Richbd Bet Terms & Conditions — Complete Guide

1. Introduction & Eligibility

Welcome to Richbd Bet. These Terms and Conditions form a legally binding agreement between the Richbd Bet platform and all its users. By using the richbdbet.app website or mobile app, you automatically agree to be bound by these terms. Please read them carefully before proceeding.

Richbd Bet is an online Sports Betting platform built for betting enthusiasts in Bangladesh. By using our services, you agree to comply with all terms and conditions set out here. If you do not agree with any of these terms, please do not use our platform.

Scope of Application

These terms and conditions apply to the Richbd Bet website, mobile application, customer support services, and all associated digital platforms. Any new features or services introduced will also fall under these terms unless otherwise stated.

2. Account Registration

Opening an account with Richbd Bet requires meeting certain basic conditions. All information provided at the time of registration must be truthful, accurate, and complete. Richbd Bet reserves the right to close any account at any time if false or incorrect information is found.

Registration Eligibility

• You must be at least 18 years old — registration is strictly prohibited for anyone under this age.
• A valid national ID card or passport is required.
• An active mobile number and email address are required.
• A valid bKash, Nagad, or Rocket account is required.
• Registration is not permitted from countries where online betting is prohibited by law.

One Account Policy

Only one Richbd Bet account is permitted per person, household, or device. If multiple accounts are found using the same device, IP address, or payment method, all accounts will be suspended and balances may be forfeited.

Account Security

Never share your login credentials, password, or OTP with anyone. If you notice unauthorized access to your account, contact our support team immediately. While keeping your account secure is primarily your responsibility, Richbd Bet is always on hand to provide technical assistance.

3. Identity Verification (KYC)

Richbd Bet follows a KYC (Know Your Customer) process to prevent financial fraud, money laundering, and underage access. KYC verification may be required before your first withdrawal or at any time at Richbd Bet's discretion.

Required Documents

• Proof of Identity: A clear photo of your National ID (NID), passport, or driving license.
• Proof of Address: A utility bill, bank statement, or government-issued document (issued within the last 3 months).
• Payment Verification: Proof of ownership and the bKash/Nagad account number used for transactions.
• Selfie Verification: A selfie holding your NID may be required in certain cases.

KYC verification is typically completed within 24–48 hours. Withdrawals may be temporarily put on hold until verification is complete. All documents are stored securely and are never shared with third parties.

4. Deposits & Withdrawals

All transactions on Richbd Bet are fast and fully secure. We support deposits and withdrawals via bKash, Nagad, and Rocket. All transactions are processed in Bangladeshi Taka (BDT).

Deposit Policy

• Minimum deposit: ৳200
• Maximum single deposit: ৳50,000
• Daily deposit limit: ৳1,00,000
• Deposits are usually credited to your account within 30 seconds to 5 minutes.
• No additional charges apply on deposits.

Withdrawal Policy

• Minimum withdrawal: ৳500
• Maximum single withdrawal: ৳20,000
• Daily withdrawal limit: ৳50,000
• Standard processing time: 1–24 hours.
• KYC verification is mandatory for your first withdrawal.

Failed Transactions

For failed deposits, funds are automatically returned to the source account. If the amount is not returned within 2 hours, please contact our support team with your transaction ID.

5. Betting Rules & Regulations

The following rules must be strictly followed when betting on Richbd Bet. They apply equally to all users.

Bet Acceptance & Cancellation

Once a bet is confirmed, it generally cannot be cancelled. However, Richbd Bet reserves the right to void a bet in the following circumstances:

• Incorrect odds are displayed due to a technical error.
• If a match is cancelled or postponed before the event begins.
• If evidence of fraud or match-fixing is found.
• If incorrect scores or results are recorded due to a data feed error.

Live Betting Rules

Odds in live betting change rapidly. If the odds shift during bet confirmation, the bet will either be accepted at the updated odds or you will be given the option to cancel. If a bet fails to process due to an internet disconnection, the amount will be returned to your wallet.

Maximum Bet & Payout Limits

• The maximum stake for a single bet varies by event.
• Maximum payout per single bet: ৳10,00,000.
• Maximum payout for accumulator bets: ৳50,00,000.

6. Bonuses & Promotions

Richbd Bet regularly offers a variety of bonuses and promotions. Each bonus comes with specific terms that must be met. Any attempt to abuse a bonus may result in account suspension.

Welcome Bonus

• 100% bonus on your first deposit (up to ৳5,000).
• A minimum deposit of ৳500 is required to qualify for a bonus.
• The bonus amount becomes withdrawable after being wagered 10 times.
• Wagering deadline: within 30 days of the bonus credit.

General Bonus Terms

• The same bonus cannot be claimed more than once per account.
• Free bets are valid only on selected markets.
• Bonus balances cannot be transferred to another account.
• Bets placed with a bonus must have minimum odds of 1.50 or above.
• Richbd Bet will provide advance notice if a promotion is cancelled.

7. Responsible Gaming

Richbd Bet believes betting is a form of entertainment — it should never be treated as a primary source of income. We provide a range of Responsible Gaming tools to help protect our users.

Available Protection Tools

• Deposit Limit: Set daily, weekly, or monthly deposit limits.
• Loss Limit: Set a cap on how much you're willing to lose within a given period.
• Cooling-Off: Take a break from betting for a set period of time.
• Self-Exclusion: Option to permanently close your account.
• Reality Check: Regular reminders showing how much time and money you've spent.

If you feel your betting is getting out of control, contact our support team right away. For more information, visit our Responsible Gaming View page.

8. Prohibited Activities

The following activities are strictly prohibited on Richbd Bet. Violating these rules may result in permanent account suspension and forfeiture of any associated balance.

• Creating multiple accounts to take advantage of bonus offers.
• Registering using a fake identity or someone else's information.
• Placing bets using bots or automated software.
• Betting using match-fixing or insider information.
• Selling or transferring your account to another person.
• Using the platform for money laundering or any other illicit financial activity.
• Exploiting system vulnerabilities or bugs to gain an unfair advantage.
• Threatening or harassing other users.

9. Privacy Policy

Richbd Bet takes the protection of your personal data very seriously. Information provided during registration is used solely for account management, KYC verification, and legal compliance.

Data Collection & Use

• Registration details: name, date of birth, mobile number, email.
• Identity documents: copy of NID, passport, or driving license.
• Transaction data: deposit, withdrawal, and betting history.
• Device information: IP address, browser type, and device model.

Your information is never sold to third parties. However, we may be required to share data with authorities for legal reasons or by court order. For more details, please see our Privacy Policy View page.

10. Account Closure

Either the user or Richbd Bet may close an account at any time.

Closed at User's Request

You can close your account at any time by contacting our support team. Please settle any pending withdrawals before closing. If a balance remains after closure, it will be refunded upon request.

Closed by Richbd Bet

Richbd Bet may close an account without prior notice in the following circumstances:

• For violations of our Terms & Conditions.
• If evidence of fraud or cheating is found.
• By order of a legal authority.
• Extended inactivity for 24 months or more.

11. Limitation of Liability

Richbd Bet is not liable for the following:

• If a bet fails to process due to an internet disconnection.
• Errors or delays caused by third-party payment gateways.
• Account details are compromised due to user negligence.
• Force majeure events — such as natural disasters or government-imposed restrictions.
• Impact on betting outcomes due to the cancellation or alteration of a sporting event.

The maximum liability in any case is limited to the total amount of the transaction in question.

12. Changes to Terms

Richbd Bet reserves the right to update these terms and conditions at any time. When changes are made:

• A notification will be sent to your registered email.
• The updated version will be published on the website with a new effective date.
• You will be notified 7 days in advance of any significant changes.

Continued use of the platform after any changes will be considered acceptance of the updated terms. If you have any questions or concerns, please reach out to our support team.