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How to Use Prediction Markets for the Emmys: Trade on Award Winners

By Paul Lebowitz in Entertainment

Published:


how to use prediction markets for the emmys
Jon Stewart with the cast and crew of ‘The Daily Show’ at the 76th Emmy Awards at the Peacock Theater on Sunday, Sept. 15, 2024 in Los Angeles. USA TODAY Network via Reuters Connect.
  • The 78th Primetime Emmy Awards show is here, scheduled for this primetime this evening at the Peacock Theater in Los Angeles, CA
  • NBC and Peacock will air the broadcast live at 8 PM ET, hosted by Law & Order: Special Victims Unit star Mariska Hargitay
  • On a night where the brightest stars in TV receive their accolades by winning Emmys, prediction markets offer fans the chance to trade on the action and potentially profit

It’s a massive Monday night as television’s biggest night is here with the 78th Primetime Emmy Awards. The annual awards show will be held at the Peacock Theater in Los Angeles, CA, and is scheduled to start at 8:00 pm ET, hosted by Mariska Hargitay.

This is the night when television’s best and brightest will be awarded for their work. There are a seemingly endless number of awards for drama and comedy. Creators, actors, variety show hosts, and many more are eagerly anticipating the event, hoping to secure an Emmy. While there are widespread expectations as to which shows and performers will win an Emmy (or two, or three), there is always room for debate with inevitable surprises.

For example, the hospital drama The Pitt is the heavy favorite to win for Outstanding Drama Series. The 2025 winner is one of the most critically acclaimed shows in history, with brilliant writing, performances, and realism. Still, Pluribus is an innovative idea created by Vince Gilligan, whose body of work, including Better Call Saul and Breaking Bad, has granted him legendary status while his career is in progress.

There are arguments to be made for several nominees to win in all the top categories. That is the beauty of the Emmys in that no one knows until that envelope is opened and the winner is announced. That uncertainty and passion give viewers the chance to use prediction markets to go beyond arguments, friendly and otherwise, and invest seeking profit.

How to Use Prediction Markets for the 78th Primetime Emmy Awards

Prediction markets offer users the chance to get in on the action for the 78th Primetime Emmy Awards. It goes beyond picking The Pitt to win again. The odds are so heavily in its favor that there’s relatively little profit to be had unless the user feels strongly that there will be some level of fatigue among voters in giving the show its second consecutive award. However, there are closer races to choose from. Will current favorite for Outstanding Supporting Actor in a Comedy Series Stephen Root (at just over 50%) from Widow’s Bay beat Hollywood icon Harrison Ford (at 40%) for Shrinking?

Just because The Pitt is believed to have all but guaranteed the win for Outstanding Drama Series, there are still options to make a prediction by investing in how many total Emmys the show will win. The current market has about one-third of users saying it will win exactly 8; just over a quarter say it will win exactly 9.

Trading on the Emmys is easy. Identify the market to trade on, make a pick, and buy a contract for the selection. Make an accurate prediction and receive full value ($1) for every contract. Contracts for the picks are priced from $0.01-$0.99 based on implied market probability. While it might sound complex, users catch on in no time.

Prediction markets cover just about every aspect of modern life, including entertainment, sports, politics, financial markets, news, and pop culture. There are offers and promos for the Emmys and more linked below.

Polymarket

POLYMARKET
Deposit $10 & Get a $50 Trade Bonus!

18+ Only. Restrictions and eligibility requirements apply. Not available in all jurisdictions. Trading involves high risk and may result in loss of your entire investment. See polymarket.us/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 derivatives exchange and clearing organization.
SIGN UP
CODE: DIME
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SIGNUP OFFER
DEPOSIT $10
GET $50 BONUS

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Polymarket is one of the most recognizable names in prediction markets and is available in over 40 states. Users can make their picks for the Emmys in just about every category. There’s a litany of options to choose from, and the security of using a prominent market to jump in.

New users can claim the Polymarket promo code to deposit $10 and receive a $50 bonus.

Kalshi

KALSHI TRADING
Trade $25 at Kalshi & Get a $25 Bonus!
Must be 18+ years or older & residing in the United States. Other Terms & Conditions may apply.
LOCK IN PROMO
CODE: DIME
CODE: DIME
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TRADE $25
GET $25

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Kalshi can be accessed in more than 40 states. It too is one of the more well-known prediction markets and has many ways for Emmy watchers to make their picks and seek to profit. Those who are fans of shows that are garnering headlines or are more low-key can invest using this burgeoning platform.

Using the Kalshi referral code, new users can receive a $25 bonus after completing $25 in trades.

Novig

NOVIG PREDICTION
MARKET

Deposit $10 & Get $25 in Trade Credits!

Restrictions & requirements apply. Not available in all states. 21+. Event contract trading involves risk & is not appropriate for all. Consider if it's appropriate for you in light of financial circumstances. See novig.com/terms for information.
SIGN UP
CODE: DIME
CODE: DIME
SIGNUP OFFER
DEPOSIT $10
GET $25

IN TRADE CREDITS

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Novig is garnering major attention with its recent advertising campaign and offers a unique way for users to take part. It is a peer-to-peer trading system. Available in 40+ states, it can be accessed in areas where sports betting is currently not allowed. There is no “house” trying to profit as there is with a conventional wagering site, so Novig allows users to maximize their odds.

The Novig promo code allows new users to deposit $10 and get $25 in trade credits for using the platform.

Underdog Predict

UNDERDOG PREDICT
Play $5 Fantasy Entries & Get $50 in Bonus Fantasy Entries at Underdog!

Trading involves risk, including total loss on positions. Trading decisions and their consequences are your sole responsibility. Nothing on underdogexchange.com constitutes a recommendation, solicitation, or offer to buy or sell any financial instrument. UDX is subject to CFTC regulatory oversight. Promotion issued by affiliate.
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CODE: SBD
CODE: SBD
PREDICTION MARKETS
PLAY $5
GET $50

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Underdog Predict is available for users in more than 30 states and in D.C.

With this platform, users can predict the results of the Emmys and use various strategies to secure a more favorable chance of winning. One attraction is that it is a Commodity Futures Trading Commission (CFTC) registered platform. That means it is regulated by the Securities and Exchange Commission (SEC).

The Underdog Predict promo code gives a welcome offer of a 50% deposit match up to $1,000 and Keep Your Million for new users on the Underdog Sports app.

OG

OG TRADING
MARKET
Trade $25 & Get a $25 Welcome Offer at OG Trading Market!

Must be 18+ years or older & residing in the United States. Other Terms & Conditions may apply.
LOCK IN PROMO
CODE: DIME
CODE: DIME
SIGNUP TODAY
TRADE $25
GET $25

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OG is also regulated by the CFTC and offers the peer-to-peer trading benefit. One key attribute is that OG allows users to sell or close contracts before the event concludes. If there is a clear profit to be had and the user does not want to wait until the end and risk losing, they can cash out.

The OG promo code hooks up new users with an offer to trade $10 and get a $10 a bonus for using the platform.

ProphetX

PROPHETX


Trade $50 & Get a $75 Bonus at Prophet Exchange!

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CODE: SBDIME
CODE: SBDIME
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TRADE $50
GET $75 BONUS

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Approved by the CFTC, ProphetX is now available across the United States. It takes pride in being the first federally regulated sports-native prediction market. When using prediction markets, ProphetX provides the benefit of the market setting the price instead of a house setting the price, making it a true peer-to-peer system.

The ProphetX promo code provides a new user offer to trade $50 and get a $75 bonus for prediction markets.

Onyx Odds

ONYX ODDS


Spend $10 & Get $111 in Bonus Picks at Onyx Odds!

TRADE NOW
CODE: DIME
CODE: DIME
SIGNUP OFFER
SPEND $10
GET $111

IN BONUS PICKS

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Onyx Odds is available in more than 30 states. Users can make their predictions here and use its unique sweepstakes system with virtual currencies. There are free-to-play options to try it out beforehand, so there is no confusion or hesitation when making the selections.

The Onyx Odds promo code gives users an offer to spend $10 and get $111 in Bonus Picks.

FanDuel Predicts

  • FANDUEL PREDICTS (APPLE USERS)

    GET A $100 BONUS WHEN YOU TRADE $1 FOR 5 DAYS!

  • FANDUEL PREDICTS (ANDROID USERS)

    GET A $100 BONUS WHEN YOU TRADE $1 FOR 5 DAYS!

  • FANDUEL PREDICTS T&Cs: Offered by FanDuel Prediction Markets LLC, a registered futures commission merchant. 18+ and present in select states. First real money trade only. First-time deposit required. Min. $1 trade required for 5 consecutive days for max bonus. Bonus issued as non-withdrawable Predicts Bonus that expires 24 hours after receipt. Restrictions apply. Trading derivatives involves significant risk and may not be suitable for all investors. Manage your activity with our Consumer Protection tools. See terms, including eligible states, at http://fanduel.com/predicts/new-customer-offer

Everyone recognizes the name FanDuel. Now, it is entering the prediction markets and is available in all 50 states. People can trust FanDuel Predict when wading into the prediction markets. There are limits to trading contracts based on user location, but it has a litany of benefits for users who can access it.

With the FanDuel Predicts promo code, users can get a bonus to jump in and trade on prediction markets.

Crypto.com

CRYPTO.COM TRADING
Sign Up Today for $50 Bonus in CRO at Crypto.com!

Must be 18+ years or older & residing in the United States. Other Terms & Conditions may apply.
LOCK IN PROMO
SIGNUP TODAY
UP TO $50 BONUS IN CRO!

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Crypto.com’s prediction market is subject to CFTC regulation, settles its payouts quickly, offers a simple structure that is easy for users to understand, and lets users sell contracts before the end of the event to walk away with their profit or limit their losses. It allows crypto deposits and depositing flat currency.

Crypto.com offers a promo code with a bonus for users.

The Emmys are almost here, and prediction markets are open for the chance to invest before showtime.

Paul Lebowitz

Paul Lebowitz is a novelist, columnist, social commentator, and the author of eight published books on baseball – one novel and seven baseball guide/previews. He covers sports, politics, and pop culture. Paul graduated from Hunter College with a degree in English. He lives in New York City.

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