California has no legal, state-regulated sports betting market, a reality that hasn’t changed despite repeated ballot measure attempts in recent years. That regulatory gap, however, has left room for a separate category of product to take hold: federally regulated prediction markets, which allow users to trade contracts on the outcome of real-world events, including sports, without running afoul of state law.
These platforms operate under Commodity Futures Trading Commission oversight rather than state gaming regulation, a structural distinction that has allowed them to offer sports-related contracts in states, including California, where traditional sports betting remains prohibited. For now these platforms continue to operate nationally under their CFTC registrations, and California residents can legally access them.
Get a full breakdown of options available to California users below:
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DraftKings is Now Available Nationwide
Browse Markets like Sports, Crypto, Tech & More
Prediction Market Options Available To California Users
DraftKings Predictions
DraftKings entered the prediction market space through DraftKings Predictions, which now runs on DKeX, an exchange DraftKings built after acquiring the CFTC-licensed Railbird Technologies in 2025. The product sits alongside DraftKings’ existing sportsbook and casino business, and the company has been explicit that Predictions is intended, in part, to reach users in states where its traditional sportsbook doesn’t operate. Markets span sports, economics, crypto, and commodities. New users who place a trade of $5 or more can qualify for up to $200 in trading credits, distributed over a 21-day period.
FanDuel Predicts
FanDuel Predicts extends FanDuel’s existing user base into the prediction market category, offering contracts across sports, culture, and financial markets. As with other operator-affiliated products, the appeal for FanDuel lies partly in reaching bettors in non-sportsbook states through a federally regulated structure rather than a state license. New users can claim a $25 trading credit on sign-up.
ProphetX
ProphetX has positioned itself specifically as a sports-first prediction market, offering straight contracts, player prop markets, and parlay-style combinations rather than the broader economic or cultural contracts some competitors carry. New users who trade $10 can claim a $20 trading credit using code LINEUPS.
OG.com
OG operates as a CFTC-approved prediction market spanning sports, technology, and other categories, with leaderboard functionality that sets it apart from platforms built solely around individual trading. New users who trade $10 can claim a matching $10 credit.
Crypto.com
Crypto.com has folded prediction markets into its broader financial platform, which already includes crypto trading, equities, and a rewards-linked card product. Users who complete a qualifying task in the app can earn CRO rewards worth up to 1 BTC, positioning the prediction market feature as one part of a larger financial ecosystem rather than a standalone product.
World Cup Final Matchup
The final pits two of the tournament’s most complete sides against one another in a single-elimination match with no margin for error. Both teams have advanced on the strength of disciplined defensive structures and high-end individual talent, and the outcome is likely to hinge on midfield control and moments of individual quality rather than one side dominating from start to finish.
On the trading side, expect the outright winner market to draw the heaviest volume, with secondary interest in contracts tied to which team scores first, whether the match reaches extra time, and player-specific performance markets. As with any prediction market position, pricing will move in response to news and in-game developments, and traders should review each platform’s fee structure and settlement terms before committing capital.
