These Terms & Conditions govern your use of the velobet platform. Please read them carefully before registering or placing any bets. By accessing velobet, you agree to be bound by these terms.
Key Highlights
These are the most important points from the velobet Terms & Conditions. The full legal text follows below.
You must be at least 21 years old to register and play on velobet, in accordance with Philippine gaming regulations. Age verification may be required at any time.
Each player may hold only one velobet account. Duplicate accounts will be suspended and any balances may be forfeited. Use your real identity when registering.
All velobet bonuses are subject to wagering requirements and expiry dates. Bonus abuse, including multi-accounting or collusion, results in immediate account termination.
Withdrawals require identity verification (KYC). velobet processes withdrawals to GCash, PayMaya, BPI, BDO, and Metrobank. Processing times vary by method.
Use of bots, exploits, or any software that provides an unfair advantage is strictly prohibited. velobet reserves the right to void bets placed in violation of fair play rules.
velobet provides deposit limits, self-exclusion, and cooling-off tools. Players experiencing gambling-related harm are encouraged to use these tools or contact support.
Important Notice: These Terms & Conditions constitute a legally binding agreement between you and velobet. By creating an account or using any part of the velobet platform, you confirm that you have read, understood, and agreed to these terms in their entirety. If you do not agree, you must not use the velobet platform.
These Terms & Conditions ("Terms") govern the relationship between velobet ("the Platform," "we," "us," or "our") and any individual ("Player," "User," "you") who accesses, registers on, or uses the velobet website located at velobet.asia and all associated services, games, and features.
By accessing the velobet platform — whether by browsing the website, creating an account, making a deposit, or placing a bet — you acknowledge that you have read these Terms in full, that you understand them, and that you agree to be legally bound by them. These Terms apply in addition to any game-specific rules, bonus terms, or promotional conditions that may be published on the platform from time to time.
velobet reserves the right to update or modify these Terms at any time. Continued use of the platform following the publication of any changes constitutes your acceptance of the revised Terms. It is your responsibility to review these Terms periodically.
To register and use the velobet platform, you must satisfy all of the following eligibility requirements:
velobet reserves the right to verify eligibility at any time and to restrict or terminate access to any account that does not meet these requirements. Any winnings generated by an ineligible player may be voided and forfeited.
Each player is permitted to hold one (1) account on the velobet platform. The creation of multiple accounts by a single individual — whether using different names, email addresses, phone numbers, or payment methods — is strictly prohibited and constitutes a material breach of these Terms.
When registering, you must provide accurate, complete, and current information, including your legal name, date of birth, Philippine mobile number, and any other details requested during the registration process. You are responsible for maintaining the accuracy of your account information and must update it promptly if any details change.
You are solely responsible for maintaining the confidentiality of your account credentials, including your username, password, and any one-time passwords (OTPs) sent to your registered mobile number. You must not share your login credentials with any third party. velobet will not be liable for any loss or damage arising from unauthorized access to your account resulting from your failure to keep your credentials secure.
velobet may require you to complete identity verification (Know Your Customer, or "KYC") procedures at any time, including before processing withdrawals. KYC documentation may include a government-issued Philippine ID, proof of address, and proof of payment method ownership. Failure to complete KYC within a reasonable timeframe may result in account suspension.
velobet accepts deposits via the following Philippine payment methods: GCash, PayMaya, BPI, BDO, and Metrobank. Additional payment methods may be made available from time to time at velobet's discretion. Minimum deposit amounts and any applicable processing fees are displayed at the time of transaction.
All deposits must be made from a payment account registered in your own name. Deposits from third-party accounts are not permitted and may result in account suspension and forfeiture of funds.
Withdrawal requests are subject to the following conditions:
velobet does not charge withdrawal fees, but your bank or e-wallet provider may apply their own charges. velobet is not responsible for fees imposed by third-party financial institutions.
velobet offers various bonuses and promotions to eligible players. All bonuses are subject to specific terms, including wagering requirements, minimum odds, eligible games, and expiry dates, which are published alongside each promotion. In the event of any conflict between a promotion's specific terms and these general Terms, the promotion-specific terms shall prevail.
The following conduct is strictly prohibited in connection with bonuses:
velobet reserves the right to withhold, void, or reclaim any bonus or associated winnings where it reasonably suspects that a player has engaged in bonus abuse. velobet's determination in such matters is final.
Bonuses are non-transferable and have no cash value until applicable wagering requirements have been fully met. velobet may modify, suspend, or discontinue any promotion at any time without prior notice.
All bets placed on the velobet platform are subject to the specific rules applicable to each game or betting market. These rules are accessible within each game interface and constitute part of these Terms by reference.
velobet reserves the right to void any bet that:
In the event of a dispute regarding the outcome of a game or bet, the records maintained by velobet's systems shall be the definitive reference, subject to any applicable regulatory requirements. velobet's decisions on disputed bets are final and binding, subject to the complaints procedure set out in these Terms.
The following conduct is strictly prohibited on the velobet platform. Engaging in any prohibited conduct may result in immediate account suspension, forfeiture of balances, and referral to relevant authorities:
All content on the velobet platform — including but not limited to software, game engines, graphics, logos, trademarks, text, audio, and video — is the exclusive property of velobet or its licensors and is protected by applicable intellectual property laws.
You are granted a limited, non-exclusive, non-transferable, revocable licence to access and use the velobet platform solely for your personal, non-commercial entertainment purposes. You may not copy, reproduce, distribute, modify, create derivative works from, or commercially exploit any content from the velobet platform without prior written consent from velobet.
velobet collects, processes, and stores personal data in accordance with its Privacy Policy, which is incorporated into these Terms by reference. By using the velobet platform, you consent to the collection and processing of your personal data as described in the Privacy Policy.
velobet implements industry-standard security measures, including 256-bit SSL encryption and two-factor authentication, to protect your personal and financial data. However, no system is completely immune to security risks, and velobet cannot guarantee absolute security.
velobet may be required to disclose your personal data to regulatory authorities, law enforcement agencies, or financial institutions in connection with anti-money laundering (AML) obligations or other legal requirements. Such disclosures will be made in accordance with applicable law.
To the maximum extent permitted by applicable law, velobet shall not be liable for any indirect, incidental, special, consequential, or punitive damages arising out of or in connection with your use of the platform, including but not limited to loss of profits, loss of data, or loss of goodwill.
velobet's total aggregate liability to you for any claim arising out of or in connection with these Terms or your use of the platform shall not exceed the total amount deposited by you into your velobet account in the thirty (30) days preceding the event giving rise to the claim.
velobet does not warrant that the platform will be uninterrupted, error-free, or free from viruses or other harmful components. The platform is provided on an "as is" and "as available" basis. velobet disclaims all warranties, express or implied, to the fullest extent permitted by law.
velobet reserves the right to suspend, restrict, or permanently close any player account at its sole discretion, with or without prior notice, in circumstances including but not limited to:
Upon account closure, any real-money balance remaining in your account (net of any bonus funds that have not met wagering requirements) will be returned to you via your registered payment method, subject to completion of KYC and any applicable security checks. velobet is not obligated to return funds where the account was closed due to fraud or a material breach of these Terms.
velobet is committed to promoting responsible gaming. We provide a range of tools to help players manage their gambling activity, including deposit limits, loss limits, session time reminders, cooling-off periods, and self-exclusion. These tools are accessible from your account dashboard at any time.
If you believe you may have a gambling problem, we encourage you to use these tools immediately and to seek support. Players who self-exclude from velobet will be prevented from accessing the platform for the duration of their chosen exclusion period. Self-exclusion requests are processed promptly and cannot be reversed during the exclusion period.
velobet strictly enforces the 21+ age requirement. If you are aware of a minor attempting to access the platform, please contact our support team immediately. Parents and guardians are encouraged to use parental control software to prevent underage access to gambling websites.
velobet reserves the right to amend these Terms at any time. When material changes are made, velobet will notify registered players via email or an in-platform notification. The revised Terms will be effective from the date of publication on the velobet website.
Your continued use of the velobet platform after the effective date of any amendment constitutes your acceptance of the revised Terms. If you do not agree to the revised Terms, you must cease using the platform and may request account closure by contacting velobet support.
These Terms shall be governed by and construed in accordance with applicable law. Any dispute arising out of or in connection with these Terms or your use of the velobet platform shall first be submitted to velobet's internal complaints procedure. To raise a complaint, contact velobet support with full details of your complaint.
velobet will acknowledge your complaint within 48 hours and aim to resolve it within 14 business days. If you are not satisfied with the outcome of the internal complaints procedure, you may escalate the matter to the relevant regulatory authority.
Nothing in these Terms limits any rights you may have under applicable consumer protection laws in the Philippines.
For questions about these Terms & Conditions, contact the velobet support team. Email: [email protected] (plain text — not a clickable link). Our team is available 24/7 in Filipino-English.
Now that you've reviewed the velobet Terms & Conditions, you're ready to enjoy 500+ games, live dealer tables, and fast GCash payouts. Must be 21 or older to register.
21+ only. Please gamble responsibly. If gambling stops being fun, use our self-exclusion tools.