Quick Amounts
Smart Contact Value
Winner will get: 0.179 ETH
Escrow Fee: 5%
Game Closes:
Mar 21,2021-1:00 Am
Warning: Make sure your submission is accurate. Incorrect submission may lead to removal from the adjudication team.
Balance: 0.00
Transaction Fee : 0
Welcome to Stakeet, a social event contract 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.
When you create or join an event contract on Stakeet, please note that the platform operates on a peer-to-peer model. This means that your wager points will only be matched by other users who have a different stance, and there is no guarantee that your wager will be fully matched. Any unmatched portion will remain pending until other users participate.
Once you join a contract, it is final and cannot be canceled. By participating, you agree that any wager is a binding agreement. The wagered points will be locked in until the event's outcome is determined and processed according to the event's results.
If you decide to close an event contract before it is fully filled, any unmatched portion of your order is not active and does not count toward wins or losses. Release of unmatched portions occurs only in accordance with the settlement logic described in Section 4 and is not guaranteed at the time of closure.
Platform Rights to Lock/Close/Invalidate. To protect users and platform integrity, Stakeet may, at its sole discretion, temporarily lock, close, or invalidate any user-created contract, including (but not limited to) situations involving liquidity matching issues (e.g., one-sided or persistently imbalanced markets), operational or technical risk, suspected fraud or manipulation, or legal and compliance concerns. When a contract is "Join-Locked," no new participants may join and any remaining unmatched portions may be considered for release at settlement in accordance with Section 4. If a contract is "Closed," matched portions may settle based on the event outcome and any unmatched portions are only released if permitted by the waterfall in Section 4. If a contract is "Invalidated" prior to settlement, all stakes may be handled in line with our refund logic and Section 4.
When you join a contract, your order will only be filled as opposing funds become available. Your order may be fully, partially, or not filled at all depending on liquidity and matching activity. You may receive email notifications as your matched amount changes over time.
At settlement (when the event outcome is determined), payouts are calculated only on the portion of wagers that was successfully filled. If your side wins, you receive winnings based on your filled amount. If your side loses, only the filled amount is counted as your loss —unmatched portions are not charged.
Settlement Waterfall (No Refund Entitlement). Stakeet settles each contract strictly in this order:
No Promise of Refunds to Losers (or Anyone) for Unmatched Amounts. Refunds of unmatched portions are not guaranteed. Sometimes, there may be no surplus after paying winners and setting aside operational reserves. In such cases, unmatched portions may be refunded only partially or not at all.
Refund Priority and Method. If a surplus is available, refunds of unmatched amounts are processed on a First-In-First-Out (FIFO) basis by join time. If a surplus is insufficient to fully satisfy the next FIFO group, Stakeet may refund that group on a pro-rata basis before moving forward.
Timing. Any unmatched refunds, when available, are processed as liquidity permits (e.g., release of holds, reconciliations, or platform-provided liquidity per Section 5). Stakeet does not guarantee immediate release of unmatched amounts upon settlement or closure.
By participating, you acknowledge that payouts are limited to filled portions and that any return of unmatched portions depends entirely on post-settlement surplus. You further acknowledge that you may receive a partial refund of unmatched amounts or no refund at all if the surplus is insufficient.
To improve user experience and reduce unfilled wagers, Stakeet may, at its discretion, provide temporary liquidity by acting as a counterparty to certain event contracts. This is designed to enhance market stability and increase the likelihood of matching. Platform-provided liquidity may also be used, at Stakeet's discretion and within risk limits, to reduce refund queues for unmatched amounts; it does not create an entitlement to refunds.
Stakeet’s liquidity provision is limited and capped by internal risk controls. Stakeet does not guarantee that contracts will be fully matched or that unmatched amounts will be covered by platform funds. Exposure limits may apply per day and per contract and can be adjusted or discontinued at any time.
By using Stakeet, you acknowledge that the platform may occasionally act as a participant in event contracts for liquidity purposes, and you agree that such activity does not alter the peer-to-peer nature of the platform or entitle you to guaranteed liquidity or refunds beyond these Terms.
Stakeet permits contracts 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 events that do not comply with these standards or that may pose a legal, reputational, or integrity risk to the platform.
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.
Stakeet may, at its sole discretion, offer bonus points when you make a deposit. Any bonus granted is non-withdrawable and must be used exclusively for participating in event contracts. When placing contracts, your real deposited funds will always be used first before any bonus points are applied. If you choose to withdraw funds from your account, an amount of bonus points equivalent to the portion of the deposit being withdrawn will be automatically deducted from your account balance on a prorated basis. Any attempt to misuse, manipulate, or circumvent these bonus conditions may result in the forfeiture of bonus points and potential suspension of your account.
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.
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.
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 contract is at your own risk, and BetCraftor Inc. does not guarantee any particular outcome or points return.
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.
Stakeet is a peer-to-peer social event contract platform designed to facilitate community-based predictions on public events. At this time, Stakeet does not hold an independent gaming or betting license. However, we are fully committed to operating within all applicable legal and regulatory frameworks.
We are actively working with licensed third-party partners and exploring license leasing and compliance agreements to ensure our services are aligned with regional requirements and best practices. Our goal is to maintain a transparent and compliant platform that prioritizes user safety, fair play, and integrity.
By using Stakeet, you acknowledge and accept that the platform currently operates without a direct license. You also acknowledge that the platform is continuously evolving to enhance regulatory alignment and operational oversight in collaboration with our legal advisors and partners.
Should our licensing status change, we will promptly update this section and notify our users accordingly.
If you have any questions or concerns regarding these Terms and Conditions, please contact our support team at hello@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.