import clsx from 'clsx' import { getOutcomeProbability, getOutcomeProbabilityAfterBet, getTopAnswer, } from 'common/calculate' import { getExpectedValue } from 'common/calculate-dpm' import { User } from 'common/user' import { Contract, NumericContract, resolution } from 'common/contract' import { formatLargeNumber, formatMoney, formatPercent, } from 'common/util/format' import { useState } from 'react' import toast from 'react-hot-toast' import { useUserContractBets } from 'web/hooks/use-user-bets' import { placeBet } from 'web/lib/firebase/api-call' import { getBinaryProb, getBinaryProbPercent } from 'web/lib/firebase/contracts' import TriangleDownFillIcon from 'web/lib/icons/triangle-down-fill-icon' import TriangleFillIcon from 'web/lib/icons/triangle-fill-icon' import { Col } from '../layout/col' import { OUTCOME_TO_COLOR } from '../outcome-label' import { useSaveShares } from '../use-save-shares' import { sellShares } from 'web/lib/firebase/api-call' import { calculateCpmmSale, getCpmmProbability } from 'common/calculate-cpmm' import { track } from 'web/lib/service/analytics' const BET_SIZE = 10 export function QuickBet(props: { contract: Contract; user: User }) { const { contract, user } = props const isCpmm = contract.mechanism === 'cpmm-1' const userBets = useUserContractBets(user.id, contract.id) const topAnswer = contract.outcomeType === 'FREE_RESPONSE' ? getTopAnswer(contract) : undefined // TODO: yes/no from useSaveShares doesn't work on numeric contracts const { yesFloorShares, noFloorShares, yesShares, noShares } = useSaveShares( contract, userBets, topAnswer?.number.toString() || undefined ) const hasUpShares = yesFloorShares || (noFloorShares && contract.outcomeType === 'NUMERIC') const hasDownShares = noFloorShares && yesFloorShares <= 0 && contract.outcomeType !== 'NUMERIC' const [upHover, setUpHover] = useState(false) const [downHover, setDownHover] = useState(false) let previewProb = undefined try { previewProb = upHover ? getOutcomeProbabilityAfterBet( contract, quickOutcome(contract, 'UP') || '', BET_SIZE ) : downHover ? 1 - getOutcomeProbabilityAfterBet( contract, quickOutcome(contract, 'DOWN') || '', BET_SIZE ) : undefined } catch (e) { // Catch any errors from hovering on an invalid option } let sharesSold: number | undefined let sellOutcome: 'YES' | 'NO' | undefined let saleAmount: number | undefined if (isCpmm && (upHover || downHover)) { const oppositeShares = upHover ? noShares : yesShares if (oppositeShares) { sellOutcome = upHover ? 'NO' : 'YES' const prob = getProb(contract) const maxSharesSold = BET_SIZE / (sellOutcome === 'YES' ? prob : 1 - prob) sharesSold = Math.min(oppositeShares, maxSharesSold) const { newPool, saleValue } = calculateCpmmSale( contract, sharesSold, sellOutcome ) saleAmount = saleValue previewProb = getCpmmProbability(newPool, contract.p) } } async function placeQuickBet(direction: 'UP' | 'DOWN') { const betPromise = async () => { if (sharesSold && sellOutcome) { return await sellShares({ shares: sharesSold, outcome: sellOutcome, contractId: contract.id, }) } const outcome = quickOutcome(contract, direction) return await placeBet({ amount: BET_SIZE, outcome, contractId: contract.id, }) } const shortQ = contract.question.slice(0, 20) const message = sellOutcome && saleAmount ? `${formatMoney(saleAmount)} sold of "${shortQ}"...` : `${formatMoney(BET_SIZE)} on "${shortQ}"...` toast.promise(betPromise(), { loading: message, success: message, error: (err) => `${err.message}`, }) track('quick bet', { slug: contract.slug, direction, contractId: contract.id, }) } function quickOutcome(contract: Contract, direction: 'UP' | 'DOWN') { if (contract.outcomeType === 'BINARY') { return direction === 'UP' ? 'YES' : 'NO' } if (contract.outcomeType === 'FREE_RESPONSE') { // TODO: Implement shorting of free response answers if (direction === 'DOWN') { throw new Error("Can't bet against free response answers") } return getTopAnswer(contract)?.id } if (contract.outcomeType === 'NUMERIC') { // TODO: Ideally an 'UP' bet would be a uniform bet between [current, max] throw new Error("Can't quick bet on numeric markets") } } const textColor = `text-${getColor(contract)}` return (