🔮Magic Predictions

Magic Predictions

🔮 What are Magic Predictions?

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.

🎯 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.

🎲 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.

✅ 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 – Shows the total USDT earned from successful predictions.

  • Times Played – Displays the total number of predictions placed.

  • Times Won – Shows how many rounds you have won.

  • Win Rate – Calculates the percentage of winning predictions out of total bets placed.

• Prediction Entries Section (Bottom Part)

  • This section lists all past predictions, showing:

    • Prediction – The round details.

    • My Choice – Whether you predicted up or down.

    • Result – The final outcome of that round.

    • My Reward – The amount of USDT won (if applicable).

• Filtering Options (Top Right of Entries Section)

  • All Entries – Displays all past predictions, including wins and losses.

  • Wins Only – Filters and shows only successful predictions where rewards were earned.

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.

⚠️ Note: Once a bet is placed, it cannot be changed or canceled.

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 pool—all 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.