550 Terms & Conditions of Platform Use
Please read this document carefully before using 550's services. Your continued use of the platform constitutes your agreement to all terms stated below.
Effective Date: 1 January 2026
1. Acceptance of Terms
By accessing, registering for, or using any part of the 550 platform via https://550.run or our mobile app, you acknowledge that you have read, understood, and agreed to be bound by these Terms & Conditions and all related policies published by 550.
If you do not agree with any part of these terms, you are not permitted to use our platform. 550 reserves the right to update or amend these terms at any time without prior notice. Changes take effect immediately upon publication on this website.
The 550 platform is available only to individuals aged 18 and above who are located in jurisdictions where access to online betting services is permitted. By using this platform, you confirm that you meet both the age and location requirements.
Key Highlights
- Aged 18 and above
- Continued use implies acceptance
- Terms subject to updates
- Platform for Malaysian users
2. Account Creation & Security
To access the full range of 550's services, you are required to register and create a personal account. You are responsible for ensuring that all information provided during registration is accurate, complete, and up to date. Each user is permitted to hold only one active account. Owning multiple accounts may result in the suspension or closure of all associated accounts.
You are solely responsible for keeping your username and account password confidential. 550 will not be held liable for any loss or damage resulting from your failure to safeguard your login credentials. If you suspect your account has been compromised, please contact our support team immediately.
550 reserves the right to request identity verification at any time in order to comply with Know Your Customer (KYC) procedures. This process may require you to submit documents such as a national ID, passport, or other valid identification. Failure to comply with verification requests may result in a temporary suspension or closure of your account.
Transferring or selling a 550 account to any other party is strictly prohibited. Accounts are for the sole personal use of the registered owner and must not be shared with any other individual.
3. Payment & Transaction Information
All financial transactions on the 550 platform are processed in Malaysian Ringgit (RM / MYR). We support a range of deposit and withdrawal methods popular in Malaysia, including online bank transfers via Maybank2u and CIMB Clicks, as well as digital wallets such as Boost and GrabPay.
Successful deposits will be credited to your account balance. Processing times vary depending on your chosen payment method — deposits via digital wallets are typically processed within minutes, while bank transfers may take up to 24 hours on business days. 550 is not liable for any delays caused by third-party payment processors.
Withdrawals may only be made to an account or wallet verified as belonging to the registered user. 550 reserves the right to hold withdrawals for security review or anti-money laundering compliance purposes. Any withdrawal suspected of fraud will be reported to the relevant authorities.
Any unused balance left beyond a specified period may be subject to an inactivity policy, of which users will be notified via their registered email. 550 does not impose any hidden charges on standard deposits; however, certain payment methods may carry fees set by their respective providers.
Supported Payment Methods
- Maybank2u
- CIMB Clicks
- Boost (digital wallet)
- GrabPay
- Currency: MYR (Malaysian Ringgit)
4. User Responsibilities & Platform Rules
550 users agree to use this platform for lawful purposes only and in compliance with all applicable laws and regulations. The following activities are strictly prohibited and may result in immediate account closure without any refund of remaining balance:
- Use of automated software, bots, or scripts to access or manipulate the platform
- Any attempt to hack, breach, or disrupt 550's system operations
- Providing false information during registration or the verification process
- Fraud, collusion, or any form of manipulation of betting outcomes
- Using an account for money laundering purposes
- Accessing the platform from jurisdictions where online betting is prohibited
550 reserves the right to investigate any activity suspected of violating these terms and to take appropriate action, including account suspension, account closure, fund withholding, or legal action where necessary. Users whose accounts are closed due to a breach of these terms are not entitled to any compensation or refund of remaining balances.
Users also agree not to post, upload, or transmit any content that is defamatory, obscene, threatening, or that infringes on the rights of others through any communication features available on the 550 platform.
550 is not responsible for the outcome of any bets or games. All betting activities carry financial risk, and users are solely responsible for their own decisions.
5. Liability, Intellectual Property & Third-Party Links
Liability
550 is not liable for any indirect, incidental, or consequential losses arising from the use of this platform. 550's total liability under any circumstances shall not exceed the amount you deposited in the 30 days prior to the claim.
Intellectual Property
All content on the 550 platform — including logos, designs, text, graphics, and software — is the exclusive property of 550 and is protected under intellectual property laws. Unauthorised reproduction without written permission is strictly prohibited.
Third-Party Links
The 550 platform may contain links to third-party websites. 550 is not responsible for the content, privacy policies, or practices of any such third-party sites. Access to external websites is at the user's own risk.
6. Account Closure, Changes to Terms & Governing Law
550 reserves the right to suspend or close a user's account for reasons including but not limited to: breach of these Terms & Conditions, suspected fraudulent activity, requests from law enforcement authorities, or at 550's own reasonable discretion. Users may also close their own account at any time by contacting our support team.
These Terms & Conditions are governed by the laws of Malaysia, and any disputes arising from the use of the 550 platform shall be resolved in accordance with applicable legal procedures in Malaysia. Users agree to submit to the exclusive jurisdiction of Malaysian courts for any claims relating to this platform.
550 reserves the right to modify, suspend, or discontinue any part of its services at any time. Users will be notified of any material changes to the Terms & Conditions via their registered email or a prominent notice on our website. Continued use of the platform after such changes take effect constitutes your acceptance of the updated terms.
For any enquiries regarding these Terms & Conditions, you may contact our team by email at [email protected] or refer to the FAQ section for further guidance.
Related Policy Links
Agree to Our Terms?
Register your 550 account today and enjoy a safe, transparent sports betting & casino experience built for Malaysian users.