What is Polymarket?
Polymarket is the world's largest prediction market where you bet on real-world events.
How Prediction Markets Work
Instead of betting against a house, you trade shares that pay out based on outcomes:
| Share Type | Pays Out When |
|---|---|
| YES | The event DOES happen → $1.00 per share |
| NO | The event DOESN'T happen → $1.00 per share |
The share price (e.g., $0.65) represents the market's probability (65% chance).
Example: Presidential Election
Market: "Will Biden win 2024 election?"
| If You Buy | At Price | And He Wins | You Get |
|---|---|---|---|
| 100 YES | $0.40 each ($40 total) | Yes | $100 (profit: $60) |
| 100 YES | $0.40 each ($40 total) | No | $0 (loss: $40) |
Why Polymarket Matters
| Advantage | Description |
|---|---|
| Better than polls | Markets often predict better than traditional polling |
| Real money | Skin in the game = more honest predictions |
| Real-time | Prices update instantly as news breaks |
| Wide coverage | Politics, sports, crypto, entertainment, world events |
How Polyfollow Fits In
You can manually trade on Polymarket OR use Polyfollow to automatically copy expert traders.
| Manual Trading | Copytrading with Polyfollow |
|---|---|
| Research markets yourself | Experts research for you |
| Watch 24/7 for opportunities | Auto-execute 24/7 |
| Learn through trial & error | Learn from successful traders |
Important to Know
- Polymarket is real money (USDC)
- You can lose your entire investment
- Markets can be volatile
- Past performance doesn't guarantee future results