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.

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

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

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

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

From here select preferred market and odds

Now click on an outcome and odds to place a bet.

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).

When hovering over the "fees may apply" caption, current win fee % is shown.

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

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

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

**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**