Frequently Asked Questions
What can we help you find
Can’t find answers and still have specific questions? please reach out to us here: support@bayse.markets
What is Bayse?
Bayse is an innovative prediction market platform where you can trade on the outcome of real-world events;
from sports matches and elections to music and crypto prices. Bayse combines trading and prediction, giving you a fun,
transparent, and rewarding way to turn accurate forecasts into profit.
How do I create an account?
Creating your Bayse account is quick and easy. Download the Bayse App from the Play Store or App Store. Open the app and tap “Create an account”.
Register using your email or sign up with Google or Apple. Verify your email through the One-Time Password (OTP) sent to your inbox. Set up your password and PIN for secure access and transactions.
Can I update or change my account registration details?
You can update your profile details like WagrTag or photo from Account Settings in the app. You can only have changes to some details after your KYC verification such as your verified name or KYC document. If you need help updating information, contact support through the in-app chat or at support@bayse.markets.
Can I have more than one Bayse account?
No. Each user is allowed only one Bayse account for security and compliance reasons. Creating or operating multiple accounts is against Bayse’s policy and may lead to permanent suspension.
CATEGORY: TRADING
How do I make my first trade on Bayse?
Once you’ve funded your wallet, browse the available prediction markets.
Select a market, choose your outcome ("Yes" or "No"), enter your stake, and confirm your trade. Your shares will appear in your portfolio.
Where do I find my trades?
Open the app and tap on “Trades” and then Portfolio or Activity. Here, you’ll see all your active trades (ongoing predictions) and completed trades (resolved events), with the status and outcome.
What are "Market Summary" and "Market Rules"?
The market summary provides context for the market (e.g., what is being predicted, the timeline, etc.),
while the market rules explain how outcomes will be determined. Users are advised to review both carefully before trading.
What are “Yes” and “No” shares?
"Yes" shares mean you believe the event will happen; “No” shares mean you think it will not.
For example, in “Will Team A win?”, buy "Yes" if you expect them to win, "No" if not. If the market resolves in your favor, each share pays out in full.
How much money do I need to start trading?
You can start with as little as the cost of a single share. In Bayse, the minimum tradable amount is $1 and ₦100. Share prices change by market but you can invest any amount above the minimum.
How long does it take for a market to be resolved?
Markets are generally resolved within 5 minutes to 12 hours, depending on the market, after the outcome becomes clear. However, some may take longer if additional verification is required to ensure accuracy and fairness.
Can I trade in multiple events at once?
Yes! You can trade across multiple markets simultaneously, for example, a sports match, a crypto price event, and a music chart prediction, all at once. Each market operates independently, so your profits or losses are specific to that event.
Can I cancel a trade after placing it?
No, once a trade is confirmed, you can’t cancel it. However, you can choose to sell your shares in an open market before the event resolves, allowing you to lock in profits or cut losses early.
How do I monitor my trades?
Visit your Portfolio tab in the Trades section: it shows all current trades, their entry price, current value, and cashout options if available. You can also review active and completed trades along with your profit/loss for each.
What happens if the event outcome matches my prediction?
If your prediction is correct, each winning share pays out at its full value (₦100 or $1), and your profits depend on the price you paid for the shares.
What if the event doesn’t go as predicted?
If the outcome is the opposite of your prediction, your shares settle at $0/₦0, and your initial stake is lost. Every market is transparent, and results are verified using official sources.
What types of events can I predict on Bayse?
Bayse offers a variety of markets across different categories: sports, entertainment, politics, current affairs, finance & crypto etc. Each market has clear summaries, timelines, and rules so you know exactly how results are determined.
Can I trade shares before the event ends?
Yes. You can buy or sell shares before an event ends. Share prices fluctuate in real-time, so you can trade strategically based on market movement.
How are events verified and resolved?
Bayse uses official and publicly available data sources to verify event outcomes. Once verified, markets are resolved automatically, and payouts are credited instantly.
What does it mean when a market is “settled”?
A settled market means the event has officially ended, and results have been verified. Winning trades are automatically paid out to your wallet, and losing shares expire at ₦0.
Why can’t I place a trade?
Make sure you have enough balance in your selected wallet. Ensure the market is still open and your app is updated to the latest version. If all seems fine, contact in-app support for assistance.
Can I trade on the same market with both 'Yes' and 'No'?
No. Users are not allowed to take both sides of the same market. This is to maintain the integrity of the market and reduce system abuse or loophole exploitation.
Why are some markets not available to me?
Market availability may be restricted based on your location or platform rules. If you believe your access is limited in error, kindly contact support@bayse.markets.
Are markets resolved based on the time I made my trade?
No. Markets are resolved based on the final outcome and timelines outlined in the market summary and rules, not the time a user entered a position.
CATEGORY: SHARES
How are share prices set on Bayse?
Share prices are dynamic; they’re determined by supply and demand in the market. When more users buy “Yes,” the price of “Yes” shares goes up. When fewer people buy “No,” its price drops. This system ensures that prices always reflect the collective market belief about how likely an outcome is.
Do Bayse trade, influence, or manipulate market outcomes?
Absolutely not. Bayse does not interfere with market activity or results. We are a neutral platform that facilitates user-to-user trading based on shared beliefs and predictions.
Are share prices fixed?
No. Share prices change constantly as users trade. They can move up or down multiple times before an event ends, depending on demand and new information.
Can share prices be manipulated?
Bayse’s pricing system is based on real-time market activity, not on manual adjustment.