Claiming Winnings
How to claim your winnings after a market resolves in your favor.
When Can You Claim?
You can claim winnings immediately after a market resolves, if you bet on the winning side.
Resolution Process
1. Deadline Passes
↓
2. 1-Hour Buffer Period
↓
3. Market Resolves (via oracle or manually)
↓
4. Claims Open Check Market Status
Visit the market page to see:
Status: RESOLVED
Outcome: YES (or NO)
Your winnings: X BNBStep-by-Step: How to Claim
Step 1: Navigate to Market
Go to ()
Click on the resolved market
Connect your wallet (if not already connected)
Step 2: Verify You Won
Check market outcome:
If you bet YES and outcome is YES → You won! ✅
If you bet NO and outcome is NO → You won! ✅
If you bet on the losing side → No winnings ❌
Your Winnings section shows:
Step 3: Click "Claim Winnings"
The button appears only if:
Market is resolved
You bet on the winning side
You haven't claimed yet
Click the green "Claim Winnings" button.
Step 4: Confirm Transaction
Your wallet pops up:
Review:
No BNB being sent (value = 0)
Gas fee is reasonable (~$0.14)
Destination is correct contract
Confirm:
Click "Confirm" in wallet
Wait for transaction (~3-5 seconds)
Step 5: Receive BNB
Success! ✅
BNB sent to your wallet
Check wallet balance
Transaction hash displayed
"Claimed" status appears on market page
Payout Calculation
How Much Do You Get?
Example Calculation
Multiple Markets
If You Bet on Multiple Markets
You must claim each market separately:
Note: Each claim requires a separate gas fee (~$0.14 each).
Claiming Timeline
When to Claim
Immediately:
No time limit on claims
Claim whenever convenient
Your winnings are reserved
Consider waiting if:
Gas fees are high (network congestion)
Amount is very small
You plan to bet on new markets soon
No Expiration
Claims never expire. Your winnings will always be available.
You can claim:
1 hour after resolution
1 day after resolution
1 year after resolution
Verification
Verify on BSCScan
All claims are transparent:
Go to BSCScan
Find claim transaction
Look for "claim" function call
To: BinaryMarket contract
Value In: Your payout amount
Verify payout
Check BNB received
Verify gas paid
Confirm timestamp
Check Contract State
Before claiming:
After claiming:
This prevents double-claiming.
Claim Status
Track Your Claims
Each market shows your claim status:
Not Resolved Yet:
Resolved - You Won:
Claimed:
Resolved - You Lost:
Gas Optimization
Save on Gas Fees
1. Batch Claims
If multiple markets resolved → Claim all at once
Currently requires separate transactions
Future: Batch claim function
2. Wait for Low Gas
Check BSC gas prices
Claim during off-peak hours (late night UTC)
Can save 30-50% on gas
3. Don't Claim Tiny Amounts
If you won $1 and gas is $0.30 → Wait
If gas drops or you accumulate more wins → Claim then
Common Issues
"Already Claimed" Error
Cause: You've already claimed this market's winnings.
Solution: Check BSCScan for previous claim transaction.
"Not Resolved" Error
Cause: Market hasn't resolved yet.
Solution: Wait for resolution. Check deadline countdown.
"No Winnings" Error
Cause: You bet on the losing side.
Solution: Unfortunately, you lost this bet. Try again!
Transaction Failed
Possible causes:
Insufficient BNB for gas
Network congestion
Wrong network (not BSC Mainnet)
Solution:
Add BNB to wallet for gas
Try again
Verify you're on BSC Mainnet
Claim Button Not Appearing
Checklist:
Is market resolved? (Check status)
Did you bet on winning side?
Have you already claimed?
Are you using correct wallet?
Claiming Examples
Example 1: Single Winning Bet
Example 2: Hedged Bet (Won One Side)
Tax Considerations
Record Keeping
Keep records for tax purposes:
Track:
Date and time of bets
Amount wagered
Market details
Date and time of claims
Amount received
Gas fees paid
Net profit/loss
Use:
BSCScan transaction history
Personal spreadsheet
Tax software
Note: Tax laws vary by jurisdiction. Consult a tax professional.
What If...?
What if I forget to claim?
No problem! Claims never expire. Claim whenever you remember.
What if the claim transaction fails?
Try again. Make sure you have BNB for gas. If repeated failures, contact support.
What if I lost my private key?
Your winnings are lost. We cannot recover funds if you lose wallet access. Always backup your seed phrase!
What if the market was resolved incorrectly?
Verify on-chain. All resolution data is public on BSCScan. Check oracle data or resolver's manual resolution proof.
What if I claimed but didn't receive BNB?
Check BSCScan:
Was transaction successful?
Did BNB arrive in wallet?
Are you checking correct wallet?
If transaction succeeded but no BNB, contact support with transaction hash.
After Claiming
What Happens to Your BNB?
It's in your wallet - Do whatever you want with it!
Withdraw to exchange
Bet on another market
Hold
Spend
Bet Again?
Feeling lucky? Browse new markets and bet again!
Next Steps
Active Markets - Find new betting opportunities 📋 Market Rules - Review the rules 💡 How to Bet - Place another bet
Congratulations on your win! 🎉
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