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In the prediction market, each event is like a stock, where you can buy "will happen (YES)" or "will not happen (NO)". For example, "Will the Ripple ETF be approved in 2025?" If the price on the "YES" side is $0.88, it means the market believes there is an 88% probability that it will be approved.
When you see the price is $0.70, it actually tells you: "We bettors think there's a 70% chance this will happen, and if you don't believe it, come and bet against us."
This makes prediction markets very interesting - it's not about who talks the loudest, but who expresses themselves more truthfully with money.
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