How prediction market pricing works
In prediction markets, price and probability are basically the same thing. A contract trading at $0.62 implies a 62% chance. A contract at $0.25 implies a 25% chance. This makes prediction markets easy to compare with betting odds once you convert them properly.
Prediction price vs implied probability
A prediction market price is just implied probability written as a market price between $0.00 and $1.00. That means:
- $0.50 = 50.00% probability = 2.00 decimal odds
- $0.62 = 62.00% probability = 1.61 decimal odds
- $0.25 = 25.00% probability = 4.00 decimal odds
Why this calculator is useful
This helps you compare prediction markets with betting markets, understand whether a price looks rich or cheap, and translate percentages into familiar betting odds. It is especially useful for users switching between sportsbooks, exchanges, and prediction market platforms.