Disclosure: MarketsGrade may earn a commission when you sign up through our links at no extra cost to you.
Learn more
Prediction Markets in Texas (TX)
Prediction market legality in Texas (TX) — which platforms are available, legal status, and regulations. Updated April 2026.
Legal — No State Action
Legal Status
CFTC-regulated prediction markets operate freely. Texas has not taken formal action against prediction market operators.
Platform Availability in Texas
3 of 5 major prediction market platforms are available in Texas.
| Platform | Type | Available |
|---|---|---|
| Kalshi | CFTC-regulated exchange | Yes |
| Polymarket | CFTC (via QCEX) | Yes |
| Robinhood Predictions | SEC/FINRA brokerage | Yes |
| DraftKings Predictions | State gaming license | No |
| FanDuel Predicts | State gaming license | No |
What You Should Know
Texas has not legalized online sports betting. DraftKings and FanDuel event contracts are not available. Multiple World Cup 2026 matches will be held in Dallas and Houston.
Our Recommendation for Texas
Start with Kalshi — CFTC-regulated, available in all 50 states, and the safest legal foundation for prediction market trading.
Consider Polymarket for the deepest liquidity on political and economic markets (requires USDC).
Sources
- • CFTC DCM registry
- • Platform terms of service (April 2026)
Legal Disclaimer: This page is for informational purposes only and does not constitute legal advice. Prediction market regulations change frequently. Always verify the current legal status with the platform directly and consult a licensed attorney for state-specific legal questions. Information is current as of April 2026.