Magabet Terms & Conditions

1 General Terms & Conditions

Magabet is an international online betting and gaming platform. These terms and conditions apply to all services, products, and websites operated by Magabet. By accessing the platform, registering an account, or using any of our services, you are agreeing to these terms in full.

Magabet reserves the right to update these terms and conditions at any time without prior notice. Continued use of the platform after any changes constitutes your acceptance of the revised terms. We recommend checking this page regularly to stay up to date.

• Magabet's services are intended for personal and recreational use only.
• Using the platform for commercial purposes or on behalf of third parties is strictly prohibited.
• Although these terms are written in Bengali, the English version shall be considered the authoritative legal text.
• All decisions made by Magabet are final and binding.

2 Account Registration

To register on Magabet, you must provide accurate and complete information. Providing false or incomplete details may result in account termination and forfeiture of any remaining balance.

Each user Only one open an account. If any individual is found operating multiple accounts, all associated accounts will be closed. The same action will be taken if multiple accounts are detected from the same IP address, device, or payment method.

• You must provide your correct name, date of birth, and contact details at the time of registration.
• Keeping your account password confidential is entirely your responsibility.
• Sharing or selling your account to anyone else is strictly prohibited.
• If you notice any suspicious activity on your account, contact Magabet support immediately.

3 Age Verification

Magabet services are available exclusively to 18 years of age or older only. This platform is strictly off-limits to minors. Providing false information about your age during registration will result in immediate account termination and forfeiture of all balances.

Magabet may request identity documents for age verification at any time. Withdrawals may be placed on hold until verification is complete. It is your responsibility to ensure that no minors in your household can access this platform.

4 Deposits & Payments

Deposits on Magabet can be made via Mobile Pay, Nagad, Rocket, or bank transfer. The minimum deposit amount is ৳200. Please ensure all details are correct when making a deposit, as errors may cause the transaction to fail.

Deposits are normally credited to your account instantly. If there is a delay due to technical issues, please contact our support team. Keep your transaction reference as proof of deposit.

• Only use payment methods registered in your own name.
• Depositing on behalf of a third party is strictly prohibited.
• Avoid betting with credit cards or borrowed money.
• There are no hidden charges on deposits; however, your payment provider may apply their own fees.

5 Withdrawal Policy

To withdraw from Magabet, your account verification must be complete. The minimum withdrawal amount is ৳500. Withdrawals are typically processed within 1–3 hours, though bank transfers may take slightly longer.

Withdrawals must be made to the same payment method used for the deposit. Using a different method may require additional verification.

• Withdrawals will be restricted until bonus balance wagering requirements are met.
• Withdrawals may be placed on hold pending investigation in cases of suspected suspicious activity.
• Magabet does not charge any fees on withdrawals.
• The maximum daily withdrawal limit is determined by your account tier.

6 Bonuses & Promotions

Magabet offers a variety of bonuses and promotions. Each bonus comes with its own specific terms, which are listed on the relevant bonus page. We strongly recommend reading these terms carefully before claiming any bonus.

Withdrawing from bonus funds requires meeting the wagering requirements. Typically, you'll need to wager 10–30x the bonus amount, as specified individually for each offer.

• Each user may claim any bonus once only.
• Bonuses have a fixed time limit for meeting the wagering requirements. Once the deadline passes, the bonus will be forfeited.
• Any attempt to abuse or manipulate bonuses will result in account termination.
• Magabet reserves the right to modify or discontinue any bonus program at any time.
• Attempting to claim bonuses through multiple accounts is strictly prohibited.

7 Betting Rules

All bets on Magabet are accepted at the odds displayed at the time of placement. Once a bet is confirmed, it cannot be changed or cancelled unless the cashout option is available. During live betting, odds may change rapidly while an event is in progress.

If a technical issue arises during a match or event, Magabet reserves the right to void the affected bets, in which case the stake will be refunded. If a match is abandoned or concludes before the scheduled time, bet outcomes will be settled in accordance with Magabet's rules.

• Minimum bet amount is ৳50.
• Maximum bet limits vary by account level and event.
• Placing opposing bets on the same event to gain an unfair advantage is prohibited.
• Arbitrage betting is strictly prohibited and will result in immediate account termination if detected.

8 Prohibited Activities

Certain activities are strictly prohibited on Magabet to maintain a safe environment for all users. Violations will result in immediate account termination and may lead to legal action where applicable.

• Money Laundering: Using the platform to launder illicit funds is strictly prohibited.
• Match Fixing: Participation in match manipulation or fixing is a criminal offence.
• Hacking: Any attempt to compromise the security of the platform is strictly prohibited.
• Use of Bots: Using automated software or bots to place bets is prohibited.
• Multiple Accounts: Operating multiple accounts under the same identity is strictly prohibited.
• Abuse: Disrespectful behaviour toward the support team or other users.

9 Account Suspension & Closure

Magabet reserves the right to temporarily suspend or permanently close an account for the following reasons:

• Violation of terms and conditions or involvement in prohibited activities.
• Registering with false or inaccurate information.
• Failure to complete KYC verification.
• Extended account inactivity (more than 12 months).
• For legal or regulatory reasons.

Users may request account closure at any time through our support team. Please withdraw any available balance before your account is closed.

10 Responsible Gaming

Magabet is committed to responsible gaming. We want you to enjoy betting as entertainment, not let it become an addiction. To support this, we provide a range of tools and features to help you stay in control.

• Deposit Limit: Set daily, weekly, or monthly deposit limits to manage your spending.
• Self-Exclusion: Suspend your account temporarily or close it permanently.
• Reality Check: Automatic reminders sent after a set period.
• Cooling-Off Period: Break options available from 24 hours up to 6 weeks.

If you notice any signs of problem gambling, please contact our support team immediately or Responsible Gaming page Read.

11 Privacy & Data Protection

Protecting your personal information is one of Magabet's highest priorities. We use SSL encryption and modern data security measures to keep your data safe. Your information is never sold to third parties.

Full details on how we use your data can be found in our Privacy Policy page. By creating an account, you also agree to our Privacy Policy.

12 Changes to Terms & Contact

Magabet may update these Terms & Conditions at any time. Users will be notified of significant changes via email or an on-platform notification. Continued use of the platform after any changes constitutes acceptance of the updated terms.

If you have any questions or concerns about these terms, please reach out to our support team:

• Email: support@magabet.ws
• Live Chat: Available 24/7