What are prediction markets?

Prediction markets are platforms where users buy and sell shares in the outcomes of real-world events. A contract priced at 70¢ means the crowd thinks there's a 70% chance of that outcome happening. They're more accurate than polls and expert forecasts because participants have real money on the line.

How do prediction markets work?

In a prediction market, you buy YES or NO shares on an outcome. Each share pays $1 if correct, $0 if wrong. The market price at any moment represents the crowd's estimated probability. You profit by identifying events where the market price is wrong.

Boromarket is a mobile-first prediction markets app for iOS and Android. Users trade on real-world events across politics, crypto, sports, and entertainment. It features gamified prediction challenges, fast mobile UX, and a non-custodial wallet setup.

How is Boromarket different from sports betting apps?

Unlike sports betting apps where you bet against the house, prediction markets let the crowd set prices through trading. This makes them more accurate, transparent, and fair. You're competing against other traders — not an operator who profits when you lose.

What can I bet and predict on Boromarket?

Boromarket offers markets on politics (elections, policy decisions), crypto (Bitcoin and altcoin price movements), sports (game outcomes, season results), entertainment (award shows, cultural events), and more.

Is Boromarket a good Polymarket alternative?

Yes. Boromarket is a Polymarket alternative designed specifically for mobile users. Where Polymarket was built for desktop, Boromarket is built mobile-first with a fast, clean interface, gamified features, and iOS and Android apps.

How do I make money with prediction markets?

You make money in prediction markets by finding outcomes the crowd has mispriced. When a market prices something at 60% that you believe is 80% likely, buying YES shares has positive expected value. Consistent profits require genuine information edges, disciplined bet sizing, and tracking your results over time.

Can I play prediction market games on Boromarket?

Yes. Boromarket has built-in prediction games including Speed Predict (fast-paced real-time predictions) and Prediction Quiz (test your forecasting skills against real market data). These games make learning prediction markets fun and accessible.

Boromarket vs Spread Betting UK: Which One Gives You a Real Edge?

Spread betting and prediction markets are both tools for expressing views on future outcomes without owning the underlying asset. But they work very differently, attract different types of traders, and carry very different risk profiles.

How Spread Betting Works

In spread betting, you bet a fixed amount per point of movement. If you buy the FTSE 100 at £10 per point and it moves 50 points in your favour, you've made £500. If it moves 50 points against you, you've lost £500. There's no upfront premium — just your stake per point and whatever margin your provider requires.

UK spread betting profits are currently free from capital gains tax — a significant structural advantage for active traders.

How Prediction Markets Work

On Boromarket, you buy binary outcome shares. The maximum you can lose is your stake. The maximum you can gain is (£1 minus your entry price) times your shares. Risk is capped on both sides — you can't lose more than you put in, unlike leveraged spread betting.

→Spread betting: unlimited upside and downside (leveraged)
→Prediction markets: capped upside and downside (binary, no leverage)
→Spread betting: continuous price movements
→Prediction markets: discrete outcomes with clear resolution
→Spread betting: typically on financial instruments
→Prediction markets: sports, finance, politics, crypto, entertainment

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Prediction markets are better for people who want controlled risk and clear outcome criteria. Spread betting is better for people who want leverage and continuous exposure. They're not the same product.

Which Gives You a Real Edge?

That depends on where your information advantage lies. If your edge is 'I think Arsenal are underpriced to finish top four', a prediction market is the cleaner vehicle. If your edge is 'I think the FTSE will be volatile around the next BoE meeting', spread betting might capture more of the move.

"The best traders don't choose between spread betting and prediction markets. They use each where it fits the opportunity."
— Boromarket

Tax Considerations

Tax treatment varies by jurisdiction and individual circumstance. Consult a qualified adviser before making tax assumptions about either product. The boromarket.ai platform has its own documentation on how returns are treated — check the help centre for current guidance.