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How Markets Are Settled

Updated this week

Every Prediction Pick market has a defined set of rules that determine when and how it settles. The resolution source, timing, and criteria are all established in advance, and outcomes are determined strictly according to those terms.

Who determines the outcome?

The exchange powering your account determines the official settlement of each market:

  • Kalshi-powered accounts: Markets are settled by Kalshi's Outcome Review Committee in accordance with the Kalshi Rulebook.

  • CDNA-powered accounts: Markets are settled by Crypto.com | CDNA in accordance with the CDNA Sports Event Trading Rules.

Underdog Predict reflects the settlement from the exchange. We do not independently determine or override market outcomes.

When do markets settle?

Most single-game markets settle within a few hours of the event concluding. Payouts are typically processed within 24 hours of settlement.

Futures markets settle once the final outcome of the season or competition is officially determined.

What happens if a game is postponed or canceled?

If a game or event is postponed, canceled, or not completed within 48 hours of its originally scheduled start time, it will be treated as a Canceled Event.

When an event is canceled, your contracts are still settled β€” you won't simply lose your full entry fee. Instead of paying out $1.00 or $0.00, the exchange settles at a price that reflects what the market thought each outcome was worth in the period leading up to the cancellation. In practice, this means you'll typically receive somewhere between $0.00 and $1.00 per contract depending on which side you were on and how the market was trading before the event was called off.

Prediction entries will be settled 48 hours from the original start time to ensure the game is not played within 48 hours of the originally scheduled date.

For full canceled event rules, refer to your exchange's rulebook:

Sport-specific settlement rules

Settlement rules can vary by sport. See the sport-specific articles in the Underdog Predict collection for details on:

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