Big Market DAO Docs
  • BigMarket
  • Getting Started
    • Getting Started
  • DAO & COMMUNITY
    • BigMarket Token Sale Philosophy
    • Reputation & Rewards
    • Reward Tables
    • BigMarket DeFi
    • BigMarket Early Access: Unlocking Rewards
  • How it Works
    • 📘 Creating Markets
      • Creating a Market (User Guide)
      • Creating a Market (AI Integration Guide)
    • 📘 Platform Fees
    • 📘 Making Predictions
  • HACKATHON
    • Bitcoin Markets
    • Clarity Bitcoin
    • Testnet Faucet
    • Catamaran Swaps on Devnet
  • ROADMAP
    • Features
Powered by GitBook
On this page
  • 🔎 Finding a Market
  • 🎯 Placing a Prediction
  • 📊 Viewing Your Prediction
  • ⚠️ Important Rules
  • 🎉 Next Steps
  1. How it Works

📘 Making Predictions

Welcome to BigMarket’s prediction platform! This guide walks you through the steps to find, analyze, and place predictions on markets using your connected wallet.

🔎 Finding a Market

BigMarket allows users to explore prediction markets using search and category filters. You can refine your search based on:

  • Market Type:

    • Binary – Two possible outcomes (e.g., Yes/No).

    • Categorical – Multiple possible outcomes (e.g., Winner of an event).

    • Scalar – Numeric-based markets that update daily with a 24-hour cooldown to ensure fairness.

  • Category: Browse markets across sports, politics, crypto, finance, and more.

Once you’ve found an interesting market, click on it to view details.

🎯 Placing a Prediction

After selecting a market, follow these steps to stake on an outcome:

  1. Ensure your wallet is connected

    • Supported wallets: Asigna, Leather, Xverse.

    • Click “Connect Wallet” and authorize the connection.

  2. Choose an outcome

    • Each market lists possible outcomes (e.g., Yes/No, Candidate A/Candidate B, Price Above/Below).

    • Click on the outcome you want to predict.

  3. Enter your stake amount

    • The stake must be in one of the supported tokens:

      • BIG token (BigMarket’s native token)

      • STX (Stacks blockchain)

      • sBTC (Bitcoin Layer 2, allowing BTC-based staking)

    • You cannot stake more than your wallet balance.

  4. Confirm the transaction

    • Click "Stake" and sign the transaction in your wallet.

    • Wait for block confirmation to finalize your stake.

📊 Viewing Your Prediction

After staking, you can track your position:

  • Market Page

    • Displays your stake and chosen outcome.

    • Shows total value locked (TVL) in each potential outcome.

  • Graphical Insights

    • Market trends and prediction data are visualized to help with decision-making.

    • See how the odds shift as other users stake.

⚠️ Important Rules

  • ✅ A connected wallet is required before staking.

  • ✅ You cannot stake more than your available balance.

  • ✅ Scalar markets reset daily with a 24-hour cooldown.

  • ✅ Once staked, your prediction is locked until market resolution.

🎉 Next Steps

You’re now ready to explore BigMarket’s prediction platform! Try different markets, analyze trends, and stake wisely.

📢 Need help?

  • Join the discussion on Discord

  • Follow updates on Twitter

Previous📘 Platform FeesNextBitcoin Markets

Last updated 3 months ago

Visit our

Docs