Frequently Asked Questions
Can’t find answers and still have specific questions? please reach out to us here: support@gowagr.com
Gowagr is an innovative prediction market platform where you can trade on the outcome of real-world events; from sports matches and elections to music and crypto prices. Gowagr combines trading and prediction, giving you a fun, transparent, and rewarding way to turn accurate forecasts into profit.
Creating your Gowagr account is quick and easy. Download the Gowagr App from the Play Store or App Store. Open the app and tap “Create an account”. Register using your email or sign up with Google or Apple. Verify your email through the One-Time Password (OTP) sent to your inbox. Set up your password and PIN for secure access and transactions.
You can update your profile details like WagrTag or photo from Account Settings in the app. You can only have changes to some details after your KYC verification such as your verified name or KYC document. If you need help updating information, contact support through the in-app chat or at support@gowagr.com.
No. Each user is allowed only one Gowagr account for security and compliance reasons. Creating or operating multiple accounts is against Gowagr’s policy and may lead to permanent suspension.
Once you’ve funded your wallet, browse the available prediction markets. Select a market, choose your outcome ("Yes" or "No"), enter your stake, and confirm your trade. Your shares will appear in your portfolio.
Open the app and tap on “Trades” and then Portfolio or Activity. Here, you’ll see all your active trades (ongoing predictions) and completed trades (resolved events), with the status and outcome.
The market summary provides context for the market (e.g., what is being predicted, the timeline, etc.), while the market rules explain how outcomes will be determined. Users are advised to review both carefully before trading.
"Yes" shares mean you believe the event will happen; “No” shares mean you think it will not. For example, in “Will Team A win?”, buy "Yes" if you expect them to win, "No" if not. If the market resolves in your favor, each share pays out in full.
You can start with as little as the cost of a single share. In Gowagr, the minimum tradable amount is $1 and ₦100. Share prices change by market but you can invest any amount above the minimum.
Markets are generally resolved within 5 minutes to 12 hours, depending on the market, after the outcome becomes clear. However, some may take longer if additional verification is required to ensure accuracy and fairness.
Yes! You can trade across multiple markets simultaneously, for example, a sports match, a crypto price event, and a music chart prediction, all at once. Each market operates independently, so your profits or losses are specific to that event.
No, once a trade is confirmed, you can’t cancel it. However, you can choose to sell your shares in an open market before the event resolves, allowing you to lock in profits or cut losses early.
Visit your Portfolio tab in the Trades section: it shows all current trades, their entry price, current value, and cashout options if available. You can also review active and completed trades along with your profit/loss for each.
If your prediction is correct, each winning share pays out at its full value (₦100 or $1), and your profits depend on the price you paid for the shares.
If the outcome is the opposite of your prediction, your shares settle at $0/₦0, and your initial stake is lost. Every market is transparent, and results are verified using official sources.
Gowagr offers a variety of markets across different categories: sports, entertainment, politics, current affairs, finance & crypto etc. Each market has clear summaries, timelines, and rules so you know exactly how results are determined.
Yes. You can buy or sell shares before an event ends. Share prices fluctuate in real-time, so you can trade strategically based on market movement.
Gowagr uses official and publicly available data sources to verify event outcomes. Once verified, markets are resolved automatically, and payouts are credited instantly.
A settled market means the event has officially ended, and results have been verified. Winning trades are automatically paid out to your wallet, and losing shares expire at ₦0.
Make sure you have enough balance in your selected wallet. Ensure the market is still open and your app is updated to the latest version. If all seems fine, contact in-app support for assistance.
No. Users are not allowed to take both sides of the same market. This is to maintain the integrity of the market and reduce system abuse or loophole exploitation.
Market availability may be restricted based on your location or platform rules. If you believe your access is limited in error, kindly contact support@gowagr.com.
No. Markets are resolved based on the final outcome and timelines outlined in the market summary and rules, not the time a user entered a position.
Share prices are dynamic; they’re determined by supply and demand in the market. When more users buy “Yes,” the price of “Yes” shares goes up. When fewer people buy “No,” its price drops. This system ensures that prices always reflect the collective market belief about how likely an outcome is.
Absolutely not. Gowagr does not interfere with market activity or results. We are a neutral platform that facilitates user-to-user trading based on shared beliefs and predictions.
No. Share prices change constantly as users trade. They can move up or down multiple times before an event ends, depending on demand and new information.
Gowagr’s pricing system is based on real-time market activity, not on manual adjustment.
