Championship Payout
The 100 SC per share paid to shareholders when their team wins the championship.
A championship payout is the fixed reward given to holders of a winning team's shares at the conclusion of the championship. In a sports stock market, this payout is what gives team shares their fundamental value. Since each share pays a fixed amount if the team wins, the expected value of a share is directly tied to the team's probability of winning. Shares of non-winning teams become worthless at the end of the championship.
On Sporty Stocks
On Sporty Stocks, each share pays exactly 100 Sporty Coins (SC) if the team wins its league championship. This fixed payout is what determines stock prices. If you buy a team at 10 SC and they win, you collect 100 SC per share, a 10x return.
Example
You own 200 shares of the Edmonton Oilers, purchased at an average price of 5.00 SC (total cost: 1,000 SC). The Oilers win the championship. Each of your 200 shares pays 100 SC, giving you 20,000 SC. Your profit is 19,000 SC.
Questions
What happens to shares of teams that do not win?
Shares of teams that do not win the championship become worthless at the end of the season. However, you can sell these shares anytime before the season ends to recover some of your investment.
When does the championship payout happen?
The payout is paid automatically once a team wins its league championship.
