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Market Types Overview

Predicta supports three types of markets, each designed for different prediction scenarios. Understanding these types helps you choose the right markets to trade — and create.

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Binary Markets

Binary markets are the simplest form of prediction markets, focusing on yes/no outcomes.

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Characteristics

  • Two possible outcomes: YES or NO
  • Simple price structure: YES price + NO price = 100
  • Clear resolution criteria: Easy to understand and resolve
  • High liquidity potential: Simple structure attracts more traders

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Example

Market: “Will Bitcoin reach $100,000 by December 2025?”
  • Buy YES shares if you think it will
  • Buy NO shares if you think it won’t
  • Prices always add up to 100

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Use Cases

  • Event-driven questions — policy decisions, product launches, election results
  • Short-duration markets that benefit from tight spreads
  • Great for beginners due to their simplicity
Binary markets are perfect for beginners — they’re easy to understand and trade.

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Multi-Outcome Markets

Multi-outcome markets allow for multiple possible outcomes, each with its own independent YES/NO trading.

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Characteristics

  • Multiple conditions: Several outcomes to choose from
  • Each outcome has YES/NO options: Trade on each condition independently
  • More opportunities: More assets to trade across a single event
  • Independent resolution: Each condition resolves separately

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Example

Market: “Which tech company will launch a major AI product in 2025?”
  • Apple: YES/NO
  • Google: YES/NO
  • Microsoft: YES/NO
You can trade on any or all of these conditions simultaneously.

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Use Cases

  • Comparing several competing outcomes (teams, candidates, products)
  • Events where multiple things can happen independently
  • Hedging strategies across related outcomes
In multi-outcome markets, you can hold positions in multiple outcomes at the same time.

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Series Markets

Series markets automatically regenerate after each instance resolves. They create recurring trading opportunities on a schedule.

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Characteristics

  • Automatic regeneration: Creates new market instances on a set schedule
  • Configurable intervals: Hourly, daily, weekly, monthly, or custom
  • Historical tracking: See performance across all past instances
  • Continuous presence: The market stays active indefinitely
  • Inherited parameters: Each new instance uses the same rules and resolution criteria

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Example

Market: “Will Bitcoin close above $50,000 today?”
  • A new market is created every day
  • Each day is a separate trading opportunity
  • Historical data shows how the market has resolved in the past

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Use Cases

  • Rolling indicators — daily price levels, weekly stats
  • Recurring events — weekly sports results, monthly economic data
  • Community predictions that benefit from a consistent history

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Regeneration Schedules

  • Hourly: New market every hour
  • Daily: New market every day
  • Weekly: New market every week
  • Monthly: New market every month
  • Custom: Custom schedule with specific start/end windows
Series markets are great for developing repeatable strategies — you can refine your approach across multiple instances of the same question.

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Choosing the Right Market Type

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For Beginners

Start with Binary Markets — they’re the simplest to understand and trade.

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For Advanced Traders

  • Multi-Outcome: When you want to trade on multiple related conditions.
  • Series Markets: When you want to trade on recurring events (can be Binary or Multi-Outcome).

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Market Comparison

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Market Lifecycle

All market types go through the same lifecycle:
  1. PENDING_APPROVAL → Waiting for admin approval
  2. OPEN → Active trading
  3. CLOSED → Trading stopped
  4. LOCKED → Locked for resolution
  5. COMPLETED → Outcome determined
  6. SETTLED → Payouts processed

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Next Steps

Understanding Prices

Learn how prices work in different market types.

Start Trading

Learn how to trade on these market types.

Create Your Own Market

Create a market of any type.