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How event contracts work

Price equals probability. A contract at 40¢ means the market thinks there's a 40% chance. Here's the full mechanic, with a Lakers walk-through.

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Guides

What Is Novig? A California Trader's 2026 Guide

Novig is a peer-to-peer sports exchange built for traders who've been limited or banned by sportsbooks. No house, no winner limits, tight pricing set by other traders. Here's what it offers and whether a California trader should use it.

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Guides

What Is Sleeper? A California Trader's 2026 Guide

Sleeper is a fantasy and pick'em sports app with a large existing sports community. Here's what makes it different, who it's for, and what a California trader who wants a CFTC-regulated exchange should use instead.

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Guides

What Is Chalkboard? A California Trader's 2026 Guide

Chalkboard is a pick'em-style app built almost entirely around player props: LeBron's points, Steph's threes, Mahomes' passing yards. Here's what it does, who it's for, and what a California trader who wants a CFTC-regulated exchange should use instead.

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Guides

What Is Rebet? A California Trader's 2026 Guide

Rebet is a social sweepstakes sportsbook built for people who want to share picks and play alongside friends. It isn't available in California. Here's what it does, who it's for, and what Californians can use instead.

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Guides

Recap: Prediction Markets Calendar: May: July 2026

The NBA Finals, the Stanley Cup, the French Open, the World Cup, and a Federal Reserve meeting all land inside a 10-week window. Here's the full prediction markets calendar for May through July 2026: what's tradable, when, and on which platforms.

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