Terms & Conditions — versus

a brand by versus Inc.

Version 4.2 — August 2026 (supersedes Version 4.1 — August 2026)

Table of Contents

1. Introduction and Definitions
2. About VERSUS
3. Account Eligibility and Verification
4. Your Account
5. Duplicate Accounts
6. Deposits and Customer Fund Protection
7. Withdrawals and Limits
8. Placing Predictions
9. How Odds, Returns and Our Fee Work
10. Settlement
11. Prohibited Activities
12. Account Suspension and Closure
13. Betting Rules
14. Errors, Malfunctions and Interruptions
15. Limitation of Liability
16. Safer Gambling
17. Promotions, Bonuses and Referrals
18. Complaints and Disputes
19. Privacy and Data Protection
20. Changes to These Terms
21. Other Legal Terms
22. Contact Information

### IMPORTANT — PLEASE READ BEFORE CONTINUING

By using our Services, you enter a legally binding contract. Pay particular attention to:

- Section 2 — What we offer: betting on the outcome of real-world events ("predictions"). You bet against VERSUS.

- Section 3 — Verification: we must verify your identity before you can deposit, bet or withdraw.

- Section 5 — Duplicate Accounts: only ONE account per person. Duplicates will be closed.

- Section 7 — Limits: any Market or Account limits that apply are shown before you confirm a Prediction.

- Section 9 — Odds, Returns and Our Fee: the odds and potential Return are shown before you confirm. We charge a transaction Fee equal to 2% of the stake, in addition to the stake, with no maximum fee cap. The Fee is separate from and is not deducted from the Return.

- Section 8 — Right to Decline: we may decline predictions without giving reasons.

- Section 11 — Prohibited Activities: fraud and arbitrage result in account closure.

- Section 14 — Errors: we may void predictions affected by errors.

1. Introduction and Definitions

These Terms and Conditions ("Terms") govern your use of the betting services provided by versus Inc. trading as "versus". By registering for an Account or using our Services, you agree to be bound by these Terms.

In these Terms:

• "Account" means your registered betting account with versus.
• "Services" means all betting products, the versus website, mobile application, and related services.
• "Prediction" (also referred to as a "Bet", "Transaction" or "wager") means any fixed-odds bet, wager or stake you place on the outcome of an event via your Account.
• "Market" means an event we make available to bet on, expressed as a question with two or more possible outcomes (for example "Yes/No", or a choice of named options).
• "Outcome" means a possible result of a Market.
• "Odds" means the fixed price at which we offer a given Outcome, shown to you before you place a Prediction.
• "Return" means the amount credited to your Account if your Prediction wins, as displayed before you confirm. The Fee is charged separately and is not deducted from the Return.
• "Fee" means the charge described in Section 9.

Legal Agreement — These Terms form a legally binding contract. If you do not agree, do not use our Services.

2. About versus

2.1 Company Details

Versus Inc is licensed and regulated in Great Britain by the Gambling Commission under account number 101143. You can verify our status on the Gambling Commission's public register at www.gamblingcommission.gov.uk.

2.2 Services

versus provides betting on the outcome of real-world events, presented as prediction markets. Markets cover a range of categories, which may include sports, politics and current affairs, financial and crypto markets, entertainment and awards, technology, and other novelty or event markets.

For each Market you select an Outcome (for example "Yes" or "No", or one of several options) and the Odds and potential Return are shown to you before you place your Prediction.

• You bet against versus. We act as principal and are the counterparty to every Prediction.
• You may place more than one Prediction in a single confirmation. Each Prediction is a separate single bet. We do not offer combined, parlay or accumulator bets where multiple selections must all win and returns roll over.

Our Services are available only to customers located in the United Kingdom.

2.3 Acceptance of Risk

Risk of Loss — Betting can result in financial loss. Only bet what you can afford to lose. You are solely responsible for your betting losses.

3. Account Eligibility and Verification

3.1 Eligibility

To open an Account and use our Services, you must:

• Be at least 18 years of age — underage gambling is a criminal offence
• Be located in the United Kingdom
• Not be self-excluded from gambling (including via GAMSTOP)
• Not already have an Account with us
• Be acting solely on your own behalf
• Not be an employee of versus or an immediate family member

3.2 Verification Checks

We are required by law to verify your identity, age, and address before you can deposit, bet or withdraw. Identity verification is carried out by Sumsub. Document authenticity and a biometric facial match (comparing a selfie you provide against your identity document) are performed by Sumsub as part of this process.

3.3 Further Checks

We may request further information only where necessary to meet our legal or regulatory obligations, prevent fraud or perform financial-crime checks. We may restrict your Account until those checks are complete.

3.4 Underage Gambling

Underage Gambling — If we discover you are under 18, your Account will be closed immediately, all predictions voided, deposits returned (winnings not paid), and we may report the matter to authorities.

4. Your Account

4.1 Account Security

You are responsible for keeping your login credentials secret and secure and must not share them with anyone. If you suspect unauthorised access, change your password and contact us immediately.

4.2 Single Account

You may only hold one Account with versus. The Account must be in your own name and for your personal use only.

5. Duplicate Accounts

You may only register and operate a single Account. If we discover duplicate accounts, we are entitled to:

• Close the Duplicate Account (and potentially all accounts if deliberate)
• Void all predictions placed on the Duplicate Account
• Void all winnings accrued from the Duplicate Account
• Return legitimate funds to the original payment method after the investigation completes

One Account Only — Operating multiple accounts is a serious breach. Duplicate accounts will be closed and all associated winnings voided.

6. Deposits and Customer Fund Protection

Deposit Limit Reminder: Before your first deposit, you will be presented with the option to set deposit, spend, and loss limits as the default (RTS 12E). You must actively choose to either set a limit or confirm you do not wish to set one. You will be prompted annually to review your limits. Decreases take effect immediately. Increases are subject to a mandatory 24-hour cooling-off period, after which you must reconfirm your request.

Available deposit amounts are shown in the app before you confirm a deposit.

6.1 Accepted Payment Methods

You may use only a payment method that belongs to you as the verified Account holder. Available payment methods are shown in the app and payments are processed by Nuvei.

Credit and Corporate Cards — Credit cards and corporate cards are not accepted.

6.2 Customer Fund Protection

Customer Fund Protection — Customer funds are held in a designated UK customer-funds account with Xace, separately from operating funds. These arrangements do not provide protection in the event of insolvency; funds are classified as Not Protected under the Gambling Commission's customer fund protection requirements. This protection level is also shown to you on the deposit page.

7. Withdrawals and Limits

7.1 Withdrawals

You may withdraw your available (withdrawable) balance at any time, subject to verification. Withdrawals will be processed back to the same payment method used to make the original deposit (closed-loop policy). Where this is not technically possible, we may require an alternative payment method in your name and may request additional verification. We may pause a withdrawal where necessary to meet legal or regulatory obligations (including AML/CTF and fraud prevention) or where we have reasonable grounds to suspect prohibited activity. We will not request identity information at withdrawal which we could reasonably have requested earlier.

Promotional, bonus and referral balances are not withdrawable as cash and may only be used to place Predictions (see Section 17).

7.2 Market and Account Limits

Stake, payout and other limits may vary by Market or Account. Any limit that applies to a Prediction is displayed before you confirm it. You cannot place a Prediction above the applicable limit shown.

8. Placing Predictions

8.1 Acceptance

We are entitled to decline all or part of any Prediction in our sole discretion. We are not obliged to give reasons for declining a Prediction. Where capacity for an Outcome is limited, we may accept only part of your requested stake (and will tell you before you confirm).

8.2 Confirmation

A Prediction is only valid once accepted by our systems and you have received a unique transaction reference. Check your Account history if unsure.

8.3 Your Responsibility

It is your responsibility to ensure prediction details are correct. Once confirmed, a Prediction cannot be edited, and you cannot transfer or trade it to anyone else.

Withdrawing a Prediction early. Where we offer it, you may withdraw an open Prediction before the Market settles and take the amount shown to you at that moment. This is available only while the Market is still trading and only up to a proportionate period before its closing time; that period is shown in the app and we may vary it by Market. Inside that period, and once a Market has closed, a Prediction stands until it settles.

The amount offered is based on what your Prediction is worth at that moment and is lower than the Return you would receive if the Prediction won. It is calculated from the current Market price for your Outcome, less our deduction, and the amount you accept is the amount shown on screen at the moment you confirm. If the amount changes before you confirm, we will show you the new amount and ask you again. We may be unable to offer a withdrawal at times, for example when we have no current price for a Market.

Withdrawing is optional and final: the amount is credited to your Account balance straight away, your Prediction is closed, and it takes no further part in the Market — including if the Outcome you chose later wins.

Check Your Predictions — Always verify your confirmation before the event resolves.

9. How Odds, Returns and Our Fee Work

The Odds for each Outcome, and the Return you would receive if your Prediction wins, are shown before you place each Prediction. For example, for a £10 stake one Outcome may show a Return of £20 and another a Return of £40. The transaction Fee is shown and charged separately. By placing a Prediction you accept the Odds, Return, stake and Fee shown.

Our Fee. We charge a transaction Fee equal to 2% of the stake, in addition to the stake, with no maximum fee cap. The exact Fee applicable to your Prediction is shown before you confirm it. Available Fee Credit may be used only against this Fee.

The Return is displayed separately from the stake and Fee. The Fee is not deducted from the Return.

10. Settlement

10.1 How Markets Resolve

Each Market is settled according to its published resolution criteria, determined by the real-world outcome of the event from credible, widely-reported public sources and official or regulatory filings, in line with the underlying market we reference for pricing. The resolution basis for a Market is shown to you in the app before you bet.

Settlement takes place after the Outcome of the event is known or the Market's resolution date is reached — not necessarily at the moment an event concludes. Once settled:

• Won — the Return shown when you confirmed the Prediction is credited to your Account. The Fee was charged separately when the Prediction was placed.
• Lost — your stake is not returned.

Subsequent changes (appeals, disqualifications) do not affect settlement once a Market is settled.

10.2 Void and Cancelled Predictions

We may void or cancel Predictions, and refund the stake, if: the event integrity is questioned; there is evidence of match-fixing; predictions were placed using inside information; irregular betting patterns occurred; the Market is abandoned or cannot be resolved; or errors occurred in the Odds. Where a Prediction is cancelled, your stake is refunded to your Account.

Where an Outcome is withdrawn or changed before settlement (a "switched out" Outcome), affected Predictions are cancelled and stakes refunded.

10.3 Rounding

For settlement purposes, all amounts are rounded down to 2 decimal places.

11. Prohibited Activities

The following activities are prohibited:

• Using our Services for illegal purposes including money laundering or fraud
• Providing false or misleading information
• Operating more than one Account
• Allowing others to use your Account
• Using your Account commercially or for third parties
• Using stolen or unauthorised payment methods or funding your account using funds belonging to another person
• Engaging in arbitrage betting, matched betting, or bonus abuse
• Using automated systems, bots, or software
• Colluding with others or cheating
• Using insider information
• Past-posting (betting after knowing the outcome)
• Using a VPN to disguise your location
• Exploiting errors or loopholes
• Circumventing safer gambling measures
• Behaving abusively towards staff
• Posting objectionable, abusive, harassing, hateful, defamatory, obscene, or otherwise inappropriate content in comments or any community feature, or behaving abusively towards other users

Zero tolerance for objectionable content — We operate a strict zero-tolerance policy for objectionable content and abusive users in all community features. You can flag any comment and block any user directly in the app. Reported content is reviewed by our moderation team and, where it violates these Terms, removed within 24 hours; offending accounts are suspended or terminated.

Consequences — If you engage in Prohibited Activities, we may void predictions, withhold winnings, close your Account, and report you to authorities.

12. Account Suspension and Closure

If we suspect Prohibited Activity, we will suspend your Account without notification while we investigate. Your funds cannot be accessed during suspension.

If investigation confirms Prohibited Activity, we will permanently close your Account. We may also close accounts for convenience (with 14 days' notice), abusive behaviour, regulatory reasons, or safer gambling reasons.

On closure, positive balances will be returned to the original payment method except if you engaged in illegal activity or Prohibited Activities. Any legitimate funds retained pending investigation will be returned after the investigation completes, where return is permitted by law.

If no transaction has been recorded on your Account for 12 months, we will treat your Account as dormant and contact you; if it remains inactive we may close it and return any balance to you.

13. Betting Rules

Your Predictions are subject to our Betting Rules (Rules of Play), which form part of these Terms and include:

• Market-specific resolution and settlement rules
• Dead heat rules and stake division
• Postponement and abandonment rules
• Rules for events that are voided, rescheduled or cannot be resolved
• Live/in-play rules where offered
• Entertainment, novelty and event-market rules

Read the Rules — Our full Betting Rules and each Market's resolution criteria are available in the app and on our website. In case of conflict, these Terms take precedence.

14. Errors, Malfunctions and Interruptions

14.1 Palpable Errors

"Palpable Error" means an obvious mistake in odds, prices, or terms, where odds are significantly out of line with the market or there is a system/human error.

14.2 Our Rights

If errors occur, we may: suspend affected Markets; void affected Predictions; withhold winnings credited in error; correct your Account balance; or settle at corrected odds.

Error Policy — If a Palpable Error (as defined in Section 14.1) occurs, we will void the prediction or settle at corrected odds as described above. For any other errors that do not meet the definition of a Palpable Error, we reserve the right to correct your Account balance. If you have withdrawn winnings credited in error, you must repay them. Deliberately exploiting known errors is a Prohibited Activity.

15. Limitation of Liability

Nothing excludes our liability for death/injury from negligence, fraud, or any liability which cannot be excluded by law.

Subject to the above, we are not liable for: unforeseeable losses; business losses; use in breach of Terms; errors/malfunctions; events outside our control; your circumvention of safer gambling measures; or regulatory compliance matters.

16. Safer Gambling

We provide tools to help you manage your gambling, available under Settings → Safety Play:

• Deposit, loss and time limits — set on a daily, weekly or monthly basis. Decreases take effect immediately; increases are subject to a cooling-off period. Where you raise a limit repeatedly in a short period, we may start a short cool-off.
• Take a break (time-out) — block access to your Account for 1, 3 or 7 days.
• Self-exclusion — exclude yourself for 6 months to 5 years, or permanently. During self-exclusion your Account is closed, your balance is returned, you are removed from marketing, and you cannot open new accounts. A minimum self-exclusion period of 6 months applies.
• Account history — view your prediction history and running totals of stakes and winnings/losses.

versus participates in GAMSTOP (www.gamstop.co.uk) — the national self-exclusion scheme — and signposts BetBlocker.

Getting Help — GamCare: www.gamcare.org.uk (National Gambling Helpline 0808 8020 133) | BeGambleAware: www.begambleaware.org | GAMSTOP: www.gamstop.co.uk

17. Promotions, Bonuses and Referrals

From time to time we may offer promotions, bonuses, vouchers, referral rewards or other incentives. Where we do:

• Promotional value is not cash. Fee credit offsets only the transaction Fee and cannot be used to fund a stake. Wallet credit and any other promotional balance are held separately from your cash balance. Promotional value is not withdrawable or transferable unless the specific promotion terms expressly say otherwise.
• Share & Earn (referrals). You may invite others using your personal referral link. Where a referral reward applies, it is credited only once your invitee places their first qualifying Prediction, and may include a sign-up bonus and/or an ongoing reward. Referral earnings may be shown as a separate "Share & Earn" balance.
• Vouchers. A voucher code may be redeemed once and may grant fee credit or wallet credit. A fee-credit balance may be applied across multiple eligible Predictions until it has been used. Any expiry or additional condition applies only where it is stated in the specific promotion terms. A verified Account is required and a voucher cannot be redeemed while the Account is self-excluded.
• £200 pre-launch waitlist fee credit. Each person recorded as registered for the versus waitlist before operational launch is eligible to redeem one voucher for £200 of fee credit from operational launch, after registering an Account and completing identity verification. The credit offsets only the 2% transaction Fee, does not fund the stake and is not withdrawable or transferable as cash.
• Terms apply. Each promotion's specific terms and qualifying conditions, including any cap or expiry that applies, are made readily accessible for the duration required by the promotion. All promotional and marketing communications comply with the CAP and BCAP Codes.

If you engage in bonus abuse, arbitrage or matched betting in connection with a promotion, we may withdraw the promotion, void related predictions and withhold associated winnings (see Section 11).

18. Complaints and Disputes

For questions, contact support@versusapp.com. For formal complaints, email complaints@versusapp.com with your username, name, and detailed description. We acknowledge within 24 hours and respond within 72h.

If your complaint remains unresolved after 8 weeks, or you receive a final response you are not satisfied with, you may refer the dispute to IBAS (Independent Betting Adjudication Service) at www.ibas-uk.com. IBAS provides free adjudication and decisions are binding on us.

19. Privacy and Data Protection

Your data is processed per our Privacy Policy. We collect data for services, identity verification (via our regulated verification providers), fraud prevention, and legal compliance. We may share with regulators and law enforcement. Contact dpo@versusapp.com for questions.

20. Changes to These Terms

We may change Terms for legal, service, security, or business reasons. Minor changes take effect immediately. Material changes will be notified in advance and you will be required to acknowledge them before continuing to bet. Continued use constitutes acceptance.

21. Other Legal Terms

• These Terms constitute the entire agreement
• Invalid provisions will be severed
• Our failure to enforce any right does not waive it
• You may not transfer your rights; we may transfer ours

Governing Law — These Terms are governed by the laws of England and Wales. The courts of England and Wales have exclusive jurisdiction.

22. Contact Information

— End of Terms & Conditions — Version 4.2 — August 2026