
Prediction Markets Made Simple: The Complete Beginner's Guide to Polymarket and Kalshi
Author(s): Stephen Fields (Author)
- Publication Date: March 13, 2026
- Language: English
- Print length: 58 pages
- ISBN-10: B0GSHCQTVX
Book Description
Over $20 billion was traded on prediction markets in 2024. Most people have no idea this market even exists.
Prediction Markets Made Simple is the complete beginner's guide to Polymarket and Kalshi — the two platforms transforming how the world forecasts elections, economics, and world events.
What you'll learn:
- What prediction markets are and why they outperform polls, pundits, and traditional forecasting
- How to open accounts on both Polymarket (crypto-based) and Kalshi (CFTC-regulated)
- How contracts are priced, how to read implied probability, and how to spot mispriced markets
- The Superforecaster framework — the proven habits of the world's most accurate forecasters
- How to size positions intelligently using the Kelly Criterion
- Step-by-step walkthroughs of your first trade on both platforms
- A full Kalshi vs Polymarket comparison: fees, regulation, deposits, and best use cases
No crypto experience required for the Kalshi chapters. No finance background required for any of it.
Whether you're a curious investor, a news junkie who wants to put your predictions to work, or simply someone who wants to understand why prediction markets are considered the most accurate forecasting tool available — this book gives you everything you need to go from zero to your first informed trade.
Includes a bonus Quick Reference Sheet, a Glossary of key terms, and a complete platform comparison table.
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