How do prediction markets work?

A market is a question with two outcomes, YES and NO.

• YES and NO prices always add up to ≈ $1 (100%).
• Buying YES at 40¢ costs $0.40 per share; if it wins you receive $1 (a $0.60 profit).
• You don't have to wait for resolution — you can sell a share anytime at the current price to lock in your result.

Prices move continuously as traders re-assess the probability of the outcome.