# Market Method When it comes to prediction markets there are multiple market method with their own unique characteristics. In order to build our MVP we decided to start with the Parimutuel market method which is one of the simpler and more transparent methods for users to understand. It's a market method where all contracts of a particular type are pooled together. The house or platform does not participate in the market but takes a percentage as a fee. After the event, the remaining pool is divided among the contributors who chose the winning outcome. The payout odds are determined by the total amount contract on each outcome, not set in advance. This method's key feature is that contributors compete against each other, not against the platform, and the final payout odds can fluctuate based on the volume of contracts placed. There are several types of prediction market methods, each with its own unique characteristics that we are considering for our future releases. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.syrax.io/syrax-market/whitepaper/how-syrax-works/market-method.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.