Prediction Markets Know it? Trade it!

With prediction markets, you can trade on the outcomes of real-world events, like sports events or political elections. To trade, you select an event and a market, then take a position by opening a "Yes" trade if you expect the outcome to occur, or a "No" trade if you believe it will not.

Prediction markets are available from the main menu and top navigation, with event-specific rules shown on each event’s details page.

An event contract is based on a binary (yes or no) question about an event that can be verified using reliable data. The goal is to correctly predict the outcome in order to profit (a wrong guess would result in a loss). You can choose the size of your trade, and you can hold multiple contracts on the same side of an event, but not on both.

Some orders may be left open until the market settles or until they’re manually canceled. Others require immediate execution, and any unfilled portion canceled.

The numbers shown under each event indicate total open interest across all traders, in total contracts.

Prices are shown in cents and reflect how likely traders believe the outcome is (e.g., 32¢ ≈ 32% chance). At settlement, contracts tied to the correct outcome pay $1, while contracts tied to the incorrect outcome pay $0. A small per-contract commission applies (e.g., $0.01 per contract), and additional exchange fees may apply.

Yes. Event contracts are offered through regulated exchanges and are overseen by the U.S. Commodity Futures Trading Commission (CFTC). Profits or losses may be subject to U.S. tax reporting. You should consult a qualified tax advisor for guidance.