- Yes pays $1 if the event happens
- No pays $1 if the event does not happen
Buying Yes vs Selling No
Buying Yes and selling No express the same view:- Buying Yes means you think the event will happen
- Selling No means the same thing — you expect the event to happen
Shorting is covered in the Advanced lane. See the Shorting chapter for details.
Prices Always Add Up to $1
Yes and No prices always add up to $1. If Yes trades at $0.70, No trades at $0.30. These prices reflect the market’s implied probability of each outcome.Key Points
- Buying Yes and selling No express the same view
- The winning side pays $1 and the losing side settles at $0
- Yes and No prices always add up to $1
- Choose the side you prefer