Olympia Rules and Regulations in Australia

By accessing or using Olympia’s services, you agree to comply with all terms set out on this page. These conditions form a legally binding agreement between you and Olympia, effective from the moment of registration.

User Eligibility

• You must be at least 18 years of age to register and use the platform.
• You must be physically located in a jurisdiction where online betting is permitted.
• Only one account per person is allowed. Duplicate registrations may result in suspension.
• You confirm that your use of the platform is for personal, non-commercial purposes.

Account Registration

During registration, you are required to provide accurate, current, and complete personal information. Olympia reserves the right to verify this information at any time. False or misleading details may result in account termination without prior notice.

Platform Use

You agree to use the platform solely for lawful purposes. The following are strictly prohibited:

• Attempting to manipulate odds or game outcomes.
• Using automated systems, bots, or scripts to interact with the platform.
• Sharing your account credentials with any third party.
• Engaging in any activity that disrupts the integrity of the services.

Content Protection

All content published on the Olympia platform, including odds data, graphics, text, and software, is protected under applicable intellectual property laws. You are not permitted to reproduce, distribute, or commercially exploit any content without prior written consent.

Modifications to Terms

Olympia reserves the legal right to update or modify these terms at any time. Users will be notified of material changes through the platform or via registered email. Continued use of the platform following any update constitutes acceptance of the revised terms.

Limitation of Liability

Olympia’s liability is limited to the extent permitted under Australian law. The platform does not accept responsibility for losses arising from technical disruptions, third-party service failures, or events outside its reasonable control.

All betting activity on the Olympia platform is subject to the following rules. These provisions apply to all bet types offered across sports and other available event markets.

Eligibility to Place Bets

• You must be a verified, registered user with a funded account in good standing.
• Bets placed by users who do not meet age or identity verification requirements will be voided.
• Users identified as self-excluded or subject to account restrictions are not permitted to bet.

Bet Acceptance Policy

Olympia reserves the right to accept or decline any bet at its discretion. A bet is considered accepted only once a confirmation reference number has been issued. Bets submitted during technical faults or system errors may be voided, and stakes will be returned.

Minimum and Maximum Bet Limits

Maximum limits may vary depending on the event, market type, or account status. Olympia may adjust these limits at its discretion without prior notice.

Calculation of Winnings

Winnings are calculated by multiplying the confirmed stake by the odds displayed at the time the bet was accepted. Any subsequent changes to the odds do not affect already confirmed bets. Final settlement is based on official results as declared by the relevant governing body of each event.

Betting Restrictions

Olympia may restrict or limit betting activity on specific accounts or markets where:

• Unusual betting patterns are identified.
• There is a suspected breach of platform integrity.
• Regulatory requirements necessitate intervention.

Cancellation Policy

Once a bet is confirmed, it cannot be cancelled or amended by the user. In cases where an event is postponed, abandoned, or declared void, bets will be settled according to the applicable rules for that sport or market category. Stake amounts for voided bets are returned to the account balance.

All deposit and withdrawal transactions on the Olympia platform are processed in accordance with Australian financial regulations and internal compliance standards.

Deposits

To fund your account, the following methods are available:

All deposits must originate from a payment method registered in your own name. Third-party funding is not permitted.

Withdrawals

Withdrawals are processed to the same method used for the most recent deposit where operationally possible. Processing times may be extended during identity verification reviews.

Fees

Olympia does not charge fees on standard deposit or withdrawal transactions. However, your bank or payment provider may apply their own charges, for which Olympia accepts no responsibility.

Identity Verification (KYC)

Before a withdrawal is processed, users are required to complete identity verification in accordance with Australian KYC obligations. The following documents may be requested:

• Government-issued photo identification (passport or driver’s licence)
• Proof of address dated within the last three months
• Proof of payment method ownership

Failure to provide the required documentation within the specified timeframe may result in withdrawal delays or account restrictions.

Transaction Security

All financial transactions are encrypted using industry-standard protocols. Olympia monitors all account activity for irregularities and reserves the right to suspend transactions pending investigation where suspicious behaviour is detected.

Cancellation of Transactions

Deposit transactions that have been confirmed cannot be reversed by the user. Withdrawal requests may be cancelled by the user only before they enter the processing stage. Once processing has commenced, cancellation is not available.

Olympia is committed to providing a safe betting environment for all Australian users. The platform supports responsible gambling practices and provides access to a range of tools designed to help users maintain control over their betting activity.

Available Control Tools

Registered users may access the following tools directly through their account settings:

• Deposit Limits: Set daily, weekly, or monthly caps on the amount you can deposit.
• Betting Limits: Restrict the total amount you are able to wager within a defined period.
• Session Time Limits: Configure alerts or automatic logouts after a set period of activity.
• Cool-off Periods: Temporarily suspend your account for a defined duration (e.g., 24 hours, 7 days, or 30 days).
• Self-Exclusion: Permanently or indefinitely exclude yourself from the platform. Once activated, this restriction cannot be reversed during the exclusion period.
• Reality Checks: Receive periodic notifications about the time and funds spent during an active session.

Risk Self-Assessment

Olympia provides access to self-assessment tools that allow users to evaluate their betting behaviour. These tools are voluntary and confidential. If results suggest problematic patterns, the platform recommends seeking professional support.

Support and Assistance Organisations

If you or someone you know is experiencing difficulties related to gambling, the following Australian organisations offer free, confidential support:

• Gambling Help Online: www.gamblinghelponline.org.au | 1800 858 858 (24/7)
• Lifeline Australia: www.lifeline.org.au | 13 11 14
• Beyond Blue: www.beyondblue.org.au | 1300 22 4636
• MindSpot: www.mindspot.org.au

Users who believe they may have a gambling problem are encouraged to contact Olympia’s support team to activate appropriate restrictions on their account.

Olympia operates in accordance with Australia’s Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act) and related regulatory obligations administered by AUSTRAC.

Legal Obligations

As a regulated betting service, Olympia is legally required to:

• Identify and verify the identity of all customers prior to providing services.
• Monitor transactions for signs of money laundering or terrorism financing.
• Report suspicious matters and threshold transactions to AUSTRAC as required by law.
• Maintain records of customer identification and transaction activity for a minimum of seven years.

Customer Identity Verification (KYC)

All users must complete identity verification before accessing full account functionality. The verification process includes:

• Full legal name and date of birth confirmation.
• Government-issued photographic identification.
• Proof of residential address.
• Source of funds declaration, where required by risk assessment.

Olympia applies a risk-based approach to customer due diligence. Enhanced verification measures may be applied to accounts exhibiting higher risk indicators.

Transaction Monitoring

All account activity is subject to ongoing monitoring. Automated systems and compliance personnel review transaction patterns to detect:

• Structuring of deposits to avoid reporting thresholds.
• Rapid cycling of funds without corresponding betting activity.
• Deposits or withdrawals inconsistent with the user’s declared profile.

Suspicious Activity

Where suspicious activity is identified, Olympia may take the following actions without prior notification to the user:

• Freeze or suspend access to the account.
• Place a hold on pending withdrawals.
• Request additional documentation or information.
• Report the matter to AUSTRAC or relevant law enforcement agencies.

Consequences of Non-Compliance

Users who fail to cooperate with verification requests or who are found to have engaged in conduct inconsistent with AML/CTF obligations may face permanent account closure and forfeiture of funds held in the account, subject to applicable legal processes.

Olympia is committed to protecting the personal information of all users in accordance with the Australian Privacy Act 1988 and the Australian Privacy Principles (APPs).

Personal Data Collected

Olympia collects personal information necessary to provide its services, verify user identity, and meet regulatory obligations. This includes:

• Full name, date of birth, and contact details.
• Government-issued identification documents.
• Financial information, including payment method details.
• Account activity, transaction history, and betting records.
• Device and technical data collected through platform use (e.g., IP address, browser type).

How Personal Data Is Used

Collected data is used for the following purposes:

• Account registration, verification, and ongoing management.
• Processing deposits, withdrawals, and bet settlements.
• Compliance with AML/CTF obligations and regulatory reporting.
• Fraud detection and account security monitoring.
• Communication regarding account activity, updates to terms, and legal notifications.

Olympia does not sell personal data to third parties. Data may be shared with regulatory authorities, licensed payment processors, and identity verification providers where legally required or contractually necessary.

Data Retention

Personal information is retained for the duration of the account relationship and for a minimum period of seven years following account closure, in accordance with Australian regulatory requirements.

Your Rights

As an Australian user, you have the following rights regarding your personal data:

• Access: Request a copy of the personal information Olympia holds about you.
• Correction: Request corrections to inaccurate or incomplete data.
• Complaint: Lodge a complaint with the Office of the Australian Information Commissioner (OAIC) if you believe your privacy rights have been breached.

To exercise any of these rights, contact Olympia’s privacy team through the official support channels listed on the platform.

Olympia applies a range of technical and organisational security measures to protect user accounts, personal data, and financial transactions conducted on the platform.

Data Encryption

All data transmitted between users and the Olympia platform is encrypted using Transport Layer Security (TLS) protocols. This applies to all pages, including registration, login, account management, and payment processing. Sensitive information stored within platform systems is protected using advanced encryption standards.

Two-Factor Authentication

Olympia offers two-factor authentication (2FA) for account login and critical account changes. Users are encouraged to activate 2FA through their account security settings. Once enabled, access to the account requires both a password and a one-time verification code sent to the registered mobile number or authentication application.

Continuous Activity Monitoring

Olympia’s systems continuously monitor account activity to detect unusual or unauthorised behaviour. Automated alerts are triggered by:

• Login attempts from unrecognised devices or locations.
• Multiple failed login attempts.
• Rapid or irregular account activity inconsistent with normal usage.
• Attempts to modify account credentials without completing standard verification.

In the event of suspected unauthorised access, Olympia may temporarily suspend the affected account and notify the registered user.

User Responsibilities

Account security is a shared responsibility. Users are required to:

• Select a strong, unique password and update it regularly.
• Never share account credentials or verification codes with any other person.
• Log out of the platform when using shared or public devices.
• Report any suspected unauthorised access to Olympia’s support team immediately.

Organisational Measures

Access to user data within Olympia’s internal systems is restricted to authorised personnel on a need-to-know basis. Staff with access to personal data are subject to confidentiality obligations and regular compliance training.