Important Notice: By opening an account or using the fz 502 platform, you confirm that you have read and fully agree to these Terms & Conditions. Please read them carefully before registering.
1 General Terms & Conditions
Fz 502 (referred to hereinafter as "the Platform" or "we") is an internationally licensed online betting and gaming service provider. These Terms & Conditions form a legally binding agreement between fz 502 and its users.
These Terms & Conditions were last updated on 1 January 2026. fz 502 reserves the right to modify them at any time. Registered users will be notified of significant changes via email or in-app notification.
- These terms and conditions apply in both English and Bengali. In the event of any dispute, the Bengali version shall take precedence.
- Fz 502 reserves the right to suspend or terminate any user's account at any time if there is evidence of a terms violation.
- By using the platform, you acknowledge that you are accessing this service voluntarily and that it is your responsibility to comply with the local laws applicable in your area.
2 Account Registration
To open an account with fz 502, the following conditions must be met:
- Age Requirement: You must be at least 18 years old to open an account. Providing false information about your age will result in permanent account termination and forfeiture of any deposited funds.
- One account policy: Only one account is permitted per device, IP address, or household. Opening multiple accounts is strictly prohibited.
- Accurate Information: You must provide your real name, mobile number, and date of birth at registration. Incorrect details will cause problems during the verification process later.
- Password security: Use a strong password and never share it with anyone. You are responsible for keeping your account secure.
Tips
Complete your identity verification (KYC) promptly after registration. This speeds up withdrawals and keeps your account secure.
3 Identity Verification (KYC)
Fz 502 complies with international Anti-Money Laundering (AML) policies, making identity verification mandatory for all users. The following documents may be required:
- A clear photo of your National ID (NID) or passport
- Recent bank statement or utility bill (for address verification)
- Proof of payment method ownership (where applicable)
KYC verification is typically completed within 24–48 hours. Withdrawals may be temporarily on hold while verification is pending; however, deposits and betting can generally continue as normal.
Fz 502 may request additional information or documents at any time. Failure to provide them may result in a temporary account suspension.
4 Deposits & Payments
The following payment methods are supported for deposits on fz 502: bKash, Nagad, Rocket, bank transfer, and Visa/Mastercard.
- Minimum deposit: ৳500 (five hundred BDT)
- Maximum daily deposit: Varies by user account level; for details Financial Transactions page.
- Deposit fees: fz 502 does not charge any deposit fees. However, your payment provider may apply their own charges.
- Processing time: Most deposits are instant. Bank transfers may take 1–3 business days.
Warning
Only deposit from a payment account registered in your own name. Payments from third-party accounts are not accepted and will be returned.
5 Withdrawal Policy
Fz 502 is committed to ensuring fast and secure withdrawals. The following rules apply to all withdrawal requests:
- Minimum withdrawal: ৳1,000 (one thousand BDT)
- Processing time: Usually 1–3 hours. During peak times, it may take up to 24 hours.
- Method: Withdrawals will always be processed to the same payment method used for the deposit.
- Bonus balance: Bonus balances cannot be withdrawn until the wagering requirements have been met.
- Verification: Withdrawals exceeding ৳10,000 will not be processed until KYC verification is complete.
Fz 502 reserves the right to suspend withdrawals and conduct an investigation in cases of fraud or suspicious activity.
6 Bonus Terms & Conditions
Fz 502 offers a variety of bonuses and promotions. Each bonus comes with its own terms and conditions. The general bonus policy is outlined below:
- Wagering requirement: Most bonuses require a wager of 5x–30x the bonus amount. Check the relevant bonus page for the specific terms of each offer.
- Validity: Each bonus has a set expiry date. Any unused bonus will be automatically forfeited once it expires.
- Bonus abuse: Creating multiple accounts to collect bonuses, providing false information, or exploiting system vulnerabilities is strictly prohibited.
- Bonus cancellation: fz 502 reserves the right to void bonuses and related winnings if any irregular activity is detected.
To learn more about our bonus offers, visit our Bonus See page.
7 Betting Rules
All betting activity on fz 502 is conducted in accordance with the following rules:
- Bet acceptance: Bets can be placed at any time as long as there is sufficient balance and the event has not yet started. Once a bet is confirmed, it cannot be changed or cancelled.
- Odds changes: If odds change after a bet has been placed, the odds at the time of placement will apply.
- Event cancellation: If an event is cancelled or postponed, the stake for that bet will be returned to your balance, unless the rules for the specific sport state otherwise.
- Maximum Win Limit: The maximum win on a single bet is ৳5,00,000. Combined limits for multiple bets may vary.
- Technical error: If incorrect odds are displayed due to a system error, the affected bet may be voided and the stake refunded.
Live betting, sports-specific rules, and casino game regulations each have their own guidelines available on our Sports Events See page.
8 Prohibited Activities
The following activities are strictly prohibited on the fz 502 platform:
- Creating multiple accounts or using another person's account
- Match fixing or placing bets based on insider information
- Bonus Hunting or arbitrage betting
- Hacking, use of malware, or exploiting system vulnerabilities
- Money laundering or use of funds from illegal sources
- Use of robots, bots, or automated software
- Harassing or defrauding other users
Consequences
Involvement in any of the prohibited activities listed above will result in permanent account closure, forfeiture of all winnings and balances, and possible legal action.
9 Account Closure & Suspension
Fz 502 may temporarily suspend or permanently close an account for any of the following reasons:
- Breach of terms or prohibited activities
- Failed KYC verification or submission of fraudulent documents
- Extended account inactivity (more than 12 months)
- Court orders or directives from regulatory authorities
Users may also request account closure at any time. Any valid balance will be refunded and all personal data will be securely deleted, except where retention is required by law.
10 Privacy Policy
Fz 502 is committed to protecting your personal information. For full details on how your data is collected, stored, and used, please refer to our Privacy Policy page.
- Your personal information is never sold to third parties.
- Your information may be used for service improvement and to meet legal obligations.
- You may request to view or delete your personal data at any time.
11 Responsible Gaming
Fz 502 believes betting is for entertainment, not a source of income. We encourage all users to play responsibly, and offer the following tools to help:
- Deposit limits: Set daily, weekly, or monthly deposit limits.
- Loss limit: Betting will be automatically suspended if losses exceed a specified amount.
- Cooling-off period: Take a temporary break from betting for anywhere between 24 hours and 30 days.
- Self-exclusion: Self-exclude from the platform long-term whenever you need to.
To learn more about responsible gaming, visit our Responsible Gaming See page.
12 Changes & Updates to Terms
Fz 502 reserves the right to modify these Terms & Conditions, in whole or in part, at any time. In the event of changes:
- Registered users will be notified via email or app notification at least 7 days before any significant changes take effect.
- Continued use of the platform after updated terms are published will be considered acceptance of the new terms.
- If you do not agree to the updated terms, you may close your account.
Contact
If you have any questions or concerns about these terms, please contact us: support@fz502.net – write to us in Bengali and expect a reply within 24 hours.