How do I delete my PredictIt account?

To delete your PredictIt account, you need to email. The process typically takes 20-30 minutes. Account deletion available through email support at support@predictit.org. Your account balance must be zero before cancellation can be processed.

How difficult is it to delete a PredictIt account?

The difficulty rating for deleting a PredictIt account is 5 out of 10 (medium). The process typically takes 20-30 minutes via email.

Can I reopen my PredictIt account after deletion?

Most gambling platforms do not allow you to reopen a deleted account. This is permanent. If you need temporary access restriction instead, consider self-exclusion.

How to Delete Your PredictIt Account

Important Information

Regulated Prediction Market

PredictIt is a political prediction market operated by Victoria University of Wellington with CFTC regulatory approval as a designated contract market (DCM). In 2022, the CFTC attempted to revoke PredictIt's no-action letter and order a wind-down, but PredictIt successfully challenged this in court and won full regulatory approval in September 2025. The platform continues to operate with position limits of $850 per contract and 5,000 traders per market.

Step 1: Prepare Your Account

Before requesting account deletion, you must bring your balance to zero:

Close all open positions - Sell any shares you hold in active markets
Cancel pending orders - Remove any outstanding buy/sell orders
Withdraw all funds - Request withdrawal of your entire balance to your linked bank account
Wait for withdrawal to complete - Bank transfers typically take 3-5 business days
Save your records - Download transaction history and tax documents (1099s if applicable)

Important: Your cancellation request will not be processed until your ledger balance is $0.00.

Step 2: Email Deletion Request

Once your balance is zero, contact PredictIt support to request account deletion:

Account Deletion Email

Urgent

Copy this email template to request permanent account deletion

Send to: support@predictit.org

Subject:

Account Deletion Request - PredictIt

Email Body:

I am requesting the permanent deletion/cancellation of my PredictIt account. Account Information: - Username: [Your Username] - Email: [Your Registered Email] - Full Name: [Your Legal Name on Account] I confirm that: - My account balance is $0.00 - I have closed all positions and withdrawn all funds - I understand this action is permanent and irreversible Please confirm when my account has been deleted. [Your Full Name] [Date]

Instructions:

Copy the email content above
Send from the email address associated with your PredictIt account
Keep a copy of your sent email for records
Follow up if you don't receive a response within 7-14 days

Expected Timeline

Withdrawal processing: 3-5 business days
Initial support response: 1-3 business days
Account deletion processing: 5-10 business days
Total time: 1-3 weeks

Support Contact

Email: support@predictit.org Support Portal: predictit.freshdesk.com Response Time: Usually 1-3 business days

Important Notes About PredictIt

No formal self-exclusion: Unlike traditional sportsbooks, PredictIt does not offer self-exclusion or deposit limit tools as it operates as a prediction market regulated by the CFTC rather than a gambling commission
Position limits: Each trader is limited to $850 per contract and markets are capped at 5,000 traders
Tax implications: Trading profits may be taxable - consult a tax professional and save all records before closing your account

Need Help Right Now?

If you're struggling with gambling addiction, help is available 24/7:

Call: 1-800-522-4700 National Problem Gambling Helpline

Crisis? Call or text 988

How to Delete Your PredictIt Account

Quick Overview

Quick Action: Delete Your PredictIt Account

How to Delete Your PredictIt Account

Important Information

Regulated Prediction Market

Step 1: Prepare Your Account

Step 2: Email Deletion Request

Account Deletion Email

Expected Timeline

Support Contact

Important Notes About PredictIt

Need Help Right Now?

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