Pricing and operator exposure
Define prices, limits, acceptance and bookmaker settlement.
Define what the market means, how participation works and which evidence resolves the accepted position.
Define your resolution rules
Prediction market platform development connects defined future outcomes with the chosen participation and settlement model. Fixed-odds event betting and order-book prediction markets have different pricing, liquidity, liability and settlement requirements. A technical proposal should name the mechanism and the authorized operating scope rather than treating prediction markets as a single universal product.
A market needs a clear question, possible outcomes, closing time, evidence source and rule for exceptional situations. Ambiguous wording becomes a support and settlement problem after participation has begun. We scope a market review workflow and versioning so the approved rules remain attached to accepted positions or wagers.
Define the event identifier, mutually exclusive outcomes, cutoff time and timezone, authoritative evidence source and fallback policy before publication. Specify what happens if the event is postponed, cancelled, ambiguous, corrected or still unresolved after the expected deadline. Publishing, suspending participation and resolving the market are distinct permissions and states. The accepted wager or position keeps the exact question, rule and pricing/execution version; later wording changes create a reviewed version instead of silently changing existing exposure.
Define prices, limits, acceptance and bookmaker settlement.
Define depth, matching priority, reservations and commissions.
Define inventory, fees, slippage, position accounting and resolution.
A fixed-odds model requires pricing and operator liability controls, while an exchange needs order and liquidity management. The player interface, wallet reservations and risk reports follow that choice. We evaluate provider integration or commissioned modules against the actual product rather than assuming one backend can be reused without material changes.
If the proposed product uses an automated market maker (AMM), assess it as a distinct pricing and liquidity workstream. The brief must identify the pricing function, liquidity funding and withdrawal rules, fees, position accounting and outcome-resolution authority. An on-chain design also needs explicit contract, wallet, oracle and independent-review boundaries. We first confirm the retained protocol or commissioned scope; these capabilities are not implied by a sportsbook integration or an order-book interface.
Fixed-odds event betting, peer-to-peer matching and other event-contract models need different financial and operating rules. We scope the approved model and its resolution evidence rather than treat every prediction product as the same platform.
| Workstream | Project scope | Dependencies to confirm |
|---|---|---|
| Fixed-odds event betting | Define event catalogue, pricing, limits and bookmaker settlement workflows. | A selected pricing/risk arrangement and approved market rules. |
| Peer-to-peer exchange | Scope back/lay orders, matching, liability reservation and commissions. | Liquidity arrangements, matching rules and operator decision authority. |
| Resolution and disputes | Implement outcome sources, correction handling and review records. | Approved resolution rules, data rights and responsible decision owners. |
Keep the rule version, source provenance, authorized review and financial effect linked through pending, final or disputed states.
Resolution may involve delayed official information or a corrected source. We define pending, final and disputed states, the evidence staff can review and the permitted financial corrections. Access controls separate ordinary content editing from outcome finalization, and acceptance testing covers cancelled, unresolved or exceptional markets.
The resolution workflow records source provenance, timestamps, reviewer decisions, dispute deadlines and the approved escalation or appeal route. Link each settlement, void, refund or correction to the affected accepted positions and preserve prior records through identified adjustments. For on-chain scope, identify oracle and contract versions, transaction finality, key custody and incident ownership; a protocol integration alone does not supply an operator back office. Acceptance covers late/corrected sources, unresolved markets, repeat settlement, suspended execution and reconciliation. Handover includes lifecycle rules, provider/protocol dependencies, access roles and operational runbooks.
No. Some products use fixed odds, while others use an order book or another mechanism. The execution model determines liquidity, liabilities, pricing and the engineering scope.
No. Product permissions and operating requirements must be assessed for the intended market with qualified advisers and relevant providers. We implement the approved requirements and track them as release dependencies.
The approved rules identify an authoritative source and resolution process. The software records that evidence and the decision history, with permissions and dispute handling appropriate to the operating model.
Potentially, if the platform, providers and authorized operating scope support it. We assess market definition, pricing, wallet behavior, resolution and reporting before treating it as an additional sportsbook category.
Fixed odds uses a quoted price and operator exposure policy. An order book needs matching priority, order lifecycle, liquidity and reserved positions. An AMM uses a specified pricing function and funded liquidity, with fee, slippage, inventory and withdrawal rules. We choose the model before defining the wallet, interface and risk scope; an on-chain implementation also needs explicit contract, oracle, custody and independent-review responsibilities.
A retained protocol can be evaluated against the desired markets, chain or hosting environment, wallet/custody model, oracle, liquidity and licence terms. The gap assessment identifies what the protocol supplies and what still needs building: discovery, accounts, market administration, limits, reconciliation, disputes and operating interfaces. No existing protocol establishes authorization to offer event contracts in a target country.
Provide the execution model, event categories and resolution rules, intended markets, channels, existing platform, providers/protocols and expected operating responsibilities. Those choices determine market administration, pricing/matching, liquidity, financial records, testing and handover. Estimates follow discovery and the confirmed dependencies; market volume, launch timing or trading outcomes are not assumed.
Agree the event taxonomy, fixed-odds or exchange mechanics, authoritative resolution sources and dispute policy. Confirm the product boundary and external specialist dependencies before implementation.
Implement opening, suspension, closure and resolution with the required account reservations and operator permissions. Record the evidence and rule version used for each material decision.
Rehearse ambiguous outcomes, delayed evidence, repeated settlement requests and approved corrections. Deliver a resolution trail that connects market decisions to account and ledger effects.
Bring the event types, trading or participation model, outcome sources and dispute rules you want to implement. We will define market creation, funding, closure and resolution responsibilities before scoping the platform and its financial connections.
Let’s build