Learn How Polymarket Works

Understand prediction markets, prices, probabilities, fees, liquidity, resolution and risk.

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A plain-English introduction to Polymarket, Yes and No positions, prices and beginner limits.

Available

Follow one market from a Yes-or-No question to an order, a position and resolution.

Polymarket Fees Explained

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Which costs may apply and why they vary by market and order.

How Polymarket Prices, Odds and Probabilities Work

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How to read a price as an implied probability, not a certainty.

Polymarket Risks Explained

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Liquidity, loss, resolution, access and operational risks to consider.

How Polymarket Markets Are Resolved and Disputed

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How market rules, resolution and disputes affect the final outcome.

What Are Prediction Markets?

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How markets turn a question into a tradable probability.

Event Contracts Explained

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How an event contract settles when the stated outcome occurs.

How Yes and No Shares Work on Polymarket

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Why Yes and No prices move and what each share can pay.

How Polymarket Payouts Are Calculated

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How price, stake and outcome affect a positionโ€™s payout.

How the Polymarket Order Book Works

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How bids, asks and available orders shape a market price.

Liquidity, Spread and Slippage on Polymarket

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Why thin liquidity and wide spreads can change execution.

USDC, Polygon and Wallets on Polymarket

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How USDC, Polygon and wallets relate to Polymarket.

Is Polymarket Gambling or Trading?

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The practical differences between prediction markets and betting.

Is Polymarket Legal? Global Overview

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The questions to separate before drawing a country-specific conclusion.

Polymarket US vs Polymarket.com

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Why Polymarket US and Polymarket.com should not be treated as the same offer.

Polymarket Safety, Security and Common Scams

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Account safety, scams and the checks worth making before you act.

Whales, Market Manipulation and Price Distortion

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How large orders and thin markets can distort a displayed price.

Polymarket Market Categories Explained

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How political, sports, crypto and other market types can differ.

Polymarket Glossary

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Short definitions for the terms used across Polymarket markets.

Polymarket API Explained for Beginners and Developers

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What public Polymarket APIs can show and what they cannot do.

See the concepts in action

Explore live Polymarket prices and probabilities

Compare market prices, liquidity and outcomes directly on active Polymarket markets.

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