Three levels from zero to a fundable record. Lessons unlock in order, quizzes check you actually got it, and the capstone is graded by the chain, not by us. Every number you will read was measured on real World markets. Stuck on a term? The glossary has it.
1 Level 1 · Basics From zero to your first call, no jargon assumed.
2 Level 2 · Fundamentals The math and microstructure that decide who wins over 100 calls.
The calibration curve: what World prices actually mean
Closing prices are nearly perfect. Mid-life prices are not. That gap is the whole game.
4 MIN · QUIZ Closing line value: the skill metric that cannot be faked for long
PnL says what happened. CLV says whether you were right to do it.
4 MIN · QUIZ Know the dealer: how Janus prices your trade
Zero vig, sticky quotes, keeper repricing. The microstructure in plain language.
5 MIN · QUIZ Bankroll management for binary markets
A real 60% edge still loses four times in ten. Survive long enough to be right.
4 MIN · QUIZ 3 Level 3 · Practical Measured edges, honest sizing, and the road to funded capital.
Fading the 60-72c band
The most overpriced prices on the venue, measured, not vibes.
3 MIN · QUIZ Tail value: the 3-8c longshots
World tails have paid 2-3x their implied probability. Small stakes, huge asymmetry.
3 MIN · QUIZ Sizing, capacity, and why edge dies above $5k
The venue pays skill in limited size. Respect the ceiling or feed the dealer.
4 MIN · QUIZ Luck vs skill: what the fscore actually measures
One trader made $50k on one bet. Another made $30k over 1,000 trades. Fund the second.
4 MIN · QUIZ Capstone: the Proving Ground
Turn what you learned into a record that qualifies for funding.
4 MIN · QUIZ