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Terms of Service

Effective September 13, 2026. Last updated September 13, 2026

Contents

  1. Important: Summary of Key Terms
  2. 1. Acceptance
  3. 2. Definitions
  4. 3. What the Service Is, and What It Is Not
  5. 4. Eligibility
  6. 5. Sportsbook Terms, Automation, and Account Consequences
  7. 6. Your Account and Your Responsibilities
  8. 7. Risk Acknowledgment: You Can Lose Money
  9. 8. No Guarantees, No Warranty
  10. 9. Responsible Gambling
  11. 10. Privacy
  12. 11. Credit and Billing
  13. 12. Prohibited Uses
  14. 13. Third-Party Services
  15. 14. Assumption of Risk and Release
  16. 15. Limitation of Liability
  17. 16. Indemnification
  18. 17. Intellectual Property and Licence
  19. 18. Suspension and Termination
  20. 19. Changes to These Terms
  21. 20. Consumer Protection Notice
  22. 21. Governing Law and Disputes
  23. 22. General
  24. 23. Acknowledgements at Registration
  25. 24. Contact

Important: Summary of Key Terms

These Terms are written in plain English, but they are a binding legal contract. Ontario law requires unusual or one-sided terms to be brought to your attention before you agree. This summary does so. The following terms are important, and you are agreeing to every one of them:

  • You are the bettor. The Service is software that runs on your computer. It transmits wagers directly from your device to your own sportsbook accounts, using your money, your log-in, and the settings you choose. We do not accept wagers, hold your betting funds, or bet for you. Every bet is yours (Section 3).
  • You can lose money, including your entire bankroll. Arbitrage betting is not risk-free. The ways you can lose are listed in Section 7 and they happen in normal operation.
  • Sportsbooks prohibit software like this. Every major Ontario sportsbook's terms prohibit automated betting and arbitrage. Using the Service will likely breach those terms. Sportsbooks may limit you, close your accounts, void bets, and keep your winnings. You bear that risk (Section 5).
  • No results are promised. Nothing we show you, including projected profit, edge, or ratings, is a guarantee or financial advice (Section 8).
  • Our liability is capped at the greater of what you paid us in the previous twelve months and CAD $100, and we are not liable for betting losses at all (Section 15).
  • You will indemnify us if your use of the Service causes a claim against us, including by a sportsbook or regulator (Section 16).
  • Ontario only. The Service is offered only to adults who are residents of, and physically located in, Ontario, Canada (Section 4).

If you do not accept every one of these, do not register an account. Nothing in these Terms takes away rights that Ontario consumer protection law says you cannot give up (Section 20).


1. Acceptance

1.1. These Terms of Service (the "Terms") are a legal agreement between you and 1001662080 Ontario Inc., operating as Prometheus Bets ("Prometheus", "we", "us", "our"). They govern your use of the Prometheus desktop application, the prometheusbets.com website, the Prometheus odds and opportunity data feed, and every related service (together, the "Service").

1.2. You accept these Terms by (a) ticking the acknowledgement box at registration, or (b) using the Service in any way. Registration is not possible without acceptance. If you use the Service you are bound by these Terms whether or not you read them.

1.3. We may ask you to re-accept these Terms after a material change (Section 19). If you are asked to re-accept and you decline, your access ends.

1.4. You may not accept these Terms on behalf of anyone else, and no one may accept them on your behalf. Accounts are personal (Section 6).

2. Definitions

  • "Sportsbook" means any third-party licensed betting operator you connect to the Service, such as DraftKings, FanDuel, BetMGM, PointsBet, Betano, theScore Bet, or Bet99. Sportsbooks are not affiliated with us in any way.
  • "Sportsbook Account" means your personal account with a Sportsbook, opened by you, in your legal name, funded with your money.
  • "Opportunity" means a pricing difference between two Sportsbooks on the same event that the Service identifies as potentially profitable if both sides are backed.
  • "Parameters" means the settings you choose in the Service, including stake, minimum edge, sports and markets, safe mode, auto-stop, position-holding, and account-protection settings.
  • "Wager" means any bet transmitted from your device to a Sportsbook while the Service is running under your Parameters, including primary bets, hedges, cash-outs, and cover bets.
  • "Credit" means the prepaid balance described in Section 11.
  • "Feed" means the odds, opportunity, and market data we transmit to the Service.

3. What the Service Is, and What It Is Not

3.1. The Service is software you operate. Prometheus is a tool that runs on your own computer. It (a) receives the Feed from us, (b) applies your Parameters to decide whether an Opportunity fits what you have told it to do, and (c) when it does, transmits the corresponding Wagers directly from your device to your Sportsbook Accounts using the log-in sessions you have established there. Wagers do not pass through our servers, and we cannot see, hold, intercept, or modify your funds.

3.2. You are the bettor. We are not. Every Wager is placed by you. By setting your Parameters and pressing "Start Engine", you are giving a standing instruction to your own software, in the same way that a person who sets up a scheduled transfer at a bank is the person making the transfer. We are not your agent, broker, trustee, fiduciary, adviser, or partner. We do not make betting decisions for you. We do not choose which Opportunities you bet on; your Parameters do.

3.3. We are not a Sportsbook and do not take bets. We do not accept, register, record, or settle wagers. We do not hold, receive, or pay out betting funds. We do not set odds. We do not offer a pool or any betting privilege. Credit (Section 11) pays for software and data; it is not a deposit and cannot be wagered.

3.4. We are not licensed by, registered with, or affiliated with any gaming regulator or Sportsbook. We are not registered with the Alcohol and Gaming Commission of Ontario (AGCO) or iGaming Ontario. We have no relationship with any Sportsbook. Sportsbook names and logos belong to their owners and are used only to identify them.

3.5. The Service is not financial, investment, legal, or tax advice. Projected returns, edge percentages, opportunity ratings, account-health scores, and every other figure the Service shows you are automated calculations, not recommendations. We are not licensed financial advisers and do not act as one.

3.6. The Service is not risk-free and is not a job or an income. Any description of arbitrage as "risk-free", "guaranteed", or "sure" is wrong, and we have never made it. Section 7 explains why.

4. Eligibility

You may use the Service only if every one of the following is true, and by accepting these Terms you represent to us that it is:

4.1. You are at least nineteen (19) years of age.

4.2. You are a resident of Ontario, Canada, and you are physically located in Ontario whenever the Service is running.

4.3. Each Sportsbook Account you connect was opened by you, in your own legal name, is funded only with your own money, and is in good standing.

4.4. You are not self-excluded from gambling in Ontario, whether through a Sportsbook's own program, a centralized self-exclusion program, a court order, or otherwise, and you have not been asked by any Sportsbook to stop betting.

4.5. You are not a prohibited bettor under any Sportsbook's rules or AGCO standards, including any athlete, coach, official, team employee, league employee, or person with inside information about an event you bet on.

4.6. You are not using, and will not use, a VPN, proxy, remote desktop, location spoofing, or any other tool to misrepresent your physical location to a Sportsbook or to us.

4.7. You are using the Service for your own personal betting only, not on behalf of, or with money belonging to, any other person, group, syndicate, or business.

4.8. You are legally able to enter into a binding contract.

Confirming each of these matters is your responsibility. We do not verify your eligibility or the legality of your use, and we rely on your representations. If any of them is or becomes untrue, you must stop using the Service immediately, and Sections 15 and 16 apply.

5. Sportsbook Terms, Automation, and Account Consequences

5.1. Sportsbooks prohibit what this software does. You acknowledge that the terms and conditions of every Sportsbook the Service supports prohibit some or all of: automated or software-assisted betting, arbitrage betting, betting through third-party tools, and sharing account access with software. By using the Service you will likely be breaching your contract with each Sportsbook. We are telling you this plainly so that you cannot later say you did not know.

5.2. The consequences are yours. As a result of using the Service, a Sportsbook may, at any time and without warning, limit your stakes, restrict your markets, freeze or close your account, void or cancel bets (including one side of a matched pair, leaving the other side exposed), withhold or confiscate winnings or deposits, forfeit bonuses, demand identity or source-of-funds verification, ban you across its brands, share information about you with other operators or the regulator, or take legal action against you. All of these are between you and the Sportsbook. We are not a party to that relationship, we cannot intervene in it, and we accept no responsibility for any of it.

5.3. Account-protection features do not protect you. The Service includes optional settings intended to make your betting activity less concentrated or less conspicuous, including "cover bets" that are deliberately placed at unfavourable prices to change the profile of your account. You acknowledge that:

  • (a) cover bets are ordinary losing bets. They have a certain expected cost, that cost is paid from your money, and on a thin day it can exceed your entire arbitrage profit;
  • (b) no account-protection setting can prevent a Sportsbook from detecting, limiting, or closing your account, and we make no representation that any setting reduces that likelihood;
  • (c) you choose whether to enable these settings, and you accept their cost and their limits.

5.4. Sportsbook rules govern grading. Each Sportsbook settles bets under its own rules, which differ between Sportsbooks and can change. The Service's "safe mode" attempts to skip known rule mismatches but cannot detect every one. Whether a bet wins, loses, pushes, or is voided is decided by the Sportsbook alone.

5.5. Sportsbook websites and applications are not under our control. They change without notice, go offline, and may block or slow the Service at any time. We have no control over them and no responsibility for them.

6. Your Account and Your Responsibilities

6.1. One account per person. You may hold one Prometheus account. Creating more than one, or letting another person use yours, is a breach of these Terms.

6.2. Account security. You are responsible for everything done through your Prometheus account and through the Service on your device, whether or not you authorized it. Keep your credentials, API keys, and devices secure. Notify us immediately at the address in Section 24 if you suspect unauthorized access. Losses caused by a compromised device or account are yours.

6.3. Sportsbook sessions. To function, the Service needs you to be signed in to each Sportsbook on your device. You sign in yourself, in a window the Service opens on your computer. The Service does not ask for, store, or transmit your Sportsbook passwords. Your signed-in session is kept in the Service's browser storage on your device so that it can transmit Wagers and read balances on your instruction, and you authorize it to do so. You may revoke this at any time by signing out of the Sportsbook or switching it off in the Service. We are not responsible for what a Sportsbook does with, or in response to, your session.

6.4. Your Parameters are your instructions. You choose the stake, the minimum edge, the sports and markets, whether to hold uncovered positions, whether to place cover bets, and every other setting. The Service acts within them. Setting them badly is a reliable way to lose money. We do not set them for you, we do not review them, and we do not second-guess them.

6.5. You must monitor the Service. The Service is not "set and forget". You must keep it in view while it runs, watch the Open Arbs and EV Bets screens, check that your Sportsbook sessions are alive, keep your accounts funded well enough to complete both sides of an Opportunity, and use "Stop Engine" whenever you are not able to supervise. Loss caused by running the Service unsupervised, underfunded, or with dead sessions is yours.

6.6. Stop at any time. "Stop Engine" halts new Wagers immediately. Bets already transmitted to a Sportsbook cannot be recalled by us or by the Service; only the Sportsbook can void them.

6.7. Accurate information. All information you give us must be true, complete, and kept current. False information is grounds for termination and forfeiture of Credit (Section 18).

6.8. Taxes. You are solely responsible for determining and paying any tax on your betting activity. We do not provide tax advice or tax reporting.

6.9. Your own compliance. You are solely responsible for ensuring that your use of the Service complies with all laws that apply to you and with the terms of every Sportsbook and other service you use with it. Nothing in these Terms is a representation by us that your use is lawful.

7. Risk Acknowledgment: You Can Lose Money

Arbitrage betting is often described as "risk-free". It is not, and these Terms do not represent otherwise. An arbitrage return is secured only once both bets have been accepted in full and both Sportsbooks have graded them under the same rules. Until then, and in some cases after, you can lose real money. By registering your account you acknowledge, understand, and accept all of the following. Each of them happens in normal operation and none of them is a malfunction:

7.1. The second bet can be refused. Between the first bet and the second, the price can move, the market can be suspended, the Sportsbook can decline the amount, or your session can die. You are then holding one uncovered bet that can lose your full stake on that side.

7.2. The second bet can be only partly accepted. The uncovered portion is exposed exactly as in 7.1 and can lose.

7.3. Both bets can lose. Sportsbooks apply different settlement rules to the same event. When their rules diverge, it is possible for both sides of a pair to lose.

7.4. A bet can be voided or pushed on one side only. A cancelled match, a withdrawn player, or a result on the line can cause one Sportsbook to return your stake while the other lets its bet stand, leaving you one-sided.

7.5. Held positions can lose everything staked on them. Where your Parameters allow it, the Service may hold an uncovered position because it is judged positive expected value. Positive expected value describes the average over many repetitions. Any individual held position can and regularly does lose its full stake.

7.6. Recovery attempts can fail or cost money. Hedges and cash-outs the Service attempts under your Parameters may be unavailable, may execute at a loss, or may fail entirely, leaving the position to run to settlement.

7.7. Cover bets are losing bets by design (Section 5.3).

7.8. The Feed and the Service can be wrong. Odds can be stale, mislabelled, or mismatched. The Service can pair two markets that are not actually opposite sides of the same question, size a stake incorrectly, act on a price that no longer exists, place a duplicate bet, fail to place a bet, or place one at a worse price than displayed. Software has bugs, and this software places money on the line. You accept the risk of errors in the Feed and in the Service.

7.9. Technology fails. Your internet connection, your computer, our servers, the Feed, third-party infrastructure, and Sportsbook websites can all fail, slow down, or change without notice, at any moment, including between the two sides of a pair.

7.10. Sportsbooks act against arbitrage bettors (Section 5).

7.11. Laws and rules change. Gambling law, regulator standards, and Sportsbook terms can change in ways that make the Service less useful, useless, or unlawful to use, without notice and without any obligation on us.

7.12. You can lose your entire bankroll. Not hypothetically. Through the specific mechanisms above, in sequence or in combination, you can lose everything in your Sportsbook Accounts, and cover bets and held positions can accelerate that. Never stake money you cannot afford to lose in full.

You assume all of these risks. Every Wager is your bet, transmitted on your instruction, under your Parameters, with your money, and the financial outcome is yours alone.

8. No Guarantees, No Warranty

8.1. Profit is not promised. Past results, projected returns, edge figures, ratings, statistics, and testimonials are not promises of future results. You may profit, break even, or lose money.

8.2. The Service is provided "as is" and "as available", and may be in beta. We do not warrant that it will be uninterrupted, timely, secure, or error-free; that the Feed will be accurate, complete, or current; that any Opportunity will be captured; or that any Wager will be transmitted, accepted, graded, or paid as expected.

8.3. To the fullest extent permitted by law, we disclaim all warranties, conditions, and representations, express, implied, or statutory, including merchantability, satisfactory quality, fitness for a particular purpose, non-infringement, and any arising from course of dealing or usage of trade.

8.4. Where the law of your residence implies warranties or conditions that cannot be excluded, including the deemed warranty of reasonably acceptable quality for services under Ontario's Consumer Protection Act, those warranties apply, and our liability for breach of them is limited as far as that law allows (Section 15).

9. Responsible Gambling

9.1. Gambling can become a problem. If it stops being something you control, help is available: ConnexOntario, 1-866-531-2600, connexontario.ca, free and confidential, 24 hours a day. Self-exclusion tools are available through each Sportsbook and through Ontario's centralized self-exclusion program.

9.2. Do not bet with borrowed money, money you need for living expenses, or money belonging to anyone else.

9.3. We may suspend or terminate your access, without liability, if we have reason to believe your gambling is causing you harm, that you are self-excluded, or that you are underage. We are not obliged to monitor for this and our not doing so is not a breach.

9.4. Nothing in the Service is designed to encourage you to bet more, and no bonus, credit, or reward is conditional on betting volume.

10. Privacy

Our collection, use, and disclosure of your personal information is described in the Prometheus Bets Privacy Policy at prometheusbets.com/privacy, which forms part of these Terms. In short: your Sportsbook credentials, sessions, and balances stay on your device and are never sent to us; we never hold your funds; we collect your account details, payment records, the profit figure from each settled arbitrage for billing, and any feedback you choose to send; and we do not sell personal information or share it with Sportsbooks. We comply with the Personal Information Protection and Electronic Documents Act (Canada).

11. Credit and Billing

11.1. What Credit is. Credit is a prepaid balance that pays for the software and the Feed. Credit is not money, is not a deposit, is not held in trust, cannot be wagered, is not redeemable for cash, and is not transferable.

11.2. How Credit is consumed. Credit is deducted against profit actually realised as your Wagers settle. Each credit covers one Canadian dollar of realised profit. Credits are sold at CAD $0.50 each, so one dollar buys two credits and covers two dollars of realised profit. The current price is shown at the point of purchase. You are not charged per Wager and you are not charged on losing Wagers. No realised profit, no charge. Realised profit is calculated by the Service from Sportsbook settlement data; where that data is unavailable, delayed, or corrected by the Sportsbook, we may adjust Credit accordingly.

11.3. Buying Credit. You buy Credit from Settings in the application or at prometheusbets.com. The price, any applicable HST, and the total are shown before you confirm. Payment is processed by third-party payment processors under their own terms.

11.4. Running out. When Credit reaches zero, the Service stops acting on new Opportunities. Wagers already transmitted are unaffected and settle normally. Credit consumed by the settlement of those Wagers may take your balance below zero, and that deficit is deducted from your next purchase.

11.5. No refunds. Credit purchases are final and non-refundable, except where these Terms say otherwise, where we choose to make a refund in our discretion, or where the Consumer Protection Act (Ontario) or other applicable law gives you a right of cancellation or refund that cannot be waived. Credit is forfeited if your account is terminated for breach.

11.6. Chargebacks. If you reverse a payment through your card issuer or payment processor for Credit you have used, we may suspend your account, deduct the reversed amount from your Credit, and recover the amount and our reasonable costs from you.

11.7. Expiry. Purchased Credit does not currently expire. Promotional Credit may carry an expiry date, stated when it is granted. If we introduce expiry on purchased Credit, it will apply only to Credit bought after notice under Section 19.

11.8. Billing disputes. If you believe a Credit deduction is wrong, contact us (Section 24) within sixty (60) days. We will investigate against settlement records and correct genuine errors. Our settlement records are the record of account, absent manifest error.

11.9. Price changes. We may change the price of Credit or the rate at which it is consumed on notice under Section 19. Changes do not apply to Credit already purchased or to Wagers already transmitted.

12. Prohibited Uses

You must not:

12.1. use the Service where doing so is illegal, from outside Ontario, or while ineligible under Section 4;

12.2. connect a Sportsbook Account that is not yours, or use the Service on behalf of, or with money belonging to, any other person;

12.3. use the Service in connection with match-fixing, insider betting, bonus abuse, identity fraud, money laundering, or any other conduct unlawful under the Criminal Code (Canada), AGCO standards, or Sportsbook rules beyond the arbitrage activity the Service is designed for;

12.4. defraud, abuse, or manipulate the billing system or the profit-settlement accounting, including structuring Wagers or settlements to evade Credit charges;

12.5. reverse engineer, decompile, disassemble, or attempt to extract the source code, models, matching logic, or Feed structure of the Service, except where the law gives you a right we cannot exclude;

12.6. access the Feed or the Service by any automated means other than the Service itself, or share, resell, sublicense, redistribute, or publish the Feed or any data from it;

12.7. share your Prometheus account, feed key, invite code, or application with anyone, or operate an account for anyone else;

12.8. interfere with the Service, probe or test its security without written authorization, circumvent access controls, usage limits, or geographic restrictions, or introduce malicious code;

12.9. use the Service to harass, defraud, or harm any Sportsbook, its staff, or any other person;

12.10. describe the Service to anyone as risk-free, guaranteed, or a source of income, or send unsolicited commercial electronic messages about it contrary to Canada's Anti-Spam Legislation; or

12.11. make public statements on our behalf, or represent that we endorse your betting results.

Breach of this Section is grounds for immediate termination and forfeiture of Credit (Section 18).

13. Third-Party Services

The Service depends on services we do not control, including Sportsbooks, payment processors, authentication providers, content-delivery and tunnelling providers, and your internet service provider. We are not responsible for their availability, accuracy, security, or conduct, and your use of them is governed by their own terms. Links to third-party sites are provided for convenience only.

14. Assumption of Risk and Release

14.1. You assume all risk of using the Service, including every risk described in Sections 5 and 7, whether or not it was foreseeable and whether or not caused in part by an error in the Service or the Feed.

14.2. Release. To the fullest extent permitted by law, you release and forever discharge Prometheus and its owners, directors, officers, employees, contractors, agents, licensors, and successors (the "Released Parties") from every claim, demand, loss, and cause of action, known or unknown, arising out of or relating to: (a) any Wager and its outcome; (b) any action taken by a Sportsbook, regulator, or law-enforcement body in relation to your betting; (c) your breach of any Sportsbook's terms; (d) any decision you make in reliance on the Service or the Feed; and (e) any loss of betting funds, deposits, winnings, or bonuses.

14.3. Nothing in this Section releases a Released Party from liability that cannot be excluded under applicable law.

15. Limitation of Liability

15.1. Cap. To the fullest extent permitted by law, the total aggregate liability of the Released Parties to you for all claims arising out of or relating to these Terms or the Service, whether in contract, tort (including negligence), breach of statutory duty, or otherwise, is limited to the greater of (a) the total amount you paid us for Credit in the twelve (12) months before the event giving rise to the claim, and (b) CAD $100.

15.2. Excluded losses. To the same extent, the Released Parties are not liable for: betting losses of any kind, including every scenario in Sections 5 and 7; lost, confiscated, or withheld funds, deposits, winnings, or bonuses; lost profits, lost opportunities, or missed Opportunities; any action of a Sportsbook or regulator; loss of data; cost of substitute services; or any indirect, incidental, consequential, special, exemplary, or punitive damages, even if we were told they were possible.

15.3. Carve-outs. Nothing in these Terms limits or excludes liability for fraud, for death or personal injury caused by negligence, or for anything else that cannot be limited or excluded under applicable law, including under the Consumer Protection Act (Ontario).

15.4. The bargain. The cap and exclusions reflect the deal these Terms strike: we charge a small share of profit for software and data; we do not underwrite your betting, and we could not offer the Service at its price if we did. You agree that they are reasonable and that we have relied on them in offering the Service to you.

15.5. Multiple claims. The cap in 15.1 applies to all claims together, not to each claim separately.

16. Indemnification

16.1. You will defend, indemnify, and hold harmless the Released Parties from and against every claim, demand, action, loss, liability, penalty, fine, cost, and expense (including reasonable legal fees on a full-indemnity basis) arising out of or relating to:

  • (a) your breach of these Terms or of any representation in Section 4;
  • (b) your violation of any law, including gambling, tax, and anti-spam law;
  • (c) your breach of any Sportsbook's terms, and any claim a Sportsbook brings against us because of your use of the Service;
  • (d) any claim by a regulator, law-enforcement body, or other authority arising from your betting activity;
  • (e) any claim by a person whose account, identity, money, or device you used;
  • (f) any statement you make about the Service to others; or
  • (g) your negligence or wilful misconduct.

16.2. We may assume the defence and control of any matter subject to indemnification, at your expense, and you will cooperate. You may not settle any such matter in a way that admits fault or imposes obligations on us without our written consent.

17. Intellectual Property and Licence

17.1. The Service, including its software, algorithms, models, matching logic, designs, text, branding, documentation, and data compilations (including the Feed), is owned by Prometheus or its licensors and protected by copyright, trade-mark, trade-secret, and other intellectual property law.

17.2. Subject to these Terms, we grant you a limited, personal, non-exclusive, non-transferable, non-sublicensable, revocable licence to install the application on devices you control and use the Service for your own personal betting in Ontario. Nothing else is granted, and all rights not expressly granted are reserved.

17.3. "Prometheus Bets", the flame logo, and associated marks are our trade-marks. Do not use them without written permission.

17.4. Feedback you send us may be used freely by us without obligation to you.

17.5. Your betting data remains yours. You grant us a worldwide, royalty-free licence to process it as needed to operate, secure, bill for, and improve the Service, and as described in the Privacy Policy.

18. Suspension and Termination

18.1. By you. You may stop using the Service at any time and close your account from Settings. Wagers already transmitted settle normally, and Credit charges on profit from those settlements still apply. Unused purchased Credit on a voluntarily closed account is forfeited ninety (90) days after closure, subject to any non-waivable refund right under applicable law.

18.2. By us. We may suspend or terminate your account, with notice where practicable, if: you breach these Terms; we are required to by law, a regulator, or a court; your use creates legal, regulatory, security, or reputational risk to us or others; your identity or eligibility cannot be verified; or we discontinue the Service. For serious breaches, including fraud, use outside Ontario, or use of another person's account, termination may be immediate and remaining Credit forfeited.

18.3. Wind-down. On any suspension or termination the Service stops acting on new Opportunities immediately. We will, where possible, allow already-transmitted Wagers to settle normally rather than leave you one-sided, but we cannot guarantee this where we are compelled by law or where a Sportsbook acts, and Section 15 applies.

18.4. Discontinuance. We may modify, suspend, or discontinue any part or all of the Service at any time. If we discontinue the Service entirely, we will give reasonable notice where practicable and will refund unused purchased Credit at the price you paid for it.

18.5. Survival. Sections 3, 5, 6.8, 7, 8, 11.6, 12, 14, 15, 16, 17, 18, 20, 21, and 22 survive termination.

19. Changes to These Terms

19.1. We may update these Terms. For material changes we will give you at least thirty (30) days' notice by email and in the application before the new terms take effect, and may require you to re-accept.

19.2. If you continue to use the Service after a change takes effect, you accept it. If you do not accept, stop using the Service and close your account before the effective date; Section 18.1 applies.

19.3. Changes do not apply retroactively to Wagers already transmitted or Credit already purchased.

20. Consumer Protection Notice

20.1. If you are a consumer under the Consumer Protection Act (Ontario), you have rights under that Act that cannot be waived by contract, and nothing in these Terms is intended to, or does, exclude, restrict, or waive them. Where any provision of these Terms conflicts with a right you have under that Act, the Act prevails to the extent of the conflict, and the provision applies to the fullest extent the Act permits.

20.2. These Terms are an internet agreement. Before you register your account, we will show you the information the Act requires, including our name and contact details, a description of the Service, the price of Credit and how it is consumed, and these Terms, and we will give you an opportunity to accept, decline, or correct errors. We will deliver a copy of these Terms to you by email within fifteen (15) days of acceptance.

20.3. Nothing in these Terms prevents you from bringing a claim in the Ontario Small Claims Court or from participating in a class proceeding where the Act preserves that right.

21. Governing Law and Disputes

21.1. Ontario law. These Terms, and any dispute arising out of or relating to them or the Service, are governed by the laws of the Province of Ontario and the federal laws of Canada applicable in Ontario, without regard to conflict-of-law rules.

21.2. Talk to us first. Before starting any proceeding, contact us (Section 24) with a description of the dispute and give us thirty (30) days to resolve it informally. Most billing disputes are resolved this way.

21.3. Ontario courts. Subject to Section 20, any dispute not resolved informally will be brought exclusively in the courts of the Province of Ontario sitting in Toronto, and you and we each irrevocably attorn to their jurisdiction.

21.4. Time limit. To the extent the law allows the parties to agree on this, any claim against us must be started within two (2) years of the day the claim arose. This does not shorten any limitation period that applies to a consumer agreement under the Limitations Act, 2002 (Ontario).

21.5. Injunctive relief. Nothing in this Section prevents us from seeking injunctive or other equitable relief in any court of competent jurisdiction to protect our intellectual property or the security of the Service.

22. General

22.1. Entire agreement. These Terms and the Privacy Policy are the entire agreement between you and us regarding the Service and supersede all prior understandings, representations, and agreements, written or oral. You confirm that you have not relied on any representation not set out in these Terms.

22.2. Severability. If any provision of these Terms is found invalid or unenforceable, it will be enforced to the maximum extent permitted, or replaced with an enforceable provision closest to its intent, and the rest of these Terms remain in full effect.

22.3. No waiver. Our failure or delay in enforcing any provision is not a waiver of it.

22.4. Assignment. You may not assign or transfer these Terms or your account. We may assign these Terms in connection with a merger, acquisition, reorganization, or sale of assets, with notice to you.

22.5. Force majeure. We are not liable for any failure or delay caused by events beyond our reasonable control, including Sportsbook outages or changes, internet or infrastructure failures, third-party service failures, regulatory action, changes in law, labour disputes, or acts of God.

22.6. Electronic agreement and notices. You agree that these Terms may be accepted electronically and that electronic acceptance is binding under the Electronic Commerce Act, 2000 (Ontario). You consent to receive all notices, disclosures, and communications from us electronically, at the email address on your account or in the application, and agree they satisfy any legal requirement for writing.

22.7. No third-party beneficiaries. Except for the Released Parties under Sections 14 to 16, no one other than you and us has any rights under these Terms.

22.8. Relationship. Nothing in these Terms creates a partnership, joint venture, agency, employment, or fiduciary relationship between you and us.

22.9. Language. These Terms are drafted in English. The parties have expressly requested that these Terms and all related documents be drawn up in English.

22.10. Headings. Headings and the summary at the top are for convenience and do not affect interpretation, except that the summary is intended to give you notice of the terms it describes.

23. Acknowledgements at Registration

By ticking the acknowledgement box at registration you confirm each of the following. Each confirmation is part of these Terms. Registration is not possible without it:

  • I am at least 19 years old, I am a resident of Ontario, and I am physically in Ontario whenever the Service runs.
  • Every sportsbook account I connect is mine, in my legal name, funded with my own money, and I am not self-excluded.
  • I understand that I am the bettor. The software transmits wagers from my device to my own accounts under my settings. Prometheus does not bet for me, hold my money, or take bets.
  • I understand that sportsbooks prohibit automated and arbitrage betting, that using the Service will likely breach their terms, and that they may limit or close my accounts and keep my funds. That is my risk.
  • I understand that arbitrage betting is not risk-free, that uncovered positions and held positions can lose their full stake, that cover bets are losing bets by design, and that I can lose everything in my sportsbook accounts.
  • I understand that Prometheus's liability to me is capped and that Prometheus is not liable for betting losses.
  • I have read and agree to these Terms of Service and the Privacy Policy.

24. Contact

1001662080 Ontario Inc., operating as Prometheus Bets Registered office: Ontario, Canada. Mailing address provided on request. Email: [email protected] Web: prometheusbets.com


By clicking "I Agree" you confirm that you have read these Terms, that every statement in Sections 4 and 23 is true, and that you understand and accept the risks in Sections 5 and 7, including that arbitrage betting is not risk-free, that sportsbooks may close your accounts, and that you can lose money using this Service.

Questions about this document: [email protected]

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