Prediction Markets Glossary: Terms Explained in Plain English
An A to Z of prediction market terms, from ask and bid to maker and taker fees, DCM and DCO registration, geofencing, preemption and the CFTC swap rules of October 2026.
Fed rates, inflation prints, GDP, recession odds — macro markets are where institutions are hedging.
Fed rates, inflation prints, GDP, recession odds — macro markets are where institutions are hedging. US traders can access these markets on Kalshi (CFTC-regulated, real USD, 47 states + DC) or Polymarket (CFTC-regulated US app, 49 states + DC). The example contracts below are illustrative of what trades in this category — check the exchange for live prices.
An A to Z of prediction market terms, from ask and bid to maker and taker fees, DCM and DCO registration, geofencing, preemption and the CFTC swap rules of October 2026.
Every Kalshi deposit and withdrawal method with its fee, timing and hold, taken from Kalshi's own help pages, plus why your balance and your withdrawable cash can differ.
Edge, bankroll, process. The unglamorous habits that separate winning traders from gamblers.
Contract prices, implied probability, expected value, and how to spot when the market is wrong.