50fifty Event Contracts: A New Way to Trade Opinions

What Are Event Contracts?

Event contracts are a new asset class that allows participants to engage in binary outcome trading, where they can wager on the likelihood of specific real-world events. Unlike traditional gambling or sports betting, event contracts provide a structured and regulated way to trade on market-driven outcomes.

Through 50fifty, users can participate in daily event contracts by predicting the outcome of a yes-or-no question. These contracts offer a unique way to express opinions, hedge risk, and engage in a regulated marketplace that operates legally across all 50 U.S. states.

How Event Contracts Work on 50fifty

Each event contract is based on a simple binary question with two possible outcomes. Users can select either:

  • BLACK (indicating one outcome)
  • WHITE (indicating the opposite outcome)

Every 10 minutes the contract settles, and the outcome is determined based on market consensus—whichever side has the least amount of total money wagered wins the contract. Participants who chose the correct outcome receive double their investment.

Example:

Imagine you are following a daily prediction market on weather trends. The event contract for the day is:

"What will be the winning color be?"

  • You believe the answer is WHITE, so you place a bet on the WHITE side.
  • Another participant believes the answer is BLACK and places a bet on BLACK.
  • When the event concludes at the end of the 10 minute countdown, the side with the least total money wagered is declared the winning side.
  • If your side wins, you receive double your investment.

Contract Structure and Trading Mechanisms

50fifty event contracts operate under a fixed pricing model, ensuring transparency and predictability:

  • Each contract is valued at $1: Participants can wager anywhere from $1 to $100,000 per contract.
  • Binary Structure: You either double your money (if correct) or lose your initial wager (if incorrect).
  • Market-Driven Outcomes: The winning contract is determined by the side with the least amount of total wagers.
  • Real-Time Pricing: Contract values fluctuate as participants place their bets, influencing market sentiment and probabilities.

Why Participate in 50fifty Event Contracts?

  • Legal in All 50 States: Unlike traditional gambling, 50fifty operates as a regulated event contract platform.
  • Daily Market Activity: Users can engage with new contracts every day.
  • Risk & Reward: The binary nature of event contracts ensures fixed, predictable returns.
  • Fair Market Conditions: Since the winning outcome is based on the side with the least money wagered, users are incentivized to analyze market trends.