Rebet review (2026): offer, app, and how it works

Published 2026-06-04 · Last reviewed 2026-08-07

Catie Di StefanoFounder & Editor-in-Chief

Reviewed by Catie Di Stefano

TL;DR

Rebet is a mobile-first social sportsbook and prediction app across 40 states + D.C.
New users get a 100% purchase match up to $100 with code COLLEGEPM.
Mobile only — verify identity and location at sign-up; 18+ (21+ some states).

New to this? Read this first

Prediction markets price events in cents, not odds. Here is the vocabulary used on this page, in plain English.

Price = probability: A contract that pays $1 trading at 12¢ means the market thinks there's a 12% chance.
YES / NO share: YES pays $1 if it happens. NO pays $1 if it doesn't. You can never lose more than you paid.
Implied chance: Just the price read as a percentage. A contract at 14¢ implies a 14% chance.
Vig: A built-in margin some venues charge. On prediction markets you pay the spread and fees instead.
Liquidity: How much money is in the market. More money means you can get in and out at the price you see.

Rebet is a mobile-first social sportsbook and prediction app. In this 2026 review we cover what it is, how the welcome offer works, where it's available, and what to watch for before you play.

Rebet scorecard3.2 / 5

App quality	4/5	Polished mobile-first app; social feed is genuinely fun.
Fees	3/5	Sportsbook-style pricing baked into the odds rather than flat fees.
Market selection	3/5	Strong on sports and social play; lighter on hard event contracts.
Payout speed	3/5	Standard app-store cashout timelines; varies by method.
Legal/trust	3/5	Available in 40 states + D.C. with location and age checks.

How Rebet works

Rebet blends a social sportsbook experience with prediction-style markets. Everything happens in the mobile app: you create an account, verify your identity and location, and the app surfaces exactly what you can play where you live.

On test, we installed the iOS app and cleared identity and location verification in a few minutes; the social feed populated our friends' open plays immediately, and placing a prediction-style position took two taps.

The welcome offer

New users get a 100% purchase match up to $100 when they sign up with bonus code COLLEGEPM. It's a match on your first purchase, so a $100 purchase is matched with another $100 in play credit (subject to Rebet's terms).

Where Rebet is available

Rebet is available in 40 states plus Washington, D.C. See where Rebet is legal state by state for the full list.

What to watch for

Rebet is mobile only — only download it from your device's official app store and avoid look-alike apps. As with any real-money play, you can lose what you stake, so set limits and play responsibly. For more on the platform's legitimacy, read is Rebet legit?

Ready to try it?

Get the Rebet app and claim 100% up to $100 →

Price → probability → payout

Contract price in cents (e.g. 14)Amount you put in ($)

Implied chance: 14.0%
Contracts: 143
Pays back: $142.86
Profit if right: $122.86

A contract settles at $1 if the event happens and $0 if it doesn't, so the price is the market's probability. Every contract you buy at this price pays $1 — the cheaper the price, the less likely the market thinks it is.

Your first trade, step by step

Fund a small balanceOpen an account, verify your ID, and deposit $10–$20 by debit or ACH. You must be 18+ and in an eligible state.
Find the marketSearch the event by team, player or headline. Check the price and the volume — thin markets move a lot on small orders.
Read the price as a probabilityA 23¢ YES contract means the market gives it about a 23% chance. If you think it is higher than that, YES is the value side.
Place a limit orderEnter the price you want rather than taking the market. You buy shares, not a bet slip — the most you can lose is what you paid.
Decide your exitYou can sell any time before the event resolves, or hold to settlement where each winning share pays $1.

Ready to try it: open Rebet. 18+, eligible states only. Trade what you can afford to lose.

Sources & further reading

Rebet — official siteRebet

Frequently asked questions

What is Rebet?

Rebet is a mobile-first social sportsbook and prediction app that blends sportsbook-style play with prediction markets. You sign up and play on your phone.

What is the Rebet bonus?

New users get a 100% purchase match up to $100 with bonus code COLLEGEPM at sign-up. Terms are set by Rebet and may change.

Is Rebet available in my state?

Rebet is available in 40 states plus Washington, D.C. Check our Rebet states list and confirm eligibility inside the app once you verify your location.

Is Rebet mobile only?

Yes. Rebet is a mobile-first app, so you sign up and play on your phone. Download it from your device's official app store.

How old do I need to be to use Rebet?

You must be 18 or older (21+ in some jurisdictions) and pass identity verification. Play responsibly — you can lose the funds you commit.

What does the price actually mean?

A contract settles at $1 if the event happens and $0 if it doesn't, so the price is the market's probability. A contract at 23¢ means roughly a 23% chance, and $1 buys about 4.3 shares.

How much money do I need to start?

You can place a real trade with $10–$20. Contracts are priced in cents, so a $20 balance buys dozens of shares on a cheap market. Start small until you have seen a position settle.