The stock and crypto gambling app Robinhood announced that it is now taking sports bets on NFL and NCAA football.
On Aug. 19, 2025, Robinhood said it launched so-called “prediction markets” on pro and college football. The NFL and NCAA gambling is available through the Robinhood app.
“Available through the Prediction Markets Hub, customers can now trade on the outcomes of the most popular pro and college football games, including all regular season pro matchups, and all college Power 4 schools and independents,” said Robinhood, which partnered with the prediction gambling platform Kalshi.
“Football is far and away the most popular sport in America,” said JB Mackenzie, VP & GM of Futures and International at Robinhood. “Adding pro and college football to our prediction markets hub is a no-brainer for us as we aim to make Robinhood a one-stop shop for all your investing and trading needs.”
Not Sports Betting?
Sports gamblers on Robinhood buy and sell shares in a peer-to-peer format. This is in contrast to making a bet directly against the sportsbook (e.g., moneyline, props, spreads, etc.).
Robinhood collects fees for facilitating sports gambling.
Under this model, Robinhood can circumvent state gambling law and operate nationwide under federal jurisdiction. Some states with gambling industries are fighting back in court.
Robinhood has sued gambling regulators in Nevada and New Jersey, who sent the cease-and-desist letters to the company over sports betting.
“Unlike sports betting, where the firm sets a line, event contracts leverage the power and rigor of financial market structure and are offered in a marketplace where buyers and sellers interact to set the price,” Robinhood said in a news release. “Customers can access the contracts in real time and manage risk by adjusting–or exiting–their positions up to and throughout a game before a contract expires.”
Dangers of Robinhood Sports Gambling
Sports betting addiction statistics show that a huge percentage of online bettors think they can make money gambling on sports.
A 2025 survey from the Siena College Research Institute showed 86% of online sports bettors thought they could reliably make money betting on sports.
That was up from 80% in the same survey in 2024.
The survey also found that about a quarter of online bettors were losing more than they felt comfortable with losing.
Less than 1% of sports bettors win money in the long run.
The illusion surrounding sports betting as a skill-based activity is more prevalent among younger bettors.
The survey found that 90% of online sports bettors aged 18-34 thought they could make sports betting a reliable source of income. In response, the casino industry has recklessly promoted the concept of an NFL betting budget.
Robinhood, which rose to fame during the meme stock trading era, allows sports gambling for people 18 and older.
How to Get Help for Robinhood NFL Addiction
If you find yourself compulsively trading or betting NFL on Robinhood, support is available.
Start by deleting the app from your phone and closing your account.
Consider reaching out to a therapist who specializes in gambling or behavioral addictions.
In the case of a crisis, call 1-800-GAMBLER.
Peer support groups like Gamblers Anonymous can provide accountability and shared experience. There are also online forums on Reddit for gambling addiction.
Recovery is possible with professional help, supportive networks and healthy coping strategies.
If you haven’t started Robinhood NFL betting but are concerned about potential addiction, Gambling Harm recommends that you abstain from even trying the product.
Discover more from GamblingHarm.org
Subscribe to get the latest posts sent to your email.
