How prices work
Every outcome in a market has a price between 0 and 1 USDT. That price is set by what users are willing to pay, so it reflects the crowd's view of how likely the outcome is.
What you get paid
- If your outcome wins, each contract pays 1.00 USDT.
- If your outcome loses, each contract pays 0.00 USDT.
Worked example
A market asks "Will it happen by Friday?" and "Yes" is priced at 0.64 USDT.
| Per contract | 10 contracts | |
|---|---|---|
| You pay | 0.64 | 6.40 |
| If "Yes" wins, you receive | 1.00 | 10.00 |
| Profit if it wins | 0.36 | 3.60 |
| Loss if it doesn't | 0.64 | 6.40 |
Fees, if any, are shown before you confirm and are not included in this example.
Reading a price
A price of 0.64 suggests the crowd thinks the outcome is roughly 64% likely. It is an opinion, not a guarantee: cheaper outcomes pay more if they win because fewer people expect them to.
Prices move
As news arrives and people trade, prices go up and down. You can use that movement to cash out early if the price moves in your favour, or to cut a loss.
Questions about this? Ask support.