Markets are resolved by credible sources listed in the market’s details.
Here’s how it works;
The outcome of a market depends on the results as published or announced by a credible source.
On confirmation of results, the market is automatically resolved. Markets are resolved according to the market’s pre-defined rules, which can be found in the market's summary and rules.
When a market is resolved, the winning shares now become ₦100 per share while the losing shares become worthless. Trading is no longer possible for that market.
The market is not resolved based on the time you placed your trade, but rather on the resolution timeline clearly stated in the market summary.
For example:
If the market is titled “Will Wizkid post on X today?”, and it is set to resolve based on activity up until 11:59 PM today, then any post Wizkid makes during that day counts even if it was made before you joined the market.So, if Wizkid had already posted earlier in the day before you bought a “No” position, your trade would unfortunately be incorrect because the post falls within the resolution period.
Always be sure to review the market summary and rules before trading.