How DigiFlip works
No jargon. If you've ever put a dollar in a football pool at the office, you already know 90% of this.
The idea, in one sentence
People put a little DGB (the DigiByte coin) behind a yes or no guess about something that hasn't happened yet. When the real answer comes in, the people who guessed right split the DGB from the people who guessed wrong.
A kitchen-table example
The question: "Will it rain on Saturday?"
- Alice puts $10 on YES.
- Bob puts $30 on YES.
- Carol puts $40 on NO.
Saturday rolls around. It rains. Alice and Bob get their own money back and split Carol's $40 between them — in the same proportion they put in. Carol's guess was wrong, so her $40 went to the people who got it right.
DigiFlip does the exact same thing, but with DGB instead of dollars, and with a website keeping track instead of a notebook.
The one fee
DigiFlip takes 5% of the losing pile when a market is decided. That's the only money the site makes. No fee to deposit, no fee to win, no fee to withdraw.
How to get started, in 3 steps
1. Get a DGB wallet
A wallet is a free app that holds your DGB. Download one that supports Digi-ID from digibyte.org.
2. Log in and fund
Click Log in, scan the QR with your wallet. Then on the Wallet page, send DGB to your personal deposit address.
3. Pick a market and vote
Browse open markets, pick a question, choose YES or NO, put some DGB behind it. Come back when the answer arrives — your Dashboard shows what you won.
If something isn't decided fairly
If a question is ambiguous or the event just doesn't happen, the market is refunded — everyone gets their stake back, no fee. If you think a resolved market was decided wrong, every market has a Flag resolution button for 24 hours after it closes.
Only put in what you can afford to lose
Prediction markets are real money and good guesses can lose. Treat it like the $10 you'd throw into a March Madness office pool, not like your rent money. See our Terms for the full rules.
Show me the exact math
Same rainy-Saturday example, in DGB, with the fee spelled out.
| Voter | Side | Stake |
|---|---|---|
| Alice | YES | 10 DGB |
| Bob | YES | 30 DGB |
| Carol | NO | 40 DGB |
The market resolves YES. Losing pool = 40 DGB (Carol's stake).
- House fee: 40 × 5% = 2 DGB
- Left for winners: 40 − 2 = 38 DGB
- Alice staked 25% of the YES side → gets her 10 back + 25% of 38 = 19.50 DGB
- Bob staked 75% of the YES side → gets his 30 back + 75% of 38 = 58.50 DGB
- Carol gets nothing — her 40 DGB was the losing pool
19.50 + 58.50 + 2.00 = 80.00 DGB, which equals the total staked. No DGB is created or destroyed.