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How It Works

Bear vs Salmon is a prediction market based on game theory's famous prisoner's dilemma. Here's everything you need to know.

🎮

The Game

Players are paired and must independently choose between two strategies: Salmon (cooperate) or Bear (defect). Neither player knows what the other will choose until both have decided.

B: Salmon🐟
B: Bear🐻
🐟A: Salmon
🐟🐟

Both Split

Mutual cooperation

🐟🐻

B Takes All

B defects

🐻A: Bear
🐻🐟

A Takes All

A defects

🐻🐻

Both Lose

Mutual defection

💰

How to Bet

1

Connect Your Wallet

Connect a wallet with AVAX on Avalanche C-Chain. We support MetaMask, WalletConnect, Coinbase Wallet, and more.

2

Choose a Market

Browse active markets and pick a player pairing you want to predict. Each market shows current odds and total pool size.

3

Predict the Outcome

Select one of four possible outcomes. Your funds join the pool immediately and you'll see the updated odds.

4

Wait for Resolution

Once both players choices are revealed, the admin resolves the outcome on-chain.

5

Claim Your Winnings

If you predicted correctly, claim your proportional share of the entire pool. Winners split the pot!

📊

Payout Calculation

This is a parimutuel market. All bets go into a shared pool, and winners split the entire pool proportionally based on their bet size.

Example
Total Pool10.00 AVAX
Your Bet (on Both Salmon)1.00 AVAX
Both Salmon Pool2.00 AVAX
Your Share50% (1/2)
Gross Winnings5.00 AVAX
Platform Fee (1%)-0.05 AVAX
Net Winnings4.95 AVAX
Your Profit+3.95 AVAX

Fees

Platform Fee

Charged on all bets

1%

1% fee on all bets. If a market is invalidated or cancelled, you receive a full refund of your original bet minus the platform fee.