Robinhood States
Robinhood is a legal, legitimate prediction market app that is available in all U.S. states, except Maryland. Sports trading is unavailable in Nevada.
Deposit & Withdrawal Methods
Payout Speed
Up to 3 Business Days
Robinhood offers prediction markets through Robinhood Derivatives, LLC, which is regulated by the Commodity Futures Trading Commission, or CFTC, as a futures commission merchant. Since it falls under CFTC oversight, the platform does not operate on the same state-by-state licensing model as traditional sportsbooks.
Robinhood is not a designated contract market exchange like Kalshi. Put simply, Robinhood is the broker layer. It gives users access to event contracts listed on regulated exchanges like KalshiEX and ForecastEx rather than listing those contracts itself.
Even with that federal status, Robinhood is not available nationwide. The app is off-limits in Maryland, and Nevada users cannot trade sports contracts on the platform.
Inside Robinhood’s prediction markets hub, users can trade event contracts across categories like sports, politics, culture, crypto, climate, economics, companies, financials, tech and science, health, and world events.
Robinhood has run into the same kind of state-level pushback that has hit Kalshi, Crypto.com, and other prediction market platforms. Several states have argued that Robinhood’s sports event contracts amount to unauthorized or unlicensed sports betting under state law.
Below is a state-by-state look at those disputes.
- Connecticut: Connecticut ordered Robinhood to stop advertising and offering sports event contracts to residents. State officials argued that Robinhood was engaged in unlicensed online sports wagering.
- Maryland: Maryland sent Robinhood Derivatives a cease-and-desist in April 2025. The state said contracts tied to sporting events and league play could not be offered there unless specifically authorized under Maryland law.
- New Jersey: New Jersey sent Robinhood a cease-and-desist over what the state described as unauthorized sports wagering. Regulators said Robinhood was offering sports betting to residents in violation of state law and the state constitution.
- Nevada: Nevada’s issue with Robinhood was that the platform was letting customers trade sports event contracts from KalshiEX through the Robinhood app. State officials argued that even as a broker, Robinhood could not offer that product in Nevada without proper authorization. A federal court declined to grant Robinhood emergency relief.
Robinhood State Availability Overview
Here’s a state-by-state look at where Robinhood is fully available and where sports markets are restricted or unavailable.
| state | available | sports contracts |
|---|---|---|
| Alabama | ✅ Yes | ✅ Yes |
| Alaska | ✅ Yes | ✅ Yes |
| Arizona | ✅ Yes | ✅ Yes |
| Arkansas | ✅ Yes | ✅ Yes |
| California | ✅ Yes | ✅ Yes |
| Colorado | ✅ Yes | ✅ Yes |
| Connecticut | ✅ Yes | ✅ Yes |
| Delaware | ✅ Yes | ✅ Yes |
| District of Columbia | ✅ Yes | ✅ Yes |
| Florida | ✅ Yes | ✅ Yes |
| Georgia | ✅ Yes | ✅ Yes |
| Hawaii | ✅ Yes | ✅ Yes |
| Idaho | ✅ Yes | ✅ Yes |
| Illinois | ✅ Yes | ✅ Yes |
| Indiana | ✅ Yes | ✅ Yes |
| Iowa | ✅ Yes | ✅ Yes |
| Kansas | ✅ Yes | ✅ Yes |
| Kentucky | ✅ Yes | ✅ Yes |
| Louisiana | ✅ Yes | ✅ Yes |
| Maine | ✅ Yes | ✅ Yes |
| Maryland | ❌ No | ❌ No |
| Massachusetts | ✅ Yes | ✅ Yes |
| Michigan | ✅ Yes | ✅ Yes |
| Minnesota | ✅ Yes | ✅ Yes |
| Mississippi | ✅ Yes | ✅ Yes |
| Missouri | ✅ Yes | ✅ Yes |
| Montana | ✅ Yes | ✅ Yes |
| Nebraska | ✅ Yes | ✅ Yes |
| Nevada | ✅ Yes | ❌ No |
| New Hampshire | ✅ Yes | ✅ Yes |
| New Jersey | ✅ Yes | ✅ Yes |
| New Mexico | ✅ Yes | ✅ Yes |
| New York | ✅ Yes | ✅ Yes |
| North Carolina | ✅ Yes | ✅ Yes |
| North Dakota | ✅ Yes | ✅ Yes |
| Ohio | ✅ Yes | ✅ Yes |
| Oklahoma | ✅ Yes | ✅ Yes |
| Oregon | ✅ Yes | ✅ Yes |
| Pennsylvania | ✅ Yes | ✅ Yes |
| Rhode Island | ✅ Yes | ✅ Yes |
| South Carolina | ✅ Yes | ✅ Yes |
| South Dakota | ✅ Yes | ✅ Yes |
| Tennessee | ✅ Yes | ✅ Yes |
| Texas | ✅ Yes | ✅ Yes |
| Utah | ✅ Yes | ✅ Yes |
| Vermont | ✅ Yes | ✅ Yes |
| Virginia | ✅ Yes | ✅ Yes |
| Washington | ✅ Yes | ✅ Yes |
| West Virginia | ✅ Yes | ✅ Yes |
| Wisconsin | ✅ Yes | ✅ Yes |
| Wyoming | ✅ Yes | ✅ Yes |
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