Definitions and General Concepts
- Game Agreement: A winning agreement based on risk, concluded between participants and governed by predetermined rules.
- Betting: A category of gaming where the outcome depends on an event with an uncertain result.
- Stake: Monetary or electronic funds provided by a participant (Client), representing the participant’s agreement to engage in the game according to specified rules.
- Game Organizer (Betting Company): Bizbon N.V., operating under gaming license No. 8048/JAZ2016-065 issued by Curaçao.
- Client: A person placing bets on the outcomes of events. Legal entities are not eligible as clients or participants in betting activities.
- Result: The outcome of an event on which a bet is placed.
- Betting Line (Sports): A collection of events and their possible outcomes, with associated odds, offered for betting.
- Winnings: Monetary funds or assets awarded or transferred to the Client after determining the game’s result according to these rules.
- Odds: A numerical expression of the probability of an event’s outcome, determining the payout amount for a winning bet.
- Bet Cancellation/Refund: Adjusting the odds to 1 (one), effectively refunding the bet under specific conditions.
- Regular Time: The official duration of a match, including added time but excluding overtime, extra periods, penalty shootouts, etc.
- Personal Account: An online interface provided to clients to place bets and manage their activities, accessible via a web browser.
- Authorization Data: Information required for client authentication, typically a username and password, though other forms may be requested.
Comprehension and Participation
Clients must they understand the terms and definitions relevant to betting and gaming. In case of uncertainty:
- Seek clarification regarding the event or game in question.
- Contact the support team for further assistance.
- Refrain from placing bets or participating in games until full comprehension is achieved.
- Magius assumes no responsibility for client actions in cases where there is a lack of comprehension of participation or betting conditions.
Theoretical Return to Player (RTP)
The term “Theoretical Return to Player” (or its abbreviation) may appear on the website, indicating a virtual calculation meant to demonstrate the percentage of bets theoretically returned to players over a series of rounds. This figure is theoretical and does not guarantee a specific rate of return. Clients may experience wins or losses regardless of the indicated theoretical return.
By participating in betting activities, clients accept these terms and conditions, acknowledging their comprehension and consent to engage under the specified rules and definitions.