Category · Basics
Basics prediction markets.
Plain-English primers on event contracts, probability prices, and how prediction markets work.
Basics · 10 min read
How event contracts work
Price equals probability. A contract at 40¢ means the market thinks there's a 40% chance. Here's the full mechanic, with a Lakers walk-through.
Updated Jul 16, 2026
Basics · 5 min read
Reading probability prices: a 5-minute primer
Why 62¢ is the same as +61 in American odds — and why you'll never want to go back.
Updated Jul 15, 2026