Rebet vs Robinhood
Published 2026-08-07 · Last reviewed 2026-08-07
TL;DR
- Rebet: Mobile-first social app — peer-to-peer picks with a friends layer.
- Robinhood: Event contracts bolted onto a brokerage you may already have.
- For college markets specifically, Rebet is the one most readers should open first — students who want a social, game-shaped experience on a phone.
| Rebet100% purchase match up to $100! | Robinhood | |
|---|---|---|
| Regulation | Sweepstakes/social model; not a CFTC exchange | Contracts cleared through a CFTC-regulated partner exchange |
| Trading fees | No per-trade commission; house margin is built into the lines | $0.01 per contract commission plus a $0.01 exchange fee |
| College markets | College football and basketball game lines and props | Thin — mostly headline sports and macro events, few college props |
| Apps | iOS, Android (mobile only) | Web, iOS, Android |
| Deposit methods | Card, Apple Pay, bank | Existing Robinhood brokerage balance |
| Minimum deposit | $10 | $0 (uses brokerage cash) |
| Withdrawals | 1–5 business days depending on method | Standard brokerage ACH, 1–3 business days |
| US availability | Available in most US states and DC | Follows Robinhood brokerage availability |
| Best for | Students who want a social, game-shaped experience on a phone | Existing Robinhood users testing event contracts with no new account |
| Watch out for | Not an exchange — you are not trading against an order book | Very limited college market selection compared with a dedicated venue |
| Sign up | Open Rebet | No offer tracked |
Fees: what a round trip actually costs
Rebet charges no per-trade commission; house margin is built into the lines. Robinhood charges $0.01 per contract commission plus a $0.01 exchange fee. Headline rates mislead on small balances: on a $20 stake, a deposit or withdrawal fee usually outweighs the per-trade commission, so count the whole round trip before deciding.
College market depth
Rebet lists college football and basketball game lines and props. Robinhood lists thin — mostly headline sports and macro events, few college props. If you are here for college football or March Madness, depth matters more than a few basis points of fee difference — a market that does not exist cannot be traded at any price.
Access and apps
Rebet runs on ios, android (mobile only) and is available in most us states and dc. Robinhood runs on web, ios, android and is follows robinhood brokerage availability.
The verdict
Pick Rebet if: students who want a social, game-shaped experience on a phone. Pick Robinhood if: existing robinhood users testing event contracts with no new account. The honest answer for most students is to open the one that lists the markets you actually want and keep the other as a price check.
Frequently asked questions
Is Rebet or Robinhood cheaper?
Rebet: No per-trade commission; house margin is built into the lines. Robinhood: $0.01 per contract commission plus a $0.01 exchange fee. Compare on total round-trip cost — deposit fee, trading fee, and withdrawal fee together — not the headline rate.
Which has more college markets, Rebet or Robinhood?
Rebet lists college football and basketball game lines and props. Robinhood lists thin — mostly headline sports and macro events, few college props.
Can I use both Rebet and Robinhood?
Yes. Many traders keep accounts on both and route each trade to whichever venue prices that market better. Nothing stops you from claiming both sign-up offers if you qualify in your state.
Is Rebet legal in my state?
Available in most US states and DC. Robinhood: follows robinhood brokerage availability. Check the state pages on this site for the current list before depositing.
Sources & further reading
- CFTC — Designated Contract Markets (DCMs)U.S. Commodity Futures Trading Commission
- Kalshi Rulebook and exchange rulesKalshi (KalshiEX LLC)
- Polymarket Terms of Use — eligibility and restrictionsPolymarket
Related
Independent coverage. Some outbound links are affiliate links — see footer disclosure.