Market Guidelines

Complete rules for participating in Hivebets prediction markets.


Eligibility

Who Can Participate?

Anyone with:

  • A Web3 wallet (MetaMask, Rabby, WalletConnect)

  • BNB on BSC Mainnet for betting and gas

  • Age 18 or older

Restrictions:

  • Must comply with local laws and regulations

  • Geographic restrictions may apply

  • Not available where prohibited by law


Betting Rules

Bet Limits

Minimum Bet: 0.001 BNB Maximum Bet: 0.5 BNB per wallet per side

Example:

Why Max Bet Limits?

  • Prevents whale manipulation

  • Ensures fair markets

  • Protects small bettors

  • Maintains liquidity balance

Bet Timing

Before deadline: Bets allowed After deadline: Bets rejected

No grace period. The deadline is strict.


How to Bet

Placing a Bet

  1. Connect wallet to ()

  2. Choose market from active markets

  3. Enter amount (0.001 - 0.1 BNB)

  4. Click YES or NO

  5. Confirm transaction in wallet

  6. Wait for confirmation (~5 seconds)

Bet Finality

Bets are final and cannot be cancelled or withdrawn

Once a transaction is confirmed:

  • Your BNB is locked in the market

  • You cannot change your bet

  • You cannot withdraw until resolution

  • Exception: If market is cancelled before deadline

Multiple Bets

You can place multiple bets up to the maximum:


Market Resolution

Resolution Timeline

  1. Market Created → Betting opens

  2. Deadline → Betting closes

  3. Buffer Period (1 hour) → Waiting for oracle data

  4. Resolution → Market outcome determined

  5. Claims Open → Winners can claim payouts

Resolution Methods

Primary: Hivebets Oracle

  • Automatic resolution via Hivebets Oracle

  • Fetches real-world market cap data

  • Compares to target market cap

  • Returns YES or NO

Fallback: Manual Resolution

  • If oracle data unavailable or disputed

  • Resolver manually resolves with verifiable proof

  • Community can verify on BSCScan

Learn more about oracle resolution →

Outcome Determination

YES wins if: Token market cap ≥ Target market cap at deadline NO wins if: Token market cap < Target market cap at deadline

Examples:


Payouts

Winner Payouts

Formula:

Example:

Loser Payouts

If you bet on the losing side: 0 BNB

Your entire stake goes to the winning pool.

Claiming

When: Immediately after market resolves How: Click "Claim Winnings" button on market page Cost: $0 (x402 gasless)

You must claim manually. Payouts are not automatic.

Learn more about claiming →


Market Cancellation

When Markets Can Be Cancelled

Only before the deadline and only by the resolver (market creator).

Valid reasons:

  • Technical issues with oracle

  • Token contract compromised

  • Regulatory issues

  • Force majeure

Cancellation Process

  1. Resolver calls cancel() function

  2. Market marked as cancelled

  3. All bettors can claim 100% refunds

  4. No fees charged

Refunds

If a market is cancelled:

  • Get 100% of your stake back

  • No platform fee

  • $0 gas fee (x402 gasless)


Prohibited Actions

Market Manipulation

Prohibited activities include:

  • Wash trading (betting against yourself from multiple wallets)

  • Coordinated pump-and-dump schemes

  • Oracle manipulation attempts

  • Sybil attacks (multiple wallets to exceed max bet)

Consequences:

  • On-chain activity is permanent and traceable

  • Community reputation damage

  • Potential legal action for large-scale fraud

Exploits

Do not attempt to:

  • Exploit smart contract bugs

  • Frontrun oracle data

  • DoS attack the contracts

  • Manipulate gas prices to advantage

Bug Bounty: If you find a vulnerability, report it responsibly for a reward.


Fair Play

Market Integrity

Hivebets markets are designed to be fair:

Max bet limits prevent whale dominance Parimutuel system ensures fair odds Oracle resolution removes human bias Open-source code allows community audits On-chain transparency enables verification

Self-Balancing

Markets naturally balance themselves:

  • High YES odds → More people bet NO

  • High NO odds → More people bet YES

  • Result: Odds tend toward fair value


Fees

Platform Fee: 0.5%

  • Charged on winnings only (not on stake)

  • Deducted automatically by smart contract

  • Used for platform development and operations

Gas Fees

  • $0 to place bet (x402 gasless)

  • $0 to claim winnings (x402 gasless)

  • x402 protocol sponsors all gas costs

  • No BNB needed for gas

Learn more about fees →


Market Information

Required Information

Each market displays:

  • Market question (e.g., "Will 哈基米 reach $100M?")

  • Token address

  • Target market cap

  • Deadline (date and time in UTC)

  • Max bet limit

  • Platform fee

  • Live odds (YES and NO percentages)

  • Pool sizes (YES pool, NO pool)

  • Your stakes (if you've bet)

Verification

All data is on-chain and verifiable:

  • Check contract on BSCScan

  • Read public variables

  • View transaction history

  • Audit code on GitHub


User Responsibilities

Your Obligations

Understand the risks Verify market details before betting Secure your wallet and private keys Comply with local laws Only bet what you can afford to lose

Hivebets does not:

  • Provide financial advice

  • Guarantee profits

  • Insure against losses

  • Custody your funds


Dispute Resolution

If You Disagree with Resolution

  1. Verify on-chain: Check BSCScan for oracle data used

  2. Compare to sources: Check DEXScreener, CoinGecko, etc.

  3. Community discussion: Discuss on social media

  4. Future improvement: DAO voting for disputes (coming soon)

Current process: Resolver has final say on manual resolutions, but all data is public for community verification.


Changes to Rules

Rule Updates

Hivebets may update these rules:

  • Changes apply to new markets only

  • Existing markets follow rules at time of creation

  • Major changes announced in advance

  • Always check rules before betting

Market-Specific Rules

Individual markets may have additional rules:

  • Different max bets (though currently all 0.1 BNB)

  • Different fees (though currently all 0.5%)

  • Special resolution criteria

Always check market details before betting.


Disclaimer

Important:

  • Prediction markets involve risk

  • You can lose your entire bet

  • Not financial advice

  • No guarantees of any kind

  • Use at your own risk

Read full legal disclaimer → Read risk factors →


Summary

Key Rules to Remember:

  1. Max 0.5 BNB per wallet per side

  2. Bets are final (no cancellation)

  3. Betting closes at deadline (strict)

  4. Winners split losing pool proportionally

  5. 0.5% fee on winnings only

  6. Must manually claim payouts

  7. Markets resolve via Hivebets Oracle

  8. Refunds if cancelled before deadline

  9. Age 18+, comply with local laws

  10. Only bet what you can afford to lose


Next Steps

How to Bet - Step-by-step betting guide Claiming Winnings - How to claim payouts FAQ - Common questions


Ready to bet? Visit Hivebets →

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