Explainers
How Heisman markets settle: the voting, the finalists and the 12 December ceremony
How Heisman Trophy voting works, the 2026 dates (finalists 7 Dec, ceremony 12 Dec) and how a Heisman contract on a prediction market settles.
College prediction markets: live odds on schools, sports and admissions
What does the market think about your school?
Live odds on admit rates, rankings, and the campus discourse pulled straight from Kalshi and Polymarket.
For readers 21 and over. Prediction markets involve real money and real risk.
Kalshi: Trade $25 and Get $25! · code COLLEGEPMPolymarket US: Deposit $10 get a $25 Trading Bonus! · code COLLEGEPM
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Certain limitations apply. The offer is available to new users only, subject to the terms and conditions at kalshi.com/tc/500. 18+ only. Restrictions and eligibility requirements apply. Event contract trading involves significant risk and is not appropriate for everyone. Please carefully consider if it is appropriate for you in light of your personal financial circumstances. Kalshi products are not available in all jurisdictions. See kalshi.com/regulatory for more information.
18+ Only. Restrictions and eligibility requirements apply. Not available in all jurisdictions. Trading is risky. 100% loss can occur. See polymarket.com/tos for more information. The Polymarket US App serves as an independent software provider and affiliate of Polymarket US and Polymarket Clearing, the CFTC-regulated exchange and clearing organization.
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Certain limitations apply. The offer is available to new users only, subject to the terms and conditions at kalshi.com/tc/500. 18+ only. Restrictions and eligibility requirements apply. Event contract trading involves significant risk and is not appropriate for everyone. Please carefully consider if it is appropriate for you in light of your personal financial circumstances. Kalshi products are not available in all jurisdictions. See kalshi.com/regulatory for more information.
18+ Only. Restrictions and eligibility requirements apply. Not available in all jurisdictions. Trading is risky. 100% loss can occur. See polymarket.com/tos for more information. The Polymarket US App serves as an independent software provider and affiliate of Polymarket US and Polymarket Clearing, the CFTC-regulated exchange and clearing organization.
21+. Gambling problem? Call 1-800-GAMBLER.
- Sarah Strong 11% ↑ +1 (opens in a new tab)
- Darryn Peterson 8% ↓ −1 (opens in a new tab)
- Georgia Bulldogs 17% ↑ +0.3 (opens in a new tab)
- Ohio State Buckeyes 16% ↓ −1 (opens in a new tab)
- Ole Miss wins 42% ↓ −2 (opens in a new tab)
- Texas wins 59% (opens in a new tab)
- Houston wins 32% ↓ −1 (opens in a new tab)
- Utah wins 70% ↑ +2 (opens in a new tab)
At a glance
College prediction markets let you trade real money on college outcomes. What's actually listed today is college football and basketball, national championship, Heisman and conference odds on Polymarket and Kalshi, plus a handful of Kalshi campus markets on US News rankings, UC tuition and student debt. Prices here are pulled live and read as implied probabilities: 62¢ means the market gives it a 62% chance.
Last reviewed 2026-09-18
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(opens in a new tab)
47 states + D.C.
Certain limitations apply. The offer is available to new users only, subject to the terms and conditions at kalshi.com/tc/500. 18+ only. Restrictions and eligibility requirements apply. Event contract trading involves significant risk and is not appropriate for everyone. Please carefully consider if it is appropriate for you in light of your personal financial circumstances. Kalshi products are not available in all jurisdictions. See kalshi.com/regulatory for more information.
21+. Gambling problem? Call 1-800-GAMBLER.
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(opens in a new tab)
49 states + D.C.
18+ Only. Restrictions and eligibility requirements apply. Not available in all jurisdictions. Trading is risky. 100% loss can occur. See polymarket.com/tos for more information. The Polymarket US App serves as an independent software provider and affiliate of Polymarket US and Polymarket Clearing, the CFTC-regulated exchange and clearing organization.
21+. Gambling problem? Call 1-800-GAMBLER.
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ProphetX: Trade $50, Earn $75!Claim → (opens in a new tab)
49 states + D.C.
New users only. T&Cs apply. ProphetX's minimum age is 18 (or the local age of majority if higher); we recommend 21+. Not available in Nevada. Trading involves risk.
21+. Gambling problem? Call 1-800-GAMBLER.
Some outbound links to Kalshi, Polymarket, Rebet and ProphetX are affiliate links. We may earn a commission when you trade, at no extra cost to you. We never alter coverage based on commercial relationships.
Live feed
What's moving today
Updated Oct 24, 2026
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Who will be the cover athlete for the next EA Sports college basketball video game?
Trade on Kalshi → (opens in a new tab)Sarah Strong11¢Darryn Peterson8¢ -
NCAA Football: 2027 National Champion
Trade on Polymarket US → (opens in a new tab)Georgia Bulldogs17¢Ohio State Buckeyes16¢ -
Ole Miss vs Texas
Trade on Kalshi → (opens in a new tab)Ole Miss wins42¢Texas wins59¢ -
Houston vs Utah
Trade on Kalshi → (opens in a new tab)Houston wins32¢Utah wins70¢
21+ · Prices from Kalshi, Polymarket, prices as of Oct 24, 2026 · Terms apply
Listed now
Campus markets off the field
Every non-sports college market we can verify as listed on an exchange right now. Open each one on the exchange for the live price.
- KalshiEight separate contracts on which borderline universities, Carnegie Mellon, WashU, Michigan, Notre Dame among them, land inside the US News top 20 in the next edition. (opens in a new tab)
- KalshiEleven per-school contracts on whether a named university falls in the next US News release. Caltech, Columbia, UCLA and Notre Dame are all listed separately. (opens in a new tab)
- KalshiA ladder of threshold contracts (above $16,000, above $16,100 and up) on what the University of California sets as base systemwide tuition for 2027–28. (opens in a new tab)
- KalshiThreshold contracts from $1.84 trillion upward on the total federal and private student loan balance reported for the end of 2026. (opens in a new tab)
- KalshiThe closest thing to a live admissions market: a single binary on whether Yale reaches a settlement with the Department of Justice over Law School admissions before January 1, 2027. (opens in a new tab)
- KalshiFive named contracts: JT Toppin, AJ Dybantsa, Darryn Peterson, Sarah Strong and the field, on who fronts EA's next college basketball game. (opens in a new tab)
21+ · Terms apply
Primer
How a prediction market works
A 15-second explainer. Tap sound on for narration, or read the full breakdown.
Backlog
On our watchlist
Questions no exchange lists yet: nothing here is tradeable. Background on the biggest gap: Ivy League acceptance odds.
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Will Harvard's Class of 2031 acceptance rate be below 3.5%?
Why we're watching
Harvard's acceptance rate for the Class of 2029 was 3.6%. The trend has been steadily downward for a decade, and applications continue to climb. This market asks whether the next reported number crosses below 3.5%, a psychological threshold that would draw national attention.
Resolves Mar 27, 2027 Watching →
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Will Princeton hold #1 in US News National Universities for 2027?
Why we're watching
Princeton has held the #1 spot in US News & World Report's National Universities ranking for years. This market asks whether the streak continues into the 2027 edition, expected in late September 2026. MIT and Harvard are the most likely challengers if it falls.
Resolves Sep 30, 2026 Watching →
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Will the Common App report more than 9 million submissions for the 2026-27 application cycle?
Why we're watching
The Common Application reported over 8 million submissions in the 2025-26 cycle, up from 7.1 million the year before. Application volume keeps growing as students apply to more schools per cycle. This market tests whether the growth crosses 9 million for 2026-27.
Resolves Aug 31, 2027 Watching →
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Will Harvard reach a settlement with the Trump administration on federal funding before December 31, 2026?
Why we're watching
Harvard is in active dispute with the federal government over multi-billion-dollar research funding cuts and Title VI investigations. This market asks whether the dispute reaches a formal resolution before the end of 2026.
Resolves Dec 31, 2026 Watching →
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Will any Top-10 US News-ranked university announce a new president before December 31, 2026?
Why we're watching
University president churn has been historically high: Penn's Magill, Harvard's Gay, Columbia's Shafik, Stanford's Tessier-Lavigne. This market aggregates the question into a single binary: does any Top-10 school announce a presidential change before year-end 2026?
Resolves Dec 31, 2026 Watching →
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Will Yale's Early Decision acceptance rate drop below 8%?
Why we're watching
Yale's SCEA admit rate has fallen for five straight years. The next round is the one that could break 8%, and nobody's pricing it.
Resolves Dec 15, 2026 Watching →
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Will a third state ban legacy admissions in public colleges?
Why we're watching
Colorado and Virginia moved first. A handful of legislatures have bills in committee but no live market.
Resolves Dec 31, 2026 Watching →
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Will MIT post a yield above 86% for the Class of 2030?
Why we're watching
MIT's yield has crept up quietly for a decade. The number deserves a market and doesn't have one.
Resolves Sep 15, 2026 Watching →
Schools
Admit rates, school by school
Five years of reported admit rates. No exchange lists per-school acceptance rates yet: these pages are data, not markets.
Editorial
How Harvard's acceptance rate became a meme stock
The number is down 40% in a decade. The discourse is up by orders of magnitude.
Sources & further reading
- CFTC: contracts and products (opens in a new tab) U.S. Commodity Futures Trading Commission
- Kalshi: how prices and settlement work (opens in a new tab) Kalshi
- UMA Optimistic Oracle documentation (opens in a new tab) UMA Protocol
Promo codes & where each app works
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- Is Rebet legal in my state? All 50 states
21+ · Terms apply
Recently updated
Explainers
Heisman Odds 2026: Live Trophy Favorites & Predictions
Published June 15, 2026 · Last updated: October 23, 2026
ProphetX legality by state
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ProphetX is available in Ohio for now (dispute pending). Eligible residents can trade CFTC-regulated sports event contracts. Eligibility, age limits, and how to start.
Polymarket legality by state
Is Polymarket legal in Ohio?
Polymarket is available in Ohio for now (dispute pending). Eligible residents can trade real-money markets on the app. Eligibility, age limits, and how to start.
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Latest
Explainers
College football Week 8: markets on the biggest games of 24 October
Ole Miss at Texas, No. 1 Miami vs Pitt, Houston at Utah and more on 24 October. Kickoff times, TV, AP ranks and how game markets settle.
Explainers
Conference Realignment in 2026: What Does It Mean for Conference Title Markets?
Who changed conferences for 2026, how the eight-team Pac-12 picks its champion, and why a conference title contract settles on the title game, not the standings.
Rebet legality by state
Is Rebet legal in New York?
No, Rebet isn't available in New York. Why, what happens if you travel, and which regulated apps New York residents can use instead, with current offers.
Rebet legality by state
Is Rebet legal in New Jersey?
No, Rebet isn't available in New Jersey. Why, what happens if you travel, and which regulated apps New Jersey residents can use instead, with current…
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Is Rebet legal in Nevada?
Rebet isn't available in Nevada: its sweepstakes rules exclude the state, and no partner welcome offer is valid there. What the rules say, and the 38 states plus D.C. where Rebet operates.
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Is Rebet legal in Montana?
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Certain limitations apply. The offer is available to new users only, subject to the terms and conditions at kalshi.com/tc/500. 18+ only. Restrictions and eligibility requirements apply. Event contract trading involves significant risk and is not appropriate for everyone. Please carefully consider if it is appropriate for you in light of your personal financial circumstances. Kalshi products are not available in all jurisdictions. See kalshi.com/regulatory for more information.
21+. Gambling problem? Call 1-800-GAMBLER.
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21+. Gambling problem? Call 1-800-GAMBLER.
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ProphetX · Trade $50, Earn $75!
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49 states + D.C.
New users only. T&Cs apply. ProphetX's minimum age is 18 (or the local age of majority if higher); we recommend 21+. Not available in Nevada. Trading involves risk.
21+. Gambling problem? Call 1-800-GAMBLER.
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Certain limitations apply. The offer is available to new users only, subject to the terms and conditions at kalshi.com/tc/500. 18+ only. Restrictions and eligibility requirements apply. Event contract trading involves significant risk and is not appropriate for everyone. Please carefully consider if it is appropriate for you in light of your personal financial circumstances. Kalshi products are not available in all jurisdictions. See kalshi.com/regulatory for more information.