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Prediction markets explained

What are prediction markets?

Prediction markets turn future events into clear questions. A market price shows the crowd's current probability, and the result is settled against a source named in the rules.

Start here what are prediction markets

New users who need the concept explained before opening live Nordic markets.

Open live markets Explore Denmark

The simple version

If a Yes price is 64, the market is roughly saying the event has a 64 percent chance. If new information arrives, users trade and the price can move.

Explore by country and topic

Jump from this page into the country and category pages people most often use to follow politics, economy, sport, culture and market education.

Learn prediction markets Prediction markets vs odds Learn the difference between prediction markets, bookmaker odds, polls and forecasts, with Nordic examples from politics, economy, sport and culture. Learn prediction markets Forudsigelsesmarkeder Dansk guide til forudsigelsesmarkeder i Danmark: folketingsvalg, regering, statsminister, boligpriser, inflation, sport, vejr og kultur på NordCast. Learn prediction markets How to read prices Learn how NordCast market prices work, why prices are shown as probability points, and how to read Yes, No, spread, volume and price movement. Learn prediction markets Settlement rules How NordCast uses official sources, deadlines, early settlement and corroborating news to resolve Nordic prediction markets clearly.

Why markets can be useful

A prediction market compresses many views into one number. It does not guarantee truth, but it gives readers a live signal that can change as evidence changes.

Why NordCast focuses on the Nordics

Local questions are often missing from global platforms. NordCast starts with Denmark, Sweden and Norway because those markets need local sources and local-language pages.

Live NordCast markets

These linked contracts give search visitors something useful immediately: a real market question, a current price snapshot, a deadline, and a source.

Updated 22 August 2026
Denmark · Government

Will Mette Frederiksen remain prime minister after the next government is formed?

99 Yes 1 No

DKK 5.1M · closes Jun 30, 2026 · source: Statsministeriet

 Denmark · Real estate

Will Danish one-family house prices rise at least 6% YoY in Q1 2026?

61 Yes 40 No

DKK 5.6M · closes May 25, 2026 · source: Statistics Denmark EJ5

 Sweden · Politics

Will Magdalena Andersson become Sweden's prime minister after the 2026 election?

47 Yes 54 No

SEK 4.9M · closes Sep 30, 2026 · source: Regeringen

 Norway · Economy

Will Norges Bank cut its policy rate before year-end 2026?

58 Yes 43 No

NOK 3.6M · closes Dec 31, 2026 · source: Norges Bank

 Global · Formula 1

Will Kimi Antonelli win the 2026 F1 Drivers' Championship?

55 Yes 46 No

DKK 4.8M · closes Dec 6, 2026 · source: F1 official driver standings

 Denmark · Culture

Will Denmark finish in the Eurovision top 10 in 2026?

36 Yes 65 No

DKK 2.1M · closes May 16, 2026 · source: Eurovision official results

How to use this page

1. Read the question

A good market says exactly what must happen and by when.

2. Check the source

Official sources should settle the outcome before news commentary does.

3. Compare the price

Prices are probability-style signals, strongest when volume and activity are high.

FAQ

What is a prediction market?

A market where users take positions on whether a future event will happen.

What is an event contract?

A yes-or-no contract tied to a specific future outcome and settlement rule.

Can a market price be wrong?

Yes. It is a live crowd signal, not a guarantee.

Keep exploring NordCast

NordCast is a Nordic-first public alpha for prediction markets. Use the country hubs, topic pages and live market cards to move from a broad question into a specific contract.

Denmark Danmark hub Danmarks NordCast-hub for prediction markets, folketingsvalg odds, statsminister odds, boligpriser, inflation, earnings, sport, vejr og kultur. Sweden Sverige hub Sveriges NordCast-hub for riksdagsvalet 2026 odds, svensk politik, Riksbanken, inflation, bolag, sport, väder och kultur. Norway Norge hub Norges NordCast-hub for norsk politikk odds, statsminister, Norges Bank, inflasjon, boligpriser, sport, vær, kultur og selskaper. Europe and platform alternatives European prediction markets European prediction markets for politics, economy, sport, weather, culture, and earnings, starting with Denmark, Sweden, Norway and the Nordics. Politics and elections Nordic politics odds A Nordic politics hub for Danish, Swedish and Norwegian election odds, prime minister markets, government formation and coalition probabilities. Economy, rates and housing Nordic economy forecasts Nordic macro prediction markets for inflation, central bank rates, GDP, housing, public finances and official economic releases. Sport and Formula 1 Nordic sports markets Sports prediction markets for Nordic football, Tour de France, Formula 1, winter sports and major international events with Nordic interest. Culture and Eurovision Nordic Eurovision odds Eurovision and national-final prediction markets for Denmark, Sweden, Norway and broader Nordic music outcomes. Learn prediction markets Prediction markets vs odds Learn the difference between prediction markets, bookmaker odds, polls and forecasts, with Nordic examples from politics, economy, sport and culture.
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