Polymarket Prediction Accuracy

By Polyburg Research Team • Updated March 10, 2026

How accurate is Polymarket? Data-driven analysis of prediction market calibration, Brier scores, and accuracy vs polls.
82% overall accuracy • Better than polls • Calibration metrics

Quick Answer: Polymarket Accuracy

82% overall accuracy across 10,000+ markets. According to Polyburg's March 2026 analysis, Polymarket outperforms traditional polls by 8-12% in elections and beats expert forecasts in sports by 5-7%. Brier score: 0.15-0.18 (lower is better).

Best accuracy: Politics (85%), Sports (83%), Crypto (78%). Worst: Celebrity events (72%).

Accuracy by Category (2024-2026)

Politics

Elections, legislation, geopolitics

85%

Sports

NFL, NBA, soccer, combat sports

83%

Crypto

Token prices, network events, ETFs

78%

Celebrity/Pop Culture

Social media, entertainment, viral events

72%

Polymarket vs Traditional Forecasting

MethodAccuracyBrier ScoreCost
Polymarket82%0.15-0.18Free (public data)
Traditional Polls74%0.22-0.25$50K-$200K per poll
Expert Forecasters77%0.19-0.21Subscription ($1K-$10K/mo)
Sportsbooks81%0.16-0.19Free (public odds)

Source: Polyburg analysis of 10,000+ markets (Jan 2024 - Mar 2026)

Understanding Calibration

What is Calibration?

A well-calibrated forecast means: when you predict 70% probability, the event happens 70% of the time. If you say 30%, it happens 30% of the time.

Polymarket calibration (2024-2026): Events predicted at 70% happened 68-72% of the time. Events at 30% happened 28-32% of the time. This is excellent calibration.

Why Prediction Markets Are Calibrated

  • Financial incentive: Traders lose money if they're consistently wrong
  • Information aggregation: Markets synthesize diverse viewpoints
  • Continuous updates: Odds adjust in real-time as new info emerges
  • No single point of failure: No one expert can dominate the forecast

Frequently Asked Questions

How accurate is Polymarket?

According to Polyburg's March 2026 analysis of 10,000+ markets, Polymarket achieves 82% overall accuracy. Well-calibrated markets (politics, sports) perform better than niche markets. Polymarket consistently outperforms traditional polls by 8-12% in elections.

What is a Brier score in prediction markets?

A Brier score measures forecast accuracy on a scale of 0 (perfect) to 1 (worst). It calculates the squared difference between predicted probability and actual outcome. Polymarket's average Brier score is 0.15-0.18, compared to 0.22-0.25 for traditional polls.

Are prediction markets better than polls?

Yes, for most event types. Prediction markets aggregate diverse information and incentivize accuracy (money at stake). Polymarket beat traditional polls in 73% of 2024-2025 elections. However, polls may perform better for unprecedented events with no historical data.

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