WagerLab / Donation Terms

WagerLab Coin Donation Terms

Coin Donations

  • You must be registered on the WagerLab app to submit coin donations. Participation is voluntary.
  • You may select a charity from the app’s pre-approved list and donate coins in specific increments and with a designated minimum donation amount.
  • Coin donations represent a non-binding intent by WagerLab to allocate real money (US Dollar) funds towards charitable contributions based on the collective number of coins donated to each charity.
  • Coin donations and are not direct financial contributions made by individual users
  • WagerLab retains the right to make final decisions regarding the timing, amount, and distribution of its charitable contributions.
  • The non-binding target monetary (US Dollar) donation amount is based on a conversion rate determined solely by WagerLab.
  • WagerLab may modify the list of charities, donation minimums, donation increments, and the conversion rate at any time. Such modifications will be reflected in the app.
  • WagerLab coins are for entertainment purposes only, carry no monetary value, and can not be exchanged for cash or items of monetary value.

Processing

  • WagerLab will maintain records of all donations submitted through the app as well as all funds distributed to charitable organizations.
  • All donations are processed (meaning funds are distributed to the selected charities) on an annual basis, typically in January of each year.
  • WagerLab reserves the right to defer the donation date if necessary due to operational, financial, or legal considerations

Refunds

  • You can request a refund of your coin donation up until the end of the calendar year in which the donation was made (the “refund window”).
  • Refund requests must be made through WagerLab’s app support system or by sending an email to support [at] wagerlab [dot] app.
  • Requests must include the specific charity and amount of coins to be refunded
  • Refunded donations will be credited back to your coin balance before the date upon which the donation is processed.

Limits

  • WagerLab may place certain limits on donations. These limits may change at any time. Changes will be reflected within these terms.
  • Limits will be applied on a per-household basis unless otherwise stated.
  • WagerLab is not required to refund donated coins which exceed these limits but may do so at its sole discretion
  • Current limit(s): Maximum of $100 total donation amount per-household per-year.

Voiding

  • WagerLab may void any donation and refund your donated coins for any reason at its sole discretion.
  • If WagerLab suspects or detects any instance of a user engaging in fraudulent, deceptive, or manipulative practices related to acquiring coins or submitting coin donations, then WagerLab may void all of that user’s donations without any refund to their coin balance.
  • Examples of such practices include, but are not limited to: creating multiple accounts, exploiting issues where coins may be staked on unfair odds, obtaining refunds on purchases or subscriptions which award coins, or using any methods which causes WagerLab software to function in an unintended manner.

Changes

  • WagerLab reserves the right to modify these terms at any time with or without prior notice. These terms may be accessed at any time at wagerlab [dot] app [slash] donation-terms.
  • Modifications will apply to all donations that have not yet been processed
  • Failure to request a refund of coins donated by the end of the refund window or additional coin donation submissions constitute acceptance to all modifications of these terms
  • Modifications to these terms will extend the refund window for unprocessed donations to the later of either the current refund window end date or one month after the modifications take effect.

Liability

  • The donation feature is provided “as is” and without warranties of any kind, either express or implied.
  • WagerLab is not responsible for any errors, omissions, or inaccuracies in the amount of coins donated or the resultant monetary donations calculated.
  • WagerLab is not responsible for any issues, delays, or discrepancies that may arise in the distribution of donated funds to the selected charities.
  • You agree to hold WagerLab harmless and not liable for any indirect, special, incidental, or consequential damages, including damages for lost profits, loss of goodwill, or other intangible losses, arising out of or in connection with the coin donation feature or the use of donated funds by the selected charities.

Disputes

  • These terms shall be governed by and construed in accordance with the laws of the state of Delaware
  • Any disputes arising out of or related to these terms or the use of the donation feature shall be resolved through binding arbitration, subject to exceptions permitted by law.

Contact

  • For any questions or concerns regarding these terms, please contact us at support [at] wagerlab [dot] app