Terms and conditions

Updated: 25.05.2018

DEFINITIONS

goalbonanza.com is referred to as 'we' or 'us'
'player', 'players' and 'the player' is referred to as "you" or 'player', 'players' and 'the player'
'the website' means goalbonanza.com through desktop, mobile or other platforms utilized by the player
'goalbonanza game', ‘goalbonanza’ and ‘the game’ is referred to as the fantasy football game organized by us on the website.
'game rules' is referring to the rules of the 'goalbonanza game' or ‘goalbonanza’ or “the game”
'GOAL’, ‘GOAL token' and ‘token’ is referring to the cryptocurrency (ERC-20 compatible token build on Ethereum blockchain) that is used as a digital currency in the goalbonanza game.

TRADEMARK DISCLAIMER: ALL THIRD-PARTY TRADEMARKS (INCLUDING LOGOS AND ICONS) REFERENCED ON OUR WEBSITE REMAIN THE PROPERTY OF THEIR RESPECTIVE OWNERS. UNLESS SPECIFICALLY IDENTIFIED AS SUCH, THE USE OF THIRD PARTY TRADEMARKS ON OUR WEBSITE DOES NOT INDICATE ANY RELATIONSHIP, SPONSORSHIP, OR ENDORSEMENT BETWEEN GOALBONANZA.COM AND THE OWNERS OF THEESE TRADEMARKS. ALL REFERENCES ON OUR WEBSITE TO THIRD PARTY TRADEMARKS ARE TO IDENTIFY THE CORRESPONDING THIRD PARTIES AND INDTENDED TO CONSTITUTE NOMINATIVE FAIR USE UNDER THE APPLICABLE TRADEMARK LAWS.

1. INTRODUCTION
1.1. By using and/or visiting any section (including sub-domains) of the Website, you agree to be bound by (i) these Terms and Conditions; (ii) our Privacy Policy; (iii) our Cookies Policy and (iv) the Rules applicable for participation in the fantasy football lottery game organized by us as further referenced in Section 3 below (together the "Terms") and are deemed to have accepted and understood all the Terms. Please read the Terms carefully and if you do not accept the Terms, do not use the Website. The Terms shall also apply to all downloadable applications to a mobile device.
1.2. These Terms and Conditions come into force as soon as you complete the registration process, which includes checking the box accepting these Terms and Conditions and successfully creating an account. By using any part of the Website following account creation, you agree to these Terms and Conditions.
1.3. You must read these Terms and Conditions carefully in their entirety before creating an account. If you do not agree with any provision of these Terms and Conditions, you must not create an account or continue to use the Website.
1.4. We are entitled to make amendments to these Terms and Conditions at any time and without advanced notice. If we make such amendments, we may take appropriate steps to bring such changes to your attention (such as by email or placing a notice on a prominent position on the Website, together with the amended terms and conditions) but it shall be your sole responsibility to check for any amendments, updates and/or modifications. Your continued use of Goalbonanza.com services and Website after any such amendment to the Terms and Conditions will be deemed as your acceptance and agreement to be bound by such amendments, updates and/or modifications.
1.5. These Terms and Conditions may be published in several languages for informational purposes and ease of access by players. The English version is the only legal basis of the relationship between you and us and in the case of any discrepancy with respect to a translation of any kind, the English version of these Terms and Conditions shall prevail.

2. BINDING DECLARATIONS
2.1. By agreeing to be bound by these Terms and Conditions, you also agree to have full capacity to enter into a legally binding agreement with us and you are not restricted by any form of limited legal capacity;
2.2. You participate in the game strictly in your personal and non-professional capacity; and participate for recreational and entertainment purposes only;
2.3. You will not use our services while located in any jurisdiction that prohibits participation in fantasy sports gaming that utilizes a cryptocurrency for participation in the competition.
2.4. You understand that GOAL tokens are not considered a legal currency or tender and as such on the website they are treated as virtual funds or goods with no intrinsic value on the website.
2.5. In relation to deposits and withdrawals of GOAL tokens into and from your user account, you shall only use GOAL tokens that are valid and lawfully belong to you;
2.6. The computer software, the computer graphics, the website and the user interface that we make available to you is owned by goalbonanza.com or its associates and is protected by copyright laws. You may only use the software for your own personal, recreational uses in accordance with all rules, terms and conditions we have established and in accordance with all applicable laws, rules and regulations;
2.7. You accept and acknowledge that we reserve the right to detect and prevent the use of prohibited techniques, including but not limited to fraudulent transaction detection and automated registration and signup. These steps may include, but are not limited to, examination of players device properties, detection of geo-location and IP masking, transactions and blockchain analysis;

3. YOUR USER ACCOUNT
3.1. For you to be able to participate in the fantasy football game organized by us, you must first personally register an account with us (“user account”).
3.2. We do not wish to and shall not accept registration from persons resident in jurisdictions that prohibit you from participating in gaming, and/or games of skill, for and/or with GOAL tokens. By registering an account with us you confirm that you're not using any 3rd party software to access our sites from jurisdictions that are prohibited, please refer to section 3.3 for more information.
3.3. You are aware that the right to access and use the website and any products there offered, may be considered illegal in certain countries. We are not able to verify the legality of service in each and every jurisdiction, consequently, you are responsible in determining whether your accessing and using our website is compliant with the applicable laws in your country and you warrant to us that participation in online gaming, fantasy sports, and/or games of skill is not illegal in the territory where you reside.
3.4. When attempting to open an account or using the Website, it is the responsibility of the player to verify whether online gaming, fantasy sports, and/or games of skill is legal in that particular jurisdiction. If you open or use the Website while residing in a Restricted Jurisdiction: your account may be closed by us immediately.
3.5. We do not wish to and shall not accept registration from persons resident in jurisdictions that prohibit you from participating in online gaming, fantasy sports, and/or games of skill, for and/or with GOAL tokens. By registering an account with us you confirm that you're not using any third-party software to access our sites from jurisdictions that are prohibited, please refer to section 3.3 for more information.
3.6. You can have only one user account. If you attempt to open more than one user account, all your accounts may be blocked, suspended or closed and any GOAL tokens credited to your account/s will be frozen.
3.7. If you notice that you have more than one registered user account, you must notify us immediately. Failure to do so may lead to your user account being blocked.
3.8. You will inform us as soon as you become aware of any errors with respect to your account or any calculations with respect to any bet you have placed. We reserve the right to declare null and void games that are subject to such an error.
3.9. We reserve the right to delete player accounts that have been inactive for more than 6 months.
3.10. As part of the registration process, you will have to choose a username and password for your login into the Website(s). You will have to choose a username which is not disruptive or offensive. It is your sole and exclusive responsibility to ensure that your login details are kept securely. You must not disclose your login details to anyone. We are not liable or responsible for any abuse or misuse of your user account by third parties due to your disclosure, whether intentional, accidental, active or passive, of your login details to any third party.
3.10. We do not require you to submit an e-mail address to register an account on the website.
3.11. You acknowledge and understand that we will not be able to help you recover any “forgotten passwords” if you don't submit a valid e-mail address. It is your sole responsibility to ensure that you store and remember your username and password for your login into the Website(s). Failing to do so will result in your inability to access your account on The Website and account loss.


4. GOALBONANZA GAME RULES
4.1. Goalbonanza is a type of fantasy football game where players compete with other players based on the statistical performance of successful predictions of final scores in actual football games based on a lottery system with 10 available final score outcomes. This performance is converted into score (hereinafter the "goalbonanza score"). that is compiled and calculated by a proprietary mathematical formula based on the performance indicators that are accomplished by each player in a time frame defined on the website on the "Hall of Fame" page of the website. Please refer to section 4.2 for more definition of the performance indicators and to section 4.3 for more information on the proprietary mathematical formula used to calculate the goalbonanza score.
4.2. The following performance indicators are used in the proprietary mathematical formula to calculate the goalbonanza score:
4.2.1. LEVEL: Player’s status based on number of bets the user made playing goalbonanza. Please refer to the following page for more information on the different levels: https://goalbonanza.io/en/levels-info and on the following page for each account’s level: https://goalbonanza.io/en/leaderboard. Player will get the following number of points based on their level:

• Newbie: 1 point
• Apprentice: 2 points
• Professional: 3 points
• Expert: Score 4 points
• Veteran: 5 points

4.2.2. BADGES: Set of achievements that a player can accomplish in the game by playing the game. Please refer to the following page for more information: https://goalbonanza.io/en/achievements and on the following page for each account’s number of won badges: https://goalbonanza.io/en/leaderboard. Each badge is worth 1 points and a player can have from 0 to maximum 40 points.

4.2.3. FOLLOWERS: Number of players that are following the activities in the game of the player’s account. Please refer to the following page for the total number of followers of each account in the game: https://goalbonanza.io/en/leaderboard. Each follower is worth 1 point.

4.2.4. BETS: Total number of bets made by the player in the game. Please refer to the following page for the total number of bets a player made in the game: https://goalbonanza.io/en/leaderboard.

4.2.5. WON: Total number of bets won by the player made in the game. Please refer to the following page for the total number of won bets a player made in the game: https://goalbonanza.io/en/leaderboard.

4.2.6. BIGGEST WIN: A successful bet where the player won the highest number of GOAL tokens. Please refer to the following page for biggest win a player made in the game: https://goalbonanza.io/en/leaderboard.

4.2.7. TOTAL WINNINGS: The sum of GOAL tokens won as a result of from all the successful bets a player made in the game. Please refer to the player’s total winnings on the following page: https://goalbonanza.io/en/leaderboard.

4.3. The following proprietary mathematical formula will be used to calculate a player’s goalbonanza score based on the players performance indicators defined in section 4.2.

Proprietary mathematical formula used to calculate the goalbonanza score
Key Performance Indicator Description Mathematical Calculation
KPI 1 Predictions Total winnings / Biggest win
KPI 2 Success rate (Won Bets / Total Bets) x 100
KPI 3 Skills & Knowledge KPI 2 / KPI 1
KPI 4 Status & Achievements Level x Badges
KPI 5 Influence Followers / 100
Score Game score (KPI 3 x KPI 4) + KPI 5

4.4. Predictions points used in KPI 1 and KPI 2 in the proprietary mathematical formula are collected by making final score predictions on the football games available for playing on the website where 1 GOAL token won as result of a successful bet is worth 1 point.

4.5. You accept and acknowledge that the Goalbonanza fantasy football competition will officially start on September 1st, 2018 with monthly competitions in each calendar month.

4.6. You accept and acknowledge that we reserve the right to select and decide which football games will be available for betting and generating points on the website.

4.7. Players will be able to make predictions by betting on at least 1 out of 10 available options in each football game available on the website. Please refer to section 4.7 for the list of available final score outcomes a player can chose from.

4.8. This is the list of available options a player can bet on in order to successfully predict the final score of a football game available for playing on the website.

Outcome Game result
Outcome 1 Home team win 1:0
Outcome 2 Home team win 2:0
Outcome 3 Home team win 2:1
Outcome 4 Draw 0:0
Outcome 5 Draw 1:1
Outcome 6 Draw 2:2
Outcome 7 Away team win 0:1
Outcome 8 Away team win 0:2
Outcome 9 Away team win 1:2
Outcome 10 Goalbonanza - any other final score


4.9. You will be able to make bets with GOAL tokens using them as virtual currency on the website to make predictions and collect points that are used to calculate the goalbonanza score.

4.10. The minimum bet per outcome is 100 GOAL tokens.

4.11. The minimum amount bet is subject to regular review and may change without prior notice.

4.12. Every football game on the website available for betting will have a starting bounty of 10 tokens per outcome or a total of 100 GOAL tokens.

4.13. The game bounty is subject to regular review and may change without prior notice.

4.14. The players that successfully predict the final score of a football game will split the total tokens wagered on that football game proportionally after the house retainer is deducted from the pot. For example, If the house retainer is 5%, there are total of 100,000 GOAL tokens wagered on a football game, and 10,000 GOAL tokens wagered on 1 : 0 home win, should the game end with 1 : 0 home win, every GOAL token wagered on 1 : 0 home win will generate returns of 9.5 GOAL tokens. So, if a player wagered 1,000 GOAL tokens on 1 : 0 home win, he will win 9,500 GOAL tokens.

4.15. We will retain 9.75% of wagered tokens from each football game available for playing.

4.16. The retainer is subject to regular review and may change without prior notice.

4.17. The available football games on the website are open for predictions until the official start of the football game.

4.18. The final scores on the website will be closed within 24 hours from the official end of the football game.

4.19. The final score of a football game in the Goalbonanza game is the 90 minutes result. Extra time results will not be taken into account.

4.20. Winnings will be paid into your account after the football game final result is confirmed.

4.21. Postponed and/or abandoned football games will be voided on the website and all bets will be voided and GOAL tokens refunded back to the players’ accounts.

4.21 When you place a bet, you acknowledge that you have read and understood in full all of these Terms and Conditions regarding the bet as stated on the Website.

4.22 You acknowledge that the token funds in your account are consumed instantly when playing and we do not provide return of goods, refunds or retrospective cancellation of your account.

4.23 Goalbonanza.com platform manages your account, calculates the available token funds, the pending token funds, as well as the amount of winnings. Unless proven otherwise, these amounts are considered as final and are deemed to be accurate.

5. DEPOSITS
5.1. You may participate in any game only if you have sufficient GOAL tokens on your user account for such participation. We shall not give you any credit whatsoever for participation in any Game.
5.2. The minimum deposit amount is 500 GOAL tokens. All smaller deposits will be void.
5.3. To deposit funds into your user account, you can transfer funds from your personal wallets or other ERC-20 compatible wallets. You may also use the PayPal service to buy token vouchers that you will later redeem on the website.

6. WITHDRAWALS
6.1. Withdrawals will be made to your stated ERC-20 compatible wallet address. Withdrawals make take up to 48 hours to complete.
6.2. The minimum withdrawal amount is 1000 GOAL tokens. All smaller withdrawals will be void.
6.3. The minimum withdrawal amount is subject to regular review and may change without prior notice. However, in event of minimum withdrawal amount change, all initiated withdrawal requests will be processed as per the minimum withdrawal amount at the time when the withdrawal request was made.
6.4. If we mistakenly credit your user account with winnings that do not belong to you, whether due to a technical, or human error or otherwise, the amount will remain our property and will be deducted from your user account. If you have withdrawn funds that do not belong to you prior to us becoming aware of the error, the mistakenly paid amount will (without prejudice to other remedies and actions that may be available at law) constitute a debt owed by you to us. In the event of an incorrect crediting, you are obliged to notify us immediately by email.


7. CLOSING OF USER ACCOUNTS
7.1. If you wish to close your user account, you may do so at any time, by contacting customer support in written form. The effective closure of the Account will correspond to the termination of the Terms and Conditions.
8. MISSCARRIED AND ABORTED GAMES
8.1. Goalbonanza.com is not liable for any downtime, server disruptions, lagging, or any technical or political disturbance to the game play. Token refunds may be given solely at the discretion of goalbonanza.com management.
8.2. We shall accept no liability for any damages or losses which are deemed or alleged to have arisen out of or in connection with the website or its content; 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.
8.3. In the event of a system malfunction all wagers are void.

10. BONUSES, PROMOTIONS AND REWARDS
10.1. Goalbonanza will, from time to time, reward players for achieving certain milestones and targets in the game. These achievements and targets and the rewards respectfully are described on the following pages: https://goalbonanza.io/en/levels-info and https://goalbonanza.io/en/achievements.
10.2. We reserve the right to change the rewards at any given time without prior notice. The effective rewards will always be displayed on the following pages: https://goalbonanza.io/en/levels-info and https://goalbonanza.io/en/achievements.
10.3. We reserve the right to change and expand the achievements and targets at any given time without prior notice. The effective structure of achievements and targets will be displayed on the following pages: https://goalbonanza.io/en/levels-info and https://goalbonanza.io/en/achievements.
10.4. Goalbonanza.com reserves the right to cancel any reward or reward program (including, but not limited to level rewards, achievement rewards, deposit bonuses, and loyalty program) with immediate effect if we believe the bonus and/or reward has been set up incorrectly or is being abused, and if said bonus and/or reward has been paid out then we reserve the right to decline any withdrawal request and to deduct such amount from your account. Whether or not a bonus or reward is deemed to be set up incorrectly or abused shall be determined solely at the discretion of Goalbonanza.com.
10.5. You acknowledge and understand that separate terms and conditions exist with respect to promotions, bonuses and special offers, and are in addition to these terms and conditions. These terms and conditions are set forth in the respective content page on this website (goalbonanza.com), or have been delivered to you personally, as the case may be. In the event of a conflict between the provisions of such promotions, bonuses, rewards and special offers, and the provisions of these terms and conditions, the provisions of such promotions, bonuses, rewards and special offers will prevail.
10.6. Certain promotions may be subject to withdrawal and/or cancellation and may only be available for specific periods and on certain specific terms. You must ensure that the promotion you are interested in is still available, that you are eligible, and that you understand any terms which apply to it.

11. REFERRAL PROGRAM
11.1. For the purpose of attracting new Users the website introduces a Referral program (hereinafter the "Program"). The Program provides Users with the opportunity to refer other individuals to join the website as new Users.
11.2. To be eligible to participate in the Referral Program as a referrer, you must be registered on the website. Under the Program, the website provides you with a unique referral link that can be distributed to other individuals to become referred Users. You are provided with a personal referral program page (https://goalbonanza.com/en/referral-program) to check the status of your referrals and manage your rewards.
11.3. In order for a new user to be registered as a referred player on the website, he/she must visit the website using your referral link and create an account in the next 30 days. Cookies must be enabled on the browser of the new user to associate this account as your referral.
11.4. After a referred user creates an account on the website, the referred user gets 10 FREE tokens as a reward for creating an account. You will receive commission of the referred users’ token winnings on an ongoing basis:
Referrer’s level Referrer’s commission
Newbie 0 %
Apprentice 0.5 %
Professional 1.0 %
Expert 2.0 %
Veteran 3.0 %

11.5. All referral program token remunerations will be added automatically to your account and can be used at your discretion in accordance with present Terms and Conditions.
11.6. When distributing, promoting or communicating your referral code(s), you must agree to the following restrictions:
11.6.1. No spamming. You agree that you will not "spam" anyone with invitations to join Goalbonanza.com, and that at all times you will remain compliant with all applicable laws. The following specific activities are prohibited:
11.6.1.1. Mass emailing, texting or messaging people you do not personally know;
11.6.1.2. Use of automated systems or bots through any channel to distribute, post or respond to your referral code;
11.6.1.3. Use of scripts, programed or automatic dialers to send invites or to communicate referral codes;
11.6.2. Posting referral codes on event or venue pages without express permission from the owner.
11.6.3. No misrepresentations. You agree you will not attempt to mislead anyone in connection with the referral program, either by affirmative representation, implication, or omission. In particular, you agree that you will not:
11.6.3.1. Impersonate any person or entity;
11.6.3.2. Create fake accounts, blogs, webpages, profiles, websites, links or messages;
11.6.3.3. Misrepresent your relationship with Goalbonanza.com or any other third party;
11.6.3.4. Suggest that an affiliation or partnership exists with a third party where none exists. Make misrepresentations with respect to the characteristics or qualification requirements for any referral rewards.
11.6.4. No prohibited content. You agree that you will not use our brand/s in connection with:
11.6.4.1. Disparaging or defamatory content concerning our brand or third parties;
11.6.4.2. Content which promotes racism, bigotry, hatred, discrimination or physical harm of any kind against any group or individual;
11.6.4.3. Offensive, abusive, intimidating or harassing content;
11.6.4.4. Content that is sexually explicit, obscene and/or contains nudity;
11.6.4.5. Any political and/or religious statement;
11.6.4.6. Content containing images or reference to drugs, alcohol, tobacco, weapons or firearms;
11.6.4.7. Content that violates someone else’s privacy.
11.6.5. Other restrictions. You also agree that you will not:
11.6.5.1. Create websites, domains, URLs, social media handles or email addresses containing the word "Goalbonanza" and Goal Bonanza;
11.6.5.2. Engage in fraudulent activity. You agree that you and your referrals will not defraud or abuse (or attempt to defraud or abuse) Goalbonanza.com, the terms of the Goalbonanza.com referral program, or any invited users.
11.6.6. We reserve the right to disqualify any player and/or cancel any reward(s) we deem to be violating these terms and conditions. referrals generated by a script, macro or other automated means will be disqualified.
12. LIMITATION OF LIABILITES
12.1. You enter the Website and participate in the Games at your own risk. The Websites and the Games are provided without any warranty whatsoever, whether expressed or implied.
12.2. Without prejudice to the generality of the preceding provision, we, our directors, employees, partners, service providers
12.2.1. Do not warrant that the software, Games and the Websites are fit for their purpose;
12.2.2. Do not warrant that the software, Games and the Websites are free from errors;
12.2.3. Do not warrant that the software, Games and the Websites will be accessible without interruptions
12.2.4. Shall not be liable for any loss, costs, expenses or damages, whether direct, indirect, special, consequential, incidental or otherwise, arising in relation to your use of the website or your participation in the goalbonanza game.
12.3. You understand and acknowledge that, if there is a malfunction on the website or its interoperability, any bets made, and GOAL token funds obtained during such a malfunction shall be void.
12.4. You hereby agree to fully indemnify and hold harmless us, our directors, employees, partners, and service providers for any cost, expense, loss, damages, claims and liabilities howsoever caused that may arise in relation to your use of the Website.
13. BREACHES, PENALTIES AND TERMINATION
13.1. If you breach any provision of these Terms and Conditions or we have a reasonable ground to suspect that you have breached them, we reserve the right to not open, to suspend, or to close your user account, or withhold withdrawal of GOAL tokens.
14. SEVERABILITY
14.1. If any provision of these Terms and Conditions is held to be illegal or unenforceable, such provision shall be severed from these Terms and Conditions and all other provisions shall remain in force unaffected by such severance.
15. ASSIGNMENT
15.1. We reserve the right to assign or otherwise lawfully transfer this agreement. You shall not assign or otherwise transfer this agreement.
16. ENTIRE AGREEMENT
16.1. These Terms and Conditions constitute the entire agreement between you and us with respect to the Website and, save in the case of fraud, supersede all prior or contemporaneous communications and proposals, whether electronic, oral or written, between you and us with respect to the Website.
17. COMPLAINTS AND DISPUTIES
17.1. If you have a complaint to make regarding our services, you may contact our customer support by email via the address provided on the website. We will endeavor to resolve the matter promptly.
17.2. In the event of any dispute, the decision of goalbonanza.com will be final.