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Prediction Market Terms Explained: The Complete Glossary in Plain English
Every prediction market term you'll encounter — from bid-ask spread to oracle resolution — defined in plain English. 50 terms, no jargon walls.
Read the explainer →
Also popular: Can Prediction Markets Really Predict the Future?
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01Prediction Market Terms E…→
02Can Prediction Markets Re…→
03How Prediction Market Con…→
04What Does the Price Mean …→
05Are Prediction Markets Be…
Guides11 articles
glossary
Prediction Market Terms Explained: The Complete Glossary in Plain English
Every prediction market term you'll encounter — from bid-ask spread to oracle resolution — defined in plain English. 50 terms, no jargon walls.
18 min read→
accuracy
Can Prediction Markets Really Predict the Future?
Prediction markets often beat polls — but they've also missed Brexit and Trump. Here's what the research actually says about when to trust them.
14 min read→
resolution
How Prediction Market Contracts Resolve: and What Happens When It Gets Messy
Winning shares pay $1. Losing shares pay $0. But resolution is messier than that. Here's how it actually works across every major platform.
12 min→
price
What Does the Price Mean in a Prediction Market?
A prediction market price is an implied probability — but the number on screen is usually a midpoint, not what you'd actually pay. Here's what it really means.
8 min→
analysis
Are Prediction Markets Better Than Polls?
Are betting markets accurate? Prediction markets vs polls: why betting odds often outperform surveys, and where they still fall short.
14 min→
01
What Is a Prediction Market?
A beginner's guide to how prediction markets work, what the prices mean, and why everyone from Google to Wall Street uses them to forecast the future.
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How Is a Prediction Market Different from Betting?
In this guide, we break down what actually separates prediction markets from traditional sportsbooks, including counterparty risk, price formation, and the cost of trading.
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Are Prediction Markets Legal? The Complete 2026 Guide
Whether prediction markets are legal depends on where you are and which platform you use. Here's the full answer for the US, UK, EU, and beyond.
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Polymarket Review 2026: The Prediction Market for People Who Follow the News
Polymarket review 2026: Is it legit? We cover fees, withdrawals, legal battles, and whether it's worth it for news traders and crypto-native users. Updated March 2026.
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Kalshi Review 2026: The Regulated Prediction Market That Wants to Be Your Sportsbook
Kalshi review 2026: Is it legit? We cover fees, withdrawal issues, legal battles, and whether it's worth it for sports and macro traders. Updated March 2026.
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Democratic Presidential Nominee 2028: Market Review & Odds Breakdown
Gavin Newsom leads at 24% in an $827M Polymarket race with 44 candidates. Here's what the money says about the 2028 Democratic nomination.
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