Are prediction markets legal in Texas?
Here is where Kalshi, Polymarket and ProphetX stand for Texas traders heading into the 2026 college football season. This page is informational only and not legal advice.
- Kalshi in Texas: Available.
- Polymarket in Texas: Available.
- ProphetX in Texas: Not available.
- Kalshi and Polymarket are CFTC-regulated; availability can still change. Confirm at sign-up.
What this means for Texas traders
Kalshi and Polymarket are regulated at the federal level by the CFTC, so their college football markets are generally available across the US, including Texas. A small number of states have contested federally-regulated sports event contracts, which is why some entries read as limited rather than fully available.
ProphetX is a peer-to-peer sports prediction exchange that operates state by state, so its availability in Texas is not available. Where a platform is available, you can sign up with our code and trade college football futures like the national title, Heisman and conference winners.
Redshirt Analytics is not a law firm and this is not legal advice. Rules change; always confirm current availability with each platform for your location before funding an account.
Frequently asked questions
Are prediction markets legal in Texas?
Kalshi and Polymarket are CFTC-regulated and available to Texas residents. ProphetX, a sports exchange, is not available in Texas. This is informational only, not legal advice.
Is Kalshi available in Texas?
Kalshi is a CFTC-regulated US exchange. In Texas it is available. Use code FADE at sign-up.
Can I use Polymarket in Texas?
Polymarket operates as a CFTC-regulated market and is available in Texas as of the 2026 season. Use code TGSWC at sign-up.