This market refers to NBA match between Los Angeles Lakers (LAL) vs. New York Knicks (NYK), Thursday, March 6th, Crypto.com Arena, Los Angeles, CA, USA.
- 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 win, 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 buy/sell anytime before the last trading 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 NBA. If the match happens on-time, this market will be resolved within 24 hours after the match ends. If the match is delayed or cancelled, the resolution will be based on officicial announcement by NBA.
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: NBA STANDINGS
