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March Madness Stocks
March Madness Stocks

Published
3/17/2023
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Updated
March 17, 2023

Mojo offers three types of stocks that are similar to traditional bets — with more styles of payouts to give you more control:

ALL-OR-NOTHING PAYOUTS (Moneyline, Over/Under Points)

When the event ends, you either win money or lose your entire wager.

Payout:
$0 or $1 per share

Example:
JALEN WILSON • 20 Points vs. HOW on 3/16
$0.50 share price

Payout Structure on a $20 Wager (40 shares)

Wilson scores:
19 Points - Payout $0
21 Points - Payout $40
30 Points - Payout $40
40 Points - Payout $40

STOCK-STYLE PAYOUTS (Player Points in Tournament, Team Wins in Tournament, Player Points in a Game)

Win more if you are right. Lose less if you are wrong.

Payout:
$1 per share for every stat scored

Example:
JALEN WILSON • Points vs. HOW on 3/16
$20 share price

Payout Structure on a $20 Wager (1 share)

Wilson scores:
19 Points - Payout $19
21 Points - Payout $21
30 Points - Payout $30
40 Points - Payout $40

OPTION-STYLE PAYOUTS

Lose everything if you're wrong. Returns can be huge if you're right.

Payout:
Each Option has a strike price — a stat that serves as an over/under line. A Call Option is essentially the OVER.

Mojo pays $1 per share for every stat ABOVE the strike price.

But if the stats at the end of the game equal the strike price or below, Mojo pays $0.

Example:
JALEN WILSON • 25 Point Call Option vs. HOW on 3/16
$1 share price

Payout Structure on a $20 Wager (1 share)

Wilson scores:
19 Points - Payout $0
21 Points - Payout $0
25 Points - Payout $0
30 Points - Payout $100
40 Points - Payout $300

Dave Campanaro is a full time employee of Mojo. All trades are made directly with Mojo, which sets the lines as the “house.” Recommendations are for entertainment purposes only. Please use your own judgment and data to make trades. Must be 21+ and physically located in NJ to trade. Gambling Problem? Call 1-800-GAMBLER
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