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Last Updated: 4 January 56928
PredictIt is an academic prediction market operated by Victoria University of Wellington. After winning a court case in 2025 to continue US operations, it remains popular for political markets with a loyal user base.
Market Coverage
Our analysis of market variety including politics, economics, sports, and entertainment
38/50
Usability
Our assessment of the platform interface, ease of trading, and overall user experience
41/50
Mobile App
Our take on the mobile trading experience for iOS and Android devices
35/50
Fees
Our breakdown of trading fees, withdrawal costs, and overall value
36/50
Pros
Longest-running legal US prediction market
No crypto required - trade with credit card or bank transfer
Strong community of political forecasters
Academic backing provides credibility
Lower minimum trades than competitors
Cons
850-share position limits restrict larger traders
Higher fees (10% on profits + 5% withdrawal)
Slower withdrawal processing
Limited to political/government markets
Web-only platform (no mobile app)
About PredictIt
PredictIt is an academic prediction market operated by Victoria University of Wellington. After winning a court case in 2025 to continue US operations, it remains popular for political markets with a loyal user base.
Regulatory Status
Status: CFTC No-Action Letter (Court Victory 2025)
US Legal: Yes
FAQs
