The thing you get shouted at about in January, usually because the policy was three vague sentences that did not cover what came up. Answer the questions runners actually ask and take the wording away.
Nothing is saved or sent anywhere but the generator.
This writes down what you have decided, in language runners can follow. It does not tell you what to decide, and it makes no claim about what is enforceable where you are, because consumer law varies by state. If the money involved matters, have someone qualified read it.
PlayCompete shows you what a refund actually costs before you issue it, including the fee you do not get back.