Handbook

Perspective

The handbook's labeled view on how to approach prediction markets, backed by its data. Every perspective guide in the handbook.

• Why New Prediction Market Traders Should Start as Makers

  Our view is that most new prediction market traders are better served by resting limit orders, which make them the maker, than by taking. Takers pay up to 1.75¢ per contract on Kalshi and 2.38¢ on Polymarket US, makers usually pay nothing, and a Kalshi study found makers averaged minus 9.64% against minus 31.46% for takers.