Getting Started

Step-by-step guide to placing bets on Hivebets.

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Before You Start

Make sure you have:

Web3 Wallet - MetaMask, Rabby, or WalletConnect-compatible wallet BNB on BSC - Mainnet, not testnet Enough BNB - For bet amount + gas fees (~$0.20)

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Step 1: Connect Your Wallet

Navigate to Hivebets

1. Go to ()

2. Click "Connect Wallet" button (top right)

Choose Your Wallet

Select from:

• 🦊 MetaMask - Most popular browser extension

• 🐰 Rabby - Multi-chain wallet

• 🔗 WalletConnect - Mobile wallets

Approve Connection

1. Your wallet will pop up

2. Click "Connect" or "Approve"

3. Your wallet address appears in header

Switch to BSC Mainnet

If you're on the wrong network:

1. Wallet will prompt: "Switch to BNB Smart Chain?"

2. Click "Switch Network"

3. Wait for confirmation

Manual switch:

• Network: BNB Smart Chain (BSC)

• Chain ID: 56

• RPC: https://bsc-dataseed1.binance.org

• Symbol: BNB

• Explorer: https://bscscan.com

Connected! Your address now shows in the header.

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Step 2: Browse Markets

View Active Markets

On the homepage, you'll see all active markets:

Each market card shows:

• Market question

• Token name and address

• Target market cap

• Time remaining

• Current odds (YES / NO)

• Pool sizes

Choose a Market

Click on a market card to view details.

Currently available:

• 哈基米 (Hakimi) - $100M target

• $4 Token - $444M target

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Step 3: Review Market Details

Market Information Page

You'll see:

Market Question E.g., "Will 哈基米 reach $100M mcap before October 30?"

Token Details

• Token: 哈基米

• Address: 0x82Ec...4444

• Current Market Cap: Check DEXScreener

• Target: $100,000,000

Timing

• Deadline: October 30, 2025 23:59:59 UTC

• Time Remaining: Live countdown

Pool Status

• YES Pool: X BNB (XX%)

• NO Pool: X BNB (XX%)

• Total Pool: X BNB

Your Stats (if you've already bet)

• Your YES stake: X BNB

• Your NO stake: X BNB

• Total at risk: X BNB

Check External Data

Before betting, verify:

• Current market cap on DEXScreener

• Token chart and volume

• Community sentiment

• Time until deadline

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Step 4: Calculate Your Bet

Choose Your Side

Bet YES if:

• You think token will reach target

• Bullish on the token

• Believe in strong community/marketing

Bet NO if:

• You think token won't reach target

• Target is too ambitious

• Not enough time remaining

Enter Bet Amount

Constraints:

• Minimum: 0.001 BNB

• Maximum: 0.5 BNB per wallet

• Must have BNB for gas (~0.0003 BNB extra)

Check Estimated Payout

The interface shows:

You bet: 0.05 BNB on YES
Estimated payout: 0.089 BNB
Potential profit: 0.039 BNB (+78%)

Note: Payout estimate changes as others bet. Final payout determined at deadline.

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Step 5: Place Your Bet

Click YES or NO

1. Enter amount (e.g., 0.05)

2. Review estimated payout

3. Click "Bet YES" or "Bet NO" button

Confirm in Wallet

Your wallet pops up showing:

To: BinaryMarket Contract
Value: 0.05 BNB
Gas Fee: ~0.0003 BNB (~$0.18)
Total: ~0.0503 BNB

Review:

• Amount is correct

• Destination is market contract

• Gas fee is reasonable

Confirm:

• Click "Confirm" in wallet

• Wait for transaction to process

Wait for Confirmation

Process:

1. Transaction submitted (instant)

2. Mining... (~3-5 seconds)

3. Confirmed!

You'll see:

• Success message on site

• Transaction hash

• Updated pool sizes

• Updated odds

• Your stake displayed

Bet placed successfully!

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Step 6: Monitor Your Bet

Real-Time Updates

The market page updates every 3 seconds:

• Current odds

• Pool sizes

• Time remaining

• Your potential payout

Check Your Position

Your Stakes section shows:

YES stake: 0.05 BNB
NO stake: 0 BNB
Total at risk: 0.05 BNB

Watch the Countdown

Time remaining counts down to deadline:

14 days, 5 hours, 23 minutes

When countdown hits zero:

• Betting closes

• Market enters resolution phase

• Your bets are locked

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Step 7: Wait for Resolution

After Deadline

Timeline:

1. Deadline passes → Betting closes

2. 1-hour buffer → Oracle data collection

3. Someone triggers resolution → Market resolves

4. Outcome determined → YES or NO

Check Outcome

Market page shows:

Status: RESOLVED
Outcome: YES

If You Won

"Claim Winnings" button appears

If you bet on the winning side, you can now claim!

Learn how to claim →

If You Lost

No button appears

Your stake went to the winning pool. Better luck next time!

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Advanced Betting Strategies

Early Betting

Pros:

• Better odds (fewer competitors)

• Larger share of your pool

• More time to analyze

Cons:

• Less information available

• Odds could move against you

• Longer wait for resolution

Late Betting

Pros:

• More information (chart patterns, momentum)

• Clearer picture of likely outcome

• Shorter wait

Cons:

• Worse odds (pools already large)

• Smaller share of pool

• Risk of missing deadline

Hedging

Strategy: Bet on both sides

Example:

Bet 0.08 BNB on YES
Bet 0.02 BNB on NO

Scenario A: YES wins (high probability)
- Profit from YES, lose small NO bet
- Net: +0.03 BNB

Scenario B: NO wins (low probability but high payout)
- Profit big from NO, lose YES bet
- Net: +0.06 BNB

When to hedge:

• Uncertain about outcome

• Want to reduce variance

• Willing to sacrifice max profit for safety

Contrarian Betting

Strategy: Bet against the crowd

Example:

YES Pool: 9 BNB (90%)
NO Pool: 1 BNB (10%)

If you bet NO and win:
- You get 9 BNB / 1 BNB = 9x return!

Risk: You're betting against consensus
Reward: Massive upside if correct

When to go contrarian:

• You have unique insight

• You think crowd is wrong

• Risk-tolerant personality

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Common Mistakes

Not Checking Current Market Cap

Solution: Always check DEXScreener before betting.

Forgetting About Gas Fees

Solution: Leave extra BNB for gas. Don't bet your entire balance.

Betting Last Minute

Solution: Give yourself time. Network congestion could delay your transaction.

Ignoring Odds Changes

Solution: Understand that payouts depend on final odds, not current odds.

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Bet Examples

Example 1: Bullish on 哈基米

Situation:
- 哈基米 at $50M market cap
- Target: $100M
- 15 days remaining
- Strong community, trending on Twitter

Decision: Bet YES

Amount: 0.1 BNB (max bet)
Current Odds: YES 60%, NO 40%
Estimated Payout: 0.165 BNB
Potential Profit: 0.065 BNB (+65%)

Action:
1. Enter 0.1 in amount field
2. Click "Bet YES"
3. Confirm in MetaMask
4. Wait for resolution
5. If YES wins, claim 0.165 BNB

Example 2: Skeptical on $4

Situation:
- $4 at $80M market cap
- Target: $444M (needs 5.5x)
- 5 days remaining
- Ambitious target

Decision: Bet NO

Amount: 0.03 BNB
Current Odds: YES 80%, NO 20%
Estimated Payout: 0.117 BNB
Potential Profit: 0.087 BNB (+290%)

Action:
1. Enter 0.03 in amount field
2. Click "Bet NO"
3. Confirm in MetaMask
4. Wait for resolution
5. If NO wins, claim 0.117 BNB

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Troubleshooting

"Transaction Failed"

Possible causes:

• Insufficient BNB (need amount + gas)

• Deadline already passed

• Already bet max amount (0.1 BNB)

• Network congestion

Solution:

• Check BNB balance

• Verify market is still open

• Check your current stake

• Try again with higher gas

"Wrong Network"

Solution:

• Switch to BSC Mainnet (Chain ID 56)

• Not testnet!

"Can't See My Bet"

Solution:

• Check transaction on BSCScan

• Hard refresh page (Ctrl+F5)

• Verify correct wallet connected

• Check "Your Stakes" section

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Next Steps

📋 Market Rules - Complete betting rules 💰 Claiming Winnings - How to claim payouts ❓ FAQ - Common questions

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Ready to place your first bet? Go to Hivebets →