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Market rules follow a consistent structure. Each part contributes to how the final outcome is determined.

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Resolution Criteria

Market rules begin with the resolution criteria. The criteria describe the conditions for the market to resolve to Yes or No. Any alternative settlement terms also appear here, including situations where the market settles at 0.50. Examples
  • This market will resolve to Yes if the candidate wins the election.
  • If Team A wins, the market will resolve to “Team A”.
  • If the game is canceled entirely with no make-up game, this market will settle 50-50.

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Qualifying Requirements

If additional clarity is needed, the rules may include qualifying requirements, non-examples, and edge-case scenarios to show how resolution applies in specific situations. Examples
  • Qualifying requirement: The handshake must be clearly visible on video from start to finish.
  • Non-example: Any handshake too unclear to measure.
  • Edge case: If the measured duration falls exactly on the boundary between two duration brackets, this market will resolve to the higher bracket.

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Resolution Timeframe

Rules specify when the outcome is evaluated. Examples
  • The market resolves based on results available at 11:59 PM ET on the end date.
  • The market resolves once official certification is published.
  • If the event does not occur by 11:59 PM ET, this market will resolve to “No”.

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Resolution Sources

Rules list the official sources used to confirm the outcome. Unlisted sources have no effect on resolution. Examples
  • The resolution source for this market will be information from the governing league.
  • The resolution source for this market will be information from an official data provider.
  • The resolution source for this market will be confirmed once all listed news sources report the same outcome.