TIMELINE
1
Event begins
2
Event ends
Results are determined
3
Payment issued
Shortly after results are determined
Disclaimer:
Prediction is an event contract that is a derivatives product offered by Crypto.com | Derivatives North America (CDNA), a CFTC-regulated exchange through OG technology. Trading on CDNA involves risk and may not be appropriate for all. By trading you risk losing your cost to enter any transaction, including fees. You should carefully consider whether trading on CDNA is appropriate for you in light of your investment experience and financial resources. Any trading decisions you make are solely your responsibility and at your own risk.
HOW IT WORKS
This market will resolve according to the sum of the official seed numbers of the last two remaining teams in the College Basketball tournament. For the purposes of this market, the "last two remaining teams" are the teams that advance to play in the Championship Game. The seed numbers used for settlement will be the official tournament seed numbers shown on the official bracket, and the market will resolve to the listed range bucket that contains the sum. If the sum is exactly on a boundary, this market will resolve to the bucket that includes that integer (ranges are inclusive). If a game result is vacated, forfeited, or administratively awarded, the advancing team will be the official recorded winner and will be used for settlement purposes. The primary resolution source for this market will be official information from the league governing College Basketball. The official resolution sources are the agencies listed in Rule 14.67(c) in the CDNA Rulebook, which can be found here [https://www.nadex.com/rules/]. Liquidity may be low while the event is live. Trading is temporarily paused during scheduled maintenance periods. Settlement Source: Rule 14.67(c) in the CDNA Rulebook
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