## ๐ฎ What are Magic Predictions?
[Magic Predictions](https://magicsquare.io/store/magic-predictions) is a gamified feature where users predict whether the price of **BNB/USDT** will be **higher or lower** at the end of a short time period. Users place bets using **USDT**, and winners share the **prize pool** based on their predictions.
Each round has **guaranteed winners**, and rewards are distributed proportionally based on the total amount wagered.
## ๐ฏ How It Works:
* **Select the first upcoming round** and predict whether the **BNB/USDT price** will **rise or fall** by the end of the round.
* The total **prize pool** is determined by the amount wagered on both sides.
* Winners **share the prize pool proportionally**, with a **fee deducted** from the total.
* If the final price is **equal to the starting price**, all bets are **refunded minus a fee**.
* All price data is sourced from the **Chainlink Price Oracle**, ensuring accuracy and fairness.
## ๐ฒ How to Place a Bet
Placing a bet in **Magic Predictions** is simple:
### **Step 1: Select a Round**
* Choose the **first upcoming round** available
### **Step 2: Pick a Direction**
* Predict whether the **BNB/USDT price** will **go up or down** by the end of the round.
### **Step 3: Enter Your Bet Amount**
* Input the amount of **USDT** you want to wager.
### **Step 4: Confirm Your Bet**
* Once confirmed, your **bet is locked** for the round.
### **Step 5: Wait for the Round to End**
* If your prediction is correct, your winnings are **automatically credited** in **USDT**.
All price movements are tracked using the **Chainlink Price Oracle**, ensuring **reliable and tamper-proof data** for each round.
## โ How to Check results and Entries
To check your **Magic Predictions results and entries**, simply scroll down to view your **prediction history**.
* **My Results Section (Top Part)**
* **My Total Reward** โ Shows the total **USDT** earned from successful predictions.
* **Times Played** โ Displays the total number of predictions placed.
* **Times Won** โ Shows how many rounds you have won.
* **Win Rate** โ Calculates the percentage of winning predictions out of total bets placed.
* **Prediction Entries Section (Bottom Part)**
* This section lists all **past predictions**, showing:
* **Prediction** โ The round details.
* **My Choice** โ Whether you predicted **up or down**.
* **Result** โ The final outcome of that round.
* **My Reward** โ The amount of **USDT** won (if applicable).
* **Filtering Options (Top Right of Entries Section)**
* **All Entries** โ Displays all past predictions, including wins and losses.
* **Wins Only** โ Filters and shows only successful predictions where rewards were earned.
{% hint style="success" %}
If **no one places a bet on the opposite side**, all bets are **refunded**, but a **fee is deducted**. This fee is used for the **buyback of SQR**.
{% endhint %}
{% hint style="info" %}
**โ ๏ธ Note:** Once a bet is placed, it **cannot** be changed or canceled.
{% endhint %}
{% hint style="warning" %}
**Disclaimer: This feature is a competitive prediction game between users, not a form of gambling between users and Magic Square. Magic Square does not take a cut of the prize poolโall funds contributed to the pool are redistributed to users who make the correct predictions. Magic Square only facilitates the process and takes a small service fee from the total pool before distribution. Please participate responsibly.**
{% endhint %}
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