
Formula One: Will Max Verstappen finish ahead of Lewis Hamilton in the Mexican Grand Prix?
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From PolymarketAbout this market
ContextThis is a market on whether Lewis Hamilton will finish ahead of Max Verstappen in the Mexican Grand Prix, scheduled to take place on November 7, 2021. Formula 1 makes a belated comeback to Autodromo Hermanos Rodriguez in Mexico City for the 18th round of the 2021 season, after the cancellation of last year’s race due to the COVID-19 pandemic. Currently, after United States GP, Max Verstappen is 12 points ahead of Lewis Hamilton, both close favorites to win F1 world championship this season. The market will resolve to “Yes” If Max Verstappen finishes ahead of Lewis Hamilton, and “No” otherwise. Note: - If Max Verstappen finishes the race but Lewis Hamilton does not, the market will resolve to “Yes.” - If Lewis Hamilton finishes the race but Max Verstappen does not, this market will resolve to “No.” - If neither Lewis Hamilton nor Max Verstappen finish the race, or Mexican Grand Prix is rescheduled to a date after November 15, 2021, this market will resolve 50-50. - If for any reason the Mexican Grand Prix is rescheduled to a date on or before November 15, 2021, the same market conditions will apply.
How trading works
Polymarket uses a central limit order book (CLOB) model — you can buy or sell shares of any outcome at the current market price, or place limit orders at your target price. All positions are settled in USDC when the market resolves.
Resolution
Markets resolve through UMA's Optimistic Oracle. After the market closes, a proposer submits a resolution, followed by a 2-hour dispute window. If no dispute is raised, the resolution is accepted. Disputed markets go to UMA token holder vote.