Crypto.com prediction markets allow traders to buy and sell contracts on event outcomes. From sports to economics and politics, Crypto.com covers a broad range of markets. But what you won’t find is Crypto.com sports betting.
Sports prediction markets are entirely separate from sports wagering, which is why they are so broadly accessible in the United States. Fundamentally, prediction markets turn collective opinions into potentially profitable probabilities. If you want to learn more about how sports predictions work at Crypto.com, stick with us for a detailed overview.
Crypto.com Highlights
- Bet on major games with fast-settling outcome contracts
- Trade with fixed risk and transparent payouts
- Access real-time odds that move with market sentiment
What Are Sports Prediction Markets?
Sports prediction markets work just like financial exchanges. You can trade ‘yes’ or ‘no’ contracts on sports event outcomes, such as which team will win or how many goals you think will be scored. Typically, contract prices range between $0.01 and $0.99, with the prices reflecting the probability of the event happening. For example, a $0.45 contract indicates a 40% chance of the event occurring. If you predict the outcome correctly, you will win the $1 payout. However, if you are wrong, your contract is worthless. There is always a winner and a loser with prediction markets, unlike with traditional sports betting, when your bets can be voided.
Be aware of the following important information and disclaimer for Crypto.com, which you can find
.
![crypto com sign up]()
Sign up and start trading with Crypto.com
![crypto-com sports]()
Make predictions on sports events at Crypto.com
Sports prediction markets
are federally approved by the CFTC (Commodity Futures Trading Commission), meaning Crypto.com is accessible across the US. Prediction markets function in a similar way to stock exchanges, but there are some similarities with sports betting. Let’s take a closer look at how sports predictions work at Crypto.com:
🏈 Sports Prediction Example
Let’s say you are viewing an NFL market for ‘Dallas will win this season’. As you can see, markets are often posed as questions. You are presented with the following over/unders for this market:
- Over 8.5 wins
- Over 9.5 wins
If you think that the Dallas Cowboys will win the season by 8.5 wins or over, you can buy a ‘yes’ contract for the first option. ‘Yes’ contracts for this market are priced at $0.69 each. This implies a probability of 69% for this event happening. It’s worth noting that you can buy and sell contracts on multiple outcomes for the same market, depending on your strategy.
Crypto.com's prediction market for sports forecasting operates on a binary contract basis. This means that you will usually trade on ‘yes’ or ‘no’ outcomes with contracts priced at a fraction of $1.00. The price reflects the public’s collective belief and the probability of the event happening. As you will be put into a pair with another trader, both of your contracts together will amount to $1.00. For instance, if you buy a ‘yes’ contract for $0.40, you will be paired with someone who bought a ‘no’ contract for $0.60. The winner will then receive the $1.00 payout, whereas the losing trader will not get anything.
💰 How to Win a Prediction Market
There are two ways to profit from Crypto.com sports predictions. You can either buy a contract and hold it until the event concludes, where the winner will receive a payout. Alternatively, you can sell the contract at a higher price before the event starts. The latter is an interesting opportunity, as it allows you to see the value in your contracts without waiting for the game result.
📉 How to Lose a Prediction Market
Likewise, there are two ways to lose your money when trading on the
Crypto.com app. You can hold the contract until the event finishes, receiving $0 after incorrectly predicting the outcome, which is the more common one out of the two. Alternatively, you can sell the contract at a lower price than you paid originally, resulting in you incurring a loss. The latter only tends to happen when a trader realizes they are likely to lose and would rather secure a small win over losing it all.
One of the key features of sports prediction markets is that the traders influence the prices. Instead of betting on odds set by a bookmaker, the supply and demand drive the price. For example, the more traders who buy ‘yes’ contracts, the higher the price will get. On the other hand, if traders buy ‘no’ contracts, this will push the price down. Unlike in sports betting, when the odds are impacted by player injuries, referees, and team performance.
While outright winners are a common type of contract, you are not restricted to this type of event trading. Instead, Crypto.com offers a diverse range of contracts, including:
- Futures
- A long-term contract, such as the tournament winner.
- Point Spread
- Level the playing field by adding a handicap.
- Over/Under
- Predict an outcome based on whether the score will be higher or lower than the set amount.
- Player Props
- Forecast on individual player performances, instead of the team as a whole.
- Parlays
- Combine multiple predictions into one forecast for a potentially bigger payout.
Crypto.com applies fees per contract, depending on a series of qualifications. Let’s take a look at how the
Crypto.com fee
structure works:
| Action | $1 Contract | $10 Contract | $100 Contract |
Eligibility: Can You Forecast on Sports on Crypto.com?
If you want to participate in prediction markets at Crypto.com, you must meet the eligibility criteria. First of all, you must be at least 18 years old to join. You should also be physically located in a permitted area; otherwise, you will not be granted permission to access the site. Crypto.com runs a thorough KYC check on all new users, which requires you to show proof of your identity, age, and location. If you are found not to meet any of the entry requirements, your account is at risk of being suspended, with any
Crypto.com promo code
offers removed from your account.
Prediction Trading is facilitated through Crypto.com | Derivatives North America (CDNA). Foris DAX Inc. and Foris Inc. (d/b/a Crypto.com ) provide access to CDNA, a platform regulated by the U.S. Commodity Futures Trading Commission (CFTC), allowing users to trade derivatives in accordance with CDNA’s rules and regulations.
Weighing up whether or not Crypto.com and its sports prediction platform features suit you? Check out this summary of pros and cons to help iron out the details:
Pros and Cons
- Widely available in the US
- Transparent pricing structure
- iOS & Android app
- Beginner-friendly site
Overall, Crypto.com is a leading site for sports prediction markets, especially for those who have already used the site for trading cryptocurrencies. But you don’t need to be familiar with Crypto.com to take advantage of its prediction markets, as it’s a beginner-friendly site. Thanks to federal approval, Crypto.com sports predictions are legal and now widely available in the US, with no limitations.
Whether you are interested in predicting outcomes on the NFL, who will win the next Super Bowl, or how many touchdowns will occur in a specific game, Crypto.com has it all. What’s more, the transparent fee structure allows you to calculate the fees you will pay per contract before you start trading. As such, you can budget beforehand to ensure that your trades are never more than you can afford.
If you have enjoyed learning all about what sports markets Crypto.com lists, you can get started today by clicking the banners on this page. Just follow the signup process, and your account will be up and running in no time. Don’t forget to check out the bonuses, such as the
Crypto.com referral code, to maximize the site's potential.
Crypto.com Highlights
- Bet on major games with fast-settling outcome contracts
- Trade with fixed risk and transparent payouts
- Access real-time odds that move with market sentiment
🔎 How Old Do I Need to Be to Join Crypto.com?
You must be at least 18 years old to create an account at Crypto.com and trade contracts on event outcomes. If you do not meet this age requirement, you will not be authorized to join.
⚽ What Types of Sports Prediction Contracts Can I Trade?
You can trade contracts on a broad range of sports markets, including outright winners, tournament winners, parlay-style contracts, and futures. Whether you are a fan of football, baseball, basketball, golf, tennis, or horse racing, all of this is available, and more.
💸 Can I Lose More Than I Spend at Crypto.com?
Even if your prediction is incorrect, you cannot lose more than you spent when buying the contract. For example, if you buy a ‘yes’ contract for $0.85, the most you can lose here is $0.85 and never anything more.
⏱️ What Happens If a Sports Game Goes to Overtime?
Depending on the contract rules, you may still either win or lose your prediction. The result after overtime may not necessarily count, depending on the specific rules of your chosen market. As such, it’s best to check the conditions of your contract, so you know where you stand.
