When, in PredictIt’s judgment, the conditions for settlement of a contract have been met, or when a prescribed end date has passed, PredictIt will suspend trading activity pending confirmation of the circumstances and contract rules. This review period can take up to 48 hours, but is often much shorter. In rare cases, where the circumstances are ambiguous, it can take longer.
Once the review is complete, the contract is formally closed. PredictIt redeems each winning share for $1. All other shares have no value. A calculation of the amount credited to your account will appear in History.