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Polymarket US vs PredictIt

How Polymarket US vs PredictIt compare on our ratings, prediction market specs, funding, pros and cons.

Polymarket US4.1/5
VS
PredictIt3.2/5
Feature
Polymarket USVisit
PredictItVisit
Ratings
Our score4.1/53.2/5
User ratingNo reviews yetNo reviews yet
Market selection4.53.5
Liquidity4.53.5
Fees4.02.0
Resolution quality3.53.5
Ease of use4.03.5
Specs
Market typesPolitics, Sports, Crypto, WeatherPolitics, Economics
Settles inUSDUSD
ChainsOtherNot disclosed
Trading fees0% maker fee; taker fees vary by contract type10% fee on profits and 5% fee on withdrawals
Resolution sourceSettlement Committee and centralized exchange reportsNot disclosed
Available in the US Yes Yes
KYC required Yes Yes
Regulated venue Yes Yes
Market topicsNFL, NBA, MLB, NHL, Tennis, Soccer, US Midterms, Elections, Cryptocurrency, WeatherUS Elections, Congressional Votes, Presidency, Financial Indicators
Mobile app YesNot disclosed
Liquidity rewards YesNot disclosed
Company
Founded20202014
HeadquartersUnited StatesUnited States
InvestorsFounders Fund, Intercontinental Exchange, 1789 CapitalNot disclosed
Strengths and weaknesses
Pros
  • CFTC Designated Contract Market status
  • Zero maker trading fees with maker rebates supported by taker fees
  • Combo functionality enables grouping 2 to 10 markets into one trade
  • The broader Polymarket entity has disclosed $2.764B in funding, including a $1B investment from Intercontinental Exchange
  • Operates as a CFTC-approved derivatives exchange and clearinghouse
  • Deep liquidity on United States political and election markets
  • Direct bank account deposits and fiat settlement in US dollars
  • Track record spanning over a decade since November 2014
Cons
  • Strict identity verification required, excluding anonymous trading
  • Restricted exclusively to United States residents
  • Centralized clearing model exposes users to clearinghouse counterparty risk
  • Disputed or unresolvable legs rely on discretionary pricing from an internal Settlement Committee
  • Charges a 10% fee on profits plus a 5% fee on all withdrawals
  • Single-contract positions are restricted to a maximum of $3,500
  • Strictly limited to US citizens with mandatory identity verification
  • Custodial structure exposes user funds to centralized platform counterparty risk
Best forUS residents trading regulated event contracts, Sports bettors building multi-leg combo positions, Political forecasters following US midterm electionsUS political election traders, Traders requiring regulated US venues, Retail fiat event speculators

Highlighted cells show the stronger value in each row. Data comes from each provider's site and public sources; check details before you sign up.