The OKBet website is owned and operated by Kingwin Ventures. The company is officially registered under Philippine law and operates under the strict supervision and licensing of the Philippine Amusement and Gaming Corporation (PAGCOR) via its official domain, okbet.com.okbet.com

These Terms and Conditions represent the final and exclusive legal agreement between the Account Holder and OKBet, outlining the entire contractual relationship. This document overrides and replaces all previous discussions, promises, or agreements. By creating an account, logging in, using our services, playing games, or accepting any winnings, you acknowledge that you fully understand and agree to the following:

OKBet may update, modify, or expand these Terms and Conditions whenever necessary. Should there be any significant changes, OKBet will notify Account Holders in advance before the new terms take effect.

For the sake of clarity, any reference to a singular term includes the plural, and vice versa. Similarly, the use of 'the' may also refer to 'a' or 'an' depending on the context.

It is essential that the account holder reads this entire agreement thoroughly before using the services. This document serves as a legally binding contract between the user and OKBet. The entity known as Kingwin Ventures operates both the www.OKBet.com website and the OKBet mobile application (collectively referred to as the 'site' or 'website').

By clicking 'Register' or 'Complete Registration' and utilizing our software, you are confirming your full acceptance of these rules, our privacy policies, and any subsequent updates to our gambling regulations. Please be aware that violating this agreement may lead to serious consequences, including the loss of membership, permanent account closure, forfeiture of funds, or potential legal action.

1. 'OKBet account' refers to a personal account created by a user for legitimate transactions, intended solely for establishing a professional relationship with OKBet for the purpose of betting and gaming.

2. 'Equipment' encompasses any device used to access our online services, such as desktop computers, laptops, smartphones, tablets, PDAs, or other personal electronic gadgets.

3. 'Game' refers to the various online entertainment and gaming systems available on the website.

4. 'Software' refers to the computer programs and data files installed on a device that enable a user to connect to the website and utilize its services via the internet.

5. 'Sports betting' is a broad term covering sports wagering, casino games, poker, and all other related online entertainment offered by the platform.

6. 'Information' refers to all data provided on the site, including but not limited to sports statistics, match results, betting odds, and related data.

7. 'Website' refers to the official portal at www.OKBet.com, which serves as the primary gateway for users to access services and stay updated on OKBet's operations.

8. 'Service' refers to the specific betting and gaming opportunities that OKBet provides to the Account Holder through the website.

9. 'Card' includes any payment-enabled card, whether it is a credit, debit, virtual, or prepaid card.

10. 'Payment Solution Provider' is a third-party agent that facilitates various payment methods between the user and the platform.

11. 'Regulator' refers to the Philippine Amusement and Gaming Corporation (PAGCOR), the legal authority governing all gaming activities in the Philippines. You can find more details at https://www.pagcor.ph/

12. 'Financial Institution' refers to any bank or financial entity regulated by national financial services laws.

13. 'Client Application' is the web browser or interface the Account Holder uses to access and interact with the services.

14. 'Software' (Operational) refers to the backend programs used by OKBet to manage the services and ensure the Client Application runs correctly.

15. 'Prize' refers to any winnings, bonuses, or rewards earned by the Account Holder.

16. 'Inactive Account' is defined as any account that has shown no login or logout activity for more than six consecutive months.

The software's organizational structure and code are protected as OKBet's intellectual property, trade secrets, and copyrights. Consequently, users and visitors are strictly prohibited from:

The individual responsible for any illegal use of the software shall be held personally liable for all resulting losses, expenses, or commissions.

All trademarks, logos, graphics, text, and unique methodologies (collectively called 'Intellectual Assets') found on the website and app are the exclusive property of OKBet and its partners. Users may not exploit these assets for any purpose unless specifically permitted by law.

1. OKBet grants users a non-exclusive, non-transferable right to use the website's software, access information, and participate in online gaming.

2. The OKBet platform is strictly prohibited for the following individuals:

3. To ensure no minors use our services, OKBet may request proof of age at any time. If a user fails to meet the age requirements or if we suspect they are underage, we reserve the right to temporarily or permanently suspend the account to prevent unauthorized access.

4. Real-money gaming is reserved exclusively for registered Account Holders. To join, an individual must submit a registration application and confirm the following:

OKBet maintains the absolute right, at its own discretion, to:

If an account has been suspended for over 6 months, or has remained dormant (no login) for over 6 months, OKBet may charge a monthly administrative fee until the balance reaches zero. These fees are retained by OKBet. Once the balance is zero, the account will be closed. Accounts with no funds will be closed immediately without charges.

OKBet commits to the following:

1. To place a wager on the OKBet platform, you must follow the specific game rules as well as the terms outlined in this agreement.

2. OKBet cannot be held accountable for mistakes caused by typos or human error in the listed odds or match results. In such instances, the company maintains the right to void any affected bets.

3. OKBet reserves the absolute right to decline any bet at its own discretion, without the need to provide a reason.

4. Only wagers made through the official OKBet website or authorized equipment are recognized as valid. We do not accept bets sent via email, post, fax, or any other external channel, and such attempts will be ignored. A bet is officially active only after the confirmation message appears on your screen.

5. It is up to the user to keep track of the current score and other essential match details. We strongly suggest double-checking the status of a game before confirming your bet.

6. Users should be aware that live data—including scores and match clocks—is provided by third-party feeds and may suffer from delays or inaccuracies. Any bet placed based on this information is done so at the user's own risk. OKBet provides this data 'as-is' without any guarantee of precision or timeliness and isn't liable for any financial losses resulting from its use.

7. A bet is deemed valid provided the user has logged in with the correct credentials and has sufficient funds in their account balance.

8. The account owner is solely responsible for maintaining the security of their account. This includes taking responsibility for all activity and transactions performed under their login, whether they authorized them or not.

9. If the betting details are accurate, the account holder bears full responsibility for the wager. Once the system confirms the bet, it becomes final—meaning it cannot be edited, cancelled, or withdrawn. The digital bet slip serves as the official proof of the transaction.

10. All betting data is logged in OKBet's transaction database, which serves as the definitive and legally binding record for any transaction at any time.

11. Any bet marked as 'confirmed' within the OKBet account transaction history is recognized as a valid wager by the company.

12. Unless it is a live bet, OKBet may cancel any wagers that are placed after the game has officially started.

13. Bets placed on events where the outcome is already determined will be voided. OKBet reserves the right to cancel any such wagers.

14. Please note that event details shown on the site—such as kick-off times, red cards, or scores—are provided for informational purposes only and should be used as a reference.

15. Event outcomes are finalized after the match concludes, unless specific sport rules state otherwise. OKBet will not accept changes to results for bets settled more than 72 hours after the event. Corrections for genuine human errors or wrong results are only made within this 72-hour window.

16. If a game's venue is moved, bets placed for the original location will be voided, unless the event is moved to a neutral ground, in which case the bets remain active.

17. The final determination of who won or lost a game is made after the match ends, following the applicable official rules.

18. OKBet does not accept bets on matches that are interrupted or on offers that are considered controversial.

19. If a match is stopped but resumes within 48 hours of the original start time, open bets will be settled based on the final result. If it is not resumed within that timeframe, all undecided bets will be voided.

20. If a betting option is found to be invalid, the wager will be adjusted and settled based on the remaining valid selections.

21. Users acknowledge that odds and market lines fluctuate constantly and are locked in only at the moment the bet is placed. OKBet reserves the right to modify odds, pricing, or event details at any time at its own discretion.

22. OKBet also reserves the right to void affected bets or correct any errors—whether caused by omission or mistake—regarding the odds, prices, or event information displayed on the platform.

23. If a team or player is listed incorrectly in the system, OKBet may void any bets placed on that selection.

24. OKBet may void bets if markets remain open despite an incorrect score or match status that significantly skews the pricing.

25. In the event of technical glitches, OKBet may manually update a pending bet to 'confirmed' once the system is restored. The user's account balance will then be adjusted to reflect the wager.

26. The system will not recognize or accept multiple bets placed on the same event at the exact same time.

27. OKBet holds the final authority on all decisions regarding betting disputes and transactions.

28. By using the service, the account holder accepts the randomness of the shuffling software in poker and other random-number-generated games.

29. Users understand that WAP network connections can be unstable. OKBet only recognizes bets that are successfully recorded in the system and is not responsible for bets that failed to go through due to connection issues.

30. Unless otherwise specified in the offer or sport-specific rules, all bets apply only to the result at 'Regular Time' or 'Full Time.' This duration is defined by the official governing body of that sport (e.g., 90 minutes plus injury time for football). If the governing body changes the game length before the start (e.g., three 30-minute periods), that becomes the official duration. This does not include overtime or extra time unless explicitly mentioned.

31. 'Live Betting' allows users to wager while an event is in progress. OKBet is not liable if the service is unavailable or if the live score is inaccurate. It is the user's job to stay updated on the match's progress and remaining time. OKBet is not responsible for schedule changes or service interruptions in live betting.

32. If there is evidence of match-fixing, rigging, or fraud, OKBet may void the bets or freeze payments until a full investigation is completed.

When using credit/debit cards or other payment methods, the name on the card must exactly match the name used during registration. OKBet may decline any transaction if the names do not match.

Customers are responsible for settling any debts owed to OKBet or its members. If a user is suspected of fraud—such as money laundering or using stolen cards—OKBet may immediately freeze or close the account, seize the balance, and share the user's identity with banks, credit card companies, and other relevant authorities. The perpetrator will be liable for any costs OKBet incurs during this process.

Refund Policy

The OKBet Know Your Customer (KYC) Policy is implemented to protect the company from being used for illegal activities.

To comply with local and international laws, OKBet maintains strict internal procedures to prevent money laundering, terrorism financing, human/drug trafficking, bribery, and the spread of weapons of mass destruction, and will act upon any suspicious user behavior.

The following points are covered under the KYC Policy:

Verification procedures To combat illegal activities on a global scale, OKBet adheres to Customer Due Diligence (CDD) standards. This means we have implemented our own internal verification protocols that align with international Anti-Money Laundering (AML) and 'Know Your Customer' (KYC) frameworks.
One of the international standards for preventing illegal activity is customer due diligence (“CDD”). According to CDD, OKBet establishes its own verification procedures within the standards of anti-money laundering and “Know Your Customer” frameworks.

Identity verification To verify your identity, OKBet requires users to submit official, independent documentation—such as a national ID, international passport, utility bill, or bank statement. Additionally, the process includes a one-time video call and a selfie holding your valid ID. OKBet may collect and verify this personal information for KYC purposes, typically within a 24-hour window. In accordance with the PAGCOR Regulatory Framework, the following documents are accepted as valid identification:
OKBet’s identity verification procedure requires the User to provide OKBet with reliable, independent source documents, data or information (e.g., national ID, international passport, bank statement, utility bill), one time video call verification and selfie with the valid ID. For such purposes OKBet reserves the right to collect User’s identification information for the KYC Policy purposes and verify it within 24 hours.
The following documents will be the acceptable IDs according to the PAGCOR Regulatory Framework:

OKBet takes the authenticity of user data seriously. We use all available legal methods to double-check the information provided and reserve the right to conduct deeper investigations into any accounts flagged as suspicious or high-risk.

Identity verification isn't just a one-time event; OKBet may re-verify users periodically. This is especially true if your personal details change or if your account activity becomes unusual. Even if you've been verified before, we may ask for updated documentation to keep your account current.

All personal identification data is collected, stored, and shared with strict adherence to OKBet’s Privacy Policy and all relevant legal regulations.

By successfully verifying a user's identity, OKBet protects itself from legal liability should its platform be misused for illicit purposes.

Card verification Anyone wishing to use payment cards for OKBet services must first complete the verification process by following the specific instructions provided on our website.
The Users who are intended to use payment cards in connection with the OKBet’s Services are required to undergo a verification process in accordance with instructions available on the OKBet’s Site.

Screening for Sanctions, Minors, Government Officials, PNP/AFP, excluded persons, and Politically Exposed Persons (PEPs). OKBet cross-references all applicants against official lists of sanctioned individuals, minors, government employees, members of the PNP/AFP, and Politically Exposed Persons (PEPs). Both individual users and corporate entities are screened against these lists at the following stages:
OKBet screens applicants against recognized Sanctions, Minor, Goverment Officials, PNP/AFP, excluded and Politically Exposed Persons (PEPs) lists.
Individuals and legal entities are screened against mentioned lists:

To comply with PAGCOR guidelines—which restrict gaming to residents of the Philippines—OKBet reserves the right to request additional evidence of a player's current location using any necessary and appropriate means.

Compliance Officer The Compliance Officer is the authorized official responsible for ensuring the KYC Policy is strictly followed. Their role involves overseeing all AML and counter-terrorist financing efforts, which include:
The Compliance Officer is the person, duly authorized by OKBet, whose duty is to ensure the effective implementation and enforcement of the KYC Policy. It is the Compliance Officer’s responsibility to supervise all aspects of OKBet’s anti-money laundering and counter-terrorist financing, including but not limited to:

The Compliance Officer is empowered to coordinate directly with law enforcement agencies dedicated to stopping money laundering, terrorism financing, and other crimes.

Monitoring Transactions We recognize users not just by their identity (who they are) but by their behavior (what they do). Because of this, OKBet uses data analysis to assess risk and detect suspicious activity. Our compliance system handles everything from data capture and filtering to investigation and reporting, featuring the following capabilities:
The Users are known not only by verifying their identity (who they are) but, more importantly, by analyzing their transactional patterns (what they do). Therefore, OKBet relies on data analysis as a risk-assessment and suspicion detection tool. OKBet performs a variety of compliance-related tasks, including capturing data, filtering, record-keeping, investigation management, and reporting. System functionalities include:

Performing daily checks against 'black lists' (such as the PAGCOR National Database of Restricted Persons), analyzing transfer patterns, flagging users for monitoring, denying service to high-risk accounts, opening investigative cases, and filing mandatory statutory reports.

Case and document management. As part of our KYC Policy, OKBet monitors all financial activity and reserves the right to:
With regard to the KYC Policy, OKBet will monitor all transactions and it reserves the right to:

Risk Assessment Following PAGCOR guidelines, OKBet uses a risk-based strategy to fight money laundering and terrorism financing. This approach allows us to scale our security measures based on the level of risk identified, ensuring that our resources are focused where they are most needed to mitigate the highest threats.
OKBet, in line with the PAGCOR compliance, has adopted a risk-based approach to combating money laundering and terrorist financing. By adopting a risk-based approach, OKBet is able to ensure that measures to prevent or mitigate money laundering and terrorist financing are commensurate to the identified risks. This will allow resources to be allocated in the most efficient ways. The principle is that resources should be directed in accordance with priorities so that the greatest risks receive the highest attention.

As defined by the Anti-Money Laundering Act of 2001 (Republic Act No. 9160), money laundering is the attempt to hide the origins of money gained from criminal activity to make it look legitimate. This process typically happens in three stages that can be detected by intermediaries like OKBet:

Placement: The initial entry of 'dirty' cash from illegal activities into the financial system.

Layering: Creating a complex web of financial transactions to distance the money from its criminal source and hide the audit trail.

Integration: Making the laundered money appear legal so it can be reintroduced into the economy as legitimate business funds.

OKBet's Anti-Money Laundering Strategies

To prevent our platform from being used for money laundering or terrorism financing, OKBet adheres to the following core principles:

Regulatory Compliance

OKBet is committed to the highest ethical standards. We strictly follow all laws and will refuse service if we have reason to believe a transaction is linked to money laundering.

Collaboration with Philippine Law Enforcement Agencies

Within the bounds of client confidentiality and the law, OKBet works closely with law enforcement. We take necessary legal action when there is a reasonable suspicion of money laundering and report such findings to the appropriate governing bodies.

Any bonus won by an account holder is subject to the terms of this agreement as well as any additional specific promotional rules.

OKBet maintains the discretion to offer specific bonuses to individual users or selected groups.

Before a bonus can be withdrawn, players must meet all applicable requirements and restrictions; otherwise, the withdrawal request will be declined.

The currency used for withdrawals must match the currency used for the initial deposit.

OKBet may change or cancel bonuses and promotions, or alter their rules, at any time without the obligation to notify customers or third parties.

If a user has opted for self-exclusion, OKBet will make a reasonable effort to return their remaining balance according to our terms. For more details, please refer to our Responsible Gaming guidelines.

Bonus Abuse

\"Bonus Abuse\" is defined as activities including, but not limited to:

If OKBet reasonably suspects that a user—individually or as part of a group—has abused or attempted to abuse a bonus, we reserve the right to:

If a court or any other legally authorized body determines that OKBet is liable, the compensation will be limited. Specifically, OKBet will only be responsible for the lesser of two amounts: the original stake placed or the user's net winnings. In certain applicable cases, this limit may instead be the lower of the current account balance or the specific amount transferred into or out of the account.

OKBet operates independently and has no formal partnership or affiliation with the athletes, sports teams, or event organizers featured on its platforms. All names and images are used solely to facilitate the services provided, and OKBet claims no ownership over the intellectual property of these third parties.

OKBet does not guarantee that any specific user has the legal right to use its services, and neither does any of its staff, partners, agents, or affiliates have the authority to provide such a guarantee. By using the website, opening an account, or accepting prizes, the user confirms they fully understand and agree to abide by all OKBet Rules, including any future updates, without exception.

OKBet will not be held responsible for any losses or damages suffered by a user or a third party if those issues arise directly or indirectly from the user:

OKBet accepts no liability for any direct or indirect damages or losses caused by the following circumstances:

All content on the website—including statistics, match results, scores, and editorial pieces—is for general information only and should not be treated as professional advice. OKBet and its data providers are not responsible for any inaccuracies, delays, or missing information, nor for any decisions made based on this data.

The user agrees to protect and compensate OKBet, along with its employees, directors, partners, and affiliates, against any costs, legal fees, or damages resulting from the user's:

OKBet, its software providers, and its affiliates shall not be liable for any direct, indirect, or accidental damages arising from the use—or inability to use—its products and applications, regardless of whether negligence was involved. Users acknowledge that OKBet is not responsible for any illegal or offensive behavior by other users. If a user is unhappy with the services or the rules, their only recourse is to stop using the platform.

Users acknowledge that any similarities between the names, people, or events depicted in the games and real-life occurrences are purely coincidental.

The user understands that OKBet may modify or discontinue any of its services at its own discretion and at any time.

It is the user's responsibility to check the OKBet Rules on the website regularly, and at least once a month, to stay updated.

Users may encounter third-party content on the site, such as media streams. OKBet does not own this content and has no control over the images, audio, or graphics provided by these external sources. Accessing such content is done at the user's own risk, and OKBet disclaims all responsibility for it.

OKBet is not responsible for any losses caused by technical issues beyond its control, such as poor satellite reception, network outages, or user errors and misunderstandings while navigating the site.

The company cannot guarantee and assumes no liability for service interruptions, breaches of contract, or delays caused by third-party providers, such as internet or wireless communication companies.

OKBet and its partners, employees, and agents are not liable for any economic loss—whether minor or major, direct or indirect—resulting from a user's access to the website, use of the software, or installation of its applications, even if OKBet was warned that such losses were possible.

In the event of a discrepancy between the match result shown on a user's device and the result recorded on OKBet's server, the server's data will be considered final. Users also agree that OKBet has the final authority to interpret game rules and the status of any bets.

OKBet provides its services 'as is' without any explicit or implied warranties regarding their quality, accuracy, completeness, or suitability for a particular purpose.

While OKBet strives to offer a secure and high-quality experience, it cannot guarantee that the service will always be stable, timely, or free of errors, nor can it promise that the site will be completely immune to viruses or malware.

OKBet reserves the right to change, delete, add to, or suspend any part of its services immediately and without prior notice, and will not be liable for any resulting losses.

If a user breaks any part of this agreement, OKBet may take action, which could include terminating the agreement, blocking website access, closing the account, seizing funds, or initiating legal proceedings.

The user agrees to fully compensate and defend OKBet, its shareholders, and staff against all costs, legal fees, and damages if the user:

The game rules and these terms of use together constitute the entire agreement between the user and the company.

If there is a conflict between the general agreement terms and the specific rules of a game, the game rules will take precedence unless stated otherwise.

This agreement is governed by the laws of the Republic of the Philippines. Any disputes or legal disagreements will be settled exclusively in Philippine courts. By agreeing, both parties waive any right to challenge the jurisdiction of these courts or claim that the venue is inconvenient.

Anyone wishing to file a complaint regarding OKBet's services or products should reach out to the customer service team.

Upon receiving a complaint, OKBet will conduct a fair and objective investigation to reach a practical and final resolution.

To help resolve a dispute, OKBet may request that the customer provide further details, documentation, or supporting evidence.

If a complaint cannot be settled through the internal appeal process, it may be submitted to an appropriate independent agency for a final decision.

Should any conflict be referred to an independent body, the matter will be resolved by that specific institution following legal protocols and established dispute resolution procedures. Once a decision is reached, it is considered final and legally binding.

While we provide translations of these Terms and Conditions as a courtesy and in good faith, the original English text is the official version. If there is any contradiction or difference in meaning between the English version and any translation, the English text will take precedence.

If any part of this agreement is found to be illegal, invalid, or unenforceable within a specific jurisdiction, that ruling won't invalidate the clause in other regions. Furthermore, it won't impact the validity or enforcement of any other remaining sections of the agreement, regardless of the legal category.

The headings used in this agreement are included for convenience and navigation only; they do not define or limit the actual meaning or interpretation of the clauses they precede.

OKBet will not be held liable for a breach of contract if it is unable to meet its obligations due to circumstances beyond its control. This includes events such as natural disasters, government interventions, war, civil unrest, system failures, or interruptions in power and telecommunications services.

If OKBet fails to act on or delay the exercise of any of its rights, remedies, or privileges under this agreement, it does not mean that OKBet has given up or waived those rights.

OKBet may transfer this agreement or any of its components at its own discretion and without prior notice. Conversely, account holders and visitors are strictly prohibited from transferring any of their rights or obligations under this agreement to another party.

This agreement is strictly between the parties involved and does not create, grant, or provide any rights or benefits to any unrelated third parties.

Nothing in this agreement should be interpreted as establishing a partnership, agency, trust, or joint venture between OKBet and the account holder.

This document represents the most current and comprehensive version of the service agreement between OKBet and the user or visitor, effectively superseding all previous versions.