Robinhood is expanding its prediction markets platform by now offering its customers the ability to place NFL parlay and prop bets. Launching this week, customers can place parlay-style trades and player-specific wagers on professional football outcomes and individual performances, moving beyond simple yes/no market bets.
These new features include preset combos, which are multi-outcome contracts that only pay out if every component is correct, similar to traditional parlays.
Robinhood also plans to launch custom combo options early next year, where users can bundle up to 10 different outcomes into a single trade…
Robinhood’s move into prediction markets began in 2024 at the height of the presidential election by partnering with clearing exchange ForecastEx.
