Your winnings are determined by how many shares you bought and whether your prediction was correct. The earlier and more accurately you trade, the greater your profit potential. Your payout depends on:
Which side you took (YES or NO),
How much you paid per share, and
How the market resolves (YES or NO).
Gowagr uses a binary payout structure:
If your prediction is correct, each share pays ₦100.
If your prediction is wrong, each share pays ₦0 (worthless).
Basic Formula:
Profit = (Payout – Buy Price) × Number of Shares
Market Scenario:
Market: “Will Nigeria qualify for the 2026 FIFA World Cup?”
Resolution Date: December 1, 2025
Type: Binary (YES/NO)
Case 1: Nigeria Qualifies (Market Resolves to YES)
You bought YES shares at ₦38
You bought 200 shares
Event happens → Nigeria qualifies
Payout Calculation:
Each share = ₦100
Payout = 200 × 100 = ₦20,000
Profit:
Profit = (100 – 38) × 200 = ₦12,400
You took a calculated risk when the market wasn’t confident, and it paid off.
Case 2: Nigeria Fails to Qualify (Market Resolves to NO)
Same position: 200 YES shares bought at ₦38
Event doesn’t happen
Payout:
Each share = ₦0.00
Total payout = 0.00 × 200 = ₦0.00
Loss:
Loss = 38 × 200 = –₦7,600
Note: This is a simplified example. In reality, profits within a market depend on several factors including liquidity, market sentiment, trading volume, and timing of entry or exit.