TEBBIT App Version (1.3.0) Officially Launches Event Prediction Trading, Unlocking a Brand-New Trading Experience.

1. What Is a Prediction Market?
 

A Prediction Market is a market centered around trading the outcome of events. Each event has two opposing outcomes, usually:
 

“Yes (Will Happen)” and “No (Will Not Happen)”, for example:
 

• “Will the home team win this match?” → Yes / No
 

• “Will a team score more than 2.5 goals in the full match?” → Yes / No
 

Its key differences from traditional odds markets / betting are:
 

Comparison Item	Traditional Odds Betting	Prediction Market (This Product)
Counterparty	Bookmaker (Platform acts as the house)	Other users (Platform only provides matching and market-making services)
Pricing	Fixed odds determined by the bookmaker	Prices fluctuate in real time based on market supply and demand (similar to stock prices)
Early Exit	Generally not allowed; positions must be held until settlement	Shares can be sold at any time to take profit or cut losses before settlement
Profit Source	Odds × Principal	Buy shares at a lower price and profit through settlement or by selling at a higher price

 

2. Core Concepts
 

2.1 Outcome Shares
 

What you buy is not a “bet slip,” but shares of a specific outcome. After the event ends:
 

• Shares of the correct outcome → Each share pays out 1 USDT
 

• Shares of the incorrect outcome → Each share becomes worthless (0 USDT)

 

2.2 Prediction Price = Implied Probability = Odds
 

The share price of each outcome fluctuates between 0 and 1 USDT. This price represents the market’s estimated probability of that outcome occurring:
 

• Yes share price = 0.40 USDT = The market estimates approximately a 40% chance that it will happen
 

• At this time, the No share price ≈ 0.60 USDT (the sum of both is approximately 1)

 

2.3 How Much Can One Share Earn?
 

Since each correct share ultimately pays out 1 USDT:
 

Net Profit per Share = 1 − Purchase Price
 

If you buy 1 share at 0.40 USDT and predict correctly → It pays out 1 USDT, generating a net profit of 0.60 USDT per share (150% return).
 

The lower the price (the less favored the outcome), the higher the odds and potential profit.
 

The higher the price, the lower the odds and the more “stable” it is considered.
 

A simple way to remember: Price = Probability. The cheaper the share, the greater the potential upside. Profit = (1 − Price) × Number of Shares.

 

3. Settlement and Profit & Loss
 

• During the event: Your position appears under “Current Positions” with a status of Pending Settlement, displaying real-time odds and estimated profit.
 

• Event ends → The platform determines the result based on the official event outcome.
 

• Settlement: Shares of the correct outcome pay 1 USDT per share, while shares of the incorrect outcome become worthless. The status changes to Settled and is marked as Profit or Loss. The position is then moved to “Position History.”
 

• Settlement funds are automatically credited to your account, and a “Settlement” record can be viewed in Transaction History.
 

Match Result Analysis Dashboard (Available After Settlement)
 

Provides a timeline plus odds milestones (betting start, goals, yellow/red cards, corners, score progression, disconnection/reversal records), score trends (half-time/full-time), odds charts, and more, helping you review why a position won or lost.

 

4. My Positions and Records
 

• Current Positions
 

Open positions currently in progress (betting time, order number, event, stake amount, odds, estimated profit, status, and actions).
 

• Position History
 

Settled positions (including settlement profit and settlement results). Supports searches by event name (fuzzy search), match type (Pre-match / Live Betting), and time period.
 

• Transaction History
 

Transfer In / Transfer Out / Betting / Settlement records (currency, amount, operation type, and post-transaction balance).
 

• Fund Summary

Total Wagered, Total Profit & Loss, Overall Win Rate (Winning Events ÷ Total Events), Valid Amount, Total Funds, and Frozen Funds.
 

• Sharing / Referral Commission
 

Users can generate promotional posters (save locally or share through the system). When others scan the QR code and register through the referral page, the referral relationship is established.

 

5. Fees and Risk Disclosure

 

• Price Fluctuation

Prediction prices change in real time based on match developments and market supply and demand. Profit and loss will fluctuate accordingly.
 

• Principal Risk

If the final outcome is opposite to your position, your shares become worthless, and you may lose your entire invested principal.
 

• Settlement Basis

Settlement is based on the official result recognized by the platform. In special situations such as score reversals or referee cancellations, the final settlement result shall prevail.
 

• Participate Responsibly

Prediction trading involves risks. Please participate according to your own financial circumstances and only use funds you can afford to lose.

 

6. Frequently Asked Questions (FAQ)
 

Q: Can I change my mind after buying?

Yes. In the prediction market, you can sell your shares at the current market price and exit early without waiting for the event to end.
 

Q: Why does the price keep changing?

Price = The market’s real-time probability assessment of an outcome. It fluctuates with event developments and market supply and demand, similar to stock prices.
 

Q: Why did I receive more or less when selling compared to when I bought?

Sales are executed at the current market price. If the price rises, you earn the difference; if it falls, you incur a loss. Fees and slippage are also included.
 

Q: What is the minimum purchase amount?

The minimum purchase is 1 share. Share precision is 2 decimal places (the maximum purchasable quantity depends on your available balance and the real-time price).
 

Q: How is profit calculated?

Net Profit per Share = 1 − Purchase Price

Total Profit = Number of Shares × (1 − Purchase Price)
 

Q: How long does settlement take?

Settlement is completed after the event ends and the official result is confirmed (usually very quickly). The status changes from “Pending Settlement” to “Settled.”

 

7. Glossary
 

Term	Definition
Share	The holding unit of a specific outcome. If correct, each share settles at 1 USDT; if incorrect, it settles at 0 USDT.
Prediction Price	The unit price of a share (0–1 USDT), which represents the implied probability and odds of the outcome.
Yes / No	The two opposing outcomes of an event (Yes/No, Will Happen/Will Not Happen).
Available Balance	The amount of USDT available in the Football/Prediction account for purchasing shares.
Frozen Funds	Funds currently occupied by open positions.
Pending Settlement / Settled	Event is still in progress and awaiting settlement / Event has been officially settled.
Slippage	The difference between the expected price and the actual execution price caused by real-time market order execution.
Transfer	Moving USDT between the Spot Account and the Football/Prediction Account.
Parlay (if applicable)	Combining multiple events into a single wager. Odds are multiplied, and all selections must be correct to win.

 

For more details, please see: Event Prediction · Beginner's Guide