Abstract: We study the birational geometry of the moduli spaces of hyperelliptic curves with marked points. We show that these moduli spaces have non Q-factorial singularities. We complete the Kodaira classification by proving that these spaces have Kodaira dimension $4g+3$ when the number of markings is $4g+6$ and are of general type when the number of markings is $n\geq4g+7$. Similarly, we consider the natural finite cover given by ordering the Weierstrass points. In this case, we provide a full Kodaira classification showing that the Kodaira dimension is negative when $n\leq3$, one when $n=4$, and of general type when $n\geq 5$. For this, we carry out a singularity analysis of a modular « almost » resolution given by Hurwitz spaces. We show that the ordered space has canonical singularities and the unordered space has non-canonical singularities. We describe all non-canonical points and show that pluricanonical forms defined on the full regular locus extend to any resolution. Further, we provide a full classification of the structure of the pseudo-effective cone of Cartier divisors for the moduli space of hyperelliptic curves with marked points. We show the cone is non-polyhedral when the number of markings is at least two and polyhedral in the remaining cases. This is all joint work with S. Mullane.