Glossary
Prediction market glossary
Use this glossary to understand common terms before reading live event-market probabilities.
Independent educational content. Not financial, betting, legal or trading advice. Always review platform rules and local availability.
Core terms
- YES price: the displayed price for a YES outcome, often read as approximate implied probability.
- Implied probability: the rough percentage suggested by a market price.
- Liquidity: how much can be traded without moving the price too much.
- Spread: the gap between the best buy and sell prices.
- Resolution: the final decision about whether the event happened.
Why glossary pages matter
Searchers often arrive with one term in mind. Clear definitions help them move from education to the calculator or topic hubs safely.
Useful next step
Use the implied probability calculator or compare related topic hubs before opening any live market.