Polymarket has rolled out a new combo trading feature that allows users to place multiple predictions in a single transaction, streamlining their betting experience in the sports market. This update, which became effective around June 10, presents an alternative to standard trading methods by requiring that all selections within a combo must win for traders to receive a payout.
The structure of combo trading means that a single losing selection will invalidate the entire wager, which can lead to increased returns if multiple bets win compared to betting on selections individually. Currently, this feature is limited to sports markets, including moneyline, spread, and total bets.
In conjunction with the new feature, Polymarket has shifted to a request-for-quote (RFQ) system for executing combo orders. Unlike the traditional order book method, this system allows traders to submit a combo and receive quotes from market makers within 400 milliseconds. After that, users have five seconds to decide whether to accept the best price offered. In cases where the Last Look function is activated, liquidity providers have an additional second to confirm their quotes before they become final.
This approach to pricing is similar to methods often used in traditional finance for instruments that are difficult to price or do not trade well through passive matching. By utilizing this mechanism, Polymarket aims to offer better pricing accuracy for combo outcomes.
Additionally, the platform has introduced a public combo-markets API, which enables developers to interact with the feature without the usual authentication requirements.
This article is for informational purposes only and does not constitute financial advice.
