Resolution criteria
This market will resolve to the institution that secures the 3rd place ranking in the official team competition for the 2025 William Lowell Putnam Mathematical Competition.
The official results, as published by the Mathematical Association of America (MAA) on their website (https://maa.org/math-competitions/putnam), will be the final authority for resolution. If the official results list multiple institutions as tied for 3rd place, the market will resolve to a proportional payout or N/A based on the final, official standing documentation, unless a tie-breaking rule is specified by the MAA. If the competition is cancelled or no official results are released by December 31, 2026, the market will resolve N/A.
Background
The William Lowell Putnam Mathematical Competition is an annual contest for undergraduate college students in the United States and Canada. The team competition consists of three members per team, selected by their respective institutions prior to the exam. Historically, institutions like Harvard, MIT, Princeton, Stanford, and Carnegie Mellon frequently top the rankings, making the competition for the top spots highly competitive. Because this is a "Dependent Multiple Choice" market with "Anyone" allowed to add answers, an 'Other' option will be automatically included for any colleges not listed.
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