Home › Glossary › Binary market (Yes/No market)
A binary market has two outcomes, Yes and No. The Yes and No prices add up to about $1, because exactly one of them pays out.
Most Polymarket questions are Yes/No markets; list markets, such as 'who will win', are built from one Yes/No market per candidate.
Multi-outcome market · Event contract · Market resolution
Most Polymarket questions are Yes/No markets; list markets, such as 'who will win', are built from one Yes/No market per candidate.
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