Comparison note

Robinhood

State-by-state rollout

Prediction products inside a retail brokerage app.

Robinhood is a retail brokerage that has added event-contract / prediction products in some states. Rollout is operator-defined — not a fifty-state all-clear.

Regulated
Cents / $0–$1
State-by-state — confirm in-app
As of Oct 2026

Illustrative cents / $0–$1 shares — not a live book. Comparison listing only · how cents work

Status as of October 8, 2026. Rollout is state- and product-specific; check Robinhood’s own eligibility screens. Comparison listing only — no partner or affiliate claim.

What is Robinhood?

Event contracts are offered by Robinhood Derivatives, LLC, a CFTC-registered futures commission merchant (a regulated futures broker), through other CFTC-registered exchanges: KalshiEX, ForecastEX, Rothera Exchange and Clearing, or North American Derivatives Exchange. Where those products appear, quotes typically use the same $0–$1 convention as a standalone exchange. The app is not itself the exchange. This page compares the product line. It is not a referral.

Who is Robinhood for?

People already in a Robinhood brokerage workflow who want to read — and, if eligible, trade — event contracts without opening a separate exchange login. If you’re not already on the app, compare Kalshi and the sportsbook-branded verticals on their own terms.

How do prices work on Robinhood?

Illustrative Yes · 48¢ ($0.48)

Where offered, a 48¢ Yes is a $0.48 share inside the $0–$1 band.
Do not convert the price to a Robinhood stock quote or an options premium. It is an event-contract style price, not a share of the company.
Fees, margin, and settlement details are Robinhood’s. We show cents so you can compare the quote — not so we can replace the in-app ticket.

Learn how cents / $0–$1 shares work

What can you trade on Robinhood?

Politics and elections, where the product is enabled
Economics and official prints, where listed
Other event-contract categories Robinhood chooses to surface

How is Robinhood different from other prediction markets?

The app is not itself the designated contract market, and it is not the crypto site polymarket.com.
State rollout is operator-defined. Do not copy one state’s screen onto another.
It is not FanDuel Predicts or DraftKings Predictions.

What are the fees?

Robinhood commission effective June 1, 2026, checked October 20, 2026. On a Kalshi product, 100 contracts at 50¢ cost $2.00 in fees: $1.00 commission plus $1.00 exchange fee.

Event contract commission: 10% × price × (1 − price) a contract (5% with Gold), capped at $0.01
Exchange fee (Kalshi products): $0.01 a contract, per side
Account funding: Existing brokerage rails
Minimum deposit: —

Getting started and getting paid

Minimum age: 18 or older
robinhood.com/us/en/support/articles/event-contracts-overview · checked October 27, 2026
ID check: Needs an individual brokerage account and an approved Robinhood Derivatives account
robinhood.com/us/en/support/articles/event-contracts-overview · checked October 27, 2026
Minimum deposit: —
Deposit methods: Bank transfer, debit card, or wire. Instant deposits may not be available for event contracts.
robinhood.com/us/en/support/articles/event-contracts-buying-power · checked October 27, 2026
Withdrawal methods: Winnings move to your event contract buying power. Transfer them to your brokerage account, then withdraw.
robinhood.com/us/en/support/articles/event-contracts-buying-power · checked October 27, 2026
Payout timeHow long a withdrawal takes once you request it, as Robinhood states it.: Winning proceeds reach your event contract buying power by the next business day after the event ends. The bank withdrawal after that takes additional time.
robinhood.com/us/en/support/articles/event-contracts-buying-power · checked October 27, 2026

From Robinhood’s own pages, with the date we checked each one. — means we did not find it there, so check with Robinhood.

Compare every platform →Fees, side by side →

Are there bonuses or promotions?

None verifiedNo prediction-specific promo

Robinhood’s public prediction-market and event-contract pages describe how contracts work inside the brokerage app. They do not publish a Predicts-style welcome credit. Robinhood does run a separate new-customer stock reward on the taxable brokerage account. That is a different product.

Terms highlights

Do not treat a fractional-stock signup reward as event-contract credit.
Prediction-product access is still state- and approval-specific inside the app.
Any “Robinhood prediction promo code” on a third-party page is not a source we will repeat.

Eligibility / geo. Event-contract eligibility is operator-defined and is not the same map as cash equities. Confirm in-app.

Full bonuses comparison Official source ↗nofollow · not a referral

Event-contract trading risks money you can lose. Responsible trading.

Where is Robinhood available?

Prediction products inside Robinhood roll out state by state and product by product. A user who can buy stocks in a state may still be blocked from event contracts. Confirm the in-app screen.

Eligibility screens inside Robinhood always win.
Stock-trading access is not prediction-product access.
Dated state notes on this site are snapshots, not a live API.

Robinhood by state

Available means Robinhood’s own state list names that market type in the state; Not offered means its list leaves the state out; Check status means it publishes no list for that market type, or a court or regulator action that names Robinhood makes the listing uncertain.

Find your state

State	Sports contracts	Other markets	Note
Alabama	Available	Available
Alaska	Available	Available
Arizona	Check status	Available
Arkansas	Available	Available
California	Available	Available
Colorado	Available	Available
Connecticut	Available	Available
Delaware	Available	Available
District of Columbia	Check status	Check status
Florida	Available	Available
Georgia	Available	Available
Hawaii	Available	Available
Idaho	Available	Available
Illinois	Available	Available
Indiana	Available	Available
Iowa	Available	Available
Kansas	Available	Available
Kentucky	Available	Available
Louisiana	Available	Available
Maine	Available	Available
Maryland	Not offered	Available
Massachusetts	Available	Available
Michigan	Not offered	Available
Minnesota	Available	Available
Mississippi	Available	Available
Missouri	Check status	Check status	State action ↗
Montana	Available	Available
Nebraska	Available	Available
Nevada	Not offered	Available
New Hampshire	Available	Available
New Jersey	Available	Available
New Mexico	Available	Available
New York	Available	Available
North Carolina	Available	Available
North Dakota	Available	Available
Ohio	Available	Available
Oklahoma	Available	Available
Oregon	Available	Available
Pennsylvania	Available	Available
Rhode Island	Available	Available
South Carolina	Available	Available
South Dakota	Available	Available
Tennessee	Available	Available
Texas	Available	Available
Utah	Check status	Available
Vermont	Available	Available
Virginia	Available	Available
Washington	Check status	Available
West Virginia	Available	Available
Wisconsin	Available	Available
Wyoming	Available	Available

Alabama
Sports contracts: Available
Other markets: Available
Alaska
Sports contracts: Available
Other markets: Available
Arizona
Sports contracts: Check status
Other markets: Available
Arkansas
Sports contracts: Available
Other markets: Available
California
Sports contracts: Available
Other markets: Available
Colorado
Sports contracts: Available
Other markets: Available
Connecticut
Sports contracts: Available
Other markets: Available
Delaware
Sports contracts: Available
Other markets: Available
District of Columbia
Sports contracts: Check status
Other markets: Check status
Florida
Sports contracts: Available
Other markets: Available
Georgia
Sports contracts: Available
Other markets: Available
Hawaii
Sports contracts: Available
Other markets: Available
Idaho
Sports contracts: Available
Other markets: Available
Illinois
Sports contracts: Available
Other markets: Available
Indiana
Sports contracts: Available
Other markets: Available
Iowa
Sports contracts: Available
Other markets: Available
Kansas
Sports contracts: Available
Other markets: Available
Kentucky
Sports contracts: Available
Other markets: Available
Louisiana
Sports contracts: Available
Other markets: Available
Maine
Sports contracts: Available
Other markets: Available
Maryland
Sports contracts: Not offered
Other markets: Available
Massachusetts
Sports contracts: Available
Other markets: Available
Michigan
Sports contracts: Not offered
Other markets: Available
Minnesota
Sports contracts: Available
Other markets: Available
Mississippi
Sports contracts: Available
Other markets: Available
Missouri
Sports contracts: Check status
Other markets: Check status
State action ↗
Montana
Sports contracts: Available
Other markets: Available
Nebraska
Sports contracts: Available
Other markets: Available
Nevada
Sports contracts: Not offered
Other markets: Available
New Hampshire
Sports contracts: Available
Other markets: Available
New Jersey
Sports contracts: Available
Other markets: Available
New Mexico
Sports contracts: Available
Other markets: Available
New York
Sports contracts: Available
Other markets: Available
North Carolina
Sports contracts: Available
Other markets: Available
North Dakota
Sports contracts: Available
Other markets: Available
Ohio
Sports contracts: Available
Other markets: Available
Oklahoma
Sports contracts: Available
Other markets: Available
Oregon
Sports contracts: Available
Other markets: Available
Pennsylvania
Sports contracts: Available
Other markets: Available
Rhode Island
Sports contracts: Available
Other markets: Available
South Carolina
Sports contracts: Available
Other markets: Available
South Dakota
Sports contracts: Available
Other markets: Available
Tennessee
Sports contracts: Available
Other markets: Available
Texas
Sports contracts: Available
Other markets: Available
Utah
Sports contracts: Check status
Other markets: Available
Vermont
Sports contracts: Available
Other markets: Available
Virginia
Sports contracts: Available
Other markets: Available
Washington
Sports contracts: Check status
Other markets: Available
West Virginia
Sports contracts: Available
Other markets: Available
Wisconsin
Sports contracts: Available
Other markets: Available
Wyoming
Sports contracts: Available
Other markets: Available

State action: a court or regulator action in that state names Robinhood. Read it before you trade.

Source: Robinhood event contracts overview (Oct 1) ↗ · checked October 28, 2026. The app’s own eligibility screen is final.

Your state’s label counts every app we track. Open your state page →

California Texas Illinois New York Florida All state guides

Robinhood prediction markets ↗ · checked October 8, 2026
Robinhood event contracts risk disclosure ↗ · checked October 8, 2026

Visit operator site ↗ · nofollow · not a referral

Pros and cons

Pros

Familiar retail brokerage UX if you already have an account
USD framing and cents / $0–$1 quotes where the product is live
No separate crypto wallet required for this comparison entry
Useful for readers who want event contracts next to a brokerage home screen

Cons

Not available in every state, and not on the same map as cash equities
Catalog can be narrower than a standalone event-contract exchange
Rollout language goes stale quickly — re-check the app
No partnership or funding incentive from this site

Common questions

Does Robinhood offer prediction markets?

In some states, through Robinhood Derivatives and other CFTC-registered exchanges. The footprint is operator-defined. Confirm in-app rather than trusting a third-party map — including ours.

How are Robinhood prediction prices quoted?

Where offered, they typically use $0–$1 / cents language. A 48¢ Yes is $0.48 per contract.

If I can trade stocks, can I trade event contracts?

Not automatically. Product approvals and geofences differ. Read the state guide, then the in-app eligibility screen.

Is PredictionMarketsUSA.com a Robinhood partner?

No. Comparison listing only.

Prices discussed here are cents or $0–$1 shares only. Informational — not legal advice, and not a solicitation.

Also on the board

Other prediction market platforms

No side. We date the snapshot.

Sourced from public filings, operator terms, and official materials — not from a partner desk.

As of Oct 2026. View methodology