Getting Started
Your First Bet

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

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

  1. Visit the Dashboard: Go to trenchwars.io (opens in a new tab)
  2. View Active Wars: See all ongoing token battles
  3. Check Time Remaining: Wars typically last 7 days
  4. 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

  1. Select War: Click on your chosen token war

  2. Choose Side: Click "Bet on [Token A]" or "Bet on [Token B]"

  3. Enter Amount: Input your SOL bet amount

  4. Review Details:

    • Bet amount
    • Potential winnings
    • Platform fee (3% or discounted with $WAR)
    • War end time
  5. Confirm Bet: Click "Place Bet"

  6. 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 UTC

How Winnings Are Calculated

Winner Takes All Model:

  1. Total Pool: All bets from both sides combined
  2. Winning Pool: Only bets on the winning token
  3. Your Share: (Your bet / Winning pool) × Total pool
  4. 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:

  1. Automatic Settlement: Wars settle automatically when they end
  2. Claim Button: Click "Claim Winnings" in your portfolio
  3. 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

  1. Join Community: Discord (opens in a new tab) for tips and discussions
  2. Get $WAR Tokens: Reduce fees and get multipliers
  3. Advanced Strategies: Learn from experienced traders
  4. 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?

Emergency Support:

  • Transaction not confirmed? Check Solana explorer
  • Wallet issues? Contact your wallet provider
  • Bet not showing? Try refreshing the page