Betfair Predicts is a new way to place bets on the Betfair Exchange.

You can bet on sports, politics and culture markets.

Each betting market is framed as Yes/No question, allowing customers to bet on whether an event will or will not happen.

Betfair Predicts uses a percentage for the implied probability of an event either happening or not happening.

For example:

• If Liverpool have an implied probability of 60% of winning a football match, and you bet £10 on 'Will Liverpool win - Yes @ 60%', your return would be £16.67 if Liverpool win (i.e. profit of £6.67 and the return of your £10 stake).  If Liverpool don't win, you would lose your stake and your return would be £0.  
• An implied probability of 60% is the same as 1.67 decimal odds.

If you prefer decimal odds, Betfair Predicts has a toggle where you can change the odds to be displayed as 'Decimal' rather than 'Percentage'.

All Predicts markets settle under Betfair Exchange Rules & Regulations.

You can find out more about the Betfair Predicts here.