This paper explains how Knockout.Global (“Knockout”, “we”) works: how tournaments run, how results are produced and how you can check them, how money moves in and out, and how players are protected. It describes the platform as it is built today. Where a feature exists but is switched off, we say so.

It is an explanation, not a contract. Our Terms and Conditions are the binding document, and where this paper and the Terms differ, the Terms apply.

There is no Knockout token, coin or other digital asset, and nothing in this paper is an offer to invest. Knockout.Global is a real-money gambling service for adults aged 18 and over.

1. What Knockout is

Knockout.Global runs elimination tournaments. Each round, everyone still in the tournament makes the same simple call between two sides, and a random draw settles it. Pick the side that comes up and you stay in. Pick the other side and you are out. Rounds continue until one player is left standing, and that player wins the prize pool.

Every call is a 50/50: heads or tails, red or black, even or odd, goal or save. Neither side is ever more likely to come up than the other, and no pick can influence the draw. What changes from round to round is how many players are left.

2. How a tournament works

Entering

Every tournament shows its entry fee and prize pool before you join. Depending on the tournament, you can enter in several ways:

• Cash entry. You pay the entry fee from your balance.
• Free entry. Some tournaments cost nothing to enter and still pay a prize.
• Ghost Credit tournaments. Tournaments played entirely with Ghost Credits, our play-money currency (section 10).
• Ghost Credit seats in cash tournaments. Some cash tournaments accept a limited number of entries paid in Ghost Credits. The number of these seats grows with the number of cash entries, and they do not add to the prize pool. If a player in one of these seats wins, they are paid the cash prize.
• Tickets. Qualifier tournaments award an entry ticket into a bigger tournament instead of cash. Some tournaments can only be entered with a ticket.
• Teams. Some tournaments let you enter as a small team. Each member pays their own entry and makes their own picks. If any member is the last one standing, the prize is shared equally across the team.

Some seats may be taken by simulated participants that Knockout enters and pays for. Section 7 explains exactly how that works.

Cash tournaments are created at a fixed set of entry fees, grouped into three bands:

Starting and playing a round

Entry closes when a tournament starts: nobody joins once it is under way. If too few players have entered by the start time, the tournament is cancelled and every entry is refunded.

Each round opens a short pick window, set per tournament and shown as a countdown. You choose a side before it closes. While the window is open, nobody can see how anyone else has picked; only the number of picks made so far is shown. The split between the two sides is revealed after the round closes.

If you do not pick in time, your default choice is used. That is a random side unless you have set a fixed side or a sequence in your settings, so you can be knocked out in a round you did not play.

When the window closes, the outcome is drawn (section 4) and everyone who picked the other side is eliminated. One safety rule applies: if every remaining player picked the losing side, nobody is eliminated that round. The real draw is still recorded and shown; the round simply counts as a draw.

Knocked out? Unless a tournament has it turned off, you can carry on in Ghost Mode, picking each round for Ghost Credits. Ghost Mode players cannot win the cash prize.

How a tournament ends

The last player standing wins. A tournament can also end with more than one winner: if it reaches its maximum number of rounds, or if a set number of rounds in a row eliminate nobody, the players still standing split the prize pool equally. These limits are set per tournament. Prizes are credited to your balance when the tournament completes.

The prize pool

The prize pool of a cash tournament is the larger of two amounts:

• the entry fees paid in, minus the platform fee; or
• the tournament’s guaranteed prize, if it has one.

The platform fee is Knockout’s cut of the entry fees. It is set per tournament, and the default is 10% of entry fees. Unless a guarantee tops it up, the prize pool therefore pays out less than the entry fees collected. When a guarantee is larger than the entry fees collected, Knockout pays the difference. Some guarantees step up as more paid entries arrive.

Not every entry adds to the pool. Ghost Credit entries never do. A seat taken with a ticket is paid for by Knockout and counts like a cash entry, except in ticket-only and free tournaments, where there is no entry fee to cover.

When tournaments run

Tournaments run on recurring schedules, from every few minutes up to monthly, and are published ahead of their start times.

3. The games

Every game is the same 50/50 draw with a different presentation. The draw decides the side; any extra detail you see is drawn afterwards to match it.

4. Fairness: how results are made, and how to check them

Where the randomness comes from

Every round gets its own fresh seed: 32 bytes of randomness generated by a hardware security module (HSM) in our cloud provider’s key management service. Tournament rounds have no fallback. If that source is unavailable, the round does not start.

Commit, draw, reveal

1. Commit. When a round is created, its seed is stored where no player, and no part of the player app, can read it. A SHA-256 hash of the seed is published on the round’s public record in the same update that opens the round, so a round is never open without its commitment.
2. Lock. When the pick window closes, picks are locked. Any side pot on the round is closed before the seed is read (section 5).
3. Draw. The 32 bytes are folded into the 32-bit starting value of a standard Mersenne Twister (MT19937) random number generator, and the outcome is a single two-sided draw from it. The outcome never depends on which side anyone picked.
4. Reveal. The outcome and the seed itself are published together on the round’s record.

Checking a round yourself

Any completed round can be checked on the Provably Fair page by entering its round ID. The page shows the hash that was published when the round opened and the seed revealed afterwards, and confirms whether the SHA-256 hash of the seed matches.

You do not have to take the page’s word for it. The seed is shown as 64 hexadecimal characters. Decode them to 32 bytes, hash those bytes with any SHA-256 tool (hash the bytes, not the text), and compare the result with the published hash.

A match proves the seed was fixed before anyone could pick and was not swapped afterwards. The check covers that commitment. It does not recompute the outcome from the seed.

Independent testing

Our random number generator has been tested by BMM, an independent testing laboratory. BMM’s compliance certificate (project MAD.1001.01, issued 21 April 2026) certifies that the Mad Matrix RNG complies with GLI-19: Standards for Interactive Gaming Systems, version 3.0. Read the certificate. As section 12.5 of our Terms explains, testing of this kind covers the statistical integrity of the RNG. It is not a guarantee of any player’s results.

What staff can and cannot do

There is no function for choosing a round’s outcome, and our internal RNG tools run health and distribution tests only. Authorised staff can cancel a tournament (entries are refunded by default), or force-complete one that cannot finish normally, which settles it and its payouts by hand. Both actions are limited by role, require a written reason and are recorded in an audit log.

5. Side pots, the winner’s double, and WIN or BUST

These are optional extras where you bet against Knockout rather than against other players. They are switched off by default. On the live site, each one can only be switched on after compliance sign-off confirmed by two different administrators. If you do not see them in the app, they are not running. Side pots and WIN or BUST are priced with a house edge: the margin Knockout keeps, built into the odds.

Where they run, they use your cash balance only, never bonus funds, and every stake passes the same responsible-gambling and verification checks as a tournament entry. The limits, prices and caps below are settings, not figures fixed by this paper.

Side pots

• A side pot is a bet on the outcome of the next round of a cash tournament. Depending on the tournament’s settings, it can be open to players still in, to players already knocked out, and to spectators. It is not offered in Ghost Credit tournaments.
• Each market pays fair odds minus a house edge. Its odds are fixed when it opens and shown before you stake, and payouts are rounded down to the cent.
• Stakes come from a fixed set of amounts. There are caps on how much you can stake in a round, on the payout of a single bet, and on the house’s total exposure.
• Betting closes before the round is drawn: the market is locked before the seed is read, so no bet can be placed once a result exists. Bets settle from the same recorded outcome you can check on the Provably Fair page.
• If a round is never played, for example because the tournament is cancelled, side-pot stakes are refunded.

The winner’s double

• A player who wins a cash tournament outright may be offered double-or-nothing on the real-money part of their prize. Split pots and team wins are not offered it.
• Taking the win is always the default. The offer runs on a visible countdown, and if you do nothing your prize is collected. Nothing is ever doubled automatically.
• Each double is its own 50/50 draw with its own seed, committed by hash before you choose and revealed afterwards, like a tournament round. If the hardware source is unavailable, the server uses the operating system’s secure random generator instead and records which source it used.
• You can double more than once, up to a set number of steps and a maximum amount that depends on the entry-fee band. The payout is never more than a true double (2x). There is a cool-off after a double busts.

WIN or BUST

• When a winner who has chosen to show their double to the room decides to double, other players can bet on whether it lands (WIN) or busts (BUST). The market opens when the winner taps DOUBLE and stays open for a short window before the reveal. The winner cannot bet on their own double. Bets settle from the winner’s recorded draw; there is no second draw.
• WIN or BUST pays fair odds minus a house edge, so the same draw can pay the winner a true double while spectators are paid slightly less than even money. Stakes are capped, and share the daily limits used by side pots.

6. The Bad Streak Jackpot

The Bad Streak Jackpot is a consolation prize for a run of bad luck. It is not always running. When it is switched off, you will not see it anywhere in the app. When it runs, the jackpot page publishes its current rules and figures.

How you win it

• Get knocked out in round 1 of a set number of qualifying paid tournaments in a row. The number is shown on the jackpot page.
• Surviving round 1, or winning a tournament, resets your streak.
• Only paid entries you fund with your own real money count, at or above a minimum entry fee. Ghost Credit entries, ticket and qualifier seats and free entries do not count. Cancelled or refunded tournaments count neither way, and only a limited number of entries can count each day.
• There is no jackpot draw. The result follows entirely from tournament rounds you have already played, which are drawn and checkable as described in section 4.
• The winner takes the jackpot, and part of it stays in to open the next one. If more than one player completes a streak in the same tournament, the jackpot is split evenly. Large awards may be held for review before they are paid.

Where the money comes from

The jackpot is funded by Knockout, never by an extra charge on players. Nothing is added to your entry fee and nothing comes out of any prize pool. Most of it comes from the winnings of house-funded seats (section 7), plus a small share of the platform fee Knockout takes on paid entries. The pot is a real balance in our ledger, not a display counter, and the figure you see is checked against the ledger every hour. The pot has a ceiling; anything above it is held back to open the next pot.

Protections

• We never message you about your streak, on any channel.
• If you are self-excluded or taking a break, your streak is frozen, and a jackpot you have already won is still paid.
• You can hide the jackpot everywhere in your responsible-gambling settings. You still build a streak and are still paid if you win it.
• The jackpot never appears on deposit, withdrawal or responsible-gambling screens.

7. Simulated participants

A tournament only works with enough players in it. While our player base grows, some seats may be filled by simulated participants: computer-controlled entrants that Knockout operates and pays for. This is what that means for you. The binding wording is section 12 of our Terms and Conditions, and our Simulated Play page explains it in brief.

• They pay the same entry fee as everyone else, with Knockout’s money, and that fee goes into the prize pool. Your prize is calculated exactly as if every entrant were a real player.
• Their picks are made at random by the server, using a different random source from the one that decides the round, before the round is drawn. They have no advance knowledge of any outcome and no information you do not have.
• If a simulated participant is knocked out, its entry fee stays in the pool for real players to win. If one finishes in a paid position, Knockout keeps that prize and uses it to fund further simulated participation.
• Every simulated participant is marked “Simulated Player” on its profile. Tap any player in a tournament to see theirs.
• Simulated participants never appear on player leaderboards.
• Knockout decides how many take part, and reduces their use as real participation makes them unnecessary.

Simulated entrants make fields bigger: a bigger pool, and more players to outlast. Each round is still a 50/50 call. Because Knockout keeps what a simulated participant wins, Knockout has a financial interest in the results of tournaments that include them. That is why the safeguards in section 4 matter: the seed is committed before the round opens, and the draw never looks at anyone’s pick.

When the Bad Streak Jackpot is running, house-funded seats are presented differently: as clearly labelled house robots, whose winnings go into the jackpot instead of back to Knockout. The jackpot page explains this in full, including how much of their winnings the pot receives.

8. Your money

Your balances

Deposits

• Deposits are made in cryptocurrency through third-party payment processors. The processors integrated today are CryptoPayX (operated by XBO), 0xProcessing and Triple-A. Which of them you are offered depends on your country and on which we have switched on. Through CryptoPayX you can deposit in more than 50 cryptocurrencies.
• The processor converts what you send where needed, and your balance is credited in US dollars once it confirms the payment. Each confirmation is signature-checked, and a payment can only be credited once.
• Network and processing fees can reduce the amount credited. Where a processor publishes a per-coin fee or minimum, the deposit screen shows it before you send.
• Any deposit limit you set is checked on every deposit (section 9).

Withdrawals

1. You ask to withdraw from your cash balance to a crypto address, choosing the coin and network. Where the processor provides a quote, you see it before you confirm.
2. Checks run first: your location, the amount limits, identity verification where it is required, your balance and recent account activity.
3. The amount, including any fee, leaves your balance straight away, so it cannot be spent twice.
4. Routine withdrawals are approved automatically. Larger or unusual ones wait for a member of staff to approve them.
5. Approved withdrawals are sent every few minutes. The processor pays your address and confirms back to us.
6. If a withdrawal is rejected, cancelled or fails at the processor, the full amount, fee included, goes back to your balance.

Withdrawals are paid through the processors available in your country; where none is, withdrawals are unavailable. Minimum amounts, fees and monthly limits are set out in section 8 of our Terms. Check the address and network carefully: crypto sent to a wrong address or network cannot be recovered.

How the money is looked after

• Every movement of money is recorded in a double-entry ledger, as a debit and a matching credit, and balance changes are written atomically, so a change is never half-applied.
• Player funds are held in our accounts with the payment processors, not in wallets that players control.
• Every hour, automated checks confirm the ledger balances, compare what we owe players with what the processors report holding for us, and look for money arriving at a processor that our records do not explain. Problems raise an alert for our finance team.
• Knockout is not a financial institution (Terms, section 7.3). Balances earn no interest or yield.

9. Player protection

Age and identity

• Knockout is for adults only. You confirm you are 18 or over when you sign up. The minimum age can be set higher for a particular jurisdiction, but never lower.
• Before your first deposit, withdrawal or tournament entry, we collect basic details (your name, date of birth and address). Your date of birth must show you are 18 or over.
• Full identity verification (government photo ID, proof of address, and phone and email confirmation) is carried out through a specialist verification provider. Our KYC Policy sets out when it is required, such as before a withdrawal, once lifetime deposits pass a threshold, or when a transaction looks suspicious. You can also complete it early from your profile. Verification is refused if your documents show you are under 18.

Where you can play

Knockout is not available in restricted jurisdictions, which are listed in our KYC Policy. We check your location with a specialist geolocation service, backed by IP-based checks, at sign-up and again during your session. These checks run on our servers, so blocking them in a browser does not switch them off. Tournament entry and withdrawals are both subject to location rules.

Responsible-gambling tools

All of these are self-service, in your account settings:

Lowering a limit takes effect immediately; raising or removing one takes effect after 24 hours. During a break or self-exclusion you cannot deposit or play, but you can still withdraw your cash balance, and we stop sending you marketing. We also watch for signs of harm, such as a rapid run of deposits or chasing losses, so our team can step in.

If gambling stops being fun, free and confidential help is available from organisations including Gamblers Anonymous, Gambling Therapy and GamCare. You will find their details on our Responsible Gambling page.

Anti-money-laundering and fraud

We monitor accounts and transactions for money laundering, fraud, promotion abuse and multiple accounts. Automated detectors raise cases for review, and flagged activity can lead to further checks, held withdrawals or account restrictions. Staff tools are limited by role, and sensitive staff actions are recorded in an audit log.

10. Ghost Credits, achievements and referrals

Ghost Credits

• Ghost Credits (GC) are Knockout’s play-money currency. They have no cash value and cannot be withdrawn or exchanged for cash.
• You earn them in Ghost Mode after being knocked out: when the tournament ends, a Ghost Credit pool sized from its prize pool is shared among Ghost Mode players according to their correct picks, with a bonus share for the last player knocked out before the winner. You can also earn them from Ghost Credit prize tournaments, achievements and promotions.
• You can spend them on Ghost Credit tournaments, and on the limited Ghost Credit seats some cash tournaments offer (section 2). A cash prize won from one of those seats is real cash and yours to withdraw.
• Ghost Credit play does not count towards loss limits, referral commission or the Bad Streak Jackpot.

Achievements

Achievements mark milestones such as paid tournaments entered, wins, referrals and login streaks. They appear on your profile, and many pay a small Ghost Credit reward. Entry milestones count only paid entries you fund yourself.

Referrals

Every account has its own referral code and link. There is no sign-up bonus for the person you refer. When someone signs up with your code and plays eligible paid tournaments, you earn commission on their entry fees for their first 12 months. The rate and the conditions, including verification, are in section 27 of our Terms. Entries paid with Ghost Credits or tickets earn nothing. Commission is added as each tournament completes, and you claim it into your cash balance. Partners who promote Knockout commercially do so under our separate Affiliate Terms.

11. Licensing and operator

Knockout.Global dimiliki dan dikendalikan oleh MAD MATRIX SOLUTIONS LTD, nombor pendaftaran: 000054645, alamat berdaftar: San Victor Street, Orange Walk Town, Belize. Hubungi kami di support@madmatrix.gg.

Knockout.Global dilesenkan dan dikawal selia oleh Kerajaan Pulau Autonomi Anjouan, Kesatuan Comoros, dan beroperasi di bawah Lesen No. ALSI-202605055-FI2. Knockout.Global telah lulus semua pematuhan kawal selia dan diberi kuasa secara sah untuk menjalankan operasi permainan bagi semua jenis permainan nasib dan pertaruhan.

Our legal and policy documents:

• Terms and Conditions
• Privacy Policy
• KYC Policy
• Responsible Gambling
• Complaints
• Provably Fair

If you have a question about anything in this paper, contact us through in-app support.

12. What comes next

We do not publish a product roadmap. A feature described here as switched off is a description of what has been built, not a promise that it will be switched on. The date at the top shows when this paper was last checked against the platform.