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What sports event contracts are

Understand team outcomes, contract prices and simulated payouts.

2 min readUpdated
  • Free beta

A price for a game outcome

A moneyline contract refers to a team outcome under that market’s rules. A 40-cent price means one contract costs 40 simulated cents before fees; it is not a guaranteed probability or return.

An ordinary winning outcome settles at one simulated dollar per contract and a losing outcome at zero. Split or other officially recorded final prices may apply. Contract terms and the recorded resolution matter, not just the scoreboard.

Buying and closing

The ticket buys the named outcome with a dollar budget. Closing sells contracts you already hold; it does not open a short sale. Only one outcome of a market may be held in an account at a time.

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