Last Updated: 2026-10-26
This overlapping introduction has been merged into How prediction markets work. The replacement follows one synthetic position from purchase through sale or settlement, distinguishes order-book quotes from payouts, and provides a paper journal before any funded use.
The earlier version's personal-return claims, universal access assurances and risk-free language were not supported by records supplied with the article. They are not retained as evidence. The revised guide explains the current-value risk of holding, partial fills, collateral and resolution limits without prescribing an income target.
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