Resolving Markets
Learn how to fairly and accurately resolve prediction markets based on real-world outcomes.
Resolution Overview
Resolution is the process of determining the final outcome of a market based on what actually happened and distributing payouts to winning traders.
Your Responsibilities
As a market creator, you must:
- ✅ Monitor the event until it concludes
- ✅ Gather authoritative data promptly
- ✅ Follow your stated resolution criteria exactly
- ✅ Resolve within reasonable timeframe
- ✅ Provide clear resolution notes
- ✅ Handle disputes fairly
When to Resolve
Timing Guidelines
Resolve promptly after:
- Event has definitively concluded
- Official results are available
- Data from primary source confirmed
- No reasonable doubt remains
Don't rush if:
- Results may change (recounts, reviews)
- Official confirmation pending
- Data sources conflict
- Edge case needs investigation
Recommended Timelines
| Market Type | Resolution Timeline |
|---|---|
| Sports (game results) | 1-4 hours after final whistle |
| Elections (clear winner) | 24-48 hours after polls close |
| Elections (close/recount) | After official certification |
| Business (earnings) | 24 hours after announcement |
| Price predictions | 24 hours after target date |
| Yes/No events | 48 hours after event date |
Resolution Process
Step 1: Verify the Outcome
Check your primary source:
Market: Will Bitcoin reach $100,000 by Dec 31, 2025?
Verification:
✓ Check CoinMarketCap on Jan 1, 2026
✓ Review high price for Dec 31, 2025
✓ Confirm with secondary sources
✓ Screenshot evidence
Step 2: Review Your Criteria
Re-read your resolution criteria:
- Does the outcome clearly match YES or NO?
- Are there any edge cases that apply?
- Should you use backup sources?
- Is there any ambiguity?
Step 3: Gather Evidence
Document your resolution:
- Screenshot data sources
- Note exact values/results
- Record timestamp
- Save source URLs
- Document any calculations
Step 4: Submit Resolution
Navigate to market management:
- Go to your market page
- Click Resolve Market
- Select outcome (YES, NO, or N/A)
- Add resolution notes
- Attach evidence if needed
- Confirm resolution
Step 5: Write Resolution Notes
Explain your decision clearly:
Resolution: YES
This market resolves to YES because Bitcoin reached $103,250
on Coinbase at 3:47 PM UTC on December 28, 2025, exceeding
the $100,000 threshold before the December 31, 2025 deadline.
Sources:
- CoinMarketCap historical data (screenshot attached)
- Coinbase price feed confirmation
- Binance concurrent pricing: $103,180
Resolution timestamp: January 1, 2026 at 10:23 AM UTC
Resolution Outcomes
Resolving to YES
Use when:
- Event occurred as specified
- Threshold was met or exceeded
- Criteria for YES fulfilled
- Evidence is clear and conclusive
Payout: YES shareholders receive $1.00 per share
Resolving to NO
Use when:
- Event did not occur
- Threshold was not met
- Criteria for YES not fulfilled
- Deadline passed without occurrence
Payout: NO shareholders receive $1.00 per share
Resolving to N/A (Invalid)
Use ONLY when:
- Event was cancelled permanently
- Resolution is impossible to determine
- Criteria were fundamentally flawed
- Both YES and NO are incorrect
Payout: All traders refunded their initial investment
Warning: N/A should be rare. Only use when truly necessary.
Handling Disputes
Common Dispute Types
Source Interpretation
Issue: Traders disagree on data interpretation
Solution:
- Review your exact criteria
- Apply criteria literally
- Show your reasoning with evidence
- Consider community input
- Be consistent with past resolutions
Technical Issues
Issue: Data source had errors
Solution:
- Document the technical issue
- Use backup sources per criteria
- Investigate if error affected outcome
- Be transparent about decision process
Edge Cases
Issue: Unexpected scenario occurred
Solution:
- Check if you addressed this edge case
- Apply most analogous criteria
- Be fair and consistent
- Explain reasoning thoroughly
Dispute Resolution Steps
- Acknowledge: Respond to disputed claims
- Review: Re-examine your criteria and evidence
- Explain: Provide detailed reasoning
- Evidence: Share sources and data
- Fair: Consider if resolution was truly fair
- Correct: If wrong, resolve to platform support
When to Request Help
Contact platform support if:
- You made an error in resolution
- Situation is genuinely ambiguous
- Community strongly disagrees
- You're unable to access resolution data
- Personal conflict of interest exists
Resolution Best Practices
Be Objective
Remove bias:
- Don't consider your own positions
- Ignore financial impact on yourself
- Follow criteria regardless of preferences
- Treat all traders equally
Be Transparent
Share your process:
- Cite specific sources
- Show your calculations
- Explain edge case handling
- Respond to questions
Be Timely
Resolve promptly:
- Don't make traders wait unnecessarily
- Set expectations for timing
- Communicate delays if needed
- Batch resolve similar markets efficiently
Be Consistent
Apply standards uniformly:
- Use same methodology across markets
- Interpret criteria the same way
- Set precedents carefully
- Learn from past resolutions
Complex Scenarios
Scenario 1: Data Sources Conflict
Situation: Primary source shows YES, secondary shows NO
Resolution:
Per resolution criteria, using average of top 3 sources:
- Source A (Primary): 51.2%
- Source B (Secondary): 49.8%
- Source C (Tertiary): 50.5%
Average: 50.5%
Since criteria stated "must exceed 50%", and 50.5% > 50%,
resolving to YES.
Scenario 2: Event Postponed
Situation: Event rescheduled beyond 30-day extension limit
Resolution:
Per edge case criteria, event was postponed from Dec 15 to
Feb 3, exceeding our 30-day maximum extension.
Resolving to N/A as specified. All participants refunded.
Note: A new market for the rescheduled event has been created
[link to new market].
Scenario 3: Definition Changed Mid-Market
Situation: Official definition modified during market life
Resolution:
While the official definition changed on Nov 1, our resolution
criteria explicitly stated we would use the definition "as of
market creation date (Oct 1)."
Using original definition as specified, market resolves to YES.
Resolution Errors
If You Made a Mistake
Immediately:
- Don't try to hide it
- Contact platform support
- Explain the error clearly
- Provide correct resolution
- Apologize to traders
Platform Review Process
Support will:
- Review your evidence
- Verify the error
- Check resolution criteria
- Possibly re-resolve the market
- Adjust payouts if needed
Preventing Errors
Before finalizing:
- Double-check your sources
- Review criteria one more time
- Verify your calculations
- Check for recent updates
- Wait 10 minutes and review again
N/A Resolution Guidelines
Valid Reasons for N/A
✅ Event completely cancelled (no reschedule)
✅ All data sources permanently unavailable
✅ Resolution is genuinely impossible
✅ Criteria were fundamentally broken
✅ Force majeure prevented outcome
Invalid Reasons for N/A
❌ You don't want to resolve to YES or NO
❌ Community is upset with outcome
❌ You forgot to specify an edge case
❌ Data temporarily unavailable
❌ Result is controversial but clear
N/A Impact
Remember:
- Traders lose time value of money
- Opportunity cost of locked capital
- Damages your creator reputation
- Should be used sparingly
Multiple Choice Resolution
Selecting the Winner
Only one option can win:
Market: Who will win the championship?
Final Standings:
1. Team A - Champions ✓
2. Team B - Runner-up
3. Team C - Third place
Resolution: Option A (Team A)
All other options resolve to $0.
Tie Scenarios
Address in criteria:
If multiple teams tie:
- Use head-to-head record as tiebreaker
- If still tied, use point differential
- If still tied, resolve to "Other"
Batch Resolution
Resolving Multiple Markets
If you have many markets resolving:
- Sort by deadline
- Resolve oldest first
- Use consistent methodology
- Can resolve similar markets together
- Still provide individual notes
Efficiency Tips
- Prepare data ahead of time
- Use templates for resolution notes
- Screenshot all evidence at once
- Schedule resolution time
- Communicate batch resolution plan
Post-Resolution
Monitor Feedback
After resolving:
- Check for disputes
- Respond to questions
- Defend your decision with evidence
- Be open to review if genuinely wrong
Learn and Improve
Reflect on each resolution:
- What went well?
- What was challenging?
- How can criteria be clearer next time?
- What edge cases did you miss?
Build Reputation
Quality resolutions earn:
- Trust from traders
- Higher reputation scores
- Better market placement
- More trading volume
Resolution Checklist
Before finalizing:
- Event has conclusively occurred
- Primary source data collected
- Backup sources checked (if needed)
- Resolution criteria reviewed
- Evidence documented
- Edge cases considered
- Resolution notes written
- No personal bias applied
- Timing is appropriate
- Decision is defensible
Next Steps
Complete your market creator knowledge:
- Learn About Fees - Understand costs
- Market Types - All formats
- FAQ - Common questions
Need Help?
- Disputes: Email disputes@publicwager.com
- Technical: Email support@publicwager.com
- Examples: Review resolved markets for guidance
Remember: Fair, transparent, and timely resolution builds trust and grows the platform.