Common Contracts

1 similar Staking Agreement contracts

Staking Agreement
Staking Agreement • November 8th, 2020

If, after Player receives the Stake from Backer, Player determines he does not wish to enter the Event, Player shall immediately contact Backer to communicate the reasons Player does not wish to enter the Event. Player shall have the discretion to decide not to enter the Event; however, if Player does not play in the Event, Player shall immediately return the entire Stake to Backer. Player shall distribute any winnings from the Event according to the terms of this Agreement. If Backer is unable to provide the Stake to Player prior to Player’s entry into the Event, then the Player has the option of advancing the amount of the Stake from Player’s funds. If Player advances the Stake, then Backer must provide the Stake to Backer within twenty four hours of the commencement of the Event. If Player advances the Stake, then Player shall provide Backer with Backer’s percentage of the Net Win unless Backer fails to provide the Stake within twenty four hours of the commencement of the Event or u

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