After winning a bet on 588bet, the time it takes for your winnings to be credited depends on the type of bet placed.
Pre-Match Bet: Once a match ends and the result is confirmed, winnings are typically credited to your 588bet wallet within 5 to 15 minutes. In most cases, this happens automatically right after the match concludes.
Live In-Play Bet: For in-play bets, winnings are credited to your wallet as soon as the relevant event — such as a goal, wicket, or set — is confirmed, typically within 1 to 3 minutes.
Single Bets vs. Multi-Selection Bets: Single bets are settled quickly. For multi-selection bets (parlays/accumulators), the final payout is not calculated until all match results are in.
Special Circumstances: Occasionally, a disputed match result or a technical issue may cause a slight delay — these are typically resolved within 24 hours. If the funds don't appear in your wallet, contact 588bet Live Chat with your bet ID.
The 588bet welcome bonus is exclusively for new members — only those registering for the very first time are eligible to claim it. Follow the steps below to claim yours:
Step 1 — Register: Create a free account on 588bet. If you have a bonus code at registration, enter it — it may increase your bonus amount.
Step 2 — First Deposit: Deposit a minimum of ৳500 via bKash, Nagad, or Rocket. Your welcome bonus is activated on your very first deposit.
Step 3 — Claim Your Bonus: Right after your deposit, go to the "Bonus" or "Promotions" section and claim or activate your welcome bonus. In some cases, it is credited automatically.
Please Note: To receive the welcome bonus, your first deposit must be made within 7 days of registration. Only one welcome bonus can be claimed per device, mobile number, or IP address. For full details on the terms and conditions, Bonus Page See here.
There are several ways to temporarily or permanently close your 588bet account. Choose the option that best suits your needs:
Cooling-Off Period (24 Hours – 6 Weeks): This is the best option for a short break. Go to Profile → Responsible Gaming → Cooling-Off and select your preferred duration. You will not be able to log in during the chosen period.
Self-Exclusion (6 months – 5 years): For extended breaks. Go to Profile → Responsible Gaming → Self-Exclusion and set the duration. Once activated, you will not be able to return until the period expires.
Full Account Closure: To permanently close your account, you must submit a written request to 588bet support. If you have a remaining balance, please withdraw it first.
Contact: If you can't find the page yourself, reach out via live chat — the support team can temporarily suspend your account within minutes. For more details, Responsible Gaming Page See here.
Bonus wagering requirements — sometimes called turnover conditions — may sound complicated, but the calculation is actually straightforward.
What Wagering Means: Say you received a ৳500 bonus and the wagering requirement is 10x. You would need to place a total of ৳5,000 (500 × 10) in bets before you can make a withdrawal.
The Formula: Bonus amount × wagering multiplier = total amount to be wagered.
Example: If your welcome bonus is ৳1,000 with a 15x wagering requirement — 1,000 × 15 = ৳15,000 in total bets required. This doesn't have to be done all at once; you can work through it gradually over time.
Important: Not all bets count toward wagering requirements. Typically, only bets with minimum odds of 1.50 or higher are eligible. Cashed-out bets generally do not count. Each bonus may have its own specific terms, so take a moment to read the conditions before activating any bonus.
Your wagering progress is visible in real time under the Bonus section of your account.
You can update your personal information on 588bet, though some changes will require verification.
General Information (Address, Date of Birth): Log in → Profile Icon → "My Profile" or "Account Settings" → go to the "Personal Information" tab → edit your details → Save.
Mobile Number Change: This can be done directly from the page. Go to Profile → "Security" or "Contact Information" → enter your new number → verify via OTP. An OTP will be sent to your new number; enter it to complete the update.
Name Change: For security reasons, names cannot be changed directly. If there is an error in your name, you will need to contact support and submit a photo of your national ID. This is typically resolved within 24 to 48 hours.
Payment Number Update: To update your bKash or Nagad number, go to Profile → "Payment Methods". For security purposes, a verification code may also be sent to your old number.
588bet has integrated local payment methods specifically for users in Bangladesh.
Mobile Banking:
- bKash — Bangladesh's most popular mobile banking service. Supports both deposits and withdrawals. Minimum ৳500.
- Nagad — The government's mobile banking service. Fast and easy deposits and withdrawals.
- Rocket (Dutch-Bangla) — Dutch-Bangla Bank's mobile banking service. As reliable as a direct bank transfer.
Other Options: In some cases, deposits via crypto (USDT/TRC20) may also be available. Check the 588bet cashier page for the latest list of payment options.
Time & Limits: Deposits are instant and typically reflect in your wallet within 1–5 minutes. Withdrawals are usually processed within 1–3 hours. The minimum withdrawal amount is ৳500. 588bet charges no fees on any transactions.
588bet regularly hosts leaderboard tournaments — compete, top the rankings, and win bonus cash, free bets, and special prizes.
How to Participate: Active tournaments can be found under the "Promotions" or "Tournaments" section on 588bet. Some tournaments enroll you automatically, while others require you to register — full details are available on each tournament's page.
Points Calculation: Point rules vary by tournament. Generally, the more you bet, the more points you earn. Some tournaments only count bets on specific games (such as cricket or slots). Minimum odds or stake requirements may also apply.
Prize Distribution: Prize winnings are generally credited to winners' wallets within 24 to 48 hours after a tournament ends. Rankings are updated in real time on the leaderboard page.
In Case of a Tie: When two players are tied on points, the tiebreaker is typically who reached that score first. This is clearly stated in the terms of each tournament.