In Montana, prediction markets are the main legal way to trade real money on sports, politics and the economy. Montana’s only sports betting is the state lottery’s Sports Bet Montana, available at licensed kiosks and limited locations — there is no open online sportsbook market. That makes federally regulated prediction-market apps — overseen by the CFTC and open to anyone 18 or older — especially relevant for Montana residents looking for the best prediction market apps. Last verified: June 2026.
Is sports betting legal in Montana?
Montana’s only sports betting is the state lottery’s Sports Bet Montana, available at licensed kiosks and limited locations — there is no open online sportsbook market. Prediction markets fill the gap: on a CFTC-regulated exchange you trade yes/no event contracts priced between 1¢ and 99¢, where the price is the implied probability and a correct contract settles at $1.00. They are regulated federally rather than under state gambling law, which is why they can operate in Montana.
Prediction market apps available in Montana
As of June 2026, these reviewed prediction-market apps are available to Montana traders (18+):
- Kalshi — the most established CFTC-regulated exchange, covering sports, politics, economics and more (18+).
- Robinhood — event contracts inside the Robinhood app at a flat $0.02 per contract.
- FanDuel Predicts — financial and economic markets (FanDuel does not offer sports contracts in Montana).
- Polymarket — a crypto-funded (USDC) exchange with deep political and global markets.
- PredictIt — a politics-only research market for election and policy contracts.
Can you trade sports in Montana?
Partly. Kalshi, Robinhood and Polymarket offer sports event contracts in Montana, but FanDuel Predicts keeps to financial and economic markets here, and DraftKings Predictions is not available in the state. You trade a yes/no outcome against other users on a CFTC-regulated exchange.
Age and taxes
You must be 18 or older to trade — prediction markets are regulated as financial exchanges, not 21+ sportsbooks. Profits are generally taxable and some apps issue 1099 forms; keep records and consult a tax professional. This is not tax advice.