Best Prediction Market Apps in 2026

Top Prediction Market Sites Right Now

Our extensive research and testing uncovered five of the best prediction market sites in the U.S., with each offering distinct features. In some cases, you’ll be able to claim signup offers to get you started. Choose from our rankings which highlight the best of the best.

Best Prediction Market Platforms in Detail

Before choosing any prediction app to sign up with, consider this list of prediction market platforms that have performed highly against our grading criteria. Often, the sites have been approved by the Commodity Futures Trading Commission (CFTC), making them function more like stock exchanges than betting platforms. All are verified to be legal and trustworthy.

1. Kalshi: Best for CFTC-Regulated Event Trading

Kalshi is the most well-known and best prediction market betting site in the U.S. It is a CFTC-regulated platform that offers futures on a range of real-world events. However, roughly 90% of activity centers on sports, while other markets range from weather predictions to political outcomes.

Users buy or sell event contracts priced between 1 and 99 cents, with prices reflecting the probability of either yes or no outcomes. Because users can trade positions before settlement, it works similarly to long and short positions in stock trading.

While there are plenty of upsides, there are some downsides to the platform. The wealth of options means that niche markets can generate lower activity and be harder to back. There are also some legal issues with sports markets, such as Massachusetts recently blocking Kalshi’s sports prediction markets because sports betting is illegal in the state.

2. Crypto.com: Best for Diverse Yes/No Prediction Markets

Undoubtedly the best betting prediction site for crypto users, Crypto.com’s prediction platform is regulated by the CFTC and integrates the platform’s market-leading crypto exchange. Its stable and intuitive platform offers yes/no markets for myriad events, from sports to crypto price fluctuations.

While wagers are made in USD fiat, the platform allows you to automatically convert funds from your crypto wallet into all 350 of the site’s cryptocurrencies. The site is best suited for crypto natives looking to wager on non-sports markets, with sports fans more suited to the platform’s external OG.com platform.

Downsides include limited product offerings in certain sports, liquidity shortages in niche markets, and the fact that, while small, event fees can quickly add up when playing regularly.

3. ProphetX: Best for Sweepstakes-Style Sports Predictions

ProphetX is the best bet prediction site for sweepstakes play, with the site accepting wagers on outcomes with credits rather than real money. Players can bet on outcomes such as moneyline wagers, totals, and spreads for various sporting events, with correct predictions earning site credits that can be redeemed for valuable prizes.

There are also plenty of event outcome markets that are similar to prop bets, such as backing a yes or no outcome on whether a certain player will score. The site is best for sports betting fans who do not wish to stake real money. It is also the best market prediction app for promotions.

However, there are some downsides to consider. Because the site is not CFTC-regulated, it is only available in 40 states. The fact that real money cannot be won will also be a turn-off to some users, while the sports-only focus will be less appealing to backers of standard prediction apps’ broader real-world event offers.

4. Novig: Best for Peer-to-Peer Exchange Betting

Novig stands out in the prediction market space by offering a completely peer-to-peer betting platform. Rather than including a vig into odds, users can set their own odds on event predictions that other users respond to, or choose to back or oppose outcomes based on others’ odds.

The platform uses a sweepstakes model instead of a cash investment, and provides new users with free credits. These can then be used to pay for market predictions or exchanged for valuable prizes, making them perfect for analytical players.

Downsides include the fact that there is no house, so you are dependent on setting your own predictions or responding to others’ exchanges. This can also make niche markets and props less liquid. The platform is limited to 40 states, and the lack of real money wins may make it unsuitable for many.

5. Underdog: Best for Sports-Focused Prediction Markets

Launched at the end of 2025, Underdog’s prediction market platform utilizes Crypto.com’s CFTC-approved platform to offer its exchanges. Unlike its partner, Underdog offers only yes-or-no markets for sports events. The platform was the first to offer both fantasy sports and prediction markets in one app.

The advantages of using the platform are that it is regulatory-approved, though it is currently available only in 16 states. The limited selection of market options does ensure that more niche options are more liquid, though standard options include team to win and player props.

Interestingly, despite its partnership with Crypto.com, the platform does not accept crypto wagers or allow instant conversion of USD winnings into crypto.

What Is a Prediction Market App?

A prediction market app is an online trading platform that allows users to trade shares in real-world outcomes, ranging from sporting events to politics. Rather than placing traditional wagers against bookmaker odds, users buy and sell shares with each other, with the price of a contract based on how the market expects an outcome to occur.

Rather than including a vig in contract prices, platforms charge a transaction commission. Because these platforms are set up similarly to financial exchanges, they are regulated by the federal CFTC rather than by state gaming regulators, allowing them to reach users across all states.

However, not all prediction market platforms require this approval. If they use sweepstakes models, in which users don’t stake or earn real money, they earn site credits that can be exchanged for prizes. As the prediction market industry evolves, we’re starting to see unique offerings emerge, with some exclusively offering political futures rather than sports options.

How Prediction Market Trading Works

When you head to one of the best betting apps for prediction markets, you’ll often see the contracts organized first by categories such as sports, politics, and entertainment, then displayed as yes or no questions, such as “Will the Packers beat the Jets?” or “Will the weather in Houston exceed 93 degrees?”

The price of each outcome sits between $0 and $1 and reflects its perceived probability. These are also the fixed settlement prices of outcomes. For example, if you were to purchase a YES share on the Packers to win the Super Bowl at 70 cents per share, and they did, you’d receive $1 per share, while a NO would receive $0.

In this case, you’d lock in a profit of $0.30 per share. You could also hang on to your shares for trading as the price fluctuates. For example, if you were to purchase YES shares on an underdog politician to win an election at 10 cents per share, then see that they are becoming favored in the primaries and their price rises to 50 cents per share, you could sell them and make a 40-cent profit.

Share prices can also reflect supply and demand, and savvy, analytical users could hedge their bets by backing related event outcomes. For example, backing an F1 racer to win a race who performs well in the rain, while predicting the event of rain in that city, could offset or boost losses or profits.

As with stock trading, users can post their own prices of shares and wait to be matched. The liquidity of markets will also directly impact sales. This refers to how many people are in the market willing to trade with you, where higher liquidity makes it easier to sell at fair prices, and lower liquidity makes it harder to trade for a favorable price.

How to Sign Up for a Prediction Market Platform

The signup process for registering with the best prediction market app will depend on which site you’ve chosen and whether it is available in your state. In all instances, though, you can start signing up by clicking on the registration links provided on this page.

You’ll then be prompted to provide your personal information, such as name, address, and contact information. To comply with state and federal KYC and anti-fraud measures, you’ll need to verify your identity by submitting a Social Security number and other government ID documents. Once you’re approved, you’ll be able to fund your accounts with numerous different contact methods.

How We Rank the Best Prediction Market Apps

We reviewed all the available prediction market apps in the U.S. before creating our shortlist of the top five platforms. Our grading criteria considered several essential factors, including their availability in all states, the user base and site popularity, and, in turn, the liquidity and the variety of markets.

The popular prediction sites highlighted represent a diverse range of offerings available. We’ve considered whether they have real money or sweepstakes models, or whether they exclusively exchange sports event outcomes or broader non-sports events. The payment options were also considered, including regulated crypto payments or fiat.

The most essential component, though, was how trusted they are. In some cases, the sites have been approved by the Commodity Futures Trading Commission (CFTC), allowing them to be offered in all states as non-gambling entities. In other cases, the sites were offered under betting licenses or met legal requirements by using sweepstakes models.

We also reviewed the fees and commissions to ensure predictions were fair, and tested and verified that support options were helpful, fast, and easily accessible. The best prediction market apps in our ranked list excelled in all of these categories.

Buyer’s Guide: How to Choose a Prediction Market App

Whether you prefer sports or non-sports events should also factor into your decision. If you’re more interested in skill-based contests built around drafting lineups rather than trading contracts, you may want to explore daily fantasy sports platforms instead.

If you want to use a prediction app to earn money, then you’ll want to avoid sweepstakes-based platforms. Right now, federally regulated sites such as Crypto.com and Kalshi offer the widest variety of markets and strictest legal protections. In most states, they also offer sports markets.

The popularity of the platforms is also important to consider, as the larger the user base, the higher the liquidity of even niche markets. Also, be sure to review the fees charged by the best prediction apps, as they will affect your bottom line. Check out the platforms before signing up to gauge their platform design and user experience.

As mobile exchanges tend to be the most convenient, read the reviews on the Google or Apple app stores for the associated apps, and check that the payment options suit your needs.

U.S. Legality and State Availability

Market prediction apps have emerged in a complex and controversial legal environmentdue to their perceived similarity to sports betting. As the industry matures, several states are responding to the activity. Currently, several platforms, such as Kalshi, are federally regulated by the CFTC as “event contract” exchanges.

However, due to regulatory uncertainty in states such as Nevada and Massachusetts, some products, including sports event outcomes, may not be available. Several other state courts are investigating whether its products are akin to illegal gambling under their current laws.

If the market prediction site relies on a sports betting, daily fantasy sports, social sportsbooks, or sweepstakes model, this could impact its future availability due to restrictions of these activities in certain states.

Will Prediction Market Apps Remain Legal?

Although prediction betting apps are currently legal in some form in all U.S. states, there are signs that the platforms will undergo further regulatory revisions in the near future. There are currently 20 federal lawsuits filed across the nation that are questioning whether the platforms, as they stand, are bypassing gambling laws.

Several states, attorneys general, and tribal groups have argued that the activities align with their definitions of gambling and, therefore, their existence defies relevant taxation and compliance standards. Despite this, the CFTC has asserted that regulating the exchanges falls within its jurisdiction.

There have been several high-profile legal battles between major apps such as Kalshi and Polymarket and the states, with the CFTC’s position now indicating the matter could head to the Supreme Court. Until this happens, prediction markets will remain legal across the U.S., though perhaps in some altered form.

List of Prediction Platforms

In addition to the recommended platforms at the top of this review, there are several other emerging and top prediction market websites available to U.S. users. Many of these launched in early 2026 and are CFTC-approved to ensure federal availability. Be mindful that some have different focuses, whether it be sports outcomes or political events.

Prediction Market Websites vs. Sportsbooks

While it’s not hard to see the similarities between the best prediction markets and online sportsbooks, there are fundamental differences that set the activities apart. Traditional online sportsbooks see odds on outcomes set by bookmakers according to complex data analytics and predictions, while the market sets prediction market prices.

The prediction event contracts are simple yes or no outcomes, while sportsbook markets are varied. Once wagers are placed at a sportsbook, these are set in stone and cannot usually be cashed out for profits before settling. Prediction event outcomes, though, can be traded before settlement like shares. As we’ve covered, there are also fundamental differences in how these platforms are regulated.

Risks and Responsible Trading

Anyone familiar with financial stock exchanges will understand that the market can be volatile, and the same goes for prediction market outcomes. Contracts are prone to dramatic fluctuations as information emerges in real time, which can cause liquidity to vanish and bullish positions to switch to bearish ones in an instant.

It’s important that users avoid overcapitalizing on outcomes beyond their means and take their selections as seriously as they would in sports betting. These platforms can also reward close monitoring of the market to seize on opportunities, which may also be tricky to navigate for those prone to compulsive gambling behaviors.

Treat contracts as serious trades rather than entertaining bets, avoid chasing losses, and track profits and losses for tax purposes. It can also be wise for beginners to avoid niche markets to avoid the risk of being stuck with shares with little demand.

If you or someone you know may be struggling, confidential support is available through the National Council on Problem Gambling, which operates the 24/7 1-800-GAMBLER helpline. You can also review our responsible gambling guide for practical tools, support resources, and information on self-exclusion options.

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