> For the complete documentation index, see [llms.txt](https://docs.0y.world/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.0y.world/zh/ru-men-zhi-nan/what-is-odds-and-payout.md).

# 什么是赔率与赔付？

{% hint style="success" %}
赔率 = 市场当前对概率的判断 + 赔付。
{% endhint %}

在 0Y 上，赔率会根据以下因素变化：

* 实时市场状况（价格走势、波动率、流动性、新闻）
* 为保持市场公平和可持续而设的风险控制

可以简单这样理解：

* 如果某一边看起来*更可能*发生，它通常赔付*更少*。
* 如果某一边看起来*更不可能*发生，它通常赔付*更多*。<br>

#### 示例：BTC 15 分钟收盘（看涨/看跌）

市场：“15 分钟后 BTC 会收涨吗？”

* 如果赔率偏向看涨，看涨的赔付可能会较小。
* 如果赔率偏向看跌，看跌的赔付可能会较小。

在确认之前，你始终会看到赔率和赔付预览。


---

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