Futuur did not invent Prediction Markets — but we surely made them
better and more accessible to everyone.
This section explains the basic ideas, principles, and concepts related to prediction markets in general. Please read on to understand their goals, features, and building blocks, before you dive into Futuur to put it all into practice.
What is a prediction market?
How do prediction markets work?
How is the price or probability of an outcome determined in a prediction market?
How is prediction accuracy measured in prediction markets?
What is the Brier Score?
What are typical Brier Score values for good, bad, and excellent predictions?
What factors can affect prediction accuracy in markets?
How can participants improve their prediction accuracy?
Are there any limitations to prediction market accuracy?