If you’re like us, looking for the best sites like Robinhood to experience a change from its prediction trades, then this one is for you. Our top alternatives are Kalshi, Crypto.com, OG, Polymarket, and Underdog.

These sites are similar to Robinhood but offer even better experiences for trade predictions. From promotions and live prediction trading to multiple event contract offerings and reliable payment methods for trades, these sites are our go-to brands anytime. Keep reading as we discuss what makes them worth selecting and share some of their pros and cons.

The Best Alternative Prediction Market Sites to Robinhood

Quick Facts About Sites Similar to Robinhood

  • Our top sites similar to Robinhood are Kalshi, Crypto.com, OG, Polymarket, and Underdog.
  • Some of these sites allow you to trade predictions on their native apps, while others offer web-based apps.
  • For each event contract on these sites, you can predict either “Yes” or “No” for your outcome’s expectation.
  • You can trade predictions tied to multiple real-world events, including sports, cultures, politics, economics, and more.

What We Like About Robinhood

Based on our experience, Robinhood has so much to offer when it comes to trading predictions. From its multiple prediction markets and rewarding referral program to its mobile app, which works on both iOS and Android devices, Robinhood sure knows how to give us the best experience.

We also enjoyed the Robinhood referral program, where we were rewarded gift stock for each referral we made to the platform. Here, once your referrals successfully sign up and link their bank account or debit card, you’ll both receive a reward fractional stock share valued between $5 and $200.

Want to know the best part of this promo? You can pick the gift stock yourself from a list of Robinhood’s top-traded companies, up to a maximum of $1,500 in promotional rewards per year. Also, Robinhood event contracts are priced from $0.01 to $0.99, allowing you to start your prediction journey without breaking the bank.

What Robinhood Can Improve

We found many upsides to signing up with Robinhood. However, we wouldn’t say the prediction market ecosystem is without its flaws. During our Robinhood review, we discovered that the app traditionally did not generate its own proprietary event lines. Instead, it relied heavily on a retail partnership with Kalshi to fill its primary order book.

To resolve this limitation and build out its own supply, Robinhood partnered with Susquehanna International Group to launch its own CFTC-regulated exchange infrastructure, routing native markets through its Rothera platform.

Even with this expansion, the platform continues to trail competitors when it comes to long-tail variety. A major downside is that Robinhood intentionally restricts its event roster under strict regulatory guidelines, resulting in fewer niche pop-culture lines than those found on independent platforms, though it still covers major economic and cultural milestones.

Because of this, we decided to set out to find the best alternative prediction market sites like Robinhood that offer a wider variety of custom, unfiltered event contracts.

Best Prediction Market Sites Like Robinhood

If you’re familiar with prediction trades, you’d know that there are multiple sites online that offer prediction trading just like Robinhood. It’s just a bit tricky to find trustworthy, reliable ones to enjoy the best trade prediction experience with the available event contracts.

That said, we may have a solution with our top five best alternatives to Robinhood: Kalshi, Crypto.com, OG, Polymarket, and Underdog. Keep in mind that the availability of these sites varies by region, so be sure to check eligibility in your location. That said, each provides something unique to traders, allowing you to have the best time on their sites.

Here’s a table showing what to expect from Robinhood alternatives:

Trading format “Yes” or “No” contracts
Licensing Some prediction market sites are CFTC-regulated, while others operate under different models and availability
Available promotions? You’ll find welcome bonuses, referral rewards, or both, or even none, on some of these sites
Mobile app Yes. Some are native apps available on the Google Play Store and App Store, while others are web-based apps
Featured prediction markets You’ll find multiple events contracts tied to markets such as sports, crypto, politics, climate, economics, and more
Available in all regions? No, varies by state
Trading event contract fee? Each site has its own specific event contract fees

Kalshi – Best for Live Prediction Trading

  • Accessible across the US
  • Simple to use
  • Explore niche and mainstream markets
  • Integrated prediction tools
  • Limited ongoing bonus offers

Kalshi is one of the top prediction market sites we reviewed when we set out to find alternatives to Robinhood. Kalshi not only offers a $10 welcome bonus to new traders but also provides multiple ongoing live event contracts for trades.

At the time of writing this review, we found more than 100 live events where you can trade predictions on Kalshi. Just remember that these prediction markets and counts are always changing. However, they were mainly for sports events such as soccer, cricket, golf, basketball, tennis, and esports. That said, we also stumbled upon some live events tied to politics and culture.

For example, we traded on live sports events such as “The Chevron Championship Winner” and “Chelsea vs Leeds United.” Then, for politics and culture, we looked at markets such as “What will Ro Khanna say during Meet the Press?” and “Drake vs Bad Bunny streams this week.”

Crypto.com – Best for Cryptocurrency Trade Predictions

  • Level-Up Rewards available
  • Welcome offer for standard trading
  • Predict future prices for crypto
  • Choose yes/no contract positions
  • Complex for newcomers

Another alternative site to Robinhood that impressed us is Crypto.com. The site offers cryptocurrency trades alongside other prediction market contracts. When we reviewed Crypto.com, we found contract events spanning multiple categories, including cryptocurrencies, and we found that impressive.

Many other prediction market sites we reviewed often feature event contracts on popular cryptocurrencies such as Litecoin and Bitcoin. However, Crypto.com takes the experience further by offering event contracts across multiple markets, including price-based events for cryptocurrencies such as SOL, ETH, DOGE, ADA, BTC, and XRP.

Besides enjoying the Crypto.com mobile app for trading predictions on the go, we also like that you can choose from multiple cryptocurrency payment options to fund your Crypto.com account.

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.

OG – Best for Prediction Market Promotions

  • Deep coverage of sports markets
  • Live chat support
  • Fast withdrawals
  • Transaction fees on many deposit methods

Speaking of promotions, our OG review revealed that it’s one of the top alternatives to Robinhood. At OG, you not only receive a welcome bonus when you sign up, but also get rewarded when you refer friends to the app. As a newly registered OG trader, you can earn rewards worth up to $100 after verifying your account, logging in to view your profile promos, and settling at least $10 in a single qualifying order to spin the reward wheel within seven days of verification.

During this promotional period, eligible users are guaranteed to receive either a boost coupon or a bonus coupon from their wheel spin. Just note that your qualifying trade must be placed on a contract with an implied probability below 80%, using your own cash balance since positions opened with existing promotional rewards do not count toward your volume progress.

Prediction Trading is facilitated through Crypto.com | Derivatives North America (CDNA). Foris DAX Inc. and Foris Inc. (d/b/a OG ) provide access to CDNA, a platform regulated by the U.S. Commodity Futures Trading Commission (CFTC), allowing users to trade derivatives in accordance with CDNA’s rules and regulations. 

Polymarket – Offers Multiple Payment Methods for Prediction Trading

  • Excellent trading coverage
  • Powerful mobile app
  • Speedy deposits and withdrawals
  • Peer-to-peer exchange
  • Watertight security provisions
  • Steep learning curve
  • Sports contracts restricted in Michigan

No doubt, Polymarket ranks high in our list of prediction market sites similar to Robinhood. For one, we like that Polymarket runs on the unique Polygon blockchain and uses USDC to facilitate transactions on its site. That said, after depositing our funds, we noticed that Polymarket converts them to USDC on Polygon, allowing us to start trading on its site.

To make deposits and withdrawals on Polymarket, we discovered that the site also supports fiat transactions. Through processors like MoonPay, you can purchase USDC on Polymarket with debit or credit cards, or via digital wallets like Google Pay or Apple Pay.

While new users can unlock an exclusive “Deposit $20, Get $50 Trading Bonus” welcome deal, existing traders can also look to leverage the platform’s native referral program. Here, you’ll dynamically earn a tier-based payout giving you 10% of all net trading fees generated from your direct referrals, plus an additional 5% of net fees from your indirect referrals.

Underdog – Best for Sports Trade Predictions

  • Available in 38 states + Washington D.C.
  • Great sports coverage
  • Responsive support team
  • Dedicated mobile app
  • No bonus offers

Just like other sites recommended in this review, Underdog has a fantastic mobile app like Robinhood that you can use to trade predictions on multiple real-world events.

If sports prediction markets are more of your style, you’ll find multiple event contracts featured at Underdog. Besides trading predictions on the typical event contracts, such as a match winner between two teams, Underdog also allows you to trade on event contracts, such as players’ props, point spreads, and total points. Plus, you’ll find multiple futures contracts, including Super Bowl Winner and NFL Championship Winner.

Trading derivatives involves risk and may not be appropriate for all. For more information visit: https://underdogfantasy.com/rules. For Crypto.com Predictions, the term “pick” refers to a product traded on CDNA.  

How to Trade Predictions at Similar Sites to Robinhood

Here’s a simple guide to help you trade event contracts at our recommended Robinhood alternatives:

  1. Click the banners on this page to visit the website or app of one of the prediction market sites recommended in this review.

  2. Create an account and log in.

  3. Find its “Prediction markets” feature on the homepage and click.

  4. Choose any of the available categories, such as culture, politics, sports, or crypto.

  5. Select a preferred event contract in the category you’ve chosen.

  6. Trade “Yes” or “No” contracts based on what your expected outcome is.

  7. Access and adjust your position as related reports become available online.

Remember that event contract prices on these sites show live order-book conditions. Also, order-book spread can cause differences between displayed percentages and bid-ask pricing.

Pros and Cons of Prediction Market Sites Like Robinhood

We’ve put together some pros and cons of trading event contracts at similar sites to Robinhood:

Pros and Cons

Pros and Cons
  • Multiple real-world event-based contracts are available on these sites
  • Some of these sites offer bonuses to new and existing traders
  • Mobile apps are available for trade predictions at these sites
  • Not accessible in all regions

Conclusion – Sign Up and Trade Event Contracts on the Best Sites Similar to Robinhood

If you’re wondering where to trade predictions for a change from Robinhood, we recently reviewed several alternatives to see which ones offer a similar or even better experience for traders. After much digging, we selected our top alternatives: Kalshi, Crypto.com, OG, Polymarket, and Underdog.

Each site we just mentioned offers unique features that make them worthy contenders on our list of top prediction market sites similar to Robinhood. That said, whether you’re interested in crypto and sports predictions, exciting prediction trading promotions, or live trading predictions, these alternatives were our best options for enjoying such offerings. Plus, you can trade predictions on these sites easily and hassle-free.

If you want to join any of our recommended Robinhood alternatives, click the banners on this page to sign up and start enjoying the features on your chosen prediction market site.

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