TERMS OF USE
WHAT IS FANSPORTMARKET?
A platform where users play and invest by buying and selling virtual shares of teams or athletes from different competitions.
HOW DO YOU PLAY?
You can start investing and playing from as little as €10.
A minimum investment of €10 allows you to make unlimited buy and sell transactions of virtual shares at no cost until…, in addition to retaining the €10 invested as account balance.
You may deposit funds as often as you wish in order to increase your investment balance.
Users can buy and sell virtual shares at any time using their account balance, at the market price at that moment.
At the end of each championship, each user’s shares will be multiplied by the final value of each share, depending on its position in the Final Standings.
All positions have a predefined final value established at the start of the championship.
Final Value of Virtual Shares
At the end of each championship, the virtual shares of teams or athletes will have the value set from the beginning according to the final value table (in euros until… and its equivalent in FSM thereafter).
Completion
Each market ends at the conclusion of its main championship, excluding playoffs, etc.
Once finished, no further buying or selling of virtual shares for that championship will be allowed, and all shares will take on their established final value.
If a championship is suspended for any reason, the standings at the time of suspension will be used to determine the final value of virtual shares.
The user guarantees that the personal data provided (full name, ID number, postal address, and IBAN) corresponds to the actual user of the platform.
Covetode S.L. is not able to verify the accuracy of this information, and responsibility for the truthfulness of the data lies entirely with the user who provides it.
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