Robinhood Expands Sports Betting Ahead of NFL Playoffs
Robinhood Markets is rolling out enhanced sports wagering features just as the NFL playoffs approach. The platform now offers 'preset combos'—multi-leg event contracts that pay out only if all components hit—mirroring parlay bets in traditional sportsbooks.
The timing aligns with January 2026 playoffs, capitalizing on football's peak engagement period. VP JB Mackenzie framed the MOVE as responding to trader demand for advanced order types, though critics note the blurring line between brokerage services and gambling.
Robinhood promoted the launch with a live-streamed trading event, signaling aggressive marketing for its prediction markets. The expansion risks regulatory scrutiny as fintech platforms increasingly encroach on territory dominated by casinos and sportsbooks.
