The training ground before real Polymarket
Beta

Practice Polymarket.
Risk nothing.

Not ready to trade real USDC on Polymarket yet? Start here. Trade the same live markets with $1,000 in virtual capital — build your edge, prove your accuracy, then graduate to the real thing.

🚀
See Pro →
500+
Live markets
$1,000
Virtual bankroll
Free
Forever
US ElectionsBitcoin PriceFed Rate DecisionChampions LeagueOpenAI GPT-5Gaza CeasefireNvidia Earnings2026 World CupTrump PolicyETH ETFNBA FinalsTaiwan StraitMCP · Trade with ClaudeAI Agent SupportUS ElectionsBitcoin PriceFed Rate DecisionChampions LeagueOpenAI GPT-5Gaza CeasefireNvidia Earnings2026 World CupTrump PolicyETH ETFNBA FinalsTaiwan StraitMCP · Trade with ClaudeAI Agent Support
Live now

Trending markets

Real questions. Real odds. Updated every 30 seconds.

100%
Free. No hidden fees.
30s
Price refresh rate
500+
Live markets tracked
$0
Real money required

How it works

Up and running in 60 seconds.

1
🔍

Browse live markets

Explore hundreds of live Polymarket questions: politics, crypto, sports, global events. Real odds, refreshed every 30 seconds. No account needed to browse.

2
💰

Place a paper bet

Back YES or NO with your $1,000 virtual bankroll at real market prices. Track shares, potential profit, and expected payout. No real money, ever.

3
📊

Track your edge

Watch bets resolve, measure your win rate by category, and climb the global leaderboard. Find out which markets you're actually good at.

Prediction market 101

How to read prediction market odds

Polymarket prices are crowd-sourced probabilities. Here's what every number means — and how to use them to make sharper calls.

72¢ YES

Price = probability

If YES is trading at 72¢, the market implies a 72% chance the event happens. Prices are set by real-money traders on Polymarket — it's the crowd's best estimate in real time.

Bid–ask spread

Fill price vs mid price

Like stocks, prediction markets have a bid-ask spread. You buy at the ask (slightly above mid) and sell at the bid. PaperPoly simulates real fill prices so your practice reflects actual trading conditions.

Resolves to $1

Binary payouts

Every market resolves YES ($1 per share) or NO ($0 per share). Buy YES at 72¢ and it resolves YES → you earn 28¢ profit per share. If NO → you lose your 72¢ stake.

Ready to practice reading odds without risking real money?

Practice free with $1,000 virtual capital →

Compete

Your calls.
On the record.

Every trade is tracked. Win rate, ROI, and profit, all on a public leaderboard. See who the sharpest forecasters are and prove you're one of them.

🏆Global Leaderboard
All time
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Features

Built to make you sharper.

Every tool you need to practise forecasting like a pro. All free, no fluff.

📡

Live market data

Real Polymarket odds refreshed every 30 seconds. The prices you see reflect actual market activity.

📊

Portfolio analytics

P&L, win rate by category, ROI, and unrealised value across all open positions. All in one view.

🔍

Market scanner

Filter markets by odds range, volume, and category. Spot opportunities before they move.

⚔️

Trader battles

Challenge other traders to head-to-head P&L contests over a set timeframe. Winner takes the streak.

🏆

Global leaderboard

Real-time rankings by bankroll, ROI, and win rate. Your record is public and permanent.

🤖

MCP · AI agent

Connect Claude or any MCP-compatible AI to search markets, place bets, and manage your portfolio through chat.

🤖MCP · Model Context Protocol

Let your AI agent
trade for you.

Connect Claude or any MCP-compatible AI assistant to your Paperpoly account. Your AI can search live markets, analyse odds, place paper bets, and check your portfolio — all from inside a chat window.

Search 500+ live markets by topic or keyword
Place and track paper bets without touching the UI
Pull your portfolio P&L on demand
Works with Claude, and any MCP-compatible client
Connect your AI agent →
Claude · Paperpoly MCP
You

Find a Bitcoin market and paper bet $50 YES on the best one.

⚙ search_markets

query: "bitcoin" · limit: 5

↳ 3 markets found

Will Bitcoin reach $150k by Dec 2026? — 58¢ YES

Vol $4.3M · 421 days to resolve

⚙ place_bet

market: bitcoin-150k-dec-2026 · side: YES · stake: $50

Claude

Done ✓ Placed $50 YES at 58¢. Potential payout $86.21 if it resolves YES. Your balance is now $950.

Trader battles

Go head-to-head.
Who's the sharpest?

Challenge any trader to a direct P&L battle. Set a timeframe, pick your markets, and prove your edge. The winner earns bragging rights and leaderboard points.

Challenge a trader →
Live battle3d left
You
You
+$143
OP
Opponent
+$98
You're winning by $45keep trading

Your path to Polymarket

Practice here. Graduate there.

PaperPoly runs on the same live Polymarket odds. Master the mechanics here for free — then trade real USDC on Polymarket with confidence.

PaperPoly
Polymarket
Real money required
Never
Yes (USDC)
Market data
Live Polymarket odds
Live
Financial risk
Zero
Real losses possible
Beginner friendly
✓ Yes
Steep learning curve
P&L + portfolio stats
✓ Full analytics
✓ Basic
Global leaderboard
✓ Included
✗ None
AI agent (MCP)
✓ Built-in
✗ Not available
Cost
Free forever
Spread + gas fees

PaperPoly is not affiliated with Polymarket. Market data is sourced from Polymarket's public API.

The journey

From practice to profit.

Most people who lose money on Polymarket never practiced first. Here's the smarter path.

🎓
Step 1

Practice on PaperPoly

Trade 500+ live markets with $1,000 in virtual capital. No wallet, no risk, no KYC. Learn how markets move.

Free · Start in 60s
📊
Step 2

Build a track record

Track your win rate, ROI, and P&L across dozens of resolved markets. Know exactly which market types you're good at.

Real data · Real metrics
Step 3

Graduate to Polymarket

Head to Polymarket with a proven strategy and real market experience. Trade real USDC knowing your edge is real.

Polymarket.com
Markets are live right now

Start practicing.
Graduate ready.

The best Polymarket traders practiced first. Build your edge here — for free — before putting real money on the line.

Start practicing free →

No wallet · No real money · No KYC · Free forever

🎁

Invite a friend, both get $200

Share your referral link — free paper money for you and your friend the moment they join.

Get your link →

Frequently asked

What is PaperPoly?

PaperPoly is a free paper trading simulator for Polymarket prediction markets. You get $1,000 in virtual capital to trade real Polymarket odds — no real money required, ever.

Is PaperPoly free?

Yes, 100% free forever. No credit card required, no hidden fees, no real money involved. We may introduce optional Pro features in future, but the core experience is always free.

What is the difference between PaperPoly and Polymarket?

Polymarket is a real-money prediction market platform where you trade with USDC. PaperPoly uses the same live Polymarket odds but replaces real money with $1,000 in virtual capital — so you can practice, learn, and track your performance with zero financial risk.

Can I practice Polymarket for free?

Yes — that's exactly what PaperPoly is built for. Sign up free, get $1,000 virtual capital, and trade on any live Polymarket market without depositing a single cent.

How do I read prediction market odds?

Prediction market prices are implied probabilities in cents. If YES trades at 72¢, the market implies a 72% chance of that outcome. Buy YES at 72¢ and it resolves YES → you receive $1 per share, earning 28¢ profit. Resolves NO → you lose your 72¢ stake.

How does paper trading on prediction markets work?

Browse live Polymarket questions and place YES or NO bets with your virtual bankroll at real market prices. When the market resolves on Polymarket, your paper bet settles automatically and your P&L updates.

What markets can I trade on PaperPoly?

PaperPoly gives access to 500+ live prediction markets across politics, crypto, sports, finance, and global events — all sourced from Polymarket. Markets include US elections, Bitcoin price targets, Premier League outcomes, Fed rate decisions, and more.

Does PaperPoly use real Polymarket data?

Yes. PaperPoly pulls live odds directly from Polymarket's public API, refreshed every 30 seconds. The prices you see reflect real market activity.

What is a prediction market?

A prediction market lets people trade shares on whether a future event will occur. Prices reflect the crowd's collective probability: 72¢ means a 72% implied chance of YES. Markets resolve to $1 (YES) or $0 (NO).

Is PaperPoly affiliated with Polymarket?

No. PaperPoly is an independent paper trading simulator and is not affiliated with, endorsed by, or operated by Polymarket.com.

Can I trade with Claude or another AI?

Yes. PaperPoly has a built-in MCP (Model Context Protocol) server. Connect Claude Desktop or any MCP-compatible AI assistant to your account and it can search markets, place paper bets, and pull your portfolio stats — all through a natural conversation.