Terms & Conditions

The Service operates on credits, a virtual in-app unit used to take positions in markets, receive payouts, transfer value between users, and request eligible redemptions. For convenience, one credit is generally displayed as equivalent to one US dollar of in-app value.

Credits are a limited, revocable license to use features of the Service. Credits are not legal tender, a bank deposit, electronic money, a stored-value instrument, a security, a commodity, an investment product, or a claim on Predikt's assets, and they earn no interest. Credits have no value outside the Service except where an eligible redemption is expressly offered and completed under these Terms.

You must be at least 18 years old (or the age of majority in your location, if higher) and have full legal capacity to enter into these Terms. By using the Service you represent that you meet these requirements.

You are solely responsible for ensuring that your use of the Service is lawful where you are located. The Service may be unavailable, restricted, or prohibited in certain jurisdictions, and we may block access, payments, redemptions, or specific markets at our discretion or where required by law. You may not use the Service via VPN or other means to circumvent geographic restrictions.

You are responsible for the confidentiality of your login credentials and for all activity under your account. Provide accurate information and keep it up to date. Notify us immediately of any unauthorized use.

To protect against fraud and to comply with applicable rules, we may require identity, age, address, or bank verification (including "know your customer" checks) before enabling certain features, in particular redemptions and withdrawals. We may suspend, limit, or terminate accounts that fail verification or that we reasonably believe are engaged in prohibited activity.

You can add credits to your wallet ("top-ups") through our third-party payment processors (such as Stripe and Coinbase Commerce). Payments are processed by those providers under their own terms; we do not store full card or bank numbers. Top-ups are generally final once completed.

Predikt Pro is an optional paid subscription billed on a recurring basis through our payment processor. It renews automatically until you cancel, and cancellation takes effect at the end of the current billing period. Subscription benefits (such as a reduced house fee tier) apply only while the subscription is active. Except where required by law, subscription fees are non-refundable.

Predikt charges a house fee, primarily applied to net winnings and to early cash-outs of profitable positions, as described on the Fees page. Fees may change over time. All material wallet movements are recorded in your transaction history for transparency.

You may be able to transfer credits to another user by username. Transfers are made at your own risk, are generally irreversible once completed, and must not be used for unlawful purposes, money laundering, collusion, or to evade these Terms. We may block, reverse, or freeze transfers we reasonably suspect are fraudulent or abusive.

Where offered, eligible wallet balances may be redeemed or withdrawn through supported providers (such as Stripe Connect or Coinbase), subject to identity and bank verification, minimum amounts, processing times, applicable fees, and the rules in your location. We may delay, decline, or reverse a redemption where required by law or where we reasonably suspect fraud, error, or abuse. Redemptions are not guaranteed and may be unavailable in your jurisdiction.

Standard markets are YES/NO questions whose prices reflect crowd-driven probabilities and may be volatile. Turbo markets are ultra-short-duration price markets (for example, 1, 5, or 10 minutes, or one hour) that settle automatically against live third-party exchange price feeds.

Community bets are markets created by users. They may be public or private (invite-only). The accuracy, framing, and outcome of community bets depend in part on user-supplied information, and we do not endorse or guarantee any user-created market. We may review, edit, restrict, or remove any market at our discretion.

Each market states resolution criteria and sources. Markets are resolved using those criteria, available data and price feeds, and AI-assisted judgment, with AI acting as the final and binding judge of the outcome. Resolution decisions are binding once posted, and there is no appeal beyond any correction process we choose to operate.

Where a market cannot be fairly or accurately determined, where sources conflict, or where a data feed fails, we (or the AI judge) may void the market and refund or reverse the relevant positions through the house ledger. You acknowledge that automated and AI-driven resolution may contain errors and you accept this risk.

You are responsible for any content you submit, including community bets, comments, blog contributions, profile details, and AI-assisted content you generate. You represent that you have the rights to submit it and that it does not infringe third-party rights or violate any law.

You grant Predikt a worldwide, non-exclusive, royalty-free license to host, store, reproduce, adapt, and display your content as needed to operate and promote the Service. You must not submit content that is unlawful, defamatory, hateful, deceptive, infringing, or that facilitates wagering on outcomes involving harm to identifiable individuals. We may remove content and suspend accounts at our discretion.

You agree not to misuse the Service, including by attempting to manipulate markets or prices, colluding, exploiting bugs or pricing errors, using bots or automated systems to gain an unfair advantage, scraping, reverse engineering, circumventing security or geographic controls, or interfering with other users or the integrity of resolution. Violations may result in forfeiture of credits, suspension, or termination.

Nothing on Predikt is financial, investment, legal, tax, or other professional advice. Market prices are crowd-driven probabilities, not predictions or recommendations. You are solely responsible for your decisions. See our Risk Disclosure for the key risks.

You expressly assume all risks of using the Service, including price volatility, the rapid and total loss of credit value (especially in Turbo markets), settlement, oracle, data-feed, and AI-resolution errors, and the possibility that redemptions are delayed or unavailable.

THE SERVICE IS PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED, OR STATUTORY, INCLUDING WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT, ACCURACY, AND UNINTERRUPTED OR ERROR-FREE OPERATION. We do not warrant the accuracy of any market, price, data feed, AI output, or resolution, or that the Service will be available at any particular time.

TO THE FULLEST EXTENT PERMITTED BY LAW, PREDIKT AND ITS AFFILIATES, OFFICERS, DIRECTORS, EMPLOYEES, AND PARTNERS WILL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY, OR PUNITIVE DAMAGES, OR FOR ANY LOSS OF PROFITS, REVENUE, DATA, GOODWILL, OR CREDIT VALUE, ARISING FROM OR RELATED TO YOUR USE OF THE SERVICE, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

TO THE FULLEST EXTENT PERMITTED BY LAW, OUR TOTAL AGGREGATE LIABILITY FOR ALL CLAIMS RELATING TO THE SERVICE WILL NOT EXCEED THE GREATER OF (A) THE TOTAL FEES YOU PAID TO PREDIKT IN THE THREE (3) MONTHS BEFORE THE EVENT GIVING RISE TO THE CLAIM, OR (B) ONE HUNDRED US DOLLARS (US$100). Some jurisdictions do not allow certain limitations, so some of the above may not apply to you.

You agree to defend, indemnify, and hold harmless Predikt and its affiliates, officers, directors, employees, agents, and partners from and against any and all claims, demands, liabilities, damages, losses, costs, and expenses (including reasonable legal fees) arising out of or related to: (a) your use or misuse of the Service; (b) your content or community bets; (c) your breach of these Terms or any applicable law or third-party right; (d) taxes due on any winnings or redemptions; or (e) your violation of any geographic, age, or eligibility restriction. We may assume the exclusive defense of any matter subject to indemnification, and you agree to cooperate with us.

Please read this section carefully — it affects how disputes are resolved. You and Predikt agree that any dispute, claim, or controversy arising out of or relating to the Service or these Terms will be resolved by final and binding individual arbitration administered by [ARBITRATION BODY], rather than in court, except that either party may bring an individual claim in small-claims court where eligible.

Class-action and jury-trial waiver: disputes will be conducted only on an individual basis. You and Predikt waive any right to a jury trial and to participate in a class, collective, consolidated, or representative action. No arbitrator may consolidate more than one person's claims.

Opt-out: you may opt out of this arbitration agreement by emailing legal@predikt.app within 30 days of first accepting these Terms, stating your name and that you opt out of arbitration. To the extent any claim cannot be arbitrated, it will be subject to section 17.

These Terms are governed by the laws of [GOVERNING JURISDICTION], without regard to conflict-of-laws rules. Subject to section 16, the courts located in [GOVERNING JURISDICTION] have exclusive jurisdiction over any dispute not subject to arbitration.

We may suspend or terminate your access at any time, with or without notice, if we reasonably believe you have violated these Terms, engaged in fraud or abuse, or where required by law. On termination for cause, we may void affected positions and, where permitted, forfeit credits associated with the prohibited activity. Sections that by their nature should survive termination (including 13–17) will survive.

We may update these Terms from time to time; continued use after changes take effect constitutes acceptance. We are not liable for delays or failures caused by events beyond our reasonable control. If any provision is found unenforceable, the remaining provisions stay in effect. You may not assign these Terms; we may assign them. These Terms are the entire agreement between you and Predikt regarding the Service.

Questions about these Terms? Email legal@predikt.app.