Prediction Markets Made Simple: The Complete Beginner's Guide to Polymarket and Kalshi

Prediction Markets Made Simple: The Complete Beginner's Guide to Polymarket and Kalshi book cover

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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