How do Polymarket prices work?
Polymarket prices represent probability assessments by the market. 70 means 70% probability of that outcome.
99 (never exactly 0 or 1). Price discovery - Prices change based on supply and demand. Buying pressure - More buyers than sellers pushes price up.
Selling pressure - More sellers than buyers pushes price down. Influencing factors: News and events - Major news affects prices. Trading volume - High volume markets have more stable prices.
Information - New information changes market probabilities. 50 = 50% probability (even odds). 80 = 80% probability (likely).
20 = 20% probability (unlikely). 65.