REF / PIT-002HOW IT WORKS · FAQNO HOUSE · NO FEE

How noid.bet works

Player-vs-player UP/DOWN bets settled by on-chain escrow, plus crowdfunds, job bounties and a token launchpad. No house.

How it works
  1. Pick a side and a bet. UP if you think NOID's price closes higher at the end of the round. Pick a market: the price of NOID, BTC, ETH, SOL, DOGE, GOLD or NEMO (NEMO is priced in NOID on the NOID DEX), or RAIN in Miami — then a round. RAIN bets: you pick RAIN or DRY for the next 1 hour or 24 hours. RAIN wins if any official Miami airport (KMIA) weather report issued during the round shows rain falling at the airport; otherwise DRY wins. If no report comes in during the round, both bets are refunded. Every bet is paid in NOID either way. Rounds are 15 minutes, 1 hour or 24 hours, chosen by whoever places the bet, DOWN if lower. Bet any amount from 0.1 NOID up — no maximum.
  2. Someone matches you. They take the opposite side for exactly the same bet — never more, never less.
  3. Both pay into your own escrow. Each player gets a personal escrow address with a QR code. Send the exact amount from any NOID wallet (Noidium, web or desktop). Both deposits need 3 confirmations within 5 minutes or both are refunded.
  4. The round starts instantly. As soon as both deposits confirm (~1.5 min), the round begins. Entry = NOID price at that moment, close = price at the end of the round.
  5. Winner takes the pot. Price up → UP wins, down → DOWN wins, unchanged → both refunded. The winner receives both bets minus two ~0.02 NOID network fees. noid.bet takes nothing.
  6. You can't be robbed. The escrow contract only lets the referee pay your opponent (if you lost) or you (if you won or it was a draw). If the referee ever goes down, after the deadline block (~3 h) only you can reclaim your own escrow.
Escrow rules
  • You choose the bet — any amount from 0.1 NOID, no maximum. Whoever takes your offer bets exactly the same amount. Unmatched offers expire after 10 minutes, so nobody can take a bet at a stale price — just place a new one.
  • Each player sends their bet in one payment to their own escrow address (shown only to you once matched).
  • The winner gets both bets minus two ~0.02 NOID network fees. Example: 10 vs 10 → winner receives 19.96 NOID. noid.bet takes nothing.
  • The referee can only send your bet to your opponent (you lost) or back to you (you won, flat price, or no-show). It can never pay itself.
  • If the referee disappears, after the deadline block only you can reclaim your escrow.
  • Long bets lock your NOID for days. Friday 4 PM ET up to ~8 days, 1 week = 7 days, month end up to ~34 days, plus up to 12 h waiting for the maker. See the FAQ.
  • Both escrows need 3 confirmations within 5 min, then the round (15 min, 1 hour or 24 hours) starts immediately. Network fee per payout 0.02 NOID, taken from the pot.
Launchpad, crowdfunds & bounties
  1. Launchpad. Anyone with 1,500 $NOIDBET posts a token idea: name, ticker, description, website, image and a NOID goal (min 1,000) for 3, 7, 14 or 30 days. The poster gets no dev share and backs it like anyone else.
  2. Pledges sit in your own escrow. It can only refund you or go to the noid.bet launch bot. One address counts at most 3% of the goal, so a raise needs at least 34 backers. It can fill up to 2× its goal; anything over is refunded.
  3. Goal hit → the bot launches it. It creates the token with the image and description on-chain, buys the whole launch curve (60% of supply) and sends every token to the backers, split by how much each put in. The other 40% is locked by the chain as DEX liquidity. 2.5% of the raise goes to the $NOIDBET buyback and burn.
  4. Goal missed or launch fails → full refund, minus the ~0.02 NOID network fee. Pledges are locked until the raise ends and the launch finishes (up to the raise length + 7 days). If noid.bet goes offline, each backer reclaims their own escrow after that deadline.
  5. Crowdfunds (1,500 $NOIDBET to post): all or nothing. Goal hit → the poster gets the pledges. Missed or cancelled → every backer is refunded. No fee.
  6. Job bounties: the poster picks a hunter and locks the reward in an escrow that can only pay that hunter or refund the poster. The poster approves or rejects the proof; silent for 72 h → the hunter is paid. No fee.

Crowdfunds and bounties are trust-based: noid.bet doesn't check anyone's work or promises. Launchpad tokens are not investments and nothing is promised about their price. LAUNCHPAD → · CROWDFUND →

FAQ
⚠ Long bets: how long is my NOID locked?

Friday 4 PM ET, 1 week and month end (4 PM ET) bets stay on the Open Bets board until someone takes them, the maker cancels, or 24 h before the close (1-week posts stay up to 7 days). Because they can sit for days, the order flips:

Taker: pay within 10 min of taking. Your NOID is then locked up to 12 hours while the maker pays. If the maker doesn't pay, you're refunded automatically (minus the ~0.02 NOID network fee). Once both have paid, it's locked until the close.
Maker: after the taker pays you have 12 hours to pay. Miss 3 in 30 days and you can't post long bets.
Locked for: Friday bets up to ~8 days (closes are always at least 36 h out), 1-week bets 7 days after both pay, month-end bets up to ~34 days (at least 72 h out).
If noid.bet goes down: only you can reclaim your escrow after its deadline, the close plus ~3 days (shown on the bet). Until then nobody can move it except to pay the result.
The entry price is set the moment both have paid, not when the bet was posted.

When is the final price set?

At the exact second the round ends (15 minutes, 1 hour or 24 hours after it starts). The final price is the last price recorded at or before that moment. Anything after the close never counts.

Why does the final price take a few seconds to show?

The price updates about every 15 seconds. When the round ends we wait for the first update stamped after the close, which proves no later price for the round can still arrive. Then the duel settles right away. That's usually 15–30 seconds after the close.

How long until I get paid?

The payout is sent as soon as the final price is set, and lands in the next NOID block (about 30 seconds). Usually you're paid within about a minute of the close. Each finished duel shows its transaction links.

How is the entry price set?

When both deposits have 3 confirmations, the round starts immediately. The entry is the latest price at that moment, which is never more than 60 seconds old.

Can I bet on a longer round?

Yes. Pick 15 MIN, 1 HOUR or 24 HOURS before you bet. Whoever takes your bet plays the same length, shown on every open bet. Longer rounds give the price more time to move, so ties are rarer. On a 24-hour round your NOID stays locked in escrow for the full day.

What if the price doesn't move?

If the final price equals the entry price, nobody wins and both players are refunded, minus the network fee.

What if the price feed stops updating?

The duel doesn't settle on a missing or stale price. It waits until prices come back, then settles using the last price recorded at or before the close.

What if nobody takes my bet?

Open bets expire after 10 minutes. Nothing was sent, so nothing is lost. Just place a new bet.

What if I send the wrong amount?

Send the exact amount shown, in one payment. Too little or split into several payments: it doesn't count, and after 5 minutes the duel is cancelled and every payment is refunded automatically (minus ~0.02 NOID network fee per payment). Too much: please don't — for now any extra goes with your bet, so if you lose, the winner gets it. Sent after the duel ended: refunded automatically within a few minutes.

What if my opponent never pays?

Both deposits must confirm within 5 minutes of the match (a countdown shows on your deposit box). If one side doesn't pay, whoever did pay is refunded in full, minus the network fee.

What does it cost?

noid.bet takes nothing: no house, no fee. Each payout pays a ~0.02 NOID network fee, taken from the pot. A 10 vs 10 duel pays the winner about 19.96 NOID.

Can I get alerts on Telegram?

Yes. Open @Noidbetbot, press START and send your o1… address. You get a message when your bet is taken (with the fund-by time), when the duel goes live, and when it settles. Send /new to also get every new bet posted on the board, /list to see what you watch, /stop to turn it all off. The bot only needs your public address: never send it a seed phrase or key.

How much can I bet?

Any amount from 0.1 NOID, with no maximum. Whoever takes your bet pays exactly the same amount.

Can big traders move the price?

Yes. It's a real market price and anyone trading NOID moves it, in either direction. That's part of the game. Only bet what you can afford to lose.

What are holder badges?

Wallets holding the noid.bet community token get a coloured name and a badge (HOLDER, SHARK, WHALE, BOSS) on the leaderboard and open bets. It's cosmetic only: you never need the token to play, it doesn't change odds or payouts, and it earns nothing from any pot.

Launchpad: who gets the tokens?

Only the backers. The launch bot buys the full 60% launch curve and splits it pro rata by pledge, poster included. The other 40% is permanent DEX liquidity locked by the chain. There is no dev wallet and no team allocation.

Launchpad: what does it cost?

2.5% of a successful raise goes to the $NOIDBET buyback and burn, plus network fees. Raises that miss their goal or fail to launch pay no fee and are refunded.

Why can't I put more than 3% into a raise?

So no single wallet ends up with most of the coins. Anything over 3% of the goal from one address is refunded before launch.

Which image can I upload for a token?

Any photo or picture. It is auto-cropped to a square 512×512 PNG in your browser. iPhone HEIC files only open in Safari; elsewhere, screenshot or save as JPG/PNG first.

What if noid.bet goes down?

Your NOID sits in an escrow contract, not in a noid.bet wallet. If the site never settles, after the deadline block (about 3 hours) only you can reclaim your own escrow, using a contract-capable NOID wallet.

EXPERIMENTAL SITE. noid.bet is experimental, unaudited software provided as-is. Smart contracts, price feeds, the network or the site can fail. By using it you accept all risk. noid.bet and its operators are not responsible for any loss of user funds. Only bet what you can afford to lose.