What Is a Prediction Market? From Event Probability to YES/NO Tradi…

Updated: 2026-06-28 · Author: HiYesNo Editorial Team · Type: Academy article

A prediction market is a market built around the outcome of a future event. YES/NO prices help users observe how participants estimate the probability of that event.

HiYesNo learning content explains concepts, rules, and risks, but no market price should be treated as a guaranteed result.

Key points

  • Prediction markets focus on verifiable events.
  • YES/NO prices can be read as probability references.
  • Rules, liquidity, and settlement sources matter.

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