Terms and Conditions

Participation in the Affiliate Program

Article 1

1. Any legal entity wishing to become an Affiliate shall submit an application for participation through the online registration form provided by the Operator.

2. By submitting the application, the applicant represents and warrants that all information provided is true, accurate, and up to date, and confirms that it has read, understood, and accepted these Terms and Conditions. The applicant shall promptly notify the Operator of any changes to the information or circumstances provided during the application process.

3. The Operator shall review the application and notify the applicant of its approval or rejection within a reasonable period.

4. Approval of the application shall constitute acceptance of the applicant’s offer to enter into an agreement for participation in the Affiliate Program.

5. The Operator reserves the right, at its sole discretion, to reject any application without being obliged to provide reasons for such decision.

Article 2

1. Upon completion of the application review, the Operator shall notify the applicant of its decision by electronic mail sent to the email address provided in the application.

2. Upon approval of the application, the applicant shall acquire the status of an Affiliate and shall assume all rights and obligations arising under these Terms and Conditions.

3. Where an application is rejected, the Operator shall notify the applicant in accordance with paragraph 1 of this Article.

4. The Operator shall cooperate exclusively with Affiliates that are duly registered and operate within the territory of the Republic of Bulgaria.

Term and Termination

Article 3

The Affiliate’s participation in the Program shall commence on the date the application is approved by the Operator.

Article 4

The Affiliate may terminate its participation in the Program by providing one (1) month’s prior written notice to the following email address: affiliates@betvam.bg

Article 5

The Operator shall have the right to terminate the Affiliate’s participation in the Program with immediate effect in the event of a breach of these Terms and Conditions or where there is reasonable evidence of fraud, abuse, or other unlawful conduct.

Article 6

Upon termination of participation in the Program, the Affiliate shall immediately remove all advertising materials, promotional content, tracking links, and references to the Operator’s website from all websites, platforms, and marketing channels under its control.

Article 7

Any outstanding financial obligations between the Parties shall be settled within thirty (30) days from the effective date of termination.

This wording follows the style commonly used in international iGaming Affiliate Agreements and is suitable for publication on an English-language affiliate portal.

Commission

Article 8

The Affiliate shall be entitled to receive a commission based on the Net Revenue generated by customers referred by the Affiliate to the Operator’s website, subject to the terms and conditions set forth in this Section.

Article 9

1. The Affiliate’s commission shall be calculated as a fixed 30% (thirty percent) Lifetime Revenue Share of the Net Revenue generated by customers referred by the Affiliate.

2. The above commission rate shall apply as the standard remuneration for all Affiliates, unless otherwise expressly agreed between the Parties in advance and in writing.

Article 9a

The commission payable to the Affiliate shall be exclusive of Value Added Tax (VAT) where applicable under the relevant legislation.

Article 9b

The Affiliate shall bear sole responsibility for declaring and paying all taxes, duties, charges, and other statutory obligations arising from the commission received under the Program.

Article 9c

The Operator shall not be responsible for the Affiliate’s tax obligations and shall not withhold, declare, or remit any taxes on behalf of the Affiliate, unless otherwise required by applicable law.

Article 9d

The Operator’s liability shall not exceed the amount of commission payable for the relevant Reporting Period.

Article 10

The Affiliate shall become entitled to commission payment for the relevant Reporting Period only if all of the following conditions are met:

1. The Affiliate has referred at least three (3) newly registered customers during the respective calendar month; and
2. The total commission accrued for payment is not less than EUR 100 (one hundred euros).

Article 11

1. If the conditions set out in Article 10 are not met, the commission for the relevant Reporting Period shall not be paid and the accrued amount shall be carried forward to the next Reporting Period.

2. Where a negative commission balance is generated during a Reporting Period, such balance shall be carried forward to the following Reporting Period (Negative Carryover). No commission shall become payable until the negative balance has been fully offset by future Net Revenue.

Article 12

Commission payments shall be made by the 30th day of the month following the relevant Reporting Period, by bank transfer and only upon receipt of a validly issued invoice.

Invoices shall be submitted to: affiliates@betvam.bg

Referred Customers

Article 13

A Qualified Referred Customer shall mean a customer who has successfully registered an account on the Operator’s website through the Affiliate’s unique tracking link or promotional code provided by the Operator.

Article 14

The Operator reserves the right to reject any registration, impose restrictions, suspend, or close a customer account where required by applicable law, the Operator’s General Terms and Conditions, or where fraud, abuse, or any other unlawful activity is reasonably suspected.

Rights and Obligations of the Affiliate

Article 15

The Affiliate shall promote the Operator’s products and services in good faith, lawfully, ethically, and in full compliance with these Terms and Conditions and all applicable laws and regulations.

Article 15b

The Affiliate shall not engage in any of the following activities:

1. Advertising or marketing directed at persons below the legal age for participation in gambling activities.
2. Sending unsolicited commercial communications (“spam”), including mass emails without the recipients’ prior consent.
3. Publishing false, misleading, deceptive, or inaccurate information regarding the Operator, its products, services, promotions, or bonus offers.
4. Using aggressive, misleading, or unfair commercial practices, including any form of coercive solicitation or forced customer registration.

Article 15c

The Affiliate shall not:

1. Register or use domain names, subdomains, social media profiles, websites, or any other digital assets containing or confusingly similar to the Operator’s name, trademarks, brand, or domain names.
2. Use the Operator’s trademarks, trade names, brand names, or similar identifiers in paid advertising campaigns, including Pay-Per-Click (PPC) advertising, Search Engine Optimization (SEO) activities, search engine marketing, brand bidding, or any similar paid search activity, without the Operator’s prior written consent.

Article 15d

The Affiliate shall use only marketing materials, promotional content, banners, creatives, and other advertising materials that have been provided or expressly approved by the Operator.

The Operator reserves the right, at any time, to require the Affiliate to modify, update, suspend, or remove any promotional materials or marketing practices that, in the Operator’s reasonable opinion, violate these Terms and Conditions or any applicable laws or regulations.

Article 15e

The Affiliate may publish and distribute promotional materials solely on licensed gambling websites and through lawful marketing channels approved by the Operator.

Article 15f

The obligations arising under the Program shall not constitute personal obligations of the shareholders, directors, officers, employees, or representatives of either Party.

Article 16

The Affiliate shall bear sole and exclusive responsibility for all content published on its websites, mobile applications, social media profiles, communication channels, and any other marketing platforms used in connection with the Program.

Article 17 – Inactive Affiliate Account

1. An Affiliate Account shall be deemed inactive where, for a period of six (6) consecutive calendar months, no new registered customers have been referred through the Affiliate’s tracking links or promotional codes and/or no substantial marketing activity has been carried out.

2. Where an Affiliate Account becomes inactive, the Operator may suspend the Affiliate’s access to the Program or terminate the Affiliate’s participation by providing written notice.

3. Following termination due to inactivity, the Affiliate shall not be entitled to claim future commission payments. Any commissions already accrued and payable shall be settled in accordance with these Terms and Conditions.

Article 19

Where the Affiliate fails to use the designated referral code, tracking link, promotional code, or any other tracking identifier correctly, completely, or at all, the corresponding customers shall not be attributed to the Affiliate’s account, and the Operator shall bear no liability for any resulting loss of commission.

Article 20

Each Affiliate may maintain only one (1) Affiliate Account within the Program.

Where an Affiliate operates more than one website, application, or promotional platform, all such websites and promotional channels must be disclosed during the application process or updated promptly within the Affiliate’s account.

Article 21

The Operator reserves the right, at any time, to verify the Affiliate’s compliance with these Terms and Conditions and to request any information, documentation, or evidence reasonably necessary to assess the Affiliate’s marketing activities and compliance with applicable laws and the Program requirements.

Rights and Obligations of the Operator

Article 22

The Operator shall provide and maintain the technical infrastructure necessary to track customers referred by the Affiliate and to calculate the Net Revenue generated through the Affiliate Program by means of the Operator’s affiliate tracking system.

Tracking and Reporting

Article 23

1. The Operator shall monitor the activity and wagering of Referred Customers and shall provide the Affiliate with monthly performance reports. The Affiliate shall be granted access to the Operator’s affiliate platform for the purpose of monitoring performance, tracking referred customers, and reviewing commission statistics.

2. In the event of any discrepancy between reports generated by the affiliate platform and the Operator’s internal systems, the Operator’s internal records and reports shall prevail and be deemed final and binding.

Confidentiality and Data Protection

Article 24

The Affiliate shall keep strictly confidential all confidential or proprietary information obtained in connection with its participation in the Program and shall not disclose such information to any third party without the Operator’s prior written consent, unless disclosure is required by applicable law.

Article 25

The Parties shall comply with all applicable legislation relating to the protection of personal data and privacy.

Article 26

The Operator shall not disclose, and shall have no obligation to disclose, to the Affiliate any personal data relating to customers, players, or other users of the Operator’s platform.

Article 27

Each Party shall process any personal data in accordance with the requirements of Regulation (EU) 2016/679 (General Data Protection Regulation – GDPR), the Bulgarian Personal Data Protection Act, and all other applicable data protection laws and regulations.

Additional Provisions

Article 28

1. Where the Operator has reasonable grounds to suspect fraud, abuse, or any conduct by the Affiliate that violates these Terms and Conditions, applicable law, or the Operator’s internal policies, the Operator shall be entitled to temporarily withhold the payment of any commissions or other amounts due for a period of up to one hundred and eighty (180) days, as may be reasonably necessary to investigate and resolve the matter.

2. If, following such investigation, the Operator determines that the Affiliate has committed a breach of these Terms and Conditions, engaged in fraudulent activity, or otherwise acted unlawfully, the Operator shall have the right to recalculate, reduce, or refuse payment of any commissions or other amounts due and to terminate the Affiliate’s participation in the Program in accordance with these Terms and Conditions.

Article 29

The Affiliate shall, at all times, comply with all applicable laws and regulations governing its activities and/or the activities of the Operator, including, without limitation, legislation relating to:

• anti-money laundering (AML);
• counter-terrorist financing (CTF);
• the prevention of the use of the financial system for money laundering or other criminal purposes; and
• the handling of funds and assets derived from criminal activity.

Article 30 – Governing Language

These Terms and Conditions are executed in both Bulgarian and English. Both language versions are provided for convenience and information purposes.

In the event of any discrepancy, inconsistency, ambiguity, or conflict between the Bulgarian and English versions, the Bulgarian version shall prevail and shall be deemed the governing version for the purposes of interpretation and enforcement.

Definitions

§1. Reporting Period

“Reporting Period” means a period of one (1) calendar month.

§2. Referred Customer

“Referred Customer” means any customer who registers an account on the Operator’s website through the Affiliate’s unique tracking link, referral link, or promotional code.

§3. Net Revenue (Net Gaming Revenue / NGR)

“Net Revenue” or “Net Gaming Revenue (NGR)” means the revenue generated by customers referred by the Affiliate during the relevant Reporting Period, calculated as the total value of all wagers placed by such customers less:

• winnings paid to those customers;
• fees and commissions payable to gaming platform and software providers;
• applicable taxes, regulatory levies, and mandatory government charges;
• chargebacks, cancelled, disputed, reversed, or unsuccessful payment transactions; and
• winnings generated from bonus funds where no real-money deposit has been made.

These Terms and Conditions shall enter into force on the date of their publication on the Operator’s official website and may be amended from time to time in accordance with the procedures set out herein.