Prediction Markets 101
A prediction market lets people buy and sell contracts tied to whether a specific event happens. If a contract pays $1 when the event occurs, its price is a rough read on how likely traders think that outcome is right now. The guides in this section start from zero: what a contract actually is, how a market opens and closes, how outcomes get decided, and what the numbers on screen are telling you. No trading experience assumed. Start here if you have seen prediction market prices quoted in the news and want to understand what they mean before you look at any app.
Category Guide
Best Prediction Market Apps Compared
Compare Kalshi, Polymarket, Manifold, PredictIt and peers by mechanics, market coverage, fees and who each app suits best.
October 30, 2026Market Explainer
Kalshi vs Polymarket: Fees, Settlement and Liquidity Compared
Compare Kalshi and Polymarket on structure, fee models, settlement mechanics and where liquidity comes from—so you can pick the platform that matches your needs.
October 29, 2026Beginner Guide
Getting started with prediction markets: a practical checklist
A compact, practical checklist for new participants: account setup, how to read contracts and prices, simple order types, settlement expectations, and record-keeping.
October 20, 2026Market Explainer
Outcome Markets Explained: Single‑ vs Multi‑Outcome
Learn how single‑outcome and multi‑outcome prediction market contracts differ, how to read labels, probabilities and payout tables, and how to compare prices across formats.
October 8, 2026Category Guide
A categorized list of active prediction market platforms
Short profiles of 12 leading prediction market platforms, grouped by use case, with custody, contract types, and typical fees to help you pick the right one.
October 6, 2026Beginner Guide
What Are Conditional Prediction Markets?
Conditional prediction markets ask for the probability of an outcome given a stated condition. They let you express and read P(B|A) directly.
October 4, 2026Beginner Guide
Prediction Market Lifecycle: From Creation to Settlement
Follow one yes/no market from question wording and price formation to oracle resolution and final payout. Worked numbers show what a buyer experiences.
October 1, 2026Beginner Guide
Multi-Outcome Prediction Markets Explained
Multi-outcome prediction markets let you buy contracts for one of several possible results. Learn how prices add to 100%, see a 4-outcome example, and avoid common mistakes.
September 27, 2026Beginner Guide
How to Start a Prediction Market: Practical Checklist
Clear steps for organizers who want to start a prediction market: define the event, pick platform mechanics, write resolution rules, launch and manage liquidity.
September 22, 2026Beginner Guide
How Do Event Contracts Work: Encoding Outcomes
Learn how event contracts define what counts as an outcome, how they choose a data source or arbiter, and a checklist to read terms before you rely on the price.
September 17, 2026Market Explainer
Predictive Contract Outcomes: Binary, Scalar and Categorical
Clear rules for how contracts settle are the heart of prediction markets. This guide explains binary (Yes/No), scalar (numeric) and categorical (multi-option) outcomes and how to read prices.
September 15, 2026Beginner Guide
How Novig Works: Market Mechanics, Pricing, and Settlement
Learn how Novig runs Yes/No, multi‑outcome and prop markets, how its order‑book pricing compares with AMM pools, how contracts resolve, and practical user considerations.
September 12, 2026Market Explainer
Prediction contract outcomes: yes/no, categorical and scalar
Learn how Yes/No, categorical and scalar contracts settle, how resolution rules and ties are handled, and what contract prices mean before and after settlement.
September 10, 2026Beginner Guide
Prediction Markets for Beginners: A Quick, Practical Primer
Learn the essentials of reading and buying a Yes contract, what to check on any market, and how prices reflect information — with a single worked example.
September 8, 2026Beginner Guide
Prediction Market Tutorial: Tour a Market Page
Learn how to read a market page: where to find outcomes and prices, how to check resolution rules and oracles, how to read charts and trade history, and a short safety checklist.
September 5, 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.
September 3, 2026Beginner 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.
August 31, 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.
August 30, 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.
August 30, 2026