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Magic Beanz Gamble Responsibility

magicbeanz.gg

Gambling with Responsibility

Last updated: 25-June-2024

Please read this information carefully for your own benefit.

MagicBeanz.GG is operated by Magicbeanz.gg.

Interpretation and Definitions

Interpretation

The words of which the initial letter is capitalized have meanings defined under the following conditions. The following definitions shall have the same meaning regardless of whether they appear in singular or in plural.

Definitions

For the purposes of these Terms and Conditions:

  • Account means a unique account created for You to access our Service or parts of our Service.

  • Company (referred to as either "the Company", "We", "Us" or "Our" in this Agreement) refers to Magicbeanz.gg

  • Service refers to the Website.

  • Website refers to MagicBeanz.GG.

  • You means the individual accessing or using the Service, or the company, or other legal entity on behalf of which such individual is accessing or using the Service, as applicable.

​Mission Statement

MagicBeanz.GG is dedicated to fostering responsible gambling practices to all customers on our platform and within our community. We are committed to ensuring that our customers are educated on our various responsible gambling tools available for use, promoting gambling as a form of entertainment, and empowering individuals to make informed decisions about their gambling activities.

5 Tips for Effective Management of Your Gambling Activities

  1. 1.Balance Activities: Prioritize other recreational activities along with gambling.

  2. 2.Plan Your Session: Before gambling, decide how much time and money you want to spend.

  3. 3.Affordability: Only gamble with money you can afford to lose.

  4. 4.Understand the Odds: Be aware of the risks associated with gambling and the chances of winning.

  5. 5.Recognize the Signs: Identify when gambling stops being fun and becomes a problem, and take action.

Knowing the Odds

Understanding the odds helps put the chances of winning into perspective. MagicBeanz.GG offers a variety of casino games with different win rates and probabilities, which players should be aware of to understand the associated risks.​

House Advantage/House Edge

Games have a house edge to ensure a percentage of the total amount wagered is returned to the house.

Randomness

All gambling involves an element of randomness - there is no way to control the outcome of any casino game.

Independent Outcomes

Game outcomes are independent of previous plays. Each game or spin is a separate event.

Odds and Probability

Odds and probability describe your chances of winning. While the odds can appear low, there are no certainties in betting.

Introducing Our Responsible Gambling Tools

Gambling should always be a form of entertainment. To assist you in keeping your gambling activities fun, MagicBeanz.GG offers a range of responsible gambling tools.

Gambling Limits

  • Loss Limit: Set a limit on how much you can afford to lose over a set period (daily, weekly, monthly). Profits made during this period are not counted towards the loss limit.

  • Wager Limit: Set a limit on how much you can wager over a set period. This is not a net limit, so profits are excluded.

To adjust your limits, you must remove existing limits and create new ones. A 24-hour cool-off period applies when removing limits.

Self-Exclusion

Self-exclusion allows you to suspend all access to your account if you believe you are at risk of developing a gambling problem or currently have one. The available periods are:

  • 6 Months

  • 1 Year

  • Indefinite

For indefinite exclusions, your account remains blocked until you request to revoke it after a minimum period of 6 months.

Temporary Exclusion

MagicBeanz.GG also offers temporary exclusions to take a break from gambling. The available periods are:

  • 1 Day

  • 1 Week

  • 1 Month

  • 3 Months

MagicBeanz.GG reserves the right to self-exclude an account if it is deemed unsafe for the user to continue gambling.

Help Organizations

If you are concerned about yourself or someone else managing their gambling, several external support agencies can provide advice:

Minors

MagicBeanz.GG does not support underage gambling. Underage gambling is illegal and defined as anyone under 18 years old at the time of account registration. No winnings will be paid to underage players.

Tips for Parents

  • Do not leave your computer unattended when casino software is running.

  • Password-protect your casino program.

  • Do not allow minors to participate in any gambling activity.

  • Keep your casino account number and payment card(s) out of reach of minors.

  • Do not save passwords on your computer.

  • Limit the amount of time your children spend online and use software to prevent access to inappropriate material.

Gambling Blocks

Use gambling site blocker apps to restrict access to gambling websites as a protective measure. Recommended apps include:

MagicBeanz.GG does not accept any liability for third-party software.

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