Prediction Markets: Compare Platforms and Product Models
Compare prediction-market platforms by product model, rules, fees, resolution process, and location checks.
This is a separate research path from online casinos, traditional sportsbooks, and conventional financial trading products. One platform review and one explainer are published so far.
Editorial review: June 1, 2026. Editorial policy
Polymarket US is a separate product and is not covered by these pages.
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Review
InternationalPolymarket international review
Polymarket uses peer-to-peer markets, outcome shares, and onchain settlement. Our review separates the international platform from Polymarket US and keeps country and region restrictions visible.
- Peer-to-peer order book
- Yes and No shares
- Onchain settlement
- Region-aware checks
Explainer
How prediction markets work
A plain-language guide to prices, positions, liquidity, and resolution.
Read the guide: How prediction markets work
Before you follow an external link
Availability varies by platform and location. Country checks are not always enough: Polymarket’s international help center lists Ontario separately. When official evidence is incomplete, our answer is Confirm directly. Do not use a VPN or similar tool to bypass restrictions.
Compare the product model first
Standalone prediction-market platform
Check how prices form, what collateral is used, how positions settle, and whether liquidity affects early exits.
Direct exchange
Check the exchange structure, contract rules, account requirements, funding routes, and responsible-use tools.
Broker or consumer app access
Check which exchange lists and clears the contracts and whether account or state rules differ by route.
Casino or sportsbook feature
Do not assume a feature labeled predictions is exchange-style. It may be fixed-odds sportsbook content, casino content, fantasy, or unresolved.
Why the label is not enough
Two products can both use prediction-market language and still work differently. Polymarket’s international platform uses peer-to-peer outcome shares and an order book. BETBY’s official launch announcement describes fixed-odds markets inside a sportsbook interface, without peer-to-peer trading or liquidity pools. We classify the mechanics before comparing the marketing label.
Not yet available
Alternatives comparison
Kalshi, broker access, and exchange-powered app comparisons
Not yet available
Casino and sportsbook “predictions” features
Casino and sportsbook features stay separate until official sources support a clear classification.
Not yet available
Looking for online casinos instead? Browse casino reviews.
Frequently asked questions
Are prediction markets the same as casinos?
No. Casino Capybara treats them as a separate product category, even when one brand offers several products.
Are all features called predictions exchange-style markets?
No. Some are sportsbook odds, editorial tips, casino side features, or fantasy products. We classify the actual feature, not the label.
Can users lose money?
Yes. Positions can lose value or settle at zero. Read the rules and confirm the current eligibility terms directly.