Notbet Disclaimer
Effective Date: [September 20, 2024]
The following disclaimers are provided to ensure that users understand the limitations of the services offered by Notbet and the scope of our responsibility. Notbet operates as a cashless, free-to-trade sports trading platform, and while we strive to provide a seamless and enjoyable experience, there are certain legal and practical considerations that users must be aware of when using our services.
1. No Real-Money Trading
Notbet is a cashless platform designed for entertainment, educational purposes, and social engagement. There are no real-money transactions, wagers, or cash-outs on the platform. Any virtual currency (such as Bettercoin) used within Notbet has no intrinsic value outside of the platform and cannot be redeemed for real-world currency or financial instruments. Users should not interpret the use of virtual currency within the platform as real-money trading or gambling. By using Notbet, you acknowledge that there is no opportunity to earn, lose, or transfer real money or equivalent assets through the platform.
2. No Warranties
As-Is and As-Available Basis: The Notbet platform, including all its features, functionalities, and services, is provided on an "as-is" and "as-available" basis. Notbet makes no warranties or representations, either express or implied, regarding the availability, functionality, security, or reliability of the platform. We do not guarantee that the platform will be free from errors, interruptions, or vulnerabilities, nor do we warrant that any defects in the platform will be corrected in a timely manner.
No Warranty of Accuracy: While Notbet makes reasonable efforts to ensure that the information and data provided on the platform (e.g., sports data, ML Predictive Analytics, virtual currency balances) are accurate and up-to-date, we do not guarantee the accuracy, completeness, or reliability of any information made available through the platform. Users acknowledge that they use the platform at their own risk and that Notbet is not responsible for any decisions or actions taken based on the information or data available on the platform.
No Financial or Legal Advice: Notbet is not a financial service provider, and we do not offer financial, investment, or legal advice. The activities conducted on the platform, including virtual sports trading, are for entertainment and educational purposes only. Users should not interpret any content, functionality, or features of the platform as financial advice or guidance on real-world investments. Any decisions you make while using the platform, including virtual trades, are entirely at your discretion and responsibility.
3. Limitation of Liability
General Limitation: To the fullest extent permitted by law, Notbet, its affiliates, partners, officers, directors, employees, and agents shall not be liable for any direct, indirect, incidental, consequential, special, or punitive damages arising out of or in connection with your use of the platform, whether the claim is based on contract, tort, strict liability, or any other legal theory, even if Notbet has been advised of the possibility of such damages. This includes, but is not limited to, damages for loss of profits, loss of data, loss of goodwill, business interruption, or any other intangible losses resulting from:
- Your use or inability to use the platform.
- Any changes, suspensions, or discontinuations of the platform or its services.
- Unauthorized access to or alteration of your account or data.
- Errors, bugs, interruptions, or delays in service.
- The conduct of third parties, including other users of the platform.
No Responsibility for Third-Party Services: Notbet may integrate or link to third-party services, websites, or applications for convenience or enhanced functionality. However, Notbet does not endorse, control, or take responsibility for any third-party services or content. Your use of third-party services is governed by their respective terms and policies, and you agree that Notbet is not liable for any issues or damages arising from your interactions with third-party services.
4. User Responsibility
Assumption of Risk: By using Notbet, you acknowledge that you are fully responsible for your actions and decisions on the platform. You understand that the use of virtual currency and participation in sports trading on Notbet carry no financial risk, as no real-money transactions take place. However, you are solely responsible for understanding the rules, features, and mechanics of the platform before participating in any activities.
Personal Use Only: Notbet is intended for personal, non-commercial use. Any unauthorized commercial use of the platform, including using the platform for advertising, soliciting business, or engaging in profit-seeking activities, is strictly prohibited. Notbet will not be liable for any losses or damages arising from unauthorized commercial use of the platform.
5. Indemnification
User Agreement to Indemnify: By using Notbet, you agree to indemnify, defend, and hold harmless Notbet, its affiliates, officers, directors, employees, and agents from and against any claims, damages, liabilities, losses, or expenses (including legal fees) arising out of or related to:
- Your violation of these Terms of Service.
- Your use of the platform in violation of any applicable laws or regulations.
- Any unauthorized use of your account by a third party.
You agree to cooperate fully with Notbet in the defense of any claim and acknowledge that Notbet reserves the right, at its own expense, to assume the exclusive defense and control of any matter subject to indemnification.
6. Changes to the Platform
Right to Modify: Notbet reserves the right to modify, update, suspend, or discontinue any aspect of the platform or its services at any time, without prior notice or liability. This includes, but is not limited to, introducing new features, removing existing functionalities, and implementing changes to the way virtual currency is used within the platform. We may also impose limits on certain features or restrict access to parts of the platform without liability for any losses or damages resulting from such actions.