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.

Prediction Markets Explained: The Complete Beginner's Guide for 2026

What Is a Prediction Market, Exactly?

A prediction market is a trading market where the assets are binary outcome questions. "Will X happen by date Y?" — YES or NO. Each YES share is worth £1 if the event happens, and £0 if it doesn't. The current price of a YES share is the market's best estimate of the probability of the event. A YES share priced at 65p implies a 65% probability.

Your First Three Concepts

→Probability = Price: a 45p YES share means the market thinks there's a 45% chance this happens. You're betting on whether the true probability is higher or lower than 45%.
→Binary resolution: at closing date, the contract resolves. YES holders get £1. NO holders get £0. The intervening price movements are just the market updating its view.
→You don't have to hold to resolution: you can sell your YES share at any point before resolution. If you buy at 40p and the market moves to 60p, you can sell for a 20p profit without waiting for the outcome.

What Makes a Good First Market?

Start with a market where you have genuine knowledge. If you follow Premier League football closely, a match outcome or top-four finish market is where your edge lives. A technology policy market requires different expertise. The beginner's most common mistake is trading broadly and learning nothing — better to trade narrowly and develop calibrated opinions.

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Boromarket has a browse-by-category feature. Find the section closest to your genuine expertise. Your first five trades should all be in that category.