Is Polymarket better than PredictIt?

For most traders, yes. Polymarket has no position limits, lower fees, and higher liquidity. PredictIt has an $850 position cap and 10% fee on profits.

Can US users access both platforms?

US users can use PredictIt (with limitations) but are blocked from Polymarket. Kalshi is another US-legal option.

Which has more markets?

Polymarket has significantly more markets across crypto, politics, sports, and entertainment. PredictIt focuses mainly on US politics.

What is PredictIt's $850 position limit?

PredictIt restricts traders to $850 maximum investment per market, severely limiting profit potential. This cap exists due to their CFTC no-action letter requirements, while Polymarket has no such restrictions allowing unlimited position sizes.

How do withdrawal fees compare between platforms?

PredictIt charges a 5% withdrawal fee on top of the 10% fee on profits, making it expensive to cash out. Polymarket only charges nominal blockchain gas fees (usually under $1) and a small USDC withdrawal fee, making it much cheaper for active traders.

Which platform has better odds and liquidity?

Polymarket generally offers tighter spreads and deeper liquidity on major markets due to higher volume and no position limits. PredictIt's fees and restrictions mean odds are often less favorable, especially for experienced traders seeking value.

Is PredictIt shutting down?

PredictIt faced shutdown threats in 2023 after the CFTC withdrew their no-action letter, but they reached a settlement allowing continued operations with restrictions. The platform remains active but faces ongoing regulatory uncertainty, making Polymarket a more stable long-term option for international users.

Polymarket vs PredictIt 2025 | Complete Comparison

Polymarket and PredictIt are both prediction markets, but they serve different audiences and operate under vastly different regulatory frameworks. This comparison helps you understand which platform is right for your trading needs based on legal status, fees, and features.

Platform Overview

Polymarket

• Founded: 2020
• Blockchain-based (Polygon)
• Uses USDC stablecoin
• No KYC required
• US users blocked
• $3.5B+ 2024 election volume

PredictIt

• Founded: 2014
• Traditional web platform
• USD via bank/card
• Full KYC required
• US users allowed
• Academic research focus

Key Differences

Fees

Polymarket: 0% trading fees (only blockchain gas ~$0.01) - learn more in our fee guide
PredictIt: 5% on every trade + 10% on profits withdrawn

PredictIt's 15% total fee burden significantly impacts profitability. A winning trade that returns 50% on Polymarket only returns ~35% on PredictIt after fees. This is a crucial consideration when evaluating win rates across platforms.

Position Limits

Polymarket: No position limits
PredictIt: $850 maximum per market

PredictIt's strict limits prevent large-scale trading and limit profit potential. Polymarket whales regularly hold positions worth millions (see our whale trading guide). Learn how to track smart money on Polymarket.

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Market Selection

Polymarket: Politics, crypto, sports, entertainment, economics
PredictIt: US politics only

PredictIt is limited to political markets due to its academic research designation. Polymarket offers much broader coverage, giving traders more opportunities to find arbitrage opportunities.

Liquidity

Polymarket has significantly higher liquidity, especially on major events. During the 2024 election, Polymarket had 10-50x more volume than PredictIt on equivalent markets. Higher liquidity means better execution and less slippage—important factors when following top traders.

Regulatory Status

PredictIt operates under a CFTC no-action letter for academic research—legal but limited. Polymarket settled with CFTC in 2022 and now blocks US users entirely (read our US guide for details). Both platforms ensure market safety through different mechanisms.

Side-by-Side Comparison

Feature	Polymarket	PredictIt
US Access	Blocked	Allowed
Trading Fee	0%	5%
Profit Fee	0%	10%
Max Position	Unlimited	$850
Markets	All types	Politics only
KYC Required	No	Yes
Currency	USDC (crypto)	USD

Which Should You Choose?

Choose Polymarket if:

You're outside the United States
You want zero trading fees
You want to trade large positions
You're interested in non-political markets (see other alternatives)
You prefer crypto-native platforms (learn about USDC deposits)

Choose PredictIt if:

You're a US resident and want legal access
You only care about US political markets
You prefer USD deposits without crypto
You're okay with small position sizes (avoid common beginner mistakes)

Track Both Markets

PolyTrack helps you monitor Polymarket whale activity. Use our insights to find opportunities, then trade on whichever platform you have access to. Learn how to find winning traders and use our portfolio tracker to manage positions across platforms.

Polymarket vs PredictIt: Which Prediction Market is Better?