A dated guide to Sporttrade from Wisconsin: why the exchange has closed its betting product, where its federally regulated prediction market plan stands, and what a Wisconsin reader can use now. Information, not advice.
Last reviewed 16 March 2026 · Status as of March 2026 · Information, not legal advice
Sporttrade ran under state gaming licences, none in Wisconsin, which confines sports betting to tribal casinos under state compacts. In May 2026 it announced it would leave United States online sports betting, ending wagering in its licensed states by 26 June 2026. It has filed to run a prediction market under the Commodity Futures Trading Commission, but that product is not live, so a Wisconsin resident has nothing to use today. Separately, Wisconsin sued other prediction market venues over sports event contracts in April 2026.
As of March 2026 the answer is no. Sporttrade has exited United States online sports betting, ending operations in its licensed states by 26 June 2026, and it never operated in Wisconsin, which limits sports betting to tribal casinos. It filed applications with the Commodity Futures Trading Commission in February 2026 to run a prediction market, and that review is still open, so no Sporttrade product is available to Wisconsin residents now. Confirm the current position before you act.
Wisconsin confines legal sports betting to tribal casinos operating under state compacts, generally in person on tribal land, with no licensing route for a commercial mobile exchange like Sporttrade. So Sporttrade was never available to Wisconsin residents, independent of the company's recent decisions.
In May 2026 Sporttrade announced it would exit United States online sports betting, with wagering in its licensed states ending on 25 May 2026 and all betting operations finishing by 26 June 2026, as reported across the industry. It then filed with the Commodity Futures Trading Commission in February 2026 to operate a prediction market as a Designated Contract Market and a clearing organization. That review remained open as of March 2026, and such approvals can take well beyond a period of 180 days. It is worth noting that Wisconsin is also actively hostile to sports event contracts more broadly: the state Department of Justice sued several prediction market venues over them on 23 April 2026.
For a Wisconsin reader the conclusion is that no Sporttrade product is open to you, now or before, and the state climate for sports event contracts is contested in any case. If you want to follow event contracts through a federally regulated venue, the platforms below are generally available to verified United States residents, subject to age and identity verification and any product level state limits, and bearing in mind that sports contracts are disputed in Wisconsin. Read our Wisconsin legality guide for the detail, and treat any future Sporttrade launch as conditional on a federal approval that has not yet been granted.
Availability is indicative and individual states may restrict specific products, sports event contracts in particular. Scores are illustrative editorial examples. Sporttrade is not among the venues open to you here today. Confirm the current position before acting.
A clear regulator does not make any contract safe to over trade. Prediction markets and event contracts can lose you money. Trade only what you can afford to lose, never to chase a loss, and never with borrowed money. If it stops feeling like a choice, step back. In the United States you can call or text 1-800-GAMBLER or visit ncpgambling.org. You must be 18+ or the legal age in your region.
No, as of March 2026. Wisconsin limits sports betting to tribal casinos under state compacts, and Sporttrade was never a licensee. Sporttrade has also left United States online sports betting entirely, and its prediction market product is pending federal approval and not live.
No. Sporttrade ran in a small group of states such as New Jersey, Colorado, Arizona, Iowa and Virginia, not Wisconsin, where sports betting is confined to tribal casinos. It announced its exit from United States online sports betting in May 2026.
No. Beyond Sporttrade, the Wisconsin Department of Justice sued several prediction market venues on 23 April 2026, arguing that sports event contracts are unlicensed sports betting. That case was pending as of March 2026, so sports contracts are contested in the state.
Federally regulated venues such as Kalshi and ForecastEx are generally open to verified United States residents, subject to age and identity checks and any limits on specific products. Sports contracts are disputed in Wisconsin, so confirm the current position on each platform and read our Wisconsin legality guide first.
The position above rests on Sporttrade's own exit from United States sports betting, its pending application to the Commodity Futures Trading Commission, and the state framework. Confirm it yourself before you act, because the rules change.
Status as of March 2026. General information, not legal advice.