Key Moments:
- Robinhood highlighted sports event contracts and new parlay combinations at a recent investor event.
- The company revealed its prediction markets have traded 11 billion contracts through more than 1 million users.
- Robinhood introduced football-focused “player contracts” and launched new coverage via its Sherwood News “Scoreboard” newsletter.
Investor Event Unveils Prediction Market Growth and New Features
At its latest investor gathering, Robinhood Markets (NASDAQ: HOOD) turned the spotlight on its expanding prediction market initiatives. The company put a strong emphasis on sports event contracts, announcing the arrival of new parlay and player prop features for its platform.
Parlays are coming to Robinhood. Goodbye DraftKings. pic.twitter.com/PpzlPX1YnY
— High Yield Hustle (@HighYieldHustle) December 17, 2025
Surging Popularity and Platform Enhancements
Robinhood described its prediction markets as the company’s fastest-growing source of revenue, noting that users have traded a staggering 11 billion contracts across more than 1 million customers. Over recent weeks, Robinhood has responded to market interest in event contracts, coinciding with its partnership announcement with Susquehanna International Group to build an organic event contracts platform.
Product upgrades announced during this period encompass broader enhancements, including always-available access to prediction markets, the launch of limit orders and dollar-based trades, new sports contract hubs, and detailed event pages covering a range of athletic contests.
Introducing Preset Combos for Football and Player Contracts
Robinhood underscored the rising popularity of parlays – known as combos in prediction markets – particularly as football season reaches its final stretch.
“Customers will be able to trade preset combos for individual Pro Football games, giving them another way to turn their nuanced sports knowledge into an investing opportunity,” according to a statement. “These will be a combination of the outcomes, totals, and spreads within a single game. Like any event contract, these combos will pay $1 dollar, but only if each of the outcomes in the contract resolves correctly.”
The firm is also enhancing its platform with additional player proposition bets, or “player contracts,” covering outcomes such as passing, receiving, and rushing yards, along with anytime touchdowns and other football-related results.
Sherwood News Launches “Scoreboard” for Market Intelligence
Robinhood plans to leverage its Sherwood News outlet to deliver “Scoreboard,” a newsletter designed to consolidate prediction market data and sports news. The resource aims to provide essential statistics and information to keep users informed about sports market trends.
Diversified Event Contracts Beyond Sports
While sports remain a key area, Robinhood stressed its broad prediction offering, now including thousands of yes/no contracts covering economics, politics, pop culture, and more. In October, the company rolled out about 20 political-themed contracts, such as speculation on future meetings by President Trump, a potential national Bitcoin reserve, planned semiconductor tariffs, prospective Trump pardons, and questions around the tenure of Federal Reserve Chairman Jerome Powell.
Industry observers note that non-sports derivatives could be an important pillar for the sector’s long-term expansion, as firms look to capitalize on diverse event contract opportunities.
| Feature | Description |
|---|---|
| Sports Event Contracts | Focused on parlays (“combos”) and player contracts, especially for football. |
| Platform Enhancements | 24/7 access, limit orders, dollar-based trades, event details, and sports hubs. |
| Newsletter Launch | “Scoreboard” by Sherwood News serves as a data and news hub for prediction markets. |
| Expanded Contract Categories | Thousands of yes/no contracts in politics, economics, pop culture, and more. |
- Author
Daniel Williams
