Terms of Service

ZimCast Terms of Service (v1)

ZimCast is a prediction market for Zimbabwean events. It is not a bank and not a crypto service. You must be at least 18 years old to register and trade.

1. Eligibility & Identity. You must confirm you are 18 or older. The national ID you provide is self-entered and is NOT verified against any third-party or government database; you are responsible for its accuracy.

2. How markets work. Each market is a binary YES/NO question settled on a parimutuel pool model. All money staked on an outcome forms a shared pool. When a market resolves, winners split the entire market pool in proportion to their stake. There is no automated market maker and no early selling — positions are held until the market resolves.

3. Fees. ZimCast charges a 2% settlement fee on winnings only (no fee on losing or refunded positions).

4. Trade limits. The minimum trade is $0.50 and the maximum single trade is $500. Your total exposure per market may not exceed $1000.

5. Deposits & withdrawals. Deposits and withdrawals use EcoCash (primary) and InnBucks, both processed through Paynow Zimbabwe. The minimum withdrawal is $5 and a flat $1 withdrawal fee applies. Withdrawals are capped at $1000 per rolling 24-hour period.

6. Resolution & disputes. Resolved markets open a 6-hour dispute window during which a position holder may flag the result before payouts are released.

7. Risk. Trading involves real money and you can lose the funds you stake. Only trade what you can afford to lose.