The 2026-27 college football season is underway, and college football prediction markets are a popular way for fans to get involved in the action every week. Prediction markets such as Kalshi and Polymarket allow users to trade on everything from the winner of an individual game to the Heisman Trophy winner and national champion. 

Every college football prediction market offers sign-up bonuses for new users, giving traders a head start on markets like Kalshi Heisman or Polymarket Heisman, which are two of the most popular prediction markets apps offering trading on college football's most prestigious award. This college football prediction markets guide will cover every major operator and the types of markets users can trade on.  

Where to trade college football markets

College football prediction markets continue to gain popularity, and this prediction markets guide will showcase apps like Kalshi, Polymarket, FanDuel Predicts, Underdog Predict and Novig. 

Kalshi 

One of the most popular ways for college football fans to trade on prediction markets is by using Kalshi college football markets. Kalshi has a variety of college football prediction markets available for most games, including trading on the winner, total points, team points and more. Users can trade on a successful two-point conversion, the first team to score a touchdown and the highest-scoring quarter for some games. 

There are long-term trading markets as well, such as the national championship winner and Heisman Trophy winner. The expansive options also include season wins, AP Poll predictions, College GameDay locations and conference stat leaders. This catalog makes Kalshi our pick for one of the best prediction market apps for college football.

Kalshi currently offers new users a $25 trading bonus after making at least $25 in trades. Trade on college football win totals, AP Poll predictions and more at Kalshi using the promo code CBSSPORTS to get a $25 bonus.   

You can check out our full Kalshi promo code review for complete terms and conditions. 

*Market availability may change without notice in jurisdictions including, but not limited to, AZ, AR, CT, IL, KY, LA, MD, MA, MI, MN, MT, NV, NJ, NM, NY, NC, OH, RI, TN, UT, WA & WI.

Polymarket US

Polymarket US has an array of college football prediction markets for every game as well, including the winner, winning margin, total points and team points. The Polymarket app gives its users a chance to trade on the first-half and second-half winners, along with quarter winners and the first team to score a touchdown for most games. Some of its special game options include trading on a pick six or a kickoff/punt return touchdown. 

For season-long markets, Polymarket US has a national championship market, Heisman Trophy winner, conference winners and regular-season win totals. Miami QB Darian Mensah surpassed CJ Carr for highest price after the Hurricanes first game of the season at Stanford. 

There are also various stat leader markets, such as the regular-season passing yards leader in the SEC. The Polymarket promo code CBSSPORTS currently offers new users a $50 trading bonus after a $10 deposit. Trade college football games with Polymarket US and get a $50 bonus after a $10 deposit.

You can check out our Polymarket promo code review for full terms and conditions. 

Underdog

College football prediction markets within the Underdog app are part of its Prediction Picks product; however, Underdog does not host its own markets. Event contracts are offered by one or more designated contract markets (DCMs), including UDX, Kalshi, and Crypto.com. 

The Underdog promo code also cannot be applied to straight college football prediction picks. You can still use Underdog promo code CBS if you're a new user to land a 50% deposit match up to $1,000 in bonus funds and entry into the Keep Your Million promotion. Get started with Underdog here.   

You can check out our full Underdog promo code review here. 

*Underdog not available in NV, AB, ON & US Territories. Underdog Predictions Picks are not available in AZ, CO, KY, MD, MA, MI, MS, NJ, OH, PA & TN.

50% Deposit Match Bonus Credit Details
A $10 minimum deposit is required, and bonus funds will equal half your deposit amount, up to $1000. Therefore, a $2000 deposit is required for the maximum $1000 bonus. The Bonus Funds will be credited to your Underdog account within 72 hours of your first deposit.

Bonus Funds must be used on fantasy entries and cannot be used for straight prediction picks, which are event contracts. Underdog Fantasy/Player DFS picks now appear alongside Underdog Prediction Picks or Team Picks in the app. 

Bonus funds can be used on Prediction Team Picks only if the selection is a Combo with one prediction pick and two fantasy picks, and any bonus funds applied to entries must have payout multipliers of at least 2x.

Bonus awards must be used before winnings can be withdrawn, and bonus funds expire 14 days after being issued.

Keep Your Million Promotion Details
This is an Underdog survival game. Every eligible customer will receive a $1,000,000 pot in bonus funds. Here are the steps for how it will work:

1. Pick a question, like "Will Miami win the game against Stanford by more than 24 points?"
   
   
2. Split your million: drag a slider to divide the pot between Higher and Lower. You can go 100% on one side, split it 50/50, or anything in between. All the money has to go somewhere.
   
   
3. Lock it in: once you submit your pick before the game starts, it's locked. You can't change it.
   
   
4. Keep your winnings: when the game settles, keep whatever you put on the winning side. That amount becomes your pot for the next question. If you lose, you still have whatever amount you left on the other side of your slider, unless you put it all on one side. 
   
   
5. Make a pick for 20 questions. Receive whatever's left in Underdog bonus funds.

KYM Key Terms:

Keep Your Million is available as one of the welcome offers when you sign up, alongside other offers. If you choose a different welcome offer at sign-up, you won't have access to KYM.

If you choose KYM, a minimum $10 deposit is required to unlock the game. You have up to seven days after signing up to make your deposit and unlock the game. Once your deposit is made, the game activates, and you can start making picks.

You have 21 days to begin making selections or your KYM promotional balance expires. Once you start the game, you'll have 60 days to complete all your picks or your KYM promo balance expires.

Terms and conditions apply to any bonus funds awarded.

ProphetX

ProphetX specializes in sports prediction markets and event contract trading, including markets for every major college football game all season. 

New users can sign up with ProphetX promo code CBSSPORTS and score a "Trade $50, Get $75 in Incentive Funds" welcome bonus. You must execute $50 in trades within 30 days of opening a new account to receive the $75 in trading credits paid out over three installments of $25 each every seven days. Trading credits will appear under the "Promotional Balance" in your account details.

Qualifying trades and trades placed with the Promotional Balance must be completed at prices of $0.80 or lower per event contract. Any funds in your Promotional Balance expire 45 days after issuance. Proceeds from successfully settled trades using these funds are fully withdrawable. 

For the full terms and conditions on this offer, visit our ProphetX promo code review:    

FanDuel Predicts

Like the other prediction markets on this page, FanDuel Predicts offers trading on college football markets like games and futures. However, availability of trading on sports event contracts varies by state and may not be available in states where FanDuel Sportsbook also operates. 

FanDuel Predicts currently offers new users a $25 trading bonus with a first-time real-money trade. There is no minimum amount for your first trade required to unlock this bonus. The trading bonus may take up to 72 hours to appear in your account after satisfying the first trade requirement. That $25 trading bonus can be spread out on various markets available in your specific state or used on one $25 trade. 

If a trade made using a FanDuel Predicts trading bonus wins, you will receive the profit as withdrawable cash, which is the winnings portion of such trade, and will not receive the initial bonus credit amount used to place the trade. 

The $25 trading bonus expires 7 days after receipt. There are no trade-through restrictions before being able to receive the profit from a successful trade and withdraw it as real cash. The trading bonus is used before deposited funds when trading on your FanDuel Predicts account.

You can check out our full FanDuel Predicts promo code review for all the details on this offer. 

Novig

Novig offers major markets for college football games, allowing users to trade on winning margin, total points, and team points. All of those lines are available for the first half as well, but there are not any options beyond that for most games. Novig has previously offered some long-term markets like national champion, but none of those markets were available at the start of the college football season. 

Novig currently offers new users a $25 trading bonus after a $10 deposit. The $25 bonus trading credits are issued as five $5 Trade Credits that can be applied after selecting a potential trade. Each $5 Trade Credit must be applied in full and cannot be used on Make Orders.

Trade Credits must be used on event contract prices between $0.01 and $0.60 per contract. Trade credits can only be applied to straight trades. Proceeds from successful trades may be withdrawn. Trade Credits expire 30 days after being issued. 

You can check out our full Novig promo code review here. 

*Trading not available when located in AZ, MI or NV

College football markets you can trade

While some users might stick to trading on all of the options available for college football games, there are also futures options available at college football prediction markets. Whether someone wants to trade on the Heisman Trophy or College Football Playoff, the options are abundant. 

Heisman Trophy

The Heisman Trophy is the most coveted individual trophy in college football, awarded annually to the top player in the sport since 1935. The most recent winner is Indiana quarterback Fernando Mendoza, who was the first pick in the 2026 NFL Draft. 

USC has won the most Heisman trophies with eight, followed by Ohio State, Oklahoma and Notre Dame, who all have seven. There have been 39 quarterbacks awarded the trophy, including 21 of the last 26 winners. College football prediction markets like Kalshi and Polymarket offer Heisman Trophy markets. 

Other awards markets for college football on some prediction markets include: 

• Bear Bryant Coach of the Year

• Bronko Nagurski Trophy

• Ray Guy Award 

• Paul Hornung Award

• Outland Trophy

• Eddie Robinson Award

• Biletnikoff Award

• Walter Camp Award

• Butkus Award

• Bednarik Award

• Davey O'Brien Award

• Rimington Trophy

• Maxwell Award

• Lou Groza Award

• John Mackey Award

• Jim Thorpe Award

• Doak Walker Award

• Broyles Award

College Football Playoff

The College Football Playoff, which culminates in the national championship, is a 12-team playoff held at the end of the season. The inaugural edition featured four teams in 2014, but it expanded to 12 teams in 2024. This gives users at college football prediction markets an opportunity to trade on various teams. They can also trade on teams to miss the CFP. Indiana is the defending national champion after beating Miami last season. Below are Kalshi's prices for the 2026-27 National Championship, highlighted by Ohio State at the top of the table. Prices are current as of September 8th, 2026.

• Ohio State ($0.13)
• Notre Dame ($0.12)
• Indiana ($0.11)
• Texas ($0.11)
• LSU ($0.11)
• Oregon ($0.11)
• Miami ($0.10)
• Georgia ($0.08)
• Oklahoma ($0.04)
• Texas Tech ($0.04)

Markets you can't get at a sportsbook

College football prediction markets give users an opportunity to trade on markets that are not available at traditional sportsbooks. Coaching changes are commonplace in college football, and prediction markets often post markets for candidates at a school and whether a coach is still employed by a certain date. 

Another unique market is the AP Poll market, which allows users to trade on the top-25 rankings in future weeks, along with College Football Playoff rankings. There are also often markets for conference realignment speculation and conference stat leaders. 

Trading smarter this college football season

Comparing the numbers across platforms

Getting more from your college football trades

There are certain things to be aware of to maximize your college football trading experience:

• Short-week fatigue

• Home-field advantage

• Brand-name inflation

• Fourth-down aggression 

• Turnover luck

• Prediction market fees.

What to watch before you trade

• Price movement due to injuries

• Liquidity on smaller markets

• Market settlement rules

• Weather shifts

• Breaking news

Those interested in college football may also enjoy NFL prediction markets, where many of the same season-long, player production and game-by-game markets are also available. 

Responsible Trading

Prediction markets should be used for entertainment purposes, in a fun, responsible manner. Trading involves substantial risk of loss and is not suitable for everyone. Past performance is not indicative of future results. 

Participation in prediction markets is subject to applicable eligibility requirements.  Availability may be restricted or prohibited in certain jurisdictions and participants are responsible for ensuring their participation complies with applicable laws and regulations in their jurisdiction. Prediction market content is not intended for individuals located in jurisdictions where they are prohibited. 

Concerned about your trading behavior? Call or text 1-800-MY-RESET. See the NCPG's Financial Trader Health and Safety Initiative for more information.

College football season snapshot

FAQ

What are college football prediction markets?

College football prediction markets allow users to buy and sell contracts tied to college football games along with future events, such as the national championship winner. 

Are college football prediction markets legal in the US?

Yes, college football prediction markets are licensed and regulated by the CFTC, an agency of the U.S. federal government. However, some platforms do not offer sports contracts in certain states. 

Can I trade Heisman Trophy prediction markets?

Yes, the Heisman Trophy market has been open for several months, and it will remain open with updated prices throughout the season. 

Can I sell a college football prediction market contract before the game ends?

Yes, prediction markets allow users to sell their shares before the end of an event, giving them an opportunity to secure a profit or minimize losses. 

What platform should beginners use for college football prediction markets?

Kalshi is the most popular prediction market in the United States, and its layout is simple and easy to navigate. Some users familiar with other products tied to Underdog and FanDuel might find their prediction markets appealing.

Do these markets cover conference championships, or just the College Football Playoff?

College football prediction markets cover conference championships for every major conference at most platforms.