Best Prediction Market Platforms 2026: Compare Markets, Fees, Features, and Trading

Facts to know about prediction market websites

• Prediction markets use event contracts, which are derivative contracts.
• The event contracts cost $0.01 to $0.99, and they pay $1 if the prediction is accurate.
• Legitimate sites in the US abide by CFTC regulations, but availability varies by state.

What are prediction markets all about?

In a prediction market, you’re a trader, first and foremost. You buy event contracts, which are financial derivatives tied to real-world outcomes. On all the sites we reviewed, the contracts are usually in binary form: Yes or No.

So, if you think an event will happen, you purchase Yes. On the other hand, you purchase No if you think it won’t happen. You can sell the contracts you bought before settlement. That’s the basic idea behind trading on prediction market platforms.

The event contract prices range from $0.01 to $0.99. They don’t exceed $1 since they also represent the estimated likelihood of an outcome occurring. After settlement, each contract pays $1 if your prediction is correct because, at that point, the event has happened and the probability is 100%. If the prediction is incorrect, that’s a 0% probability, meaning a $0 payout.

How event contract prices are determined

Prediction markets are peer-to-peer (P2P). So, the price of the event contracts depends on supply and demand. It’ll rise if more traders are buying and fall if more traders are selling. Plus, whenever you place an order in a prediction market, there must be a trader on the other end for it to execute.

Is prediction trading available in the US?

Prediction markets are available in the United States under CFTC oversight. The CFTC is the same body responsible for regulating other derivatives contracts like futures, options, and swaps.

Since prediction market platforms are federally regulated, their availability under state laws can differ. In such situations, we recommend following your local regulations. Let’s give examples with two platforms from our list.

Kalshi is available in Michigan, but the site excludes sports events in the state. Meanwhile, Fanatics Markets doesn’t operate in New York at all because the Fanatics brand has a licensed mobile sportsbook there. So, your access to a prediction market site or certain event trading categories depends on your location.

10 best prediction markets for US traders

Our ranking includes prediction market sites that stand out in various respects. Check them out below and select those that fit what you’re searching for:

Polymarket – Sports prediction markets with combos

At Polymarket, there’s a $25 welcome bonus for just a $10 minimum first deposit. You can trade events on games from the NFL, NBA, MLB, and NHL, alongside college leagues. The platform extends its offerings to tennis, soccer, golf, motorsports, and several others. With such coverage, Polymarket is easily one of the top sports prediction market sites in the US.

During our review, we traded event contracts both before the games began and live, while they were ongoing. One reason we rank Polymarket for sports is that the site supports displaying contract prices in traditional odds formats. You can choose moneyline, decimal, or percent. However, these are just for convenience.

As a Polymarket trader, you can build combos by bundling multiple sports predictions into a single trade. The price per contract decreases because the probability of all outcomes happening is low. Consequently, the potential payout increases if your predictions are correct.

Kalshi – Politics event contracts with high liquidity

Not many politics prediction market sites are as extensive as Kalshi. The site features local US politics, including elections, midterms, Congress, courts, and events involving individual politicians. International politics outcomes, covering popular countries like Russia, the UK, France, China, Japan, and Israel, are also available.

We checked the settlement sources for political events on Kalshi, and they couldn’t be more legitimate. For instance, an event on who will be the president’s next secretary cited The White House and The New York Times. Meanwhile, results for another on an act becoming law were verified by the Library of Congress.

On Kalshi, we also observed heavy market liquidity. The event we mentioned about the president’s next secretary had an order volume of over $2.5 million. That shows how large Kalshi’s trader base is. However, some less popular political events had a few thousand dollars in liquidity.

Crypto.com – 15+ cryptocurrencies for prediction trading

The name of this platform, Crypto.com, manifests in its prediction market offerings. In the crypto category, we counted over 15 digital currencies. That’s more than what other platforms we tested have available. The list on Crypto.com includes BTC, ETH, XRP, SOL, and DOGE, to name a few.

Let’s clarify that you’re not buying and selling actual cryptocurrencies. Instead, you trade event contracts related to their price movements. For instance, you can predict whether Bitcoin’s price will hit a particular figure at a given time. What’s interesting is that Crypto.com uses its own CDNA Rulebook for settlement, rather than a third-party source.

Crypto.com supports 5-minute, 15-minute, 1-hour, 4-hour, and daily crypto price predictions. Those are the short-term outcomes. If you want contracts that take longer to settle, the site also offers weekly and one-time options. Those one-time events can ask you to predict a cryptocurrency’s all-time high or price at the end of the year.

Sponsored by Crypto.com – Not investment advice. Trading prediction markets and crypto involves risk, including potential loss of your stake. Consider your risk tolerance before participating. Crypto.com connects U.S. users to CDNA (regulated by CFTC) for derivatives trading. CDNA membership required. Trading may not be suitable for all—you could lose your entire investment plus fees. Past performance doesn’t guarantee future results. This is not a solicitation or recommendation to trade.

Underdog Predict – Sports player event contracts

Most prediction market brands focus on general game outcomes for sports events. Meanwhile, on Underdog Predict, we came across specific Prediction Player Picks. The options let you trade event contracts based on player stats in the NFL, NBA, NHL, MLB, soccer, and a few other sports.

After joining Underdog Predict, we claimed a 50% deposit match bonus of up to $1,000. Trading derivatives involves risk and may not be appropriate for all. For more information visit: https://www.nadex.com/rules and https://underdogfantasy.com/rules. For Crypto.com Predictions, the term “pick” refers to a product traded on CDNA.

Then, we traded contracts on passing yards, passing TDs, rushing yards, receiving yards, and receptions in football.

Seeing many player-prop event contracts on Underdog Predict didn’t surprise us, though. The Underdog brand is more popular for its Pick’em daily fantasy sports (DFS), which centers on player performances. That said, Prediction Player Picks may not be available to traders in all states where Underdog Predict offers event contracts.

Trading derivatives involves risk and may not be appropriate for all. For more information visit: https://www.nadex.com/rules and https://underdogfantasy.com/rules. For Crypto.com Predictions, the term “pick” refers to a product traded on CDNA.

Gemini – Daily temperature predictions from multiple cities

Robinhood – Detailed financial event trading options

You can consider Robinhood if you want to trade contracts related to stock market indices. Events on the site include the S&P 500 and Nasdaq-100, two of the most widely followed indices in the US. For both, the prediction options are price-focused. Most outcomes we saw involved whether the index’s price will finish above or below a given figure.

Under the financial prediction markets on Robinhood, we also discovered Treasury yields and foreign exchange (FX). The FX events are particularly interesting, as you’ll be predicting the gap between the exchange rate of two currencies. Of course, the USD is present, and it’s usually the benchmark. Other currencies we regularly find are the CAD, JPY, EUR, GBP, and AUD.

Let’s also mention that Robinhood includes general market outlook events. An example is a market asking whether credit card rates will be capped before the end of the year.

OG – Decent culture prediction outcomes

Music, awards, movies, video games, and celebrity achievements are part of the culture events on OG. In our opinion, the site has enough to engage anyone who follows recent happenings in pop culture. For music, you can predict outcomes such as the top artist and top song of the year on Spotify. Meanwhile, award events can include best picture and best actor at the Oscars.

OG offers up to $50 in bonuses to new traders. When you select a culture event card on the site, you’ll see the various candidates and their probabilities as estimated by the market. Next to the percentage is a clear Yes or No option.

On the OG website, we were impressed to find an AI assistant called Alpha. It helped us analyze events, build combos, and learn about new prediction markets, not just culture outcomes. You’ll find the feature handy if you’re new to event trading.

Prediction Trading is facilitated through Crypto.com | Derivatives North America (CDNA). Foris DAX Inc. and Foris Inc. (d/b/a OG ) provide access to CDNA, a platform regulated by the U.S. Commodity Futures Trading Commission (CFTC), allowing users to trade derivatives in accordance with CDNA’s rules and regulations.

Fanatics Markets – Dedicated sports futures predictions

Without question, Fanatics is one of the biggest sports brands in the US. The prediction market platform, Fanatics Markets, is big on futures outcomes that take a long time to settle. We saw these futures right on the main menu for the NFL, MLB, and NBA.

Our trade was on the NFL Champion, which settles at the end of the full season. For this event, Fanatics Markets featured all 31 competing teams, followed by their individual Yes/No contract prices and order books. Other futures present for football included player-related options such as MVP, Coach of the Year, Offensive Rookie of the Year, and Division winners.

As you trade on Fanatics Markets, one feature you’ll appreciate is Multi View. From our tests, it’s designed particularly for sports event contracts. The feature lets you customize your trading screen to display up to eight different pages at a time. If you register with Fanatics Markets, expect up to $150 in FanCash as a welcome bonus when you trade daily over 14 days.

FanDuel Predict – Sign-up and referral bonuses

FanDuel Predict is a mobile-only prediction market platform. To trade, you have to install the iOS or Android app. The event trading categories we found on the app include sports, culture, financials, crypto, and more. So, there’s adequate coverage of prediction markets, but the promotions interested us the most.

When you join FanDuel Predict, you can get $100 in bonus funds for trading just $1 daily for five days. We didn’t need a promo code to activate it. In addition, the $1 trade can be on any event; it’s not limited to a particular category.

Inviting new prediction market traders to FanDuel Predict also offers bonuses. For each qualifying referral, we received $20 in bonus funds. The maximum is $200, meaning you can invite up to 10 new traders.

ROLR – New and growing prediction market site

From our list, ROLR is the newest prediction market site to launch in the US. This platform only began full operations in October 2026. Before then, it was a free-to-trade platform where you use virtual credits instead of real money. ROLR already offers contracts in major categories, including sports, politics, culture, economics, crypto, and climate.

We checked each section and can confirm that the events are sufficient. Take economics, for instance; we traded outcomes on Fed decisions, recession, jobs, unemployment, and interest rates. Meanwhile, the sports category has over 10 entries, including niches such as motorsport and esports.

On the ROLR homepage, you can easily tell what markets have the highest liquidity from the Trending tab. The site even has a Live Activity section that shows the most recent buys and sales by traders.

How we rank top prediction market platforms

As we’ve mentioned before, US prediction market brands are regulated by the CFTC. Any platform that doesn’t meet that primary requirement can’t make our list. That aside, these are the factors we focus on when rating the sites:

Event categories

We recognize six main prediction market categories:

1. Sports

2. Politics

3. Culture

4. Economics

5. Crypto

6. Climate

By our standards, the best sites should cover at least sports, the most popular among traders. Platforms that include all six get the highest ratings in our tests. For extras, we also consider tech prediction market sites, which are starting to draw interest in the US.

Trading fees

Prediction market sites charge fees for buying and selling event contracts. If the amount is too high, it’ll eat into your potential profits if the outcomes go your way. We don’t want that, so we select platforms that charge less than $0.05 per contract on average.

Furthermore, it’s important that the fee schedule is transparent. That matters because, while some sites publish fixed rates, others use a formula. Crypto.com and Kalshi are two examples from our list, and here’s how they compare:

In Crypto.com’s formula, C is the number of contracts and P is the contract price. When the fee schedule is that transparent, you’ll know how much to budget per trade.

Market liquidity

Here, we look at a factor that determines how easily you can buy or sell contracts at a reasonable price. Remember that the prediction markets are P2P.

When there’s high liquidity, the contract price won’t swing much with individual sales. The opposite happens in low-liquidity markets, leading to high spreads and slippage. Here’s what those mean:

• Spread is the difference between the highest bid and lowest ask price in the order book
• Slippage is the difference between the price you expect and the price the trade is executed at

We examine liquidity by checking the order book directly. Sites that frequently record significant trading volume with tight spreads (less than $0.05) score higher in our ratings.

Settlement sources

Whether a contract settles as Yes or No depends on a precise source. This is most essential for events that involve intricate metrics, such as on crypto or economy prediction market sites. If it’s a sports game, reports will typically be the same when one team wins against another.

However, in crypto, one source may say BTC reached a price at 4:00 PM and another at 4:02 PM. That two-minute difference can decide whether you win or lose a minute-based contract.

To show you how sources can differ, here are examples from three sites on our list:

For us, the best platforms must get their data from trusted sources and state them publicly.

Customer service

Having a responsive support team to contact whenever you need assistance makes a big difference. We prioritize this factor because we understand how dynamic event trading can be. Sometimes, there may be confusing resolutions, partial order fills, and verification issues.

Sites with 24/7 live chat support are the most reliable in our reviews. Ideally, real customer service agents should respond within minutes in the chat, without leaving everything to a bot. Email, contact form, and phone support are also helpful. We also check for help centers, knowledge bases, and FAQs, which are beneficial to new traders.

Upsides and downsides of the best prediction market sites

From what we recorded on the various event trading platforms we tested, these are their pros and cons:

Conclusion – Trade responsibly on prediction market sites

We’ve given you 10 reliable prediction market sites to choose from on our top list. As the reviews show, the platforms each have a specific upside. Plus, they’re regulated by the CFTC, making them legitimate for trading in the US, though you still need to consider your state.

If you’ve selected your preferred platform, you can click the banners on this page to visit the website. Then, register and verify your account to start trading. While at it, make sure you work with a budget and set limits. Ultimately, prediction markets involve real money, and you can profit or lose, depending on the event outcome.

Our Top 5 Prediction Market Choices

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