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Reviews

Independent reviews and comparisons of prediction-market platforms.

Beginner2 min

Hawaii is one of the few US states with no legal gambling at all, so there are no licensed sportsbooks. We review what that means for sweepstakes apps, fantasy sports, offshore sites and CFTC-regulated prediction markets.

Beginner2 min

Wisconsin allows sports betting through tribal casinos under gaming compacts, but online wagering has not been offered statewide like in many states. We review each option, from tribal sportsbooks to sweepstakes apps and CFTC-regulated prediction markets.

Beginner3 min

Kalshi is a CFTC-regulated exchange with markets on almost everything and a trading fee that peaks at 1.75¢ per contract. PredictIt focuses on US politics, allows up to $3,500 per contract since 2025, and charges 10% of profits plus 5% of withdrawals.

Intermediate3 min

Both big crypto exchanges now offer event contracts in the US. Coinbase rolled out Kalshi-powered prediction markets to US customers in January 2026, while Crypto.com offers event contracts through its CFTC-registered exchange, Crypto.com | Derivatives North America.

Beginner3 min

The main prediction market apps in 2026 are Polymarket (international and the regulated Polymarket US app), Kalshi, PredictIt, broker apps such as Robinhood, Interactive Brokers, Coinbase and Crypto.com, and Manifold for play money. Which is best depends first on where you live.

Intermediate6 min

ForecastEx is Interactive Brokers' exchange for event contracts, available to eligible IBKR clients. Contracts on economic data, climate and politics pay $1 if the outcome is right. It suits existing Interactive Brokers users; the range of markets is narrower than on dedicated platforms.

Beginner6 min

Manifold Markets is a prediction market that uses play money called mana instead of cash, so you can forecast and trade on almost any question without financial risk. It's a good place to practise and test your calibration before trading on real-money platforms.

Beginner2 min

Robinhood offers prediction markets inside its app to eligible US customers, letting you buy event contracts on politics, economics, sports and crypto that pay $1 if you're right. Contracts come from regulated exchanges such as Kalshi, and the order screen shows the total cost per contract.

Beginner3 min

PredictIt is a US political prediction market, run with Victoria University of Wellington, where shares trade from 1¢ to 99¢ and pay $1. Since 2025 you can invest up to $3,500 per contract and the 5,000-trader cap is gone, but fees are high: 10% of profits and 5% of withdrawals.

Beginner3 min

Kalshi is a CFTC-regulated US exchange where you trade event contracts in dollars on politics, economics, sports, weather and more. Each winning contract pays $1. Its taker fee peaks at about 1.75¢ per contract at 50¢. It's solid for US residents, but fees and state disputes over sports matter.

Beginner3 min

The main Polymarket alternatives are Kalshi (a CFTC-regulated US exchange in dollars), PredictIt (political markets with fees on profits), Manifold Markets (play money) and event contracts from brokers such as Interactive Brokers' ForecastEx and Robinhood.

Intermediate4 min

Kalshi is a CFTC-regulated US exchange that works in dollars; Polymarket runs a global crypto-based exchange plus a separate CFTC-regulated US app. Both pay $1.00 per winning contract and use a fee formula that peaks at 50¢. Where you live usually decides which you can use.

Beginner5 min

The best prediction market for you is the one that's legal where you live, lists the events you care about and has enough liquidity to trade cheaply. Compare regulation, fees, market range, funding and how outcomes are resolved. Polymarket and Kalshi are the two largest options.

Prediction market reviews and comparisons

Honest reviews of Kalshi, Kalshi, PredictIt, Manifold Markets, Robinhood prediction markets and ForecastEx, plus head-to-heads like Kalshi vs Kalshi. We compare fees, availability, markets and the prediction market app experience so you can choose with clear eyes.