Skip to content

Latest commit

 

History

History
80 lines (67 loc) · 3.49 KB

manifold-info.md

File metadata and controls

80 lines (67 loc) · 3.49 KB

Manifold is the world's most popular prediction market website.

Manifold lets you bet on upcoming events using play money. As other users bet against you, it creates a probability of how likely the event will happen—this is known as a prediction market. Bet on current events, politics, tech, and AI, or create your own market about an event you care about for others to trade on!

Our mission: Provide the most accurate, real-time predictions on any event. Combat misleading news by incentivising traders to be fast and correct. Help people make more informed decisions by improving their model of the future.

  1. Basics and How It Works:

    • Prediction markets allow betting on future event outcomes.
    • Prices of shares represent the probability of events occurring.
    • Anyone can create markets on any topic.
    • Manifold uses play-money (mana) instead of real currency.
    • The platform has proven to be effective at forecasting, despite not using real money.
  2. Using Manifold:

    • Users start with 200 mana for free.
    • Mana can be used to bet, create markets, and promote questions.
    • Prize points can be earned and converted to mana or donated to charities.
    • Users can earn mana through correct predictions, successful trades, creating popular markets, completing quests, and referring friends.
  3. Types of Questions:

    • Personal (fun wagers, recommendations, accountability goals)
    • News and current events
    • Politics, sports, economics
    • Impactful causes and research
    • Project management
  4. Best Practices for Creating Markets:

    • Set clear resolution criteria
    • Include a resolution date
    • Write an engaging description
    • Add the market to relevant topics/groups
    • Share your own opinion
    • Promote your market
    • Subsidize your market for increased activity
  5. Tips for Becoming a Good Trader:

    • Find inaccurate probabilities
    • React quickly to news
    • Buy low, sell high
    • Create innovative answers in free response markets
    • Sort markets by close date or newest
    • Follow successful traders
  6. Market Resolution:

    • Market creators resolve their own markets
    • Resolution should be timely and based on predetermined criteria
    • Options include Yes/No, Partial, or multiple choice resolutions
    • N/A resolution (market cancellation) is limited to moderators
  7. Market Mechanics:

    • Prices and probabilities are determined by trader activity
    • Users buy shares of outcomes, with each correct share worth 1 mana at resolution
    • Manifold uses a combination of limit orders and automated market maker
    • Limit orders allow betting at specific probabilities
    • Liquidity pool affects market stability and tradability
  8. Payouts and Loans:

    • Payouts are calculated based on the number of shares owned
    • Loans (now deprecated) used to provide daily returns on bet amounts
  9. Miscellaneous:

    • Users can donate to various charities using prize points
    • Customizable notification settings
    • Account deletion process explained
    • Content moderation policy and reporting process outlined
    • Official API available
  10. Unique Features:

    • Largest range of prediction topics due to user-generated content
    • Free to play with prizes available in select regions
    • Community-driven question creation and resolution
  11. Fair Play and Dispute Resolution:

    • Community guidelines enforce fair play
    • Disputes can be reported to moderators for review
    • Markets may be re-resolved in cases of abuse, misresolution, or technical failures