Legal

Terms of Use

These Terms of Use describe the conditions under which you may access and use the ParlayMarket website, documentation, and any associated experimental tools or interfaces (collectively, the “Service”).

Effective date: 2025-01-01 · Last updated: 2025-01-01

1. Overview and nature of the service

ParlayMarket is an experimental project focused on modeling, visualizing, and documenting a parlay engine and resolver stack on top of existing prediction markets. The Service may include:

  • Static or interactive web pages describing a conceptual parlay system.
  • Documentation, diagrams, and example data formats.
  • Prototypes, mock APIs, or simulation tools for educational or research use.

Unless explicitly and separately stated, the Service does not accept customer funds, execute real-money wagers, custody assets, or act as a broker, bookmaker, exchange, investment adviser, or gambling operator.

Experimental / pre-production status

The Service is provided on an experimental basis. Features may be incomplete, unstable, or changed without notice. Do not rely on any output of the Service as a sole basis for financial, investment, or wagering decisions.

2. Acceptance of terms

By accessing or using the Service, you agree to be bound by these Terms of Use. If you do not agree with these terms, you must not access or use the Service.

If you access the Service on behalf of an organization, you represent and warrant that you have authority to bind that organization to these terms, and “you” will refer to both you individually and that organization.

3. Eligibility

You may use the Service only if you:

  • Are at least 18 years of age (or the age of majority in your jurisdiction, if higher).
  • Have the legal capacity to enter into binding agreements.
  • Are not prohibited from using services of this nature under applicable laws, including but not limited to gambling, financial services, or sanctions laws.

If any part of the Service is later connected to real-money functionality, additional eligibility checks, jurisdictional restrictions, and onboarding requirements may apply and will supplement or replace portions of this section.

4. Permitted use

Subject to these Terms, you may use the Service solely for:

  • Understanding the conceptual design of a parlay engine and resolver.
  • Evaluating potential system behavior using example data, simulations, or mock APIs.
  • Non-commercial research, education, or prototyping.

You agree not to:

  • Use the Service to operate or advertise illegal or unlicensed gambling or financial services.
  • Bypass or interfere with any security or access control mechanism.
  • Reverse engineer the Service except as expressly permitted by applicable law.
  • Introduce malware, attempt unauthorized access, or disrupt the Service’s infrastructure.
  • Misrepresent simulations, hypothetical odds, or modeled outputs as real, live, or guaranteed outcomes.

5. No wagering, custody, or advisory role

Unless explicitly and separately implemented and disclosed, the Service:

  • Does not hold or process customer funds.
  • Does not match counterparties or operate an exchange order book.
  • Does not provide personalized investment, trading, or wagering advice.
  • Does not guarantee any outcome or level of performance of any strategy, model, or example.

Any references to “tickets”, “parlays”, “payouts”, “odds”, or similar terms are conceptual and may be purely simulated for demonstration purposes.

6. Intellectual property

Unless otherwise indicated, all content on the Service—including text, layout, design, code snippets, diagrams, and branding (collectively, “Content”)—is owned by or licensed to the operator of ParlayMarket and is protected by applicable intellectual property laws.

You may:

  • View and locally store copies of the Content for your own non-commercial use.
  • Quote small portions of the Content with appropriate attribution when conducting research, making commentary, or referencing the system design.

You may not, without prior written consent:

  • Reproduce, distribute, or publicly display substantial portions of the Content.
  • Use any trade names, logos, or visual identity in a way that suggests endorsement or affiliation.
  • Resell or sub-license access to the Service or Content as a paid product or hosted solution.

7. Third-party services and external venues

The Service may reference, integrate with, or display data from third-party platforms, such as prediction markets, exchanges, or data providers (“Third-Party Services”). These Third-Party Services are independent of ParlayMarket and are governed by their own terms, policies, and rules.

ParlayMarket does not control, endorse, or assume responsibility for:

  • The availability, accuracy, or behavior of any Third-Party Service.
  • Any changes, outages, or disputes that arise on those platforms.
  • Any costs, losses, or liabilities associated with your use of Third-Party Services.

If you follow links or interact with Third-Party Services, you do so solely at your own risk.

8. Disclaimers

The Service and all Content are provided “as is” and “as available” without any warranties of any kind, whether express, implied, or statutory. To the maximum extent permitted by law, ParlayMarket disclaims all warranties, including but not limited to:

  • Merchantability, fitness for a particular purpose, and non-infringement.
  • Accuracy, completeness, or reliability of any data, simulation, or modeled output.
  • Availability, uptime, or defect-free performance of the Service.

No information or Content on the Service constitutes legal, tax, investment, financial, or gambling advice. You are solely responsible for any decisions you make based on information obtained from or through the Service.

9. Limitation of liability

To the maximum extent permitted by law, in no event will ParlayMarket or its contributors, operators, or affiliates be liable for:

  • Any indirect, incidental, special, consequential, or punitive damages.
  • Any loss of profits, revenue, data, goodwill, or other intangible losses, whether based on contract, tort, or other legal theory.

In all cases, the total aggregate liability of ParlayMarket for any claim arising out of or relating to the Service will be limited to the greater of: (a) the amount you paid (if any) to use the Service in the twelve (12) months preceding the event giving rise to liability, or (b) USD $100.

10. Indemnification

You agree to defend, indemnify, and hold harmless ParlayMarket and its contributors, operators, and affiliates from and against any claims, liabilities, damages, losses, and expenses (including reasonable attorneys’ fees) arising out of or in connection with:

  • Your use of or access to the Service or Content.
  • Your violation of these Terms of Use.
  • Your violation of any applicable law or regulation.
  • Your interaction with or reliance on any Third-Party Service in connection with the Service.

11. Changes to the service and terms

ParlayMarket may modify, suspend, or discontinue any part of the Service at any time, with or without notice.

These Terms of Use may also be updated from time to time. The “Last updated” date at the top of this page reflects the most recent changes. Your continued use of the Service after any modifications constitutes your acceptance of the updated terms.

12. Termination

ParlayMarket may terminate or restrict your access to the Service at any time, with or without cause or notice, including if it believes you have violated these Terms of Use or applicable law.

Upon termination, your right to access or use the Service will immediately cease. Sections that by their nature should survive termination (including intellectual property, disclaimers, limitations of liability, and indemnification) will continue in effect.

13. Governing law and dispute resolution

These Terms of Use are governed by and construed in accordance with the laws of the State of Ohio, United States of America, without regard to its conflict of law principles.

Any dispute arising out of or relating to these Terms or the Service will be brought exclusively in the state or federal courts located in Franklin County, Ohio, and you consent to the personal jurisdiction of such courts.

14. Severability and entire agreement

If any provision of these Terms is held to be invalid or unenforceable, the remaining provisions will remain in full force and effect.

These Terms of Use constitute the entire agreement between you and ParlayMarket regarding the Service and supersede any prior or contemporaneous agreements or understandings, whether written or oral.

15. Contact

If you have questions about these Terms of Use, you can contact the operator of ParlayMarket using the contact details provided on the main website or associated project repository.