123bet Terms & Conditions — The complete guide to using our platform

1 General Terms & Conditions

These Terms & Conditions constitute a legally binding agreement between 123bet (hereinafter referred to as the "Platform", "we", or "us") and its users. By accessing or using 123bet's website, app, or any of its services, you agree to be fully bound by these terms.

Our services are operated for residents of Bangladesh. 123bet is committed to delivering the highest standard of online betting and gaming. These Terms & Conditions are written in plain language so every member can understand them with ease.

1.1 Acceptance of Terms

By using 123bet's services, you are deemed to have accepted these Terms & Conditions. We may update them from time to time, and we will notify you of any major changes via email or in-app notification.

2 Account Registration

To bet on 123bet, you must first create an account. You are required to provide accurate and complete information during registration. Providing false information may result in account termination.

2.1 Registration Terms

• Each individual may only One can open an account. Creating multiple accounts is strictly prohibited.
• The mobile number, email address, and date of birth provided during registration must be accurate.
• Keep your account password confidential. Do not allow anyone else to access or use your account.
• Notify 123bet promptly if any of your account details change.
• You are responsible for all activity carried out through your account.

2.2 Account Verification (KYC)

For security purposes, 123bet may require identity verification in certain cases. You may be asked to provide a copy of your National ID or passport. Failure to complete verification may delay the withdrawal process.

3 Eligibility & Age Requirements

The following requirements must be met to be eligible to use 123bet's services:

• Age: You must be 18 years of age or older at the time of registration.
• Nationality: Anyone residing in Bangladesh is eligible to register.
• Legal Capacity: You must have the legal capacity to enter into a binding contract.
• Unrestricted: You may not register if you have any prior bans or restrictions against you on 123bet.

4 Betting Rules

Please read the following rules carefully before placing any bets on 123bet. Each bet constitutes a binding agreement—once confirmed, it cannot be cancelled.

4.1 Betting Limits

4.2 Bet Cancellation Scenarios

• If a match is cancelled or abandoned, all bets will be refunded.
• If a bet is placed at an incorrect odds due to a technical error, 123bet reserves the right to review and void that bet.
• Pre-match bets may be voided if a match kicks off earlier than its scheduled time.
• 123bet reserves the right to correct any odds that contain an obvious error.

5 Payments & Withdrawals

Deposits and withdrawals at 123bet are completely secure. We support the most popular payment methods in Bangladesh.

5.1 Deposit Policy

• Minimum Deposit ৳500. The maximum daily deposit limit is ৳10,00,000.
• Deposits are typically credited to your account instantly.
• No additional charges are applied to deposits.
• Only use payment methods registered in your own name.

5.2 Withdrawal Policy

• Minimum Withdrawal ৳500. Maximum daily withdrawal limit is ৳5,00,000.
• BKash and Nagad transactions are typically processed within 5–15 minutes.
• Bank transfers may take 1–3 business days to process.
• KYC verification may be required prior to your first withdrawal.
• Withdrawals can only be made to the same payment method used for the deposit.

6 Bonuses & Promotions

123bet regularly offers exciting bonuses and promotions. Each bonus comes with its own terms and conditions, which you should read before use.

6.1 Welcome Bonus

• New members on their first deposit 200% Welcome Bonus you will receive (maximum ৳10,000).
• A minimum deposit of ৳500 is required to claim the bonus.
• A 5x wagering requirement must be met before bonus funds can be used.
• The wagering requirement must be completed within 30 days.

6.2 General Bonus Terms

• Each bonus may only be used once per promotion.
• Bonus balance cannot be withdrawn directly.
• Claiming bonuses through multiple accounts is strictly prohibited.
• 123bet reserves the right to modify or cancel any bonus promotion at any time.
• Bonuses are only available after making a deposit with real money.

7 Responsible Betting

123bet firmly believes that betting is for entertainment purposes only. The health and financial well-being of our members are our top priority.

• You can set daily, weekly, and monthly deposit limits on your account.
• If needed, you can temporarily lock your account for a period ranging from 1 day to 6 months.
• A permanent self-exclusion option is also available — once activated, it cannot be reversed.
• If you notice signs of problem gambling, please contact our Help Centre.

8 Prohibited Activities

The following activities are strictly prohibited on 123bet. Violations may result in immediate account closure and full balance forfeiture.

• Match Fixing: Attempting to influence or being involved in manipulating the outcome of a match.
• Money Laundering: Using funds obtained from illegal sources on the platform.
• Bot Usage: Using automated software or bots to place bets.
• Multiple Accounts: Creating multiple accounts under the same person's name.
• Bonus Abuse: Placing artificial bets or transactions for the purpose of obtaining bonuses.
• Hacking: Attempting to breach or circumvent the platform's security systems.
• Minor Participation: Allowing anyone under the age of 18 to use your account.

9 Account Suspension & Closure

123bet reserves the right to temporarily or permanently suspend your account under the following circumstances:

• Violation of the Terms & Conditions.
• If fraudulent activity is suspected.
• Failure to pass KYC verification.
• By court order or as required by law.
• At your own request.

Before closing an account, 123bet will notify you of the reason and provide an opportunity to appeal. Any valid balance will be refunded, unless fraud has been established.

10 Privacy & Data Protection

Protecting your personal data is one of 123bet's foremost responsibilities. We use your information solely for the purpose of providing our services and ensuring security.

• Your personal information will never be sold to third parties.
• Your information will not be shared with any authority except as required by law.
• You may request to view or delete your personal data at any time.
• All data is stored on encrypted servers.

11 Dispute Resolution

If any dispute arises regarding a bet outcome or payment, 123bet is committed to providing a fair and prompt resolution.

12 Changes to Terms & Conditions

123bet may update these Terms & Conditions as needed. For any major changes, we will provide advance notice. Continued use of the platform after any changes constitutes your acceptance of the updated terms.

These Terms & Conditions were last 1 January 2026 Updated on this date. Next review scheduled for July 2026.