These Terms and Conditions govern your use of the Parebet platform. Please read them carefully before you register or place any bet. By creating an account, you confirm that you have read, understood, and agreed to everything on this page.
A quick summary of the most important rules on Parebet — the full terms follow below.
Parebet is strictly for adults aged 21 and above. Registering on behalf of another person or using a false age is a serious violation and will result in account closure and forfeiture of any balance.
Each player is permitted one account only. Duplicate accounts — whether in your name or linked to the same device or payment method — will be suspended pending review.
Deposits, withdrawals, bets, and payouts on Parebet are all in Philippine Peso. Supported payment methods include local bank transfers and e-wallets like GCash and Maya.
All accounts must complete KYC (Know Your Customer) verification. Withdrawals will not be processed until identity documents have been reviewed and approved.
Parebet supports responsible gaming. Players can access self-management tools on the Responsible Gaming page. Gaming should remain a form of entertainment — never a way to earn income.
Parebet is operated for players based in the Philippines. It is your responsibility to ensure that accessing the platform complies with any local rules or regulations that apply to you.
By accessing the Parebet platform — whether through the website at parebet.net, the mobile app, or any other channel made available by Parebet — you agree to be bound by these Terms and Conditions in full. If you do not agree with any part of these terms, you should not register an account or use the platform.
These Terms and Conditions apply to all registered users. They govern everything from account creation and deposits to gameplay, withdrawals, and account closure. Continued use of the platform after any update to these terms constitutes your acceptance of the revised version.
To register and use Parebet, you must meet all of the following requirements:
Parebet reserves the right to request proof of age, identity, or location at any time. If a player is found to be ineligible — including having provided false information at registration — the account will be closed and any balance may be forfeited in line with the relevant section of these terms.
21+ Only. Parebet takes age verification seriously. We do not knowingly accept accounts from players under the age of 21. If you suspect an underage person is using the platform, please contact us immediately.
When registering on Parebet, you must provide accurate, truthful, and complete information. This includes your full legal name, date of birth, and contact details. You are responsible for keeping this information up to date.
Each person may hold only one Parebet account. Operating multiple accounts — including through different email addresses, phone numbers, or payment methods — is prohibited and will result in account suspension.
All accounts must complete identity verification (KYC) before withdrawals can be processed. Verification may require a government-issued ID, proof of address, or other documentation as requested by the Parebet compliance team. This process is standard practice for online gaming platforms and helps protect all users.
Accounts are personal and non-transferable. You may not sell, transfer, or allow another person to use your Parebet account.
All financial transactions on Parebet — deposits, withdrawals, bets, and winnings — are denominated in Philippine Peso (PHP). The platform does not accept cryptocurrency or credit cards as payment methods for gaming transactions.
Accepted deposit and withdrawal methods include local Philippine bank transfers and e-wallets such as GCash and Maya. Processing times vary depending on the method used and are subject to standard banking and platform review processes.
Parebet reserves the right to delay or withhold a withdrawal if there are reasonable grounds to suspect fraud, a breach of these terms, or any other compliance concern.
All bets placed on Parebet are final once confirmed. You are responsible for ensuring the accuracy of every bet — including the selection, stake, and market — before confirming. Mistakes in selection or stake amount cannot be reversed after confirmation.
Bets may be settled at the result at the time of the event's conclusion. In the case of live or in-play betting, Parebet reserves the right to void bets placed after an event has concluded or where a clear technical error has occurred.
For casino games and slots, all outcomes are determined by certified random number generation (RNG). Game results cannot be influenced by the player, the platform, or any third party. Return to player (RTP) percentages are theoretical long-term figures and do not guarantee results in any individual session.
Parebet may from time to time offer bonuses, promotions, or other incentives to registered players. Each bonus or promotion is subject to its own specific terms, which will be communicated clearly at the time of the offer.
General principles that apply to all Parebet bonuses and promotions:
Important: No bonus or promotion on Parebet constitutes a guaranteed profit or risk-free opportunity. All bonus play is subject to the same responsible gaming principles as regular play.
Parebet is committed to providing a gaming environment that is safe, fair, and sustainable. We encourage all players to approach gaming as a form of entertainment — not as a source of income or a way to recover financial losses.
Players are responsible for managing their own gaming activity. Parebet provides access to self-management tools and resources to support this. These are available on the Responsible Gaming page and include guidance on setting budgets, recognising problem gaming behaviour, and seeking support.
Parebet will cooperate with requests for self-exclusion and account limits where appropriate. Contact our support team via the details on the Platform page for assistance.
You are responsible for keeping your Parebet login credentials confidential. Do not share your username, password, or OTP codes with anyone. Parebet will never ask for your password via email, chat, or phone.
Parebet uses SSL encryption across the platform and supports OTP-based two-factor verification for login. These security measures are in place to protect your account, but their effectiveness depends on you not sharing your credentials.
If you suspect unauthorised access to your account, contact Parebet's support team immediately. You should also change your password without delay. Parebet is not liable for losses resulting from your failure to keep your credentials secure.
The following actions are strictly prohibited on the Parebet platform:
Breaches of these prohibitions may result in immediate account suspension, forfeiture of account balance, and referral to relevant authorities where required by law.
Parebet reserves the right to suspend or close any account — temporarily or permanently — in the following circumstances:
In cases of suspected fraud or prohibited conduct, Parebet may withhold the account balance pending investigation. If the investigation confirms a breach, the balance may be forfeited. If no breach is confirmed, the balance will be returned.
Players who wish to voluntarily close their account may do so by contacting support. Any verified balance remaining at the time of closure will be processed for withdrawal to your registered payment method, subject to standard verification.
Parebet provides the platform on an "as is" basis. While we make reasonable efforts to ensure availability and accuracy, we do not guarantee that the platform will be free from interruptions, errors, or technical issues.
Parebet is not liable for losses resulting from:
Nothing in these terms excludes or limits liability for fraud or any other liability that cannot be excluded by applicable law. Parebet's total liability to any player in connection with their account is limited to the amount held in that account at the time of the relevant claim.
Parebet may update these Terms and Conditions from time to time. When we do, the updated version will be published on this page with a revised "Last updated" date at the top. If the changes are significant, we will make reasonable efforts to notify registered players through the platform or by email.
Continued use of the Parebet platform after any update constitutes your acceptance of the revised Terms and Conditions. If you do not agree to the updated terms, you should stop using the platform and contact support to arrange account closure.
For questions about these terms or any aspect of the Parebet platform, visit the Platform page or check our FAQ for additional guidance.