FAQ
Q: Is it really free?
A: BetIt will always be 100% free to play, earn, and reset[0].
Building a fun predictions game for everyone is our goal.
0. Read our bankruptcy FAQ for more details, tl;dr: free!
0. Read our bankruptcy FAQ for more details, tl;dr: free!
Q: How does BetIt make money?
A: During this initial alpha we have no monetization. In the future,
we will introduce premium accounts - offering players
more flair and account customization options.
There is never a plan to introduce pay-for-credit, pay-for-bet(it), or other P2W to BetIt.
There is never a plan to introduce pay-for-credit, pay-for-bet(it), or other P2W to BetIt.
Q: How do I get more credits?
A: Every player starts with 1,000 credits. Beyond that? Win betits (preds)!
If you run out of credits, check out the bankruptcy FAQ.
Q: What is Bankruptcy?
A: Going bankrupt on BetIt isn't that scary. Here is what (irreversibly) happens:
- Reset to 1,000 credits.
- All active betits are removed.
- Your bankruptcy count goes up by 1, leaving a permanent scar on your public profile.
Q: How do the odds work?
A: We keep it simple. The odds for a matchup are based on community betits.
If one team has 90% of the betits, the odds are 90%/10%.
When it comes to payout time: winners take from the loser's pool
based on their contribution to the winner's pool.
Q: Why is there a pot with no betits?
A: We want everyone to have fun placing betits on every matchup.
A base pot immediately ups the stakes! Today, we have a 1,000 credit base pot.
This could easily change in the future as we adjust for inflation.