You’ve got the basics covered. Now it’s time to dial up the excitement with a little more know-how in your toolkit.
Stocks are listed by the price of one full share, but you can buy multiple or fractional shares, based on how much you want to bet. You’re never required to purchase a full share. For example, if the share price of a Jayson Tatum stock is $300, and you only want to bet $100, you’d be purchasing 0.33 shares
Shares are automatically paid out at $1 per stat (points, TDs, wins, Mojo Value, etc.) at the conclusion of the bet. And with LiquidTrading, you can instantly collect profits or cut losses before the bet ends.
Each stock on Mojo has a share price that represents its latest fair-market value. This is the price at which you can buy or sell a stock, depending on whether you think it’s over- or under-valued.
Unlike traditional sportsbooks’ opaque cash outs, Mojo’s transparent share prices let you see exactly what the bet is worth, so you can track it throughout the game, make your call, and try to buy low and sell high. The price at which you can sell is the same price at which someone else can buy.
Share prices move in real-time all year long, based on performance, news, and market sentiment — just like a traditional stock. On-field stats, trades, rumors, expectations, and “the wisdom of the crowd” all impact which direction, and how much, a stock’s share price will move.
Certain stocks on Mojo have Multiplier options to supercharge your risk/reward by Multiplying your return. With a 5x Multiplier, a 2% return becomes 10%, a 5% return becomes 25%, and so on. Losses are multiplied, too — but you can never lose more than you put down. (But you can lose it faster.)