Published on: October 23, 2025, 12:50h.
Updated on: October 23, 2025, 12:50h.
- Brokerage firm announces plans for over 100 new event contracts soon
- Recently introduced 35 election-related contracts
- Robinhood collaborates with Kalshi for prediction markets
Robinhood Markets (NASDAQ: HOOD) is set to broaden its prediction markets, aiming to launch more than 100 new event contracts in areas such as politics and sports in the near future.
Last Friday, the trading platform launched around 20 yes/no contracts with political relevance, including probabilities on potential meetings for President Trump this year, the chances of a national bitcoin reserve, tariff policies on semiconductors, possibilities of Trump pardons, and the future of Federal Reserve Chairman Jerome Powell.
In anticipation of the highly publicized New York City mayoral election and gubernatorial races in New Jersey and Virginia, Robinhood rolled out roughly 15 political event contracts on Wednesday. The firm has established its position in prediction markets through a collaboration with Kalshi.
Event contracts are provided by Robinhood Derivatives using either Kalshi or ForecastEx. We assess various factors, including liquidity and the types of contracts available, to determine the best options for our customers,” a spokesperson shared with Casino.org.
Both Kalshi and Robinhood share the profits from the event contracts traded on the platform.
Expansion of Sports Contracts by Robinhood
Despite ongoing legal challenges concerning Kalshi’s offerings being classified as sports betting, which have also involved Robinhood, the financial services company is intensifying its focus on sports derivatives.
The 2025-26 NBA season kicked off Tuesday, and the first game of the World Series is set for tomorrow, prompting Robinhood to prepare for a potential rise in sports prediction market activity. This week, the firm introduced contracts related to the World Series and a variety of NBA derivatives, encompassing individual games, conference and league champions, awards, and win totals.
Robinhood plans to unveil “100+ new contracts spanning sports, politics, economics, business, culture, and more” in the upcoming weeks and months. However, details on how many of these will be sports-related have yet to be provided.
With the NFL season ongoing, the NBA gaining momentum, college basketball starting shortly, and college football’s bowl season approaching in December, there are numerous opportunities for increasing sports offerings in prediction markets.
Robinhood’s Significance in Kalshi’s Landscape
In light of reports indicating that Kalshi’s valuation has potentially doubled within weeks, it’s crucial to acknowledge Robinhood’s pivotal role in this scenario.
Recently, Piper Sandler analyst Patrick Moley reported that Robinhood’s prediction markets achieved a remarkable $2.6 billion in volume within the month, with much of September still remaining. He noted that Robinhood accounts typically contribute between 25% to 35% of Kalshi’s market turnover daily.
Based in California, Robinhood has shown interest in launching prediction markets for international clients and may consider acquisitions to enhance its market position. The company could also utilize its internal capabilities to facilitate this expansion.