Updated 28.11.2024
Terms and Conditions
In this document, we outline the obligations of participants, the betting protocols in place, and the overall structure of our gambling agreements.
Definitions and Concepts
- Gambling Agreement – a contractual arrangement that involves risk, where participants consent to the possibility of winnings guided by established rules.
- Wagering – is a type of gambling where the result hinges on an unpredictable event.
- A bet – refers to the funds – either cash or digital currency – that a player (Client) stakes to express their intention to gamble according to specified terms.
- Gambling Organizer (Betting Company) – Bizbon N.V., operating under gaming license No. 8048/JAZ2016-065 issued by Curacao.
- Client – an individual who engages in betting on events. Legal entities are not allowed to participate as clients.
- Outcome – the specific result of an event on which a wager has been made.
- Betting Line (Sports) – a list of events with available outcomes and odds for wagering.
- Winnings – are either monetary or property rewards granted to the Client based on the event's outcome, as stated in these conditions.
- Odds – are a numerical figure that illustrates the likelihood of a particular event’s result, which in turn affects the payout for a successful wager.
- Bet Cancellation/Refund – the modification of odds to 1 (one), essentially retracting the bet under certain conditions.
- Regular Time – the official duration of a game, which includes any added time but excludes extra periods such as overtime, additional time, or penalty shootouts.
- Personal Account – a web-based interface provided for Clients to place bets and manage their betting activities, accessible via an internet browser.
- Authorization Data – the necessary credentials for Client verification, usually comprising a username and password, or alternative verification measures as required.
Understanding and Participation
Clients should ensure they have a comprehensive understanding of the terms and definitions associated with wagering and gaming. If any uncertainties arise:
- Ask for clarification on the specific event or game.
- Contact the support team for help.
- Do not place bets or engage in any games until complete clarity is achieved.
- mostbet-nep.com will not be responsible for actions taken by Clients in instances where there is a lack of understanding regarding betting rules or participation requirements.
Theoretical Return to Client
The phrase 'Theoretical Return to Client' (TRC) may be displayed on the website, representing a theoretical approximation of the percentage of funds returned to Clients over multiple rounds or spins. This figure is purely informative and does not guarantee any specific return rate. Clients may experience various results, including profits or losses, irrespective of the indicated TRC.
By participating in wagering activities, Clients affirm their acceptance of these stipulations and acknowledge their grasp of the rules and definitions provided.