Baozi is a decentralized prediction market platform on Solana where users bet on real-world events using SOL cryptocurrency. Winners share the pool using pari-mutuel betting mechanics.

What are the fees on Baozi?

Baozi charges a 2.5% fee on the winning pool only. There are no fees on losing bets, deposits, or withdrawals. The fee is automatically deducted when winners claim their payouts.

How do I place a bet on Baozi?

Connect your Solana wallet (Phantom, Solflare, etc.), browse open markets, choose YES or NO, enter your SOL amount, and confirm the transaction. Your bet is recorded on the Solana blockchain instantly.

How do I claim my winnings?

After a market resolves, go to the My Bets page and click Claim on your winning positions. Your SOL winnings are sent directly to your connected wallet within seconds.

Is Baozi safe and non-custodial?

Yes, Baozi is fully non-custodial. Your funds stay in your wallet until you place a bet. All betting logic is handled by audited smart contracts on Solana. We never hold your private keys.

What wallets are supported on Baozi?

Baozi supports all major Solana wallets including Phantom, Solflare, Backpack, Ledger, and any wallet compatible with the Solana Wallet Adapter standard.

What is the minimum bet on Baozi?

The minimum bet on Baozi is 0.01 SOL. There is no maximum bet limit, though payouts depend on pool size and distribution.

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How Baozi Works

Simple prediction markets on Solana. Bet on outcomes, win big.

TL;DR

1.Pick a market (sports, crypto, esports, etc.)
2.Bet YES or NO with SOL
3.If you're right, you split the losing side's pool!
4.Claim your winnings after the event

Fee: 1.5% on official markets (Labs/Private: 3.5%)

Quick Example

Market:"Lakers vs Celtics - Who wins?"

Total YES (Lakers) bets:100 SOL

Total NO (Celtics) bets:50 SOL

You bet:10 SOL on NO (Celtics)

If Celtics win, you get:~29.25 SOL

Your 10 SOL × (150 total ÷ 50 NO pool) × 0.975 fee = 29.25 SOL

What is Pari-Mutuel Betting?

Pari-mutuel = "mutual betting" in French

Unlike bookmakers who set fixed odds, pari-mutuel pools all bets together. Winners split the entire pool proportionally. It's the same system used in horse racing worldwide.

How the Pool Works

YES

100 SOL

50 SOL

Total Pool: 150 SOL

If NO wins → 50 SOL of NO bettors split 150 SOL pool

✓ Fair Odds

Odds reflect what everyone actually believes, not what a bookmaker sets

✓ Dynamic Payouts

More people betting against you = bigger potential payout

✓ No House Edge

You're betting against other users, not us. We only take a small fee.

✓ Real-time Updates

Watch odds change live as new bets come in

The Math

Payout = (Your Bet ÷ Winning Pool) × Total Pool × 0.975

Example: 10 SOL bet on winning side with 50 SOL pool, 150 SOL total → (10÷50) × 150 × 0.975 = 29.25 SOL

How to Place a Bet

Connect Wallet

Use Phantom, Solflare, or any Solana wallet. You'll need SOL for betting.

Choose a Market

Browse active markets. Look for events you have insight on - sports, crypto, esports.

Pick YES or NO

Click your prediction. Enter how much SOL you want to bet (min 0.01 SOL).

Confirm Transaction

Approve in your wallet. Your bet is now locked until the event resolves.

When Betting Stops

Important!

Betting automatically stops before the event starts (usually 30 min to 1 hour before). This prevents people from betting after they know the outcome.

Example: For a basketball game at 7pm, betting might close at 6pm.

Market Lifecycle

OPEN— Betting is live. Place your bets!

CLOSED— Betting ended. Waiting for event outcome.

RESOLVED— Outcome decided. Winners can claim!

Claiming Winnings

1.Go to your Portfolio (top right menu)
2.Find the resolved market
3.Click "Claim" to receive SOL to your wallet

No time limit - your winnings never expire.

Resolution Outcomes

YESThe predicted event happened. YES bettors win.

NOThe event didn't happen. NO bettors win.

INVALIDEvent cancelled or unclear. Everyone gets refunded.

Fees

Official markets:1.5%

Labs/Private markets:3.5%

Only deducted from winnings at resolution. If you lose, no fee. If market is invalid, everyone gets full refund.

FAQ

What happens if I bet on both sides?

You can! But it usually guarantees a small loss due to fees. Pick one side for max potential gains.

Can I cancel my bet?

No, bets are final once confirmed. This ensures fairness for all participants.

How are markets resolved?

Admins verify real-world outcomes from trusted sources and resolve within 24-48 hours after the event.

Is there a minimum/maximum bet?

Minimum: 0.01 SOL. Maximum: 100 SOL per transaction.

Ready to start?

Browse active markets and make your first prediction.

View Markets →