For the uninitiated, in prediction markets, individuals who predict the correct outcome are rewarded with $1 per share, whereas those who guess incorrectly earn nothing. The price of a share indicates the perceived probability of an event; for example, a share priced at 32 cents implies a 32% likelihood of that event occurring. www.coindesk.com
For the uninitiated, in prediction markets, individuals who predict the correct outcome are rewarded with $1 per share, whereas those who guess incorrectly earn nothing. The price of a share indicates the perceived probability of an event; for example, a share priced at 32 cents implies a 32% likelihood of that event occurring.
www.coindesk.com
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