1. Introduction

1333bet maintains this Know Your Customer (KYC) Policy to govern the application of customer due diligence (CDD) and related anti-money laundering (AML) and countering the financing of terrorism (CFT) controls on the 1333bet platform (the Website). The Policy applies to all natural persons establishing and maintaining an account with 1333bet and to all transactions conducted through the Website.

2. Scope, References, and Definitions

  • Key terms: AML means anti-money laundering; CFT means countering the financing of terrorism; CDD means customer due diligence; EDD means enhanced due diligence; PEP means politically exposed person; FATF refers to the Financial Action Task Force; and the Website refers to the 1333bet platform.
  • The Policy covers customer onboarding, ongoing monitoring of activity, verification of identity and source of funds, and record-keeping requirements, in accordance with applicable laws and regulations.

3. Regulatory Compliance and Governance

1333bet complies with applicable AML/CFT laws and regulatory expectations relevant to the jurisdictions in which it operates. The Company maintains governance structures for AML/CFT, including a designated Money Laundering Reporting Officer (MLRO) and a Compliance Officer responsible for implementing and supervising this Policy, reporting suspicious activity, and coordinating with competent authorities as required.

4. Risk-Based Approach and Risk Assessment

The Company employs a risk-based approach to assess each customer. Risk factors include:

  • Geographic risk based on the customer's country of residence or domicile;
  • Customer risk such as political exposure or sanctions status;
  • Transaction risk including unusually large or rapid fund movements; and
  • Behavioral indicators of potential wrongdoing, such as multiple devices or IP addresses used to access the account.

Based on the assessment, customers may be subject to standard verification or enhanced measures as described in this Policy.

5. Verification Thresholds and Standard Verification

Standard Verification is triggered in the following circumstances or as determined by the risk assessment:

  • The cumulative value of transactions conducted through the Website by a customer reaches or exceeds a defined threshold (e.g., currency equivalents of USD 1,000);
  • The customer presents a significant risk of money laundering or terrorist financing;
  • The customer's activity raises grounds to suspect a breach of the Terms and Conditions; or
  • Other scenarios where verification is deemed necessary by Company personnel.

Upon Standard Verification, 1333bet may request the following documents or data:

  • A readable copy or photo of the customer's government-issued identification document (e.g., passport or national ID);
  • A photo of the payment card used or intended to be used for deposits, with the cardholder’s name clearly visible and unmasked; CVV and the middle digits may be obscured;
  • A photo of the customer holding the required data page or document set (as specified by the Company);
  • Proof of address (e.g., utility bill, bank statement) dated within an acceptable recent period;
  • In certain cases, additional documents to verify the source of funds or evidence of residence, and, if requested, a contact with the Website’s Support Team for live verification;
  • In some situations, the customer may be asked to provide a hand-written note containing the registered email and the date of the photo request along with a confirmation code.

6. Enhanced Due Diligence (EDD)

1333bet applies Enhanced Due Diligence for customers who present higher risk, including:

  • Politically Exposed Persons (PEPs) or family members or close associates of PEPs;
  • Customers resident in or conducting substantial activity from high-risk jurisdictions; or
  • Any other scenarios identified as high risk by the risk assessment.

EDD may include additional verification steps, requests for information on the source of wealth, and, where required by law, the involvement of senior management approval. The Company reserves the right to request further data and documentation to comply with applicable regulatory requirements.

7. Ongoing Monitoring and Suspicious Activity

All customer activity is monitored for suspicious patterns. Suspicious activity includes, but is not limited to:

  • Unusual deposit or withdrawal patterns or rapid deposits;
  • Use of multiple devices or IP addresses in a short period; and
  • Discrepancies between declared geolocation, citizenship, or residency and transaction activity.

The Company shall escalate any suspicious activity to the antifraud function and may undertake further risk-based actions, including temporary restrictions or additional verification, as appropriate.

8. Transactions Monitoring and Controls

With respect to payments, the following controls apply:

  • Payments initiated by a card must be attributable to the account holder; the name on the card must match the account holder’s name;
  • Electronic wallets and payment accounts used for deposits must be associated with the registered user; withdrawals should be made to the same payment instrument used for funding where technically feasible;
  • Anonymous payment methods, including certain cryptocurrencies or anonymous wallets, are not accepted for funding or withdrawal;
  • 1333bet reserves the right to refuse withdrawals or to require alternative recovery methods if ownership of the funds cannot be proven.

9. Record-Keeping and Data Retention

All verification documents and related data, including transaction records and supporting evidence, are retained in accordance with applicable law and regulatory guidance. Records shall be protected and maintained to support law enforcement investigations, and shall be available for audit by internal or external regulators as required. The data retention and processing shall comply with applicable data protection laws, including GDPR where applicable, and the Company’s Privacy Policy.

10. Data Protection and Privacy

1333bet processes personal data in accordance with applicable data protection laws. Personal data collected for KYC purposes will be used solely for the purposes of identity verification, risk assessment, and regulatory compliance, and will be retained for the minimum period required by law or regulation. Access to verification data is restricted to authorized personnel only and protected using appropriate technical and organizational measures.

11. Roles and Responsibilities

The Company assigns specific roles to ensure effective AML/CFT controls:

  • Money Laundering Reporting Officer (MLRO) – responsible for the receipt and handling of internal disclosures and external reporting as required by law;
  • Compliance Officer – oversees the AML/KYC program, policy updates, and regulatory liaison;
  • Senior Management – maintains overall responsibility for policy integrity and resource allocation; and
  • Employees – receive training and comply with CDD/EDD procedures and reporting obligations.

12. Reporting and Cooperation with Authorities

1333bet will report suspicions or confirmed money laundering and terrorist financing concerns to the appropriate competent authorities in accordance with applicable law. Employees must report grounds for knowledge or suspicion of AML/CTF activity through the designated lines of reporting. Disclosures are confidential and must not be disclosed to customers or other parties not involved in the investigation.

13. Customer Refusal, Restrictions, and Account Finality

Failure to provide accurate or timely information, or refusal to comply with verification requirements, may result in account restrictions, temporary suspension, or closure. In such cases, deposits and withdrawals may be forfeited or blocked in accordance with applicable law and 1333bet’s policy on funds handling.

14. Amendments and Updates

This Policy may be updated from time to time at the sole discretion of 1333bet. Customers will be notified of material changes by e-mail or through the Website, and continued use after notification constitutes acceptance of the revised Policy.

15. Miscellaneous

All sections of this Policy operate in conjunction with 1333bet’s Terms and Conditions, Privacy Policy, and any other anti-fraud or compliance policies implemented by the Company.