Betacular KYC & AML Policy

Betacular applies KYC and AML procedures to verify the identity of each user, prevent fraudulent conduct, and combat financial crime across all platform activities. These processes are foundational to maintaining a safe, transparent, and legally compliant environment for all users in India.

The platform’s KYC and AML framework is built on the following commitments:

• Fair play for all registered users, free from manipulation or deceptive conduct
• User safety through verified identity and secure account protection
• Transparency in how personal data is collected, processed, and used
• Full compliance with applicable regulatory requirements under Indian law
• Prevention of financial crimes, including fraud, money laundering, and terrorism financing

Every new user registered on Betacular is required to complete ID verification before accessing full platform functionality, including deposits, withdrawals, and gameplay. Document submission must be accurate, legible, and current at the time of upload.

The following categories of documentation may be requested during the identity check process:

• A valid, government-issued photo identification document, such as a national ID card, passport, or driving licence
• Proof of current residential address, such as a recent utility bill or official correspondence issued within the last three months
• Confirmation of ownership of the payment method used for transactions, which may include bank statements or screenshots of registered accounts
• Any additional personal data or supporting documentation as required by the compliance team during enhanced review

Betacular maintains a comprehensive set of security measures designed to detect, prevent, and report money laundering, terrorist financing, and other forms of financial crime occurring through the platform. These controls are applied consistently across all user accounts and transaction types.

The following AML controls are in place:

• Continuous transaction monitoring to identify irregular or high-risk activity patterns
• Automated detection rules that flag suspicious activity for manual review by the compliance team
• Enhanced due diligence applied to accounts or transactions identified as elevated risk
• Detailed review of large transfers, unusual deposit or withdrawal volumes, and structuring behaviour
• Risk scoring assigned to each account based on usage patterns, geography, and transaction history
• Sanctions screening and Politically Exposed Persons (PEP) checks conducted at registration and on an ongoing basis
• Reporting obligations fulfilled by submitting relevant cases to the appropriate regulatory authorities in accordance with applicable law

Betacular enforces strict platform restrictions to support the integrity of its KYC and AML programme and to protect all users from harm. Any conduct that undermines verification procedures or facilitates financial crime is strictly prohibited.

The following activities are not permitted under any circumstances:

• Operating multiple accounts or registering under a false identity to circumvent verification requirements
• Submitting forged, altered, or stolen documents during the identity check or document submission process
• Attempting to use the platform to launder funds derived from illegal sources
• Manipulating platform systems, games, or transactions in any manner not sanctioned by the platform’s rules
• Sharing, transferring, or selling account access to any third party
• Using payment instruments that are not registered in the account holder’s own name
• Misrepresenting personal data at any stage of the registration or ongoing compliance process

Any user found to be in breach of Betacular’s KYC or AML obligations will be subject to immediate enforcement action, proportionate to the nature and severity of the violation. The platform reserves the right to apply one or more of the following measures without prior notice where there is reasonable suspicion of non-compliance.

Enforcement measures may include temporary or permanent account suspension, freezing or confiscation of funds linked to suspicious activity, cancellation of bets or winnings generated during a period of non-compliance, and reporting of the account and associated activity to the competent regulatory or law enforcement authorities where applicable under Indian law.

Every account holder on Betacular is responsible for ensuring that all personal data provided at registration and throughout the account lifecycle is accurate, complete, and kept up to date. Users must complete the ID verification process within the timeframe specified by the platform, and failure to do so may result in restricted account access. Any request for additional document submission from the compliance team must be responded to promptly and in good faith. Users are required to conduct all financial transactions exclusively through payment methods registered in their own name, and must not use accounts or instruments belonging to third parties. Any suspicious activity observed on a user’s account, or involving other users, should be reported to the platform’s support team without delay.

Betacular upholds fair play and transparency as core operational standards, ensuring that all users participate in a safe and legally compliant environment free from manipulation or preferential treatment. These principles apply equally to all registered users and are enforced without exception.

The platform’s commitment to fair play and transparency is reflected in the following principles:

• Full compliance with established KYC and AML standards as required by applicable regulatory requirements
• Confidentiality and lawful protection of each user’s personal data in accordance with data protection obligations
• Continuous transaction monitoring and ongoing review to detect and address suspicious activity
• Active prevention of platform manipulation, collusion, and any form of unfair conduct
• Dedicated user safety support, available to assist account holders with compliance-related concerns
• Shared responsibility between the platform and its users to maintain a trustworthy environment
• Equal conditions and account protection standards applied uniformly across all registered users