> For the complete documentation index, see [llms.txt](https://onchainbets.gitbook.io/onchainbets-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://onchainbets.gitbook.io/onchainbets-docs/faq/understanding-bet-states.md).

# Understanding Bet States

Bets can fall into several states, each indicating a different status:

* Pending: The bet has been accepted and is awaiting the outcome.
* Win: Your bet has emerged victorious, enabling you to redeem your winnings in the "My Bets" section.
* Lose: Unfortunately, this time your bet didn't pan out.
* Declined: A technical error occurred, resulting in a refund for your bet, which can be redeemed in the "My Bets" section.

Congratulations on placing your bet! Perhaps it's time to seek out another event to wager on.