Lastleg mark Lastleg
Open tickets
2,418
Bids today
11,903
Book
live
  • 5 OF 6 WON · KNICKS ML PENDING

The book offers

$180

Take it or hold. No third option.

The market bids

$328

82% higher from bettor_728, two minutes ago.

Five legs green, one to go, and the only buyer is the house that wrote the ticket.

Lastleg puts that position in front of people who want it. You list, they bid, you decide. The spread the book was keeping goes to you instead.

Live bids on ticket #LL-08421

open order book
6-leg parlay, $1,400 if the last leg lands
Bidder Submitted Bid Vs book
bettor_728TOP2 min ago$328+82%
marketmaker096 min ago$312+73%
greenstreak11 min ago$295+64%
hedgeit_4418 min ago$260+44%
sundayparlay24 min ago$241+34%

+ 7 more bids on this ticket

Lastleg on a laptop and phone: a six-leg parlay with five legs won, the sportsbook cash-out at $180 beside a top market bid of $328, and a list of live bids from other bettors
Your live positions, priced by people who want them.

Why the book's number is always low

the spread

A cash-out offer is not a valuation. It is the price at which the sportsbook would rather own your position than pay it out, which means it sits below what the position is worth. You are negotiating with the only bidder in the room, and that bidder wrote the rules.

Another bettor looking at the same pending leg will pay more than the house, because they are pricing the outcome rather than pricing their own risk of paying you. Why a second bidder changes the number

How a sale settles

no custody, no decision
  1. You list the position, not the ticket Your bet stays with your sportsbook. Lastleg lists a contract on the same pending outcome, with your ticket id and the legs already settled attached as evidence.
  2. Buyers bid against each other Every bid is public and live. There is no quote, no algorithm and no house position. The price is whatever someone will actually pay, and you can refuse all of them.
  3. The result settles it When the last leg finishes, the contract pays out against the public result. Nobody holds the money in between and nobody decides who won.

$LASTLEG

maker rebates, not a coupon

A thin book is a bad book. Holders who post standing bids on open tickets earn $LASTLEG on every bid that gets taken, which pays people to be the second bidder on a ticket nobody else is watching yet.

The spread a seller captures is the product, so the token pays for the thing that creates it.

  • Maker rebates46%
  • Liquidity24%
  • Team, 24 month vest18%
  • Treasury12%