LoL Markets

Each market asks a question and lists an outcome for each answer. A contract on an outcome pays $1 if it happens and $0 if it does not, so a price of 30¢ means traders give it about a 30% chance.

A match market resolves to the team that wins the match. A canceled match or a tie resolves 50-50. A postponed match counts only if it is rescheduled to start within 14 days of the original start; otherwise it resolves 50-50.

Season-long markets such as the Worlds winner, the winning region and power rankings, when they are listed.

Yes. You can sell your contracts at the current price at any time before the market closes. Holding to the end pays $1 per contract if your outcome wins.

Traders do. Prices come from supply and demand on an on-chain order book and automated liquidity, not from Limitless. The odds on each market are the current price of each outcome.

Yes. Resolved markets stay published with their final result, so you can open any past LoL market and check its outcome.