Prediction market and games to participate
A market is a group of people engaged in buying and selling things. It can be physical items as in a grocery shop, financial materials in the stock market or services as in Uber. A prediction market works same as a physical market but the only difference is the thing that is bought and sold. Here, predictions are being bought and sold. It can be prediction games or more precisely, shares in predictions. Prediction market provides you with shares in the form an event result. It could be events like Fantasy games or whether Donald Trumph will continue as America’s next president and many like that. Prediction market has two kinds of shares; Yes and No shares. The payout of shares depends on whether a future event will occur or not. In a prediction market, ‘Yes’ share pays out a dollar when the event occurs and pays nothing when the event doesn’t happen. Likewise, ‘No’ share pays out money when the event does not happen and pays nothing if it does. The price of these shares is det...