PA Prediction Markets: List of Apps and Latest Updates for 2026

Best prediction market apps in Pennsylvania

Prediction markets are legal in Pennsylvania. Below we break down which apps are worth your time, how to trade on upcoming elections, and the latest developments as it relates to the Keystone State.

What are prediction markets?

Prediction markets let you trade on the outcomes of events based on the implied probability of a certain set of circumstances playing out. That probability rests on public information about the situation and relevant historical data.

The event contracts are simple in form and function, graded based on a yes/no question of whether a situation will occur. For example, you might back a position of “yes” on whether Saquon Barkley will rush for at least 100 yards in a particular game.

Instead of wagering against the house, you “compete” with other traders. Prediction markets only facilitate the event contracts.

This format allows for greater flexibility in terms of cost and movement. Contract prices sit between 1¢ and 99¢, so they double as implied probabilities. If “yes” on Barkley rushing for 100 yards is trading at 60¢, the market is pricing his chances at 60%. Buy the contract for 60¢ and you collect $1 per contract if he hits the mark. You can also sell your position at any point before the game ends, so if Barkley breaks a long run early, you can lock in a profit without waiting for the final whistle.

Are prediction markets legal in Pennsylvania?

Prediction markets are regulated by the CFTC under the permission of the US Commodity Exchange Act. All of the exchanges mentioned in this guide have registered with the CFTC and are subject to its oversight.

Pennsylvania has mostly taken a laissez-faire approach to prediction markets so far, although that could change quickly. While no state agency has formally taken action against any exchanges, there have been significant rumblings of discontent with the status quo.

On October 3, 2025, Pennsylvania Gaming Control Board (PGCB) Executive Director Kevin O’Toole sent a letter to members of Congress representing Pennsylvania regarding prediction markets operating in the state. In that correspondence, O’Toole called event contracts “a backdoor to legalized sports betting, operating parallel to, but outside of, the state-regulated system” and urged the delegation to pressure the CFTC on the issue. No specific operator was named in the letter.

On December 16, 2025, representatives of the PGCB and the Pennsylvania Council on Compulsive Gambling took part in an informational hearing before the Pennsylvania House Gaming Oversight Committee on prediction markets. During their testimony, they raised concerns about the gap between minimum ages for exchanges and sportsbooks plus pointed out that the commonwealth has existing language on the books to regulate and tax prediction markets should federal statutes allow. PGCB Chief Counsel Steven Cook testified that “every dollar wagered on a federally regulated event contract… yields zero tax revenue” to the commonwealth.

Pennsylvania Rep. Tarik Khan filed a bill on April 29 that would bar insider trading. This would include athletes, politicians, and others with non-public knowledge — from betting on prediction markets, while also banning minors, high school sports markets, and contracts tied to death or mass casualties. The bipartisan measure was prompted by the indictment of a Special Forces sergeant who allegedly made $400,000 on Polymarket betting on the Maduro raid before it went public

While the PGCB has been among the more vocal gaming regulatory bodies in the US on prediction markets, the action has amounted to public pressure rather than enforcement to this point. At the same time, there is action in federal courts that has implications for Pennsylvania prediction markets.

• A March 2025 ruling from a New Jersey district court threatened to prevent Kalshi from offering sports contracts in the state. Kalshi appealed, and on April 6, 2026, the U.S. Court of Appeals for the Third Circuit — whose jurisdiction includes Pennsylvania — ruled 2-1 in Kalshi’s favor, becoming the first federal appellate court to hold that the Commodity Exchange Act gives the CFTC exclusive jurisdiction over event contracts and preempts conflicting state gambling laws. Because PA sits in the Third Circuit, this precedent applies directly to any future PGCB enforcement action.
• An August 2025 hearing resulted in an unfavorable ruling in a Maryland district court. That decision is on appeal to the Fourth Circuit.
• In March 2026, the Ninth Circuit Court of Appeals rejected Kalshi’s request for a stay preventing Nevada from banning sports prediction contracts for people in the state.

Any of these cases could result in further appeals to the US Supreme Court. That becomes more likely if the Third Circuit’s Pennsylvania-reaching ruling for Kalshi conflicts with a coming Ninth Circuit ruling against Kalshi, creating a circuit split.

The CFTC has affirmly stated its belief in its exclusive regulatory rights over event contract platforms, including filing an amicus brief in the case before the Ninth Circuit to support Kalshi. However, either Congress, the courts, or a combination of the two will have the final say. For the latest developments, stay up to date with news from our team.

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September 19, 2026

Legal News & Updates

Kalshi Teams With Louisiana Tribe on First Tribal Prediction Market App

Days after a federal appeals court found Kalshi’s sports contracts likely violate tribal gaming rules on two California rancherias, the company has unveiled a Tribal-owned prediction-market app with the Tunica-Biloxi Tribe of Louisiana, a tribe operating in a state where sports betting and gambling are legal.

September 18, 2026

Legal News & Updates

Kalshi ‘Settles’ Lawsuit Against Montana Attorney General With Allowance for Ninth Circuit Opinion

Kalshi and Montana officials have reached agreement on a motion to dismiss the company’s lawsuit in exchange for non-action promises from gambling regulators.

September 18, 2026

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Top prediction market apps in Pennsylvania

Below we cover every prediction market available in Pennsylvania. Not all of them offer the same markets, so we’ve ranked them based on market availability, liquidity, and ease of trading.

More prediction apps in PA

DraftKings Predictions

Pennsylvania availability: ✓ Yes, financial markets only

DraftKings Predictions offers the largest welcome bonus of any prediction market: Spend $5+, Get $200 in Bonuses (Paid Over 21 Days) on your first trade, no promo code required.

In Pennsylvania, DraftKings Predictions is limited to financial markets. That covers stock indexes like the S&P 500 and Nasdaq, commodities like oil and gold, currencies, and crypto prices. Sports, politics, and culture markets are not available in PA. If you’re looking for sports predictions, Kalshi and Polymarket are better options than DraftKings.

Fees are a flat $0.01 per contract. If you already use DraftKings Sportsbook, the interface and account flow will feel familiar. The two products don’t share a wallet, though.

Coinbase Predict and Robinhood

Pennsylvania availability: ✓ Yes, both route through Kalshi

Coinbase Predict and Robinhood offer event contracts inside the apps you already use for crypto or stock trading. Neither operates its own exchange. Instead, both route every trade into Kalshi’s order book as introducing brokers, so you’re getting the same markets you’d find on Kalshi with a different front-end.

If you already have a Coinbase or Robinhood account, this is the lowest-friction way to access prediction markets. There’s no new sign-up, no new KYC, and no moving money around. Coinbase lets you fund trades with USD or USDC from your existing balance. Robinhood drives a large share of Kalshi’s overall volume, a sign of how often its users are clicking through.

The trade-offs are the same on both platforms. Each adds its own broker fee on top of Kalshi’s, and you can’t earn the maker rebates Kalshi offers to users who place resting orders. You also won’t get Kalshi’s social features, such as trader leaderboards and the live activity feed.

Bottom line: if you already use Coinbase or Robinhood and want easy access to prediction markets, these are convenient options. If you’re going to trade regularly, a direct Kalshi account is cheaper and gives you more features.

How to start trading in Pennsylvania

Exploring offerings at Pennsylvania prediction markets is possible in four simple steps, all of which normally transpire quickly.

• Pick an app — Kalshi is a popular starting point if you’re new to prediction markets, thanks to its wide array of contracts and low costs. Another common option is Robinhood if you already use that platform for traditional stock trading.
• Verify your identity — All exchanges regulated by the CFTC conduct age and identity verification as part of the account registration process. Be prepared to provide identifying information like your date of birth, email address, legal name, mailing address, Social Security Number, and telephone number. Verification can happen in a few seconds, but in some cases it may take up to two days, and you may need to provide supporting documentation like government-issued identification.
• Fund your account — Choose a funding method based on how you weigh cost, security, and speed. ACH transfers are usually free but can take days to process. Debit cards are often the fastest but may include fees. Polymarket US accepts U.S. dollar deposits directly, though Polymarket Global (available outside the U.S.) runs on stablecoins.
• Start with what you know — When you’re getting comfortable with prediction markets, start with contracts on a topic you’re familiar with. For example, if you’re an avid Philadelphia 76ers fan, you might want to browse markets related to that team’s games. Positions are available for as little as a single cent, so there’s no need to bust the bank while you’re still getting accustomed to the format.

PA prediction market bonuses and promo codes

Looking at the table below, FanDuel Predicts offers new customers $100 in Predicts Bonus after five days of trading at least $1. The bonus cannot be withdrawn, but any winnings earned with it can be. OG has similar to others like, “Trade $10, Get $10 “. The bonus only applies to trades on markets priced at $0.80 or below, which pushes you into riskier positions to claim it. Compared to sportsbook welcome offers, prediction markets tend to have smaller headline values but lack the expiration terms and playthrough requirements sportsbook deals include.

Prediction markets vs. PA sports betting

Prediction markets are a different experience if you want to trade contracts related to events you follow. You can use them in addition to or instead of traditional online sportsbooks in Pennsylvania.

Pennsylvania’s gaming regulators have been active on the issue of prediction markets based on sporting events because PA has one of the highest tax rates for licensed sportsbooks’ revenue in the US at 36%. Because prediction markets operate outside of PA’s regulatory structure, they do not pay taxes on their revenue to PA, and therefore, the PGCB sees exchanges as taking tax revenue from the state.

At the same time, state officials have yet to take formal action to limit these markets. Barring action from the CFTC, the courts, or the US Congress to restrict this type of trading, the current situation will continue even if Pennsylvania officials would like to see it change.

What you can trade on PA prediction markets

Pennsylvania prediction markets offer contracts connected to a variety of developments and events. Many of them will be of special interest to you as a Pennsylvanian.

Crypto: Contracts cover cryptocurrency like Bitcoin and Ethereum hitting specific price targets by a specified date. You’ll find these contracts on Kalshi, Polymarket, OG, and Gemini Predictions. Gemini stands out in this category with a unique range of contracts using $4,000 price brackets on Bitcoin.

Economics: Markets in this category can contain Federal Reserve interest rate movements, changes in the Consumer Price Index, unemployment statistics, and reports on Gross Domestic Product (GDP). DraftKings Predictions and FanDuel Predicts both route PA users into this category, and Kalshi has deep liquidity on the same contracts.

Pop-Culture: Industry awards such as the Emmys, Grammys, and Oscars headline this segment. However, outcomes of reality television shows and how films perform at the box office add to the variety. Kalshi and Polymarket carry these contracts in PA. Note that these markets tend to resolve faster and carry less liquidity compared to other categories.

Elections: 2026 is an important general election year in Pennsylvania, with the November 3 race between incumbent Democratic Governor Josh Shapiro and Republican challenger Stacy Garrity headlining the ballot, along with all 17 US House contests. Because of Pennsylvania’s reputation as a swing state, liquidity on these markets tends to build on platforms like Kalshi, Polymarket US, OG, and Gemini Predictions.

Primaries: Pennsylvania’s closed primary takes place May 19, 2026. Shapiro and Garrity are running uncontested in their gubernatorial primaries, but six contested US House primary races are on the ballot, including the Summer Lee challenge in the 12th District and the crowded eight-Democrat race for Dwight Evans’ open 3rd District seat. Kalshi, Polymarket US, and OG all offer contracts on contested primary outcomes.

Sports: On Kalshi you can pick from a wealth of sports contracts connected to Pennsylvania teams. Whether you’re most interested in the 76ers, Eagles, Flyers, Nittany Lions, Panthers, Penguins, Phillies, Pirates, Steelers, or the Union, you’ll have a multitude of choices including in-game contracts. Polymarket US, OG, and Gemini Predictions also carry PA sports markets, with DraftKings Predictions and FanDuel Predicts routing sports wagering through their licensed Pennsylvania sportsbooks instead.

More state guides

Know before you trade

You have great control over your level of risk on prediction markets, but these contracts always carry a level of risk. For that reason, exchanges like DraftKings Predictions, FanDuel Predicts, and Kalshi offer customizable limits free of charge to people in PA.

Because prediction markets allow trading from age 18, responsible wagering has greater importance in this context. You can learn more through the Council on Compulsive Gambling of Pennsylvania and the National Council on Problem Gambling.

FAQ

About The Author

Derek Helling

Derek Helling is a journalist who has covered the gaming industry for many publications since 2018. His coverage emphasizes the intersections of gambling with the business of entertainment, the evolution of the legal landscape, technology’s shaping of gaming, and the impact of gambling on society. When he isn’t working on his next story, he enjoys traveling with his wife and spoiling their pair of Munchkin cats.

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