oakbet Terms & Conditions

1 Acceptance of Terms

These Terms & Conditions ("Terms") govern the relationship between you ("the Player") and oakbet ("the Platform") when you access or use any part of the oakbet website located at oakbet.vin, including but not limited to sports betting, live casino, slots, eBingo, and any other gaming or account services offered.

By registering an account, making a deposit, or placing any bet on oakbet, you confirm that you have read, understood, and agreed to these Terms in their entirety. If you are unsure about any part of these Terms, please contact our support team before proceeding.

These Terms apply to all players accessing the platform from within the Philippines. They are written in English and take effect from the moment you create an account.

2 Eligibility

To register and play on oakbet, you must meet all of the following requirements:

• You are at least 21 years of age at the time of registration.
• You are accessing the platform from within the Philippines.
• You are acting on your own behalf as an individual and not as a representative of a business or third party.
• You are not on any self-exclusion list or otherwise prohibited from participating in online gaming under applicable rules.
• You do not already hold another active account on the oakbet platform.

By creating an account, you declare that all of the above are true. oakbet reserves the right to request age and identity verification at any time. Accounts found to be held by players under 21 will be closed and any balance handled in accordance with applicable rules.

3 Account Registration

Each player may hold one account only. You are responsible for providing accurate, complete, and up-to-date registration information. Providing false information — including a false name, date of birth, or contact details — is a breach of these Terms and may result in account closure.

KYC (Know Your Customer) identity verification is required before any withdrawal from your account can be processed. You will be asked to provide valid government-issued identification documents. This process protects your account and ensures that funds are returned to their rightful owner.

If you discover that you have accidentally created duplicate accounts, contact the support team at [email protected] immediately. Duplicate accounts may be merged or closed depending on the circumstances.

4 Deposits & Withdrawals

All deposits and withdrawals on oakbet are processed in Philippine Peso (₱ PHP). Supported payment channels include Philippine online banking, bank transfer, and supported local e-wallets. Credit cards and cryptocurrency are not accepted as payment methods for gaming transactions.

Deposits are generally credited to your account promptly upon confirmation. Processing times may vary depending on your chosen payment channel and your bank or e-wallet provider.

Withdrawals are subject to completed KYC verification. The platform processes withdrawal requests in accordance with standard procedures. You may only withdraw to payment methods previously used for deposits on the same account, subject to applicable rules and verification requirements.

The platform reserves the right to hold or review transactions where unusual activity is detected, pending identity confirmation.

5 Betting Rules

All bets placed on oakbet — whether on sports, live casino, slots, or eBingo — are subject to the specific rules applicable to each game or market. General rules that apply across the platform include:

• Bets are final and binding once confirmed by the system. Bets cannot be changed or cancelled after placement.
• Bets placed after the official close of a betting window — whether in sports betting or a live casino round — will be void and refunded.
• In the event of technical issues during a live casino session, the platform's records are the authoritative source for determining bet outcomes.
• Winnings are calculated based on the applicable odds or game payout table at the time the bet was placed and confirmed.
• The platform reserves the right to void bets where errors in odds, prices, or game data are identified, and to correct such errors after the fact.

Sport-specific and game-specific rules are available within each section of the platform. Players are encouraged to review them before placing bets on unfamiliar markets.

6 Promotions

From time to time, oakbet may offer promotional programmes, bonuses, or other incentives to players. Any such promotion is subject to its own specific terms and conditions, which will be communicated at the time the offer is made.

General principles that apply to all promotions include:

• Promotions are available only to eligible players with verified, active accounts.
• Each promotion may be claimed once per player, per household, or per IP address unless stated otherwise.
• Attempting to abuse or manipulate promotional terms — including through the use of multiple accounts — constitutes a breach of these Terms.
• The platform reserves the right to modify, suspend, or withdraw any promotion at any time.

7 Account Security

You are solely responsible for maintaining the confidentiality of your account login credentials. Do not share your username, password, or OTP codes with any other person. oakbet will never ask for your password via email, SMS, or any other channel.

If you suspect that your account has been accessed by an unauthorised person, contact the support team immediately at [email protected]. The platform uses SSL encryption to protect data in transit and OTP verification to protect sensitive account actions.

Any activity that occurs on your account prior to the reporting of unauthorised access may be treated as having been carried out by the account holder, unless there is clear evidence of a security breach on the platform's side.

8 Prohibited Conduct

The following actions are strictly prohibited and constitute a material breach of these Terms:

• Creating or operating more than one account on the platform.
• Providing false, incomplete, or misleading registration or verification information.
• Using the platform if you are under 21 years of age.
• Attempting to exploit software errors, glitches, or vulnerabilities for financial gain.
• Using automated systems, bots, or scripts to interact with the platform.
• Collusion with other players to manipulate game outcomes.
• Any form of fraud, money laundering, or use of funds from illegal sources.
• Accessing the platform through a proxy, VPN, or other method to circumvent geographic restrictions.

The platform reserves the right to suspend or permanently close any account found to be in breach of these rules, and to withhold any balance pending investigation where fraud or prohibited conduct is suspected.

9 Responsible Gaming

oakbet is committed to promoting responsible gaming. All gaming on the platform is strictly for players aged 21 and above. Gambling should be treated as a form of entertainment, not as a source of income or a way to recover financial losses.

The platform provides self-management tools to help players maintain control of their gaming activity. These tools and further information are available on the Responsible Gaming page.

• Set a session budget before you start playing and stick to it.
• Take regular breaks and monitor the time you spend on the platform.
• Never chase losses by placing higher bets to recover previous losses.
• Never gamble with money that is needed for essential living costs.

10 Limitation of Liability

The oakbet platform is provided on an "as available" basis. While we strive to ensure continuous and uninterrupted access, we do not guarantee that the platform will be free from outages, errors, or technical issues at all times.

To the maximum extent permitted by applicable law, oakbet shall not be liable for:

• Loss of winnings or other financial losses arising from platform downtime or technical errors beyond our reasonable control.
• Losses resulting from a player's failure to safeguard their account credentials.
• Indirect or consequential losses of any kind arising from use of the platform.

Nothing in these Terms limits liability for fraud, wilful misconduct, or any other matter that cannot be excluded by applicable law.

11 Privacy

Your personal data is collected and processed in accordance with the oakbet Privacy Policy. By using the platform, you consent to the collection and use of your information as described in that policy.

Personal data collected during registration and KYC verification is used for account management, identity verification, fraud prevention, and compliance purposes. It is not sold to third parties for marketing purposes.

12 Changes to Terms

oakbet reserves the right to update or amend these Terms at any time. Where material changes are made, players will be notified via email or a notice on the platform. Continued use of the platform after changes have been communicated constitutes acceptance of the revised Terms.

The date at the top of this page reflects when these Terms were last updated. We recommend reviewing the Terms periodically to stay informed of any changes.

13 Contact

If you have any questions about these Terms & Conditions, or if you need to report a concern about your account, please contact the oakbet support team: