Betting exchange by country

Because you are in the United States , the landscape for peer-to-peer betting and sports trading is unique. Traditional state-regulated sports betting exchanges (such as Sporttrade, which officially wound down its state-licensed sports operations) have largely shifted or exited in favor of federally regulated sports prediction markets and peer-to-peer trading apps operating under CFTC (Commodity Futures Trading Commission) oversight.[yogonet.com](https://www.yogonet.com/international/news/2026/05/19/121042-sporttrade-to-exit-us-online-sports-betting-markets-while-awaiting-cftc-decision)[[2](https://www.gamingintelligence.com/sectors/betting/230762-sporttrade-eyes-prediction-markets-after-us-sports-betting-exit)](https://www.gamingintelligence.com/sectors/betting/230762-sporttrade-eyes-prediction-markets-after-us-sports-betting-exit/)

The top options available depend on how your specific state treats event and sports prediction contracts:

• • Novig : Operating as a commission-free sports prediction exchange/trading platform, Novig has scaled widely across roughly 47 states (including major states without traditional mobile sports betting like California and Florida) by leveraging a peer-to-peer maker/taker model.[yogonet.com](https://www.sportsbettingdime.com/prediction-markets/novig/legal-states/)
• • Kalshi : As a federally regulated financial exchange, Kalshi offers legal event and sports contracts, though state-by-state availability and local regulatory pushback can fluctuate.[yogonet.com](]()]()

If you can share your specific state , I can verify the exact local legality and liquidity status for platforms like Novig or Kalshi in your area!

Because you are located in the United States , the landscape for peer-to-peer betting exchanges has shifted dramatically. Traditional state-by-state sports betting exchanges (such as Sporttrade, which permanently shut down its sports operations) have largely given way to federally regulated sports prediction markets/exchanges overseen by the Commodity Futures Trading Commission (CFTC).[oddsshopper.com](https://www.oddsshopper.com/articles/prediction-markets/prophetx-vs-novig)[[2](https://www.yogonet.com/international/news/2026/05/19/121042-sporttrade-to-exit-us-online-sports-betting-markets-while-awaiting-cftc-decision)](https://www.yogonet.com/international/news/2026/05/19/121042-sporttrade-to-exit-us-online-sports-betting-markets-while-awaiting-cftc-decision)[[3](https://www.sportsbettingdime.com/prediction-markets/novig/legal-states)](https://www.sportsbettingdime.com/prediction-markets/novig/legal-states/)

Depending on your specific state, the top peer-to-peer sports trading and exchange platforms available are:

• ProphetX: Operating as a CFTC-regulated exchange, ProphetX offers a peer-to-peer sports trading model functioning much like a traditional betting exchange. Following federal authorization changes, it is widely available across roughly 49 states (excluding Nevada).[oddsshopper.com](https://www.oddsshopper.com/articles/prediction-markets/prophetx-vs-novig)
• Novig: Functioning as a federally regulated Designated Contract Market (DCM) under the CFTC, Novig provides a commission-free sports prediction and trading exchange experience where users can buy and sell sports event contracts dynamically. Availability spans a broad multi-state footprint, though exact access depends on your specific local jurisdiction.[oddsshopper.com](https://www.oddsshopper.com/articles/prediction-markets/prophetx-vs-novig)[[2]()]()

If you share your specific U.S. state , I can tell you precisely which of these exchanges is legal and active in your area!