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.
Beginner 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 7, 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, 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.
August 21, 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.
August 20, 2026