Terms and Conditions
Updated: February 19 2025
INTRODUCTION
By accessing or using our services, you agree to be bound by these Terms and Conditions ("Terms" or "Agreement"). If you do not agree to these Terms, you must immediately discontinue using TheService. Please read them carefully.
SERVICES PROVIDED
The Client will fund their account with the Company, enabling the Client to transact with the Company and its Traders.
STAKE
The Client agrees to deposit sufficient funds ("Stake") with the Company, to be held in their registered account, to cover the cost of transactions the Client places with the Company.
The Client's account, after sufficient funds are validated by the Company and its Traders, shall be debited the full amount for each of the Client transactions.
Any additional Stake or future deposits by the Client is provided at the Client's sole discretion.
PROFITS AND LOSSES
Profits from Client transactions with the Company shall be credited to the Client's account, upon official settlement with the originator.
Profits from the Client's transactions will be available for withdrawal from the Company when the operator credits the full amount to the Company's trading account.
Profits shall be calculated as the total amount paid out, minus any service fees due to the Company.
Losses on Clients transactions with the Company shall be borne exclusively by the Client, and the Company and its Traders shall not be liable for losses.
COMPANY OBLIGATIONS
The Company agrees to: use Client's Stake only for contracted services; maintain accurate and detailed records of all Client's transactions with the Company, and their settlement; provide daily updates to the Client's account on settlements, profits, losses, and current balance; the Company will not transact on events where the Company or the Client have inside information or conflicts of interest; and the Company and its Traders will execute trades only with licensed operators.
ACCOUNTING AND SETTLEMENT
The Company and our Traders shall maintain detailed records of: date and time of each Client transaction; transaction amount; outcome and settlement; payout, if the transaction has a successful result; refund, if the transaction is voided; and current account balance.
Settlements shall occur daily and include: accounting of all transactions; distribution of profits according to the terms of the transaction; and verification of the Client's current account balance.
CONDUCT
The Company and Traders agree to execute trades with honesty and integrity; not to engage in tampering, insider trading, or any unethical behavior; and maintain the privacy of the Client and their transactions. Any violation of this section shall constitute grounds for immediate termination of this Agreement by the Client.
ELIGIBILITY AND ACCOUNT CREATION
To use the Company's service, you must be at least 21 years of age; provide valid government-issued identification; complete in-full any requests from the Company for know-your-customer (KYC) and anti-money laundering (AML) information; and maintain sufficient funds to cover all requested transactions.
The Client must create their account with the Company, and provide accurate, current, and complete information during registration. The Client is responsible for maintaining the confidentiality of their account credentials, and are liable for all activities that occur on their account.
The Client must report any unauthorized activity on their account immediately.
TRANSACTIONS
The Company will: execute Trades at the best available terms with a licensed operator; maintain detailed records of all transactions and settlement results; and settle transactions when official event results are declared and posted by the originator.
The Client acknowledges that: transaction costs may differ from other market prices, due to, but not limited to: changes at the originating operator; public information; the length of time prior to the start of the event; and other factors that may affect market prices of trades.
The Client accepts that not all transaction requests may be fulfilled, based on market conditions and the account balance of the Client; maximum transaction limits may apply; and transaction amounts may be less than what the Client requested.
The Company may decline any transaction request. All transactions are final once confirmed. Any possible refunds or cancellations are subject to the policies of the originator.
PAYMENT TERMS AND FEES
Payment Methods:
We accept various payment methods, including bank transfers and cryptocurrency. Clients agree to bear any reasonable and applicable transaction fees.
Fees:
The Company charges a fee on payouts of successful transactions to cover the costs the Company incurs from all of the Client's trades. Fees may also be applied for wire transfers; expedited settlement; account maintenance on accounts that are inactive for 30 days or more; and special handling requests. All fees are non-refundable unless otherwise specified.
The Company reserves the right to modify our fee structure with appropriate notice.
RISK DISCLOSURE AND LIABILITY
The Client acknowledges that: trading activities involve risk of loss; past performance is not indicative of future results; the Company does not provide trading advice or guarantees; and the Client is solely responsible for their trading decisions.
The Company is not liable for: market losses; technical failures by the originator; technical failures by the Client; third-party actions; force majeure events; and errors by the Client with their trading requests and instructions.
PRIVACY AND DATA PROTECTION
The Company will: protect the Client's personal information; maintain the Client's transaction confidentiality; comply with all applicable privacy laws; and will never share the Client's information without the Client's consent.
Exceptions to confidentiality: any statutory demand by an official regulatory authority; in response to a court order as part of a legal proceeding; an anti-money laundering investigation by an authorized state or federal authority; or the prevention of fraud or other illegal activity.
DISPUTE RESOLUTION
All disputes shall be resolved through binding arbitration in the State of Delaware. The Client waives their right to: jury trial; class action participation; punitive damages; and claims in any other jurisdiction.
Arbitration shall be: administered by the American Arbitration Association; conducted by a single arbitrator; under Delaware state law; in English language; with costs shared equally by the Client and the Company.
TERMINATION
Either party may terminate this Agreement with 30 days written notice. The Company may terminate immediately if: the Client violates these terms; legal requirements mandate termination; the Client engages in prohibited or illegal activity; or the Client becomes insolvent.
GOVERNING LAW
This Agreement shall be governed by and construed in accordance with the laws of the State of Delaware.
MODIFICATIONS
The Company may modify these terms with 30 days notice. Continued use of the Company's services constitutes acceptance of modified terms.
RESPONSIBLE GAMING
The Company monitors its Clients' trading activity for signs the Client may be exhibiting behaviors consistent with compulsive disorders, and will contact the Client to discuss their behavior and assess whether to refer the Client for support and assistance.
ACKNOWLEDGMENT
By using the Company's services, the Client acknowledges reading, understanding, and agreeing to these Terms and Conditions. This Agreement constitutes the entire understanding between the Client and the Company regarding your use of its services.