
What Are Prediction Markets? A Beginner’s Guide
Prediction markets turn uncertain events into tradable prices. Learn how contracts, probabilities, trading, resolution, and risk fit together.
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Practical prediction-market explainers and step-by-step Hunch workflows.

Prediction markets turn uncertain events into tradable prices. Learn how contracts, probabilities, trading, resolution, and risk fit together.
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Learn how Polymarket shares, probabilities, order books, fees, and resolution work—and what to verify before placing a trade.
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Learn how to screen prediction markets using liquidity, bid–ask spread, open interest, volume, expiry, and executable price—then verify the contract before placing a trade.
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Learn how Limitless prediction markets work, why some use an order book while others use an AMM, and what Base, USDC, prices, fees, and settlement mean for a trader.
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Learn how to compare similar prediction markets across venues using contract rules, executable prices, liquidity, fees, funding, and order support—without confusing a venue choice with arbitrage.
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Learn why a sub-$1 YES-plus-NO price is only a gross arbitrage signal—and how contract matching, executable quotes, fees, liquidity, outcome mapping, and two-leg fill risk determine the real trade.
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A responsible workflow for researching large Polymarket wallets using P&L, volume, entry price, resolved history, recent activity, private notes, and execution context.
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Learn how to use holder distribution, tracked capital, minority positioning, exposure, and P&L to study conviction behind prediction-market prices without mistaking size for skill.
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A step-by-step guide to finding a Limitless market in Hunch, checking CLOB or AMM execution, funding USDC on Base, reviewing the quote, and verifying the resulting order.
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A step-by-step Hunch walkthrough: choose a market, select YES or NO, review price and payout estimates, sign in, fund, and confirm carefully.
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