What you are risking
A prediction position can lose its full purchase cost. Prices and payout multiples are not promises, not advice, and not objective probabilities.
- Market risk. A losing share pays $0. The most you can lose on a purchase is what you paid, plus any fee.
- Rules risk. A market title is not the settlement contract. Read the rules, evidence sources, timing, outcome conditions and void treatment before trading. See Read the rules.
- Liquidity risk. A position can be hard to enter or exit at the displayed price, especially when the book is thin or one-sided. A portfolio mark is not a guaranteed exit.
- Technology and provider risk. Deposits, orders, portfolio refresh, resolution indexing and claims can all be delayed. Avoid duplicate submissions while an action is pending.
- Smart contract and oracle risk. Outcomes follow published rules and on-chain state.
Eligibility
Access can depend on geography, account state, product access, verification and contest whitelisting. Where access is blocked, XO shows the reason and the next action available to you.
Eligibility is checked at the point of use, so a product available to you today may show a restriction later, and vice versa.
Trading responsibly
Prediction markets can be engaging in ways that resemble other forms of speculation. A few habits worth keeping:
- Decide your maximum stake before you open the ticket, not after a loss.
- Treat a losing position as spent, not as something to recover.
- Size against the amount you’d accept losing entirely — not against your balance.
- Take breaks after streaks in either direction. Momentum feels like information and usually isn’t.
If trading has stopped feeling optional, step away from the account and talk to someone you trust.
