Prediction markets are a relatively new concept in the UK, allowing you to predict the outcomes of events in a simple Yes/No format. Sports events are proving popular for now, but the US shows how quickly things can advance.
In this guide, we soon showcase the top prediction market sites for a UK audience, covering current markets, promotions, accessibility, and more. We also ensure that you leave today with a complete understanding of how prediction markets work, breaking down the new format, fee structures, and likely markets, before guiding you through the process of entering your first market.
The introduction of prediction markets has been long awaited, so it is unsurprising to see the likes of Matchbook and easyBet hit the ground running with such well-designed platforms. In this opening section, we discuss what you can expect in more detail.
Matchbook Predictions: An Impressive Prediction Market Site with Plenty of Scope
Our top choice is Matchbook. We suspect that many of you will have already heard of the Matchbook betting exchange, and the prediction markets section does not require a new account or separate download to access. Just remember to check in case we can offer you an exclusive
Matchbook Predictions promo code
to add even more value to the experience.
Currently, there is a clear focus on politics and football, with live markets covering major leagues and tournaments, but with prediction markets still in their infancy, we anticipate plenty more will soon become available.
The in-play tracker is great for those following the action, and we were also impressed with the variety of markets. This didn’t just include Home, Draw, and Away, but also more creative propositions layered on top of the usual outright and match-result markets. The only minor drawback is that a welcome bonus for prediction markets has not yet been released. Of course, we will update you as soon as things change.
EasyBet Predictions: Kick Things Off at This Top Prediction Market Site with a £30 First-entry Offer
Welcome bonus
24/7 customer support
Reliable payment methods
No crypto payment option
easyBet is another prediction market site that has launched in the UK. Here, you will find a familiar orange and white colour scheme, a bright blue Join Now tab, and the option to download and play on the go through a dedicated app.
Once registered, you will find that you also have the chance to make the most of a welcome offer for new users: commit £20 to a Predictions market and you’ll receive £30 in credits back, made up of 4 x £5 Predictions credits and 1 x £10 Exchange credit. You will need to enter a valid promo code at sign-up to unlock this, so check our
easyBet Predictions promo code
page for the current one before you register.
With markets specifically, you’ll find football, tennis, politics, baseball, basketball, and plenty more. Plus, it isn’t just a case of selecting outright winners through the Yes/No format. Opening a position is simple: click the chance associated with your chosen market, confirm your entry value, then confirm. You’ll then find all selections in your portfolio, where you can review market movement and judge your next moves accordingly.
What Are Prediction Markets?
If prediction markets are new to you, you’re in good company, as this is still uncharted territory for most in the UK. Before we get into how each site stacks up, it’s worth getting the basics straight first. So what are we actually talking about here?
Put simply, a prediction market lets you back your own judgement on which way a live, upcoming, or ongoing event will go. Rather than picking a winner outright, you’re deciding whether a specific outcome will land or not, which is why you’ll see the same Yes/No setup crop up across pretty much every site in this space.
Where does that leave things legally? That depends on the product: gambling markets fall under the Gambling Commission, while financial products may fall under the FCA. Just don’t go in expecting a standard bookmaker experience, though, as there’s no house on the other side of your position, and you won’t find traditional odds either. Everything here runs on contracts instead, with pricing that moves based on what the rest of the market thinks will happen.
UK access remains under review. Financial News reported on October 6 that the FCA is discussing potential UK entry with prediction-market operators. Those talks haven’t changed the rules: financial event contracts covered by the retail binary-options ban remain prohibited, while gambling products require the appropriate Gambling Commission licence.
How Do Prediction Markets Work?
When looking at prediction markets head-on, you’ll find that they come with straightforward Yes/No options and the expected chance/probability. This chance/probability is the price you’re taking, and it directly shapes your potential return: the lower the price, the higher your payout if you’re proven right.
There’s no fixed contract size on our recommended sites either, so you decide how much you want to trade on any given market. For example, you may look to enter a market with a 60% chance. Trading £10 on a correct Yes prediction would return £16.67 (£10 ÷ 0.60), a profit of £6.67. Should you opt to go against the market (No) at, say, a 40% price, the same £10 stake would return £25 if proven right. Get it wrong, though, and your initial investment is lost.
List of Prediction Markets Across the UK Scene
As things stand, prediction markets are gaining attention in the UK, with the sites covered here focusing primarily on sports and politics. Betting exchanges have been around for years, though, so the underlying idea isn’t entirely new. However, you only have to look at the US to see how quickly prediction markets can grow. In time, we envision the following becoming readily available.
Category
Examples of prediction markets
Education
Will university fees rise before the next general election?
Will GCSE pass rates increase year-on-year by 2027?
Will a major UK university announce a merger or closer during this academic year?
Crypto
Will Bitcoin close above X by 31 December?
Will a spot Solana ETF be approved before the end of 2026?
Will Ethereum outperform Bitcoin over the next quarter?
Politics
Will the UK hold a general election before X?
Will X party win the next election?
Will X still hold their position by the end of the year?
Sports
Will England win the World Cup?
Will Harry Kane win the Golden Boot at a major tournament?
Will Arsenal finish in the top four next season?
Finance
Will the Bank of England cut interest rates at its next meeting?
Will the FTSE100 close above X by year-end?
Will inflation in the UK fall below 2% before X date?
Culture
Will X film win Best Picture at the Oscars?
Will X artist headline Glastonbury next year?
Will X TV show be renewed for a new season?
Fees
Prediction markets work differently from most betting products when it comes to cost. Rather than the operator baking a margin into the odds, fees show up as a separate charge, and exactly how much you’ll pay depends entirely on the site you’re using. Your deposits and any losing contracts won’t typically be where fees hit.
Instead, you’re more likely to see a fixed rate or percentage taken from individual wins, or from your net winnings across a group of contracts. It’s a different cost structure to what you might be used to, so it’s worth checking each site’s fee schedule closely as you work through our comparisons.
How Prediction Markets Compare with Betting Sites
UK prediction market sites offering gambling products in Great Britain need the appropriate Gambling Commission licence, just as bookmakers do. However, the way you place and manage your selections can differ.
To begin, prediction markets are contract-based and completed peer-to-peer. Unlike sports betting odds, chance/probability is organically swayed by current position and market movement, rather than by the house directly.
There’s no fixed contract size here either, with returns instead scaling to whatever stake you choose to put behind a position. Not to mention that prediction markets will often cover a larger range of topics, as we mentioned above. Just bear in mind that the liquidity of more niche markets may be lower, resulting in certain limits surrounding the amount you can successfully stake.
Pros and Cons of Prediction Market Sites
Pros and Cons
Broader range of topics and market opportunities
More control over entry and exits
Easy to predict potential winnings
Lower liquidity in niche markets
How We Review the Very Best UK Prediction Market Sites
In order to provide you with honest and authentic reviews of the best prediction market sites, we have created a checklist of specific areas that must be compared before providing you with an honest rating and ranking. As you will see, this includes the following.
🔒 Security
Including a review of verification checks, 2FA, geoblocking software, responsible trading, encryption technology, and official licensing.
🎁 Bonuses
Although not as extensive, the promotions tab will be reviewed to uncover the types of offers, rewards, and VIP perks available.
📊 Markets
Unsurprisingly, we spend a great deal of time reviewing the latest categories, markets, and ease of opening contracts, as you can see from our insightful
Matchbook Predictions review.
📱 Accessibility
During this section, you can expect an overview of the desktop design, layout, and feel, as well as a comparison with how all transfers over to the mobile site or app
💳 Deposits, withdrawals, and fees
Our payment section covers all you need to know about funding the experience, withdrawing any potential wins, and the fees applicable
🛠️ Support
Although often overlooked, support will be thoroughly tested to ensure that you have no issues having any potential problems resolved
Steps to Help Join a Prediction Market Site
The process of joining a top prediction market site is fairly straightforward, as highlighted in our comprehensive review of
easyBet Predictions. However, we have provided you with this step-by-step guide to ensure you avoid any basic slip-ups along the way.
Check out the banners on this page to view the best prediction market sites in the UK
Read through our reviews, make note of any exclusive promo codes, and click on the links to visit your chosen site
Click on the register, join now, or equivalent tab
Share some basic personal details, including full name, date of birth, and email address
Enter one of our eligible promo codes (if available), read through the fine print, and create your account
Verify your details through a one-time link sent to your email address and return to the site
Pass Know Your Customer checks by providing your full residential address, photo ID, household bill, and any other requested details (This may be completed at a later stage)
Make your initial deposit, review the latest markets, and open your first contract
Make the Most of Our Comparisons to Find a Suitable Prediction Market Site Today
It is an exciting time for the UK, with a new wave of prediction market sites opening their virtual doors. As covered, these sites let you predict the outcomes of all sorts of live and upcoming events using a simple Yes/No format. The idea is that you’ll back a Yes/No outcome at a price reflecting its probability, with your return scaling to your trade if you call it correctly, or losing that trade if you don’t. This month’s top picks include Matchbook and easyBet, but we will be sure to keep our reviews updated as the market continues to expand.
Our Standout Prediction Market Platforms Right Now
Prediction Markets FAQ
Yes. At a UK prediction market site, potential outcomes are kept very simple. You either lose your trade, or you win a return based on the price you took, subject to the platform’s limits and available liquidity.
With prediction market sites still considered a relatively new concept to the UK, bonuses are few and far between. We have seen the opportunity to receive your initial entries back if they fall short, and we would expect deposit-matched offers and rewards schemes to follow soon.
Yes. You won’t be restricted to the number of prediction markets you can enter at any one time. However, we would always advise considering the size of your entries and ensuring that you stay within your own limits.
We judge the best prediction market sites on the same criteria to ensure that they all start on an even page. Based on our recent comparisons, Matchbook and easyBet are your best options, but you can use the banners on this page to view all available sites as they open.
There are plenty of new betting sites in the UK that offer competitive offers, a range of betting opportunities, live streams, and plenty of other features, but you may prefer to join a prediction market site based on its simple Yes/No format, range of exclusive market opportunities, and unique approach.