Prediction markets · Rookie
Event contract
What does Event contract mean?
An event contract defines a payoff linked to an observable outcome under specified rules. The contract's question, threshold, deadline and settlement process together determine the exposure.
Example
A contract concerns whether a named report exceeds a threshold on a particular release date.
Illustrative example; not a provider’s quoted offer.Why it matters for prop traders
Similar headlines can describe different contracts. Compare the full wording and official determination criteria before treating positions as equivalent.
Sources and further reading
The following primary sources support the terminology. Provider rules describe their own products and may change.