Welcome Bonus rules

1. For a player to get the welcome bonus, a minimum deposit of 10,000 GNF must be made as first deposit
2. 200% of the initial deposit will be credited into customer's bonus wallet
3. The bonus amount credited must be wagered 10 times before customer can redeem his or are winnings from the bonus wallet.
If you credit 10,000 GNF and you are given a bonus of 20,000 GNF. You now stake all the 20,000GNF on 5 odds,
you will 100,000GNF. And you stake all the 100,000GNF on another 5 odds and you will 500,000. You can redeem all the money in your bonus wallet because you are fulfilled the minimal wagering condition which ought to be 200,000. Please note that you are free to distribute y our bonus amount anyhow you want to place your bet be it 1,000 or 10,000 GNF.
4. A minimum cumulative of 5 odds per ticket must be fulfilled before betting with bonus. For example, you can pick 1.1 odd, 1.2 odd, 3.5 odd etc. but the ticket must have a minimum of 5 odds before the bet will be played.
5. The duration of this welcome bonus is 30 days. Any bonus yet to be utilized in the bonus wallet after the expiration of the bonus period will be frozen and remove automatically.
6. The highest deposit amount eligible for the welcome bonus is 500,000 GNF.
7. The maximum welcome bonus that can be awarded is 1,000,000 GNF.
8. The maximum amount that can be redeemed from the bonus wallet is 2,000,000 GNF
9. Bonus can only be use to bet on sports book
10. Cash out is not allowed while betting on bonuses.
11. Any bonus abuser will get his or her account permanently disabled and bonus will be removed. Syndicate bets and players is prohibited.
12. Multiple accounts is highly prohibited and may result in permanent account suspension
13. Customer must bet with a minimum of 80% of his or her deposit amount before making any withdrawal request.
14. Should you have any issue while trying to redeem your bonus, please feel free to reach out to the customer service for assistance.
15. Guinee Million have the right to modify and change the bonus rule at any time when they deem it necessary to do so.

Promo Code Bonus Condition

1. A bonus of 5% of the first deposit amount will be credited to the promo code wallet. Example: if a customer deposits 20,000 GNF, they will receive 1,000 GNF in their promo code wallet.
2. The promo code bonus can only be used for betting on instant games and lottery games.
3. There are no rollover requirements attached to the promo code bonus.
4. This promo code bonus is exclusively available for new users.
5. The bonus is valid for 8 days.
6. Any user found abusing the bonus will have their account permanently disabled, and the bonus will be revoked. Syndicate betting and collusion among players are strictly prohibited.
7. Creating multiple accounts is strictly forbidden and may result in permanent account suspension.
8. Customers must wager at least 80% of their deposit amount before requesting a withdrawal.
9. If you encounter any issues while redeeming your bonus in the promo wallet, please contact customer service for assistance.
10. Guinee Million reserves the right to modify or update the bonus rules at any time as deemed necessary.

Cashout

Cashout allows a bettor to sell an already-placed ticket back to the bookmaker before it is settled. When a bettor opts for Cashout, the bookmaker offers a buyback amount based on the current value of the ticket. If the bettor accepts the offer, they receive the specified amount but forfeit any further potential winnings if the ticket ultimately wins.

The two most common scenarios for Cashout are:

Partially-won multiples - where the bettor wants to secure part of their potential winnings and avoid relying on the outcomes of unsettled events.

Likely losing tickets - where the bettor aims to minimize potential losses by recovering a portion of their stake.

1.2 Ticket Value

The expected value of a ticket at any given time is calculated as:

Ticket stake x Ticket odds x Probability of winning at that moment

This approach applies to most bet types. However, for bets involving potential void, halfwon, or half-lost outcomes—such as Draw No Bet, Asian Handicap, and Asian Totals—a more complex calculation is required (see Chapter 1.3).

For multiple bets, the ticket odds are the product of individual event odds, while the ticket's winning probability is the product of each event's probability.

Example 1:

A bettor places a single bet with a 10,000 FG stake at 1.9 odds on an event initially estimated to have a 50% probability of winning.

At the time of placement, the ticket's value is: 9,500 FG (10,000 FG x 1.9 x 50%)

Later, if the event's probability increases to 80%, the new ticket value becomes: 15,200 FG (10,000 FG x 1.9 x 80%)

Example 2:

A bettor places a 10-fold multiple bet with a 10,000 FG stake at 100 combined odds, with an initial win probability of 0.5%.

At placement, the ticket's value is: 5,000 FG (10,000 FG x 100 x 0.5%)

If some events are settled and the win probability rises to 50%, the ticket's new value becomes: 50,000 FG (10,000 FG x 100 x 50%)

Cashback

Here are the cashback conditions:

1. Customers must place a minimum of 100,000 GNF in bets on the Sportsbook during the qualifying week.
2. The betting period runs from Monday to Sunday of the previous week.
3. 10% of the total net losses for the week will be credited to the customer's cashback bonus wallet on Monday morning.
   Example: If you bet 1,000,000 GNF during the week and lose 500,000 GNF, you will receive 50,000 GNF in cashback.
4. The cashback bonus must be used within 24 hours of being credited, otherwise it will expire.
5. Cashback can only be used for bets on the Sportsbook.
6. Cashback bonuses will be credited every Monday.
7. Guinee Million reserves the right to modify the bonus conditions at any time.
8. There is no winnings limit with the cashback bonus.
9. The maximum cashback amount that can be credited is 1,000,000 GNF.
10. In the event of bonus abuse, Guinee Million reserves the right to immediately withdraw the bonus.