
Prediction market where traders buy and sell shares on real-world events
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Polymarket is a prediction market where people trade on the outcomes of events, such as elections, economic data, sports results and news. Each question has prices that rise and fall with the crowd's view of how likely it is. A share pays out if the event happens, so the price works as a probability. Users deposit funds, usually in cryptocurrency, and place trades from the website. Because traders put money behind their opinions, the prices are used as a forecast by journalists and analysts. Availability depends on local laws.
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