Belief Market Game Rules

(Short Version)

  • Objective: Pick the outcome that you believe will end up with the largest pot of money when the market closes.

  • How to Win: The outcome with the largest pot of money wins. If you bet on that outcome, you win a share of the pot.

  • Payout: Your reward is based on how much you contributed to the winning pot relative to everyone else who bet on that same outcome.

  • Hidden Pots: You only see the number of votes once you bet, never the actual staked volume until the market closes.

  • Push (Tie) Scenarios: If there’s a tie in all pot volumes or certain conditions (like a closed deadline or violation of rules), bets get pushed (voided).

Full Manual Guide

Not a Prediction Market Warning:
We’re not predicting real-world events; you’re simply guessing which outcome will gather the most money before the market closes.

1. Creating Market

1.1. Crafting Your Market

  • Pick a Hot Topic: Choose a question that’s exciting and relevant. It can be anything from current events to pop culture or even playful, offbeat ideas.

  • Set the Scene: Clearly state the question and the time frame. For example, “Which fan group will dominate the Web3 hype?”

    1.2. Launching Your Market

  • Define Your Question: Write a clear, catchy question.

  • List Your Outcomes: Enter your creative, memeable outcomes.
    Tip: Use outcomes that are both funny and engaging, which can turn a regular market into a viral sensation.

  • Set the Deadline: Determine when the market closes—after which no more bets are allowed.

  • Publish: Launch your market and watch as users start betting on the outcomes.

1.3. Designing Memeable Outcomes

  • Be Bold & Funny: Create outcomes that catch the eye and spark a laugh. Instead of plain labels like “Bitcoin” or “NVIDIA Stock,” use creative twists.

    • Example 1: Instead of “Bitcoin” vs. “Ethereum,” try “Bitcoin HODLers” vs. “ETH Degens.”

    • Example 2: Instead of “ChatGPT” vs “Deepseek,” try
      “ChatGPT from ClosedAI” vs. “Deepseek from Censored China.” 

  • Encourage Creativity: The more attention-grabbing your outcomes are, the more likely users will share the market and place bets. Think pop culture references, puns, and current internet trends to spice up your options.

1.4. Tips for Maximizing Engagement

  • Be Memorable: Use humour and pop culture references to create outcomes that people love to share.

  • Stay Relevant: Tie your outcomes to current trends and hot topics to boost interest.

  • Encourage Discussion: The more lively the conversation around your market, the more bets you’ll attract.

2. Placing bets

2.1. Step-by-Step

  1. Choose a Market: Select a market you are interested in.

  2. Choose an Outcome: Select the one you think will have the biggest pot.

  3. Place Your Bet: Enter the amount and confirm before the deadline.

  4. Market Closes: No more bets after the set time.

  5. Reveal & Winner Declared: The pot volumes are shown; the outcome with the highest volume wins.

  6. Payout Calculation: Winners split the pot according to their share of that outcome’s total stake.

2.2. Example

Market Question: “Will Bybit get their 1.4B back from the hacker?”

If the outcome “No, unless the hacker gets hacked” is the biggest at closing, anyone who staked on that outcome wins.

2.3. Push Conditions

Market Push Conditions

  • Tie: If all outcomes have the same volume, the market is void.

  • Violation of Rules: Violent or otherwise disallowed content causes the market to be cancelled.

Bet Push Conditions

  • Deadline Missed: Somehow, bets placed after closing time don’t count.

2.4. Reference & Disputes

If there’s confusion about winners or invalid bets, consult these guidelines. We’re committed to a fair and transparent process so everyone can enjoy Belief Market.

3. Settlement Process

3.1. Market Closure

  • No More Bets: Once the deadline is reached, the market stops accepting wagers.

  • Hidden Stakes: During the betting phase, users can only see the number of votes—not the actual amount staked—to prevent strategic piling into a pot.

3.2. Determining the Winner

  • Reveal the Pot Volumes: After the market closes, the total money staked on each outcome is unveiled.

  • Winning Outcome: The outcome with the highest staked volume wins.

4. Dispute Resolution & Guidelines

  • Tie or Invalid Bets: If all outcomes tie for the highest volume, or if bets are placed after the deadline, the market may be voided.

  • Content Rules: Markets that include violent, sexual, or otherwise inappropriate content will be canceled.

  • Transparency: Detailed rules are available in our full Terms & Conditions. Follow them to ensure a fair, fun, and safe experience for everyone.