Every team has a price. Every finish has a payout. Here is how it works.

Each team or player in a FanFolio market has a stock price. That price is not set by the platform — it is set by traders placing buy and sell orders on an order book, just like a financial exchange. If more people want to buy a team than sell it, the price goes up. If sellers outnumber buyers, it goes down.

At the end of a season or tournament, every stock pays out based on where the team actually finished. First place gets the highest payout, last place gets the lowest. The payout schedule is published before the market opens so every trader knows exactly what each finishing position is worth.

Prices move when new information changes the market's expectations. A team that wins three matches in a row will see buying pressure push its price up, because traders now expect a higher finishing position. A key injury might cause selling pressure as expectations drop.

The interesting part is that prices often move before results are confirmed — just like real financial markets. If a strong team draws a weak opponent, its stock might rise in anticipation. If the upset actually happens, the market reprices again. The traders who read these situations correctly are the ones who profit.