
Liquidity and Spreads: The Hidden Cost of a Prediction
A market's headline probability leaves out the price, quantity, and timing assumptions that determine what an order could actually receive.
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Original guides to prediction markets, the platforms behind them, and the APIs and AI tools reshaping the conversation.

A market's headline probability leaves out the price, quantity, and timing assumptions that determine what an order could actually receive.
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Design a research agent that preserves evidence, separates observations from inference, and lets a reviewer reconstruct every published forecast.
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A practical framework for evaluating prediction bots without confusing an impressive simulation with a reliable trading system.
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A convincing explanation is only the beginning. Learn how to record forecasts, calculate Brier scores, and test calibration without hindsight.
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Give AI a defined research task, a dated evidence set, and a reviewable output before asking it for a probability.
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Build a research dataset you can explain: preserve contract rules, distinguish prices, track timestamps, and make missing data visible.
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Compare the same question across platforms by examining contract meaning, evidence, timing, prices, and the quality of your data.
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A careful reading method for Kalshi event contracts, from thresholds and source documents to deadlines and order book observations.
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Explore the relationship between events, outcome tokens, executable prices, and the rules that determine a Polymarket result.
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Learn what an event contract measures, how to read a market price, and why the resolution rules deserve your first look.
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