Terms of Service

The 50pick service is operated by 50pick Ltd, registered in the United Republic of Tanzania (TIN pending), under licence from the Gaming Board of Tanzania (licence number to be confirmed at launch). Players must be 18 years or older and physically present in Tanzania at the time of play.

• Tanzanian resident with a valid NIDA national identification number
• Aged 18 or older at the time of registration
• One account per natural person; duplicate accounts will be closed and balances forfeited per AML rules
• You must keep your registered phone number, email, and address up to date

Before withdrawing winnings you must complete identity verification against the National Identification Authority (NIDA). We may request additional documents (proof of address, source-of-funds declaration) if your activity triggers anti-money-laundering thresholds.

50pick operates a whole-pool Price Competitionmarket model. All stakes — YES and NO — are pooled. We deduct our commission, and the remaining net pool is distributed to the winning side, pro-rata to each correct stake's share of the winning side's pool.

Our commission is 10% of the pool, but never more than a third of the smaller side. The smaller side is the prize — it is all the money the winning side can win — so capping our commission below it means that a winning bet is never paid less than it staked. We never take more than a third of what you win.

The rates that apply to a market are fixed when that market is createdand cannot be changed afterwards. A later change to our rates affects future markets only; it can never re-price a bet you have already placed. The exact commission taken from a settled pool is shown, in shillings, on that market's resolution panel.

The probabilities shown on the dial are implied by the current pool composition and update with every new bet — they are not guaranteed odds. While betting is open your final payout is not yet determined, because the pools are still moving. The moment betting closes, the pools are final and we notify you of the exact amount you will receive if your side wins.

Cash-out is available while betting is open. Within the free-exit window after placing a bet you may sell for a full refund at no charge; after that an early-exit fee applies. If no bets are placed on the opposing side, there is no prize to pay from and every stake is refunded in full, at no charge.

Payouts are credited to your wallet immediately on market settlement. Withdrawals to mobile money or bank complete within 60 seconds for amounts under TZS 1,000,000; larger amounts may be held for AML review for up to 24 hours.

A withdrawal is charged a 1% fee, and nothing else. No tax is withheld from your money. Taxes and statutory levies are paid by 50pick out of its own commission — they are never deducted from your balance or your winnings. The fee is shown on the withdrawal screen before you confirm.

Bets may be voided where the underlying event is abandoned, the wrong outcome is initially settled, or the result is corrected by the source authority within 24 hours of resolution. Disputes must be raised in writing to support@50pick.tz within 30 days of placement.

You can set deposit limits, take a break, or self-exclude inResponsible Gambling. See the dedicated Responsible Gambling Policy.

You may close your account at any time. We retain transaction history for the period required by law (currently 7 years for AML records).

To the maximum extent permitted by law, our liability is limited to the balance held in your wallet at the time of any disputed event. We are not liable for losses arising from match fixing or third-party fraud, which are handled per the Match Integrity Annex (B).

We will notify you in writing (in-app + SMS) at least 14 days before any material change to these Terms. Continued use after the change constitutes acceptance.