Documentation

Everything you need to know about using BloomMarkets prediction markets

Quick Start Guide

New to BloomMarkets? Follow these simple steps to get started with prediction markets.

5 min readBeginner Friendly
1. Connect Your Wallet

Click the "Connect Wallet" button in the navigation bar. BloomMarkets supports popular Solana wallets like Phantom and Solflare. Once connected, you'll receive a demo balance of $10,000 to start trading.

2. Browse Markets

Visit the Markets page to explore active prediction markets. You can filter by category, search for specific topics, and see current prices for YES and NO shares.

Each market shows the current probability (price), total volume, and number of participants. Click on a market to place a bet.

3. Place Your First Bet

Click "Bet" on any market to open the betting dialog. Choose whether you think the outcome will be YES or NO, enter the number of shares you want to buy, and confirm your bet.

The price per share reflects the current market probability. If you buy YES shares at $0.60, you're betting that the outcome has a 60% chance of happening. If you're right, your shares will be worth $1.00 each when the market resolves.

4. Create Your Own Market

Want to create a prediction market? Go to the Create page and fill out the form:

  • Enter a clear title and description
  • Add conditions (the "IF" statements)
  • Specify the outcome (the "THEN" prediction)
  • Set a resolution date
  • Choose a category
5. Track Your Portfolio

Visit your Portfolio page to see all your active positions, track your profit and loss, and view your betting history. The portfolio shows your total invested amount, current value, and overall performance.

Understanding Multi-Conditional Predictions
Learn how to create complex prediction chains with if-then logic

What are Multi-Conditional Predictions?

Multi-conditional predictions allow you to create complex prediction scenarios by chaining multiple events together. Instead of a simple "Will X happen?", you can ask "If X happens, will Y also occur?" This enables more sophisticated and interesting prediction markets.

Example: Conditional Crypto Market

IF

Bitcoin price reaches $100,000 by Q2 2025

THEN

Will Ethereum reach $5,000?

How It Works

  1. 1Define your conditions - these are the "IF" statements that must be met first
  2. 2Specify the outcome - this is the "THEN" prediction that people will bet on
  3. 3Set resolution criteria - how will we verify if conditions are met and what the outcome is?
  4. 4Add liquidity and let the market begin - traders can now buy YES or NO shares

Best Practices

Use Clear, Verifiable Conditions

Ensure your conditions can be objectively verified through reliable data sources

Set Realistic Timeframes

Choose resolution dates that give conditions time to be met or disproven

Keep It Logical

Ensure there's a logical connection between your conditions and outcomes

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