Deriv Even/Odd: How Digit Parity Contracts Work
Even and Odd contracts are decided by whether the last digit is even or odd. Simple rules, and easy to misread.
Last updated October 28, 2026
The rule
Even wins if the last digit of the final tick is 0, 2, 4, 6 or 8. Odd wins if it is 1, 3, 5, 7 or 9. You choose the duration in ticks and the stake.
The odds and the payout
Five of the ten digits are even, so each side wins about half the time. The payout is a little under double the stake, which means you need to win slightly more than half your contracts just to break even. Check the payout Deriv shows before buying.
Streaks and the gambler's fallacy
Runs like "seven odd digits in a row" happen all the time in random data. After such a run, the next digit is still about 50% even. Strategies that bet on parity "correcting" have no built-in advantage on a random index.
Using digit statistics
The Analysis Tool's Digits mode shows the even/odd split and digit frequencies over recent ticks. Use it to see what has happened, not as a forecast.
How EvenEdge and OddPulse approach it
EvenEdge (Even) and OddPulse (Odd) measure the share of their target parity over the last 200 ticks on the 1-second Volatility indices. They need a minimum sample and a dominance condition before signalling, confirm the entry, and cancel the setup if the opposite parity takes over. You authorize each signal window, and your stake and loss limits apply.