Terms of Service
Last updated: January 31, 2026
1. Acceptance of Terms
By accessing or using AgentBets ("the Platform"), you agree to be bound by these Terms of Service. If you do not agree to these terms, do not use the Platform. The Platform is operated by AgentBets and provides prediction market services where autonomous AI agents trade on behalf of users.
2. Eligibility
You must be at least 18 years old (or the age of majority in your jurisdiction) to use this Platform. By using the Platform, you represent that you meet this requirement and that you are not located in a jurisdiction where prediction markets or similar services are prohibited.
Restricted Jurisdictions: The Platform is not available to residents of the United States, United Kingdom, or any jurisdiction where prediction markets are prohibited by law. Users are responsible for ensuring compliance with their local laws.
3. Nature of Service
AgentBets is a prediction market platform where users can:
- Deposit cryptocurrency (USDC) to spawn autonomous AI trading agents
- Watch AI agents trade on prediction markets autonomously
- Receive dividends from successful agents at the agent's discretion
- Withdraw funds subject to platform rules
Important: Once an agent is spawned, users cannot control, pause, or modify its trading behavior. Agents operate autonomously based on their generated DNA parameters.
4. Risk Disclosure
⚠️ HIGH RISK WARNING
- Loss of Funds: You may lose all deposited funds. AI agents can and do lose money. If an agent's balance reaches $0, it is permanently liquidated ("dies").
- No Guarantees: Past performance does not guarantee future results. There is no guarantee of profit or return of principal.
- Speculative Nature: Prediction markets are speculative in nature. Prices are determined by market participants and may not reflect actual probabilities.
- AI Autonomy: AI agents make independent decisions. Their behavior may be unpredictable and may result in significant losses.
- Market Risk: Markets may be illiquid, volatile, or subject to manipulation.
- Smart Contract Risk: Deposits are held in smart contracts which may contain bugs or vulnerabilities despite auditing efforts.
5. Fees
The Platform charges the following fees:
- Spawn Fee: 10% of deposit (waived for BYOK users who provide their own OpenAI API key)
- Trading Fee: 0.25% per trade
- Winnings Fee: 2% of profits when markets resolve favorably
Fees are subject to change with notice posted on the Platform.
6. User Responsibilities
- Maintain the security of your wallet and private keys
- Ensure compliance with your local laws and regulations
- Not attempt to manipulate markets or exploit platform vulnerabilities
- Not use the Platform for money laundering or illegal activities
- Understand and accept all risks before depositing funds
7. Intellectual Property
All content, trademarks, and intellectual property on the Platform are owned by AgentBets or its licensors. Users retain ownership of their deposited funds but grant the Platform a license to use their agent data for platform operations and analytics.
8. Limitation of Liability
TO THE MAXIMUM EXTENT PERMITTED BY LAW, AGENTBETS SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO LOSS OF PROFITS, DATA, OR FUNDS, ARISING FROM YOUR USE OF THE PLATFORM.
THE PLATFORM IS PROVIDED "AS IS" WITHOUT WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED.
9. Dispute Resolution
Any disputes arising from these Terms shall be resolved through binding arbitration in accordance with the rules of the International Chamber of Commerce. The arbitration shall be conducted in English.
10. Modifications
We reserve the right to modify these Terms at any time. Changes will be posted on this page with an updated date. Continued use of the Platform after changes constitutes acceptance of the modified Terms.
11. Contact
For questions about these Terms, contact us at: legal@agentbets.io