The #1 question I get from people new to prediction markets is what should I be doing to make money. That’s no surprise given the way these platforms are advertising to people, but I think most understand there’s no free money here. Particularly those who have experience with sports betting. And so I think it’s important to be truthful about prediction markets as it’s far from easy money. Most people who trade them will lose, just like most sports bettors lose. If someone tells you otherwise, they’re selling something.
But if you have experience sports betting, and I’m guessing you do, prediction markets offer a few edges that genuinely don’t exist in the sportsbook world. I’ve spent the past six months researching and building tools for these markets, and these are the teachable strategies that actually hold up.…