Best Prediction Market Platforms 2026: Ranked and Reviewed

The short answer

Our ranking of US prediction market platforms, last checked October 14, 2026, covers Kalshi, Polymarket US, ProphetX and OG, all CFTC-regulated exchanges with welcome offers for code RANKPREDICTS, plus other apps for comparison. Where you live matters: Kalshi's sports contracts are blocked by court order in Nevada, Michigan and Washington, and Polymarket US, ProphetX and Novig are not offered in Nevada. See the status for every state.

Kalshi · Trade $25 and Get $25!

RANKPREDICTS

Claim on Kalshi (opens in a new tab)

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.

Last checked October 27, 2026

For traders weighing Polymarket specifically, our sister site PredictionWins publishes a deep-dive Polymarket review (opens in a new tab) focused on outcome resolution and order-book mechanics, plus a Polymarket vs Kalshi head-to-head (opens in a new tab) that complements the rankings below.

Platforms with a welcome offer through us

These apps pay us a commission when you sign up through our links, and each has a welcome offer with code RANKPREDICTS. They are sorted by our score; the commission does not change the score.

1. Kalshi: The gold standard for regulated US event contracts

92/100

KalshiEX LLC has been a CFTC-designated contract market since November 2020 (CFTC release 8302-20 (opens in a new tab)), the longest record of any exchange on this list. For US traders who want event contracts on politics, economics, sports and crypto on one regulated exchange, Kalshi is the benchmark. It charges a fee when a trade is executed, worked out from the price and the number of contracts and shown in the order ticket before you confirm; cancelling is free. Minimum deposit is $10; bank transfers are free and debit-card deposits may carry a 2% fee (Kalshi help center, "Fees" and "Transfers FAQ").

Best for: Beginners, macro traders, broadest market selection
Regulation: CFTC Designated Contract Market (DCM)
Sports markets: Welcome offer valid in 47 states + D.C.; sports contracts blocked by court order in Nevada, Michigan and Washington
Fees: Price-based fee per executed trade, shown before you confirm
Min deposit: $10
Welcome offer: Trade $25, get $25 — code RANKPREDICTS

Claim $25 credit (opens in a new tab) Read full Kalshi review →

Kalshi — Trade on anything. Trade $25 and get $25 with code RANKPREDICTS.

Sponsored · 21+ · Code RANKPREDICTS · Terms apply

2. ProphetX: Sports-first peer-to-peer prediction exchange

87/100

ProphetX LLC was designated a contract market by the CFTC in June 2026 (CFTC listing (opens in a new tab)), so you trade against other participants on a federally regulated order book instead of against a house price. It is a sports-first exchange built around NFL, NBA, MLB and college markets, and on September 2, 2026 it also certified election contracts with the CFTC (Senate, House, governor and mayor races, and control of Congress) (CFTC product filings (opens in a new tab)). Fees are 2% of net winnings per market on straight trades (ProphetX help center, "Understanding Fees"). If you mostly trade sports, the peer-to-peer pricing here is the most trader-friendly on our list.

Best for: Sports-first traders, biggest exchange welcome credit
Regulation: CFTC-designated contract market (June 2026)
Sports markets: Built around sports, 49 states + D.C. (not Nevada)
Fees: 2% of net winnings per market on straight trades
Min deposit: $10
Welcome offer: Trade $50, get $75 with code RANKPREDICTS

Claim $75 bonus (opens in a new tab) Read full ProphetX review →

ProphetX: trade $50, earn $75 (new users)

Sponsored · 21+ · Code RANKPREDICTS · Terms apply

3. Polymarket US: The US exchange of the Polymarket brand

85/100

Polymarket US is the US exchange of the Polymarket brand. It runs through QCX LLC, a CFTC-designated contract market (CFTC listing (opens in a new tab)), with Polymarket Clearing as its clearing house, so US traders use a separate, CFTC-regulated order book, not the international polymarket.com markets. Politics, news, economics, crypto and sports all list. Its taker fee depends on the price and is highest near 50 cents (about $1.74 per 100 contracts); since 1 PM ET on October 19, 2026 the flat rebate on resting (maker) orders has ended for traders below $10 million in monthly maker volume (Polymarket US fee page, checked October 14, 2026).

Best for: CFTC-regulated app and welcome offer.
Regulation: CFTC designated contract market (QCX LLC)
Sports markets: Welcome offer valid in 48 states + D.C. (not Nevada); not offered in Nevada
Fees: Price-based taker fee (about $1.74 per 100 contracts at 50¢); no deposit fee listed
Min deposit: $10 for the welcome bonus
Welcome offer: Deposit $10, get a $25 trading bonus (code RANKPREDICTS)

Claim $25 bonus (opens in a new tab) Read full Polymarket US review →

Polymarket: deposit $10, get a $25 trading bonus with code RANKPREDICTS

Sponsored · 21+ · Code RANKPREDICTS · Terms apply

4. OG.com: Crypto.com's sports-first prediction market

78/100

OG.com is Crypto.com's US prediction market, run by North American Derivatives Exchange, Inc. (Crypto.com | Derivatives North America). Its help center says OG.com is available in all U.S. states, but certain contracts are not: residents of Nevada, Ohio, Michigan, Maryland, Massachusetts, New Jersey and Illinois cannot trade sports contracts on OG. OG charges a fee when you open or close a position (price-based on most markets, $0.02 per contract on crypto, FX, commodity and index markets) and none at settlement. (OG Help Center (opens in a new tab); OG Help Center, "Fees & Limits")

Best for: Crypto.com users, sports and crypto traders
Regulation: CFTC designated contract market (North American Derivatives Exchange)
Sports markets: Not offered in IL, MA, MD, MI, NJ, NV, OH; welcome offer valid in 42 states + D.C.
Fees: Fee to open or close a position; none at settlement
Min deposit: $10 by debit card, Apple Pay or Google Pay
Welcome offer: Trade $25, get $50 in rewards (new users only)

Claim OG offer (opens in a new tab) Read full OG.com review →

See the full OG promo code guide for how to claim the offer.

Sponsored · 21+ · Code RANKPREDICTS · Terms apply

5. ReBet: Social sports app with a sweepstakes model

65/100

ReBet occupies an interesting position — it is broader than a pure prediction market platform, combining sports event trading with social casino-style games under a sweepstakes model. For users who want prediction market-style sports trading alongside wider entertainment options, ReBet delivers variety that pure PM platforms do not. The regulatory model is sweepstakes, not CFTC, which means different protections and the redeemable-currency structure. Best suited for casual, entertainment-focused users rather than serious prediction market traders seeking deep liquidity and tight spreads.

Best for: Casino-crossover users, high welcome offers
Regulation: Sweepstakes (state law)
Sports markets: Welcome offer valid in 38 states + D.C. (not AZ, CA, CT, ID, LA, MD, MI, MT, NV, NJ, NY, TN)
Fees: Sweepstakes dual-currency
Min deposit: Varies
Welcome offer: 100% purchase match up to $100 (code RANKPREDICTS)

Claim $100 match (opens in a new tab) Read full ReBet review →

6. Novig: Peer-to-peer sports exchange

Not re-scored since the August 4, 2026 relaunch

Novig is a peer-to-peer sports exchange. It has been a CFTC-designated contract market (Ludlow Exchange, LLC) since June 16, 2026 (CFTC listing (opens in a new tab)); its minimum age is 21. Novig says it is available nationwide except Arizona, Michigan and Nevada (Novig eligibility (opens in a new tab)). Pre-game straight trades are free; live trades, futures and parlays carry a price-based taker fee, and resting (maker) orders pay nothing (Novig help center, "Fees on Novig"). For NFL, NBA and MLB traders it is worth having alongside a broader exchange such as Kalshi or Polymarket US.

Best for: Zero-vig peer-to-peer sports traders
Regulation: CFTC designated contract market (Ludlow Exchange, LLC)
Sports markets: 47 states + D.C. (not AZ, MI, NV), sports only
Fees: Pre-game straight trades free; taker fee on live, futures and parlays
Min deposit: $10 for the welcome offer
Welcome offer: Deposit $10, get $50 in trade credits (code RANKPREDICTS)

Start Trading (opens in a new tab) Read full Novig review →

Other apps we compare

We have no commercial deal with these apps. They are sorted by our score.

7. Robinhood: The easiest entry point

87/100

Robinhood offers event contracts inside the same brokerage app its customers already use for stocks and crypto, which makes it a low-friction entry point for existing users. We have no partner offer for Robinhood; check its own app for current state availability and fees.

Best for: Existing Robinhood users, easiest onboarding
Regulation: CFTC FCM, sources liquidity from Kalshi DCM
Sports markets: Check Robinhood's own state list
Fees: See Robinhood's fee schedule
Min deposit: See Robinhood
Welcome offer: See current offer →

Try Kalshi instead (opens in a new tab) Read full Robinhood review →

8. DraftKings Predictions: Sports-first prediction markets from DraftKings

85/100

DraftKings Predictions is the sports-first prediction market from DraftKings, aimed at its existing sports customers. We have no partner offer for it; check DraftKings' own pages for which states and contracts are available.

Best for: Existing DFS users, sportsbook-style UX
Regulation: CFTC DCM via CME Group infrastructure
Sports markets: Check DraftKings' own state list
Fees: Spread-based
Min deposit: Varies
Welcome offer: See current offer →

Try Kalshi instead (opens in a new tab) Read full DraftKings Predictions review →

9. FanDuel Predicts: FanDuel's prediction market app

83/100

FanDuel Predicts is FanDuel's prediction market product for its sports audience. We have no partner offer for it; check FanDuel's own pages for which states and contracts are available.

Best for: FanDuel ecosystem, broad national reach
Regulation: CFTC DCM via CME Group infrastructure
Sports markets: Check FanDuel's own state list
Fees: Spread-based
Min deposit: Varies
Welcome offer: See current offer →

Try Kalshi instead (opens in a new tab) Read full FanDuel Predicts review →

10. Fanatics Markets: Prediction markets from Fanatics

80/100

Fanatics Markets is the prediction market from the Fanatics sports brand, aimed at its existing sports customers. We have no partner offer for it; check Fanatics' own pages for which states and contracts are available.

Best for: Fanatics rewards crossover, sports-first traders
Regulation: CFTC DCM via Crypto.com CDNA
Sports markets: Check Fanatics' own state list
Fees: Spread-based
Min deposit: Varies
Welcome offer: See current offer →

Try Kalshi instead (opens in a new tab) Read full Fanatics Markets review →

11. Sleeper Markets: Event contracts inside the Sleeper app

75/100

Sleeper Markets brings sports event contracts into Sleeper's fantasy sports app, so fantasy players can trade without learning a new interface. We have no partner offer for it; check Sleeper's own pages for which states and contracts are available.

Best for: Fantasy crossover, low-friction entry
Regulation: CFTC DCM partnership with Kalshi
Sports markets: Check Sleeper's own state list
Fees: FCM routing fees
Min deposit: Varies
Welcome offer: New user welcome offer

Try ProphetX instead (opens in a new tab) Read full Sleeper Markets review →

12. Chalkboard: Social sportsbook-style prediction market

68/100

Chalkboard targets sports fans and casual bettors who want prediction market-style trading in a sportsbook-familiar interface without the CFTC regulatory complexity. It operates under a sweepstakes model, with different consumer protections than CFTC-regulated exchanges. Best suited for casual users who want to trade on sports and pop culture without needing the depth of a CFTC-regulated exchange.

Best for: Social sports, sweepstakes-friendly states
Regulation: Sweepstakes (state law)
Sports markets: Check Chalkboard's own state list
Fees: Sweepstakes dual-currency
Min deposit: Varies
Welcome offer: New user welcome offer

Try ProphetX instead (opens in a new tab) Read full Chalkboard review →

Partner platforms compared: funding, fees and age

Last checked October 14, 2026 against each operator's help center (Polymarket US fees re-checked October 14, 2026). Where you are matters more than which app you pick: platforms check your physical location when you trade. See prediction market fees explained and minimum deposits on every platform.

Platform	Funding (short)	Trading fee (short)	Minimum age
Kalshi	Bank transfer and wire free; debit card incl. Apple Pay / Google Pay may carry 2%; PayPal, Venmo, Cash App (deposit only), crypto	Fee when a trade is executed, shown before you confirm	18; we recommend 21+
Polymarket US	Debit card, bank transfer, Apple Pay, PayPal, Venmo, USDC where available, wire ($5,000 minimum); no deposit fee listed	Price-based taker fee, about $1.74 per 100 contracts at 50¢; maker rebate tiers since October 19, 2026	18; we recommend 21+
ProphetX	Debit card, Apple Pay, Google Pay, cash at a retail store (up to $500), online banking, EDGE Boost, crypto, wire; $10 minimum	2% of net winnings per market on straight trades	18 or the local age of majority if higher; we recommend 21+
OG (by Crypto.com)	No OG fee for bank, ACH, wire, PayPal, Venmo, debit card / Apple Pay / Google Pay ($10 minimum) or crypto	Fee to open or close a position; none at settlement	18; we recommend 21+
Novig	Bank transfers and stablecoins free; credit card, debit card and Apple Pay 3%	Pre-game straight trades free; taker fee on live, futures and parlays	21
Rebet (sweepstakes, not an exchange)	Rebet Coin purchases; Rebet Cash redeemed for prizes after verification	Not an exchange; no trading fees	18; we recommend 21+

Withdrawals in short: Kalshi withdrawals to bank, debit card, PayPal, Venmo or crypto are free, with a personal daily limit and a short hold on recent deposits. Polymarket US withdrawals are free and go back to the method you deposited with once the deposit has cleared (usually 3 to 4 business days). ProphetX processes most withdrawals within 24 hours, some up to 5 business days. OG's ACH withdrawals are free and instant RTP withdrawals cost 1.5%. Novig withdraws to bank, debit card or Venmo, $10 minimum.

Sources (cited as text): Kalshi Help Center, "Fees" and "Transfers FAQ"; Polymarket US docs, "Fees" and "Deposit methods"; ProphetX Help Center, "Available Payment Methods" and "Understanding Fees"; OG Help Center, "Wallet" and "Fees & Limits"; Novig Help Center, "Fees on Novig" and "Withdrawing funds"; Rebet FAQ and Sweepstakes Rules. Catie has funded and traded on all of these platforms herself.

Regulation 101

CFTC Regulated vs Sweepstakes: What's the Difference?

CFTC-regulated platforms (DCM/FCM) are federally licensed derivatives exchanges. Sweepstakes platforms operate under state sweepstakes law using virtual currencies, which carry different consumer protections. For more, see our how prediction markets work guide.

How We Rank Platforms

Independent, transparent scoring

Every platform is scored across five weighted categories: regulation (25), market coverage (20), fees and spreads (20), user experience (20), and promotions (15). Affiliate relationships do not influence editorial scores. Read our full review methodology and fee comparison.

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Prediction markets by state

Prediction markets by sport & topic

Frequently asked questions

Which prediction market app is best in the US?

In our October 20, 2026 scores, Kalshi is highest (92/100), followed by ProphetX (87) and Polymarket US (85). Of the apps we don't partner with, Robinhood scores highest (87). Which one suits you depends on what you trade and where you live: ProphetX is built around sports, while Kalshi and Polymarket US also list politics, economics and culture.

Can I use these apps in every state?

No. Kalshi's sports contracts are blocked by court order in Nevada, Michigan and Washington, and Polymarket US, ProphetX and Novig are not offered in Nevada. In most other states the status is Available, dispute pending, because courts are still deciding how state gambling law applies to sports contracts.

Do commissions affect the ranking?

We earn a commission when you sign up through our links to the apps in the first group. The commission does not change their scores, and each group is sorted by score.

What is the minimum age?

Kalshi's, Polymarket US's and OG's minimum age is 18; ProphetX's is 18 or the local age of majority, if higher; Novig's is 21. We recommend 21+.

Offer terms

Restrictions & requirements apply. Not available in all states. 21+. Event contract trading involves risk & is not appropriate for all. Consider if it's appropriate for you in light of financial circumstances. See novig.com/terms for information.

Paid partnership with OG. Terms and conditions apply. Trading derivatives involves risk and may not be appropriate for all. Availability subject to jurisdictional limitations. For more information, visit: OG.com.

18+ Only. Restrictions and eligibility requirements apply. Not available in all jurisdictions. Trading is risky. 100% loss can occur. See polymarket.com/tos for more information. The Polymarket US App serves as an independent software provider and affiliate of Polymarket US and Polymarket Clearing, the CFTC-regulated exchange and clearing organization.

New users only. T&Cs apply. ProphetX's minimum age is 18 (or the local age of majority if higher); we recommend 21+. Not available in Nevada. Trading involves risk.

Rebet is a social sweepstakes platform. No purchase necessary. Eligibility and age requirements apply; not available in all states. Void where prohibited. See Rebet's Sweepstakes Rules for details.