State guide · updated July 2026

Prediction markets in Texas

AvailableTX

Texas residents can access CFTC-regulated event contracts on Kalshi and ForecastEx. Texas has not pursued the aggressive enforcement seen in Nevada or New Jersey, though general gambling restrictions remain strict.

State regulator
Texas Lottery Commission
Recommended platforms
Kalshi, ForecastEx
Editorial disclosure. HunchMarkets may earn a commission when readers sign up via our links. Our rankings, ratings and methodology are decided independently of commercial relationships.

Platform availability in Texas

K
Kalshi

Available to Texas residents subject to Kalshi's standard KYC.

4.7/5
CFTC-regulatedAvailable in Texas
P
Polymarket

Polymarket is not legally available to US residents.

4.3/5
OffshoreRestricted in Texas
F
ForecastEx

Available to Texas residents subject to ForecastEx's standard KYC.

4.4/5
CFTC-regulatedAvailable in Texas
Important Texas disclaimer. Legal status of prediction markets is fluid and varies between state regulators, the CFTC and individual platforms. Information here is illustrative and may change. Always check the platform's current terms and your state's most recent guidance before trading.

FAQ

Texas prediction market questions

Are prediction markets legal in Texas?+

Texas residents can access CFTC-regulated event contracts on Kalshi and ForecastEx. Texas has not pursued the aggressive enforcement seen in Nevada or New Jersey, though general gambling restrictions remain strict.

Is Kalshi available in Texas?+

Available to Texas residents subject to Kalshi's standard KYC.

Are sports event contracts available in Texas?+

Sports event contracts are subject to the same federal CFTC framework and are generally accessible to Texas residents, though that may change.

What should I know before signing up from Texas?+

Confirm the platform's current state availability on its own site before depositing funds. Use only regulated US exchanges; trade only what you can afford to lose; and read each platform's risk and terms documentation.