“Terms and Conditions” of 1xBet refer to the basic guidelines that form the relationship between the bookmaker and their customers. These rules include aspects of betting operations, such as the types of bets offered, like singles, accumulators, and system bets. Key features include a variety of betting markets at both international and club levels, as well as options for live bets available around the clock. The terms also address financial transactions, detailing the methods for deposits and withdrawals, and emphasize the availability of customer support services. This framework forms the core of 1xBet’s services, ensuring a structured and fair betting environment for their users, especially in the Vietnamese market.
General Terms and Definitions
In the online betting world of 1xBet, understanding basic terminology is crucial for every participant. Here, we will review some basic terms and definitions:
- Bet: At the core of the betting world, a bet is a risk-based agreement between the customer and 1xBet. This agreement is based on the outcome of an unspecified event, according to the rules set by 1xBet. A bet is considered valid when it meets the conditions set by the bookmaker and is recognized as such.
- Result: This term refers to the outcome of the event (or events) on which the bet was placed. In betting, the result is the deciding factor of whether the bet wins or loses. It is the key element around which the betting process revolves.
- Customer: Any individual who engages with 1xBet by placing a bet on an outcome falls under the category of ‘Customer.’ This term is used to define the party involved in a betting agreement with 1xBet, accepting the terms and conditions set by the bookmaker.
- Bet Cancellation: Sometimes, specific bets may not reach a natural conclusion due to various reasons. In such cases, the term ‘Bet Cancellation’ is applied. This means the bet is deemed invalid, with no settlement or payout. According to 1xBet’s rules, in the event of a bet cancellation, the agreement between the customer and the bookmaker is considered void, and the wagered amount is refunded to the customer.
- Official Time: To understand the betting result, it is important to grasp the concept of ‘Official Time.’ This term refers to the official time of a match, managed according to the rules of the respective sport, including any added time as determined by the referee. Importantly, Official Time does not include extra time, penalty shootouts, or any extended periods beyond regular playtime.
Each of these terms plays a crucial role in the betting experience at 1xBet. They form the foundational understanding of how bets are placed, processed, and settled, which is important for anyone involved in betting. By familiarizing themselves with these definitions, customers can navigate the betting process more effectively, leading to a more informed and enjoyable betting experience.
General Terms
1xBet enforces strict General Terms and Conditions (GTC) for users engaging in betting activities. Users must accept these GTCs when registering, and be aware that the terms may be updated. In such cases, users have the right to stop using 1xBet’s services before the new terms come into effect, usually within two weeks of notification. While translations of these terms are available, the original English version holds the highest validity in case of any discrepancies.
This platform operates under license number 1668/JAZ from Curaçao eGaming, with payments processed by designated entities. Participation in games requires acceptance of the Responsible Betting Agreement and its terms. This includes important restrictions to protect users. Users must carefully review these terms to understand their implications.
Some individuals are prohibited from betting, including minors (under 18 years of age), those directly involved in the events being bet on, representatives of other bookmakers, and individuals legally prohibited from entering into contracts with bookmakers. Additionally, 1xBet’s services are not available for residents of countries where such activities are considered illegal, such as the United States, the UK, Cyprus, and the Netherlands. The availability of the website in a specific country or language does not imply legal approval for use in those jurisdictions.
Users are responsible for ensuring that their participation complies with local laws. 1xBet has the right to close the accounts of users from countries where its use is illegal, refunding the remaining balance after deducting winnings from the last deposit. The bookmaker may refuse a bet for violating rules or social norms, and reserves the right to reject a bet without explanation.
Bets are settled based on data from the processing center, with winnings paid within 30 days after the official result is announced. A bet is considered a win if all predicted outcomes are correct. The terms of the bet, including odds and limits, may change after the bet is placed but will not affect the initial terms of the bet. Technical issues, particularly with Esports Live, may result in bet refunds.
1xBet is committed to fair play and compliance with the “Council of Europe Convention on the Manipulation of Sports Competitions.” It reserves the right to cancel bets if fraud is suspected. Users placing bets agree to these rules and cannot hold 1xBet liable for indirect losses. Complaints are handled using official documents from the relevant sports federations. Refunds are not applicable for errors in translation or team/player name translations. 1xBet regularly updates these rules, and users are encouraged to monitor them through the website.