📋 Legal Information

Olabet's Terms and Conditions

Please read these Terms and Conditions carefully before using our platform. They cover accounts, bonuses, payments, responsible gaming, and other important topics in clear detail.

Last Updated: January 2026

Key Highlights of the Terms & Conditions at a Glance

Before reading the full document, check out this quick summary.

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Age Restriction: 18+

Olabet is strictly for users aged 18 and above. Age verification is mandatory at registration, and any account found to have provided false information will be terminated.

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Transparent Bonus Terms

Wagering requirements for each bonus are clearly stated upfront. There are no hidden conditions — you will know all the terms before claiming any bonus.

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Payments & Withdrawals

All deposits and withdrawals must be made using a verified payment method in your own name. Transactions through third-party accounts are strictly prohibited.

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Account Security

Each person may register only one account. Members are responsible for keeping their password secure. We reserve the right to suspend any account showing suspicious activity.

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Fair Play Guarantee

All Olabet games are RNG (Random Number Generator) certified. Any attempt at cheating or manipulation will result in permanent account closure.

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Responsible Gaming

We support responsible gaming. Deposit limits, self-exclusion, and cooling-off periods are available to use at any time.


01 General Terms & Conditions

By using the Olabet (olabet.fun) website, you are considered to have fully agreed to these Terms and Conditions. If you do not agree with any part of these terms, please do not use our platform.

Olabet is an international online gaming platform operating under a valid license. These Terms and Conditions form a legal agreement between members and Olabet. While these terms are published in English for Bangladeshi users, the English version shall be considered final in the event of any legal dispute.

Important: By registering on Olabet, you confirm that you are at least 18 years old, that online gaming is permitted in your jurisdiction, and that you are using this platform of your own free will.

Olabet reserves the right to modify these Terms and Conditions at any time. Continued use of the platform after any changes constitutes acceptance of the updated terms. We recommend checking this page regularly.

02 Account Registration & Verification

Registering on Olabet requires you to provide accurate and complete information. Creating an account with false or misleading details is a direct violation of these Terms and Conditions and may result in account termination and forfeiture of any funds held.

  • Each person may register only one account — multiple accounts are strictly prohibited.
  • The name, address, and date of birth provided at registration must be accurate.
  • A copy of your National ID or passport may be requested for KYC (Know Your Customer) verification.
  • Withdrawals may be delayed if verification has not been completed.
  • Keeping your account password secure is entirely the member's responsibility.
  • You may not allow anyone else to access or use your account.
Warning: Operating multiple accounts from the same device, IP address, or payment method will be automatically detected by our system and all associated accounts will be closed.

Olabet may request additional identity verification documents at any time. This is part of our security process, and cooperating with such requests is every member's responsibility.

03 Bonus & Promotional Offers

Olabet regularly offers a variety of bonuses and promotional deals. Each bonus has its own terms and conditions, detailed on the offer page. Accepting a bonus means you are required to comply with those specific terms.

  • Welcome Bonus: For new members only, applicable once per account.
  • Wagering Requirement: To withdraw bonus funds, a specified wagering requirement must be met — typically 15 to 30 times the bonus amount.
  • Duration: Each bonus has a set expiry period — any bonus that is not used within this period will be forfeited.
  • Game Restrictions: Some bonuses may only be used on specific games.
  • Multiple Bonuses: Multiple bonuses cannot be combined unless explicitly stated otherwise.
Please note: If an account is opened solely to exploit bonuses, or if unusual betting patterns are detected, Olabet reserves the right to cancel the bonus and investigate the account.

The same rules apply to cashback offers, free spins, and reload bonuses. Special bonus terms for VIP members are applied separately.

04 Deposit & Withdrawal Policy

Olabet supports deposits and withdrawals via bKash, Nagad, Rocket, and bank transfer. All transactions can be made in BDT.

  • Minimum deposit amount is BDT 500.
  • Minimum withdrawal amount is BDT 1,000.
  • Withdrawals are typically processed within 15 minutes to 24 hours.
  • Payment methods must be registered in the member's own name.
  • Transactions from third-party accounts or cards are strictly prohibited.
  • Large withdrawal requests may be held pending completion of KYC verification.
Transaction Security: Olabet will never ask for your password or OTP via phone or message. If anyone requests such information in the name of Olabet, it is a scam — report it to our support team immediately.

Deposits are generally credited to your account instantly. If a deposit does not appear within 30 minutes, please contact support with your transaction ID.

05 Gaming Rules & Fair Play

All games on Olabet use internationally certified RNG technology. Every game outcome is completely random and is never predetermined in any way.

  • Any attempt to manipulate or hack game outcomes is strictly prohibited.
  • Using bots or automated software to place bets is strictly prohibited.
  • Arbitrage or bonus abuse using multiple accounts is strictly prohibited.
  • Any disrespectful behaviour toward dealers in Live Casino games will result in the session being terminated.
  • If your internet connection drops, the outcome of any active bet at that time will be determined by the server record.
Technical Issues: Olabet reserves the right to void any winnings incorrectly displayed due to a software bug or technical error. In such cases, the actual calculated result shall be final.

For Sports Betting, Olabet's betting rules apply in situations such as odds changes, match cancellations, or postponements. Detailed rules for each sport are available in the betting section.

06 Responsible Gaming

Olabet believes gaming should be a source of entertainment — never a cause of addiction or financial difficulty. That's why we actively promote responsible gaming and encourage all members to stay informed.

  • Deposit Limit: You can set daily, weekly, or monthly deposit limits.
  • Session Limit: Set a limit on how long you play in a single session.
  • Cooling-Off Period: You may take a break ranging from 24 hours up to 30 days.
  • Self-Exclusion: You may temporarily or permanently close your account for an extended break.

If you feel that gaming is having a negative impact on your life, please contact our support team. For more information, visit our Responsible Gaming Page View.

07 Privacy & Personal Data

Olabet treats the protection of your personal data as a top priority. Information provided during registration is used solely for account management, KYC verification, and transaction processing.

  • Your data is never sold to third parties.
  • Information may be disclosed to authorities when required by legal obligation.
  • SSL encryption keeps all data and transactions secure.
  • We collect browsing data in accordance with our Cookie Policy.

For more details, visit our Privacy Policy Read it here.

08 Account Suspension & Termination

Olabet reserves the right to suspend or terminate an account without notice for any of the following reasons:

  • Registering with false or inaccurate information.
  • Operating multiple accounts.
  • Bonus abuse or attempted fraud.
  • Hacking, manipulation, or any attempt to gain an unfair advantage.
  • Money laundering or suspicious financial activity.
  • If the member is found to be under 18 years of age.
In the event of account termination: If an account is terminated due to a terms violation, any bonus balance may be forfeited. However, the return of any legitimately deposited real balance will be reviewed and considered after investigation.
09 Limitation of Liability

Olabet is not responsible for any financial losses resulting from gaming on the platform. All gaming activity is entirely at the member's own discretion and risk. Olabet's liability is limited in cases of losses caused by technical failures, server downtime, or internet issues.

For software errors caused by third-party game providers (such as Evolution or Pragmatic Play), the respective provider's own policy will apply. Olabet will act as an intermediary and make reasonable efforts to resolve the issue.

10 Terms Changes & Contact

Olabet reserves the right to amend, update, or modify these Terms and Conditions at any time. Members will be notified of significant changes via email or an on-platform notification.

Continued use of the platform after updated terms are published will be considered acceptance of those terms. We recommend checking this page regularly.

If you have any questions or complaints regarding these Terms and Conditions, please contact our support team. We are available 24/7, seven days a week.

Contact: [email protected] — our support team typically responds within 30 minutes.

Done reading the terms? Join now!

You've reviewed Olabet's Terms and Conditions — now register safely and claim your welcome bonus.

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