Quick Start

Get started with Hivebets in 5 minutes! This guide will walk you through placing your first bet.

Prerequisites

Before you begin, make sure you have:

  • A Web3 wallet (MetaMask, Rabby, or WalletConnect)

  • BNB on BSC Mainnet for betting (no gas fees needed!)

  • Basic understanding of how wallets work


Step 1: Get BNB

You'll need BNB (Binance Coin) to:

  • Place bets (min: 0.001 BNB, max: 0.5 BNB per wallet)

  • No gas fees required - x402 gasless betting!

How to Get BNB:

  1. Buy on an Exchange

    • Binance, Coinbase, Kraken, etc.

    • Buy BNB

  2. Withdraw to Your Wallet

    • Network: BNB Smart Chain (BSC) or BEP20

    • NOT Ethereum! NOT BEP2!

    • Paste your wallet address

    • Confirm withdrawal

  3. Wait for Confirmation

    • Usually takes 3-5 minutes

    • Check your wallet balance


Step 2: Connect Your Wallet

  1. Click "Connect Wallet" in the top right

  2. Choose your wallet:

    • 🦊 MetaMask

    • 🐰 Rabby

    • 🔗 WalletConnect

  3. Approve the connection

  4. Switch to BSC Mainnet

    • If prompted, click "Switch Network"

    • Confirm in your wallet

You're connected! Your wallet address will show in the header.


Step 3: Browse Markets

Explore available prediction markets on the homepage

Each market shows:

  • Live Odds - YES and NO percentages

  • Pool Sizes - How much is bet on each side

  • Time Remaining - Countdown to deadline

  • Potential Payout - What you'll win if you're right


Step 4: Place a Bet

  1. Choose a Market

    • Click on a market card

  2. Enter Bet Amount

    • Type amount in BNB (e.g., 0.01)

    • Max: 0.5 BNB per wallet

    • Min: 0.001 BNB

  3. Review Payout

    • See what you'll win if you're correct

    • Example: "0.01 BNB → 0.023 BNB"

  4. Click YES or NO

    • YES: Token will reach target

    • NO: Token won't reach target

  5. Sign Message (x402 Gasless)

    • Your wallet will pop up asking to sign

    • No gas fee required!

    • Just click "Sign" (not "Confirm Transaction")

  6. Instant Confirmation

    • x402 facilitator processes your bet

    • Usually takes 2-3 seconds

    • You'll see a success message

Bet Placed!


Step 5: Monitor Your Bet

After placing your bet:

Watch Live Updates

  • Odds update every 3 seconds

  • Pool sizes change as others bet

  • Your potential payout adjusts dynamically

Check Your Position

  • "Your Stakes" section shows:

    • YES stake: X BNB

    • NO stake: X BNB

    • Total at risk

Track Time Remaining

  • Countdown timer shows time until deadline

  • Market closes when time runs out


Step 6: Claim Winnings

After the market resolves:

  1. Check Result

    • Market shows "Resolved" status

    • Outcome displayed (YES or NO)

  2. Claim Button Appears

    • Only if you're a winner

    • Click "Claim Winnings"

  3. Confirm Transaction

    • Approve in wallet

    • Pay gas fee (~$0.10)

  4. Receive Payout

    • BNB sent to your wallet

    • Minus .5% platform fee

Congratulations! You've successfully used Hivebets!


Example Walkthrough

Let's say you want to bet on 哈基米:



Common Issues

"Wrong Network"

Solution: Switch to BSC Mainnet in your wallet

"Insufficient Funds"

Solution: Get more BNB or reduce bet amount

"Transaction Failed"

Solution: Increase gas limit or try again

"Exceeds Maximum"

Solution: Max bet is 0.5 BNB per wallet


Next Steps

Now that you know the basics:

Learn about Parimutuel Betting Understand Oracle Resolution Read Market Rules


Need Help?

Happy betting! 🚀

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