These Terms and Conditions govern your access to and use of the olabet platform. By registering an account or placing any bet on olabet, you confirm that you have read, understood, and agreed to be bound by these terms in their entirety.
Important Notice: These Terms and Conditions constitute a legally binding agreement between you and olabet. Please read them carefully before creating an account or using any service on the olabet platform. If you do not agree to these terms, you must not use the olabet platform. olabet reserves the right to amend these Terms and Conditions at any time. Continued use of the platform after any amendment constitutes acceptance of the revised terms.
By accessing, registering on, or using the olabet platform in any capacity — including but not limited to placing bets, playing casino games, making deposits, or simply browsing the site — you confirm that you have read and understood these Terms and Conditions in full, and that you agree to be bound by them. These terms apply to all users of the olabet platform, whether registered account holders or visitors.
These Terms and Conditions are supplemented by additional policy documents including the olabet Privacy Policy and Responsible Gaming Policy, both of which form part of the overall agreement between you and olabet. In the event of any conflict between these Terms and Conditions and any supplementary document, these Terms and Conditions shall prevail unless otherwise stated.
If you are accessing olabet on behalf of another person, you represent and warrant that you have the authority to bind that person to these terms and that by accepting these terms, you do so both on your own behalf and on behalf of that other person.
The olabet platform is strictly restricted to individuals who meet all of the following eligibility requirements:
olabet takes its obligations in relation to underage gambling seriously. The platform reserves the right to request documentary proof of age from any registered user at any time. Acceptable age verification documents include a valid national identity card (NID), passport, or birth certificate issued by a competent authority. Accounts where age verification cannot be completed satisfactorily will be suspended pending verification or permanently closed. Any funds in a suspended or closed account will be dealt with in accordance with olabet's internal procedures and applicable guidelines.
It is the responsibility of parents and guardians to ensure that minors do not access the olabet platform. olabet encourages the use of parental control software where devices are shared with individuals under the age of 18. If you become aware that a minor has accessed or used the olabet platform, please contact support immediately at [email protected].
To place bets or play casino games on olabet, you must first register a personal account. By registering, you agree to the following conditions:
All olabet accounts are denominated in Bangladeshi Taka (৳ BDT). All deposits, withdrawals, bets, winnings, and bonus amounts are processed in BDT. Where a payment method converts from another currency, the conversion rate applied by the payment provider will determine the BDT amount credited or debited. olabet is not responsible for currency conversion costs or fluctuations applied by third-party payment providers.
olabet accepts deposits via the following payment methods: bKash, Nagad, Rocket, Upay, and bank transfers to designated accounts at Dutch-Bangla Bank, City Bank, and BRAC Bank. The minimum deposit amount is ৳500. Deposits are credited to your olabet account balance upon confirmation from the relevant payment provider. olabet is not responsible for delays caused by payment providers or banking systems.
You may only deposit funds from payment accounts that are registered in your own name. Depositing funds from a payment account registered to a third party is a breach of these terms and may result in account suspension. All deposited funds must originate from a legitimate source. olabet reserves the right to conduct due diligence checks on the source of deposited funds.
Withdrawal requests are processed to the same payment method used for deposit where possible. Withdrawals to bKash and Nagad are typically processed within 1 to 4 hours of the request being submitted. Bank transfer withdrawals may take longer depending on the receiving institution's processing times. The minimum withdrawal amount is ৳500. olabet reserves the right to request identity verification documentation before processing any withdrawal.
olabet reserves the right to temporarily delay or withhold a withdrawal in cases where: the account is under investigation for suspected fraudulent activity; the account has not completed age or identity verification; or there is an outstanding bonus wagering requirement attached to the relevant account balance. In such cases, olabet will notify the account holder and explain the reason for the delay.
An olabet account is considered inactive if no login, deposit, withdrawal, or betting activity has occurred for a continuous period of 12 months. olabet may apply an inactivity administration charge to dormant account balances in accordance with its internal policy. Account holders will be notified by email before any inactivity charge is applied, providing an opportunity to reactivate the account.
All bets placed on the olabet sportsbook are subject to the following general rules in addition to any sport-specific rules that may apply:
BPL, T20, IPL, and other cricket match markets offered on olabet are settled in accordance with the official results published by the relevant cricket board or governing body (e.g., BCB, BCCI, ICC). In the case of a match being abandoned, reduced, or declared a no-result, affected markets will be voided and stakes returned in accordance with standard cricket betting rules. Over-by-over and player performance markets are settled on the official scorecard published at the conclusion of the relevant period of play.
All casino games available on the olabet platform — including live dealer games, RNG slot machines, table games, and specialty games — are operated under the following conditions:
olabet offers promotional bonuses and incentives to eligible players from time to time. All bonuses are subject to the following general conditions, in addition to any specific terms attached to each individual promotion:
olabet is committed to promoting responsible gambling among all its players. The platform provides a range of tools to help players manage their gambling activity. These tools are accessible directly from the account settings dashboard and include deposit limits, loss limits, session time reminders, cooling-off periods, and permanent self-exclusion.
Players who feel that their gambling may be causing harm to themselves or others are encouraged to use these tools and to contact the olabet support team. Self-exclusion requests are processed promptly. Once a self-exclusion is in place, olabet will take reasonable steps to ensure that the excluded player cannot access the platform for the duration of the exclusion period.
Gambling should always be treated as a form of entertainment and not as a means of generating income or resolving financial difficulties. olabet strongly encourages all players to set personal limits before they begin gambling and to review those limits regularly. For further guidance, please visit the olabet Responsible Gaming page.
18+ Only. Gambling involves financial risk. Please play responsibly and within your means.
The following actions are strictly prohibited on the olabet platform. Engaging in any prohibited conduct may result in immediate account suspension, forfeiture of account balances, and where applicable, referral to relevant authorities:
olabet reserves the right to suspend, restrict, or permanently close any player account at any time, with or without prior notice, in the following circumstances:
Where an account is closed due to a breach of these terms, any remaining balance may be withheld pending investigation. Where an account is closed at the player's own request and there is no outstanding wagering requirement or pending investigation, any remaining real-money balance (excluding non-withdrawable bonus funds) will be returned to the player via their registered payment method within a reasonable timeframe.
To the fullest extent permitted by applicable law, olabet's total liability to any player in connection with their use of the platform — whether arising from contract, tort, negligence, or otherwise — shall not exceed the total amount deposited by that player in the 30-day period immediately preceding the event giving rise to the claim.
olabet shall not be liable for any indirect, incidental, special, consequential, or punitive damages, including but not limited to loss of profits, loss of data, loss of goodwill, or any other intangible losses, arising from or in connection with your use of the platform.
olabet does not guarantee continuous, uninterrupted access to the platform. Scheduled and unscheduled maintenance, technical failures, or events beyond olabet's reasonable control (including acts of God, internet infrastructure failures, or regulatory actions) may result in temporary unavailability of the platform. olabet shall not be liable for any losses arising from such unavailability.
Betting and casino gaming carry inherent financial risk. By using the olabet platform, you acknowledge that you may lose money and that olabet is not responsible for any financial losses you sustain as a result of your gambling activity.
olabet collects, processes, and stores personal data about registered users in accordance with its Privacy Policy. By registering an account on olabet, you consent to the collection and use of your personal data as described in the Privacy Policy. The Privacy Policy is available at olabet Privacy Policy.
olabet uses your personal data for the purposes of account administration, identity and age verification, payment processing, fraud prevention, customer support, and where you have consented, marketing communications. olabet does not sell or rent your personal data to third parties for their own marketing purposes.
All data transmissions between your device and the olabet platform are protected by SSL encryption. olabet maintains appropriate technical and organisational security measures to protect your personal data against unauthorised access, loss, or disclosure.
olabet reserves the right to amend, update, or replace these Terms and Conditions at any time. Where changes are material, olabet will endeavour to notify registered users by email or through a prominent notice on the platform prior to the changes taking effect. The date of the most recent revision is displayed at the top of this page.
Your continued use of the olabet platform following any amendment to these Terms and Conditions constitutes your acceptance of the revised terms. If you do not agree with the amended terms, you must cease using the platform and may request account closure by contacting support at [email protected].
olabet recommends that you review these Terms and Conditions periodically to remain informed of any changes. The current version of the Terms and Conditions always supersedes all previous versions.
If you have any questions about these Terms and Conditions, or if you wish to raise a dispute regarding any aspect of your olabet account or a betting settlement, please contact the olabet support team in the first instance:
olabet is committed to resolving all player disputes fairly and promptly. In the event that a dispute cannot be resolved through direct contact with the support team, olabet will escalate the matter to the appropriate internal escalation process. All disputes must be raised within 30 days of the event giving rise to the dispute. Disputes raised after this period may not be considered.
These Terms and Conditions, and any dispute arising from them, shall be governed by and construed in accordance with principles of fair dealing and good faith as generally accepted in the online gaming industry. olabet operates as a safe and reliable platform for adult players in Bangladesh.
What olabet guarantees to every registered player on the platform
Every page and transaction on the olabet platform is served over HTTPS with full SSL encryption. Your personal data, account credentials, and payment details are protected by industry-standard security protocols at all times.
All RNG casino games on olabet use independently audited random number generators. Live dealer games are conducted by certified third-party studios. Game outcomes are genuine, transparent, and not subject to manipulation by olabet.
olabet enforces a strict one-account-per-player policy. Multiple accounts will result in all accounts being suspended and balances reviewed. This policy protects all players from unfair advantage and ensures the integrity of the platform.
Withdrawals to bKash and Nagad are typically processed within 1 to 4 hours of the request being submitted. olabet is committed to processing legitimate withdrawal requests promptly and without unnecessary delay.
Deposit limits, loss limits, session alerts, cooling-off periods, and permanent self-exclusion are built into every olabet account. Players can activate these tools instantly from their account dashboard without contacting support.
The olabet support team is available 24 hours a day, 7 days a week via live chat and email. All dispute and account queries are handled by trained agents familiar with Bangladesh-specific payment methods and account requirements.
Review our FAQ for quick answers, explore responsible gaming tools, or log in to your account. 18+ only. Please play responsibly.