Markets your app can’t list today.

Today a sports market offers one kind of ticket: over or under a published number. functionSPACE is the market layer that lets that same number carry many different tickets. We ran it live through the World Cup with partners you know; here is what happened, and what we could run together next season.

  • Over / under
  • Range
  • Precision call
  • Head-to-head duel
  • …any shape

Read the full case study

Over/under is one shape of many.

Every ticket is really a payoff shape drawn over a number. Over/under is the simplest one: it pays a flat amount if the number lands on your side of the line. Change the shape and you have a genuinely different bet on exactly the same market, priced by the same engine.

Lamine Yamal · fantasy points, the Final
drag the shape

Interface

YAMALthe Final · settled 19 Jul

Will Yamal beat 6.0 FP?

Max payout-
Max payout-
Settles on fantasy points · the Final · FP

Figure 1. Binary, range, linear, or write your own ƒ(x). Drag the chart, or use the ticket beside it. The × is what the ticket pays, priced live off the market curve.

Demonstrated live during the World Cup.

Three weeks of knockout football, traded on fantasy points rather than results: not who wins, but how each player performs. Three partner apps ran on one shared market layer, each with its own interface and its own audience: Polysights, Trepa and Kelvon.

WindowRound of 32 → Final
StakesPlay-money · off-chain engine
SurfacesFour apps on one market layer
SettlementPublished match data
Why it matters

129 markets settled, 8,800+ positions, four apps on one book. A real audience trading shapes no sportsbook lists today.

Two new trades from what’s already familiar.

The whole interface uses modes a sports trader already knows: take a line, or pick a range, and makes these dynamic choices. What comes back is a ticket no sportsbook currently lists, a payoff exactly as the user wants.

propSPACEWC Knockouts
KM Kylian Mbappé FWDvs PAR · R16

Recent formlast 5 · FP

6v GER3v ESP 7v POR4v BRA 6v NED

Set your linecrowd 5.0

5.0 Fantasy points

Pick a side

Your stakespread your $1,000

$250 Use remaining$750
Kylian Mbappé · fantasy pointsdrag the line

Figure 2. The ticket is a payoff shape. Move the line here or in the app; the screen and the curve are one market. Switch to in / out and the same number becomes a range bet, priced by the same engine.

Advanced modes, made easily.

Trepa built a mode neither other app offered: a precision call, where a trader names the number they expect and says how confident they are. Underneath, that buys a triangle payoff peaked on their call. It runs on the same markets as all other positions.

TREPAWC Knockouts
JB Jude Bellingham MIDvs MEX · QF

Your callyou, not the crowd

Calling 6 FP · band ±2.0

036912

Where will it land?whole points

6 Your call · FP

Confidence band±2.0

WideTight

If it lands in your band Bullseye

Your stakespread your $1,000

$250 Use remaining$750
Jude Bellingham · fantasy pointsdrag the call or its edges

Figure 3. A call plus a confidence band is a triangle payoff. Tighter band, sharper triangle, richer payout. And precision paid: point estimates returned −44.9% against −76.8% for range bets, about 32 points better per unit staked.

Numerical flexibility, user simplicity.

You choose what the market measures. Settle it on the difference between two players’ fantasy points and a head-to-head becomes one ordinary number line, so “who has the better game” is simply a ticket on it. Choose the unit well and a complicated proposition turns into a one-tap decision.

propSPACESemi-final bonus
LMHK Messi vs Kane $250 free
VS
Messi wins by +2 FP or more

Messi has the better game: more fantasy points tonight.

Settlement axisMessi FP − Kane FP

Kane +6levelMessi +6
Chance Pays
Messi v Kane · the differentialdrag the margin

Figure 4. Better game, win-by, dead even: three ordinary shapes on one differential axis. No new engine code, and adoption climbed to 72% of Trepa’s Final-round traders. Any published number can be a market.

Different venues, different games.

Identical markets underneath, three completely different trading signatures on top. Each venue’s interface drew its own kind of trader, and all of that flow met in one book.

Users took to it.

Across 129 settled markets and more than 8,800 positions, what traders valued was the part we most wanted to test: each shape made plain sense to them. Their own words, from the post-campaign survey.

01

“Easy to understand.”

The over/under is the door everyone walks in through, and nothing about it had to be taught. Of those surveyed after the Final, 16 of 17 said they would trade these markets for real money.

propSPACE trader · on over/unders

02

“Range is quite specific and better reflects how we view the odds.”

Given a shape with more room in it, traders used the room. 41% of propSPACE range picks were two buckets or narrower, a deliberately tight call rather than a safe wide one.

propSPACE trader · on range payoffs

03

“Easier to predict.”

A head-to-head asks who beats whom rather than how much, and that turned out to be the easier question. It drew 72% of Trepa’s final-round traders.

Trepa trader · on head-to-head duels

Build unique trades for your users

Four shapes, four different things they unlock. These are the same four categories the chart at the top of this page is built on, so whatever you pick here is something you have already seen priced.

Dynamic Binary
You ship
The over/under you already post, priced as a payoff instead of a fixed quote.
It gets you
The entry every user already recognises, and the door to the other three.
Dynamic Range
You ship
A band between two numbers, cut into as many buckets as the market deserves.
It gets you
A specific read becomes a specific ticket, at odds one line cannot express.
Long / Short
You ship
A position that pays in proportion, worth more the further the number runs their way.
It gets you
Conviction without a cliff, so a result never turns on one point either side.
Custom
You ship
Any payoff you can draw, over any stat you already publish.
It gets you
A listing surface that is not a fixed menu, so anything worth a price can have one.

Let’s run one of these together.

Pick a league and a ticket. We bring the market layer and the pricing; you bring the audience and the front end.

Premier League

38 rounds of the same fantasy-points unit we just ran.

NFL / CFB

The deepest prop audience there is: yards, receptions, any stat.

NBA

82 games a team, nightly boxscores, endless duels.

Tennis

Aces, games won, total sets: counts that build all match long.

Baseball

A stat for everything, every night from April to October.

More

Any sport that publishes a number we can settle on.