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Fees & Costs

A complete breakdown of all fees on OddsForge — platform fees, gas costs, and what you actually pay.

Fee Summary

Fee TypeAmountWhen ChargedPaid To
Platform Fee5%At market resolutionOddsForge platform
Gas Fee (deposit)~$0.05When depositing USDCBSC network validators
Gas Fee (withdraw)~$0.05When withdrawing USDCBSC network validators
Gas Fee (trade)~$0.05When placing a tradeBSC network validators
Deposit Fee0%——
Withdrawal Fee0%——
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Bottom line: The only platform fee is 5% — and it's only taken from the losing side when a market resolves. No fees on deposits, withdrawals, or placing trades.

Platform Fee (5%)

The 5% platform fee (500 basis points) is the core revenue model of OddsForge. Here's exactly how it works:

When Is It Charged?

The fee is only charged at market resolution — the moment a market is officially resolved as YES or NO. It is never charged upfront.

How Is It Calculated?

The fee is deducted from the losing pool before distributing winnings:

  1. Market resolves → winning side determined
  2. Fee = Losing Pool × 5%
  3. Prize Pool = Losing Pool × 95% (distributed to winners)
  4. Winners receive: their original trade amount + proportional share of the prize pool

Worked Example

PoolAmount
YES Pool8,000 USDC
NO Pool2,000 USDC
Total Pool10,000 USDC

If YES wins:

ComponentCalculationAmount
5% Fee2,000 × 0.05100 USDC (→ platform)
Prize Pool2,000 × 0.951,900 USDC (→ YES traders)
YES traders get back8,000 + 1,9009,900 USDC total
â„šī¸
Winners always profit: The fee is taken from the losers, not the winners. If you win, you always get at least your original trade amount back (plus your share of the prize pool).

Gas Fees (BNB)

Every on-chain action requires a small gas fee paid in BNB to BSC validators. These are not charged by OddsForge — they're inherent to blockchain transactions.

Typical Gas Costs

ActionEstimated Gas Cost
USDC Approval (one-time)~$0.03
Deposit USDC~$0.05
Place a Trade~$0.05
Withdraw USDC~$0.05

Gas costs on BSC are extremely low compared to Ethereum. A full trading cycle (deposit → trade → withdraw) costs roughly $0.15 in total gas.

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Get BNB: You need a small amount of BNB for gas. You can buy BNB on exchanges like Binance, or bridge from other chains.

No Hidden Fees

OddsForge does NOT charge any of the following:

Cancelled Markets

If a market is cancelled before resolution:

Special Cases

For detailed information on how fees work in edge cases (e.g., no winners in a resolved market), see the Edge Cases & Rules page.