Contingency markets are markets where contracts are made to exchange funds contingent upon an event or combination of events or contingencies thereof. == Difference from prediction markets == Prediction markets are a subset of contingency markets and specialise in independent future events and are often exploited for the predictive side effect they produce.
Contingency markets are markets where contracts are made to exchange funds contingent upon an event or combination of events or contingencies thereof. == Difference from prediction markets == Prediction markets are a subset of contingency markets and specialise in independent future events and are often exploited for the predictive side effect they produce.
Source: Wikipedia "Contingency market" · CC BY-SA 4.0
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