Thread by @moneyacademyKE

Prediction Markets Are Quietly Emerging in Kenya.

Here is how you can be part of it

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People make predictions every day, like in markets, elections, sports events, prices, and news, but there is no system to track or test those views, so when they are right or wrong, it goes unnoticed.

Now this is where prediction markets come in.

Now in Kenya, you can take advantage of this through a new approach called prediction markets.

A platform like @5050MarketsHQ has emerged to make it easier to take part in them.

This is how they have simplified everything.

First you just click on the link “” then after clicking you can simply choose a market, take a position on what you think will happen, and wait for the outcome.5050markets.com

You can choose events across different areas like finance, sports, politics, and even global news.

Each market reflects what people think is most likely to happen before the outcome is known.

If your prediction turns out correct and you placed a stake on it, you make money from it based on the outcome of the market.

If you are wrong, you lose your stake.

For example, if you think Bitcoin will go above $90,000 this year and you take that position, your result depends on the actual outcome.

If it goes above $90,000, you make money from your stake.

If it doesn’t, you lose your stake.