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Layerbet is a decentralized betting platform built on top of smart contracts . While we strive to provide a secure and transparent experience, users should be aware of the following risks:

Smart Contract Risk

  • All betting, liquidity, and payout operations are governed by smart contracts deployed on public blockchains.
  • Although these contracts have been independently audited, no smart contract is ever completely risk-free to use.
  • Users are encouraged to review the latest audit reports, which are available here.
  • Exploits or unforeseen bugs could result in loss of funds or disruption of service.

Financial Risk

  • Betting on sports, esports, or world events involves the risk of losing your wagered funds.
  • Never use money you can’t afford to lose.
  • Past performance or outcomes do not guarantee future results.

General Platform and Blockchain Risks

  • Network congestion, high gas fees, or blockchain outages may delay or prevent transactions.
  • The value of cryptocurrencies can be volatile, affecting the value of your deposits and winnings.
  • Regulatory changes or restrictions in your jurisdiction may impact your ability to use the platform.
  • Technical errors or exploits on the front-end could result in loss of funds or disruption of service.

Disclaimer

Layerbet is a non-custodial, decentralized platform. Users are solely responsible for their actions and funds.