Terms of Service

Last Updated: December 4, 2024

Welcome to Bankroll! These Terms of Service ("Terms") govern your use of the Bankroll mobile application and services operated by Hedge, Inc. By using Bankroll, you agree to these Terms.

1. Acceptance of Terms

By creating an account or using Bankroll, you agree to be bound by these Terms, our Privacy Policy, and any additional terms and policies referenced herein. If you do not agree to these Terms, do not use our services.

2. Eligibility

Age Requirement: You must be at least 21 years old to use Bankroll. By using our services, you represent and warrant that you are 21 years of age or older.

To use Bankroll, you must:

Be at least 21 years of age
Be a legal resident of the United States
Be located in a state where our services are available
Not be prohibited from using our services under applicable law
Have the legal capacity to enter into a binding agreement

3. Account Registration

To use Bankroll, you must create an account. You agree to:

Provide accurate, current, and complete information during registration
Maintain and update your information to keep it accurate
Keep your password secure and confidential
Accept responsibility for all activities under your account
Notify us immediately of any unauthorized use of your account

We reserve the right to suspend or terminate accounts that violate these Terms or for any other reason at our discretion.

4. Services Description

Bankroll provides:

Peer-to-Peer Payments: Send and receive money with other Bankroll users through integrated payment methods (Venmo, Cash App)
Group Management: Create and manage groups for shared expenses and activities
CoverMe Deposits: Access deposit promotions from partner sportsbooks, casinos, and trading platforms when in eligible states
Transaction Tracking: Monitor your payment history and balances

Important: Bankroll is a payment facilitation platform. We are NOT a sportsbook, casino, or gambling operator. We do not accept bets or wagers. Deposits made through CoverMe are processed by our licensed partner platforms.

5. Payment Terms

5.1 Payment Processing

Payments are processed through third-party payment providers (Venmo, Cash App). By using these services, you also agree to their respective terms of service.

5.2 Fees

Bankroll may charge fees for certain services. Any applicable fees will be clearly disclosed before you complete a transaction.

5.3 Refunds

Peer-to-peer payments are generally final. Refund requests should be directed to the recipient. For disputes involving our partner platforms, please contact the respective platform directly.

6. CoverMe and Partner Deposits

When using CoverMe to make deposits with our partner platforms:

You must be physically located in a state where the partner platform is licensed to operate
You are responsible for complying with all applicable state and federal laws
Bonus terms and conditions are set by the partner platform, not Bankroll
We do not guarantee the availability or terms of any promotions
BNPL (Buy Now Pay Later) services, when available, are subject to additional terms and credit approval

7. Location Services

Bankroll uses location services to:

Verify you are in a state where our services and partner platforms are available
Comply with state-by-state gambling and financial regulations
Provide location-based features and promotions

You agree to enable location services when using features that require location verification. Attempting to spoof or manipulate your location is a violation of these Terms and may result in account termination.

8. Responsible Gaming

We are committed to promoting responsible gaming. If you or someone you know has a gambling problem:

National Council on Problem Gambling: 1-800-522-4700
Visit: www.ncpgambling.org

You can set deposit limits, self-exclude, or request account closure at any time by contacting our support team.

9. Prohibited Activities

You agree NOT to:

Use Bankroll for any illegal purpose or in violation of any laws
Use the service if you are under 21 years of age
Create multiple accounts or use another person's account
Provide false, misleading, or fraudulent information
Manipulate or spoof your location
Use Bankroll for money laundering or other financial crimes
Harass, abuse, or harm other users
Attempt to hack, reverse engineer, or compromise our systems
Use automated systems or bots to access our services
Circumvent any security measures or access controls
Violate the intellectual property rights of Bankroll or others

10. Intellectual Property

All content, features, and functionality of Bankroll, including but not limited to text, graphics, logos, and software, are owned by Hedge, Inc. and protected by intellectual property laws. You may not copy, modify, distribute, or create derivative works without our express written permission.

11. User Content

You retain ownership of content you create (group names, transaction notes, etc.). By posting content, you grant us a non-exclusive, royalty-free license to use, display, and distribute that content as necessary to provide our services.

12. Disclaimers

BANKROLL IS PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. WE DO NOT GUARANTEE THAT OUR SERVICES WILL BE UNINTERRUPTED, ERROR-FREE, OR SECURE.

We are not responsible for:

Actions or content of third-party payment providers
Terms, conditions, or outcomes of partner platform promotions
Your gambling wins or losses on partner platforms
Technical issues or service interruptions

13. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, HEDGE, INC. SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO LOSS OF PROFITS, DATA, OR USE, ARISING OUT OF OR RELATED TO YOUR USE OF BANKROLL.

Our total liability for any claims arising from these Terms or your use of our services shall not exceed the amount you paid to us in the twelve (12) months preceding the claim.

14. Indemnification

You agree to indemnify, defend, and hold harmless Hedge, Inc. and its officers, directors, employees, and agents from any claims, damages, losses, or expenses (including reasonable attorneys' fees) arising from your use of Bankroll, violation of these Terms, or violation of any rights of another.

15. Dispute Resolution

15.1 Informal Resolution

Before filing any claim, you agree to contact us at legal@bankroll.live to attempt to resolve the dispute informally.

15.2 Arbitration

Any disputes that cannot be resolved informally shall be settled by binding arbitration in accordance with the rules of the American Arbitration Association. The arbitration shall take place in Pennsylvania, and the arbitrator's decision shall be final and binding.

15.3 Class Action Waiver

You agree to resolve disputes with us on an individual basis and waive any right to participate in a class action lawsuit or class-wide arbitration.

16. Governing Law

These Terms shall be governed by and construed in accordance with the laws of the Commonwealth of Pennsylvania, without regard to its conflict of law provisions.

17. Changes to Terms

We may update these Terms from time to time. We will notify you of significant changes through the app or by email. Your continued use of Bankroll after changes constitutes acceptance of the updated Terms.

18. Termination

We may suspend or terminate your account at any time for any reason, including violation of these Terms. You may close your account at any time by contacting support. Upon termination, your right to use Bankroll immediately ceases.

19. Severability

If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions shall continue in full force and effect.

20. Contact Us

If you have questions about these Terms, contact us at:

Hedge, Inc.
Email: legal@bankroll.live
Support: support@bankroll.live