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Are Prediction Markets Legal in Your State? Complete 2024 Guide
State-by-state legality of prediction markets in the US. Find out where you can legally trade on Polymarket, Kalshi, and other platforms in 2024.
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Also popular: How to Read Prediction Market Odds Like a Pro
Guides15 articles
01
Can US Users Use Polymarket? Current Status, Legal History & Alternatives
Can US users use Polymarket? Yes—reopened late 2025 with CFTC approval. Learn what changed, state restrictions, and alternatives for Americans.
02
How to Convert Prediction Market Prices to American Odds
Turn Polymarket and Kalshi percentages into familiar betting odds. Quick formula, calculator method, and what the numbers actually mean for value.
03
How Prediction Market Winnings Are Taxed
Prediction market winnings are taxable income. Learn what you owe, how to report trades on Polymarket and Kalshi, and what records the IRS expects.
04
What Is USDC on Polygon and How Does It Work?
USDC on Polygon is a stablecoin pegged to the US dollar that runs on a faster, cheaper blockchain network than Ethereum. Here's how it works.
05
How to Deposit Money on Polymarket
Fund your Polymarket account in minutes. Step-by-step guide to depositing USDC using credit card, bank transfer, or crypto wallet. No experience needed.
06
How to Sign Up for Polymarket Complete Step-by-Step Guide
Create a Polymarket account in minutes. Step-by-step guide for wallet setup, verification, and first deposit no crypto experience needed.
07
Do You Need Crypto to Use Prediction Markets?
Most prediction markets now accept credit cards and bank transfers. Learn which platforms require crypto, which don't, and how to start with $20.
08
How to Sign Up for Kalshi
Create a Kalshi account in 5 minutes. Step-by-step guide to sign up, verify identity, and make your first deposit on the regulated prediction market.
09
Can You Make Money in Prediction Markets?
Prediction markets don't reward being right. They reward being right before the price knows it. Here's what that means in practice.
10
Crowd vs. Money: Why the Same Percentage Can Mean Two Very Different Things
Crowd vs. Money is a PredictionCircle signal that separates two measures of market conviction: breadth versus depth.