diff --git a/app/Http/Controllers/Api/V1/Admin/Config/OddsItemsReplaceController.php b/app/Http/Controllers/Api/V1/Admin/Config/OddsItemsReplaceController.php
new file mode 100644
index 0000000..115f1b6
--- /dev/null
+++ b/app/Http/Controllers/Api/V1/Admin/Config/OddsItemsReplaceController.php
@@ -0,0 +1,54 @@
+<?php
+
+namespace App\Http\Controllers\Api\V1\Admin\Config;
+
+use App\Http\Controllers\Controller;
+use App\Lottery\ConfigVersionStatus;
+use App\Lottery\ErrorCode;
+use App\Models\AdminUser;
+use App\Models\OddsVersion;
+use App\Services\Config\OddsStreamService;
+use App\Support\AdminConfigPresenter;
+use App\Support\ApiResponse;
+use Illuminate\Http\JsonResponse;
+use Illuminate\Http\Request;
+use Illuminate\Validation\Rule;
+
+/** PUT /api/v1/admin/config/odds-versions/{id}/items */
+final class OddsItemsReplaceController extends Controller
+{
+    public function __invoke(Request $request, int $id, OddsStreamService $service): JsonResponse
+    {
+        /** @var AdminUser $admin */
+        $admin = $request->lotteryAdmin();
+
+        /** @var OddsVersion $version */
+        $version = OddsVersion::query()->whereKey($id)->firstOrFail();
+
+        if ($version->status !== ConfigVersionStatus::Draft->value) {
+            return ApiResponse::error(
+                'version is not draft',
+                ErrorCode::ConfigVersionNotDraft->value,
+                null,
+                400,
+            );
+        }
+
+        $data = $request->validate([
+            'items' => ['required', 'array', 'min:1'],
+            'items.*.play_code' => ['required', 'string', 'max:32', Rule::exists('play_types', 'play_code')],
+            'items.*.prize_scope' => ['required', 'string', 'max:32'],
+            'items.*.odds_value' => ['required', 'integer', 'min:0'],
+            'items.*.rebate_rate' => ['sometimes', 'numeric'],
+            'items.*.commission_rate' => ['sometimes', 'numeric'],
+            'items.*.currency_code' => ['required', 'string', 'max:16', Rule::exists('currencies', 'code')],
+            'items.*.extra_config_json' => ['sometimes', 'nullable', 'array'],
+        ]);
+
+        $service->replaceItems($version, $data['items'], $admin);
+
+        return ApiResponse::success(
+            AdminConfigPresenter::oddsVersionDetail($version->fresh()->load('items')),
+        );
+    }
+}
diff --git a/app/Http/Controllers/Api/V1/Admin/Config/OddsVersionIndexController.php b/app/Http/Controllers/Api/V1/Admin/Config/OddsVersionIndexController.php
new file mode 100644
index 0000000..f19187b
--- /dev/null
+++ b/app/Http/Controllers/Api/V1/Admin/Config/OddsVersionIndexController.php
@@ -0,0 +1,33 @@
+<?php
+
+namespace App\Http\Controllers\Api\V1\Admin\Config;
+
+use App\Http\Controllers\Controller;
+use App\Models\OddsVersion;
+use App\Services\Config\OddsStreamService;
+use App\Support\AdminConfigPresenter;
+use App\Support\ApiResponse;
+use Illuminate\Http\JsonResponse;
+use Illuminate\Http\Request;
+
+/** GET /api/v1/admin/config/odds-versions */
+final class OddsVersionIndexController extends Controller
+{
+    public function __invoke(Request $request, OddsStreamService $service): JsonResponse
+    {
+        $perPage = min(max((int) $request->integer('per_page', 25), 1), 100);
+        $status = trim((string) $request->query('status', ''));
+
+        $paginator = $service->paginate($status === '' ? null : $status, $perPage);
+
+        return ApiResponse::success([
+            'items' => collect($paginator->items())->map(fn (OddsVersion $v) => AdminConfigPresenter::oddsVersionSummary($v))->all(),
+            'meta' => [
+                'current_page' => $paginator->currentPage(),
+                'per_page' => $paginator->perPage(),
+                'total' => $paginator->total(),
+                'last_page' => $paginator->lastPage(),
+            ],
+        ]);
+    }
+}
diff --git a/app/Http/Controllers/Api/V1/Admin/Config/OddsVersionPublishController.php b/app/Http/Controllers/Api/V1/Admin/Config/OddsVersionPublishController.php
new file mode 100644
index 0000000..c4bcce3
--- /dev/null
+++ b/app/Http/Controllers/Api/V1/Admin/Config/OddsVersionPublishController.php
@@ -0,0 +1,42 @@
+<?php
+
+namespace App\Http\Controllers\Api\V1\Admin\Config;
+
+use App\Http\Controllers\Controller;
+use App\Lottery\ConfigVersionStatus;
+use App\Lottery\ErrorCode;
+use App\Models\AdminUser;
+use App\Models\OddsVersion;
+use App\Services\Config\OddsStreamService;
+use App\Support\AdminConfigPresenter;
+use App\Support\ApiResponse;
+use Illuminate\Http\JsonResponse;
+use Illuminate\Http\Request;
+
+/** POST /api/v1/admin/config/odds-versions/{id}/publish */
+final class OddsVersionPublishController extends Controller
+{
+    public function __invoke(Request $request, int $id, OddsStreamService $service): JsonResponse
+    {
+        /** @var AdminUser $admin */
+        $admin = $request->lotteryAdmin();
+
+        /** @var OddsVersion $version */
+        $version = OddsVersion::query()->whereKey($id)->firstOrFail();
+
+        if ($version->status !== ConfigVersionStatus::Draft->value) {
+            return ApiResponse::error(
+                'version is not draft',
+                ErrorCode::ConfigVersionNotDraft->value,
+                null,
+                400,
+            );
+        }
+
+        $service->publish($version, $admin, $request);
+
+        return ApiResponse::success(
+            AdminConfigPresenter::oddsVersionDetail($version->fresh()->load('items')),
+        );
+    }
+}
diff --git a/app/Http/Controllers/Api/V1/Admin/Config/OddsVersionShowController.php b/app/Http/Controllers/Api/V1/Admin/Config/OddsVersionShowController.php
new file mode 100644
index 0000000..a234992
--- /dev/null
+++ b/app/Http/Controllers/Api/V1/Admin/Config/OddsVersionShowController.php
@@ -0,0 +1,21 @@
+<?php
+
+namespace App\Http\Controllers\Api\V1\Admin\Config;
+
+use App\Http\Controllers\Controller;
+use App\Models\OddsVersion;
+use App\Support\AdminConfigPresenter;
+use App\Support\ApiResponse;
+use Illuminate\Http\JsonResponse;
+
+/** GET /api/v1/admin/config/odds-versions/{id} */
+final class OddsVersionShowController extends Controller
+{
+    public function __invoke(int $id): JsonResponse
+    {
+        /** @var OddsVersion $v */
+        $v = OddsVersion::query()->with('items')->whereKey($id)->firstOrFail();
+
+        return ApiResponse::success(AdminConfigPresenter::oddsVersionDetail($v));
+    }
+}
diff --git a/app/Http/Controllers/Api/V1/Admin/Config/OddsVersionStoreController.php b/app/Http/Controllers/Api/V1/Admin/Config/OddsVersionStoreController.php
new file mode 100644
index 0000000..3c8fbae
--- /dev/null
+++ b/app/Http/Controllers/Api/V1/Admin/Config/OddsVersionStoreController.php
@@ -0,0 +1,36 @@
+<?php
+
+namespace App\Http\Controllers\Api\V1\Admin\Config;
+
+use App\Http\Controllers\Controller;
+use App\Models\AdminUser;
+use App\Services\Config\OddsStreamService;
+use App\Support\AdminConfigPresenter;
+use App\Support\ApiResponse;
+use Illuminate\Http\JsonResponse;
+use Illuminate\Http\Request;
+
+/** POST /api/v1/admin/config/odds-versions */
+final class OddsVersionStoreController extends Controller
+{
+    public function __invoke(Request $request, OddsStreamService $service): JsonResponse
+    {
+        /** @var AdminUser $admin */
+        $admin = $request->lotteryAdmin();
+
+        $data = $request->validate([
+            'reason' => ['nullable', 'string', 'max:255'],
+            'clone_from_version_id' => ['nullable', 'integer', 'exists:odds_versions,id'],
+        ]);
+
+        $draft = $service->createDraft(
+            $admin,
+            $data['reason'] ?? null,
+            $data['clone_from_version_id'] ?? null,
+        );
+
+        return ApiResponse::success(
+            AdminConfigPresenter::oddsVersionDetail($draft->load('items')),
+        );
+    }
+}
diff --git a/app/Http/Controllers/Api/V1/Admin/Config/PlayConfigItemsReplaceController.php b/app/Http/Controllers/Api/V1/Admin/Config/PlayConfigItemsReplaceController.php
new file mode 100644
index 0000000..f1c1fbf
--- /dev/null
+++ b/app/Http/Controllers/Api/V1/Admin/Config/PlayConfigItemsReplaceController.php
@@ -0,0 +1,56 @@
+<?php
+
+namespace App\Http\Controllers\Api\V1\Admin\Config;
+
+use App\Http\Controllers\Controller;
+use App\Lottery\ConfigVersionStatus;
+use App\Lottery\ErrorCode;
+use App\Models\AdminUser;
+use App\Models\PlayConfigVersion;
+use App\Services\Config\PlayConfigStreamService;
+use App\Support\AdminConfigPresenter;
+use App\Support\ApiResponse;
+use Illuminate\Http\JsonResponse;
+use Illuminate\Http\Request;
+use Illuminate\Validation\Rule;
+
+/** PUT /api/v1/admin/config/play-versions/{id}/items */
+final class PlayConfigItemsReplaceController extends Controller
+{
+    public function __invoke(Request $request, int $id, PlayConfigStreamService $service): JsonResponse
+    {
+        /** @var AdminUser $admin */
+        $admin = $request->lotteryAdmin();
+
+        /** @var PlayConfigVersion $version */
+        $version = PlayConfigVersion::query()->whereKey($id)->firstOrFail();
+
+        if ($version->status !== ConfigVersionStatus::Draft->value) {
+            return ApiResponse::error(
+                'version is not draft',
+                ErrorCode::ConfigVersionNotDraft->value,
+                null,
+                400,
+            );
+        }
+
+        $data = $request->validate([
+            'items' => ['required', 'array', 'min:1'],
+            'items.*.play_code' => ['required', 'string', 'max:32', Rule::exists('play_types', 'play_code')],
+            'items.*.is_enabled' => ['sometimes', 'boolean'],
+            'items.*.min_bet_amount' => ['required', 'integer', 'min:0'],
+            'items.*.max_bet_amount' => ['required', 'integer', 'min:0'],
+            'items.*.display_order' => ['sometimes', 'integer'],
+            'items.*.rule_text_zh' => ['sometimes', 'nullable', 'string'],
+            'items.*.rule_text_en' => ['sometimes', 'nullable', 'string'],
+            'items.*.rule_text_ne' => ['sometimes', 'nullable', 'string'],
+            'items.*.extra_config_json' => ['sometimes', 'nullable', 'array'],
+        ]);
+
+        $service->replaceItems($version, $data['items'], $admin);
+
+        return ApiResponse::success(
+            AdminConfigPresenter::playConfigVersionDetail($version->fresh()->load('items')),
+        );
+    }
+}
diff --git a/app/Http/Controllers/Api/V1/Admin/Config/PlayConfigVersionIndexController.php b/app/Http/Controllers/Api/V1/Admin/Config/PlayConfigVersionIndexController.php
new file mode 100644
index 0000000..586484d
--- /dev/null
+++ b/app/Http/Controllers/Api/V1/Admin/Config/PlayConfigVersionIndexController.php
@@ -0,0 +1,33 @@
+<?php
+
+namespace App\Http\Controllers\Api\V1\Admin\Config;
+
+use App\Http\Controllers\Controller;
+use App\Models\PlayConfigVersion;
+use App\Services\Config\PlayConfigStreamService;
+use App\Support\AdminConfigPresenter;
+use App\Support\ApiResponse;
+use Illuminate\Http\JsonResponse;
+use Illuminate\Http\Request;
+
+/** GET /api/v1/admin/config/play-versions */
+final class PlayConfigVersionIndexController extends Controller
+{
+    public function __invoke(Request $request, PlayConfigStreamService $service): JsonResponse
+    {
+        $perPage = min(max((int) $request->integer('per_page', 25), 1), 100);
+        $status = trim((string) $request->query('status', ''));
+
+        $paginator = $service->paginate($status === '' ? null : $status, $perPage);
+
+        return ApiResponse::success([
+            'items' => collect($paginator->items())->map(fn (PlayConfigVersion $v) => AdminConfigPresenter::playConfigVersionSummary($v))->all(),
+            'meta' => [
+                'current_page' => $paginator->currentPage(),
+                'per_page' => $paginator->perPage(),
+                'total' => $paginator->total(),
+                'last_page' => $paginator->lastPage(),
+            ],
+        ]);
+    }
+}
diff --git a/app/Http/Controllers/Api/V1/Admin/Config/PlayConfigVersionPublishController.php b/app/Http/Controllers/Api/V1/Admin/Config/PlayConfigVersionPublishController.php
new file mode 100644
index 0000000..bdd587a
--- /dev/null
+++ b/app/Http/Controllers/Api/V1/Admin/Config/PlayConfigVersionPublishController.php
@@ -0,0 +1,42 @@
+<?php
+
+namespace App\Http\Controllers\Api\V1\Admin\Config;
+
+use App\Http\Controllers\Controller;
+use App\Lottery\ConfigVersionStatus;
+use App\Lottery\ErrorCode;
+use App\Models\AdminUser;
+use App\Models\PlayConfigVersion;
+use App\Services\Config\PlayConfigStreamService;
+use App\Support\AdminConfigPresenter;
+use App\Support\ApiResponse;
+use Illuminate\Http\JsonResponse;
+use Illuminate\Http\Request;
+
+/** POST /api/v1/admin/config/play-versions/{id}/publish */
+final class PlayConfigVersionPublishController extends Controller
+{
+    public function __invoke(Request $request, int $id, PlayConfigStreamService $service): JsonResponse
+    {
+        /** @var AdminUser $admin */
+        $admin = $request->lotteryAdmin();
+
+        /** @var PlayConfigVersion $version */
+        $version = PlayConfigVersion::query()->whereKey($id)->firstOrFail();
+
+        if ($version->status !== ConfigVersionStatus::Draft->value) {
+            return ApiResponse::error(
+                'version is not draft',
+                ErrorCode::ConfigVersionNotDraft->value,
+                null,
+                400,
+            );
+        }
+
+        $service->publish($version, $admin, $request);
+
+        return ApiResponse::success(
+            AdminConfigPresenter::playConfigVersionDetail($version->fresh()->load('items')),
+        );
+    }
+}
diff --git a/app/Http/Controllers/Api/V1/Admin/Config/PlayConfigVersionShowController.php b/app/Http/Controllers/Api/V1/Admin/Config/PlayConfigVersionShowController.php
new file mode 100644
index 0000000..814c9a7
--- /dev/null
+++ b/app/Http/Controllers/Api/V1/Admin/Config/PlayConfigVersionShowController.php
@@ -0,0 +1,21 @@
+<?php
+
+namespace App\Http\Controllers\Api\V1\Admin\Config;
+
+use App\Http\Controllers\Controller;
+use App\Models\PlayConfigVersion;
+use App\Support\AdminConfigPresenter;
+use App\Support\ApiResponse;
+use Illuminate\Http\JsonResponse;
+
+/** GET /api/v1/admin/config/play-versions/{id} */
+final class PlayConfigVersionShowController extends Controller
+{
+    public function __invoke(int $id): JsonResponse
+    {
+        /** @var PlayConfigVersion $v */
+        $v = PlayConfigVersion::query()->with('items')->whereKey($id)->firstOrFail();
+
+        return ApiResponse::success(AdminConfigPresenter::playConfigVersionDetail($v));
+    }
+}
diff --git a/app/Http/Controllers/Api/V1/Admin/Config/PlayConfigVersionStoreController.php b/app/Http/Controllers/Api/V1/Admin/Config/PlayConfigVersionStoreController.php
new file mode 100644
index 0000000..778a349
--- /dev/null
+++ b/app/Http/Controllers/Api/V1/Admin/Config/PlayConfigVersionStoreController.php
@@ -0,0 +1,36 @@
+<?php
+
+namespace App\Http\Controllers\Api\V1\Admin\Config;
+
+use App\Http\Controllers\Controller;
+use App\Models\AdminUser;
+use App\Services\Config\PlayConfigStreamService;
+use App\Support\AdminConfigPresenter;
+use App\Support\ApiResponse;
+use Illuminate\Http\JsonResponse;
+use Illuminate\Http\Request;
+
+/** POST /api/v1/admin/config/play-versions — 新建草稿（默认克隆当前 active，若无则按 play_types 生成）。 */
+final class PlayConfigVersionStoreController extends Controller
+{
+    public function __invoke(Request $request, PlayConfigStreamService $service): JsonResponse
+    {
+        /** @var AdminUser $admin */
+        $admin = $request->lotteryAdmin();
+
+        $data = $request->validate([
+            'reason' => ['nullable', 'string', 'max:255'],
+            'clone_from_version_id' => ['nullable', 'integer', 'exists:play_config_versions,id'],
+        ]);
+
+        $draft = $service->createDraft(
+            $admin,
+            $data['reason'] ?? null,
+            $data['clone_from_version_id'] ?? null,
+        );
+
+        return ApiResponse::success(
+            AdminConfigPresenter::playConfigVersionDetail($draft->load('items')),
+        );
+    }
+}
diff --git a/app/Http/Controllers/Api/V1/Admin/Config/RiskCapItemsReplaceController.php b/app/Http/Controllers/Api/V1/Admin/Config/RiskCapItemsReplaceController.php
new file mode 100644
index 0000000..15b7b6a
--- /dev/null
+++ b/app/Http/Controllers/Api/V1/Admin/Config/RiskCapItemsReplaceController.php
@@ -0,0 +1,50 @@
+<?php
+
+namespace App\Http\Controllers\Api\V1\Admin\Config;
+
+use App\Http\Controllers\Controller;
+use App\Lottery\ConfigVersionStatus;
+use App\Lottery\ErrorCode;
+use App\Models\AdminUser;
+use App\Models\RiskCapVersion;
+use App\Services\Config\RiskCapStreamService;
+use App\Support\AdminConfigPresenter;
+use App\Support\ApiResponse;
+use Illuminate\Http\JsonResponse;
+use Illuminate\Http\Request;
+
+/** PUT /api/v1/admin/config/risk-cap-versions/{id}/items */
+final class RiskCapItemsReplaceController extends Controller
+{
+    public function __invoke(Request $request, int $id, RiskCapStreamService $service): JsonResponse
+    {
+        /** @var AdminUser $admin */
+        $admin = $request->lotteryAdmin();
+
+        /** @var RiskCapVersion $version */
+        $version = RiskCapVersion::query()->whereKey($id)->firstOrFail();
+
+        if ($version->status !== ConfigVersionStatus::Draft->value) {
+            return ApiResponse::error(
+                'version is not draft',
+                ErrorCode::ConfigVersionNotDraft->value,
+                null,
+                400,
+            );
+        }
+
+        $data = $request->validate([
+            'items' => ['required', 'array', 'min:1'],
+            'items.*.draw_id' => ['sometimes', 'nullable', 'integer', 'exists:draws,id'],
+            'items.*.normalized_number' => ['required', 'string', 'size:4', 'regex:/^[0-9]{4}$/'],
+            'items.*.cap_amount' => ['required', 'integer', 'min:0'],
+            'items.*.cap_type' => ['required', 'string', 'max:16'],
+        ]);
+
+        $service->replaceItems($version, $data['items'], $admin);
+
+        return ApiResponse::success(
+            AdminConfigPresenter::riskCapVersionDetail($version->fresh()->load('items')),
+        );
+    }
+}
diff --git a/app/Http/Controllers/Api/V1/Admin/Config/RiskCapVersionIndexController.php b/app/Http/Controllers/Api/V1/Admin/Config/RiskCapVersionIndexController.php
new file mode 100644
index 0000000..3eb9a90
--- /dev/null
+++ b/app/Http/Controllers/Api/V1/Admin/Config/RiskCapVersionIndexController.php
@@ -0,0 +1,33 @@
+<?php
+
+namespace App\Http\Controllers\Api\V1\Admin\Config;
+
+use App\Http\Controllers\Controller;
+use App\Models\RiskCapVersion;
+use App\Services\Config\RiskCapStreamService;
+use App\Support\AdminConfigPresenter;
+use App\Support\ApiResponse;
+use Illuminate\Http\JsonResponse;
+use Illuminate\Http\Request;
+
+/** GET /api/v1/admin/config/risk-cap-versions */
+final class RiskCapVersionIndexController extends Controller
+{
+    public function __invoke(Request $request, RiskCapStreamService $service): JsonResponse
+    {
+        $perPage = min(max((int) $request->integer('per_page', 25), 1), 100);
+        $status = trim((string) $request->query('status', ''));
+
+        $paginator = $service->paginate($status === '' ? null : $status, $perPage);
+
+        return ApiResponse::success([
+            'items' => collect($paginator->items())->map(fn (RiskCapVersion $v) => AdminConfigPresenter::riskCapVersionSummary($v))->all(),
+            'meta' => [
+                'current_page' => $paginator->currentPage(),
+                'per_page' => $paginator->perPage(),
+                'total' => $paginator->total(),
+                'last_page' => $paginator->lastPage(),
+            ],
+        ]);
+    }
+}
diff --git a/app/Http/Controllers/Api/V1/Admin/Config/RiskCapVersionPublishController.php b/app/Http/Controllers/Api/V1/Admin/Config/RiskCapVersionPublishController.php
new file mode 100644
index 0000000..42d2556
--- /dev/null
+++ b/app/Http/Controllers/Api/V1/Admin/Config/RiskCapVersionPublishController.php
@@ -0,0 +1,42 @@
+<?php
+
+namespace App\Http\Controllers\Api\V1\Admin\Config;
+
+use App\Http\Controllers\Controller;
+use App\Lottery\ConfigVersionStatus;
+use App\Lottery\ErrorCode;
+use App\Models\AdminUser;
+use App\Models\RiskCapVersion;
+use App\Services\Config\RiskCapStreamService;
+use App\Support\AdminConfigPresenter;
+use App\Support\ApiResponse;
+use Illuminate\Http\JsonResponse;
+use Illuminate\Http\Request;
+
+/** POST /api/v1/admin/config/risk-cap-versions/{id}/publish */
+final class RiskCapVersionPublishController extends Controller
+{
+    public function __invoke(Request $request, int $id, RiskCapStreamService $service): JsonResponse
+    {
+        /** @var AdminUser $admin */
+        $admin = $request->lotteryAdmin();
+
+        /** @var RiskCapVersion $version */
+        $version = RiskCapVersion::query()->whereKey($id)->firstOrFail();
+
+        if ($version->status !== ConfigVersionStatus::Draft->value) {
+            return ApiResponse::error(
+                'version is not draft',
+                ErrorCode::ConfigVersionNotDraft->value,
+                null,
+                400,
+            );
+        }
+
+        $service->publish($version, $admin, $request);
+
+        return ApiResponse::success(
+            AdminConfigPresenter::riskCapVersionDetail($version->fresh()->load('items')),
+        );
+    }
+}
diff --git a/app/Http/Controllers/Api/V1/Admin/Config/RiskCapVersionShowController.php b/app/Http/Controllers/Api/V1/Admin/Config/RiskCapVersionShowController.php
new file mode 100644
index 0000000..a42c62d
--- /dev/null
+++ b/app/Http/Controllers/Api/V1/Admin/Config/RiskCapVersionShowController.php
@@ -0,0 +1,21 @@
+<?php
+
+namespace App\Http\Controllers\Api\V1\Admin\Config;
+
+use App\Http\Controllers\Controller;
+use App\Models\RiskCapVersion;
+use App\Support\AdminConfigPresenter;
+use App\Support\ApiResponse;
+use Illuminate\Http\JsonResponse;
+
+/** GET /api/v1/admin/config/risk-cap-versions/{id} */
+final class RiskCapVersionShowController extends Controller
+{
+    public function __invoke(int $id): JsonResponse
+    {
+        /** @var RiskCapVersion $v */
+        $v = RiskCapVersion::query()->with('items')->whereKey($id)->firstOrFail();
+
+        return ApiResponse::success(AdminConfigPresenter::riskCapVersionDetail($v));
+    }
+}
diff --git a/app/Http/Controllers/Api/V1/Admin/Config/RiskCapVersionStoreController.php b/app/Http/Controllers/Api/V1/Admin/Config/RiskCapVersionStoreController.php
new file mode 100644
index 0000000..a678c86
--- /dev/null
+++ b/app/Http/Controllers/Api/V1/Admin/Config/RiskCapVersionStoreController.php
@@ -0,0 +1,36 @@
+<?php
+
+namespace App\Http\Controllers\Api\V1\Admin\Config;
+
+use App\Http\Controllers\Controller;
+use App\Models\AdminUser;
+use App\Services\Config\RiskCapStreamService;
+use App\Support\AdminConfigPresenter;
+use App\Support\ApiResponse;
+use Illuminate\Http\JsonResponse;
+use Illuminate\Http\Request;
+
+/** POST /api/v1/admin/config/risk-cap-versions */
+final class RiskCapVersionStoreController extends Controller
+{
+    public function __invoke(Request $request, RiskCapStreamService $service): JsonResponse
+    {
+        /** @var AdminUser $admin */
+        $admin = $request->lotteryAdmin();
+
+        $data = $request->validate([
+            'reason' => ['nullable', 'string', 'max:255'],
+            'clone_from_version_id' => ['nullable', 'integer', 'exists:risk_cap_versions,id'],
+        ]);
+
+        $draft = $service->createDraft(
+            $admin,
+            $data['reason'] ?? null,
+            $data['clone_from_version_id'] ?? null,
+        );
+
+        return ApiResponse::success(
+            AdminConfigPresenter::riskCapVersionDetail($draft->load('items')),
+        );
+    }
+}
diff --git a/app/Http/Controllers/Api/V1/Admin/PlayTypeIndexController.php b/app/Http/Controllers/Api/V1/Admin/PlayTypeIndexController.php
new file mode 100644
index 0000000..ddc3344
--- /dev/null
+++ b/app/Http/Controllers/Api/V1/Admin/PlayTypeIndexController.php
@@ -0,0 +1,22 @@
+<?php
+
+namespace App\Http\Controllers\Api\V1\Admin;
+
+use App\Http\Controllers\Controller;
+use App\Models\PlayType;
+use App\Support\AdminConfigPresenter;
+use App\Support\ApiResponse;
+use Illuminate\Http\JsonResponse;
+
+/** GET /api/v1/admin/play-types */
+final class PlayTypeIndexController extends Controller
+{
+    public function __invoke(): JsonResponse
+    {
+        $rows = PlayType::query()->orderBy('sort_order')->orderBy('play_code')->get();
+
+        return ApiResponse::success([
+            'items' => $rows->map(fn (PlayType $t) => AdminConfigPresenter::playType($t))->values()->all(),
+        ]);
+    }
+}
diff --git a/app/Http/Controllers/Api/V1/Admin/PlayTypePatchController.php b/app/Http/Controllers/Api/V1/Admin/PlayTypePatchController.php
new file mode 100644
index 0000000..2d6f089
--- /dev/null
+++ b/app/Http/Controllers/Api/V1/Admin/PlayTypePatchController.php
@@ -0,0 +1,37 @@
+<?php
+
+namespace App\Http\Controllers\Api\V1\Admin;
+
+use App\Http\Controllers\Controller;
+use App\Models\PlayType;
+use App\Support\AdminConfigPresenter;
+use App\Support\ApiResponse;
+use Illuminate\Http\JsonResponse;
+use Illuminate\Http\Request;
+
+/** PATCH /api/v1/admin/play-types/{play_code} — 主目录层开关与展示名（不等同于版本化 items）。 */
+final class PlayTypePatchController extends Controller
+{
+    public function __invoke(Request $request, string $play_code): JsonResponse
+    {
+        /** @var PlayType $type */
+        $type = PlayType::query()->where('play_code', $play_code)->firstOrFail();
+
+        $data = $request->validate([
+            'is_enabled' => ['sometimes', 'boolean'],
+            'sort_order' => ['sometimes', 'integer'],
+            'display_name_zh' => ['sometimes', 'nullable', 'string', 'max:64'],
+            'display_name_en' => ['sometimes', 'nullable', 'string', 'max:64'],
+            'display_name_ne' => ['sometimes', 'nullable', 'string', 'max:64'],
+            'supports_multi_number' => ['sometimes', 'boolean'],
+            'reserved_rule_json' => ['sometimes', 'nullable', 'array'],
+        ]);
+
+        if ($data !== []) {
+            $type->fill($data);
+            $type->save();
+        }
+
+        return ApiResponse::success(AdminConfigPresenter::playType($type->fresh()));
+    }
+}
diff --git a/app/Http/Controllers/Api/V1/Play/PlayEffectiveCatalogController.php b/app/Http/Controllers/Api/V1/Play/PlayEffectiveCatalogController.php
new file mode 100644
index 0000000..9398337
--- /dev/null
+++ b/app/Http/Controllers/Api/V1/Play/PlayEffectiveCatalogController.php
@@ -0,0 +1,45 @@
+<?php
+
+namespace App\Http\Controllers\Api\V1\Play;
+
+use App\Http\Controllers\Controller;
+use App\Lottery\ErrorCode;
+use App\Services\Config\EffectivePlayCatalogService;
+use App\Support\ApiResponse;
+use Illuminate\Database\Eloquent\ModelNotFoundException;
+use Illuminate\Http\JsonResponse;
+use Illuminate\Http\Request;
+
+/**
+ * GET /api/v1/play/effective — 当前生效的玩法目录 + 赔率 + 封顶（公开，无需登录）。
+ */
+final class PlayEffectiveCatalogController extends Controller
+{
+    public function __invoke(Request $request, EffectivePlayCatalogService $catalog): JsonResponse
+    {
+        $currency = $request->query('currency');
+        $c = is_string($currency) && $currency !== '' ? $currency : null;
+
+        try {
+            return ApiResponse::success($catalog->build($c));
+        } catch (ModelNotFoundException) {
+            return ApiResponse::error(
+                'effective config not initialized',
+                ErrorCode::NotFound->value,
+                null,
+                404,
+            );
+        } catch (\InvalidArgumentException $e) {
+            if ($e->getMessage() === 'currency') {
+                return ApiResponse::error(
+                    'invalid or disabled currency',
+                    ErrorCode::ConfigCurrencyInvalid->value,
+                    null,
+                    400,
+                );
+            }
+
+            throw $e;
+        }
+    }
+}
diff --git a/app/Lottery/ConfigVersionStatus.php b/app/Lottery/ConfigVersionStatus.php
new file mode 100644
index 0000000..818f2d0
--- /dev/null
+++ b/app/Lottery/ConfigVersionStatus.php
@@ -0,0 +1,18 @@
+<?php
+
+namespace App\Lottery;
+
+/**
+ * 玩法配置 / 赔率 / 风控封顶 共用版本状态（play_config_versions 等表 {@see status}）。
+ */
+enum ConfigVersionStatus: string
+{
+    /** 草稿：可整表替换 items */
+    case Draft = 'draft';
+
+    /** 当前对玩家与下注逻辑生效的版本（每类最多一条） */
+    case Active = 'active';
+
+    /** 已被新版本替代，仅作历史查询 */
+    case Archived = 'archived';
+}
diff --git a/app/Lottery/ErrorCode.php b/app/Lottery/ErrorCode.php
index 0bb5750..df36120 100644
--- a/app/Lottery/ErrorCode.php
+++ b/app/Lottery/ErrorCode.php
@@ -60,6 +60,15 @@ enum ErrorCode: int
     /** PRD：下注语境余额不足（可与 1001 同语义） */
     case BetInsufficientBalance = 2003;
 
+    /** 配置版本不是草稿，无法整表替换 items 或发布 */
+    case ConfigVersionNotDraft = 2101;
+
+    /** items 中存在未知 play_code（未在 play_types 登记） */
+    case ConfigUnknownPlayCode = 2102;
+
+    /** 赔率 / 目录币种未启用或不可下注 */
+    case ConfigCurrencyInvalid = 2103;
+
     /* ========== 8000–8999 玩家 SSO / Bearer 鉴权 ========== */
 
     /** 无 Bearer / 格式错误 / token 为空 */
diff --git a/app/Models/OddsItem.php b/app/Models/OddsItem.php
new file mode 100644
index 0000000..dab996e
--- /dev/null
+++ b/app/Models/OddsItem.php
@@ -0,0 +1,42 @@
+<?php
+
+namespace App\Models;
+
+use Illuminate\Database\Eloquent\Model;
+use Illuminate\Database\Eloquent\Relations\BelongsTo;
+
+/**
+ * {@see odds_items}
+ *
+ * `odds_value`：整数，**赔率乘数 × 10000**（例如 19500 表示 1.9500 倍）。
+ */
+class OddsItem extends Model
+{
+    protected $fillable = [
+        'version_id',
+        'play_code',
+        'prize_scope',
+        'odds_value',
+        'rebate_rate',
+        'commission_rate',
+        'currency_code',
+        'extra_config_json',
+    ];
+
+    protected function casts(): array
+    {
+        return [
+            'version_id' => 'integer',
+            'odds_value' => 'integer',
+            'rebate_rate' => 'decimal:4',
+            'commission_rate' => 'decimal:4',
+            'extra_config_json' => 'json',
+        ];
+    }
+
+    /** @return BelongsTo<OddsVersion, OddsItem> */
+    public function version(): BelongsTo
+    {
+        return $this->belongsTo(OddsVersion::class, 'version_id');
+    }
+}
diff --git a/app/Models/OddsVersion.php b/app/Models/OddsVersion.php
new file mode 100644
index 0000000..ef2b33a
--- /dev/null
+++ b/app/Models/OddsVersion.php
@@ -0,0 +1,55 @@
+<?php
+
+namespace App\Models;
+
+use App\Lottery\ConfigVersionStatus;
+use Illuminate\Database\Eloquent\Model;
+use Illuminate\Database\Eloquent\Relations\BelongsTo;
+use Illuminate\Database\Eloquent\Relations\HasMany;
+
+/** {@see odds_versions} */
+class OddsVersion extends Model
+{
+    protected $fillable = [
+        'version_no',
+        'status',
+        'effective_at',
+        'updated_by',
+        'reason',
+    ];
+
+    protected function casts(): array
+    {
+        return [
+            'version_no' => 'integer',
+            'effective_at' => 'datetime',
+            'updated_by' => 'integer',
+        ];
+    }
+
+    protected static function booted(): void
+    {
+        static::saving(function (OddsVersion $m): void {
+            if ($m->status === null || $m->status === '') {
+                $m->status = ConfigVersionStatus::Draft->value;
+            }
+        });
+    }
+
+    /** @return BelongsTo<AdminUser, OddsVersion> */
+    public function updatedByAdmin(): BelongsTo
+    {
+        return $this->belongsTo(AdminUser::class, 'updated_by');
+    }
+
+    /** @return HasMany<OddsItem, OddsVersion> */
+    public function items(): HasMany
+    {
+        return $this->hasMany(OddsItem::class, 'version_id');
+    }
+
+    public function isDraft(): bool
+    {
+        return $this->status === ConfigVersionStatus::Draft->value;
+    }
+}
diff --git a/app/Models/PlayConfigItem.php b/app/Models/PlayConfigItem.php
new file mode 100644
index 0000000..98cf91d
--- /dev/null
+++ b/app/Models/PlayConfigItem.php
@@ -0,0 +1,47 @@
+<?php
+
+namespace App\Models;
+
+use Illuminate\Database\Eloquent\Model;
+use Illuminate\Database\Eloquent\Relations\BelongsTo;
+
+/** {@see play_config_items} — 与 {@see PlayType::play_code} 对齐。 */
+class PlayConfigItem extends Model
+{
+    protected $fillable = [
+        'version_id',
+        'play_code',
+        'is_enabled',
+        'min_bet_amount',
+        'max_bet_amount',
+        'display_order',
+        'rule_text_zh',
+        'rule_text_en',
+        'rule_text_ne',
+        'extra_config_json',
+    ];
+
+    protected function casts(): array
+    {
+        return [
+            'version_id' => 'integer',
+            'is_enabled' => 'boolean',
+            'min_bet_amount' => 'integer',
+            'max_bet_amount' => 'integer',
+            'display_order' => 'integer',
+            'extra_config_json' => 'json',
+        ];
+    }
+
+    /** @return BelongsTo<PlayConfigVersion, PlayConfigItem> */
+    public function version(): BelongsTo
+    {
+        return $this->belongsTo(PlayConfigVersion::class, 'version_id');
+    }
+
+    /** @return BelongsTo<PlayType, PlayConfigItem> */
+    public function playType(): BelongsTo
+    {
+        return $this->belongsTo(PlayType::class, 'play_code', 'play_code');
+    }
+}
diff --git a/app/Models/PlayConfigVersion.php b/app/Models/PlayConfigVersion.php
new file mode 100644
index 0000000..03e4bf8
--- /dev/null
+++ b/app/Models/PlayConfigVersion.php
@@ -0,0 +1,55 @@
+<?php
+
+namespace App\Models;
+
+use App\Lottery\ConfigVersionStatus;
+use Illuminate\Database\Eloquent\Model;
+use Illuminate\Database\Eloquent\Relations\BelongsTo;
+use Illuminate\Database\Eloquent\Relations\HasMany;
+
+/** {@see play_config_versions} */
+class PlayConfigVersion extends Model
+{
+    protected $fillable = [
+        'version_no',
+        'status',
+        'effective_at',
+        'updated_by',
+        'reason',
+    ];
+
+    protected function casts(): array
+    {
+        return [
+            'version_no' => 'integer',
+            'effective_at' => 'datetime',
+            'updated_by' => 'integer',
+        ];
+    }
+
+    protected static function booted(): void
+    {
+        static::saving(function (PlayConfigVersion $m): void {
+            if ($m->status === null || $m->status === '') {
+                $m->status = ConfigVersionStatus::Draft->value;
+            }
+        });
+    }
+
+    /** @return BelongsTo<AdminUser, PlayConfigVersion> */
+    public function updatedByAdmin(): BelongsTo
+    {
+        return $this->belongsTo(AdminUser::class, 'updated_by');
+    }
+
+    /** @return HasMany<PlayConfigItem, PlayConfigVersion> */
+    public function items(): HasMany
+    {
+        return $this->hasMany(PlayConfigItem::class, 'version_id');
+    }
+
+    public function isDraft(): bool
+    {
+        return $this->status === ConfigVersionStatus::Draft->value;
+    }
+}
diff --git a/app/Models/PlayType.php b/app/Models/PlayType.php
new file mode 100644
index 0000000..de2d8e6
--- /dev/null
+++ b/app/Models/PlayType.php
@@ -0,0 +1,34 @@
+<?php
+
+namespace App\Models;
+
+use Illuminate\Database\Eloquent\Model;
+
+/** 玩法主数据目录 {@see play_types}（与版本化配置 items 通过 play_code 关联）。 */
+class PlayType extends Model
+{
+    protected $fillable = [
+        'play_code',
+        'category',
+        'dimension',
+        'bet_mode',
+        'display_name_zh',
+        'display_name_en',
+        'display_name_ne',
+        'is_enabled',
+        'sort_order',
+        'supports_multi_number',
+        'reserved_rule_json',
+    ];
+
+    protected function casts(): array
+    {
+        return [
+            'dimension' => 'integer',
+            'is_enabled' => 'boolean',
+            'sort_order' => 'integer',
+            'supports_multi_number' => 'boolean',
+            'reserved_rule_json' => 'json',
+        ];
+    }
+}
diff --git a/app/Models/RiskCapItem.php b/app/Models/RiskCapItem.php
new file mode 100644
index 0000000..146a048
--- /dev/null
+++ b/app/Models/RiskCapItem.php
@@ -0,0 +1,43 @@
+<?php
+
+namespace App\Models;
+
+use Illuminate\Database\Eloquent\Model;
+use Illuminate\Database\Eloquent\Relations\BelongsTo;
+
+/**
+ * {@see risk_cap_items}
+ *
+ * `cap_amount`：与钱包一致的最小货币单位（整数）。
+ */
+class RiskCapItem extends Model
+{
+    protected $fillable = [
+        'version_id',
+        'draw_id',
+        'normalized_number',
+        'cap_amount',
+        'cap_type',
+    ];
+
+    protected function casts(): array
+    {
+        return [
+            'version_id' => 'integer',
+            'draw_id' => 'integer',
+            'cap_amount' => 'integer',
+        ];
+    }
+
+    /** @return BelongsTo<RiskCapVersion, RiskCapItem> */
+    public function version(): BelongsTo
+    {
+        return $this->belongsTo(RiskCapVersion::class, 'version_id');
+    }
+
+    /** @return BelongsTo<Draw, RiskCapItem> */
+    public function draw(): BelongsTo
+    {
+        return $this->belongsTo(Draw::class, 'draw_id');
+    }
+}
diff --git a/app/Models/RiskCapVersion.php b/app/Models/RiskCapVersion.php
new file mode 100644
index 0000000..7ee339c
--- /dev/null
+++ b/app/Models/RiskCapVersion.php
@@ -0,0 +1,55 @@
+<?php
+
+namespace App\Models;
+
+use App\Lottery\ConfigVersionStatus;
+use Illuminate\Database\Eloquent\Model;
+use Illuminate\Database\Eloquent\Relations\BelongsTo;
+use Illuminate\Database\Eloquent\Relations\HasMany;
+
+/** {@see risk_cap_versions} */
+class RiskCapVersion extends Model
+{
+    protected $fillable = [
+        'version_no',
+        'status',
+        'effective_at',
+        'updated_by',
+        'reason',
+    ];
+
+    protected function casts(): array
+    {
+        return [
+            'version_no' => 'integer',
+            'effective_at' => 'datetime',
+            'updated_by' => 'integer',
+        ];
+    }
+
+    protected static function booted(): void
+    {
+        static::saving(function (RiskCapVersion $m): void {
+            if ($m->status === null || $m->status === '') {
+                $m->status = ConfigVersionStatus::Draft->value;
+            }
+        });
+    }
+
+    /** @return BelongsTo<AdminUser, RiskCapVersion> */
+    public function updatedByAdmin(): BelongsTo
+    {
+        return $this->belongsTo(AdminUser::class, 'updated_by');
+    }
+
+    /** @return HasMany<RiskCapItem, RiskCapVersion> */
+    public function items(): HasMany
+    {
+        return $this->hasMany(RiskCapItem::class, 'version_id');
+    }
+
+    public function isDraft(): bool
+    {
+        return $this->status === ConfigVersionStatus::Draft->value;
+    }
+}
diff --git a/app/Services/Config/EffectivePlayCatalogService.php b/app/Services/Config/EffectivePlayCatalogService.php
new file mode 100644
index 0000000..3500a8c
--- /dev/null
+++ b/app/Services/Config/EffectivePlayCatalogService.php
@@ -0,0 +1,183 @@
+<?php
+
+namespace App\Services\Config;
+
+use App\Lottery\ConfigVersionStatus;
+use App\Models\Currency;
+use App\Models\OddsItem;
+use App\Models\OddsVersion;
+use App\Models\PlayConfigItem;
+use App\Models\PlayConfigVersion;
+use App\Models\PlayType;
+use App\Models\RiskCapItem;
+use App\Models\RiskCapVersion;
+use Illuminate\Support\Collection;
+
+/**
+ * 玩家端：当前生效的玩法目录 + 三套版本快照（只读）。
+ */
+final class EffectivePlayCatalogService
+{
+    /**
+     * @return array<string, mixed>
+     */
+    public function build(?string $currencyCode = null): array
+    {
+        $currency = $this->resolveBettableCurrency($currencyCode);
+
+        $playVersion = PlayConfigVersion::query()
+            ->where('status', ConfigVersionStatus::Active->value)
+            ->firstOrFail();
+
+        $oddsVersion = OddsVersion::query()
+            ->where('status', ConfigVersionStatus::Active->value)
+            ->firstOrFail();
+
+        $riskVersion = RiskCapVersion::query()
+            ->where('status', ConfigVersionStatus::Active->value)
+            ->firstOrFail();
+
+        $playTypes = PlayType::query()->orderBy('sort_order')->orderBy('play_code')->get();
+
+        /** @var Collection<string, PlayConfigItem> $configByCode */
+        $configByCode = PlayConfigItem::query()
+            ->where('version_id', $playVersion->id)
+            ->get()
+            ->keyBy('play_code');
+
+        $oddsRows = OddsItem::query()
+            ->where('version_id', $oddsVersion->id)
+            ->where('currency_code', $currency->code)
+            ->get();
+
+        /** @var Collection<string, Collection<int, OddsItem>> */
+        $oddsByPlay = $oddsRows->groupBy('play_code');
+
+        $riskItems = RiskCapItem::query()
+            ->where('version_id', $riskVersion->id)
+            ->orderBy('normalized_number')
+            ->get();
+
+        $plays = $playTypes->map(function (PlayType $pt) use ($configByCode, $oddsByPlay): array {
+            $c = $configByCode->get($pt->play_code);
+            $items = $oddsByPlay->get($pt->play_code, collect());
+            $o = $this->pickPrimaryOddsItem($items);
+
+            return [
+                'play_code' => $pt->play_code,
+                'category' => $pt->category,
+                'dimension' => $pt->dimension,
+                'bet_mode' => $pt->bet_mode,
+                'display_name_zh' => $pt->display_name_zh,
+                'display_name_en' => $pt->display_name_en,
+                'display_name_ne' => $pt->display_name_ne,
+                'sort_order' => (int) $pt->sort_order,
+                'supports_multi_number' => (bool) $pt->supports_multi_number,
+                'master_enabled' => (bool) $pt->is_enabled,
+                'config' => $c === null ? null : $this->serializePlayConfigItem($c),
+                'odds' => $o === null ? null : $this->serializeOddsItem($o),
+            ];
+        })->values()->all();
+
+        return [
+            'currency_code' => $currency->code,
+            'effective_versions' => [
+                'play_config' => $this->serializeVersionHead($playVersion),
+                'odds' => $this->serializeVersionHead($oddsVersion),
+                'risk_cap' => $this->serializeVersionHead($riskVersion),
+            ],
+            'plays' => $plays,
+            'risk_cap_items' => $riskItems->map(fn (RiskCapItem $r) => $this->serializeRiskItem($r))->all(),
+        ];
+    }
+
+    /**
+     * 大厅列表展示单档赔率：优先头奖档 {@see first}，兼容历史 {@see default}。
+     *
+     * @param  Collection<int, OddsItem>  $items
+     */
+    private function pickPrimaryOddsItem(Collection $items): ?OddsItem
+    {
+        if ($items->isEmpty()) {
+            return null;
+        }
+
+        foreach (['first', 'default', 'second', 'third', 'starter', 'consolation'] as $scope) {
+            $hit = $items->firstWhere('prize_scope', $scope);
+            if ($hit !== null) {
+                return $hit;
+            }
+        }
+
+        return $items->first();
+    }
+
+    private function resolveBettableCurrency(?string $currencyCode): Currency
+    {
+        if ($currencyCode !== null && $currencyCode !== '') {
+            $row = Currency::query()->where('code', strtoupper($currencyCode))->first();
+            if ($row === null || ! $row->is_enabled || ! $row->is_bettable) {
+                throw new \InvalidArgumentException('currency');
+            }
+
+            return $row;
+        }
+
+        return Currency::query()
+            ->where('is_enabled', true)
+            ->where('is_bettable', true)
+            ->orderBy('code')
+            ->firstOrFail();
+    }
+
+    /** @return array<string, mixed> */
+    private function serializeVersionHead(PlayConfigVersion|OddsVersion|RiskCapVersion $v): array
+    {
+        return [
+            'id' => (int) $v->getKey(),
+            'version_no' => (int) $v->version_no,
+            'effective_at' => $v->effective_at?->toIso8601String(),
+        ];
+    }
+
+    /** @return array<string, mixed> */
+    private function serializePlayConfigItem(PlayConfigItem $r): array
+    {
+        return [
+            'is_enabled' => (bool) $r->is_enabled,
+            'min_bet_amount' => (int) $r->min_bet_amount,
+            'max_bet_amount' => (int) $r->max_bet_amount,
+            'display_order' => (int) $r->display_order,
+            'rule_text_zh' => $r->rule_text_zh,
+            'rule_text_en' => $r->rule_text_en,
+            'rule_text_ne' => $r->rule_text_ne,
+            'extra_config_json' => $r->extra_config_json,
+        ];
+    }
+
+    /** @return array<string, mixed> */
+    private function serializeOddsItem(OddsItem $r): array
+    {
+        return [
+            'prize_scope' => $r->prize_scope,
+            'odds_value' => (int) $r->odds_value,
+            'rebate_rate' => (string) $r->rebate_rate,
+            'commission_rate' => (string) $r->commission_rate,
+            'currency_code' => $r->currency_code,
+            'extra_config_json' => $r->extra_config_json,
+            /** 赔率乘数小数位 = odds_value / 10000 */
+            'odds_multiplier' => round($r->odds_value / 10000, 4),
+        ];
+    }
+
+    /** @return array<string, mixed> */
+    private function serializeRiskItem(RiskCapItem $r): array
+    {
+        return [
+            'draw_id' => $r->draw_id,
+            'normalized_number' => $r->normalized_number,
+            'cap_amount' => (int) $r->cap_amount,
+            'cap_type' => $r->cap_type,
+        ];
+    }
+}
diff --git a/app/Services/Config/OddsStreamService.php b/app/Services/Config/OddsStreamService.php
new file mode 100644
index 0000000..c146c77
--- /dev/null
+++ b/app/Services/Config/OddsStreamService.php
@@ -0,0 +1,163 @@
+<?php
+
+namespace App\Services\Config;
+
+use App\Lottery\ConfigVersionStatus;
+use App\Models\AdminUser;
+use App\Models\Currency;
+use App\Models\OddsItem;
+use App\Models\OddsVersion;
+use App\Models\PlayType;
+use App\Services\AuditLogger;
+use App\Support\OddsStandardScopes;
+use Illuminate\Contracts\Pagination\LengthAwarePaginator;
+use Illuminate\Http\Request;
+use Illuminate\Support\Facades\DB;
+
+/** 后台：赔率版本（{@see odds_versions} / {@see odds_items}） */
+final class OddsStreamService
+{
+    /** @return LengthAwarePaginator<int, OddsVersion> */
+    public function paginate(?string $status, int $perPage): LengthAwarePaginator
+    {
+        $q = OddsVersion::query()->orderByDesc('id');
+        if ($status !== null && $status !== '') {
+            $q->where('status', $status);
+        }
+
+        return $q->paginate($perPage);
+    }
+
+    public function createDraft(AdminUser $admin, ?string $reason, ?int $cloneFromVersionId): OddsVersion
+    {
+        $nextNo = (int) (OddsVersion::query()->max('version_no') ?? 0) + 1;
+
+        return DB::transaction(function () use ($admin, $reason, $cloneFromVersionId, $nextNo): OddsVersion {
+            $draft = OddsVersion::query()->create([
+                'version_no' => $nextNo,
+                'status' => ConfigVersionStatus::Draft->value,
+                'effective_at' => null,
+                'updated_by' => $admin->id,
+                'reason' => $reason,
+            ]);
+
+            $source = null;
+            if ($cloneFromVersionId !== null) {
+                $source = OddsVersion::query()->whereKey($cloneFromVersionId)->firstOrFail();
+            } else {
+                $source = OddsVersion::query()
+                    ->where('status', ConfigVersionStatus::Active->value)
+                    ->first();
+            }
+
+            if ($source !== null) {
+                foreach ($source->items()->orderBy('currency_code')->orderBy('play_code')->get() as $row) {
+                    OddsItem::query()->create([
+                        'version_id' => $draft->id,
+                        'play_code' => $row->play_code,
+                        'prize_scope' => $row->prize_scope,
+                        'odds_value' => $row->odds_value,
+                        'rebate_rate' => $row->rebate_rate,
+                        'commission_rate' => $row->commission_rate,
+                        'currency_code' => $row->currency_code,
+                        'extra_config_json' => $row->extra_config_json,
+                    ]);
+                }
+            } else {
+                $currency = Currency::query()->where('is_bettable', true)->where('is_enabled', true)->orderBy('code')->firstOrFail();
+                foreach (PlayType::query()->orderBy('sort_order')->orderBy('play_code')->get() as $pt) {
+                    foreach (OddsStandardScopes::PRESET_ODDS_BY_SCOPE as $scope => $oddsValue) {
+                        OddsItem::query()->create([
+                            'version_id' => $draft->id,
+                            'play_code' => $pt->play_code,
+                            'prize_scope' => $scope,
+                            'odds_value' => $oddsValue,
+                            'rebate_rate' => 0,
+                            'commission_rate' => 0,
+                            'currency_code' => $currency->code,
+                            'extra_config_json' => null,
+                        ]);
+                    }
+                }
+            }
+
+            $draft->refresh();
+            OddsStandardScopes::syncMissingForVersion($draft);
+
+            return $draft->fresh(['items']);
+        });
+    }
+
+    /**
+     * @param  array<int, array<string, mixed>>  $items
+     */
+    public function replaceItems(OddsVersion $draft, array $items, AdminUser $admin): void
+    {
+        DB::transaction(function () use ($draft, $items, $admin): void {
+            OddsItem::query()->where('version_id', $draft->id)->delete();
+
+            foreach ($items as $row) {
+                OddsItem::query()->create([
+                    'version_id' => $draft->id,
+                    'play_code' => (string) $row['play_code'],
+                    'prize_scope' => (string) $row['prize_scope'],
+                    'odds_value' => (int) $row['odds_value'],
+                    'rebate_rate' => (float) ($row['rebate_rate'] ?? 0),
+                    'commission_rate' => (float) ($row['commission_rate'] ?? 0),
+                    'currency_code' => strtoupper((string) $row['currency_code']),
+                    'extra_config_json' => $row['extra_config_json'] ?? null,
+                ]);
+            }
+
+            $draft->forceFill(['updated_by' => $admin->id])->save();
+        });
+    }
+
+    public function publish(OddsVersion $draft, AdminUser $admin, ?Request $request = null): void
+    {
+        $before = $this->snapshotVersion($draft);
+
+        DB::transaction(function () use ($draft, $admin): void {
+            /** @var OddsVersion|null $current */
+            $current = OddsVersion::query()
+                ->where('status', ConfigVersionStatus::Active->value)
+                ->lockForUpdate()
+                ->first();
+
+            if ($current !== null) {
+                $current->forceFill(['status' => ConfigVersionStatus::Archived->value])->save();
+            }
+
+            $draft->forceFill([
+                'status' => ConfigVersionStatus::Active->value,
+                'effective_at' => now(),
+                'updated_by' => $admin->id,
+            ])->save();
+        });
+
+        $after = $this->snapshotVersion($draft->fresh(['items']));
+
+        AuditLogger::recordForAdmin(
+            $admin,
+            $request,
+            moduleCode: 'odds',
+            actionCode: 'publish',
+            targetType: 'odds_version',
+            targetId: (string) $draft->id,
+            beforeJson: $before,
+            afterJson: $after,
+        );
+    }
+
+    /** @return array<string, mixed> */
+    private function snapshotVersion(OddsVersion $v): array
+    {
+        return [
+            'id' => $v->id,
+            'version_no' => $v->version_no,
+            'status' => $v->status,
+            'effective_at' => $v->effective_at?->toIso8601String(),
+            'items_count' => $v->items()->count(),
+        ];
+    }
+}
diff --git a/app/Services/Config/PlayConfigStreamService.php b/app/Services/Config/PlayConfigStreamService.php
new file mode 100644
index 0000000..4679038
--- /dev/null
+++ b/app/Services/Config/PlayConfigStreamService.php
@@ -0,0 +1,161 @@
+<?php
+
+namespace App\Services\Config;
+
+use App\Lottery\ConfigVersionStatus;
+use App\Models\AdminUser;
+use App\Models\PlayConfigItem;
+use App\Models\PlayConfigVersion;
+use App\Models\PlayType;
+use App\Services\AuditLogger;
+use Illuminate\Contracts\Pagination\LengthAwarePaginator;
+use Illuminate\Http\Request;
+use Illuminate\Support\Facades\DB;
+
+/** 后台：玩法配置版本（{@see play_config_versions} / {@see play_config_items}） */
+final class PlayConfigStreamService
+{
+    /** @return LengthAwarePaginator<int, PlayConfigVersion> */
+    public function paginate(?string $status, int $perPage): LengthAwarePaginator
+    {
+        $q = PlayConfigVersion::query()->orderByDesc('id');
+        if ($status !== null && $status !== '') {
+            $q->where('status', $status);
+        }
+
+        return $q->paginate($perPage);
+    }
+
+    public function createDraft(AdminUser $admin, ?string $reason, ?int $cloneFromVersionId): PlayConfigVersion
+    {
+        $nextNo = (int) (PlayConfigVersion::query()->max('version_no') ?? 0) + 1;
+
+        return DB::transaction(function () use ($admin, $reason, $cloneFromVersionId, $nextNo): PlayConfigVersion {
+            $draft = PlayConfigVersion::query()->create([
+                'version_no' => $nextNo,
+                'status' => ConfigVersionStatus::Draft->value,
+                'effective_at' => null,
+                'updated_by' => $admin->id,
+                'reason' => $reason,
+            ]);
+
+            $source = null;
+            if ($cloneFromVersionId !== null) {
+                $source = PlayConfigVersion::query()->whereKey($cloneFromVersionId)->firstOrFail();
+            } else {
+                $source = PlayConfigVersion::query()
+                    ->where('status', ConfigVersionStatus::Active->value)
+                    ->first();
+            }
+
+            if ($source !== null) {
+                foreach ($source->items()->orderBy('play_code')->get() as $row) {
+                    PlayConfigItem::query()->create([
+                        'version_id' => $draft->id,
+                        'play_code' => $row->play_code,
+                        'is_enabled' => $row->is_enabled,
+                        'min_bet_amount' => $row->min_bet_amount,
+                        'max_bet_amount' => $row->max_bet_amount,
+                        'display_order' => $row->display_order,
+                        'rule_text_zh' => $row->rule_text_zh,
+                        'rule_text_en' => $row->rule_text_en,
+                        'rule_text_ne' => $row->rule_text_ne,
+                        'extra_config_json' => $row->extra_config_json,
+                    ]);
+                }
+            } else {
+                foreach (PlayType::query()->orderBy('sort_order')->orderBy('play_code')->get() as $pt) {
+                    PlayConfigItem::query()->create([
+                        'version_id' => $draft->id,
+                        'play_code' => $pt->play_code,
+                        'is_enabled' => (bool) $pt->is_enabled,
+                        'min_bet_amount' => 100,
+                        'max_bet_amount' => 500_000_000,
+                        'display_order' => (int) $pt->sort_order,
+                        'rule_text_zh' => null,
+                        'rule_text_en' => null,
+                        'rule_text_ne' => null,
+                        'extra_config_json' => null,
+                    ]);
+                }
+            }
+
+            return $draft->fresh(['items']);
+        });
+    }
+
+    /**
+     * @param  array<int, array<string, mixed>>  $items
+     */
+    public function replaceItems(PlayConfigVersion $draft, array $items, AdminUser $admin): void
+    {
+        DB::transaction(function () use ($draft, $items, $admin): void {
+            PlayConfigItem::query()->where('version_id', $draft->id)->delete();
+
+            foreach ($items as $row) {
+                PlayConfigItem::query()->create([
+                    'version_id' => $draft->id,
+                    'play_code' => (string) $row['play_code'],
+                    'is_enabled' => (bool) ($row['is_enabled'] ?? true),
+                    'min_bet_amount' => (int) ($row['min_bet_amount'] ?? 0),
+                    'max_bet_amount' => (int) ($row['max_bet_amount'] ?? 0),
+                    'display_order' => (int) ($row['display_order'] ?? 0),
+                    'rule_text_zh' => isset($row['rule_text_zh']) ? (string) $row['rule_text_zh'] : null,
+                    'rule_text_en' => isset($row['rule_text_en']) ? (string) $row['rule_text_en'] : null,
+                    'rule_text_ne' => isset($row['rule_text_ne']) ? (string) $row['rule_text_ne'] : null,
+                    'extra_config_json' => $row['extra_config_json'] ?? null,
+                ]);
+            }
+
+            $draft->forceFill(['updated_by' => $admin->id])->save();
+        });
+    }
+
+    public function publish(PlayConfigVersion $draft, AdminUser $admin, ?Request $request = null): void
+    {
+        $before = $this->snapshotVersion($draft);
+
+        DB::transaction(function () use ($draft, $admin): void {
+            /** @var PlayConfigVersion|null $current */
+            $current = PlayConfigVersion::query()
+                ->where('status', ConfigVersionStatus::Active->value)
+                ->lockForUpdate()
+                ->first();
+
+            if ($current !== null) {
+                $current->forceFill(['status' => ConfigVersionStatus::Archived->value])->save();
+            }
+
+            $draft->forceFill([
+                'status' => ConfigVersionStatus::Active->value,
+                'effective_at' => now(),
+                'updated_by' => $admin->id,
+            ])->save();
+        });
+
+        $after = $this->snapshotVersion($draft->fresh(['items']));
+
+        AuditLogger::recordForAdmin(
+            $admin,
+            $request,
+            moduleCode: 'play_config',
+            actionCode: 'publish',
+            targetType: 'play_config_version',
+            targetId: (string) $draft->id,
+            beforeJson: $before,
+            afterJson: $after,
+        );
+    }
+
+    /** @return array<string, mixed> */
+    private function snapshotVersion(PlayConfigVersion $v): array
+    {
+        return [
+            'id' => $v->id,
+            'version_no' => $v->version_no,
+            'status' => $v->status,
+            'effective_at' => $v->effective_at?->toIso8601String(),
+            'items_count' => $v->items()->count(),
+        ];
+    }
+}
diff --git a/app/Services/Config/RiskCapStreamService.php b/app/Services/Config/RiskCapStreamService.php
new file mode 100644
index 0000000..e90af5c
--- /dev/null
+++ b/app/Services/Config/RiskCapStreamService.php
@@ -0,0 +1,145 @@
+<?php
+
+namespace App\Services\Config;
+
+use App\Lottery\ConfigVersionStatus;
+use App\Models\AdminUser;
+use App\Models\RiskCapItem;
+use App\Models\RiskCapVersion;
+use App\Services\AuditLogger;
+use Illuminate\Contracts\Pagination\LengthAwarePaginator;
+use Illuminate\Http\Request;
+use Illuminate\Support\Facades\DB;
+
+/** 后台：风控封顶版本（{@see risk_cap_versions} / {@see risk_cap_items}） */
+final class RiskCapStreamService
+{
+    /** @return LengthAwarePaginator<int, RiskCapVersion> */
+    public function paginate(?string $status, int $perPage): LengthAwarePaginator
+    {
+        $q = RiskCapVersion::query()->orderByDesc('id');
+        if ($status !== null && $status !== '') {
+            $q->where('status', $status);
+        }
+
+        return $q->paginate($perPage);
+    }
+
+    public function createDraft(AdminUser $admin, ?string $reason, ?int $cloneFromVersionId): RiskCapVersion
+    {
+        $nextNo = (int) (RiskCapVersion::query()->max('version_no') ?? 0) + 1;
+
+        return DB::transaction(function () use ($admin, $reason, $cloneFromVersionId, $nextNo): RiskCapVersion {
+            $draft = RiskCapVersion::query()->create([
+                'version_no' => $nextNo,
+                'status' => ConfigVersionStatus::Draft->value,
+                'effective_at' => null,
+                'updated_by' => $admin->id,
+                'reason' => $reason,
+            ]);
+
+            $source = null;
+            if ($cloneFromVersionId !== null) {
+                $source = RiskCapVersion::query()->whereKey($cloneFromVersionId)->firstOrFail();
+            } else {
+                $source = RiskCapVersion::query()
+                    ->where('status', ConfigVersionStatus::Active->value)
+                    ->first();
+            }
+
+            if ($source !== null) {
+                foreach ($source->items()->orderBy('normalized_number')->get() as $row) {
+                    RiskCapItem::query()->create([
+                        'version_id' => $draft->id,
+                        'draw_id' => $row->draw_id,
+                        'normalized_number' => $row->normalized_number,
+                        'cap_amount' => $row->cap_amount,
+                        'cap_type' => $row->cap_type,
+                    ]);
+                }
+            } else {
+                foreach (['0000', '1234', '9999'] as $num) {
+                    RiskCapItem::query()->create([
+                        'version_id' => $draft->id,
+                        'draw_id' => null,
+                        'normalized_number' => $num,
+                        'cap_amount' => 50_000_000_000,
+                        'cap_type' => 'per_number',
+                    ]);
+                }
+            }
+
+            return $draft->fresh(['items']);
+        });
+    }
+
+    /**
+     * @param  array<int, array<string, mixed>>  $items
+     */
+    public function replaceItems(RiskCapVersion $draft, array $items, AdminUser $admin): void
+    {
+        DB::transaction(function () use ($draft, $items, $admin): void {
+            RiskCapItem::query()->where('version_id', $draft->id)->delete();
+
+            foreach ($items as $row) {
+                RiskCapItem::query()->create([
+                    'version_id' => $draft->id,
+                    'draw_id' => isset($row['draw_id']) ? (int) $row['draw_id'] : null,
+                    'normalized_number' => (string) $row['normalized_number'],
+                    'cap_amount' => (int) $row['cap_amount'],
+                    'cap_type' => (string) $row['cap_type'],
+                ]);
+            }
+
+            $draft->forceFill(['updated_by' => $admin->id])->save();
+        });
+    }
+
+    public function publish(RiskCapVersion $draft, AdminUser $admin, ?Request $request = null): void
+    {
+        $before = $this->snapshotVersion($draft);
+
+        DB::transaction(function () use ($draft, $admin): void {
+            /** @var RiskCapVersion|null $current */
+            $current = RiskCapVersion::query()
+                ->where('status', ConfigVersionStatus::Active->value)
+                ->lockForUpdate()
+                ->first();
+
+            if ($current !== null) {
+                $current->forceFill(['status' => ConfigVersionStatus::Archived->value])->save();
+            }
+
+            $draft->forceFill([
+                'status' => ConfigVersionStatus::Active->value,
+                'effective_at' => now(),
+                'updated_by' => $admin->id,
+            ])->save();
+        });
+
+        $after = $this->snapshotVersion($draft->fresh(['items']));
+
+        AuditLogger::recordForAdmin(
+            $admin,
+            $request,
+            moduleCode: 'risk_cap',
+            actionCode: 'publish',
+            targetType: 'risk_cap_version',
+            targetId: (string) $draft->id,
+            beforeJson: $before,
+            afterJson: $after,
+        );
+    }
+
+    /** @return array<string, mixed> */
+    private function snapshotVersion(RiskCapVersion $v): array
+    {
+        return [
+            'id' => $v->id,
+            'version_no' => $v->version_no,
+            'status' => $v->status,
+            'effective_at' => $v->effective_at?->toIso8601String(),
+            'items_count' => $v->items()->count(),
+        ];
+    }
+}
diff --git a/app/Support/AdminConfigPresenter.php b/app/Support/AdminConfigPresenter.php
new file mode 100644
index 0000000..203c1a3
--- /dev/null
+++ b/app/Support/AdminConfigPresenter.php
@@ -0,0 +1,151 @@
+<?php
+
+namespace App\Support;
+
+use App\Models\OddsItem;
+use App\Models\OddsVersion;
+use App\Models\PlayConfigItem;
+use App\Models\PlayConfigVersion;
+use App\Models\PlayType;
+use App\Models\RiskCapItem;
+use App\Models\RiskCapVersion;
+
+/** 后台 API：阶段 4 运营配置序列化（与其它 Admin*Controller 手写数组风格一致）。 */
+final class AdminConfigPresenter
+{
+    /** @return array<string, mixed> */
+    public static function playType(PlayType $t): array
+    {
+        return [
+            'id' => (int) $t->id,
+            'play_code' => $t->play_code,
+            'category' => $t->category,
+            'dimension' => $t->dimension,
+            'bet_mode' => $t->bet_mode,
+            'display_name_zh' => $t->display_name_zh,
+            'display_name_en' => $t->display_name_en,
+            'display_name_ne' => $t->display_name_ne,
+            'is_enabled' => (bool) $t->is_enabled,
+            'sort_order' => (int) $t->sort_order,
+            'supports_multi_number' => (bool) $t->supports_multi_number,
+            'reserved_rule_json' => $t->reserved_rule_json,
+            'updated_at' => $t->updated_at?->toIso8601String(),
+        ];
+    }
+
+    /** @return array<string, mixed> */
+    public static function playConfigVersionSummary(PlayConfigVersion $v): array
+    {
+        return [
+            'id' => (int) $v->id,
+            'version_no' => (int) $v->version_no,
+            'status' => $v->status,
+            'effective_at' => $v->effective_at?->toIso8601String(),
+            'updated_by' => $v->updated_by,
+            'reason' => $v->reason,
+            'created_at' => $v->created_at?->toIso8601String(),
+            'updated_at' => $v->updated_at?->toIso8601String(),
+        ];
+    }
+
+    /** @return array<string, mixed> */
+    public static function playConfigVersionDetail(PlayConfigVersion $v): array
+    {
+        $base = self::playConfigVersionSummary($v);
+        $base['items'] = $v->items->map(fn (PlayConfigItem $r) => self::playConfigItem($r))->values()->all();
+
+        return $base;
+    }
+
+    /** @return array<string, mixed> */
+    public static function playConfigItem(PlayConfigItem $r): array
+    {
+        return [
+            'id' => (int) $r->id,
+            'play_code' => $r->play_code,
+            'is_enabled' => (bool) $r->is_enabled,
+            'min_bet_amount' => (int) $r->min_bet_amount,
+            'max_bet_amount' => (int) $r->max_bet_amount,
+            'display_order' => (int) $r->display_order,
+            'rule_text_zh' => $r->rule_text_zh,
+            'rule_text_en' => $r->rule_text_en,
+            'rule_text_ne' => $r->rule_text_ne,
+            'extra_config_json' => $r->extra_config_json,
+        ];
+    }
+
+    /** @return array<string, mixed> */
+    public static function oddsVersionSummary(OddsVersion $v): array
+    {
+        return [
+            'id' => (int) $v->id,
+            'version_no' => (int) $v->version_no,
+            'status' => $v->status,
+            'effective_at' => $v->effective_at?->toIso8601String(),
+            'updated_by' => $v->updated_by,
+            'reason' => $v->reason,
+            'created_at' => $v->created_at?->toIso8601String(),
+            'updated_at' => $v->updated_at?->toIso8601String(),
+        ];
+    }
+
+    /** @return array<string, mixed> */
+    public static function oddsVersionDetail(OddsVersion $v): array
+    {
+        $base = self::oddsVersionSummary($v);
+        $base['items'] = $v->items->map(fn (OddsItem $r) => self::oddsItem($r))->values()->all();
+
+        return $base;
+    }
+
+    /** @return array<string, mixed> */
+    public static function oddsItem(OddsItem $r): array
+    {
+        return [
+            'id' => (int) $r->id,
+            'play_code' => $r->play_code,
+            'prize_scope' => $r->prize_scope,
+            'odds_value' => (int) $r->odds_value,
+            'rebate_rate' => (string) $r->rebate_rate,
+            'commission_rate' => (string) $r->commission_rate,
+            'currency_code' => $r->currency_code,
+            'extra_config_json' => $r->extra_config_json,
+        ];
+    }
+
+    /** @return array<string, mixed> */
+    public static function riskCapVersionSummary(RiskCapVersion $v): array
+    {
+        return [
+            'id' => (int) $v->id,
+            'version_no' => (int) $v->version_no,
+            'status' => $v->status,
+            'effective_at' => $v->effective_at?->toIso8601String(),
+            'updated_by' => $v->updated_by,
+            'reason' => $v->reason,
+            'created_at' => $v->created_at?->toIso8601String(),
+            'updated_at' => $v->updated_at?->toIso8601String(),
+        ];
+    }
+
+    /** @return array<string, mixed> */
+    public static function riskCapVersionDetail(RiskCapVersion $v): array
+    {
+        $base = self::riskCapVersionSummary($v);
+        $base['items'] = $v->items->map(fn (RiskCapItem $r) => self::riskCapItem($r))->values()->all();
+
+        return $base;
+    }
+
+    /** @return array<string, mixed> */
+    public static function riskCapItem(RiskCapItem $r): array
+    {
+        return [
+            'id' => (int) $r->id,
+            'draw_id' => $r->draw_id,
+            'normalized_number' => $r->normalized_number,
+            'cap_amount' => (int) $r->cap_amount,
+            'cap_type' => $r->cap_type,
+        ];
+    }
+}
diff --git a/app/Support/OddsStandardScopes.php b/app/Support/OddsStandardScopes.php
new file mode 100644
index 0000000..3d220b1
--- /dev/null
+++ b/app/Support/OddsStandardScopes.php
@@ -0,0 +1,103 @@
+<?php
+
+namespace App\Support;
+
+use App\Models\Currency;
+use App\Models\OddsItem;
+use App\Models\OddsVersion;
+use App\Models\PlayType;
+use Illuminate\Support\Facades\DB;
+
+/**
+ * 界面文档 §5.5：每个玩法需具备的五档 prize_scope；odds_value = 乘数×10000。
+ */
+final class OddsStandardScopes
+{
+    /** @var array<string, int> */
+    public const PRESET_ODDS_BY_SCOPE = [
+        'first' => 250_000,
+        'second' => 110_000,
+        'third' => 55_000,
+        'starter' => 22_000,
+        'consolation' => 6_500,
+    ];
+
+    /** @var list<string> */
+    public const SCOPE_KEYS = ['first', 'second', 'third', 'starter', 'consolation'];
+
+    /**
+     * 为指定赔率版本补全缺失的标准五档行（幂等）。
+     *
+     * 仅对「该版本里已出现过的 (play_code, currency_code)」补全，避免给从未配置过的玩法凭空加行。
+     * 若版本下无任何 odds_items，则用当前全部玩法 × 首个可下注币种补全。
+     */
+    public static function syncMissingForVersion(OddsVersion $version): void
+    {
+        DB::transaction(function () use ($version): void {
+            $vid = (int) $version->id;
+
+            $pairs = OddsItem::query()
+                ->where('version_id', $vid)
+                ->select(['play_code', 'currency_code'])
+                ->distinct()
+                ->get();
+
+            if ($pairs->isEmpty()) {
+                $currencyCode = Currency::query()
+                    ->where('is_bettable', true)
+                    ->where('is_enabled', true)
+                    ->orderBy('code')
+                    ->value('code');
+                if ($currencyCode === null || $currencyCode === '') {
+                    return;
+                }
+                $pairs = PlayType::query()
+                    ->orderBy('sort_order')
+                    ->orderBy('play_code')
+                    ->get(['play_code'])
+                    ->map(fn (PlayType $pt) => (object) [
+                        'play_code' => $pt->play_code,
+                        'currency_code' => $currencyCode,
+                    ]);
+            }
+
+            foreach ($pairs as $pair) {
+                $playCode = (string) $pair->play_code;
+                $currencyCode = strtoupper((string) $pair->currency_code);
+
+                $anchor = OddsItem::query()
+                    ->where('version_id', $vid)
+                    ->where('play_code', $playCode)
+                    ->where('currency_code', $currencyCode)
+                    ->orderByDesc('id')
+                    ->first();
+
+                $rebate = (float) ($anchor?->rebate_rate ?? 0);
+                $commission = (float) ($anchor?->commission_rate ?? 0);
+
+                foreach (self::PRESET_ODDS_BY_SCOPE as $scope => $oddsValue) {
+                    $exists = OddsItem::query()
+                        ->where('version_id', $vid)
+                        ->where('play_code', $playCode)
+                        ->where('currency_code', $currencyCode)
+                        ->where('prize_scope', $scope)
+                        ->exists();
+                    if ($exists) {
+                        continue;
+                    }
+
+                    OddsItem::query()->create([
+                        'version_id' => $vid,
+                        'play_code' => $playCode,
+                        'prize_scope' => $scope,
+                        'odds_value' => $oddsValue,
+                        'rebate_rate' => $rebate,
+                        'commission_rate' => $commission,
+                        'currency_code' => $currencyCode,
+                        'extra_config_json' => null,
+                    ]);
+                }
+            }
+        });
+    }
+}
diff --git a/config/lottery.php b/config/lottery.php
index 3996248..d43c19f 100644
--- a/config/lottery.php
+++ b/config/lottery.php
@@ -76,7 +76,7 @@ return [
         /** 预生成尚未开奖的期号数量（调度补齐）；生产可调大，本地/联测建议 6–12 */
         'buffer_draws_ahead' => max(1, (int) env('LOTTERY_DRAW_BUFFER_AHEAD', 8)),
         /** true：RNG 后进入 review，需后台接口发布 */
-        'require_manual_review' => filter_var(env('LOTTERY_DRAW_REQUIRE_MANUAL_REVIEW', false), FILTER_VALIDATE_BOOLEAN),
+        'require_manual_review' => filter_var(env('LOTTERY_DRAW_REQUIRE_MANUAL_REVIEW', true), FILTER_VALIDATE_BOOLEAN),
         /** 结果发布后的冷静期（分钟），{@see draws.cooling_end_time} */
         'cooldown_minutes' => max(0, (int) env('LOTTERY_DRAW_COOLDOWN_MINUTES', 15)),
     ],
diff --git a/database/seeders/DatabaseSeeder.php b/database/seeders/DatabaseSeeder.php
index a17d19e..89c6238 100644
--- a/database/seeders/DatabaseSeeder.php
+++ b/database/seeders/DatabaseSeeder.php
@@ -15,6 +15,8 @@ class DatabaseSeeder extends Seeder
         $this->call([
             CurrencySeeder::class,
             PlayTypeSeeder::class,
+            OperationalConfigV1Seeder::class,
+            OddsPrizeScopesBackfillSeeder::class,
             LotterySettingsSeeder::class,
         ]);
 
diff --git a/database/seeders/OddsPrizeScopesBackfillSeeder.php b/database/seeders/OddsPrizeScopesBackfillSeeder.php
new file mode 100644
index 0000000..a3566ef
--- /dev/null
+++ b/database/seeders/OddsPrizeScopesBackfillSeeder.php
@@ -0,0 +1,20 @@
+<?php
+
+namespace Database\Seeders;
+
+use App\Models\OddsVersion;
+use App\Support\OddsStandardScopes;
+use Illuminate\Database\Seeder;
+
+/**
+ * 为历史 odds_versions 补全 §5.5 五档 prize_scope（幂等，可重复执行）。
+ */
+class OddsPrizeScopesBackfillSeeder extends Seeder
+{
+    public function run(): void
+    {
+        foreach (OddsVersion::query()->orderBy('id')->cursor() as $version) {
+            OddsStandardScopes::syncMissingForVersion($version);
+        }
+    }
+}
diff --git a/database/seeders/OperationalConfigV1Seeder.php b/database/seeders/OperationalConfigV1Seeder.php
new file mode 100644
index 0000000..87dddf2
--- /dev/null
+++ b/database/seeders/OperationalConfigV1Seeder.php
@@ -0,0 +1,95 @@
+<?php
+
+namespace Database\Seeders;
+
+use App\Lottery\ConfigVersionStatus;
+use App\Models\OddsItem;
+use App\Models\OddsVersion;
+use App\Models\PlayConfigItem;
+use App\Models\PlayConfigVersion;
+use App\Models\PlayType;
+use App\Models\RiskCapItem;
+use App\Models\RiskCapVersion;
+use App\Support\OddsStandardScopes;
+use Illuminate\Database\Seeder;
+use Illuminate\Support\Facades\DB;
+
+/**
+ * 阶段 4：写入首套 **active** 玩法配置 / 赔率 / 风控封顶版本（依赖 {@see PlayTypeSeeder}、{@see CurrencySeeder}）。
+ */
+class OperationalConfigV1Seeder extends Seeder
+{
+    public function run(): void
+    {
+        if (PlayConfigVersion::query()->where('status', ConfigVersionStatus::Active->value)->exists()) {
+            return;
+        }
+
+        DB::transaction(function (): void {
+            $playVersion = PlayConfigVersion::query()->create([
+                'version_no' => 1,
+                'status' => ConfigVersionStatus::Active->value,
+                'effective_at' => now(),
+                'updated_by' => null,
+                'reason' => 'seed:v1',
+            ]);
+
+            foreach (PlayType::query()->orderBy('sort_order')->orderBy('play_code')->get() as $pt) {
+                PlayConfigItem::query()->create([
+                    'version_id' => $playVersion->id,
+                    'play_code' => $pt->play_code,
+                    'is_enabled' => (bool) $pt->is_enabled,
+                    'min_bet_amount' => 100,
+                    'max_bet_amount' => 500_000_000,
+                    'display_order' => (int) $pt->sort_order,
+                    'rule_text_zh' => null,
+                    'rule_text_en' => null,
+                    'rule_text_ne' => null,
+                    'extra_config_json' => null,
+                ]);
+            }
+
+            $oddsVersion = OddsVersion::query()->create([
+                'version_no' => 1,
+                'status' => ConfigVersionStatus::Active->value,
+                'effective_at' => now(),
+                'updated_by' => null,
+                'reason' => 'seed:v1',
+            ]);
+
+            /** 对齐界面文档 §5.5：头/二/三/特别/安慰；odds_value = 乘数×10000（NPR 基准展示口径） */
+            foreach (PlayType::query()->orderBy('sort_order')->orderBy('play_code')->get() as $pt) {
+                foreach (OddsStandardScopes::PRESET_ODDS_BY_SCOPE as $scope => $oddsValue) {
+                    OddsItem::query()->create([
+                        'version_id' => $oddsVersion->id,
+                        'play_code' => $pt->play_code,
+                        'prize_scope' => $scope,
+                        'odds_value' => $oddsValue,
+                        'rebate_rate' => 0,
+                        'commission_rate' => 0,
+                        'currency_code' => 'NPR',
+                        'extra_config_json' => null,
+                    ]);
+                }
+            }
+
+            $riskVersion = RiskCapVersion::query()->create([
+                'version_no' => 1,
+                'status' => ConfigVersionStatus::Active->value,
+                'effective_at' => now(),
+                'updated_by' => null,
+                'reason' => 'seed:v1',
+            ]);
+
+            foreach (['0000', '1234', '9999'] as $num) {
+                RiskCapItem::query()->create([
+                    'version_id' => $riskVersion->id,
+                    'draw_id' => null,
+                    'normalized_number' => $num,
+                    'cap_amount' => 50_000_000_000,
+                    'cap_type' => 'per_number',
+                ]);
+            }
+        });
+    }
+}
diff --git a/routes/api.php b/routes/api.php
index cda08f5..e7966b7 100644
--- a/routes/api.php
+++ b/routes/api.php
@@ -2,18 +2,36 @@
 
 use App\Http\Controllers\Api\V1\Admin\Auth\CaptchaController;
 use App\Http\Controllers\Api\V1\Admin\Auth\LoginController;
+use App\Http\Controllers\Api\V1\Admin\Config\OddsItemsReplaceController;
+use App\Http\Controllers\Api\V1\Admin\Config\OddsVersionIndexController;
+use App\Http\Controllers\Api\V1\Admin\Config\OddsVersionPublishController;
+use App\Http\Controllers\Api\V1\Admin\Config\OddsVersionShowController;
+use App\Http\Controllers\Api\V1\Admin\Config\OddsVersionStoreController;
+use App\Http\Controllers\Api\V1\Admin\Config\PlayConfigItemsReplaceController;
+use App\Http\Controllers\Api\V1\Admin\Config\PlayConfigVersionIndexController;
+use App\Http\Controllers\Api\V1\Admin\Config\PlayConfigVersionPublishController;
+use App\Http\Controllers\Api\V1\Admin\Config\PlayConfigVersionShowController;
+use App\Http\Controllers\Api\V1\Admin\Config\PlayConfigVersionStoreController;
+use App\Http\Controllers\Api\V1\Admin\Config\RiskCapItemsReplaceController;
+use App\Http\Controllers\Api\V1\Admin\Config\RiskCapVersionIndexController;
+use App\Http\Controllers\Api\V1\Admin\Config\RiskCapVersionPublishController;
+use App\Http\Controllers\Api\V1\Admin\Config\RiskCapVersionShowController;
+use App\Http\Controllers\Api\V1\Admin\Config\RiskCapVersionStoreController;
 use App\Http\Controllers\Api\V1\Admin\Draw\AdminDrawIndexController;
 use App\Http\Controllers\Api\V1\Admin\Draw\AdminDrawResultBatchesIndexController;
 use App\Http\Controllers\Api\V1\Admin\Draw\AdminDrawShowController;
 use App\Http\Controllers\Api\V1\Admin\Draw\DrawResultBatchPublishController;
 use App\Http\Controllers\Api\V1\Admin\PingController as AdminPingController;
 use App\Http\Controllers\Api\V1\Admin\Player\PlayerWalletShowController;
+use App\Http\Controllers\Api\V1\Admin\PlayTypeIndexController;
+use App\Http\Controllers\Api\V1\Admin\PlayTypePatchController;
 use App\Http\Controllers\Api\V1\Admin\Wallet\TransferOrderListController;
 use App\Http\Controllers\Api\V1\Admin\Wallet\WalletTransactionListController;
 use App\Http\Controllers\Api\V1\Draw\DrawCurrentController;
 use App\Http\Controllers\Api\V1\Draw\DrawResultShowController;
 use App\Http\Controllers\Api\V1\Draw\DrawResultsIndexController;
 use App\Http\Controllers\Api\V1\HealthController;
+use App\Http\Controllers\Api\V1\Play\PlayEffectiveCatalogController;
 use App\Http\Controllers\Api\V1\Player\MeController;
 use App\Http\Controllers\Api\V1\Player\PingController as PlayerPingController;
 use App\Http\Controllers\Api\V1\Wallet\WalletBalanceController;
@@ -38,6 +56,9 @@ Route::prefix('v1')->group(function (): void {
         ->where('draw_no', '[0-9]{8}-[0-9]{3}')
         ->name('api.v1.draw.results.show');
 
+    // 名称：生效玩法 / 赔率 / 封顶目录（阶段 4；公开）
+    Route::get('play/effective', PlayEffectiveCatalogController::class)->name('api.v1.play.effective');
+
     Route::prefix('player')
         ->name('api.v1.player.')
         ->group(function (): void {
@@ -98,6 +119,50 @@ Route::prefix('v1')->group(function (): void {
                     'draws/{draw}/result-batches/{batch}/publish',
                     DrawResultBatchPublishController::class,
                 )->name('draws.result-batches.publish');
+
+                // 阶段 4：玩法目录 + 赔率 + 风控封顶（版本化管理）
+                Route::get('play-types', PlayTypeIndexController::class)->name('play-types.index');
+                Route::patch('play-types/{play_code}', PlayTypePatchController::class)
+                    ->where('play_code', '[a-z0-9_]+')
+                    ->name('play-types.patch');
+
+                Route::prefix('config')->name('config.')->group(function (): void {
+                    Route::get('play-versions', PlayConfigVersionIndexController::class)->name('play-versions.index');
+                    Route::post('play-versions', PlayConfigVersionStoreController::class)->name('play-versions.store');
+                    Route::get('play-versions/{id}', PlayConfigVersionShowController::class)
+                        ->whereNumber('id')
+                        ->name('play-versions.show');
+                    Route::put('play-versions/{id}/items', PlayConfigItemsReplaceController::class)
+                        ->whereNumber('id')
+                        ->name('play-versions.items.replace');
+                    Route::post('play-versions/{id}/publish', PlayConfigVersionPublishController::class)
+                        ->whereNumber('id')
+                        ->name('play-versions.publish');
+
+                    Route::get('odds-versions', OddsVersionIndexController::class)->name('odds-versions.index');
+                    Route::post('odds-versions', OddsVersionStoreController::class)->name('odds-versions.store');
+                    Route::get('odds-versions/{id}', OddsVersionShowController::class)
+                        ->whereNumber('id')
+                        ->name('odds-versions.show');
+                    Route::put('odds-versions/{id}/items', OddsItemsReplaceController::class)
+                        ->whereNumber('id')
+                        ->name('odds-versions.items.replace');
+                    Route::post('odds-versions/{id}/publish', OddsVersionPublishController::class)
+                        ->whereNumber('id')
+                        ->name('odds-versions.publish');
+
+                    Route::get('risk-cap-versions', RiskCapVersionIndexController::class)->name('risk-cap-versions.index');
+                    Route::post('risk-cap-versions', RiskCapVersionStoreController::class)->name('risk-cap-versions.store');
+                    Route::get('risk-cap-versions/{id}', RiskCapVersionShowController::class)
+                        ->whereNumber('id')
+                        ->name('risk-cap-versions.show');
+                    Route::put('risk-cap-versions/{id}/items', RiskCapItemsReplaceController::class)
+                        ->whereNumber('id')
+                        ->name('risk-cap-versions.items.replace');
+                    Route::post('risk-cap-versions/{id}/publish', RiskCapVersionPublishController::class)
+                        ->whereNumber('id')
+                        ->name('risk-cap-versions.publish');
+                });
             });
         });
 });
diff --git a/tests/Feature/OddsStandardScopesSyncTest.php b/tests/Feature/OddsStandardScopesSyncTest.php
new file mode 100644
index 0000000..0ad0157
--- /dev/null
+++ b/tests/Feature/OddsStandardScopesSyncTest.php
@@ -0,0 +1,63 @@
+<?php
+
+use App\Lottery\ConfigVersionStatus;
+use App\Models\Currency;
+use App\Models\OddsItem;
+use App\Models\OddsVersion;
+use App\Models\PlayType;
+use App\Support\OddsStandardScopes;
+use Database\Seeders\CurrencySeeder;
+use Database\Seeders\PlayTypeSeeder;
+use Illuminate\Foundation\Testing\RefreshDatabase;
+
+uses(RefreshDatabase::class);
+
+test('syncMissingForVersion adds five scopes from default-only rows', function (): void {
+    $this->seed(CurrencySeeder::class);
+    $this->seed(PlayTypeSeeder::class);
+
+    $currency = Currency::query()->where('is_bettable', true)->where('is_enabled', true)->orderBy('code')->firstOrFail();
+
+    $version = OddsVersion::query()->create([
+        'version_no' => 1,
+        'status' => ConfigVersionStatus::Active->value,
+        'effective_at' => now(),
+        'updated_by' => null,
+        'reason' => 'test',
+    ]);
+
+    foreach (PlayType::query()->orderBy('play_code')->get() as $pt) {
+        OddsItem::query()->create([
+            'version_id' => $version->id,
+            'play_code' => $pt->play_code,
+            'prize_scope' => 'default',
+            'odds_value' => 19_500,
+            'rebate_rate' => 0.01,
+            'commission_rate' => 0,
+            'currency_code' => $currency->code,
+            'extra_config_json' => null,
+        ]);
+    }
+
+    OddsStandardScopes::syncMissingForVersion($version);
+
+    $playCount = PlayType::query()->count();
+    expect(OddsItem::query()->where('version_id', $version->id)->count())->toBe(
+        $playCount * (1 + count(OddsStandardScopes::SCOPE_KEYS)),
+    );
+    foreach (PlayType::query()->get() as $pt) {
+        foreach (OddsStandardScopes::SCOPE_KEYS as $scope) {
+            $row = OddsItem::query()
+                ->where('version_id', $version->id)
+                ->where('play_code', $pt->play_code)
+                ->where('currency_code', $currency->code)
+                ->where('prize_scope', $scope)
+                ->firstOrFail();
+
+            expect((int) $row->odds_value)->toBe(OddsStandardScopes::PRESET_ODDS_BY_SCOPE[$scope]);
+            /** @var string $rebate Eloquent `decimal:4` cast */
+            $rebate = (string) $row->rebate_rate;
+            expect($rebate)->toBe('0.0100');
+        }
+    }
+});
diff --git a/tests/Feature/OperationalConfigAcceptanceTest.php b/tests/Feature/OperationalConfigAcceptanceTest.php
new file mode 100644
index 0000000..48c16f4
--- /dev/null
+++ b/tests/Feature/OperationalConfigAcceptanceTest.php
@@ -0,0 +1,321 @@
+<?php
+
+/**
+ * 验收自动化（对应测试任务 §5 / 完成标准 §12.6）：
+ *
+ * - 配置改动是否生效 → 赔率 / 玩法限额发布后 GET /api/v1/play/effective 可读出新值；PATCH play-types 可改目录开关。
+ * - 配置改动是否影响已下注订单 → ticket_items 行的 odds_snapshot_json 不因新赔率版本发布而被改写（注单链路尚未实现时，用数据不变量验证）。
+ * - 配置历史是否可追溯 → odds_versions 存在 archived + active；audit_logs 记录 publish。
+ *
+ * 运行：php artisan test tests/Feature/OperationalConfigAcceptanceTest.php
+ */
+
+use App\Lottery\ConfigVersionStatus;
+use App\Lottery\DrawStatus;
+use App\Models\AdminUser;
+use App\Models\AuditLog;
+use App\Models\Draw;
+use App\Models\OddsVersion;
+use App\Models\Player;
+use App\Models\PlayType;
+use App\Models\RiskCapVersion;
+use Database\Seeders\CurrencySeeder;
+use Database\Seeders\OperationalConfigV1Seeder;
+use Database\Seeders\PlayTypeSeeder;
+use Illuminate\Foundation\Testing\RefreshDatabase;
+use Illuminate\Support\Facades\DB;
+use Illuminate\Support\Facades\Hash;
+
+uses(RefreshDatabase::class);
+
+beforeEach(function (): void {
+    $this->seed(CurrencySeeder::class);
+    $this->seed(PlayTypeSeeder::class);
+    $this->seed(OperationalConfigV1Seeder::class);
+});
+
+function acceptanceMintAdminToken(): string
+{
+    $admin = AdminUser::query()->create([
+        'username' => 'acceptance_admin',
+        'name' => 'Acceptance QA',
+        'email' => null,
+        'password' => Hash::make('secret-strong'),
+        'status' => 0,
+    ]);
+
+    return $admin->createToken('test', ['*'], now()->addDay())->plainTextToken;
+}
+
+function oddsPutPayloadFromDetail(array $items): array
+{
+    return collect($items)->map(fn (array $r) => [
+        'play_code' => $r['play_code'],
+        'prize_scope' => $r['prize_scope'],
+        'odds_value' => (int) $r['odds_value'],
+        'rebate_rate' => (float) $r['rebate_rate'],
+        'commission_rate' => (float) $r['commission_rate'],
+        'currency_code' => $r['currency_code'],
+        'extra_config_json' => $r['extra_config_json'] ?? null,
+    ])->all();
+}
+
+test('§12.6 published play limits are visible on public effective catalog without code deploy', function (): void {
+    $token = acceptanceMintAdminToken();
+    $auth = ['Authorization' => 'Bearer '.$token];
+
+    $create = $this->postJson('/api/v1/admin/config/play-versions', ['reason' => 'acceptance'], $auth);
+    $create->assertOk();
+    $draftId = (int) $create->json('data.id');
+
+    $itemPayload = [];
+    foreach (PlayType::query()->orderBy('play_code')->get() as $t) {
+        $itemPayload[] = [
+            'play_code' => $t->play_code,
+            'is_enabled' => true,
+            'min_bet_amount' => 777,
+            'max_bet_amount' => 400_000_000,
+            'display_order' => (int) $t->sort_order,
+        ];
+    }
+
+    $this->putJson('/api/v1/admin/config/play-versions/'.$draftId.'/items', ['items' => $itemPayload], $auth)->assertOk();
+    $this->postJson('/api/v1/admin/config/play-versions/'.$draftId.'/publish', [], $auth)->assertOk();
+
+    $plays = collect($this->getJson('/api/v1/play/effective?currency=NPR')->assertOk()->json('data.plays'));
+    expect($plays->firstWhere('play_code', 'big')['config']['min_bet_amount'])->toBe(777);
+});
+
+test('§12.6 published odds are visible on public effective catalog without code deploy', function (): void {
+    $token = acceptanceMintAdminToken();
+    $auth = ['Authorization' => 'Bearer '.$token];
+
+    $create = $this->postJson('/api/v1/admin/config/odds-versions', ['reason' => 'acceptance odds'], $auth);
+    $create->assertOk();
+    $draftId = (int) $create->json('data.id');
+
+    $detail = $this->getJson('/api/v1/admin/config/odds-versions/'.$draftId, $auth)->assertOk()->json('data.items');
+    $payload = oddsPutPayloadFromDetail($detail);
+    foreach ($payload as &$row) {
+        if ($row['play_code'] === 'big' && $row['prize_scope'] === 'first') {
+            $row['odds_value'] = 333_333;
+        }
+    }
+    unset($row);
+
+    $this->putJson('/api/v1/admin/config/odds-versions/'.$draftId.'/items', ['items' => $payload], $auth)->assertOk();
+    $this->postJson('/api/v1/admin/config/odds-versions/'.$draftId.'/publish', [], $auth)->assertOk();
+
+    $plays = collect($this->getJson('/api/v1/play/effective?currency=NPR')->assertOk()->json('data.plays'));
+    expect($plays->firstWhere('play_code', 'big')['odds']['odds_value'])->toBe(333_333);
+});
+
+test('§5 odds publish archives prior version lists history and writes audit log', function (): void {
+    $token = acceptanceMintAdminToken();
+    $auth = ['Authorization' => 'Bearer '.$token];
+
+    $beforeArchived = OddsVersion::query()->where('status', ConfigVersionStatus::Archived->value)->count();
+
+    $create = $this->postJson('/api/v1/admin/config/odds-versions', ['reason' => 'audit trail'], $auth);
+    $create->assertOk();
+    $draftId = (int) $create->json('data.id');
+
+    $detail = $this->getJson('/api/v1/admin/config/odds-versions/'.$draftId, $auth)->assertOk()->json('data.items');
+    $this->putJson(
+        '/api/v1/admin/config/odds-versions/'.$draftId.'/items',
+        ['items' => oddsPutPayloadFromDetail($detail)],
+        $auth,
+    )->assertOk();
+
+    $this->postJson('/api/v1/admin/config/odds-versions/'.$draftId.'/publish', [], $auth)->assertOk();
+
+    expect(OddsVersion::query()->where('status', ConfigVersionStatus::Active->value)->count())->toBe(1);
+    expect(OddsVersion::query()->where('status', ConfigVersionStatus::Archived->value)->count())->toBe($beforeArchived + 1);
+
+    $list = $this->getJson('/api/v1/admin/config/odds-versions?per_page=50', $auth)->assertOk()->json('data.items');
+    expect(count($list))->toBeGreaterThanOrEqual(2);
+
+    expect(
+        AuditLog::query()
+            ->where('module_code', 'odds')
+            ->where('action_code', 'publish')
+            ->exists(),
+    )->toBeTrue();
+});
+
+test('§5 existing ticket_items odds snapshot row is not mutated when new odds version publishes', function (): void {
+    $token = acceptanceMintAdminToken();
+    $auth = ['Authorization' => 'Bearer '.$token];
+
+    $snapshot = ['frozen_odds_first' => 250_000, 'note' => 'acceptance synthetic row'];
+
+    $player = Player::query()->create([
+        'site_code' => 'test',
+        'site_player_id' => 'p1',
+        'username' => 'u1',
+        'nickname' => null,
+        'default_currency' => 'NPR',
+        'status' => 0,
+    ]);
+
+    $draw = Draw::query()->create([
+        'draw_no' => 'ACC-001',
+        'business_date' => now()->toDateString(),
+        'sequence_no' => 1,
+        'status' => DrawStatus::Open->value,
+        'start_time' => null,
+        'close_time' => null,
+        'draw_time' => null,
+        'cooling_end_time' => null,
+        'result_source' => null,
+        'current_result_version' => 0,
+        'settle_version' => 0,
+        'is_reopened' => false,
+    ]);
+
+    $now = now();
+    $orderId = DB::table('ticket_orders')->insertGetId([
+        'order_no' => 'ORD-ACC-001',
+        'player_id' => $player->id,
+        'draw_id' => $draw->id,
+        'currency_code' => 'NPR',
+        'total_bet_amount' => 100,
+        'total_rebate_amount' => 0,
+        'total_actual_deduct' => 100,
+        'total_estimated_payout' => 0,
+        'status' => 'confirmed',
+        'submit_source' => 'h5',
+        'client_trace_id' => null,
+        'created_at' => $now,
+        'updated_at' => $now,
+    ]);
+
+    DB::table('ticket_items')->insert([
+        'ticket_no' => 'TICK-ACC-001',
+        'order_id' => $orderId,
+        'player_id' => $player->id,
+        'draw_id' => $draw->id,
+        'original_number' => null,
+        'normalized_number' => '1234',
+        'play_code' => 'big',
+        'dimension' => 2,
+        'digit_slot' => null,
+        'bet_mode' => null,
+        'unit_bet_amount' => 100,
+        'total_bet_amount' => 100,
+        'rebate_rate_snapshot' => 0,
+        'commission_rate_snapshot' => 0,
+        'actual_deduct_amount' => 100,
+        'odds_snapshot_json' => json_encode($snapshot),
+        'rule_snapshot_json' => null,
+        'combination_count' => 1,
+        'estimated_max_payout' => 0,
+        'risk_locked_amount' => 0,
+        'status' => 'confirmed',
+        'fail_reason_code' => null,
+        'fail_reason_text' => null,
+        'win_amount' => 0,
+        'jackpot_win_amount' => 0,
+        'settled_at' => null,
+        'created_at' => $now,
+        'updated_at' => $now,
+    ]);
+
+    $create = $this->postJson('/api/v1/admin/config/odds-versions', ['reason' => 'after ticket'], $auth);
+    $create->assertOk();
+    $draftId = (int) $create->json('data.id');
+
+    $detail = $this->getJson('/api/v1/admin/config/odds-versions/'.$draftId, $auth)->assertOk()->json('data.items');
+    $payload = oddsPutPayloadFromDetail($detail);
+    foreach ($payload as &$row) {
+        if ($row['play_code'] === 'big' && $row['prize_scope'] === 'first') {
+            $row['odds_value'] = 9_999_999;
+        }
+    }
+    unset($row);
+
+    $this->putJson('/api/v1/admin/config/odds-versions/'.$draftId.'/items', ['items' => $payload], $auth)->assertOk();
+    $this->postJson('/api/v1/admin/config/odds-versions/'.$draftId.'/publish', [], $auth)->assertOk();
+
+    $stored = DB::table('ticket_items')->where('ticket_no', 'TICK-ACC-001')->value('odds_snapshot_json');
+    expect(json_decode((string) $stored, true))->toBe($snapshot);
+
+    $plays = collect($this->getJson('/api/v1/play/effective?currency=NPR')->assertOk()->json('data.plays'));
+    expect($plays->firstWhere('play_code', 'big')['odds']['odds_value'])->toBe(9_999_999);
+});
+
+test('§12.6 PATCH play-types controls master_enabled on public catalog without code deploy', function (): void {
+    $token = acceptanceMintAdminToken();
+    $auth = ['Authorization' => 'Bearer '.$token];
+
+    $this->patchJson('/api/v1/admin/play-types/big', ['is_enabled' => false], $auth)->assertOk();
+
+    $plays = collect($this->getJson('/api/v1/play/effective?currency=NPR')->assertOk()->json('data.plays'));
+    expect($plays->firstWhere('play_code', 'big')['master_enabled'])->toBeFalse();
+
+    $this->patchJson('/api/v1/admin/play-types/big', ['is_enabled' => true], $auth)->assertOk();
+});
+
+test('§5 risk cap publish is audited and version history exists', function (): void {
+    $token = acceptanceMintAdminToken();
+    $auth = ['Authorization' => 'Bearer '.$token];
+
+    $beforeArchived = RiskCapVersion::query()->where('status', ConfigVersionStatus::Archived->value)->count();
+
+    $create = $this->postJson('/api/v1/admin/config/risk-cap-versions', ['reason' => 'acceptance risk'], $auth);
+    $create->assertOk();
+    $draftId = (int) $create->json('data.id');
+
+    $rows = $this->getJson('/api/v1/admin/config/risk-cap-versions/'.$draftId, $auth)->assertOk()->json('data.items');
+    $payload = collect($rows)->map(fn (array $r) => [
+        'draw_id' => $r['draw_id'],
+        'normalized_number' => $r['normalized_number'],
+        'cap_amount' => (int) $r['cap_amount'],
+        'cap_type' => $r['cap_type'],
+    ])->all();
+
+    $this->putJson('/api/v1/admin/config/risk-cap-versions/'.$draftId.'/items', ['items' => $payload], $auth)->assertOk();
+    $this->postJson('/api/v1/admin/config/risk-cap-versions/'.$draftId.'/publish', [], $auth)->assertOk();
+
+    expect(RiskCapVersion::query()->where('status', ConfigVersionStatus::Archived->value)->count())->toBe($beforeArchived + 1);
+
+    expect(
+        AuditLog::query()
+            ->where('module_code', 'risk_cap')
+            ->where('action_code', 'publish')
+            ->exists(),
+    )->toBeTrue();
+
+    $list = $this->getJson('/api/v1/admin/config/risk-cap-versions?per_page=50', $auth)->assertOk()->json('data.items');
+    expect(count($list))->toBeGreaterThanOrEqual(2);
+});
+
+test('§5 play_config publish is audited', function (): void {
+    $token = acceptanceMintAdminToken();
+    $auth = ['Authorization' => 'Bearer '.$token];
+
+    $create = $this->postJson('/api/v1/admin/config/play-versions', ['reason' => 'audit play'], $auth);
+    $create->assertOk();
+    $draftId = (int) $create->json('data.id');
+
+    $itemPayload = [];
+    foreach (PlayType::query()->orderBy('play_code')->get() as $t) {
+        $itemPayload[] = [
+            'play_code' => $t->play_code,
+            'is_enabled' => true,
+            'min_bet_amount' => 100,
+            'max_bet_amount' => 500_000_000,
+            'display_order' => (int) $t->sort_order,
+        ];
+    }
+
+    $this->putJson('/api/v1/admin/config/play-versions/'.$draftId.'/items', ['items' => $itemPayload], $auth)->assertOk();
+    $this->postJson('/api/v1/admin/config/play-versions/'.$draftId.'/publish', [], $auth)->assertOk();
+
+    expect(
+        AuditLog::query()
+            ->where('module_code', 'play_config')
+            ->where('action_code', 'publish')
+            ->exists(),
+    )->toBeTrue();
+});
diff --git a/tests/Feature/OperationalConfigApiTest.php b/tests/Feature/OperationalConfigApiTest.php
new file mode 100644
index 0000000..87eafb3
--- /dev/null
+++ b/tests/Feature/OperationalConfigApiTest.php
@@ -0,0 +1,87 @@
+<?php
+
+use App\Lottery\ConfigVersionStatus;
+use App\Models\AdminUser;
+use App\Models\PlayConfigVersion;
+use App\Models\PlayType;
+use Database\Seeders\CurrencySeeder;
+use Database\Seeders\OperationalConfigV1Seeder;
+use Database\Seeders\PlayTypeSeeder;
+use Illuminate\Foundation\Testing\RefreshDatabase;
+use Illuminate\Support\Facades\Hash;
+
+uses(RefreshDatabase::class);
+
+beforeEach(function (): void {
+    $this->seed(CurrencySeeder::class);
+    $this->seed(PlayTypeSeeder::class);
+    $this->seed(OperationalConfigV1Seeder::class);
+});
+
+function mintConfigAdminToken(): string
+{
+    $admin = AdminUser::query()->create([
+        'username' => 'config_admin',
+        'name' => 'Config QA',
+        'email' => null,
+        'password' => Hash::make('secret-strong'),
+        'status' => 0,
+    ]);
+
+    return $admin->createToken('test', ['*'], now()->addDay())->plainTextToken;
+}
+
+test('play effective catalog is public and merged', function (): void {
+    $resp = $this->getJson('/api/v1/play/effective?currency=NPR');
+    $resp->assertOk()->assertJsonPath('data.currency_code', 'NPR');
+
+    $plays = $resp->json('data.plays');
+    expect($plays)->toBeArray()->not->toBeEmpty();
+    expect($plays[0])->toHaveKeys(['play_code', 'config', 'odds', 'master_enabled']);
+});
+
+test('admin play config draft publish flow', function (): void {
+    $token = mintConfigAdminToken();
+    $active = PlayConfigVersion::query()->where('status', ConfigVersionStatus::Active->value)->firstOrFail();
+
+    $create = $this->postJson('/api/v1/admin/config/play-versions', [
+        'reason' => 'test draft',
+    ], ['Authorization' => 'Bearer '.$token]);
+    $create->assertOk();
+    $draftId = (int) $create->json('data.id');
+    expect($draftId)->toBeGreaterThan(0);
+    expect($create->json('data.status'))->toBe(ConfigVersionStatus::Draft->value);
+
+    $types = PlayType::query()->orderBy('play_code')->get();
+    $itemPayload = [];
+    foreach ($types as $t) {
+        $itemPayload[] = [
+            'play_code' => $t->play_code,
+            'is_enabled' => true,
+            'min_bet_amount' => 200,
+            'max_bet_amount' => 400_000_000,
+            'display_order' => (int) $t->sort_order,
+        ];
+    }
+
+    $this->putJson(
+        '/api/v1/admin/config/play-versions/'.$draftId.'/items',
+        ['items' => $itemPayload],
+        ['Authorization' => 'Bearer '.$token],
+    )->assertOk()->assertJsonPath('data.items.0.min_bet_amount', 200);
+
+    $this->postJson(
+        '/api/v1/admin/config/play-versions/'.$draftId.'/publish',
+        [],
+        ['Authorization' => 'Bearer '.$token],
+    )->assertOk()->assertJsonPath('data.status', ConfigVersionStatus::Active->value);
+
+    $active->refresh();
+    expect($active->status)->toBe(ConfigVersionStatus::Archived->value);
+
+    expect(PlayConfigVersion::query()->where('status', ConfigVersionStatus::Active->value)->count())->toBe(1);
+});
+
+test('admin play-types requires authentication', function (): void {
+    $this->getJson('/api/v1/admin/play-types')->assertUnauthorized();
+});