How Are Bet Winnings and Fees Calculated?

Winnings and fees on Slips depend on the type of bet you're participating in.
​

Private Bets and Challenges are created between friends or other invited participants.

Currently, Slips charges a 0% fee on private Bets and Challenges until further notice.

Your potential winnings are based on the amount wagered and the terms of the Bet or Challenge.

Public Predictions and Pools may include a platform fee.

The standard public betting fee is 15%, but the current fee is 5%.

Your final winnings depend on the amount wagered and the applicable terms of the Prediction or Pool. Any applicable fee will be reflected in your payout breakdown.

Slips memberships can provide discounts on public betting fees:

You can review your wager details and applicable fees before participating.
​

If you have questions about a specific wager or fee, please email [email protected] with your full name, account email, phone number, and details about the wager so we can take a closer look.