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As usual, politics are in the news. This week, one of the biggest political stories for prediction markets has been the Kentucky (District 4) Republican Primary. With over $25 million in ad spending, this is now the most expensive U.S. House Primary in history. Kalshi offers markets for users to trade on who will win the Kentucky Republican House Primary:
Prediction markets are where incentives, truth and curiosity collide. While social media is where individuals go to argue about what might be and what might happen, prediction market participants put real skin in the game by buying and selling contracts tied to future events such as political elections, sporting event outcomes and who might win Best Picture at the Oscars this year. Prediction markets are where you can “bet” on the outcome for, well… just about anything.
Prediction markets also provide incredibly interesting signals to the world. When experts and gurus have to put real money alongside a prediction, something interesting happens… clickbait and hype gives way to probability and accuracy. These markets often provide a clearer signal to what is going to happen in the future than even a panel of distinguished experts.
Intrigued? Here are some key facts to know about Prediction Markets:
The demand for the Best Prediction Markets continues to rise, and users currently have access to several impressive platforms to trade on markets like politics. In addition to trading on politics, online platforms provide the ability for users to trade event contracts for financials, economics, weather, sports, pop culture, and several other popular categories.
As it stands in May 2026, some of the top prediction market platforms include options like Kalshi, Novig, Polymarket, and Robinhood. These trading platforms are all federally regulated to provide legal trading on outcomes across a variety of event types.
Prediction market platforms have become increasingly popular as they provide users with the ability to stake a monetary position on a plethora of outcomes. Several prominent trading platforms allow users to take positions on political outcomes, like the winner of the next Presidential Election, nominees for major political parties, and other popular markets.
New users can claim promo code offers when they register for an account to get started trading with bonuses right out of the gate. Prediction market platform apps can be downloaded on most mobile devices, and users can also access prediction market trading on the platform’s official websites.
Kalshi is one of the best prediction market platforms, and it’s available in 45 states throughout the country. Users on Kalshi can trade event contracts across a wide variety of categories, including politics, financials, weather, economics, sports, pop culture, technology, science, crypto, health, climate, transportation, and more. New users can claim the linked Kalshi promo code to get a $10 Sign-Up Bonus when they complete their first $10 in trades.
Novig is a fantastic sports prediction market that allows users to trade peer-to-peer on a variety of sports outcomes. The Novig peer-to-peer trading model eliminates the house edge, allowing users to trade with more lucrative betting odds. Prediction market options on Novig include Moneylines, Point Spreads, Over-Under Totals, and Parlays. First-time users can claim the linked Novig sign up bonus to score 1,000 Novig Coins and Five (5) Novig Cash + 10% Off Their First Purchase (up to $100).
Underdog has entered the prediction markets space, with users on the Underdog app now able to trade event contracts for sports outcomes. Prediction markets available on Underdog Predict include picking winners, total points, and spreads. Available in 24 states, Underdog Predictions can be accessed within the main Underdog Sports app, so there’s no need to download a separate platform. There is not currently a new user bonus for Underdog Predict, but new users can sign up with the link on this page to use Underdog predictions.
Polymarket is now available for users in the United States after previously being prohibited by federal regulators. First time users on Polymarket can sign up with the promo code FEDNEWS on this page to unlock an offer to deposit $20 and get a $20 bonus. It’s already one of the most popular worldwide prediction market platforms, and now stands to gain a potentially massive influx of new users. Polymarket offers event contracts across a broad spectrum of markets like political outcomes, election betting, pop culture events, financial indicators, public health announcements, and other popular categories. Polymarket has proven to be a popular platform for election bettors, offering Democratic Presidential Nominee odds and Republican Presidential Nominee odds.
Both the Crypto.com app and Crypto.com site offer event trading options for users in a variety of states. With Crypto.com sports event trading, users can trade on sports outcomes and pick winners of games/matches, as well as trade other markets like spreads and totals. Crypto.com has a variety of rewards, including a sign-up bonus from a referral, and rewards for completing a certain monetary amount in trades within their first 30 days on the platform.
OG is a dedicated prediction markets platform launched in February 2026, bringing top-tier event contracts trading to users in over 40 states throughout the nation. The OG prediction markets app offers trading for a variety of major categories like politics, financials, economics, entertainment, and unique sports predictions. New users on OG can claim a welcome bonus when they sign up to get started trading on a bevy of prediction markets. The app is impressive with a sleek design and smooth user experience that will likely help to make OG one of the preferred prediction market platforms in short order. First time users can claim the OG.com sign up bonus to score up to $100 in bonuses when they get started.
Robinhood offers prediction markets trading through brokerage integrations with popular platforms like Kalshi. With this, users on Robinhood can trade event contracts via a CFTC-regulated exchange operated by Kalshi. Event trading categories include a diverse selection of markets including sports, finance, economics, crypto, politics current events odds, and many more. That means users on Robinhood can trade stocks, options, crypto, and event contracts all in one place. The sign-up bonus from Robinhood allows new users to claim a sign-up bonus when they register with the referral link.
The Fanatics brand launched Fanatics Markets, an event trading platform, in December 2025. Already available in over 20 states throughout the country, the Fanatics brand name is quickly carving out a place in the prediction markets world. Event contracts listed on Fanatics Markets are provided by Crypto.com, as the platform is a CFTC-regulated exchange with markets available for politics, sports, culture, and more. New users can download the Fanatics Markets app on both iOS and Android devices at this time.
FanDuel Predicts is a new prediction markets exchange that launched in December 2025. The new platform is the result of a partnership between FanDuel and CME Group, and is available in select states where online sports betting is not available. FanDuel Predicts allows eligible users to trade event contracts on sports outcomes as well as financial markets like oil and gas prices. FanDuel Predicts markets also has markets available for crypto outcomes, as well as other popular economic indicators like the S&P 500, Nasdaq, GDP, and CDI.
There is no shortage of options for users to legally trade on events. Among the most popular prediction markets include Politics, Financials, Economics, Weather, Sports, Pop Culture, and more.
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Political outcomes are some of the most popular event contracts to trade on prediction markets. Options for politics event trading can be something like the result of an election, government spending, impeachments, nominations, Supreme Court case rulings, and more. Politics betting was available for the 2024 US Presidential Election, and will likely be in high demand for traders aiming to stake positions on the 2026 mid-term elections, as well as Presidential betting odds for 2028.
Weather prediction markets offer options for trading on outcomes across the globe. Regularly seen weather prediction markets include rain or snow in a given location, high temperatures in specific locations, natural disasters, and more. Users can trade on weather event contracts for particular days, as well as monthly markets.
Financial prediction markets and Economics are extremely popular categories when it comes to trading event outcomes. Options for trading on these markets include Nasdaq or S&P numbers, stock prices, debt defaults, inflation levels, unemployment rates, treasury yields, GDP growth, and others. The Robinhood platform’s prediction markets trading capabilities allow users to buy and sell financial event contracts in the same place they hold their stock positions.
Crypto prediction markets are certainly worth checking out, as users can buy and sell positions pertaining to the price of cryptocurrencies, the creation of crypto reserves, year-low prices, year-high prices, and more. Trading crypto contracts is a great way for traders to diversify their investments in addition to holding actual cryptocurrencies.
Economics prediction markets have become a very popular way to trade, and it offers a terrific alternative to common financial investments like stocks, bonds, and options. Available event contract markets for economic outcomes include gas prices, Federal Reserve results, CPI, inflation, unemployment levels, and other economic indicators.
Sports trading is, without question, one of the most popular ways to get in on prediction markets. With sports event contracts, users can pick the winner of a game, as well as future outcomes like championship winners and other season-long markets. Several platforms even offer live sports trading, meaning users can buy and sell event contracts on a game even after it has already started.
Claiming a new user promo code is the best way to get started with prediction market apps, as it provides first-time traders with a welcome bonus when they sign up for an account. Promo code offers from the best prediction markets arrive in several forms, including No-Deposit Bonuses, Trade and Get offers, and First Deposit Discounts.
New users may be required to complete certain tasks to activate the bonuses upon claiming the offer. For example, the Kalshi sign-up promo awards a $10 Welcome Bonus after new users execute $10 in trades. The Novig welcome offer provides a no-deposit bonus, then applies a 10% discount (up to $100) when the user makes their first purchase of Novig currency.
Make sure to register using the linked offers on this page to score a welcome bonus when you create an account to trade on prediction markets.
Understanding prediction markets is very easy, as users are trading using event contracts as the unit of commerce. Each of the listed event contracts on a given prediction market will have two sides, a ‘yes’ and ‘no’ outcome. Users can buy shares of either side on the contract, and then wait for the event to play out.
When an outcome has been finalized, users who purchased the correct side of the contract will win the full value of the contract(s). The price of each side of an event contract is based on the probability of the event playing out in that direction. Prices are then affected by the market as users trade on either side of an event.
To give an example, users can trade on political prediction markets like: Will Trump Create a National Bitcoin Reserve Before 2027? If the President ends up enacting the crypto reserve, users who purchased the ‘yes’ side of the event would win the full value of the contract. Those who purchased the incorrect side of the event would not win anything in this hypothetical scenario.
Users on prediction markets also have the ability to sell their positions before the event plays out, as the market may have shifted in their favor. Going back to our example, if news begins to surface that a Bitcoin Reserve will go into effect, the market prices for that prediction market would sway heavily in the ‘yes’ direction. In that scenario, users could choose to sell their positions early to guarantee a profit instead of waiting for the event to officially play out.
One of the easiest ways to trade on prediction markets is to use quick orders to buy and sell event contracts. Quick orders are executed instantly using the best available price for a given side of an event outcome. Depending on the quantity of a trade, it’s possible that not every contract will be purchased or sold at the exact same price. This is because if a user buys up all the available contracts at a listed price, the order will then be filled in with the next lowest price to reach the requested quantity. The same principles for an instant buy order apply to an instant sell order.
There is also the ability for users to trade on markets using set price orders. This option allows users to request the exact price at which they wish to trade contracts. Due to the fact that users are setting an exact price for trades, it’s possible that the trade will not be executed immediately, or at all. This is because it’s possible that there are not enough, or any corresponding orders available at the set price requested by the user. That being said, there is a guarantee that the trade will not be executed unless it’s at the exact price set by the user.
It’s very easy for new users to sign up with legal prediction market sites, and the linked promos on this page will supply a welcome offer for first-time traders when they register. Follow the step-by-step process detailed below to sign up with the best prediction markets for trading event contracts.
It’s important to note that there are sometimes playthrough or trading requirements attached to bonuses awarded from promo code offers. Typically, users will be required to complete a certain monetary amount in trades before they are eligible to execute a withdrawal.
Prediction markets are available nationwide, with several popular platforms available in over 40 states. As federally regulated exchanges, the best prediction markets are legal, safe, and trusted for trading event contracts in a vast majority of states throughout the country.
This is a massive advantage for trading platforms, particularly those that offer sports trading. With legal online and retail sports betting only offered in about half the states throughout the country, the coverage for prediction markets far surpasses.
Users can expect to see exchanges for trading event contracts offered in many states throughout the country as the demand for gamification continues to increase. It’s also possible that more platforms could arise as a result of the increased interest in trading event contracts.
The top prediction markets in the US are regulated by the Commodity Futures Trading Commission (CFTC), so it’s completely legal to trade event contracts across a variety of fields. The CFTC prohibits trading event contracts that are unlawful, in addition to regulating violations of trading rules. The CFTC also regulates Security Futures Products (SFPs) with the Securities and Exchange Commission (SEC).
Users can trade event contracts on some of the top prediction market platforms like Kalshi, Novig, Polymarket, and Robinhood.
Yes, new users can claim several new user offers to score welcome bonuses when they sign up to trade events on various platforms.
Prediction markets are available in over 40 states throughout the country, providing impressive coverage for users looking to trade event contracts on many different markets.
The minimum age for most prediction market platforms in the US is 18 years old.
Yes, prediction markets are regulated by the CFTC, ensuring they are totally legal and safe for trading event contracts on a variety of outcomes.
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