Legal Document

Magabet Terms & Conditions — Everything You Need to Know Before You Play

Please read these terms and conditions carefully before using the magabet platform. All information regarding accounts, betting, payments, and responsible gaming is clearly outlined here.

Last Updated: January 2026
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12 Main Sections
Full Terms & Conditions
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Fully Transparent
No Hidden Terms
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Written in Plain English
Easy to Understand

Important Notice: By creating or using a magabet account, you are considered to have accepted all of the following terms and conditions. Please read the full document before you start using the service.

01

Introduction & Eligibility

Magabet is an online betting and gaming platform operating for users in Bangladesh. These terms and conditions form a legal agreement between magabet and its users. By registering, logging in, or using the platform in any way, you automatically agree to these terms.

These Terms & Conditions may be updated from time to time. Any changes will be notified on the magabet website. Continued use of the platform after new terms are published will be considered acceptance of those terms.

  • This platform is intended for personal entertainment purposes only.
  • Use for commercial purposes is strictly prohibited.
  • Magabet reserves the right to modify its terms of service at any time.

02

Account Registration & Management

You must provide accurate and complete information when registering with magabet. Accounts created with false or incorrect information may be closed at any time and the balance may be forfeited.

Each individual may only register one account. If multiple accounts are found under the same person, all will be closed and all funds forfeited. magabet maintains a strict stance on this.

  • You must provide your correct name, mobile number, and address at the time of registration.
  • Keep your account password private and never share it with anyone.
  • Contact our support team for any changes to your account details.
  • One mobile number and one bank account may only be linked to a single magabet account.

Keep in Mind: You are solely responsible for the security of your account. magabet will not be held liable for any loss caused by a third party accessing your account.


03

Age Verification & Eligibility

You must be 18 or older to open an account on magabet. Any account found to be held by someone under 18 will be closed immediately.

Magabet may request a copy of your National ID (NID), passport, or birth certificate at any time for verification. magabet reserves the right to hold withdrawals until verification is complete.

Warning: Allowing minors to open an account or placing bets on their behalf is a legal offence and will result in action being taken against the account in question.


04

Deposit & Withdrawal Rules

Deposits on magabet can be made via Mobile Pay, Nagad, Rocket, Upay, bank transfer, or card. The minimum deposit amount is ৳500. Deposits are typically credited to your account instantly.

Full account verification is required before any withdrawal. Withdrawals can only be made via the same payment method used for the deposit. The minimum withdrawal amount is ৳500, and a maximum daily limit applies.

  • No additional charges on deposits.
  • Withdrawals are typically processed within 15 minutes to 24 hours.
  • Bonus balances cannot be withdrawn directly — wagering requirements must be met first.
  • Magabet reserves the right to suspend withdrawals in the event of suspicious transactions.
  • Please avoid submitting the same withdrawal request more than once.

Tips: To receive withdrawals faster, complete account verification in advance and ensure your payment details are correct.


05

Betting Rules & Outcome Determination

Once a bet is confirmed on magabet, it cannot be changed or cancelled. Please review all details carefully before placing your bet.

Match results are determined by verification from internationally recognised sources. In the event of any dispute, magabet's decision shall be final.

  • If a match is cancelled, your stake will be refunded.
  • If a match in a combo bet is cancelled, it will be removed and the remaining odds will be used to recalculate the bet.
  • If a bet is accepted at an incorrect odds due to a technical error, magabet reserves the right to void that bet.
  • In live betting, any bets already confirmed at the time of a disconnection will remain valid.

06

Bonus & Promotion Terms

Magabet offers a range of bonuses and promotions. Each offer has its own terms, detailed on the offer page. The general rules are as follows:

  • Bonuses apply once only, unless stated otherwise in the offer.
  • To withdraw bonus balance, you must meet the specified wagering requirements.
  • Any attempt to abuse bonuses will result in account closure.
  • Magabet reserves the right to modify or cancel any offer at any time.
  • Attempting to claim bonuses from multiple accounts on the same device or IP address is prohibited.

Warning: Claiming a bonus without reading the terms can cause problems later. Please read the conditions carefully before claiming any offer.


07

Prohibited Activities

The following activities are strictly prohibited on magabet. Violations will result in permanent account closure and forfeiture of the account balance:

  • Placing bets using match-fixing or insider information.
  • Creating multiple accounts to abuse bonuses.
  • Placing bets using someone else's account.
  • Automated betting using software or bots.
  • Depositing funds through money laundering or illegal sources.
  • Hacking or any form of cyber attack against the magabet system.
  • Abusive behaviour toward support staff or other members.

08

Account Suspension & Closure

Magabet may temporarily suspend an account at any time for investigation purposes. During the suspension, you will not be able to log in or withdraw your balance. Once the investigation is complete, the account may be reinstated or permanently closed.

You can close your account at any time by contacting our support team via email. Any pending withdrawals will be processed before the account is closed.

  • Permanently closed accounts cannot be reopened.
  • Bonus balances on accounts closed for terms violations will not be refunded.
  • As part of responsible gaming, you can always restrict or close your account on your own at any time.

09

Responsible Gaming Policy

Magabet believes betting should be a source of enjoyment — not stress or addiction. That's why responsible gaming is our top priority.

If you feel that betting is having a negative impact on your life, you can take the following steps:

  • Set deposit limits — daily, weekly, or monthly.
  • Take a break — for 7 days, 30 days, or as long as you need.
  • Contact support for permanent Self-Exclusion.
  • Seek professional help if needed.

Keep in Mind: Betting is never a substitute for income. Never bet more than you can afford to lose. For more information, visit our Play Responsibly page.


10

Privacy & Data Protection

Magabet keeps your personal information completely confidential. Your data is never sold or shared with third parties. Only the information necessary to operate the service is stored.

We use SSL encryption and advanced security technology to keep your data safe. For more details, please refer to our Privacy Policy.


11

Limitation of Liability

Magabet always strives to provide reliable service. However, certain situations beyond our control may cause disruptions — such as internet outages, natural disasters, or third-party system failures.

  • If a bet fails due to a connection issue, your stake will be automatically refunded.
  • The service may be temporarily unavailable during server maintenance.
  • Magabet is not responsible for any issues arising from third-party payment systems.

Please Note: magabet is not responsible for the financial outcome of your betting decisions. Every betting decision is entirely your own.


12

Changes & Contact

Magabet may update these Terms & Conditions at any time. For significant changes, notice will be provided on the website and via email. Continued use of the service after any changes constitutes acceptance of the updated terms.

If you have any questions or feedback regarding these terms, please contact our support team:

  • Email: support@magabet.click
  • Live Chat: Available directly on the platform
  • Help Centre: /help-center
Why trust magabet

Our Commitment

Beyond the terms and conditions, we stand by a set of core commitments

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Your Data is Fully Secure

Your personal information and financial data are protected by SSL encryption. We never sell your data to third parties.

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Transparent & Fair

Every bet outcome is determined fairly. There are no hidden charges or unclear rules on magabet.

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Guaranteed Payouts

No need to worry about receiving your winnings. magabet ensures fast and reliable withdrawals.

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24/7 Support

For any questions about the rules, reach out via 24/7 live chat. We respond quickly in Bengali.

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Responsible Gaming

We want every member to play responsibly. Deposit limits and self-exclusion options are always available.

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Clear Terms

All terms are written in plain, simple language instead of complex legal jargon — so every member can understand them easily.

Get Started

Read the terms? Register now

Magabet's terms and conditions are fully transparent. Join now and enjoy a safe betting experience.

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