Place a bet

Step-by-step walkthrough of placing a private bet in the Cyphers app.

This guide walks you through placing a bet in the app. For a first-time setup (wallet, USDC, devnet), see the Quickstart first.

Find the right market

Open Markets. Each card shows the question, the current pool split, the total staked, the close time, and the status badge.

Only markets in the Betting phase accept new bets. The status badge tells you at a glance.

Pick a side and an amount

Click into a market. The bet panel shows:

• YesNo markets: YES and NO buttons.
• MultiOutcome markets: one button per option (2 to 4 options).

Pick a side. Enter the amount in USDC (minimum $1). The app shows a live preview of the two fees and your projected payout.

Confirm the transaction

Click Bet and approve the transaction in your wallet. The app walks through six stages:

Stage	What’s happening
Validating	Confirms the market is still open
Preparing	Fetches current fees and encryption key
Encrypting	Your browser scrambles your side with a fresh key
Submitting	Transaction lands on Solana (≈1 second)
Awaiting MPC	Arcium updates the pool with your encrypted bet (≈10 seconds)
Finalizing	Your position appears in Positions

You can leave the page after Submitting - the app picks up when you return.

A key is saved to your browser’s local storage so you can see your own side later. Clearing browser data removes it - but your bet and payout are safe. See FAQ.

See your position

Open the Positions tab. Your bet shows your side (visible to you only), stake, locked-in odds, and current market status.

You can place multiple bets on the same market. Each becomes a separate position with its own key.

What’s next

• Claim payout - what to do when the market resolves.
• Market lifecycle - the full timeline from bet to claim.
• Dispute resolution - how to flag a bad result.