Final prices are set by us. Every rank has a known value, and can be looked up any time.
In-game pricing is set by users. Prices update based on new user offers, and recently completed trades.
Yes! Payouts are fixed and guaranteed based on final rankings.
Each player is automatically assigned their rank value once scoring is final. [e.g. If 5th place overall is worth $20, and Tom Brady finishes with the 5th most points, then every user holding Tom Brady receives $20 per share.]
The IPO (Initial Player Offering) is an auction. Users bid for a limited number of shares, and the highest bidders win. Any user that gets outbid is notified in real-time. All winning bidders pay $0.01 more than the last user that wanted shares, but either was outbid or didn't bid enough to qualify.
A bid is the most you (or another user) is willing to pay for a share. If you see a bid listed, then that means another user is willing to buy at that price.
An ask is the least you (or another user) is willing to sell a share for. If you see an ask listed, then that means another user is willing to sell at that price.
After the IPO, shares are awarded to the highest bidders. Any bid amount in excess of the closing bid is returned to users. At this point, trading is live!
It depends. Check our valuations for final rankings before bidding. [e.g. You think Tom Brady will finish 10th or better in terms of fantasy points scored, and our value for #10 is $15, then maybe you bid just below 10th, say $14 per share.]
You buy or sell by trading with other users. The system matches "bids" (buyers) and "asks" (sellers) in real-time based on best available price.
Short answer: There weren't enough shares available at your price. During IPO, there are limited shares. If you received less than what you requested, then you're probably the low bidder, and other users bid more than you. During live trading, our system matches on best available price. If you bought or sold less shares than you ordered, then we could match no additional users at your price. Your remaining order will remain open until it's filled, cancelled, or expires.
Think of Contests like a poker tournament, and Markets like a poker cash game. For Contests, users buy-in for the same amount, and receive the same number of chips. At the end of the contest, your total chip count (your balance + your shares) relative to other users determines your prize amount. For Markets, each transaction represents real-money (dollar for dollar). If you buy x1 share @ $5, then we withdraw $5 from your cash balance. If you sell that x1 share @ $10, then we add $10 to your cash balance (and you just profited $5).
Not at this time. Send us a message if you'd like us to build this feature.
Yes. We plan to allow access when we launch our web app.