Risk Disclaimer
Last updated: 7 May 2026
IMPORTANT: Please read this Risk Disclaimer carefully before using the Soko Predict platform. By using the Platform, you acknowledge and accept all risks described herein.
1. General Risk Warning
Trading on prediction markets involves substantial risk of loss. The value of your positions can fluctuate significantly, and you may lose some or all of your invested capital. Past performance of any market, prediction, or strategy is not indicative of future results. You should only trade with funds that you can afford to lose entirely without affecting your financial well-being or standard of living.
2. Not Financial Advice
Nothing on the Soko Predict platform constitutes financial advice, investment advice, trading advice, tax advice, or any other form of professional advice. Market prices, probabilities, and user-generated content on the Platform reflect collective opinion and are not recommendations to buy, sell, or hold any position. You are solely responsible for your trading decisions. We strongly recommend that you consult with qualified financial, legal, and tax professionals before making any financial decisions.
3. Market Risk
Prediction market prices can change rapidly and unpredictably based on new information, events, and market participant behavior. Markets may become illiquid, meaning you may be unable to sell your shares at a desired price or at all. Price movements do not guarantee that the outcome reflected by the price will materialize. A market trading at 90% YES does not guarantee that the YES outcome will occur.
4. Operational Risk
The Platform may experience technical issues, system failures, cyberattacks, connectivity problems, or other disruptions that may affect your ability to trade, deposit, or withdraw funds. Soko Predict does not guarantee uninterrupted access to the Platform. Market resolution may be delayed, disputed, or modified due to ambiguity in resolution criteria or unavailability of reliable information sources.
5. Regulatory Risk
The regulatory landscape for prediction markets in Kenya and other jurisdictions is evolving. Changes in laws, regulations, or enforcement practices could materially affect the operation of the Platform, the legality of prediction markets, or your ability to participate. Soko Predict may be required to modify, suspend, or cease operations in certain jurisdictions without prior notice. You are responsible for ensuring that your use of the Platform complies with all applicable laws in your jurisdiction.
6. Counterparty and Platform Risk
By using the Platform, you are placing trust in Soko Predict to custody your funds, execute trades fairly, and resolve markets accurately. While we implement robust security and operational controls, no platform is immune to risk. In the unlikely event of platform insolvency, operational failure, or other adverse events, you may lose some or all of your deposited funds.
7. Information Accuracy
While Soko Predict strives to provide accurate market descriptions, resolution criteria, and platform information, we do not warrant the accuracy, completeness, or timeliness of any information on the Platform. Market descriptions are created for informational purposes and may contain errors or become outdated. Source URLs provided for markets are for reference only and Soko Predict does not endorse or guarantee the accuracy of third-party content.
8. No Guarantee of Returns
Soko Predict makes no representations or guarantees regarding potential profits or returns from trading on the Platform. Any examples, scenarios, or hypothetical illustrations used in marketing or educational materials are for demonstration purposes only and do not represent actual or guaranteed outcomes. The probability of any particular outcome is inherently uncertain.
9. Psychological Risk
Trading on prediction markets can be psychologically demanding and may lead to compulsive trading behavior. If you believe you may have a problem with compulsive trading or gambling, please seek professional help. Soko Predict may implement responsible trading features but does not provide counseling services. You are responsible for monitoring your own trading behavior and setting appropriate personal limits.
10. Acknowledgment
By using the Soko Predict platform, you acknowledge that: (a) you have read and understood this Risk Disclaimer; (b) you accept all risks associated with trading on prediction markets; (c) you are solely responsible for your trading decisions and any resulting gains or losses; (d) Soko Predict shall not be held liable for any losses you incur; and (e) you will not trade with funds you cannot afford to lose.