US legal framework for prediction markets, CFTC regulation, and what's allowed under federal commodities law.
Every figure on this page is checked against primary sources — regulator filings, exchange documentation and official results. Prices and rules change; verify with the operator before trading.
Event contracts are regulated federally as derivatives under the Commodity Exchange Act, a separate framework from state gambling licensing.
Federally-designated contract markets operate under federal law. Some states have challenged specific sports contracts, so eligibility can change — check the venue's state list.
Yes. Gains are reportable income. Treatment can differ from gambling winnings, so keep statements and speak to a tax professional about your situation.
The CFTC issued an interim final rule and a new proposal on October 9, 2026. What each one says, what is in effect, the full 2026 timeline and what it means for soccer contracts.
