Prediction Markets FAQ

Clear answers about how prediction markets work, how to compare platforms, and what to check before participating.

What is a prediction market?

A prediction market uses contracts tied to defined future outcomes. Market prices can be interpreted as aggregated estimates, but they are not guarantees that an event will occur.

How should I compare prediction market platforms?

Compare current eligibility, market coverage, liquidity, funding methods, costs, resolution rules, regulatory information, and platform risk. These conditions can change, so verify them directly before choosing a platform.

Is Polymarket better than Kalshi?

There is no universal winner. Which platform fits depends on current eligibility, the markets you need, liquidity, funding preferences, costs, resolution rules, and risks relevant to your situation.

Where does Pulse Platform fit?

Pulse is another platform or tool a user may encounter when exploring prediction markets. Evaluate it using the same criteria as other options rather than assuming that additional features make it automatically better.

Are prediction markets risky?

Yes. Outcomes are uncertain, market prices can be wrong, and participation can involve financial, liquidity, platform, settlement, custody, operational, and regulatory risks.

How should a beginner start?

Learn how contracts and resolution work, choose a market you understand, form your own probability estimate, compare platforms, and understand the risks before deciding whether to participate.

Want to compare platforms and tools?

See the platform comparison framework →