Ranked by regulation, market coverage, fees, UX, and promotions — see our review methodology. We earn commissions from some of these platforms; all reviews show which ones, and include platforms we have no deal with.
18+ Only. New traders only. Restrictions and eligibility requirements apply. ProphetX is a CFTC-regulated Designated Contract Market and Derivatives Clearing Organization. Trading involves risk and 100% loss can occur. Limited time offer. Terms and conditions apply.
Editor's pick · Trade $25, get $25
Trade $25 and get $25 on Kalshi
Trade $25 in event contracts and get $25 in credit. Use code RANKPREDICTS at signup.
Certain limitations apply. The offer is available to new users only, subject to the terms and conditions at kalshi.com/tc/500. 18+ only. Restrictions and eligibility requirements apply. Event contract trading involves significant risk and is not appropriate for everyone. Please carefully consider if it is appropriate for you in light of your personal financial circumstances. Kalshi products are not available in all jurisdictions. See kalshi.com/regulatory for more information.
Promo codes (RANKPREDICTS)
One code for every partner. Step-by-step guides, terms and where each offer works.
What is the best prediction market platform in the US in 2026?
Kalshi is currently the top-ranked US prediction market platform on PredictionRanks, scoring 4.9/5. It is a CFTC-regulated Designated Contract Market with the deepest catalog of macro, political, sports and culture contracts, low fees, and a $10 minimum deposit. Polymarket (via QCX), Robinhood Predictions, DraftKings Predictions and FanDuel Predicts round out the top tier.
Are prediction markets legal in the United States?
Available to eligible residents (as of October 3, 2026); check current state rules. CFTC-regulated platforms operate as federal Designated Contract Markets, each available in most states (Kalshi: 47 states plus D.C.; Polymarket US: 49 states plus D.C.). Five states (Wisconsin, New Jersey, Maryland, Massachusetts, Nevada) have challenged sports event contracts, and the CFTC has counter-sued. The federal preemption question is expected to reach the Supreme Court in 2027–2028.
What is the difference between prediction markets and sports betting?
Prediction market contracts are CFTC-regulated derivatives that resolve to $1 (YES) or $0 (NO). Prices equal the market's probability estimate, with no bookmaker margin. Sports betting is regulated state-by-state and uses bookmaker odds with a built-in vig.
What can you trade on prediction markets?
Sports outcomes, US and international politics, Fed rate decisions, CPI and macro data, crypto price levels, weather, climate events, and entertainment. Kalshi has the broadest catalog; Polymarket leads on politics; Robinhood focuses on macro and headlines.
How do I start trading prediction markets?
Pick a CFTC-regulated platform, complete KYC, deposit (Kalshi accepts deposits from $10), then buy YES or NO contracts at the current price. Hold to resolution or sell to exit early.
One status word per platform for every state and D.C., the three states where a court order blocks Kalshi sports contracts, the rows we are watching and the court dates that could change the map.
Puerto Rico is a US territory with legal sports betting since 2019. CFTC-regulated prediction markets are accessible to PR residents 18+ alongside the territory's licensed sportsbooks.
Status as of October 3, 2026: Kalshi sports contracts blocked by court order; Polymarket US, ProphetX, OG and Novig not offered. What the courts and the state have done, with dated sources.
Status as of October 3, 2026: Kalshi, Polymarket US and ProphetX available — dispute pending; OG and Novig not offered. What the courts and the state have done, with dated sources.
Status as of October 3, 2026: Kalshi, Polymarket US, ProphetX and Novig available — dispute pending; OG not offered. What the courts and the state have done, with dated sources.
Status as of October 3, 2026: Kalshi, Polymarket US, ProphetX and Novig available — dispute pending; OG not offered. What the courts and the state have done, with dated sources.
Status as of October 3, 2026: Kalshi, Polymarket US, ProphetX and Novig available — dispute pending; OG not offered. What the courts and the state have done, with dated sources.
Catie Di Stefano
Kalshi · Trade $25 and Get $25! · code RANKPREDICTSClaim18+ · T&Cs apply · Terms
Certain limitations apply. The offer is available to new users only, subject to the terms and conditions at kalshi.com/tc/500. 18+ only. Restrictions and eligibility requirements apply. Event contract trading involves significant risk and is not appropriate for everyone. Please carefully consider if it is appropriate for you in light of your personal financial circumstances. Kalshi products are not available in all jurisdictions. See kalshi.com/regulatory for more information.