Updated 28.11.2024
Terms and Conditions
This document describes participant responsibilities, betting protocols, and the framework of gambling agreements.
Definitions and Concepts
- Gambling Agreement – a contract involving risk, where participants agree to potential winnings based on predefined rules.
- Betting – a gambling category where the outcome depends on an uncertain event.
- Bet – funds – either monetary or digital – placed by a participant (Client) to signal their intention to engage in gambling under specific rules.
- Gambling Organizer (Betting Company) – Bizbon N.V., operating with gaming license No. 8048/JAZ2016-065 issued by Curacao.
- Client – an individual who places bets on events. Legal entities are not permitted to participate as clients.
- Outcome – the result of an event on which a bet has been placed.
- Betting Line (Sports) – a range of events with possible outcomes and odds available for betting.
- Winnings – monetary or property rewards given to the Client based on the outcome of a gambling event, as stipulated in these terms.
- Odds – a numerical representation indicating the probability of an event’s outcome, determining the payout for a successful bet.
- Bet Cancellation/Refund – the adjustment of odds to 1 (one), effectively refunding the bet under certain conditions.
- Regular Time – the official duration of a match, including added time but excluding extra periods like overtime, extra time, or penalty shootouts.
- Personal Account – an online platform provided to Clients for placing bets and managing their betting activities, accessible through an internet browser.
- Authorization Data – credentials needed for Client authentication, typically including a username and password, or other forms of verification as required.
Understanding and Participation
Clients must ensure they thoroughly understand the terms and definitions related to betting and gaming. If there are any uncertainties:
- Seek clarification regarding the specific event or game.
- Reach out to the support team for assistance.
- Avoid placing bets or participating in games until full comprehension is achieved.
- Mostbet-nepal.com is not liable for Client actions in cases where there is a lack of understanding regarding participation or betting conditions.
Theoretical Return to Client
The term “Theoretical Return to Client” (TRC) may be shown on the website, representing a theoretical estimate of the percentage of funds returned to Clients over a series of rounds or spins. This figure is purely indicative and does not ensure any particular return rate. Clients may experience different outcomes, including wins or losses, regardless of the stated TRC.
By engaging in betting activities, Clients confirm their acceptance of these terms and acknowledge their understanding and agreement to the outlined rules and definitions.