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30. Politics rules

Smarkets general betting rules (1-11) will apply unless superseded by the Terms and Conditions or sports specific betting rules.

30.1   General

30.1   All markets will be determined using verified information from independent sources, such as national authorities, broadcasters, or other media outlets.

30.2   Bets placed after an event has taken place will be voided. We will seek to establish the time an event has taken place based on information from independent publicly available sources.

30.3  If the political event changes substantially that some or all of the contracts cannot be considered a valid representation of outcomes for an event. For instance, if the coalition of parties change before an election and the contracts no longer represent the current parties, we reserve the right to void the market.

Last modified: April 4th, 2019

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