OakBet Terms and Conditions for Philippine Players

By accessing, registering on, or placing any bet through OakBet (available at oakbet.best), you confirm that you have read, understood, and agreed to be bound by these Terms and Conditions in their entirety. These Terms form a legally binding agreement between you and OakBet.

If you do not agree with any part of these Terms, you must stop using OakBet immediately. Continued use of the platform — including simply browsing the site — constitutes your acceptance of these Terms.

OakBet reserves the right to refuse service to any person at its sole discretion, without any obligation to provide reasons, provided that any funds held in the affected account are returned to the rightful owner in accordance with these Terms.

To open and use an OakBet account, you must meet all of the following eligibility requirements:

• You are at least 21 years of age at the time of registration.
• You are physically located in the Philippines at the time of placing bets or accessing gambling services.
• You are not an employee, contractor, director, officer, or immediate family member of OakBet or any of its affiliated partners.
• You are not subject to any self-exclusion order or voluntary exclusion agreement with OakBet or any other licensed gambling operator.
• You are not prohibited from gambling under any applicable Philippine law or regulation.
• You are acting on your own behalf and not as an agent for or on behalf of any third party.

OakBet will conduct age and identity verification as part of the registration process. Players who are found to have provided false information regarding their age or identity will have their accounts suspended, and any winnings accrued during the period of ineligibility may be forfeited.

To participate in betting and gaming activities on OakBet, you are required to create a player account. The registration process requires you to submit accurate and complete personal information, including your full legal name, date of birth, email address, and mobile number.

You may register only one account on OakBet. Operating multiple accounts — whether in your own name or through third parties — is a serious violation of these Terms. OakBet monitors for duplicate accounts and will close them without prior notice. Any balances in duplicate accounts may be forfeited.

You are responsible for:

• Maintaining the confidentiality of your username and password.
• All activity that occurs under your account, whether or not authorised by you.
• Notifying OakBet immediately if you suspect unauthorised access to your account.
• Keeping your contact details and personal information up to date.

OakBet may require you to complete Know Your Customer (KYC) verification at any time. This typically involves submitting a government-issued photo ID (such as a PhilSys National ID, passport, or driver's licence) and proof of address. Accounts that cannot be verified may be restricted or closed.

All transactions on OakBet are conducted in Philippine Peso (₱). OakBet accepts deposits via the following local payment methods: GCash, Maya, GrabPay, Coins.ph, InstaPay, PESONet bank transfers, BDO, BPI, UnionBank online banking, and Visa/Mastercard bank cards.

The minimum deposit amount is ₱100. There is no maximum single deposit limit set by OakBet by default, though individual payment providers may apply their own transaction caps.

• Deposits from GCash and Maya are typically credited to your OakBet wallet within a few minutes.
• Bank transfers via InstaPay and PESONet may take up to one banking day.
• Deposits must be made from accounts or cards in your own name. Third-party deposits are not accepted.
• OakBet does not charge deposit fees, though your payment provider may apply their own charges.

OakBet reserves the right to request evidence of the payment method used (e.g., a screenshot of the GCash wallet showing the transaction) as part of our anti-fraud and AML compliance procedures.

You may request a withdrawal of your available balance at any time, subject to the conditions described below. The minimum withdrawal amount is ₱200. Withdrawals will be processed to the same payment method used for the original deposit wherever possible.

Processing times vary by method:

• GCash / Maya: Typically processed within 1–4 hours during business hours.
• Bank transfer (InstaPay / PESONet): 1–2 banking days.
• BDO / BPI / UnionBank: Up to 2 banking days.
• Visa / Mastercard: 3–5 banking days depending on your issuing bank.

OakBet may delay or withhold a withdrawal request pending completion of KYC verification, investigation of suspicious activity, or outstanding bonus wagering requirements. In such cases, OakBet will notify you via email or live chat and aim to resolve the matter as quickly as possible.

All bets placed on OakBet are subject to the specific rules applicable to the market and sport selected. By placing a bet, you confirm that you understand the terms of that wager and accept the outcome as final once the event has been settled.

• Bets can only be placed while funds are available in your OakBet wallet. Credit betting is not available.
• Once a bet is confirmed, it cannot be cancelled or modified by the player, except where an in-play cash-out option is available and exercised before the event concludes.
• OakBet reserves the right to void bets placed on events affected by corruption, match-fixing, or obvious pricing errors.
• In the event a match is postponed, abandoned, or cancelled, OakBet's settlement rules will apply as outlined in the sport-specific rules available on the platform.
• Accumulator and parlay bets are settled based on the combined outcome of all selections. If one leg of an accumulator is voided, the remaining legs stand.
• Maximum win limits per event and per day may apply and will be disclosed in the relevant sports rules section.

OakBet's decisions regarding bet settlement are final. If you believe a bet has been settled incorrectly, you may raise a dispute via our customer support within 72 hours of the settlement date.

OakBet offers various promotional bonuses including welcome bonuses, reload bonuses, cashback offers, and boosted odds promotions. Each promotion is subject to its own specific terms, which will be clearly stated on the promotion page. In cases of conflict, the promotion-specific terms take precedence over these general Terms.

General bonus rules applicable to all OakBet promotions include:

• Bonuses are available only to eligible players who have a fully verified OakBet account.
• Only one welcome bonus may be claimed per player. It is not transferable and cannot be exchanged for cash without meeting the applicable wagering requirements.
• Wagering requirements must be met in full before any bonus-derived winnings can be withdrawn. Wagering requirements are specified on each promotion page.
• OakBet reserves the right to withdraw any bonus that was obtained by exploiting a technical error, by using an automated betting system, or through any other form of bonus abuse.
• Players who participate in low-risk, non-sporting bets with the primary intent of clearing a bonus may have the bonus and associated winnings removed from their account.
• OakBet may modify, suspend, or cancel any promotion at any time with reasonable notice to affected players.

OakBet maintains a fair and secure environment for all players. The following actions are strictly prohibited and may result in immediate account suspension, forfeiture of balances, and referral to relevant authorities:

• Registering more than one account on OakBet.
• Using false, incomplete, or third-party information during registration or KYC verification.
• Placing bets using insider information, or in coordination with others to manipulate market outcomes.
• Using automated bots, scripts, or software to place bets or exploit odds errors.
• Money laundering or using OakBet to process funds associated with criminal activity.
• Attempting to exploit technical errors, glitches, or pricing mistakes in OakBet's systems.
• Threatening, harassing, or abusing OakBet staff or other players in any form.
• Sharing login credentials with another person or allowing a third party to operate your account.
• Accessing OakBet from a jurisdiction where online gambling is prohibited.

OakBet actively monitors for suspicious betting patterns and reserves the right to request additional information, suspend accounts, or reverse transactions where prohibited conduct is suspected.

OakBet is committed to protecting the personal information of all players. The collection, use, and storage of your data is governed by OakBet's Privacy Policy, which forms part of these Terms and Conditions. By using OakBet, you consent to the data practices described in our Privacy Policy.

In brief, OakBet collects personal information necessary to operate your account, process transactions, verify your identity, comply with legal obligations, and improve its services. OakBet does not sell your personal information to third parties, and all data is protected using industry-standard SSL encryption.

You have the right to access, correct, or request deletion of your personal data by contacting OakBet's support team. Please refer to the full Privacy Policy for details on how OakBet handles your information.

OakBet genuinely cares about the wellbeing of its players. Gambling is meant to be an enjoyable form of entertainment — and OakBet wants to keep it that way. We actively provide tools and resources to help players stay in control of their gambling behaviour.

Tools available to all OakBet account holders include:

• Deposit limits: Set daily, weekly, or monthly caps on how much you can deposit.
• Session time limits: Receive alerts or automatic logouts after a set period of gameplay.
• Cooling-off periods: Take a short break from betting without permanently closing your account.
• Self-exclusion: Request a complete exclusion from OakBet for a defined period or indefinitely.

If you feel your gambling is becoming a problem — or you're worried about someone else — please visit our Responsible Gaming page for resources and self-assessment tools. Reaching out for help is always the right move.

OakBet reserves the right to suspend, restrict, or permanently close a player's account at any time in the following circumstances:

• Violation of these Terms and Conditions.
• Failure to complete identity verification within a reasonable timeframe.
• Suspicion of fraudulent activity, money laundering, or match fixing.
• Discovery that the player is under the minimum age of 21.
• A self-exclusion request from the player.
• A regulatory or legal requirement to do so.

In cases of account suspension due to suspected prohibited conduct, OakBet may withhold the balance pending investigation. If the investigation finds no breach, the balance will be returned to the player's verified payment method in full.

Players wishing to voluntarily close their account should contact OakBet's support team. Any outstanding balance will be withdrawn to the verified payment method associated with the account, provided all outstanding wagering requirements (if any) have been met.

OakBet provides its services on an "as is" and "as available" basis. To the fullest extent permitted by applicable Philippine law, OakBet makes no warranties — express or implied — regarding the uninterrupted availability of the platform, the accuracy of odds, or the fitness of the service for a particular purpose.

OakBet shall not be held liable for:

• Losses arising from service interruptions, technical errors, or downtime beyond OakBet's reasonable control.
• Betting decisions made by the player, including losses resulting from bets placed in error or without full understanding of the market terms.
• Unauthorised access to a player's account resulting from the player's failure to secure their login credentials.
• Losses indirectly caused by third-party payment provider delays or failures.

Nothing in these Terms excludes or limits OakBet's liability for fraud, gross negligence, or any liability that cannot be excluded under Philippine law.

OakBet reserves the right to update or modify these Terms and Conditions at any time. When material changes are made, OakBet will provide reasonable notice via email or a prominent notice on the platform.

The updated Terms will be effective from the date they are published. Continued use of OakBet after the effective date of any amendment constitutes your acceptance of the revised Terms. If you disagree with any changes, you should stop using OakBet and contact support to request closure of your account and withdrawal of any available balance.

It is your responsibility to review these Terms periodically. OakBet recommends checking this page at least once a month if you are an active player.

If you have any questions about these Terms and Conditions, want to raise a dispute, or need to report an issue with your OakBet account, please reach out to our support team. We aim to respond to all queries within 24 hours.

• Email: support@oakbet.best
• Live Chat: Available 24/7 directly from the OakBet platform — just click the chat icon when you are logged in.

For matters related to responsible gaming, self-exclusion, or account closure, please use the subject line "Responsible Gaming Request" when contacting us by email to ensure faster handling.