Best Prediction Markets 2026
Event-outcome prediction platforms including regulated exchanges and crypto markets. We currently rank 14 prediction markets nationally, but state availability still varies by operator and jurisdiction.
See what's available in your state
National rankings are useful for product quality. Your state view is what tells you whether you can actually use the platform right now.
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Top Prediction Markets
These are our national rankings for this market. Use the state selector above to switch from national scoring to state-available options.
1
Kalshi
92/100
None (exchange model)
Licensed
Prediction
2 US states
Review: Verified
Bonus: None found
Fact-checked 2026-04-19
Why #1: Kalshi leads prediction markets because Market Breadth is a standout strength and Resolution Transparency is stronger than most peers.
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Rating: 4.8
2
FanDuel Predicts
84/100
None
Licensed
Prediction
1 US state
Review: Verified
Bonus: None found
Fact-checked 2026-04-08
Why #2: FanDuel Predicts earns the #2 spot for prediction markets because Market Breadth is stronger than most peers and Resolution Transparency is stronger than most peers.
Visit Site
Rating: 4.6
3
DraftKings Predictions
83/100
None
Licensed
Prediction
State availability varies
Review: Verified
Bonus: None found
Fact-checked 2026-04-08
Why #3: DraftKings Predictions earns the #3 spot for prediction markets because Market Breadth is stronger than most peers and Liquidity & Spreads is solid for this market.
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Rating: 4.5
4
Polymarket
85/100
None (exchange model)
Licensed
Prediction
State availability varies
Review: Verified
Bonus: None found
Fact-checked 2026-04-08
Visit Site
Rating: 4.6
5
F
ForecastEx
74/100
Licensed
Prediction
64 regions
Review: Verified
Bonus: None found
Fact-checked 2026-04-17
Visit Site
Rating: 4.0
6
PredictIt
86/100
None
Licensed
Prediction
51 US states
Review: Verified
Bonus: None found
Fact-checked 2026-04-08
Visit Site
Rating: 4.5
7
R
Robinhood Prediction Markets
81/100
Integrated with Robinhood brokerage
Licensed
Prediction
State availability varies
Review: Verified
Bonus: None found
Fact-checked 2026-04-08
Visit Site
Rating: 4.5
8
C
Crypto.com Predictions
72/100
None
Licensed
Prediction
State availability varies
Review: Verified
Bonus: None found
Fact-checked 2026-04-08
Visit Site
Rating: 4.2
9
Drift
61/100
None
Licensed
Prediction
State availability varies
Review: Verified
Bonus: None found
Fact-checked 2026-04-08
Visit Site
Rating: 3.9
10
Truth Predict
63/100
None
Licensed
Prediction
Most states
Review: Verified
Bonus: None found
Fact-checked 2026-04-08
Visit Site
Rating: 3.8
11
W
Wealthsimple Predict
Licensed
Prediction
13 provinces/territories
Review: Verified
Bonus: None found
Fact-checked 2026-04-17
12
Fanatics Prediction Markets
78/100
Varies
Licensed
Prediction
State availability varies
Review: Verified
Bonus: None found
Fact-checked 2026-04-08
Visit Site
Rating: 4.3
13
Myriad Markets
67/100
None
Licensed
Prediction
State availability varies
Review: Verified
Bonus: None found
Fact-checked 2026-04-08
Visit Site
Rating: 4.0
14
Predict.fun
68/100
None
Licensed
Prediction
State availability varies
Review: Verified
Bonus: None found
Fact-checked 2026-04-08
Visit Site
Rating: 4.1
How Prediction Markets Work
Prediction markets allow participants to buy and sell contracts tied to the outcome of future events — political elections, economic data releases, sports results, and more. Contract prices fluctuate between $0 and $1 based on collective participant assessments of outcome probability, functioning similarly to a futures exchange. If you buy a "Yes" contract at $0.40 and the event occurs, you receive $1.00, netting $0.60 per contract. If the event does not occur, the contract expires worthless. Prices aggregate distributed information efficiently.
Prediction Markets vs. Sports Betting
Sports betting involves wagering against a bookmaker's set line with built-in margin (the "vig"). Prediction markets use a peer-to-peer or exchange model where you trade against other participants, with the platform collecting a small transaction fee rather than setting odds. This means prediction market prices are market-driven rather than operator-determined. Event scope also differs: licensed sportsbooks focus on sports; prediction markets cover a far broader range of outcomes including macroeconomic indicators, award shows, and geopolitical events.
What to Look For in a Prediction Market
Evaluate platforms on market depth (how many contracts are actively traded, reflected in tight bid-ask spreads), event variety, and fee structure. A 2% transaction fee is meaningfully different from a 5% fee when you are trading frequently. Withdrawal processing times and supported methods vary significantly. Consider the interface: prediction markets require understanding of contract mechanics that differ from standard bet slips. Quality platforms provide clear resolution rules for each market — ambiguous resolution criteria indicate lower platform maturity.
Regulatory Landscape for Prediction Markets
As of 2026, prediction markets in the US occupy a distinct regulatory space. Kalshi operates as a CFTC-regulated designated contract market (DCM), which gives it a different legal foundation than state-licensed sportsbooks. Platforms with CFTC oversight are subject to federal commodities law rather than state gaming law, meaning availability is not determined by the US's gaming regulations. This federal pathway is relatively new — the category is evolving rapidly, and the range of legal markets available through CFTC-regulated platforms expanded meaningfully in recent years.
Frequently Asked Questions
What is a prediction market?
A prediction market is an exchange where you buy and sell contracts based on the outcome of future events. Contracts pay out if the event occurs and expire worthless if it does not. Prices fluctuate between $0 and $1, reflecting the crowd's consensus probability of the outcome.
Are prediction markets legal in your state?
Regulated event-contract venues operate under the CFTC framework, but access and market availability can still vary by platform and jurisdiction. Crypto-based prediction platforms operate under different frameworks. Our list only shows platforms we currently verify as accessible in your state.
How is a prediction market different from sports betting?
Prediction markets use an exchange model where users trade contracts with each other. There is no house edge in the traditional sense -- the platform earns fees on trades. You can also sell your position before the event resolves, similar to a stock trade. Sports betting involves fixed odds set by a bookmaker.
Can I lose more than I invest in a prediction market?
On standard binary contract platforms, your maximum loss is the amount you paid for the contract. You cannot lose more than your initial investment. There are no margin calls or leveraged positions on most consumer prediction platforms.
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