Foretal is a Web site containing Predictions about future events, some are published by Foretal itself, but most are published by registered Foretal members.

Predictions can be either a 'Free Prediction', or a 'Free and Cash Prediction'.

Foretal Members vote either Yes or No on these Predictions to reflect whether they believe it will turn out to be Correct or Incorrect by a given date.

This date is known as the Proposed Outcome date, and is decided by the Predictor when the Prediction is submitted to Foretal.

With 'Free Predictions', no money is required to publish or vote on the Prediction, and no money can be won from getting the Prediction right.

'Free Predictions' may have a Proposed Outcome Date at any time in the future.

'Free and Cash Predictions' can be voted on for free and for cash, and cash can be won from getting the Prediction right.

'Free and Cash Predictions' may only have a Proposed Outcome Date within two years of publication.

Predictors of Free and Cash Predictions get a commission of 3% of the overall number of cash votes won by members on their Prediction, whether their Prediction is correct or not.

Foretal membership is open to anyone over the age of 18 who completes the registration process and provides a valid e-mail address.

Participation in cash based activities requires members to comply with the terms and conditions of service of Foretal's transaction partners, Neteller and Netbanx.

Foretal credits are generated by registered users voting on Free Predictions.

A single vote on a Free Prediction generates 1 Foretal credit.

Visitors to Foretal do not need to be registered or logged in to vote on free Predictions and therefore generate credits.

However, to save these credits, a visitor must log in during their Foretal session, or vote after logging in.

If a visitor leaves the site before either registering or logging in, their credits are discarded.

Each Foretal member can only vote once on each Free Prediction, and votes cannot be changed from one side to another.

When the Outcome to a Prediction is declared by Foretal, it is either Correct or Not Correct.

Credits can also be won by voting on the correct side of an Actual Prediction Outcome.

If Foretal declares the Prediction Correct, all the credits on the No side are distributed equally to those users who voted Yes.

If it is Not Correct, all the credits on the Yes side are distributed equally to users who voted No.

Credits distributed in this way can have a maximum of 2 decimal places when divided between winning voters.

Any registered Foretal member whose account is in good standing can submit one or more Predictions for publication on Foretal.

To submit a Free Prediction to Foretal costs 10 credits.

When making a Free Prediction, the predictor must select three websites which will be used to substantiate whether the Prediction is correct or not.

Once submitted, the Prediction will only be visible to the predictor. No one will be able to view the Prediction and vote on it, until it has been accepted by Foretal.

A decision on acceptance will normally take place within 24 hours of the Prediction being submitted.

Foretal offers no guarantee that it will publish a Prediction.

In the event that a Prediction is not accepted, the Prediction tariff of 10 Foretal credits is not returned.

A Prediction may be rejected for publication on Foretal for any reason at Foretal's own discretion.

When submitting a Prediction, there is a limit in the number of characters for the wording of Prediction and its description. Predictions must be worded clearly and unambiguously. Foretal reserves the right to edit the text of a Prediction, but not the proposed outcome date, prior to its publication.

Members may add cash to their account at any time.

The minimum that may be transferred into the account is £10.00.

Members must confirm their age and address when registering for cash activities.

Cash may added to the account once this is done by clicking on the Add Cash tabs or buttons and following the instructions.

Adding cash to an account is not subject to a commission, but all cash withdrawals are subject to a commission of 6%.

Once cash is deposited in a member’s cash account on Foretal, the cash, together with the balance of any winnings, may be withdrawn at any time subject to a deduction by Foretal of a commission of 6%.

All withdrawals are subject to review by Foretal administrators to comply with Anti-Money laundering regulations, and no single withdrawal may be greater than £999.

Any member who conducts transactions cumulatively greater than £2,300 over a rolling day period will be required to supply copies of passport and utility bills to verify identity and any cash redemption requests will be suspended until these have been received and accepted as satisfactory.

Refund of Cash Prediction deposits: A refund of £5.00 out of the £5.00 the cash prediction deposit is only provided if the proposed prediction is not published by Foretal (or £3.00 out of £3.00 for a supplemental prediction). If the cash prediction, once published, is cancelled for whatever reason by Foretal prior to the proposed outcome date, a refund of £4.00 out of the £5.00 cash prediction deposit is made (or £2.00 out of £3.00 for a supplemental prediction).

Refund of Cash Votes: Where a cash prediction is cancelled by Foretal prior to the outcome date, any other cash votes placed by members are returned automatically without commission deductions.

Cancellation: In any other situation where a cash prediction deposit or cash votes have been made, the provisions of paragraph 13 (f) of the UK Government's Consumer Protection (Distance Selling) Regulations 2000 ("Distance Selling Regulations") apply. This means that members do not have the right to cancel cash votes once made since this is a gambling site.

Delivery: The UK's Distance Selling Regulations also require Foretal to provide details of delivery and delivery costs. No goods are delivered by Foretal.

Once cash is added by a member, all cash activities may be undertaken immediately.

To publish a 'Free and Cash Prediction', or upgrade a 'Free Prediction' to a 'Free and Cash Prediction', the Predictor must pay a deposit tariff of £5.

Free and Cash Predictions allow people to vote on the Prediction both for Free and for Cash. The voting scores for Free and Cash ballots are kept separate.

The predictor wins a commission of 3% of any losing cash votes that are distributed to winning cash voters.

Of the deposit, £1.00 is kept by Foretal, and the remaining £4.00 is split and applied as 2 cash votes to both the Yes and No ballots of the Prediction.

The balance of £4.00 is treated as normal cash votes made by the predictor and are distributed in the same way as any other votes when the outcome is declared.

The Proposed Outcome Date is a day by which the event or situation described in the Prediction must take place for it to be Correct.

The predictor chooses the Proposed Outcome date when making the Prediction. It cannot be changed.

When making a Prediction, the predictor must choose three Web sites which will record the event or situation described in the Prediction.

Two of the Web sites must be chosen from those pre-selected by Foretal, one can be inputted by the predictor.

These Web sites may not be altered by the predictor after they have been included in the published Prediction.

Foretal will only declare a Correct Outcome if at least two out of three of these substantiating sites unequivocally confirm the event or situation.

The confirmation must appear on these Web sites at any time between when the Prediction is published until 12.00.00 GMT on the day after the Proposed Outcome date.

Foretal's interpretation of the substantiating sites content is final.

Where the optional substantiating site is not well known to Foretal or does not appear to be a site of good standing, Foretal may ignore the content on that site at its own discretion when declaring an Outcome.

The Actual Outcome Date is the date when the Prediction is declared by Foretal to be either Correct or Incorrect.

The outcome must be reported on two out of three of the Substantiating Web Sites to Foretal's sole satisfaction.

The event must take place prior to midnight GMT on the Proposed Outcome Date, and the event must be recorded on at least two of the substantiating Web sites prior to midnight on the day after the Proposed Outcome Date.

If the outcome is substantiated by Foretal as Correct, then Foretal will declare for the Yes voters and they will win.

If the Prediction is declared Incorrect, then the No voters will win.

After the Proposed Outcome date has passed and the outcome has been declared it cannot be reversed.

When the Outcome Date is declared, Foretal will display the links on the substantiating sites that support the outcome, the time that the outcome took place, and brief reasons for the decision that was taken.

Registered Foretal members may inform Foretal of URLs that specifically record the outcome of a Prediction before it has been declared by clicking on the 'Tell Foretal' button within each 'Full View' of a Prediction.

Before an outcome is declared, the Prediction can be suspended at any time for any reason by Foretal, during which period no votes are accepted.

Neteller and Netbanx are Foretal's sole cash transaction partners.

Foretal only permits the adding and redemption of cash to members accounts via via Neteller and Netbanx.

No commission is levied on adding cash to Foretal.

A 6% commission is charged for redeeming/withdrawing cash from Foretal. This covers the cost of charges levied by Neteller and Netbanx.

A minimum of £10.00 can be added to or redeemed from Foretal in a single transaction.

Neteller and Netbanx are Foretal's sole cash transaction partners.

Each cash vote costs £1.00.

Registered users can apply as many cash votes as they wish to either Yes or No ballots at any time.

Cash votes can be applied to both Yes and No ballots in a Prediction at the same time.

Foretal may decide not to publish a Prediction, or remove a Prediction or a supplemental Prediction from the Web site at any time without notice and without explanation.

In that event, all credit balances for members who have participated in the Prediction remain untouched.

In the event that a Prediction is removed from the site by Foretal, all cash votes will be returned to those who have placed them normally within 24 hours of the removal of the Prediction.

Supplemental Predictions are Predictions that are contingent on a prior Prediction.

In other words, if such and such a thing happens, then something else will happen.

Supplemental Predictions are considered to be 'children' of a 'parent' Prediction.

There is no limit to the number of supplemental Predictions that may be contingent on either side of a 'parent' Prediction.

Supplemental Predictions can also be appended to supplemental Predictions.

There is a limit of two levels of 'child' and 'grandchild' supplemental Predictions that can be appended to a 'parent' Prediction.

Anyone can add a supplemental Prediction to a Prediction or supplemental Predictions on the payment of a deposit with a tariff of £3.00.

Of this, £1.00 is retained by Foretal, and £2.00 is split equally between the Yes and No ballots.

A supplemental Prediction must have a proposed outcome date that is no earlier than its 'parent' Prediction.

A supplemental Prediction is contingent on one of either a Yes or No outcome of one 'parent' Prediction.

When the outcome of the 'parent' Prediction is declared, any supplemental Predictions that are contingent on the incorrect outcome are eliminated.

In this event, the free and cash votes of these Predictions, are held in a 'Floating Votes' ballot. These 'Floating Votes' are applied as a bonus to the Prediction with the highest number of cash voters at the point when the 'parent' Prediction's outcome is declared.

These 'Floating Votes' are shared according to the percentage of the winning amount each cash voter has in this Prediction.

When the outcome of a parent Prediction is declared Correct, any supplemental Predictions that are contingent on this remain and become 'parent' Predictions in their own right.

When an Outcome is declared, the losing cash votes are distributed pro rata to the winners according to the percentage of the winning ballot that they own.

Thus if a winner has applied cash votes equivalent to 15% of the winning ballot they will be awarded 15% of the losing cash votes, less the Foretal commission.

This commission is 6% and is deducted from the losing cash votes.

This commission is distributed as follows: 3% is kept by Foretal, and 3% is returned to the predictor.

If the Actual Outcome date is declared earlier than the Proposed Outcome date, the Prediction is closed, once the Outcome is substantiated, and no additional votes can be placed.

Foretal will ignore votes that are cast after the predicted event or situation is reported to have taken place. The time from which this is calculated will be determined by Foretal at its sole discretion.

Cash votes that are ignored in these circumstances are returned to their voters within 24 hours of the declaration of the Actual Outcome date. (All free votes in these circumstances are discarded.)

IMPORTANT NOTE: Cash votes are only distributed after the proposed outcome date, even if the actual outcome date is much earlier.

Losing cash votes are distributed to winning voters within 24 hours from Midnight GMT on the proposed outcome date.