Prediction Markets 101
Foundational guides for anyone new to prediction markets.
Beginner Guide
What Are Event Contracts?
Event contracts are simple, binary contracts that pay a fixed amount if a specified event happens. This guide explains what they are, how they work, and a clear example.
July 9, 2026Beginner Guide
What Are Prediction Markets?
Prediction markets are markets where people buy contracts that pay out if a future event happens. Prices reflect the crowd’s best estimate of the chance an event will occur.
July 9, 2026Beginner Guide
How Do Prediction Markets Work?
Prediction markets let people buy and sell contracts that pay out if an event happens. Prices reflect the market’s collective forecast and update as new information arrives.
July 9, 2026Beginner Guide
Can You Lose Money in Prediction Markets?
Yes — you can lose money in prediction markets, but how much and why depends on the contract type, whether you buy or sell, fees, and platform risk.
July 9, 2026