Official Contest Rules

These rules govern every tournament on PreMartX. Tournament-specific parameters (entry fee, the fixed prize schedule, entrant cap, market universe, schedule) are shown on each lobby and form part of these rules for that tournament.

Free-to-play first. PreMartX is launching free-to-play. Paid entry is not currently enabled and will open only after licensed-counsel sign-off; live real-market execution of funds is likewise disabled. Where these rules describe paid contests, prizes, deposits, or withdrawals, they govern those features once enabled.

1. Nature of the contest

Each tournament is a contest of skill. Entrants receive identical simulated balances of Arena Credits and trade YES/NO contracts against real-time mirrored prediction-market prices. Outcomes are determined by entrants' relative trading decisions over the contest window, not by any single random event. No entrant plays against the house, and the platform holds no trading position in any contest.

Simulated-trading disclosure: Arena Credits are simulated, have no monetary value, and cannot be purchased, transferred, or redeemed. No real-money order is placed on any market on your behalf. Deposits buy tournament entries only; prizes are the fixed, pre-announced amounts funded into escrow before entries open (Section 6).

2. Eligibility

• Entrants must be 18 years of age or older at the time of entry.
• One account per person. Entering, or attempting to enter, through more than one account — directly or through another person — is grounds for disqualification of all associated entries.
• Restricted states (paid contests). Paid tournaments are not open to persons located in or residents of:

This list is conservative and pending counsel confirmation; it may be updated. Free tournaments are open in all states. Circumventing location checks (including by VPN) is a disqualifying offense.

• Paid entry and withdrawals require completed identity verification (KYC).
• Platform employees, contractors, and members of their households are ineligible for paid contests.

3. Entries and fees

• Entries are accepted only while a tournament lobby is open and below its entrant cap.
• For a paid tournament, the full advertised prize schedule is funded into a segregated prize-escrow ledger account before entries open. Your entry fee is paid to the platform for the right to compete; it is not pooled with other entrants' fees to fund the prizes.
• An entry may be played manually or assigned to a bot; the bot's configuration is frozen at entry.
• Entry fees are refundable only if the tournament is cancelled (see Section 9).

4. Play

• Every entry starts with the identical Arena Credit balance stated on the lobby.
• Simulated orders fill against timestamped snapshots of real order books, including depth-based slippage. Order-price snapshots are taken before fill computation so no entrant can trade on future prices.
• Trading is available only between the tournament start and end times, on the tournament's market universe.
• Feed interruptions affecting all entrants equally do not void a contest; see Section 9 for material failures.

5. Scoring and ranking

Your final standing is determined by a concentration-adjusted equity score, not by raw equity. We disclose this here plainly so it is never a surprise.

• True equity (shown to you): unspent Arena Credits plus the mark-to-market value of open positions at the end time, marked at the mid price of the latest snapshot. This is your real stack and is always displayed.
• Ranking score (concentration-adjusted): to reward genuine skill over single-market variance, no one market's winnings may count for more than 50% of your combined winnings across all markets when computing your ranking score. If a single market's profit exceeds that cap, the excess is trimmed for ranking purposes only. Losing markets always count in full. Because trimming can only lower a score, concentrating your book can never improve your rank — it can only cost you; a well-diversified book is unaffected.
• Entries are ranked by concentration-adjusted score, highest first. Your true equity is still shown and serves as the first tiebreaker.
• Ties: if two or more entries have the same ranking score, the higher true equity ranks first; if still tied, the entry that used fewer orders; if still tied, the earlier entry. Each rank receives its own fixed prize (tied ranks are not merged).
• Disqualified entries are removed from the ranking and forfeit any prize.

6. Prizes and payment

• Fixed, pre-announced prizes. Each paid tournament's prizes are a fixed schedule of dollar amounts by finishing position, published on the lobby before entry and funded into escrow before entries open. Prizes are not a percentage of a variable pool and do not rise or fall with the number of entrants.
• The platform retains all entry fees — whether or not they exceed the advertised prizes — and funds any shortfall between fees collected and prizes owed out of its own pocket. Your prize depends only on where you finish, never on how many people entered.
• Prizes are credited to winners' wallets in USD at settlement, normally within 24 hours of the end time.
• Withdrawals: $20.00 minimum, subject to review and approval (identity, fraud, and sanctions checks) before funds are sent.
• Tax: US entrants with $600.00+ in cumulative prizes in a calendar year must submit a completed IRS Form W-9 before payment and will receive a Form 1099. Prizes may be withheld until tax documentation is complete.

7. Integrity and anti-collusion

PreMartX is a contest of individual skill. The following are prohibited, are actively monitored, and are grounds for disqualification and forfeiture of prizes:

• One account per person. Each entrant may hold and play a single account. Creating, controlling, or playing through more than one account — yourself or through anyone acting on your behalf — is banned.
• No coordinated or shared entries. Coordinated entries, syndicates, staking rings, and prize-sharing or profit-splitting arrangements among multiple accounts are prohibited. You may not enter the same tournament from more than one account you own, control, fund, or coordinate with.
• No outcome partitioning. Deliberately dividing a set of mutually-exclusive outcomes across multiple accounts — so that one of them is guaranteed a placing regardless of how events resolve — is banned, whether or not those accounts openly coordinate.
• Soft play, chip dumping, or deliberate loss-shifting to move another entry up the leaderboard.
• Exploiting software defects, stale feeds, or pricing errors instead of reporting them.
• Automated play outside the sanctioned bot pipeline, and scraping or reverse-engineering the fill engine.

We may withhold any prize pending review and disqualify any entry on reasonable evidence of coordination or other integrity violations. To detect coordination we may compare device, network, payment, timing, and trading signals across accounts. Where we find coordinated accounts, every associated entry may be disqualified and its prizes forfeited.

8. Disqualification (DQ) policy

• We may disqualify any entry for violation of these rules, with the reason recorded on the entry.
• A disqualified entry forfeits any prize and is removed from the standings; the remaining entries are re-ranked into the same fixed prize schedule. The platform retains a disqualified entry's fee.
• Serious or repeated violations may result in account suspension and forfeiture of pending contest winnings under the Terms.
• DQ decisions may be appealed through the dispute process in Section 10.

9. Cancellation, errors, and refunds

• If a tournament is cancelled before settlement, all entry fees are refunded in full.
• If a material platform failure (e.g., a prolonged feed outage or fill-engine defect) compromises contest fairness, we may pause, extend, void, or settle the tournament at the last fair state, and will record the decision publicly.
• Obvious clerical errors in lobby parameters may be corrected before start; entrants are notified and may withdraw for a full refund.

10. Disputes

Settlement results may be disputed within 72 hours of a tournament being marked settled. Submit disputes through support with your entry ID and the specific order or scoring issue. We will review the ledger and decision records and respond with a written outcome. After the 72-hour window, results are final and prize distributions will not be reopened except for fraud.

11. Data usage

By entering, you acknowledge that entries, orders, bot configurations, and decision traces may inform proprietary research conducted by the platform or its affiliates, as described in the Privacy Policy and Terms. Public leaderboards display your display name and results.

12. Amendments

Rule changes never apply retroactively to a tournament already open or running. The rules in effect at your time of entry govern that entry.

13. Responsible play

PreMartX is intended solely for entrants who are 18 years of age or older. We may ask you to confirm your age before you enter, and we provide tools to help you stay in control of your play.

• Self-exclusion and cooling-off. From your account settings you may exclude yourself from entering tournaments for a fixed period (24 hours, 7 days, 30 days, or 90 days) or indefinitely. A self-exclusion is one-way: once set it cannot be shortened or lifted early, and a fixed-period exclusion ends on its own when the period elapses. An indefinite exclusion does not expire and can only be lifted by contacting support.
• Optional daily entry limits. You may set a personal cap on how many tournaments you enter per day. While a limit is in force, entries beyond it are blocked until the next day.
• These controls live in your account settings and are summarized on our Responsible Play page.
• If play stops being fun, confidential help is available. Call the National Problem Gambling Helpline at 1-800-522-4700 — free, 24/7.

14. Contest interruption and voids

If a contest is disrupted — for example by a market-data outage, an integrity halt, or a platform issue — PreMartX may void the tournament. This remedy is in addition to the cancellation and material-failure provisions in Section 9.

• On a void, every entry fee is refunded in full to the entrant's wallet.
• Any in-progress bot runs for that tournament are stopped.
• The reason for the void is recorded and shown to entrants on the tournament.
• Standings from a voided contest do not count — no result, ranking, or prize stands, and a voided contest does not affect any leaderboard.