Can markets be cancelled or voided? What happens if an event doesn’t take place as planned?
SI Predict’s compliance team strives to avoid situations where a market can’t be resolved, but unforeseeable scenarios can occur (for example, an event is canceled or no clear outcome occurs by the stated deadline). If such a case arises, the market may be voided (declared invalid) to protect users. Voiding a market means all traders get their staked funds back for that market – essentially it’s as if the market never happened, so no one wins or loses money. This typically happens only if the resolution criteria can’t be met or would be unfair. For instance, if a question was “Will Player X hit a home run in the championship game?” and that game is never played (say, due to a season cancellation), there’s no outcome; the market would likely be voided and all shares refunded. SI Predict will always communicate if a market is voided, and the resolution description usually outlines what conditions trigger an invalid result. It’s worth noting that voiding is rare – thanks to careful market design, most markets reach a definitive Yes or No outcome. But rest assured, if a market can’t be fairly resolved, your funds aren’t at risk on a coin flip; they’ll be returned to you.