Roobet prediction markets contain event contracts for future outcomes that you can buy and sell. If you buy contracts for a correct prediction, you could win money, and if not, you lose money. That’s the risk you take.
For example, if you thought that Jannik Sinner would win the French Open, you would buy “Yes” contracts at the offered price. If Sinner went on to win the tournament, you would win money, and if not, he would lose. While there are similarities, prediction markets trading on Roobet are very different from sports wagering.
How Roobet predictions and event contracts work
![]()
Make FIFA World Cup predictions on Roobet
![]()
Predict French Open outcomes with Roobet
Prediction markets on Roobet work in much the same way as those on other platforms. For every market, you have event contracts that you can purchase.
While these can come in a variety of forms, the most straightforward even contracts to explain are for “Yes/No” prediction markets. For example, if the market were “Will Jannik Sinner win the French Open?”, the market would look something like this:
| 🎾 Market : |
Will Jannik Sinner win the French Open? |
| ✅ Yes: |
73% |
| ❌ No: |
27% |
The price of the event contracts is usually between 0.01 and 0.99 of whatever your local Roobet account currency is/ Crucially, it matches the percentage that you see above:
- Yes at 73% = 0.73 per contract
- No at 27% = 0.27 per contract
Roobet sports predictions – Payouts
Once you place an order for event contracts, another trader has to match it for the order to execute. In other words, if you bought 10 x “Yes” for Sinner to win, someone else would need to get 10 x “No”.
If Sinner won the tournament, the market would resolve as a “Yes”, resulting in the following closing prices:
If you had bought “Yes” contracts at 0.73, this would give you a 0,27 profit per contract, leaving the “No” traders with a 0.27 loss on each contract. As you can see, prediction market trading at Roobet is different from sports wagering, but just as risky, if not more so, as the trade can end up more expensive by the time it is executed.
Sports and economics predictions at Roobet – The pros and cons
As we did for the brand’s other products in our main
Roobet review, here’s a summary of the pros and cons of prediction markets trading:
Pros and Cons
- Buy and sell event contracts for future outcomes
- Sports, economics, politics, and other predictions
- Fee built into the contract price
- No selling fees
- Prediction markets are very risky
Roobet politics predictions and other popular markets
One of the notable things about prediction markets is that you are not restricted to trading event contracts on future sports outcomes. On Roobet, crypto predictions are available as well as politics, finance, culture, and more.
Here are some examples of the different markets that you can find:
| Prediction market |
Example |
| 🎾 Sports: |
Will Jannik Sinner win the French Open?” |
| 🕴Politics: |
Next French Presidential Election |
| 🪙 Crypto: |
When will BTC hit $150k? |
| 📽 Culture: |
Highest-gossing move this year? |
| 📈 Economics: |
Largest company by the end of the month? |
| ⛈ Climate: |
Highest temperature in Shanghai today? |
Trading Roobet climate predictions and more – Conclusion
In summary, Roobet prediction markets allow you to buy and sell event contracts for future events, including sports and politics. You can just as easily lose money as make it, which is why it is considered to be a high-risk activity. If you are aware of the risks and still want to give it a try, you can register via the banners or links on this page. Alternatively, you can check out our full Roobet review to find out more.
Roobet prediction markets FAQ
🛠️ Does Roobet have prediction markets?
Yes, Roobet now has prediction markets where you can buy and sell event contracts for the outcomes of future events. They cover sports, politics, financial markets, and more.
📈 How do Roobet prediction markets work?
Roobet prediction markets work by allowing you to buy or sell event contracts for a future outcome. If your prediction is correct, you make a profit; if not, you make a loss.
👍 Is Roobet good for prediction markets?
Though not as comprehensive as some sites, Roobet is generally considered good for prediction markets. The platform is powered by Polymarket, which is a reputable source. Moreover, the simplicity of the site is good for beginner traders. That said, prediction markets are always high risk.
