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Best Prediction Markets for Sports June 2026

Kevin Wolff

By Kevin Wolff

Last Updated:

The popularity of prediction market trading continues to rise, and users now have several options when it comes to prediction markets for sports, with a variety of apps available. With these online platforms, users in many states can trade on a wide range of events, including sports, politics, financials, weather, and so much more.

Popular online prediction markets like Kalshi, Polymarket, Novig, and Crypto.com are all federally regulated and allow users throughout the country to buy and sell contracts for event outcomes. This page will break down and detail the top options for online prediction market platforms and cover all the best sports prediction market apps.


Best Prediction Markets Apps for Sports (June 2026)

Prediction MarketSports TradingNew User PromoMinimum Deposit
PolymarketYesDeposit $20, Get $50 Bonus$0
KalshiYes$10 Sign Up Bonus$1
NovigYesSpend $5, Get $50 in Novig Coins$5
Crypto.comYesUp to $50 in CRO Bonus$1
OGYesEarn up to $100 in Bonuses$10
FanDuel PredictYes$25 Sign Up Bonus (iOS)
$25 Sign Up Bonus (Android)
$10
Underdog PredictYesSign Up Here$10
PrizePicks PredictsYesN/A$5
Fanatics MarketsYesN/A$5

New users have the option to claim a sign-up bonus when they register for an account on many of the prediction market apps listed above. After securing the welcome offer, users can trade event contracts across a variety of markets to profit from correct predictions on real world outcomes. Prediction market platforms are accessible as mobile apps as well as websites for traders on internet browsers.

Prediction markets are federally regulated by the Commodity Futures Trading Commission (CFTC), which is responsible for regulating the nation’s derivatives markets, including futures, options, and swaps.

Polymarket

Branded as the world’s largest prediction market, Polymarket is a top-tier option for prediction traders. Polymarket offers some of the most impressive selections of worldwide trading options, and new users can skip the waitlist when they use the Polymarket invite code SOUTH to deposit $20 and get a $50 bonus. Users on the Polymarket app can customize their dashboard to track specific markets and interests. As one of the most popular prediction markets worldwide, Polymarket will likely be a popular choice for users trading on the 2026 World Cup.

New User BonusDeposit $20, Get $50 Bonus
Promo CodeSOUTH
Mobile App AvailabilityiOS (Apple App Store), Android (Google Play)
App NamePolymarket
Available StatesAL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY
Prohibited StatesNV
Accepted Payment MethodsCredit Cards (Mastercard and Visa), Crypto, Bank Transfer
Best FeatureEarn liquidity rewards for placing competitive limit orders

Polymarket is one of the most popular prediction market platforms in the world, and it’s now available following a December 2025 launch. Polymarket offers event trading options for a variety of prediction market fields like sports, politics, tech, financials, culture, and many more interesting options. Sign up and create an account to trade soon on the world’s largest prediction market.

New users can click the linked Polymarket promo code to skip the waitlist and get started with an offer to deposit $20 and get a $50 bonus.

Polymarket Promo Terms and Conditions

Must be at least 18 years old and located in an eligible state where Polymarket trading is available. Polymarket is currently unavailable in NV. Must enter the invite code SOUTH to skip the US waitlist and unlock the sign up bonus. Deposit at least $20 in your account to unlock the $50 new user bonus. If you are looking for more information, see our comparisons of Kalshi vs Polymarket for a complete breakdown.

Kalshi

KALSHI TRADING
Trade at Kalshi & Get a $10 bonus when you sign up today with promo code SDS!
Must be 18+ years or older & residing in the United States. Other Terms & Conditions may apply.
LOCK IN PROMO
SIGNUP TODAY
GET A $10
BONUS

GET OFFER

Kalshi is a terrific option for anyone interested in trading on prediction markets. A diverse market selection of worldwide events makes Kalshi one of the most attractive platforms, and new users can score a $10 sign up bonus when they use the promo code SDS and trade at least $10 in contracts. The Kalshi app is available for download on both iOS and Android devices, boasting interactive features like price history to help users see if they are trading at a profitable point.

New User Bonus$10 Sign Up Bonus
Promo CodeSDS
Mobile App AvailabilityiOS (Apple App Store), Android (Google Play)
App NameKalshi: Trade News & Sports
Available StatesAL, AK, AR, CA, CO, CT, DE, FL, GA, HI, ID, IN, IA, KS, KY, LA, ME, MN, MS, MO, NE, NH, NM, NY, NC, NV, ND, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY, DC
Prohibited StatesAZ, IL, MA, MD, MI, MT, NJ, NV, OH
Accepted Payment MethodsApple Pay, Online Banking, Credit/Debit Card, PayPal, Venmo, Cash App Pay, Crypto, Wire Transfer
Best FeatureMarket suggestions and Market Makers allow users to create markets to trade on

Federally regulated by the CFTC, Kalshi is available to eligible users in over 40 states throughout the country, offering the ability to trade on Sports, Politics, Financials, Culture, Crypto, Technology, Companies, Health, Climate, Transportation, and more. The Kalshi platform has been operational since 2021 and continues to grow its user base. Kalshi’s sports prediction markets are a major reason for its popularity, as it allows users to trade on sports in states where traditional sportsbooks are not available.

New users who sign up with the Kalshi promo code can get a $10 sign up bonus when they complete at least $10 in trades.

Kalshi Promo Terms and Conditions

Must be located in a state where Kalshi event trading is legal and available. Kalshi promo code offer available in all states, excluding: IL, MD, MT, NJ, NV, and OH. Must enter the promo code SDS at sign-up to claim the welcome offer. To register for an account, users must provide an email address or Apple/Google account, be at least 18 years old, provide a phone number, mailing address, and Social Security number. Users must provide proof of identification, including a photo of a driverโ€™s license or a passport, as well as a selfie holding that form of ID. Deposit at least $1 into your account and successfully execute at least $10 in trades.

Novig

NOVIG PREDICTION
MARKET


Spend $5 & Get $50 in Novig Coins!

SIGN UP
CODE: SOUTH50
CODE: SOUTH50
SIGNUP OFFER
SPEND $5
GET $50 COINS

TRADE NOW

Novig is an impressive sports prediction market that uses a peer-to-peer trading model to eliminate the house edge. First time users on Novig can sign up with the promo code SOUTH50 that unlocks a welcome offer to spend $5 and get $50 in Novig Coins. The Novig trading model is very user-friendly, with the ability for traders to set their own odds as well as trade with open orders on the market. Novig is available in over 40 states throughout the country, and the app can be downloaded for free on both iOS and Android devices.

New User BonusSpend $5, Get $50 in Novig Coins
Promo CodeSOUTH50
Mobile App AvailabilityiOS (Apple App Store), Android (Google Play)
App NameNovig: Trade & Predict Sports
Available StatesAK, AR, CA, CT, DC, DE, FL, GA, HI, IA, IL, IN, KS, KY, MA, MD, ME, MN, MO, MS, NC, ND, NE, NH, NM, NY, OH, OK, OR, PA, RI, SC, SD, TX, UT, VA, VT, WI, WV, WY
Prohibited StatesAL, CO, ID, LA, MI, MT, NV, TN
Accepted Payment MethodsAeropay, Trustly, Apple Pay, Google Pay, Credit/Debit Cards, Stable Coin
Best FeatureSet your own odds to trade peer-to-peer with no house edge

Novig is currently available in over 40 states and offers peer-to-peer trading on sports contracts. Traditional online sportsbooks have users betting against the house and paying a fee (vig) every time they place a wager. With Novig, there is ‘no vig’ as users will instead trade picks with other users on the platform. Novig sports market trading includes the ability to stake moneylines, props, over-under totals, and parlays for popular leagues like the NFL, NBA, UFC, MLB, and EPL.

First-time users who register with the Novig promo code on this page can claim an offer to spend $5 and get $50 in Novig Coins.

Novig Promo Terms and Conditions

Must be at least 21 years old and located in one of the states where Novig Prediction Markets are available. Novig is currently unavailable in AL, CO, ID, LA, MI, MT, NV, and TN. Must enter the promo code SOUTH50 to claim the new user offer to spend $5 and get $50 in Novig Coins. Users must make a deposit of at least $5 to activate the $50 Novig Coins bonus.

OG

OG TRADING
MARKET
Get $100 in Rewards & Bonuses at OG Trading Market!

Must be 18+ years or older & residing in the United States. Other Terms & Conditions may apply.
LOCK IN PROMO
SIGNUP TODAY
GET $100 IN
BONUSES

SIGN UP TODAY

OG is a fresh new face in the prediction markets space, offering trading options for users across sports, politics, financials, and more real world outcomes. New users can get started fast when they claim a welcome offer that unlocks up to $100 in bonuses. Event contracts on the OG platform total $1 each, and the operator charges very minimal fees on trades.

New User BonusUp to $100 in Bonuses
Promo CodeN/A
Mobile App AvailabilityiOS (Apple App Store), Android (Google Play)
App NameOG: Predict & Trade The Future
Available StatesAL, AK, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY
Prohibited StatesAZ, NY
Accepted Payment MethodsDebit Cards, Apple Pay, Google Pay, ACH Bank Transfers, Wire Transfers
Best FeatureParlays available to combine sports prediction markets

OG is a newly launched (February 2026) prediction markets platform with impressive trading capabilities for users in a variety of states nationwide. The event contracts available on OG cover a wide range of markets, including diverse sports trading, politics, entertainment, economics, and financial indicators like gold prices. Sports predictions on OG are very impressive, with the ability for users to parlay across as many as four separate markets. Social features allow users to interact with others on the platform and track the status of various markets using leaderboards and social posting. Download the app to trade today on one of the hottest new prediction market exchanges.

Claim the OG new user offer to unlock up to $100 in bonuses when you get started.

OG Promo Terms and Conditions

Must be at least 18 years old and located in a state where the OG promo code is available. The OG predictions platform is currently unavailable in NY and AZ. The bonus amount awarded from the OG promo code is dependany on the trading volume of the new user. Trade and settle at least $500 to claim the full $100 welcome bonus.

Crypto.com

CRYPTO.COM TRADING
Sign Up Today for $50 Bonus in CRO at Crypto.com!

Must be 18+ years or older & residing in the United States. Other Terms & Conditions may apply.
LOCK IN PROMO
SIGNUP TODAY
UP TO $50 BONUS IN CRO!

SIGN UP TODAY

Cypto.com is established as a popular crypto trading app throughout the country, and it’s also available for users to trade on prediction markets. First time users can sign up today to unlock up to a $50 bonus in CRO when they get started. Market options on Crypto.com include Sports, Politics, Financials, and Entertainment. Download the app from the Apple App Store or Google Play using the link on this page to claim the welcome offer.

New User BonusUp to $50 Bonus in CRO
Promo CodeN/A
Mobile App AvailabilityiOS (Apple App Store), Android (Google Play)
App NameCrypto.com: Buy BTC, ETH & CRO
Available StatesAL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY
Prohibited StatesNY
Accepted Payment MethodsCredit/Debit Cards, Cryptocurrency, Online Banking, Bank Transfer, Wire Transfer
Best FeatureEarn up to $2,000 in rewards for referrals

Crypto.com offers complete coverage as it’s available in 49 states (not available in NY) and offers impressive options, including sports markets. Sports trading on Crypto.com is very straightforward and allows users to stake a yes or no side of an event contract. The correct side will win a $100 (USD) payout (per contract owned) while those who purchased sports event contracts for the incorrect side will lose only what they paid to stake their side. Crypto.com offers a terrific welcome bonus, as new users can start fast trading on the platform.

New users can sign up through the Crypto.com referral code to get a $50 CRO bonus.

Crypto.com Promo Terms and Conditions

The Crypto.com referral code is available to new users only at least 18 years old and located in a state where Crypto.com trading is available. Crypto.com trading is currently unavailable in NY. The reward amount is based on the trading volume of the referred user during the 30-day window after registration. Referral reward caps at $50 in CRO bonus.

FanDuel Predicts

  • FANDUEL PREDICTS (APPLE USERS)

    SIGN UP & GET A $50 BONUS!

  • FANDUEL PREDICTS (ANDROID USERS)

    SIGN UP & GET A $50 BONUS!

  • FANDUEL PREDICTS T&Cs: All derivatives contracts are offered and accounts are carried by FanDuel Prediction Markets LLC, a registered futures commission merchant. 18+. Offer only available in AL, AK, CA, DE, FL, GA, HI, ID, MN, NE, NM, ND, OK, RI, SC, SD, TX, or UT. Bonus is non-withdrawable and expires 7 days after receipt. Trading is risky, always Trade Responsibly. Manage your activity with our Consumer Protection tools. If your activity is becoming a problem, support is available: call 1-800-522-4700. Futures, options on futures, and cleared swaps trading involves significant risk and is not appropriate for everyone. Please carefully consider if it's appropriate for you in light of your personal financial circumstances. Read the Risk Disclosures for more information about the risks associated with trading.

FanDuel, a sports betting behemoth, has jumped into the deep end with prediction markets, and the FanDuel Predicts app is a terrific result for prospective traders. FanDuel Predicts is available in all 50 states, allowing users to trade on sports event contracts and a variety of non-sports markets. In some states, the market selection (mainly sports markets) is limited. FanDuel Predicts is available in a separate app that can be downloaded on iOS and Android devices.

New User Bonus$25 Sign Up Bonus (iOS)
$25 Sign Up Bonus (Android)
Promo CodeN/A
Mobile App AvailabilityiOS (Apple App Store), Android (Google Play)
App NameFanDuel Predicts
Available StatesAL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY
Prohibited StatesNone (markets limited in some states)
Accepted Payment MethodsDebit Cards, Online Banking, PayPal, Apple Pay, Venmo, FanDuel Prepaid Play+ Card, PayNearMe
Best FeatureFutures markets available for sports trading

FanDuel and CME Group partnered to launch FanDuel Predicts, now available as a prediction markets platform in a standalone app. The FanDuel Predicts platform is available in several states where online sports betting is not available, and allows users to trade on sports, including football, basketball, hockey, and baseball. FanDuel Predicts also offers event trading on non-sports markets like oil and gas prices, the S&P 500, Nasdaq, gold, cryptocurrencies, and other economic indicators like GDP and CPI. There is no FanDuel Predicts promo code, but new users can click the links on this page to get a $25 Bonus at Sign Up (iOS link) (Android link).

FanDuel Predicts Promo Terms and Conditions

The FanDuel Predicts sign up bonus is available to new users only. Offer only available in AL, AK, CA, DE, FL, GA, HI, ID, MN, NE, NM, ND, OK, RI, SC, SD, TX, and UT. The $25 Sign Up Bonus from FanDuel Predicts is non-withdrawable and expires seven (7) days after receipt.

Underdog Predict

UNDERDOG PREDICT
Pick Teams, Players & Events - Even Combine Them All Together - All At Underdog!

Crypto.com logo and the phrase Predictions Powered By Underdog Predict
Trading derivatives involves risk and may not be appropriate for all. For more information visit: https://ww.nadex.com/rules and https://underdogfantasy.com/rules. For Crypto.com Predictions, the term "pick" refers to a product traded on CDNA. Must be 18+ (19+ in AL, NE; 19+ in CO for some games; 21+ in AZ, MA, and VA) and present in a state where Underdog Fantasy operates. Terms apply. See assets.underdogfantasy.com/web/PlayandGetTerms_DFS_.html for details. Offer not valid in MD, MI, NJ, NY, OH, and PA. Concerned with your play? Call 1-800-GAMBLER or visit www.ncpgambling.org
PLAY NOW
PREDICTION MARKETS
SIGN UP
TODAY!

PLAY NOW

Underdog Sports established itself as a go-to for Daily Fantasy Sports players, and the Underdog app now offers sports prediction markets through Team Picks. Users in eligible states can make Team Picks to trade on moneylines, point spreads, and over-under totals for a variety of sports games. Underdog Predict also offers Culture Picks for users to trade on non-sports markets like politics and entertainment.

New User BonusSign Up Here
Promo CodeN/A
Mobile App AvailabilityiOS (Apple App Store), Android (Google Play)
App NameUnderdog Sports
Available StatesAL, AK, AR, CA, DC, FL GA, KS, MN, MS, MO, NE, NM, ND, OK, OR, RI, SC, SD, TX, UT, VA, VT, WI, WY
Prohibited StatesAZ, CO, CT, DE, HI, ID, IL, IN, IA, KY, LA, ME, MD, MA, MI, MT, NV, NH, NJ, NY, NC, OH, PA, TN, WA, WV
Accepted Payment MethodsDebit Cards, Apple Pay, Trustly
Best FeaturePlayer prop markets available for sports picks

Users in over 20 states can now trade sports event contracts with Underdog Predict to call their shot on a variety of sports outcomes. Underdog prediction markets are available within the Underdog Sports app, so it’s very easy to access and doesn’t require users to download another app. The current markets available for Underdog Predictions include making picks for winners, point spreads, and total points. Available leagues/sports to trade on Underdog include the NFL, NBA, NHL, MLB, and CFB, with more leagues and sports expected to be added over time.

There is no Underdog Predict promo code currently available, but the link on this page will direct new users to create an account.

Fanatics Markets

Live as of a December 2025 launch, Fanatics Markets is a new, user-friendly prediction market platform available in several states, with more locations scheduled to follow soon. Once a welcome offer has been established, new users can click our linked Fanatics Markets promo code to score a sign up bonus when they get started. The Fanatics Markets platform offers a variety of prediction markets, including sports, finance, politics, culture, and more, with pricing provided by Crypto.com.

New User BonusN/A
Promo CodeN/A
Mobile App AvailabilityiOS (Apple App Store), Android (Google Play)
App NameFanatics Marktes: Trade Sports
Available StatesAK, DE, HI, ID, ME, NH, ND, RI, SD, UT
Prohibited StatesAL, AZ, AR, CA, CO, CT, FL, GA, IL, IN, IA, KS, KY, LA, MD, MA, MI, MN, MS, MO, MT, NE, NV, NJ, NM, NY, NC, OH, OK, OR, PA, SC, TN, TX, VT, VA, WA, WV, WI, WY
Accepted Payment MethodsOnline Banking, Debit Card, Apple Pay, Wire Transfer
Best FeatureIn-app promos for existing users

A legal, federally regulated (by the CFTC) platform, the Fanatics Markets app is available to download on iOS and Android devices. Fanatics Markets initially launched in Alaska, Delaware, Hawaii, Idaho, Maine, New Hampshire, North Dakota, Rhode Island, South Dakota, and Utah. The platform will soon launch in Alabama, California, Florida, Georgia, Minnesota, Mississippi, Nebraska, New Mexico, Oklahoma, Oregon, South Carolina, Texas, Washington, and Wisconsin.

PrizePicks Predict

PrizePicks recently introduced prediction markets that allow users to trade event contracts within the PrizePicks app. With PrizePicks Predict, users can make picks on sports outcomes, like the winner of a game, fight, match, and many more options. There are also futures markets like win totals, playoff chances, and champions. Additionally, prediction markets offered on PrizePicks allow users to trade contracts for non-sports markets like music, movies, politics, and more.

New User BonusN/A
Promo CodeN/A
Mobile App AvailabilityiOS (Apple App Store), Android (Google Play)
App NamePrizePicks – Sports Picks
Available StatesAL, AK, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY
Prohibited StatesAZ, NV
Accepted Payment MethodsDebit Cards (Visa & Mastercard), Instant Bank Transfer, Apple Pay
Best FeatureMake Team Picks and Culture Picks within the PrizePicks app

Team Picks are currently available in 35 states, offering event contracts for popular sports and leagues like the NFL, NBA, NHL, MLB, Soccer, UFC, and more. Culture Picks are currently available in 48 states (only prohibited in AZ and NV) with markets for entertainment awards like the Oscars and Emmys, plus political markets like the winner of the next Presidential Election.


Comparing Top Prediction Market Apps

Compare some of the top prediction market apps to sign up and trade on real world outcomes across a variety of categories. New users can claim a welcome offer to get started with a bonus when they sign up with the linked prediction platforms on this page.

Some of the top operators currently offering a welcome bonus for new traders include Kalshi, Polymarket, OG, Novig, and Crypto.com. Use the widget above to look at prediction market apps side by side and decide what platform is best for you.


How Prediction Markets Work

Prediction markets are very straightforward and offer a trading alternative to traditional sportsbooks. The unit of commerce is an event contract, with each contract having a yes or no outcome. Users stake sides and trade on those yes and no outcomes (affecting the prices of each side in the process), and then wait for the event to play out. Once an outcome has occurred, those who purchased the correct side of the yes/no event will keep the total value of the contract(s).

The yes/no sides of contracts are priced based on the probability of the event, and are then affected by users trading on the positions. This is different from traditional futures contracts, which are priced based on the expected values of commodities and financial instruments, or traditional sportsbooks, which have betting lines set by oddsmakers.

Odds and Probability Conversion

Seeing that prediction markets are technically not betting, the unit of measurement for traders is implied probability, not odds. The table below outlines the conversion from American betting odds to implied probability.

Contract PriceImplied ProbabilityBetting Odds
$0.1010%+900
$0.2020%+400
$0.3333%+200
$0.5050%+100
$0.6767%-200
$0.8080%-400
$0.9090%-900

Trading contracts on prediction markets is very straightforward. Users buy or sell contracts to stake a yes/no outcome of a real world event, with each side priced based on market-implied probability. Contracts total $1 each, with the difference in price realized as potential profit for either side.

For example, a user might trade on the New York Yankees to win their next game (Yes) at $0.65 (65% implied probability). The difference in yes/no is $0.15. If the Yankees win the game, the user will win $0.15 per (Yes) contract owned.


How to Trade Contracts on Prediction Markets

How To Trade Prediction Markets

Trading event contracts on prediction market apps is very easy, and there is no shortage of categories for taking positions. Users can safely trade event contracts and predictions on several federally regulated platforms to call their shot across a variety of markets, including weather, politics, technology, economics, sports prediction markets, and more.

For example, an event contract could be as simple as “Will it rain in New York City today?” Users will have the ability to stake either side of the yes/no event contract, with each side’s price based on the probability of rainfall on that given day. As users trade contracts, buying and selling on either side of the event, the prices will change in accordance with the market action. Then, if it rains, the traders who purchased the ‘Yes’ side will win the full value of the event contract(s), and those who held the ‘No’ side will not win anything.

One of the most user-friendly aspects of prediction markets is the fact that traders can also sell their positions before the event in question has played out. And depending on how the market has moved since they initially purchased the event contract, they could stand to profit from selling positions early.

Market Price Trades

One of the ways to use prediction market apps is to execute instant trades at available market prices. When trading with market prices, users will be buying or selling event contracts at the best available price on the market. These transactions are executed instantly, so there’s no need to wait around for the order to go through. Depending on the quantity of the order, the purchased or sold contracts might not all be the same price. This is because of the availability of contracts on the market; however, users can rest assured that all their contracts purchased or sold in an instant order are at the best available prices.

Set Price Trades

Users can also execute set price trades on prediction market apps to buy and sell event contracts at an exact price. With this method, users will set the price at which they wish to buy or sell contracts, and the order will only be executed if and when there is a corresponding order at that set price. Because of this, there is no guarantee that the trade will be executed instantly, or even at all. This method offers a bit more user control as the purchase or sale of contracts will only be executed at the exact price the user has set.


Prediction Market Trading Categories

Prediction markets offer a wide range of topics for users to trade on, so there’s never a shortage of options. Some of the most popular prediction market categories include Sports, Politics, Weather, Financial Markets, Health, Technology, and more.

Sports

Trade sports event contracts across popular sports and leagues like the NFL, NBA, MLB, NHL, MMA, Boxing, Soccer, Golf, Tennis, and others. Sports prediction markets are available for both professional and collegiate sports, bringing even more options to the table. Examples could be users trading on a team to win the Super Bowl, the College Football Playoff, NBA Finals, and other major sporting events.

Politics

Politics is another massively popular prediction market field, allowing users to buy and sell contracts based on political outcomes. This could include a range of options like the result of an election (federal or state level), a Supreme Court case ruling, government shutdowns, and more. Users had the ability to trade on the results of the 2024 US Presidential Election, and will once again have the ability to buy and sell event contracts for the 2026 midterms.

Weather

Event traders can enjoy taking positions on Weather prediction markets for climates all around the world. Popular weather options include the high temperature in a city on a given day, snow or rainfall in a set location on a specified date, natural disasters like hurricanes, tornadoes, earthquakes, and more.

Financial Markets

Trading on Financial Markets is another popular option as users can buy and sell event contracts pertaining to stock prices, crypto, closing prices of the Nasdaq or S&P, and treasury yields, to name a few. With a prediction market platform like Robinhood, users can hold their actual stock positions, as well as financial event contracts, all under one roof in the same portfolio.

Health

Public Health is available as a trading category, with prediction markets for drug and vaccine approvals, the number of prescriptions for a specific drug, public health emergency statuses, the breakout of a pandemic, and more.

Technology

Technology is another popular category for prediction markets, offering an impressive range of trading options. To give an example, users might see a market for the most downloaded iPhone app, or the release date of a new smartphone, tablet, or gaming system.


Sports Prediction Markets

Sports Prediction Markets

There is no question that Sports Prediction Markets are some of the most popular event trading actions. Trading on sports is truly a premium option for eligible users, as it’s legal and available nationwide. Traditional sportsbooks, on the other hand, are only available in select states at this time. Fans can trade on all their favorite sports like football, basketball, baseball, hockey, combat sports, soccer, golf, tennis, and more.

Sports prediction markets allow users to lock in on a specific game to predict winners, and they can also call their shot on future event outcomes like a team to reach the Playoffs, win their division, conference, or even the championship. Unlike traditional sports betting, users can also close (sell) their positions on sports event contracts before the event has taken place. And if the market has moved in their favor since they bought the contract(s), they could stand to profit from the transaction.

NFL Prediction Markets

As is the case with sports betting, trading on NFL prediction markets is the most popular sport offered, with high market liquidity for a variety of outcomes.

Sports Prediction MarketKalshiPolymarketNovigMarket Liquidity
Super Bowl WinnerYesYesYesHigh
Conference WinnerYesYesYesHigh
Division WinnerYesYesYesMedium
To Make the PlayoffsYesYesYesMedium
Individual GamesYesYesYesHigh
Player PropsLimitedNoYesLow
End of Season AwardsYesYesYesMedium

NBA Prediction Markets

NBA prediction markets are very popular throughout the regular season and the Playoffs, offering a mix of high and medium market liquidity.

Sports Prediction MarketKalshiPolymarketNovigMarket Liquidity
NBA Finals WinnerYesYesYesHigh
Conference Finals WinnerYesYesYesHigh
Individual GamesYesYesYesHigh
To Make the PlayoffsYesYesYesMedium
Player PropsLimitedNoYesMedium
End of Season AwardsYesYesYesMedium

NHL Prediction Markets

NHL prediction markets have a lower volume than NFL and NBA markets, offering medium market liquidity for most trading options.

Sports Prediction MarketKalshiPolymarketNovigMarket Liquidity
Stanley Cup WinnerYesYesYesMedium
Conference FinalsYesYesYesMedium
Individual GamesYesYesYesMedium
End of Season AwardsYesYesYesMedium

Soccer Prediction Markets

Seeing that prediction markets are available globally, coupled with soccer’s status as the world’s most popular sport, it’s easy to understand why there is a high volume of traders looking to buy and sell contracts for soccer outcomes.

Sports Prediction MarketKalshiPolymarketNovigMarket Liquidity
World Cup WinnerYesYesYesHigh
Champions League WinnerYesYesYesHigh
Domestic League WinnerYesYesYesHigh
Individual MatchesYesYesYesMedium

Other Sports

Some of the other sports with prediction markets. As some of these sports are more niche, there is understandably less market liquidity.

Sports Prediction MarketKalshiPolymarketNovigMarket Liquidity
UFC (MMA)YesYesYesMedium
GolfYesYesYesMedium
MLBYesYesYesMedium
TennisYesYesYesMedium

Prediction markets are legal in all 50 states, providing the ability for users nationwide to trade on federally regulated platforms. This is extremely beneficial, especially for the aspect of sports prediction markets. Currently, online and retail sports betting is only permitted in select states, but sports prediction markets are legal throughout the country.

As prediction markets continue to grow in popularity, users can expect to enjoy even more markets and trading options to stake positions across a variety of topics. As financial gamification continues to grow, prediction markets stand to gain an influx of investors looking to trade on just about anything.

It should be pointed out that some states have limited markets available for users to trade on due to ongoing legal challenges of prediction markets.


Regulation for Prediction Markets

US-based prediction markets are federally regulated by the Commodity Futures Trading Commission (CFTC), ensuring safe and protected trading for all users. As the governing body for prediction markets, the CFTC is responsible for investigating violations of the CEA and the CFTC regulations, prohibiting event contracts that are unlawful or deemed to be contrary to public interest, and regulating security futures products (SFPs) alongside the Securities and Exchange Commission (SEC).

Prediction market platforms are required to register with the CFTC as a Designated Contract Market (DCM) or a Swap Execution Facility (SEF). As such, this CFTC jurisdiction (federal regulation) for prediction market exchanges takes priority over state gambling regulatory bodies.


Sports Prediction Markets FAQ

What sports can I trade on Prediction Markets?

Users can enjoy prediction markets for all their favorite sports like football, basketball, soccer, baseball, golf, combat sports, hockey, and more.

What is the minimum age for Prediction Markets?

The CFTC stipulates that users must be at least 18 years of age to trade on Prediction Markets.

Where are Prediction Markets legal?

Online Prediction Market platforms are legal in all 50 states, providing nationwide trading ability for eligible users.

What can I trade on Prediction Markets?

Prediction Markets allow users to trade on a variety of outcomes for fields like politics, financial markets, sports, weather, technology, economics, health, and others.

Are Prediction Markets safe and trusted?

Yes, all legal US prediction market platforms are federally regulated by the Commodity Futures Trading Commission (CFTC) to ensure safe and fair trading practices for all users.

Can I download Prediction Market apps?

Yes, users can access popular prediction market platforms like Kalshi, Novig, and others via mobile app, as well as on a website.

Kevin Wolff

After years of writing as well as Data Analyst work for Pro Football Focus, Kevin Wolff is now a Sports Betting Writer for SportRadar. A graduate of Fordham University in NYC, Kevin is also a full-time dog dad when he's not writing. He can be reached at k.wolff@sportradar.com

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