
The Roobet prediction markets platform is a place where you can trade on outcomes related to future events. To trade, you must buy event contracts for the outcome that you think will happen, while someone else must buy the opposite.
Most prediction markets offer binary event contracts with “Yes” or “No” answers. For example, if the question market were “Will Argentina win the next World Cup?”, you would buy “Yes” contracts if you thought they would win, and “No” if you thought they wouldn’t. You win money by making correct predictions and lose money by getting it wrong.
Prediction markets allow you to buy and sell event contracts on future outcomes, including sports, politics, and more. The event contracts are priced between 0.01 and 0.99 of the local currency that you choose to trade in.
While prediction markets don’t have their own dedicated welcome offer, you can still take advantage of the wider Roobet bonus offers.
The contract prices reflect the real-time probability of the outcome coming to pass. As you have to trade with equal counterparts, Roobet charges a small trading fee.
The advantage of this is that you get to see an accurate, real-time probability for each outcome. Unlike sports betting, the odds aren’t juiced or altered to protect Roobet’s profits.
The disadvantage of this is that you need an equal number of counterparts for a trade to happen; you may need to wait and risk the trade not happening at all. In simpler terms, if you buy 10 “Yes” contracts, someone else must buy 10 “No” contracts.
Once the prediction market is resolved following the conclusion of the event, the contacts for the correct prediction settle at 1.00 and the incorrect ones at 0.00. This gives you a profit if you made the correct prediction and a loss if you didn’t.
To give you an example of how these prediction markets work, let’s take the “Will Argentina win the next World Cup?” that we mentioned in the intro. This is how it might look:
| ⚽ Team | 📈 Probability | ✅ Yes | ❌ No |
|---|---|---|---|
| Argentina | 8% | 0.08 | 0.92 |
As Argentina has an 8% chance of winning in this example, the “Yes” contract is priced at 0.08 and the ” No ” at .92 to reflect the real-time market probability. If you bought “Yes” shares and Argentina went on to win the World Cup, you’d win a 0.92 profit on each one.
However, if they didn’t win, you would lose all of the money you spent on the contracts. That’s why prediction market trading is considered to be very risky.
You can find a more detailed analysis in our main Roobet review, but here is a summary of the pros and cons of prediction market trading on this site:
While sports prediction markets are undoubtedly the most popular, there are plenty of other future events that you can trade on at Roobet. Before we finish, here’s a rundown of the key categories:
In summary, Roobet’s prediction markets are based on a variety of future events and allow you to trade event contracts based on their outcomes. Though not all, most prediction markets have binary outcomes, meaning that you can trade “Yes” or “No” contracts. They cover sports, politics, crypto, economics, and multiple other types of events. However, just remember that prediction market trading is a high-risk activity.
If you want to know more about the site in general, read our full Roobet review.
Roobet now offers its users the chance to trade on prediction markets. Each prediction market offers at least two event contracts that you can buy and sell based on your predictions of future outcomes related to sports and other types of events.
Though not as comprehensive as the likes of Polymarket and Kalshi, Roobet is still a good option for prediction markets. The interface is very user-friendly, and there is a massive selection of markets provided and operated by Polymarket.
While both involve risking money for the chance to win or lose it by making correct predictions, prediction markets and sports wagering are not the same. With prediction markets, Roobet matches traders who must buy an equal number of contrasting event contracts for the trade to work. With sports betting, you just need to place your wager against the house.