Best Prediction Market Apps in July 2026

Compare Leading Apps to Start Event-based Trading

🚨 Best Prediction Market Apps in July 2026 🚨

Polymarket, FanDuel Predicts, Kalshi, Novig, and ProphetX are the best prediction market apps available in July 2026. They let you trade contracts on sports, politics, economics, entertainment, and other real-world events without using a traditional sportsbook.

We've compared each platform based on welcome bonuses, available markets, fees, app experience, and state availability to help you choose the right prediction market for your trading style.

📈 Prediction Market

🏦 Welcome Bonus

✍️ Promo Code

Polymarket

Deposit $20, Get $50 Trading Bonus!

ACTION

FanDuel Predicts

Make any Trade & Get $25 in Predicts Bonus!
Use our links to claim!

Kalshi

Trade $10, Get $15!

ACTION

Novig

Spend $25, Get $50 in Novig Coins! ACTION

ProphetX

Trade $10, Get $20! TANBONUS

Fanatics Markets

Earn up to $25 in FanCash
No Current Code Here

DraftKings Predictions

Spend $5, Get $200 in Prediction Dollars No Current Code Here

Sleeper Markets

No Current Offer Here
No Current Code Here

Betr Predictions

No Current Offer Here No Current Code Here

Crypto.com

No Current Offer Here No Current Code Here

OG.com

Up to $100 for new users! No Current Code Here

PrizePicks Predict

No Current Offer Here No Current Code Here

Robinhood

No Current Offer Here No Current Code Here

Coinbase

No Current Offer Here No Current Code Here

Verse Picks

No Current Offer Here No Current Code Here

Before signing up anywhere, check the latest terms and state availability. Eligibility rules vary by platform, and age requirements can differ as well. Offers above are updated regularly. 

TL;DR

🏆 Best overall prediction market: Polymarket

💰 Biggest welcome bonus: Polymarket — Deposit $20, Get $50 Trading Bonus!

📱 Best for sportsbook users: FanDuel Predicts

⚖️ Best federally regulated exchange: Kalshi

⚽ Best for sports markets: ProphetX

🎁 Best rewards program: Novig

Kalshi vs. Polymarket

Kalshi is the more established US exchange with broader desktop access; Polymarket US offers the larger welcome bonus and is currently mobile-only.

🥊 Full comparison here: Kalshi vs. Polymarket.

Best Prediction Market Apps for Trading on Sports, Politics & More

Prediction market apps let you trade contracts on real-world events instead of placing traditional sportsbook wagers. Popular markets include the 2026 World Cup, MLB, politics, economics, entertainment, and financial events.

If you want to trade across sports, politics, economics, and more, check out the top prediction market apps below.

The Shortlist: Best 5 Prediction Market Apps

  • Best welcome bonus: Polymarket (Deposit $20, Get $50 Trading Bonus!)
  • Best for sportsbook familiarity: FanDuel Predicts
  • Best for beginners: Kalshi (fiat, CFTC-regulated, desktop + mobile)
  • Best for pure sports trading: Novig (CFTC-approved, peer-to-peer sports exchange with no house vig)
  • Best for sports parlays: ProphetX (RFQ Same Game Parlay system)
Best Prediction Market App Signup Bonus Promo Code Best Incentive
Polymarket Deposit $20, Get $50 Trading Bonus! ACTION Biggest welcome bonus
FanDuel Predicts Make any Trade & Get $25 in Predicts Bonus! Claim via our links! Best for a sportsbook-like experience
Kalshi Trade $10, Get $15! ACTION Best for beginners; generous liquidity and volume incentive programs 
Novig Spend $25, Get $50 in Novig Coins! ACTION Best for sports-focused experience
ProphetX Trade $10, Get $20! TANBONUS Best for sports-native parlay trading

    What Is a Prediction Market App?

    A prediction market app lets users trade contracts based on whether real-world events will happen. Instead of betting against a sportsbook, users buy and sell positions with one another until the market settles.

    Contract prices reflect the market's estimated probability of an event occurring. You can hold a position until settlement or sell it before the event ends if market prices move in your favor.

    • Contract Mechanics: You purchase 'Yes' or 'No' positions based on whether a specific real-world event will occur.

    • Interpreting the Price: Shares cost anywhere from 1¢ to 99¢. If a 'Yes' share sits at 65¢, the market assigns a 65% chance of the event happening.

    • Cashing Out: When the event ends, winning shares settle at $1.00, while losing shares drop to $0. The advantage is in selling your position early, as you can dump shares mid-event when needed.
    • Peer-to-Peer Action: You trade against other users, not a bookmaker. Prices move based on public sentiment, news, and sharp money — with no baked-in sportsbook margin.

    Top Prediction Market Apps Reviewed (July 2026)

    Below is a breakdown of the top U.S. prediction markets evaluated by volume, regulation, app performance, and bonuses. For political and sports contracts, Kalshi offers a fully regulated U.S. exchange, while Polymarket drives big volume for sports and political forecasting.

    App Welcome Offer Promo Code Best For Terms and Conditions Restricted States
    Polymarket Deposit $20, Get $50 Trading Bonus! ACTION
    Max Bonus Value & Fiat-Based Trading Must be 18 years or older and have a legal, U.S. residential address within the applicable state, D.C., or U.S. territories. Not available in AZ, IL, MA, MD, MI, MT, NV, and OH. AZ, IL, MA, MD, MI, MT, NV, OH
    FanDuel Predicts Make any Trade & Get $25 in Predicts Bonus!
    Claim via our links! Sports-focused experience Offered by FanDuel Prediction Markets LLC, a registered futures commission merchant. 18+ and present in select states. First real money trade only. First-time deposit required. Bonus is non-withdrawable and expires 7 days after receipt. Restrictions apply, including minimum trade amounts. Trading derivatives involves significant risk and may not be suitable for all investors. Manage your activity with our Consumer Protection tools. See terms, including eligible states, at https://www.fanduel.com/predicts/new-customer-offer.

    AZ, AR, CO, CT, IA, IL, IN, KS, KY, LA, MA, MD, ME, MI, MO, MS, MT, NC, NH, NJ, NV, NY, OH, OR, PA, TN, VA, VT, WA, WI, WV, WY

    Kalshi Trade $10, Get $15! ACTION Overall U.S. Trading (CFTC Regulated) Must be 18 years or older and have a legal, U.S. residential address within the applicable state, D.C., or U.S. territories. Not available in AZ, IL, MA, MD, MI, MT, NV, and OH. AZ, IL, MA, MD, MI, MT, NV, OH
    Novig Spend $25, Get $50 in Novig Coins! ACTION Sweepstakes Model Trading Players must be 21+ and be residents of the U.S. Void where prohibited. Mobile only. Please play responsibly.

    AL, AZ, CO, CT, DE, ID, LA, MD, MI, MS, MT, NV, NJ, NM, NY, PA, RI, TN, UT, WA, WV

    ProphetX Trade $10, Get $20! TANBONUS Same Game Parlays & Low VIG Subject to regulatory approval. Limited time offer. T&Cs Apply. NV

    If you're interested in learning more about their welcome bonuses specifically, check out this review of the best prediction market promos.

    Polymarket, FanDuel Predicts, Kalshi, Novig & ProphetX

    Polymarket (The High-Value Newcomer)

    Polymarket US is a CFTC-regulated DCM operating on fiat currency — deposit via ACH or debit card, no crypto wallet required. It currently leads all prediction market welcome offers, and its peer-to-peer exchange model means no house edge and no winner limits. Mobile app only.

    FanDuel Predicts (The Sportsbook-Style Prediction Market App)

    FanDuel Predicts leans into its brand's background of sportsbook and DFS experience. The prediction market app exists as a separate platform but makes it easy for those with sports betting/DFS familiarity to feel right at home. You can change the odds format to display as: Multiplier, Odds, Cents, Percent. As for pricing, expect fees of $0.02 per dollar of your original potential payout, which applies even if you decide to sell before the market settles.

    Kalshi (The Institutional Standard)

    Started by two Goldman Sachs traders, Kalshi is the gold standard for regulated U.S. trading. Valued at over $11 billion and heavily integrated with institutional liquidity providers like Tradeweb, it handles massive volume across sports, politics, and macroeconomics. It is a true fiat-based exchange operating under CFTC oversight.

    Novig (The Regulated "No-Vig" Exchange)

    Originally operating on a sweepstakes model (using "Novig Coins" and "Novig Cash"), Novig secured landmark CFTC approval in June 2026 to operate as a federally regulated prediction market nationwide. Transitioning into a true peer-to-peer financial exchange for sports, it heavily markets itself as a "No-Vig" platform, cutting out the traditional sportsbook margins by allowing users to trade directly with one another based on real-time supply and demand. By removing the house edge and punitive limits on winning traders, Novig remains a favorite among users seeking full transparency, better pricing, and an ongoing rewards incentive via its Novig Points program.

    ProphetX (The Parlay Specialist)

    Like Novig, ProphetX recently earned full CFTC approval in June 2026, officially moving away from its dual-currency sweepstakes model to operate as a federally regulated prediction market under both DCM and DCO licenses. Its primary differentiator is the ability to easily build Same Game Parlays (SGPs) across the NFL, MLB, NBA, and NHL. Using its proprietary Request for Quote (RFQ) parlay mechanism, users can construct, price, and trade multi-event combinations directly with counterparties in seconds. This allows traders to lock in parlay action while drastically undercutting the heavy margins built into traditional sportsbooks.

    More Prediction Market Apps

    As prediction markets capture market share, traditional online sportsbooks, DFS operators, and retail brokerages are launching their own exchange platforms.

    Depending on where you already hold a bankroll, these crossovers offer a convenient way to trade event contracts without opening a new account:

    Platform Deep Dives: Ecosystem Crossovers

    DraftKings & Fanatics Markets

    These platforms offer a hybrid experience, bringing CFTC-regulated trading to a familiar sportsbook interface. Fanatics stands out for its lack of deposit/withdrawal fees via ACH, while DraftKings uses a traditional betslip interface instead of a 0-100 cent scale. These are ideal for traders in states without legal sports betting.

    Sleeper Markets & PrizePicks Predict

    Powered by Kalshi's backend, these DFS operators now offer "Team Picks." This allows users who primarily play daily fantasy sports to trade 'Yes/No' shares on moneylines, spreads, and totals directly within their existing DFS apps.

    Robinhood

    A true retail trading platform. By integrating prediction markets, Robinhood allows you to manage stocks, options, retirement accounts, and event contracts (sports, politics, weather) all from one centralized hub.

    Coinbase, Crypto.com & OG.com

    Geared toward the Web3 crowd, these platforms allow you to trade sports, politics, and macroeconomics using cryptocurrency. Coinbase is highly accessible for crypto beginners, while OG.com (a standalone product from Crypto.com) caters to high-volume UI traders.

    Verse Picks

    Similar to Novig, Verse Picks is a sweepstakes model app. Its biggest advantage is cross-market parlays, allowing you to combine a sports outcome (e.g., Super Bowl winner) with an entertainment outcome (e.g., Grammy winner) on the same ticket.

    Read Next: ROLR Prediction Markets

    Pros & Cons of Prediction Market Apps

    Before you move your bankroll over to an exchange, here is a quick look at the structural benefits and the potential drawbacks of trading on these platforms compared to traditional sportsbooks:

    👍 Pros ​👎 Cons
    Better Expected Value (No Vig): Peer-to-peer trading removes the traditional 10% sportsbook tax, giving you true 1-to-1 market value. Liquidity Bottlenecks: Niche or highly specific markets might not have enough active trading volume to instantly fill larger orders.
    Fluid Trading: You aren't locked into a static bet. You can buy and sell shares in real-time to lock in profits or cut losses before an event even concludes. Steeper Learning Curve: Going through a central limit order book and trading cents-on-the-dollar can feel intimidating compared to a simple sportsbook betslip.
    Broader Access & Markets: Some federally regulated platforms may be available in states without legal online sports betting, but each app still sets its own eligibility rules. For Kalshi and Polymarket, users should check the current no-go list before signing up. Fewer Traditional Parlays: While some apps are adapting, stringing together multiple outcomes is generally more difficult than building a standard Same Game Parlay.

    Related: SI Predict Promo Code & ADI Predictstreet Promo Code

    What Can You Trade on Prediction Markets?

    Contract options and events on prediction markets are limitless. Let's look at some of the most popular trading options:

    • Politics & Elections: The 2026 midterms draw a lot of prediction market interest. Traders are projecting control of the Senate, gubernatorial races, and buying shares in contested state primary races.

    • Marquee Sports & Game Lines: Traders buy shares across the World Cup, MLB, and WNBA schedules. You can easily buy and sell shares mid-game to lock in early profits and limit your risk.

    • Economic Indicators & Pop Culture: Speculate on financial trends like Federal Reserve rate changes and inflation reports. You can also trade on entertainment outcomes, from reality TV winners to weekend box office numbers.

    Read next: Sporttrade's betting exchange model

    Prediction market availability depends on the platform, the product, and the user’s location. Users need to check the app’s live terms before signing up, as state access can change, and some markets may be restricted even when the app is available.

    Always check local regulations and the app's terms and conditions to confirm it's available in your state before trading.

    READ NEXT: Hyperliquid Promo Code

    Deep Dive: CFTC Regulation vs. State Sports Betting Laws

    The prediction market landscape is shifting. Here is why platforms like Kalshi and Polymarket operate under different rules than traditional sportsbooks:

    Federal Oversight (The CFTC)

    Prediction markets are federally regulated by the CFTC as financial derivative exchanges. This federal classification allows them to operate legally even in states that currently ban traditional sports betting, such as California and Texas.

    The 18+ Age Requirement

    Because they are classified as financial products rather than gambling, many prediction markets are open to users 18 and older. However, platforms that utilize a sweepstakes model may still enforce a strict 21+ age minimum.

    State Pushback

    State gaming boards frequently challenge the expansion of these markets, leading to ongoing legal battles over federal preemption. As a result, residents in certain states may still face access restrictions despite a platform's federal legality.

    Prediction Market Trading Strategy Tips

    To maximize your ROI, consider adopting a day-trading mindset. Here are a few strategies experienced users utilize to navigate prediction markets:

    • Target Short-Term Markets: Instead of tying up your bankroll on long-term futures, you can focus on contracts that settle the same day (such as daily MLB slates or financial data drops). This increases your bankroll velocity, allowing you to turn over capital faster.
    • Utilize Limit Orders: You have the option to set your own odds. Placing a limit order allows you to wait for the market to come to your preferred price, helping you capture better value.
    • Leverage Live Hedging: Prediction markets often keep live trading open longer than traditional sportsbooks. You can use this to your advantage by selling your shares mid-event to secure a profit or minimize losses.

    Platform Innovations: Social Synthesis & Copy-Trading

    Prediction markets are shifting from anonymous trading toward transparent community leaderboards:

    • Verified PnL: Modern apps display the actual profit-and-loss records of top traders so you can see where the most successful accounts are investing.

    • Copy-Trading: Some platforms allow you to automatically mirror the positions of these top-ranked forecasters.

    Trading the 2026 Midterm Election Markets

    Unlike lagging polls, political prediction markets react instantly to live news. Traders often navigate these election markets using the following approaches:

    • Target High-Liquidity Macro Markets: Contracts tracking control of the House or Senate attract massive volume, making them accurate barometers of national sentiment.

    • Exploit Local Primary Volatility: Localized gubernatorial or congressional primary markets are often mispriced, offering opportunities if you have deep knowledge of regional politics.

    • Capitalize on Live Debates: Contract prices swing wildly during televised debates. Keeping your account pre-funded allows you to buy temporary dips when the market overreacts.

    Why Are Sports Prediction Markets So Popular?

    After proving successful for politics, the peer-to-peer exchange model expanded into sports. Instead of standard futures, modern prediction markets offer high-volume contract trading on individual game outcomes, live in-game momentum shifts, and specific player performances.

    Beyond game variety, these platforms provide unique capital efficiency. Certain CFTC-regulated exchanges like Kalshi allow users to earn interest on account balances and open positions, a financial incentive sportsbooks cannot replicate.

    Furthermore, because they operate as financial exchanges under CFTC oversight rather than state gaming commissions, prediction markets offer a distinct, legally compliant framework for users across the country to trade sports outcomes.

    READ NEXT: Hit.com's Prediction Markets

    Trading on the 2026 World Cup

    The 2026 World Cup knockout rounds are here. Below is the upcoming U.S. broadcast schedule for these games:

    World Cup Next Games

    ⚽ Matchup ⌛ Date and Time (EDT) 📺 TV Channel
    Portugal vs Spain Monday, July 6, at 3 PM
    FOX
    USA vs Belgium Monday, July 6, at 8 PM FOX
    Argentina vs Egypt Tuesday, July 7, at 12 PM FOX
    Switzerland vs Colombia Tuesday, July 7, at 4 PM
    FOX
    France vs Morocco Thursday, July 9, at 4 PM
    FOX

    Capitalizing on WNBA Matchups

    The WNBA's nature causes price fluctuations. As you look at the upcoming slate, use these two tactics:

    • Set Limit Orders: Do not settle--place a limit order at your target value and wait for the market to fill your position.

    • Scalp Momentum Shifts: Buy undervalued shares during a team's scoring drought and sell them as soon as the momentum swings back.

    Find the best prediction market apps for WNBA here.



    Banking & Withdrawal Speeds

    Funding an exchange operates differently than a traditional sportsbook. Settlement times and available banking methods vary heavily depending on whether you are using a fiat-based platform (like Kalshi) or a crypto-based platform (like Polymarket).

    Funding Method Deposit Speed Typical Withdrawal Time
    Debit Card Instant Under 30 Minutes
    PayPal / Venmo Instant Instant - 24 Hours
    Crypto (USDC via Polygon) Network Dependent (Minutes) Network Dependent (Minutes)
    Bank Transfer (ACH) 1-3 Business Days 1-3 Business Days

    For another potential future operator, see our guide on the Matchbook promo code.

    Prediction Market Trading Tactics

     

    If you're logging into a prediction exchange for the first time during the summer, have a plan to protect your initial deposits. Standard sports betting strategies don’t work well here. You're trading against experienced traders, not a house with a built-in fee. Focus on liquidity: buying in low-volume markets can make it hard to sell later.

    • Avoid the Low-Liquidity Trap: Niche MLB prop markets or obscure international soccer matches might look tempting on the board, but a lack of active trading volume means you cannot easily sell your shares if the game turns against you. Stick to high-liquidity events like the Wimbledon Finals, where the order book is constantly moving.

    • Leverage the Zero-Vig Environment: Traditional sportsbooks survive on hidden margins. Apps like Kalshi and Novig remove that tax entirely. Dedicate some of your bankroll to hunting down mispriced shares that offer fundamentally better value than standard betting lines.

    • Master the Art of the Early Exit: You do not need your team to win the game. If you grab 'Yes' shares on an NHL underdog at 30 cents and they score first, those shares might jump to 65 cents. Sell right away to secure the 35-cent profit.

    • Keep Funds Ready for News Drops: Economic and political markets respond to breaking news instantly. Keep uninvested cash in your account to snap up undervalued shares the second a major story breaks on social media.

    READ NEXT: Plus500's Prediction Markets

    Best Practices: Risk Management & Responsible Trading

    Prediction markets frame their products with financial language ("Trading involves significant risk") rather than sportsbook terminology ("Play Responsibly"). Treat these exchanges like a brokerage account via these responsible trading techniques:

    • Trade What You Know: If you don't understand how CPI data impacts the broader economy, stick to sports markets (NFL spread markets, World Cup). Don't trade blind.

    • Never Over-Leverage: Prediction markets move fast. Never commit capital that isn't part of a calculated risk strategy.

    • Use Native Platform Limits: Leading exchanges offer deposit caps, time limits, and voluntary self-exclusion tools directly in your account settings. Use them.

    Future Market Entrants (bet365, BetMGM, Caesars)

    You may notice major sportsbook operators like Caesars and BetMGM are currently absent from the prediction market space. This is intentional. Because they hold state-level gaming licenses, they are hesitant to launch federally-regulated event contracts that directly challenge state regulators.

    However, as market share shifts toward exchanges, traditional sportsbooks are pivoting. For instance, bet365 recently exited the American Gaming Association, a move industry insiders believe could clear the path for a standalone bet365 prediction market product in the near future.

    READ NEXT: Underdog's prediction markets

    Which Prediction Market App Should You Choose?

    • Polymarket is our top overall pick thanks to its large welcome bonus and broad selection of markets.
    • FanDuel Predicts is a great choice for anyone looking for a familiar, easy-to-use prediction market app.
    • Kalshi stands out for traders looking for a federally regulated exchange with deep liquidity.
    • ProphetX is worth considering if you trade mainly sports markets.
    • Novig is a strong option for users looking for peer-to-peer pricing and rewards.

    No matter which platform you choose, compare the latest promotions, check state availability, and review the platform's terms before signing up.

    1. Polymarket: Use the Polymarket promo code ACTION to Deposit $20, Get $50 Trading Bonus!
    2. FanDuel Predicts: No FanDuel Predicts promo code is needed to Make any Trade & Get $25 in Predicts Bonus!
    3. Kalshi: Claim the Kalshi promo code ACTION to Trade $10, Get $15!
    4. Novig: Use the Novig promo code ACTION to Spend $25, Get $50 in Novig Coins!
    5. ProphetX: Snag the ProphetX promo code TANBONUS to Trade $10, Get $20!
    Dan Moran

    Dan Moran is a writer based out of Chicago, Illinois. His passion for online gaming started when he deposited his first $50 into PokerStars in college during the online poker boom of the 2000s. Since then, he’s followed the industry through its growth into daily fantasy sports, the post-PASPA sports betting world, and now prediction markets. When he’s not writing about the online gambling industry, he can be found out and about all throughout the great city of Chicago, expressing frustration over the direction of the city’s beloved sports teams.

    Education

    Dan graduated from Southern Illinois University in 2008, where he received his Bachelor of Science in Journalism.

    More from Dan Moran
    Best Prediction Market Apps FAQs
    What is the best prediction market app?

    Polymarket is the best prediction market app in the U.S., largely due to its generous welcome bonus. Not only is it a fully CFTC-regulated entity with competitive fees instead of a house edge — it also offers diverse markets and has high liquidity thanks to significant trading volume. As long as you're okay with trading on mobile rather than a desktop, Polymarket is the way to go.

    What prediction market app has the best welcome bonus?

    Polymarket currently offers the best welcome bonus of: Deposit $20, Get $50 Trading Bonus! Just claim via referral code ACTION. It ranks #1 on our list of prediction market promos because of the exclusive access and $50 value, which is 3.3x that of Kalshi's. Sure, you have to put in more, but it's still a relatively low barrier to entry.

    Are prediction markets legal?

    Yes, prediction markets such as Polymarket and Kalshi are legal in the US because they’re regulated by the Commodity Futures Trading Commission and operate under federal financial-market regulation. Still, access depends on the platform and the user’s location. Other platforms are offshore or use crypto rails and aren’t licensed in the U.S. Others still exist in more of a gray area, as they use a sweepstakes model.

    Can I earn interest on prediction markets?

    Yes, you can earn interest on prediction market apps such as Kalshi. Since these platforms are regulated as financial exchanges, they often pay interest on both uninvested cash and active "open" positions. This allows you to earn a steady yield on your bankroll similar to a high-yield savings account while you wait for your markets to resolve.

    Do prediction market apps have welcome bonuses?

    Prediction markets offer welcome bonuses just like most gambling sites. They serve as incentives for users to sign up and claim trading bonuses.

    What's the difference between sportsbooks and prediction markets?

    Sportsbooks are regulated at the state level and work with fixed odds. Prediction markets are fully regulated financial markets that function like a derivatives market and adhere to CFTC regulations. There is no "rake" at a prediction market, since users trade against each other in a peer-to-peer exchange.

    Do prediction market apps charge fees?

    Yes, most prediction market apps charge small trading fees when you buy or sell contracts, similar to a stock-market exchange. Fees vary by platform, but they're often more noticeable if you trade frequently or in large amounts. Fees may also apply if you're trading event contracts with cryptocurrency.

    How does sports event trading work?

    Instead of traditional wagers, sports event trading lets you buy shares on a particular event, with prices moving based on sentiment, news, and data analysis. You can sell early, compare odds in real time, and trade outcomes across the NFL season or other sports without relying on how sportsbooks set their lines.

    Which prediction market app is best for beginners?

    For eligible users, Kalshi is a strong starting point because the app is built around clear pricing, regulated event contracts, and beginner-friendly education. Just check your state first, as Kalshi's welcome offer isn't available in AZ, IL, MA, MD, MI, MT, NV, or OH.

    Are prediction market apps better for short-term or long-term trades?

    Prediction market apps generally perform best for short-term, high-interest events. Short-term markets (like a daily sports slate or an upcoming election debate) attract much higher liquidity, allowing you to easily enter and exit positions without having your capital tied up for months.

    Are prediction market winnings taxed differently than sportsbook winnings?

    Yes. CFTC-regulated prediction markets issue Form 1099-B and treat gains as capital transactions, not gambling income. Traditional sportsbooks issue Form W-2G. Consult a tax professional for guidance specific to your situation.