Risk, margin, and fees
RIP.BET markets use real capital. Users can lose money.
Market risk
Prices can move quickly near settlement. A correct temperature view does not guarantee execution at the expected price. The order book can thin out, the active asset can change, or the market can reject new exposure.
Margin
RIP.BET markets use isolated margin. Treat each position as carrying its own liquidation risk.
Do not hard-code leverage limits. Read market metadata and current account state from the API before showing leverage, margin, or liquidation estimates.
Binary markets require leverage 2 before trading.
Fees
Use:
GET /v1/fees/{address}before showing account-specific fee estimates.
Do not hard-code fee discounts, maker rebates, referral rewards, or payout timing. Program terms can change, and some values depend on account state.
Open interest caps
RIP.BET can reject new exposure when an asset or market reaches its open-interest cap. Risk-reducing orders may still be allowed.
Use:
GET /v1/oi-statusfor scalar OI state when scalar mode is active.
Data risk
The API can block trading when data is stale or unavailable. Good clients make that visible:
- Disable entry actions.
- Keep close actions available when the API allows them.
- Show the error returned by the API.
- Refresh market state before asking the user to retry.
Rewards risk
Rewards, referral payouts, and maker programs are subject to eligibility rules and review. Do not present pending rewards as withdrawable funds unless the API returns them that way.