Bet execution and payouts

How is the odds for an event outcome formed?

The odds are not set by the company or a single person. They are determined by you and other market participants through your purchases. This creates the most honest and decentralized market for predictions.

The more orders there are for the outcome "YES", the higher its odds become and the lower the probability of a high profit (and vice versa).

Odds for "YES"
50
25
16.667
12.5
10
8.333
7.143
6.25
5.556
5
4.545
4.167
3.846
3.571
3.33
3.125
2.941
2.778
2.632
2.5
2.381
2.273
2.174
2.083
2
1.923
1.852
1.786
1.724
1.667
1.613
1.563
1.515
1.471
1.429
1.389
1.351
1.316
1.282
1.25
1.220
1.190
1.163
1.136
1.111
1.087
1.064
1.042
1.02

YES

0.002

0.004

0.006

0.008

0.01

0.012

0.014

0.016

0.018

0.02

0.022

0.024

0.026

0.028

0.03

0.032

0.034

0.036

0.038

0.04

0.042

0.044

0.046

0.048

0.05

0.052

0.054

0.056

0.058

0.06

0.062

0.064

0.066

0.068

0.07

0.072

0.074

0.076

0.078

0.08

0.082

0.084

0.086

0.088

0.09

0.092

0.094

0.096

0.098

NO

0.098

0.096

0.094

0.092

0.09

0.088

0.086

0.084

0.082

0.08

0.078

0.076

0.074

0.072

0.07

0.068

0.066

0.064

0.062

0.06

0.058

0.056

0.054

0.052

0.05

0.048

0.046

0.044

0.042

0.04

0.038

0.036

0.034

0.032

0.03

0.028

0.026

0.024

0.022

0.02

0.018

0.016

0.014

0.012

0.01

0.008

0.006

0.004

0.002

Odds for "NO"

1.02

1.042

1.064

1.087

1.111

1.136

1.163

1.19

1.22

1.25

1.282

1.316

1.351

1.389

1.429

1.471

1.515

1.563

1.613

1.667

1.724

1.786

1.852

1.923

2

2.083

2.174

2.273

2.381

2.5

2.632

2.778

2.941

3.125

3.333

3.571

3.846

4.167

4.545

5

5.556

6.25

7.143

8.333

10

12.5

16.667

25

50

Market probability: (20% probability of "YES") and (80% probability of "NO") Bet amount: 0.02 TON for "YES" and 0.08 TON for "NO".

Result: The "YES" outcome won.

Participant 1 (was correct):

  • Winnings: 5 tickets × 0.1 TON = ~0.5 TON

  • Profit: 0.5 TON - 0.02 TON = 0.48 TON

Participant 2 (was incorrect):

  • Winnings: 0 TON (the "NO" outcome did not occur)

  • Loss: The entire staked amount of 0.1 TON

  • Loss: -100%

How to withdraw winnings?

On TonCast, there is no traditional "withdrawal" process.

When you win: After the event is settled, the smart contract automatically sends your winnings directly to your connected TON wallet. You don't need to click anything—this happens instantly and without your involvement.

Benefits of this approach:

  1. Instant payouts: You don't have to wait for your request to be processed. You receive your winnings automatically.

  2. No restrictions: There is no minimum withdrawal amount, no verification, and no business days.

Your winnings are your TON in your wallet. You don't need to withdraw anything.

What is the difference between a market and a limit order?

Market order: You choose the odds that the market offers right now. Ideal for those who want to quickly enter a position and agree with the market odds.

Limit order: You set the odds at which you want to buy. Your bet will only be executed when a match occurs (when someone on the other side of the transaction agrees to your odds). You can also go to the order book, where all unexecuted limit orders from other users are listed, and choose what suits you specifically. Ideal for those who want to place a bet at a desired odds.

What happens to the money if an event is canceled?

In the event of a cancellation (for example, the match did not take place), all staked funds are returned to the participants. The contract and network commissions are not refunded.

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