DERIVATIVES DESK // OTC SIDE BETS
CONTRACTS: 2OPEN: 2TOTAL NOTIONAL: $40MAX EXPOSURE: $110
DRV-001PROP BETTOURNAMENT END
OPENPROP BET
PARTY 1 — OFFERING
TAYLOR BRUSHWYLER
↔
PARTY 2 — TAKING
HAYDEN DAVIS
UNDERLYING
REID S. PORTFOLIO
STRIKE
3+ WINS
ODDS
+150
IMPLIED PROB
40.0%
NOTIONAL
$20
MAX PAYOUT
$50
PROFIT IF HIT
$30
CONTRACT TERMSReid S. portfolio teams accumulate 3 or more tournament wins
DRV-002EXOTICPAYOUT DATE
OPENEXOTIC
PARTY 1 — OFFERING
HAYDEN DAVIS
↔
PARTY 2 — TAKING
TAYLOR BRUSHWYLER
UNDERLYING
PAYOUT VELOCITY
STRIKE
< 7 DAYS
ODDS
+200
IMPLIED PROB
33.3%
NOTIONAL
$20
MAX PAYOUT
$60
PROFIT IF HIT
$40
CONTRACT TERMSTime from tournament final to pool payout is under 7 calendar days
OTC DERIVATIVES ARE UNREGULATED SIDE BETS BETWEEN CONSENTING DEGENS. CALCUTTA TERMINAL ACTS AS RECORD-KEEPER ONLY. ALL SETTLEMENTS ARE PEER-TO-PEER VIA VENMO OR CASH.