Settlements and settlement criteria

Sports outcomes on Sporttrade have a price range of $0-100 to reflect the probability of the outcome to occur. Markets and their related outcomes will settle at $0 or $100 once Sporttrade determines an outcome is final.

Settlement Criteria

• Winner (also known as Moneyline)
  • To win: If a team or participant wins, each share settles at $100, if they lose, each share settles at $0.
• Spread
  • Minus: If a team wins by more than [- spread], each share settles at $100, if not, each share settles at $0.
  • Plus: If a team wins outright, or loses by less than [+ spread], each share settles at $100, if not, each share settles at $0.
• Total Points
  • Over: If the total combined score exceeds [over], each share settles at $100, if not, each share settles at $0.
  • Under: If the total combined score doesn't exceed [under], each share settles at $100, if not, each share settles at $0.

*Exchange wagering is not yet available in Iowa and Virginia.