Betting events are created by admins using a smart contract. Each event lets users place bets on one of two options (Option A or Option B). When you place a bet, the amount you wager is deducted by a fee and added to the total prize pool, which is the sum of bets on both options minus the fees.
If the outcome favors Option A, users who bet on Option A receive rewards proportionally to their wager. Users who bet on Option B do not receive any rewards. If you win a bet, you must claim your rewards from the bet section.
A fee is deducted directly when a bet is placed. The fee percentage may vary on different bets and is clearly displayed on the bet details page. The total prize pool is calculated after deducting these fees.
To place a bet, simply connect your Web3 wallet (e.g., MetaMask) using the "Connect Wallet" button. You do not need to create an account; your wallet acts as your identity. Once connected, select your preferred option and enter the bet amount in XE, then click the "Place Bet" button.
If you win a bet, the rewards are not automatically distributed. Instead, you must manually claim your winnings from the bet details page by clicking the "Claim Winnings" button.
The application is powered by a smart contract deployed on XeChain. For more information about XeChain, please visit xechain.org.
Only admin users are authorized to create betting events. All other users can participate by placing bets on the available events.
No registration is required. Simply connect your Web3 wallet (e.g., MetaMask) to interact with the platform.