Overview
URL: llms-txt#overview
Contents:
- Augmented Negative Risk
- Original Outcomes
- Placeholder Outcomes
- Explicit Other
Source: https://docs.polymarket.com/developers/neg-risk/overview
Certain events which meet the criteria of being "winner-take-all" may be deployed as "negative risk" events/markets. The Gamma API includes a boolean field on events, negRisk, which indicates whether the event is negative risk.
Negative risk allows for increased capital efficiency by relating all markets within events via a convert action. More explicitly, a NO share in any market can be converted into 1 YES share in all other markets. Converts can be exercised via the Negative Adapter. You can read more about negative risk here.