DraftKings Predictions
Will any 1-seed lose before Round of 16?
March Madness
A 1-seed loses before Sweet 16
Rules
This market will resolve to "Yes" if at least one 1-seeded team is eliminated prior to reaching the Round of 16 (Round of 16) in the College Basketball tournament. Otherwise, this market will resolve to "No". For the purposes of this market, a team is considered eliminated when it records its first loss in the tournament. Therefore, a 1-seed "loses before Round of 16" if it loses in either the Round of 64 or the Round of 32. If a game result is vacated, forfeited, or administratively awarded, the advancing team will be the official recorded winner and will be used for settlement purposes. The primary resolution source for this market will be official information from the league governing College Basketball. The official resolution sources are the agencies listed in Rule 14.67(c) in the CDNA Rulebook, which can be found here [https://www.nadex.com/rules/]. Liquidity may be low while the event is live. Trading is temporarily paused during scheduled maintenance periods. Settlement Source: Rule 14.67(c) in the CDNA Rulebook
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