Pennsylvania Prediction Markets: Legal Status & Where to Trade

Prediction markets have become increasingly popular in recent years, allowing consumers to put money on the outcomes of events across sports, entertainment, news, politics, and more. However, unlike sportsbooks and casinos in Pennsylvania, prediction market exchanges are regulated by the CFTC. 

PA prediction markets: Where to trade in Pennsylvania

Those looking to trade on PA prediction markets can do so by accessing federally regulated online prediction markets, including Kalshi, Polymarket, and Novig. We've highlighted our picks for some of the best prediction market apps below among those operating in Pennsylvania. 

Kalshi 

Sports prediction markets are available in PA on Kalshi, and the latest Kalshi promo code CBSSPORTS unlocks a $25 trading bonus for new users after trading $25 in prediction markets. These markets include NFL trading on various event contracts involving both the Eagles and Steelers, as well as Penn State and Pitt in college football. 

Kalshi Promo Key Terms

• 18+ and have a legal, U.S. residential address within a state where Kalshi operates 

• Make at least $25 in prediction market trades on Kalshi within 30 days of opening a new Kalshi account.

• Users will receive a $25 trading credit which is non-withdrawable and non-transferrable

• The full amount of the bonus credit must be traded on Kalshi Prediction Markets within 7 days before any profit can be withdrawn or the bonus will be forfeited 

Polymarket US

Sports prediction markets are available in PA on the Polymarket app, and the latest Polymarket promo code CBSSPORTS unlocks a $50 trading bonus for new users after depositing $10+. Markets on both professional and college teams in PA are available at Polymarket US. 

It's important to note that the desktop site Polymarket.com is not the licensed product by the CFTC and is not available in the U.S.; those interested will need to download the regulated Polymarket app. A desktop version at Polymarket.us is currently in beta testing. 

Polymarket Promo Key Terms

• This offer is available to users who are 18 years of age or older and hold a valid U.S. residential address in a state where Polymarket US is authorized to operate.

• New Polymarket US users only. Existing users are not eligible.

• A minimum deposit of $10 is required to qualify for the $50 trading bonus.

• The $50 trading bonus will be credited as trading credits and is non-withdrawable. Credits cannot be redeemed for cash, transferred, or exchanged.

• Trading credits must be used within the Polymarket US platform 

• Your qualifying deposit must be used before your trading credits are applied to a trade.

• Profits from trades are added to your account balance and can be withdrawn.

• If a trade settles at a loss your real cash funds are used to cover the loss before any trading credits and any remaining credits can be used on more trades

• Trading credits expire after 30 days and any remaining credits will be removed from your account

• Any Credit supporting an open position at expiration will no longer be available for new position entry and will be removed when the position is closed, settled, or liquidated. 

• Market availability varies by state and may change over time

• For full terms and conditions, visit Polymarket.us.

Novig 

Novig is one of the newest PA prediction markets, and sports event contract trading is available in PA, after it received a licence from the CFTC. The latest Novig promo code unlocks a $25 trading bonus after a first-time deposit of $10+. No special code is required during sign up. 

*A first-time deposit of $10+ is required to claim the new user welcome bonus; however, Novig does have a $1 minimum deposit amount for all future deposits. 

Novig Promo Key Terms

• Must be 21+ and physically located in a state where Novig operates, which includes Pennsylvania

• Must deposit $10+ to qualify and receive $25 in bonus trading credits

• Bonus trade credits cannot be withdrawn from your Novig account. 

• Bonus credits must be used to place trades on prediction markets within Novig, at prices no less than $0.01 and no greater than $0.60 per Contract..

• $25 bonus trading credits are issued as five single-use $5 Trade Credits 

• No more than one Trade Credit can be applied to any single trade 

• If the value of a Trade Credit exceeds the amount applied to a trade, the unused remainder is forfeited and does not carry over to any subsequent trade. 

• Proceeds from successful trades with bonus credits may be withdrawn.

• Trade Credits expire 30 days after being issued. 

Trading on Pennsylvania sports teams

Pennsylvania sports fans have plenty of trading options available to them. Below are the popular Pennsylvania teams and their trading price to win their respective championships via Kalshi. Prices are current as of September 8, 2026.

Philadelphia Eagles (5¢)

The Eagles remain one of the NFL's elite teams. Quarterback Jalen Hurts and running back Saquon Barkley are two of the most recognizable names in football, bringing plenty of eyes to Philadelphia as it attempts to make the playoffs for the sixth straight season. 

Pittsburgh Steelers (1¢)

While not as highly regarded as the Eagles, the Steelers are still one of the most iconic franchises in professional football. With new head coach Mike McCarthy replacing Mike Tomlin, Pittsburgh will take on a new look for the first time in almost 20 years. Quarterback Aaron Rodgers and edge rusher TJ Watt highlight the offense and defense, respectively.

Philadelphia Phillies (7.7¢)

Like the football team they share a city with, the Phillies have been a consistent playoff squad in recent years. Outfielder Bryce Harper, a two-time MVP, and designated hitter Kyle Schwarber lead one of the more potent offenses in the National League. Names like Cristopher Sanchez and Jesus Luzardo hold down a pitching rotation that hopes to lead the team on an October run.

Pittsburgh Pirates (0.1¢)

Although the Pirates are not in a window of championship contention, there is plenty to be excited about in Pittsburgh. A strong young pitching rotation highlighted by Paul Skenes is the most encouraging part of the roster, while the bullpen provides another group of quality arms. However, significant improvement is needed before the Pirates can hope to hang with the cream of the crop in the National League.

Philadelphia Flyers (2¢)

The Flyers made their first playoff appearance in five seasons last year, earning valuable experience for their young core. Head coach Rick Tocchet will look to continue to get the most from his players as Philadelphia stakes its claim to a crowded Metropolitan Division.

Pittsburgh Penguins (2¢)

Center Sidney Crosby has long anchored Pittsburgh's team, and he will continue to do so throughout the 2026-27 season. The 39-year-old will lead a Penguins squad that made the playoffs last season before being defeated in the opening round. If they are to go any further this year, young players like Ben Kindel and Egor Chinakhov must continue to improve.

Philadelphia 76ers (10¢)

The 2026-27 season should be an exciting one for the 76ers. A starting five consisting of Tyrese Maxey, VJ Edgecombe, Jaylen Brown, LeBron James, and Joel Embiid has a strong argument as the best group in basketball. A bench with solid role players like Dean Wade and Anfernee Simons rounds out a team with legitimate hopes to represent the Eastern Conference in the NBA Finals.

Philadelphia Union (2¢)

The Union have endured a brutal year only a season after falling just short of the MLS Cup. Head coach Ryan Richter was called into action after Bradley Carnell was fired with the goal of improving a roster on which nearly every player was underperforming. A pipeline of talented young players provides a small silver lining that should pay dividends in later seasons.

Penn State Nittany Lions (2¢)

Expectations are high for the new iteration of the Nittany Lions. Former Iowa State head coach Matt Campbell is at the helm, bringing a host of former Cyclones with him. A schedule that features three teams ranked in the preseason top 25 will provide ample tests for Penn State while providing a realistic path to the College Football Playoffs.

Are Prediction Markets Available in Pennsylvania?

Yes, prediction markets like Kalshi and Polymarket are currently accessible and operating in Pennsylvania. These prediction market platforms operate as designated contract markets overseen federally by the Commodity Futures Trading Commission (CFTC) rather than state gaming regulators.

Prediction markets are currently outside the control of the Pennsylvania Gaming Control Board and lack standard state gaming safeguards like a minimum participation age of 21 or self-exclusion tools. 

For all the latest news, visit our page covering the legality of prediction markets.

Recent Legal Updates 

The Pennsylvania legislature introduced a middle-ground regulatory approach on July 22, 2026, titled House Bill 2711, aiming to legally permit prediction markets like Kalshi and Polymarket US under state-administered consumer protection rules rather than banning them. 

Proposed state legislation for House Bill 2711 includes:

• Age & Exclusion Limits: Requires a minimum participant age of 21 and integrates self-exclusion registry protocols.

• Insider Trading Bans: Prohibit trading by individuals with material non-public information and penalize structural market manipulation.

• Prohibited Markets: Prohibits contracts on high school or minor sports, personal health metrics, and catastrophic "death markets."

• Enforcement: Offers the state Attorney General enforcement capabilities with penalties reaching up to $1 million per day for unrectified violations.

Pennsylvania-specific things to know

Prediction markets like Kalshi and Polymarket are not licensed or supervised by the Pennsylvania Gaming Control Board. They operate as federally licensed event contract markets under the CFTC. This allows them to offer sports markets, like NFL prediction markets. Meanwhile, brands like FanDuel, which has a state gaming license to operate a sportsbook does not offer sports prediction markets, choosing to keep sports in its state-regulated sportsbook products. 

On July 22, 2026, Lawmakers introduced bipartisan legislation (House Bill 2711) in hopes of establishing a formal state licensing and tax framework for prediction markets in Pennsylvania to add further protections for consumers. 

Responsible Trading on Prediction Markets in PA

Prediction market trading should be used for entertainment purposes in a fun, responsible manner. Trading is risky and involves a risk of loss; always trade responsibly.

Responsible Trading toolkits on prediction market platforms involve:

• Deposit Limits
• Session Time Limit
• Timeout
• Self-Exclusion
• Close Your Account
• Contact Helplines

FAQ

Are prediction markets available in Pennsylvania right now?

Yes, prediction markets are available in Pennsylvania, but they are currently outside the Pennsylvania Gaming Control Board's control and lack standard state gaming safeguards, such as a minimum participation age of 21 or self-exclusion tools. 

Which prediction market operators are active in Pennsylvania?

Kalshi, Polymarket US, FanDuel Predicts, ProphetX and Novig are all active in Pennsylvania. Note that availability of specific market categories varies by state and sports markets are not available on all platforms in Pennsylvania.

What bonuses are available for Pennsylvania traders?

Polymarket US offers new users in Pennsylvania a $50 trading bonus after depositing $10 or more, while new users at Kalshi can a $25 bonus trading credit after trading $25+. 

What's the minimum age to trade prediction markets in Pennsylvania?

The minimum age to trade prediction markets in Pennsylvania is currently 18.

Does every platform face the same legal situation in Pennsylvania?

No, not every prediction market platform faces the same legal situation in Pennsylvania. Traditional, independent event-contract exchanges operate in a federal regulatory gray area, whereas commercial sportsbook operators face strict state-level prohibitions when attempting to integrate these specific digital prediction products locally. Platforms that offer regulated sportsbooks in PA generally do not offer sports contracts in their prediction market platform.

Event contracts trading involves a risk of substantial loss and is not suitable for all investors. Past performance is not indicative of future results. Participation in prediction markets is subject to applicable eligibility requirements.  Participation 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 markets content is not intended for individuals located in jurisdictions where they are prohibited. Additional help and resources are available through the NCPG's Financial Trader Health and Safety Initiative. You can also call or text 1-800-MY-RESET.