> For the complete documentation index, see [llms.txt](https://docs.betbase.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.betbase.xyz/sportsbook-legacy/betting.md).

# Betting

Disclaimer: This product is in beta, please do not risk more than you can afford to lose

The BetBase protocol offers a permissionless and trustless betting experience without the need for deposits or login details such as e-mail, username or password as all activity is transparently onchain in smart contracts deployed on the Base network.

To interact with the protocol a web3 wallet is needed.

<figure><img src="https://1719932002-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FFVRbchUUTBBKPv10N8Sg%2Fuploads%2FLV6ZaKI1JU5gYWUgwN7a%2Fimage.png?alt=media&amp;token=006975af-862e-434c-bbd1-92cebb631d92" alt=""><figcaption></figcaption></figure>

USDC acts as the platforms unit of account and the users' available balance will appear in the top right corner after connecting wallet.&#x20;

Next to the available balance, preferred odds format can be selected.

<figure><img src="https://1719932002-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FFVRbchUUTBBKPv10N8Sg%2Fuploads%2FCJBQ7qKtSR28xqNkkFzO%2Fimage.png?alt=media&amp;token=5401c75e-8cc9-4e73-b1c3-dad842f191c7" alt=""><figcaption></figcaption></figure>

To view events and betting markets click on the “Bet” tab and select a sport.

<figure><img src="https://1719932002-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FFVRbchUUTBBKPv10N8Sg%2Fuploads%2FUusH0pf2tMoDTfLJ9ef5%2Fimage.png?alt=media&amp;token=6336c814-e3e9-4b40-82e3-71ce3734d382" alt=""><figcaption></figcaption></figure>

Now select your preferred league or event (live events are showed in brackets).

<figure><img src="https://1719932002-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FFVRbchUUTBBKPv10N8Sg%2Fuploads%2F5MvdurmnkyNi44CjzgHA%2Fimage.png?alt=media&amp;token=0655f58f-155e-4315-b0fc-bdad103064bd" alt=""><figcaption></figcaption></figure>

From here select preferred market and odds&#x20;

<figure><img src="https://1719932002-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FFVRbchUUTBBKPv10N8Sg%2Fuploads%2FxxDvIyHWxdBQYOddsIGZ%2Fimage.png?alt=media&amp;token=82c91d1e-51df-430b-8a7e-b80c8de31960" alt=""><figcaption></figcaption></figure>

Now click on an outcome and odds to place a bet.&#x20;

In this box your available balance and a "MAX BET" option can be found (Max Bet is based on available liquidity and the protocols risk management parameters).&#x20;

<figure><img src="https://1719932002-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FFVRbchUUTBBKPv10N8Sg%2Fuploads%2FOVisG86ZNjFrcVfauU3Q%2Fimage.png?alt=media&amp;token=93518f7b-2a26-4a31-850a-4f2c31c0ec03" alt=""><figcaption><p>When hovering over the "fees may apply" caption, current win fee % is shown.</p></figcaption></figure>

After confirming the “Approve spend” and "Place Bet" transactions, a confirmation ticket and the option to share your bet  on X will appear .

<figure><img src="https://1719932002-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FFVRbchUUTBBKPv10N8Sg%2Fuploads%2FYbT4E1m3COLOPzJwPxZj%2Fimage.png?alt=media&amp;token=15b4b9e8-d49d-4716-b6b4-2d9dee3d5aed" alt=""><figcaption></figcaption></figure>

When a bet is placed go to the “Positions” tab to find all settled and unsettled bets.

<figure><img src="https://1719932002-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FFVRbchUUTBBKPv10N8Sg%2Fuploads%2FWzjRRJIDZXuWnHG6d0EJ%2Fimage.png?alt=media&amp;token=1eb43228-1da4-4021-a886-9e5f206a61de" alt=""><figcaption></figcaption></figure>

The contract will automatically settle your bet and pay out the return minus the win fee.&#x20;

**\*\*BetBase is a permissionless and decentralized platform running immutably onchain in smart contracts. No single entity is able to offer refunds in case of bugs or loss of funds. Please exercise caution\*\***