What is a prediction market?
A plain-language intro: markets where the price of an outcome IS the crowd's estimate of its probability.
The one-sentence version
A prediction market lets people trade contracts on the outcome of a real-world event — an election, a game, a Fed decision — and the price of each outcome reflects the crowd's collective estimate of how likely it is.
Price is probability
If a market's “Yes” is trading at 65¢, the crowd thinks there's about a 65% chance the event happens. A contract pays out 1.00 if it resolves Yes and 0.00 if No, so the price naturally settles near the implied probability.
Why anyone cares
Because real money (or real stakes) is on the line, prediction-market prices tend to be well-calibrated forecasts — often more accurate than pundits. PredictionHub is a neutral, read-only aggregator: we show these odds across every major venue, with no trading and no accounts required.