicative only and are not binding until a Participation has been accepted by Vavamoney.com. In the event of any particular information (score, time of game etc) being incorrect Vavamoney.com assumes no liability for this. Please refer to the Daily Fantasy Sports Rules for information on how individual Daily Fantasy Sports markets are settled.
Copyright in the information displayed on this website is the property of Vavamoney.com and/or its licensors. This information is intended for personal use only and may not be displayed in public, broadcast or used for any commercial purpose without the express written consent of Vavamoney.com. Whilst every effort is made to ensure that the information is accurate, Vavamoney.com accepts no responsibility for any use made of the information provided on this website and excludes all liability in respect of any loss suffered by any person arising directly or indirectly from use of the information.
Players may inform themselves with respect to Winnings on their Player Accounts on the Website. In addition, Vavamoney.com 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.
Vavamoney.com transfers the Winnings to the Player Account of the Player after publication of the relevant Pay Outs or official results on the Tournament(taken from the official governing body of the Betting Event) and calculation of Winnings. The Players are entitled to either use their Winnings to pay for future Participations and/or Instant Win Games or request that Vavamoney.com pay Winnings into a bank account in accordance with clause 4.2. above. For safety reasons, Vavamoney.com may transfer amounts to a Player’s Bank Account or other bank account nominated by a Player, given that it is in accordance with clause 4.2. above, 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.
Vavamoney.com is authorised to void the relevant Participations or Instant Win Games, if any of the following occur: (i) Vavamoney.com was instructed by a Player to place Participations only after the relevant deadline or after the start of the relevant Tournamentand/or if Vavamoney.com erroneously accepted an instruction to place Participations on the Website after the relevant deadline or after the start of the relevant Betting Event, (ii) Vavamoney.com becomes aware of a genuine error in relation to that Participation or Tournamentand is not able to contact the Player to correct the error or confirm the Participation before the deadline, (iii) Vavamoney.com was instructed to place a Participation or purchase an IWG participation 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) Vavamoney.com was instructed to place a Participation or purchase an IWG participation by a Player who has been involved in any fraud-related activities in relation to the Participation or Instant Win Game, the operation of the Player Account or otherwise in connection with the Website or the services available through it, (v) Vavamoney.com was instructed to place a Participation or purchase an IWG participation by a Player who was, at the time of placing the Participation, less than 18 years old, (vi) the Player maintains or maintained more than one Player Account, (vii) in conjunction with any Tournamentor Random Number Generator user for Instant Win Games, fraud and/or technical and/or human error or unwarranted influence was found, (viii) the Tournamentis declared by an organiser or co-organiser as being invalid, incorrect or published in error, as the case may be, or (ix) Vavamoney.com 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.
Vavamoney.com is only obliged to credit Winnings to a Player Account or comply with instructions from a player to pay Winnings into a bank account in accordance with clause 4.2. above if the Player is entitled to a Winning.
For Winnings in any Prize Category or Instant Win Game, Vavamoney.com may require additional documents such as certified copies of a proof of identity and address, regardless of whether such proof was provided to Vavamoney.com previously. All requested and required documents must be provided by the Player no later than 12 weeks after the date of the Tournamentor the Winnings shall be forfeited.
Vavamoney.com reserves the right, i. to set off against a Player's Winnings the amount of any unpaid Participations or Instant Win Games owed by that Player to Vavamoney.com or any affiliate; ii. to terminate, vary or suspend any Player Account, immediately and without prior notice, for any other reason at Vavamoney.com’s sole discretion; and iii. to require that the relevant Player provide identification documents in order to enable Vavamoney.com 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. Vavamoney.com may withhold payment of Winnings until any such matter has been solved entirely.
8. Website, Links and Banners
Vavamoney.com 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 Participations or Instant Win Games, Vavamoney.com shall be entitled to void such Participations and/or Instant Win Games and the Stakes shall be repaid to the Player Account.
Vavamoney.com is not responsible for any promotional links or advertising banners of third party advertisers.
Players must not misuse the Website by introducing viruses, trojans, worms, or other material that is malicious or harmful. Vavamoney.com will not be liable for any loss or damage to Players 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.
While Vavamoney.com endeavours to ensure that the information on this Website is correct, Vavamoney.com does not warrant the accuracy or completeness. The Website may contain errors or inaccuracies, or information that is out of date.
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 Vavamoney.com, 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 Vavamoney.com. 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 Vavamoney.com (and of identified contributors) as the author of any material on this Website is acknowledged.
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 Vavamoney.com’s express prior written consent.
Vavamoney.com will accept Participations placed with it by the Player, if instructions to place those Participations have been actioned by the Player. Vavamoney.com is not a lottery operator. With Vavamoney.com, Players are placing Participations on the results of the draws of official and/or state-run lotteries and/or lottery-style draws using the RNG technology and/or on certain Financial Market data.
At least one Participation per answering the quiz contest should be filled in. Every Participation is classified either as a separate Participation (“Normal Participation”) or as a combination of Participations (“System Participation”). In a System Participation, all possible combinations of the selected numbers are considered Normal Participations.
Depending on the selected Vavamoney.com game the Player may place a Participation for a certain duration (“Duration Participations”) and also extend the duration automatically (Subscription). Stakes for Duration Participations will be debited by pre-payment at the beginning of the relevant duration for all relevant Betting Events for the selected duration.
Subscription) will be debited by pre-payment from any active Bank Card registered on the Player Account at the beginning of the relevant duration for all relevant Betting Events for the selected duration.
The Player may automatically extend the Virtual Play Slip until the Jackpot in respect to the underlying lottery of the relevant Vavamoney.com game has been won. The period for withdrawal encloses only the next Tournamentdate.
The deadline for Betting on a Tournamentwill be posted on the Website.
Valid Participations will be placed on the next relevant Tournament that takes place, provided that they are placed before the respective deadline and provided that the Player has not selected something else on purpose. The deadline will be displayed on the Website. It is up to the Player to ensure that instructions are given to place the Participation before the relevant deadline. For the avoidance of doubt, instructions to place or the apparent placement of a Participation after the start of a specific Tournament or a Tournament 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.
The “Future tournament” feature will set Participations to enter/play a particular Vavamoney.com game only if the announced jackpot for the Tournament has reached or exceeded the specified “When Jackpot is” amount for the relevant Betting Event.
If a lottery draw does not take place or no draw result is published or officially announced, all valid Participations on that Tournament will stand for the rescheduled draw Participations will stand and the Underlying Lottery will be replaced with a lottery-style draw using the RNG technology that will take place at the same time as the official and/or state-run lottery draw was scheduled to take place where all valid Participations will stand for the draw using the random number generator “RNG”) that takes place either at the same time as the original draw
Vavamoney.com 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. Vavamoney.com estimates the amount of future tournaments using certain assumptions, such as the current or future tournaments being won or rolled over, but is not liable for false assumptions, calculations or forecasts.
Financial instruments to guarantee the payout of the tournaments and Winnings offered on the Website,
The total of all Winnings payable by Vavamoney.com per Prize Category for a certain Tournament has no specific limitations
For all games, Vavamoney.com has the possibility to announce a “Special tournaments” under its sole discretion. In this case, the “Special tournaments” sum announced replaces any Underlying Lottery tournaments in that Type A Prize Category.
Only one Prize Category can be won per Normal Participation, which will be the highest of the available Prize Categories achieved by, and relevant to, that Participation. A System Participation can win in more than one Prize Category, based on the separate Participations it is made of.
Winnings for Vavamoney.com Syndicate Winning Participations are calculated in three steps:
Step 1 – Calculation of Total Syndicate Winnings:
Total Syndicate Winnings = The sum of all Winnings for all Vavamoney.com Winning Participations 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 Vavamoney.com Syndicate Winning Participation:
Winnings for this Vavamoney.com Syndicate Winning Participation = Total Syndicate Winnings * Syndicate Fraction
Winnings are calculated and credited as “SONAS” in the player’s wallet.The credited Sonas(Wallet currency)will converted to INR and will be deposited in the Player’s Account in a settlement cycle duration of within “T+2”.However, Vavamoney.com may, in its sole discretion, chose to calculate and credit Winnings in the currency in which the Participation was placed.
Vavamoney.com will use reasonable endeavours to ensure that all displayed information and results on the Website are correct.
Vavamoney.com will not be liable for any mistakes in respect to the information displayed.
13. Instant Win Games
Instant Win Games (IWG) allow Players to participate in virtual games offered by Vavamoney.com on the Website, with winning numbers drawn by a tested random number generator.
A Player may purchase one or more IWG participations. The Stake is determined by the number of IWGs purchased and displayed in the Instant Win Games section of the Website.
All IWG transactions are displayed in the “My Transactions” section of the Website.
Vavamoney.com reserves the right to discontinue or to alter Instant Win Games formats, or add new Instant Win Games at its sole discretion, without providing reasons.
Each Instant Win Game has a different Stake, different prizes and a different pay-out table. The pay-out tables of all the Instant Win Games are displayed on the Instant Win Game section of the Website.
Only one prize may be won per Instant Win Game, unless stated otherwise. A Player can win instant cash-prizes, perpetuity cash-prizes, free Instant Win Games and physical prizes of any kind as stated on the Website.
If a purchased IWG participation is not played within a two week period, Vavamoney.com reserves the right to play the Instant Win Game on behalf of the Player. Any Winnings will be paid out to the Player Account.
a. Each Player acknowledges that he/she enters the Website and participates in the Instant Win Games provided at their own risk. The Websites and the Instant Win Games are provided without any warranty whatsoever, whether express or implied.
b. Vavamoney.com shall not be responsible for any downtime, server disruptions, lagging, or any technical or political disturbance to the IWGs. In the event of a malfunction, all Instant Win Games are void. Refunds may be given solely at the discretion of Vavamoney.com.
c. The Player understands and acknowledges that if there is (or if the Player is later notified) that there is or has been a malfunction in an IWG or its interoperability, any Stake made during such malfunction shall be deemed invalid and the result, null and void, regardless of whether Winnings have been paid out. Winnings obtained by a Player in respect of a malfunctioning Instant Win Game shall remain the property of Vavamoney.com. Any Stake from said Winnings played in any subsequent Instant Win Game round or rounds and the resulting shall also be deemed invalid and any result, null and void. The Player is obliged to return any Winnings obtained under this clause immediately to Vavamoney.com, whether or not upon demand.
d. To the fullest extent permitted by law, Vavamoney.com disclaims all liability for any cost, expense loss, damage, claim and/or liability to the Player or any third party, howsoever arising, in relation to the Website or its content, or the Player’s use of the Website or participation in any Instant Win Game; including without limitation, delays or interruptions in operation or transmission, loss or corruption of data, communication or lines failure, any person's misuse of the site or its content or any errors or omissions in content. In any case, Vavamoney.com’s maximum liability arising out of or in connection with any of the foregoing events, whether in contract, tort, breach of warranty or otherwisein any particular instance.
15. Rights of Vavamoney.com
A Player is not entitled to claim any Winnings or receive a payout from Vavamoney.com may at its discretion decide about the validity of a Participation, an Instant Win Game or a Player's entitlement to Winnings or void a Participation if: i. Participations were placed after the relevant deadline or after the start of the relevant Betting Event; ii. Participations were erroneously accepted after the relevant deadline or if the relevant Tournament had already begun or taken place; iii. Vavamoney.com becomes aware of an error in relation to that Participation, a Tournament or an Instant Win Game; iv. the Participation was placed on behalf of a Player or the Instant Win Game was played 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 Participation was placed on behalf of a Player or the Instant Win Game was played by a Player who has been involved in any fraud-related activities in relation to the placing of the Participation, the operation of the Player Account or otherwise in connection with the Website or the services available through it; vi. the Participation was placed on behalf of a Player or the Instant Win Game was played by a Player who was less than 18 years old or was a director, officer, or employee (or their spouse or dependant) of Vavamoney.com or of one of the Vavamoney.com 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 Tournamentis declared by the relevant organiser or operator as being invalid.
When deciding if Winnings are to be paid out due to 14.1., Vavamoney.com may base its decision on information held by Vavamoney.com and/or that is researched. Vavamoney.com is not obliged to carry out investigation on its own. In particular, all tier 1 payouts in respect of Participations on the outcome of tournaments are subject to enhanced player verification, third party audits on win validation and payout by the underlying insurers.
Vavamoney.com may claim back Winnings, that have been paid out already, from the Player where any of the circumstances
If any Participation or Instant Win Game is voided in accordance with 14.1. (i), (ii), or (iii), Vavamoney.com will offer the Player the option of placing any such Participation on the next relevant Tournamentor crediting the Player's Player Account with the relevant sum. If any Participation or Instant Win Game is otherwise voided by Vavamoney.com in accordance with this clause, the relevant sum associated with that Participation or Instant Win Game may be forfeited; or in the case where the Participation was placed by a Player who was under the age of 18 at the time of placing the Participation, the relevant sum will be returned to the Player.
Vavamoney.com reserves the right i. to set off against a Player's Winnings the amount of any unpaid Participations or Instant Win Games for Participations or Instant Win Games owed by that Player; ii. to terminate, vary or suspend any product offered on the Website, immediately and without prior notice, for any other reason at Vavamoney.com’s sole discretion; iii. to pay Winnings partly or fully in instalments at Vavamoney.com’s sole discretion and iv. to require that a Player provides identification documents in order to enable Vavamoney.com 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. Vavamoney.com may withhold payment of Winnings until any such matter has been solved to Vavamoney.com’s reasonable satisfaction.
Vavamoney.com decides about acceptance of a Player’s Participation prior to the beginning of the Betting Event. If Vavamoney.com does not accept a Participation, Vavamoney.com will offer the Player the option of placing any such Participation on the next relevant Betting Event.
Vavamoney.com’s complaints procedure has three levels. For levels 1 to 3, the Player may contact Customer Service via email at CONTACT@vavamoney.com or instant text chat provided by Vavamoney.com.Each correspondence shall be marked as “Complaint” and shall receive a reference number, provided that Vavamoney.com has allocated a reference number to the relevant complaint.
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 or the Head of VIP. In level 3 the complaint will be dealt with by the legal department of Vavamoney.com.
In case the Player is not satisfied with the result of their complaint they can contact the admin panel via email (admin@Vavamoney.com.com)
17. Commitment of Decisions
In the event of a dispute in respect of a Participation or the payment or awarding of any Winnings, Vavamoney.com may withhold payment of the Winnings until any dispute has been resolved to Vavamoney.com’s reasonable satisfaction.
Where Vavamoney.com makes a final decision or exercises any discretion referred to above Vavamoney.com may, solely at its discretion and notwithstanding Condition 15, reimburse the sum paid by the Player for the relevant Participation or Instant Win Game or offer a new Participation or Instant Win Game to the Player.
18. General Liability and Force Majeure
Vavamoney.com 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
i. for any loss of revenue, business, anticipated savings or profits (whether direct or indirect); or
ii. for 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.
Nothing in these Terms and Conditions affects Vavamoney.com’s liability for cases of death and personal injury due to negligence of Vavamoney.com.
Without prejudice to any other provision of these Terms and Conditions, Vavamoney.com shall not be liable to any person
i. for 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. for 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. for delays, losses, errors or omissions in or made by the postal or other delivery service or by the banking system;
iv. for any other action or event that prevents or hinders the acceptance of a Participation;
v. for the refusal to sell a Participation or Instant Win Game to any person or to allow any person to place a Participation or play an Instant Win Game; or
vi. for any losses caused to Players including misuse or unauthorised use of Passwords, money lost by placing Participations or playing Instant Win Games and failure or malfunction of the equipment or technology of the relevant Player or their Internet service provider.
19. Liability of Vavamoney.com
Vavamoney.com endeavours to ensure that the Website and the services available through it are available to Players as much as is reasonably possible, but Vavamoney.com 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, Vavamoney.com 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 Vavamoney.com to place a Participation on the relevant Tournament 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.
Vavamoney.com 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 Vavamoney.com 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.
Vavamoney.com shall not be liable for any loss or damage that may arise from the insolvency of third parties, including any bank, including (without limitation) any bank with which a third party supplier maintains their accounts.
Vavamoney.com is not obliged to payout Winnings, if the Player has no such claim according to these Terms and Conditions.
Any liability that Vavamoney.com has towards a Player, other than an obligation to pay Winnings to the Player for successful and valid Participations submitted and accepted by Vavamoney.com according to these Terms and Conditions, is limited, (i) in the case that the liability refers to a Participation: to the total amount of the Player’s Stake in regards to that specific Participation
The agreement Participationween (i) the Player and Vavamoney.com in regards to this Website and the therein offered services contains:
i. these Terms and Conditions;
iii. the explanations and clarifications appearing on the Website.
Vavamoney.com regards the agreement and its components as appropriate and fair.
Vavamoney.com 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.
All transactions including placement or acceptance of any Participation or the payment of Winnings whether contractual or otherwise between Players and Vavamoney.com shall be deemed to be concluded and to take place in India
All players are informed that all the draws are done by vavamoney.com’s server which is located outside India
These Terms and Conditions, the relationship Participationween Players and Vavamoney.com and each Participation and each Instant Win Game shall be governed by and construed in accordance with the laws of India. Each Participation is placed and received and each Instant Win Game is played in India.
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.
The Player submits herewith to the exclusive jurisdiction of the India courts in relation to all disputes arising in connection with these Terms and Conditions or any Participation submitted on the Website.
Internet gaming may be illegal in some jurisdictions or its legality may be in doubt. Each Player acknowledges and accepts that Vavamoney.com cannot and does not give any legal advice or assurances or make any representation of any kind in respect of the legality of using their services in the jurisdiction where Players reside or are located. It is the Player’s sole responsibility to know whether internet gaming is legal in the jurisdiction where they reside or are located.
Vavamoney.com will not be liable for any illegal or unauthorised use of the Website or their respective services.
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.
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.
All promotions, bonuses or special offers are subject to these Terms and Conditions and any promotion-specific terms and conditions which Vavamoney.com may introduce from time to time in conjunction therewith. In case of a conflict Participationween 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.
These Terms and Conditions and the promotion-specific terms and conditions override any contrary statements made by Vavamoney.com’s customer services, affiliates, agents or anyone else. The Player must read and understand them before using the Website.
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. Vavamoney.com will send its notices to the Player at the email address specified in the Player's Player Account.
Vavamoney.com 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 Vavamoney.com's or the Player's respective rights or obligations. For the avoidance of doubt, Vavamoney.com may transfer and assign any contract Participationween Vavamoney.com and a Player to any third party (including an affiliated company of Vavamoney.com) in conjunction with the transfer of all or part of the business and assets of Vavamoney.com.
Any purported assignment, transfer, sub-contracting, delegation, charging or dealing in contravention of these Terms and Conditions by the Player shall be 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.
Any omission to exercise, or delay in exercising, any right or remedy under these Terms shall not constitute a waiver of that, or any other, right or remedy. The waiver by Vavamoney.com of any of its rights or remedies arising under these Terms and Conditions or by law shall not constitute a continuing waiver of that right or remedy or a waiver of any other right or remedy.