Banking

Player Deposits and Withdrawals

  • All funds deposited, winnings and withdrawals are British Pounds Sterling.
  • There is a minimum £5 on all deposits or withdrawals, unless you or Beda Leisure are closing the account. At this stage any monies owed in the account will be credited back to your account.
  • Beda Leisure reserve the right to amend these withdrawal, deposit and winner payment transaction type at any time. Any alteration however will be communicated via email to your registered email address.
  • Payments can be made by most debit and credit cards as displayed on our website. We reserve the right at any time to alter this procedure. All payments are undertaken by our payment gateway providers PayPoint Plc. As such we will never store your card details on our servers.
  • We do not charge for deposits made, although you should note that some credit card companies may categorise gambling transactions as cash and as such may levy a fixed and/or interest charge from the date of the payment. We do not charge for any withdrawals to debit or credit cards and it should be noted that the funds transferred will returned to the account that was used for the deposit.
  • All players agree not to make any charge-backs, reversals or otherwise cancel any deposits into your account. In the event that this occurs the player agrees to compensate Beda Leisure and this includes any additional expense incurred by us in the process of collecting your deposit.
  • Your account must not be used as a bank account. We will suspend any account where deposits are made and withdrawals occur without any gaming activity being undertaken. All monies deposited with us will not attract interest. The player agrees that any expense occurred as a direct result of this activity will leave them liable for any administration charges for our payment processing.
  • No player will be allowed to deposit money into their e wallet account if their balance exceeds £2000.
  • You are responsible to report your winnings and circumstances to the relevant tax or other authorities as required by your own personal circumstances.
  • You can set a daily, weekly or monthly deposit limit in any one day. Please see the settings within your account. Please note that if trying to increase this level it will take a further 24 hours to increase your limit in line with our responsible gaming policy.
  • If any sum is incorrectly credited to your account, you are obliged to notify us as soon as possible and we are entitled to recover such credits including any additional fees incurred in this recovery process. If the money has been withdrawn from your account then you agree to reimburse upon our request.

Settlement

  • Prizes will be paid by one of the two following procedures.
  • Initially all money won will feature in your online balance. It is then up to the player to reclaim the prize by our withdrawal procedure within the website or mobile app. Jackpot winners over £1000 will be contacted by our accounts department using your registered details.
  • All prizes not claimed within 180 days of the win date will be forfeited.
  • All withdrawals up to £2000 will be paid directly onto the depositing payment type that you selected.
  • Withdrawals over £2000 will be made via cheque within five working days. Jackpot winners over this threshold will receive a notification to contact us directly at winners@livelotto.co.uk.
  • We reserve the right that prizes over a certain amount can only be claimed in person and/or with supporting evidence of age, address and identity.