Terms Conditions

Terms and Conditions

Welcome to Stakeet, a social betting platform operated by BetCraftor Inc. By registering an account and using our services, you agree to the following terms and conditions. Please read these terms carefully as they govern your use of the platform.

1. Wagering and Bet Creation

When you create or join a bet on Stakeet, please note that the platform operates on a peer-to-peer model. This means that your wager amount will only be matched by other users who bet against you, and there is no guarantee that your wager will be fully matched. Any unmatched portion will remain pending until other users participate.

2. Finality of Joined Bets

Once you join a bet, it is final and cannot be canceled. By participating, you agree that any wager is a binding agreement. The wagered amount will be locked in until the event's outcome is determined and processed according to the bet's results.

3. Bet Closure and Refunds

If you decide to close a bet before it is fully filled, only the unfilled portion of your wager will be refunded. The filled portion of the wager remains locked and is subject to the outcome of the bet; this portion is non-refundable under any circumstances, regardless of the outcome.

4. Acceptable Events

Stakeet permits bets only on public events with clear, objective, and verified outcomes. It is the responsibility of the user to ensure that events meet these criteria. BetCraftor Inc. reserves the right to review, modify, or remove any bets that do not comply with these standards or that may pose a legal, reputational, or integrity risk to the platform.

5. Account Responsibility

As a registered user, you are responsible for maintaining the confidentiality of your account information and for all activities that occur under your account. BetCraftor Inc. is not liable for any losses or damages resulting from unauthorized use of your account. Please notify our support team immediately if you suspect any unauthorized access to your account.

6. Compliance and User Conduct

You agree to use Stakeet in compliance with all applicable laws and regulations. Any attempt to manipulate or interfere with the platform's operations, including but not limited to fraudulent behavior or misuse of platform features, may result in suspension or termination of your account.

7. Intellectual Property

All content, trademarks, and intellectual property associated with Stakeet and BetCraftor Inc. are the property of BetCraftor Inc. or its licensors. You agree not to copy, distribute, or use any of our intellectual property without our explicit permission.

8. Limitation of Liability

BetCraftor Inc. shall not be liable for any indirect, incidental, or consequential damages arising out of your use of the platform. Your participation in any bet is at your own risk, and BetCraftor Inc. does not guarantee any particular outcome or financial return.

9. Changes to Terms

BetCraftor Inc. reserves the right to modify these Terms and Conditions at any time. We will notify you of significant changes by posting the updated Terms on our platform. Your continued use of Stakeet signifies acceptance of the revised terms.

10. Contact Us

If you have any questions or concerns regarding these Terms and Conditions, please contact our support team at info@stakeet.com.

By using Stakeet, you acknowledge that you have read, understood, and agreed to these terms and conditions. If you have any questions or concerns, please contact our support team before proceeding.