Prediction Markets: A Beginner's Guide to Event Contracts, Probabilities, Risk, Returns, and the Real Purpose of Prediction Markets
Language: English
Published by Bounce Rank, 2026
- Softcover
- New
Seller: California Books, Miami, FL, U.S.A.California Books
AbeBooks seller since October 27, 2023
Condition: New
£ 27.41
Quantity: Over 20 available
Add to basketSeller Inventory # I-9798256286309
- Title
- Prediction Markets: A Beginner's Guide to Event Contracts, Probabilities, Risk, Returns, and the Real Purpose of Prediction Markets
- Author
- Clark, Roggie; Clark, Raj
- Publisher
- Bounce Rank
- Publication year
- 2026
- Condition
- New
- Binding
- Soft cover
- Language
- English
- ISBN 13
- 9798256286309
Prediction markets have rapidly gained attention as a new way for people to put money behind their expectations about what will happen in the real world. From elections and economic indicators to sports, technology, and other measurable events, these markets allow participants to trade contracts based on whether a particular outcome will occur.
But what are you actually buying?
And perhaps more importantly, is participating in a prediction market really investing, or is it simply another form of speculation or gambling?
Prediction Markets: Investing, Speculation, or Gambling? provides a beginner-friendly introduction to how prediction markets and event contracts actually work, without assuming that participating in them is automatically a smart financial decision.
Readers will learn how prediction market prices can represent implied probabilities, why contract prices change as new information becomes available, how winning and losing positions are settled, and where potential profits and losses come from. The book also explores concepts such as market liquidity, probability, expected value, information advantages, risk, fees, and market efficiency in straightforward language.
Just as importantly, this guide examines the bigger question behind prediction markets: What is the point of putting money into them in the first place?
Rather than presenting prediction markets as a replacement for traditional investing, the book explores the different reasons people participate, including speculation, hedging, expressing a view about an outcome, testing their forecasting ability, and attempting to profit from perceived mispricing.
The book also examines the similarities and differences between prediction markets, traditional financial markets, sportsbooks, and other forms of wagering. Readers will be encouraged to consider not only how much they could potentially make, but also whether the risk and reward make sense compared with simply keeping their money or using it elsewhere.
Whether you are curious about prediction markets, considering trading event contracts, or simply want to understand why these markets have become so popular, this guide provides a practical and balanced starting point.
"Synopsis" may belong to another edition of this title.
California Books
Miami, FL, U.S.A.
AbeBooks seller since October 27, 2023
Shipping rates within U.S.A.
| Item | 3 to 7 business days | 2 to 5 business days |
|---|---|---|
| First item | £ 0.00 | £ 8.87 |
Payment methods
Store description
We have 20 years experience selling books worldwide! Friendly customer support. Your satisfaction guaranteed!
Specialty
All authorized categoriesSeller's business information
Miramar International Services LLC
Right of withdrawal
If you are a consumer you can withdraw from the contract in accordance with the following. Consumer means any natural person who is acting for purposes which are outside his trade, business, craft or profession.
Information regarding the right of withdrawal
Statutory right to withdraw
You have the right to withdraw from this contract within 14 days without giving any reason.
The withdrawal period will expire after 14 days from the day on which you acquire, or a third party other than the carrier and indicated by you acquires, physical possession of the last good or the last lot or piece.
To exercise the right of withdrawal, electronically fill in and submit a clear statement on our website, under "My Purchases" in "My Account". We will communicate to you an acknowledgement of receipt of such a withdrawal on a durable medium (e.g. by e-mail) without delay.
To meet the withdrawal deadline, it is sufficient for you to send your communication concerning your exercise of the right of withdrawal before the withdrawal period has expired.
Effects of withdrawal
If you withdraw from this contract, we will reimburse to you all payments received from you, including the costs of delivery (except for the supplementary costs arising if you chose a type of delivery other than the least expensive type of standard delivery offered by us).
We may make a deduction from the reimbursement for loss in value of any goods supplied, if the loss is the result of unnecessary handling by you.
We will make the reimbursement without undue delay, and not later than 14 days after the day on which we are informed about your decision to withdraw from this contract.
We will make the reimbursement using the same means of payment as you used for the initial transaction, unless you have expressly agreed otherwise; in any event, you will not incur any fees as a result of such reimbursement.
We may withhold reimbursement until we have received the goods back, or you have supplied evidence of having sent back the goods, whichever is the earliest.
You shall send back the goods or hand them over to California Books, Fort Wayne, Indiana, U.S.A., without undue delay and in any event not later than 14 days from the day on which you communicate your withdrawal from this contract to us. The deadline is met if you send back the goods before the period of 14 days has expired. You will have to bear the direct cost of returning the goods. You are only liable for any diminished value of the goods resulting from the handling other than what is necessary to establish the nature, characteristics and functioning of the goods.
Exceptions to the right of withdrawal
The right of withdrawal does not apply to:
- The delivery of newspapers, journals or magazines with the exception of subscription contracts; and
- The supply of digital content which is not supplied on a tangible medium (e.g. on a CD or DVD) if you accepted when you placed your order that we could start to deliver it, and that you could not withdraw once delivery had started.