WET Live · Verification
How WET verifies
WET Live is built around real events that WET’s own field team covers; partner exchanges decide whether to list markets on them. Every covered event is held to the same published rules: which sources count as evidence, what each coverage level means, how an outcome is recorded and corrected, what a stream needs before it plays, and the rules WET’s field crews and its chat work under.
WET's field coverage is launching. This page sets out the rules every event WET covers will be held to. Until a WET field crew has covered an event and a WET operator has checked its sources, nothing on WET Live carries a WET verification mark.
01 · Evidence
The source hierarchy
A coverage badge is a claim about evidence: what is reporting on an event, and who has checked it. Sources are ranked from direct observation to formal challenge, in the order WET weighs them.
Machine sources
Timing systems, sensors and official data feeds that record the event directly.
Authoritative sources
The organizer, the governing body or the official scorers.
Independent observers
Observers with no stake in the outcome, such as WET field cameras.
Adjudication
A documented review when sources disagree or a result is unclear.
Dispute
A formal challenge to a result, and how it was resolved.
A source counts as verified only when a WET operator has checked it for that event. Nobody else can mark a source verified: not the organizer, not an exchange, not a viewer.
Context, never evidence
Market data
Exchange listings and the rules each venue states. Context only: a market is not an observation of the event.
Media
News reports about the event. Context only: WET has not verified them.
02 · Badges
Coverage levels
What each coverage badge means. A level is an existence test over an event’s sources, so more evidence can raise it and never lower it.
- Unverified coverage: No source is attached to this event.
No source is attached to this event.
- Partial coverage coverage: Market data, venue rules or news reports only. None of these is an observation of the event, so they can never raise coverage above partial.
Market data, venue rules or news reports only. None of these is an observation of the event, so they can never raise coverage above partial.
- Standard coverage coverage: A machine feed or an official source is reporting on the event.
A machine feed or an official source is reporting on the event.
- High confidence coverage: At least two sources verified by WET, from at least two tiers (machine, authoritative, independent observer).
At least two sources verified by WET, from at least two tiers (machine, authoritative, independent observer).
- Verified final coverage: High-confidence coverage and a final outcome that WET verified and published as an observation of the event, never as a contract's resolution or settlement.
High-confidence coverage and a final outcome that WET verified and published as an observation of the event, never as a contract's resolution or settlement.
A check mark appears only on High confidence and Verified final, the two levels whose definition includes verification by WET. Market data, an exchange’s stated rules and news reports can never lift an event above Partial.
03 · Results
Outcome records
When WET covers an event, it publishes an outcome record: the result as WET observed it, the source it rests on and when it was verified. A record is always in one of four states.
- Preliminary
WET's first reading of the result, published as soon as the evidence supports one. It can still change, and the record says so.
- Final
The result as WET observed it once the evidence is complete: the sources agree, or adjudication has settled where they did not.
- Disputed
The result has been formally challenged, or the sources conflict and a review is open. The record stays visible, with the challenge beside it, until a new version resolves it.
- Void
No result can be recorded: the event was cancelled or abandoned, or it could not be observed as described. Void is published as a state, never left blank.
Versions and corrections
- Every outcome record is versioned. A correction is a new version that names the version it supersedes and says what changed and why.
- Nothing is edited in place or deleted. Earlier versions stay in the event's history, so anyone can see what WET published and when.
- Who determined a result is part of the record. An exchange settling its own market is that exchange's decision, shown apart, and is not WET verification.
- An outcome record is a separate measure from market prices and from the coverage level: a price is what traders expect, the record is what WET observed.
- v1
Preliminary
First reading published
- v2
Final
Evidence complete
- v3
Final
Correction: supersedes v2, with the reason
04 · Video
Streams and rights
No stream plays on WET Live without documented rights. A broadcast needs all three of the items below; without them the player says there is no authorized broadcast, and nothing else plays in its place.
A rights holder
Who owns the right to show this coverage.
A basis
Owned by WET, licensed to WET, or a partner's own embed.
A documented date
When those rights were recorded.
- A broadcast you watch is media: context beside the event, never evidence of its result. A WET field camera recording for verification is an independent observer, logged as a source of its own.
- Viewer counts come from the stream provider's own measurement. Where there is none, WET shows no number rather than a zero.
05 · Doctrine
Published to everyone
An outcome record is a publication, not a privilege and not a settlement.
- Outcome records are WET's published observations of events it covers. They are free and public, and they publish to everyone at the same moment with their evidence: no early access, at any tier.
- They are observations, not settlements. WET does not operate an exchange, takes no orders, holds no funds and settles nothing; each exchange settles its own contracts under its own rules.
- WET is no contract's resolution source, and offers no licence to use an outcome record as one. An exchange that cites a WET record makes its own determination; WET states no contract's outcome.
Information, not advice. Exchanges decide what they list and how they settle it; WET does not operate an exchange.
Read WET’s governance policies06 · Field crew
Field crew rules
Coverage staff do not trade, do not relay, and latency is never sold.
No WET employee, contractor or field operator holds or trades a position in any contract on an event they are assigned to cover, from the moment of assignment until every listing on that event has settled. No one relays an observation of a covered event to anyone before WET publishes it to everyone. For event observations, latency is never sold: every reader, paid or not, receives the same record at the same moment.
- Every field operator attests to this rule when they apply. A new wording is a new version, and an operator must attest to the current version before they can confirm an assignment.
- Crew assigned to an event cannot post in that event’s chat.
- An event page says how many people WET has on the event, by role, and never who they are.
07 · Chat
Chat rules
Each published event WET covers has its own chat. It is open for posting while the event is about to start, under way, paused or delayed; after that it stays as read-only history.
Chat with a WET account. Your chat name is your display name, or a pseudonym if you have not set one.
What WET does: Posting needs a signed-in account. Your email and account id are never shown.
No links, email addresses or phone numbers.
What WET does: Messages that contain them are refused before they post.
No trading tips, and no relaying of what someone at the venue sees before WET publishes it.
What WET does: WET field crew assigned to an event cannot post in its chat, during or after their assignment. Moderators remove relays and tips.
Be civil. No harassment, slurs or spam.
What WET does: A filter refuses some terms; moderators hide or remove messages and can mute an account.
Report a message that breaks these rules.
What WET does: Reported messages go to WET’s moderators. A message reported by several accounts at least a day old is hidden until reviewed. A muted account cannot report, and moderators can mute accounts that misuse reports.
A message is at most 280 characters.