8 of 8 platforms available
CFTC-regulated event contracts are federally legal in West Virginia
| Platform | Available | Fees | Regulation |
|---|---|---|---|
| Kalshi | ✓ | 7% × p × (1−p) per contract (taker) | CFTC Regulated |
| Polymarket | ✓ | 2% on net profits at withdrawal (Global) / 0.1% taker fee (US) | Crypto-Based |
| Robinhood | ✓ | $0.01–$0.02 per contract | State 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 |
| PredictIt | ✓ | 10% on gross profits + 5% withdrawal fee | CFTC Regulated |
| Coinbase | ✓ | Kalshi fees apply (7% × p × (1−p) taker); Coinbase markup TBD | CFTC Regulated |
Legal since August 2019. Regulated by the West Virginia Lottery.
CFTC-regulated prediction markets are available in West Virginia.
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 West Virginia 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 West Virginia.