Robinhood Markets has introduced pre-set combinations on the outcome, totals and spreads of individual NFL games, directly competing with parlay and prop bet offerings seen on traditional sports betting platforms.
The features were unveiled as part of Robinhood's keynote event in San Francisco, California, with VP and GM of Futures and International JB Mackenzie stating the offering will have the same "structural look or feel as a parlay."
By early 2026, users of the prediction marketplace will be able to create custom combinations of up to 10 outcomes for any NFL slate. Robinhood has also introduced new features to allow for betting on an NFL player's performance in real-time.
Robinhood users are now able to wager on prop bets such as whether a certain player will score a touchdown at any point in the game or over/under offerings for passing, receiving and rushing yards.
According to Robinhood, the marketplace will look to extend such offerings outside of the NFL in the near future, including opportunities for non-sports-related events such as economic data.
On December 18, Kalshi notified the Commodity Futures Trading Commission (CFTC) of its self-certified markets linked to whether college athletes will enter the NCAA transfer portal, a move that has drawn sharp criticism from the organization.
NCAA President Charlie Baker confirmed the Association "vehemently opposes college sports prediction markets," and believes allowing markets on transfer decisions will place additional pressure on student athletes and pose risks to competition integrity and recruiting processes.
According to a filing submitted to the CFTC, Kalshi's proposed markets would apply to NCAA Division I football and basketball players.
Miami International Holdings agreed to sell a 90% stake in its MIAX Derivatives Exchange to Robinhood Markets on November 26, in partnership with Susquehanna International Group
