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Prediction market - Wikipedia

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Prediction markets, also known as betting markets, information markets, decision markets, idea futures or event derivatives, are open markets that enable the prediction of specific outcomes using financial incentives. They are exchange-traded markets established for trading bets in the outcome of various events.[1] The market prices can indicate what the crowd thinks the probability of the event is. A typical prediction market contract is set up to trade between 0 and 100%. The most common form of a prediction market is a binary option market, which will expire at the price of 0 or 100%. Prediction markets can be thought of as belonging to the more general concept of crowdsourcing which is specially designed to aggregate information on particular topics of interest. The main purposes of prediction markets are eliciting aggregating beliefs over an unknown future outcome. Traders with different beliefs trade on contracts whose payoffs are related to the unknown future outcome and the mar

Prediction market - Wikipedia Jump to content From Wikipedia, the free encyclopedia Platforms for betting on events This article needs more citations . Please help improve this article by adding citations to reliable sources . Unsourced material may be challenged and removed . Find sources: "Prediction market" – news · newspapers · books · scholar · JSTOR ( June 2026 ) ( Learn how and when to remove this message ) Prediction markets , also known as betting markets , information markets , decision markets , idea futures , or event derivatives , are open markets that enable the prediction of spe

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