General Definitions and Concepts
- Gambling Contract: A contractual agreement where participants undertake a risk for potential winnings, according to established rules.
- Betting: A form of gambling dependent on the outcomes of uncertain events.
- Bet: Financial or digital contributions from a participant (Client), representing an agreement to participate in gambling activities under set regulations.
- Gambling Organizer (Betting Company): Bizbon N.V., operating under the gaming license No. 8048/JAZ2016-065 from Curacao.
- Client: An individual who places wagers on the outcomes of events. Legal entities cannot participate as clients in these betting activities.
- Outcome: The final result of an event that has been bet upon.
- Betting Line (Sports): An assortment of events and their possible outcomes available for wagering, along with respective odds.
- Winnings: Funds or assets given to the Client following the resolution of a bet, according to these regulations.
- Odds: The numerical value that represents the likelihood of a specific event’s outcome, which determines the amount paid out on a winning bet.
- Bet Cancellation/Refund: The process of setting odds to 1 (one), effectively returning the wager under certain conditions.
- Regular Time: The stipulated duration of a match, inclusive of added time but excluding any extensions like extra time or penalty shootouts.
- Personal Account: A digital interface for Clients to place bets and oversee their betting activities, accessible through a web browser.
- Authorization Data: Essential credentials required for client verification, typically involving a username and password, though other forms of identification might be needed.
Understanding and Engagement
Clients are advised to fully understand the betting and gaming terms relevant to their activities. If uncertain:
- Seek further explanation regarding specific events or games.
- Contact the support team for more help.
- Avoid betting or participating in games until clarity is achieved.
Mostbet is not liable for client decisions made without a clear understanding of these betting conditions.
Theoretical Return to Client
This term refers to a hypothetical calculation shown on the website, which represents the percentage of bets that are theoretically returned to clients over a certain number of rounds or spins. This percentage is an estimate and does not assure a definite return. Clients might experience wins or losses independent of the stated theoretical return.
By engaging in betting activities, clients agree to abide by these terms and conditions, confirming their understanding and acceptance of the rules and definitions outlined.