OkyBet Terms & Conditions — Your Rights & Responsibilities on Bangladesh's Betting Platform

1. Definitions & Introduction

These terms and conditions govern the relationship between the OkyBet platform and its members. "OkyBet", "we", and "our" refer to the company operating okybet.ws. "Member" and "you" refer to any registered user.

OkyBet provides online Sports Betting and casino services under an international licence, with a platform built specifically for users in Bangladesh.

2. Account Registration

To successfully register on OkyBet, you must meet the following requirements:

• You must be at least 18 years of age.
• Each individual may hold only one account. Creating multiple accounts may result in all accounts being closed and any funds held being forfeited.
• You must provide accurate information at registration — incorrect details may cause complications during account verification.
• You are responsible for keeping your password confidential. Sharing your account or allowing others to use it is strictly prohibited.
• After registration, you must complete email or SMS verification.

OkyBet reserves the right to reject any application without review or explanation.

3. Account Verification (KYC)

OkyBet follows Know Your Customer (KYC) procedures in line with international financial regulations. The following documents may be requested during verification:

Large withdrawals may be temporarily held pending verification. However, regular small bets and deposits can be made without verification.

4. Deposits & Payments

The following payment methods are supported on OkyBet:

• bKash: Minimum deposit ৳500. Funds are credited instantly in most cases.
• Nagad: Minimum deposit ৳500. Funds are credited instantly in most cases.
• Rocket: Minimum deposit ৳500. Funds are credited instantly in most cases.

OkyBet does not charge any additional fees on deposits. However, your mobile banking provider may apply their own service charges.

5. Withdrawal Policy

The following rules apply when withdrawing winnings from OkyBet:

• Minimum withdrawal amount: ৳500.
• Withdrawals can only be made to the same payment method used for the original deposit.
• Standard withdrawal requests are processed within 24 hours. Members with completed KYC verification receive faster service.
• Wagering requirements must be met before bonus funds can be withdrawn.
• First-time withdrawals of large amounts (৳50,000 or more) may require additional verification.

6. Bonus & Promotion Terms

The following general terms apply to all OkyBet bonuses and promotional offers. Additional terms may apply to specific offers:

• Each member may claim each bonus once only.
• Wagering requirements must be completed before bonus funds can be withdrawn. Wagering means placing bets totalling a specified multiple of the bonus amount.
• There is a set time limit to complete wagering requirements — typically between 7 and 30 days.
• Not all bet types are eligible for bonus funds — specific market restrictions or minimum odds requirements may apply.
• Multiple bonuses cannot be used simultaneously unless otherwise stated.
• OkyBet reserves the right to modify, suspend, or cancel the bonus program at any time.

Any bonus obtained through misuse or fraudulent claims will be cancelled and the account may be suspended.

7. Betting Rules

Keep the following rules in mind when placing bets on OkyBet:

• Once a bet is confirmed, it cannot be changed or cancelled (except via the cash-out feature).
• Minimum bet amount: ৳100.
• Maximum bet limits vary by market and event — they are displayed on the betslip.
• OkyBet reserves the right to void or adjust bets placed at incorrect odds resulting from obvious or non-obvious technical errors.
• If a match is cancelled or the specified overs/minutes are not completed, bets will be refunded.
• In an accumulator bet, if one event is cancelled, that selection is removed and the bet is settled on the remaining selections.

8. Prohibited Activities

The following activities are strictly prohibited on OkyBet and may result in account closure and forfeiture of funds:

• Holding or operating multiple accounts under the same identity.
• Bonus abuse — such as artificially fulfilling bonus conditions.
• Placing bets using insider information or prior knowledge of outcomes.
• Using computer programs or bots to place bets.
• Using the platform for money laundering or illegal fund transfers.
• Harassing or threatening OkyBet staff.
• Attempting to gain unauthorized access to another member's account.

9. Account Closure & Suspension

OkyBet may temporarily or permanently suspend an account under the following circumstances:

• Violation of these Terms & Conditions.
• If you register using false or misleading information.
• If evidence of fraudulent or deceptive activity is found.
• By order of a court or regulatory authority.

Members may request account closure at any time. Any remaining balance will be refunded, excluding bonus funds.

10. Privacy & Data Protection

For full details on how OkyBet collects, stores, and uses your personal information, please visit our Privacy Policy Available on the page.

In summary, we use your information for:

• For account management and identity verification purposes.
• For transaction processing and fraud prevention.
• To comply with legal and regulatory obligations.
• To send you special offers and updates with your consent.

We do not sell your information to third parties.

11. Responsible Gaming

OkyBet believes betting should be a healthy form of entertainment. That's why we offer all members the following tools:

• Deposit Limits: Set daily, weekly, or monthly deposit limits.
• Betting Limits: Set a maximum bet limit for a defined period.
• Cooling-Off: Take a break from betting for a set period of time.
• Self-Exclusion: Temporarily or permanently deactivate your account.

For professional support with betting-related issues Responsible Gaming Visit the page.

12. Dispute Resolution

If you have a dispute with OkyBet, you may seek resolution through the following steps:

1. Contact Support: Start by submitting a complaint via Live Chat or at support@okybet.ws. You will receive a response within 24 hours.
2. Manager Review: If you are not satisfied with the initial resolution, the matter will be escalated to a senior manager.
3. Third-Party Mediation: If both parties agree, disputes may be resolved through an independent mediator.

In bet settlement disputes, the results provided by the official sports data provider will be considered final.

13. Right to Amend Terms & Conditions

OkyBet reserves the right to amend these Terms & Conditions at any time. For significant changes:

• You will be notified via your registered email or SMS at least 7 days before any changes take effect.
• Continued use of the platform after any changes take effect will be considered acceptance of the updated terms.
• If you do not accept the updated terms, you will have the option to close your account.