Robinhood Enters the Football Prediction market: A new Play for Investors
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Robinhood Markets (HOOD) is expanding its foray into alternative investing, announcing Tuesday the launch of prediction markets centered around professional and college football. This move signals a broader strategy to attract users and diversify revenue streams beyond conventional stock trading.
The new markets will allow customers to trade on the outcomes of NFL and Power Four college football games directly within the robinhood app. According to Robinhood Vice President of Futures and International,JB Mackenzie,”Adding pro and college football to our prediction markets hub is a no-brainer for us as we aim to make Robinhood a one-stop shop for all your investing and trading needs.” Trading will be available daily from 8 a.m. ET to 3 a.m. ET.
Beyond Traditional Investing: Robinhood’s Sports Wagering Push
This isn’t Robinhood’s first venture into the world of prediction markets. The company first unveiled these markets at the end of last year with a focus on political events, including the 2024 presidential election allowing users to trade contracts on potential election outcomes. Since then, Robinhood reports over two billion contracts have been traded, demonstrating meaningful user engagement.
The expansion into football comes as Robinhood aggressively expands its offerings in the sports wagering space. During its second-quarter earnings call in July 2025, Chief Financial Officer Jason warnick highlighted the company’s strongest engagement yet in sports wagers, with CEO Vlad Tenev expressing a belief in the “big opportunity” presented by sports betting.
How Robinhood’s Prediction markets Differ from Sports Betting
Robinhood emphasizes a key distinction between its prediction markets and traditional sports betting.Instead of wagering against the house, these markets function as exchanges where buyers and sellers determine the price based on their collective predictions.This peer-to-peer model offers a different dynamic, perhaps appealing to a wider range of users interested in expressing their market views.
