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List of Prediction Markets at 2025

Get review of TOP Web3 prediction markets from USA and world companies.

Best prediction markets, event markets, decentralized prediction markets, reviews of the best site for political betting here.

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Crypto

Evetm

Markets: SportsExport

8.3 Superb

Community-drivenLow feesBroad range of markets

No community-drivenHi fees

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Welcome to Polimarketstore – Crypto Prediction Markets

Powerful, self-serve product and growth analytics to help you convert, engage, and retain more users. Trusted by over 4,000 startups.

Crypto prediction markets are online trading platforms where users can bet on the likelihood of future events using cryptocurrency. These markets use smart contracts to ensure fair and automated settlements. Unlike traditional betting platforms, decentralized prediction markets are trustless, with no central authority to oversee transactions.

Users can trade on sports, elections, financial trends and even weather. As the final outcome of an event is determined smart contracts execute payouts.

Benefits of Web3 Prediction Markets

Decentralized prediction markets have several advantages over traditional, centralized alternatives:

Transparency – All transactions and trades are recorded on the blockchain, fully auditable and immutable.
Security – Smart contracts ensure automated, tamper proof payouts without third-party intervention.
Accessibility – Anyone with an internet connection and a crypto wallet can participate, global.
Decentralization – No central authority controls the platform, reduces censorship risks and allows permissionless trading.
Higher Liquidity – Decentralized markets attract liquidity providers who earn fees for maintaining an active market.

How do Web3 Prediction Markets work?

These markets work through decentralized protocols where users buy and sell shares in event outcomes. The price of a share fluctuates based on supply and demand, the probability of a particular event occurring.

The key components of a Web3 prediction market are:

Liquidity pools – Users provide liquidity to trade, earn fees.
Decentralized exchanges (DEXs) – Platforms where users can trade shares in event outcomes.
Smart contracts – These automate transactions, ensuring trustless execution and payouts.
Oracles – External data sources verify event outcomes and trigger contract settlements.

History of Prediction Markets in Crypto

Prediction markets have been around for decades in financial and sports betting industries. But centralized control limited their growth due to regulatory and trust issues.

With the rise of blockchain, prediction markets found a new decentralized model. Augur, launched in 2015, was one of the first to use Ethereum smart contracts for decentralized event betting. Over time Gnosis and Polymarket improved on the model, introducing better liquidity mechanisms and user friendly interfaces.

Today these platforms cover a wide range of topics including cryptocurrency price movements, real-world events and politics. Growth of decentralized exchanges (DEXs) and automated market makers (AMMs) has made them more efficient and attractive to traders.

Frequently Asked Questions About Polymarket’s Competitors:

Enter the future of forecasting with our Web3 Prediction Market with PolimarketStore experts! This FAQ will walk you through the power of decentralized predictions where transparency meets opportunity. Learn how you can trade on real world outcomes, use blockchain and be part of a trustless system that rewards insight.

Is a decentralized prediction market legit?

Yes, decentralized markets are legal in many jurisdictions. But regulations vary by country. Some governments classify them under financial derivatives or gambling laws while others allow them as free market platforms. It’s recommended to research the legal framework in your region before participating.

How does a prediction market make money?

Prediction markets make money through trading fees, liquidity incentives and governance models. Users profit by being correct, platforms charge a small percentage on each trade.

As Web3 markets mature they will allow individuals to trade knowledge and insights and contribute to a more decentralized and efficient forecasting system.

Are decentralized prediction markets safe?

These markets are generally safe due to blockchain and smart contract automation. But risks include:

Smart contract bugs – Well designed contracts can have vulnerabilities.
Market manipulation – Low liquidity markets are more prone to price swings.
Regulatory uncertainty – Some governments may restrict these platforms.To be safe users should choose audited platforms and avoid highly speculative markets.

Who are the main competitors on Web3 Prediction Markets?

The main competitors: Polymarket, Blocksports, DuelNow, Venue One, IBetYou, and Kutt.