Prediction Market

Prediction markets, also known as predictive markets, ideas futures, event derivatives, virtual markets, or information markets, are marketplaces specifically created for trading bets on the outcomes of real-world events. The prices in prediction markets typically range between 0 and 100%. Essentially, prediction markets provide a platform for speculators to wager on their anticipated resolutions for specific data sets, events, or desired outcomes in the real world. These markets can also facilitate betting on future events through derivatives trading, utilizing high leverage and other complex financial instruments.