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Risks and responsible play

Short-round markets are volatile. You can lose the full stake quickly. The shared vault can also gain or lose value because it backs other players.

Main risks

  • Market risk: A small price move can decide the complete stake.
  • Vault risk: Socialized payouts can reduce the value of your shares.
  • Liquidity risk: Open bets can delay withdrawals or reduce a forced-exit value.
  • Signer risk: Trusted quote and result signers can fail, stop, or act incorrectly.
  • Upgrade risk: A trusted role can change an upgradeable contract.
  • Smart-contract risk: Tests and reviews cannot prove that code has no defect.
  • Interface risk: Browser history can be incomplete, and a wrong network or address can cause loss.
  • Regulatory risk: Prediction markets and token programs can have different rules by location.

Responsible play

  • Use only an amount that you can lose.
  • Set a time and loss limit before you start.
  • Do not chase a loss or treat short-term wins as income.
  • Stop when play affects sleep, work, relationships, or debt.
  • Do not play while impaired or under pressure from another person.