SI Predict Promo Code April 2025

Prediction markets are having a moment, and everyone’s trying to get in on the action. With DraftKings making recent moves to demonstrate its interest in the prediction market space, another legacy sports brand is throwing its hat into the ring.

Sports Illustrated, known for chronicling sports stories, is partnering with a British digital marketing company to launch SI Predict, a new prediction market focused on event trading around events in the world of sports, where users can choose from various betting options.

In this article, you’ll learn more about this new venture, when it’s expected to be available to the general public, and how it could stand out in an already competitive marketplace.

CONTENTS

• SI Predict Promo Code Key Info to Unlock
• What is SI Predict?
• SI Predict News Timeline
• Likely SI Predict Sign Up Steps
• Regulations and Predictions Markets
• SI Predict Responsible Gaming
• SI Predict Promo Code FAQs

SI PREDICT PROMO CODE KEY INFO TO UNLOCK

The first thing you need to know about SI Predict is the promo code details and the sign up bonus.

WHAT IS SI PREDICT?

SI Predict jumps into an already competitive marketplace, as prediction markets are becoming one of the hot new trends for the wagering world in 2025.

In order to carve out a unique corner of the market, SI Predict will focus its event contracts on the storytelling elements around sports. Think of it as fewer sharks and more people watching. Prediction markets frame questions as yes or no to facilitate market action. Some of the prediction market examples SI Predict will offer will be questions like:

• Will Taylor Swift attend this week’s Chiefs road game?
• Will the home team’s quarterback have over 300 yards passing this week?
• The time on the Super Bowl halftime show will be more than 9 minutes.

From a positioning perspective, SI Predict is trying to stray from “hard” sports event trading on pure outcomes. Trading on more “fun” outcomes around the event will be a good way for SI Predict to separate itself from the rest of the market.

POPULARITY OF PREDICTIONS MARKETS

Prediction markets have been a staple of the digital era, but they haven’t had their moment in the sun until recently. In the United States, the legal status of prediction markets varies by state, reflecting the diverse regulatory landscape across the country.

Prediction markets are a valuable tool for monitoring public sentiment on issues. Speculators and prognosticators have found value in using prediction markets as a supplementary research tool for interpreting the general public’s interpretation of an issue. Initially, these marketplaces sprung up in more underground corners of the Internet and transacted using untraceable cryptocurrency.

Many prognosticators were eager to tap into the collective wisdom offered by prediction markets, so a wave of start-ups emerged offering prediction markets to the general public. Companies like PredictIt, Polymarket, and Kalshi have become more commonplace. With their offerings, including the opportunity to speculate on events like politics and economic outcomes, prediction markets became a tool to assess the United States electorate in the 2024 election.

After the 2024 election, where prediction markets played a significant role in handicapping the outcome, prediction markets began to emerge out of the gray area and into a more prominent place. President Trump’s election signaled a more lax attitude to regulations, particularly in the financial sector, and has driven many companies with interest in this burgeoning market to take steps towards establishing a presence in the prediction market space.

Brands like DraftKings are starting to show interest in prediction markets. Sports Illustrated Predict will leverage its legacy brand to generate attention in this new, exciting marketplace.

SI PREDICT SPORTS EVENTS ODDS AND CONTRACTS

Sports event contracts are yes/no questions framed around events that occur within sporting events. If any single leg of a parlay bet fails, the total bet is lost, highlighting the higher risk associated with parlay bets. For example, in an NBA game between the Oklahoma City Thunder and the Denver Nuggets, users could see questions like “Will an Oklahoma City player score more than 30 points in the game?” A price is set for yes and no based on the likelihood of the outcome as determined by the person who created the question.

As trading on the question commences, the price of yes and no will fluctuate based on market activity. If the likelihood that the answer to the question is yes, the price will go higher, reducing the potential return on the contract.

SI Predict will highlight questions surrounding upcoming and future sporting events that its users can speculate on. Since Sports Illustrated is a sports-first brand, I expect the site will focus on event contracts for sports. There may be an additional section for other prediction markets, but the focus of SI Predict is expected to be sports contracts.

WHAT SPORTS WILL BE ON SI PREDICT?

We should see the most popular American sports, like football, basketball, baseball, and hockey, available as market options on SI Predict. Sports fans can expect other prediction markets such as college football, soccer, and golf, as well as niche offerings like Formula 1, cricket, and e-sports. I would expect SI Predict to focus on event trading markets for sports.

Other important things to consider include the variety of sports available and the specific terms for each market option.

SI PREDICT NEWS TIMELINE

SI Predict has announced an end-of-Q2 2025 launch date for SI Predict. Sports Illustrated’s journey in expanding its brand beyond the magazine has been a struggle. SI Predict is also in the works to introduce new features and promotions as the launch date approaches.

• Q2 2025: The launch of SI Predict, barring any last-minute regulatory efforts, is set for Q2 of 2025.
• March 2024: 888 Holdings pays Sports Illustrated $50 million to dissolve its partnership with SI Sportsbook, an unsuccessful attempt by the brand to get into the world of sports gambling.
• May 2022: SI Sportsbook launches in Virginia.
• September 2022: SI Sportsbook launches in Michigan.
• September 2021: SI Sportsbook launches in Colorado, its first go-live state.
• June 2021: Sports Illustrated’s parent company announces a deal with European betting operator 888 to develop an SI-branded online sportsbook and casino.

LIKELY SI PREDICT SIGN UP STEPS

The first thing you need to do is create an account, which will be tied to a specific email address.

SI Predict’s launch date is still unclear, so it’s not clear what the sign up process will be for the site. Based on the signup process at other sites, it will most likely follow this process:

1. Create an account - First, you’ll be asked to create an SI Predict account tied to a specific email address. There may be options to authenticate through portals like Google and Apple, but that is TBD.
2. Verify your identity - Verify your identity now to ensure a smooth cash-out when you want to withdraw your winnings. Providing a photo ID and verifying your Social Security Number are common steps at this stage towards creating an account.
3. Depositing funds - SI Predict plans to utilize blockchain technology to keep the peer-to-peer nature of its product front and center and avoid any regulatory hiccups. Stay up to date on what payment options SI Predict eventually offers.
4. Start playing - SI Predict plans to market itself as a “fun” prediction market. Get in the marketplace and start having some fun.

REGULATIONS AND PREDICTIONS MARKETS

Prediction markets differ from traditional sportsbooks because they are closer to more traditional financial markets like stock exchanges. Prediction markets are technically labeled as derivatives markets and are regulated by the Commodity Futures Trading Commission.

Since these are legally regulated markets, they must comply with the same regulatory standards that most markets regulated by the SEC would have to comply with. Any profits from trading on the site must be reported on tax returns and claimed as legitimate income.

It will be interesting to see how SI Predict handles regulatory efforts. Initial information about the brand has made it seem like they’re not worried about regulatory efforts, even though regulatory battles have been front and center for prediction markets.

If they hope to be regulated in the same way as prediction markets like Kalshi, SI Predict will need to comply with CFTC regulations. Since SI Predict should have more of a sports blend than the other prediction markets, I wonder how that will affect what they can offer their customers.

Prediction markets’ effort to expand into the sports world is causing a significant regulatory battle between prediction markets and the CFTC. It will be interesting to see how SI Predict avoids getting involved in the regulatory back-and-forth between prediction markets and their regulatory body.

It's important to note that in prediction markets, just like in traditional betting, you can lose your initial wager if the outcome does not go in your favor.

SI PREDICT RESPONSIBLE GAMING

Prediction markets function more like stock or commodities exchanges. The language around responsible behaviors at prediction markets is more akin to what you hear in a Charles Schwab ad - “investing has certain risks, etc.”

As more participants crowd into the prediction market space, some newer entrants will look to cater to those coming to prediction markets from sportsbooks. Infusing responsible gaming tools and content into its product could be a way to stay competitive from a feature perspective in a crowded marketplace. Other things to consider include setting betting limits and being aware of the risks involved.

SI Predict has been unclear about the role responsible gaming will play in its new prediction market. It could be an opportunity to set themselves apart from other competitors.

SI PREDICT PROMO CODE FAQs

Need the quick hits around SI Predict? This section will answer all your immediate questions.

Users will have the opportunity to choose from a variety of betting options tailored to their preferences.

IS SPORTS ILLUSTRATED JOINING PREDICTION MARKETS?

Sports Illustrated is partnering with a British digital marketing company called Galactic. They plan to jump on the prediction market trend with a product focused on event contract trading around professional sports.

The partnership works to leverage both brands' strengths to create a compelling prediction market offering.

WHEN IS SI PREDICT LAUNCHING?

SI Predict is scheduled to launch at the end of Q2 in 2025. It will focus on offering event contracts based on the narratives and stories surrounding professional sports. The first thing users should do is stay updated on the latest news about the launch to ensure they don't miss out on any early promotions.

WILL THERE BE A SI PREDICT PROMO CODE?

More details about SI Predict are emerging, including whether they’ll offer a bonus code. The SI Predict promotion code will likely include various offers to attract new users and enhance their betting experience. Once there is a welcome bonus, we will be sure to update you.

HOW DO PREDICTION MARKETS WORK?

Prediction markets are user-driven marketplaces where savvy users can take the public’s temperature on how they feel about an outcome in sports, business, politics, or economics. Prediction markets allow users to frame yes/no questions for the marketplace on topics and allow people to bid on what they believe the outcome will be.

WHERE ARE PREDICTION MARKETS LEGAL IN THE US?

Prediction market competitors like Kalshi are legal in all fifty states in the US. One should note that prediction markets are constantly clashing with the CFTC (Commodity Futures Trading Commission). There has been a series of back-and-forth regulatory battles between the start-up prediction markets and the CFTC. Before depositing money onto any prediction market site, pay attention to the news and ensure that there are no legal challenges that could threaten the validity of the marketplace in your area. The legal status of prediction markets can vary significantly across different states within the country.

DO I HAVE TO PAY TAXES OR FEES ON PREDICTION MARKETS?

Depending on the prediction market, there is usually some trading fee for trading on event contracts taken by the prediction market. This is standard across most derivatives markets. With taxes, prediction markets should be treated like any legal financial market, where you are expected to pay taxes on investments. You should consult a tax professional on the best strategy for paying taxes on potential wins. It's also important to consider that you can lose money on trades, just as you can in traditional financial markets.