Category: AI & Forecasting
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How to Analyze Odds and Probabilities in Prediction Markets
If you’ve ever looked at a prediction market and wondered why one outcome is trading at 72% while another sits at 28%, you’re not alone. At first glance, those numbers seem straightforward. Higher percentage means more likely. Lower percentage means less likely. That’s true, but it’s only part of the story. What those probabilities really…
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Prediction Markets vs Betting: What’s the Difference?
There’s a funny thing that happens whenever prediction markets come up in conversation in Kenya. Someone usually says, “So basically betting?” Then another person says something about Aviator or Premier League accumulators and the discussion drifts off into odds and last-minute goals. It happens a lot. Probably because both systems involve uncertainty, probabilities, and people…
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