# Events

## Overview

Events is a prediction market for real-world outcomes — sports matches, elections, awards shows, financial milestones. Each event lists a fixed set of possible outcomes; players stake CELT on the outcome they expect, and at resolution the winning side splits the pool.

## How the Game Works

Each event card displays:

* The event name and date.
* The available outcomes.
* A countdown to the betting deadline.
* Aggregate betting statistics — total volume per outcome, number of bettors, current implied odds.

<figure><img src="/files/Dfsgcj6QmyL0SeLqxVG4" alt=""><figcaption><p>Event detail screen — example showing the 2024 US Elections with outcomes, deadline, and live bet statistics</p></figcaption></figure>

## How to Bet

1. Connect your wallet (Pass NFT required).
2. Select the event you want to bet on.
3. Choose the outcome you expect.
4. Enter your CELT stake.
5. Confirm the transaction. Earlier bets earn a higher bonus weight than late entries.
6. Track your active bets in the **My Bets** tab.

## Decision

* Each event has a payout deadline listed in its terms and conditions, with the countdown displayed on the event card.
* The result is committed by the **decision wallet** assigned to the event.
* If the event is not resolved by its deadline, all bets are refunded automatically.

## Payout Structure

Winnings depend on two factors:

* **Stake size** — winners split the losing-side pool in proportion to their own contribution.
* **Bet timing** — earlier bets receive a higher bonus multiplier than later bets of the same size, in line with the bonus mechanism used across Celestium shared-betting games.

## Strategy Tips

* Bet early when you have a clear view — the bonus multiplier is largest at the start of the betting window.
* Stay informed about the underlying event. Late-breaking news shifts the implied odds.
* See [General Strategy](/dexgames/games-strategies/general-strategy.md) for the protocol-level guidance on responsible play.


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