How radix.bet Works
Prediction markets on the Radix blockchain, explained simply.
Connect Your Wallet
Install the Radix Wallet and connect it to radix.bet. You'll need some XRD tokens on Stokenet (the test network) to place bets. Use the built-in faucet in the wallet to get free test XRD.
Browse or Create Markets
Browse existing prediction markets or create your own. Each market has multiple options and a deadline. Markets can be about politics, sports, crypto prices, or anything you want.
Place Your Bet
Choose the outcome you believe in and bet XRD on it. You'll receive option tokens representing your position. The more XRD in the pool, the more you can win.
Wait for Resolution
After the deadline passes, the market creator marks the winning outcome. This is done on-chain using an owner badge that's burned after resolution, ensuring one-time finality.
Claim Your Winnings
If you bet on the winning outcome, claim your proportional share of the entire prize pool. Your winning option tokens are exchanged for XRD directly from the smart contract.
Why Radix?
Fully On-Chain
All bets, votes, and payouts happen on the Radix ledger. No centralized intermediaries.
Transparent
Every transaction is verifiable. Smart contract code is open source and auditable.
Low Fees
Radix's architecture means fast transactions with minimal fees compared to other chains.
Asset-Oriented
Option tokens are native Radix resources, not just ledger entries. They live in your wallet.