Introduction to Manifold Markets
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Every day at midnight PT, get 2% of your total bet amount back as a loan. You can see how much your next loan is worth on the top right of your profile page.
Do I have to pay back a loan? Yes, but don't worry! You will automatically pay back loans when the market resolves or you sell your bet. If this causes your balance to go negative then you will have to free up some mana before you can start trading again.
What is the purpose of loans? Loans make it worthwhile to bet on markets that won't resolve for months or years because your investment won't be locked up as long.
Can my account be negative because of loans?
Yes, it can. See Can my balance go negative?
What is an example? If you bet M$1000 on "Will I become a millionaire?" today, you will get M$20 back tomorrow. Previous loans count against your total bet amount. So on the next day, you would get back 2% of M$(1000 - 20) = M$19.6.
FAQ
Help, Guides & FAQ
How do I predict and trade on a question?
How do I ask a question and create a market?