[ANN] SolBetX - Decentralized Prediction Market on Solana

[stuff0577]

What is SolBetX?  
SolBetX is a decentralized prediction platform built on the Solana blockchain. Users can bet on real-world events—sports, politics, pop culture—and earn crypto rewards. No middlemen. No custodians. Just smart contracts.

Website: https://solbetx.com  
Open Source: GitHub Repo  
Powered by: Solana Blockchain + Anchor Smart Contracts

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Key Features  

   • Fully decentralized — bets are recorded on-chain  
   • Transparent and fair odds (no house manipulation)  
   • Community-curated events — Anyone can create an event  
   • Earn 1% of all deposits on the events you create  
   • Flat 3% fee: 1% Creator • 1% Oracle • 1% Platform  
   • Commit-Reveal Oracle secured by truth.it.com  


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Live Now – Join the Action  
Experience SolBetX live: https://solbetx.com

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Example Events  

   • Will Taylor Swift announce her engagement before 2025 ends?  
   • OKC will finish the series in Game 6.  
   • Will Bitcoin hit $100k in 2025?  


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Join the Discussion  
We welcome all feedback, questions, and event suggestions.  
Twitter: https://twitter.com/solbetx

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Verified & Transparent  

   • All smart contracts written in Anchor  
   • Solana Program ID: Dm3SXYSbQJJjiFR346vLh41wdPnXSJcq4pMsheuWnfU4  
   • Deployed on Solana Mainnet and Devnet  
   • 100% non-custodial betting  


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SolBetX Instructions


Please read all instructions!  
This is an open source project; there is no guarantee of any kind provided by the authors of the software. Please understand and be aware of all risks related to smart contract errors and vulnerabilities.  
Use at your own risk!


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Rewards Distribution  

   • 1% to the event creator  
   • 1% to the SolBetX development fund  
   • 1% to the Truth.It oracle  
   • 97% to the winners based on share of total bets  


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Odds Mechanism  
Odds are calculated dynamically.  
Your reward = (your share of winning side) × (total pool)

Example:  
   • 30 SOL on “false”, 10 SOL on “true”  
   • You bet 1 SOL on “true” (10% of that side)  
   • If “true” wins, you get 10% × 40 SOL = 4 SOL  
   • Result: 4:1 odds  


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Creating an Event  

To create an event, click "Create Event" and enter the statement and resolution time.  
You’ll approve two Solana transactions:  

   • 0.1 SOL deposit to Truth.It  
   • A rent fee (refundable after resolution)

Claim your 1% event creator reward using the "Claim Rewards" button after the event ends.

Your event must clearly resolve as either true or false!


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Guidelines

Legal Notice:  
Please play responsibly. Ensure that using SolBetX is legal in your jurisdiction.

Technical Note:  
You can run the front-end locally via our GitHub repo.  
All data is stored on-chain. The smart contract is immutable, non-upgradable, and irreversible.  
There is no backend server — only Solana nodes.

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Built on Truth. Powered by the People. Just 3% fuels it all.

[HONDACD125]

Welcome to the forum.

Please, reorganize your ANN because it looks messed up, and it makes it difficult to read through because you have added spaces and pushed the content forward for some reason only known to you. Either keep the content in the middle by using the "center" tags, or get them to the beginning and only leave the image in the center. This way, the content will be more organized and easier to read and understand.

I like the concept, which allows anyone to create events, and if people bet on the events they've created, they get rewarded 1% of the total amount wagered. This means that if your platform stays around and gains traction, there will be competiton among users whether who can create the best events that will be liked by the most and will get many bets.

I will use the platform in the future for sure.

[Haunebu]

Just checked your site out and I must say that it looks really bad with a frankly poor user interface. Your team really needs to improve the overall design in order to attract gamblers as soon as possible.

Also, a 3% fee is absolutely bad especially for a new site like yours op. I feel something like 1% would make it a lot more competitive. Bad first impressions.

[Upgrade00]

Can you confirm that you're na official representative for the website or you're posting as an individual?

As mentioned, the thread needs professional improvement to make it more attractive and frankly understandable too. Also if you run entirely on Solana, the thread should not be here but in the altcoin section.

[Riceandbean]

Honestly, this decentralized odds system on SolBetX feels pretty fresh to me.

Instead of fixed odds like 1.5 or 2.0 set by a bookmaker, the payouts are based entirely on how people are betting — which makes it more transparent and community-driven. If most people bet on OKC to win, then obviously the returns for that option get smaller, while the underdog (like Indiana in this case) would offer much higher potential rewards.
https://solbetx.com/question/HDFFQ8RxkB6RiU8cS5meWzG7NcinAncJdE9SBs8q2L24


It's kind of like DeFi meets prediction markets — and I like that your funds are locked in smart contracts until the outcome is verified. No middlemen, no house edge manipulation, and the market basically determines the "odds" in real time. 3% fee i don't think is high compare with bookie 10 cent or 20 cent juice

Might be worth following more of these events just to see how betting psychology plays out when there’s no traditional bookmaker involved.

[stuff0577]

Welcome to the forum.

Please, reorganize your ANN because it looks messed up, and it makes it difficult to read through because you have added spaces and pushed the content forward for some reason only known to you. Either keep the content in the middle by using the "center" tags, or get them to the beginning and only leave the image in the center. This way, the content will be more organized and easier to read and understand.

I like the concept, which allows anyone to create events, and if people bet on the events they've created, they get rewarded 1% of the total amount wagered. This means that if your platform stays around and gains traction, there will be competiton among users whether who can create the best events that will be liked by the most and will get many bets.

I will use the platform in the future for sure.

Thanks for the heads-up! I appreciate your feedback and will update the post to make it cleaner and easier to read. Glad you liked the concept—we're excited to see the kind of creative events the community will come up with. Looking forward to having you on the platform!

[stuff0577]

Just checked your site out and I must say that it looks really bad with a frankly poor user interface. Your team really needs to improve the overall design in order to attract gamblers as soon as possible.

Also, a 3% fee is absolutely bad especially for a new site like yours op. I feel something like 1% would make it a lot more competitive. Bad first impressions.

Thanks for taking the time to check out the site and share your thoughts. We genuinely appreciate the honest feedback—it helps us grow. UI/UX improvements are definitely on our roadmap, and we’re actively working on enhancing the overall experience. As for the fees, your point is noted—we’re always evaluating ways to make the platform more competitive and user-friendly. Thanks again for your input!

[stuff0577]

Can you confirm that you're na official representative for the website or you're posting as an individual?

As mentioned, the thread needs professional improvement to make it more attractive and frankly understandable too. Also if you run entirely on Solana, the thread should not be here but in the altcoin section.

Thanks for pointing that out. Yes, I’m one of the developers behind the platform. I’ll make sure to revise the thread to better reflect a more professional and clear presentation. Also noted regarding the section—if needed, I’ll request to move it to the appropriate board like Altcoin. Appreciate your guidance!

[stuff0577]

Honestly, this decentralized odds system on SolBetX feels pretty fresh to me.

Instead of fixed odds like 1.5 or 2.0 set by a bookmaker, the payouts are based entirely on how people are betting — which makes it more transparent and community-driven. If most people bet on OKC to win, then obviously the returns for that option get smaller, while the underdog (like Indiana in this case) would offer much higher potential rewards.
https://solbetx.com/question/HDFFQ8RxkB6RiU8cS5meWzG7NcinAncJdE9SBs8q2L24


It's kind of like DeFi meets prediction markets — and I like that your funds are locked in smart contracts until the outcome is verified. No middlemen, no house edge manipulation, and the market basically determines the "odds" in real time. 3% fee i don't think is high compare with bookie 10 cent or 20 cent juice

Might be worth following more of these events just to see how betting psychology plays out when there’s no traditional bookmaker involved.

Appreciate the thoughtful take! Glad you see the value in the decentralized model and transparent odds. Hope to see you in future events! Cheers...

[Upgrade00]

Thanks for pointing that out. Yes, I’m one of the developers behind the platform. I’ll make sure to revise the thread to better reflect a more professional and clear presentation.

If you need help promoting here on the forum, you can reach out to me here or on telegram; @Upgrade00. I can also be of help navigating the forum.

Also noted regarding the section—if needed, I’ll request to move it to the appropriate board like Altcoin. Appreciate your guidance!

You can also move your thread yourself. There's a move topic option at the bottom left of this page. But if you're not sure where to move it to, you can always report the thread and mods will take the most appropriate action.

[stuff0577]

Thanks for pointing that out. Yes, I’m one of the developers behind the platform. I’ll make sure to revise the thread to better reflect a more professional and clear presentation.

If you need help promoting here on the forum, you can reach out to me here or on telegram; @Upgrade00. I can also be of help navigating the forum.

Also noted regarding the section—if needed, I’ll request to move it to the appropriate board like Altcoin. Appreciate your guidance!

You can also move your thread yourself. There's a move topic option at the bottom left of this page. But if you're not sure where to move it to, you can always report the thread and mods will take the most appropriate action.

Thank you for the offer! I really appreciate your willingness to help. I’ll let you know soon if I need assistance with promotion or navigating the forum.

[stuff0577]

Game 7 is LIVE on SolBetX!
It all comes down to this — Thunder vs. Pacers. One game to decide it all.
Do you believe in OKC closing it out on their home court, or will Indiana pull off the upset?

True or False: OKC wins Game 7
Make your prediction now and earn crypto based on community-driven odds.

👉 Join the event here
No middlemen. Just smart contracts. Powered by Solana.
📊 Transparent odds • 🔒 On-chain bets • 💸 Only 3% total fees

Let’s make this Game 7 even more exciting — place your bet and be part of the action!

[stuff0577]

Just wanted to share this in case it helps anyone using SolBetX — you're not stuck with the default Solana RPC.

Personally, I use a custom RPC like Helius or Triton for better speed and reliability. The default RPC can get congested, so having your own endpoint really improves performance.

If you're experiencing lag or failed transactions, you can easily switch to your own RPC inside SolBetX. Just scroll down and click the "Network Settings" button in the footer, then paste your preferred RPC URL.

Only you can see the API key you input — it's stored locally in your browser and never sent to the server. So your custom RPC setup stays private and secure.

Some reliable providers:

• Helius
• Triton One
• QuickNode

One thing I like about SolBetX is it gives you that flexibility — perfect for anyone who wants more control over their Solana connection.

[stuff0577]

Juventus vs Manchester City is set — two giants facing off in the Club World Cup.
Think City takes it? Or will Juve pull off a surprise?

🟢 You can now make your prediction here:
👉 https://solbetx.com/question/54PPc9mY6g78fzDiYqwQnnkpqBV2icpodaNEYw71mrdy

✅ True or False format
💸 Decentralized betting on Solana
🔒 No middlemen, just smart contracts

I’ve already made my pick. Curious to see where the crowd leans on this one.

[stuff0577]

OKC is up by 16 in the fourth

[stuff0577]

OKC is the champion!
After a hard-fought series, the Thunder rose to the occasion on their home court, showing resilience, teamwork, and star power when it mattered most. SGA led the charge, and the entire squad delivered under pressure. What a run!

[stuff0577]

Will the USA reach the Gold Cup Semifinals?

The knockout stage is here, and the pressure's on!
USA’s next match will decide it all — can they punch their ticket to the semifinals?

Make your call:
TRUE = USA reaches the semifinals
FALSE = USA gets eliminated before that

Place your bet now on SolBetX
Decentralized. Transparent. No middlemen. Just smart contracts.

Built on Truth. Powered by the People. Just 3% fuels it all.