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Understanding Market Summaries and Rules on Gowagr

Updated over a week ago

Before you buy shares in a trade, it’s important to know what the market is about and how it works. That’s where the summary and rules come in.

What the Market Summary Means

The summary is a simple description of the event you’re trading on. For example: A market with the title: “Will Bitcoin close above $115,526 today?”. The summary describes the market, the resolution criteria, the resolution timeline and shows you the key question and the possible outcomes (Yes/No, Up/Down, etc.).

Rules explain how the market will be judged once it ends which means they tell which data source will be used (like an official price or match score). They are important because they make it clear what counts as a valid outcome and ensure fairness in case of disputes. Reading the rules means you’ll know exactly how the winner is decided.

Things You Should Note

Every market summary has:

  • The description of the market.

  • A start time (when the market starts counting from).

  • An end time (when the market stops counting).

  • A resolution time (when the result is confirmed and payouts are made).

  • The official verification source.

Always check the summary, rules, and timeline before buying shares. It helps you avoid surprises and keeps things clear.

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