Frequently asked questions
Short answers to the questions we hear most. For the long version, the documentation covers every mechanic in detail.
What is HivePredict?
HivePredict is a parimutuel prediction market platform on the Hive blockchain. Users stake HIVE, HBD or Hive Engine tokens on the outcome of real-world events such as crypto prices and sports results, and the winning side splits the pool. Every market, prediction, resolution and payout is recorded on-chain, so all activity is publicly auditable.
How are the odds set?
There are no bookmakers and no fixed odds. All stakes on a market go into one shared pool, and the split between outcomes sets the implied probability. If 75% of the pool sits on YES, the implied probability of YES is 75%. Your payout depends on the final pool composition when the market resolves, not the odds at the moment you bet.
Do I need an account to use HivePredict?
You need a Hive blockchain account, not a HivePredict account. Sign in with Hive Keychain or HiveSigner and you are ready to go. Browsing markets, odds and results requires no login at all. If you are new to Hive, the account setup guide walks through creating an account.
What tokens can I bet with?
Markets are denominated in HIVE, HBD or a supported Hive Engine token (such as LEO or SPS). Each market uses a single token chosen by its creator. Built-in dSwap integration lets you swap HIVE to the required token during the betting flow if you do not hold it.
How do payouts work and what are the fees?
When a market resolves, winners first receive their full stake back, then split the losing side's pool in proportion to their stake. A 3% platform fee is taken from the losing pool only, so the fee can never eat into your principal. If you win, your payout is sent automatically to your Hive account. The full formula is in the payout docs.
Can I lose more than I stake?
No. Your maximum loss is the amount you staked. There is no leverage, no margin and no negative balance. If your outcome wins, you always receive at least your original stake back.
Who decides the outcome of a market?
Price markets resolve automatically against CoinGecko and Investing.com data, and supported sports leagues resolve automatically via The Odds API. Other markets are resolved manually: the creator and community submit proof with sources, users vote on it, and an admin finalises the outcome. Every resolution is broadcast on-chain with the evidence attached, so you can verify it independently.
What happens if a market cannot be resolved?
Markets that cannot be resolved fairly are voided and every participant is refunded their full stake. The same applies to markets that never attract enough participants: they are automatically voided at their closing time and all stakes are returned.
Can I exit a position early?
Sports markets support cash-out while betting is open, letting you take back part of your stake before the outcome is known. A small time-based penalty applies, and the details are in the cash-out docs. Other market types currently hold your stake until resolution.
How do I create my own market?
Any eligible Hive account can create a market: pick a clear question, a token, a category, closing and resolution times, and place an opening bet on your predicted side. A creation fee (currently 5 HIVE) discourages spam, and market creators earn a bonus from the fees their markets generate. See creating markets for the full walkthrough.
How do I know the platform is not cheating?
The Hive blockchain is the source of truth. Bets are transfers to the platform account paired with signed custom_json operations, all public and permanent. The backend indexes the chain rather than keeping private ledgers, so pools, resolutions and payouts can be audited by anyone from the raw blockchain data. Per-market stake caps and account eligibility rules also limit manipulation by whales and sybil accounts.
What responsible play controls exist?
You can set voluntary monthly spending limits for HIVE and HBD markets, take cooldown breaks, or self-exclude for a period (or permanently). Self-exclusion is enforced on-chain and cannot be reversed early. These controls live in safety settings.