Robinhood Launches American Football Prediction Market Service

Source
Son Min

Summary

  • Robinhood announced it will offer a betting service for the outcomes of professional and college American football games.
  • The new prediction service will cover all regular season pro games, college, and independent college games.
  • A Robinhood executive described the addition of a football prediction market as an important step in the US market.

Robinhood, a cryptocurrency trading platform, is offering a service that allows users to bet on the outcomes of professional and college American football games.

According to The Block on the 19th (local time), Robinhood stated in a press release, "We are launching a prediction service that allows users to bet on the outcomes of professional and college football games," adding, "This includes all regular season pro games as well as all college and independent college games."

JB Mackenzie, Vice President of Futures at Robinhood, said, "Football is the most popular sport in the United States," and "Adding professional and college football to the prediction market is only natural."

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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