Fanatics Launches Prediction Market in 24 States

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Dec 3, 2025

Fanatics just dropped a prediction market in 24 states, letting you trade on everything from NFL games to stock moves and pop culture drama. The same company that sells your jerseys now wants you to bet on the future—and actually profit if you're right. This is getting huge, fast…

Financial market analysis from 03/12/2025. Market conditions may have changed since publication.

Remember when buying a jersey was the most interactive thing you could do as a sports fan? Those days are officially over.

This week, one of the biggest names in sports merchandise just stepped into an entirely different arena—and it has nothing to do with autographed basketballs or limited-edition caps.

Fanatics, the company that already dominates team gear and trading cards, quietly flipped the switch on its brand-new prediction market. And they didn’t ease into it—they launched straight into 24 states, covering most of the country’s population in one swing.

A New Kind of Fan Engagement Is Here

For years, being a die-hard fan meant painting your face, screaming at the TV, and maybe throwing twenty bucks on a parlay for fun. Now? You can literally trade contracts on whether your team covers the spread, whether the Fed cuts rates next month, or whether a certain artist sweeps the Grammys.

And if you’re right, you cash out. It’s not a bet in the classic sense—it’s an event contract. Think of it as the stock market, but instead of trading Apple shares, you’re trading “Will the Chiefs win by more than 7 points?” or “Will Bitcoin close above $100k by Christmas?”

I’ve been watching this space closely, and honestly? The timing feels almost perfect. People are bored with traditional sportsbooks. They want something smarter, something that feels less like gambling and more like being right—and getting paid for it.

How the Rollout Actually Works

Fanatics didn’t dump the entire platform nationwide at once. They’re smart. They’re doing it in waves over the next few days.

Phase one went live Wednesday in ten mostly smaller states—think Alaska, Utah, Rhode Island, the Dakotas. Places where regulators move fast and competition is light.

Then Thursday and Friday bring the heavy hitters: California, Texas, Florida, Georgia, Washington. Suddenly, more than half the U.S. population has access.

  • Wednesday launch (10 states): sports, finance, economics, politics
  • Thursday: nine more states join the party
  • Friday: the big five—CA, TX, FL, GA, WA—come online
  • Early 2026: crypto, individual stocks, tech events, music awards, movies

That gradual expansion isn’t random. It’s regulatory chess. Each state has slightly different rules around event contracts, and Fanatics clearly spent months lining up approvals.

Why This Feels Different From Regular Sports Betting

Look, I’ve placed my share of bets. There’s a rush when your parlay hits, no doubt. But prediction markets hit a different part of the brain.

You’re not just hoping your team wins—you’re debating probabilities with thousands of other sharp people, watching the market price move in real time as news breaks. It’s like being inside a live Bloomberg terminal, except the assets are NFL games and Taylor Swift album release dates.

“We’re giving fans a safe, intuitive way to engage with the moments that move sports and culture—and to pick a side and profit along the way if their prediction is correct.”

Matt King, CEO of Fanatics Betting and Gaming

That quote stuck with me. Because he’s not wrong. This isn’t about getting rich quick (though some definitely will). It’s about turning fandom into something active, analytical, and—let’s be real—addictively fun.

The Tech Behind the Curtain

One detail that jumped out: pricing is powered by a major crypto exchange. That’s not a small partnership. It means liquidity should be deep from day one, and settlement will be fast—probably same-day or next-day in stablecoin or dollars.

Users get a single shared wallet across the entire Fanatics ecosystem. Buy a jersey, grab some trading cards, then slide over to Markets and trade the Super Bowl outcome—all without moving money around. Frictionless design matters more than people think.

They’ve also baked in responsible gaming tools from the jump: deposit limits, session timers, the works. Smart move. Regulators are watching this category like hawks.

The Competition Is Heating Up Fast

Fanatics isn’t first to market—far from it. Platforms have been crushing it all year, especially around the election. But they might have the best brand recognition of anyone entering right now.

DraftKings scooped up a smaller player in October. Another major sportsbook announced a partnership with a giant futures exchange to launch this month. Everyone sees the same thing: traditional sports betting growth is slowing, but event contracts are exploding.

Perhaps the most interesting aspect? These aren’t just sports companies anymore. When a merchandise giant like Fanatics builds a trading platform, the lines between fandom, finance, and culture completely blur.

What Traders Can Actually Bet On Right Now

At launch, the contract menu is already broader than most people expect:

  • NFL, NBA, college football, soccer outcomes
  • Federal Reserve interest rate decisions
  • Monthly jobs reports and inflation numbers
  • Major political events (governors’ races, etc.)
  • Grammy and Billboard outcomes (early 2026)
  • Individual stock price ranges (next phase)
  • Crypto milestones—yes, really

That mix is deliberate. Sports bring the volume, macro events bring the whales, and pop culture brings the younger crowd who grew up trading meme stocks and NFTs.

Where This Could Go in 2026 and Beyond

Once the crypto and individual stock contracts drop, everything changes. Suddenly you’re not just predicting if a movie wins Best Picture—you’re trading daily price ranges on Tesla or whether Ethereum flips Bitcoin’s market cap by a certain date.

I wouldn’t be shocked to see entertainment studios or record labels eventually sponsor contracts the way brands sponsor jerseys. Imagine a streaming giant paying to boost liquidity on contracts about their own show’s ratings. Wild? Maybe. Inevitable? Starting to feel that way.

And let’s not sleep on the data play. Every trade reveals what thousands of engaged people actually believe will happen. That information is pure gold for hedge funds, campaigns, and corporations.

The Bottom Line for Fans and Traders

If you live in one of the launch states and you’re even mildly curious, download the app this week. Start small. Paper-trade a few contracts if you’re nervous. But get in early.

Because what Fanatics just built isn’t another sportsbook. It’s the first real attempt to turn every cultural moment—every game, every awards show, every macro announcement—into a liquid, tradable asset.

And once that genie is out of the bottle? There’s no putting it back.

The future of being a fan just got a lot more interesting—and potentially a lot more profitable.

Now if you’ll excuse me, I need to go check the current price on the Chiefs covering in prime time. Research purposes, of course.

If money is your hope for independence, you will never have it. The only real security that a man will have in this world is a reserve of knowledge, experience, and ability.
— Henry Ford
Author

Steven Soarez passionately shares his financial expertise to help everyone better understand and master investing. Contact us for collaboration opportunities or sponsored article inquiries.

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