Reference articles

7 explainers, written once and kept short. They cover the words and rules you meet on the rest of this site, so the data pages can stay data.

• How crypto prediction markets workA crypto prediction market lets people trade on the outcome of future events using cryptocurrency.
• Odds on price targetsAn odds-on price target is a bet that the market considers more likely to happen than not.
• Sports markets versus sportsbooks
• Prediction markets crypto explainedPrediction markets let people trade on the outcome of future events.
• P2P betting versus a bookmakerP2P betting removes the bookmaker as the counterparty to a bet.
• Decentralized betting and custodyA decentralized betting platform replaces a single operator holding your money with a set of smart contracts and a wallet you control.
• How a market settlesSettlement is the moment a prediction market turns an open position into a final outcome.