terms and conditions
1. Any agreement wilfully entered into from this website, and these terms and conditions are subject to the laws of England and Wales. Any litigation or dispute arising from this website shall be subject to the exclusive jurisdiction of the courts of England and Wales, and not of any other country.
2. Any persons willingly participating in the act of purchasing tournament shares on this website must be of legal gambling age in their country of residence in order to do so. Any persons later found to either be below their region's legal gambling age, or to have knowingly filed incorrect personal information in order to procure shares on this site shall have their share agreement rendered void, without return of funds.
3. For the purposes of this site and the following terms and conditions, myself, Kevin O'Leary shall henceforth be referred to as "The Player". Any person or persons investing in shares of my tournament action shall be referred to as "The Investor". Any pre-agreed schedule of poker tournaments in which The player is participating using shares from the Investor shall henceforth be referred to as "The Agreement".
4. Any Investor shares purchased under The Agreement shall be deemed to be valid only once an email confirmation of the purchase of said shares has been sent to The Investor by The Player. A confirmation email to The Investor shall be retained by The Player for the purpose of records, and may also be retained by The Investor if they so wish.
5. Any shares purchased by The Investor shall be to be deemed to be for the entire series of poker events "The Agreement" advertised on the website www.kevinolearypoker.com for which they have knowingly invested at the time. Investors may not exercise any option to "cash out" of a series mid-way through for any reason, and must wait until the completion of The Agreement schedule, and possibly 14 days after this before receiving any financial returns from The Player.
6. All tournament series shares shall be sold to The Investor at The Player's advertised rate of 1.25:1% (unless a different rate is staed on the website),in order to help cover The Player's numerous additional incurred trip expenses. The Investor enters into The Agreement being fully aware of this pre-advertised rate. The currency conversion website http://www.thomascook.com/travel-money/foreign-currency/ is normally used to determine current market conversion rates if using other currencies, and these rates are given to investors in writing via email upon initial interest with a 7 day grace period for these rates standing if shares are being purchased.
7. It is The Investor's responsibility to ensure that any funds they transfer to the Player for the purposes of buying shares reaches The Player's account in their entirety, which is to say that The Player shall not bear any financial consequences of a fund transfer, including (but not limited to) international monetary conversion rate charges, handling charges, taxes, etc. By way of example, if The Investor buys a share equivalent to $1000 and they are a UK resident converting GBP to USD they MUST ensure that the full investment amount of $1000 reaches The Players account in its entirety to secure purchase of shares. The Player receiving any funds less than the previously agreed amount shall render any share sale invalid, and possibly result in the return of funds to The Investor, unless the balance outstanding is made good.
8. Responsibility for any tax liability incurred on any funds returned lies with The Investor. The Investor is advised to take financial advice if they are unsure of the tax implications involved in receiving a monetary transfer in the event of any return on their original investment. The Player will always strive to obtain the best possible financial deal, however being a UK resident, The Player is not personally subject to any tax withholding resulting from poker at present, however The Player cannot be held responsible for any conditions imposed either by local authorities, or by The Investor's country of residence.
9. The Investor understands and accepts that once they complete a purchase of shares they are knowingly investing solely in the specified series of events advertised on the website at the time which they have been confirmed a share. Any other events in which the player participates during a trip which are not stated on the website schedule are deemed to be played on The Player's own money, and thus The Investor is neither buying a share in these events, nor are they entitled to any monies won from The Player cashing in said tournaments. This is not an eventuality expected to occur often, but it is perfectly reasonable to allow The Player to participate in a separate event not already on the schedule if The Player has the time and wishes to do so.
10. The Investor shall be kept updated of The Player's tournament progress during the series either via regular emails from The Player, or via an updates page on the website kevinolearypoker.com, whereby they can view regular event updates.
11. Any profit made by The Player under the terms of The Agreement shall be proportionally returned to The Investor along with any monies not used by The Player for the purposes of tournament buy-ins at the conclusion of The Agreement. Any unused tournament buy-ins or unused re-entries shall be returned to the Investor no later than 14 days after The Player has returned to the UK following the completion of the current trip. The Investor receives any return on any prize money won directly proportional to their original investment percentage. All returns are made in the currency which was originally purchased,unless otherwise agreed. Market rates at the time of transfer are determined HERE
12. During The Agreement, In the event of a tournament prize money deal being discussed, the final decision regarding the actual details of any money split lies solely with The Player participating in the tournament. Any monies won as a result of a deal shall still be distributed back to The Investor directly proportionally to their original purchased share.
13. The Investor understands that they are entitled to a proportional return on their original share of any prize money resulting from The Player cashing in the specified tournaments. This financial return relates purely to poker tournament cash prize money, and does not include or relate to: any possible endorsement deals, any resulting sponsorship, any further monetary prize gained from participating in a series of tournaments (i.e.: "Player of the Series"), any additional prizes offered in a tournament besides money (i.e: merchandise, trophies, holidays, bonus seats into other poker events, or any other added bonuses).
14. Whilst both parties enter into The Agreement fully with the intent of the player participating in all previously specified events, The Player hereby reserves the right to not play in any pre-agreed event at his own discretion. Reasons for this abstinence will be clearly stated in writing on the update page or by email prior to the event itself, and could be, but are not limited to: illness, injury, scheduling conflicts (for example: already scheduled to be playing on the subsequent day of a previously played tournament, family or personal issues, or a judgement that playing the event will represent bad value financially to both The Player and to The Investor).
15. A pre-arranged poker schedule displayed on the website shall only commence as planned once the requisite amount of shares has been sold and all monies are fully received by The Player from all investors. The Player shall purchase his own shares himself in the same way that investors do, in order to secure a percentage of his own action for the trip. In the event of a trip or schedule being cancelled for whatever reason, any already invested monies shall be returned to The Investor by The Player within a reasonable time period, normally 14 days maximum after return to the UK.
2. Any persons willingly participating in the act of purchasing tournament shares on this website must be of legal gambling age in their country of residence in order to do so. Any persons later found to either be below their region's legal gambling age, or to have knowingly filed incorrect personal information in order to procure shares on this site shall have their share agreement rendered void, without return of funds.
3. For the purposes of this site and the following terms and conditions, myself, Kevin O'Leary shall henceforth be referred to as "The Player". Any person or persons investing in shares of my tournament action shall be referred to as "The Investor". Any pre-agreed schedule of poker tournaments in which The player is participating using shares from the Investor shall henceforth be referred to as "The Agreement".
4. Any Investor shares purchased under The Agreement shall be deemed to be valid only once an email confirmation of the purchase of said shares has been sent to The Investor by The Player. A confirmation email to The Investor shall be retained by The Player for the purpose of records, and may also be retained by The Investor if they so wish.
5. Any shares purchased by The Investor shall be to be deemed to be for the entire series of poker events "The Agreement" advertised on the website www.kevinolearypoker.com for which they have knowingly invested at the time. Investors may not exercise any option to "cash out" of a series mid-way through for any reason, and must wait until the completion of The Agreement schedule, and possibly 14 days after this before receiving any financial returns from The Player.
6. All tournament series shares shall be sold to The Investor at The Player's advertised rate of 1.25:1% (unless a different rate is staed on the website),in order to help cover The Player's numerous additional incurred trip expenses. The Investor enters into The Agreement being fully aware of this pre-advertised rate. The currency conversion website http://www.thomascook.com/travel-money/foreign-currency/ is normally used to determine current market conversion rates if using other currencies, and these rates are given to investors in writing via email upon initial interest with a 7 day grace period for these rates standing if shares are being purchased.
7. It is The Investor's responsibility to ensure that any funds they transfer to the Player for the purposes of buying shares reaches The Player's account in their entirety, which is to say that The Player shall not bear any financial consequences of a fund transfer, including (but not limited to) international monetary conversion rate charges, handling charges, taxes, etc. By way of example, if The Investor buys a share equivalent to $1000 and they are a UK resident converting GBP to USD they MUST ensure that the full investment amount of $1000 reaches The Players account in its entirety to secure purchase of shares. The Player receiving any funds less than the previously agreed amount shall render any share sale invalid, and possibly result in the return of funds to The Investor, unless the balance outstanding is made good.
8. Responsibility for any tax liability incurred on any funds returned lies with The Investor. The Investor is advised to take financial advice if they are unsure of the tax implications involved in receiving a monetary transfer in the event of any return on their original investment. The Player will always strive to obtain the best possible financial deal, however being a UK resident, The Player is not personally subject to any tax withholding resulting from poker at present, however The Player cannot be held responsible for any conditions imposed either by local authorities, or by The Investor's country of residence.
9. The Investor understands and accepts that once they complete a purchase of shares they are knowingly investing solely in the specified series of events advertised on the website at the time which they have been confirmed a share. Any other events in which the player participates during a trip which are not stated on the website schedule are deemed to be played on The Player's own money, and thus The Investor is neither buying a share in these events, nor are they entitled to any monies won from The Player cashing in said tournaments. This is not an eventuality expected to occur often, but it is perfectly reasonable to allow The Player to participate in a separate event not already on the schedule if The Player has the time and wishes to do so.
10. The Investor shall be kept updated of The Player's tournament progress during the series either via regular emails from The Player, or via an updates page on the website kevinolearypoker.com, whereby they can view regular event updates.
11. Any profit made by The Player under the terms of The Agreement shall be proportionally returned to The Investor along with any monies not used by The Player for the purposes of tournament buy-ins at the conclusion of The Agreement. Any unused tournament buy-ins or unused re-entries shall be returned to the Investor no later than 14 days after The Player has returned to the UK following the completion of the current trip. The Investor receives any return on any prize money won directly proportional to their original investment percentage. All returns are made in the currency which was originally purchased,unless otherwise agreed. Market rates at the time of transfer are determined HERE
12. During The Agreement, In the event of a tournament prize money deal being discussed, the final decision regarding the actual details of any money split lies solely with The Player participating in the tournament. Any monies won as a result of a deal shall still be distributed back to The Investor directly proportionally to their original purchased share.
13. The Investor understands that they are entitled to a proportional return on their original share of any prize money resulting from The Player cashing in the specified tournaments. This financial return relates purely to poker tournament cash prize money, and does not include or relate to: any possible endorsement deals, any resulting sponsorship, any further monetary prize gained from participating in a series of tournaments (i.e.: "Player of the Series"), any additional prizes offered in a tournament besides money (i.e: merchandise, trophies, holidays, bonus seats into other poker events, or any other added bonuses).
14. Whilst both parties enter into The Agreement fully with the intent of the player participating in all previously specified events, The Player hereby reserves the right to not play in any pre-agreed event at his own discretion. Reasons for this abstinence will be clearly stated in writing on the update page or by email prior to the event itself, and could be, but are not limited to: illness, injury, scheduling conflicts (for example: already scheduled to be playing on the subsequent day of a previously played tournament, family or personal issues, or a judgement that playing the event will represent bad value financially to both The Player and to The Investor).
15. A pre-arranged poker schedule displayed on the website shall only commence as planned once the requisite amount of shares has been sold and all monies are fully received by The Player from all investors. The Player shall purchase his own shares himself in the same way that investors do, in order to secure a percentage of his own action for the trip. In the event of a trip or schedule being cancelled for whatever reason, any already invested monies shall be returned to The Investor by The Player within a reasonable time period, normally 14 days maximum after return to the UK.