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Refund policy

If a market is misresolved, Limitless refunds only the bet amount.

How misresolution refunds work

If a market is resolved to the wrong outcome:
  • If you held shares on the incorrectly winning side, you keep any payout you received. Payouts settle on-chain and cannot be voided or clawed back; Limitless absorbs this cost
  • If you held shares on the actual winning side (the side that should have won), you receive a refund equal to the amount you originally paid for those shares
  • The refund covers the cost basis of the shares, not the potential payout
In other words, if the market resolved to side A but should have resolved to side B, and you held side B shares, you receive a refund of the amount you paid for those shares. You are not financially harmed by the misresolution beyond your original position.

How to report a misresolution

If you believe a market was resolved incorrectly, contact the team through any of these channels: