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THE WIRE
← THE EXCHANGE
Matthew Stafford · Passing TDs 2.5
OPEN
10,000 coins traded · 1 in it · the line moves on every bet
1
Over 2.5
Matthew Stafford · Passing TDs 2.5
50¢
-100
2
Under 2.5
Matthew Stafford · Passing TDs 2.5
50¢
+100
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THE TAPE

Every trade, and what it left the price at. This is the price history — there is no separate chart table, because two records of one truth drift.
WhoWhatCoins AtLeft it
WAS / Duck / ESPN/ TC 🏈 backed Over 2.5 10,000 50.2¢ 50.5¢
How this works. A price is what the room thinks the chance is — 34¢ means 34%. One share pays one coin if it comes in and nothing if it does not, so backing something at 34¢ turns 34,000 coins into 100,000 if you are right. Every bet moves the price, and a big one moves it while you are buying, so you get a worse average than the number on the button — that is real, it is not a fee. You can sell any time before it settles and take whatever the line is then. The house keeps 4¢ on the dollar when you buy, and nothing when you sell. Nothing pays more than 200×, which is what the bank will settle.
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