Terms of Service

Welcome to CheckmateWager — a 100% skill-based chess competition. All match outcomes are determined by strategy and player ability. No gambling or chance-based systems exist on this platform.

1️⃣ Eligibility

You must be at least 18 years old to play, deposit coins, or withdraw winnings. By using CheckmateWager, you confirm that participation in online skill-based competitions is legal in your jurisdiction.

2️⃣ Platform Purpose

CheckmateWager allows players to enter chess matches and tournaments using digital coins. Coins may be purchased, won, and withdrawn once verification is complete. Coins are **not** real-world currency while inside the platform.

3️⃣ Coins & Fees

Coins act as competition entry tokens. A 10% house rake may be applied to tournament prize pools when Late Registration expires.

4️⃣ Custody of Player Funds

Purchased coins and winnings are securely stored using NOWPayments crypto custody services. Fraud checks and blockchain confirmations may delay withdrawals.

5️⃣ Cheating & Fair Play

Use of chess engines, bots, coaching, or any outside assistance is strictly prohibited during online play. We may suspend or permanently ban accounts that violate fair play or attempt fraud.

6️⃣ Deposits & Withdrawals

All transactions are handled by third-party payment providers (e.g., NOWPayments). CheckmateWager does not store credit card information or private wallet keys.

7️⃣ Refund Policy

All coin purchases are final. Refunds will not be issued for:
• Used or unused coins
• Lost matches
• Tournament entry fees

8️⃣ Disconnections

Failure to complete a match due to network issues or device problems may result in a recorded loss. Players are responsible for maintaining a stable connection.

9️⃣ Limitation of Liability

You use CheckmateWager at your own risk. We are not responsible for financial loss, delays, technical failures, gameplay errors, or damages of any kind.

🔟 Account Suspension

We may suspend or terminate accounts that violate rules, abuse systems, or disrupt gameplay integrity. Coins may be confiscated in cases of confirmed fraud.

📞 Contact Us

Questions or concerns? We're here to help! Email: support@checkmatewager.com


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