How are prediction markets settled?
Who decides the outcome, when you get paid, and what happens when a result is disputed.
Who decides the outcome, when you get paid, and what happens when a result is disputed.
The order book in plain English, with a worked example in cents.
Contracts that pay $1, prices set by other traders, and how you can sell before the result. The mechanics, step by step.
A price of 65¢ means about a 65% chance. Here's how to read prices, work out payouts and convert to sportsbook odds.
From "event contract" to "settlement", every term you'll see in the apps, in one sentence each.
Markets and polls measure different things. When each is more useful, and how to read them together.
One is an exchange, the other is the house. Seven differences that matter for price, limits and where you can play.
You buy "Yes" or "No" on a real-world question. If you're right, each contract pays $1. Here's everything else a beginner needs to know.