Liquid and paiN are scheduled to play each other in the IEM Cologne 2025 Tournament on July 23, 2025. This market will resolve to “Liquid” if Liquid wins against paiN in the best of 3 matchup of the IEM Cologne Tournament. This market will resolve to “paiN” if paiN wins against Liquid in the best of 3 matchup of the IEM Cologne Tournament. If the match ends in a tie, is canceled, or delayed beyond July 30, 2025, this market will resolve to 50-50. The resolution source for this market will be official information from HLTV: https://www.hltv.org/events/8230/iem-cologne-2025-stage-1.