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.

UK Unemployment 2026: Labour Market Prediction Markets Explained

UK unemployment data is the Bank of England's most closely watched labour market indicator — and therefore one of the most important series for UK macro prediction markets. The monthly ONS Labour Force Survey provides the official unemployment rate; the claimant count provides a more timely (though different) measure.

UK Labour Market Market Types

Labour market prediction markets include: 'Will UK unemployment rise above 5% in 2026?', 'Will UK average earnings growth fall below 4% before year end?', and 'Will the UK claimant count exceed 1.5 million in Q2 2026?'. Each resolves against official ONS data releases.

Key Labour Market Variables

→ILO unemployment rate (3-month rolling) — official headline measure
→Claimant count (JSA + Universal Credit job seekers) — more timely but methodologically different
→Average earnings growth (total pay and regular pay) — critical for inflation outlook
→Vacancies (ONS) — leading indicator of labour market direction
→Economic inactivity rate — post-COVID labour market remains unusual here

Why Labour Market Markets Matter

Bank of England rate decisions in 2026 are heavily influenced by wage growth and labour market tightness. Prediction markets on UK unemployment feed directly into rate decision markets — a rising unemployment rate makes rate cuts more likely, which affects BoE rate markets and housing market predictions simultaneously.

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UK labour market data quality issues are real — the ONS has repeatedly flagged methodological problems with the LFS since 2022. Claimant count data is more reliable but covers a different population. Understand which series your prediction market resolves against before entering a position.

The 2026 Labour Market Landscape

Heading into 2026, UK unemployment was rising gradually from near-historic lows — but still below 5%. The trajectory matters more than the level for prediction market positioning. A rising unemployment trend keeps rate cut probability elevated and makes any employment-conditional BoE guidance less restrictive.

"UK labour market prediction markets are the closest thing to a real-time economic sentiment gauge. Follow them weekly and you'll understand the BoE outlook better than most economists."
— Boromarket