Sports Prediction Market Apps

Prediction markets are booming right now and changing the sports betting landscape. We are here to help you navigate this new world and find the best prediction market app for you.

Pros of Prediction Markets
  • Can find better odds/prices
  • Positions can be sold before an event is settled
  • Well suited for season-long futures and award markets
  • Available in most US states
Cons of Prediction Markets
  • Limited market depth compared to major sportsbooks
  • Fewer bet types (usually no parlays)
  • Prices can move quickly, making timing important

Prediction Markets vs Sportsbooks

CategoryPrediction MarketsTraditional Betting Apps
Legal Age18+21+
States Available50 states (for now)38 states
Odds Set ByMarketOddsmakers
Live Betting
Parlays❌ (rare)
Player Props❌ (rare)
Game Lines
FormatTradable contractsFixed-odds bets

A Quick Explanation of Sports Prediction Markets

Prediction markets are platforms where users trade on the outcome of future sports events rather than placing traditional fixed-odds bets. Prices are determined by market activity and adjust as new information becomes available. While they share some similarities with traditional betting apps, prediction markets operate differently in key areas, particularly in terms of pricing, flexibility, and the types of sports markets offered.

How They Work

Prediction markets allow users to trade on future sports outcomes instead of placing fixed bets. Each outcome is represented by a contract that settles at 100 if it happens and 0 if it does not.

Pricing

Prices range from 0 to 100 and reflect the market’s current view of an outcome’s likelihood. These prices are set by buying and selling activity rather than by oddsmakers.

What Moves Prices

Market prices change as new information becomes available. In sports, this often includes injuries, roster moves, schedule difficulty, performance trends, and shifts in public perception.

Exiting a Position

Similar to early-cashout on traditional betting apps, positions can be sold before the outcome is decided. This allows users to exit early if circumstances change or if prices move in their favor.

Common Sports Markets

Prediction markets are typically used for long-term outcomes such as championships, playoff qualification, season win totals, and award races. However, recently, sports prediction markets have started offering individual games formatted as X-team to win, Yes/No. What you typically miss with prediction markets are player props, even though Kalshi recently became the first to offer NBA prop bets.

My General Thoughts on Prediction Markets

Jake Koehler
Jake Koehler - Content Writer

Before we look at the different prediction market apps, I want to provide my thoughts as a whole.

Prediction markets are new and sometimes confusing, so it's important to understand them. First off, prediction markets are a betting platform. The marketing behind them doesn't directly state that, as they legally operate and are branded as stock trading rather than betting. However, there is no difference in outcome from "trading" on a team to win a football game, and betting on them using traditional sports betting app.

I've also seen deceiving ads from prediction markets that make it seem like another form of income, like investing. This is not true for most. Please don't quit your job to trade on prediction markets; it should be a form of entertainment, just like sports betting.

The positive side of prediction markets is that it makes sports betting available for people in states that don't have legalized sports betting. I love sports betting, and am fortunate enough to live in a state that allows it. If I lived somewhere that didn't, prediction markets would be the best option for me to bet on sports.

Our Favorite Sports Prediction Market Apps

While we prefer traditional sports betting apps here, it's no secret that prediction markets are a big part of the industry. Since we want to provide you with the most complete look and let you decide for yourself if they are right for you, here are what we believe are the best prediction market apps for sports.

Kalshi

New Traders Get $20 Deposited Into Their Account

App Interface Score: ⭐⭐⭐⭐⭐⭐⭐⭐⭐

Kalshi is the biggest name in sports prediction markets. Not only was it one of the first, but Kalshi has been pushing the industry along by adding new features that only existed in traditional sportsbooks before. Look for Kalshi to continue leading the charge as the most recognizable name in the game.

App Store Rating4.7
Play Store Rating4.4
Payment MethodsACH, debit card, USDC
Best Feature

Offers parlays & player props

Users are Saying:

App Store Reviews

HCS69 – ⭐⭐⭐⭐☆

"I really enjoy using this app and trading shares, especially when it comes to sports. One aspect I like more than any other app is that it used to show game scores in real time alongside the market. However, it seems those scores have been removed from the app, and that’s one feature I really wish they would bring back."

TommyDude8 – ⭐⭐⭐⭐

"This app is really cool if you like to gamble but don’t want to risk excessive amounts of money, and if the casino is starting to feel boring. So far, I feel like they have some cool things to offer. Although there are quite a few fees, they have to make money too, so it’s understandable."

Play Store Reviews

Matt Rowe – ⭐⭐⭐⭐

"Actually, this is one of the best apps out there for betting. Bet anything, if a game isn't looking too good, you can just cash out for a small loss. Highly recommend!"

Chris King – ⭐⭐⭐⭐☆

"They are too slow with the payouts, but other than that, I like the app. Plus, some of you guys have unrealistic expectations. They let you invest while the game is on and the team is ahead. You can't expect an even return. A bunch of little wins is cool in my book."

Brennan Young – ⭐⭐

"App is glitchy. My "For You" page loaded when I first installed the app. It has not loaded ever since. I have to search for contracts, instead of them being there."

PrizePicks Predict

Play $5, Get $50 in Lineups Win or Lose

App Interface Score: ⭐⭐⭐⭐⭐⭐⭐

PrizePicks was already one of the leaders of the Pick'em community, but now it has expanded into prediction markets. The main reason for this is that it can now offer game picks rather than solely player props. PrizePicks has a great-looking app, is in tune with modern trends and culture, and keeps things light with humor and a younger tone.

App Store Rating4.7
Play Store Rating4.4
Payment MethodsDebit card, bank transfers
Best Feature

Catered towards younger crowd

Users are Saying:

App Store Reviews

CashKrazma – ⭐⭐⭐⭐

"I’ve been on this app for a little over a year, and I love it. Sometimes it goes a little slow or has a few glitches, but that’s to be expected when so many people are online, and it’s constantly updating. It’s a live app with players that are always changing, so occasional issues are normal. I do see people complaining about the withdrawal process, but you just have to read what they’re telling you to do. After that, it’s usually smooth sailing from there."

Brittnee Boushek –

"Why's Joe Biden pictured for Philip Rivers?"

Play Store Reviews

Michael Buchanan –

"It's pretty easy to use, but heck, there are a lot of different sports, teams, and combos to pick from. If you can think it you can likely bet it."

Enrique Jacobo Jr –

"I miss the old Prizepicks; looking at players' stats was easier and more efficient."

Underdog Prediction Picks

Play $5, Get $75 in Bonus Entries

App Interface Score: ⭐⭐⭐⭐⭐⭐⭐⭐⭐☆

Just like PrizePicks, Underdog is one of the top dogs of the DFS/Pick'em industry. It has also recently expanded into sports prediction markets, which makes it easy for people who already use Underdog. You can use your same account, and just have to go through extra verification to be able to take game picks. I like that Underdog's prediction market aspect only focuses on sports, and doesn't offer any culture or politics markets.

App Store Rating4.8
Play Store Rating4.4
Payment MethodsCredit/debit card, online banking, PayPal, Venmo
Best Feature

Can parlay team picks with player props

Users are Saying:

App Store Reviews

Felipev04 – ⭐⭐

"I like the app overall. It gives a discount almost every day. This app also offers up to a 6x multiplier for a three-pick parlay, compared to other apps, which are usually 5x or less.The only problem is customer service. My girlfriend’s account got restricted because we used my phone for both of our accounts. We were not aware that this was prohibited. It states that you can’t do “multi-accounting,” but it doesn’t really explain what that is."

Turlio –

"I’ve used UD since the start, and everything was naturally great, from functionality to game selection. Unfortunately, this company has been completely consumed by big money, and it shows. Their resources are now poured into strange celebrity cameos rather than the users who support them. Their entire commitment seems to be to their pick’em book, which barely even has half of the lines most people are looking for at any given time."

Play Store Reviews

Cliff Bonds – ⭐⭐

"Awesome! If you want to risk your money by betting on parlays or fantasy, this app is the best. They’re generous with promotions, and the app is very simple to learn and use. Everything is straightforward, and cashing out is a breeze. I cashed out on Friday at 6 p.m., and didn’t receive it until Monday morning, but that’s normal. They do pay out real money. It’s in my account."

Luke Higgins⭐⭐

"The app works great most of the time. However, when it comes to a site that handles and deals with people's money, you should expect near-perfect reliability. I often have to manually force close the app to update my current balance. This means I may be trying to squeeze in a halftime bet, but I have to add some money. But the app does not recognize that I have made a deposit or won another bet earlier. So I restart the app, and now I have the deposit as well as plenty of winnings to cover."

Novig

App Interface Score: ⭐⭐⭐⭐⭐⭐⭐⭐

Novig was the first prediction market to focus solely on sports. If it weren't for the type of language it uses (like portfolio), you would think it is another regular sports betting app. It highlights spreads as well as game totals and moneylines in a way that looks more familiar to sports bettors.

App Store Rating4.8
Play Store Rating3.5
Payment MethodsTrustly, Aeropay
Best Feature

Looks the most like a sportsbook

Users are Saying:

App Store Reviews

Chris J. Matthew – ⭐⭐⭐⭐⭐

"This app is very well laid out. You can easily find any bet you’re looking to make in a very short time, unlike some other apps. The odds you find on this app are routinely better than most. It doesn’t have all the bells and whistles you see on other apps, but that’s what makes it so good. You get what you need to place your bets, with no “noise.”"

BlaccThor0 – ⭐⭐⭐⭐⭐

"I haven’t had any issues with the app. It runs smoothly and is easy to navigate, and the daily sign-in for Novig cash is pretty cool. The only thing is that I wish there were more player props. Don’t get me wrong, there are plenty, but there are certain ones they don’t have. All in all, I’d rate it a 9/10 all day!"

Play Store Reviews

Ashton Moua – ⭐

"I want to give this app a 5-star, but it's so buggy on my phone. constantly crashes and lags a lot."

James Hanes – ⭐

"The app is glitchy. It takes multiple attempts to sign in, then tells me to update the app, and freezes. I closed it out and went to update it, and there is no update. frustrated and annoyed and about to walk away for good."

Fanatics Markets

App Interface Score: ⭐⭐⭐⭐⭐⭐⭐☆☆

Fanatics is one of the most well-known brands in sports, and it has quickly made a splash in the betting world. It beat DraftKings and FanDuel in the race to launch a prediction market app, and it is currently offering a better product. It has impressive football markets for a prediction app, with props like anytime TD scorer.

App Store Rating5.0
Play Store RatingN/A
Payment MethodsACH, debit card, USDC
Best Feature

Offers football player props

Users are Saying:

App Store Reviews

DaneWeick – ⭐⭐⭐⭐☆

"Impressed with market depth so far."

Rigorrmorr– ⭐⭐⭐⭐

"I love the app."

Play Store Reviews

No reviews yet

Crypto.com

App Interface Score: ⭐⭐⭐⭐⭐⭐☆☆☆☆

App Store Rating4.7
Play Store Rating4.4
Payment MethodsACH, debit card, PayPal, wire transfer
Best Feature

Can play with crypto balance

FanDuel Predicts

App Interface Score: ⭐⭐⭐⭐⭐⭐☆☆

App Store RatingN/A
Play Store RatingN/A
Payment MethodsOnline banking, debit card
Best Feature

Looks a lot like FanDuel Sportsbook app

DraftKings Predictions

App Interface Score: ⭐⭐⭐⭐⭐⭐⭐☆☆

App Store Rating4.6
Play Store Rating3.8
Payment MethodsOnline banking, debit card, wire transfer
Best Feature

Offers alternate spread lines

Robinhood

App Interface Score: ⭐⭐⭐⭐⭐⭐⭐☆☆☆

App Store Rating4.3
Play Store Rating4.2
Payment MethodsBank transfer, wire transfer
Best Feature

Deep college football markets

Webull

App Interface Score: ⭐⭐⭐⭐⭐⭐☆☆☆

App Store Rating4.7
Play Store Rating4.6
Payment MethodsACH, debit card, wire transfer
Best Feature

Pays out 30 mins after event ends

What about Polymarket?

Polymarket isn’t on our list, not because it isn’t interesting, but because its U.S. comeback is brand new. In December 2025, Polymarket finally received CFTC approval to operate as a regulated prediction market exchange in the U.S., which is a big shift after years of being restricted.

That’s a major step, but with any transition like this, there are still a lot of unknowns around how the platform will roll out, what access will look like for everyday users, and how smoothly everything works under U.S. regulation. For now, we’re taking a wait-and-see approach before including it alongside more established, fully operating platforms like Kalshi.

The legality of prediction markets is more complicated than traditional sports betting because they are regulated differently.

Sportsbooks are licensed at the state level, while prediction markets operate under federal oversight, involving the Commodity Futures Trading Commission (CFTC). Instead of being classified as gambling, prediction markets typically structure their offerings as event-based contracts tied to real-world outcomes.

This framework allows some platforms to operate nationwide, including in states where sports betting apps are not legal. However, the regulatory landscape is still developing, and sports-related contracts exist in a gray area. As a result, market availability, contract types, and age requirements can vary by platform and may change over time.

Even though sports prediction markets exist in this legal loophole, that doesn't mean they aren't regulated and safe to use. Platforms still have to follow federal regulations, reporting requirements, and ongoing regulatory review. Deposits and withdrawals are reliable, and these are legit companies. The only safety concern that I have is with the crazy cultural markets you can trade on, but we are only focused on the sports side of prediction markets.

The legal status of prediction markets will remain a big legal topic, as we see many states are already taking action against them. It may all hit the fan in the near future, but for now, prediction markets are usable almost anywhere.

State by State Breakdown

StateStatusNotes
AlabamaNo public state action reported
AlaskaNo public state action reported
ArizonaNo public state action reported
ArkansasNo public state action reported
CaliforniaNo public state action reported
ColoradoNo public state action reported
ConnecticutEnforcement / C&DState DCP ordered Kalshi/Robinhood/Crypto.com to cease. Enforcement temporarily paused in federal court.
DelawareNo public state action reported
FloridaNo public state action reported
GeorgiaNo public state action reported
HawaiiNo public state action reported
IdahoNo public state action reported
IllinoisEnforcement / C&DState regulators have issued cease-and-desist style notices tied to sports event contracts (reported).
IndianaNo public state action reported
IowaNo public state action reported
KansasNo public state action reported
KentuckyNo public state action reported
LouisianaEnforcement / C&DState gaming regulator signaled prediction-market sports contracts may be illegal under state law (reported).
MaineNo public state action reported
MarylandEnforcement / C&DState action reported against sports event contracts; broader legal challenges ongoing per national reporting.
MassachusettsLawsuit / litigationAG sought court order/injunction to block Kalshi sports prediction markets.
MichiganNo public state action reported
MinnesotaNo public state action reported
MississippiNo public state action reported
MissouriNo public state action reported
MontanaNo public state action reported
NebraskaNo public state action reported
NevadaEnforcement / C&DState gaming regulator action against sports event contracts; litigation has been part of the dispute per reporting.
New HampshireNo public state action reported
New JerseyEnforcement / C&DState regulators have challenged sports event contracts; court activity also reported around enforcement.
New MexicoNo public state action reported
New YorkBill proposedORACLE Act (A09251) introduced; would restrict prediction markets, including athletic event contracts.
North CarolinaNo public state action reported
North DakotaNo public state action reported
OhioEnforcement / C&DOhio Casino Control Commission sent C&D notices re: sports event contracts.
OklahomaNo public state action reported
OregonNo public state action reported
PennsylvaniaNo public state action reported
Rhode IslandNo public state action reported
South CarolinaNo public state action reported
South DakotaNo public state action reported
TennesseeNo public state action reported
TexasNo public state action reported
UtahNo public state action reported
VermontNo public state action reported
VirginiaNo public state action reported
WashingtonEnforcement / pushback reportedState pressure and regulator attention referenced in national reporting.
West VirginiaNo public state action reported
WisconsinNo public state action reported
WyomingNo public state action reported

Sports Prediction Market Updates

December 2025
State regulators escalate scrutiny
Multiple states issued warnings or enforcement actions against platforms offering sports-related prediction contracts, increasing pressure on how these markets are offered at the state level.


DraftKings, FanDuel, and Fanatics Launch Prediction Market Apps –
Three major U.S. sportsbook operators officially launched their prediction market products, signaling a major push into the space from established betting brands

Coinbase Sues Multiple States Over Prediction Market Rules – Coinbase filed federal lawsuits against Michigan, Illinois, and Connecticut, arguing that states cannot regulate prediction markets because they fall under CFTC jurisdiction rather than state gambling laws.

Polymarket receives CFTC approval – The Commodity Futures Trading Commission issued an amended Order of Designation allowing Polymarket to operate in the U.S. as a fully regulated prediction market exchange. Polymarket has been operating as an offshore, decentralized platform for the last few years, but now it will join its fellow prediction markets in the U.S. space.

November 2025
Major platforms expand sports markets
Several prediction market apps added new sports futures and award markets, signaling growing interest in long-term sports outcomes.


FanDuel and DraftKings Leave the AGA Ahead of Prediction Market Launches –
On November 18, FanDuel and DraftKings exited the American Gaming Association as they prepared to roll out their own prediction market platforms.

Crypto.com Scales Back Sports Event Contracts – Amid regulatory pressure, Crypto.com pulled sports event contracts from several U.S. states (including Arizona and others), citing legal challenges and enforcement threats from gaming regulators.

October 2025
Legal challenges move to federal court
Ongoing lawsuits between state regulators and prediction market operators highlighted the debate over whether sports contracts should be treated as gambling or federally regulated event contracts.

NHL Partners With Prediction Market Platforms – In October, the NHL became the first major North American sports league to partner with prediction markets, announcing deals with Kalshi and Polymarket.

Nevada Court Ruling Against Prediction Market Firm – A Nevada court dissolved a preliminary injunction that had protected prediction market operations, instead ruling that certain firms offering sports event contracts fall under state gaming laws.

September 2025
Prediction markets gain mainstream attention
Increased media coverage and user activity pushed sports prediction markets further into the spotlight ahead of the NFL and college football seasons.


Kalshi Overtakes Polymarket in Trading Volume –
Kalshi surpassed Polymarket in weekly trading volume for sports event contracts, signaling a shift in market leadership as sports prediction markets continued to grow.

Robinhood Files Federal Suit to Block Massachusetts Enforcement – Robinhood sued the Massachusetts Attorney General and gaming commission to prevent the state from applying local gambling laws to its Kalshi-powered sports prediction markets, intensifying the legal debate over state vs federal authority.

Newest Apps to Launch

The following are the dates that these companies began operating as sports prediction markets:

FanDuel Predicts: Launched Dec. 22, 2025

DraftKings Predictions: Launched Dec. 19, 2025

Fanatics Markets: Launched Dec. 3, 2025

PrizePicks Predict: Launched Nov. 14, 2025

Underdog Prediction Picks: Launched Sept. 2, 2025

WeBull: Launched Sept. 2025

Robinhood: Launched Mar. 17, 2025

Kalshi: Launched Jan. 2025

Crypto.com: Launched Dec. 23, 2024

Novig: Launched Sep. 2024

Operators Waiting on Approval

  • ProphetX - Expected 2026

ProphetX currently runs in most states using a sweepstakes model with virtual currency, while it waits on CFTC approval that could eventually allow real-money, federally regulated sports trading.

Sports Prediction Market Apps FAQ

What are prediction markets?

Prediction markets are platforms where users trade on the outcome of future events instead of placing fixed-odds bets. In sports, that usually means buying and selling positions on things like game winners, championships, playoff spots, or award winners, with prices moving based on market activity and new information.

Are sports prediction markets legal?

Yes. Sports prediction markets are regulated differently from sportsbooks. Many operate under federal oversight rather than state gambling licenses, which allows some platforms to be available nationwide. However, the legal landscape is still evolving, and some states have challenged or restricted certain sports-related markets. Legality can vary by platform and location, so it’s important to check each app’s rules before using it.

What are the best sports prediction apps?

The best sports prediction market apps are:

  • Kalshi
  • DraftKings Predictions
  • Fanatics Markets
  • Crypto.com
  • PrizePicks Predict
Where can I use prediction markets?

Some prediction markets like Kalshi are still available in all 50 states, but many states are actively trying to block them from operating with cease-and-desist orders against brands and proposing bills.

How are prediction markets different from sportsbooks?

Sportsbooks offer fixed odds set by oddsmakers, and once you place a bet, you’re usually locked in until the result is settled. Prediction markets use prices set by users, and positions can be bought and sold before the outcome is decided. That makes them more flexible, especially for long-term futures.

Is there a minimum age to use prediction markets?

Age requirements depend on the platform. Most allow users to participate at 18, while others require users to be 21. This can vary based on how the platform is regulated and where you’re located.