HotTakes - Rule Set
By using the HotTakes app, each user agrees that he or she has reviewed and accepts these contest rules ("Rules") and HotTakes's Privacy Policy and Terms of Service, respectively.
Game Overview
HotTakes is a free-to-play sports betting simulator where you can win real cash prizes. It's perfect for beginners and sports fans to experience the excitement of sports betting—risk-free!
HotTakes is 100% free, and we will not ask for any deposits or purchases. Once your account is made, you'll earn several Pick Tokens each day. When your picks are successful, you win coins, which can be redeemed for cash prizes through the app.
Mechanical Overview
Virtual Currencies: HotTakes utilizes three distinct virtual currencies: Pick Tokens, Coins, and EXP. Each currency serves a unique purpose within the app and interacts with other game features as outlined below:
Pick Tokens
Purpose: Pick Tokens are the exclusive currency used for placing wagers within the HotTakes platform. They cannot be used for any other purpose, such as depositing funds or buying tokens directly.
Earning: Users are awarded a random number of Pick Tokens daily upon logging into the app. The number of tokens granted is based on a predefined range and average.
Distribution: The daily distribution of Pick Tokens follows a random model, ensuring that each user within a specific region has an equal opportunity to receive a higher or lower number within the set range.
Coins
Purpose: Coins represent a form of virtual currency that can be exchanged for real-world value.
Earning: Coins are earned by users through three methods:
as a result of winning wagers through the HotTakes App
as an incentive for referring new users to HotTakes (US only)
as a reward from interacting with our sportsbook partners (US only)
Conversion: Coins can be withdrawn as either cash or Bitcoin, amounting to $1 of local currency for 1,000 Coins.
Usage: Coins cannot be used for wagering. Once earned, Coins cannot be converted back into Pick Tokens, ensuring a clear separation between the two currencies. They are solely used for withdrawals in cash or Bitcoin.
EXP (Experience Points)
Purpose: EXP serves multiple functions within the app:
Aesthetic Enhancements: EXP allows users to unlock profile upgrades, such as badges, skins, and other visual customizations.
Withdrawal Limit Increases: As users accumulate more EXP, their ability to withdraw higher amounts of cash or Bitcoin increases over time.
Earning: EXP can be earned through three methods:
Users receive a daily reward of 5 EXP for logging in, which is constant across regions but may be subject to regional variations.
By registering with our sportsbook partners (no deposit / bet necessary)
By referring new users to HotTakes
Impact on Withdrawal Limits (US): The total withdrawal limit is linked to a user's EXP balance. Each user starts with a withdrawal limit of $5. As a user progresses through ranks, their withdrawal limits increase. These ranks are configured as follows:
Rookie
Athlete
All Star
Elite
Champion
Hall of Fame
Each rank is tied to specific EXP thresholds, which are currently consistent across regions but are subject to change and may be adjusted regionally.
Eligibility for Participation
All eligible participants ("Players") using this app must comply with all terms and conditions of these Rules. Additionally, Players must adhere to Section 18 of HotTakes Terms of Service, which details relevant representations and warranties related to, inter alia, participation eligibility.
Further, Players must only maintain one user account and solely act on their own behalf when using the platform.
Additionally, Players must only use the HotTakes app or website in jurisdictions where such access and use are not explicitly prohibited or illegal.
Players must be the legal age of majority in their jurisdiction.
Participants are required to disclose any affiliations with HotTakes, its parent company, subsidiaries, affiliates, sponsors, or any companies involved in the development, production, or distribution of the HotTakes app that could potentially affect their eligibility. Failure to disclose such affiliations may result in disqualification and forfeiture of any prizes won.
The app will be live in various Canadian provinces besides Ontario, but sportsbook promotions will remain unavailable in those provinces due to a closed sportsbook market.
Regional Differences
United States:
Users are rewarded with both EXP and Coins for their activities
Coins earned from referrals and sportsbook interactions immediately increase withdrawal capacity
Canada:
Users are rewarded exclusively with EXP for their activities
Constant withdrawal limits for coins earned through wagering
The app will be live in various Canadian provinces besides Ontario, but sportsbook promotions will remain unavailable in those provinces due to a closed sportsbook market
Age Restrictions
The minimum age to participate varies by jurisdiction. In Ontario, the minimum age is 19. For US states, the minimum age requirements are as follows:
State | Legal Age |
---|---|
Arizona | 21 |
Arkansas | 21 |
Colorado | 21 |
Connecticut | 21 |
Delaware | 21 |
Florida | 21 |
Illinois | 21 |
Indiana | 21 |
Iowa | 21 |
Kansas | 21 |
Kentucky | 18 |
Louisiana | 21 |
Maine | 21 |
Maryland | 21 |
Massachusetts | 21 |
Michigan | 21 |
Nevada | 21 |
New Hampshire | 18 |
New Jersey | 21 |
New York | 21 |
Ohio | 21 |
Oregon | 21 |
Pennsylvania | 21 |
Rhode Island | 18 |
Tennessee | 21 |
Vermont | 21 |
Virginia | 21 |
Washington, D.C. | 18 |
West Virginia | 21 |
Wyoming | 18 |
Publicity
Prize winners agree that their names, location, social media posts, and/or photos and videos tagged in response to competition posts ("Competition") may be used for marketing purposes. By participating in the Competition, the winners ("Winners") agrees to refrain from any behavior or communication that would harm the image or reputation of HotTakes, the HotTakes user community.
Eligibility to Earn Prizes
All prizes are awarded as is and without warranties of any kind, either express or implied, including, but not limited to, implied warranties of merchantability or fitness for a particular purpose.
Some jurisdictions may not allow (or may limit) disclaimers of certain warranties, in which case the foregoing disclaimers will be enforced to the maximum extent permitted by law.
Eligibility for prize contests are contingent upon either US or Canadian residency and the age of majority in your residential province or state. Players may not collude or attempt to collude with other Players during any contest they choose to participate in.
Players are solely responsible for all applicable federal, state, and local taxes on prizes.
User Rewards and Incentives
Users are incentivized for various activities within the HotTakes platform, including registration, registering or placing bets with sportsbook partners, referring new users, and helping those referrals progress in the game.
Referral Rewards
Users receive rewards when they refer new users to the app. These rewards can be distributed in Coins and/or EXP, and the mix of rewards can vary by region.
Bonus Rewards for Referral Progression: Users are further rewarded when the individuals they have referred reach new ranks within the app. These rewards can be in the form of Coins and/or EXP.
United States
EXP and Coin Rewards: In the United States, users are rewarded with both EXP and Coins for their activities. The Coins can be converted to cash or Bitcoin, providing a financial incentive, while EXP contributes to aesthetic profile enhancements and increasing withdrawal limits.
Coins earned from referrals and sportsbook interactions immediately increase a user's withdrawal capacity by their equivalent monetary value. These rewards are not subject to rank-based limits and are instantly withdrawable.
Canada
EXP-Only Rewards: In Canada, users are rewarded exclusively with EXP for their activities.
Constant Withdrawal Limit: In Canada, there are constant withdrawal limits for coins earned through wagering.
Publicity
Prize winners agree that their names, location, social media posts, and/or photos and videos tagged in response to competition posts ("Competition") may be used for marketing purposes. By participating in the Competition, the winners ("Winners") agrees to refrain from any behavior or communication that would harm the image or reputation of HotTakes, the HotTakes user community.