How it works
Being right should pay.
Predika is a prediction market — a place where your opinion about the future has a price, and being correct has a payout. Here is everything you need to know, in plain language.
The basics
What is a prediction market?
A prediction market lets people trade on the outcome of real events — elections, interest rate decisions, sports, crypto prices. Instead of arguing about what will happen, traders back their opinion with a position. The result: market prices that reflect what everyone collectively believes, updated in real time.
Studies consistently show prediction markets forecast events more accurately than polls or pundits — because people are more honest when money is on the line.
The numbers
What do the percentages mean?
Every market shows a percentage — that is the market's current view of how likely the outcome is. If "Yes" shows 69%, traders collectively believe there is a 69% chance it happens.
That percentage is also the price: a 69% outcome costs $0.69 per share. Every winning share pays out exactly $1.00 when the market settles. Buy at 69c, be right, collect $1 — a 45% return. The less likely the market thinks your outcome is, the cheaper it is to back, and the bigger the payout if you are right.
The money
How do I make money?
Two ways. Hold to settlement: when the event resolves in your favour, every share you hold pays $1. Example: you buy 100 "Yes" shares at 20% ($20 total). The event happens — your shares pay out $100. Profit: $80.
Sell early: prices move as news breaks. If you bought at 20% and the odds climb to 60%, you can sell your position right away and take the profit without waiting for the final result.
And to be equally clear about the other side: if the event does not go your way, shares in the losing outcome expire worthless. Never stake more than you can afford to lose.
Getting started
What is Predika?
Predika is Africa's prediction market — built in South Africa, for African traders. We put South African markets front and centre (elections, Reserve Bank decisions, inflation) alongside global politics, crypto, sport and more.
You sign up with just your email — no crypto experience needed. A secure trading wallet is created for you automatically. Trades execute on Polymarket, the world's largest prediction market, so you trade the same deep, liquid markets as everyone else — through an interface made for here.
In and out
Money in, money out
In: fund from ZAR via Luno or VALR, or with crypto you already hold — full step-by-step routes on the funding guide. Most deposits are trading-ready within minutes.
Out: withdraw anytime from the app — your funds arrive as USDC.e on the Polygon network at any wallet address you choose, convertible to ZAR or other coins at CryptoShift.
Trust
Where does my money actually sit?
In your own wallet, on the Polygon blockchain — not in a Predika bank account. Every deposit, trade, and withdrawal is a public, verifiable transaction on-chain. Predika is the interface; the markets and settlement run on Polymarket's infrastructure, which processes billions in volume.
Predika earns a small fee on trades — that is the whole business model. No hidden charges, no spread games.
Play it straight
Prediction markets involve real risk — prices move and losing positions expire worthless. Predika is for users 18 and older. Trade with money you can afford to lose, never money you need.
Questions? gabriel@predika.co.za