Payouts & Fees
Bet Resolution and Payouts
Automatic Credit or Debit:
When the market expires, the outcome is settled by a predetermined set of rules. We'll credit your balance if your bet is a winner and deduct if your bet is not.
Fees
Note: All fees will be covered by Blast tokens initially and you will earn points, making it +EV by just participating.
Fee on Winnings:
Bet3 charges a 5% fee on your profit. 20% of that goes to your referrer.
Rake Back on Losings:
Bet3 also returns all the yield generated from money markets to losers, as a form of rake back. The yield you earn is proportional to your losses vs others in that pool. Market Closure Fee:
Bet3 charges a 3.5% fee when you market close your position (known as 'market order') Limit Orders:
To encourage liquidity and active market participation, Bet3 offers free limit orders. There is no fee for placing and executing limit orders on our platform.
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