Quick Facts:

• Launched: February 2026
• Platforms: iOS and Android
• Markets: Sports only for now (additional Kalshi-powered categories planned)
• Availability: Most states

Sleeper Markets States

Sleeper Markets offers Team Picks in most states but does not provide an exact list anywhere on its website, knowledge base, or in public releases.

The Sleeper DFS website lists all states where its fantasy leagues and pick’em contests are available, but the company has not yet disclosed a complete list of states where it offers prediction markets.

Regulators in some states have pushed back against prediction markets based on sports, so the lack of transparency is likely due to Sleeper Markets anticipating future changes regarding where it offers Team Picks.

That said, the lack of transparency is a definitive weak point, especially compared to competitors like Kalshi and Underdog Predict, which explicitly list every state where their prediction markets are available.

Sleeper Markets Promo Code

Sleeper Markets does not currently accept promo codes or offer a welcome bonus specifically for prediction markets trading.

However, new users can claim a 100% first deposit bonus worth up to $100 for use on Sleeper’s fantasy pick’em contests (Player Picks). Use the promo code MATCH to activate the offer. The bonus carries a 1x play-through requirement, which is among the most favorable rollover terms in fantasy sports.

See our full review for more details:

• Sleeper Promo Code

The absence of a dedicated prediction markets bonus is common among CFTC-regulated exchanges, which typically prioritize competitive fees and market liquidity over promotional spending.

If you have experience with legal online sportsbooks, you should manage your expectations accordingly: prediction market bonuses tend to be small compared to traditional online sportsbook offers.

How Sleeper Markets Works

Sleeper Markets operates through a partnership with Kalshi, which runs the underlying exchange. Customers access the markets through the existing Sleeper DFS app, where prediction markets appear under the “Team Picks” label alongside the app’s “Player Picks” fantasy pick’em contests.

Each prediction market is structured as a binary yes/no question. Contracts resolve at $1 if the predicted outcome occurs and $0 if it does not. Prices fluctuate between $0.01 and $0.99 based on market demand, reflecting the crowd’s consensus probability for each outcome.

Rather than displaying raw contract prices, Sleeper presents markets as percentages with payout multipliers. For example, a matchup might display as: Team A: 28% (3.33x) / Team B: 73% (1.33x). The percentage reflects the implied probability, and the multiplier shows the potential return on a winning contract.

For a concrete example: if you buy 100 contracts on Team A at 28% ($0.28 per contract), you spend $28. If Team A wins, your contracts settle at $1 each for a total payout of $100 and a net profit of $72 before fees. If Team A loses, your contracts settle at $0, and you lose your $28 stake.

Contracts may be bought and sold at current market prices or held until the game concludes. If news breaks mid-game (say, a star player gets ejected), contract prices shift in real time, creating opportunities to exit early, either to lock in a profit or limit losses.

Sleeper Markets is open 24/7 except during weekly scheduled maintenance from 3:00 AM to 5:00 AM ET on Thursday mornings.

For a more detailed breakdown of how prediction markets work, including order types, contract mechanics, and trading strategies, see our detailed guide here:

• Online Prediction Markets

Trading Fees

Sleeper Markets charges a flat $0.02 fee per contract on every executed trade. The fee is split evenly between Sleeper ($0.01) and Kalshi ($0.01). Fees apply only to executed trades; placing or canceling orders does not incur a charge.

For example, buying 100 contracts costs $2 in trading fees (100 × $0.02). Selling those same contracts later incurs another $2 fee, for a total round-trip cost of $4. Sleeper publishes its full fee disclosure on its support site.

The $0.02 flat fee is in line with what Underdog Predict and Fanatics Markets charge for most contracts. Kalshi’s own platform uses a tiered schedule that can be lower for contracts priced near the extremes ($0.01–$0.03 or $0.97–$0.99), but the flat $0.02 rate is competitive for the majority of trades.

Sleeper Prediction Market Categories

Sleeper Markets focuses on sports prediction markets, covering a broad range of domestic and international leagues. Market types include outright winners (moneyline), point spreads, and game point totals.

Leagues and competitions currently available on Sleeper Markets include:

• NFL and College Football
• NBA and College Basketball
• MLB
• NHL
• WNBA
• Soccer (MLS, EPL, La Liga, Serie A, and more)
• Tennis
• MMA and Boxing
• Golf
• Motorsports
• Cricket
• Rugby
• Esports
• World Baseball Classic

Example prediction market questions include: “Will the Lakers beat the Celtics?” (outright winner), “Will the Chiefs cover -3.5?” (spread), and “Will the total score exceed 45.5 points?” (game total). Each market resolves as a simple yes/no outcome.

The sports coverage is notably wider than what some competing prediction market platforms offer. Niche leagues like cricket, rugby, and esports give Sleeper Markets an edge for fans who follow sports beyond the big four US leagues.

For market-specific rules and settlement procedures, note that all rules are set by Kalshi, not Sleeper. Key settlement rules include:

• Postponed games: If a game is postponed but played within the same scheduling week (by Wednesday), contracts remain open and settle normally. If the game is not played within the scheduling week, contracts settle at the last fair market price prior to postponement.
• Abandoned games (55+ minutes played): Contracts based on stats accumulated to that point.
• Abandoned games (under 55 minutes played): Contracts settle at the last fair market price unless the outcome was already determined.

Other Types of Sleeper Prediction Markets

Currently, Sleeper Markets is sports-only. There are no markets for politics, economics, entertainment, weather, or other non-sports categories.

However, Sleeper has indicated that additional real-world event categories powered by Kalshi are “coming soon.”

Although Sleeper hasn’t confirmed specific categories, the Kalshi partnership points to a potentially wide expansion. Kalshi’s own exchange covers hundreds of event types across politics, weather, crypto prices, pop culture, economics, and more.

For fans interested in non-sports prediction markets right now, platforms like Kalshi, Underdog Predict, and Fanatics Markets already offer categories including politics, entertainment, and economic events.

Sleeper Markets App Review

You can find Sleeper Markets under the “Team Picks” tab inside the existing Sleeper DFS app, so there’s no need to download a separate mobile app. Existing Sleeper users can access prediction markets by visiting the Picks tab and selecting Team Picks, while new users must first create an account, accept the terms of use, and complete identity verification.

The identity verification process requires providing your Social Security number, annual income, estimated net worth, and experience with federally regulated trading markets. These requirements are mandated by federal law and are standard across all CFTC-regulated prediction market platforms.

The integrated approach has clear advantages: fans who already use Sleeper for fantasy leagues, pick’em contests, or league chat don’t need to download a separate app or create a new account. You get everything in one app.

However, the all-in-one design also results in a cluttered interface. The Sleeper app already manages fantasy pick’em contests, daily drafts, season-long leagues, dynasty leagues, league chat, news feeds, and more.

Adding prediction markets to an already feature-dense app makes the overall experience feel crowded, especially if you’re only interested in prediction markets and pick’em contests.

App Highlights

• Clear trade information: The app displays your total contract cost, potential winnings, maximum loss (the amount you spend on contracts), and trading fees before you confirm any trade. There are no hidden costs at the point of purchase.
• Percentage-based pricing: Sleeper displays markets as percentages and multipliers rather than raw contract prices, which may feel more intuitive for fans accustomed to sports betting odds.
• Social integration: Sleeper’s built-in league chat, news feeds, and community features give the app a social dimension that most other prediction market and DFS apps lack.
• Wide sports coverage: The range of leagues available for prediction markets is broader than most competitors at this stage.
• Real-time pricing: Contract prices update as market conditions shift, and the app reflects current pricing without noticeable lag.

App Weak Points

• No desktop access: Sleeper Markets is mobile-only. If desktop access is a must-have feature for you, the only option is to choose a different prediction markets app.
• Cluttered interface: With fantasy pick’em, daily drafts, season-long leagues, and now prediction markets all under one roof, the app throws a lot of information at users. New users may find it disorienting, especially because the Sleeper app intermixes player picks with team picks under the “Team Picks” tab.
• No combo entries: Unlike Underdog Predict, which lets users combine prediction market contracts with fantasy pick’em selections, Sleeper does not allow users to combine Player Picks and Team Picks on the same entry. Each Team Pick must also be submitted individually; multi-contract parlays are not available.
• No state list published: Sleeper does not publish a list of states where prediction markets are available, forcing users to check the app manually.
• Sports only (for now): The current absence of non-sports categories limits the platform’s appeal for traders interested in politics, economics, or culture markets.

Overall App Verdict

The Sleeper Markets app benefits from the mature infrastructure of a fantasy sports platform that has been in operation since 2017. Real-time pricing, transparent trade confirmations, and social features create a well-rounded experience for fans who want prediction markets and fantasy sports in one place.

The trade-off is complexity. The app’s attempt to serve fantasy managers, pick’em players, and prediction market traders simultaneously results in an interface that can feel overwhelming, especially for newcomers. If prediction markets are your primary focus, a dedicated platform may offer a cleaner, more streamlined experience.

If you’re already a Sleeper user who wants to add prediction markets to your routine without switching apps, the integrated experience is convenient. If you’re evaluating prediction market platforms for the first time, the app’s gaps (no desktop, no combo entries, no non-sports markets yet) are worth weighing against the competition.

Sleeper Markets App Screenshots

Sleeper Markets Deposit Methods

Sleeper Markets accepts the following deposit methods for funding your Team Picks account:

• Debit Card
• Online Bank Transfer
• Apple Pay (Debit Card Only)

Note: Sleeper Markets does not accept credit card deposits. The limited selection of deposit methods is typical for CFTC-regulated prediction market platforms, which are subject to different payment processing requirements than online sportsbooks and daily fantasy sports apps.

Sleeper’s withdrawal options are even more limited:

• Debit Card
• Bank Transfer

Sleeper Markets Customer Support

Sleeper Markets comes up a bit short in the customer support department compared to other prediction market apps. The only way to contact support is via email and live chat, and the app has a reputation for providing low-effort answers to customer inquiries.

However, on a more positive note, Sleeper responds to questions quickly. Sleeper advertises an expected response time of five minutes, which aligns with our experience.

Sleeper also provides a self-help knowledge base that answers common, non-complex questions about its prediction markets.

Sleeper Markets Responsible Trading

Sleeper applies the same responsible participation tools to Team Picks that it offers across its other products. Users can set deposit limits, activate cooling-off periods, and opt into self-exclusion directly through the app.

Sleeper also publishes a responsible risk management guide with tips, educational resources, and state-specific support information.

The responsible trading tools are consistent with what you’d expect from a regulated platform: user-controlled limits, straightforward activation, and clear risk disclosures. All limits apply immediately once set.

Sleeper Markets FAQ

Final Thoughts: Is Sleeper Markets Legit?

Sleeper Markets is a legitimate, regulated prediction markets platform. Sleeper Markets, LLC is an NFA-registered Futures Commission Merchant (FCM), and the underlying exchange is operated by Kalshi, a CFTC-regulated designated contract market. The regulatory foundation provides the same investor protections as other federally regulated prediction market platforms.

Sleeper Markets works best for existing Sleeper users who want to add prediction market trading to their routine without downloading another app. The social features, wide sports coverage, and seamless integration with fantasy pick’em make it a convenient all-in-one option for sports fans who enjoy multiple types of predictions.

Users who prioritize a dedicated prediction markets experience may find the app’s cluttered interface and missing features (no desktop, no combo entries, no non-sports markets, no advanced trading tools) to be significant limitations. Platforms like Kalshi, Underdog Predict, and Fanatics Markets each offer advantages in specific areas, whether that’s market breadth, fee transparency, or a focused trading interface.

Bottom line: Sleeper Markets is a dependable, regulated option for sports fans already embedded in the Sleeper ecosystem. If prediction markets are your primary interest and you want the widest selection of markets or a desktop trading experience, you may want to look elsewhere.