Placing a Bet
🧾 Placing a Bet
Once your wallet is connected and funded with USDC on Base, you're ready to place your first prediction!
PredictBase lets you bet on real-world outcomes — like the price of Bitcoin, sports results, tech product launches, and more.
🎯 What You’re Betting On
Each market contains:
A question (e.g., “Will ETH be above $3,000 on May 1st?”)
A set of options (e.g., “Yes” or “No”)
The current odds for each option
Total volume and time remaining
You place your USDC on the outcome you believe will happen.
🪜 Step-by-Step: How to Place a Bet
Browse markets on https://predictbase.app
Click on a market to open its detail view
Select your prediction option (e.g., “Yes”)
Enter the amount of USDC you want to bet
Click Place Bet
Approve the transaction in your wallet
📈 How Odds Work
PredictBase uses a dynamic odds model based on the proportion of total volume staked on each option.
If more users bet on "Yes", the odds for "No" increase
Your potential payout = (Total pool * your share of chosen option)
⚠️ Important: Odds can shift in real time — even after you’ve already entered a bet. This means the payout you ultimately receive depends on the final state of the market when it resolves.
We’re in the process of building live trading of shares.
You’ll be able to buy at a fixed price and sell anytime before market resolution.
This will let you lock in profits, hedge positions, or actively trade like in traditional markets.
🚀 This feature isn’t live yet, but it’s coming soon. Stay tuned!
📋 Example
Market: Will BTC be over $70,000 on May 1st? Total volume: $1,000 You bet: $50 on "Yes" Total "Yes" volume: $250 Total "No" volume: $750
Your payout if correct = $50 / $250 * $1000 = $200
⚠️ Important Notes
❌ You can’t cancel or cash out early once a bet is placed.
📅 You can place multiple bets in the same market before it closes.
🛡 All bets are stored on-chain and fully transparent.
💸 A 2% fee (1% to the creator, 1% to the protocol) is applied on top of your bet amount — make sure you have enough USDC to cover it. To lean more visit Fees.
🧮 Multiple Bets Per Market
You can place multiple bets on the same market — even on different outcomes. All of them will be displayed individually under My Bets, allowing you to track each one separately.
Once your bet is placed, you can track it anytime under Viewing Your Bets.
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