Which exchanges power Prediction Picks?
Underdog offers Prediction Picks through multiple regulated exchanges — Underdog's own exchange (UDX), Kalshi, and Nadex. You'll see one market per game in the app, and we handle the details of which exchange that market comes from, so you don't have to shop around between them yourself.
Because we work across several exchanges, your positions may be held on more than one at a time. Each position settles under the rules of the exchange its market was offered through.
Why did I have to answer questions and accept new terms?
Because Predictions is a regulated financial product, there are a few required steps to set up your account, including some questions about your job, income, and trading experience. These are required by regulation and aren't something we can skip or bypass. Once you're through it, you're good to go.
Where can I find the rules for a market?
The rules that apply to a market depend on the exchange it's offered through. You can find the applicable rulebook here:
UDX: UDX Rulebook and UDX Notices
Kalshi: Kalshi Rulebook
For questions about a specific market settlement, see Settlement Issues & Disputes.