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

# Overview

## What is SageBet?

SageBet (v1) is an on-chain prediction market built on Arbitrum and Ethereum's Virtual Machine. Prediction markets are an ideal use case for a permissionless, low-latency, low-cost layer-two blockchain like Arbitrum. Our mission is to build the most efficient, reliable, and accessible prediction market available. 

On SageBet you can view and make predictions on a wide range of markets like:

-Sports

-World events

-Crypto/DeFi

Many efforts have been made in the past to bring robust, deeply liquid and interesting prediction markets to DeFi but most have failed for a variety of reasons:

-The technology was too new, too few users, and too expensive

-Complex, convoluted tokenomics

-Cumbersome oracle designs

SageBet leverages Arbitrum's fast, low-cost blockchain to allow for cheap, dynamic trading and a proliferation of market options. We have done away with complicated oracles dependent on slow, tokenized solutions. See the [Overview](/sagebet-documentation/sagebet/overview.md)page for a breakdown of how SageBet works. <br>

And see the [Market and trading basics](/sagebet-documentation/sagebet/market-and-trading-basics.md) page to learn more about how to get started if you are not familiar with prediction markets and/or orderbooks.&#x20;