FAQ
Questions worth asking
If your question isn't here, email hello@vigfi.com and we'll add it.
Predictions
What is a "market" on VigFi?+
A market is a single yes-or-no question about a real-world number. Examples: "Will gold close above $4,200 on Friday?" or "Will EU inflation come in above 3.5% next month?" Two buttons, one outcome, settled against a named public source.
What does a cent price mean?+
The price of a YES share, in cents, equals the crowd's implied probability that YES will happen. 25¢ = 25% chance, payout 4×. 60¢ = 60% chance, payout ~1.67×. The lower the price the bigger the payout if you're right.
Can I lose more than I stake?+
No. Your stake is your maximum risk. If you lose, you lose what you put in — never more.
When is my payout multiplier locked?+
At the moment you place the ticket. Subsequent buys on either side don't change your locked multiplier (Polymarket-style). You always know exactly what you'll get if you're right.
How big can a ticket be?+
At paper play, between €1 and €1,000 per ticket. We keep it bounded so a single user can't distort the pool.
Settlement
How are markets settled?+
Each market names its settlement source on the market page (e.g. Eurostat, ICE, SLF). After the window closes we fetch the source, archive the raw response, hash it with SHA-256, publish the transcript, and pay out winners.
What if the source is unavailable?+
We extend the window for up to 24 hours. If the source is permanently down or has changed shape we void the market and return everyone's stake. We never invent a value.
Can I verify a settlement myself?+
Yes — every transcript shows the source URL we queried, the timestamp, and a SHA-256 hash of the response. Re-fetch the source, re-hash, and compare. If they match the data is genuine.
What about disputes?+
There's a 24-hour dispute window after every settlement. Within that window any user can flag a settlement they believe is wrong; the team reviews within one working day. Disputed payouts are held in escrow until the review concludes.
Money
Is this real money?+
No, not yet. VigFi is paper-play only at the moment. You start with €10,000 in demo balance on signup and place tickets in that demo currency. There's no payment, no withdrawal, no monetary value.
When does real money turn on?+
When our operator licence lands — currently on a Q3 2026 path under the Tobique Gaming Commission. We'll email registered users before the switch and walk through the new flow. Your demo P&L will carry over so you arrive with track record, not from scratch.
What is the house edge?+
A flat 8% vig per market. We don't take a side on the outcome — we make money on volume, not on guessing the market wrong. The vig is stamped on every market page.
Will I need to do KYC?+
Not for paper play. When real money launches, yes — KYC is required by our operator licence. We'll use Sumsub or an equivalent processor so you provide ID once and never repeat the process.
Safety & data
What data do you collect?+
Only what you give us: email, optional display name, password (bcrypt-hashed). Plus your activity log (tickets, wallet ledger). Server-side request logs are kept 30 days for security. Read the full picture on the privacy page.
Do you use tracking cookies?+
No. Two strictly-necessary cookies — login session and the cookie banner's own consent record — and that's it. No Google Analytics, no Facebook Pixel, no third-party scripts. See the cookie policy for the full table.
Where is my data stored?+
On self-hosted infrastructure in Germany (Hetzner). It is not transferred to third countries, not shared with processors, not sold.
What about responsible play?+
At real-money launch we'll ship deposit limits, cooling-off periods, self-exclusion, and reality checks. We design those tools under paper conditions so they're ready when money is on the table.
Compared to other platforms
How is this different from a sportsbook?+
No sport, no in-play, no parlays, no boosts. We focus on real-world numbers that resist manipulation — commodities, indexes, weather, crops. The settlement source is named up front and the transcript is public.
How is this different from binary options?+
Binary options are financial derivatives sold by a counterparty whose interests run opposite to yours. VigFi is parimutuel — players bet against each other in a pool, the house takes a flat vig. Closer to Kalshi or Polymarket than to a binary-options broker.
How is this different from Polymarket / Kalshi?+
Polymarket runs an order book on a public blockchain and settles via UMA optimistic oracle. Kalshi is CFTC-regulated. VigFi is parimutuel pools off-chain, EU-domiciled, named-source settlement, with the Tobique licence and a real-world-events focus (snowfall, vineyard frost, energy spot, inflation prints) that the others don't cover well.
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