Webull Prediction Markets Review: Bonus, Fees and How to Trade Event Contracts
- Kalshi-Powered, CFTC-Regulated Contracts | Every event contract on the platform is listed and cleared by Kalshi, the first CFTC-registered Designated Contract Market for prediction markets, with Webull Futures LLC acting as the CFTC-registered Futures Commission Merchant standing between you and the exchange.
- One Login for Stocks, Options, Crypto and Event Contracts | Because Event Contract accounts sit inside the same unified Webull login as equities, options, futures and crypto, funding a prediction-market position doesn't require opening a separate app or wiring money to a new provider.
- Flat, Disclosed Per-Contract Pricing | As of this writing, Webull discloses a straightforward $0.01-per-contract, per-side exchange fee plus a $0.01-per-contract, per-side platform fee — a cost structure that's easier to estimate up front than spread-based pricing on some rival apps.
Webull built its following on commission-free stock and options trading, and the same app now opens the door to prediction markets. Through a partnership with Kalshi, an exchange regulated by the Commodity Futures Trading Commission (CFTC), Webull users can trade "Yes" and "No" event contracts on sports, economic reports, crypto prices and other outcomes without leaving the account they already use for investing.
That relationship with Kalshi is expanding. On October 20, 2026, Webull announced it will roll out bitcoin perpetual futures to US customers in November, built on Kalshi's regulated event-contract infrastructure and offered through existing Webull Futures accounts. It's another sign that Webull wants its app to serve as a one-stop shop for traders who move between stocks, crypto and event-based markets.
Webull's welcome promotions are tied to its brokerage side rather than its event contracts. The current new-trader offer, a fractional-share reward plus a month of Webull Premium for funding a new cash or margin account, doesn't apply to prediction market trading, so check the terms carefully before signing up with a specific bonus in mind.
Webull organizes its markets under seven headings: Sports, Crypto, Financials, Economics, Culture, Climate and Science & Tech. Sports and macroeconomic contracts attract the most volume, but the platform's most distinctive product is its hourly up-or-down markets tied to the S&P 500, the Nasdaq and leading cryptocurrencies. Contracts trade between $0.01 and $0.99 and pay $1 if your side is correct, or nothing if it isn't.
This GamingToday review explains the mechanics of Webull's event contracts, the rules that govern the platform and where you can use it, plus step-by-step help opening an account and placing a trade. We also rate the markets worth your attention, the mobile and desktop experience, banking and customer support, then compare Webull with Polymarket, Kalshi, DraftKings Predictions and other top apps before giving our final verdict.
Best Prediction Market Apps and Webull Alternatives
Webull is a convenient choice if you already invest there, but it isn't the only way to trade event contracts. The platforms below include the leading regulated prediction markets available where you live, with Polymarket and Kalshi among the biggest names, along with sign-up offers you can compare side by side. Availability varies by state, especially for sports contracts, as some states, including Connecticut, have ordered platforms to stop offering them, so check each listing before you open an account.
Get $100 in Predicts Bonus When You Trade $1 for 5 Days
Make Predictions on Real World Events Right in Your Phone
Trade on Sports to Culture, Financials, Crypto and More
Get $100 in Predicts Bonus When You Trade $1 for 5 Days
Make Predictions on Real World Events Right in Your Phone
Trade on Sports to Culture, Financials, Crypto and More
Trade on Sports, Politics, and MORE
Largest Prediction Market in the US
Hundreds of Markets to Choose From
Trade on Sports, Politics, and MORE
Largest Prediction Market in the US
Hundreds of Markets to Choose From
Huge Range of CFTC-Approved Markets (Sports, Tech, and More)
Compete with Others & Climb the Leaderboards
No User Limiting on Trades
Huge Range of CFTC-Approved Markets (Sports, Tech, and More)
Compete with Others & Climb the Leaderboards
No User Limiting on Trades
Deposit $10, Get a $25 Trading Bonus
Live Trade with the Biggest Payouts at the Largest Prediction Market in the World
Deposit $10, Get a $25 Trading Bonus
Live Trade with the Biggest Payouts at the Largest Prediction Market in the World
America's #1 Sports Prediction Market
Same Sports Moments, Bigger Payouts
Choose from Straights, Player Props, Parlays & More
America's #1 Sports Prediction Market
Same Sports Moments, Bigger Payouts
Choose from Straights, Player Props, Parlays & More
PLUS Get up to $1,000 in $NVDA Based on Net Deposit Amount
Earn up to 8.1% APY on uninvested cash balances
Trade CFTC-regulated event contracts, stocks & options
PLUS Get up to $1,000 in $NVDA Based on Net Deposit Amount
Earn up to 8.1% APY on uninvested cash balances
Trade CFTC-regulated event contracts, stocks & options
Get $200 in Bonuses Paid Over 21 Days
DraftKings is Now Available Nationwide
Browse Markets like Sports, Crypto, Tech & More
Get $200 in Bonuses Paid Over 21 Days
DraftKings is Now Available Nationwide
Browse Markets like Sports, Crypto, Tech & More
Complete a Task in the Crypto.com App to Unlock up to 1 Bitcoin Worth of CRO Rewards
America’s All-In-One Trading Platform
Manage Your Crypto, Stocks, Predictions & Card Spend Seamlessly
Complete a Task in the Crypto.com App to Unlock up to 1 Bitcoin Worth of CRO Rewards
America’s All-In-One Trading Platform
Manage Your Crypto, Stocks, Predictions & Card Spend Seamlessly
Prediction Market Apps to Compare With Webull
Webull’s prediction market runs inside a full brokerage app, so the experience feels different from platforms built around event contracts from the start. That’s a plus for existing Webull customers, and it’s also a good reason to shop around before you deposit anywhere. The same game, jobs report, or crypto move can be priced differently from one app to the next, and each platform adds its own fees and sign-up offers on top.
The five apps below are the ones we’d line up against Webull first. Each covers a different mix of markets, from sports and crypto to politics and award shows, and each comes with its own welcome offer, so a quick comparison can keep you from opening an account on the wrong platform.
Crypto.com
Sign up for Crypto.com and complete a qualifying task in the app to earn up to 1 BTC in CRO Rewards when you join through our links.
The biggest advantage is convenience for current Crypto.com users. Prediction trading lives in the same app as your crypto holdings, so there’s no second wallet to manage, and funds convert from crypto to USD instantly without the card fees other apps charge. The platform is CFTC-regulated, meets SOC2 security standards, and supports limit orders, a tool many sportsbook-style prediction apps still lack.
Coverage is broad, spanning sports, politics, and crypto prices, plus Fed meetings, inflation reports, and entertainment events such as the Oscars and Grammys. Most of the US has access, though New York is among the states where it can’t be used.
Complete a Task in the Crypto.com App to Unlock up to 1 Bitcoin Worth of CRO Rewards
America’s All-In-One Trading Platform
Manage Your Crypto, Stocks, Predictions & Card Spend Seamlessly
Complete a Task in the Crypto.com App to Unlock up to 1 Bitcoin Worth of CRO Rewards
America’s All-In-One Trading Platform
Manage Your Crypto, Stocks, Predictions & Card Spend Seamlessly
ProphetX
ProphetX behaves more like a peer-to-peer exchange than a traditional betting app, and that’s its main appeal. You can accept a listed price, post one of your own, or take the other side of an outcome, which gives you far more control than a fixed-odds format.
Make a $10 trade with promo code TODAY to receive a $20 trading bonus, which usually arrives within 24 hours of the qualifying trade. Keep an eye on the calendar, since any bonus funds you don’t use disappear after 45 days. Also, withdrawals go through only once those positions have settled.
Markets cover the NFL, NBA, MLB, NHL, college sports, soccer, MMA, golf, and tennis, and ProphetX is available everywhere except Nevada. If you’ve ever wanted to set your own number rather than accept the house’s, this is the closest match on the list.
America's #1 Sports Prediction Market
Same Sports Moments, Bigger Payouts
Choose from Straights, Player Props, Parlays & More
America's #1 Sports Prediction Market
Same Sports Moments, Bigger Payouts
Choose from Straights, Player Props, Parlays & More
DraftKings Predictions
Already have a DraftKings account? DraftKings Predictions uses the same Sportsbook and Casino login, and it lets you combine several event contracts into a single trade, a setup parlay fans will recognize right away.
Its biggest selling point may be reach. DraftKings Predictions brings sports trading to states like California, Texas, Florida, and Georgia, where regulated sports betting isn’t available. New users receive an automatic $25 sign-up bonus, along with a “Spend $5, Get $200 Predictions Dollars Guaranteed” promo, which pays $50 upfront and releases the remainder across 21 days. Those funds are promotional trading credits, not withdrawable cash, so review the terms before planning around the full $200.
With NFL, NBA, MLB, college football, soccer, politics, and crypto available to trade, there’s plenty of variety even if sports are your main focus.
Get $200 in Bonuses Paid Over 21 Days
DraftKings is Now Available Nationwide
Browse Markets like Sports, Crypto, Tech & More
Get $200 in Bonuses Paid Over 21 Days
DraftKings is Now Available Nationwide
Browse Markets like Sports, Crypto, Tech & More
Polymarket
Polymarket was designed as an exchange from day one, and the breadth of its market list shows it. Sports, politics, finance, crypto, culture, tech, and breaking news all get dedicated contracts, with prices that update live as traders buy and sell.
Deposit $10 with promo code GTODAY and you’ll get a $20 trading bonus that serves as a useful buffer while you learn the platform. Polymarket operates in 45-plus states, and funding is built around crypto, with Coinbase and MoonPay on hand for users who don’t already hold digital assets.
It’s the strongest fit for traders whose interests go beyond sports and into whatever story is leading the news that week. Thanks to the clean layout, turning a headline into a trade takes just a couple of taps.
Deposit $10, Get a $25 Trading Bonus
Live Trade with the Biggest Payouts at the Largest Prediction Market in the World
Deposit $10, Get a $25 Trading Bonus
Live Trade with the Biggest Payouts at the Largest Prediction Market in the World
FanDuel Predicts
FanDuel Predicts keeps prediction trading about as simple as it gets. Every contract comes down to a “Yes” or “No” decision, and the price, position size, and trade details all fit on a single screen.
Verified account holders receive a $25 trading bonus automatically, with no code to enter. FanDuel Predicts works in every state, although the markets on offer can vary based on your location.
Sports, financial, and crypto contracts are all on the board, and the stripped-back design is a comfortable fit as a first stop for anyone still getting used to the idea of “trading” on outcomes.
Get $100 in Predicts Bonus When You Trade $1 for 5 Days
Make Predictions on Real World Events Right in Your Phone
Trade on Sports to Culture, Financials, Crypto and More
Get $100 in Predicts Bonus When You Trade $1 for 5 Days
Make Predictions on Real World Events Right in Your Phone
Trade on Sports to Culture, Financials, Crypto and More
Webull Prediction Markets Bonus: Current Welcome Offer for November 2026
Webull’s current prediction-market offer is simple: open with an event-contract trade worth $20 or more and receive $20 in cash. No code is needed to qualify, and the bonus is tied to your Event Contract account rather than your stock or crypto balance.
Webull also runs separate promotions on its broader brokerage account, including fractional-share rewards, a complimentary month of Webull Premium, and referral credits. Those belong to the investing side of the account and can carry their own deposit requirements, so read each set of terms on its own.
Offers on trading apps change often. The figures in this review reflect the terms available at our latest update, so confirm the live offer in the Webull app before depositing. The table below summarizes the key details.
| Detail | Info |
|---|---|
| 🏦 Operator | Webull Prediction Markets, powered by Kalshi |
| 📜 Regulator | CFTC — Kalshi (Designated Contract Market) and Webull Futures LLC (Futures Commission Merchant, NFA member) |
| 🚀 Launched | Rolled out following the February 2025 Webull–Kalshi partnership announcement |
| 💵 Minimum Deposit | $0 account minimum; a $20+ first trade is required to qualify for the current welcome bonus |
| 💰 Signup Bonus | $20 cash for a first prediction-market trade of $20 or more, as of this writing |
| 🧾 Trading Fees | ~$0.01 per contract per side exchange fee plus ~$0.01 per contract per side platform fee — about $0.04 round-trip, as of this writing |
| 📊 Contract Price Range | $0.01 to $0.99 per contract |
| 🗂️ Market Categories | Sports, Crypto, Financials, Economics, Culture, Climate, and Science & Tech (7 total) |
| ⏱️ Market Hours | Markets trade 24/7; hourly index and crypto contracts refresh on the hour |
| 📱 Platforms | iOS and Android apps; Windows, macOS and Ubuntu desktop apps; limited web-app support |
| 💳 Deposit Methods | Debit card, ACH bank transfer, domestic wire transfer |
| 🏧 Withdrawal Speed | Debit near-instant to 30 minutes; ACH 2-3 business days; wire 1-2 business days |
| 🛡️ Account Protection | Not SIPC-protected — event contracts are futures-style products, not securities |
| 🌎 State Availability | All 50 states for non-sports categories; sports contracts restricted in several states (commonly AZ, IL, MA, MD, MI, MT, NV, OH) |
| ☎️ Customer Support | Email (support@webull.com), phone ((888) 828-0618), and an extensive in-app Help Center |
| ⭐ Mobile App Rating | iOS ~4.7★ / Android ~4.6★ for the overall Webull app, as of this writing |
| 🔞 Age/Residency Requirement | 18+ and a U.S. resident |
One detail from the table deserves extra attention: SIPC coverage does not apply to event contracts, a point we explain in the regulation section below.
How Webull Prediction Markets Works
Webull’s prediction offering is an event-contract feature built into its main investing app. Instead of building an exchange of its own, Webull connected its brokerage to Kalshi’s CFTC-regulated marketplace through a partnership announced in early 2025. That gives Webull’s more than 25 million registered users worldwide access to binary-outcome contracts next to their stocks, options, futures, and crypto. Anyone who has used Kalshi directly will recognize the contracts, since Webull serves as another front door to the same regulated exchange, much like Robinhood does.
Each market follows the same structure. You pick “Yes” or “No” on a specific outcome at a price between $0.01 and $0.99, which signals how likely traders think that outcome is. If your side is right when the market settles, each contract pays $1.00. If it’s wrong, it pays nothing. You don’t have to wait for settlement, either. Webull lets you exit early to bank a profit or cut a loss when prices move, which makes the experience more like trading a stock than betting at fixed odds.
Event Contract Accounts vs. Standard Webull Accounts
Prediction-market trading runs through a dedicated Event Contract account that existing customers request inside the app. It isn’t included automatically with a regular brokerage or crypto account, which matters for the regulatory reasons explained below. It also means your first event-contract trade requires a short application and approval, even if you’ve held stocks at Webull for years.
Is Webull Prediction Markets Safe and Legal?
Yes. Webull Prediction Markets is a legitimate product with federal regulators overseeing it, though it helps to know which company handles which piece before you deposit. Kalshi, which the CFTC approved as a Designated Contract Market dedicated to event contracts, lists and clears the contracts. Webull Futures LLC, which is registered with the CFTC as a Futures Commission Merchant and is an NFA member, keeps custody of your money and sends your orders to the exchange. Federal oversight applies at both the exchange and the broker level, unlike offshore or crypto-based prediction sites that sit outside US derivatives rules.
SIPC Coverage and Account Protection
Event contracts sit in a futures-style account, not a securities brokerage account, so they are not protected by SIPC the way your Webull stocks and ETFs are. Every CFTC-regulated prediction-market operator works this way, including Kalshi, Robinhood, and the other apps we cover in the GamingToday prediction markets guide, but it’s an easy detail to overlook if you think of Webull only as a stock broker.
Where Webull Prediction Markets Is Available
Webull’s brokerage serves customers nationwide, and prediction markets generally follow that reach. Sports contracts are the main exception. As of our latest update, several states that regulate sports wagering under their own laws, commonly reported to include Arizona, Illinois, Massachusetts, Maryland, Michigan, Montana, Nevada, and Ohio, limit or block sports contracts, while economics, crypto, and other non-sports markets remain open. Other federally regulated prediction apps, such as FanDuel Predicts and Crypto.com, show a similar state-by-state pattern, so check the market list in the app for your location. To see how those rules compare with regulated sports betting, check out the GamingToday prediction markets vs. sportsbooks guide.
How to Open a Webull Prediction Markets Account
Setup takes a bit longer than a sportsbook app, since you’re signing up for a futures-style account under federal regulation, not a simple username-and-password signup. New Webull customers should plan on 15 to 20 minutes, while existing users with a funded brokerage account can usually add Event Contract access in a few minutes.
Download Webull and confirm your phone number
New customers verify their number by text message, then create a password and select an account type.
Fill out the registration form
Webull asks for the same details any broker-dealer requires, including your Social Security number, legal name, home address, job details, and investing background.
Sign your agreements and verify your identity
You’ll e-sign the account paperwork and upload a government-issued photo ID to complete the Know Your Customer (KYC) check.
Request Event Contract access
This application is separate from your brokerage or crypto account. It’s where Webull confirms you’re eligible for Kalshi-listed contracts, which Webull Futures LLC handles on your behalf.
Add funds
A debit card is usually the quickest way to get cash ready to trade in a new account. Bank transfers by ACH or wire work too, and we cover timing and fees in the banking section below.
Make your first trade
Your opening prediction trade qualifies for the $20 cash bonus as long as it’s at least $20. Offers change, so check the app for current terms first.
Want to learn the mechanics first? The GamingToday prediction markets strategies guide explains how to read contract prices as implied probability, the most useful concept to understand before you open a position.
Placing a Trade and Understanding Webull’s Fees
Once Webull signs off on your Event Contract application and you’ve added funds, trading works much like buying a stock with a limit price. That’s by design, since Webull layered its existing order tools onto Kalshi’s exchange instead of building a betting slip from scratch.
- Choose a market. Browse the seven categories (Sports, Crypto, Financials, Economics, Culture, Climate, and Science & Tech) or use search to find a particular event.
- Take a side. Each market boils down to two choices: buy “Yes” if you expect the outcome to happen, or buy “No” if you don’t.
- Check the price. Contracts trade between $0.01 and $0.99, and the price doubles as the market’s implied probability. A contract at $0.65 suggests about a 65% chance of that result, before fees.
- Set your order. Orders on event contracts are limit orders, meaning you choose the highest price you’ll pay to buy or the lowest you’ll accept to sell, rather than filling at whatever price is available.
- Manage the position. After your order fills, you can hold the contract until it settles at $1 or $0, or sell it early if the price moves in your favor or against you.
Since these contracts trade on an exchange, the price reflects what other traders collectively believe, not a line set by a bookmaker. Reading and trading that price is a different skill from picking against a sportsbook, so it’s worth studying how contract pricing works before you size your first position.
Webull Prediction Markets Fees
As of our latest update, Webull lists two charges on event contracts: an exchange fee of about $0.01 per contract on each side and a platform fee of about $0.01 per contract on each side. That comes to roughly $0.04 per contract on a full round trip. Webull has also run $0 commission promotions on select marquee markets, such as its Big Game contracts in early 2026, though exchange fees still applied. Fee schedules may shift over time, so double-check pricing in the app ahead of each trade.
Webull Prediction Markets: Available Markets and Categories
Webull groups its markets into seven buckets, and they differ sharply in depth. The busiest by far are sports, crypto, and macro data, which also offer the tightest pricing. Culture, climate, and science & tech listings are sparser and refreshed less often. That pattern shows up across Kalshi-powered apps generally, so don’t be surprised if a niche topic you’re looking for hasn’t been listed yet.
| Category | Example Markets |
|---|---|
| 🏈 Sports | NFL, NBA and MLB game winners; tournament futures; multi-leg combo contracts |
| ₿ Crypto | Hourly Bitcoin, Ethereum, XRP and Solana up/down contracts |
| 📈 Financials | Hourly S&P 500 and Nasdaq directional (up/down) contracts |
| 🏛️ Economics | Federal Reserve rate decisions, CPI inflation prints, jobs reports, GDP releases |
| 🎬 Culture | Awards shows and entertainment milestone contracts |
| 🌡️ Climate | Temperature and weather-threshold contracts |
| 🔬 Science & Tech | Product launch and technology milestone contracts |
The sports category features game-winner contracts, tournament futures, and combos that bundle multiple legs into one position. Webull’s standout specialty is its hourly lineup of index and crypto contracts, quick “Yes/No” contracts asking if the S&P 500, Nasdaq, Bitcoin, Ethereum, XRP, or Solana will rise or fall by the time the next hour begins. Economics contracts, including Fed rate decisions, CPI reports, jobs numbers, and GDP releases, are among the busiest markets on the platform and tie in closely with GamingToday’s economy and politics coverage across the industry. Award shows, celebrity milestones, and similar pop-culture events have their own contracts too, though they draw far less volume than sports and finance.
Webull App Review: Mobile, Desktop, and Web
Webull’s investing app earns strong marks from users, with ratings above 4.5 stars on the App Store and on Google Play, based on several hundred thousand user reviews. Event-contract trading uses the same charts, watchlists, and order-entry screens, so current Webull customers won’t have a new interface to learn. The catch is that prediction-market features are not identical across mobile, desktop, and web.
Mobile App
The iOS and Android apps offer every prediction-market category, and mobile is clearly where Webull builds the Event Contracts experience first. Anyone serious about event trading on Webull should stick with the app.
Desktop Platform
Webull also offers downloadable desktop software on Windows, macOS, and Ubuntu, which sets it apart from most prediction-market apps that live only on phones. However, desktop event trading centers on the hour-long index and crypto contracts instead of every category, so desktop users may still need their phone to reach sports and culture contracts.
Web Platform
Webull’s browser platform offers only a limited set of prediction markets, centered on the hour-long index and crypto contracts. If a browser-based setup is a priority, confirm what’s currently supported before you open an account for that reason.
Webull Prediction Markets Banking: Deposits and Withdrawals
Event Contract accounts use the same banking system as the rest of Webull, so you fund them the same way you would a stock or crypto account. There’s no separate cashier for prediction markets. That keeps things simple for current customers, but the usual brokerage processing times and fees apply here as well.
| Method | Deposit Fee | Withdrawal Fee | Typical Speed |
|---|---|---|---|
| 💳 Debit Card | $0 | $0 | Near-instant to 30 minutes (deposit); short hold before withdrawal |
| 🏦 ACH Bank Transfer | $0 | $0 | 3-4 business days (deposit); 2-3 business days (withdrawal) |
| 🔌 Wire Transfer (Domestic) | $8 | $25 | Up to 1 business day (deposit); 1-2 business days (withdrawal) |
A debit card funds a new account fastest, often within minutes, although card deposits usually carry a brief hold before they can be withdrawn. That hold is a common anti-fraud step across the brokerage industry. ACH transfers cost nothing in either direction but take a few business days to clear. Domestic wires are the quickest option for larger amounts, with an $8 fee to send money in and a $25 fee to send it out, based on Webull’s current fee schedule. Event Contract accounts have no minimum balance, and contracts start at one cent each, so you can start with a very small trade.
How Webull Compares With Other Prediction Market Apps
Webull is one of about a half-dozen mainstream apps offering federally regulated event contracts, and each one reflects the strengths of the company behind it, whether that’s brokerage tools, sportsbook design, crypto infrastructure, or sheer market variety. Below are the six rivals traders weigh most often against Webull.
FanDuel Predicts
- Powered by CME Group exchange technology
- Its own app, apart from FanDuel Sportsbook
- Still a young product with some rough spots
FanDuel Predicts is FanDuel’s dedicated prediction-market app, built on CME Group exchange technology and offering contracts on sports, economics, finance, and culture. Our FanDuel Predicts review covers it in full.
Polymarket
- Largest prediction market worldwide by volume
- CFTC-regulated Polymarket US app for Americans
- Crypto-first design and a shorter US history
Polymarket grew into the world’s biggest crypto-native prediction market, and after acquiring QCX, a CFTC-licensed exchange, it launched a stand-alone Polymarket US platform regulated at the federal level. Our full Polymarket review has the details.
DraftKings Predictions
- Operates its own DKeX exchange
- Backed by a massive existing customer base
- Sports-first menu, lighter on politics
DraftKings has pushed hard into prediction markets, and in mid-2026 it launched DKeX, a proprietary CFTC-regulated exchange built from its Railbird Exchange acquisition instead of partnering with Kalshi or CME. Our DraftKings Predictions review has more.
Kalshi
- First CFTC-regulated event contract exchange
- Tiered fee schedule based on contract price
- Doesn’t offer stocks or crypto
Kalshi is the exchange behind Webull’s contracts, but using Kalshi’s native platform directly feels noticeably different from reaching it through Webull. Our Kalshi review has the specifics.
Crypto.com
- Broad range of crypto funding methods
- Contract sizes of $1 or $10
- Not available in New York or Arizona
Crypto.com offers prediction markets via its Crypto.com Derivatives North America arm, relying on its own crypto funding tools and large customer base instead of partnering with Kalshi or CME. Read our full Crypto.com review.
OG
- Sportsbook-style layout with combo contracts
- Flexible funding via PayPal, Venmo, and Apple Pay
- Limited non-sports liquidity and no limit orders
OG is a sports-focused brand run by the same Crypto.com Derivatives North America entity, separate from the Crypto.com product above and designed to feel like a sportsbook. Our OG review has the complete breakdown.
Customer Support for Webull Prediction Markets
Event Contract accounts are handled by Webull’s general brokerage support team, not a separate prediction-markets desk. If you’re used to the real-time chat support offered by some sportsbook apps, set your expectations accordingly.
| Support Channel | Details |
|---|---|
| support@webull.com — general brokerage-wide support inbox | |
| ☎️ Phone | (888) 828-0618 — U.S. line; hours not separately confirmed for Event Contract accounts |
| 📚 Help Center | Extensive in-app and online FAQ organized by topic (account, banking, trading, taxes, and more) |
| 💬 Live Chat | Not confirmed as available specifically for Event Contract accounts, as of this writing |
| 🐦 Social Media | Official social channels post account and market updates; not a primary support channel |
For most account and trading questions, the quickest answer is in Webull’s Help Center, available in the app and online. Articles are grouped by topic, including account access, banking, trading, and tax documents, and they handle most routine issues without needing an agent. When you need a person, Webull lists support@webull.com for email and (888) 828-0618 for phone support in the US. We could not verify posted support hours or any live-chat option for Event Contract customers. If response time matters to you, try a simple question before you need help during a live market.
Pros and Cons of Webull Prediction Markets
Nearly everything good and bad about Webull traces back to one fact: it’s a brokerage first, with prediction markets bolted on rather than built in from the ground up.
Webull Pros
- Dual Federal Oversight | Kalshi’s CFTC-regulated exchange lists the contracts, while Webull Futures LLC, registered with the CFTC as a Futures Commission Merchant, clears your trades, giving you a well-established US regulatory framework.
- One Account for Everything | Current Webull customers can add event contracts to the same account they use for stocks, options, and crypto, with no new app to download.
- Proven, Polished App | Webull’s mobile app is highly rated on both major app stores, and event trading uses the same charts and order tools its investors already know.
Webull Cons
- Limited Desktop and Web Access | The full category list is only available on mobile, while desktop and browser trading focus mainly on hourly index and crypto markets.
- Extra Application Step | Even longtime Webull users must file a distinct application for event-contract access before placing a trade.
- Thin Niche Markets | Culture, climate, and science & tech contracts trade far less often than the platform’s headline sports, crypto, and economics markets.
Trading Responsibly on Webull Prediction Markets
Event contracts are regulated, real-money derivatives, and losses can pile up as fast as gains. Exchange-style pricing can also make risk easy to underestimate if you’re used to fixed-odds betting. Because your Event Contract account shares a login with your stocks, options, and crypto, treat prediction-market positions with the discipline you’d bring to any fast-moving trade, not as a separate pot of play money.
Build a few habits before you increase your trade size. Set a weekly or monthly loss limit before you start, resist the urge to double up after a losing position, and remember that a $0.90 contract isn’t a lock, since it still loses about one time in ten. The prediction markets strategies guide linked in the sign-up steps above covers position sizing and the math behind implied probability in more depth.
If trading or gambling ever starts to feel like a compulsion instead of entertainment, help is available. Call or text 1-800-GAMBLER (1-800-426-2537) any time, day or night, to reach the National Council on Problem Gambling’s free and confidential helpline. You can also find resources and chat support on the National Council on Problem Gambling’s website.
Final Verdict: Is Webull Prediction Markets Worth It?
Webull Prediction Markets works best when you see it for what it is: a feature added to a brokerage account, not a standalone prediction app. That distinction explains nearly every strength and weakness below.
- 🏛️ Serious regulatory backing. Contracts trade on Kalshi’s CFTC-regulated exchange, while Webull’s futures arm is registered as a Futures Commission Merchant and belongs to the NFA.
- 💵 Low trading costs. Disclosed exchange and platform fees total about four cents per contract on a round trip, so costs rarely get in the way.
- 🔗 One login for your whole portfolio. The same account covers event contracts along with your stocks, options, and crypto.
- 📉 Limited beyond sports and finance. Climate, culture, and science categories are still sparse compared with the biggest dedicated platforms.
- ⚠️ Best on mobile. Desktop and web access lag behind the app, and there’s no confirmed live chat for event-contract support.
If you want the widest market selection, Polymarket and Kalshi are the better starting points, and DraftKings Predictions or OG will feel more natural if you prefer a sportsbook-style experience. Webull’s appeal is different: it lets you trade event contracts under full federal oversight from a brokerage account you may already use every day.
How We Test and Rate Prediction Market Apps
Three selling points define Webull’s pitch: one login that spans your whole portfolio, fees it says total roughly four cents per contract round trip, and hour-long contracts on Bitcoin, the S&P 500, and similar assets. We put each of those claims to the test instead of taking them at face value.
- Fee Math Check | We verified that the per-side exchange and platform fees add up to the stated round-trip cost across different contract quantities.
- Onboarding Friction | Since event contracts need their own application despite the single-login promise, we measured how much extra setup that step adds.
- Desktop Feature Audit | We opened Webull’s desktop apps on Windows, macOS, and Ubuntu to see exactly which event contracts are available outside of mobile.
- Hourly Settlement Tracking | We watched hour-long contracts tied to Solana, Bitcoin, and the S&P 500 to make sure they settled on schedule.
- State Restriction Review | We looked at which sports markets are truly unavailable in the restricted states instead of assuming every state blocks the same markets.
- Support Response Testing | With no confirmed live chat, we contacted Webull by phone and email to see how quickly we got a useful answer.
Every operator on GamingToday is held to the same standard, which we explain in full on our how we rate and review online gambling sites page.
Webull Prediction FAQs
Yes. Kalshi, a CFTC-regulated Designated Contract Market, lists the contracts, while Webull’s futures arm, Webull Futures LLC, is a CFTC-registered broker and NFA member that handles customer money and order routing. That gives traders two layers of federal oversight. Keep in mind that SIPC protection does not extend to event contracts, unlike your stock holdings.
Yes. Existing Webull brokerage or crypto customers still need approval for Event Contract access before they can trade Kalshi-listed contracts. The application is short and handled inside the app.
As of our latest update, Webull lists an exchange fee of about $0.01 per contract on each side, plus a platform fee of about $0.01 per contract on each side. That works out to around $0.04 per contract for a round trip. Pricing can change, so confirm the current fee schedule in the app.
Webull doesn’t set a minimum balance for Event Contract accounts, and contracts can cost as little as one cent. To earn the $20 welcome bonus, though, your first prediction-market trade needs to be at least $20.
Webull offers seven categories: Sports, Crypto, Financials, Economics, Culture, Climate, and Science & Tech. Liquidity runs deepest in sports, crypto, and economic markets, such as the hour-long index and crypto contracts and Fed and CPI releases. Culture, climate, and science & tech listings are thinner.
Yes. You can close an open position at any time before the event ends, either to lock in a profit or to limit a loss, instead of holding the contract until it settles.
Webull’s brokerage operates nationwide, and most prediction markets are available in every state. Sports contracts are the main exception, with restrictions reported in states that have their own sports-wagering laws, commonly including Arizona, Illinois, Massachusetts, Maryland, Michigan, Montana, Nevada, and Ohio. Non-sports markets are generally unaffected.
Both give you access to the same Kalshi-listed contracts. Trading directly on Kalshi means a tiered fee schedule based on contract price and sometimes earlier access to new contract types, while Webull charges flat per-side fees but keeps your stocks, options, and crypto under one roof.
Webull supports debit cards, ACH bank transfers, and domestic wires. Debit card deposits are fastest, often arriving within minutes, but may be held briefly before withdrawal. ACH is free but takes a few business days, and wires work best for large amounts, costing $8 to receive and $25 to send.
Yes. As of our latest update, first-time traders get $20 in cash after an opening prediction-market trade worth $20 or more. Webull’s brokerage account also runs its own deposit and referral promotions that are separate from Event Contract accounts. Offers change often, so confirm the latest terms in the app before depositing.
