Getting Started

Welcome to BeeNBet! This guide will walk you through everything you need to know to start crypto betting on our secure platform.

What You'll Need

1. A Crypto Wallet

BeeNBet works with most popular crypto wallets:

• MetaMask (Recommended)
• Trust Wallet
• Coinbase Wallet
• WalletConnect compatible wallets

2. Crypto for Betting

You'll need crypto to place bets:

• Bitcoin (BTC): Most popular betting currency
• Ethereum (ETH): Fast transactions
• Stablecoins (USDT/USDC): Stable value betting
• Other Cryptos: Various supported currencies

3. Basic Understanding

Before you start:

• Crypto Betting: How crypto betting works and its advantages
• Risk Management: Only bet what you can afford to lose
• Market Research: Understand the betting markets before placing bets

Step-by-Step Setup

Step 1: Connect Your Wallet

1. Visit BeeNBet: Go to https://beebbet.io/
2. Click "Connect Wallet": Look for the connect button
3. Select Your Wallet: Choose from supported wallets
4. Authorize Connection: Approve the connection in your wallet
5. Verify Connection: Ensure your wallet is connected

Step 2: Fund Your Account

1. Check Your Balance: See your current crypto balance
2. Add Funds: Transfer crypto to your wallet if needed
3. Verify Funds: Confirm you have enough for betting
4. Keep Transaction Fees: Reserve some crypto for transaction fees

Step 3: Browse Betting Markets

1. Market List: View all available crypto betting markets
2. Filter Options: Use categories to find interesting markets
3. Market Details: Click on markets to see more information
4. Research Events: Understand what you're betting on

Step 4: Place Your First Bet

1. Choose a Market: Select a crypto betting market you understand
2. Analyze the Event: Research the event and its likelihood
3. Decide Your Position: Choose your betting option based on your analysis
4. Place Your Bet: Enter your bet amount and confirm
5. Confirm Transaction: Approve the transaction in your wallet

Understanding the Interface

Betting Markets

• Market Title: Clear description of the crypto event
• Current Odds: See betting odds for different outcomes
• Time Remaining: How long until the event resolves
• Category: Type of event (crypto prices, sports, etc.)

Market Details

• Event Description: Detailed explanation of the event
• Resolution Criteria: How the market will be settled
• Betting History: Recent activity and odds movements
• Your Position: Your current bets and potential payout

Betting Interface

• Place Bet: Choose your betting option
• Bet Amount: Enter how much you want to bet
• Odds Display: Current odds for your selection
• Potential Payout: How much you could win
• Transaction Fee: Network fee for the transaction

Your First Bet

Choosing a Market

For your first bet, consider:

• Simple Events: Choose crypto events you understand well
• Clear Outcomes: Events with obvious win/lose conditions
• Reasonable Timeframes: Not too far in the future
• Your Knowledge: Events you have information about

Example First Bet

Market: "Will BTC reach $50,000 by 2024-06-30?"
Your Analysis: You believe BTC will reach $50,000
Your Bet: Place 0.1 BTC bet on "Yes"
Odds: 1.8x
Potential Payout: 0.18 BTC if you win

Placing the Bet

1. Choose Your Option: Select "Yes" or "No"
2. Enter Bet Amount: Specify how much you want to bet
3. Review Details: Check the odds and potential payout
4. Confirm Transaction: Approve in your wallet
5. Wait for Confirmation: Transaction processes on blockchain

Risk Management

Start Small

• First Bets: Use small crypto amounts to learn
• Learn the Platform: Understand how crypto betting works
• Build Confidence: Gain experience before larger bets
• Test Strategies: Try different betting approaches

Diversify Your Bets

• Multiple Markets: Don't put all your crypto in one market
• Different Categories: Spread risk across crypto events
• Various Timeframes: Mix short and long-term bets
• Risk Levels: Balance high-risk and low-risk bets

Set Limits

• Maximum Bet Size: Never bet more crypto than you can afford to lose
• Daily Limits: Set limits on daily betting activity
• Loss Limits: Stop betting if you reach your loss limit
• Win Goals: Consider stopping after reaching profit goals

Common Mistakes to Avoid

1. Betting Too Much

• Start Small: Use small crypto amounts initially
• Learn First: Understand crypto betting before large bets
• Risk Management: Never bet more crypto than you can afford

2. Not Researching Events

• Do Your Homework: Research crypto events before betting
• Understand Criteria: Know how markets will be resolved
• Check Sources: Verify information from multiple sources

3. Emotional Betting

• Stay Rational: Make decisions based on analysis
• Avoid FOMO: Don't bet because others are betting
• Take Breaks: Step away if you're feeling emotional

Getting Help

Documentation

• User Guides: Comprehensive guides for all features
• FAQ: Common questions and answers
• Video Tutorials: Step-by-step video guides
• Best Practices: Tips for successful trading

Community Support

• Discord Server: Join our community Discord
• Telegram Group: Connect with other users
• Forum: Ask questions and share experiences
• Social Media: Follow us for updates and tips

Technical Support

• Support Email: support@beebbet.io
• Live Chat: Get help in real-time
• Issue Tracking: Report bugs and problems
• Feature Requests: Suggest new features

Next Steps

Learn More

• Advanced Strategies: Explore sophisticated trading approaches
• Market Analysis: Learn to analyze events effectively
• Risk Management: Develop your risk management skills
• Platform Features: Discover all available features

Practice Trading

• Start Small: Begin with small bets
• Track Performance: Monitor your results
• Learn from Mistakes: Improve your approach
• Build Experience: Gain confidence over time

Join the Community

• Discord: Connect with other traders
• Share Experiences: Learn from others' experiences
• Ask Questions: Get help when you need it
• Contribute: Help other users learn

Ready to Start?

You're now ready to start crypto betting on BeeNBet! Remember:

• Start Small: Use small crypto amounts initially
• Research Events: Understand what crypto events you're betting on
• Manage Risk: Only bet crypto you can afford to lose
• Have Fun: Enjoy the excitement of crypto betting

Important: All bets are locked until market resolution. Make sure you're comfortable with your position before confirming your bet.

Ready to place your first crypto bet? Browse available markets and start betting!