Explainers
How Does Polymarket Make Money?
Polymarket lets people bet on real-world outcomes. Here is how the platform actually earns revenue, and why its business model is still contested.
prediction markets
Explainers
Is Kalshi Gambling? What the Law Actually Says
Kalshi lets people trade on whether real-world events will happen. Whether that counts as gambling depends on who is asking, and the answer is more settled than most people assume.
Explainers
Is Kalshi Legal in California?
Kalshi operates as a federally regulated exchange, which is why it treats its event contracts as legal nationwide. Several states, including California, disagree. Here is the state of play.
Explainers
When Does Prediction Market Trading Become Insider Trading?
Prediction markets let people bet on real-world outcomes. When someone with private knowledge places those bets, the rules get murky fast. Here is what is actually going on.
Explainers
Are Prediction Markets Legal? It Depends Where You Are
Prediction markets let people bet on real-world outcomes, from elections to interest rates. Their legal status is shifting fast, and the answer depends heavily on where you are and what you are trading.
Explainers
What Is an Event Contract? How Prediction Markets Work
Event contracts let people trade on whether a specific real-world event happens. Here is how they work, why they suddenly matter, and what remains legally unresolved.
Explainers
How Do Prediction Markets Work?
Prediction markets turn opinions about the future into tradable prices. Here is how they work, why they exist, and what remains legally unsettled.
Explainers
How Kalshi Works, From Order to Payout
Kalshi lets people trade contracts on the outcome of real-world events, from economic data to weather. Here is how the regulated exchange actually works, and why it matters.
Explainers
How Does Polymarket Work?
Polymarket lets people bet on the outcome of real-world events using cryptocurrency. This guide explains how it works, why it exists, and what remains legally unsettled.
Explainers
What Is a Prediction Market? How the Prices Work
Prediction markets let people trade contracts tied to real-world events. Here is how they work, why they exist, and what the prices actually tell you.
Explainers
Polymarket Volume Data: A Clear Guide
What polymarket volume data actually measures, where it lives onchain, and how to read it without being misled by wash trades, resolution spikes, or double counting.
Explainers
Kalshi Historical Data: A Practical Guide
What Kalshi historical data includes, how to pull it, and how traders and researchers use event contract records to backtest and study probability.