Top prediction market apps
- More details
- Fewer details
- Kalshi Sports Benefits
- Legal sports trading in most states
- Event trading for niche markets
- Excellent mobile app
- Kalshi Promo Code
- More details
- Fewer details
- Polymarket Benefits
- Skip the waitlist on mobile
- Easy-to-claim welcome bonus
- Large variety of prediction markets
- Polymarket Promo Code
- More details
- Fewer details
- ProphetX Benefits
- Seamless exchange-style trading
- Great World Cup player props
- Custom odds on request
- ProphetX Promo Code
- More details
- Fewer details
- OG Benefits
- Offers margin trading
- Wide variety of sports event contracts
- Dedicated parlay builder
- OG Promo Code
- More details
- Fewer details
- Crypto.com Benefits
- Shared ecosystem
- Excellent on mobile
- Market-leading security
- Crypto.com Referral Code
Exclusive $20 Free Trade
What are the best prediction market apps?
The best prediction market apps in June 2026 are Kalshi, Polymarket, ProphetX, Novig, OG.com, and Crypto.com. Kalshi is our top overall pick for U.S. users because it combines strong market coverage, regulated event-contract trading, a polished mobile experience, and competitive pricing. Polymarket is best for trending news and global-event markets, while ProphetX, Novig, OG.com, and Crypto.com each stand out for sports trading, low-friction trading, margin features, or crypto-linked prediction markets.
I've compared and evaluated the top new-user prediction market promos that you can claim from each operator:
Best prediction market platforms
| Prediction markets app | Welcome Bonus | Promo Code |
|---|---|---|
| Kalshi | Exclusive $20 Free Trade | COVERS20 |
| Polymarket | Deposit $20, Get $50 Trading Bonus | COVERS |
| ProphetX | Trade $10, Get $20 | COVERS |
| Novig | Spend $5, Get $50 in Novig Coins | COVERS100 |
| OG.com | Up to $100 in Bonuses | Code automatically applies |
| Crypto.com | $50 Bonus | Code automatically applies |
How we rate prediction market apps
Covers has been covering sports betting, iGaming, and prediction market platforms for more than 30 years. That experience powers the Covers TradeGrade, our prediction-market-specific rating system designed to help users find safe, legitimate, and easy-to-use event trading platforms.
Prediction markets work differently from sportsbooks. Instead of betting against the house, users buy and sell event contracts, with prices moving based on liquidity, demand, news, and market sentiment. That’s why we rate these platforms using criteria built specifically for real-money event trading.
Covers TradeGrade Rating categories
| Market liquidity and variety | ⭐ ?/5 |
| Pricing, fees, and spreads | ⭐ ?/5 |
| Banking and payout speed | ⭐ ?/5 |
| Contract clarity and settlement rules | ⭐ ?/5 |
| Customer Security, regulation, and trust | ⭐ ?/5 |
| User experience and support | ⭐ ?/5 |
| Bonuses and promotions | ⭐ ?/5 |
📈 Market liquidity and variety
A strong prediction market app should offer active markets with enough liquidity for users to enter and exit positions at fair prices. We look at market depth, bid-ask spreads, order activity, and coverage across sports, politics, finance, entertainment, weather, and major current events where available.
💸 Pricing, fees, and spreads
Prediction market contracts are usually priced between $0.01 and $0.99, reflecting the market’s implied probability of an outcome. We review how clearly each platform displays trading fees, spreads, withdrawal fees, position limits, potential profit, and maximum risk before a trade is confirmed.
⚡ Banking and payout speed
Fast and reliable payments are essential. Covers evaluates supported deposit methods, withdrawal speed, minimums, processing times, account verification requirements, and any banking-related fees.
🧾 Contract clarity and settlement rules
Every event contract needs clear rules. We check whether platforms explain what must happen for a “Yes” or “No” contract to win, when the market closes, which source determines the result, and how delayed, canceled, or disputed outcomes are handled.
🔐 Security, regulation, and trust
Trust is critical when real money is involved. We review each platform’s regulatory status, legal availability, account security, data protection, responsible trading tools, and history of paying users reliably.
📱 User experience and support
A good prediction market app should be simple for beginners and useful for experienced traders. We test mobile and desktop performance, market navigation, trade confirmation screens, portfolio tools, help centers, live chat, email support, and response quality.
🎁 Bonuses and promotions
Prediction market offers may include trading credits, deposit bonuses, referral rewards, or fee discounts. We rate promotions based on value, eligibility rules, expiration dates, withdrawal restrictions, and how realistic the terms are for regular users.
Christian Stringer, Prediction Markets Editor
Best prediction market apps compared
Here’s how the top prediction market apps compare on the components that actually matter: fees, liquidity, availability, funding, settlement reliability, and contract types.
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| Welcome bonus | Exclusive $20 Free Trade | Deposit $20, Get $50 Trading Bonus | Trade $10, Get $20 | Up to $100 in Bonuses | Unlock $50 Bonus |
| Promo code | COVERS | COVERS | COVERS | Automatically applies | Automatically applies |
| Bonus type | Trade and get | First trade match | Trade and get | Trade and get | Deposit bonus |
| Bonus form | One (1) $20 bonus | $50 trading bonus | One (1) $20 bonus | Four milestones, $10, $15, $25, $50 based on trading and settling $10, $100, $250, and $500) | $50 bonus trade |
| Payout speed | Within 24 hours | Within 24 hours | Within 24 hours | Within 24 hours | Within 24 hours |
| Min. deposit | $10 | $20 | $10 | $10 | $10 |
| Trading fees | ~1% trade-value fee | 0% on select markets; sports fees up to ~0.75% | 2% on net gains; 0% on parlays | $0.02 per $1 contract to open/sell early | ~0.2%–0.4% contract fee |
| Market liquidity | Strong on major markets; varies by contract | Excellent on major news, sports, and global markets | Solid sports liquidity; visible order depth | Growing peer-to-peer liquidity | Moderate; strongest in sports/event markets |
| Legal availability | All states + DC (except NV) | All states + DC (except NV) | All states + DC (except NV) | All states + DC (except NV) | Not available in AR, AZ, CT, IL, LA, MA, MD, MI, NV, NY, OH |
| Funding | Bank, debit, wire, USDC, Cash App Pay | MoonPay, pUSD/USDC, card, ACH | Aeropay, card, PayNearMe, Trustly, ZeroHash | Debit, Apple Pay, Google Pay, ACH, wire | Crypto, bank transfer, wire, card |
| Settlement reliability | High; CFTC-regulated event contracts | High; watch subjective-resolution markets | High; CFTC-approved model | Solid; newer app/infrastructure | Solid; CFTC-regulated sports contracts |
| Contract types | Sports, politics, economics, weather, culture, news | Sports, politics, crypto, culture, news, world events | Sports-first: sides, totals, props, parlays, futures | Sports, politics, finance, crypto, culture, weather | Sports-first event contracts |
| Covers TradeGrade Rating | ⭐ 4.9/5 | ⭐ 4.9/5 | ⭐ 4.6/5 | ⭐ 4.6/5 | ⭐ 4.5/5 |
Christian Stringer, Prediction Markets Editor
Top 6 prediction market apps right now
I’ve narrowed it down to the six best prediction market sites to try in July 2026:
- Kalshi - Best overall prediction market app
- Polymarket - Best prediction markets for trending news
- ProphetX - Best for odds shopping
- Novig - Best for low-friction trading
- OG.com - Best margin trading
- Crypto.com - Best crypto prediction app
1. Kalshi - Best overall prediction market app
Kalshi was one of the first prediction market apps to launch and has quickly become top of the list of the best NFL prediction market sites. It's ideal for trading big sporting events, such as the World Cup and MLB regular season. I also love how Kalshi covers real-world events outside of sports, typically posting markets on buzzy topics like 'Who will be the next James Bond?' or 'Will Donald Trump be impeached during his term?' faster than its competitors.
Where Kalshi wins and fails
Kalshi offers a wide range of prediction markets on events across sports, politics, pop culture, climate, tech, science, economics, and more.
You can score an exclusive $20 bonus by signing up with the Kalshi promo code 'COVERS20', making a $10 initial investment, and trading at least $20 in event contracts, including for the 2026 World Cup.
Kalshi's 'Predictive Insights' feature provides the entire forecasted price history for every event contract, allowing you to easily see if you are buying, selling, or trading at a lucrative time.
We wish Kalshi offered 24/7 customer support to help assist those new to prediction market sites.

Top user review
"Kalshi is hands down one of the best apps I've ever used! It's not just another trading platform — it's an innovative, exciting, and engaging way to make decisions based on real-world events. The interface is sleek, user-friendly, and makes navigating the markets a breeze, even for beginners like me."
- App Store reviewer
Kalshi at a glance
| Sign-up bonus | Exclusive $20 Free Trade |
| Kalshi bonus code | COVERS20 |
| Payout speed | Up to 4 days |
| App availability | |
| Legal states | All states + DC (Excluding Nevada) |
| Best for: | Traders who value legal clarity, stable liquidity, and an exchange-style experience that feels like financial trading. |
Our in-depth Kalshi review provides additional information about one of the top prediction market apps of 2026. You can also find an evaluation of apps like Kalshi in our guide.
2. Polymarket - Best prediction markets for trending news
Polymarket is now live in the U.S., meaning you can use our Polymarket promo code 'COVERS' to access a top-rated prediction market app in 2026. Despite its reputation as geared towards traders and analysts, I believe sports bettors will also enjoy Polymarket for its extensive market coverage of major events through 'Yes' or 'No' contracts. The best part: You can get a $50 welcome bonus when you sign up today, which is perfect timing for one of the best World Cup prediction markets apps.
Where Polymarket wins and fails
Polymarket does not charge fees on any trades in 2026.
Offers a customizable dashboard you can create to track the markets you're currently monitoring.
Provides safe, secure banking, with all transactions processed via USDC.
Polymarket just recently launched and may require several initial updates to improve its product.

Top user review
"Great interface, easy to use, and updates cleanly and quickly, which is perfect for making sure you don't miss any action. I have had no issues depositing or withdrawing, with both functions occurring without any issues within two minutes. Like most information markets, make sure you read the terms and truly understand what information will be used to resolve bets, and how the resolution system works."
- Daniel, Trustpilot user
Polymarket at a glance
| Sign-up bonus | Deposit $20, Get $50 Trading Bonus |
| Polymarket promo code | COVERS (mobile-only) |
| Payout speed | Within 24 hours |
| App availability | |
| Legal states | All states + DC (Excluding Nevada) |
| Best for: | Tech-savvy traders who value broad market variety, minimal transaction fees, and the flexibility of blockchain-based trading |
Read our comprehensive Polymarket promo code page for everything you need to know about this operator. You can also flip through our Polymarket review or Polymarket vs. Kalshi comparison page, which breaks down fees, markets, and usability. Size up all alternatives in our apps like Polymarket page.
3. ProphetX - Best for odds shoppers
ProphetX is now available nationwide as one of the newest prediction market operators on the block. Use our ProphetX promo code 'COVERS' to see the full suite of what they have to offer, including exchange-style trading and peer-to-peer capabilities. The best part: You can receive a $20 that ensures you'll get some of the most competitive odds in the industry.
Where ProphetX wins and fails
ProphetX offers peer-to-peer pricing.
A great fit for value-focused traders who care about price-discovery, market-driven odds, and trading flexibility.
Solid mechanics for sharp users to set prices and take positions.
Liquidity can be uneven, as exchange models depend on counterparties.

Top user review
"For those who live in states without traditional sportsbooks, ProphetX is a godsend! The odds are incredible. Just want to give a big thank you to the folks behind this app."
-App Store reviewer
ProphetX at a glance
| Sign-up bonus | Trade $10, Get $20 |
| ProphetX promo code | COVERS |
| Payout speed | Within 24 hours |
| App availability | |
| Legal states | All states + DC (except Nevada) |
| Best for: | Low commission rates and exchange-style trading |
Check out our ProphetX promo code review to learn more.
4. Novig - Best for low-friction trading
Novig stands out because it does not feel like a sportsbook trying to cosplay as an exchange. Its whole identity is built around zero vig, no house edge, and peer-to-peer sports trading, which gives it a sharper lane than most sportsbook alternatives. The biggest difference is the make/take order system: I can either take the current market price for speed or make my own price and wait for another user to match it. This trader style is focused on sports, for now and the code COVERS100 activates it all.
The other thing that makes Novig different is its sweepstakes-style setup with Novig Coins and Novig Cash. That adds a little homework for new users, but it also gives Novig a more flexible product than a standard betting app. The new 'Spend $5, Get $50 in Novig Coins' offer fits that perfectly: it gives users a low-cost way to test the market, learn how orders work, and get comfortable before treating Novig like a serious sports trading platform. It is best for bettors already allergic to bad prices, but it also offers curious users a softer on-ramp than most prediction market apps.
Finally, Novig imposes a strict 21+ age policy to use the platform. In a predictions world, dominated by 18+, I really respect the lengths Novig has gone to ensure responsible trading.
Where Novig wins and fails
Unique sweepstakes-style trading.
Good platform to practice sports trading.
Low barrier to entry, with a sweepstake-style that promotes entertainment and high upside.
Limited markets compared to other prediction operators.
Top user review
"I’ve been using Novig, a peer-to-peer sports betting exchange app, for several months now, and overall, it has been a refreshing and innovative experience. Its no-vig model and user-friendly interface make it easy to navigate, while the ability to set or accept odds creates a dynamic marketplace. The app covers a wide range of sports and events, and its transparency and community features, like user ratings, add trust and engagement."
- App Store reviewer
Novig at a glance
| Sign-up bonus | Spend $5, Get $50 in Novig Coins |
| Payout speed | Within 24 hours |
| App availability | |
| Legal states | All states + DC |
| Best for: | High-energy sweepstakes-style predictions with a sports focus. |
Check out our Novig promo code COVERS100 to learn about one of the newest prediction market sites.
5. OG.com - Great for margin trading
I use OG.com, a prediction market platform introduced by Crypto.com in 2026, to bet on real-world events across sports, politics, culture, and finance. I trade simple “yes” or “no” contracts priced between $0.01 and $1.00. If I’m right, they settle at $1.00; if not, $0.00. I also get access to sign-up bonuses, unrestricted trading, leaderboards, parlays, and upcoming margin contracts, plus exclusive perks through Crypto.com partnerships.
Where OG.com wins and fails
OG.com only charges a $0.02 fee on any trades in 2026.
User-friendly app that allows for seamless navigation.
Excellent mix of sports contracts to trade.
Limited number of promotions for existing users; could hurt retention in an increasingly competitive market.

Top user review
"Love the app interface, charts, and social features!"
- Markie, App Store user
OG.com at a glance
| Sign-up bonus | Up to $100 in Bonuses |
| Payout speed | Within 24 hours |
| App availability | |
| Legal states | All states except NY and AZ (users in IL, MA, MD, MI, NJ, NV, and OH are also not permitted to trade sports contracts) |
| Best for: | Analytical traders who look at stats and trends, judge the chances of outcomes, and find contracts priced lower or higher than they should be. |
Read our OG promo code page for an in-depth look at one of the industry's best prediction market sites.
6. Crypto.com - Best prediction markets for crypto
As the name suggests, Crypto.com is the perfect prediction app for all cryptocurrency enthusiasts like me, supporting more than 350 altcoins, including popular vendors like Bitcoin (BTC), DogeCoin (DOGE), and Ethereum (ETH). You can sign up with Crypto.com today and buy, sell, and trade contracts before and during matches for five sports — football, basketball, baseball, soccer, and hockey.
Where Crypto.com wins and fails
Your withdrawals are processed instantly or within an hour for most Crypto.com banking options.
Crypto.com prioritizes user safety, utilizing encryption, two-factor authentication, and cold storage of your cryptocurrency to protect your personal and financial data from hackers.
Although the Crypto.com app does not have a dedicated sports trading feature, it is perfectly optimized for mobile prediction trading.
No welcome bonus or ongoing offers are available to all users, except for a referral promotion.

Top user review
"I used to LOVE this app. It has a very beginner-friendly platform and has low transaction fees, BUT I have now been waiting THREE DAYS for a response on the chat, the ONLY way to reach anyone. Update: I was glad to have finally reached a 'human' only to find out that 'Sarah' was, in fact, a bot too. Update #2: A year later, I can happily say that whatever problems I encountered before have been eradicated. The app is very user-friendly and very reliable! Good job on the fixes."
-Lacey, Google Play Store users
Crypto.com at a glance
| Sign-up bonus | $50 Bonus |
| Payout speed | Within one hour |
| App availability | |
| Legal states | 45 states + DC |
| Not available in | AR, AZ, CT, IL, LA, MA, MD, MI, NV, NY, and OH |
| Best for: | Users who prefer a familiar, crypto-linked prediction market experience backed by a major exchange brand. |
Learn more about one of the best prediction apps by reading our in-depth Crypto.com review, including how to use our exclusive Crypto.com promo code.
Other sports prediction market apps
FanDuel Predicts
| Sign-up bonus | TBD |
| FanDuel Predicts bonus code | TBD |
| Payout speed | 1-2 business days |
| App availability | |
| Legal states | All 50 states |
| Best for: | Casual and mainstream traders who want a familiar and easy-to-use platform. |
Read our comprehensive FanDuel Predicts promo code page for more information about one of the newest additions to the prediction markets space 2026.
DraftKings Predictions
| Sign-up bonus | TBD |
| DraftKings Predictions bonus code | TBD |
| Payout speed | Some methods are instant. Up to 4 days for online banking. |
| App availability | |
| Legal states | 38 states (14 with sports) |
| Best for: | Sports fans who appreciate quick markets, real-time price movement, and the ability to transition seamlessly from traditional sports betting to prediction market trading. |
Check out our DraftKings Predictions bonus code page for more information about markets being offered in your region, plus much more.
Fanatics Markets
| Sign-up bonus | TBD |
| Fanatics Markets bonus code | TBD |
| Payout speed | Within 48 hours or instantly |
| App availability | |
| Legal states | AL, AK, CA, DE, FL, GA, HI, ID, ME, MN, MI, NE, NH, NM, ND, OK, OR, RI, SC, SD, TX, UT, WA, WI |
| Best for: | Casual and intermediate traders seeking a user-friendly interface and a varied market selection. |
Our Fanatics Markets bonus code page breaks down everything you need to know about this prediction markets experience from a major sports brand.
Sporttrade
| Sign-up bonus | Up to $100 |
| Sporttrade bonus code | TBD |
| Payout speed | 3-5 business days |
| App availability | |
| Legal states | CO, IA, NJ, VA |
| Best for: | Traders who want a true market-style trading experience with liquid order books and real-time price action. |
Read our Sporttrade promo code page for more information about this sports trading exchange that recently applied for CFTC approval.
ROLR
| Sign-up bonus | $1,000 in free ROLR Credits |
| ROLR promo code | Coming soon |
| Payout speed | TBD |
| App availability | |
| Legal states | TBD |
| Best for: | Moment-based experience |
The ROLR promo code will be available soon. In the meantime, check out our dedicated promo guide.
ADI Predictstreet
| Sign-up bonus | N/A |
| ADI Predictstreet promo code | N/A |
| Payout speed | Within 48 hours or instantly |
| App availability | |
| Legal states | AK, AL, CA, DE, FL, GA, HI, ID, ME, MN, MS, NE, NH, NM, ND, OK, OR, RI, SC, SD, TX, UT, WA |
| Best for: | Global soccer fans and World Cup prediction markets |
ADI Predictstreet is still new, so it doesn’t yet have the same track record as Kalshi, Polymarket, or Crypto.com. But its FIFA partnership immediately makes it one to watch, especially for users interested in World Cup prediction markets and global soccer forecasting.
In the U.S., users can access the ADI Predictstreet World Cup experience via the Fanatics Markets app or website, not through a standalone ADI Predictstreet app.
What is a prediction market app?
A prediction market app is a legal alternative to traditional sportsbooks. It functions like a stock exchange, enabling you to buy, sell, and trade event 'Yes' or 'No' contracts on sports and other real-world events with other users. The biggest difference between a prediction markets app and a traditional betting site is that you, the user, set the market price, not the sportsbook. Each contract opens at even odds and moves based on the public's action.
Prediction market apps are a real thing, and have quickly become one of the most popular ways to wager in 2026, to the point that "South Park" tackled the predicament of prediction betting.
How does sports event trading work?
Prediction market apps operate as trading platforms, allowing you to buy, sell, and trade contracts for available events. Here's how it works:
- Can only pick 'Yes' or 'No' for any event. You cannot hold contracts for both sides of an event.
- Prediction market platforms cap the number of contracts you can have for a single event. For example, Robinhood's maximum limit is 500,000.
- The market price for each side of an event is determined by supply and demand from users, as public backing will affect how much a contract costs.
- Can buy, sell, or trade contracts until the final buzzer for all events.
- Most prediction apps pay you $1 for every contract you own
For example, if you own 100 contracts on 'New England and Seattle to play in Super Bowl 60' that you bought for $0.14 each ($14 total), the prediction market platform will pay out $100 if you win, which is $86 in profit. It's important to invest in an event early, as your returns will be smaller the more you pay for a contract, so keep that in mind.

Event Trading on Kalshi
Prediction markets news
Best prediction market app by use case
| Use case | Best prediction market app | Why it stands out |
|---|---|---|
| Best overall | Kalshi | Regulated event-contract trading, broad market coverage, strong mobile app, and beginner-friendly funding. |
| Best for beginners | Kalshi | Clean layout, simple Yes/No contracts, strong trust profile, and easier onboarding than crypto-first platforms. |
| Best for sports | ProphetX | Sports-first trading experience with sides, totals, props, futures, parlays, and visible market depth. |
| Best for news/politics | Polymarket | Deep event coverage, strong liquidity, fast-moving markets, and a strong reputation for breaking-news trading. |
| Best for low fees | Polymarket | Select markets have no trading fees, while sports fees remain competitive compared with many exchange-style options. |
| Best for crypto users | Crypto.com | Built into a major crypto ecosystem with crypto-friendly funding and sports-focused event contracts. |
| Best for bonuses | OG.com | Strong promo appeal for new users and a growing prediction-market product backed by Crypto.com infrastructure. |
| Best for broad market variety | Kalshi | Covers sports, politics, economics, weather, culture, finance, and current events in one regulated marketplace. |
| Best for liquidity | Polymarket | Major events often attract deep trading volume, tighter pricing, and more active markets. |
| Best for sharper sports traders | ProphetX | Peer-to-peer pricing and order-book-style trading make it a better fit for users who care about getting the best price. |
| Best for casual sports fans | OG.com | Simple sports-first markets, familiar event categories, and a more entertainment-style app experience. |
| Best for existing Crypto.com users | Crypto.com | Easy fit for users already comfortable with Crypto.com’s wallet, app, and crypto-based account setup. |
Trending now on prediction markets
Platforms like Kalshi and Polymarket list trending markets prominently on their dashboards, so it's easy to find. These are typically the markets with the highest current trading volume. Live charts show the probability implied by market prices, past price movement, and current sentiment.
Prices change as news comes in and sentiment shifts, so you can always see where the crowd thinks an outcome is heading. With one glance at current markets, you can easily identify popular opportunities and enter into the hottest prediction markets.
Among the popular markets trending this week: "Men's World Cup Winner" on Kalshi, with more than $700 million in trading volume. The MLB regular season is also approaching the All-Star break, with the Los Angeles Dodgers as the favorite.
How to sign up with prediction market apps
Signing up with the best prediction apps is pretty similar across operators, allowing you to set up a new account quickly when you follow these easy steps:
Select your prediction apps
With new prediction platforms constantly emerging in the space, you'll want to browse the available options and select only operators that align with your trading preferences.
Register and verify your identity
After selecting the prediction market platforms you want to use, you'll need to register for an account on each one. Most platforms allow you to sign up through their website, and many also offer dedicated mobile apps. During the registration process, you'll typically be asked to provide basic personal information, such as your full name, residential address, email address, and date of birth. Some prediction market operators may also request additional verification, including your Social Security number and a valid government-issued photo ID, such as a driver's license or passport, to confirm your identity before you can begin trading.
Claim a bonus
If a prediction market app offers a welcome bonus — like Kalshi's $20 bonus offer you can claim with the bonus code 'COVERS20' — now is the time to input the Covers-exclusive promo code and claim the offer.
Deposit
Now, you must add funds to your newly created prediction site account. Go to the cashier page, enter your banking information, and submit your first deposit.
Start trading
It's time for the fun part: Start buying, selling, and trading event contracts. Similar to online sportsbooks, most prediction markets offer point spread, moneyline, Over/Under (totals), and parlays, as well as live betting opportunities.
Withdraw earnings
When you're ready to receive your funds, head back to the cashier, select 'Withdraw', enter the amount, choose your preferred banking method, and hit 'Confirm' to finish the process. The best prediction apps should issue your money within an hour, but certainly within a day of request.
Are prediction market apps legal?
Yes, prediction market apps and sites are legal in nearly all states, though the landscape is rapidly changing. Single-event contracts are not traditional sports bets, so prediction market apps are not regulated like typical sportsbooks. Instead of being authorized at the state level, federal agencies like the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) regulate prediction market sites and their contracts as they would stock-exchange platforms.
You may be wondering is Kalshi legal in Texas or is Kalshi legal in California? Yes, you can trade Texas prediction markets and California prediction markets with Kalshi.
The best prediction market apps, including New York prediction markets, Georgia prediction markets, and Florida prediction markets on this page, are available in the following U.S. states as of July 2026:
Several U.S. jurisdictions — Arizona, Arkansas, Illinois, Louisiana, Massachusetts, Maryland, Michigan, Nevada, and Ohio — have recently taken a stand against prediction platforms, as these states have prohibited the use of prediction market apps.
How to choose the right prediction market platform
Every single one of the best prediction market apps listed here is a great option, but we've outlined several aspects to consider when evaluating prediction market platforms:
🏆 Market size: Consider the prediction markets you prefer to wager on. Do you want to buy, sell, and trade contracts on the hottest sporting events, such as the Super Bowl? Or are your interests outside of sports? If so, ensure your chosen prediction betting platform offers markets on politics, pop culture, and other real-world events.
💰 Bonus offers: The best prediction market apps, headlined by Kalshi, offer prediction market promos and even contests, including the Kalshi Billion Dollar Bracket.
We strongly advise reading the terms and conditions for each offer carefully before claiming the bonus to ensure you can maximize it.
📊 Odds value: Similar to traditional sportsbook betting odds, the market value for a particular contract can vary from prediction markets. Line shopping is a crucial step before investing in any event contract.
💸 Speedy payouts: How quickly can you get that green back into your hands? Getting your winnings promptly should be one of the most important reasons you choose a particular platform.
Prediction market recent updates
For a deeper dive, check out our prediction markets news updates page:
June 26, 2026: Kalshi partners with ADI Predictstreet to open up access to the World Cup.
June 26, 2026: DraftKings launches its in-house prediction market exchange, DKeX.
June 16, 2026: Novig receives a prediction market license from the CFTC.
June 11, 2026: ProphetX gains approval from the CFTC to operate as a designed contract market and derivatives clearing organization.
May 22, 2026: Bill S9414 would prohibit New Yorkers under 21 from purchasing contracts and ban prediction markets associated with sports, politics, death, catastrophic events, and security events.
May 13, 2026: A ban on prediction markets is passed by the MN state legislature and is now off to Governor Tim Walz's desk for his signature. The bill is set to take effect Aug. 1.
April 30, 2026: Supreme Court could take prediction market case by 2027.
April 3, 2026: Polymarket and La Liga partner on a multi-year deal in the U.S. and Canada.
March 15, 2026: Prediction market trading volume quadrupled, generating nearly $64 billion in trading volume last year.
March 9, 2026: Underdog poised to offer event contracts after acquiring Aristotle’s CFTC-regulated exchange and clearinghouse licenses.
March 2, 2026: DraftKings is expanding nationwide with its Sports & Casino app, blending sportsbook and prediction market elements.
Feb. 3, 2026: Kalshi opened a Super Bowl announcer mention market with 34 possible terms tied to NBC's broadcast team, while Polymarket has listed 27 options of its own.
Jan. 15, 2026: FanDuel launches prediction markets in all 50 U.S. states featuring FanDuel Predicts, with sports event contracts offered in 18 of those jurisdictions.
Dec. 22, 2025: FanDuel Predicts launches in five states, kicking off a phased rollout that will carry into early 2026.
Dec. 19, 2025: DraftKings officially launches DraftKings Predictions in 38 states, including 17 states with sports markets.
Dec. 3, 2025: Polymarket is rolling out its U.S. app to those on the waitlist, beginning with prediction markets on sports.
Dec. 3, 2025: Coinbase's CEO Brian Armstrong says there's no "clear cut" answer for whether prediction markets should allow insider trading.
Oct. 28, 2025: Donald Trump's Truth Social expands into prediction markets via Crypto.com.
Oct. 22, 2025: The NHL announces multiyear partnerships with Kalshi and Polymarket, showing their commitment to the future of prediction markets.
Sept. 25, 2025: South Park highlights the prediction betting predicament in the U.S. with its latest episode "Conflict of Interest".
Sept. 2, 2025: Underdog establishes a partnership with Crypto.com to enter prediction markets.
Prediction market sites vs. traditional sportsbooks
We've provided an outline on how prediction market sites and traditional sportsbooks are similar and different in 2026:
Market size
Prediction market platforms only offer two options for every event: 'Yes' or 'No'. This is more limited than the range of bet types commonly found at traditional online sportsbooks.
Regular online sports betting sites also offer more sports markets than prediction-based operators, which typically only offer contracts for the major North American leagues like the NFL, NHL, and NBA, but are expanding quickly.
Odds value
Traditional online sportsbooks set their odds using an algorithm based on historical data, current betting patterns, and pre-set house edges. Meanwhile, prediction market apps rely solely on the supply and demand for a contract, based on traders' interests, to set prices, which typically leads to better value and higher profits for users.
Transparency
Anyone can browse current market prices for any event on the best prediction sites. You can see how much money has been wagered on an event and track how the market value has changed over time, which is information that traditional sportsbooks typically keep under wraps. This level of transparency is highly beneficial to traders in their decision-making.
Regulation
Traditional online sports betting sites require state-issued sports betting licenses to operate legally. In contrast, the best prediction market sites bypass state laws, only requiring approval from federal agencies.
Free vs. Paid prediction market sites
Most tools and data on prediction market sites are available for free. For example, Kalshi's API service is free to join. It unlocks in-depth information about specific market history and insights into your personal portfolio.
However, many of the best predictive platforms offer paid services, providing access to larger data pools, detailed breakdowns, and advanced insights into relevant trends. Robinhood Gold, for example, offers various benefits to enhance your trading, such as increased instant deposit limits, exclusive market data from third-party providers, and more, for an annual or monthly subscription fee.
The extra data you receive from these paid prediction market site tools can be helpful, but ultimately, it’s a case-by-case thing. Some traders find it worth it, while others don’t. We recommend doing your research to confirm precisely what data is available in paid plans before signing up.
The role of AI and data analysis in prediction markets
Artificial intelligence (AI) is becoming more common within the prediction market industry. The best prediction market sites offer real-time, AI-powered insights to support live trading in prediction markets, letting you know whether to buy or take on more contracts for a particular event. Some AI-powered tools even scan social media to estimate the likelihood of an outlook based on public perception.
Prediction market apps FAQs
Yes, Prediction market apps are legal in most U.S. states today. However, several states — Arizona, Arkansas, Illinois, Louisiana, Massachusetts, Maryland, Michigan, Nevada, and Ohio — and federal regulators have recently challenged multiple top prediction market sites over individual business practices and have prohibited them from offering online sports betting services.
In our opinion, Kalshi is by far the top prediction market app for trading sports in 2026.
Prediction betting sites' markets are set by users rather than the site itself, meaning that the supply and demand of an event contract determines its price. Meanwhile, traditional online sportsbooks use a mixture of AI-driven data and historical trends to set their odds.
Similar to traditional sportsbooks, the amount you can earn wagering with the best prediction market sites depends on you.
Yes, the best prediction market sites are better than traditional sportsbooks for several markets, such as presidential elections and the NFL Draft. Many states do not allow sportsbooks to offer wagers on these markets. However, it is entirely legal to sell prediction contracts for these events.
Every best site for prediction markets has different odds varying from event to event, meaning no operator consistently offers the most accurate predictions. However, we found that Kalshi is the best overall prediction site for fair odds.
Polymarket is the best prediction app for trading, as you can buy and sell 'yes' or 'No' contracts for specific events, including sports, with others users seamlessly.
In our opinion, Polymarket is the most accurate prediction app available today since the odds are not set by a "house", but instead determined by the users based on relevant information that could impact the outcome.
The best prediction markets are the ones that you have researched and are well-informed on before spending real money on. Browse the different prediction markets available, and only trade on events that you are knowledgeable about, whether that is sports, politics, music, economics, or more.
A seasoned editor at Covers, specializing in the North American prediction market, sports betting, and iGaming industries. Since joining in 2022, I have played a key role in managing, editing, and publishing commercial content that informs and engages bettors of all levels, with a particular focus on Kalshi, Polymarket, Stake, bet365, BetMGM, and Fanatics. Prior to Covers, I spent a decade as an award-winning account executive, collaborating with major brands like Rootz, 888, ComeOn!, EastLink, and GG Poker.
My expertise extends to onboarding white labels, crafting online campaigns, and cultivating partnerships with tech providers and affiliates. Having personally reviewed over 50 sportsbooks, DFS sites, and prediction markets, I bring a sharp, user-focused perspective to the betting landscape — committed to delivering insightful, high-quality content. Outside of work, I serve as the VP of an amateur athletics club, championing community engagement through sport.

