Law banning sports prediction markets enacted in 2026?
What resolves this contract
This market will resolve to "Yes" if any bill with the effect of banning CFTC-regulated prediction markets from offering sports betting contracts is signed into law by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No". Any bill that prohibits federally regulated prediction markets from offering sports betting contracts, or otherwise places such activities under state-level gambling regulation rather than federal regulatory oversight, will qualify for a “Yes” resolution. Qualifying legislation may include joint resolutions and must pass both the House and the Senate,
How to read the price
Prediction market prices are expressed in cents on the dollar. A YES contract trading at 10¢ means the market is pricing in a 10.5% implied probability of the event resolving YES. If resolution comes back YES, the contract pays $1. If NO, it pays $0.
Volume vs. open interest
Total traded volume ($9,730) reflects every buy and sell across the life of this contract. Open interest ($14,746) is the dollar value of positions currently held by traders. Deep liquidity and wide open interest are the two signals that the quoted price is reliable.
Where to trade this market
This contract is listed on Polymarket. PicksByOdds does not accept deposits, execute trades, or offer brokerage. We publish the data; you decide what to do with it.
Markets in the same story
| Market | YES | Volume |
|---|---|---|
| Will the US acquire part of Greenland in 2026? | 16¢ | $9,556,335 |
| Will Amanda Anisimova be the 2026 Women’s Wimbledon Winner? | 6¢ | $996,147 |
| Will María Corina Machado be the leader of Venezuela end of 2026? | 9¢ | $983,857 |
Common questions about this market
How is this market resolved?
This market will resolve to "Yes" if any bill with the effect of banning CFTC-regulated prediction markets from offering sports betting contracts is signed into law by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No". Any bill that prohibits federally regulated prediction markets from offering sports betting contracts, or otherwise places such activities under state-level gambling regulation rather than federal regulatory oversight, will qualify for a “Yes” resolution. Qualifying legislation may include joint resolutions and must pass both the House and the Senate,
When does this contract expire?
This contract closes on 2026-06-30, 72 days from now. After close, the final outcome is determined per the resolution rules above, and contracts settle at $1 (winning side) or $0 (losing side).
What happens if I buy YES at 10¢?
If the event resolves YES, each YES contract pays $1 — a profit of 90¢ per dollar risked. If it resolves NO, the contract pays $0 and the full 10¢ is lost. Current market price implies a 10.5% probability of YES.
Where is this market listed?
This contract is listed on Polymarket. PicksByOdds aggregates and displays public market data; we do not broker trades or custody funds.
How reliable is the quoted price?
This market has $9,730 in total traded volume and $14,746 in open interest. Deeper liquidity generally means tighter spreads and more reliable implied probabilities. Prices refresh multiple times per day.