| Outcome | Probability | Yes Bid | Yes Ask | 24h Change | Volume | |
|---|---|---|---|---|---|---|
| 3+ teams | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 4 teams | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 2+ teams | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| 1+ teams | 0% | 0¢ | 0¢ | — | $0 | Trade → |
This market asks how many #1-seeded teams or players will advance to the Round of 16 in the specified tournament; it matters because outcomes for top seeds shape bracket dynamics and trader opportunities during the event.
Top seeds are assigned based on rankings and past results and are generally expected to progress, but upsets, injuries, and draw quirks often change outcomes. Seeding practices and the size/structure of the draw vary by sport and tournament, so context matters when evaluating this market.
Market odds reflect the crowd’s collective assessment of each outcome relative to the others and should be read as comparative signals rather than certainties; use them alongside event-specific news and official results.
The individuals or teams officially designated as the number-one seed(s) by the tournament at the time the market was created; see the market page or the tournament's official seed list for the exact names used for settlement.
A #1 seed is considered to have reached the Round of 16 if they remain in the competition when the tournament's Round of 16 field is officially determined according to the tournament organizer's results and the exchange's settlement rules.
The four outcomes are discrete options defined by the market creator (typically different counts or categories of how many #1 seeds advance); consult the outcome labels on the market page for the precise definitions used for settlement.
Settlement follows the tournament's official rulings and the exchange's event rules: late withdrawals may be treated according to official seed adjustments at market creation, and walkovers/disqualifications are decided based on the official match results used for settlement.
The exchange will announce a market close time; trading continues until that close and settlement occurs after the Round of 16 is officially set and the exchange publishes final results—watch the market page and tournament schedule for updates.