Razed Terms & Conditions — A Complete Guide for Users in Bangladesh

1. General Terms & Applicability

Razed is an online betting platform offering Sports Betting, lottery, and related entertainment services to users in Bangladesh. These Terms & Conditions apply to all services provided by Razed.

To use this platform, you must:

• You must be at least 18 years of age.
• You must register an account in your own name and for your own use — opening an account on behalf of someone else is strictly prohibited.
• You must register using accurate and truthful information.
• The platform must not be used for fraudulent activity, money laundering, or any other illegal purpose.

These Terms & Conditions are available in both Bengali and English. In the event of any discrepancy in interpretation, the English version shall prevail.

2. Account Registration & Verification

To open an account on Razed, you must provide your correct name, mobile number, and date of birth. If any information provided at registration is found to be false, your account may be immediately closed and any pending winnings may be forfeited.

KYC (Know Your Customer) Verification Process:

• A copy of your national ID or passport must be submitted before your first withdrawal.
• The name on your mobile banking account must match your registered name.
• Additional verification may be required for large withdrawals (over ৳50,000).
• Each person may hold only one account — if multiple accounts are found, all of them will be closed.

You are responsible for keeping your account secure. Never share your password with anyone. If you suspect unauthorized access to your account, contact support immediately.

3. Betting Rules

The following rules apply to all bets placed on Razed:

• Once a bet is confirmed, it cannot be changed or cancelled — except where a specific cash-out option is available.
• The minimum bet amount is ৳10, and the maximum varies depending on the specific event and market.
• Razed reserves the right to void any bet accepted at incorrect odds due to a technical error.
• Match fixing or placing bets using insider information is strictly prohibited.
• Once a match result is confirmed, payment is typically processed within 24 hours.

If an event is cancelled or suspended, the relevant bets are generally voided and stakes are refunded. However, in certain situations (such as a rain-interrupted match), the result may be determined using the Duckworth-Lewis method.

4. Payments, Deposits & Withdrawals

Razed accepts payments via bKash, Nagad, and Rocket. For more details on payment options, Payments page View.

Deposit Rules:

• Minimum deposit: ৳100
• Maximum single deposit: ৳1,00,000
• Deposits are usually credited to your account instantly.
• Depositing from a third-party account is not permitted.

Withdrawal Rules:

• Minimum withdrawal: ৳500
• Maximum daily withdrawal: ৳2,00,000
• Standard withdrawal processing time: 15 minutes to 24 hours.
• Withdrawals may be held until KYC verification is complete.
• Wagering requirements must be met before bonus funds can be withdrawn.

Razed does not charge any deposit or withdrawal fees. However, your mobile banking provider may apply their own charges, which are beyond Razed's control.

5. Bonuses & Promotional Offers

Razed offers a variety of bonuses and promotions. Each offer comes with its own terms and conditions, which Promotions page Full details are provided.

General Bonus Terms:

• Each bonus offer can only be used once per user.
• Welcome bonus wagering requirement: bonus amount × 20.
• Bonuses are generally valid for 30 days — any unused bonus will expire at the end of this period.
• The maximum withdrawal limit on winnings from bonus funds is set separately for each offer.
• If bonus abuse is proven — such as using multiple accounts or false information — the bonus and any associated winnings may be forfeited.

6. Responsible Betting

Razed is firmly committed to responsible betting. Betting is for entertainment — it should not be treated as a source of income. For more information, Responsible Gaming page View.

Razed offers the following benefits:

• Deposit Limits: You can set daily, weekly, or monthly deposit limits.
• Betting Limits: Set limits on individual bets or your total betting amount.
• Break Feature: You can temporarily suspend your account for anywhere between 24 hours and 30 days.
• Self-Exclusion: You may request a long-term or permanent self-exclusion at any time.
• Reality Check: You'll receive periodic reminders showing how long you've been playing.

If you or someone you know is struggling with a gambling-related problem, please reach out to our support team. We're always here to help.

7. Privacy & Data Protection

Razed protects your personal information with the utmost confidentiality. For more details, Privacy Policy Read.

• Your information is never sold to third parties.
• Your information is not shared without a lawful order from a regulatory authority.
• All personal data is secured with SSL encryption.
• You have the right to access, correct, or delete your personal information.

8. Account Suspension & Closure

Razed may suspend or close an account for any of the following reasons:

• Registering with false information.
• Creating multiple accounts or abusing bonuses.
• Fraudulent activity or system manipulation.
• Money laundering or suspicious financial activity.
• Harassment or abuse of other users.
• If the user is found to be under 18 years of age.

To close your account, contact our support team. Any remaining balance (excluding bonus balance) can be withdrawn before closure.

9. Dispute Resolution

If a dispute arises, contact the support team first. Most issues are resolved within 24–48 hours.

• Complaint submission deadline: within 30 days of the incident.
• Razed will provide an initial response within 7 business days.
• Complex cases may take up to 30 business days to resolve.
• In disputes related to betting outcomes, server logs will be treated as the definitive evidence.

10. Changes to Terms & Enforceability

Razed may update these terms and conditions at any time. For significant changes, at least 7 days' notice will be given via email or an on-platform notification.

If you do not agree with the updated terms, you may close your account. Continuing to use the platform after any changes have been made will be considered acceptance of the new terms.

If any part of these terms is found to be invalid or unenforceable, the remaining provisions will continue to apply in full.

Last Updated: January 2026 | Next Review: July 2026