Rebet review (2026)

Rebet is a social sweepstakes app for peer-to-peer sports predictions. It's the lightest on-ramp for Florida users who want a prediction-style experience without opening a Kalshi or Polymarket account.

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Our verdict: 3.3 / 5

Rebet is a solid social app but not a real prediction market. If you want to hedge Fed rate decisions or trade the presidential election, use Kalshi. If you want to challenge a friend on the Dolphins spread from your phone in five taps, Rebet is genuinely fun, and Rebet says it is available in Florida.

What Rebet gets right

• Zero friction. Rebet accepts Florida players under its sweepstakes model.
• Peer-to-peer. Direct challenges are more engaging than staring at a board.
• Free to start. Daily login coins mean you can play without spending.
• Mobile-first. The app is genuinely well-built and quick to learn.
• Florida-friendly. Rebet accepts sign-ups from Florida; check its terms for the age requirement.

Where Rebet falls short

• Not a regulated exchange. No order book, no price discovery, no hedging.
• Sports only. No politics, weather, economics or crypto markets.
• Thinner liquidity. Peer challenges depend on finding an opponent.
• Redemption caps. Cash-out limits are lower than on a regulated exchange.

Rebet vs Polymarket vs Kalshi for Florida

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Certain limitations apply. The offer is available to new users only, subject to the terms and conditions at kalshi.com/tc/500. 18+ only. Restrictions and eligibility requirements apply. Event contract trading involves significant risk and is not appropriate for everyone. Please carefully consider if it is appropriate for you in light of your personal financial circumstances. Kalshi products are not available in all jurisdictions. See kalshi.com/regulatory for more information.

Sources

• › Rebet — official site (opens in a new tab)
• › CFTC press releases and enforcement actions
• › U.S. Commodity Futures Trading Commission (CFTC)
• › Florida Council on Compulsive Gambling — 888-ADMIT-IT

Related reading

• › Is Rebet legal in Florida?

Frequently asked questions

Is Rebet legal in Florida?

Rebet says it is available in Florida under a sweepstakes model with virtual coins. That is Rebet's position, not a ruling by a Florida court or regulator. Check Rebet's terms for age and eligibility before you sign up.

Does Rebet pay real money?

Rebet uses a dual-coin model: Rebet Coins (play-only) and Rebet Cash (redeemable for cash prizes). You get Rebet Cash as a bonus with purchases or as free daily login rewards — you never buy them directly.

How is Rebet different from Kalshi?

Kalshi is a CFTC-regulated federal exchange trading USD contracts on real events. Rebet is a social sweepstakes app for peer-to-peer sports predictions with virtual coins. Kalshi is a real financial market; Rebet is closer to a social gaming app with cash-prize redemption.

What sports does Rebet cover?

NFL, NBA, MLB, NHL, college football and basketball, MMA, soccer, and tennis. Rebet is sports-first — it doesn't cover politics, weather, or economics like Kalshi and Polymarket.

Is Rebet safe?

Rebet is a licensed sweepstakes operator and uses standard KYC and payment security. As with any sweepstakes app, only play with money you're comfortable spending — the sweeps redemption is a bonus, not the point.

How do I sign up for Rebet in Florida?

Download the Rebet app from the App Store or Google Play, verify you're 18+, complete KYC, and you can start with free daily coins. No deposit required to begin.

Is there a Rebet promo code?

Yes. Use code FLPREDICTS through the Rebet link on this page. The current new-user offer is a 100% match on your first coin purchase, up to $100. Rebet is a sweepstakes app, not a CFTC-regulated exchange, and offers change, so check the terms on the sign-up screen.