Sharps.money
Research library

05 · Plain English

The words behind the board

A quick translation of the terms used across the board, record, and wallet pages.

Guide 5 of 5 · 3 minute reference

“The product should make the numbers clearer, not make simple ideas sound complex.”
01

Signal, consensus, and price

Signal: a real tracked bet recorded with its market, side, price, amount, and time.

Consensus: multiple tracked wallets arriving on the same side of a market.

Price: the cost of the position and the market's implied probability.

02

Return and Edge Rating

Return on volume: profit measured against total money wagered.

Edge Rating: an adjusted measure of whether a trader's results look repeatable after accounting for price, risk, and sample size.

Confirmed edge: a result strong enough to remain unlikely to be luck after accounting for all wallets tested.

03

Market states and receipts

Pre-game: the event has not started. Live: play is underway and the market may have moved. Finished: the result is known. Unknown: the source data is not clear enough for us to guess.

Receipt: the stored, auditable record of how a tracked buy finished.

Continue the system

What a signal actually tells you

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