Legal
Updated July 20, 2026
These Terms of Service have been updated as of July 20, 2026, and supersede and replace all prior Terms & Conditions. These Terms of Service ("the Terms" or "TOU") form a binding agreement between You and Layup Inc. ("Layup Inc.," "Us," "We"), the company that operates the Matched platform ("Matched"), which provides all of the terms and conditions governing Your access and use of www.usematched.com and any related Matched applications (the "Platform") as well as Your creation of Your Customer Account, use of the Matched Wallet and related savings features on the Platform, and any transactions or dealings with Us in any way (collectively, the "Services"). Layup Inc. reserves the right to amend or revise these Terms of Service at any time without notice. You are advised to check the Terms of Service regularly for any amendments or updates.
Apple and Google do not sponsor and are not involved with any Matched promotion.
These Terms of Service apply to you and are binding on you if you choose to use the Services.
You must read these Terms of Service in their entirety before accepting these Terms of Service in the mobile application. By utilizing the Platform you are accepting these Terms of Service, you confirm that you have read and agree to be bound by these Terms of Service, which include and are linked to our Privacy Policy and other terms relevant to your use of the Services.
If you do not agree with any provision of these Terms of Service or any other linked policy or terms, you must not accept the terms provided in the mobile application, and you must not use the Service.
ONLY PERSONS IN THE UNITED STATES OF AMERICA ARE ELIGIBLE TO SIGN UP TO MATCHED, SUBJECT TO THESE TERMS OF SERVICE.
Layup Inc. is a financial technology company, not a bank. Banking services provided by nbkc bank, Member FDIC.
Matched, We, or Our means Layup Inc., the company that operates the Matched Platform.
Matched Wallet refers to your savings balance that may be held at nbkc bank ("Bank") in an omnibus custodial account ("Omnibus Account") for your benefit.
Wallet Balance represents the pending balance of a Matched Wallet.
Customer Account encompasses the entire profile of a customer, made up of the Wallet Balance, Matched Wallet, etc.
Platform means a mobile application or technology belonging to, or licensed to, Layup Inc.
Fraudulent Conduct means any of the conduct described in Section 5.
Terms of Service means these Terms of Service, as amended from time to time.
Content means text, graphics, user interfaces, visual interfaces, photographs, trademarks, logos, sounds, music, artwork, computer code, and other material used, displayed, or available as part of the Platform.
Game means a specific sporting event.
Included Territory refers to locations from which a user can access or use the Services. Currently the United States of America.
Excluded Territory refers to locations from which a user cannot access or use the Services. Anywhere that is not part of the Included Territory.
User(s) refers to any individual who uses the Platform.
Recurring Deposit means an automated electronic fund transfer (ACH) from your linked bank account.
Business Day means any day on which banking institutions are generally open for business, Monday through Friday, excluding federal holidays.
Regular Season Schedule means the official regular season game schedule for professional sports teams as published by the respective leagues, excluding playoff, preseason, or exhibition games.
Bet means an individual wager placed on a linked sportsbook account. Each bet contains information including the amount wagered and the timestamp when the bet was placed.
Bet Deposit Calculation means the process of applying your Bet Deposit Rule to all bets in a Bet Refresh Batch to determine the total deposit amount before applying any limits.
Bet Refresh means the retrieval of updated betting activity from your linked sportsbook accounts via Sports Betting Data Providers. A Bet Refresh can be triggered by: (a) opening the Matched app, (b) manually refreshing the Bet Match tab, or (c) when Matched receives updated data from the Sports Betting Data Provider. Each Bet Refresh may trigger a Bet Refresh Deposit if you have an active Bet Deposit Rule and new bets are identified.
Bet Refresh Batch means all new bets identified and retrieved during a Bet Refresh. This batch contains only bets that have been placed since your last successful Bet Refresh and within the Bet Match Eligibility Period.
Bet Refresh Deposit means the actual ACH deposit transaction initiated from your linked bank account to your Matched Wallet following a Bet Refresh. The deposit amount equals the lesser of: (a) your Bet Deposit Calculation, or (b) your Bet Refresh Deposit Limit.
Bet Match means the automated savings feature that initiates ACH deposits (Bet Refresh Deposits) based on sports betting activity data received from Sports Betting Data Providers.
Bet Deposit Rule means your personalized savings configuration that determines how much you save based on betting activity. It includes: (a) Rule Type (currently: flat amount per bet), (b) Rule Value (the fixed dollar amount per bet), and (c) Rule Conditions (which bets qualify). It also includes your Bet Refresh Deposit Limit and your connected sportsbook accounts.
Bet Deposit Rule Amount (also called "Rule Value" or "Per-Bet Amount") means the fixed dollar amount you choose to save per bet placed on connected sportsbook accounts.
Bet Refresh Deposit Limit means the maximum dollar amount that can be deposited in a single Bet Refresh Deposit transaction, equal to ten (10) times your Bet Deposit Rule Amount.
Bet Match Eligibility Period means the thirty (30) day period preceding a Bet Refresh during which bets must have been placed to be eligible for inclusion in a Bet Refresh Deposit.
Bet Match Rule Activation Timestamp means the date and time when you first activate or enable your Bet Deposit Rule. Only bets placed after this are eligible to contribute to Bet Refresh Deposits.
Sportsbook Account (or "Linked Sportsbook Account") means a third-party online betting account (e.g., FanDuel, DraftKings, BetMGM) that you can connect to Matched through a Sports Betting Data Provider.
Sports Betting Data Provider means a third-party service (such as SharpSports) that Matched integrates with to access betting activity from your linked sportsbook accounts.
Restrictions
2.1 You hereby declare and warrant that:
(a) you are over 18 years of age.
(b) you are a resident of the United States of America.
(c) all information that you provide to us during the term of validity of these Terms of Service is true, complete, and correct, and you will immediately notify us of any change to such information.
2.2. It is a User's responsibility to ensure that their use of the Platform is lawful in their jurisdiction. Any person who is knowingly in breach of this clause, including any attempt to circumvent this restriction, for example, by using a VPN, proxy, or similar service that masks or manipulates the identification of your real location, or by otherwise providing false or misleading information about your location or place of residence, or by using the Platform through a third party or on behalf of a third party located in a jurisdiction where it is unlawful to do so, is in breach of these Terms of Service. You may be committing fraud and may be subject to criminal prosecution.
Single Account
3.1. You are allowed to have only one Customer Account on the Platform. If you attempt to open more than one Customer Account, all accounts you have opened or try to open may be canceled or suspended, and the consequences described in Section 5 may be enforced.
3.2. You must notify us immediately if you notice that you have more than one registered Customer Account on the Platform.
3.3. You are prohibited from allowing anyone else to access or use your Customer Account for any purpose.
Accuracy
3.4. You are required to keep your registration details up to date at all times. If you change your address, email, phone number, or any other contact or personal information, contact support@trylayup.com in order to update your details. The name that you provide to us at registration must be identical to that listed on your government-issued identification.
Password
3.5. As part of the registration process, you will have to choose a password to login into the Platform. It is your sole and exclusive responsibility to ensure that your login details are kept secure. You must not disclose your login details to anyone. We are not responsible for any abuse or misuse of your Customer Account by third parties due to your disclosure of your login details to any third party, whether such disclosure is intentional or accidental, active or passive. If your password is lost or stolen, or if there is unauthorized use of your account, contact us immediately at support@trylayup.com.
Account Transfers
3.6. You are not allowed to transfer your Customer Account, or any balance held in it, to another Customer Account or to other Users.
Closing of Customer Accounts
3.7. If you wish to close your Customer Account, you may do so at any time by selecting the "Request Account Deletion" link on the Platform and submitting a request to close your Customer Account. The effective closure of the Customer Account will correspond with the termination of the Terms of Service.
3.8. You will not be able to reopen your previously closed Customer Account. You can create a new account in line with clauses 2.1 and 3.1.
Discretion to Refuse or Close Accounts
3.9. We reserve the right to refuse or close a Customer Account at our sole discretion, but any contractual obligations already made by us will be honored accordingly.
Identity Verification
3.10. Identity Verification
(a) In-App AeroPay Verification. Matched may require you to complete identity verification directly within the Matched app using the AeroPay verification workflow.
(b) Privacy and Data Handling. All personal information collected during the AeroPay verification process will be handled in accordance with our Privacy Policy and applicable law.
3.11. ACH Returns and Account Suspension
If any Automated Clearing House (ACH) transaction initiated by you is returned for any reason (e.g., non-sufficient funds, closed account, or invalid account number), we reserve the right, at our sole discretion, to suspend, restrict, or permanently close your account. All active Recurring Deposits will be placed on hold until the issue is resolved.
We may notify you of the returned transaction and any resulting action via email or in-app message.
If your account is suspended due to an ACH return, you may request reinstatement by contacting support@trylayup.com. We will consider reinstatement on a case-by-case basis. Excessive ACH returns may result in permanent restriction from using certain app features or account termination.
4.1 Deposit Network Service Acknowledgement. When you complete the Matched Wallet Setup a Matched Wallet is included to hold your savings balance.
By utilizing the Matched Wallet, your beneficial funds may be held at nbkc bank ("Bank") in an omnibus custodial account ("Omnibus Account"). In its ordinary course of business, Bank may deposit your funds into a network of other FDIC-insured depository institutions (each a "Network Bank" and together, the "Network Banks") through a deposit network program administered by a third-party service provider ("Deposit Network Administrator") and held in custody by a third-party custodian (the "Custodian Bank") (a "Deposit Network Service"). To facilitate the placement of these funds, you appoint nbkc bank as your agent with respect to the Deposit Network Service, further authorizing nbkc bank to appoint a Deposit Network Administrator. At any given time, all, none or a portion of the funds deposited into your Omnibus Account may be placed into a Deposit Network Service and held beneficially in your name at Network Banks. You are not required or permitted to take any action with respect to the Deposit Network Services. The use of the Deposit Network Services will not create a direct relationship between you and: (i) any of the Network Banks, (ii) the Deposit Network Administrator or (iii) the Custodian Bank. The Deposit Network Administrator, as agent of Bank, maintains records of the balance of each depositor beneficially held at each Network Bank. Bank utilizes Deposit Network Services provided by ModernFi Advisers, LLC, a Delaware limited liability company ("ModernFi") and your account will receive services exclusively from the designated Deposit Network Administrator. For a list of participating network banks, visit: https://www.modernfi.com/nbkcbanklist
4.2 Applicability and Impact of FDIC Insurance. The FDIC is an independent agency created by the United States Congress that provides deposit insurance to depositors in commercial banks and savings institutions legally chartered to offer banking services in the United States. FDIC deposit insurance is backed by the full faith and credit of the United States government. FDIC deposit insurance covers the depositors of a failed FDIC-insured depository institution dollar-for-dollar, principal plus any interest accrued, through the date of a bank failure, up to at least the then current Standard Maximum Deposit Insurance Amount, or "SMDIA," as determined by the FDIC. As of July 17, 2019, the SMDIA is $250,000. As a part of the Deposit Network Services, the amount of your beneficial funds from the Omnibus Account deposited at any Network Bank will not exceed the then applicable SMDIA. As a result, assuming that you have no funds in any of the Network Banks, your funds would be eligible for extended protection through FDIC insurance once funds arrive at the Network Banks. The Deposit Network Service allocates funds solely on data provided to it by Bank. Therefore, if you or Bank maintain funds at any of the Network Banks directly or through an intermediary, your funds at such Network Bank may not be fully insured by the FDIC in the event the aggregate balance of all accounts beneficially owned by you at such Network Bank exceeds the then-current SMDIA. In the event you have funds at any of the Network Banks, your deposit insurance coverage may be adversely affected, and your principal and any accrued interest may not be fully insured by the FDIC, even if the total amount deposited in that Network Bank through the Deposit Network Service is less than the SMDIA. Therefore, you may be subject to loss in the event of a failure of a Network Bank if the aggregate amount of your beneficial funds exceeds the SMDIA at such institution. To learn more about FDIC insurance please carefully review the information provided by the FDIC at: https://www.fdic.gov/deposit/deposits.
4.3 Payment Scheduling Service Terms: By opening a Matched Wallet, you authorize us to automatically withdraw funds from a linked bank account that you select during enrollment ("Linked Account"), in the amount and in the frequency (such as weekly or monthly) you designate during enrollment, subject to the Electronic Fund Transfer ("EFT") Authorization (see ACH terms below, to which you agree when you create a Matched Wallet).
We'll hold your funds in a custodial account as described below. We'll continue to automatically withdraw funds from your Linked Account to hold in the custodial account, unless: (a) you tell us to stop by contacting our customer support team by selecting the "Contact Us" link on the Platform or by emailing support@trylayup.com; (b) you close your Matched Wallet; or (c) we're unable to process your transfer (e.g., if there are insufficient funds in your Linked Account).
You're solely responsible for ensuring your Linked Account has sufficient funds for each withdrawal at the time such funds are withdrawn. You're also responsible for ensuring each savings amount designated by you is appropriate for your particular situation. If you don't have sufficient funds in your Linked Account, you may incur an insufficient funds or overdraft fee from your bank, and we bear no liability for any fee that may be imposed by your bank.
You remain the legal owner of the funds held for your benefit in the custodial account. However, you may not use your savings funds while held in the custodial account to make any purchases, withdraw cash (other than to transfer your funds back to your Linked Account), transfer funds to any third party, or for any other purpose.
Your savings funds will remain in the custodial account until you instruct us to transfer your funds back to your Linked Account. It may take up to 5 business days from when we receive your request to complete the transfer. It's important for you to know the amount of funds you've saved before you request a transfer to your Linked Account. If you instruct us to transfer your funds back to your Linked Account and the amount of your requested transfer exceeds the amount of your savings funds, your request will be declined. Additionally, transfers are subject to limits outlined in Section 14.
You may check your savings fund balance and initiate a transfer back to your Linked Account at any time by accessing your savings through the Platform. You authorize us to transfer your funds back to your Linked Account without notice to you if: (a) you terminate your Matched Wallet; (b) we're required to do so under applicable law or by any government agency; or (c) we, in our sole discretion, suspect that your use of savings is for illicit purposes or otherwise is in violation of these Terms.
Authorization and Setup
4A.1 Preauthorized Electronic Fund Transfer Authorization. By creating a Recurring Deposit, you authorize Layup Inc. to initiate automatic electronic fund transfers (ACH debits) from your linked bank account based on the upcoming schedule detailed in app, which is based on your selected team's schedule and the deposit amount you select. This authorization constitutes your written agreement for preauthorized transfers under Regulation E and the Electronic Fund Transfer Act.
4A.2 Team-Based Scheduling. Recurring Deposits are scheduled to occur on each day your selected team has a regular season game according to the official league schedule. Deposits are processed at 10:00 AM Central Time on business days. Changes to schedules can occur, and Matched will provide upcoming transactions via the app, with at least 7 days notice.
4A.3 Multiple Team Selection. You may establish up to five (5) separate Recurring Deposits, each following a different team. Each Recurring Deposit operates independently with its own deposit amount and schedule.
4A.4 Deposit Amounts. Each Recurring Deposit must specify a fixed dollar amount that will be debited from your linked account on each scheduled game day. This amount is subject to your daily deposit limits as outlined in Section 14.
Schedule Changes and Notifications
4A.5 Schedule Finalization. Team game schedules are considered final seven (7) days prior to each scheduled game. We will provide you notice of upcoming deposits at least seven (7) days in advance.
4A.6 Game Postponements and Changes. If a game is postponed, cancelled, or rescheduled with less than seven (7) days notice, the scheduled deposit will still be processed as originally planned, regardless of whether the sporting event takes place.
Cancellation and Modification Rights
4A.7 Right to Cancel. You may cancel any Recurring Deposit at any time through the Platform. However, to cancel a specific upcoming deposit, you must do so at least three (3) business days before the scheduled deposit date.
4A.8 No Partial Cancellation. You cannot cancel individual future deposits while maintaining the Recurring Deposit arrangement. Any cancellation will terminate the entire Recurring Deposit series for that team.
4A.9 Modification of Amount. To change the deposit amount for a Recurring Deposit, you must cancel the existing arrangement and create a new Recurring Deposit with your desired amount.
4A.10 Team Changes. To change teams for an existing Recurring Deposit, you must cancel the current arrangement and create a new Recurring Deposit for your desired team.
Failed Deposits and Account Holds
4A.11 Failed Deposit Consequences. If any Recurring Deposit fails or is returned for any reason (including insufficient funds, closed account, or invalid account information), all Recurring Deposits associated with your account will be immediately placed on hold.
4A.12 Reinstatement Process. To reinstate Recurring Deposits after a failed transaction, you must contact customer support at support@trylayup.com. Reinstatement is at our sole discretion and will be considered on a case-by-case basis.
4A.13 Excessive Returns. Excessive ACH returns may result in permanent restriction from using Recurring Deposits, suspension of other deposit features, or termination of your account.
Regulatory Compliance and User Rights
4A.14 Regulation E Rights. You have the right to:
Stop payment on any Recurring Deposit by notifying us at least three (3) business days before the scheduled transfer
Receive advance notice of transfers as described in this section
Cancel this authorization at any time
Receive error resolution assistance in accordance with Regulation E
4A.15 Your Responsibilities. You are responsible for:
Ensuring sufficient funds are available in your linked account for each scheduled deposit
Monitoring game schedules and deposit notifications
Updating your contact information to receive required notifications
Understanding that deposits may occur regardless of game postponements or cancellations if notice is provided less than seven (7) days in advance
4A.16 Seasonal Limitations. Recurring Deposits only apply to regular season games. No deposits are scheduled for playoff games, preseason games, or off-season periods. When your selected team's regular season ends, no further deposits will be scheduled until the next regular season begins.
4A.17 Sports Schedule Dependency. Deposit schedules are based on official league schedules, which are subject to change. Matched is not responsible for league scheduling decisions, game postponements, or cancellations. You acknowledge that sports schedules may change and agree to the notification and processing terms outlined in this section.
4B.1 What is Bet Match?
Bet Match is an automated savings feature that helps you save money based on your sports betting activity. When you place bets on connected sportsbook accounts, Bet Match automatically deposits a fixed amount you choose into your Matched Wallet.
4B.2 How Bet Match Works
(a) Basic Function. You select a fixed dollar amount to save per bet (your "Bet Deposit Rule Amount"). When a Bet Refresh occurs, we calculate how many new bets you have placed since your last refresh and initiate one consolidated deposit equal to your Bet Deposit Rule Amount multiplied by the number of new bets.
(b) Bet Refresh Triggers. A Bet Refresh occurs when Matched receives data from SharpSports or you manually refresh via the application. Matched typically initiates background refreshes daily at 5:00 AM CT, but may initiate refreshes at other times at its discretion.
(c) Example. If you set your Bet Deposit Rule Amount to $5 per bet and you have placed 8 bets since your last Bet Refresh, we will initiate a $40 deposit from your linked bank account into your Matched Wallet.
4B.3 Your Authorization
By creating a Bet Deposit Rule and completing the required authorization form, you authorize Layup Inc. to initiate ACH debit entries (Bet Refresh Deposits) from your linked bank account based on betting activity obtained from Sports Betting Data Providers in accordance with the terms of this Section 4B. This is a standing authorization for recurring variable-amount debits that are triggered automatically following each Bet Refresh that identifies new bets in your Bet Refresh Batch. This authorization remains in effect until you cancel your Bet Deposit Rule.
4B.4 Data Sources and Fund Sources
(a) Where Betting Data Comes From. Your betting data (number of bets, timing, etc.) comes from Sports Betting Data Providers (such as SharpSports), which you authorize to access your sportsbook accounts. Matched does not directly access your sportsbook accounts. (b) Where Your Deposits Come From. Funds for your Bet Match deposits are withdrawn from your linked bank account (e.g., your Chase checking account), not from your sportsbook accounts. (c) Bet Refresh Frequency. Bet Refreshes occur: when you open the Matched app; when you manually refresh via the Bet Match tab in the app; or when Matched receives updated data from the Sports Betting Data Provider. Each Bet Refresh checks for new bets placed since your last successful refresh.
4B.5 Deposit Amounts and Limits
(a) Your Bet Deposit Rule. You select your Bet Deposit Rule, which determines how much you save per bet: Rule Type: Flat amount per bet (current implementation); Rule Value: The fixed dollar amount you choose per bet placed (your "Bet Deposit Rule Amount"); Rule Conditions: Currently applies to all bets from connected sportsbooks. (b) Bet Refresh Deposit Limit. Each Bet Refresh is subject to the Bet Refresh Deposit Limit, which is the maximum amount that can be deposited in a single Bet Refresh Deposit transaction. This limit equals 10x your Bet Deposit Rule Amount. (c) Daily Limits Still Apply. All Bet Match deposits remain subject to the daily deposit limits in Section 14 ($1,500 per business day). (d) One Transaction Per Refresh. Each Bet Refresh creates one consolidated ACH transaction, regardless of how many sportsbooks you have connected. (e) Bet Deposit Rule Amount Limits. The maximum Bet Deposit Rule Amount is $25, the minimum Bet Deposit Rule Amount is $1.
4B.6 Bet Match Eligibility Requirements
Only bets that meet all of the following criteria will contribute to a Bet Refresh Deposit: (a) Rule Activation: The bet was placed on or after your Bet Match Rule Activation Timestamp; (b) Eligibility Period: The bet was placed within the Bet Match Eligibility Period, which is thirty (30) days preceding the Bet Refresh; (c) No Duplication: The bet was not included in a previous Bet Refresh Batch.
4B.7 Sports Betting Data Provider Integration
(a) Third-Party Service. Bet Match uses Sports Betting Data Providers (such as SharpSports) to connect to your sportsbook accounts and retrieve betting data. You connect your sportsbooks through the provider's portal and accept their terms of service. (b) Your Authorization to the Provider. By using Bet Match, you authorize Matched to receive betting data from Sports Betting Data Providers solely for calculating and initiating Bet Refresh Deposits. (c) No Direct Sportsbook Access. Matched does not directly access your sportsbook accounts or credentials.
4B.8 Multiple Sportsbook Accounts
(a) Connect Multiple Books. You may connect multiple sportsbook accounts through SharpSports to your Bet Deposit Rule. (b) Combined Calculation. Your Bet Deposit Rule Amount applies to bets placed across all connected sportsbooks. Deposits are calculated based on total bets across all connected accounts. (c) Example. If you connect DraftKings, FanDuel, and BetMGM, and you set your Bet Deposit Rule to $5 per bet, placing 3 new bets on DraftKings and 2 new bets on FanDuel (5 total new bets since your last Bet Refresh) would trigger a $25 Bet Refresh Deposit on your next Bet Refresh.
4B.9 Managing Your Connected Sportsbooks
(a) Your Responsibility. You are responsible for maintaining active connections to your sportsbook accounts through SharpSports. (b) Failed Connections. If a sportsbook connection fails or requires re-authentication through the Sports Betting Data Provider, Bet Match will not count bets from that sportsbook until you restore the connection. (c) Adding Sportsbooks. When you add a new sportsbook connection, it is automatically included in your existing Bet Deposit Rule. (d) Removing Sportsbooks. You may disconnect any sportsbook at any time through the Matched app. Once disconnected, bets from that sportsbook will no longer be counted. (e) When You Must Reauthorize. You must reauthorize your Bet Deposit Rule when you change your Bet Deposit Rule Amount, since this changes the financial terms of your authorization.
4B.10 Business Days
Our business days are Monday through Friday, excluding federal holidays. Deposits initiated on weekends or holidays will be processed the next business day.
4B.11 Canceling or Modifying Your Bet Deposit Rule
(a) Right to Cancel Anytime. You may cancel your Bet Deposit Rule at any time through the Matched app or by emailing support@trylayup.com. (b) Notice Requirement. Matched requires at least 3 business days advance notice to process cancellation or modification requests. (c) Modification Cutoff Time. Changes requested after 10:00 a.m. Central Time will take effect the following business day. Changes requested before 10:00 a.m. Central Time will take effect the same business day (if submitted on a business day). (d) Deposits Already in Process. If you have already triggered a Bet Refresh before canceling, that Bet Refresh Deposit is already in process and cannot be stopped. Cancellation only prevents future deposits. (e) Changing Your Bet Deposit Rule. You may modify your Bet Deposit Rule Amount at any time through the app. (f) Avoiding Deposits. If you do not want a Bet Refresh Deposit to occur, you can either cancel your Bet Deposit Rule (with appropriate notice) or avoid opening the app and triggering a Bet Refresh.
4B.12 Failed Deposits and Account Holds
(a) What Happens If a Deposit Fails. If any Bet Refresh Deposit fails or is returned (due to insufficient funds, closed account, invalid account information, etc.), your Bet Deposit Rule will be immediately placed on hold and no further deposits will be attempted. (b) Reinstating After a Failed Deposit. To reinstate your Bet Deposit Rule, you must contact customer support at support@trylayup.com. (c) Excessive Failed Deposits. Too many failed deposits may result in: Permanent restriction from using Bet Match; Suspension of other deposit features; Termination of your account (see Section 3.11).
4B.13 When Deposits Process
(a) Initiation Timing. Bet Refresh Deposits are initiated automatically following each Bet Refresh that identifies new bets in your Bet Refresh Batch. (b) Processing Timing. ACH deposits typically process within 1-3 business days from initiation. (c) Modification Cutoff. Changes requested before 10:00 a.m. Central Time take effect the same business day; Changes requested after 10:00 a.m. Central Time take effect the following business day. (d) Arrival Time. Funds typically arrive in your Matched Wallet within 1-3 business days after the deposit is initiated. (e) Weekends and Holidays. Deposits triggered on weekends or federal holidays will be processed on the next business day.
4B.14 How You Will Be Notified
(a) In-App Notification. When you trigger a Bet Refresh that results in a Bet Refresh Deposit, you will receive an immediate in-app notification confirming the deposit amount and details. (b) Transaction History. You can view all Bet Refresh Deposits in your transaction history through the app.
4B.15 Your Responsibilities
You are responsible for: Ensuring sufficient funds in your linked account for deposits triggered by your betting activity; Understanding that opening the app or manually refreshing may trigger a Bet Refresh and may initiate a Bet Refresh Deposit; Maintaining active connections to your sportsbook accounts through the Sports Betting Data Provider; Understanding the Bet Refresh Deposit Limit and how it applies to your betting frequency; Monitoring your deposits and linked account balance; Reviewing your account statements regularly to verify deposits.
4B.16 Insufficient Funds
(a) Maintain Sufficient Funds. You must have sufficient funds in your linked bank account to cover each Bet Refresh Deposit. (b) Bank Fees. If your linked account has insufficient funds when we attempt a Bet Match deposit, you may incur fees from your bank (NSF fees, overdraft fees, etc.). Matched is not responsible for fees charged by your bank. (c) Bet Match Suspension. If a deposit is returned due to insufficient funds, your Bet Deposit Rule will be placed on hold as described in Section 4B.12.
4B.17 Multiple Deposits Per Day
(a) You Control Frequency. You may open the app multiple times in a single day. Each time you open the app and trigger a Bet Refresh, a deposit may be initiated if new bets are detected since your last refresh. (b) Daily Limits Apply. All deposits remain subject to daily limits in Section 14.
4B.18 SharpSports Data Limitations
(a) We Rely on Provider Data. Matched calculates your Bet Refresh Deposits based solely on the betting data we receive from Sports Betting Data Providers. (b) What We Are Not Responsible For. Matched is not responsible for: The accuracy, completeness, or timeliness of betting data from Sports Betting Data Providers; The provider's ability to maintain connections to sportsbook platforms; Errors, omissions, or delays in data provided by the provider; Changes to sportsbook APIs that affect the provider's data retrieval; The provider's terms of service, privacy practices, or security. (c) Impact on Your Deposits. If betting data from the Sports Betting Data Provider is incomplete, delayed, or inaccurate, your Bet Refresh Deposits may not reflect all bets placed. You acknowledge this limitation.
4B.19 No Endorsement of Gambling
Bet Match is designed as a savings tool for people who choose to place sports bets. Matched does not encourage, promote, or endorse sports betting or gambling activities. Bet Match helps you save money in connection with an activity you have independently chosen. You are solely responsible for ensuring your sports betting activity complies with all applicable laws in your jurisdiction.
4B.20 Error Resolution
(a) If You Spot an Error. If you believe a Bet Refresh Deposit is incorrect or you need more information about a deposit, contact us immediately through the Matched app or by email at support@trylayup.com. (b) Report Promptly. You must notify us within 60 days after we send the statement showing the error. (c) What Information to Provide: Your name and account information; Description of the error; The dollar amount of the suspected error; Why you believe there is an error; Approximately when the error occurred. (d) We Will Investigate. Once you report an error, we will investigate promptly and work to resolve it. We will notify you of the results of our investigation. (e) Correction. If we determine an error occurred, we will correct it promptly.
4B.21 Unauthorized Transfers
(a) Contact Us Immediately. If you believe someone initiated a Bet Refresh Deposit without your authorization, or if someone gained access to your account or authorization, contact us immediately through the app or at support@trylayup.com. (b) The Sooner You Report, The Better. Your liability for unauthorized transfers may depend on how quickly you report the problem. Report suspected unauthorized activity immediately to minimize any potential liability. (c) We Will Investigate. We will investigate any reported unauthorized transfers and work with you to resolve the situation.
4B.22 When We Are Not Liable
We are not liable for failure to complete a Bet Match transfer if: Your linked account has insufficient funds; Your linked account is closed or frozen; Your linked bank refuses the ACH transaction; Circumstances beyond our control (fire, flood, system failure, etc.) prevent the transfer; The transfer would violate laws or regulations; You or your bank have revoked our authorization; Errors are caused by Sports Betting Data Provider or your linked bank's systems; Sports Betting Data Provider provides inaccurate or incomplete data; Sports Betting Data Provider cannot connect to your sportsbook accounts; You fail to maintain active connections through Sports Betting Data Provider.
4B.23 Contact Information
For questions, errors, unauthorized transfers, or to cancel your Bet Deposit Rule: Through the Matched app (recommended) or Email: support@trylayup.com
4B.24 Changes to Bet Match
We may modify, suspend, or discontinue Bet Match at any time with or without notice. If we make material changes that affect your existing authorization, we will notify you and may require you to reauthorize. You may cancel your Bet Deposit Rule at any time if you do not agree with changes.
4B.25 Balance Checks and Blocking Systems
All existing balance checks and deposit blocking systems described elsewhere in these Terms apply to Bet Refresh Deposits. We reserve the right to decline or block any deposit that would violate limits, policies, or that we determine poses a risk.
5.1. You will not, directly or indirectly:
(a) hack into any part of the Platform through password mining, phishing, or any other means;
(b) attempt to modify, reverse engineer, or reverse-assemble any part of the Platform;
(c) knowingly introduce viruses, Trojans, worms, logic bombs, spyware, malware, or other similar material;
(d) engage in any form of cheating or collusion;
(e) use the Platform and the systems of Layup Inc. to facilitate any type of illegal money transfer (including money laundering proceeds of crime); or
(f) participate in or take advantage of, or encourage others to participate in or take advantage of, schemes, organizations, agreements, or groups designed to share special offers or packages emailed to a specific set of Users and redeemable by URL.
5.2. You must not use the Platform for any unlawful or fraudulent activity or prohibited transaction (including Fraudulent Conduct) under the laws of any jurisdiction that applies to you. We monitor all transactions in order to prevent money laundering.
5.3. If Matched suspects that you may be engaging in or have engaged in fraudulent, unlawful, or improper activity, including money laundering activities or any conduct that violates these Terms of Service, your access to the Platform will be deactivated immediately, and your Customer Account may be suspended. In addition, Layup Inc. may be required to report such activity to the relevant authorities, and you will cooperate fully with any investigation into such activity.
6.1. Matched hereby reserves the right to deactivate, limit, or suspend your Customer Account for any reason whatsoever at any time without notifying you.
6.2. Without limiting Section 5.1, we hereby reserve the right, at our sole discretion, to deactivate or suspend your Customer Account (notwithstanding any other provision contained in these Terms of Service) where we have reason to believe that you have engaged or are likely to engage in any of the following activities:
(a) you breached, or assisted another party to breach, any provision of these Terms of Service, or we have a reasonable ground to suspect such breach;
(b) you have more than one Customer Account on the Platform;
(c) the name registered on your Customer Account does not align with the name on the linked bank account;
(d) your communication with us through email, social media, or other means consists of harassment or offensive behavior or comments, including (but not limited to) threatening, derogatory, abusive or defamatory statements or remarks, libel, and/or publishing publicly such statements about the Company or individuals associated with the Company;
(e) your Customer Account is deemed to be an Inactive Account;
(f) you become bankrupt;
(g) you provide incorrect or misleading information while registering or verifying a Customer Account including, but not limited to, name, state of residence, date of birth and/or any other identity details;
(h) you attempt to use your Customer Account through a VPN, proxy or similar service that masks or manipulates the identification of your real location, or by otherwise providing false or misleading information regarding your citizenship, location or place of residence, or by using the Platform through a third party or on behalf of a third party;
(i) you are not over 18 years of age;
(j) you are located in or accessed the Services from an Excluded Territory;
(k) you have allowed or permitted (whether intentionally or unintentionally) someone else to use your Customer Account;
(l) where Matched has received a "charge back", claim or dispute and/or a "return" notification via a payment mechanism used on your financial/bank account or online wallet;
(m) you have failed our due diligence procedures, or are found to be colluding, cheating, money laundering or undertaking any kind of fraudulent activity.
6.3. If Matched deactivates or suspends your Customer Account for any of the reasons referred to in Section 6.2 above, you will be liable for any and all claims, losses, liabilities, damages, costs and expenses incurred or suffered by Layup Inc. (together "Claims") arising therefrom and you will indemnify and hold Layup Inc. harmless on demand for such Claims.
6.4. If we have reasonable grounds to believe that you have participated in any of the activities set out in Section 6.2 above, then we reserve the right to withhold all or part of the balance and/or recover from your Customer Account any funds that are attributable to any of the activities contemplated in Section 6.2. In such circumstances, your details may be passed on to any applicable regulatory authority, regulatory body or any other relevant external third parties.
6.5. If your Customer Account is confirmed to have been deactivated due to fraudulent or illegal activity by you, any promotional credits or rewards credited to your Customer Account as a result of such activity will be forfeited. For the avoidance of doubt, this forfeiture does not apply to your own deposited funds (your Wallet Balance) held in the custodial account at the Bank.
6.6. Matched is a platform for recreational use only. If your Customer Account is determined, in our best judgment, to be professional or non-recreational, we reserve the right to limit your use of the Services.
6.7. If your Customer Account is deactivated, limited, or suspended you, and other members of your household, are not permitted to open a new account, unless expressly authorized by Matched in writing.
6.8. The rights set out in this Section 6 are without prejudice to any other rights that we may have against you under these Terms of Service or otherwise.
Indemnity
7.1 You agree to indemnify and hold harmless Layup Inc., its affiliates, officers, directors, employees, agents, licensors, and suppliers from and against all losses, expenses, damages, and costs, including reasonable attorneys' fees, resulting from any violation of these Terms of Service or any activity related to your Customer Account (including negligent or wrongful conduct) by you or any other person accessing the service using your Customer Account.
Limitation of Liability
7.2 Layup Inc. shall not be liable for any special, direct, indirect, incidental, or consequential damages that result from the use of, or the inability to use, the services or the performance of the products offered on the Platform, even if Layup Inc. has been advised of the possibility of such damages. Federal or state law may preclude the limitation or exclusion of liability for incidental or consequential damages, so the above limitation or exclusion may not apply to you. In such cases, Layup Inc.'s liability will be limited to the fullest extent permitted by applicable law.
Statute of Limitations
7.3 You and Layup Inc. agree that any claims, regardless of form, arising out of or related to the Platform (including the Service) or these Terms of Service or Privacy Policy must BE FILED within ONE (1) YEAR of the action, omission, event or occurrence giving rise to the claim or suit, after which such claims will be time-barred and prohibited, without regard to any longer period of time which may be provided by any period of limitation or repose by law or statute.
Negligence
NOTHING IN THESE TERMS OF SERVICE WILL OPERATE SO AS TO EXCLUDE ANY LIABILITY OF LAYUP INC. FOR FRAUD, DEATH OR PERSONAL INJURY THAT IS CAUSED BY LAYUP INC.'S NEGLIGENCE.
Although we take all reasonable measures to ensure that the Platform is free from computer viruses, we cannot and do not guarantee that the Platform is free of such problems. It is your responsibility to protect your systems and have in place the ability to reinstall any data or programs lost due to a virus.
9.1. All promotions, including contests and special offers, are subject to these Terms of Service and to any additional terms that may be published at the time of the promotion.
9.2. Matched reserves the right to withdraw or modify such promotions without prior notice to you.
9.3. If, in the reasonable opinion of Matched, we form the view that a customer is abusing any promotion, to derive any advantage or gain for themselves or another customer, including by way of Fraudulent Conduct, we may, at our sole discretion, withhold, deny or cancel any advantage or promotional credit as we see fit, or suspend or terminate the Customer Account of such customer.
No Warranties
10.1 The Services are provided on an "as is" basis and to the fullest extent permitted by law, we make no warranty or representation, whether express or implied, in relation to the satisfactory quality, fitness for a particular purpose, completeness, or accuracy of the Services.
Malfunctions
10.2 Layup Inc. is not liable for any downtime, server disruptions, lagging, or any technical or political disturbance to the Services or Customer Accounts, nor attempts by you to use the Services by methods, means, or ways not intended by us. Furthermore, Layup Inc. accepts no liability for any damages or losses which are deemed or alleged to have arisen out of or in connection with the Platform or its Content, including without limitation, delays or interruptions in operation or transmission, loss or corruption of data, communication or lines failure, any person's misuse of a Platform or its Content or any errors or omissions in Content.
Changes and Improvements
10.3 Matched reserves the right to remove any part of the Services from the Platform at any time and also reserves the right to modify, suspend, or discontinue the Services with or without notice at any time and without any liability to you.
Matched is committed to protecting your privacy. We adhere to all federal and state laws concerning the protection of personal information. For further details, please see our Privacy Policy, which outlines our practices towards handling any personal information that you may provide to us.
Customer Support
12.1 If you have any queries or require assistance with the service, you may contact our customer support team by selecting the "Contact Us" link on the Platform or by emailing support@trylayup.com.
Complaints
12.2 If you have a complaint about the service, you must submit your complaint as soon as possible after the event that has caused the complaint. We will undertake to resolve any complaint with you as quickly and efficiently as possible.
Governing Law
13.1 These Terms of Service and any disputes related to these terms or the Services will be governed by the laws of the State of New York, without regard to its conflict of laws rules.
Severability
13.2 If any provision of these Terms of Service is deemed invalid, the invalidity of such provision shall not affect the validity of the remaining provisions of the Terms of Service, which shall remain in full force and effect.
Entire Agreement
13.3 These Terms constitute the entire agreement between you and Layup Inc. regarding the use of the Services and supersede all prior or contemporaneous communications and proposals, whether electronic, oral, or written between you and Layup Inc. with respect to the Services.
Explanation of Terms of Service
13.4 We consider these Terms of Service to be open and fair. If you need any explanation regarding these Terms of Service or any other part of our Service contact support@trylayup.com.
13.5 The Terms of Service prevail over any communication via email or chat.
13.6 All correspondence between you and us may be recorded.
13.7 Layup Inc. will not be liable or responsible for any failure to perform, or delay in performance of, any of our obligations under these Terms of Service that is caused by events outside of our reasonable control, including but not limited to an act of God, hurricane, war, fire, riot, earthquake, weather, pandemic or endemic, terrorism, act of public enemies, strikes, labor shortage, actions of governmental authorities or other force majeure event.
14.1 Initial Limits:
Deposits: You may deposit a maximum of $1,500 per day.
Withdrawals: You may withdraw a maximum of $250 per day.
Amendments to Limits:
14.2 These limits are implemented to ensure security and integrity in your transactions on the Platform. Matched reserves the right to adjust these limits based on individual circumstances or for security reasons.
14.3 Matched will review and amend Deposit and Withdrawal limits as deemed appropriate based on Matched Wallet activity. All changes to limits will be clearly communicated to the Customer.
Extraordinary Circumstances:
14.4 In the event of extraordinary circumstances, you may contact Matched to request an increase in your deposit and withdrawal limits during this initial period. Requests will be reviewed on a case-by-case basis.
Matched offers cash rewards for saving and for consistent betting discipline. All rewards described in this Section are paid as cash credited to your Matched Wallet, are fixed or calculated amounts rather than chance-based prizes, and are subject to the limits set out below and in Section 14.
15.1 Deposit Match Bonus
(a) What It Is. When a Bet Match deposit completes, Matched credits a Deposit Match Bonus of one cent ($0.01) for every one dollar ($1) saved via Bet Match to your Matched Wallet. This is the reward referred to in our communications as the "1% match." The bonus is paid each time a qualifying deposit completes and does not depend on any draw, game, or other outcome.
(b) Monthly Limit. The Deposit Match Bonus applies to at most $500 of Bet Match deposits per calendar month. Accordingly, the maximum Deposit Match Bonus you may earn is $5 per calendar month. Bet Match deposits above the $500 monthly matched-deposit amount still occur but do not earn an additional Deposit Match Bonus.
(c) Bet Match Limits Still Apply. The Deposit Match Bonus is calculated on Bet Match deposits, which remain subject to the limits in Section 4B and the daily deposit limits in Section 14.
15.2 Unit Match Bonus
(a) What It Is. In any week in which you stay within your pre-set sportsbook budget (your "unit"), Matched credits a Unit Match Bonus of one cent ($0.01) for every twenty dollars ($20) in your Matched Wallet, paid at most once per week. The Unit Match Bonus rewards maintaining a saved balance and betting within a consistent budget; it is not based on how much or how often you bet.
(b) Calculation and Cap. The Unit Match Bonus is a fixed amount determined from your Matched Wallet balance and is not chance-based. It is calculated on your Matched Wallet balance up to a maximum of $10,000; accordingly, the maximum Unit Match Bonus is $5 per week.
(c) Payout Timing.
(i) Budget Week. Each budget week runs from Monday 12:00:00 AM Eastern Time through Sunday 11:59:59 PM Eastern Time.
(ii) When Your Sportsbook Activity Is Evaluated. Your sportsbook activity is evaluated each time Matched receives updated betting data for your linked sportsbook accounts, which ordinarily occurs shortly after a refresh of your linked accounts completes.
(iii) When Eligibility Is Determined. Your eligibility for a given budget week's Unit Match Bonus is determined at that evaluation. You become eligible the first time betting data shows a bet placed at your pre-set unit during that budget week, provided your Customer Account is open and in good standing. A change to your unit takes effect at the start of the next budget week.
(iv) When Rewards Are Credited. If you are eligible, the Unit Match Bonus is credited to your Matched Wallet immediately upon the eligibility determination, at most once per budget week. If betting data for your linked sportsbook accounts is delayed or incomplete, evaluation and crediting for a given budget week may be delayed.
15.3 Referral Bonus
(a) What It Is. When a referral qualifies, Matched credits a Referral Bonus of twenty-five dollars ($25) in cash to both the referring User's and the referred User's Matched Wallet. The Referral Bonus is a fixed cash reward and does not depend on any draw, game, or other outcome.
(b) How a Referral Qualifies. A referral qualifies when the referred User: (i) signs up using the referring User's referral link or referral code; (ii) opens a Customer Account in good standing in accordance with these Terms of Service; and (iii) deposits twenty-five dollars ($25) or more via Bet Match within thirty (30) days of signing up, and those deposits settle. If these requirements are not met within thirty (30) days of the referred User signing up, the referral expires and no Referral Bonus is paid.
(c) When Credited. The Referral Bonus is credited to both Users automatically when the referral qualifies — that is, when the referred User's qualifying Bet Match deposits have settled. If a qualifying deposit is subsequently returned or reversed, the Referral Bonus may be reversed for both Users.
(d) Limits. You may earn the Referral Bonus for a maximum of one (1) qualifying referral per calendar month. Each User may qualify as a referred User only once.
(e) Referral Integrity. Self-referrals, referrals of duplicate or household accounts opened in breach of Section 6.7, and referrals generated through Fraudulent Conduct (Section 5) or promotion abuse (Section 9) do not qualify. Matched may withhold, deny, cancel, or recover any Referral Bonus obtained in breach of this Section (see Sections 6.4, 6.5, and 9.3) and may suspend or close the accounts involved.