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 (some are in all 50)
Cons of Prediction Markets
  • Limited market depth compared to major sportsbooks
  • Fewer bet types (usually no parlays)
  • Prices can move quickly, making timing important
  • Some states are fighting the legality

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

The sports betting industry has been evolving in recent years, with the rise of social betting apps and now 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

#1 app for prediction markets

App Interface Score: ⭐⭐⭐⭐⭐⭐⭐⭐⭐

Kalshi has become the most recognizable name within sports prediction markets by being one of the first and most advertised. Compared to other prediction market platforms, Kalshi consistently rolls out more sports-focused markets, including player-based outcomes and multi-leg positions, which gives users more flexibility when building predictions. The app itself is fast, well-organized, and clearly built with frequent users in mind, making it easy to browse markets, track open positions, and react as prices move throughout the day.

When I use Kalshi, it feels like the most polished prediction market app available right now. I like how easy it is to move between markets and adjust positions without feeling overwhelmed by clutter. Everything feels intentional, from how markets are grouped to how quickly trades update. Kalshi works best when I want more variety than what I usually see on smaller or newer prediction market apps.

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

Most In-tune culturally

App Interface Score: ⭐⭐⭐⭐⭐⭐⭐

PrizePicks Predict is a natural extension of the PrizePicks brand, which already built a massive audience through its pick’em-style player prop contests. With Predict, PrizePicks expands beyond individual player performances and introduces outcome-based markets tied to games and events, bringing it closer to the prediction market space while still feeling familiar to its existing user base. Compared to other prediction market apps, PrizePicks Predict stands out by leaning heavily into simplicity and presentation, keeping markets easy to understand and tightly integrated into the same ecosystem users already know.

From my perspective, this is easily the most approachable prediction market app for newer or younger users. The design feels modern, the language is casual, and the app doesn’t take itself too seriously, which makes it less intimidating than some more finance-style platforms. I like that it still feels like PrizePicks at its core, just with more ways to interact with games beyond player props.

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."

Novig

Offers profit boosts daily

App Interface Score: ⭐⭐⭐⭐⭐⭐⭐⭐

Novig was the first prediction market built entirely around sports, and that focus shows throughout the app. Instead of branching into politics or economic events, Novig sticks to core sports markets like spreads, totals, and moneylines, presenting them in a way that feels familiar. While it still uses some trading-style language like “portfolio,” the overall structure closely mirrors how traditional sports lines are displayed, which helps it stand out from other prediction market apps that lean more heavily into finance-style presentation. Daily profit boosts also play a big role in keeping the platform active and competitive within the space.

When I use Novig, it feels like the prediction market that requires the least adjustment period from traditional sportsbooks. I don’t have to rethink how I approach games, because the layout and market types line up closely with what I already expect. I like that it stays locked in on sports and doesn’t try to be everything at once.

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

Good markets for overseas leagues

App Interface Score: ⭐⭐⭐⭐⭐⭐⭐☆☆

Fanatics Markets leverages the company’s massive sports footprint to deliver one of the more ambitious prediction market apps currently available. It was one of the first major sports betting brands to launch a dedicated prediction product, getting to market ahead of other large operators and immediately offering a wider range of sports-focused contracts than most competitors. The app does a particularly good job with international and overseas leagues, giving users access to soccer and global football markets that are often limited or missing on other prediction market platforms. Its football offerings also stand out within the space, including player-based outcomes like anytime touchdown scorer contracts, which are still relatively rare among prediction market apps.

Fanatics Markets feels closer to how sports fans naturally think about games. I like having access to overseas leagues without needing to dig through cluttered menus, and the football markets feel deeper than what I usually see elsewhere. The app still feels newer than some competitors, and needs some fine-tuning, but I know Fanatics is always improving its products.

App Store Rating4.3
Play Store Rating3.8
Payment MethodsACH, debit card, USDC
Best Feature

Offers football player props

Users are Saying:

App Store Reviews

DaneWeick – ⭐⭐⭐⭐☆

"Impressed with market depth so far."

Steeler Gang – ⭐⭐⭐⭐

"I love the app honestly, but at some point, it would be nice to have alternate lines."

Play Store Reviews

Chico Cruz – ⭐⭐⭐⭐

"The app and registration were very easy, no problems with the registration, the interface itself looks smooth, and the betting structure looks very user-friendly, looks like a winner."

Matthew Levins – ⭐☆

"Cannot sell my position."

DraftKings Predictions

Informs users how prediction markets work

App Interface Score: ⭐⭐⭐⭐⭐⭐⭐☆☆

DraftKings Predictions is a stripped-down prediction market app designed primarily as an entry point rather than a fully built-out platform. The app places a heavy emphasis on education, clearly explaining how prediction markets function, how contracts are priced, and how outcomes settle. Compared to other prediction market apps, the market selection is limited, and the overall experience feels minimal, but it still covers basic game outcomes well enough to participate. One important distinction is that DraftKings Predictions is only available in states where the DraftKings sportsbook does not operate, which significantly limits where users can access it.

From my experience, this app feels more like a learning tool than a destination I’d use regularly. It’s easy to understand, but there’s not much depth once you get comfortable with how everything works. I don’t find myself spending much time browsing markets or coming back frequently, mostly because there’s just not a lot to interact with. That said, if DraftKings Sportsbook wasn't available in a state, it does the job.

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

Offers alternate spread lines

Users are Saying:

App Store Reviews

Imronmexico –

"The newest Predictions app from DraftKings is very fast and much more user-friendly than its current competitors. I’ll be using this instead of the other prediction market apps moving forward!"

Eyeguy

"This app is awesome. It has a clean UX and is easy to use. It’s super quick, and I’m looking forward to continuing to use it as they grow the product!"

Play Store Reviews

Bryce Gobeli-Brown – ⭐

"Do NOT use this app."

Noah C – ⭐☆☆☆☆

"Dumpster fire of an app. It can’t locate me even with location services turned on. DraftKings is really falling off hard. Update: It’s been four days, and I still haven’t received the money I withdrew from my account."

FanDuel Predicts

On-brand with other FanDuel products

App Interface Score: ⭐⭐⭐⭐⭐⭐☆☆

FanDuel Predicts is built to feel instantly familiar to anyone who has used FanDuel’s other products. Rather than reinventing the wheel, the app closely mirrors the look and navigation of FanDuel sportsbook, with similar layouts, market groupings, and visual cues. Within the prediction market space, familiarity helps lower the learning curve, especially compared to apps that lean heavily into trading-style design. The platform is still relatively limited in terms of market depth, but it clearly prioritizes ease of use and brand consistency as it establishes its footing.

FanDuel Predicts feels like an extension of the broader FanDuel ecosystem rather than a standalone experiment. I don’t have to spend time figuring out where things are or how markets work, which makes jumping in quick and painless. The biggest drawback for me is availability. Access is still limited to a small number of states, which makes it hard to rely on consistently. Still, for users who already like how FanDuel builds apps, this one feels comfortable and intuitive right away.

App Store Rating2.9
Play Store Rating3.7
Payment MethodsOnline banking, debit card
Best Feature

Looks a lot like FanDuel Sportsbook app

Users are Saying:

App Store Reviews

GBBDILHG –

"Large spreads, high fees, and no ability to place limit orders. It feels like this was designed more to pump their stock than to create a good product."

MAADAAA –

"They were not prepared at all. DraftKings and Fanatics stole their idea."

Play Store Reviews

Jeremy –

"When I log in, I am greeted with a message telling me it's not in my location, but I get emails every day saying it is. Customer service just makes up excuses. 3 hours from the state line is too close, apparently."

Tiffany Depp –

"Loved it"

Crypto.com

Now can add up to 4 outcomes as a parlay

App Interface Score: ⭐⭐⭐⭐⭐⭐☆☆☆☆

Crypto.com approaches prediction markets from a broader ecosystem rather than a sports-first angle, but it still offers a surprisingly wide range of sports outcomes to choose from. The platform allows users to combine up to four outcomes into a single parlay-style entry, which is a notable feature compared to many other prediction market apps that stick to single-outcome contracts. Sports markets are integrated directly into the main Crypto.com app, alongside trading, wallets, and other products, making it easy for existing users to access predictions without downloading a separate platform.

From my experience, Crypto.com is most appealing if you’re already active on the app for crypto trading. I like being able to use my existing crypto balance to enter sports predictions without moving funds around or learning a new interface. That said, the sports section doesn’t feel as purpose-built as apps dedicated entirely to prediction markets, and navigation can feel a bit crowded at times. Still, as a secondary option or a crossover between crypto and sports predictions, it offers a unique experience that stands out from more narrowly focused platforms.

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

Can play with crypto balance

Users are Saying:

App Store Reviews

Bawell – ⭐⭐⭐⭐

"This app meets people where they are. It also rewards users for learning. The onboarding process is simple, and you can set notifications however you like. There’s a wide variety of things to invest in for every demographic, along with support for debit and credit cards."

Vlady Div – ⭐⭐⭐⭐☆

"The app crashes sometimes. A few times, I was about to open a good strike option, and the app crashed at a very crucial moment. I have an iPhone, and none of my other apps have ever crashed like that before. I expected a big trading platform not to have glitches like this, unless they’re intentional."

Play Store Reviews

Ricky Lavine – ⭐⭐⭐

"Three of us tried getting this app. I have tried to register numerous times. I am in a constant registration loop. It just keeps asking me for the same info over and over. I've emailed support, no reply at all. I really wanted to like this app, but I guess I can't use it."

Anthony Kubiak –

"Hard to navigate, crashes all the time, and extremely slow. Sure, they have thousands of crypto options, but if you can’t even read what they are, then the app is useless. I would recommend Robinhood or some other platform that’s actually quick and responsive."

Robinhood

Outlines trading prohibitions, showing integrity

App Interface Score: ⭐⭐⭐⭐⭐⭐⭐☆☆☆

Robinhood’s approach to prediction markets is shaped heavily by its background as a retail trading platform. One of the most notable differences is how pricing works on many of its event contracts, where the implied probabilities on both sides can add up to more than 100 percent. Within the prediction market space, it effectively gives users a slight pricing boost compared to platforms. To balance that, Robinhood applies trading fees that can run higher than what you might see on other prediction market apps, and it clearly outlines trading restrictions and prohibited behaviors directly within the product.

When I use Robinhood for prediction markets, pricing is what immediately catches my attention. I like seeing markets where both sides feel competitively priced, even if I’m paying a bit more in fees. The transparency around restrictions also makes the experience feel more structured and deliberate. That said, I’m more selective about when I use it. I tend to open Robinhood when pricing looks especially favorable, rather than using it as my primary prediction market app. It feels best suited for users who already trust the platform and are comfortable weighing tighter prices against higher fees.

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

Deep college football markets

Users are Saying:

App Store Reviews

Nick – ⭐⭐⭐⭐

"I love Robinhood as a whole, but the new app update added a lot of clutter and ugliness to the main view. It’s less clean, and I don’t even want to take screenshots anymore, which used to be one of the great things about it compared to other ugly stock apps."

Smsss – ⭐⭐⭐⭐

"Robinhood is leaps and bounds ahead of the competition in the experience it delivers. By far, it’s the best trading app built. I’ve used many platforms, but RH makes everything super intuitive and simple. Innovation is also happening at lightning speed, which, as a software engineer, I really love and would even want to be a part of."

Play Store Reviews

Jeremy Kamats – ⭐⭐⭐

"I've been using this app for a couple of years now. I love the look and how easy it is to invest. Recently, the app has been glitchy. Today's highs and lows, and the volume will flash on and off, so you can't tell what they say. Doesn't always show your buying power."

Andrew Feely – ⭐⭐

"The UI is glossy, but the customer service is a deal breaker. You'll hit a wall when service is needed (and eventually, yes, you'll need it). This may be an option for folks who are just getting started & need a simple app, but if you are looking for someone to stand by you, then go elsewhere."

Webull

Makes it easy to track live odds

App Interface Score: ⭐⭐⭐⭐⭐⭐☆☆☆

Webull treats sports prediction markets as a secondary feature within a much larger investing and trading platform. The sports section is designed with real-time movement in mind, making it easy to follow live odds and see how prices shift as events unfold. While the market selection isn’t as deep as apps built solely for prediction markets, Webull does offer a solid range of sports outcomes and presents them in a way that aligns closely with its trading-first design. The experience is clearly built for users who are already comfortable watching charts and reacting to price changes.

From my perspective, Webull feels more like a crossover tool than a destination prediction market app. I’m not always sold on investing platforms moving into this space, but I do appreciate how clean and responsive the app feels. Tracking live odds is straightforward, and everything updates smoothly. Still, I don’t find myself spending much time on here.

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

Pays out 30 mins after event ends

Users are Saying:

App Store Reviews

Dan1313 – ⭐⭐

"I’ve been using Webull for the last few months, and I love it. I originally started as a Robinhood user, but felt that the platform’s simplicity was actually starting to hinder more than help. Webull solved that issue for me. It feels like graduating to the next level. I also really love the social aspect of the platform. I plan on transferring my full Robinhood portfolio to Webull soon, as I believe others will start doing the same in the near future."

Marker7 – ⭐⭐

"I love Webull and use it exclusively for mobile trading. There’s just one problem: the UI is convoluted and hard to navigate, especially when I’m trying to locate where my dividends are going and how much they pay. It should be easier to find. I’ve had to look this up several times, but I can only find instructions for the old version of the app with the Webull logo button. I end up giving up every time. Even ChatGPT couldn’t help me find it. For certain things, this app is impossible to navigate."

Play Store Reviews

Jason Krause –

"Out of the half dozen or so apps I’ve been trying over the last six months, this one ranks somewhere in the middle. It has a decent interface with a lot of useful information. My biggest complaints are the poor customer service and the very slow transaction times compared to others. For example, if you’re trying to deposit to capitalize on a purchase, forget it. It’s almost instantaneous on several other platforms. Fix these issues, and I’ll raise my rating."

James S –

"Setting up an account is easy. Transferring money from your bank is easy. Trying to get your money back, however, requires jumping through hoops. You have to call customer service and then wait five business days while they slowly verify the bank documents they require, like a statement and a letter from your bank, before allowing withdrawals."

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

January 2026
Courts side with state regulators
Early 2026 brought key rulings that strengthened state authority over sports-related prediction markets, signaling a tougher legal environment for operators.


MLS Partners with PolyMarket –
Major League Soccer becomes the second major American sporting league to partner with a prediction market platform (following the NHL partnership in October)

Massachusetts Judge Blocks Kalshi Sports Markets – A state judge ruled that Kalshi could not continue offering sports event contracts in Massachusetts, finding they violated state gaming laws.

States Signal Broader Enforcement Reviews – Following the decision, regulators in multiple states indicated they were reassessing sports prediction market offerings.

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 prediction market products, signaling a major push from established betting brands.

Coinbase Sues Multiple States Over Prediction Market Rules – Coinbase filed federal lawsuits against Michigan, Illinois, and Connecticut, arguing that prediction markets 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.

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 prediction market platforms.

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

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


NHL Partners With Prediction Market Platforms –
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, 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 sports trading volume, signaling a shift in market leadership.

Robinhood Files Federal Suit to Block Massachusetts Enforcement – Robinhood sued Massachusetts regulators to prevent the application of state gambling laws to its Kalshi-powered prediction markets.

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.

Do prediction market apps have fees?

Yes, most do, usually small trading or withdrawal fees, but it pretty much equals the same amount of house edge or "vig" you’d find with sportsbooks.

Can you make real money on prediction markets?

Yes, on regulated platforms. If your contract settles correctly, it pays out real cash, just like winning a bet.