When, in PredictIt’s judgment, the conditions for settlement of a market have been met, or when a prescribed end date has passed, PredictIt will suspend trading activity pending confirmation of the circumstances and market rules. This review period usually takes less than 48 hours. In rare cases, where the circumstances are ambiguous or the settlement criteria are not readily available, it can take longer.
Once the review is complete, all contracts in the market are formally closed. PredictIt redeems each winning share in each contract for $1. All other shares have no value. A calculation of the amount credited to your account will appear in your trade History.