This market refers to Round 20, FORMULA 1 GRAN PREMIO DE LA CIUDAD DE MÉXICO 2024
- In order to participate, users use HLUSD to buy shares of outcome. Each share represents a unit of belief in the outcome. If users believe which team to have a driver to win the 1st place at Round 20, users can buy shares in favor of this outcome.
- Prices are the cost of buying 1 share of each outcome, and they range between 0 HLUSD to 1 HLUSD. After buying shares of an outcome, a user can sell (a part of, or, all of) his/her shares to de-risk (cut loss) or to take profit. Users can sell anytime before the last market time, specified on the top title of this market.
- The market operates continuously, the price of share (of each outcome) keeps changing in response to the activities (buy/sell) from all participants of this market.
The primary resolution source for this market will be official information from Round 20, 2024 Grand Prix., race result. The market will be resolved within one day after the official result is announced. The market will resolve as follows:
- Ferrari: if Charles Leclerc or Carlos Sainz be the 1st winner
- McLaren: if Lando Norris or Oscar Piastri be the 1st winner
- Other team: if a driver from other team(s) be the 1st winner
Upon market resolution, participants who are holding shares of the correct outcome will earn; participants who are holding shares of incorrect outcome will lose.
Reference: Predictions & Reward summary for Round 19
