This market refers to the match between Taylor Fritz vs. David Goffin, quarter-final, Shanghai Masters 2024.
- In order to participate, users use HLUSD to buy shares of outcome. Each share represents a unit of belief in the outcome. If a user believes any player to win/lose, user 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 any time 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.
Outcome Determination: The market will resolve to "Taylor Fritz" if he wins, otherwise it will resolve to "David Goffin".
Payout Structure:
When the market is resolved, the price of the correct outcome will resolve to 1 HLUSD, whereas the opposing side will resolve to 0 HLUSD. It means, for participants who are holding shares of the correct outcome, the prices of those shares will resolve to 1 HLUSD; the payout will be proportional to the number of shares each participant is holding. Participants who are holding shares of incorrect outcome will lose.
The resolution source of this market is: Rolex Shanghai Masters
