> ## Documentation Index
> Fetch the complete documentation index at: https://docs.skepsis.live/llms.txt
> Use this file to discover all available pages before exploring further.

# Deterministic payouts

> You see and lock your exact payout the moment you trade.

## You know before you commit

On Skepsis the payout is deterministic. When you take a position, the app shows the exact amount you receive if the outcome lands in your range, and that amount is locked for your trade. No shifting odds are applied retroactively to a position you already hold.

## Why it is deterministic

LMSR fixes your shares at the moment of purchase. Each winning share pays a fixed amount on resolution. Later trades by others move the live quote for the next trade, not the payout on shares you already hold.

## The one thing that moves

The quote moves. The price to open a new position changes as the distribution shifts, so the multiple you can get changes over time. That is why trading early, before the crowd agrees, tends to pay more. See [understanding ranges](/for-traders/understanding-ranges).
