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Best Prediction Market Apps: Offers, Fees and What They Actually Cost

The best prediction market apps all lead with a welcome bonus, but the headline number rarely tells you what that bonus is worth. Right now, DraftKings Predictions has the largest fixed-amount offer at $200 in trading bonuses, while OG and Crypto.com share our top rating at 4.6 out of 5...Read More

Every offer on this page has a number attached to it: the bonus amount, what it takes to unlock, the minimum deposit and our 1-5 rating from our full reviews. Bonus size and rating don’t always line up, so we show both side by side.

Below you’ll find every offer compared, what a trade actually costs on each app, fees on one normalized basis, each app’s regulatory standing and head-to-head comparisons of the most-searched apps.

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Best Prediction Market Apps Ranked for November 2026

We ranked the best prediction market apps on welcome promos, promo flexibility, ongoing incentives, liquidity, market coverage, and banking and security. Each app’s unlock condition sits on its card, so you can see what the bonus takes before you sign up.

$100 In Predicts Bonus
  • Get $100 in Predicts Bonus When You Trade $1 for 5 Days

  • Make Predictions on Real World Events Right in Your Phone

  • Trade on Sports to Culture, Financials, Crypto and More

Trade $25, Get $25 Exclusive Bonus at Kalshi
  • Trade on Sports, Politics, and MORE

  • Largest Prediction Market in the US

  • Hundreds of Markets to Choose From

Trade $25, Get $50 in Trading Bonuses
  • Huge Range of CFTC-Approved Markets (Sports, Tech, and More)

  • Compete with Others & Climb the Leaderboards

  • No User Limiting on Trades

$25 Bonus On First Deposit
  • Deposit $10, Get a $25 Trading Bonus

  • Live Trade with the Biggest Payouts at the Largest Prediction Market in the World

Trade $40, Get $40 In Trading Bonus
  • America's #1 Sports Prediction Market

  • Same Sports Moments, Bigger Payouts

  • Choose from Straights, Player Props, Parlays & More

Get up to $1,000 of Anthropic Stock
  • Earn up to 8.1% APY on uninvested cash balances

  • Trade CFTC-regulated event contracts, stocks & options

Spend $5+, Get $200 In Trading Bonuses
  • Get $200 in Bonuses Paid Over 21 Days

  • Plus 3 Months of NBA League Pass on DraftKings

  • Browse Markets like Sports, Crypto, Tech & More

Earn up to 1 BTC In CRO Rewards
  • Hit Your Trading Target Within 30 Days to Unlock Your CRO Reward

  • Fund With Card, Bank Transfer, or Crypto

  • No Promo Code Needed to Claim Your Welcome Reward

Disclosure: Bonus.com may receive compensation from the prediction market platforms featured on this page. This helps support our work, but it does not affect how we evaluate or rank platforms. Our goal is to provide accurate, unbiased information to help you make informed decisions...Read More

For Polymarket users: 18+ Only. Restrictions and eligibility requirements apply. Not available in all jurisdictions. Trading is risky. 100% loss can occur. See polymarket.com/tos for more information. The Polymarket US App serves as an independent software provider and affiliate of Polymarket US and Polymarket Clearing, the CFTC-regulated exchange and clearing organization.

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Best Prediction Market Promos Compared

Prediction market promos are easy to compare by headline amount and hard to compare by anything that matters. The table below lists every offer we track with its promo code, what it takes to unlock, how long you have to use it and the minimum deposit, alongside our 1-5 rating for each app. Sort by bonus size, rating or minimum deposit, or search for an app.

Showing all 10 apps

Bonus Promo Code Volume Required Key Terms
FanDuel Predicts $100 in Predicts BonusNo code$100$1 trades on 5 consecutive daysExpires 24 hours after receipt$104.2/5
Kalshi Trade $25, get $25VAULTBO$25$25 tradedExclusive Bonus.com offer$103.8/5
OG Trade $25, get $25BONUSPLAY$25Sign up, deposit and trade $25No user limiting on trades$14.6/5
Polymarket Deposit $10, get a $25 trading bonusBONUSCOM$25$10 first depositFirst deposit only$34.2/5
ProphetX Trade $40, get $40 in trading bonusBONUSX$40$40 tradedPaid as trading bonus$103.6/5
Underdog Predict Play $10, get $50 in bonus fundsBONUSBETPM$50$10 playedAlternative offers vary by state$104.0/5
moomoo Deposit $100, earn up to $200 in trading couponsNo codeUp to $200$100 depositPlus up to $1,000 in $NVDA based on net deposit$54.3/5
DraftKings Predictions Spend $5+, get $200 in trading bonusesNo code$200$5+ spendPaid over 21 days$53.7/5
Crypto.com Earn up to 1 BTC in CRO rewardsNo codeUp to 1 BTC in CROComplete an in-app taskPaid in CRO rewards$14.6/5
Fanatics Markets Up to $150 in FanCashNo codeUp to $15010% back per trade ($1,500 traded for the full $150)Trades priced $0.90 or below; 7-day expiry$104.0/5

Terms change often, so confirm them on the app before you sign up.

Every offer has a catch somewhere in the terms, which is why ranking by headline amount alone tells you very little. FanDuel Predicts' bonus expires 24 hours after you receive it. Fanatics Markets pays 10% back in FanCash per trade, so collecting the full $150 takes $1,500 in trades, and only trades priced at $0.90 or below count. DraftKings Predictions pays its $200 out over 21 days rather than all at once.

The biggest headlines need the closest reading. Crypto.com advertises up to 1 BTC in CRO rewards, and Underdog Predict runs alternative offers including a 50% deposit match up to $1,000 and Rips packs worth up to $750. Check the unlock requirement and expiry before choosing an app on bonus size alone, and see How We Rate Prediction Market Apps for how our ratings work.

Prediction Markets at Work: Today's Hottest Trades

These are the three most active markets on Polymarket right now, refreshed daily with live prices.

What a Prediction Market Trade Actually Costs

Prediction market fees look small per contract, but what matters is the share of your money at risk they take. Kalshi and Polymarket US price fees with a formula based on contract price rather than a flat rate, so the fee is highest on contracts near $0.50 and shrinks toward either end. A 100-contract trade costs $1.75 in fees at $0.50, $1.12 at $0.20 and $0.63 at $0.10. Apps that charge a flat $0.02 per contract take $2.00 on that same trade at any price.

The price you pay changes the math. At $0.50, 100 contracts put $50 at risk, so a $1.75 fee is 3.5% of your stake. At $0.10 you're risking $10, and the $0.63 formula fee is 6.3%. A flat $2.00 fee on that same $10 is 20%, so if you like cheap longshots, a flat-rate app costs you more than three times as much per dollar at risk.

Contract PriceKalshiPolymarket USFlat-Rate Apps ($0.02/Contract)
$0.10$0.63$0.63$2.00
$0.25$1.31$1.30$2.00
$0.50$1.75$1.74$2.00
$0.75$1.31$1.30$2.00
$0.90$0.63$0.63$2.00
Fee as % of Amount at Risk at $0.106.3%6.3%20.0%

Prediction Market App Fees and Terms Compared

Prediction market app fees are quoted in different units on almost every platform, from a per-contract charge to a percentage of the trade to a cut of net winnings. To compare them fairly, we converted every fee to one basis: the cost of buying 100 contracts at $0.50. Each app's native fee structure is listed under the table.

AppFee ModelCost per 100 Contracts at $0.50Min TradeDeposit and Withdrawal MethodsMobile
FanDuel Predicts2% of potential payout$2.00Not publishedDeposits: debit card, online banking, PayPal, Venmo, Apple Pay, Play+, PayNearMe. Withdrawals: bank transferiOS, Android
DraftKings PredictionsFlat per contract, tiered by price$2.00$0.10Deposits: debit card, online banking, PayPal, Venmo, Apple Pay. Withdrawals: online banking, PayPaliOS, Android
Fanatics MarketsFlat per contract, tiered by price$2.00 to $2.401 contractDeposits: online banking, debit card, Apple Pay, PayPal, Venmo, wire. Withdrawals: online banking, debit card, PayPal, Venmo, wireiOS, Android
KalshiFormula$1.751 contractDeposits: online banking, debit card, Apple Pay, Google Pay, PayPal, Venmo, Cash App, crypto, wire. Withdrawals: bank transfer, wireiOS, Android
Polymarket USFormula$1.74Not publishedDeposits: bank transfer, debit card, Apple Pay, wire. Withdrawals: bank transferiOS, Android
OGFlat per contract$2.00Not publishedDeposits: online banking, debit card, Apple Pay, Google Pay, PayPal, Venmo, wire, crypto conversion. Withdrawals: online bankingiOS, Android
Crypto.comFlat per contract$2.00Not publishedDeposits: online banking, debit card, Apple Pay, Google Pay, PayPal, wire. Withdrawals: online bankingiOS, Android
ProphetX2% of net winnings$0 to trade; $1.00 if it winsNot publishedDeposits: online banking (Aeropay), crypto, wire. Withdrawals: online banking (Aeropay), wire, paper checkiOS, Android
Underdog PredictFlat per contract$2.00Not publishedDeposits: debit card, Apple Pay, Trustly. Withdrawals: debit card, PayPal, Venmo, TrustlyiOS, Android
moomooFlat per contract$1.00 ($2.00 after promo)Not publishedDeposits and withdrawals: bank transfer, wireiOS, Android

Where Each Prediction Market App Stands

A prediction market bonus is only worth something if the app holding your money is on solid ground. Before comparing offers, check who regulates each app, how it holds your funds and whether its contracts are available in your state. Sports contracts draw the most regulatory attention, so availability on the sports side can change faster than anything else on this page.

The table below covers each app's regulatory status and availability. For the wider legal picture, see Are Prediction Markets Legal in the US?

AppRegulatory StructureMinimum AgeWhere It’s AvailableSports Contracts
FanDuel PredictsCFTC-regulated through a CME Group partnership18+All 50 statesNot offered in states where FanDuel runs an online sportsbook
DraftKings PredictionsCFTC-registered futures commission merchant; trades on DraftKings’ own exchange (DKeX)18+48 states, DC and US territories (not Maine or New Hampshire)18 states, mostly those without online sports betting
Fanatics MarketsRoutes through a CFTC-registered futures commission merchant to Crypto.com’s exchange (CDNA)21+22 states plus 4 US territoriesVaries by state
KalshiCFTC designated contract market18+NationwidePaused in several states during state-level legal challenges
Polymarket USCFTC-regulated exchange and clearinghouse18+Every state except NevadaNot offered in Nevada
OGCrypto.com Derivatives North America (CDNA), a CFTC designated contract market and clearinghouse18+ (21+ in some states)48 states and DC (not Arizona or New York)Restricted in IL, MA, MD, MI, NV, NJ and OH
Crypto.comCrypto.com Derivatives North America (CDNA), a CFTC designated contract market and clearinghouse18+Most states and DCRestricted in several states with active legal disputes
ProphetXCFTC designated contract market and clearinghouse (licensed June 2026)19+ (21+ in some states)48 states and DC (not Minnesota or Nevada)Sports-only platform
Underdog PredictUnderdog-owned Aristotle Exchange, a CFTC designated contract market and clearinghouse18+ (19+ in AL and NE; 21+ in AZ, MA and VA)Most states and DCVaries by state
moomooMoomoo Financial Inc., a CFTC-registered futures commission merchant routing to Kalshi[verify]Most statesCertain contracts unavailable in select states

Prediction Market App Comparisons

Most people searching for apps like Polymarket or apps like Kalshi already use one platform and want to see how another stacks up. These head-to-head comparisons cover the matchups people search for most, with links to our full review of each app.

Polymarket vs. Kalshi

Polymarket and Kalshi are the two biggest names in prediction markets, and on fees they're nearly identical. Both use a price-based formula, so 100 contracts at $0.50 costs $1.74 on Polymarket US and $1.75 on Kalshi. The real difference is what you trade. Polymarket built its name on politics and current events and lists new contracts quickly as news breaks, while Kalshi has the deeper lineup of economic contracts on inflation, interest rates and jobs reports. Both welcome offers land at $25: Kalshi's Trade $25, Get $25 with code VAULTBO, and Polymarket's $25 trading bonus on a $10 first deposit with code BONUSCOM.

Polymarket USKalshi
Welcome OfferDeposit $10, Get a $25 Trading BonusTrade $25, Get $25
Fee on 100 Contracts at $0.50$1.74$1.75

Polymarket vs. FanDuel Predicts

Polymarket vs. FanDuel Predicts comes down to market variety against a familiar app. FanDuel Predicts is our pick for beginners: the layout will feel immediately familiar to anyone who has used FanDuel's sportsbook, and its $100 in Predicts Bonus unlocks with $1 trades on five consecutive days. The catch is the 24-hour expiry once the bonus lands. Polymarket covers far more ground in politics, culture and current events, and its price-based fee is at its cheapest on contracts priced near either end of the range.

Polymarket USFanDuel Predicts
Welcome OfferDeposit $10, Get a $25 Trading Bonus$100 Predicts Bonus
Fee on 100 Contracts at $0.50$1.74$2.00

Kalshi vs. DraftKings Predictions

For anyone looking at apps like Kalshi, DraftKings Predictions is the most popular alternative from a sportsbook brand. Kalshi is the more complete exchange, with the deepest economic and financial lineup and a published fee formula. DraftKings Predictions has the bigger welcome offer right now: $200 in trading bonuses after you spend $5+, paid out over 21 days. Kalshi's offer is smaller at Trade $25, Get $25 with code VAULTBO.

KalshiDraftKings Predictions
Welcome OfferTrade $25, get $25$150 in Predictions Dollars
Fee on 100 Contracts at $0.50$1.75$2.00

How We Rate Prediction Market Apps

Our 1-5 rating for each prediction market app comes from Bonus.com's rating framework, adjusted for the way prediction market platforms actually work. Instead of focusing on one headline feature, we score each platform across the factors that have the biggest impact on trust, value, and day-to-day usability.

1

Welcome Promo Size (1x)

We evaluate the maximum advertised value of each welcome offer, but size alone does not determine the score. Larger bonuses receive credit only if the terms make that value realistically achievable for most users.

2

Promo Speed & Flexibility (1.25x)

A strong promotion should be easy to claim and use without excessive restrictions. We look at release speed, expiration windows, minimum trade requirements, and how much flexibility users have when redeeming rewards.

3

Ongoing Trading Incentives (0.75x)

Beyond the welcome package, we assess the variety and frequency of ongoing promotions available to active users. This includes referral programs, leaderboard contests, loyalty rewards, boosts, and recurring trading incentives.

4

Liquidity (1.25x)

Liquidity determines how efficiently users can enter and exit positions at fair prices. We test both high-traffic and low-traffic markets to measure spreads, execution quality, and overall market efficiency.

5

Market Coverage (0.75x)

We grade each platform on the breadth and depth of its available markets. Higher scores go to operators that offer a diverse mix of sports, politics, entertainment, current events, and niche trading opportunities.

6

Banking & Security (1.5x)

This category examines the overall reliability of the platform’s financial and security systems. We evaluate deposit and withdrawal options, processing speeds, minimum transaction requirements, account protections, and the clarity of key terms and policies.

Best Prediction Market App by Category

The best prediction market app for you depends on what you want to trade. Each pick below shows the app's rating out of 5 from our full review.

Polymarket Logo

Best Prediction Market for Politics and Elections

Polymarket has the deepest lineup of politics and election markets, with active pricing on major news events. Rated 4.2/5.

Kalshi Logo

Best Prediction Market for Financial and Economic Markets

Kalshi leads on inflation, interest rate and jobs report markets, and publishes its fee formula so you can price a trade in advance. Rated 3.8/5.

Best CFTC-Regulated Prediction Market

OG Predictions offers a broad range of real-money event contracts under federal oversight. Rated 4.6/5.

Fanduel Predicts Logo Clear

Best Prediction Market for Beginners

FanDuel Predicts has the most familiar app and the simplest market layout for new users. Rated 4.2/5.

Best Prediction Market Mobile App

Crypto.com Prediction Markets puts event contracts in one app alongside crypto, stocks and cards. Rated 4.6/5.

ProphetX Logo Clear

Best Prediction Market for Sports

ProphetX is built around familiar sports outcomes and fast mobile trading. Rated 3.6/5.

Types of Prediction Markets

Prediction market apps list contracts across a wide range of event types, and the apps themselves come in a few distinct models. Here’s what each covers, with a link to our full guide where we have one.

🏈 Sports

Sports prediction markets cover game outcomes, futures and tournaments, traded as event contracts.

🗳️ Politics and Elections

Political prediction markets cover races, primaries and policy outcomes, priced in real time as news breaks.

💸 Financial and Economic

Economic prediction markets cover inflation, interest rate decisions and jobs numbers, settled on official data.

🔐 Crypto

Crypto prediction markets cover Bitcoin and Ethereum price targets, settled on a named exchange price or benchmark.

📆 Culture and Current Events

Pop culture prediction markets cover awards shows, entertainment news and viral moments, usually on short timelines.

☀️ Weather

Weather prediction markets cover temperature thresholds, storms and seasonal totals, settled on official meteorological data.

🤖 Science and Technology

AI prediction markets and tech contracts cover model releases, product launches and space missions.

💬 Mention Markets

Mention prediction markets cover whether a word gets said during a speech, press conference or earnings call.

↔️ CFTC-Regulated Exchanges

Dedicated exchanges like Kalshi and OG Predictions list event contracts under federal commodities oversight.

📈 Brokerage and Investing Apps

Robinhood, Moomoo, Crypto.com and Gemini add event contracts to accounts built for stocks and crypto.

🏀 Sportsbook and Fantasy Apps

FanDuel, DraftKings, Fanatics, Underdog and ProphetX bring familiar bet-slip interfaces and the biggest welcome offers.

🏋️‍♀️ Play-Money Forecasting

Metaculus, Manifold and Good Judgment Open let you practice forecasting with no cash on the line.

Responsible Trading on Prediction Market Apps

Responsible trading on prediction market apps starts with treating every contract as money you can lose in full. A contract that settles at $0 returns nothing, and no welcome bonus changes that.

Fees are where the numbers on this page matter most. Cheap longshot contracts feel low-risk because the price is small, but they're where fees take the biggest share of your stake. On an app charging a flat $0.02 per contract, the fee on 100 contracts at $0.10 is 20% of your money at risk before the event even happens, and chasing a string of longshots compounds that cost quickly.

A few habits keep trading in check:

  • Set a deposit limit in your account settings before your first trade.
  • Decide what you're willing to lose on a market before you open a position.
  • Don't make trades just to unlock or keep a bonus.
  • Step away if you find yourself trading to win back losses.

Most apps also let you take a break or self-exclude from your account. If trading stops feeling like entertainment or you're spending more than you planned, call or text 1-800-GAMBLER for free support, available 24/7.

Are Prediction Markets Gambling?

Prediction markets are not generally treated the same way as traditional gambling, but the answer depends on the platform and the type of market. On CFTC-regulated prediction market platforms, users trade event contracts that are structured as financial products. That means a user is taking a position on whether a real-world event will or will not happen, rather than playing a real money casino game or taking house-set odds.

That said, the experience can feel similar to gambling for some users. Real money prediction markets still involve risking money on uncertain outcomes, and users can lose the full amount they put into a contract. Sports prediction markets are especially debated because they can look familiar to people who already follow sportsbooks, even though the contract structure is different.

The biggest difference is how the market is built. In prediction markets, users trade against other users, more like a stock exchange. The platform hosts the market, matches trades, charges fees, and settles contracts based on the final result. It does not need the user to lose in order for the platform to make money.

For users comparing the best prediction markets, the safest approach is to treat them as real-money trading products with financial risk. They may not be classified as gambling under federal commodities regulation, but they should still be used carefully.

Prediction Markets FAQs

Prediction markets are platforms where users trade on the outcome of real-world events, usually through simple “Yes” or “No” contracts. See our What Are Prediction Markets and How Do They Work? section above for a full breakdown.

Yes, prediction markets can be legal in the US, but the rules depend on the type of platform, market category, and user location. CFTC-regulated prediction markets operate under a different framework than crypto-based platforms or sports-focused operators. See the Are Prediction Markets Legal in the US? section above for more detail.

CFTC-regulated prediction markets are generally treated as financial derivatives, not traditional gambling products. Users trade event contracts based on real-world outcomes instead of playing against a house. See the Are Prediction Markets Gambling? section above for a more detailed explanation.

CFTC-regulated platforms are generally the safest prediction market platforms for US users because they operate under federal oversight. Crypto prediction markets carry additional risks, including regulatory uncertainty, technical issues, wallet security, and counterparty risk. All real money prediction markets involve financial risk, so users should only trade with money they can afford to lose.

The best prediction market for US users depends on what you want to trade, but FanDuel Predicts is our top pick for the best overall choice. It offers a broad mix of politics, sports, finance, economics, crypto, culture, and current events markets, plus full access to the FanDuel Sportsbook or Casino if you’re in eligible states for those products.

Prediction markets settle events based on the platform’s listed rules for that specific market. Once the outcome is verified, winning contracts typically settle at $1 and losing contracts settle at $0. Users should always review the settlement source and market rules before opening a position.

Prediction market odds are easiest to understand through contract prices. If a “Yes” contract costs $0.62, the market is roughly pricing that outcome as having a 62% chance of happening. Prices can move as users take new positions and more information becomes available.

The best Polymarket alternatives for US users are FanDuel Predicts and OG.com. Both are regulated US options that offer event contracts without requiring users to trade through a crypto wallet. FanDuel is the stronger dedicated prediction market platform, while OG.com may appeal to users looking for a newer and more unique platform. See our Prediction Market App Comparisons for head-to-head breakdowns.

FanDuel Predicts is one of the best sports prediction market options for users who want a familiar, mobile-first experience. It focuses on sports, culture, financials, crypto, and current events, with sports markets playing a major role in the product. Check the comparison table above for availability, fees, and platform details before signing up.

Some prediction markets use real money, while others use crypto, play money, or research-based forecasting systems. The main platforms on this page are focused on real money prediction markets, where users can deposit funds, open positions, and receive payouts if their contracts settle correctly. Crypto prediction markets may use USDC or another digital asset instead of a standard cash balance. Always check the platform’s funding options, fees, and withdrawal rules before trading.

The best prediction market promo depends on how much you plan to trade. Headline amounts range from $25 at Kalshi, OG and Polymarket to $200 at DraftKings Predictions, but the terms behind them differ a lot. Our promos comparison lists every offer with its unlock requirement, minimum deposit and our rating for each app. See Best Prediction Market Promos Compared for every offer side by side.

About the Author
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Mike Epifani

Content Editor

Mike Epifani, Content Editor at Bonus, has been covering the online gambling world for well over a decade. He knows casino games inside and out, bets on sports weekly, and can turn any bonus offer into cold hard cash. If there’s a strategy, edge, or angle worth knowing, Mike has likely already found it (and written about it). For people who care about cutting through the noise and getting right to the best action, Mike’s coverage ensures you always get the most bang for your buck.

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