Shares on Gowagr represent your belief in an outcome.
How to Buy and Sell Shares in a Market
Participating in a prediction market is easy:
Browse Open Markets: Head to the Trade section to see a list of ongoing prediction markets.
Choose a Market: Click on a market to view its summary, rules, and timeline.
Buy Shares: Decide whether to buy "Yes" or "No" shares based on your prediction. Each share is priced dynamically based on supply and demand.
Monitor & Sell (Optional): You can sell your shares before the market closes if you want to secure a profit or cut a potential loss.
Get Paid: If your final position is correct when the market resolves, you receive your payout.
How "Yes" and "No" Shares Work
Buying a “Yes” share means you believe the event will happen.
Buying a “No” share means you believe the event will not happen.
Each share pays out ₦100 if your prediction is correct.
Example:
Let’s say there’s a market asking: “Will Team A win on Sunday?”
You decide to buy 10 “Yes” shares at ₦60 each, totaling ₦600.
If Team A wins, you receive ₦1,000 (₦100 × 10 shares), giving you a profit of ₦400.
If Team A loses, you lose your ₦600 investment.
In essence, your potential profit is based on the price you bought in and whether your prediction turns out to be correct. Lower share prices come with higher risk but also higher potential reward.
This simple structure makes it easy to get started—even if you're new to prediction markets.
Each share pays out ₦100 if your prediction is correct.