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Platform review

PredictIt review

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Last verified:

PredictIt is a long-running political prediction market operating under a CFTC no-action posture. Markets are politics-only with per-contract position caps.

Best for: Political forecasters who want a US-accessible, long-tenured market.

Market coverage
4%
Tracked volume
$310K
Best-price markets
0
OddsGrab rating
3.0/5

Coverage and best-price figures are computed across the 23 events OddsGrab tracks. PredictIt quotes 1 of them.

Key facts

Funding
USD (bank/card)
Fees
5% on profits, 5% withdrawal
Minimum
None
Availability
US, politics only
Regulator
CFTC

Pros

  • Long track record on political markets
  • US-accessible
  • Familiar interface

Cons

  • Politics only
  • $850 position cap per contract
  • 5% profit + 5% withdrawal fees

Getting started

  1. Create a PredictIt account — it is US-accessible and politics-focused.
  2. Fund with a bank card, keeping the $850 per-contract cap in mind.
  3. Pick a political market and read its resolution terms.
  4. Trade shares of Yes or No, factoring the 5% profit and withdrawal fees.

PredictIt FAQ

Is PredictIt available in the US?
PredictIt is available to US users and is overseen by the CFTC. Confirm eligibility for your state before funding an account.
Are PredictIt's prices tradeable?
PredictIt quotes 1 of the 23 events OddsGrab tracks and offers the best tradeable price on 0 of them. Prices are real-money contracts you can trade.
How do I fund PredictIt?
Funding is via USD (bank/card). Fees: 5% on profits, 5% withdrawal. Minimum to start: None.

PredictIt markets by category

Other platforms

Ratings and coverage figures are illustrative, derived from representative demo data until live platform feeds are connected. Always verify current fees, funding, and availability on the platform's own site.