sports prediction

Gate

2026-08-27 06:08:56

Gate keeps event-market momentum going with two La Liga matches and incentive campaigns

Gate’s event market remains active as two La Liga fixtures are set for Aug. 28, with Celta facing Osasuna at 02:30 (UTC+8) and Barcelona taking on Athletic Club at 03:00 (UTC+8), according to Odaily. Current support rates for Celta, Osasuna and a draw stand at 49%, 23% and 29%, while the Barcelona-Athletic Club market shows 79%, 8% and 15%, respectively. Gate has also launched the second phase of its event points campaign. The current total prize pool is listed at $16,960, including a points pool of $13,521 and a lucky jackpot pool of $10,552. As of now, the No. 1 user on the leaderboard is expected to receive 5,088 USDT. Users on Gate App v8.32 or later can earn scratch cards through valid event contract trading, based on cumulative volume. In parallel, Gate is running its "Top Five Leagues Kickoff Carnival" from Aug. 12 at 16:00 to Aug. 31 at 16:00 (UTC+8), with a total prize pool of 200,000 USDT and rewards tied to designated football event trades.

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Polymarket

2026-07-11 01:52:13

Polymarket Bettor Nets Over $2M on Magic vs. 76ers Prediction

A Polymarket user reportedly earned over $2 million by betting $490,000 on the Orlando Magic to beat the Philadelphia 76ers in the NBA play-in game.

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Kalshi

2026-06-30 05:53:20

Michigan Court Issues Temporary Restraining Order Against Kalshi: Sports Prediction Trading Banned, $120,000 Daily Fine

The Ingham County Circuit Court in Michigan has issued a temporary restraining order against prediction market platform Kalshi at the request of Attorney General Dana Nessel. The order prohibits Kalshi from offering sports event prediction trading to Michigan residents and requires integration of a state-licensed geolocation service, with a daily fine of $120,000 for non-compliance. This move underscores increasing state-level regulatory scrutiny on prediction markets, potentially impacting Kalshi's nationwide expansion.

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Onyx Odds

2026-06-25 10:14:47

Onyx Odds Raises $20M Series A Led by Kraken Parent to Bridge Social Prediction and Crypto

Onyx Odds has closed a $20 million Series A funding round led by Payward Ventures, the parent company of Kraken, at a valuation of $220 million. The platform uses a Sweepstakes model to legally offer sports predictions in the US, allowing users to win cash prizes without direct betting. The funds will be used to build social prediction features and integrate with crypto assets, aiming to merge traditional prediction markets with decentralized ecosystems.

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CFTC

2026-06-14 19:00:51

CFTC Proposal Redraws the Line for Prediction Markets and Event Contracts

The CFTC issued a proposed rule on June 10 to revise Regulation 40.11 and add Appendix F, creating a more structured review process for event contracts in prediction markets. The proposal focuses on terrorism, assassination, war, unlawful activity and public interest standards, while also addressing sports prediction markets, insider trading risks and the dispute between federal oversight and state gambling regulation.

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ForeGate

2026-06-14 19:00:51

ForeGate Builds a World Cup Prediction Market Push Around Michael Owen and a Million-Dollar Pool

ForeGate is preparing a World Cup-focused prediction market campaign with a live stream featuring global brand ambassador Michael Owen, a dedicated 2026 World Cup activity page, points-based tasks, trading challenges and a million-dollar prize pool. The platform is also using sports, esports, event markets, creator markets and crypto price predictions to support broader user participation.

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