Bid
When you want to sell a contract, you sell into the best bid.
Prediction Markets 101 editorial team Updated April 16, 2026 1 min read
Definition
A bid is a buy order — the price someone is willing to pay for a contract. The highest bid sets the market's buy price.
Plain-English explanation
The bid is the price a potential buyer is offering. If the best bid on YES is $0.48, selling 100 YES shares will earn you $48 (minus any fees/gas). Multiple bids stack up at different prices in the order book; you typically take the best (highest) one first.