Robinhood Expands Sports Betting by Launching Football Prediction Markets
Robinhood has expanded its prediction markets to incorporate professional and school soccer. The transfer highlights the corporate’s aggressive technique to develop its “predictions hub” into main new classes like sports activities.
The brand new providing will change into out there to prospects within the coming days, beginning with contracts for the season’s first two weeks.
A Rising Prediction Markets Hub
Robinhood introduced at this time the launch of professional and school soccer prediction markets inside the Robinhood app.
The brand new characteristic permits prospects to commerce on the outcomes of main video games, together with all skilled common season matchups and video games involving Energy 4 and impartial school soccer groups.
“Soccer is way and away the preferred sport in America. Including professional and school soccer to our prediction markets hub is a no brainer for us as we purpose to make Robinhood a one-stop store for all of your investing and buying and selling wants,” stated JB Mackenzie, VP & GM of Futures and Worldwide at Robinhood, in a press launch.
Robinhood Derivatives, LLC will supply these new contracts by KalshiEX LLC, a federally regulated alternate.
The announcement expands on Robinhood’s existing prediction market offerings, which have already seen over 2 billion contracts traded. Not like conventional sports activities betting, these are structured as monetary markets the place patrons and sellers set the costs, and customers can handle their positions all through a sport.
The brand new choices will change into absolutely out there within the coming days. Robinhood will supply contracts for the primary two weeks of the skilled and school seasons at launch. The corporate plans so as to add weekly matchups because the season progresses, with new video games launching after the conclusion of earlier weeks.
From Basketball to Soccer
This isn’t the primary time Robinhood has supplied prediction markets centered round sports activities. In March, the buying and selling platform additionally partnered with Kalshi to offer bets on NCAA basketball tournaments.
In July, Robinhood executives unveiled that sports activities contracts made up a big proportion of the corporate’s roughly $1 billion value of prediction markets buying and selling in the course of the second quarter of 2025.
Robinhood’s current announcement to develop its prediction markets follows the numerous income generated by these contracts. The buying and selling platform now presents contracts in different areas, together with crypto, politics, economics, and sports activities.
Robinhood’s push into new choices comes throughout a extra favorable regulatory surroundings for crypto.
The Regulatory Journey of Prediction Markets
Robinhood confronted intense regulatory scrutiny underneath the earlier administration, led by SEC Chair Gary Gensler.
In January 2025, the SEC introduced a $45 million settlement with the corporate for violations, together with failures in recordkeeping, regulatory compliance, and anti-money laundering (AML) reporting.
A month later, following the change in administration, the SEC dropped the probe with out taking any additional enforcement motion. Since Trump’s assumption, Robinhood has additionally begun offering futures trading for Bitcoin and Ethereum.
In the meantime, Kalshi has additionally confronted its share of regulatory friction.
Final 12 months, the CFTC tried to shut down its election-related prediction markets. Kalshi efficiently challenged this in courtroom, and the CFTC finally dropped its attraction. That stated, in at this time’s press launch, Robinhood clarified that Kalshi is certainly CFTC-regulated.
The publish Robinhood Expands Sports Betting by Launching Football Prediction Markets appeared first on BeInCrypto.
