News
Editorial coverage
Long-form analysis, regulatory updates and platform announcements from across the US prediction market landscape.
Beginner
What is a prediction market?
A plain-English guide to how prediction markets price the probability of real-world events.
7 min · July 2026
Beginner
How event contracts work
Yes/No contracts, settlement, premiums and what "a price of 62 cents" actually means.
8 min · July 2026
Legal
Are prediction markets legal in the US?
The CFTC, the states, and the live legal questions shaping access in 2025.
9 min · July 2026
Comparison
Prediction markets vs sportsbooks: the vig gap explained
Sportsbooks bake a 4.5–10% vigorish into every line. Regulated prediction markets typically charge under 2%. Here's what that means for your edge.
9 min · July 2026
Comparison
Prediction markets vs options trading
Binary event contracts share DNA with options. Here's where they overlap and where they diverge.
6 min · July 2026
Beginner
How to read prediction market odds
Reading a 47-cent Yes price, the spread, the order book and the implied probability.
5 min · July 2026