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How are prediction markets settled?
Who decides the outcome, when you get paid, and what happens when a result is disputed.
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Prediction markets from zero: what they are, how prices work, fees, taxes and the rules.
Prediction markets let you buy Yes or No on real-world questions. Each contract pays $1 if you're right, so the price (1¢ to 99¢) is the crowd's probability. Start with what prediction markets are, then how to read the prices, what fees you pay and whether they're legal where you live. Free tools: odds converter and profit calculator.
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Limit orders vs market orders on prediction markets
The order book in plain English, with a worked example in cents.
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How old do you have to be to use prediction markets?
18 on most exchanges, 21 on some. The ages, the ID checks and the reasons behind them.
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Which states allow prediction markets? State-by-state guide (September 2026)
Where you can trade, which states are fighting sports contracts, and where each case stands.
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Are prediction markets legal in the US? (Updated September 2026)
Federally regulated, but fought over by states. The current legal picture in plain English, checked and dated.
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Can you really make money on prediction markets? An honest answer
Some people do. Most beginners don't. What an edge really looks like, and how to learn without losing much.
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How do prediction markets work? Contracts, prices and payouts explained
Contracts that pay $1, prices set by other traders, and how you can sell before the result. The mechanics, step by step.
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How to read prediction market odds (prices) in 5 minutes
A price of 65¢ means about a 65% chance. Here's how to read prices, work out payouts and convert to sportsbook odds.
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Prediction market fees explained (Kalshi, Polymarket and others)
Trading fees, the spread, and deposit and withdrawal costs. What you really pay, with worked examples.
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Prediction market glossary: 30 terms explained simply
From "event contract" to "settlement", every term you'll see in the apps, in one sentence each.
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Are prediction markets more accurate than polls?
Markets and polls measure different things. When each is more useful, and how to read them together.
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Do you pay taxes on prediction market winnings?
Profits are generally taxable, but how isn't fully settled. What to expect and what records to keep.