Bernstein forecasts $10 billion in World Cup betting on prediction markets
Research firm Bernstein forecasts $10 billion in betting volume on prediction markets during the 2026 FIFA World Cup, calling the tournament a 'potential watershed moment' for the sector in a June 11 research note. The bank sees the event driving mainstream adoption and expanding liquidity across platforms offering event contracts on match outcomes. Bernstein identified Coinbase as a major beneficiary of the surge, while separate coverage noted that Robinhood and Coinbase are both entering the World Cup event contracts space. The projections come as jurisdictions increasingly explore regulation of sports-tied event contracts.
A $10 billion volume forecast gives Coinbase and Robinhood a concrete revenue target to pitch institutional investors ahead of product launches. If realized, the figure would validate event contracts as a material trading vertical rather than a speculative niche.
Bernstein's $10 billion forecast lands alongside Robinhood's split routing of World Cup contracts to Rothera and Kalshi, DRW and Wintermute building dedicated desks for major platforms, and FanDuel Predicts securing a second exchange partner — all as the CFTC proposes new sports contract rules.