How do Polymarket bets work?
Polymarket is a prediction market where you bet on the outcome of future events. ) and choose a question you want to bet on.
Understanding prices - Each outcome has a price between $0 and $1 (displayed as a percentage). 70 means 70% probability of that outcome. Buying shares - You buy shares in your predicted outcome.
If correct, each share pays $1. If wrong, your shares are worth $0. Market resolution - When the event resolves, winners receive $1 per share, losers receive nothing.
Trading - You can buy and sell shares at any time before resolution, allowing you to profit from changing probabilities or close positions. Liquidity - Markets have varying liquidity levels that affect how easily you can enter/exit positions. 60 for a share.
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