1. Outcome Predictions
   
   These are statements specifying a certain outcome of a future event. The value of the prediction can vary between an upper limit (mostly 100) and lower limit (mostly 0) as players buy and sell it. If the statement comes true , then each unit of that statement will be worth the upper limit and if it does not come true, it will be worth the lower limit.
   
   e.g. "Arsenal will win the Barclays Premeir League in 2008". Now this prediction is like a stock. If the prediction comes true, each unit of this stock will be worth 100 else it will be worth 0.
   
   
2. Value Predictions
   
   These can be seen as stocks who final value is tied to some future number.
   
   e.g. "Number of runs scored by India in a certain match". So, if India scores 250 in that match, the value of this prediction will be equal to 250.
   
   Sometimes, if the underlying number on which the value of the prediction is based is too small, then we scale it by some factor.
   
   e.g. "50 x Number of goals scored in Arsenal vs Manchester United". So, if the final score of this match is 2-2, then the final value of this prediciton will be worth 200 (i.e. 50 x 4 goals).

LordsOfOdds always offers a price to players to buy / sell predictions at. If you want to do a quick trade, this is the best way to do it.

To do a Quick Trade, just click on next to any prediction.

Note: The price offered by LordsOfOdds will always be more than the Last Traded Price when you're buying and lower than the Last Traded Price when you're selling.

If you don't like the price being offered, you can place Orders to trade at your own specified price. When the price of the prediction moves to your specified price (due to trading activity), your Order will get executed.

Note: When you're buying, you can only place Orders at a price that is lower than the Last Traded Price and when you're selling, you can only place Orders at a price that is higher than the Last Traded Price.

Buying Limit
This is simply limited by how much Loot you have.

Shorting Limit
This is tied to the sum of your Loot balance and the current value of your predictions.

Order Limit
It is the same as your Buying and Shorting limits for Buy & Sell orders respectively.