Robinhood introduces Custom Combos, replacing parlays with fixed-odds sports contracts

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Robinhood Custom Combo promotional image. Robinhood introduces Custom Combos, replacing parlays with fixed-odds sports contracts

Robinhood has launched a brand new customized sports activities betting providing referred to as “Custom Combos,” which permits a number of choices to be added to a single fixed-odds contract.

The terminology of the customized contract is a noticeable transfer away from the standard time period “parlay” because the predictions supplier makes an effort to distance itself from the sports activities betting staple.

Robinhood launches Customized Combos

As we reported, Robinhood snapped up 90% of MIAX Derivatives Exchange to develop its prediction market providing and to incorporate extra range into sports activities contracts.

This looks like the proper dovetail into the brand new Customized Contracts, which permit a number of picks throughout a sequence of sporting occasions.

The corporate posted the information to X, saying, “Stack your picks with Professional Soccer combos. Multi-leg contracts are right here. Mix a number of predictions—winner, totals, and participant efficiency into one customized contract.”

Stack your picks with Professional Soccer combos.

Multi-leg contracts are right here.
Mix a number of predictions—winner, totals, and participant efficiency into one customized contract. https://t.co/ekr1S4I4jN pic.twitter.com/pVIbcvWA4z

— Robinhood (@RobinhoodApp) January 16, 2026

The brand new characteristic will probably be coming to contracts in skilled soccer, the place statistics for the corporate present it’s the busiest and liquidity is highest, however Robinhood has hinted that the format may broaden to extra sports activities and occasion classes over time.

Robinhood dealing with sporting shutdown in Nevada

Regardless of launching the brand new characteristic, Robinhood has been feeling the pressure of regulatory strain in some states, corresponding to Nevada.

As ReadWrite reported, the model was instructed and has agreed to “cease offering new sports-related event contracts” within the Sin Metropolis state, based on authorized commentator Daniel Wallach.

NEW: Robinhood agrees to "stop providing new sports-related occasion contracts in Nevada" all through any appellate proceedings (until it secures an injunction pending enchantment), and can work to unwind open contracts, per Joint Discover filed with the State of Nevada. pic.twitter.com/1XXmye3obx

— Daniel Wallach (@WALLACHLEGAL) November 27, 2025

Robinhood had filed a last-gasp injunction in opposition to the motion introduced by the Nevada Gaming Management Board (NGCB), nevertheless it was denied by the presiding Choose Andrew Gordon.

“In gentle of Choose Gordon’s ruling, the Board and Robinhood have reached an settlement in precept beneath which Robinhood has agreed to stop providing new sports activities occasion contracts within the State of Nevada, pending additional proceedings,” stated the NGCB.

Choose Gordon has been one thing of a prediction market grim reaper having dominated that Crypto.com and Kalshi ought to comply with stop buying and selling in Nevada.

Featured Picture: Robinhood on X

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