What is Robinhood's typical spread?

Measured across 761 markets in the last 7 days, Robinhood's median two-sided spread was 3.04%. Lower is better for bettors.

How often does Robinhood have the best odds?

Where at least five tracked books priced the same market, Robinhood posted the single best price 10.8% of the time over the last 7 days.

How is Robinhood's spread measured?

Omenizer records every price on every tracked market, converts them to implied probabilities, and sums each market's sides; the amount over 100% is the bookmaker's margin. The figure here is the median across all of the book's observed markets — measured, not quoted from marketing material.

Tracked bookmakers · prediction market

Robinhood: margins and market data

Prediction market. Prices on Robinhood are set by traders on an order book, not by a bookmaker. The figure below is the typical two-sided spread across its markets — measured exactly as we measure a bookmaker's margin, but it means something different: nobody set it as a fee, and Robinhood's own charges (where it has any) are billed separately rather than built into the price. It is reported here, and deliberately not ranked against sportsbooks.

Across 761 markets observed in the last 7 days (5 sports, 6 leagues), Robinhood's median spread was 3.04%. Where at least five books priced the same market, Robinhood had the single best price 10.8% of the time.

Market family	Median margin
Moneyline / match result	3.01%
Handicaps / spreads	3.04%
Totals	2.90%

Price only — fees not verified. The figure above is what Robinhood's prices imply, before any commission or fee it charges. Omenizer has not verified Robinhood's fee schedule, so it cannot be compared like-for-like with a venue whose costs we know, and it is left out of our cost comparison for the same reason. A low price with unknown fees is not the same as a low total cost.

Robinhood spread by sport

Only sports with 50+ observed Robinhood markets in the last 7 days are shown — a median over less is noise.

Sport	Median margin	Best price	Markets (7d)
Basketball	3.12%	16.7%	305
Tennis	3.05%	8.3%	303
American Football	2.96%	13.1%	73

Who runs Robinhood

Availability: licensed in US, US, US, US, US, US, US, US, US, US, US, US, US, US, US, US, US, US, US, US, US, US, US, US, US, US, US, US, US, US, US, US, US, US, US, US, US, US, US, US, US, US, US, US, US, US, US, US, US, US, US. (reported — verification in progress)

What others say about Robinhood

Independent scores published elsewhere, each linked to the page it was read from and dated. Omenizer does not collect or host reviews — these are other people's numbers, reproduced so you can check them.

Source	Score	Reviews	Checked
Google Play (US)	4.2 / 5	531,614	source 2026-08-15

In the last 90 days, Robinhood posted the board-leading price on 18 signals flagged by Omenizer's detection engine.

On an order book, the spread is what it costs to cross it: the gap between the best price to buy and the best price to sell. A 3.04% spread means the two sides of a typical Robinhood market together imply about 103.04% — the cost of trading in and straight back out. It is set by whoever is quoting at that moment, not by Robinhood, and it moves with liquidity.

FAQ

What is Robinhood's typical spread?: Measured across 761 markets in the last 7 days, Robinhood's median two-sided spread was 3.04%. Lower is better for bettors.
How often does Robinhood have the best odds?: Where at least five tracked books priced the same market, Robinhood posted the single best price 10.8% of the time over the last 7 days.
How is Robinhood's spread measured?: Omenizer records every price on every tracked market, converts them to implied probabilities, and sums each market's sides; the amount over 100% is the bookmaker's margin. The figure here is the median across all of the book's observed markets — measured, not quoted from marketing material.

See where Robinhood beats fair value — free account

Live reference — data refreshes daily · the dataset · all tracked bookmakers

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