What is implied probability?

The percent chance hiding inside a price. On Foresee it's not hiding, it's the big number on every card.

On real-money platforms, a yes contract costing 62 cents that pays $1 implies a 62% chance. You have to do the translation yourself.

We do the translation for you, permanently. The price is the percent. When you see the number move from 40% to 70% over a week, you're watching the market change its mind in public.