New to prediction markets? These short, evergreen guides explain how they work, what Polymarket and Kalshi are, and how to read the implied probabilities and data shown on DePredict. Everything here is informational only — not financial advice or a betting recommendation.
A plain-language intro to prediction markets: what they are, how prices act as implied probabilities, and why they move.
Polymarket is a prediction market platform where people trade on the outcomes of real-world events. Here's how it works.
Kalshi is a US-regulated event contract exchange. Learn what event contracts are and how their prices read as probabilities.
How Polymarket and Kalshi compare — structure, market types, rules, and why identical-looking markets aren't always comparable.
How to read a Yes price as a probability, why odds move, and why low-liquidity or extreme markets can be noisy.