General Definitions and Concepts
- Gambling Agreement: A risk-based agreement between participants, structured around predefined rules for determining a winner.
- Betting: A subset of gambling where outcomes are based on events with uncertain results.
- Bet: Funds provided by the participant (Client), representing their agreement to engage in gambling under specific conditions.
- Gambling Organizer (Betting Company): 1xBet operates under gaming license No. 1668/JAZ issued by Curacao eGaming, ensuring compliance with global standards.
- Client: An individual who places bets on the outcomes of events. Corporate entities are not permitted to participate as Clients.
- Outcome: The result of an event on which the Client places a bet.
- Betting Line (Sports): A compilation of events with possible outcomes and corresponding odds offered for betting.
- Winnings: Monetary funds or assets awarded to the Client based on the gambling outcome as determined by these terms.
- Odds: A numerical representation of the likelihood of an event’s outcome, determining the payout for a winning bet.
- Bet Cancellation/Refund: Adjusting odds to 1 (one), effectively refunding the bet under specific circumstances.
- Regular Time: The official duration of a match, including added time but excluding extra time, penalty shootouts, or overtime.
- Personal Account: A secure online interface provided to Clients for managing bets and account activities, accessible via the 1xBet website or app.
- Authorization Data: Login credentials, such as username and password, used for Client authentication. Additional forms of verification may also be required.
Understanding and Participation
Clients are encouraged to familiarize themselves with the terms and definitions related to betting and gaming activities. If clarification is needed:
- Request information regarding the event or game.
- Contact the 1xBet support team for assistance.
- Avoid placing bets or participating in games until the terms are fully understood.
- 1xBet is not liable for actions taken by Clients who fail to understand the rules of participation or betting conditions.
Theoretical Return to Client
The term “Theoretical Return to Client” (TRC) may be displayed on the 1xBet platform to indicate an estimated percentage of bets theoretically returned to Clients over a series of rounds or spins. This figure is purely theoretical and does not guarantee specific outcomes. Clients may experience wins or losses regardless of the stated TRC percentage.
By engaging in betting activities with 1xBet, Clients confirm their understanding and acceptance of these rules and definitions.