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Side-by-side, Florida-focused reviews of the major prediction market platforms — fees, market depth, sports coverage, and which one fits your style.

Kalshi · Trade $25 and Get $25!

21+ · T&Cs apply

Certain limitations apply. The offer is available to new users only, subject to the terms and conditions at kalshi.com/tc/500. 18+ only. Restrictions and eligibility requirements apply. Event contract trading involves significant risk and is not appropriate for everyone. Please carefully consider if it is appropriate for you in light of your personal financial circumstances. Kalshi products are not available in all jurisdictions. See kalshi.com/regulatory for more information.

We earn a commission · Disclosure

Multiple platforms now compete for Florida prediction market volume. Our order of preference is Kalshi, Polymarket US, ProphetX and OG by Crypto.com, with Novig fifth; this page also covers FanDuel Predicts, Robinhood Predictions and DraftKings Predictions. They share a lot of DNA — most are CFTC-regulated, several even share order books — but the differences in liquidity, fees, interface, and FL-relevant market coverage (Heat, Dolphins, Marlins, Panthers, Inter Miami, hurricanes, FL elections) matter a lot in practice.

We also include the most-asked Florida comparison: how prediction markets stack up against Hard Rock Bet — the state's only licensed online sportsbook, under the Seminole Tribe gaming compact.

Sponsored · Offer checked October 3, 2026

Skip the comparison — first in our ranking, Kalshi: Trade $25 and Get $25! with code MIAPREDICTS

Certain limitations apply. The offer is available to new users only, subject to the terms and conditions at kalshi.com/tc/500. 18+ only. Restrictions and eligibility requirements apply. Event contract trading involves significant risk and is not appropriate for everyone. Please carefully consider if it is appropriate for you in light of your personal financial circumstances. Kalshi products are not available in all jurisdictions. See kalshi.com/regulatory for more information.

MIAPREDICTS

Claim on Kalshi (opens in a new tab)

Kalshi · Trade $25 and Get $25!

MIAPREDICTS

Claim on Kalshi (opens in a new tab)

Certain limitations apply. The offer is available to new users only, subject to the terms and conditions at kalshi.com/tc/500. 18+ only. Restrictions and eligibility requirements apply. Event contract trading involves significant risk and is not appropriate for everyone. Please carefully consider if it is appropriate for you in light of your personal financial circumstances. Kalshi products are not available in all jurisdictions. See kalshi.com/regulatory for more information.

Last checked October 27, 2026

Pillar pages

Sources & references

  1. Commodity Futures Trading Commission: Event Contracts (opens in a new tab), CFTC.gov
  2. Reuters: Kalshi wins court battle to offer election contracts (opens in a new tab)

External links open in a new tab. We cite primary regulatory and major news sources where possible. Citations to trusted regulators (CFTC, SEC, IRS, NOAA, .gov, .edu) are dofollow; commercial outbound links are not endorsements.

Frequently asked questions

Which prediction market platform is best for Florida traders?
Kalshi is first in our ranking: a CFTC-designated contract market, with Trade $25 and Get $25! using code MIAPREDICTS. Polymarket US is second, with Deposit $10 get a $25 Trading Bonus! ProphetX is third: a sports-first, peer-to-peer prediction market with Trade $50, Earn $75! OG by Crypto.com is fourth and Novig fifth. FanDuel Predicts and DraftKings Predictions suit casual traders already on those apps; Robinhood Predictions piggybacks on Kalshi's order book.
Are FanDuel Predicts and DraftKings Predictions the same as sports betting?
No. FanDuel Predicts and DraftKings Predictions are CFTC-regulated event contract products — separate from FanDuel Sportsbook and DraftKings Sportsbook, which are not licensed in Florida. The Predictions products fall under federal commodities law, not state gaming compacts; check each app for its own age and eligibility rules.
Can I use Hard Rock Bet for prediction markets in Florida?
No. Hard Rock Bet is Florida's only licensed online sportsbook (under the Seminole Tribe gaming compact), but it does not offer prediction markets or event contracts. Florida residents who want to trade event contracts use CFTC-regulated platforms like Kalshi or Polymarket US instead.