Your First Bet
Ready to enter your first Token War? This guide will walk you through placing your first bet on TrenchWars step-by-step.
Before You Start
Prerequisites
- ✅ Wallet Connected: Set up your wallet
- ✅ SOL Balance: At least 0.1 SOL for betting + gas fees
- ✅ Understanding: Read Understanding Categories
Recommended First Bet
- Amount: 0.1 - 0.5 SOL (start small to learn)
- War Type: Active wars with clear favorites
- Research: Use our analytics before betting
Step-by-Step Betting Guide
Browse Active Wars
- Visit the Dashboard: Go to trenchwars.io (opens in a new tab)
- View Active Wars: See all ongoing token battles
- Check Time Remaining: Wars typically last 7 days
- Review Participants: See current betting pools for each token
What to Look For:
- Wars with reasonable time remaining (2+ days)
- Tokens you're familiar with
- Balanced betting pools (not too one-sided)
Analyze Your Options
Use Our Analytics Tools:
Price Charts
- Click on any war to see detailed price charts
- Look for trends and momentum
- Check 7-day, 30-day performance
Social Sentiment
- Review Twitter sentiment scores
- Check trending hashtags
- Monitor social engagement levels
Pool Distribution
- See how other users are betting
- Check if pools are balanced or skewed
- Consider contrarian opportunities
Choose Your Champion
Research Factors:
- Technical Analysis: Price trends, support/resistance
- Social Sentiment: Community excitement and engagement
- Fundamentals: Recent news, partnerships, developments
- Market Conditions: Overall crypto market trend
Risk Management: Never bet more than you can afford to lose. Start with small amounts while learning.
Place Your Bet
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Select War: Click on your chosen token war
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Choose Side: Click "Bet on [Token A]" or "Bet on [Token B]"
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Enter Amount: Input your SOL bet amount
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Review Details:
- Bet amount
- Potential winnings
- Platform fee (3% or discounted with $WAR)
- War end time
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Confirm Bet: Click "Place Bet"
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Approve Transaction: Confirm in your wallet
Track Your Bet
After Placing Your Bet:
- ✅ Transaction confirmed on Solana
- ✅ Bet appears in your portfolio
- ✅ War pools updated with your contribution
- ✅ Real-time tracking begins
Understanding Your Bet
Bet Confirmation Details
When you place a bet, you'll see:
🎯 Bet Placed Successfully!
War: DOGE vs SHIB (7 days)
Your Champion: DOGE 🐕
Bet Amount: 0.5 SOL
Platform Fee: 0.015 SOL (3%)
Net Bet: 0.485 SOL
Current Odds: 1.8x
Potential Winnings: 0.873 SOL
War Ends: Jan 15, 2025 12:00 UTCHow Winnings Are Calculated
Winner Takes All Model:
- Total Pool: All bets from both sides combined
- Winning Pool: Only bets on the winning token
- Your Share: (Your bet / Winning pool) × Total pool
- Payout: Your proportional share of the total pool
Example:
- Total Pool: 100 SOL (60 SOL on DOGE, 40 SOL on SHIB)
- You bet: 5 SOL on DOGE
- DOGE wins: You get (5/60) × 100 = 8.33 SOL
- Your profit: 8.33 - 5 = 3.33 SOL (66% return)
Pro Tips for First-Time Bettors
🎯 Strategy Tips
Start Conservative:
- Begin with 0.1-0.2 SOL bets
- Focus on learning, not maximizing profits
- Diversify across multiple wars
Use Our Tools:
- Check social sentiment scores
- Review price momentum indicators
- Monitor betting pool distributions
- Set up notifications for war endings
Timing Matters:
- Early bets get better pool ratios
- Late bets have more information
- Consider your risk tolerance
📊 Research Checklist
Before placing any bet, review:
- Recent Price Performance: 7-day and 30-day trends
- Social Sentiment: Twitter engagement and mood
- News & Updates: Recent developments or announcements
- Technical Analysis: Support/resistance levels
- Market Context: Overall crypto market conditions
- Pool Distribution: How others are betting
- Time Remaining: Sufficient time for price movement
🚨 Common Beginner Mistakes
Avoid These Errors:
- ❌ Betting too much on first attempt
- ❌ Following the crowd without research
- ❌ Ignoring social sentiment data
- ❌ Not understanding payout calculations
- ❌ Emotional betting after losses
- ❌ Forgetting about platform fees
After Your First Bet
Monitor Progress
Track Your War:
- Check price movements throughout the week
- Watch social sentiment changes
- Monitor betting pool shifts
- Learn from market reactions
Portfolio Management
Your Dashboard Shows:
- Active bets and their status
- Historical performance
- Win/loss ratio
- Total SOL wagered and won
Claim Winnings
If You Win:
- Automatic Settlement: Wars settle automatically when they end
- Claim Button: Click "Claim Winnings" in your portfolio
- Instant Payout: SOL transferred immediately to your wallet
Won Your First Bet? Congratulations! Consider reinvesting winnings or trying different war categories.
What's Next?
Level Up Your Game
- Join Community: Discord (opens in a new tab) for tips and discussions
- Get $WAR Tokens: Reduce fees and get multipliers
- Advanced Strategies: Learn from experienced traders
- Multiple Wars: Diversify across different token pairs
Advanced Features
- Staking: Earn 15% APR on $WAR tokens
- Governance: Vote on platform decisions
- Achievements: Unlock badges and recognition
- Referrals: Earn bonuses for bringing friends
Need Help?
Having Issues?
- 💬 Live Chat: Discord community support
- 📚 FAQ: Common questions and answers
- 📧 Email: support@trenchwars.io
- 🎥 Video Guides: Check our YouTube channel
Emergency Support:
- Transaction not confirmed? Check Solana explorer
- Wallet issues? Contact your wallet provider
- Bet not showing? Try refreshing the page