What are bets?

What does it mean to place a 'bet'?

In Polybee, bets represent your prediction on the outcome of a market event. When you buy a Yes or No share, you’re locking in your belief about how that event will turn out.

• Each bet is placed on-chain and cannot be changed or withdrawn until the market settles.

• The price of a share reflects the market’s collective belief closer to 1.0 means higher confidence in that outcome.

• When the event resolves, winning shares automatically pay out according to the result.

Example: If you bet 1 BNB on “Yes” at 0.6 BNB and the outcome is true, you receive 1 BNB back (plus profit). If the outcome is false, your stake is lost.

In short: Bets on Polybee are conviction-backed positions that stay locked until the truth is revealed.