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How ODDS works, in plain words.

Prices and payouts

Share prices follow the crowd, so the less popular side pays more per dollar if it lands.

Why a 30¢ side pays more

Prices on ODDS are set by the crowd, not by ODDS. When most people call Up, Up shares get expensive and Down shares get cheap. The same dollar buys more shares on the cheaper side.

SidePrice per shareShares for $1
Up70¢about 1.4
Down30¢about 3.3

If Down lands, holding 3.3 shares instead of 1.4 is what makes the payout per dollar larger. Prices keep moving while the round is open, so the price you get is the price at the moment you buy.

Range markets

Range markets price every outcome together, so the prices across all ranges add up to about 100¢. Buying one range raises its price and lowers the others.

Fees, settlement and claims

Coming with the contracts

The protocol fee, the price source used to settle rounds, the asset you stake and any claim deadline are set in the smart contracts. They are not final yet. This page will list each of them, with contract addresses, before trading opens. Estimates shown in the preview are illustrative only.