General Definitions and Concepts
- Gambling Agreement: A risk-based arrangement where participants engage based on predefined rules, aiming for a potential win.
- Betting: A type of gambling where the outcome depends on an uncertain event.
- Bet: The monetary or electronic funds placed by a participant (Client), indicating their agreement to participate in gambling under specified conditions.
- Gambling Organizer (Betting Company): Bizbon N.V., operating under gaming license No. 8048/JAZ2016-065 issued by Curacao.
- Client: An individual who places bets on event outcomes. Legal entities are not eligible to participate in betting activities.
- Outcome: The result of an event on which a bet is placed.
- Betting Line (Sports): A list of events and possible outcomes with associated odds, available for betting.
- Winnings: Funds or property awarded to the Client based on the result of the gambling activity, according to the rules.
- Odds: A numerical representation of the likelihood of an event’s outcome, determining the payout for a winning bet.
- Bet Cancellation/Refund: Adjusting the odds to 1 (one), effectively refunding the bet under certain conditions.
- Regular Time: The official duration of a match, including added time but excluding extra time, overtime, and penalty shootouts.
- Personal Account: An online interface where Clients place bets and manage their activities, accessible via an internet browser.
- Authorization Data: Information required for Client authentication, typically including a login and password, but may involve other forms of identification.
Understanding and Participation
Clients must fully understand the terms and definitions relevant to betting and gaming. If unsure:
- Seek clarification about the event or game in question.
- Contact the support team for assistance.
- Refrain from placing bets until full understanding is achieved.
- Mosbet.in disclaims responsibility for Client actions resulting from a lack of understanding of participation or betting conditions.
Theoretical Return to Client
The term ‘Theoretical Return to Client’ on the website indicates a calculated percentage of bets theoretically returned to Clients over a series of rounds or spins. This figure is theoretical and does not guarantee a specific return rate. Clients may experience wins or losses regardless of the indicated Theoretical Return.
By participating in betting activities, Clients agree to these terms and conditions, acknowledging their understanding and consent to engage under the specified rules and definitions.
