Prediction Markets Best editorial desk
Prediction Markets Best editorial
The editorial desk behind the prediction market guides, platform reviews and research on Prediction Markets Best. Materials without an individual byline are credited to the desk.
122 published materials
Contact the editorial team ↗Published work
Latest first- academy↗
Where is Novig legal? The states Novig is available in
Novig is open nationwide except Arizona, Nevada, Michigan and Ohio, to anyone 21 or older who is physically in an eligible state when they trade. It is a CFTC-designated exchange, not a sportsbook — which is why it works in states like Texas and California where sports betting is not legal.
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Can you bet on war? What prediction markets may list on world events
Not on a US-regulated exchange: federal rules bar contracts on war, terrorism and assassination, so Kalshi and PredictIt list diplomacy and foreign elections instead. The international Polymarket, which the CFTC does not regulate, lists hundreds of war markets — and the rules may be about to change.
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Can you parlay on Kalshi? How Kalshi combos work
Yes, in effect. Kalshi calls them combos: one position on two or more events that pays out only if every leg does. They look like a sportsbook parlay, but the price comes from market makers quoting on request, and there are differences in how a leg can settle.
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How old do you have to be to use Kalshi?
Eighteen. Kalshi checks it against a government photo ID when you sign up, sometimes with a live selfie as well, and it bars minors from trading. Here is what the check involves and what Kalshi does about under-18s using a parent’s identity.
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How to withdraw money from Kalshi
Open Transfers, choose “Withdraw from Kalshi”, pick a method and confirm. Debit cards are usually fastest, bank transfers take a few business days, and only settled cash can leave — not money in open positions or still under a deposit hold.
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Is Kalshi publicly traded? Kalshi stock explained
No. Kalshi is a private company with no ticker and no public share price; its SEC filings are notices of private share sales. Here is who owns it, what it has raised, and why some funds’ “Kalshi” holdings are not a stock price.
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Kalshi fees: what you pay to trade, deposit and withdraw
Kalshi charges a trading fee that peaks at 1.75¢ a contract on a 50¢ contract and shrinks toward the extremes, a smaller maker fee on some markets, and nothing to settle, withdraw or hold an account. The formula, Kalshi’s own table, and the exceptions.
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Kalshi phone verification not working? What to check
Kalshi sends a four-digit code by text when you sign up and every 30 days when you log in. When it does not arrive, the cause is usually the wait, a blocked short code or the number itself — here is what Kalshi’s help centre tells you to try, in order.
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Polymarket not opening or not working? The usual causes
Most of the time Polymarket is not down: it is blocking your location, you are on the wrong Polymarket for where you are, or a VPN or browser setting is breaking it. How to tell which, and what Polymarket itself tells you to do.
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The Polymarket API: market data, trading and Polymarket US
Polymarket’s market data is free to read with no API key; trading through its API needs credentials derived from your wallet and is blocked from restricted countries, including the US. US traders use a separate Polymarket US API. What each part does and how to start.
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The Polymarket leaderboard: what it shows and how to read it
Polymarket ranks its traders by profit or volume over a day, a week, a month or all time. The figures are public, the same data is available free through its API, and the ranking has limits worth knowing before you copy anyone on it.
- Platform review↗
Dexsport review
Dexsport combines a prediction market with a crypto sportsbook and casino. Its prediction markets trade YES/NO shares priced as probabilities on politics, economics, crypto and sport, but it does not say who takes the other side or what a trade costs. Its sportsbook is a bookmaker: you bet against a liquidity pool at odds it sets, with a margin of about 7% in the football odds we sampled. It holds a valid Anjouan gaming licence, advertises no identity checks, takes crypto only and excludes the US. Scored provisionally from its documents on six of nine criteria — we have not traded or bet on it.
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Polymarket stock: can you buy shares in Polymarket?
No. Polymarket is a private company: it has no ticker and its shares trade on no exchange. Here is who owns it, what its filings show, and what the “shares” and the token on Polymarket actually are.
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Is Polymarket legal in the US? Polymarket vs Polymarket US
Two exchanges carry the Polymarket name. Polymarket US is a CFTC-designated exchange open to US residents; polymarket.com, the international one, blocks them. Here is what each is, and where states have pushed back.
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Insider trading on prediction markets: what the CFTC prosecutes
Trading an event contract on confidential information you were trusted with is illegal in the US, and since 2026 the CFTC has charged it — a soldier, a Google engineer and a White House teleprompter operator among them.
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Prediction market arbitrage: how it works and why most of it isn’t
Arbitrage means buying both sides of the same event for less than the $1 it pays out. It exists between prediction markets — but fees, mismatched rules and locked-up capital erase most of the gaps you will see.
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Prediction markets vs sports betting: the real differences
A sportsbook sets the price and takes the other side of your bet; a prediction market matches you with another trader and charges a fee. How pricing, regulation, age limits, taxes and bonuses differ — with one game priced both ways.
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How does Polymarket make money? Fees, rebates and investors
Polymarket earns from taker fees on most of its markets, keeps what is left after paying part of them back to market makers and active traders, and charges separately on Polymarket US and on perpetuals. It does not bet against its users — and it does not publish its revenue.
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What are event contracts? How they work, who regulates them
An event contract is a yes-or-no derivative that pays a fixed amount — usually $1 — if a stated event happens. It is what Kalshi, Polymarket US and ForecastTrader actually sell, and in the US it is regulated by the CFTC, not by state gaming boards.
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What is the CFTC? What the letters stand for and why it matters
CFTC stands for Commodity Futures Trading Commission — the independent US agency that regulates futures, options, swaps and the event contracts traded on prediction-market exchanges such as Kalshi and Polymarket US.