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Slippage refers to the difference between the expected odds or payout when placing a bet and the actual odds or payout at the moment the bet is executed on-chain. This difference can occur due to:
  • Rapid changes in odds caused by new bets or market activity.
  • Network delays between submitting and confirming a transaction.
To protect users from unexpected outcomes, Layerbet allows you to set a maximum slippage tolerance. If the odds move beyond your specified slippage percentage before your bet is confirmed, the transaction will fail and your funds will not be wagered.

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Adjusting Slippage in the Layerbet Front-End

  • You can adjust your slippage tolerance directly in the betslip interface. Make sure there is at least one bet selected on your betslip.
  • Look for the “⚙️” button, typically found at the top right of the betslip.
  • Click the slippage setting to open a menu where you can select or enter your preferred slippage percentage (e.g., 1%, 2%, 5%).
  • The selected value will be applied to all subsequent bets until you change it again.
A lower slippage percentage offers more protection against odds changes but may cause more failed transactions if the market is volatile. A higher percentage increases the chance your bet is accepted but may result in less favorable odds.
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