Step-by-step

Step 1: Pick an event, and decide which outcome you want to bet on

Step 2: Place your order or Buy share at market price

Remember, Price = Probability. If you think your winning Probability is 46%, you should place the price at 46 $GOATS.

Step 3: Your order is now created, and waiting for another user to fill it.

Step 4: Once your order is filled, shares are created and you're on a bet with another user. The result of the bet will be concluded when the event meets its deadline or concludes with a result.

But since it's a market, you can sell your share at a better price to take profit right away or sell at lower price if your chance of winning has decreased.