DraftKings is ready to improve its prediction markets offering with its own sports event contracts.
Railbird Exchange, which DraftKings acquired in October 2025, filed to offer six products making up a full sports prediction markets menu.
The products would allow DraftKings Predictions to use more of its own contracts rather than from third-party venues through the launch of DraftKings Exchange. Currently, the offerings for its prediction market come from listings on Crypto.com and CME Group.
What Railbird wants to offer
The filings last week with the Commodity Futures Trading Commission show six sports-related markets. Railbird is a CFTC-registered designated contract market, which means it can list its own contracts, giving DraftKings more control over what it offers than relying on those third-party DCMs.
Those include:
- Game winners
- Game and player props
- Head-to-head performance contracts
- Spreads
The filings include a large swath of sports, including baseball, basketball, football, golf, hockey, MMA, motor sports, soccer and tennis. It also could include college and international leagues.
The contracts will likely be offered in states where sports betting is not legal.
DraftKings prediction markets expansion
DraftKings Predictions launched in December 2025. During the company’s recent investor day call, CEO Jason Robins spoke about the prediction markets products, that included the launch of its “super app.” That puts the sportsbook, casino, lottery, and prediction markets products all in one app with one wallet.
Executives said the company will look to employ a strategy similar to its “sportsbook playbook,” with vertical integration, proprietary pricing and trading capabilities. Robins said a parlay-style prediction markets product would likely be released soon as well. It was not listed among the Railbird filings last week.
The executives believe prediction markets could be a $10 billion annual revenue opportunity for the company.
Building out it prediction markets products could be key to better financial performances. Some analysts are bearish on the company following the first quarter performance.
