> For the complete documentation index, see [llms.txt](https://polymarketguide.gitbook.io/polymarketguide/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://polymarketguide.gitbook.io/polymarketguide/resolution/how-do-markets-resolve/event.md).

# Event

The first step is an event.

<figure><img src="https://3511841878-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FwmHFi7NV8gmAN3L4jVKb%2Fuploads%2Fly7Ld5IatWwf7sjLZMlz%2F1.png?alt=media&amp;token=9fa2fbee-6268-4d3b-9bd3-b36fd8efc243" alt=""><figcaption></figcaption></figure>

### What is an event?

An event is something that happens in the real world that may determine a market's outcome.

*Example*: The Buffalo Bills win the 2026 Super Bowl.

### Does the event qualify?

For an event to qualify, it must meet the market's resolution criteria.

For **Yes** outcomes, this means a qualifying event occurred.

For **No** outcomes, it usually means the market ended without a qualifying event.

*Example*: The Buffalo Bills winning the 2026 Super Bowl meets the resolution criteria for *Super Bowl Champion 2026 (Buffalo Bills)*.

<figure><img src="https://3511841878-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FwmHFi7NV8gmAN3L4jVKb%2Fuploads%2F4CcRI7zbEoT6fnF9K9wm%2F2.png?alt=media&amp;token=e50888ea-edb5-4355-8ce3-d9f4c66f1e59" alt=""><figcaption></figcaption></figure>

### Is the market proposal ready?

Once an event qualifies, the market is ready for proposal.

*Example*: Once the Buffalo Bills' win is confirmed, a user can submit a Yes proposal for *Super Bowl Champion 2026 (Buffalo Bills)*.

<figure><img src="https://3511841878-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FwmHFi7NV8gmAN3L4jVKb%2Fuploads%2FlCItLFzAdGp132O4hZMU%2F3.png?alt=media&amp;token=f273a119-5b1a-4f33-b207-bad2a7083ab5" alt=""><figcaption></figcaption></figure>