FAQs

PreviousMarket Creation Terms

Last updated 28 days ago

FAQs

❓ Frequently Asked Questions (FAQs)

Find quick answers to common questions about PredictBase. For more help, check the Need Help? page or join our .

🔹 What does “market active” mean?

The market has been approved by admins and is open for betting.

🔹 What does “market pending” mean?

The market is under admin review before becoming visible to the public. This usually takes less than 24 hours.

🔹 What does “market resolved” mean?

The outcome of the market has been finalized and marked as either a win or loss for each option. Winning users can now claim their rewards.

🔹 What does “market canceled” mean?

The market was deemed unverifiable, ambiguous, or invalid. All users can claim a full refund including their stake and any paid fees.

🔹 Can I cancel or edit my bet?

❌ No. All bets are final once placed and cannot be edited or canceled. This ensures fairness and prevents market manipulation.

🔹 How do odds work?

Odds are calculated dynamically based on the proportion of USDC staked on each option. The more people bet on one side, the lower the payout for that side — and vice versa.

Example: Total volume = 1000 USDC You bet 100 USDC on “Yes” Total "Yes" bets = 250 Payout = 100 / 250 * 1000 = 400 USDC

🔹 What happens if a market I bet on is canceled?

You’ll receive a full refund of:

Your USDC stake
Any protocol or creator fees you paid

You’ll see a Refund button on the market or in your Dashboard.

🔹 What if I forget to claim?

Your winnings stay in the contract until you claim them. They never expire, and no one else can claim them. Just connect your wallet anytime and claim when ready.

🔹 What if my wallet disconnects?

No problem — all bets and data are tied to your wallet address, not your device. Just reconnect your wallet to resume.

🔹 Does PredictBase have a token?

🚨 No. PredictBase does not have an official token. Be cautious of scams or fake airdrops claiming otherwise.