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How to Use Prediction Markets for NFL Games: Trade on Week 2
By Paul Lebowitz in NFL News
Published:
- NFL Week 2 gets going in earnest with a full slate of games today, including several historic rivalry matchups
- The league has come out firing; if Week 1 is any indication, this will be a high-scoring, offense-heavy season for the duration
- Fans who are still feeling the bliss of the new NFL season can enhance their excitement by using their passion and knowledge to profit through prediction markets
It’s Sunday, and NFL Week 2 games are here. Before kickoff arrives, find out how to use prediction markets for NFL Week 2 games.
After an exciting Week 1, expectations are high for a big season. There have already been a litany of surprises starting with the Super Bowl LXI favorite Rams losing to the 49ers in Australia and drawing widespread ridicule for their retrospectively mistaken travel plans. Other trending stories are the Browns and Deshaun Watson’s disastrous opener; the Jets and Giants both winning their season openers for the first time since 2009; the Cowboys showing a familiar lack of discipline in losing to the Giants; the Bills’ scoring prowess; the Packers’ collapse, and more.
In the Thursday Night Football battle to kick off Week 2, the Bills outlasted the Lions 41-31, opening Highmark Stadium in Buffalo with a bang. This Sunday, the Bears host the Packers in perhaps the game’s biggest historic rivalry; the Commanders visit Dallas to play the Cowboys with both teams needing a win; and the Giants get an early test in the John Harbaugh era by visiting the 0-1 Rams.
These games and the entire slate give prospective investors the opportunity to use prediction markets to jump in.
POLYMARKETDEPOSIT $10 & GET A $50 BONUS WITH CODE DIME
KALSHI TRADINGTRADE $25 & GET A $25 BONUS WITH CODE DIME!
NOVIG PREDICTION MARKETDEPOSIT $10 & GET $25 IN TRADE CREDITS WITH CODE DIME
UNDERDOG PREDICT50% DEPOSIT MATCH UP TO $1,000 & KEEP YOUR MILLION WITH CODE SBD!
DRAFTKINGS PREDICTIONSSPEND $5 & GET $200 IN BONUSES
OG PREDICTION MARKETTRADE $25, GET $25 WELCOME OFFER WITH CODE DIME!
PROPHETX PREDICTION EXCHANGETRADE $50, GET $75 BONUS WITH CODE SBDIME!
ONYX ODDSSPEND $10 & GET $50 IN BONUS PICKS WITH CODE DIME!
CRYPTO.COMUP TO $50 BONUS IN CRO!
FANDUEL PREDICTSGET 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
How to Use Prediction Markets for NFL Sunday
Prediction markets give NFL watchers the chance to take part from home and strive for profit by making the right analysis and being lucky. There are seemingly infinite options, from deciding who will win and lose; over/under points scored; and individual performances. The NFL makes sure to give the fans great matchups and creates competitive battles with underlying narratives week in and week out. For Week 2, the one game that stands out is the Vikings taking on the Bears.
This is a prime example for users who want to make their picks on prediction markets and how to do so.
The Vikings staged a borderline miraculous comeback against the Packers in Week 1. The final score, 39-22, looks like a blowout when it was anything but. Green Bay led 22-10 with 5 minutes remaining in the third quarter. But a few strategic missteps from Packers coach Matt LaFleur and a great performance from Vikings backup QB Carson Wentz sparked 29 unanswered points for Minnesota to take the win.
The Bears lit up the scoreboard in a 59-37 win over the Panthers. Chicago’s burgeoning star QB Caleb Williams had a 124.1 passer rating to lead his team to victory.
The two franchises have been bitter rivals for nearly a century, almost the entire time the NFL has existed.
This week, users can make a pick on the winner, with the percentages heavily in favor of the Bears continuing to roll. It is about 50-50 for the favored Bears to win by more than 4.5 points. It is also 50-50 that the total points will go beyond 48.5. Those taking part in this market can use these options, or they can say how many points the teams will score individually, make a pick on the moneyline as to which team wins outright, who scores a certain number of points first, if the game will go to overtime, and more.
It is easy to trade on the NFL. Simply find a market, make a pick, and buy a contract for that market. Those who are accurate in their pick will get full value ($1) for each contract. The contracts for the picks are priced from $0.01-$0.99 based on implied probability. Those who are unsure will be surprised at how fast they get used to the ins and outs.
Polymarket
POLYMARKET
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.
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CODE: DIME
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When people talk about prediction markets, they often use the term “Polymarket.” This is no surprise given how prominent this outlet is. It is available in more than 40 states and gives users the chance to make their picks on the NFL and other events. It is a secure market that users can trust.
For new users, the Polymarket promo code offers a $50 bonus after depositing $10.
Kalshi
Kalshi is just as recognizable in terms of prediction markets. It too is available in more than 40 states and gives similar ways for NFL fans to get in the game. It does not need to be one of the marquee games either. Think the Jets will upset the Packers? It’s there for users to go for it.
The Kalshi referral code gives new users a $55 bonus once $25 in trades are completed.
Novig
NOVIG PREDICTION
MARKET
Deposit $10 & Get $25 in Trade Credits!
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.
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CODE: DIME
CODE: DIME
Novig has achieved its objective with a recent viral advertising campaign. Now, it needs to take advantage of it. Users in over 40 states can make their picks on Novig even in areas where sports betting is not allowed. There is no “house” seeking profit, as there is with a wagering site. Users’ odds are thereby maximized.
The Novig promo code lets new users deposit $10 and receive $25 in trade credits.
Underdog Predict
UNDERDOG PREDICT
Get a 50% First-Time Deposit Match Up to $1,000 & Play Keep Your Million!
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
Underdog Predict is available to users in over 30 states as well as D.C.
One aspect separating Underdog Predict from other prediction markets is that it is a Commodity Futures Trading Commission (CFTC) registered platform, regulated by the Securities and Exchange Commission (SEC). Those who want regulatory protection for their prediction market when investing in the NFL can have that with Underdog Predict.
There is a promo code offering a 50% deposit match for up to $1,000 and Keep Your Million for new users on the Underdog Sports app.
OG
OG TRADING
MARKET
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.
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CODE: DIME
CODE: DIME
OG is another prediction market that is regulated by the CFTC. A major difference between OG and other options is that it is a peer-to-peer system. There is also the chance to close the contract early and walk away with the profits or mitigate an expected loss. For example, if the user invests in Giants-Rams and New York breaks out to a lead, but there is lingering fear that Sean McVay and Matthew Stafford will mount a comeback, the user can cash out and happily take their profit.
The OG promo code gives new users a $10 bonus once they have completed $10 in trades for using the platform.
ProphetX
ProphetX is also approved by the CFTC and is available throughout the nation. As the first federally regulated sports-native prediction market, it also lets the market set the price rather than a house setting the price. This makes it a legitimate peer-to-peer system.
With the ProphetX promo code, new users can trade $50 and get a $75 bonus.
Onyx Odds
Onyx Odds can be accessed in more than 30 states. It lets users make their predictions via a sweepstakes system with virtual currencies. Those who are unsure of whether this is the system for them can use free-to-play options and try it out before investing real money. That accords them the freedom to take a “test drive.”
The Onyx Odds promo code lets users spend $10 and receive $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 involved in any form of wagering and sports picks is aware of FanDuel. It has now joined the prediction market game and is available in all 50 states. Using FanDuel, the user’s location is crucial since there are limits to trading that are contingent on where the user is.
With the FanDuel promo code, new users can receive $100 in bonuses after trading $1 daily for 5 days.
Crypto.com
CRYPTO.COM TRADINGLOCK IN PROMO
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.
Crypto.com is also regulated by the CFTC. This prediction market gives the benefit of allowing users to sell their contract before the event ends; it has a structure that is easy to comprehend; it has a rapid payout system to get the return fast. With the Crypto.com promo code, new users can get a bonus of up to $50 in CRO.
If NFL Week 1 and the first game of Week 2 are any indication, fans better hold on tight for a rollercoaster with tons of scoring and unexpected storylines. With these prediction markets, the opportunity is right there to join in on the action.
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.
