Legal
Terms and Conditions
Last updated · 3 July 2026
Important notice. OddsOn is a simulated prediction program operated by Axi Technologies (US) LLC. All trading takes place in a simulated environment using virtual funds.
1. Introduction
These Terms and Conditions ("Terms") govern your access to and use of the OddsOn trading evaluation program and platform ("OddsOn" or the "Platform") operated by Axi Technologies (US) LLC, a limited liability company incorporated in the State of Wyoming, United States ("Axi Technologies", "we", "us", or "our").
By registering for an account or using the Platform, you confirm that you have read, understood, and agree to be bound by these Terms. If you do not agree, you must not use the Platform.
2. What is OddsOn
OddsOn is a skill-assessment program for prediction and forecasting. It provides educational materials, trading and analytical tools, and a simulated environment in which you can trade prediction market contracts ("Contracts") using virtual funds, against transparent objectives and rules.
Simulated only. All trading on the Platform is simulated. You trade with fictitious capital in a demo environment. No real orders are placed on any exchange, no real money is at stake on your trades, and you do not own or acquire any real Contract, position, or asset. Any profit or loss shown in your account is simulated.
OddsOn is not a brokerage service, an exchange, or an investment service. We do not execute real trades for you, we do not hold money or assets on your behalf for trading, and nothing on the Platform is investment advice or a recommendation.
Not gambling or a sportsbook. OddsOn is a skill-assessment program for prediction and forecasting. No real money is wagered on any fixture, event, or outcome, with any sportsbook, exchange, bookmaker, or counterparty, at any stage of the program. OddsOn is not a sportsbook, a broker, or a licensed gambling operator, and the fee you pay is not a stake, deposit, or wager.
You acknowledge that we and members of our group may use information about activity on the Platform for our own purposes, including managing our own risk, and that any positions we take in any real market are taken by us, in our own name, for our own account and risk. They are not taken on your behalf, give you no interest in or entitlement to them or their proceeds, and do not change the simulated nature of your trading. The amount of any reward you may earn does not depend in any way on whether or how we use this information or manage our risk.
3. Eligibility
To use the Platform you must:
- be at least 18 years of age;
- be a legal resident of the United States in a jurisdiction where use of the Platform is lawful;
- not be resident in a restricted jurisdiction for the relevant Contract type, as set out in clause 4;
- complete our third party market operator's onboarding process and accept their standard terms and conditions, which will apply to your simulated account; and
- complete our registration and verification process;
- not be a person to whom we are prohibited from providing services under applicable law, including sanctions and anti-money laundering laws.
The Platform is available to both retail and institutional participants. We may refuse or withdraw access from any person who does not meet these requirements or who we reasonably consider poses a regulatory, compliance, or reputational risk.
4. Geographic Restrictions
The Platform is available in most US states. The following restrictions apply in line with applicable law:
- Arizona – the Platform is not available to Arizona residents for any event contracts (sports or non-sports).
- Illinois, Maryland, Massachusetts, Michigan, Nevada, New Jersey, and Ohio – the Platform is not available to residents of these states for sports event contracts.
By registering you confirm you are not resident in a restricted jurisdiction for the Contract type you wish to access, and you must notify us and stop accessing restricted Contract types if your residence changes. We may update this list at any time to reflect applicable law.
5. Registration and Account Security
To use the Platform you must create an account and agree to provide accurate, current, and complete information and keep it up to date; keep your login credentials secure and not share them; and notify us immediately at support@oddson.co if you suspect unauthorised access. You are responsible for all activity under your account. We are not responsible for losses resulting from unauthorised access where you have failed to keep your credentials secure.
6. Fees and Payments
Nature of fees. You pay a subscription fee to access the OddsOn program. This is a fee for a service – access to the simulated trading program, the evaluation, and the related tools and materials. It is not a deposit, it is not margin, it is not client money, and it is not held on your behalf. It does not represent and is not used to fund any real trading position. Once paid, the fee becomes our property, subject to any refund expressly required by law.
Fees, payment terms, and any applicable charges are set out at the point of purchase. All fees are non-refundable unless otherwise required by applicable law. We may change our fees on reasonable prior notice; continued use after a change takes effect constitutes acceptance.
7. The Evaluation and Funded Trader Program
OddsOn operates in stages: two evaluation stages (referred to in these Terms as the "First Evaluation Stage" and the "Second Evaluation Stage"), followed by a funded trader stage for those who pass both. The names, parameters, and pass criteria for each stage are set out in the program rules.
Meaning of program terms. Throughout the Platform and these Terms, words such as "funded", "funded account", "real capital", "profit", "profit split", and "payout" describe features of the rewards program paid by us from our own company funds, calculated against your simulated prediction profit and loss. They do not mean that any real money is traded or wagered on your behalf, that you hold any real capital, or that any real position is taken for you. They are used for convenience to describe a simulated program and the contractual rewards payable under it.
Evaluation. After purchasing access, you trade in the simulated environment and are assessed across the First Evaluation Stage and then the Second Evaluation Stage against the objectives and rules made available to you. You must satisfy the criteria for the First Evaluation Stage before progressing to the Second Evaluation Stage, and must satisfy both before becoming eligible for a funded trader account. The objectives, targets, and risk parameters that apply to each stage are set out in the program rules. We may decline to pass or progress an account that has not complied with those rules.
Funded trader stage. If you meet the objectives, you may be offered access to a funded trader account. This account continues to use simulated capital. As a funded trader you may become eligible to earn a reward calculated as a share of the simulated profits generated on your funded account, subject to the program rules and the payout terms in force at the time.
Rewards. Any reward is a contractual payment from us to you for meeting the program objectives. It is not a withdrawal of trading profits (there are none, as trading is simulated) and it is not a return on an investment. Rewards, eligibility, profit-share percentages, payout frequency, and any caps are set out in the program rules, which form part of these Terms and which we may update from time to time.
Discretion. Participation in the funded trader program is not guaranteed. We may amend, suspend, or withdraw the program, and may decline, reset, or close an account, in accordance with the program rules. Nothing in these Terms obliges us to provide a funded account or to pay any reward where the program rules are not met.
The Settlement Rules governing how market outcomes are applied to your simulated account are set out in Schedule 1 to these Terms.
8. Simulated Nature – Acknowledgements
By using the Platform you represent, acknowledge, and agree that:
- We do not provide an investment service, a regulated financial service, or investment advice; we do not receive or execute any trading instruction from you in any real market, we do not trade on your behalf, and we do not receive, hold, or manage any money or assets for you for the purpose of trading;
- all trading is simulated and uses virtual funds, and you have no ownership of or entitlement to any real funds, assets, or Contracts as a result of your trading;
- the virtual funds and any simulated capital made available to you are not real, have no monetary value, remain our property at all times, and cannot be withdrawn, transferred, or used for any actual trading;
- any figures shown as balances, profits, or losses are simulated and do not represent real money;
- market data may be used to make the simulation realistic, but the execution of your trades is simulated and does not take place on any real market; and
- any reward you may earn is paid under clause 7 and the program rules, and does not arise from any real trading gain.
- your performance on the Platform is not indicative of how you would perform trading on real markets, and past simulated performance is neither a guarantee nor an indication of future performance.
9. Acceptable Use and Prohibited Practices
When using the Platform you must not:
- breach any applicable law or regulation;
- use the Platform for any fraudulent, manipulative, deceptive, or abusive purpose;
- create more than one account, or coordinate trading across connected accounts, to gain an advantage or circumvent the program rules. Without limiting this, you must not: (i) copy, mirror, or replicate the positions of another participant, or allow your own positions to be copied, mirrored, or replicated, whether manually or using automated tools, signal services, or third-party strategies; (ii) participate in group, coordinated, or pooled trading, or any arrangement designed to bypass the requirement that the program assess your own individual skill; (iii) hold opposing positions on the same or related outcomes across multiple accounts, whether your own or another participant's, or otherwise coordinate opposing positions to guarantee a result regardless of the outcome; or (iv) use connected, linked, or jointly controlled accounts, whether with us or with any other prop or simulation provider, to circumvent these Terms or the program rules. Hedging or holding opposing positions within a single account that you alone control is not prohibited by this clause, but remains subject to the rest of these Terms and the program rules;
- use bots, scripts, automated tools, artificial intelligence, ultra-high-speed tools, mass data entry, or latency or feed arbitrage to exploit the simulated environment;
- exploit errors, gaps, or technical vulnerabilities in the Platform, its pricing, or its data feed;
- use trading approaches whose purpose is to exploit the simulation rather than to demonstrate genuine, replicable trading skill;
- attempt to gain unauthorised access to our systems or another user's account;
- open, close, or adjust a position where you know, or ought reasonably to know, that the relevant event or outcome has already occurred or been determined, or where you are seeking to take advantage of a delay between a real-world event and the updating of the simulated price; or
- engage in gambling-style conduct, including committing all or a disproportionate share of your simulated account to a single position or outcome, or repeatedly taking positions on binary or short-duration outcomes in a manner designed to rely on chance rather than analysis.
If we reasonably believe you have breached these rules, we may remove affected simulated trades, restrict or close your account, disqualify you from the evaluation or funded program, withhold or forfeit any reward, and terminate these Terms. We may report suspected fraudulent or unlawful activity to the relevant authorities.
10. Intellectual Property
All content on the Platform – including the OddsOn name and branding, text, graphics, logos, software, data, and interface design – is owned by or licensed to Axi Technologies and protected by applicable intellectual property laws. You may not copy, reproduce, distribute, modify, or create derivative works from any Platform content without our prior written permission. These Terms grant you only a limited right to access and use the Platform in accordance with them.
11. Third Party Services
The Platform relies on services provided by third parties, including technology, identity verification, payment, and market data providers, and the trading, pricing, and execution provided by our market operator on simulated accounts. We are not responsible for the acts, omissions, or failures of any third party, including any interruption or unavailability of third party data or infrastructure. The Platform may contain links to third party websites, for which we are not responsible.
12. Limitation of Liability
To the fullest extent permitted by applicable law, Axi Technologies will not be liable for:
- any loss arising from your use of the simulated Platform, including any simulated loss;
- any indirect, consequential, special, punitive, or incidental loss;
- any loss arising from platform downtime, system failures, data errors, or the acts or omissions of third parties; or
- any loss arising from the amendment, suspension, or withdrawal of the program or any account, or any decision not to pay a reward where the program rules are not met.
Where our liability cannot be excluded by law, our total liability for any claim will not exceed the fees you paid us in the three months immediately preceding the event giving rise to the claim. Nothing in these Terms limits liability for fraud, fraudulent misrepresentation, or any other liability that cannot be excluded under applicable law.
13. Privacy and Data
We collect and process your personal information in accordance with our Privacy Notice. By using the Platform you agree to that processing. Where we use a third party to provide identity verification or other services, your information may be shared with that party for that purpose, as described in the Privacy Notice.
14. Termination and Suspension
We may suspend or terminate your access at any time, with or without notice, if you breach these Terms or the program rules; we are required to do so by a regulator, law enforcement body, or court; your account is found to be ineligible, fraudulent, or in breach of our acceptable use rules; or we decide to discontinue the Platform or the program. You may close your account at any time by contacting support@oddson.co. Termination does not affect rights or obligations that arose beforehand, including any reward already validly earned under the program rules.
15. Changes to These Terms
We may update these Terms and the program rules from time to time. We will update the date at the top of the page, and where changes are material we will notify you by email or through the Platform at least 14 days before they take effect. Continued use after updated Terms take effect constitutes acceptance. If you do not agree, you must stop using the Platform and close your account.
16. Governing Law and Dispute Resolution
These Terms are governed by the laws of the State of Wyoming, United States, without regard to its conflict of law provisions. Any dispute should first be referred to us at support@oddson.co. If it cannot be resolved informally, it shall be subject to the exclusive jurisdiction of the courts of Wyoming, unless otherwise required by applicable federal or state law. Nothing in this clause prevents either party from seeking urgent injunctive or equitable relief.
17. General
- Entire agreement. These Terms, the program rules, and our Privacy Notice constitute the entire agreement between you and Axi Technologies regarding the Platform.
- Severability. If any provision is found invalid or unenforceable, the remaining provisions continue in full force.
- No waiver. Our failure to enforce any provision is not a waiver of our right to enforce it later.
- Assignment. We may assign our rights and obligations to any member of the Axi group or a successor entity without your consent. You may not assign yours without our prior written consent.
- Notices. Notices to us should be sent to support@oddson.co or by post to 30 N Gould Street, #64730, Sheridan, Wyoming 82801.
18. Contact Us
If you have questions about these Terms, please contact us at:
Axi Technologies (US) LLC, trading as OddsOn
- Post: 30 N Gould Street, #64730, Sheridan, Wyoming 82801
- Email: support@oddson.co
Schedule 1 — Settlement Rules
The following Settlement Rules govern how the outcome of a sports prediction Market is determined and how that outcome is applied to your simulated Challenge or Funded Account. Capitalised terms used in this Schedule have the meanings given in clause 1 below or, where not defined here, in the Terms above.
1. Definitions
- Account Settlement — The corresponding update to a trader's simulated Balance, Reserved and Available fields once Market Settlement has occurred.
- Call — A simulated position placed by a trader on an available market within their challenge or funded account.
- Challenge Failure — The immediate and permanent termination of a Challenge or Funded Account that occurs when a Settlement causes either the daily loss limit or the maximum drawdown limit to be breached. Upon a Challenge Failure, all remaining open Calls are voided, reserved stakes are returned, and the account is locked. A Challenge Failure cannot be reversed except in the limited circumstances set out in clause 9.
- Close Position — A trader-initiated action to exit an open Call before the underlying event concludes, at the then-available in-play price.
- Market — A sports prediction market made available on the OddsON platform, priced and settled by reference to the outcome of an underlying real-world sporting event.
- Market Settlement — The determination of the official outcome of the underlying real-world event, made by the market operator responsible for that market.
- Realised P&L — The profit or loss recorded against a Call once it has settled. Unsettled (open) Calls do not contribute to Realised P&L.
- Settlement — The point at which a Call's outcome is finalised and its result is applied to the trader's simulated account.
- Void Market — A Market cancelled, postponed beyond its scheduled settlement window, or declared void by the market operator, such that no outcome is determined.
2. Determination of Market Outcome
When a market settles, your simulated balance is updated to reflect the outcome. You do not gain or lose any real money — all movements are within your simulated account only.
Each Market settles by reference to the official, publicly verifiable result of the underlying sporting event, as determined and published by the market operator (or the operator's designated source agency for that event).
- OddsON does not adjudicate disputed sporting outcomes and does not maintain an independent scoring or results desk.
- Where a Market's settlement source is delayed in publishing an official result, the Market will remain open (unsettled) until that result is confirmed.
- Any dispute regarding the correctness of an underlying sporting result must be raised with the market operator through the applicable channel; OddsON will reflect any correction made by the market operator once issued.
3. Account Settlement — Applying Outcomes to Simulated Balances
Once a Market has settled, each open Call referencing that Market is settled in turn, and the trader's simulated account is updated as follows:
- Balance moves only on Settlement. Balance is never adjusted at the point a Call is placed.
- Reserved reflects the stake committed to a Call while it remains open, and is released back to Available upon Settlement or Close Position.
- Realised P&L for a settled Call is calculated based on the stake placed and the settlement price or outcome of the Market, in accordance with the pricing methodology set out in the Trading Rules for the applicable Challenge tier.
- A winning Call credits Balance with the stake plus profit; a losing Call debits Balance by the stake amount (or the applicable proportion, where the Market resolves other than as a simple binary outcome).
4. Timing of Settlement
Most Markets settle within a short period after the underlying event concludes and the official result is confirmed, consistent with the settlement timeline published for that Market. Settlement times may vary depending on the sport, competition, and the market operator's confirmation process; where delays occur (for example, awaiting official statistics or a source agency confirmation), the Market remains open until settlement is confirmed.
- A Call placed before midnight (US Eastern Time) that settles after midnight is counted against the trading day on which it settles, not the day it was placed, for the purposes of daily loss limit calculations.
- Daily loss limit recalculation occurs at midnight based on settled Balance at that moment; open Calls are excluded from this snapshot.
5. Multiple Calls on the Same Event
Where a trader holds more than one open Call referencing the same underlying event, each Call settles independently based on its own terms (market, side, stake, and price). Where multiple Calls on the same event settle simultaneously, their settlements are aggregated before any resulting drawdown or daily loss limit breach is evaluated, so that the combined effect of same-event exposure is assessed as a single movement in Balance.
6. Void, Postponed, or Cancelled Markets
OddsON will notify affected traders of a voided Market as soon as reasonably practicable following notification from the market operator.
If a Market is voided, cancelled, or the underlying event is postponed beyond the Market's scheduled settlement window such that the market operator declares the Market void:
- The full stake associated with any open Call on that Market is returned to the trader's Available balance.
- No profit or loss is recorded against a voided Call.
- A voided Call has no effect on daily loss limit or maximum drawdown calculations.
- Voided Calls do not count toward the minimum call requirements for the applicable Challenge stage unless otherwise stated in the Trading Rules.
7. In-Play Settlement and Close Position
Certain Markets may settle in-play, prior to the natural conclusion of the underlying event, where the outcome becomes mathematically certain or the market operator otherwise confirms the result early. Where this occurs, the affected Call settles immediately and triggers the same Balance update and drawdown/daily loss breach checks as a standard Settlement.
A trader may also choose to exit an open Call before the underlying event concludes using the Close Position function. A closed position is treated identically to a Settlement for the purposes of Balance movement, Reserved release, and drawdown/daily loss limit evaluation, using the in-play price available at the time the Close Position instruction is executed.
8. Breach of Daily Loss Limit or Maximum Drawdown at Settlement
Important: A breach of either the daily loss limit or the maximum drawdown limit results in the immediate and permanent failure of your Challenge or Funded Account. This cannot be reversed except in the limited circumstances described in clause 9 below.
Both the daily loss limit and the maximum drawdown limit are evaluated on Settlement (including Settlement arising from Close Position or in-play resolution). Where a Settlement causes either limit to be breached:
- The breach is terminal — the Challenge or Funded Account fails immediately upon the Settlement that causes the breach.
- All other open Calls on the account are voided and their reserved stakes returned.
- The account is locked, and the reason for failure is recorded as a structured field on the account record.
OddsON will notify the trader of the account failure and the reason for it as soon as reasonably practicable following the relevant Settlement.
9. Corrections and Disputes
Where the market operator issues a correction to a previously settled outcome (for example, following an official scoring correction or a result overturned on review), OddsON will apply the corrected outcome to the affected account(s) as soon as reasonably practicable. Where a correction would reverse a Challenge Failure or Funded Account breach that has already been actioned, OddsON will assess the matter on its individual facts and notify the affected trader of the outcome as soon as reasonably practicable.
Traders may raise a query about a specific Settlement through OddsON support at support@oddson.co. OddsON will investigate by reference to the relevant Market's official settlement record but does not independently re-adjudicate sporting outcomes. OddsON will respond to all settlement queries as soon as reasonably practicable.
OddsOn is a simulated prediction program operated by Axi Technologies (US) LLC. All trading is simulated and uses virtual funds. Fees are paid for access to the program and are non-refundable except as required by law. Nothing on the Platform constitutes investment advice or a real trading service.

