FAQ
OurBets FAQ
Short answers about private prediction markets for friends, virtual currency, pricing, privacy, settlement, and why OurBets is not a sportsbook.
Last updated June 25, 2026.
What is OurBets?
OurBets is a private prediction market app for friend groups. You create yes/no markets about group chat claims, invite friends, bet with virtual currency, and settle the result on a leaderboard.
How does OurBets work?
Create a private group, post a yes/no question, and let friends take a side. Each bet changes the odds. When the outcome is known, the market is resolved and winners collect virtual currency from the losing side.
Is OurBets real-money gambling?
No. OurBets is not a sportsbook and is not designed for real-money gambling. Groups use virtual currency or social stakes for accountability, jokes, and bragging rights.
Is OurBets a sportsbook?
No. OurBets is not a sportsbook, not a public exchange, and not designed for real-money gambling. It is a private social app where friend groups use virtual currency or social stakes.
Who is OurBets for?
OurBets is for friend groups, clubs, roommates, and group chats that already make claims, predictions, and bets with each other.
Can OurBets be private?
Yes. OurBets groups are invite-based. Markets are meant for the people inside that group, not a public trading marketplace.
How much does OurBets cost?
OurBets has three plans: Free at $0/month, Crew at $5/month or $49/year, and League at $10/month or $99/year. Paid upgrades add more friends, more active markets, live updates, and League includes the AI avatar creator.
What is virtual currency on OurBets?
Virtual currency is the in-group balance friends use to back Yes, No, or multi-outcome predictions. It powers odds, payouts, and leaderboards without requiring real-money betting.
How are OurBets markets settled?
When the real-world outcome is known, a group admin resolves the market. Winners collect virtual currency from the losing side, settled markets close, and the leaderboard updates.
Is OurBets like Kalshi or Polymarket?
OurBets uses the prediction-market format, but it is different from public trading platforms like Kalshi or Polymarket. OurBets is for private friend groups, virtual currency, invite-only markets, and social accountability rather than public real-money event trading.
What are good OurBets market examples?
Good OurBets markets have clear outcomes, deadlines, and social context, such as whether a friend finishes a fitness goal, arrives on time, wins a group game, follows through on a claim, or flakes on a plan.