3.1. Acceptance and Validation of Wagering:
Players must wager from funds that have been credited into their respective Player accounts. All wagering will be deemed void, if upon review it is found that the Player has never successfully deposited funds or completed any Funds Transfer into their respective Player accounts. After successfully depositing funds into his/her account, the Player’s total bet must be the equivalent or exceed the deposited amount. Failure to comply will result in failure to apply for any withdrawal, thus it is advisable for Players to make deposits based on demand.
- Confirmed Wagers
U5Bet cannot and will not cancel wagers of any Player account once they have been confirmed, unless the wager is declared void or unless there are circumstances involving incorrect results and settlements for reasons outlined in these Terms & Conditions.
- Accurate Wagering Records
Despite every effort to ensure total accuracy, U5Bet does not and will not accept responsibility for any errors or omissions with respect to the information provided on the Website.
- Deduction of Wagers / Unresolved Wagers
Stakes will be deducted from the respective Player account at the time the Bet is placed, regardless of when the resultsare determined or announced. U5Bet cannot and will not refund Bets placed on games where Bets have been purchased for future draws that have yet to be resolved or concluded. Such Bets will be resolved upon completion of such games and winnings, if applicable, will be credited to the respective Players’ accounts at that time.
- U5Bet’s Wagering Decision is Final
By accepting these General Terms and Conditions, the user agrees that U5Bet and its records shall be the final authority in determining the terms of any wagers placed as well as the circumstances in which those wagers were made.
- Player’s Sole Responsibility for Winnings
Any applicable taxes and fees incurred upon any winnings that have been awarded to you as well as all other payments made to the respective Player are considered to be the Player’s sole responsibility. U5Bet reserves the right to report and withhold any amount from the Player’s winnings in order to comply with any applicable law. Winnings cannot be transferred, substituted or redeemed for any other forms of winnings.
3.2. Stakes Wagered
- Minimum Stakes
A minimum stake amount applies. The amount is dependent on the particular Game/Product.