Prediction Market Glossary

Core terms

Event: a question whose outcome can be verified from public information after a defined time.

Outcome: a possible result, often Yes or No.

Probability: a 0–100% expression of belief, not a guarantee.

Volume: cumulative value traded in a market; the home page shows it only when a reliable source is available.

Liquidity: the ability to transact without moving the price sharply.

Spread: the gap between the best buy and sell quotes.

Resolution: confirming the final result under the event rules and named sources.

Strategy reference: system-generated changes in outlook, not real user bets or trades.