Robinhood is launching contracts that allow customers to bet on the outcome of the presidential election, the brokerage said Monday. The contracts are Robinhood’s first foray into prediction markets and come after a recent federal court ruling effectively legalizing election betting in the U.S. The launch on Robinhood—which has about 24 million funded customers—opens election betting to a far broader user base than those found on other platforms offering such betting to Americans, such as Interactive Brokers or Kalshi.