Quick Take: Understanding 'Resolution' in Prediction Markets

Hey folks, wanted to quickly touch on 'resolution' in prediction markets like Polymarket. It's not just about the event happening, but how it's decided. Take a market on, say, whether $SAP closes above 180 by end of day. If the market maker sets the resolution source as the closing price on NASDAQ, that's what we wait for. If $SAP shows 180.88, that's what counts, not some mid-day intraday high of 183.06 or low of 178.54. Always double-check the resolution criteria before placing a bet; it clarifies exactly what objective metric will be used to settle the market, preventing misunderstandings later on.