How It Works
1. Get OPBET Tokens
You need OPBET tokens to place bets. Click "Claim OPBET" in the top right to buy OPBET with BTC:
Claim OPBET
OPBET Token:
opt1sqpfc9fnfx9v54pkyk0xf2jkhhd5wamha05plqm3w
2. Connect Your Wallet
Click Connect Wallet in the top right. You need OP_WALLET installed.
First time only: you'll be asked to approve OPBET spending. This is a one-time transaction.
3. Place Your Bet
You're betting on the next Bitcoin block. Will it arrive within 7 minutes?
- YES — Block arrives in under 7 minutes
- NO — Block takes 7 minutes or longer
Select YES or NO, enter your amount, and click BET. You'll sign one transaction in OP_WALLET.
4. Watch & Win
The timer counts up from the last block. When the next block is found, the result is determined:
- Block time under 7 min → YES wins
- Block time 7 min or more → NO wins
Winners split the losing pool proportionally. A 3% fee is taken from the total pool.
5. Auto-Payout
Winnings are paid out automatically after the round resolves. No action needed — tokens arrive in your wallet within 1-2 blocks.
Important: One Bet Per Block
Each bet is a Bitcoin transaction. You can only send one transaction per Bitcoin block (~7 minutes). If you want to place multiple bets, wait for the previous one to confirm (status changes from CONFIRMING to PENDING), then place the next.
You can bet on both YES and NO, and place multiple bets per round — just wait for each to confirm first.
Bet Statuses
- CONFIRMING Your bet transaction has been sent and is waiting to be included in a Bitcoin block.
- PENDING Your bet is confirmed on-chain. Waiting for the target block to be mined.
- WON You won! Payout has been sent to your wallet automatically.
- LOST Your side did not win this round.
- FAILED Your bet transaction failed or did not confirm in time. No tokens were spent.
How Odds Work
Odds are determined by the pool sizes. More bets on one side = higher payout for the other side.
Example:
YES Pool: 5,000 OPBET | NO Pool: 15,000 OPBET
Total: 20,000 | Fee (3%): 600 | Net: 19,400
If YES wins: 19,400 / 5,000 = ~3.88x payout
If NO wins: 19,400 / 15,000 = ~1.29x payout
Provably Fair
All bets are on-chain on the OPNet Bitcoin L1 smart contract platform. Block times are determined by the Bitcoin mining network — no one can manipulate them. Every bet, pool, and payout is verifiable on the blockchain.
BTB Contract:
opt1sqzenhkvs6xlamvuj6qutjvp79rzvqg6elsc2ssca