Five Iron App - Terms & Conditions

1. Eligibility

• You must be at least 18 years of age and physically located in a jurisdiction where participation in skill-based contests for cash prizes is legal.
• You may not enter into or participate in a Tournament if you are located in a Prohibited Jurisdiction.
• You are solely responsible for compliance with local laws. Participation is void where prohibited.

2. Nature of Competitions

• All Tournaments on the App are games of skill involving virtual golf play through authorized simulations.
• Tournament formats may include:
  • Gross Scoring: Based on total strokes.
  • Net Scoring: Uses player handicaps to calculate adjusted scores. For example, a 10 handicap may win over a 0 handicap with more strokes, based on a fair play adjustment.

3. Entry Fees & Prize Structures

• Entry into a Tournament requires payment of an Entry Fee, which is split into:
  • A Registration Fee retained by Five Iron App LLC to cover operational costs.
  • A Prize Pool Contribution distributed to winners based on tournament outcomes.
• Prize payouts follow a tiered payout structure similar to poker tournaments, awarding top-ranked players a percentage of the Prize Pool. Specific payout structures are disclosed in the tournament lobby.
• Entry Fees are non-refundable once a Tournament begins.

4. Tournament Rules

• Each Tournament is governed by a separate set of Tournament Rules that cover scoring, tie-breakers, handicaps, disqualification criteria, and gameplay mechanics.
• The Tournament Rules are incorporated by reference into these Terms.
• The Company reserves the right to update Tournament Rules at any time, without prior notice. Your continued participation constitutes acceptance of those changes.

5. Handicaps & Fair Play

• For Net Tournaments, players must submit valid handicap data, which may be verified through gameplay history or third-party services.
• The Company reserves the right to:
  • Adjust handicaps based on performance history.
  • Investigate suspected manipulation.
  • Suspend or disqualify players engaging in conduct that undermines fair competition.

6. Payouts & Taxes

• Prize money is deposited to users’ in-app wallets and may be withdrawn via approved payment methods, subject to identity, eligibility, and location verification.
• Deductions
  • Tournament Entry Fee
  • Wallet Load Fee
  • Wallet Unload Fee
• Players are responsible for reporting adn paying all applicable taxes on winnings.

7. Dispute Resolution & Match Integrity

• All Tournament outcomes are determined by Five Iron App LLC in its sole discretion based on simulator data and App performance records.
• Disputes must be reported within 24 hours of Tournament completion via the App’s help system.
• For legal claims, you agree to binding arbitration under the rules of the American Arbitration Association, and waive your right to a jury trial or class action. Arbitration will be conducted in New York.

8. Compliance With Laws

• By using the App to enter Tournaments, you represent that:
  • You are legally allowed to participate in skill-based competitions in your jurisdiction.
  • You will not use VPNs or falsify your location or age.
  • You are not on any list of restricted or prohibited persons under U.S. or international law.
• The App uses geolocation tools to enforce eligibility and will restrict access in prohibited jurisdictions.

9. Platform Integrity

• You agree not to:
  • Interfere with or manipulate simulator software or App functionality.
  • Use bots, scripts, or any automated systems.
  • Create multiple accounts for the purpose of gaining advantage.

Violations may result in account suspension, disqualification, forfeiture of winnings, and legal action.

10. Limitation of Liability

• The App and all tournaments are provided “as-is,” without warranties of any kind.
• In no event shall Five Iron App LLC be liable for any indirect, or consequential damages, even if advised of the possibility.

11. Modifications

• We may update these Terms at any time. Changes will be posted on the App or website and take effect immediately.
• Continued use of the App after changes constitutes your acceptance.

12. Contact Information

Questions? Reach out to:

Five Iron App LLC 883 AVENUE OF THE AMERICAS FL 3. NEW YORK, NY 10001

[email protected]