11Wickets Fantasy Sports: Rake Policy

Introduction

This document outlines the policies governing "Rake in 11Wickets Fantasy Sports," a fantasy sports platform that allows users to create virtual teams based on real-life cricket matches and compete against other users. These policies aim to ensure fairness, transparency, and responsible gaming within the platform.

Definitions

   • Platform: Refers to the "Rake in Fantasy Cricket" website and mobile application.

   • User: Any individual who registers and uses the Platform.

   • Contest: A fantasy cricket competition hosted on the Platform.

   • Team: A virtual team created by a User.

   • Rake: The commission charged by the Platform on each Contest.

   • Points: Scores awarded to Users based on the real-life performance of their selected players.

   • Prize Pool: The total amount of winnings distributed among the winners of a Contest.

   • KYC: Know Your Customer, the process of verifying a User's identity.

   • Responsible Gaming: Practices and policies designed to promote safe and responsible participation in fantasy cricket.

3. User Registration and Eligibility

   • Users must be of legal age as per the laws of their jurisdiction to register and participate.

   • Users must provide accurate and complete information during registration.

   • Users are responsible for maintaining the confidentiality of their account credentials.

   • The Platform reserves the right to suspend or terminate accounts that violate these policies.

   • Users must complete KYC before any withdrawals are permitted.

4. Contest Participation and Team Creation

   • Users can participate in various Contests offered on the Platform.

   • Users must adhere to the rules and regulations of each Contest.

   • Team creation must comply with the Platform's guidelines, including player selection limits and budget constraints.

   • Users are responsible for the composition of their Teams.

   • The Platform reserves the right to cancel contests due to unforeseen events, such as match cancellation. In such cases, entry fees will be refunded.

5. Scoring and Points System

   • The Platform uses a standardized points system based on the real-life performance of players.

   • The points system is clearly defined and accessible to all Users.

   • The Platform strives to provide accurate and timely scoring updates.

   • In the event of scoring discrepancies, the Platform's decision is final.

6. Prize Distribution and Withdrawals

   • The Prize Pool for each Contest is clearly displayed.

   • Prizes are distributed based on the final rankings of Users in a Contest.

   • Withdrawals are processed according to the Platform's withdrawal policy.

   • KYC verification is mandatory before withdrawals.

   • The Platform reserves the right to withhold or delay withdrawals in cases of suspected fraud or policy violations.

   • TDS(Tax Deducted at Source) will be deducted as per government rules.

7. Rake and Fees

   • The Platform charges a Rake on each Contest.

   • The Rake percentage is clearly displayed before Users join a Contest.

   • The Rake percentage varies from 5% to 18%.

   • The Platform may charge additional fees for certain services, which will be disclosed to Users.

8. Fair Play and Anti-Fraud Measures

   • The Platform is committed to ensuring fair play and preventing fraud.

   • The Platform employs various measures to detect and prevent cheating, including:

   • Monitoring User activity.

   • Analyzing team compositions.

   • Implementing anti-fraud software.

   • Users found engaging in fraudulent activities will be subject to account suspension or termination.

   • Collusion between users is strictly prohibited.

9. Responsible Gaming

   • The Platform promotes responsible gaming practices.

   • Users are encouraged to set spending limits and play responsibly.

   • The Platform provides resources and support for Users who may be experiencing gambling problems.

   • Self exclusion options are available.

   • Age verification is strictly enforced.

10. Privacy Policy

   • The Platform collects and uses User data according to its Privacy Policy.

   • User data is protected and used only for legitimate purposes.

   • Users have the right to access and modify their personal information.

11. Terms of Service

   • Users must agree to the Platform's Terms of Service to use the Platform.

   • The Terms of Service outline the rights and responsibilities of Users and the Platform.

   • The Terms of Service may be updated periodically, and users will be notified of significant changes.

12. Dispute Resolution

   • Disputes between Users and the Platform will be resolved through a fair and transparent process.

   • Users can contact the Platform's customer support for assistance.

   • The Platform's decision is final in matters of dispute resolution.

13. Amendments

   • The Platform reserves the right to amend these policies at any time.

   • Users will be notified of any significant changes to these policies.

   • Continued use of the Platform constitutes acceptance of the amended policies.

14. Contact Information

   • Users can contact the Platform's customer support for any questions or concerns.

   • Contact information will be prominently displayed on the platform.

*Disclaimer: This policy document is a general declaration and may need to be adapted to comply with specific legal and regulatory requirements in jurisdiction. It is recommended to consult with legal counsel to ensure compliance.