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How accurate is Polymarket?

Sample collected 2026-10-01 · re-collected weekly · data and method below

Across 1,912 resolved Polymarket markets from 225 of the highest-volume events that closed between 2025-10-02 and 2026-09-21, prices a week before close lined up with what happened: in 9 of 10 price bands the gap between the average price and the share of outcomes that happened is within normal sampling noise (the exception: the 0–10% band, where outcomes happened more often than priced, 4.0% against 1.7%). Outcomes priced at 50% or more a week out happened 75% of the time (246 favourites). The overall Brier score is 0.090, but that is flattered by long shots that were clearly going to lose; on the 614 genuinely uncertain markets (priced 10–90%) it is 0.202, against 0.250 for always saying 50%.

Calibration: price a week before close vs what happened

0%0%50%50%100%100%0-10%: 1236 markets10-20%: 167 markets20-30%: 115 markets30-40%: 78 markets40-50%: 70 markets50-60%: 71 markets60-70%: 49 markets70-80%: 41 markets80-90%: 23 markets90-100%: 62 marketsprice 7 days before close

Each dot is a price band; dots on the dashed diagonal mean perfect calibration. Dot size grows with the number of markets.

Price bandMarketsAverage priceResolved YesDifference
0–10%1,2361.7%4.0%+2.3 pts
10–20%16714.2%19.2%+5.0 pts
20–30%11524.5%26.1%+1.6 pts
30–40%7834.8%42.3%+7.5 pts
40–50%7045.1%45.7%+0.6 pts
50–60%7154.3%60.6%+6.2 pts
60–70%4965.0%73.5%+8.5 pts
70–80%4174.7%63.4%-11.3 pts
80–90%2385.1%87.0%+1.8 pts
90–100%6296.1%95.2%-0.9 pts

A month, a week and a day before close

On the 1,350 markets with a price at all three points, accuracy improves steadily as the close approaches: the Brier score is 0.087 a month before close, 0.064 a week before and 0.047 a day before (lower is better), and favorites won 65%, 82% and 83% of the time.

Price takenMarketsBrier scoreFavorites won
30 days before close1,3500.08765% of 162
7 days before close1,3500.06482% of 158
1 day before close1,3500.04783% of 185

Accuracy by category

Among categories with at least 20 genuinely uncertain markets, Politics & Elections markets were the most accurate a week before close (Brier 0.183 on 165 markets priced 10–90%) and Crypto markets the least (0.248 on 58). Some categories have only a few dozen uncertain markets, so read differences of a few hundredths as noise.

CategoryMarketsBrier scoreBrier, uncertain markets (count)Favorites won
Politics & Elections7100.0780.183 (165)81%
Sports5730.1340.207 (327)64%
Crypto3050.0740.248 (58)85%
Economy & Fed970.0590.246 (23)86%
Tech & AI970.0160.069 (9)100%
Culture & Entertainment830.0230.058 (16)100%
Geopolitics & World470.1710.282 (16)100%

Brier scores use the price a week before close. Categories with more long shots score better overall, so the uncertain-market column (prices 10–90%) is the fairer comparison.

Does more trading volume mean better accuracy?

Within this sample, more trading made no clear difference: on genuinely uncertain markets (priced 10–90% a week out) the quarter with the least volume ($28.1K to $1.04M) scored 0.197 and the quarter with the most ($6.86M and up) scored 0.208. Every market here already traded at least $10,000, so this says nothing about thinly traded markets.

Lifetime volumeMarketsBrier scoreBrier, uncertain markets (count)Favorites won
$28.1K – $1.04M4780.0940.197 (176)75%
$1.04M – $2.40M4780.0880.192 (118)74%
$2.41M – $6.85M4780.0870.209 (165)71%
$6.86M – $375.81M4780.0900.208 (155)78%

Method and caveats

Every market in the sample is in the free data: JSON · CSV (CC BY 4.0, credit “PolymarketTrader” with a link). The long shots that came in are on the biggest upsets page; how long markets take to settle is in the resolution-time study; how long shots are priced is in the longshot-bias study. Score your own forecasts with the Brier score calculator.

Explained in plain words: can a 90% favorite lose?

Cite this data

Quoting this study in an article, a paper or a newsletter? Copy this citation and keep the date, because prices move. Tips: how to cite Polymarket odds.

Polymarket View, “How accurate is Polymarket?”, October 6, 2026, https://polymarkettrader.com/odds/accuracy/ (data: Polymarket, CC BY 4.0).

Frequently asked questions

How accurate is Polymarket?

Across 1,912 resolved Polymarket markets from 225 of the highest-volume events that closed between 2025-10-02 and 2026-09-21, prices a week before close lined up with what happened: in 9 of 10 price bands the gap between the average price and the share of outcomes that happened is within normal sampling noise (the exception: the 0–10% band, where outcomes happened more often than priced, 4.0% against 1.7%). Outcomes priced at 50% or more a week out happened 75% of the time (246 favourites). The overall Brier score is 0.090, but that is flattered by long shots that were clearly going to lose; on the 614 genuinely uncertain markets (priced 10–90%) it is 0.202, against 0.250 for always saying 50%.

Is Polymarket more accurate closer to the close?

On the 1,350 markets with a price at all three points, accuracy improves steadily as the close approaches: the Brier score is 0.087 a month before close, 0.064 a week before and 0.047 a day before (lower is better), and favorites won 65%, 82% and 83% of the time.

Which Polymarket categories are the most accurate?

Among categories with at least 20 genuinely uncertain markets, Politics & Elections markets were the most accurate a week before close (Brier 0.183 on 165 markets priced 10–90%) and Crypto markets the least (0.248 on 58). Some categories have only a few dozen uncertain markets, so read differences of a few hundredths as noise.

Are high-volume Polymarket markets more accurate?

Within this sample, more trading made no clear difference: on genuinely uncertain markets (priced 10–90% a week out) the quarter with the least volume ($28.1K to $1.04M) scored 0.197 and the quarter with the most ($6.86M and up) scored 0.208. Every market here already traded at least $10,000, so this says nothing about thinly traded markets.

What does calibration mean for a prediction market?

A calibrated market's 70% outcomes happen about 70% of the time. The table groups outcomes by their price a week before close and shows how often each group actually resolved Yes.

How was this study done?

We took the highest-volume Polymarket events that closed in the last 12 months, up to 15 of the most-traded outcome markets per event (at least $10,000 traded), read each market's price 7 days before it closed from Polymarket's public price history, and compared it with the final resolution. Markets that resolved 50-50 or had no price history at that time are excluded.

Polymarket View is independent and not affiliated with Polymarket. Educational analysis, not financial advice. All Polymarket odds · Statistics