Legal Documents

558 Terms and Conditions — Complete Terms of Membership and Use

Please read these Terms and Conditions carefully before using the 558 platform. Everything is written in plain, clear language so there is no room for confusion.

Important Notice: By registering an account or using the 558 platform, you are deemed to have fully accepted these Terms and Conditions. If you object to any term, please do not use the platform.

1 General Terms & Conditions

558 (558.plus) is an online betting and gaming platform serving bettors in Bangladesh and South Asia. These Terms and Conditions constitute a legally binding agreement between 558 and its members.

558 reserves the right to modify these Terms and Conditions at any time. Any updates will be published on the website and members will be notified by email. Continued use of the platform after changes have been made will be considered acceptance of the updated terms.

  • The minimum age to use this platform is 18.
  • Each individual may operate only one account.
  • 558 services are for personal entertainment purposes only.
  • Use for commercial or professional purposes is prohibited.

2 Account Registration and Membership

Opening an account with 558 is completely free. You are required to provide accurate and complete information at the time of registration. 558 reserves the right to terminate any account found to contain false or misleading information.

The following information must match what was provided at registration:

  • Full legal name (as per national ID)
  • An active and valid mobile number
  • Valid email address
  • Date of birth (for age verification)
  • Current residential address

Only one account may be registered per mobile number or email address. If multiple accounts are found under the same individual, all accounts will be closed and all funds may be forfeited.

Account Security: Keep your login credentials strictly confidential. Never share your password with anyone. If you suspect any unauthorized access to your account, notify our support team immediately.

3 Age Verification & Identity Confirmation (KYC)

Age verification is mandatory to use betting services on 558. After registration, 558 may request any of the following documents to verify your identity:

  • National ID Card (NID) — photos of both sides
  • First page and photo page of passport
  • Driving licence (government-issued and not expired)
  • Recent utility bill or bank statement (for address verification)

Withdrawal requests will not be processed until KYC verification is complete. Additional verification may be required for high-value transactions. The verification process is generally completed within 24–48 business hours.

Warning: Submitting false or forged identity documents is a serious offence. In such cases, the account will be permanently closed and the relevant authorities will be notified if necessary.

4 Deposit and Withdrawal Policy

All deposits and withdrawals on 558 can be made via Bangladesh's major mobile banking services. Every transaction is processed through fully encrypted, secure channels.

Deposit Terms:

  • Minimum deposit amount: BDT 500
  • Deposits are generally credited to your account instantly.
  • Only payment methods registered in your own name may be used.
  • Deposits from third-party accounts are not accepted.

Withdrawal Terms:

  • Minimum withdrawal amount: BDT 1,000
  • Withdrawal processing generally takes between 1–24 business hours.
  • Withdrawals cannot be processed until KYC verification is complete.
  • Wagering requirements must be met before bonus winnings can be withdrawn.
  • Withdrawals are preferably processed via the same method used for the original deposit.
Processing Time: After a withdrawal request is submitted, the 558 finance team reviews and processes it. This is typically completed within 3–6 hours on business days. Weekends or special circumstances may require a little more time.

5 Betting Rules

The following rules must be followed when placing bets on 558. 558 reserves the right to void bets or withhold winnings for any violation of these Terms and Conditions.

  • Read the odds and market terms carefully before placing a bet.
  • Once a bet is confirmed, it cannot be changed or cancelled (except where the cash-out feature applies).
  • 558 reserves the right to void bets in the event of technical errors or incorrect odds.
  • If match-fixing or abnormal betting patterns are detected, an investigation will be launched.
  • 558 is not liable for disconnections from live betting due to internet issues.
  • If an event is cancelled or postponed, bets will be settled in accordance with the rules of the relevant market.

In any betting dispute, the decision of 558 shall be considered final. However, members may appeal through the support team.

6 Bonus & Promotion Terms

558 bonus and promotion offers are designed to give members added value. Each bonus carries its own specific terms, which must be read before acceptance.

General Bonus Terms:

  • The welcome bonus is available to new members making their first deposit only.
  • To withdraw bonus funds, the specified wagering requirement (typically 5x–20x) must be met.
  • The wagering completion deadline is counted from the date the bonus is received.
  • Attempting to claim bonuses through multiple accounts will result in account termination.
  • 558 reserves the right to modify or cancel any bonus offer.
Please note: Do not accept a bonus without reading its terms, especially the wagering requirements and expiry period. For full details, visit our FAQ Page here.

7 Prohibited Activities

The following activities are strictly prohibited on 558. Any violation of these Terms and Conditions may result in permanent account closure and forfeiture of all funds.

  • Using the platform for money laundering or any other form of illegal financial activity.
  • Placing bets using bots, scripts, or automated software.
  • Creating multiple accounts to claim bonus or promotion benefits.
  • Attempting to gain unauthorized access to 558 systems through hacking, phishing, or any other means.
  • Unauthorized access to another member's account or identity fraud.
  • Participating in or facilitating match-fixing or sports manipulation.
  • Intentionally exploiting technical errors or incorrect odds.
  • Placing bets on behalf of a minor or using a minor's account.

8 Account Suspension and Closure

558 may suspend or permanently close an account without prior notice in the following circumstances:

  • A breach of any provision of these Terms and Conditions.
  • False information is found during KYC verification.
  • If suspicious or abnormal betting patterns are detected.
  • If the member is found to be under 18 years of age.
  • Under legal obligation or by directive of a regulatory authority.

Members may request account closure at any time. Any valid funds in the account will be refunded; however, unused bonuses will be forfeited.

9 Privacy and Data Protection

558 treats the protection of members' personal data as a top priority. For full details on how your information is collected, used, and safeguarded, please refer to our Privacy Policy page.

In short, 558 handles your information:

  • Used for account management and identity verification.
  • Stored on secure servers and protected with SSL encryption.
  • Never sold to third parties.
  • May be shared with authorities solely when required by legal obligation.

10 Responsible Gaming Policy

558 believes in responsible gaming. We want our platform to be a source of positive entertainment in our members' lives — not a cause of harm.

  • Members can set their own deposit and betting limits.
  • Accounts can be temporarily locked for a set period if needed.
  • Permanent self-exclusion is available.
  • If problematic gaming is suspected, 558 may reach out to the member to offer assistance.

To learn more about Responsible Gaming, visit our Responsible Gaming page.

11 Limitation of Liability

558 is not liable for the following:

  • Bets lost or missed due to internet connectivity issues.
  • Delays or issues caused by third-party payment services.
  • Account information leaked due to the member's own negligence.
  • Unexpected technical issues or server downtime.
  • Financial losses incurred by the member due to losing bets.

In all circumstances, 558's maximum liability is limited to the principal balance held in the member's account.

12 Terms Updates & Contact

558 reserves the right to amend these Terms and Conditions, in whole or in part, at any time. For significant changes, members will be notified at least 7 days in advance by email or via a platform notice.

If you have any questions or complaints regarding these Terms and Conditions, please contact our support team:

Support Email: [email protected]
Support Hours: 7 days a week, 24 hours a day

These Terms and Conditions have been prepared in English, and the English version shall be considered the governing version.

Why 558 Is Trusted

Transparent & Fair Betting Platform

The 558 Terms and Conditions are more than words on a page — we actively work to protect our members at every step.

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Fully Secure Transactions

All deposits and withdrawals on 558 are processed through SSL encryption. Your funds and personal data are fully protected.

Clear Terms & Conditions

Instead of complex legal language, all 558 Terms and Conditions are written in plain, straightforward English — so everyone can understand them.

Fast Withdrawal Process

Once KYC verification is complete, withdrawals are typically processed within 6 hours. No unnecessary delays.

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Responsible Gaming Protections

Through tools such as deposit limits, self-exclusion, and betting breaks, 558 helps members maintain healthy gaming habits.

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Fair Dispute Resolution

For any complaint or dispute, 558 follows a transparent and prompt resolution process.

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24/7 Support

The 558 support team is available 24/7, every day of the week, ready to assist you. Whatever the issue, we are here for you.

Done reading the terms? Get started now

Now that you are familiar with 558's transparent rules, register today and enjoy a safe betting experience.

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