The brand of Robinhood Markets is seen at a pop-up occasion on Wall Avenue after the corporate’s preliminary public providing in New York Metropolis on July 29, 2021.
Andrew Kelly | Reuters
Robinhood introduced Tuesday that the web dealer is launching new prediction markets for skilled and college-level soccer.
Prospects will now be capable of commerce on the outcomes of “the preferred” NFL and school soccer video games on the Robinhood app. Robinhood mentioned these video games would come with common season professional matchups and all school Energy 4 colleges video games.
The prediction markets are at the moment rolling out, in accordance with Robinhood, and might be accessible to prospects “within the coming days,” with plans to launch the primary two weeks of the common soccer seasons and finally add weekly matchups.
“Including professional and school soccer to our prediction markets hub is a no brainer for us as we purpose to make Robinhood a one-stop store for all of your investing and buying and selling wants,” Robinhood Vice President of Futures and Worldwide JB Mackenzie mentioned in an announcement.
Jayden Daniels #5 of the Washington Commanders celebrates after speeding for a landing within the first quarter in opposition to the Cincinnati Bengals in the course of the NFL Preseason 2025 recreation between Cincinnati Bengals and Washington Commanders at Northwest Stadium on August 18, 2025 in Landover, Maryland.
Greg Fiume | Getty Pictures
The brand new transfer comes as Robinhood is aggressively increasing its prediction markets and wades deeper into the sports activities wagering area. On its second-quarter earnings name final month, CFO Jason Warnick mentioned the corporate is seeing its strongest engagement in sports activities wagers, with CEO Vlad Tenev including that the corporate sees “a giant alternative” in sports activities betting.
The dealer added that the soccer prediction markets will differ from sports activities betting, permitting consumers and sellers to have interaction with one another to set the value. Robinhood mentioned it expects the soccer prediction markets to be tradeable on a regular basis between 8 a.m. ET and three a.m. ET.
Since first unveiling its prediction markets on the finish of of final yr, Robinhood mentioned it is seen greater than 2 billion contracts traded.
The inventory is up greater than 400% over the one-year interval.
