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Balance₦12,500Add money

How Watch and Win works

Buy Yes or No on what happens next in Nigeria. A share costs ₦1 to ₦99 and pays ₦100 if you are right. You trade with other people, not against Watch and Win.

Three steps

  1. Pick a question

    Every market is a question with a clear end and a public source, such as “Naira weaker than ₦1,400/$ on 31 Dec?”. The rules on each market say exactly how it is decided.

  2. Buy Yes or No

    Prices are chances. A price of ₦34 means the market thinks there is about a 34% chance of Yes. You choose how much to spend and see what you get before you buy.

  3. Get ₦100 per share if you are right

    When the result is known, each winning share pays ₦100 into your Watch and Win balance. Losing shares pay nothing. You can withdraw to your bank at any time.

An example with real numbers

You think the naira will be weaker than ₦1,400/$ on 31 Dec. Yes costs ₦34 and you want to spend ₦1,000.

You want to spend
₦1,000
Price per Yes share
₦34
Shares you get
28
Cost (28 × ₦34)
₦952
Fee (2%, rounded up)
₦20
You pay
₦972
You get if right
₦2,800

YesIf the answer is Yes

You get ₦2,800, a profit of ₦1,828 on the ₦972 you paid.

NoIf the answer is No

You get ₦0 and lose the ₦972 you paid. Never more than that.

The fee is 2% of the cost, rounded up to the next naira; selling and payouts are free. See Fees.

Why 28 shares and not 29? 29 shares would cost ₦986 plus a ₦20 fee, which is more than ₦1,000. Watch and Win sells whole shares only, so the ₦28 left over stays in your balance.

Open this market

Selling before the result

You do not have to wait. Any time before a market closes you can sell your shares to other traders at the current price. Selling is free.

Price rises to ₦37: you get
₦1,036 +₦64
Price falls to ₦25: you get
₦700 −₦272

Based on the 28 shares above, which cost you ₦972. What you get depends on the buyers in the order book at that moment. You always see the exact amount before you confirm.

See how selling works

How a market is decided

Every market names its source, its closing time and when it pays, in the Rules on the market page. When the source publishes the result, we check it and settle the market. Winning shares pay ₦100 each; most markets pay within 24 hours of the result.

Example: the rules of “Naira weaker than ₦1,400/$ on 31 Dec?”

Source
Central Bank of Nigeria (CBN), official NFEM closing rate
Market closes
31 Dec 2026 · 23:59 WAT
Payout
2 Jan 2027
Special cases
If no rate is published for 31 December, the last rate published before it counts.

Questions people ask

Is Watch and Win betting?
This preview uses sample data and does not offer real-money trading. Prediction markets will remain unavailable until the required licensing and approvals are in place.
Who sets the prices?
Traders do. Prices move when people buy and sell. Yes and No together cost about ₦101: the ₦1 difference is the gap between buyers and sellers in the order book.
What is the most I can lose?
What you paid for your shares, including the fee. You can never owe Watch and Win money. Only stake what you can afford to lose.
What is the smallest trade?
₦100. You always buy whole shares, so a stake of ₦100 at ₦34 buys 2 shares.
When do I get my money?
Each market says when it pays: football within 2 hours of the final whistle, most others within 24 hours of the result. The money goes into your Watch and Win balance, and you can withdraw it to your bank account.
What if an event is cancelled?
If an event is cancelled or a market cannot be decided under its rules, we cancel the market and refund what you paid, including the fee. The special cases in each market’s rules say when this happens.
Do I pay tax on winnings?
In Lagos State, 5% withholding tax is taken off your net winnings when a market pays out. See Fees for an example.
Who can use Watch and Win?
Prediction markets are not available in this preview. Any future eligibility will depend on the required licensing and applicable rules.

Ready to try

Trading involves risk: only stake what you can afford to lose. Watch and Win is for people aged 18 and over. Set a deposit limit or take a break at any time. How to trade responsibly

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