Legal Documents — Last Updated: January 2026

Rikobet Terms & Conditions — A Complete Guide for Members

Please read these terms before creating an account on Rikobet. We've written them in plain language to avoid any confusion. Our goal is simple — to keep things transparent between us.

What's in This Document
  • Account Registration & Eligibility
  • Deposit, Withdrawal & Payment Policy
  • Bonus & Promotion Rules
  • General Betting & Gaming Terms
  • Account Suspension & Closure Policy
  • Responsible Gaming & Security
Version 3.2 · Effective: 1 January 2026

Key Points at a Glance

The most important aspects of Rikobet's Terms & Conditions

🔞

Age Restriction — 18+

You must be 18 years of age or older to open an account with Rikobet. Accounts found to belong to minors will be closed at any time, and balances will not be refunded.

👤

One Account

Each person may register only one Rikobet account. Creating multiple accounts using the same mobile number, device, or IP address is strictly prohibited and will result in all associated accounts being closed.

💰

Fast Payments

Deposits are confirmed within 2 minutes. Standard withdrawals are processed within 30 minutes to 2 hours. Minimum withdrawal is ৳300. No delays for KYC-verified accounts.

🎁

Transparent Bonus Terms

The wagering requirements for each bonus are clearly stated on the offer page. There are no hidden conditions. It is your responsibility to read the terms before claiming any bonus.

🔒

Data Protection

Your personal information and payment data are protected with 256-bit SSL encryption. No data is sold or shared with third parties. Full details are available in our Privacy Policy.

🛡️

Fair Play Guarantee

All games at Rikobet use an RNG (Random Number Generator), making it impossible to manipulate outcomes. This is regularly verified by independent third-party auditing firms.

1

General Terms & Introduction

Welcome to Rikobet. These Terms & Conditions ("Terms") form a legally binding agreement between the company operating Rikobet and you ("you"), the member using this website and app. By accessing rikobet.best or registering an account, you agree to be bound by these Terms.

Rikobet is an international online gaming platform operating under a Curacao eGaming licence. We offer Sports Betting on cricket, football, and 40+ other sports, along with Live Casino, slots, and jackpot games.

Important: These Terms & Conditions are available in both Bengali and English. In the event of any conflict, the English version shall take precedence.

In addition to these Terms & Conditions, our Privacy Policy, Responsible Gaming Policy, and any specific terms for individual games or bonuses also apply. All of these should be read together.

2

Account Registration & Eligibility

To open an account with Rikobet, the following conditions must be met:

  • You must be 18 years of age or older.
  • You are opening the account for yourself — not on behalf of anyone else.
  • You are not registering from a country where online gaming is completely prohibited.
  • Each person may hold only one account.
  • All information provided at the time of registration must be truthful and accurate.

When registering with Rikobet, you will need to provide your mobile number, name, and a password. Once registration is complete, an OTP will be sent to your mobile number for verification.

KYC Verification: For large withdrawals, Rikobet may request a copy of your national ID or passport. This is done in compliance with international standards, and your information remains fully secure.

You are responsible for keeping your account secure. Never share your password with anyone. You are liable for all activity carried out on your account unless you have previously notified Rikobet of unauthorised access.

3

Deposit & Payment Policy

Rikobet supports all major mobile banking methods in Bangladesh. Keep the following in mind when making a deposit:

Payment Methods Minimum Deposit Processing Time
BKash ৳100 1–2 minutes
Nagad ৳100 1–2 minutes
Rocket ৳100 2–3 minutes
Upay ৳100 2–3 minutes
USDT (Crypto) Equivalent to $5 10–30 minutes

Deposited funds may only be used for gaming. Once a deposit is made, it is credited to your Rikobet wallet immediately — no additional confirmation required.

Warning: Only use payment methods registered in your own name. Payments from third-party numbers are not accepted and such transactions may be returned.
4

Withdrawal Policy

To withdraw funds from Rikobet, a few straightforward conditions must be met. Understanding the withdrawal process helps you avoid unexpected delays.

  • Minimum Withdrawal Amount: ৳300
  • Daily withdrawal limit for standard members: ৳50,000
  • Separate limits apply for VIP members.
  • Withdrawals to bKash & Nagad: 30 minutes to 2 hours.
  • Bank Transfer: 1–3 business days.
Bonus Balance: Winnings derived from a bonus require the relevant wagering conditions to be met before withdrawal. This requirement does not apply to winnings from direct deposits.

Rikobet reserves the right to verify your identity before processing a withdrawal — especially when an account requests a large amount for the first time. This process is typically completed within 24 hours.

5

Bonus & Promotion Terms

Rikobet offers a variety of bonuses and promotions. Each bonus has its own terms, which are detailed on the relevant offer page. The general rules are outlined below:

  • Each member may claim each bonus once only, unless otherwise stated.
  • Bonuses must be claimed within a specified period — expired bonuses will not be reinstated.
  • Withdrawals are not permitted until the wagering requirement for a bonus has been met.
  • Using multiple accounts to claim bonuses is strictly prohibited.
  • Rikobet reserves the right to modify or cancel any bonus offer at any time.
Wagering example: If a ৳1,000 bonus carries a 20x wagering requirement, you must place a total of ৳20,000 in bets before withdrawing bonus winnings. slots generally contribute 100%, while Live Casino games contribute 10–20%.

Rikobet considers bonuses a benefit — not a guaranteed source of income. It is best to understand the terms before claiming any bonus. For any questions, feel free to ask our support team.

6

General Betting & Gaming Terms

Before placing a bet on Rikobet, please be aware of the following:

  • Once a bet is confirmed, it cannot be changed or cancelled — except where the cash out feature is available.
  • If a bet is cancelled due to a technical issue, the full stake will be refunded.
  • Bets placed before an odds change will be settled at the odds originally offered.
  • If a match or event is cancelled, the stake for that bet will be refunded.
  • In live betting, some bets may be automatically cancelled due to server delays.

If Rikobet detects unusual or suspicious betting patterns, the account in question may be temporarily suspended pending investigation. Your account balance remains secure throughout this process.

Match Fixing: Placing bets on behalf of any player, coach, or person involved in a match is strictly prohibited. Accounts found to be doing so will be suspended and reported to the relevant authorities.
7

Prohibited Activities

The following activities are strictly prohibited on Rikobet and will result in account suspension:

  • Creating multiple accounts or using another person's account.
  • Providing false information to claim bonus benefits.
  • Accessing the platform from a restricted region using a VPN or proxy.
  • Using software or bots to automate betting or gameplay.
  • Using funds obtained through money laundering or from illegal sources.
  • Attempting to exploit vulnerabilities in any game or system.
  • Harassing other members or engaging in abusive behavior.

If any suspicious activity is detected on a Rikobet account, all associated winnings may be forfeited. In serious cases, the matter may be reported to law enforcement authorities.

8

Account Suspension & Closure Policy

Rikobet reserves the right to temporarily or permanently suspend an account without prior notice in the following circumstances:

  • If evidence of a Terms & Conditions violation is found.
  • If fraud or suspicious activity is suspected.
  • When KYC verification is incomplete and a large transaction is requested.
  • As required by law or directed by a regulatory authority.
Appeals Process: If your account is suspended, please contact support@rikobet.best. Once the investigation is complete and the account is cleared, it will be fully reinstated along with the entire balance.

You may close your account at any time. Any remaining balance will be refunded to your registered payment method — however, bonus balances will not be refunded.

9

Responsible Gaming

Rikobet believes gaming should be a source of enjoyment — never a means of income. We are committed to protecting our members. The following responsible gaming tools are available free of charge on Rikobet:

  • Deposit Limit: Set daily, weekly, or monthly limits.
  • Loss Limit: Gaming will automatically stop once losses exceed a specified amount.
  • Cooling-Off: Take a temporary break ranging from 24 hours up to 30 days.
  • Self-Exclusion: Temporarily deactivate your account for anywhere between 6 months and 5 years.
  • Reality Check: You'll receive periodic reminders about your playing time and spending.

For more information on Responsible Gaming, visit our Responsible Gaming Page → View.

10

Policy on Changes to Terms

Rikobet reserves the right to update these terms and conditions at any time. Members will be notified in advance of any significant changes via email or SMS.

Continued use of the platform after updated Terms take effect will be considered acceptance of the new Terms.

Tip: Check this page at least once a month to stay up to date with the latest terms. The "Last Updated" date is displayed at the top of the page.

For any questions about these Terms & Conditions, email us at support@rikobet.best or reach out via live chat in Bengali.

Rikobet Rules — In Detail

Legal terms can often feel like dense, impenetrable documents — hard to follow and even harder to absorb. Rikobet has made a deliberate effort to avoid that. Everything on this page is explained in plain, accessible language so that any member can read and understand it.

Bonus terms are the most common source of questions. Many members are unfamiliar with the terms "wagering" or "rollover." Simply put — bonus funds cannot be withdrawn directly. You must first wager a specified amount using the bonus, after which any resulting winnings become withdrawable. This system protects the platform from users claiming a bonus and immediately cashing it out.

Depositing at Rikobet is straightforward. Simply use your bKash or Nagad number to deposit and the funds will appear in your wallet instantly. One important thing to keep in mind — withdrawals must be made to the same number used for the deposit. Attempting to withdraw to a different number may result in additional verification time.

A common concern among members is whether Rikobet can hold back their funds. The honest answer is no — as a licensed platform, Rikobet cannot withhold any legitimate withdrawal. Where an account is under investigation, a temporary delay may occur, but once the account is cleared, the full balance is returned. Among five hundred thousand members over three years, serious incidents of this nature have been extremely rare.

A common question in match betting is: what happens if a match is abandoned due to rain? Under Rikobet's policy, if a sufficient portion of the match has been completed (typically determined by the Duckworth-Lewis method in cricket), the result will stand. Otherwise, all bets will be voided and stakes refunded. For live betting, any bets that were already settled before the abandonment are treated separately.

When Rikobet updates its rules, members are typically notified by SMS or email. That said, it's worth checking this page from time to time — especially before making a large deposit or withdrawal. Staying informed helps you avoid any unexpected surprises.

Ultimately, Rikobet's terms exist for two core reasons: to protect the platform from fraud, and to ensure a fair and safe gaming environment for genuine members. Follow the rules and you are unlikely to encounter any issues — that much can be said with confidence.

Quick Reference
  • Min. Deposit ৳100
  • Min. Withdrawal ৳300
  • Daily Withdrawal Limit ৳50,000
  • Minimum Age 18+
  • Per person per account 1
  • Support Languages Bengali & English
Privacy Policy

Read on to learn in detail how we use your personal information. Privacy Policy →

Need Help?

If you have any questions about the Terms & Conditions, our support team is ready to help.

support@rikobet.best
24/7 Live Chat Support

FAQ

Questions Members Often Ask About the Terms & Conditions

Minimum bet amounts at Rikobet vary by game type. For Sports Betting, the minimum is generally ৳10. In slots, some games allow spins from as low as ৳1, though most slots have a minimum of ৳5–৳10. In Live Casino, minimums differ by table — roulette and baccarat typically start at ৳50, with higher minimums at select VIP tables. For accumulator or parlay bets, each leg carries a minimum of ৳10. Live betting follows the same rules as pre-match. To find the minimum for a specific game, visit that game's page and check the "Game Info" or "Paytable" option for full details.

To view all active offers and promotions on Rikobet, go to the "Bonus" page from the main menu — all current offers are listed there, along with their expiry dates and key terms. If you're logged in, personalized offers applicable to your account will also appear on your dashboard. In terms of frequency — daily offers refresh every morning, weekly offers go live every Monday, and special event promotions such as Eid or the World Cup are announced separately. To be the first to hear about new offers, keep SMS notifications enabled — go to your account settings and turn on the "Promotional SMS" option.

All caught up? Get started now

Rikobet's rules are straightforward and fair. Register, claim a 100% bonus on your first deposit, and enjoy a safe gaming experience.

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