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What is a prediction market?

A market where people trade on what will happen — and the price becomes the crowd's live probability. It's the sharpest forecasting tool ever built, and the fastest way to understand it is to play one. On tyca that costs exactly nothing: free coins, real markets, never real money.

A market, in one example

Will it rain in London tomorrow?

The 30-coin “Yes” price is the crowd saying: 30% chance of rain. Tap a side to see what taking that bet actually means.

Start with this

One idea explains everything

Price = probability. Every prediction market — real-money or play-money — runs on this single equivalence.

The price is a probability

A “Yes” share that costs 30 coins pays 100 if it happens. Traders only pay 30 for that if they think the chance is about 30% — so the price IS the crowd’s live estimate.

Trading moves the price

Think the crowd is too low? Buy, and the price rises. Too high? Sell, and it falls. Every trade is someone staking coins on their read — that pressure is what keeps prices honest.

News reprices in minutes

When something real happens — a goal, a poll, a announcement — traders react immediately. Markets usually move before the headlines finish writing themselves.

Ten-second read

The anatomy of a market

Six parts, always the same. Once you can read them, every market on every platform makes sense.

1

The question

Every market is one precise, checkable question with a deadline — “Will X happen by Y?” Vague questions make bad markets.

2

The options & prices

Each outcome has a live price in coins (= its %). All options together always sum to roughly 100.

3

Volume

How many coins have traded. High volume = many opinions in the price; thin markets are easier to doubt.

4

The close

Trading stops at close (kickoff, poll close, deadline). Until then you can buy or sell freely.

5

How it resolves

The stated source that decides the outcome — on tyca it is fixed and public before the first trade.

6

The payout

When it resolves, winning shares pay 100 coins each. Losing shares pay nothing. That’s the whole game.

The evidence

Why the price is usually right

Markets have out-forecast pundits and polls for decades — for reasons that are mechanical, not magical. And when they're wrong, that's a skill too.

Skin in the game

Pundits pay nothing for being wrong. Traders lose coins — so the confident-but-clueless get filtered out of the price over time.

Scattered knowledge, one number

Nobody knows everything, but everybody knows something. A market pays people to bring what they know into one price.

It updates instantly

A poll is a snapshot; a market is a livestream. The price at any moment reflects everything the crowd has learned so far.

…and sometimes wrong

Markets misprice things too — thin volume, longshot bias, herding. Reading WHEN to trust the price is exactly the skill you build by playing.

The smart first step

Learn with money that isn't money.

Real-money prediction markets are booming — and real tuition there is expensive. tyca is the same live exchange: moving prices, positions, order books, real settlement. The only thing missing is the risk. Learn the instincts here, free, with 5,000 coins that never touch a bank.

Speak market

The ten words that matter

Every term you'll meet on tyca (or anywhere else), in one line each.

ShareOne unit of an outcome. Pays 100 coins if that outcome wins, 0 if not.
PriceWhat one share costs right now — also the crowd’s % chance.
Market makerAn algorithm that always quotes a price, so you can trade instantly.
Order bookStanding offers from other traders to buy or sell at set prices.
PositionThe shares you hold in a market — your stake in the outcome.
ResolutionThe moment a market settles against its stated source.
VoidA cancelled market: everyone’s coins are refunded in full.
ParlayA stake on 2–5 outcomes at once — multiplied payout, all must hit.
Net worthCoins + the live value of your positions. The leaderboard metric.
SeasonA fresh monthly ladder — everyone restarts with equal coins.
Practice plan

Your first week

Four small steps from curious to calibrated. Most people are hooked by step two.

1

Day 1 — make one trade

Pick any market you have an opinion on and put 50 coins on it. You’ll understand prices better in one trade than ten articles.

2

Learn to sell

Buy something, watch the price move, and sell before it resolves. Locking a profit (or cutting a loss) is the half of trading nobody explains.

3

Go deep on one topic

Follow one category you actually know — your sport, your industry. Edges come from knowing something the crowd hasn’t priced yet.

4

Check your record

A week in, look at what you got right and wrong. Being honestly calibrated — not always right — is what the leaderboard really measures.

The lesson is one trade long.

5,000 free coins, live markets on everything, and a price that talks back. Class starts now.

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