Parimutuels Markets

Powered by OddsFi, Pari-Mutuels are a type of short-term options contract. Unlike traditional futures or perpetuals, these contracts are peer-to-peer: you’re not betting against a centralized exchange or a market maker, you’re betting against other traders in a shared pool.

Each contract runs on a fixed timeframe (commonly 20 seconds to 1 minute). At the end of the round, traders who picked the correct direction (e.g., up or down) share the pool of losing bets proportionally.

In simple terms: You’re not trading against the market price—you’re trading against people.

• Predictability: Clear start and end times.

• No slippage or hidden fees.

• Inherent inefficiency—which means more opportunity.

You can also access Contracts History:

The Contract History box displays a real-time log of completed Parimutuel rounds, showing lock time, total volume, payout multipliers for Long and Short positions, and the winning side. It helps traders analyze market sentiment, spot crowd imbalances, and understand risk-reward dynamics round by round.