Korikya Terms & Conditions — Complete Guide for Members

1. General Terms & Applicability

These Terms & Conditions ("Terms") constitute a legally binding agreement between Korikya ("we", "Korikya") and its members ("you", "user"). By accessing or using the Korikya website, mobile app, or any of our services, you are deemed to have accepted these Terms.

Korikya is an internationally licensed online betting and gaming platform offering Sports Betting, casino games, live dealer games, and virtual sports. All our services are designed with Bangladeshi users in mind.

Korikya reserves the right to update these Terms & Conditions at any time. Continued use of the platform after any changes constitutes acceptance of the revised terms. We recommend checking this page regularly.

2. Account Registration & Eligibility

The following conditions must be met to open an account and place bets on Korikya:

• Age: You must be at least 18 years old. Use of Korikya by minors is strictly prohibited.
• One Account Policy: Each person may hold only one account. If multiple accounts are found belonging to the same individual, all accounts will be closed.
• Accurate Information: You must provide complete and accurate information at the time of registration. Korikya reserves the right to close any account found to have been registered with false details.
• Personal Use: Your account is for your personal use only. Betting on behalf of third parties is strictly prohibited.
• Password Security: Keeping your login credentials secure is your responsibility. If your account is compromised, contact our support team immediately.

Account Registration Steps

Registering on Korikya is straightforward. Simply create an account with your name, mobile number, email address, and date of birth. Once registered, an OTP will be sent to your mobile — verify it to activate your account.

3. KYC Verification Process

Korikya complies with international Anti-Money Laundering (AML) policies. As a result, all members are required to complete KYC (Know Your Customer) verification once they exceed specified limits.

Required Documents

• Proof of Identity: A clear photo of your National ID (NID), passport, or driving license.
• Proof of Address: A utility bill, bank statement, or any government-issued document (issued within the last 3 months).
• Payment Verification: A screenshot or statement confirming ownership of the payment method used.

KYC verification is typically completed within 24–48 hours of document submission. Withdrawal requests will not be processed until verification is complete. Our support team is always on hand to assist with any KYC-related issues.

4. Payment, Deposit & Withdrawal Policy

Korikya supports all major payment methods available in Bangladesh. Our goal is to make your transactions as fast and hassle-free as possible.

Deposit Rules

• Minimum Deposit: ৳500
• Deposits are usually credited to your account instantly.
• No additional charges apply to deposits.
• Only payment methods registered in your own name may be used.

Withdrawal Rules

• Minimum Withdrawal: ৳1,000
• Withdrawal requests are typically processed within 24 hours.
• KYC verification must be completed before making a withdrawal.
• Withdrawals are processed using the same method that was used for the deposit.
• Korikya reserves the right to place a hold on withdrawals in the case of suspicious transactions.

5. Betting Rules

Korikya's Sports Betting section covers all major sports worldwide, including cricket, football, tennis, and badminton. Please familiarize yourself with the rules below before placing any bets.

Bet Placement Rules

• Once a bet is confirmed, it cannot be changed or cancelled unless the Cash Out option is active.
• Odds for each market may change in real time. The odds at the moment a bet is confirmed are final.
• Minimum bet: ৳100; maximum bet varies by market and event.
• If a match or event is cancelled, the stake will be refunded.

Live Betting

Korikya's Live Betting section lets you place bets on ongoing matches in real time. Odds change rapidly during live play. Korikya is not liable for any delay in bet acceptance caused by technical issues.

Betting Results

Match results are determined based on the official result announcement. In the event of any dispute, the decision of Korikya's management shall be considered final.

6. Bonus & Promotional Offers

Korikya regularly offers its members attractive bonuses and promotional offers. Each offer comes with specific terms that must be followed.

Welcome Bonus

New members will receive a welcome bonus on their first deposit. The wagering requirement for this bonus is generally 10 to 20 times the bonus amount. If the requirements are not met within the specified timeframe, the bonus will be forfeited.

General Bonus Terms

• A member may not claim the same bonus offer more than once.
• Bonuses may only be used for betting or gaming on the Korikya platform.
• Funds cannot be transferred from a bonus account to another account.
• If a withdrawal is requested after a bonus has been credited but before the wagering requirements are met, the bonus will be forfeited.
• Korikya reserves the right to modify or cancel any promotional offer at any time.

7. Prohibited Activities

Korikya is committed to maintaining a fair and secure platform. The following activities are strictly prohibited and may result in account closure and balance forfeiture:

• Multiple Accounts: Creating multiple accounts to claim bonus benefits.
• Bonus Abuse: Exploiting loopholes in bonus terms to gain an unfair advantage.
• Collusion: Colluding with other players to artificially manipulate betting outcomes.
• Money Laundering: Using the platform for the purpose of money laundering.
• Use of Software: Placing bets using bots or automated software.
• Fraud: Any form of fraud or deceptive activity.
• Underage Use: Allowing anyone under 18 to use the platform.

8. Responsible Betting Policy

Korikya believes betting is a form of entertainment — it should never be treated as a source of income. We care about the mental and financial well-being of all our members and make responsible betting our top priority.

Our Responsible Gaming Tools

• Deposit Limit: Set daily, weekly, or monthly deposit limits.
• Betting Limits: Decide in advance how much you will bet within a given period.
• Cooling-Off Period: Take a break from betting for a set period of time.
• Self-Exclusion: Suspend your account for 6 months or more.
• Reality Check: Receive periodic reminders about your betting time and amounts.

If you feel that betting is negatively affecting your daily life, family relationships, or financial situation, please do not hesitate to reach out to us. Our trained support team is always ready to help. For more information, please visit our Responsible Gaming View page.

9. Privacy & Data Protection

Korikya takes the protection of your personal information very seriously. We follow international data protection standards and are committed to keeping your data fully secure.

What Information We Collect

• Name, address, email, and phone number provided at registration.
• Identity and address documents submitted for KYC verification.
• Transaction history and betting activity records.
• Technical information about your device and browser.

How We Use Your Information

• Account management and service delivery.
• Fraud prevention and security assurance.
• Fulfilling legal obligations.
• Improving service quality and delivering a personalized experience.

10. Account Closure & Suspension

Korikya reserves the right to temporarily suspend or permanently close a member's account in the following circumstances:

• Violation of any provision of these Terms & Conditions.
• If registration is completed using false or incomplete information.
• Failure to complete KYC verification or provide the required documents.
• If evidence of suspicious or fraudulent activity is found.
• As directed by a court or legal authority.

If you wish to close your account yourself

If you wish to close your account, please contact our support team. Make sure to withdraw any remaining balance before the account is closed. Once closed, you will need to contact support again to reopen it.

11. Dispute Resolution

For any disputes or complaints, please contact our customer service team in the first instance. We believe most issues can be resolved quickly through direct communication.

How to Submit a Complaint

1. Submit your complaint to our support team via email or live chat.
2. Include a detailed description of your complaint along with any screenshots and relevant information.
3. Our support team will provide an initial response within 48 hours.
4. For complex matters, a final resolution will be communicated within 7 business days.

12. Terms & Conditions Update Policy

Korikya reserves the right to modify, amend, or update these Terms & Conditions at any time. For any significant changes, members will be notified via email or an in-platform notification.

Continued use of the platform after any changes constitutes acceptance of the revised terms, so we recommend visiting this page regularly. You can check the "Last Updated" date at the top of the page to see when changes were most recently made.