Questions

Frequently asked

Straight answers to the questions every beginner asks.

Is this the official Polymarket site?

No. PolymarketBro is an independent educational guide. It is not affiliated with, operated by, or endorsed by Polymarket. It doesn't hold funds or execute trades — it only explains the platform and links to it.

Is this a betting site or casino?

No. This site takes no bets and holds no money. All trading happens on the Polymarket platform itself; this site only publishes guides about how it works.

Do I need to verify my identity?

No identity verification is currently required to create an account and trade. Requirements can change, so check the platform's current terms before depositing.

How much money do I need to start?

Many markets accept trades of just a few dollars. Start small while you learn how prices, spreads, and resolution work — see the risk guide for sane position sizing.

How do deposits work?

You send crypto to your personal deposit address; it auto-converts into a dollar-pegged balance for trading. Stablecoins on cheap networks keep costs lowest. Full walkthrough in the deposit guide.

When do I get paid if I'm right?

Winning shares redeem at $1.00 each once the market resolves after the event concludes. You can also sell winning positions early at the current market price instead of waiting.

Can I lose more than I put in?

No. Your maximum loss on a trade is the amount you spent buying the shares. Shares can go to zero, but your downside is capped at your stake.

How do I withdraw?

Sell open positions or wait for resolution, then withdraw to your own wallet on a supported network. Test with a small amount first. See the withdraw guide.

What does it cost to trade?

Trading fees, the bid-ask spread, and blockchain network fees on deposits/withdrawals. Small trades feel fees most. Broken down in fees, explained.

Is it available in my country?

Probably — coverage spans 100+ countries, with restrictions in a few jurisdictions. Check the availability page, then verify against current platform terms.

Is this gambling?

Prediction markets involve real financial risk and uncertain outcomes — treat them accordingly. Only stake money you can afford to lose, and check your local laws before participating.

Do you earn anything from this site?

This site contains affiliate links. If you sign up through our links, we may earn a commission at no extra cost to you. That funding keeps the guides free.