ARE PREDICTION MARKETS GAMBLING? THE LEGAL & PRACTICAL ANSWER
Are prediction markets gambling or trading? The legal answer in 2026 — and what it means for you in practice.
Catie Di Stefano
Editor-in-Chief
Catie Di Stefano has spent 15 years in the regulated gambling industry, starting at Betsson Group in Malta and spending nearly five years at Gaming Innovation Group (GiG) — including a 2018 relocation to Marbella, Spain as a B2B CRM Executive to lead the launch of Hard Rock Online Casino and Sportsbook after the repeal of PASPA — before going independent, including a later licensed engagement with Hard Rock Hotel & Casino Atlantic City under a New Jersey DGE vendor license. She went on to build the OnlineGamblers.com brand from the ground up and hold marketing director roles at Smartico.ai and Vegas Kings, and has been named to multiple iGamingExpress industry rankings, including the Top 70 Most Influential Women in iGaming. She now covers regulated prediction markets full-time.
HOW DO PREDICTION MARKETS WORK? A COMPLETE GUIDE
Prediction markets aggregate the wisdom of crowds into probabilities — here's the mechanics, the math, and the evidence they actually work.
APPS LIKE KALSHI: 6 PREDICTION MARKET APPS WORTH TRYING IN 2026
The best apps similar to Kalshi for US traders — from Polymarket to Rebet to OG — compared on legality, fees, and mobile experience.
WHAT IS POLYMARKET? A PLAIN-ENGLISH EXPLAINER
Polymarket is one of the world's two largest prediction markets — a CFTC-licensed exchange where US traders buy YES/NO contracts on real-world events in US dollars via its app.
POLYMARKET TRADING STRATEGIES THAT ACTUALLY WORK
Five repeatable edges on Polymarket — liquidity timing, news lag, correlated markets, settlement arbitrage, and bankroll math.
POLYMARKET OSCARS BETTING GUIDE
How Oscars markets work on Polymarket, why the prices move fastest on precursor-award news, and which categories give traders the best edge.
HOW TO BET ON THE SUPER BOWL ON POLYMARKET
Polymarket's Super Bowl markets explained — contract types, pricing in cents, MVP and prop books, and how they compare with Kalshi.
POLYMARKET 2026 WORLD CUP: RESULTS & WHAT TRADERS LEARNED
How Polymarket's 2026 FIFA World Cup markets — more than $200M traded in total — priced the tournament, where it was right, where it missed, and the lessons for the next big sports market.
HOW TO WITHDRAW FROM POLYMARKET
Cash out Polymarket US winnings in dollars from the app. How the withdraw flow works, what to check on the withdraw screen, and tax record-keeping.
HOW TO DEPOSIT ON POLYMARKET (US APP GUIDE)
How US traders fund Polymarket: deposit US dollars in the Polymarket US app after ID verification. Steps, what to check before you confirm, and the $10 bonus deposit.
HOW TO BET ON POLYMARKET: A COMPLETE TUTORIAL
Step-by-step: download the Polymarket US app, verify your ID, fund in dollars, place your first trade, and cash out. The full Polymarket walkthrough for US traders.
PREDICTION MARKETS AND TAXES (US) — 2026 GUIDE
How Kalshi and Polymarket winnings are taxed, what forms to expect, and how to keep records the IRS will accept.