What are prediction market apps?
Prediction market apps are regulated apps where you can trade on the likelihood of future events happening. These markets have Yes or No event contracts which are based on whether you think a specific event will happen or not across various categories that affect people. If you think the outcome will happen, you can purchase Yes contracts. If you think it won’t, you go for the No contracts.
You’ll find hundreds, and sometimes, thousands of contracts spanning categories like climate, politics, economics, sports, culture, and many more.
Each contract has a price between $0.01 and $0.99 that shows the market’s view of how likely that outcome is. The market is made up of other traders on the app. So if a Yes contract is priced at 72 cents, it shows that traders view it as having a 72% chance of happening. With that being said, contract prices are rarely fixed, as they move to reflect the market sentiment.
Also, no prediction markets app fixes contract prices, they are instead based on the forces of demand and supply. If more traders are purchasing a type of contract, say Yes contracts, its price will likely increase. On the other hand, more traders trying to sell their position may lead to prices falling.
What does PrizePicks do well?
PrizePicks has some positives when it comes to prediction markets. Before we go on to the
alternative prediction market
apps, let’s briefly highlight what this prediction platform does well.
Clear categories for Team and Culture Picks
Most apps like PrizePicks have broad categories for predictions, but PrizePicks divides its prediction markets into two categories: Team Picks and Culture Picks. Team Picks are strictly for sports predictions, so you’ll find markets covering major North American leagues like the NFL, NBA, NHL, and UFC, and sports like soccer, golf, boxing, and more.
Culture Picks are for everything else other than sports, such as crypto, politics, economy, climate, music, movies, TV, and other real-world events. This arrangement makes it easy for new traders to get to grips with.
There’s no dedicated PrizePicks Predict welcome bonus for Team and Culture Picks, but you can still find a few other promos for returning traders. This includes referral bonuses and deposit match offers.
A highly rated app with excellent usability
PrizePicks Predict app is very navigable, so you can trade Yes or No contracts for Team and Culture Picks with ease. The app ratings also back this up with a 4.5-star rating on Google Play and a 4.7-star rating on the Apple App Store.
What should PrizePicks improve?
For starters, PrizePicks Team Picks are restricted in 30 US states, while Culture Picks are off limits in nine states. There’s also no dedicated welcome bonus for Team and Culture Picks right now, but that isn’t much of a bummer because not every prediction platform offers one. Not to worry though, most of the apps like PrizePicks we’ll be recommending are available in all states and provide very extensive trading options.
The best apps like PrizePicks
Prediction markets are still fairly new, so it may be a bit overwhelming knowing which sites to choose. We’ve gone through the prediction platforms available in the US, checked the ones that are legit, and offer the
best prediction markets. Here are the apps that are worth having on your radar.
| Apps like PrizePicks | Welcome bonus |
| Kalshi | $10 trading bonus after registering, depositing at least $1, and completing $10 in trades |
| Polymarket | $50 trading bonus after depositing at least $20 |
| Crypto.com | No specific prediction market welcome bonus |
Kalshi – One of the best sites like PrizePicks
Kalshi: Pros and Cons
- Find markets via search facility
- Extensive range of prediction markets
- Clear fees system
- Large help center
- Limited promos for existing customers
Kalshi is a top prediction markets app that lets you trade on 11 broad categories spanning elections, politics, sports, crypto, finance, economics, tech, culture, and others. If you want the hottest markets, you’ll find them in the ‘Trending’ section.
The Kalshi app gives you access to the same categories as the website, along with thousands of prediction markets that get traded at any given time. New traders will receive a $10 signup bonus after signing up, getting verified, and completing $10 in trades. You’ll also find a decent lineup of rewards for existing traders, such as the referral program and its volume incentive program which gives you cashback based on how much you trade. But if you want more options, you can check out our review of
apps like Kalshi.
Polymarket – Top choice for sports and crypto predictions
Polymarket: Pros and Cons
- Plenty of prediction market topics
- Trending and breaking areas of interest
- Lots of predictions in all major subject areas
- User-friendly site design
Polymarket re-entered the US in 2025 after securing a license from the Commodity Futures Trading Commission (CFTC). This app is built on the Polygon blockchain, so you’ll buy and sell event contracts using USDC, a stablecoin that is equal to $1. If you don’t hold crypto, third-party apps like MoonPay can be used to purchase crypto.
There are over 12 broad categories at Polymarket, including sports, politics, elections, crypto, climate, and more. However, its sports and crypto prediction markets are quite extensive, and very few
apps like Polymarket
can compare with its market depth.
Sports prediction markets are split into live and futures. Live markets offer contracts on ongoing events spanning both US and international matches. If you’d rather trade contracts on crypto prices, you might find Polymarket to be a good fit. There are 5-minute, 15-minute, hourly, and even weekly BTC prediction markets where you can trade on whether Bitcoin (BTC) will go up or down within a strict window.
There’s a $50 welcome trading bonus available to all new traders, but to receive it, you’ll have to sign up and deposit at least $20. There are more rewards for returning traders too, including referral perks, liquidity rewards, and maker rebates.
Crypto.com: Pros and Cons
- Sports, elections, culture, and economics markets
- Low commission for trading
- Supports USD and cryptocurrency payments
- No crypto prediction markets
Crypto.com is a well known crypto exchange, and it now offers prediction markets covering sports, politics, culture, finance, economics, and of course, crypto. Users can buy and sell event contracts using crypto or USD if preferred. The prediction markets section is integrated into the Crypto.com app, and remember that all trades take place on the app. We’ll recommend Crypto.com as one of the top sites like PrizePicks to consider if you’re new to these markets. You’ll find tutorials on how prediction markets work, while also having access to price charts, which can help you make better trading decisions. There’s no specific bonus for prediction markets at Crypto.com, but there are a few other perks for returning users.
Sponsored by Crypto.com – Not investment advice. Trading prediction markets and crypto involves risk, including potential loss of your stake. Consider your risk tolerance before participating. Crypto.com connects U.S. users to CDNA (regulated by CFTC) for derivatives trading. CDNA membership required. Trading may not be suitable for all—you could lose your entire investment plus fees. Past performance doesn’t guarantee future results. This is not a solicitation or recommendation to trade.
Features to look for when choosing prediction market apps like PrizePicks
Similar to what we found while reviewing
apps like Robinhood, several features are non-negotiable when selecting the best prediction market apps. Here are some of the top ones:
🔒 Licensed and regulated by the CFTC
The Commodity Futures Trading Commission regulates legitimate prediction market platforms in the US. These apps must adhere to strict rules on fairness, transparency, and trader protection processes. For this reason, we prioritized sites like PrizePicks that are fully licensed and regulated.
⚖️ Fair rules and settlement sources
Each app we’ve recommended has clear settlement rules and data sources listed on each prediction market. You can verify details yourself if preferred. Also, the rules for settlement are fair, and remember that you can always trade your position before the event actually happens.
🔐 Top-notch security features
These alternatives must have watertight security too. It’s the norm to have TLS encrypted apps, but the apps that take security seriously also have added features like biometric logins and two-factor authentication (2FA).
Apps aren’t just convenient, but they must be easy to use. You should find it easy to sign up, get verified, and start trading on prediction markets quickly. To make it even better, we selected apps like PrizePicks that have clear categories and price charts that help you track the market movement and make informed decisions.
Liquidity means a market has many traders buying and selling event contracts, which makes it easy to enter or sell your position at a fair price. It’s a particularly important feature to consider if you don’t want to wait until settlement and would rather trade out before the event ends.
Pros and cons of using apps like PrizePicks
For context, here’s a quick look at the upsides and drawbacks of using apps like PrizePicks:
Pros and Cons
- Available in more states
- More extensive prediction markets
- Welcome bonuses are available
- High liquidity across several prediction markets
- Small trading fees may apply
Conclusion – Only trade on the best apps like PrizePicks
The best apps like PrizePicks offer a lot more than Team and Culture Picks, and they’re also available in the vast majority of US states. Sports predictions may still be barred in a few locations, but you’ll find an array of other markets covering crypto, politics, finance, culture, climate, entertainment, and global events.
You now know the apps that top the list. Kalshi, Polymarket, and Crypto.com are all regulated by the CFTC, so they’re legal for prediction market trading and must adhere to strict rules on fairness, transparency, identity checks, and trader protection.
If you’re new to these markets or a pro trader looking for the best alternatives, you can try out any of our recommended apps like PrizePicks. Simply click the banners on this page to visit your preferred app, sign up, claim your welcome bonus where available, and start trading today.
Try these top prediction market sites
Apps like PrizePicks FAQs
📱 What are the best apps like PrizePicks?
The best apps like PrizePicks include Kalshi, Polymarket, and Crypto.com. These alternatives all give you access to more prediction markets, including those covering sports, crypto, politics, finance, culture, and more.
⚖️ Are sites like PrizePicks legal in the US?
Yes, they are. The sites like PrizePicks we’ve recommended are legal prediction market platforms regulated by the CFTC. However, availability of some markets, such as sports prediction markets, may be off limits in some states.
🎁 Do apps like PrizePicks offer welcome bonuses?
Yes, some apps like PrizePicks have dedicated welcome bonuses for traders. Take, for example, Kalshi has a $10 trading bonus, while Polymarket offers a $50 trading bonus after a qualifying $20 deposit has been made.
