General Definitions and Concepts
- Gambling Agreement: A risk-based arrangement for winning, entered into by participants with each other, based on predefined rules.
- Betting: A category of gambling where the outcome relies on an event with an uncertain result.
- Bet: Monetary or electronic funds provided by a participant (Client), constituting the participant’s agreement to engage in gambling under specified rules.
- Gambling Organizer (Betting Company): Bizbon N.V. It operates under gaming license No. 8048/JAZ2016-065 issued by Curacao.
- Client: An individual placing bets on event outcomes. Legal entities are not eligible as clients or participants in betting activities.
- Outcome: The result of an event on which a bet is placed.
- Betting Line (Sports): A collection of events and their possible outcomes, with associated odds, offered for betting.
- Winnings: Monetary funds or property awarded or transferred to the Client upon the determination of the gambling outcome, as per these rules.
- Odds: A numerical expression of the probability of an event’s outcome, determining the payout amount for a winning bet.
- Bet Cancellation/Refund: The adjustment of odds to 1 (one), effectively refunding the bet under specific conditions.
- Regular Time: The official duration of a match, including added time but excluding extra time, overtime, penalty shootouts, etc.
- Personal Account: An online interface provided for Clients to place bets and manage their activities, accessed via internet browser.
- Authorization Data: Information required for Client authentication, typically a login and password, although other forms may be requested.
Understanding and Participation
Clients should ensure they understand the terms and definitions relevant to betting and gaming. In case of uncertainty:
- Seek clarification related to the event or game in question.
- Contact support team for further assistance.
- Refrain from placing bets or participating in games until full understanding is achieved.
- Mostbet disclaims responsibility for Client actions in scenarios where there is a lack of understanding of participation or betting conditions.
Theoretical Return to Client
The term “Theoretical Return to Client” (or its abbreviation) may appear on the website, indicating a virtual calculation intended to demonstrate the percentage of bets theoretically returned to Clients over a series of rounds/spins. This figure is theoretical and does not guarantee a specific return rate. Clients may experience wins or losses regardless of the indicated Theoretical Return.
By participating in betting activities, Clients agree to these terms and conditions, acknowledging their understanding and consent to engage under the specified rules and definitions.
