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Best Prediction Market Apps in November 2025

Carson Deveau - Covers
Written by: Carson Deveau, Betting Editor Fact checked by: Brandon DuBreuil, Head of Covers
Last Updated Nov 05, 2025, 12:03 PM ET
Fact Checked
Brandon DuBreuil has ensured that facts presented were obtained from reliable sources and are accurate.

The best prediction market apps offer you a unique way to wager in 2025, allowing you to buy, sell, and trade event contracts on sports, politics, economics, pop culture, and more. 

Covers has leveraged our 30 years of sports betting experience to outline everything you need to know about the best predictive market apps in the U.S., including the sign-up process, how to trade, and what sportsbook promos you can claim for the NFL season. 

Read more Show less
    Table of contents
    • What is a predictive market app?
    • Best prediction market apps
    • How it works
    • How to sign up
    • Are prediction market apps legal?
    • How to choose
    • Prediction market sites vs. traditional sportsbooks
    • Free vs. Paid
    • AI and data analysis
    • Prediction market recent updates
    • Prediction market apps FAQs
    • Pages related to this topic
    United States

    Best prediction market site in November 2025

    4.8
    SIGN UP BONUS
    $10 Bonus
    Terms & conditions apply
    Click to copy!
    Tap to copy!
    COVERS
    Claim $10

    What is a predictive market app?

    A prediction market app is a legal alternative to traditional sportsbooks, functioning similarly to a stock exchange and enabling you to buy, sell, and trade event 'Yes' or 'No' contracts on sports and various real-world events with other users. The biggest difference between a prediction markets app and a traditional betting site is that you, the user, set the market price, not the sportsbook. Each contract opens at even odds and moves based on the public's action.

    Predictive market apps and sites are quickly becoming one of the most popular ways to wager in 2025, to the point where they have even become a focal point of one of the latest South Park episodes. 

    Top 4 prediction market apps reviewed

    Prediction market apps are the hottest newcomers to the online U.S. betting sites industry. With dozens of operators emerging on the scene lately, we've cut through the clutter to bring you the four best prediction market sites available in November 2025: 

    1. Kalshi - Best overall prediction market app

    Kalshi Logo

    $10 Bonus

    Code: COVERS

    Claim $10

    My expert analysis

    Pound-for-pound, no other predictive market app compares to Kalshi in 2025. Kalshi was one of the first predictive market apps to launch and has quickly become one of my go-to's when trading big sporting events, such as the 2025-26 NFL season. I also love how Kalshi covers real-world events outside the sports world, typically posting markets on relevant topics like 'Most Streamed song on Taylor Swift's new album' or 'When will Donald Trump impose tariffs' faster than its competitors. 


    Where Kalshi wins and fails

    Covers hit icon Kalshi offers a wide range of prediction markets for various events, including sports, politics, pop culture, climate, tech and science, and more. 

    Covers hit icon You can score a $10 bonus by signing up with the Kalshi promo code 'COVERS', making a $1 initial investment, and trading at least $100 in event contracts.  

    Covers hit icon Kalshi's 'Predictive Insights' feature provides the entire forecasted price history for every event contract, allowing you to easily see if you are buying, selling, or trading at a lucrative time. 

    Covers miss icon We wish Kalshi offered 24/7 customer support to help assist those new to prediction market sites. 

    Kalshi screenshots

    Blue thumbs up iconTop user review

    "Kalshi is hands down one of the best apps I’ve ever used! It’s not just another trading platform — it’s an innovative, exciting, and engaging way to make decisions based on real-world events. The interface is sleek, user-friendly, and makes navigating the markets a breeze, even for beginners like me."

    - App Store reviewer


    Kalshi at a glance

    Sign-up bonus $10 bonus
    Kalshi bonus code COVERS
    Payout speed Up to 4 days
    App availability Apple icon Google Play Store icon
    Legal states 45 + DC
    Last app update Nov. 10, 2025

    Our comprehensive Kalshi Sports review provides additional information about one of the best social sportsbooks in 2025.

    Kalshi sign up bonus Kalshi sign up bonus


    2. Crypto.com - Best crypto prediction market app

    Crypto.com Logo

    $50 Bonus

    Coming soon

    My expert analysis

    As the name suggests, Crypto.com is the perfect predictive platform for all cryptocurrency enthusiasts, supporting more than 350 altcoins, including popular vendors like Bitcoin (BTC), DogeCoin (DOGE), and Ethereum (ETH). You can sign up with Crypto.com today and buy, sell, and trade contracts before and during matches for five sports — football, basketball, baseball, soccer, and hockey.  


    Where Crypto.com wins and fails

    Covers hit icon You can expect your withdrawals to be processed instantly or within an hour for most Crypto.com banking options.

    Covers hit icon Crypto.com prioritizes user safety, utilizing encryption, two-factor authentication, and cold storage of your cryptocurrency to protect your personal and financial data from hackers.

    Covers hit icon Although the Crypto.com app does not have a dedicated sports betting feature, it is perfectly optimized for mobile predictive betting.

    Covers miss icon No welcome bonus or ongoing offers are available to all users, except for a referral promotion.

    Crypto screenshots

    Blue thumbs up icon Top user review

    "I used to LOVE this app. It has a very beginner-friendly platform and has low transaction fees, BUT I have now been waiting THREE DAYS for a response on the chat, the ONLY way to reach anyone. Update: I was glad to have finally reached a 'human' only to find out that 'Sarah' was, in fact, a bot too. Update #2: A year later, I can happily say that whatever problems I encountered before have been eradicated. The app is very user-friendly and very reliable! Good job on the fixes."

    -Lacey, Google Play Store users


    Crypto.com at a glance

    Sign-up bonus $50 Bonus
    Payout speed Within one hour
    App availability Apple icon Google Play Store icon
    Legal states 45 states + DC
    Last app update Nov. 10, 2025

    Learn more by reading our in-depth Crypto.com review, including how to use our exclusive Crypto.com promo code.


    3. Robinhood - World-class trading platform

    Robinhood Logo

    Up to $200 in Reward Stock

    Coming soon
    My expert analysis

    Robinhood steals the final podium spot on our list of best prediction market apps in 2025 due to the potential we see in the platform. While only dipping its toes into predictive-based contracts during the 2024 U.S. Presidential election, Robinhood Market Inc. is a commission-free stock trading and investing operator that has provided U.S. users with a world-class platform for over a decade. We'd suggest buying into Robinhood today, as we believe it can be one of the biggest names in the industry for years to come.


    Where Robinhood wins and fails

    Covers hit icon Robinhood only applies a $0.01 fee on all of its sports trades, which is by far a better house edge than you'd receive at traditional sportsbooks. 

    Covers hit icon Now offers single-game contracts — which are similar to moneyline betting — for the ongoing 2025-26 NFL regular season.

    Covers hit icon You don't need a Robinhood promo code to unlock up to $200 in reward stock upon registering a new account. 

    Covers miss icon Robinhood must offer markets on top sporting leagues, such as the NFL, to compete with other prediction market sites. 

    Robinhood screenshots

    Blue thumbs up iconTop user review

    "It's GREAT! I have other investment apps, but Robinhood seems to be the best one, as the colors and layout (UI) are better than the competition."

    - Michael, Google Play Store reviewer


    Robinhood at a glance

    Sign-up bonus Up to $200 in reward stock
    Payout speed Within 24 hours
    App availability Apple icon Google Play Store icon
    Legal states 45 states + DC
    Last app update Nov. 10, 2025

    Browse our Robinhood review to learn more about this unique prediction platform, which includes information about the latest Robinhood promo code offer.


    4. Polymarket - World's largest prediction site

    Polymarket Logo

    Legal sports trading in all 50 states

    Coming soon
    My expert analysis

    Polymarket is set to enter the U.S. market soon, and I anticipate it will quickly become one of the top predictive market apps in 2025. Although the platform is geared towards traders and analysts, I believe that sports bettors will also enjoy Polymarket for its extensive market coverage of major events via 'Yes' or 'No' contracts. 


    Where Polymarket wins and fails

    Covers hit icon Polymarket does not charge fees on any trades in 2025. 

    Covers hit icon Offers a customizable dashboard you can create to keep track of the current markets you're monitoring. 

    Covers hit icon Provides safe and secure banking, as all transactions are processed via USDC. 

    Covers miss icon Polymarket has not launched yet and is unavailable at this time.  

    Polymarket screenshots

    Blue thumbs up iconTop user review

    "Great interface, easy to use, and updates cleanly and quickly, which is perfect for making sure you don't miss any action. I have had no issues depositing or withdrawing, with both functions occurring without any issues within two minutes. Like most information markets, make sure you read the terms and truly understand what information will be used to resolve bets, and how the resolution system works."

    - Daniel, Trustpilot user


    Polymarket at a glance

    Sign-up bonus Coming soon
    Payout speed Within 24 hours
    App availability Apple icon Google Play Store icon
    Legal states N/A
    Last app update Nov. 10, 2025

    Read our comprehensive Polymarket promo code page for everything you need to know about this exciting upcoming operator. 


    Other sports betting prediction apps

    • PredictIt: A New Zealand-based online prediction betting app that launched in November 2014. Unfortunately, PredictIt has yet to enter the sports trading world, only offering 16 predictive markets associated with U.S. politics in 2025. 
    • Sporttrade: A peer-to-peer exchange platform that allows you to buy and sell positions on over 10 sports leagues. You can also claim up to a $100 bonus without a Sporttrade promo code.
    • Railbird: Read out the Railbird promo code page to learn more about this upcoming event-contract derivatives market betting site that allows you to trade on sports via prediction markets. 
    Back to top

    How does sports event trading work?

    Prediction market app operate as trading platforms, allowing you to buy, sell, and trade contracts for available events. Here's how it works: 

    • Can only pick 'Yes' or 'No' for any event. You cannot hold contracts for both sides of an event.
    • Prediction market platforms cap the number of contracts you can have for a single event. For example, Robinhood's maximum limit is 500,000. 
    • The market price for each side of an event is determined by supply and demand from users, as the public's backing will alter how much a contract will cost. 
    • Can buy, sell, or trade contracts until the final buzzer for all events. 
    • Most prediction apps pay you $1 for every contract you own

    For example, if you own 100 contracts on 'Baltimore Ravens to win the NFL Super Bowl' that you bought for $0.12 each ($12 total), the prediction market platform will pay out $100 if you win, which is $88 in profit. It's important to invest in an event early, as your returns will be smaller the more you pay for a contract. 

    Kalshi NFL Championship markets

    Event Trading on Kalshi

    Predictive betting news

    How to sign up with prediction market apps

    Signing up with the best prediction market apps is quite similar across operators, allowing you to register a new account in minutes when you follow these steps: 

    1

    Select your prediction apps

    With new betting sites constantly emerging in the prediction platform space, you'll want to browse the available options and select only operators that align with your trading preferences. 

    2

    Register and verify your identity

    You'll have to create an account with each of the best prediction market sites you've chosen. This can be done on desktop or mobile app, if the platform has one. Simply provide some personal details — your full name, home and email address, date of birth, etc. — when prompted to complete your profile. It's worth noting that some predictive sportsbooks may require your Social Security Number (SSN) and a government-issued ID (driver's license, passport, etc.) to verify your identity. 

    3

    Claim a bonus

    If a predictive market app offers a welcome bonus — like Kalshi's $10 bonus offer you can claim with the bonus code 'COVERS' — now is the time to input the Covers-exclusive promo code and claim the offer. Failure to do so now will not only avoid the existing welcome bonus but also prohibit you from claiming any future new-user promos the operator offers. 

    4

    Deposit

    Now, you must add funds to your newly created prediction site account. Go to the cashier page, enter your banking information, and submit your first deposit. 

    5

    Start trading

    It's time for the fun part — start buying, selling, and trading event contracts! Unlike traditional online sportsbooks that offer familiar betting markets like point spread, moneyline, Over/Under (totals), and parlays, you'll find markets that allow you to wager on the predictive outcome of a particular event. These markets resemble traditional futures wagers, as you must wait for the event to conclude before knowing if your bet won or lost. 

    Most of the best prediction market sites allow you to buy, sell, or trade contracts until the selected event ends, mimicking live betting that you'd find at traditional sportsbooks.  

    7

    Withdraw

    When you're ready to receive your funds, head back to the cashier, select 'Withdraw', enter the amount, choose your preferred banking method, and hit 'Confirm' to finish the process. The best prediction market sites should issue your money within an hour, but certainly within a day of request.

    Are prediction market apps legal?

    Yes, prediction market apps and sites are legal. Single-event contracts are not traditional sports bets, so prediction market sites are not regulated like conventional sportsbooks. Instead of being authorized at the state level, federal agencies like the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) regulate prediction market sites and their contracts as they would stock-exchange platforms. 

    The best prediction market apps on this page are available in the following U.S. states as of November 2025:

    Alabama Kansas Oklahoma
    Alaska Kentucky Oregon
    Arizona Louisiana Pennsylvania
    Arkansas Maine Rhode Island
    California Massachusetts South Carolina
    Colorado Michigan South Dakota
    Connecticut Minnesota Tennessee
    DC Mississippi Texas
    Delaware Missouri Utah
    Florida Nebraska Vermont
    Georgia New Hampshire Virginia
    Hawaii New Mexico Washington
    Idaho New York West Virginia
    Indiana North Carolina Wisconsin
    Iowa North Dakota Wyoming

    Several U.S. jurisdictions — Illinois, Maryland, Montana, New Jersey, Nevada, and Ohio — have recently taken a stand against prediction platforms, sending cease-and-desist orders to various operators to outlaw this type of online sports betting.

    How to choose the right prediction market app

    Any of the three best prediction market apps listed above are great options, but we've outlined several aspects to consider when evaluating what the right predictive platform is for you: 

    🏆 Market size: Consider the prediction markets you prefer to wager on. Do you want to buy, sell, and trade contracts on the hottest sporting events, such as the Super Bowl? Or, are your interests outside of sports? If so, ensure your chosen prediction betting platform offers markets on politics, pop culture, and other real-world events. 

    💰 Bonus offers: The best prediction market apps, headlined by Kalshi, offer lucrative sportsbook promos to grow your bankroll quickly. We strongly advise reading the terms and conditions for each offer carefully before claiming to ensure you can maximize the bonus. 

    📊 Odd value: Similar to traditional sportsbook betting odds, the market value for a particular contract can vary from one online predictive site to another. Line shopping is a crucial step before investing in any predictive contract. 

    💸 Speedy payouts: How quickly can you get that green back into your hands? Getting your winnings in a timely fashion should be one of the most important reasons you select a particular platform. 

    US sports betting resources

    Sports Betting Tracker
    Find states with legal sports betting
    States With Sports Betting
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    Check out some reviews of our favorite sportsbooks
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    US Sports Betting Apps

    Prediction market sites vs. traditional sportsbooks

    We've outlined how prediction market sites and traditional sportsbooks are similar and different in 2025:

    18plus Market size

    Prediction market platforms only offer two options for every event — 'Yes' or 'No'. This far lacks in comparison to traditional online sportsbooks.

    Regular online sports betting sites also offer more sports markets than prediction-based operators, who typically only offer contracts for the major North American leagues like the NFL, NHL, and NBA.  

    21plus Odds value

    Traditional online sportsbooks set their odds using an algorithm based on historical data, current betting patterns, and pre-set house edges. Meanwhile, prediction market sites rely only on the supply and demand of a contract based on traders' interest to set their prices, which typically leads to better value and higher profits for users.

    21plus Transparency

    Anyone can browse the current market price for any event offered at the best prediction sites. You can see how much money has been wagered on an event and track how the market value has changed over time, which is information that traditional sportsbooks typically keep under wraps. This level of transparency is greatly beneficial for traders in their decision-making progress. 

    globe Regulation

    Traditional online sports betting sites require approval via state-issued sports betting licenses to offer legal services. In contrast, the best prediction market sites bypass state laws, only requiring approval from federal agencies. 

    Covers Expert Analysis
    "While prediction market sites are new and exciting, ensure you're following the typical responsible gaming practices when using these online operators. Monitor your habits to keep your spending in check. If you're struggling, please refer to the National Council on Problem Gambling for assistance. "

    Carson Deveau, Betting Editor

    Free vs. Paid prediction market sites

    Most tools and data on prediction market sites are available for free. For example, Kalshi's API service is free to join and unlocks in-depth information about specific market history and insights into your personal portfolio.

    However, many of the best prediction platforms offer paid services, giving you access to larger data pools, detailed breakdowns, and advanced insights into relevant trends. Robinhood Gold, for example, offers various benefits to enhance your trading, such as increased instant deposits, exclusive market data from third-party providers, and more, for an annual or monthly subscription cost.  

    The extra data you receive from these paid prediction market site tools can be helpful, but ultimately, it’s a case-by-case thing. Some traders find it worth it, while others don’t. We recommend doing your research to confirm precisely what data is available in paid plans before signing up. 

    The role of AI and data analysis in predictive trading

    Artificial intelligence — often referred to as AI — is becoming increasingly common within the prediction market industry. The best prediction market sites offer real-time AI-powered insights to support live predictive trading, letting you know whether to buy or trade more contracts for a particular event. Some AI-powered tools even scan social media to estimate the likelihood of an outlook based on public perception.

    Prediction market recent updates

    Oct. 28, 2025: Donald Trump's Truth Social expands into prediction markets via Crypto.com.

    Oct. 22, 2025: The NHL announces multiyear partnerships with Kalshi and Polymarket, showing their commitment to the future of prediction markets.

    Sept. 25, 2025: South Park highlights the prediction betting predicament in the U.S. with its latest episode "Conflict of Interest". 

    Sept. 2, 2025: Underdog establishes a partnership with Crypto.com to enter prediction markets.

    Aug. 15, 2025: ACMA blocks Polymarket in Australia after finding it targeted local users with TikTok ads, violating gambling laws.

    Aug. 12, 2025: Novig raises $18 million to increase sports markets, launch new features, and enhance its peer-to-peer prediction platform.

    Aug. 1, 2025: Kalshi suffers its first major setback in Maryland ruling with federal district judge Abelson denying Kalshi's motion for a preliminary injunction against the state's sports betting regulators.

    July 31, 2025: Robinhood beats Q2 estimates with a $989 million revenue surge, resulting in 45% growth, thanks to major acquisitions and record highs in Gold subscribers.

    July 17, 2025: U.S. election betting is becoming bigger, better, and year-round with a growing number of apps and websites to wager on the next president and more.

    July 10, 2025: The American Gaming Association's CEO Bill Miller is calling for prediction markets to face state-level regulation, arguing they operate like gambling without the oversight.

    July 3, 2025: Sports trading makes up 50% of Kalshi markets, as players gravitate towards niche sports like the WNBA, UFC, and hot dog eating.

    June 26, 2025: Kalshi receives $185 million at a total valuation of up to $2 billion with plans to become "the most important financial market on the planet."

    June 25, 2025: Polymarket nears a $1 billion valuation in a new $200 million funding round, enhancing its role in prediction markets amid political and economic volatility.

    June 22, 2025: PredictIt and the CFTC reach a settlement in their longstanding lawsuit that may be a sign that the new administration is ready to loosen regulations for prediction market operators.

    May 16, 2025: Prediction markets could reshape U.S. gaming if they can offer parlays, posing a future threat to sportsbooks despite limited current impact.

    May 12, 2025: Prediction markets Kalshi and Polymarket take $40 million worth of trades on the papal conclave's outcome.

    May 8, 2025: Papal upset surprises prediction betting markets.

    May 8, 2025: Robert Francis Prevost becomes first American-born Pope after Italian Pietro Parolin surges in odds to take the vacant seat, despite 1% odds and $10.6 million in predictions.

    May 7, 2025: Flutter is evaluating a U.S. prediction market launch, eyeing untapped sports betting states amid rising legal scrutiny and interest in event-based betting.

    May 2, 2025: With growing concern over single-game and future prop markets, the NBA calls for CFTC regulatory framework for prediction market betting.

    Prediction market apps FAQs

    Yes, Prediction market apps are legal in most U.S. states today. However, several states — Illinois, Maryland, Montana, New Jersey, Nevada, Ohio — and federal regulators have recently challenged multiple top prediction market sites over individual business practices and have prohibited them from offering online sports betting services.

    In our opinion, Kalshi is by far the top prediction market app for trading sports in 2025.

    Prediction betting sites' markets are set by users rather than the site itself, meaning that the supply and demand of an event contract determines its price. Meanwhile, traditional online sportsbooks use a mixture of AI-drive data and historical trends to set their odds.

    Similar to traditional sportsbooks, the amount you can earn wagering with the best prediction market sites depends on you.

    Yes, the best prediction market sites are better than traditional sportsbooks for several markets, such as presidential elections and the NFL Draft. Many states do not allow sportsbooks to offer wagers on these markets. However, it is entirely legal to sell prediction contracts for these events.

    Every best site for prediction markets has different odds varying from event to event, meaning no operator consistently offers the most accurate predictions. However, we found that Kalshi is the best overall prediction site for fair odds.

    Kalshi is the best prediction app for trading, as you can buy and sell 'yes' or 'No' contracts for specific events, including sports, with others users seamlessly.

    In our opintion, Kalshi is the most accurate prediction app available today since the odds are not set by a "house", but instead determined by the users based on relevant information that could impact the outcome.

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    Carson Deveau - Covers
    Carson Deveau
    Betting Editor

    Carson Deveau is a content editor for Covers, focusing on the commercial aspect of North America’s rapidly growing sports betting and iGaming market. Carson's passion for the industry pushes him to continue providing insightful sportsbook and iGaming reviews for bettors of all experience levels.

    Table of contents
    • What is a predictive market app?
    • Best prediction market apps
    • How it works
    • How to sign up
    • Are prediction market apps legal?
    • How to choose
    • Prediction market sites vs. traditional sportsbooks
    • Free vs. Paid
    • AI and data analysis
    • Prediction market recent updates
    • Prediction market apps FAQs
    • Pages related to this topic
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