Prediction Markets in Florida 2026

8 of 8 platforms available

CFTC-regulated event contracts are federally legal in Florida

Platform Availability

PlatformAvailableFeesRegulation
Kalshi7% × p × (1−p) per contract (taker)CFTC Regulated
Polymarket2% on net profits at withdrawal (Global) / 0.1% taker fee (US)Crypto-Based
Robinhood$0.01–$0.02 per contractState Licensed
DraftKings$0.02 per contract per side ($0.01 DK + $0.01 CME)CFTC Regulated
ForecastEx$0.01 per contract (built into spread; Yes + No = $1.01)CFTC Regulated
FanDuel$0.01+ per contract per side (CME exchange fee + FanDuel markup)CFTC Regulated
PredictIt10% on gross profits + 5% withdrawal feeCFTC Regulated
CoinbaseKalshi fees apply (7% × p × (1−p) taker); Coinbase markup TBDCFTC Regulated

Sports Betting in Florida

Legal

Legal via Seminole Tribe compact. Available through Hard Rock Bet.

About Prediction Markets in Florida

CFTC-regulated prediction markets are available in Florida. The state's large population makes it one of the biggest markets for event contracts.

Prediction markets (also called event contracts) let you trade on the outcome of real-world events — elections, economic indicators, weather, and more. Unlike sports betting, these are CFTC-regulated financial instruments traded on designated contract markets.

Since Florida has legal sports betting, residents can access both traditional sportsbooks and prediction market platforms. The two serve different purposes: sportsbooks for sports odds, and prediction markets for a wider range of event outcomes.

Compare fees and features across platforms available in Florida.

Frequently Asked Questions

Are prediction markets legal in Florida?
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Yes. CFTC-regulated prediction markets are federally regulated event contracts, not state-regulated gambling. 8 of 8 major platforms are currently available in Florida.
Which prediction market platforms work in Florida?
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Kalshi, Polymarket, Robinhood, DraftKings, ForecastEx, FanDuel, PredictIt, Coinbase are available in Florida. No platforms are currently restricted.
Is sports betting legal in Florida?
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Legal via Seminole Tribe compact. Available through Hard Rock Bet.
How do prediction market fees compare in Florida?
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Fees vary by platform. Use our fee calculator and comparison pages to find the lowest cost option available in Florida.
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