Frequently Asked Questions

How do I start betting?

To start betting, you'll need:

• A Web3 wallet (like MetaMask)
• Some ETH for betting and gas fees
• Connect your wallet using the button in the top right

What's the minimum bet?

The minimum bet is 0.001 ETH. This helps prevent dust attacks and ensures transaction costs don't exceed potential returns.

How are payouts calculated?

Payouts are calculated proportionally based on the total betting pool. After a 1% platform fee, winners share the total pool proportionally to their bet size. For example, if you placed 25% of the total winning outcome bets, you receive 25% of the total pool.

Can I cancel or modify my bet?

No, all bets are final and immutable once confirmed on the blockchain. This ensures fairness and prevents manipulation based on changing circumstances.

How are markets resolved?

Markets are resolved by the contract owner based on verifiable real-world outcomes. Once resolved, winners can immediately claim their winnings. The resolution process is irreversible to ensure fairness.

How do I create a new market?

You can propose a new market by clicking the "New Market" button and paying a 1,000 PP Token proposal fee. Markets must have clear, verifiable outcomes and a future resolution date.

What makes a good market proposal?

Good market proposals have:

• Clear, objective outcomes
• Verifiable resolution conditions
• Reasonable timeframes
• No ambiguity in interpretation

Is the platform secure?

Our smart contract is built on Solidity 0.8.0+ with built-in overflow protection and has been designed with security best practices. For technical details, visit our documentation.

What happens if there's a network issue?

All transactions are blockchain-based, so your funds and bets are safe even if our interface is unavailable. You can always interact with the contract directly.