How should you design the database schema for a prediction market?

[augustinz1]

Designing the database for Prediction Market Platform Development involves creating a clear, simple structure that can handle users, trading, and market results.

To build it, you can start with these core tables:

• Create a users table to store user details
  
• Add a markets table for prediction questions
  
• Use an outcomes table for possible results (Yes/No or multiple options)
  
• Include an orders table to track buy/sell requests
  
• Add a trades table for completed transactions
  
• Maintain a position table to track user holdings
  
• Use a wallet/balance table for managing user funds
  
• Add a resolution table to store final results
  

This structure keeps the system simple, organised, and easy to extend.