- With California lacking licensed sportsbooks (voters rejected measures in 2022), federally regulated prediction markets — notably Kalshi, Polymarket, DraftKings Predictions, OG Predictive and newcomer Novig — are the go-to way for Californians to trade on sports, politics and pop culture (lots of action on Lakers, Warriors, 49ers and Dodgers).
- Kalshi and Polymarket lead in liquidity and volume; DraftKings Predictions is handy for existing DK users, while OG Predictive and Novig are useful for price comparisons — many traders keep accounts on more than one platform.
- The legal picture is unsettled (a tribal lawsuit against Kalshi and new state digital-asset rules could change access), but trading remains available statewide for now.
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