Fees & Costs
A complete breakdown of all fees on OddsForge â platform fees, gas costs, and what you actually pay.
Fee Summary
| Fee Type | Amount | When Charged | Paid To |
|---|---|---|---|
| Platform Fee | 5% | At market resolution | OddsForge platform |
| Gas Fee (deposit) | ~$0.05 | When depositing USDC | BSC network validators |
| Gas Fee (withdraw) | ~$0.05 | When withdrawing USDC | BSC network validators |
| Gas Fee (trade) | ~$0.05 | When placing a trade | BSC network validators |
| Deposit Fee | 0% | â | â |
| Withdrawal Fee | 0% | â | â |
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 â 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:
- Market resolves â winning side determined
- Fee = Losing Pool à 5%
- Prize Pool = Losing Pool à 95% (distributed to winners)
- Winners receive: their original trade amount + proportional share of the prize pool
Worked Example
| Pool | Amount |
|---|---|
| YES Pool | 8,000 USDC |
| NO Pool | 2,000 USDC |
| Total Pool | 10,000 USDC |
If YES wins:
| Component | Calculation | Amount |
|---|---|---|
| 5% Fee | 2,000 Ã 0.05 | 100 USDC (â platform) |
| Prize Pool | 2,000 Ã 0.95 | 1,900 USDC (â YES traders) |
| YES traders get back | 8,000 + 1,900 | 9,900 USDC total |
Gas Fees (BNB)
Every on-chain action requires a small gas fee paid in BNB to BSC validators. These are not charged by OddsForge â they're inherent to blockchain transactions.
Typical Gas Costs
| Action | Estimated 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 â trade â withdraw) costs roughly $0.15 in total gas.
No Hidden Fees
OddsForge does NOT charge any of the following:
- â Deposit fees
- â Withdrawal fees
- â Trade placement fees
- â Inactivity fees
- â Spread or slippage charges
Cancelled Markets
If a market is cancelled before resolution:
- No fee is charged â the 5% fee only applies at resolution.
- All traders receive a 100% refund of their original trade amount.
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.
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