Anti-Fraud Policy

Basebet.io is committed to ensuring a fair, secure, and transparent gaming environment. We have a zero-tolerance policy for fraudulent activities, including but not limited to collusion, identity fraud, and money laundering.

1. Fraud Prevention & Account Security

1.1 Prohibited Activities

Players are strictly prohibited from engaging in any of the following fraudulent activities:

  • Collusion – Coordinating with other players to gain an unfair advantage.

  • Unfair Strategies – Exploiting loopholes or system errors for unfair winnings.

  • Fraud Against Other Platforms – Any fraudulent behavior on other casinos or payment providers.

  • Chargebacks & Payment Denial – Initiating chargebacks or disputing valid transactions.

  • Multiple Accounts – Creating more than one account per person or household.

  • Forged Documents – Providing false or manipulated identification or financial documents.

  • Other Forms of Cheating – Any other actions intended to deceive or exploit the system.

1.2 Consequences of Fraudulent Activities

If a player is suspected of fraudulent behavior, Basebet.io reserves the right to:

  • Terminate the account immediately.

  • Cancel all winnings and withdrawable funds.

  • Report the activity to regulatory authorities.

  • Confiscate deposits and restrict future account access.

We are not obligated to notify users of the reasons for these actions.

2. Identity Verification & KYC Compliance

2.1 Know Your Customer (KYC) Requirements

To comply with anti-money laundering (AML) and counter-terrorism financing (CFT) laws, all users must provide accurate and verifiable information during registration.

By creating an account, users agree to:

  • Provide truthful personal details.

  • Undergo identity verification using government-issued IDs.

  • Submit additional documents upon request (e.g., proof of address, payment verification).

Failure to provide valid information may result in account termination and forfeiture of funds.

2.2 Multiple Accounts & Misuse

  • Only one account per person and household is permitted.

  • Sharing accounts or allowing others to access your account is prohibited.

  • If multiple accounts are detected, all associated accounts will be immediately closed, and funds may be confiscated.

3. Responsible Gaming & Self-Exclusion

3.1 Self-Exclusion Policy

Players can self-exclude themselves from gambling at any time. Once self-excluded:

  • The account will be closed immediately.

  • Players must inform Basebet.io of any other active accounts.

  • Any attempts to create new accounts will be considered a violation.

Basebet.io will take reasonable steps to prevent new accounts but cannot be held liable for self-excluded players evading detection.

4. Bonus Abuse & Promotional Misuse

4.1 Bonus Policy

Bonuses and promotions are intended for recreational players. Abuse of bonus offers, including but not limited to:

  • Creating multiple accounts to claim promotions.

  • Depositing and withdrawing solely for bonuses without genuine gameplay.

  • Referring accounts that the user controls.

If bonus abuse is detected, Basebet.io may:

  • Void bonus funds and any associated winnings.

  • Restrict participation in future promotions.

  • Impose additional wagering requirements.

Certain promotions may be restricted based on geographic location.

5. Fair Play in Sports Betting

5.1 Integrity of Bets & Markets

Basebet.io reserves the right to void or withhold winnings if:

  • Match-fixing, price manipulation, or fraudulent betting patterns are detected.

  • A user exploits insider information to place bets.

  • A technical error results in incorrect odds or bet settlements.

  • A player directly participates in the event (e.g., as a player, coach, referee).

Decisions from sports governing bodies regarding match integrity will be considered final.

5.2 Account Limits & Betting Restrictions

  • Basebet.io may decline bets at its discretion.

  • Multiple identical bets placed to bypass betting limits will be voided.

  • Cash Out and Partial Cash Out features may be suspended or adjusted at any time.

6. Payment Security & AML Compliance

6.1 Chargebacks & Payment Fraud

Chargebacks and unauthorized transactions are considered fraudulent. In such cases, Basebet.io may:

  • Deduct chargeback-related fees from the account.

  • Report the fraud to financial institutions and authorities.

  • Close the account and confiscate funds.

6.2 Authorized Payment Methods

  • Deposits and withdrawals must be made using a payment method registered in the player's name.

  • Third-party payments (i.e., using someone else's card or account) are prohibited.

  • If a third-party payment is detected, winnings will be forfeited, and the original deposit will be refunded to the payment owner.

6.3 Transaction Monitoring

Basebet.io actively monitors transactions to detect and prevent money laundering. If suspicious activity is identified, we may:

  • Request additional documentation for verification.

  • Freeze funds and accounts pending investigation.

  • Report suspicious transactions to regulatory authorities.

7.1 Regulatory Cooperation

Basebet.io complies with all relevant gambling regulations and will disclose user data if legally required by financial institutions, regulatory bodies, or law enforcement.

7.2 Violation of Terms

Violating any of the above policies may result in:

  • Account suspension or termination.

  • Forfeiture of deposits and winnings.

  • Permanent exclusion from the platform.

  • Possible legal action, including reporting to law enforcement.


Final Notes

  • By using Basebet.io, you agree to this Anti-Fraud Policy.

  • We reserve the right to modify this policy at any time to ensure compliance with regulations.

For any questions or concerns, please contact Basebet.io Support.

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