The best prediction market websites in 2025 are Kalshi, Crypto.com, and Robinhood.
These platforms let you trade event contracts on sports, politics, and real-world events, with prices set by users instead of sportsbooks.
We reviewed the top predictive market sites for bonuses, market variety, and payout speed to help you choose the right platform.
Best prediction betting sites compared 2025
Legal online prediction market sites reviewed
Finding the right prediction market website can change how you trade on sports and real-world events.
We tested the best prediction markets to see which offer the strongest bonuses, market variety, and user experience.
1. Kalshi – Best overall prediction market site
Kalshi overview
Kalshi platform experience
Kalshi is one of the most established names in predictive markets, and it’s easy to see why.
The interface feels like a modern trading app but is tailored for event contracts, making it intuitive for both new and experienced traders.
We liked how quickly markets appear for trending topics, from NBA Playoffs to political developments, and how the Predictive Insights tool shows price history before you make a move.
Trading is straightforward: choose “Yes” or “No” and decide whether to hold, sell, or buy more as events unfold.
The sports coverage has grown fast, now including the NFL, NBA, MLB, and niche events like WNBA or UFC.
Payouts are reliable, though not instant, and the $10 welcome bonus is an easy way to get started.
The community-driven pricing often means better value than traditional sportsbooks.
Overall, Kalshi delivers a mix of breadth, usability, and transparency that makes it our top choice in the best prediction markets list.
Pros and cons of trading on Kalshi
Pros
- ✅ Wide variety of markets beyond sports
- ✅ Predictive Insights tool adds real value
Cons
- ❌ No 24/7 customer support
- ❌ Payouts not instant
2. Crypto.com – Best crypto prediction platform
Crypto.com overview
Crypto.com platform experience
Crypto.com blends sports event trading with one of the largest cryptocurrency ecosystems in the world.
The app is clean, secure, and packed with tools for trading both coins and prediction markets in one place.
We liked how withdrawals hit our wallet almost instantly, a big plus compared to most competitors.
Sports markets cover major leagues and allow us to buy and sell positions throughout the game.
This makes it easy to react to momentum shifts, just like day trading.
Security is tight, with two-factor authentication and cold storage for funds.
While there’s no traditional welcome bonus beyond the referral program, the low fees and speed of transactions make up for it.
For traders who want to keep everything, from Bitcoin to basketball, in one platform, Crypto.com is one of the most versatile prediction websites available.
Pros and cons of trading on Crypto.com
Pros
- ✅ Fast, often instant withdrawals
- ✅ Huge selection of supported cryptocurrencies
Cons
- ❌ Limited promotional offers for prediction markets
- ❌ No dedicated sports betting app
3. Robinhood – World-class trading platform
Robinhood overview
Robinhood platform experience
Robinhood might be best known for stocks, but it’s making real moves in the predictive market space.
It first tested sports-related contracts during the 2024 US Presidential election period, and now it’s adding more leagues and event options.
The interface is one of the cleanest in the industry, with easy navigation between sports and traditional investments.
We found the $0.01 per contract fee far cheaper than what most betting sites charge, making it appealing for frequent traders.
Sports coverage is still limited, no full NFL menu yet, but single-game contracts for NBA and NHL Playoffs were smooth and responsive in testing.
Payouts are straightforward, though not instant, and reward stock bonuses are a unique touch in this space.
If Robinhood continues to expand, it could easily join the top tier of best prediction markets in the next year.
Pros and cons of trading on Robinhood
Pros
- ✅ Low trade fees compared to traditional sportsbooks
- ✅ Seamless interface for both sports and financial trading
Cons
- ❌ Limited sports market coverage
- ❌ Payouts not instant
How to choose the right prediction market site
Picking the best prediction market website depends on your trading style, the markets you want, and how quickly you need payouts.
We tested every site on this list of prediction markets to see how they perform in real conditions.
We rate each platform using five key criteria:
When testing, we found that Kalshi excelled in transparency and range of markets, Crypto.com led in payout speed, and Robinhood offered the lowest trade fees.
If you’re just starting out, choose a prediction website that makes it easy to place trades and view price history.
More experienced traders might prioritize lower fees or advanced data tools.
Either way, the right site should match your goals and keep you in control of your trading decisions.
Best prediction market apps
The best prediction market apps make it easy to trade on sports, politics, and real-world events from your phone.
These options combine smooth navigation, quick updates, and fast payouts.
What is a prediction market and how does it work?
A prediction market is a platform where users trade contracts based on the outcome of future events.
Each contract has two options, “Yes” or “No”, and its price changes based on supply and demand.
To trade, you buy a contract at the current price and get paid $1 if your prediction is correct when the event ends.
You can hold your position, sell early, or buy more before the market closes.
Unlike sportsbooks, a predictive market sets prices through user activity, often creating better value for traders.
Examples of prediction market trades
Prediction markets cover a wide range of events, from major sports to political elections.
Here’s a list of prediction markets you might find on top platforms:
Sports events: “Will the Kansas City Chiefs win the Super Bowl?”, “Will LeBron James score over 30 points tonight?”
Political outcomes: “Will the 2028 U.S. presidential election be decided by fewer than 3% of the vote?”
Pop culture: “Will a Marvel movie win Best Picture at the Oscars?”
Economic indicators: “Will U.S. inflation drop below 3% this year?”
Weather events: “Will it snow in Chicago on Christmas Day?”
These contracts work like futures bets but with the ability to trade in and out before the event ends.
The variety keeps the market active and gives traders many ways to find value.
Types of prediction market promotions
The best prediction market websites often run promotions to attract new traders and keep regular users engaged.
These offers can boost returns, reduce risk, or add extra value to your trades:
Welcome bonuses: Extra funds or credits for new users after signing up and making a first trade.
Referral rewards: Earn bonuses when you invite friends to join a prediction website.
Trading fee discounts: Reduced or waived fees on certain markets for a set period.
Featured market boosts: Higher payouts on trending events like championship games or elections.
Loyalty programs: Rewards for active traders, such as free trades or early access to new markets.
Promotions vary by platform, so it’s worth checking the offers page of your chosen predictive market before placing trades.
How to sign up with a prediction market site
Getting started on a prediction market website is quick and simple:
Prediction markets vs traditional sportsbooks
While prediction markets, sportsbooks, and sports betting apps both let you wager on events, the way they operate is very different.
Most prediction market websites offer basic tools for free, such as price charts, market history, and account performance tracking.
This is usually enough for casual traders.
Some platforms also have paid features, like advanced analytics, premium data feeds, or faster trade execution.
For example, Robinhood Gold offers extra market data and higher instant deposit limits.
Whether these upgrades are worth it depends on how often you trade and how much detail you need to make decisions.
Role of AI in prediction markets
Artificial intelligence is becoming a key tool in predictive market trading.
Platforms use AI to analyze years of historical data, market trends, and real-time activity to suggest fair prices for contracts.
Traders can also use AI-powered tools to spot market inefficiencies, scan social media sentiment, or identify trends before they become obvious.
This can help decide when to buy, sell, or hold a position.
By combining human judgment with AI-driven insights, users can make faster and more informed trading decisions.
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References
To test sports betting sites accurately, we dive into analytical research of the gambling industry, to understand what features are best for you.
Below are the references we use when making these decisions: