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Your first wager

  1. Create your account in the app or at stxapp.ca, and complete identity verification.
  2. Deposit funds. Go to Transactions and choose Deposit Funds. The minimum deposit is $10. See Depositing funds.
  3. Pick a market. Each market is a YES or NO question, such as whether the home team wins. In most markets, buying is a wager on the home team (or the OVER for totals) and selling is a wager on the away team (or the UNDER).
  4. Place an order. Choose buy or sell, the number of contracts and a price.
    • A market order fills right away at the best price available in the order book.
    • A limit order fills only at your price or better, and waits in the order book until someone matches it. See How to place a limit order.
  5. Watch or close your position. You can sell (or buy back) contracts at any time before the market expires to lock in a gain or cut a loss.
  6. Settlement. When the market expires, each contract pays $1 if the result is YES and $0 if it is NO, and the money goes back to your available balance.

How much can I win or lose?

If you buy 10 contracts at 40¢, you risk $4. If the market settles YES, they are worth $10, so you gain $6 before fees. If it settles NO, you lose the $4. Fees depend on whether your order was a maker or taker order and on your loyalty tier; see the Fee Schedule.

Only wager what you can afford to lose. You can set deposit, loss and wager limits at any time; see Responsible gaming.