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FairySwap's GitBook
  • 🧚Getting Started
    • About Fairyswap
    • FairySwap Onepager
    • Fairy Tokenonomics
      • FAIRY Mining Schedule
    • Contract Address(es)
    • Ambassador Program
    • Certick Audit
    • Frequently Asked Questions
    • Coming Next: World's First DEX to Offer Privacy Protection
  • 🔥2022 FIFA Prediction ⚽️
    • FairySwap Prediction Market
    • 🏆Celebrating the FIFA season
      • ⚽Rules
  • 📚User Tutorials
    • Quickstart Guide
      • How to stake FRA to Claim FAIRY (for PC users)
      • How to stake FRA to Claim FAIRY (for Android & iPhone user)
    • Setting up MetaMask
      • How to Get FRA Tokens
    • Bridging Tokens (from Ethereum, BSC, Polygon)
    • Swaps/Trading
      • How to Trade Tokens: Guide
    • Adding/Removing Liquidity
    • Farming/Staking
    • FairySwap Launchpad
      • Fairyswap Launchpad Tutorials
  • 🌐International
    • 中文教程 Chinese Tutorials
      • 操作指南:如何参与质押FRA挖矿FAIRY(PC端)
        • 如何参与质押FRA挖矿FAIRY
      • 操作指南:如何参与质押FRA挖矿FAIRY(手机端)
      • 操作指南:如何添加/移除流动性
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  • Rules:
  • How to Enter:
  • Reward Calculations (for one particular match):
  1. 2022 FIFA Prediction ⚽️
  2. Celebrating the FIFA season

Rules

PreviousCelebrating the FIFA seasonNextQuickstart Guide

Last updated 2 years ago

You can check the rules details by clicking the "Rules" button.

Rules:

Number of Bets: Unlimited (You can make multiple bets on different teams on each match. )

Bet end time: 5 min before the start of the match

Bet Amount: Minimum 2000 FRA, no upper limit

Platform fees: 10% from winnings

How to Enter:

1. Prepare by purchasing FRA tokens.

2. Select your team: Team 1, Team 2 or Draw

3. Await your results, if you win, you can claim!

Results will be updated at around 9:00 am (GMT+8) daily. Please check the claim page to collect your winnings.

Reward Calculations (for one particular match):

If your prediction is correct, you will be able to claim the full amount of your bet plus your share of the rewards pool (total bet on the other team) pro rata to the share of your bet on your team, after deducting the platform fee.

Let's use the following scenario as example:

Total amount bet on Team 1: 200K FRA

Total amount bet on Team 2: 500K FRA

You placed a bet for Team 1 for 20K FRA

Your placed bet ratio % is: 20K/200K = 10%

If the result is a Team 1, then:

Your rewards are: 500K x (1-10%) x10% = 45K FRA

Your total claimable is: 20K FRA + 45K FRA = 65K FRA (bet placed + rewards)

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