Texas remains one of the largest states in the country without a legal, regulated sports betting market, and lawmakers have yet to advance a bill that would change that. In the absence of a state-licensed option, a different category of product has emerged to fill part of that void: federally regulated prediction markets, which let users trade contracts tied to the outcome of real-world events, sports included, without triggering state betting law.
These platforms are overseen by the Commodity Futures Trading Commission rather than a state gaming regulator, and that distinction is what has allowed them to offer sports-related contracts in states like Texas, where a traditional sportsbook isn’t permitted to operate. That framework continues to hold for now, and Texas residents are able to access these platforms under their existing CFTC registrations.
Get a full breakdown of options available to Texas users below:
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DraftKings is Now Available Nationwide
Browse Markets like Sports, Crypto, Tech & More
Prediction Market Options Available To Texas Users
DraftKings Predictions
DraftKings Predictions gave DraftKings its entry point into the prediction market category, and the product now runs on DKeX, a proprietary exchange built out of the company’s 2025 acquisition of Railbird Technologies, a CFTC-licensed exchange operator. It operates alongside DraftKings’ existing sportsbook and casino offerings, and the company has described the product as a way to reach users in states, Texas among them, where its traditional sportsbook has no presence. Categories include sports, economics, crypto, and commodities, and new users who place a trade of $5 or more can qualify for up to $200 in trading credits, released over a 21-day span.
FanDuel Predicts
FanDuel has carried its sportsbook brand into the prediction market space through FanDuel Predicts, which covers contracts in sports, culture, and financial markets. Much like other operator-linked prediction products, part of its purpose is reaching users in states without a licensed sportsbook, using a federally regulated structure instead of a state gaming license. New users can claim a $25 trading credit upon signing up.
ProphetX
ProphetX has built its platform around a sports-first identity, prioritizing straight contracts, player prop markets, and parlay-style combinations over the broader cultural or economic contracts found on some rival platforms. New users who place a $10 trade can claim a $20 trading credit using code LINEUPS.
OG.com
OG runs as a CFTC-approved prediction market covering sports, technology, and several other categories, and it differentiates itself with leaderboard functionality not commonly found on platforms built purely around solo trading. New users who trade $10 can claim a matching $10 credit.
Crypto.com
Crypto.com has built prediction markets into a much broader financial app that already handles crypto trading, equities, and a rewards-linked card. Completing a qualifying task in the app can earn new users CRO rewards worth up to 1 BTC, making the prediction market feature one component of a larger financial platform rather than a product on its own.
World Cup Final Matchup
The final brings together two of the tournament’s most well-rounded teams in a single match with no room for a second chance. Both sides have reached this point through strong defensive structure and standout individual talent, and the result is more likely to come down to control of midfield and a decisive individual moment than one team overwhelming the other from the outset.
From a trading standpoint, the outright winner market should see the bulk of activity, with additional interest likely in contracts tied to which side scores first, whether the match extends into extra time, and markets built around individual player performances.
