Sportsbooks are jumping into prediction markets, and two of the biggest names in the space, DraftKings and FanDuel, both launched their own event-contract trading platforms in late 2025. DraftKings Predictions and FanDuel Predicts let you trade “Yes” or “No” positions on everything from sports outcomes to Fed rate decisions, using the same regulatory framework that powers platforms like Kalshi and Polymarket.

This isn’t a minor side bet, either. In November 2025, DraftKings withdrew its pending Nevada sports betting application and FanDuel surrendered its Nevada sportsbook license altogether, after regulators there said the companies’ prediction market plans amounted to unlawful wagering under state law. Both companies exited Nevada and resigned from the American Gaming Association within the same stretch, a sign of just how serious this pivot into prediction markets really is.

Both products are still relatively new and finding their footing, which makes them different from a lot of prediction market comparisons out there. Below, we’ll cover what each platform actually is, then compare them head-to-head on markets, money movement, fees, liquidity, and support.

DraftKings Predictions vs. FanDuel Predicts: Comparing Prediction Market apps

Before getting into the details, here’s a side-by-side snapshot of how the two platforms stack up.

DraftKings PredictionsFanDuel Predicts
LaunchedDecember 2025December 2025
Backend ExchangeDKeX, DraftKings’ own CFTC-regulated exchange, built on technology acquired from Railbird TechnologiesJoint venture with CME Group
Availability48 statesAll 50 states
Sports ContractsMainly in states where DraftKings Sportsbook isn’t availableAvailable in 18 states so far
AppStandalone app, plus a Predictions tab inside the main DraftKings appStandalone app only
Best ForExisting DraftKings members who want everything under one loginTraders who want a FanDuel-style interface and a simpler market menu

With the basics out of the way, let’s look at each platform on its own.

What Is DraftKings Predictions?

DraftKings Predictions gives the DraftKings ecosystem (already home to its sportsbook, casino, and daily fantasy products) a dedicated entry into event-contract trading. The product traces back to a National Futures Association registration in mid-2024, followed by DraftKings’ 2025 acquisition of Railbird Technologies, a CFTC-licensed exchange operator. That deal gave DraftKings the license and infrastructure that now power its own exchange, called DKeX.

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Bonuses and Promotions

DraftKings Predictions doesn’t require a promo code. The Spend $5, Get $150 welcome offer applies automatically once you sign up through a qualifying link and place your first trade, and it works like this:

The offer is scheduled for a limited time, so it’s worth confirming the current terms in the app before you sign up, since promotions like this tend to get refreshed or replaced over time.

Legality & State Availability

DraftKings Predictions operates as a CFTC-registered Introducing Broker and NFA member, giving it a federal framework to trade nationwide. It’s currently available in AL, AK, AZ, AR, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, MI, MN, MO, MS, MT, NC, ND, NE, NJ, NM, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV & WY, with sports contracts offered mainly in states where DraftKings’ traditional sportsbook isn’t licensed to avoid overlapping with its existing sports betting business. Nevada is a notable exception, since DraftKings withdrew its Nevada sports betting application entirely as part of its shift toward prediction markets.

As with other prediction market operators, availability by category can shift as state regulators weigh in on how event contracts should be treated, so it’s worth confirming your state’s current status in the app.

How to Sign Up for DraftKings Predictions

Getting started requires downloading the app and completing a short verification process. Here’s what that looks like from start to finish.

  1. Click our DraftKings Predictions promo code link for a redirect to the registration page
  2. Select “Join” or “Sign Up,” and enter your email (existing DraftKings members may be able to connect their account directly)
  3. Choose a username and password, and agree to the platform’s terms of use
  4. Provide personal details needed for identity verification, including your address and date of birth
  5. Complete an eligibility check, which includes questions about your financial background and trading experience, plus required risk disclosures
  6. Fund your account and start browsing markets

Once you’re verified, you’re free to add funds and place your first trade right away. New players can also get started by downloading the mobile app via the App Store or Google Play, or by visiting the website homepage.

What Is FanDuel Predicts?

FanDuel Predicts is FanDuel Group’s entry into event-contract trading, built through a joint venture with CME Group, one of the world’s largest derivatives exchanges. It runs as a standalone product from FanDuel’s other offerings, including its sportsbook, casino, and daily fantasy platforms, though existing FanDuel members can log in with their current account.

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Bonuses and Promotions

In August 2026, FanDuel Predicts is offering a welcome bonus of $25 on sign-up with no special promo code required.

Legality & State Availability

FanDuel Predicts is regulated by the CFTC rather than state gaming bodies, which is what allows it to operate nationwide. The general product, covering categories like politics, economics, and culture, is available in all 50 states, but sports-related contracts are currently limited to 18 states, since several states, including Nevada, treat sports event contracts as a separate legal question from prediction markets generally.

Because market availability depends on both federal rules and how individual states treat event contracts, the states offering sports contracts can expand or shift over time, so it’s worth checking FanDuel’s eligibility page before assuming a specific market is live in your state.

How to Sign Up for FanDuel Predicts

FanDuel Predicts is currently available only through its standalone mobile app. Here’s the process from download to your first trade:

  1. Click our FanDuel Predicts promo code link, which leads right to the registration page
  2. Click “Join” and enter your email, connecting an existing FanDuel account if you have one
  3. New members choose a username and password and agree to the terms of use
  4. Provide personal information, including your address, date of birth, and the last four digits of your Social Security number
  5. Complete an eligibility check covering your financial background, trading experience, and required disclosures
  6. Fund your account and start browsing markets

Once you’re approved, you can add funds and place your first trade right away. New customers can also get started by downloading the FanDuel Predicts app from the App Store or Google Play, or by scanning the QR code at fanduel.com/predicts.

DraftKings Predictions vs. FanDuel Predicts: Markets & Sports Coverage

Both platforms cover a similar mix of categories, but they’re at very different stages of building out their menus. DraftKings Predictions offers markets across sports, economics, the stock market, cryptocurrency, commodities, and culture, with sports contracts concentrated in states where its traditional sportsbook doesn’t operate.

FanDuel Predicts covers similar ground, including sports (mainly in its 18 supported states), interest rate decisions, GDP and CPI data, commodities, and culture, though it launched with a much smaller number of live markets focused heavily on economic data. In short, DraftKings has built out a broader menu across more categories so far, while FanDuel Predicts is still in an earlier, more limited stage of expanding beyond its initial economic contracts.

DraftKings Predictions vs. FanDuel Predicts: Deposits & Withdrawals

Getting money in and out looks a bit different depending on which platform you’re using, and DraftKings currently offers more ways to move money than FanDuel does.

Deposits

Both platforms let you fund your account with a credit or debit card or a bank transfer once your identity is verified. Neither platform currently supports crypto deposits, though DraftKings’ broader payment ecosystem includes other methods like Venmo and Apple Pay that may extend to Predictions as the product matures.

Withdrawals

DraftKings supports a wide range of withdrawal methods, including online banking (ACH), PayPal, debit card, Venmo, Apple Pay, bank wire, check by mail, and cash at a casino cage. Processing times vary quite a bit by method:

FanDuel Predicts is simpler by comparison, supporting withdrawals by debit card or online banking. To withdraw, you go to your account, select “Withdraw,” choose a method, and enter the amount. Debit card withdrawals typically take up to 24 hours, while online banking withdrawals take 3 to 5 business days.

Between the two, DraftKings offers more flexibility and generally faster options, while FanDuel keeps things simple with just two methods that lean toward the slower end of the spectrum.

Fees & Liquidity: DraftKings Predictions vs. FanDuel Predicts

With both platforms covered individually, this is where the differences actually show up once money is on the line.

Fees

FanDuel Predicts charges a transaction fee equal to 2% of your prospective payout, built into the total amount you’re charged rather than deducted afterward. For example, a $10 position at even odds might actually cost around $16.65, since the fee is calculated against the full potential payout rather than your initial stake.

DraftKings Predictions uses a standardized, tiered fee schedule based on the contract’s price at the time of purchase:

That fee covers all applicable introducing broker commissions and exchange fees, so there’s nothing else layered on top. Fee structures on both platforms are still relatively new, so it’s worth confirming the current terms in-app before placing a trade.

Liquidity

Liquidity is where both platforms show their age, or lack of it. FanDuel Predicts launched with just a handful of live markets, mostly tied to economic data, which naturally limits how much volume any single contract can attract.

DraftKings Predictions has built out a wider range of categories, but as a newer entrant to the space, it hasn’t had time to build the kind of deep, established markets that platforms like Kalshi and Polymarket have developed over several years. Neither platform is likely to match the liquidity of the more established operators yet, though that’s expected to change as both continue to grow.

DraftKings Predictions vs. FanDuel Predicts: Best Features of Each Prediction Market Site

Both platforms lean on their parent sportsbook’s strengths, but in different ways.

DraftKings Predictions

Those strengths lean on DraftKings’ scale and existing infrastructure, while FanDuel’s advantages come from its partnership with a major financial exchange.

FanDuel Predicts

Beyond the features themselves, it’s worth knowing what happens if you run into a problem on either platform.

DraftKings Predictions vs. FanDuel Predicts Customer Support Comparison

Both platforms offer support resources aimed at traders who are new to event contracts.

DraftKings Predictions

DraftKings Predictions includes an in-app learning center that explains how contract pricing and settlement work, along with a help and support section for account or trading questions. Live support is available for members who need direct assistance, consistent with what DraftKings offers across its other products.

FanDuel Predicts

FanDuel Predicts includes a “Learn” section covering prediction market basics, along with a Help and Support area where you can browse FAQs or chat live with a support representative. The educational content is aimed squarely at traders who haven’t used a prediction market before.

Final Verdict: DraftKings Predictions or FanDuel Predicts?

Both platforms are legitimate, federally regulated ways to try prediction market trading, and both are still early in building out their full potential. If you’re deciding between them, it usually comes down to which ecosystem you’re already in and what you value most.

Choose DraftKings Predictions if you’re already a DraftKings member, want a broader range of markets right now, or need more flexibility on how you get your money back out. Choose FanDuel Predicts if you want a simpler setup and don’t mind starting with a smaller menu of markets while the platform continues to grow.

Since both platforms are so new, it’s worth keeping an eye on how quickly each one expands its market menu and improves its fee transparency over the coming months.