Categorical Market Best Practices
π Ideal Categorical Market Example
Question: Who will win the 2025 MLB World Series?
Options:
Yankees
Braves
Dodgers
Astros
Red Sox
Other
Resolution Date: November 5, 2025, 11:59 PM
Resolution Rules: This market resolves to the team officially declared the winner of the 2025 MLB World Series by MLB.com. If the MLB season is canceled or incomplete by the resolution date, all options resolve to No.
Sources:
π― Crafting Great Categorical Markets
πΈ Write a Clear, Singular Question
Clearly specify the event and year.
Avoid complex or multi-part questions.
πΈ Provide Distinct and Comprehensive Options
Clearly list options exactly as they officially appear.
Limit to between 2 and 20 options.
Always include an "Other" option to handle unexpected outcomes.
πΈ Clearly Explain Resolution Rules
Rules should clearly specify how and when the market resolves.
Address special cases such as event cancellations or incompletions.
Avoid ambiguity; clear wording is essential.
πΈ Choose a Realistic Resolution Date
Use the official date of event completion, if available.
Clearly indicate the timezone and time cutoff.
Date must fall within one year from proposal.
πΈ List Official Sources Separately
Provide any and all sources mentioned in the rules.
Users rely on these sources to confirm market results.
πΈ Option Images (Optional)
Add square images or logos for each option.
Images should default to the main market image if not provided individually.
β οΈ Pro Tip: Always imagine unexpected outcomesβyour market rules should clearly handle any scenario to avoid confusion!
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