- What is the “Will Rodriguez win the Preakness Stakes” market asking?
- It asks whether the following will happen: Will Rodriguez win the Preakness Stakes It is one of the markets in the Polymarket event “2025 Preakness Stakes Winner”. 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 0.0¢ and No at 100.0¢. A Yes share pays $1 if the market resolves Yes, so its price is the market's implied probability: 0.0% for Yes and 100.0% for No. The two prices add up to about one dollar.
- How did this market resolve?
- It resolved No on 18 May 2025. Trading has stopped; the record of prices, holders and trades stays on this page.
- How does this market resolve?
- This is a market on which horse will win the 2025 Preakness Stakes, scheduled for Saturday May 17th, 2025, in Baltimore, Maryland. This market will close on May 17, 2025, 11:59 PM ET, allowing time to account for any disputes or disqualifications that might occur post-race. If the race is permanently cancelled or doesn't take place by June 17, 2025, 11:59 PM ET, this market will resolve to "No". The primary resolution source for this market will be official information from The Preakness Stakes (https://www.preakness.com), 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.