What are the odds of "Yes" for "March Madness: Will a #1 seed win?"?

Currently 100% probability according to Polymarket prediction market traders.

What are the odds of "No" for "March Madness: Will a #1 seed win?"?

Currently 0% probability according to Polymarket prediction market traders.

March Madness: Will a #1 seed win?

Current odds

Live · updates every 20s

YES

100%

PRICE $1.00 · IMPLIED 100%▸ BUY YES

PRICE $0.00 · IMPLIED 0%▸ BUY NO

Price history

OPEN 24H

0.96

Yes

HIGH 24H

0.99

at 11:42 ET

LOW 24H

0.93

at 02:18 ET

CHANGE

+0.04

+7.0% on Yes

Market stats

Polymarket · CLOB

24H VOLUME

—

Past 24 hours

TOTAL VOLUME

$19k

Since creation

LIQUIDITY

—

Available to trade

Recent trades

Last 10 fills · live

TIME	SIDE	PRICE	SIZE	VALUE	TRADER

About this market

Context

This market will resolve to "Yes" if any #1 seed becomes the winner of the 2024 March Madness tournament. Otherwise, this market will resolve to "No". This market may immediately resolve to "No" if it becomes impossible for a #1 seed to win, based on the rules of the tournament. Likewise this market may immediately resolve to "Yes" if it becomes guaranteed for a #1 seed to win. The primary resolution source for this market will be official information from NCAA (https://www.ncaa.com/march-madness-live/bracket), however other credible reporting may be used.

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.

FAQ

Resolution & trading

How is this market resolved?+

The market resolves based on the official outcome as verified by the UMA Optimistic Oracle.

When does this market close?+

Trading closes at Apr 7, 2024 · 11:00 PM UTC. After close, the UMA oracle proposes a resolution and a 2-hour dispute window opens before final settlement.

What are the possible outcomes?+

The possible outcomes are: Yes (100%), No (0%). Each contract pays out $1 if correct, $0 otherwise.

What happens if the resolution source is unavailable?+

If the primary resolution source is unavailable, the market may be delayed or resolved by UMA oracle vote using credible alternative sources. Polymarket's optimistic oracle has final authority on disputed resolutions.

How do I trade on Polymarket?+

You need a Polymarket account (sign up with email or crypto wallet). Connect a Polygon-compatible wallet, fund it with USDC, and you can buy or sell shares of any outcome at the current market price. All settlements are in USDC.