Prediction Market Guides: Learn About Markets, Contracts & More

Prediction markets let people trade on the likelihood of future events in various markets ranking from sports and elections to economic data, technology milestones, and cultural moments. Instead of placing traditional bets, users buy and sell contracts that reflect the market’s collective view on what will happen next.

This guide hub is designed to help you understand how prediction markets work, how to interpret prices and probabilities, and how different markets are structured. Below, you’ll find in-depth guides covering specific prediction market types, platforms, strategies, and rules, so you can explore each area with clarity and confidence.

• 📊 What are prediction markets?
  Prediction markets are platforms where users trade contracts based on the outcome of future events. Prices move based on supply and demand, reflecting the market’s view on the likelihood of each outcome.
• 💲 How do prediction market prices work?
  Each contract is priced between $0 and $1. The price represents the implied probability of that outcome occurring, based on current market activity. For instance a contract priced at $0.55 has an implied probability of 55%.
• 📅 What types of events can you trade on?
  Prediction markets cover a wide range of topics, including sports, politics, economics, technology, climate, and cultural events. Available markets vary by platform and jurisdiction.