To help everyone get started in using ZenSports’ peer-to-peer sports betting app, we give all new customers that sign up and create a ZenSports account a special offer to earn a Welcome Bonus.
How does the Welcome Bonus offer work?
- Make a deposit into your ZenSports account and begin betting. The deposit can be in SPORTS tokens, USD, USDT (Tether), Bitcoin, or ICX.
- During your first 15 days from the date you sign up for an account, ZenSports will give you a welcome bonus in SPORTS tokens equal to 5% of your Taker betting volume, with no maximum if you use a Referral Code (or a $250 maximum bonus if you don’t use a Referral Code).
- After day 15, ZenSports will automatically credit your SPORTS token wallet in ZenSports with this Welcome Bonus -- no need for you to take any further action or do anything at all.
- There are no restrictions on how you use the Welcome Bonus once it’s credited to your account -- you can bet with it, hold onto it for a rainy day, or sell/withdraw the tokens immediately!
TERMS & CONDITIONS OF THE WELCOME BONUS:
- SPORTS is not a stable coin -- it's not pegged to USD, Tether, or any other stable coin. It fluctuates based on the current market price that is traded within our app and on P2PB2B. ZenSports does not control the price of SPORTS in any way, shape, or form. You should truly view SPORTS tokens as a bonus, and not as guaranteed money or having a guaranteed value.
- The number of SPORTS tokens awarded as part of your Welcome Bonus is calculated based on the spot exchange rate from the ZenSports Trading Exchange between SPORTS tokens and USDT as of the very moment that you receive the SPORTS token bonus. For example, if you're eligible for $100 worth of SPORTS tokens as a Welcome Bonus at 11:32am, and the exchange rate between SPORTS/USDT at 11:32am = $0.0001 per 1 SPORTS token, then the number of SPORTS tokens you'd receive for the Welcome Bonus would be 1,000,000 SPORTS.
- The Welcome Bonus will be based on betting fees paid in any currency up through the minute that the Welcome Bonus is calculated.
- There is no rollover requirement on any deposits -- you earn as much or as little of a bonus as you choose to bet.
- Maker bets and fees are not included in the Welcome Bonus calculation because those already come with lower fees. Only Taker bets and fees count towards the Welcome Bonus calculation.
- Wash betting (taking both sides of the same bet) with yourself or others in order to be guaranteed to win or to cash out is strictly prohibited at all times.
- All customers are required to go through KYC/AML verification before withdrawing funds, and each customer is allowed ONE Welcome Bonus. NO EXCEPTIONS.
- Abuse, fraud, or cheating will NEVER be tolerated. This includes, but is not limited to the following:
- Signing up for multiple accounts in order to get multiple bonuses.
- Pooling or sharing of funds with others in order to get multiple bonuses with the same funds. All funds used to bet within ZenSports must be funds that you yourself own. In the case of SPORTS tokens, this means tokens you either purchased on P2PB2P, the ZenSports exchange, or were granted to you via an authorized air drop or dividend by ZenSports. SPORTS tokens not obtained in one of these three manners may NOT be used for the Welcome Bonus (but may be used for regular betting within ZenSports).
- Wash betting with yourself or others using your Initial deposit and/or Welcome Bonus in order to be guaranteed to win.
- Knowingly violating any other of the Terms & Conditions of the Welcome Bonus Program.
We also recommend re-reading our broader Terms & Conditions if you haven't done so recently.
**ZenSports reserves the right to modify or end this bonus program at any time for all customers or just specific customers that it deems necessary,