Deposits
Deposits
5500bet is funded through deposits that must be compliant with applicable laws. Account holders must be at least 18 years old. The following covers minimum and maximum deposit amounts, accepted payment methods, currency handling, verification requirements, processing times, and how deposits interact with bonuses and withdrawals.
Minimum and Maximum Deposits
- Minimum deposit per transaction: 20 USD or the equivalent in the account’s base currency.
- Maximum deposit per transaction varies by payment method and jurisdiction; exact limits are shown in the cashier section relevant to the selected method.
- Additional per-day or per-month caps may apply. Higher limits may be available upon verification and approval by 5500bet.
Accepted Payment Methods
- Deposits may be made using payment methods supported by 5500bet, including debit/credit cards and electronic wallets, where permitted by local law and the provider’s terms.
- The name on the payment method must match the name on the 5500bet account. Deposits initiated from third-party or non-personal sources are prohibited.
- All deposits are processed through the chosen financial institution or payment solution provider; cash or physical cheques are not accepted.
Currencies and Conversion
5500bet supports multiple fiat currencies. If your account currency differs from the currency of the deposit method, the payment provider will apply the applicable conversion rate. Any conversion charges are borne by the depositor in accordance with the provider’s terms.
Identity Verification and Source of Funds
- 5500bet may require verification of identity and source of funds before or after deposits, at the company’s discretion and in compliance with applicable AML/KYC rules.
- Deposited funds may be held temporarily pending verification. If verification cannot be completed, deposits may not be credited to the account.
- It is unlawful to deposit funds derived from illicit activity. The company reserves the right to block, reclaim, or reject deposits suspected of illegality or fraud.
Processing Times and Availability
Deposits are ordinarily credited immediately upon successful processing. Some methods may require additional confirmation; in rare cases, processing may take up to 24–48 hours after submission for verification or due to third-party checks.
Use of Deposited Funds and Wagering
Deposited funds may be used for wagering once credited to the account. The company may impose restrictions on funds under AML risk controls or other security measures. Bonus funds, when awarded, are subject to separate terms and wagering requirements and may not be withdrawable until those conditions are met.
Promotions and Bonuses
- Deposits may qualify for promotions or bonuses at 5500bet’s discretion. Each bonus is governed by its own terms, including wagering requirements, expiration periods, and eligibility criteria.
- Bonuses are not the equivalent of cash. Winnings derived from bonus balances may be withdrawable only after satisfying all applicable terms and conditions.
Chargebacks, Refunds, and Reversals
- Initiating a chargeback or reversal may result in immediate withdrawal restrictions or account suspension. If a chargeback is confirmed, funds may be reclaimed by 5500bet and the related deposit may be forfeited.
- Refunds of deposits are processed by 5500bet in accordance with applicable law and the terms of the payment provider; refunds are not issued for services consumed during gameplay.
- 5500bet reserves the right to investigate deposit activity for fraud or misrepresentation and to take appropriate action, including reversing deposits or withholding funds, as part of AML and fraud prevention efforts.
Fees and Taxes
Users are responsible for any fees assessed by payment providers or financial institutions, and for any taxes applicable in their jurisdiction. 5500bet does not impose hidden deposit fees beyond those disclosed in the cashier interface or required by third-party providers.
Policy Changes and Notification
5500bet reserves the right to modify deposit terms, including minimum/maximum limits, supported payment methods, and processing times, at any time. Notice of changes will be provided through in-account messages or system notifications. Continued use after notification constitutes acceptance of the updated terms.
Disputes and Support
For deposit-related inquiries or issues, contact 5500bet Support through the in-site help channel or live chat. Retain transaction references to facilitate resolution. All deposit records are maintained for auditing purposes.
