Prediction market

id: prediction-market-173-15525842
title: Prediction market
text: Prediction markets, also known as betting markets, information markets, decision markets, idea futures or event derivatives, are open markets that enable the prediction of specific outcomes using financial incentives. They are exchange-traded markets established for trading bets in the outcome of various events. The market prices can indicate what the crowd thinks the probability of the event is. A typical prediction market contract is set up to trade between 0 and 100%. The most common form of
brand slug: wiki
category slug: encyclopedia
description: Markets created for the purpose of trading the outcome of events
original url: https://en.wikipedia.org/wiki/Prediction_market
date created: 2003-08-12T03:28:20Z
date modified: 2024-09-02T12:34:46Z
main entity: {"identifier":"Q282283","url":"https://www.wikidata.org/entity/Q282283"}
image:
fields total: 13
integrity: 15

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