Terms and Conditions

For participation in the affiliate (partner) program of betvam.bg

1. General Provisions

Art.1. Betvam.bg is an online platform for organizing gambling games on the Internet, operated by the commercial company “BETVAM Online” Ltd., UIC 208446985, with registered office and management address: Sofia, Oborishte District, 88 Knyaz Aleksandar Dondukov Blvd., Floor 8, Office Apt. 7, licensed in accordance with the applicable legislation of the Republic of Bulgaria, hereinafter referred to as the “Organizer” or the “Company”. Art.2. These Terms and Conditions govern the rules and procedure for participation in the Organizer’s affiliate (partner) program and regulate the relationship between the Organizer and the approved legal entities, hereinafter referred to as “Partner” or “Partners”, in connection with promoting the Organizer’s services and attracting customers through permitted online marketing channels, in strict compliance with these Terms and Conditions and the applicable legislation. —

2. Participation in the Affiliate Program

Art.3. (1) Any person wishing to become a Partner shall submit an application for participation through an online registration form provided by the Organizer. (2) By submitting the application, the applicant declares that they provide true, accurate, and up-to-date information and that they are familiar with and accept these Terms and Conditions. (3) The Organizer reviews the application and notifies the applicant of approval or rejection within a reasonable period. (4) Approval of the application constitutes acceptance of the offer to enter into an agreement for participation in the affiliate program. (5) The Organizer reserves the right, at its sole discretion, to reject an application without providing reasons. —

3. Commission Remuneration

Art.4. The Partner is entitled to commission remuneration based on the net revenue generated by customers attracted by the Partner to the Organizer’s website, under the terms of this section. Art.5. (1) The commission remuneration is determined as a fixed percentage of 30% (thirty percent) of the net revenue generated by the customers referred by the Partner. (2) This percentage applies as a standard condition for all Partners unless otherwise explicitly agreed in advance in written form. Art.6. The right to receive commission remuneration for the relevant reporting period arises only if all of the following conditions are met simultaneously:

1. The Partner has attracted at least 3 (three) newly registered customers within the relevant calendar month;
2. The accumulated commission payable amounts to no less than EUR 100 (one hundred euros) or its equivalent in Bulgarian leva according to the exchange rate of the Bulgarian National Bank on the payment date.

Art.7. (1) If the conditions under Art.6 are not met, the commission for the relevant reporting period shall not be paid, and the accumulated amount will be carried over to the next reporting period. (2) If a negative commission balance is formed for a reporting period, it shall also be carried over to the next reporting period (negative carryover), and no commission payment shall arise until fully compensated. Art.8. Commission remuneration shall be paid by the 15th day of the month following the reporting period via bank transfer to the Partner’s specified bank account. —

4. Participation of Customers Registered Through a Partner

Art.9. A valid referred customer is an individual who has registered on the Organizer’s website through a unique link or code provided to the Partner. Art.10. The Organizer reserves the right to refuse registration or close a customer account in case of non-compliance with legal requirements, the website’s General Terms, or suspicion of abuse. —

5. Rights and Obligations of the Partner

Art.11. The Partner undertakes to promote the Organizer’s services in good faith, lawfully, and in accordance with these Terms and Conditions. Art.12. The Partner bears full responsibility for the content, method, and channels through which they advertise the Organizer’s services. Art.13. The use of misleading advertising, spam, unauthorized commercial practices, and any actions that may damage the Organizer’s reputation is strictly prohibited. Art.13a. Inactive Affiliate Account (1) An affiliate account is considered inactive when, for a period of six (6) consecutive calendar months, no new registered customers have been attracted through the Partner’s affiliate links and/or no substantial marketing activity has been carried out. (2) Upon establishing inactivity, the Organizer has the right to restrict access to the affiliate program or terminate the Partner’s participation with written notice. (3) In the event of termination due to inactivity, the Partner shall not be entitled to claim future commissions, while rules for settlement of already accrued and payable amounts shall apply. —

6. Rights and Obligations of the Organizer

Art.14. The Organizer undertakes to provide technical means for tracking referred customers and generated net revenue through an affiliate system. Art.15. The Organizer reserves the right to amend or supplement these Terms and Conditions at any time, wholly or partially, by notifying Partners via email or by publishing the amendments on its website. Continued participation after the amendments enter into force shall be considered acceptance thereof by the Partner. —

6a. Marketing Restrictions and Permitted Practices

Art.15a. The Partner may use only lawful, fair, and ethical marketing practices to promote the Organizer’s services. Art.15b. The following is prohibited:

1. misleading or false information regarding the Organizer’s services, bonuses, or conditions;
2. aggressive commercial practices, including forced calls for registration;
3. spam messages, including mass emails without prior consent from recipients;
4. advertising targeted at persons below the legally established gambling age.

Art.15c. The Partner may not:

1. register domains, subdomains, social media profiles, or other digital assets containing or resembling the Organizer’s trademark, domain, or name;
2. use the Organizer’s trademark or similar signs in paid advertising campaigns, including PPC, SEO, or other forms of paid search (brand bidding), without the Organizer’s explicit prior written consent.

Art.15g. The Partner must use only up-to-date promotional materials provided or approved by the Organizer. The Organizer may at any time request modification, updating, or removal of materials or practices that violate these Terms and Conditions or applicable law. —

7. Confidentiality and Data Protection

Art.16. The Partner undertakes not to disclose confidential information obtained in connection with participation in the affiliate program. Art.17. The parties undertake to comply with applicable legislation regarding personal data protection. —

8. Term and Termination

Art.18. The Partner’s participation arises from the date of approval by the Organizer. Art.19. Either party may terminate participation with one-month written notice. Art.20. The Organizer has the right to terminate participation immediately in case of breach of these Terms and Conditions or evidence of abuse. Art.21. Upon termination, the Partner must immediately remove all promotional materials and links to the Organizer’s website. Art.22. Financial relations between the parties shall be settled within 30 days from the termination date. —

9. Taxes and Fees

Art.23. Commission remuneration paid to the Partner includes VAT, where applicable under current legislation. Art.24. The Partner bears full responsibility for declaring and paying all due taxes, fees, and mandatory social security contributions arising from the received commission, including but not limited to income tax and VAT. Art.25. The Organizer bears no responsibility for the Partner’s tax obligations and does not withhold or pay taxes on behalf of the Partner unless required by applicable law. —

Additional Provisions

1. “Reporting period” means a period of one calendar month. 2. “Customer” means an individual registered on the Organizer’s website through the Partner. 3. “Net revenue” means the difference between all bets placed by customers referred by the Partner for the reporting period and:

1. winnings paid out to such customers;
2. fees and commissions due to gaming platform and software providers;
3. taxes, fees due to government authorities, and regulatory deductions;
4. reversed, disputed, or unsuccessful payments;
5. winnings generated through the use of bonus funds that do not represent real cash deposits.

4. These Terms and Conditions enter into force on the date of their publication on the Organizer’s website and may be amended in accordance with the procedure set forth herein.