List of Prediction Market Apps: What Are The Best Prediction Markets In June 2026?

As more prediction market apps launch in the U.S., we want to make sure which sites actually have the best and most interesting markets for you. Trading on the outcome of sports, politics, and pop culture is becoming a huge trend. Because of that, we’ve put together a guide to help you find the best prediction market to sign up for this June.

With some household names like Kalshi, Polymarket, Crypto.com, and Robinhood, there are plenty of great apps available to choose from depending on what you’re interested in. In this guide, we’ll explain how prediction markets work and share our personal experience with the variety of available apps.

Compare The Best Prediction Markets: Top Sites in June

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Brand

Bonus

Features

Trade

1

Deposit $20 get $50

• 13+ sports, including the NFL, NBA, NHL, and MLB
• Live sports prediction markets
• Price, American, Decimal, and Percentage view formats

Trade Now Polymarket Review

Must be 18 years or older and have a legal, U.S. residential address within the applicable state, D.C., or U.S. territories. Not available in AZ, IL, MA, MD, MI, MT, NJ, NV and OH.

2

$10 Bonus

• Allows users to buy and sell outcome-based event contracts
• Uses a real-time pricing model with flexible entry and exit
• Markets are based on trader sentiment around team performance, injuries, and schedules

Trade Now Kalshi Review

T&Cs apply, 18+

3

100% up to $250

• Place Bets on top sporting events using quick-resolution outcome contracts
• Trade with capped risk and fully transparent payout structures
• View live odds that shift dynamically with market sentiment

Trade Now Crypto.com Review

T&Cs apply, 18+

Quick facts about prediction market websites

• Prediction sites are legal in the US.
• You can predict real-world events at these sites.
• Some prediction categories you’ll find at these sites include crypto, politics, economy, culture, and climate.
• Some prediction sites offer bonuses and promotions to start making forecasts.

List of All Prediction Markets in the US

Top Trending Markets Today

We like to keep Prediction Market traders up to date on the trending and high-volume markets. Everything from top movies, presidential actions, and the winner of the top sports championship. Check out the top three trending markets today within Politics, Sports, and Culture:

Sports: Who will be the next World Cup Winner?

• Spain Yes 16.5¢ / No 83.6¢
• France Yes 16.3¢ / No 83.8¢
• Portugal Yes 10.3¢ / No 89.8¢

Prices via Kalshi, taken on June 9 at 5:05 AM ET

Congress: Will crypto market structure legislation become law??

• Before July Yes 2.6¢ / No 98.9¢
• Before August Yes 23¢ / No 79¢
• Before 2027 Yes 51¢ / No 50¢

Prices via Kalshi, taken on June 9 at 5:05 AM ET

Crypto: When will Bitcoin cross $150k again?

• Before August 2026 Yes 1¢ / No
• Before September 2026 Yes 3¢ / No 99¢
• Before January 2027Yes 7¢ / No 94¢

Prices via Kalshi, taken on June 9 at 5:05 AM ET

Latest Prediction Markets News (6/9/2026)

• Kalshi World Cup Promo: What a promo by Kalshi. All you need to do is pick the winner and split $1 million with all the other participants who chose the same country as you.

How do prediction market apps work?

Prediction websites and apps work like exchanges. They're usually regulated by the Commodity Futures Trading Commission (CFTC). These sites allow interested traders to buy or sell contracts on their chosen real-world events.

Note that these sites differ from sportsbooks. You won't be able to place wagers like you would with a regular bookmaker. For instance, rather than predicting on economy, you only make Yes or No predictions on your chosen event market.

You might find contracts asking you to predict how high cryptocurrencies like BTC will go this year. Note that you'll have to pay a trading fee to your chosen prediction website. These sites usually let you trade against one another rather than the exchange. Once the event occurs and your prediction is successful, you'll get your wins.

The Best Prediction Markets Reviewed – Options to Consider

After hearing so much about prediction sites, we checked around for the best options. Kalshi, Polymarket, Crypto.com, and Robinhood are still among our top picks, but the prediction market space has grown quickly. Here’s our experience forecasting real-world events at these sites, along with a few newer brands worth knowing about:

1. Kalshi – Best prediction site for sports events forecasts

Kalshi: Pros and Cons

• Regulated by the CFTC
• Broad category coverage (sports, politics, etc.)
• Transparent pricing and settlement

• Fee structure is fair but complex

Visit Kalshi

Although Kalshi offers numerous prediction categories, sports event contracts are among its best. You can buy and sell Yes-or-No contracts on sports events across football, basketball, tennis, Formula 1, UFC, and more. The site also covers politics, culture, climate, economy, companies, financials, crypto, tech, science, and health, which gives traders a wide range of categories to explore. Each of these prediction categories has multiple markets. Note that predicting on climate events isn't allowed, as you can only make forecasts on the site.

Kalshi is federally regulated as a Designated Contract Market by the Commodity Futures Trading Commission. Its affiliate, Kalshi Klear LLC, is also CFTC-regulated and provides clearing services for trades. This gives Kalshi a strong regulatory profile compared to many prediction market apps.

There are also several ways to earn rewards. Kalshi offers bug and ambiguity rewards for pre-listed markets, liquidity incentives for placing resting orders, referral rewards, and occasional trading-volume reward pools. The app is highly rated on iOS and Google Play, and the interface is clean enough for beginners while still offering real-time forecasts and useful market data for active traders.

$10 Bonus

Code: PREMARLINES Copied!

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T&Cs apply, 18+

2. Polymarket – Best prediction site with daily rewards

Polymarket: Pros and Cons

• Android and iOS apps
• USDC stablecoin for trading
• Regulated by the CFTC

• No sign-up bonus

Visit Polymarket

Like all prediction sites on this list, Polymarket allows traders to buy Yes/No contracts on real-world events. These include sports, elections, culture, politics, economy, technology, crypto, and more. The site is built on the Polygon network and has become one of the largest blockchain-powered prediction markets, with high trading volume and a large community.

Polymarket stands out for its wide market variety and transparent on-chain structure. It supports USDC on the Polygon network, wallet transfers, Coinbase USDC purchases, and MoonPay fiat purchases. This makes it especially appealing if you already prefer crypto-based payments.

There are no traditional VIP tiers, but Polymarket does offer Liquidity Rewards and Holding Rewards. Liquidity Rewards pay daily for placing competitive limit orders near market prices, while Holding Rewards can provide hourly rewards for long-term positions in selected markets. Support is available by email, live chat, Discord, Telegram, and X, which is useful for traders who prefer community-based help.

Deposit $20 get $50

Code: LINES Copied!

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Must be 18 years or older and have a legal, U.S. residential address within the applicable state, D.C., or U.S. territories. Not available in AZ, IL, MA, MD, MI, MT, NJ, NV and OH.

3. Crypto.com – Best prediction site for making crypto forecasts

Crypto.com: Pros and Cons

• Offers a wide variety of markets
• Flexible contract values
• Over 350 cryptocurrencies accepted
• Beginner‑friendly interface

• Small trading & withdrawal fees

Visit Crypto.com

If you're looking for a site with numerous crypto prediction markets, Crypto.com is a strong option. At this site, you can forecast crypto event outcomes involving popular tokens like Bitcoin, Ethereum, Solana, Ripple, and more. Crypto.com also features prediction categories covering sports, politics, economics, and financial events.

The biggest advantage is that prediction markets sit within the wider Crypto.com ecosystem. You can manage crypto, fiat payment methods, and event contracts from one recognizable app. Crypto.com supports Visa, Mastercard, Google Pay, Apple Pay, and several cryptocurrencies, which makes account funding flexible.

The app is highly rated, with strong Android and iOS scores, and it includes beginner-friendly trading tools. Crypto.com also runs regular promotions across its wider product range, including CRO rewards, Visa card offers, and occasional trading contests. Prediction market fees can apply, so it’s worth checking the current fee details before buying contracts.

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. 

100% up to $250

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T&Cs apply, 18+

4. Robinhood – Best prediction site for political forecasts

Robinhood: Pros and Cons

• Various contract categories
• Reward programs
• 24/7 live chat support
• Dedicated mobile app

• Some categories have limited markets

Robinhood has grown into a notable prediction market app since adding event contracts to its wider investing platform. You can access markets covering politics, economics, sports events, crypto, and pop culture, depending on availability. Its app-first setup makes it one of the simpler options for users who already use Robinhood for stocks, ETFs, crypto, or options.

To access prediction markets, you may need an individual investing account and a derivatives account. Once that is set up, the experience is straightforward, with a clean app interface and clear market pricing.

Robinhood also offers regular promotions across its broader platform. New users may receive free stock after linking a bank account, while referral rewards and transfer offers can also appear. Robinhood does not use a traditional VIP system, although Robinhood Gold adds extra account features such as higher APY, larger instant deposits, research tools, and Gold Card perks.

5. Underdog Predict – Best for sports-focused prediction markets

Underdog Predictions Pros & Cons

• Great selection of sports prediction markets
• iOS and Android apps
• Fast withdrawals are available

• No promotions are available

Underdog Predict is a strong option if you want a sports-first prediction market app with extra categories to explore. The product sits within the wider Underdog app, so existing Underdog users won’t need a separate account or download. Prediction markets are currently available in 32 US states, with restricted states including Arizona, Colorado, Connecticut, Illinois, Maryland, New Jersey, New York, Ohio, Pennsylvania, and Tennessee.

Sports event contracts are the main draw here, with coverage across the NFL, NBA, NHL, MLB, soccer, tennis, basketball, baseball, and ice hockey. You’ll also find politics, economics, and culture markets, including contracts tied to the 2028 US Presidential election, state races, AI models, US recession outcomes, and major awards like the Grammys and Oscars.

The app is available on iOS and Android, with a clean layout, real-time price updates, clear risk/profit details, and easy access to market information. Underdog Predict does not currently offer prediction market bonuses, but the payment setup is solid, with debit cards, Trustly, and Apple Pay for deposits, plus PayPal, Venmo, and Paysafe for withdrawals.

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.  

6. PrizePicks – Best for simple peer-to-peer sports prediction contests

PrizePicks is one of the most recognizable names in daily fantasy sports and now focuses on peer-to-peer contests rather than against-the-house Pick’em games. It is not a broad prediction market app in the same way as Kalshi or Polymarket, but it does offer a simple way to make sports-based predictions through Lineups, Arena contests, and Streaks.

The app covers a wide variety of sports, including NFL, NBA, MLB, NHL, college sports, WNBA, PGA, tennis, F1, UFC, esports, soccer, NASCAR, cricket, and more. One of its biggest strengths is usability. The site and app are easy to navigate, and the community around the PrizePicks Discord adds an extra layer for news, updates, and rewards.

New users can use promo code PLAYBOOK to get $50 instantly in Lineups after a first $5 play. PrizePicks also runs recurring promos such as Flex Friday, Taco Tuesday, and Reboots, although availability can vary by location.

7. FanDuel Predicts – Best for users familiar with FanDuel’s wider platform

FanDuel Predicts Pros & Cons

• New trader bonus
• 24/7 support
• Dedicated apps

• No existing trader promotions

FanDuel Predicts brings the FanDuel name into the prediction market space, making it a recognizable option for users who already know the brand’s app ecosystem. FanDuel is best known for fantasy, casino, racing, and sports products, but its prediction market focus gives users another way to interact with real-world event outcomes through contract-style markets.

FanDuel’s wider platform has some of the strongest mobile ratings in the industry. Its apps are highly rated across fantasy, casino, racing, and sports products, and the unified account system makes it easier for existing users to manage different products from one familiar brand.

The broader FanDuel ecosystem includes frequent promotions, daily fantasy contests, casino rewards, and invite-only VIP benefits. Prediction market offers may differ from traditional FanDuel promos, so users should check the current terms before signing up. Support is available through live chat, FAQs, web forms, and social channels.

8. Fanatics Market – Best mobile-first prediction market app

Fanatics Markets Pros & Cons

• Fantastic quality mobile apps
• Simple $1 trade contract setup
• Fully regulated by the CFTC
• Widely available in the US

• Still expanding its markets
• No desktop version

Fanatics Market is a mobile-first prediction market app covering sports, politics, finance, and crypto. The app uses Yes/No event contracts, with prices shown as probabilities from 0 to 1. This makes it feel more like a trading app than a traditional sports product, which should appeal to more data-driven users who like clear pricing.

The sign-up offer is simple: new users can complete KYC and place a $5 trade to receive $35 in credit, which is usually added within 72 hours and can be used on prediction markets. The minimum deposit is $5, making the entry point fairly low compared with some financial-style platforms.

Fanatics Market has a clean dark interface, low minimum trades, and rotating event-based offers. Active traders may also benefit from trading-fee rebates. The app is currently mobile-only, so it may not suit users who prefer desktop trading, but it is a strong option if you want a focused app experience.

9. OG – Best new Crypto.com-powered prediction market platform

OG Pros & Cons

• Awesome mobile app with integrated live chat
• Wide variety of event contracts
• Easy pick-up-and-play mechanics
• Excellent refer-a-friend program

• Limited withdrawal payment methods

OG.com is a newer prediction market experience powered by Crypto.com. It offers event contracts across sports, politics, economics, pop culture, company news, crypto, and financials. Because it is connected to Crypto.com’s wider infrastructure, it may appeal to users who already trust that ecosystem and want a standalone prediction market platform.

The platform’s welcome promo can offer up to $100 in bonus funds, unlocked in stages. The first portion is tied to account creation, verification, and a $10 deposit, while the next part is linked to completing a $10 trade. OG also has a referral structure where users can earn rewards based on how much referred users trade within their first 30 days.

OG’s standout features include live social chat on event pages, real-time leaderboard updates, clear fee displays, and support for sports parlays on selected markets. The platform also supports deposits through options such as Plaid, debit cards, ACH, wire transfers, PayPal, and Venmo.

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. 

10. Coinbase – Best potential option for crypto-first traders

Coinbase is one of the most established names in US crypto, and its prediction markets give users another way to trade on real-world outcomes rather than only buying and selling digital assets. Event contracts are offered through Coinbase Financial Markets, which is registered with the CFTC as a futures commission merchant and is an NFA member.

The main strength here is trust. Coinbase is a public company with a large retail user base, strong brand recognition, and a familiar app used by both beginners and experienced crypto traders. Its prediction markets also sit alongside Coinbase’s broader crypto trading tools, including Advanced Trade, which offers 550+ markets, TradingView charts, APIs, and volume-based fees.

That said, Coinbase may feel more finance-focused than some dedicated prediction market apps. Users looking for a casual, community-led experience may prefer alternatives like Polymarket or OG. Still, for those who want a regulated, crypto-native platform with a familiar interface, Coinbase is a strong option to consider for prediction markets.

11. Novig – Best social sports prediction-style app

Novig is not currently a full prediction market site, but it is a sports-focused platform that has been moving toward the prediction market space. For now, its strongest appeal is the sports prediction-style experience, with coverage across major leagues and events, plus a mobile-first setup that makes it easy to follow markets from an iOS or Android device.

The platform covers a wide range of sports, including football, basketball, baseball, hockey, golf, tennis, MMA, soccer, and college sports. Markets are built around sports outcomes and player performance, making Novig most relevant for users who want a sports-first experience rather than a broader mix of politics, economics, culture, and crypto.

Novig’s app is easy to use, with a clean layout and strong customer support options, including live chat, email, phone support, and a help center. Since the platform is applying to become a prediction market site, it is one to watch, especially for sports-focused users.

12. DraftKings Predict – Best for DraftKings users exploring prediction markets

DraftKings Predictions launched in December 2025 and gives users a way to buy and sell event contracts on real-world outcomes through a brand many sports fans already know. Instead of trading against DraftKings, users trade contracts with other users in a peer-to-peer marketplace. Contracts are priced between $0.01 and $0.99 and settle at $1 if the selected outcome happens or $0 if it does not.

The platform is available through iOS, Android, and web, with KYC required. DraftKings Predictions is federally regulated through the CFTC framework, but availability varies by state. All markets are available in states such as California, Texas, Florida, Georgia, and Rhode Island, while some states only allow financial markets or restrict sports event contracts.

The biggest strength is familiarity. DraftKings uses a sports-style interface, and users can toggle between traditional-looking odds and probability-style pricing. It also supports convenient banking with no crypto required. However, the product is still newer than Kalshi or Polymarket, and some users may find market depth, volume data, and advanced trading tools more limited for now.

Factors we considered before choosing our top prediction sites

The following are the factors we considered before choosing our recommended prediction sites:

Numerous prediction categories

The first thing we always look for is a site that features numerous prediction categories. We want to see options like sports, politics, economics, culture, and crypto. If a prediction site features other categories like climate, it's a plus.

That way, traders won't be bored as they can try as many categories as they want.

Regulation

We never sign up at an unregulated prediction site. Hence, one of the first things we check is whether the site is regulated by the Commodity Futures Trading Commission (CFTC). Once we confirm this, we can proceed with registration.

Signing up at an unregulated site exposes your details to potential scams. There's no authority or regulatory body to monitor these sites, so they can easily get away with anything.

Multiple markets

Another important factor we consider before signing up at a prediction site is the markets. We always ensure each category has multiple markets, with some reaching up to 20.

The bigger the markets, the harder it is to get bored. If you're a football fan, you can make forecasts on various markets, including moneyline, futures, and spreads. However, the markets depend on your preferred site.

Bonuses and promotions

Prediction sites usually feature bonuses and promotions for new and existing traders. Although you can't expect the type of promos available at prediction market sites or even exchanges, the offers we occasionally received were worth it.

Therefore, it’s a great idea to always check the promotions page on your chosen site regularly. You may find bonuses and promotions to help you make more forecasts. However, pay attention to the promotional period, as these offers are usually available for a short period.

Security

Security is a non-negotiable factor while choosing prediction sites. The four apps we recommended feature advanced SSL encryption technology to protect traders' information from unauthorized access.

You can also set up two-factor or multi-factor authentication for extra security. We carefully verified the security of these sites before adding them to the list.

How to sign up at prediction market sites

Before we begin with this section, note that conventional betting isn't allowed at these sites. That's because they aren't regular sportsbooks where you can bet. Instead, you only need to make Yes or No forecasts at our recommended prediction brands.

That said, here's how to register at these sites:

1. Select a prediction site

   The first step in forecasting real-world events is choosing your preferred prediction site. We've recommended four trusted brands. Choose one and click the banners on this page to quickly visit its official website.

   The prediction sites we recommended are secure, regulated, and feature numerous prediction markets across various categories.

2. Sign up

   Once you've selected a prediction site, you need to sign up. This usually entails entering your email, date of birth, password, phone number, and full name. You may be asked to verify your email and phone number during registration.

   Also, KYC verification is usually required. Some prediction sites allow you to sign up via Google, Apple, or wallet exchanges like Coinbase and Metamask.

3. Deposit into your account

   Make your first deposit once your account registration is complete. You need a funded wallet to check the best crypto prediction market on your chosen site if you prefer making that type of forecast.

   Fortunately, these sites usually offer many popular payment methods, including crypto, for fast, seamless transactions. You'll likely find credit/debit cards, eWallets, and online banking options, alongside popular cryptos like BTC, ETH, USDT, SOL, XRP, and Doge.

4. Start making predictions

   After making your deposit, it’s time to forecast real-world events. Whether you prefer economic, political, cultural, crypto, or sports events, you’ll find options to suit at our four recommended sites.

   Simply browse the available categories and markets, and choose the ones you want to buy. Note that you can always adjust or sell your contract even before the event starts. You can also forecast live events at some of the prediction sites on our list. These contracts settle quickly, making it suitable for traders in a hurry to land wins.

Top categories at prediction sites

After thoroughly reviewing our four recommended predictions, we noticed that these sites offer many categories with multiple markets each.

Here's our list of prediction markets. We'll share our experience in each of these categories. Note that availability may depend on your chosen site:

Sports predictions

Many prediction sites feature sports markets. This category is suitable for traders with sports knowledge. You can make moneyline, spread, or total predictions, depending on your chosen site.

These sites feature events from sports like football, basketball, golf, baseball, tennis, boxing, Formula 1, and cricket. College football and basketball games are usually available. However, confirm at your preferred site before signing up.

Politics predictions

Traders interested in politics can also make forecasts on our four recommended sites. You'll find events on trade wars, laws, policies, the Fed, and elections.

It is the political predicitions that are allowed at these sites, as they aren't bookmakers. You can only predict the outcomes of political events. Depending on your chosen prediction site, you can find up to 10 markets in this category, each with multiple event contracts.

Crypto predictions

You can trade Yes/No contracts on cryptocurrencies at prediction sites, including our top four. Popular crypto tokens like BTC, SOL, ETH, XRP, and Doge are typically available. However, some prediction sites offer less popular options, such as Dog and Chainlink.

Based on our experience, some sites offer live outcomes for crypto events. Some traders prefer this option for their fast rewards.

Economic predictions

Another popular category at prediction sites is the economy. Some apps feature separate financial and economic sections. However, they're almost the same.

Traders who've kept up with economic laws, regulations, news, and policies can make forecasts at these sites. Some markets you may find include taxes, inflation, and trade wars.

Cultural predictions

Many prediction sites feature contracts for cultural and entertainment events such as the Oscars, the Grammys, and the Emmys. You can also forecast movie event outcomes and celebrity news in this section.

Although you can make forecasts on entertainment events at these culture predictions, it's not the same as betting sites. You can't bet on prediction sites.

Tips for making forecasts at your chosen prediction site

Here are some of our tested and trusted tips for making forecasts at our top four prediction sites:

Choose a prediction site that aligns with your prediction preference

The prediction sites on the banners on this page feature various categories, including cryptocurrency, sports, politics, economics, and finance. Hence, you need to choose one that suits your prediction preferences.

If you're interested in crypto forecasts, consider Crypto.com. On the other hand, if you prefer sites with bonuses and promotions, we recommend Polymarket and Crypto.com, which offer many time-limited offers.

You can occasionally visit other prediction brands or even try other markets at your first preferred site. However, it's always best to start with a site that suits your forecast needs.

Choose prediction markets you have sufficient knowledge of

The first thing we do before deciding which forecast to make at a new prediction site is check the markets. Our recommended sites feature various categories. You can find sports, politics, crypto, economics, entertainment, and culture.

Hence, it's best to start with what you’re familiar with. If you have sufficient knowledge of entertainment and culture, start there. We always follow entertainment scoops and latest news, so we usually start with the culture category at our chosen prediction site.

The other day, we forecasted the top 5 most famous people in 2025. Pope Leo XIV and Bianca Censori's names made the list, and we picked the Pope.

Take advantage of data

Many prediction sites feature previous forecast results, latest trending news, and analytics tools to help you make informed predictions. We recommend using these tools to analyze your chosen event contracts, regardless of how knowledgeable you feel.

Also, don't forget to stay ahead of the latest industry news regarding the prediction categories you choose. We enjoy forecasting sports events, so we always follow trusted sports websites, podcasts, and social media pages. If they're focused more on football content, it's a plus, as that's our favorite sport.

Staying up to date and using available data will help you make informed decisions. We also recommend studying patterns. Does Bitcoin price fall at the end of the year? If yes, then your forecast for contracts like will Bitcoin price rise over $150,000 this year should be No.

Claim bonuses and rewards

Many prediction sites feature regular bonuses and promotions. We recommend taking advantage of these offers to make forecasts. For instance, after signing up at Robinhood, we were asked to transfer our assets from our previous exchange to the new prediction site.

We did and received a transfer bonus. Sites like Crypto.com regularly offer welcome bonuses and promotions. These offers are usually time-limited, so always check the promotions page to grab one once it lands.

We even found daily rewards and Holding Rewards at Polymarket. With these offers, you can make more forecasts at your preferred prediction site.

Focus on one market at a time

As we've already confirmed in this article, prediction sites feature many categories and markets. Hence, it's best to concentrate on one at a time. If you enjoy forecasting political events, focus on it, rather than making sports, crypto, and economic predictions at the same time.

Making multiple forecasts across various markets and categories will likely lead to a series of losses. That's because you may be unable to follow up with the latest information and trends across all these markets.

For instance, another category we love forecasting is sports. Since we are football fans, we usually focus on its markets. Imagine making tennis predictions with zero knowledge of the sport.

Prediction Market Sites Legality

Prediction market sites in the U.S. are legal, operating within federal guidelines from the Commodity Futures Trading Commission (CFTC), which regulates them as Designated Contract Markets (DCMs). This federal regulation means that prediction platforms can offer trade contracts across the country without needing a license in every state.

This isn't as straightforward as it sounds, with a growing number of state regulators claiming that sports-related trades fall under their gaming authority, and they have now backed that up by filing cease and desist lawsuits. Nevada, Maryland, Connecticut, Illinois, and Tennessee have all gone after one or more of the major prediction sites. What we can say is that, currently, the federal courts haven't agreed on an answer yet.

So, with the legal landscape of prediction markets changing so rapidly, it's best to check individual state regulations before signing up to any platform, and we will do our best to keep you updated with any information that we gather.

Prediction Markets Legal Timeline

Prediction markets are expanding rapidly while federal regulators, state governments, and lawmakers continue to debate how these platforms should be classified in the US. Let’s take a look at recent legal updates to get you up to speed:

Recent legal updates:

March 2026:

• CFTC Chair Michael Selig announced plans to formally support contract markets and move toward clearer federal rules.

February 2026

• The Maryland Attorney General issues an opinion stating that prediction markets on non-economic events fall under state lottery laws.

January 2026

• The CFTC reaffirmed its exclusive jurisdiction over contracts but issued new staff advisories requiring improved monitoring.
• The Illinois Gaming Board continues to issue cease-and-desist letters to major prediction platforms operating in the state.
• A federal court in Tennessee blocked state enforcement against a prediction market operator, finding its sports trades likely fall under federal law.

December 2025

• Rise in popularity leads to heavy litigation and legislative scrutiny in over 11 states.
• A Nevada federal judge dissolved an earlier injunction protecting a prediction platform, ruling its sports trades fell under state gaming law.
• Pennsylvania's House Gaming Oversight Committee held a hearing examining how prediction market platforms fit within state gaming frameworks.

Pros and cons of prediction markets

The following are the pros and cons of signing up at prediction sites to try various markets:

Pros and cons

• Highly regulated sites
• Bonuses and promotions are usually available
• Various prediction markets

• Promotions are often time-limited

Conclusion – Try various prediction markets at our recommended sites

Prediction sites are becoming increasingly popular daily due to their operating model. These sites are regulated by the Commodity Futures Trading Commission (CFTC), making them legal across the US and many countries.

While searching for the best prediction sites, we found Kalshi, Polymarket, Crypto.com, and Robinhood. We picked these four sites due to the number of available markets across various categories. Depending on your chosen prediction site, you can claim welcome bonuses and other promotions to forecast events.

If you're ready to start using your knowledge to make potentially winning forecasts, choose one site from the list. Then, sign up by clicking the site’s name on the banners on this page.

Best Prediction Markets FAQs