How it works
The rules of a Cade round · Last updated: 2 October 2026
Pick a side. One pot. No house.
Cade is a prediction arcade. Every market asks one question with two answers, everyone who joins a round puts their entry into one shared pot, and the side that calls it splits the other side's money. Cade never takes a side and never sets the odds: the players do.
1. The round
The question. Each market is a round with a fixed clock and one question: will a memecoin or a stock close higher or lower than where it opened, or which side wins a game, a quarter or a drive.
Your pick. Choose a side and an amount. You can add to your side while the round is open. A pick is final once it is placed: you cannot move it to the other side.
Categories. Memecoins and stocks run back-to-back rounds on a short clock. Sports markets follow the game and open and close with it.
2. One pot, no house
The pot. Every entry goes into one pot, split by side. The share each side holds is the live split you see on every card.
The odds. No bookmaker prices the round. Your possible payout comes from the split: the smaller your side, the more it pays if it wins. It moves with every pick until predictions close.
Cade's part. Cade runs the round, holds the pot and settles it. Cade does not play against you and does not win when you lose.
3. Predictions close before the bell
The close. Predictions close before the round ends, at the time shown on the round's clock. After the close the pot is locked: no new picks, no additions.
Why. Closing early keeps a round fair: nobody can pick once the answer is already visible. Every card shows when its predictions close.
4. How winners are paid
The split. When the round settles, the winning side gets its own entries back and shares the losing side's pot, after the fee, in proportion to what each winner put in.
The fee. A fee is taken from the losing pot before it is shared. Each market shows its fee before you enter. The figures below use a 5% fee as an example only, not as a fee policy.
Worked example
| Step | What happens | Figures |
|---|---|---|
| 01 | The round closes with $5 on Higher and $20 on Lower. You have $1 on Higher. | Pot $25 · Higher 20% · Lower 80% |
| 02 | The bell: the price closes higher. Higher wins. | Losing pot $20 |
| 03 | The fee comes off the losing pot. | $20 less 5% = $19 |
| 04 | You held $1 of the $5 on Higher, so you take one fifth of the $19. | +$3.80, plus your $1 back |
5. How markets settle
Every market names its settlement source before it opens. The result is read from that source at the bell, and the round settles on it.
| Category | Settlement source | What is compared |
|---|---|---|
| Coins | The price feed named on the market for that token. | The price at the bell against the price at the open of the round. |
| Stocks | The price feed named on the market for that ticker. | The price at the bell against the price at the open of the round, in market hours. |
| Sports | The official data feed for the league or competition. | The official result of the game, period or play the market names. |
A tie. If the price at the bell equals the price at the open, or a sports market ends level where the market does not allow a draw, the round is void (see below).
Corrections. If a source corrects a result before the round settles, the corrected result is used. Once a round has settled, the result stands.
6. Voids and refunds
A void round pays nobody and charges no fee: every entry is refunded in full, to the account it came from.
- Nobody on one side. If one side has no entries when predictions close, there is no one to win from, so the round is void.
- No result. If the settlement source cannot give a result for the round (the feed is down, the game is postponed or abandoned), the round is void.
- A tie. As above, a level result in a market without a draw is void.
- Held rounds. If a round cannot be settled safely, Cade may hold it while the result is checked. A held round either settles on the checked result or is void.
7. Who can play
Cade is open to people of legal age where they live, in places where prediction markets are permitted. You are responsible for making sure your use of Cade is allowed where you are. Full conditions are in the Terms of Use, and how your data is handled is in the Privacy Policy.
Questions about a round, a result or a refund: reach the team through the help link on cade.market.