Smarkets alternatives
Smarkets alternatives in United States
Is Smarkets legal in United States?
Quick answer
Smarkets doesn't serve United States. The UK Gambling Commission license covers UK residents and a narrow list of other jurisdictions; United States isn't among them, and signups from United States IP addresses are blocked.
Available alternatives in United States
| Platform | Status | Notes |
|---|---|---|
| Polymarket Largest crypto-settled prediction market by volume; USDC on Polygon. | Restricted | Reachable via VPN, Polymarket ToS gray zone. |
| Kalshi CFTC-regulated US exchange; USD settlement, KYC required. | Available | CFTC-regulated US exchange. Native US dollar settlement and full KYC, the clean choice for US residents. |
| Manifold Play-money prediction market, no real cash, free to use globally. | Available | — |
| Limitless Newer on-chain prediction market on Base; lower fees, smaller volume. | Available | — |
| PredictIt Academic political prediction market run by Victoria University of Wellington. | Restricted | Academic markets, capped positions. |
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Regulatory context
The CFTC regulates US derivatives markets and event contracts. Its 2024 settlement with Polymarket sets the framework under which the platform may offer certain markets to US persons, with category-level restrictions evolving over time.
Official source: cftc.govOther platforms in United States
Common questions
01Is Smarkets legal in United States?
Is Smarkets legal in United States?
Smarkets doesn't serve United States. The UK Gambling Commission license covers UK residents and a narrow list of other jurisdictions; United States isn't among them, and signups from United States IP addresses are blocked.
02What's the best Smarkets alternative in United States?
What's the best Smarkets alternative in United States?
Kalshi, CFTC-regulated US exchange; USD settlement, KYC required. It works natively from United States and is the cleanest fallback when Smarkets isn't an option.
03How does Smarkets compare to Polymarket?
How does Smarkets compare to Polymarket?
Smarkets is a UK-regulated betting exchange with GBP settlement; Polymarket is a USDC-settled crypto exchange. Smarkets is licensed and tax-clear for UK residents; Polymarket is broader but unregulated in most jurisdictions.
04Is Smarkets only for sports betting?
Is Smarkets only for sports betting?
No, Smarkets has a sizable political and event-markets section (elections, current affairs, entertainment). Sports are the largest pool by volume, but the political book is a credible Polymarket alternative for UK residents.
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