1. Account Rules
1.1. Creation of a Mi7eu.bet Account
1.1.1 An individual cannot participate in a game for money unless that individual is an Account Holder. To be registered as a player, an individual must register personally and submit an application for registration. To verify a Player, he must provide the following information:
date of birth and provide valid identification showing that the player is over eighteen (18) years of age or the applicable legal age of majority as stipulated in the jurisdiction of your residence (identification documents which must be submitted include: copy of a valid identity card, passport or driving license);
player’s first and last name;
player’s full residential address;
player’s valid email address;
a username and a password.
If Mi7eu.bet suspects that the Player has provided false or incorrect information or has engaged in fraudulent activity (including attempts to create multiple accounts), Mi7eu.bet has the right to conduct additional verification and to request additional documentation and information from the Player to confirm ownership of the Account.
1.1.2 An individual applying to become an Account Holder warrants and represents to be under the age of eighteen (18) years. Minors cannot register as a player and cannot hold a Mi7eu.bet Account. Mi7eu.bet reserves the right to request additional proof of age and perform additional checks in order to verify the information provided. A Mi7eu.bet Account may be suspended until satisfactory proof of age is provided.
1.1.3 An individual applying to become an Account Holder furthermore warrants and represents:
to be a physical person (a legal entity will not be accepted as an Account Holder);
not to be a resident of a restricted territory: Afghanistan, Antigua and Barbuda, Argentina, Aruba, Australia, Belarus, Belgium, Bonaire, Bulgaria, Cayman Islands, China, Colombia, Croatia, Cuba, Curacao, Cyprus, Czech Republic, Denmark, Estonia, France, French Guyana, French Polynesia, French Southern Territories, Guadeloupe, Georgia, Germany, Greece, Hong Kong SAR, Hungary, Iran, Iraq, Ireland, Isle of Man, Israel, Italy, Japan, Kahnawake, Latvia, Libya, Lithuania, Macau, Malta, Martinique, Mayotte, Mexico, Monaco, Myanmar, Nigeria, Netherlands, Netherlands Antilles, Norway, North Korea, Ontario, Poland, Portugal, Reunion, Romania, Russia, Saba, Saudi Arabia, Serbia, Singapore, Slovenia, South Africa, Spain, St. Eustatius, St. Maarten, Sudan, Sweden, Switzerland, Syria, The Philippines, Turkey, Uganda, United Kingdom, United States of America, Vatican City, Yemen (please be aware of particular country exclusions for Casino – Games – Live Casino, Poker and Bingo); Mi7eu.bet reserves the right to block the access to the website and not to pay the winning to the players from the mentioned countries;
not to be a professional player in any sport, competition or league where Mi7eu.bet offers betting;
not to be restricted by limited legal capacity;
not to be acting on behalf of another party;
not to be classified as a compulsive problem gambler, and/or be included (whether voluntarily orinvoluntarily) on any register or database of excluded players;
not to be depositing monies originating from criminal and/or other illegal activities;
not to be depositing monies through a Card which the Account Holder is not authorized to use and/or utilizing a Card in a jurisdiction in which betting and gaming are prohibited;
not to be conducting criminal activities whereby a Mi7eu.bet Account is directly or indirectly involved;
not to use the Services if it is illegal in his/her country of residence or otherwise restricted for him/her to open a gaming account, purchase or use services from Mi7eu.bet and/or otherwise participate in the games offered. It is the Account Holder’s responsibility to ensure his/her use of Mi7eu.bet Website and Services is legal;
not to find the Website or the Services offensive, objectionable, unfair, nor indecent; and to maintain his/her Mi7eu.bet Account details up-to-date in terms of the following: first and last name,country of residence, valid email address and phone number.
1.1.4 An individual applying for a Mi7eu.bet Account acknowledges and accepts:
all definitions and stipulations as stated under hereof and other the Mi7eu.bet rules;
the Mi7eu.bet Terms & Conditions as currently published on the Website, as well as any possible future changes to the Mi7eu.bet Terms & Conditions;
that the Contract is governed by:(i) the Mi7eu.bet Terms & Conditions as published in English;(ii) any regulatory provisions or other decisions made from time to time by the Governing Authorities; and(iii) the Governing Law of the Place of the Contract.
Rules of acceptance of bets on sports events
1.2 The Organizer has a right to cancel any bonus, jackpot and/or any prize if the Organizer is confident the Player has implemented a system usage fraud. In this case the Organizer freezes the Player’s special gaming account, and if there are any funds, makes a refund to the payment system that was used by the Player to replenish the gaming account.
1.3 Arranged game
If the Organizer has sufficient facts to suspect the case of an arranged game, they can terminate the prize remunerations and make a re-payment of the already carried out payments to the Player’s special gaming accounts. The mentioned suspicions can include data referring to sums and characteristics, as well as amounts of all entry payments made via all the possible methods.
2. Deposits
2.1 Available methods of payments are determined by the country and the currency selected during registration. A complete list of fees, limits on them and other items is displayed on the Deposits and Withdrawals page. Mi7eu.bet reserves the right to change these terms and details.
2.2 When conducting any financial transactions it is necessary that the name of the owner of the debit/credit card or bank account exactly match the name of the owner of the appropriate account of Mi7eu.bet. Otherwise Mi7eu.bet reserves the right to cancel all transactions and make a return on all bets made while using someone else’s account or credit/debit card.
3. Entry of money on account
3.1 If any funds have been transferred to the User erroneously, the User is obliged to notify the company immediately. Any winnings of the client arising from such an error shall be considered invalid, and such bets are refundable, regardless of the delay between the origin of the error and the time it was seen.
3.2 If the deposits to the account were made for any other purpose than bets, poker, casino and financial betting, the company (particularly in case of suspected fraudulent money turnover) reserves the right to cancel a deposit and collect from the User all costs incurred as a result of processing the deposit.
3.3 If the User’s deposit exceeds the bet’s amount, at the client’s request for withdrawal Mi7eu.bet reserves the right to charge/to withhold the User all costs incurred as a result of processing deposits and withdrawals.
4. Financial Limitations
4․1 Maximum winnings, bets, odds depend on the game/betting product (including the sport and event).
4.2 Withdrawal limits:
If the currency of the Player’s account is EUR:
If a Player is not fully verified (Player’s E-mail is verified only), withdrawal is only available for crypto payments and e-wallets within the limits are: up to 5 000 Euro per month, up to 2 000 Euro per week, up to 350 Euro per day;
If a Player is fully verified, the limits are: Up to 30 000 Euro per month, up to 15 000 Euro per week and up to 3 000 Euro per day.
If the currency of Player’s account is USD:
If a Player is not fully verified (Player’s E-mail is verified only), withdrawal is only available for crypto payments and e-wallets within the limits are: up to 5 400 USD per month, up to 2 100 USD per week, up to 375 USD per day;
If a player is fully verified the limits are: up to 32 000 USD per month, up to 16 000 USD per week and up to 3 200 USD per day.
4.3 Any Player, who participates in the Loyalty Program and receives statuses, can apply for an increase of the limits regardless of the verification status.**
The Player may contact the Support Service of Mi7eu.bet with a request to increase the limits. In this case, the Company shall have the right to make a phone call to the Player’s phone number specified when registering the Player’s account for his/her verification.**
4.4 The maximum amount of the bet on the event depends on the sport and the events and is defined by the bookmaker network specifically for each event and each type of bet and is subject to change without prior written notice. Mi7eu.bet reserves the right to limit the maximum bet on individual events, as well as the introduction and removal of specific restrictions on the accounts of individual Users without notice or explanation of reasons.
4.5 All financial limits apply to any individual customer, or/and syndicates group of players acting as a collective unit, who have placed two or more bets containing the same match selections, including where placed in a series of bets, at a different range of odds markets, over a number of days using various players’ accounts and/or across different betting channels. Should we identify that two or more bets have been placed this way, all those bets will be considered as void and only first betting slip submitted will be considered as a legitimate bet.
5. Payments / Withdrawals
5.1 Payments are processed in a time not exceeding 72 hours starting from the moment that the request was made. Before the first payment will be made to the User by electronic payment methods (Skrill, credit or debit card, etc.), the client is obliged to attach an electronic copy of a passport to the Documents section to confirm their identity. Remember that forgery is severely punished by law, and in cases of suspicion of placing a counterfeit or an edited copy of the documents by electronic methods, Mi7eu.bet reserves the right to send such documents to the appropriate regulatory authorities.
The reason for the delay of refund may be the lack of information and documents requested from the User for his/her identification and confirm the transaction. The time frame for refund in this case is 72 hours from the receipt of the requested information and documents from the User.
5.2 Before making the payment, the employees of the company will verify the correspondence of the name, surname, birth dates of the client and also other data. If differences are found between the actual data and the data provided by the client, Mi7eu.bet reserves the right to make a refund for all bets by the User and refuse to pay out winnings to the User unless they prove the identity and accuracy of entered data.
5.3 If it turns out that the User has opened several accounts in the company, Mi7eu.bet reserves the right to refuse to pay out for these accounts (except the User’s assets legitimately transferred to the account of Mi7eu.bet after his payment of a fine in the measure of 10% of the total amount of deposits).
5.4 In the first order for a withdrawal in cash the User must enter valid passport details exactly as in the passport in the language of the country that issued the passport (or in the case of foreign passports – in English).
5.5 Group and family members should regulate personal relationships with each other – payments are made ONLY in the name of the owner of the appropriate account.
5.6 The User agrees to provide Mi7eu.bet with information about his bank account from which the bets will be made in particular, in order to transfer his winnings
5.7 Mi7eu.bet is not responsible for changes in the amount of payments related to fluctuations of currency (rate of exchange).
5.8 If the User has requested a withdrawal in the amount of 1,000 Euros or more (or the equivalent in another currency at the interbank rate), Mi7eu.bet pays a commission on the transfer and subsequent operations of withdrawals in the given calendar month. Otherwise, the commission is paid to the bank by the User.
5.9 The Company reserves the right of funds’ withdrawal using a priority for itself method of payment for winning players (including credit/debit card or to the player’s bank account).
5.10 Before withdrawing the first payment, the player should bet 50% of their deposit amount. Starting from the second withdrawing the player should bet 100% of their deposit amount before being able to withdraw their payment. If the player refuses to comply with the mentioned requirements, and the withdrawal amount did not play in the bet, the withdrawal amount is subject to a 6% fee. This requirement is for the purpose of reducing the risks of fraud and money laundering by players.
Version 1.9, dated 21.06.2024