- What is the “Texas vs. Kentucky” market asking?
- It asks whether the following will happen: Texas vs. Kentucky Traders buy Yes shares if they think it will and No shares if they think it will not.
- What do the Yes and No prices mean?
- At the last observation Yes traded at 100.0¢ and No at 0.0¢. A Yes share pays $1 if the market resolves Yes, so its price is the market's implied probability: 100.0% for Yes and 0.0% for No. The two prices add up to about one dollar.
- How did this market resolve?
- It resolved Texas on 24 Nov 2024. Trading has stopped; the record of prices, holders and trades stays on this page.
- How does this market resolve?
- In the upcoming NCAA Football game, scheduled for November 23, 2024: If Texas wins, the market will resolve to “Texas” If Kentucky wins, the market will resolve to “Kentucky.” If the game is not completed by November 30, 2024 (11:59 PM ET), or it ends in a tie, the market will resolve 50-50. The primary resolution source for this market will be official information from the NCAA, however, a consensus of credible reporting will also be used.
- What is the difference between volume, liquidity and open interest?
- Volume is the dollar value of shares traded in a period, liquidity is the dollar value resting in the order book ready to be traded against, and open interest is the value of all shares currently held. Volume measures activity, liquidity measures how easily you can trade, and open interest measures how much is at stake.
- Where does this data come from and how fresh is it?