Predictions on Betr: How Are Prediction Markets Resolved?

Every position you hold on Predictions on the Betr app eventually reaches a finish line: the market resolves, and the outcome becomes final.

A market resolves once its outcome is publicly known and Polymarket US confirms it under the market's contract terms. From that point forward, trading stops, winning contracts settle at $1.00 each, and losing contracts settle at $0.00. In some situations described in the contract terms, such as a canceled game or a tie, a contract may instead settle at another value, such as $0.50, or a fair market price determined by Polymarket US, which is not necessarily the last traded price. The contract terms that govern all of this are visible under the market's order book, so you can always check ahead of time what it takes for a market to settle one way or the other. Polymarket US may clarify or modify those terms before settlement (see How Are Markets Clarified?).

Polymarket US, as the exchange, determines each contract's outcome using the sources listed in the contract terms, such as the official league or governing body for a sports result. If a listed source is unavailable, the contract terms may name backup sources.

If an outcome is ambiguous or disputed, Polymarket US may use its Contract Outcome Review Process under the Polymarket US Rulebook before settling the contract. Settlement may be delayed while an official result is under review.

Once a contract settles, your balance updates automatically. Settlement is final in accordance with the Polymarket US Rulebook.

Predictions on Betr: How Are Markets Clarified?

Predictions on Betr are event contracts listed on Polymarket US (QCX LLC), a CFTC-designated contract market, and cleared through Polymarket Clearing (QC Clearing LLC). Betr provides the app you use to access Polymarket US. Betr is not the exchange or a broker. Trading event contracts involves risk, and you can lose the full amount you pay for a contract, plus fees. Each contract is governed by its contract terms and the Polymarket US Rulebook (https://polymarketexchange.com/files/legal/latest/rulebook).