What is a Prediction Market? A Beginner's Guide for 2026
A 65% Trump price three weeks before the polls caught up. How prediction markets work, why they beat polls, and where they're going next.
Forecasting analysis, market intelligence, and guides in English.
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A 65% Trump price three weeks before the polls caught up. How prediction markets work, why they beat polls, and where they're going next.
A 1906 ox, 787 strangers, and a 1-pound miss. The forgotten experiment that explains why Thai GDP forecasts keep missing — and what to trust instead.
In 1988, three economics professors set up a market with $5 stakes. It outperformed Gallup, the New York Times, and CNN. The story of how prediction markets actually started.
The best forecasters in the world don't have higher IQs. They have a daily habit. Here's the habit, the template, and the math that proves it works.
If you can read a price, you can read a probability. The whole skill is in understanding that 47¢ is not a guess, a hope, or a hot take — it's an aggregate.
When the Fed announces, the dollar moves before the words finish. Not because of magic — because of mechanism. A primer on how price discovery actually works.
Robinhood had 1 million sign-ups before its app went live. The mechanism wasn't marketing — it was scarcity engineered into a waitlist. Juno is doing the same thing. Here's why it works.
Before he died in March 2024, Kahneman left a final insight: confidence is not accuracy. It's also the entire reason prediction markets beat experts.
The SET ended 2024 below where it started. Asia Plus, KGI, Bualuang, Phillip — none of the big year-end targets came close. Why local brokers herd, and what to read instead.