PredictIt review
Updated September 28, 2026 · WagerCue Editorial Team · Facts checked September 26, 2026
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Our verdict
PredictIt is a US venue for event contracts on politics and economics, and it suits readers who want those outcomes under federal oversight.
Key facts
- Best for
- Regulated US event contracts on politics and economics, for readers comfortable paying on profit and on withdrawal.
- Regulators
- U.S. Commodity Futures Trading Commission, Division of Market Oversight, U.S. Commodity Futures Trading Commission↗
- Fee model
- 10% of profits plus 5% withdrawal fee↗
- Market types
- Politics, Economics↗
- Legal entity
- Victoria University of Wellington↗
- Headquarters
- United States↗
- Founded
- 2014↗
- Official website
- predictit.org
Facts checked September 26, 2026, 2 sources
Pros and cons
Pros
- Permission from U.S. Commodity Futures Trading Commission, Division of Market Oversight and U.S. Commodity Futures Trading Commission puts a named federal body on record for the contracts.
- The cost is stated in one line: 10% of profits plus 5% withdrawal fee, with no per-stake margin to work around.
- A narrow focus, with markets listed as politics and economics rather than a mixed lobby.
- Operating since 2014 from US, which gives the venue some staying power.
Cons
- The charge cuts both ways: 10% of profits plus 5% withdrawal fee.
- Coverage is limited to politics and economics, so there is no sport or crypto list to trade.
- The base country is US and the permissions listed are US only, so readers in other countries are not covered.
Who it suits
- US adults who want political and economic questions priced by a market under a named federal regulator.
- Readers who prefer a charge on results to a margin taken on every stake, as set out in 10% of profits plus 5% withdrawal fee.
- People who already follow election and macroeconomic forecasting and want a tradable price on those questions.
Who should look elsewhere
- Manifold Markets, if play-money trading with no cash-out is the aim rather than a real-money price.
- Divvy Bet, whose peer-to-pool wagering is funded by the losing pool with no house edge and no hidden fees, for readers who dislike a share of profits.
- Overtime Markets, where fees are 2% protocol fee applied on top of oracle-fed odds, for readers who prefer a protocol charge on oracle-fed odds.
How PredictIt compares
9.1 vs 8.5
9.1 vs 8.5
9.1 vs 8.0- 9.1 vs 8.2
9.1 vs 8.9
9.1 vs 9.2
9.1 vs 9.1
9.1 vs 9.0
9.1 vs 8.9
9.1 vs 8.9sportsbet
9.1 vs 8.9
9.1 vs 8.9
9.1 vs 8.9- 9.1 vs 8.8
9.1 vs 8.6
9.1 vs 8.5
9.1 vs 8.5
9.1 vs 8.5
9.1 vs 8.5
9.1 vs 8.2- 9.1 vs 8.0
9.1 vs 8.0- 9.1 vs 8.0
9.1 vs 8.0
Where PredictIt is available
- Available
- United States
- Licence in United States
- U.S. Commodity Futures Trading Commission, Division of Market Oversight (14-130), checked September 26, 2026
- Licence in United States
- U.S. Commodity Futures Trading Commission, checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What does PredictIt charge on a trade?+
The fee is 10% of profits plus 5% withdrawal fee. That structure means there is no per-trade charge on the stake itself, so cost appears only when a position does well or a balance is taken out. Readers who expect to move money in and out often should weigh that cut before committing.
Who regulates PredictIt?+
Permissions are held from U.S. Commodity Futures Trading Commission, Division of Market Oversight and U.S. Commodity Futures Trading Commission, with registration reference 14-130. Both entries are US federal bodies, which is the main thing to check when the question is who stands behind the contract. The operation is headquartered in the United States.
What can you actually trade on PredictIt?+
The market list is short and stated plainly: politics and economics. Political and economic questions carry the weight, and readers looking for sport, crypto or casino-style products will not find them in this list. The narrow scope is the trade-off for dealing with a named federal regulator.
Where is PredictIt based and how long has it run?+
The operation is based in the United States and has traded since 2014. Longevity is useful context in a category where fee models and regulatory attention shift, and it sits alongside the federal permissions recorded for the venue.
What does a withdrawal cost?+
Withdrawals are covered by 10% of profits plus 5% withdrawal fee, so a charge comes off the balance as well as off any profit. That is the number to model before taking money out, and it matters more here than a headline bonus, because the cost sits on the exit rather than on entry.
Is PredictIt a fit for readers who just want to practise?+
It suits readers who want a real market price on politics and economics and accept 10% of profits plus 5% withdrawal fee as the cost of holding that view. Practice-only players are better served by free play-money venues, where no cash-out is possible and balances carry no real value.
How does PredictIt compare with other prediction markets?+
Overtime Markets charges 2% protocol fee applied on top of oracle-fed odds, while Divvy Bet runs a no house edge, peer-to-pool model funded by the losing side with no hidden fees. PredictIt takes 10% of profits plus 5% withdrawal fee, so the choice is between a share of profits and either a protocol charge or a pooled model.
Sources
- en.wikipedia.org/wiki/PredictIt checked September 26, 2026
Backs: Fee model, Founded, Headquarters
“charging a fee of 10% on earnings in excess of the original investment and by charging an additional 5% withdrawal fee”
- cftc.gov/PressRoom/PressReleases/7047-14 checked September 26, 2026
Backs: Legal entity, Market types, Regulators, Licences
“no-action letter for Victoria University of Wellington, New Zealand (University), to operate a not-for-profit market for event contracts”
Compiled from 2 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Minimum deposit, States.
Related by the facts
PredictIt
Regulated US event contracts on politics and economics, for readers comfortable paying on profit and on withdrawal.