Probability-wise, this should definitely happen. The description is “Ends randomly within 24 hours”, so it seems perfectly reasonable that a Manifold Season should end before 9:00am PT at some point this year, right?
Resolves NO if Leagues are no longer a thing, or if they no longer “End randomly” within 24hrs, or NO when the December league ends (after 9am).
Note we’re using “close time” which is always earlier than “commit time” (when we find out what the “close time” was/is). See the pinned comment for a better explanation from @Eliza.
The time listed is always in the past, but by a varying amount. The times you listed are the "season closing official times", but each one is only reflected on the site a period of time afterward:
Feb 1, 2024, 5:51:49 PM - 24 mins before commit
Jan 1, 2024, 7:06:12 PM - 1 min before commit
Dec 1, 2023, 2:02:25 PM - 27 mins before commit
Nov 1, 2023, 2:01:38 PM - 6 mins before commit
Oct 1, 2023, 11:17:16 AM - 2 mins before commit
Sep 1, 2023, 8:20:04 PM - 1h24m before commit
Aug 1, 2023, 5:05:29 PM - 1h02m before commit
Jul 1, 2023, 12:22:53 PM - 41 mins before commit
Jun 1, 2023, 12:06:23 PM - 14 mins before commit
So, just for example, leagues in September closed at 8:20pm, but we didn't find out about it until 9:44pm. Make sense?
If leagues in December closed at 8:20am, but we didn't find out until 9:44am, would this resolve Yes or No?
@Eliza Yeah, i wondered about that edge case too. But from the description, it sounds like Matt meant to include December.
So based on Eliza's times, there's a mean of 3:21 PM with a standard deviation of 3 hours and 18 minutes, which sort of kind of implies that the odds of each subsequent independent draw being after 9:00 AM should be 97% times 10 months (assuming Feb is already after 9 AM) puts the odds of them all ending after 9 at 76%? using science!
They don't close leagues until they've 'fixed' a bunch of outstanding issues that always accumulate by the end of the month. There's at least some evidence that there is an informal "hey everyone is it okay to resolve leagues yet" check before leagues are resolved.
James is asleep during much of the time before 9am.
But, importantly, leagues closing time can be backdated to any chosen time in the past! So if it's 3pm and James is ready to close leagues, he could put 9am as the date.
I think there is a very, very important clarification you need to establish for your market:
Does this resolve based on the COMMIT TIME or the HARDCODED ENDING TIME?
If James pushes the leagues closing event at noon, but the time listed is 4:30am, are you resolving this Yes?
But, importantly, leagues closing time can be backdated to any chosen time in the past! So if it's 3pm and James is ready to close leagues, he could put 9am as the date.
This is wild, and kinda ruins the spirit of this market. Has that happened before? Are some of the times that I posted below incorrect, and actually backdated?
The time listed is always in the past, but by a varying amount. The times you listed are the "season closing official times", but each one is only reflected on the site a period of time afterward:
Feb 1, 2024, 5:51:49 PM - 24 mins before commit
Jan 1, 2024, 7:06:12 PM - 1 min before commit
Dec 1, 2023, 2:02:25 PM - 27 mins before commit
Nov 1, 2023, 2:01:38 PM - 6 mins before commit
Oct 1, 2023, 11:17:16 AM - 2 mins before commit
Sep 1, 2023, 8:20:04 PM - 1h24m before commit
Aug 1, 2023, 5:05:29 PM - 1h02m before commit
Jul 1, 2023, 12:22:53 PM - 41 mins before commit
Jun 1, 2023, 12:06:23 PM - 14 mins before commit
So, just for example, leagues in September closed at 8:20pm, but we didn't find out about it until 9:44pm. Make sense?
If leagues in December closed at 8:20am, but we didn't find out until 9:44am, would this resolve Yes or No?
@Eliza ok, thanks for explaining this all. Let’s go with the close time, not the informing time. So what I wrote in the comment below would be applicable. I’ll update the description.
So in your example, closed at 8:20am, it would Resolve YES.
@mattyb I don't think it ruins the point of this market very much. Because they will never back date it too far, as that would annoy a lot of people.
@mattyb James is not in Europe! He's the only one doing this action! He's never closed leagues while he was asleep.
@Eliza yea, but the people who are trading during those hours are europeans. they could backdate it that early, and count the europeans doing all the last minute mana buying, but not the americans.
the point of this market is, if it was truly random, that would happen. there’d be a random 3am or 8am one eventually.
@probajoelistic Nope! Close in October, but still 2.25hrs off.
Feb 1, 2024, 5:51:49 PM
Jan 1, 2024, 7:06:12 PM
Dec 1, 2023, 2:02:25 PM
Nov 1, 2023, 2:01:38 PM
Oct 1, 2023, 11:17:16 AM
Sep 1, 2023, 8:20:04 PM
Aug 1, 2023, 5:05:29 PM
Jul 1, 2023, 12:22:53 PM
Jun 1, 2023, 12:06:23 PM