Step-by-step explainers for reading odds, choosing a platform and managing risk.
Polymarket converts any supported deposit into pUSD on Polygon. Which chains and tokens work, the minimum for each, what happens to large deposits, and how deposits work on the dollar-based Polymarket US app.
A Michigan judge barred Kalshi’s sports contracts in September 2026 after the attorney general sued under the state’s sports betting law. What is blocked, what you can still trade, the fines, and the state’s fight with a gambling-help charity.
The Sixth Circuit ruled in September 2026 that Ohio can enforce its gambling laws against Kalshi’s sports contracts, and the state ordered ten operators to stop by 16 October. Most did not. Where things stand for Ohio traders.
Utah bans all gambling, beat Kalshi in federal court in August 2026, and sued it in state court on 20 October. What the rulings say, what Utah wants blocked, and what it means for traders in Utah.
Kalshi still operates in New York, its home state, but New York has sued it for at least $36 billion and a federal judge refused to block state enforcement. The timeline, the CFTC’s emergency order, Polymarket, and what New Yorkers can trade.
Kalshi does not offer its markets in Nevada. The state’s gaming regulators won at the Ninth Circuit in August 2026, Polymarket US paused there too, and the case is heading toward the Supreme Court. The timeline and what it means.
Kalshi is available in Georgia with its sports contracts, though sports betting failed again in the 2026 legislature. Why Georgia has not acted, what the Eleventh Circuit has (not) said, Polymarket US, and what Georgians can trade.
Hawaii bans every form of gambling, yet Kalshi and Polymarket US are live there. Why federal regulation creates the gap, the 2026 bill that stalled in the Senate, the talk of taxing Kalshi, and the Ninth Circuit risk.
In 2026 both big prediction markets added perpetual futures: Kalshi in the US from June, Polymarket outside the US from September. What a perp is, how leverage, funding and liquidation work, with worked examples, and how it differs from a $1 event contract.
