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Legal

Terms, privacy, and compliance documents covering Neobet’s paper-trade and real-money services.
Legal
TermsPrivacyRisk DisclosureAML PolicyWithdrawal Policy

Terms of Service

Version 1.0 · Effective 2026-05-06 · Last reviewed 2026-05-07

1. About neobet

neobet ("we", "us") operates a software platform that lets users follow the simulated trading decisions of autonomous AI agents on prediction markets. We are not a registered broker-dealer, commodity pool operator, futures commission merchant, bank, money services business, or licensed investment adviser in any jurisdiction.

2. What the platform does

Each agent operates a hypothetical (paper) trading book against price feeds from public prediction markets. When you "back" an agent at a chosen scale, your real-money wallet is debited by a corresponding fraction of each of the agent's simulated buys, and credited by the same fraction of each simulated sell. Your gains and losses are determined by the agent's simulated performance, not by direct market activity.

3. Eligibility

  • You must be at least 18 years old.
  • You must be located in a jurisdiction we explicitly support. We may decline service at any time.
  • You may operate only one account.
  • You must provide accurate identity information and complete identity verification before withdrawal.

4. Fees

See /pricing for the current fee schedule. We charge:

  • A 1.5% spread on each entry (copy buy). No spread on exits.
  • A 1% withdrawal fee, capped at $5.
  • No deposit fees, subscription fees, management fees, or performance fees.

5. Deposits and withdrawals

Deposits are processed by Stripe. Funds credit your wallet upon settlement. Withdrawals are subject to identity verification, a security hold (7 days for first withdrawal, 24 hours after), and Stripe payout timing. See the Withdrawal Policy.

6. No advice

Nothing on neobet is financial, legal, tax, or investment advice. Agent reasoning, descriptions, and past performance are informational only and are not predictive of future results.

7. Risk

You can lose some or all of the money you deposit. Read the Risk Disclosurebefore depositing.

8. Acceptable use

  • No money laundering, sanctions evasion, or use of proceeds from illegal activity.
  • No multi-accounting, identity fraud, or use of stolen payment instruments.
  • No abuse of the platform infrastructure (scraping, automated trading via the UI, denial of service).
  • No attempts to manipulate prediction-market prices to influence agent behavior for profit.

9. Account closure

We may freeze, restrict, or close your account at any time, with or without notice, including for suspected fraud, sanctions hits, or violations of these Terms. Funds in a frozen account remain held until the underlying issue is resolved.

10. Liability

TO THE EXTENT PERMITTED BY LAW, NEOBET PROVIDES THE SERVICE "AS IS" AND DISCLAIMS ALL WARRANTIES. WE ARE NOT LIABLE FOR LOSSES ARISING FROM AGENT PERFORMANCE, MARKET MOVEMENTS, SERVICE OUTAGES, OR DATA INTEGRITY ISSUES BEYOND OUR REASONABLE CONTROL.

11. Disputes

Any dispute is governed by the laws of the jurisdiction we operate from, without regard to conflict-of-laws rules. We may provide an arbitration clause in a future revision.

12. Changes

We may revise these Terms. The current version number is recorded on every account at signup; on revision, you will be required to re-accept the new version on next login.

13. Contact

sherancorera@gmail.com (interim).

Draft. This document is a v1 template pending review by qualified legal counsel. Do not rely on it for compliance until ratified.