Plus500 offers extensive prediction market coverage, across sports, politics, entertainment, and even climate. This operator offers pre-match and in-play markets across major leagues like the NFL, alongside niche disciplines such as Aussie Rules and MotoGP.
Currently, Plus500 is trading in 45+ US states. As a new customer, you’re also eligible to receive a $20 trading bonus for use on qualifying prediction markets and futures. A larger, $200 trading bonus is available across extensive futures markets, too.
We’ll extensively tested the Plus500 platform, including its event and market coverage, odds quality, and the site’s ease of use. Below, you’ll also learn about depositing and withdrawing funds via the interface.
| Support Types | E-Mail, Live Chat, Hotline |
|---|---|
| Deposit time | instant |
Plus500 allows you to trade predictions on real-world outcomes from sports and elections to culture and climate. Essentially, each market is framed with a question, and you predict the outcome by buying a binary Yes or No contract. If you get it right, your contract will settle at $1. On the other hand, if your prediction is wrong, then your contract becomes worthless and settles at $0.
However, you can also buy and sell contracts and potentially bank a profit before the market resolves. This depends on order book pricing and the real-time levels of liquidity.
Just like the markets I found during my Webull review, you can choose from a varied mixture of topics. To give you an idea, you can find contracts for sports, science & technology, politics, financials, crypto, commodities, and so much more. This list isn’t fully exhaustive, which gives you a hint at the variety that’s available here. If you want to try out live markets, those are widely available too. Here, you can predict live events, which are mostly sports.
Each contract is priced between $0.01 and $0.99, depending on the trading volume and traders’ opinions. The price reflects the implied probability, so if a contract is priced at $0.30, this indicates the market believes there is a 30% chance of that outcome happening. Therefore, the more popular outcomes (contracts) are priced higher.
Trading in futures involves the risk of loss and is not suitable for every investor.
As a new user, you will qualify for a Plus500 bonus. The primary prediction market bonus allows you to claim up to $20 when you deposit and trade $10. Your bonus funds will be credited within 7 days, although it’s currently limited to the first 5,000 customers and is valid until October 31st, 2026.
Once the bonus funds have been added to your account, you’ll have 90 days in which to deploy them. Unlike traditional sports betting bonuses, you won’t have to fulfil any wagering requirements during this timeframe, so it should be easier to meet the T&Cs.
Additionally, you can claim a futures trading bonus through the Plus500 site. This is a layered offer that unlocks up to $200 in cumulative bonus funds, although this requires an initial deposit of $10,000. The entry level requires a $500 deposit and unlocks $20 in bonuses. This is aimed at seasoned futures traders who assume large positions, while you should note that the same 90-day expiry applies.
| First Deposit | Trading Bonus |
|---|---|
| $500 | $20 |
| $1,000 | $50 |
| $5,000 | $100 |
| $10,000 | $200 |
Plus500’s layout is similar to most other prediction market sites, so if you checked out my ADI PredictStreet review, you’ll see a few similarities here. The main menu that you will use for prediction markets here is in the sidebar, where you will find the full list of available topics. From sports to climate, absolutely everything is broken down here into categories and sub-categories. There’s even a search bar sitting at the top of the sidebar, which is ideal if you know what event you’re after.
All the individual markets are presented in a grid format, so you can browse the full selection with ease. The grid format allows you to get an overview of the contract prices and chances, without loading the full page. So, if you’re not entirely sure what you want to trade on and want to shop around, this is ideal and makes your session so much easier.
Now, if you prefer to trade on the go or simply want to use your mobile device, you will be pleased to hear that there are iOS and Android apps available. You can either install the apps by clicking the icons at the bottom of the website or load your respective app store. After testing the iOS app, I saw that it’s comparable to the desktop version.
Naturally, there are a few minor changes, such as the layout and use of drop-down menus, but overall the experience is the same.
As I did for my recent Gemini Predictions review, I dived in and revealed everything I could find about the payment methods at Plus500.
As of right now, Plus500 accepts a great range of secure payment methods, including Visa, Mastercard, and bank transfers. It’s worth noting that you can’t use credit cards, so you must own a Visa or Mastercard debit card if you prefer to use that option. While it might feel a little frustrating, many sites are starting to remove credit cards from their supported methods, so this is becoming increasingly commonplace.
Your deposits are processed instantly, offering you rapid payments so you can start trading without any delay. When it comes to withdrawals, the processing speed varies according to your bank’s processing. On average, you can expect your withdrawals to land within 3 to 5 working days, or so.
Just keep in mind that there’s a 1.75% processing fee, based on the requested payout amount. There’s also a minimum withdrawal limit of $1 and a maximum limit of $150, which is applied across all payment methods.
As part of my Plus500 prediction markets review, I tried and tested each of the support channels to get an idea of the quality of the support.
Overall, the support here is excellent. The live chat is the main event, so I recommend utilizing this for most queries. I joined a queue in the mid-afternoon and the wait time initially said 1-3 minutes, but I was connected in less than 10 seconds. In total, my query was answered comprehensively in less than five minutes.
After entering my name and email, I was given a box to enter my first question, which was then promptly replied to. Unlike other prediction market sites, the response wasn’t copy-and-pasted, which felt much more personal.
Alternatively, you can send the team an email, which typically delivers a response well within 24 hours. I’d recommend using the site’s comprehensive FAQ section, too, which details how contracts are priced and the mechanics of prediction markets. There are also expert prediction market guides available, which are ideal for beginners.
After an in-depth look into the legitimacy of the operator and the general security, I’m happy to recommend Plus500 as a reliable prediction market site. First of all, Plus500 is a member of the CME Group and National Futures Association.
In addition to that, Plus500 is a multi-award-winning site that has even been listed in the FTSE 20 and on the London Stock Exchange’s Main Market. As you can see, the platform is gaining a lot of attention on the scene.
When it comes to your online safety, you are protected with SSL encryption software. This works by scrambling your sensitive data, including personal details and banking information, as it’s being entered. By doing this, it reduces the chances of your details being hacked, so you can trade with peace of mind.
Like what I found during my Meta Arena review, your details are under lock and key from the get-go.
Sports predictions are not available in all locations.
Plus500 is a highly recommended prediction market site, and one that offers extensive sports and political coverage. The operator is widely available in more than 45 states, too, while there are dedicated bonus offers for both prediction market and futures traders.
This site offers particularly impressive NFL coverage, while you can also trade contracts on relatively niche sports. I found the beginner guides to be highly informative, too, with the simple layout also making it easy to navigate markets and execute trades quickly.
The imposition of withdrawal fees is slightly disappointing. A universal, maximum withdrawal limit of $150 may also deter some traders. However, Plus500 remains one of the best prediction market platforms in the US and one that appeals to both inexperienced and seasoned traders.
Quite simply, if you correctly predict the outcome by buying the contract of the outcome that happens, you will receive a payout of $1 per share. If you forecasted the outcome incorrectly, you won’t receive anything. You can also sell existing positions early for a profit, liquidity permitting.
Yes, of course. There’s a fantastic live section, offering a range of in-play events. This includes sports-based contracts, while there’s a comprehensive range of pre-event markets available, too.
No, not at all. Unlike some prediction market sites, you don’t need to install the app to start trading. You can access all the features on the site and app, giving you the freedom of choice to access Plus500 as you wish.
When you signup here, you can claim up to $20 in bonus funds when you deposit and trade $10. This is ideal for beginners, especially given the 90-day period for fulfilment. The wider offer is aimed at futures traders, but this requires more sizable deposit and buy-ins.
This means ‘Yes’ shares are priced at 30 cents EACH, so buying until a successful resolution will deliver a 70% ROI. However, this price implies just a 30% probability of the outcome in question occurring.
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