Bet3
  • Bet3 Introduction
  • Getting Started
    • How Does It Work?
  • Payouts & Fees
  • Points
  • Referral Program
  • Tokenomics
  • Twitter Link
  • Discord Link
  • Market Proposal
  • KOL Application
Powered by GitBook
On this page
  • Bet Resolution and Payouts
  • Fees

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.

PreviousHow Does It Work?NextPoints

Last updated 1 year ago