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Terms of Service

Last Updated: May 19, 2025

1. Acceptance of Terms

Welcome to TheArena.Bet. By accessing or using our platform, you agree to be bound by these Terms of Service ("Terms"). If you do not agree to these Terms, please do not use our services.

2. Eligibility

You must be at least 18 years old and legally able to participate in betting activities in your jurisdiction to use TheArena.Bet. By using our platform, you represent and warrant that you meet these eligibility requirements.

3. Account Registration

To access certain features of TheArena.Bet, you will need to connect a Web3 wallet. You are responsible for maintaining the security of your wallet and all activities that occur through your account.

4. Platform Rules

4.1. TheArena.Bet is a peer-to-peer betting platform that facilitates wagers between users. We do not participate as a counterparty in any bets.

4.2. All bets are executed through smart contracts on the Avalanche blockchain. Once a bet is matched and confirmed on the blockchain, it cannot be canceled or modified.

4.3. Users are responsible for understanding the terms of any bet they create or accept.

5. Fees and Payments

5.1. TheArena.Bet charges a small platform fee on each successful bet. Current fee structures are displayed on the platform.

5.2. All transactions are conducted in cryptocurrency. You are responsible for any gas fees or transaction costs associated with using the Avalanche blockchain.

6. $ABET Token

6.1. The $ABET token is the native utility token of TheArena.Bet.

6.2. Token holders may receive certain benefits, including reduced platform fees and revenue sharing for stakers.

6.3. Token ownership does not constitute ownership in TheArena.Bet or its parent company.

7. Prohibited Activities

Users are prohibited from:

  • Engaging in any illegal activities through our platform
  • Attempting to manipulate bet outcomes
  • Using the platform to launder money or finance terrorism
  • Exploiting any vulnerabilities in our smart contracts or platform
  • Harassing other users or engaging in abusive behavior

8. Intellectual Property

All content on TheArena.Bet, including but not limited to text, graphics, logos, and software, is the property of TheArena.Bet or its licensors and is protected by intellectual property laws.

9. Limitation of Liability

9.1. TheArena.Bet provides its platform on an "as is" and "as available" basis. We make no warranties, expressed or implied, regarding the reliability, accuracy, or availability of the platform.

9.2. In no event shall TheArena.Bet be liable for any indirect, incidental, special, consequential, or punitive damages arising out of or relating to your use of our platform.

10. Risk Disclosure

10.1. Betting involves financial risk. Never bet more than you can afford to lose.

10.2. Cryptocurrency values can be volatile. Users should be aware of the risks associated with cryptocurrency transactions.

11. Governing Law

These Terms shall be governed by and construed in accordance with the laws of the jurisdiction in which TheArena.Bet is registered, without regard to its conflict of law provisions.

12. Changes to Terms

TheArena.Bet reserves the right to modify these Terms at any time. We will provide notice of significant changes by posting the updated Terms on our platform. Your continued use of TheArena.Bet after such changes constitutes your acceptance of the new Terms.

13. Contact Information

If you have any questions about these Terms, please contact us at our contact page.

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