Understand the market. Before the first trade.

A standard binary event contract turns a defined question into a tradable outcome. The written rules decide settlement. The price and fees decide your cost. You can lose the entire amount you pay. Check written contract rules, account eligibility and total costs. Trading involves risk, including loss of money.

01

How do you check New York access?

Understand the difference between federal registration, state enforcement and your eligibility.

02

How do you read the contract?

Identify the event, deadline, resolution source, and unusual outcomes.

03

How do you calculate payout and loss?

Separate entry cost, gross payout, net profit, and maximum loss.

04

How should you compare a platform?

Look at the U.S. product and current terms. Set a limit before funding.

Which prediction market terms should you know?

Implied probability

A way of reading a price as the market’s assessment of an outcome. It is not an objective guarantee or a personal forecast.

Settlement

The process of determining a contract’s result and distributing its stated payoff.

Resolution source

The official report, authority, or other source specified in a contract’s rules for deciding the outcome.

Frequently asked questions

What is a prediction market contract?

It is a contract tied to a defined event. Read its resolution criteria, deadline, settlement source and exception rules.

Does a $1 payout mean $1 profit?

No. Profit is payout minus purchase cost and applicable fees. A losing contract can lose the amount paid and fees.

Does a reward make a trade risk-free?

No. Rewards have eligibility and qualifying terms. They do not remove the risk of losing money.

What should you check before registering?

Check age, location, product and account eligibility, current fees, funding and withdrawal conditions, and the written contract rules.