How to Trade on Music Markets

From Billboard charts to Spotify streams, music prediction markets let fans profit from their industry knowledge with the right tools.

Music Trading Markets Primer

Music is the universal language, but it’s also an industry filled with competition, hype, and drama making it prime grounds for future event trading. Top prediction platforms now offer numerous music markets for real-money trading.

Each year has its breakout stars, summer songs, and top-charting albums, all of which inspire legal prediction markets. Read on for all the information and tips you need to get started trading based on your music predictions.

How to bet on music markets (and why is it legal)?

Firstly, prediction market platforms are venues where users can trade on the likelihood of an event occurring. If you think a song will be No. 1 on the Billboard Hot 100, you can go to that market on a prediction market platform and trade on its chances.

But how does it actually work?

How do music prediction markets work?

There are many music prediction markets to choose from, but choose the one you feel most confident in as your first try. For example, if you’re a huge A$AP Rocky fan, there’s a market for whether A$AP will have a #1 album this year.

If you see his chances are at 20% and you believe it’s a fair price or his chances are even higher, you can buy a “yes” share for around 20 cents. If you believe his chances are lower, you can purchase a “no” share for around 80 cents.

If you are correct and bought 100 “yes” shares, you will make a $41.88 profit. However, if you are wrong, you lose 100% of your investment.

Each contract on a correct prediction return $1, which would mean an 80-cent profit for each Yes share, if he did indeed end up with a No. 1 ranked album this year. Prediction market platforms offer opportunities for music fans to earn money from their passion for their favorite genres and artists.

Where to trade on your music predictions

There are many prediction market platforms available for trading. The two most popular platforms are Kalshi and Polymarket

Kalshi is a CFTC-regulated platform and can be used by U.S. traders legally. However, U.S. users are unable to trade on Polymarket, at least for now. While Polymarket is a crypto-based platform not legal to U.S. customers, the site was approved to return to offering markets in the states in 2025.

What markets can you trade on

There are over 75 music markets on Kalshi alone. This allows traders to bet on their preferred genres and artists. In terms of specific markets, they typically fall into certain categories.

Billboard charts prediction markets

There is a range of markets relating to Billboard and its charts. There is a collection of markets specific to artists, and

  • Whether they will have a No. 1 song or album this year?
  • What is this week’s No. 1 song or album?
  • How many consecutive weeks a song or album will be at No. 1?

Spotify music markets

Besides Billboard, Spotify is another popular music market.

  • How many streams a new release will receive within its first week?
  • Which song will top the charts, such as Top Global Song or Top USA Artist?
  • Which songs will hit the billion-streaming mark?
  • Which song will reach four, three, two, and one billion streams this year?

General music trading markets

The last category is just general music markets.

  • Will an artist release a song or album this year?
  • Award show markets, such as the Grammys or the American Music Awards. 
  • Whether Taylor Swift will announce a new original album this year?
  • Who will be the top artist on Spotify this year?

Latest Entertainment Prediction News

Tips for trading on music prediction markets

1. Watch Playlist Placement Closely
Where a song appears on Spotify playlists like New Music Friday or Today’s Top Hits can reveal a lot. Top positions often indicate strong momentum, while lower positions suggest a more difficult climb.
2. Track Daily Streaming Trends

Keep an eye on how a song’s streams fluctuate each day. Increasing numbers = growing momentum. Flat or dropping streams? That could signal trouble.

3. Look Beyond Spotify

YouTube views, TikTok activity, and social chatter (especially on X/Twitter) help create a complete picture of a song’s popularity. Don’t rely on a single platform alone.

4. Consider the Artist’s Track Record

Has this artist charted highly before? A strong Billboard history or past No. 1s can increase the odds of a repeat performance.

5. Use Multiple Data Sources

Avoid the echo chamber. Combine playlist data, streaming counts, social trends, and fan prediction accounts, like @talkofthecharts, to cross-reference and sharpen your forecast.

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