Risk Disclaimer
Last updated: 2026-06-05
1. General
You use gogobots and trade on Polymarket entirely at your own risk, at your own expense, and at your own discretion. gogobots provides software — an execution engine, paper-mode and a backtester — and nothing more. External factors beyond our control can affect performance, and you must accept the risks of automated, on-chain trading before using the platform. If you are not prepared to lose the funds your bots deploy, do not run live bots.
2. No financial advice
gogobots does not provide financial, investment, legal, tax or accounting advice, and does not offer risk-assessment or portfolio-management services. Nothing in the product, the documentation or on this site is a recommendation to enter into any trade or strategy. All decisions are yours alone.
3. Market and volatility risk
Prediction-market prices can move sharply and without warning. Polymarket outcomes are binary — a market can resolve fully against your position, resulting in a total loss of the capital allocated to it. Liquidity can thin out or disappear, spreads can widen, and a market's resolution may be delayed or disputed. Past performance never guarantees future results.
4. Automated and algorithmic trading risk
Bots act automatically, without human confirmation of each order. Errors or edge cases in a strategy, a misconfiguration, or unexpected market conditions can cause rapid and substantial losses. Automation amplifies losses as fast as gains. You design, configure and approve every strategy and bot, and every order it places is your responsibility.
5. Execution, latency and slippage
Orders are executed on-chain via the Polygon network and the Polymarket CLOB. Network congestion, blockchain confirmation and finalization times, RPC-provider performance and order-matching responsiveness can all cause delays, slippage, partial fills, or missed and failed orders. The executed price may differ from the price you intended, and a position may not open or close as expected. These factors are outside our control and are not our responsibility.
6. Risk controls are your responsibility
You are strongly advised to set take-profit, stop-loss and position limits on every bot. Without them, a position may stay open far longer than intended and losses may grow. Network outages, downtime or processing queues may leave positions unmanaged or open indefinitely. Your risk settings, position sizing and stop mechanisms are solely your responsibility.
7. Backtester and paper-mode limitations
Backtests and paper-mode are approximations provided for research only. Past or simulated performance does not predict future results. Live results will differ because of slippage, latency, fees, liquidity, outages and changing market conditions. No backtest, paper run or report is a promise of profit.
8. Technology, smart-contract and blockchain risk
Blockchains and the protocols built on them carry inherent risks, including software bugs, smart-contract vulnerabilities, exploits and cyberattacks, chain forks, congestion, and changing or adverse regulation. The platform itself may experience data interruptions, inaccuracies or errors. You acknowledge and assume these risks.
9. Third-party and non-custodial risk
gogobots is non-custodial: your bot runs with your own wallet keys and we never hold or control your funds. Polymarket, the Polygon network, RPC providers, payment processors and wallet providers operate independently; they can fail, change, or take action affecting your wallet, and we are not responsible for them. Any third-party strategies, signals or content are not guaranteed and you rely on them at your own risk.
10. Your responsibility and acknowledgment
By using gogobots you confirm that you understand the risks of automated trading, market volatility, prediction-market resolution and execution delays; that trading on prediction markets is lawful where you are; and that you alone are responsible for all decisions, settings, configurations and resulting losses. If you do not accept these risks, do not use live trading.
Questions? Email us at [email protected]