PrizePicks News & Prediction Market Coverage
Track the latest PrizePicks news across prediction markets. Prediction News is following 5 active PrizePicks stories across regulation, legal action, market moves, and platform developments, each clustered from original reporting and summarized for operators, traders, and regulators.
Latest News
PrizePicks suspends Missouri team picks as Kalshi fights state pressure
TradingKalshi shows blank slate for Olympiacos as rivals list Champions League odds
OpinionKalshi and Polymarket push into drug and TV betting amid insider-trading and tax warnings
DealsProphetX raises $35M to scale sports-native prediction market
TradingWorld Cup drives record prediction market volumes as Congress weighs bans
Frequently Asked Questions
What are Team Picks and Culture Picks on PrizePicks?
Team Picks and Culture Picks are event contracts offered by Performance Predictions II, LLC d/b/a PrizePicks Predict; they allow predictions on team outcomes, sports events, pop culture, and entertainment.
Is PrizePicks CFTC regulated?
Event contracts on PrizePicks are offered by Performance Predictions II, LLC, a CFTC-registered FCM and NFA Member; DFS contests are offered separately.
What states is PrizePicks available in for event contracts?
Event contracts are available in a subset of states where the platform operates, with some contracts unavailable in certain states; all event contract customers must be U.S. residents aged 18+.
Does PrizePicks partner with Kalshi or Polymarket?
Yes, PrizePicks has partnerships with both Polymarket and Kalshi to offer their event contracts on the platform.
How do PrizePicks prediction markets differ from its daily fantasy contests?
Daily fantasy contests focus on player performance picks, while prediction markets involve Yes/No event contracts on real-world outcomes powered by partner platforms.