Question 1

How do politics prediction markets work?

Accepted Answer

Every market asks a clear question, such as whether a bill passes or an official leaves office by a set date. You buy Yes shares if you think it will happen and No shares if you think it will not, and you can sell them back at the current price at any time before the market closes.

Question 2

What does the percentage on a political market mean?

Accepted Answer

It is the last price of a Yes share, read as a probability: 35% means traders together give the outcome about a one-in-three chance. The price is set by buy and sell orders from users, not by OCTORAX, so it rises and falls as people react to polls, statements and leaks.

Question 3

How do payouts work and what is the smallest order?

Accepted Answer

A share of the correct outcome pays $1 when the market is settled, and a share of the wrong outcome pays nothing. The minimum order is 1 in shares, so a small first trade costs only that number of shares times the share price.

Question 4

How is a politics market settled?

Accepted Answer

Each market names its resolution source in the rules: usually official records, government announcements or consistent reporting by major news outlets. If nothing qualifying happens before the deadline, a “by this date” question resolves No.