Creating Markets

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Creating Your Own Market

Anyone can create a prediction market on Predicta. New markets go through an admin approval process before they go live.

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Overview: Creation to Live

1. Create — fill in the 4-step wizard
2. Submit — market enters PENDING_APPROVAL
3. Admin review — usually 24–48 hours
4. Approved → market becomes OPEN and visible to traders

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Getting Started

1. Click “Your Markets” in the sidebar
2. Click the “Create Market” button (top right)

Or navigate directly to /create-market.

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Step 1: Setup

Configure the core market details.

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Market Type

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Market Configuration

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Required Fields

• Market Title ✱ — a clear, question-based title (e.g. “Will Nigeria win AFCON 2026?”)
• Description ✱ — detailed explanation of resolution criteria
• Market Outcome Sources ✱ — sources used to confirm the outcome (e.g. official league website, BBC Sport)
• Category ✱ — Tech, Politics, Sports, Business, or World Events
• Ticker Symbol (optional) — link to a financial asset if relevant

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Live Preview

A real-time preview panel on the right side of the form shows exactly how your market will appear to traders — including the title, category, type, config, expiry, and outcomes. Click “Next” to move to Step 2.

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Step 2: Outcome Details

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Binary Markets

Outcomes are automatically YES and NO — just verify your question is clear and unambiguous.

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Multiple Outcome Markets

Add each possible outcome:

1. Click “Add Outcome”
2. Enter the outcome name (e.g. “Nigeria”, “Ghana”, “Ivory Coast”)
3. Repeat for each option
4. Each outcome gets its own YES/NO trading pair

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Step 3: Time Details

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Expiration Date

Set when the market closes (stops accepting trades). This must be before the actual event occurs.

• Give traders enough time to participate
• Don’t set expiry too close to the event (no time to trade)

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Series Market Schedule

For Series markets, configure:

• Regeneration frequency: Hourly, Daily, Weekly, Monthly, etc.
• Trading time windows: When each instance opens and closes
• Timezone: The timezone used for the schedule

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Step 4: Image

Upload a market image to make your market stand out.

1. Upload an image file (recommended: 1200×630px)
2. Use the built-in editor to crop and adjust
3. Preview how it will look on the market card

Image is optional but recommended — markets with images get more engagement.

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Review and Submit

Before submitting, review the preview panel to confirm all details are correct, then click “Create Market”. Your market enters PENDING_APPROVAL status. You can Reset Form at any point to start over.

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Tracking Your Markets

Go to “Your Markets” in the sidebar to manage all markets you’ve created.

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Tabs and Filters

Each tab shows the count of markets in that state.

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Market Status Badges

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Actions Per Market

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Editing Your Market

Only markets in Pending status can be edited:

1. Go to Your Markets
2. Find the market — click “Edit”
3. Make your changes
4. Save — the market stays in Pending (no re-approval needed for minor edits)

Once a market is Open or beyond, it cannot be edited.

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Determining the Outcome

When your market closes (Closed status):

1. Go to Your Markets → Finished tab
2. Click “Settle” on the market
3. Select the winning outcome(s)
4. Submit — the platform processes payouts to winning traders

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Market Creation Tips

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Writing Good Questions

• Be specific — “Will BTC exceed $100,000 by December 31, 2026?” not “Will crypto go up?”
• Be answerable — the outcome must be objectively verifiable
• Include context — help traders understand what they’re predicting
• State clear resolution criteria — how exactly will the winner be determined?

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Choosing Expiration Dates

• Close before the event, not after
• Leave at least 24 hours of trading time
• Account for timezones if the event is international

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Writing Descriptions

• Explain what you’re asking
• Provide relevant background
• State the resolution criteria clearly
• List your sources

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Next Steps