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Get Started in Three Steps

Learn how to create your first prediction market and start trading on SportsQuant.

Step 1: Connect Your Wallet

SportsQuant supports multiple wallet providers for seamless trading:
  • MetaMask: Most popular Ethereum wallet
  • WalletConnect: Connect any mobile wallet
  • Coinbase Wallet: User-friendly option for beginners
Make sure you have some ETH for gas fees and USDC for trading.
  1. Connect your wallet to SportsQuant
  2. Complete the KYC verification process (optional for small amounts)
  3. Set up your trading preferences and risk limits

Step 2: Create Your First Market

Select from popular categories or create a custom market:
  • Sports: NFL, NBA, MLB, Soccer, and more
  • Politics: Elections, policy outcomes, international events
  • Entertainment: Awards, box office predictions
  • Crypto: Token prices, protocol launches
Start with well-known events that have clear outcomes.
  1. Define the question (e.g., “Will the Lakers win the NBA championship?”)
  2. Set the end date and resolution criteria
  3. Choose initial liquidity amount (minimum 100 USDC)
  4. Set market fees and creator rewards

Step 3: Start Trading

  1. Navigate to your created market
  2. Choose “Yes” or “No” shares based on your prediction
  3. Enter the amount you want to trade
  4. Review the transaction and confirm
  5. Your shares are instantly available for trading
Start with small amounts to learn the platform before making larger trades.

Understanding Market Mechanics

How Prediction Markets Work

Prediction markets aggregate collective wisdom by allowing users to trade on event outcomes. Each market has two outcomes:
  • Yes shares: Represent belief the event will happen
  • No shares: Represent belief the event won’t happen
The price of each share reflects the market’s collective probability estimate.

Example Market

Question: “Will the Warriors win the NBA championship?”
  • Yes shares: Currently trading at $0.65 (65% probability)
  • No shares: Currently trading at $0.35 (35% probability)
If you believe the Warriors have a 70% chance, you’d buy Yes shares at $0.65, expecting them to rise.

Next Steps

Now that you understand the basics, explore these advanced features:
Need help? Join our Discord community or contact [email protected].