# Betting

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="/files/ssyH5EC9mN8Cdk8DZxVk" 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="/files/IoAsWdhGic2ESXNL1yd2" alt=""><figcaption></figcaption></figure>

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

<figure><img src="/files/9c50LjA1QFyRgRRkofHw" alt=""><figcaption></figcaption></figure>

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

<figure><img src="/files/ie8MJShdjEDyoafgrH00" alt=""><figcaption></figcaption></figure>

From here select preferred market and odds&#x20;

<figure><img src="/files/F8Od5bVa50sEjpXPzJnp" 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="/files/3ARZz1Js205v1ymlpFvm" 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="/files/BsiLK8iGTcMGr6GVKB4S" alt=""><figcaption></figcaption></figure>

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

<figure><img src="/files/zIQG2pg6brfbwOrIudOE" 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\*\***


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