Kalshi
Prediction Markets

Kalshi is likely the most well-known sports prediction market in the world and offers an experience that is the closest to betting with regulated sportsbooks. It is the first CFTC-regulated prediction market exchange and is regarded as the market leader for sports prediction trading software. Kalshi is available in all 50 states as it is considered to be a designated contract market, and not a sportsbook. It is regulated by the Commodity Futures Trading Commission and is entirely transparent, offering contracts that have been checked and vetted.
You can deposit on Kalshi using all the usual methods, such as debit cards and e-wallets, and all contracts and balances are secure on the platform, so you can use it without worrying. However, all users should be aware of the fee structure, which can be frustrating. We also feel like the interface is a bit slower than its competitors, such as Polymarket.
We should also mention Robinhood here, which began offering prediction markets via a partnership with Kalshi, which started in early 2025. This gives existing Robinhood users far more options than before the partnership, and if you have an existing Robinhood account for other investment services, you can access the sports contracts side from the same interface.

