Legal
Risk disclosure
Required reading: trading risks, prohibited behavior, and your acknowledgement of platform limitations.
This document is required reading for all challenge participants. Continuing to use the platform constitutes acceptance of the risks described below.
Trading risks & variance
Sports trading involves significant short-term variance. Even strategies with long-term positive expected value can produce extended losing streaks. Past performance — yours, the platform’s top traders, or anyone else’s — is not predictive of future results.
You should never participate in a paid challenge with money you cannot comfortably lose. The challenge fee is the maximum amount at risk for any individual evaluation; you do not wager additional funds during the challenge.
- Variance can produce drawdowns that exceed your subjective expectations even when your underlying strategy is sound.
- Markets, odds, and rules can change without notice. Pricing inefficiencies you exploited yesterday may be corrected today.
- External factors (injuries, weather, schedule changes) can invalidate research and models in real time.
Capital allocation & the funded program
The challenge fee purchases an evaluation of your trading skill, not a guarantee of funded status. Even if you complete every objective, funded invitations are issued based on a holistic review including CLV (Closing Line Value), risk management quality, fraud signals, and KYC clearance.
If you receive a funded contract, the allocation is virtual capital provided by Rival Prop Firm. You do not own this capital. You are entitled only to your contractually agreed share of net realized profit, paid out monthly subject to review.
Rival Prop Firm reserves the right to terminate funded contracts at any time with 30 days’ notice, or immediately for cause (rule violations, fraud, or material misrepresentation).
Prohibited behavior
The following are permanently bannable offenses with no refund eligibility, regardless of whether they occurred during a paid challenge or a funded cycle:
- Multi-account farming — operating two or more accounts from the same household, device, or payment method to abuse retry fees or risk-share variance.
- VPN, proxy, or geo-spoofing — connecting from a location different than your KYC-registered address.
- Bot or script automation — submitting bets via any means other than the official UI.
- Stale-odds abuse — exploiting feed latency to bet on prices that have already moved.
- Cross-account arbitrage — coordinating bets across multiple Rival accounts (yours or others’) to lock in risk-free returns.
- Identity fraud — using forged documents, stolen identity, or third-party KYC to bypass age, geographic, or sanctions restrictions.
Account suspension & data retention
Suspended accounts retain all bet history, KYC documents, and transaction records for seven years in accordance with EU AML retention requirements. Suspended users may request data portability or deletion outside the AML retention window via written request to privacy@rivalprop.com.
Disclaimer of warranties
The platform is provided “as is” without warranty of any kind, express or implied. Rival Prop Firm makes no guarantee regarding odds-feed accuracy, settlement timing, payout speed, or platform availability. Scheduled maintenance, technical incidents, and third-party provider outages are foreseeable risks of an internet-based trading product.
Settlement disputes are resolved by reference to the official scoring authority for each sport (e.g., league-level, federation-level results). Settlements are final unless a clear data-feed error is identified within 72 hours of bet resolution.
Limitation of liability
To the maximum extent permitted by law, Rival Prop Firm’s aggregate liability for any claim arising from your use of the platform is limited to the total challenge fees you have paid in the 12 months preceding the claim. We are not liable for indirect, consequential, or speculative damages including lost trading opportunities, lost funded-account income, or reputational harm.
This limitation does not apply to: (a) gross negligence, (b) intentional misconduct, or (c) any liability that cannot be excluded under applicable consumer-protection law.