SHEET 40.6 — EVENT CONTRACT EV

Event contract EV calculator.

Yes-price, fee and your own probability estimate in — implied probability, fee-adjusted expected value and breakeven probability out. The fee line is where most event-market edges go to die; this shows it before you pay it.

Educational research only. Not financial advice.

contract inputs

Contracts settle at 100¢ if the event occurs, 0¢ if it does not. Your probability estimate is the number doing all the work — be honest with it.

results — estimates

max loss (price + fee)63.7¢ / contract
implied probability (market)62%
breakeven probability63.7%
fee-adjusted EV / contract+6.3¢
your edge vs breakeven+6.3 pts

POSITIVE EDGE (PER YOUR ESTIMATE)

assumptions

Buying YES at the quoted price; held to settlement; no exit before resolution; fee applied once per contract. EV = (your probability × 100¢) − price − fee. The market's implied probability ignores fees and any bid/ask spread; wide markets make realized results worse than this math.

Educational math only. Not financial advice. All results are estimates.

Want this run across every listed macro contract?

GiottoO Perspective ($29/mo) will include model-probability vs market-price panels for Fed, CPI and GDP contracts when the event-data integration goes live.

See pricing

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Related reading & tools

Event Contracts pillar — how regulated event markets workCredit Spread CalculatorPosition Sizing CalculatorMacro pillar — the prints these contracts settle on

Event contracts are binary: a losing contract loses 100% of the amount paid, and fees materially reduce expected value. Settlement rules and data-source definitions can differ from your intuition about the event. Read the event contracts risk disclosure before acting on any output.

GiottoO provides educational market research, probability analysis, and risk tools based on public, licensed, or user-authorized data. GiottoO is not a broker-dealer, investment adviser, commodity trading adviser, or financial adviser. Nothing on this platform is financial advice or a guarantee of performance. Trading and investing involve risk.