Best soccer prediction market sites for smart picks

What are soccer prediction market sites and how do they work?

A quick question for beginners. How do prediction markets work? If you assume that the soccer prediction markets are like what you find on sportsbooks, that's not the case. Prediction markets are slightly different.

Soccer prediction market sites are platforms that let you trade contracts on various soccer events. You'll find events that cover matches from the English Premier League (EPL), Major League Soccer (MLS), Serie A, La Liga, World Cup, UEFA Champions League, and more.

Every event will have a Yes and No contract that you can purchase, depending on how you think the event will go. You might find an event to predict if Lionel Messi will end up as the World Cup Golden Boot winner. If you think this will happen, you'll purchase a Yes contract. You can also purchase the No contract instead, if you predict Messi won't win the Golden Boot.

For sports events listed on prediction markets, there is always a settlement date. This settlement date indicates the exact time at which the event will conclude, and all traders will receive their potential payouts. If there are no issues when the event settles, all winning contracts will be worth $1, while losing contracts will be worth $0.

The winning contract depends on the outcome of the event. If the event happens, the Yes contracts become the winning contracts. However, the No contracts are regarded as the winning contracts if the event doesn't occur.

Quick look at factors to consider when selecting soccer prediction sites

The best soccer prediction markets don't just appear because you need them. You have to do a little research to find them. You might have a list of things you look for when picking a prediction site, but you should also consider these to ensure you're getting the best service:

Prediction market options: Of course, you must prioritize the availability of soccer prediction markets when picking a site. However, you should also check other markets, such as culture, crypto, and tech. Having more markets gives you other options when there is no soccer event or you need a break.

Trading fees: Every time you place a trade on prediction markets, you must pay a fee. This is usually called the trading fee and might include a commission and exchange fee. Depending on the platform, the fee may be percentage-based or fixed.

Mobile trading service: Having the option to switch to a mobile trading option whenever you want is great. To do this, you need a platform that offers downloadable mobile apps or a mobile website. The best NBA prediction market sites and other top platforms all support mobile trading.

Deposit and withdrawal options: Top payment methods, such as e-wallets, cryptocurrencies, bank transfers, and bank cards, are available on prediction market sites. You can pick a site based on your preferred payment option, but be sure to confirm it meets your needs across various areas.

A look at some of the best soccer prediction market sites

Now that you're ready to sign up on the best soccer prediction market sites, we have a few platforms that you can check out. Some of these options focus solely on sports prediction markets, which means you get a much better soccer prediction market service when you visit them:

Underdog Predict - A great combination of prediction markets and DFS service

Underdog Predict is a trustworthy soccer prediction market that also offers a Daily Fantasy service. At Underdog, you'll only have the option to trade sports markets, including events from the NBA, MLB, MMA, Tennis, and soccer. The events on the site are powered by Kalshi, one of the top exchanges for prediction markets. A prediction market welcome bonus isn't available at Underdog Predict, but there is an option to claim $50 in bonus entries for its fantasy sports service. Underdog Predict allows you to combine event contracts with fantasy picks, so if you're interested in both services, this might be a great option for you.

Trading derivatives involves risk and may not be appropriate for all. For more information visit: https://www.nadex.com/rules and https://underdogfantasy.com/rules. For Crypto.com Predictions, the term "pick" refers to a product traded on CDNA.

PrizePicks Predict - Excellent mobile trading platform

PrizePicks is another platform that ranks among the best soccer prediction market sites. The operator has only sports and culture prediction options, which is an okay selection. Its soccer prediction market focuses on spreads, winners, and total points outcomes, which many traders prioritize. As with other top prediction sites, traders determine contract prices. You can exit a trade early, which is a huge boost for individuals looking to protect their profits when it matters. Despite many great soccer prediction features on PrizePicks Predict, the site doesn't have a welcome bonus for its traders. It does offer a $50 welcome bonus for the Lineups service, which is better than nothing.

DraftKings Predict - Top prediction market welcome bonus

While Underdog and PrizePicks focus more on sports prediction markets, DraftKings Predict is an excellent option if you're also looking for the best stock prediction market sites to visit. The site rewards new members with $200 in prediction credits over 21 days if they spend $5. This welcome bonus is one of the best available, and you can also take advantage of a referral bonus for more rewards.

The soccer prediction market on DraftKings Predicts provides access to all the top events from major leagues and tournaments. You'll find the option to trade on moneylines, props, totals, and point spreads. You can also create a combo, which consists of multiple event contracts.

New to prediction markets? Some tips from our experts

Continuous learning is vital if you intend to become an expert at trading on prediction markets. You might make mistakes along the way, but you can avoid most of them by following these tips:

Pros and cons of soccer prediction markets

Conclusion: Our thoughts on soccer prediction markets

Prediction markets provide a legal and safe option to maximize your sports knowledge in the US. Trading event contracts give you the option to avoid the fixed-price mechanic of sportsbooks and eliminate the house edge on any trade. There are several soccer prediction markets available, so finding the best option always has a significant impact on your trading experience. We've provided our recommendations for the top sites to visit, and you can sign up using any of the links on this page.

Our Recommended Prediction Markets

The best soccer prediction market sites FAQs

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