✓The challenger pays their entry fee — say $250. That's the most they can lose and the most they can win in prizes.
✓Anyone can enter as little as $1 on either side — YES (they'll do it) or NO (they'll fail). Or predict free with no entry fee.
✓If you win, you win your share of the other side's money — up to the challenger's entry fee.
✓Chalio takes a 2% fee on prizes only. Losers and refunds are never charged.
✓If there's not enough money on the other side to match your entry, your extra money is held as Pending and refunded in full if never matched.
✓Once the challenge happens live, an admin reviews the proof and sends out prizes automatically.