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Politics·Prediction Markets

Law banning sports prediction markets enacted in 2026?

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Politics·Prediction Markets

Law banning sports prediction markets enacted in 2026?

11% chance
Polymarket
NEW
11% chance
Polymarket
NEW
This market will resolve to "Yes" if any bill with the effect of banning CFTC-regulated prediction markets from offering sports betting contracts is signed into law by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No". Any bill that prohibits federally regulated prediction markets from offering sports betting contracts, or otherwise places such activities under state-level gambling regulation rather than federal regulatory oversight, will qualify for a “Yes” resolution. Qualifying legislation may include joint resolutions and must pass both the House and the Senate, and must be signed by the President, become law without signature while Congress remains in session, or become law through veto override. Presidential pocket vetoes that expire resolve to "No". The primary resolution source for this market will be official information from the US federal government and the Commodity Futures Trading Commission (CFTC); however, a consensus of credible reporting will also be used.Bipartisan legislation introduced March 23 by Senators John Curtis and Adam Schiff, the Prediction Markets Are Gambling Act, seeks to amend the Commodity Exchange Act and prohibit CFTC-registered designated contract markets like Kalshi from offering sports event contracts resembling gambling. Despite this and over a dozen similar bills since January targeting insider trading or specific bets, none have advanced past introduction amid the 119th Congress's packed agenda and looming lame-duck session. CFTC's recent advance notice of proposed rulemaking on event contracts, with comments due April 30, signals regulatory oversight over outright bans, while platforms implement self-imposed insider trading restrictions. Traders' 89.5% implied probability for "No" reflects historical low passage rates for restrictive gambling bills and the sports betting industry's $64 billion scale.

This market will resolve to "Yes" if any bill with the effect of banning CFTC-regulated prediction markets from offering sports betting contracts is signed into law by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".

Any bill that prohibits federally regulated prediction markets from offering sports betting contracts, or otherwise places such activities under state-level gambling regulation rather than federal regulatory oversight, will qualify for a “Yes” resolution.

Qualifying legislation may include joint resolutions and must pass both the House and the Senate, and must be signed by the President, become law without signature while Congress remains in session, or become law through veto override. Presidential pocket vetoes that expire resolve to "No".

The primary resolution source for this market will be official information from the US federal government and the Commodity Futures Trading Commission (CFTC); however, a consensus of credible reporting will also be used.
Volume
$9,383
End Date
Jun 30, 2026
Market Opened
Mar 27, 2026, 1:53 PM ET

Resolver

0x65070BE91...
This market will resolve to "Yes" if any bill with the effect of banning CFTC-regulated prediction markets from offering sports betting contracts is signed into law by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No". Any bill that prohibits federally regulated prediction markets from offering sports betting contracts, or otherwise places such activities under state-level gambling regulation rather than federal regulatory oversight, will qualify for a “Yes” resolution. Qualifying legislation may include joint resolutions and must pass both the House and the Senate, and must be signed by the President, become law without signature while Congress remains in session, or become law through veto override. Presidential pocket vetoes that expire resolve to "No". The primary resolution source for this market will be official information from the US federal government and the Commodity Futures Trading Commission (CFTC); however, a consensus of credible reporting will also be used.
This market will resolve to "Yes" if any bill with the effect of banning CFTC-regulated prediction markets from offering sports betting contracts is signed into law by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No". Any bill that prohibits federally regulated prediction markets from offering sports betting contracts, or otherwise places such activities under state-level gambling regulation rather than federal regulatory oversight, will qualify for a “Yes” resolution. Qualifying legislation may include joint resolutions and must pass both the House and the Senate, and must be signed by the President, become law without signature while Congress remains in session, or become law through veto override. Presidential pocket vetoes that expire resolve to "No". The primary resolution source for this market will be official information from the US federal government and the Commodity Futures Trading Commission (CFTC); however, a consensus of credible reporting will also be used.Bipartisan legislation introduced March 23 by Senators John Curtis and Adam Schiff, the Prediction Markets Are Gambling Act, seeks to amend the Commodity Exchange Act and prohibit CFTC-registered designated contract markets like Kalshi from offering sports event contracts resembling gambling. Despite this and over a dozen similar bills since January targeting insider trading or specific bets, none have advanced past introduction amid the 119th Congress's packed agenda and looming lame-duck session. CFTC's recent advance notice of proposed rulemaking on event contracts, with comments due April 30, signals regulatory oversight over outright bans, while platforms implement self-imposed insider trading restrictions. Traders' 89.5% implied probability for "No" reflects historical low passage rates for restrictive gambling bills and the sports betting industry's $64 billion scale.

This market will resolve to "Yes" if any bill with the effect of banning CFTC-regulated prediction markets from offering sports betting contracts is signed into law by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".

Any bill that prohibits federally regulated prediction markets from offering sports betting contracts, or otherwise places such activities under state-level gambling regulation rather than federal regulatory oversight, will qualify for a “Yes” resolution.

Qualifying legislation may include joint resolutions and must pass both the House and the Senate, and must be signed by the President, become law without signature while Congress remains in session, or become law through veto override. Presidential pocket vetoes that expire resolve to "No".

The primary resolution source for this market will be official information from the US federal government and the Commodity Futures Trading Commission (CFTC); however, a consensus of credible reporting will also be used.
Volume
$9,383
End Date
Jun 30, 2026
Market Opened
Mar 27, 2026, 1:53 PM ET

Resolver

0x65070BE91...
This market will resolve to "Yes" if any bill with the effect of banning CFTC-regulated prediction markets from offering sports betting contracts is signed into law by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No". Any bill that prohibits federally regulated prediction markets from offering sports betting contracts, or otherwise places such activities under state-level gambling regulation rather than federal regulatory oversight, will qualify for a “Yes” resolution. Qualifying legislation may include joint resolutions and must pass both the House and the Senate, and must be signed by the President, become law without signature while Congress remains in session, or become law through veto override. Presidential pocket vetoes that expire resolve to "No". The primary resolution source for this market will be official information from the US federal government and the Commodity Futures Trading Commission (CFTC); however, a consensus of credible reporting will also be used.

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Frequently Asked Questions

"Law banning sports prediction markets enacted in 2026?" is a prediction market on Polymarket where traders buy and sell "Yes" or "No" shares based on whether they believe this event will happen. The current crowd-sourced probability is 11% for "Yes." For example, if "Yes" is priced at 11¢, the market collectively assigns a 11% chance that this event will occur. These odds shift continuously as traders react to new developments and information. Shares in the correct outcome are redeemable for $1 each upon market resolution.

"Law banning sports prediction markets enacted in 2026?" is a newly created market on Polymarket, launched on Mar 27, 2026. As an early market, this is your opportunity to be among the first traders to set the odds and establish the market's initial price signals. You can also bookmark this page to track volume and trading activity as the market gains traction over time.

To trade on "Law banning sports prediction markets enacted in 2026?," simply choose whether you believe the answer is "Yes" or "No." Each side has a current price that reflects the market's implied probability. Enter your amount and click "Trade." If you buy "Yes" shares and the outcome resolves as "Yes," each share pays out $1. If it resolves as "No," your "Yes" shares pay $0. You can also sell your shares at any time before resolution if you want to lock in a profit or cut a loss.

The current probability for "Law banning sports prediction markets enacted in 2026?" is 11% for "Yes." This means the Polymarket crowd currently believes there is a 11% chance that this event will occur. These odds update in real-time based on actual trades, providing a continuously updated signal of what the market expects to happen.

The resolution rules for "Law banning sports prediction markets enacted in 2026?" define exactly what needs to happen for each outcome to be declared a winner — including the official data sources used to determine the result. You can review the complete resolution criteria in the "Rules" section on this page above the comments. We recommend reading the rules carefully before trading, as they specify the precise conditions, edge cases, and sources that govern how this market is settled.