Fanatics Markets vs. FanDuel Predicts: Which Prediction Market Is Better?
Two of the biggest names in US sports betting now run their own prediction markets. Fanatics Markets and FanDuel Predicts each launched in late 2025, and both let you buy and sell event contracts on sports and real-world outcomes instead of placing fixed-odds bets.
The two apps have a lot in common. Each is a standalone app tied to a well-known sportsbook brand, each operates under federal CFTC oversight rather than state gaming licenses, and each limits sports contracts to states where its parent company doesn’t run a licensed sportsbook.
The details are where they split: exchange partners, fees, banking options, market categories and app design. This comparison breaks down each one so you can decide which fits the way you trade.
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Fanatics Markets vs. FanDuel Predicts Overview
Both apps are event contract platforms, not sportsbooks. Instead of American odds such as -110 or +150, each contract trades at a price between $0.01 and $0.99 that reflects the market’s view of how likely an outcome is, and a correct contract pays $1 at settlement.
FanDuel Predicts lists its contracts on CME Group’s exchange through a partnership announced in 2025, and it runs as a separate app from FanDuel Sportsbook with its own wallet. You can sign in with your existing FanDuel credentials, but Predicts funds are kept apart from your sportsbook and casino balances.
Fanatics Markets is also its own app, separate from Fanatics Sportsbook but reachable through the same Fanatics One login. Its contracts clear through Crypto.com | Derivatives North America (CDNA), and Fanatics agreed in July 2026 to purchase BGC Group’s exchange and clearing business.
Where you can trade sports contracts depends on your location. FanDuel Predicts offers sports contracts in 18 states, all places without a FanDuel Sportsbook license, while its non-sports markets are available almost everywhere. Fanatics Markets follows the same rule for states with a Fanatics Sportsbook and operates in a smaller group of states overall.
Here’s how the two compare side by side:
| Category | FanDuel Predicts | Fanatics Markets |
|---|---|---|
| 📅 Launched | December 2025 | December 2025 |
| 🏢 Operator | FanDuel Group | Fanatics Betting & Gaming |
| 🏛️ Exchange and Regulation | Contracts listed on CME Group’s exchange under CFTC oversight | Clears through Crypto.com | Derivatives North America (CDNA); buying an exchange from BGC Group |
| 📱 App | Standalone app with its own wallet; uses your FanDuel login | Standalone app; uses your Fanatics One login |
| 🗺️ Sports Contract States | 18 states without a FanDuel Sportsbook license | States without a Fanatics Sportsbook license |
| 🔞 Minimum Age | 18+, or 21+ in some states | 21+ |
| 🎯 Market Categories | Sports, economics, companies, politics, climate, tech and culture | Sports, politics, economics, finance, stocks, crypto, climate, tech, media and pop culture |
| 💸 Fees | 2% of potential payout on each buy and sell | Small per-contract trading fee |
| 📥 Deposit Options | Online banking and debit card, plus other methods FanDuel has added | Debit card, ACH, Apple Pay, PayPal, Venmo and wire transfer |
| 📤 Withdrawals | Bank transfer, $10 minimum, usually one to two business days | ACH or debit card |
| 🎁 Welcome Offer | Available through our links | Up to $150 in FanCash |
| 💬 Support | Live chat, email and help center | Live chat, email and help center |
| ✅ Best For | FanDuel customers who want regulated event trading in a familiar style | Fanatics customers and Kalshi fans who want broad categories and flexible banking |
Market Structure and Types of Events
On FanDuel Predicts, sports contracts center on game winners, player stat milestones and playoff or tournament advancement. Beyond sports, FanDuel lists markets on economics, companies, politics, climate, tech and culture, and partnerships with Crypto.com and OG added more sports, entertainment and combination contracts in June 2026.
Prices work as implied probabilities. A contract at $0.60 means the market sees roughly a 60% chance of that outcome. You can buy at today’s price and, while the market is open, sell early if the price moves your way.
Fanatics Markets also leads with sports, covering the NFL, NBA, MLB, NHL and major college events where allowed, with contracts on game winners, playoff runs and player performance. Its rollout came in two phases. The first, launched in December 2025, covered politics, economics, finance and sports. The second added stocks, crypto, climate, tech, media and pop culture.
Both menus now reach well beyond sports, so the bigger difference is the ecosystem around each app. FanDuel Predicts draws on FanDuel’s huge sportsbook customer base, while Fanatics Markets ties into a brand that spans sports betting, merchandise and the FanCash rewards program.
Pricing Model and Cost Structure
At a sportsbook, the house margin is baked into the odds, which is why both sides of an even game sit at -110. Prediction markets take their cut differently.
Rather than hiding a margin in the price, these apps charge trading fees, and there’s also a gap between what buyers will pay and what sellers will accept. When you buy, you take the current asking price. When you sell early, you get whatever the market will pay at that moment.
FanDuel Predicts charges 2% of the potential payout on each buy and sell, including early exits. Fanatics Markets charges a small per-contract fee on its trades as well. Both approaches let the platform earn money from activity without taking the other side of your trade.
Your total cost depends on how often you trade. Someone who opens and closes several positions over a weekend will pay more in fees than someone who buys once and holds to settlement.
Liquidity and Market Depth
Liquidity is about how easily you can get in and out of a position without moving the price yourself. At a sportsbook you rarely notice it, since the house takes every bet. On a prediction market, thin liquidity shows up as wider price gaps and harder exits.
FanDuel Predicts can lean on FanDuel’s large customer base and CME’s infrastructure. Big events like NFL playoff games and marquee NBA matchups draw the most activity, which helps keep prices tight and exits smooth.
Fanatics Markets is still building depth. National TV games see strong activity, while smaller matchups can show bigger price swings. Once the BGC deal closes, running its own exchange should give Fanatics more control over how its markets are listed and cleared.
Both apps run order books, so prices come from users’ trades rather than a house-set line, and probabilities shift in real time as orders come in. As both products grow, liquidity should deepen further.
User Experience and Interface
FanDuel Predicts will feel familiar to anyone who has used FanDuel Sportsbook. Your existing login carries over, though you’ll fund a separate Predicts wallet. I’m not a big fan of the visual design, and I miss having a dark mode, but those are personal tastes. The app itself is easy to understand and use.
FanDuel deserves credit for clarity. Every market lists its resolution terms and probability-based price, and the layout avoids clutter. Category tabs for sports, live events, financials, commodities and culture sit across the top of the home screen, which keeps navigation quick.
Fanatics Markets is a dedicated prediction app instead of a section inside the sportsbook, though the Fanatics One login makes switching between the two simple for existing customers.
Its design puts sports front and center, with league tabs along the top and more categories than FanDuel offers. The look closely resembles Kalshi, so anyone who has traded there will feel at home right away.
Both apps verify your identity and location before you can trade, so onboarding will feel familiar if you’ve used a licensed betting app before.
Deposits, Withdrawals, and Wallet Structure
FanDuel Predicts holds your money in its own custodial wallet, separate from FanDuel Sportsbook. Online bank transfers and debit cards are the core funding options, and FanDuel has added digital wallets and other options over time. Credit card deposits were dropped in March 2026. Withdrawals go out by bank transfer with a $10 minimum and usually take one to two business days.
Fanatics Markets offers a wider set of deposit choices: debit cards, ACH bank transfers, Apple Pay, PayPal, Venmo and wire transfers. Withdrawals are handled by ACH or debit card. That lineup is in line with what leading prediction markets offer.
Neither app is crypto-based, so there are no blockchain wallets or private keys to manage. Funding works like any other financial app, which keeps things simple for most users.
Security and Regulatory Environment
Both apps are regulated federally by the CFTC rather than by state gaming commissions. FanDuel Predicts lists its contracts on CME Group’s exchange, and Fanatics Markets clears through CDNA while it works toward owning its own exchange. Both build in identity checks, geolocation, anti-fraud systems and responsible gaming features.
FanDuel brings the credibility of one of the country’s biggest sportsbook brands, plus the backing of a major derivatives exchange. Fanatics is newer to betting but has expanded quickly and is investing in its own trading infrastructure.
Funds sit in custodial accounts on both apps, and disputes go through federally regulated channels. The legal fight between states and prediction market operators is still playing out in court, so state availability could change.
Pros and Cons: FanDuel Predicts vs. Fanatics Markets
FanDuel Predicts stands out for brand recognition, CME-backed infrastructure and a clean, easy-to-learn app, along with markets in nearly every state for non-sports contracts. On the downside, its fee applies to both entry and exit, and the design lacks a few quality-of-life features like dark mode.
Fanatics Markets wins on banking flexibility and app polish, with a Kalshi-style layout and a broad category list. It’s a natural fit for Fanatics customers who already use FanCash. The tradeoffs are a smaller state footprint, a 21+ age requirement and liquidity that’s still developing.
Which Platform Makes More Sense?
Already betting with FanDuel? Predicts is the easiest way into event contracts. Your login works right away, and the design will feel familiar.
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If you’re part of the Fanatics ecosystem, Fanatics Markets is the more natural pick, especially if you like earning FanCash or have used Kalshi before.
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Trade on Live Sports Markets, Major Events, Outcomes and MORE
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Under the hood, the two work almost the same way, with order-book event contracts led by sports. Your choice comes down mostly to brand loyalty, banking preferences and which app you find easier to use.
Final Verdict on Fanatics Markets vs. FanDuel Predicts
Neither app is built better than the other in any fundamental way, but these differences can help you decide where to trade:
- 🎯 Wide Category Lists on Both: Fanatics Markets covers sports, stocks, crypto, climate, tech, media and pop culture, while FanDuel Predicts lists sports, economics, politics, climate, tech and culture.
- 🏛️ CME Backing for FanDuel: FanDuel Predicts lists contracts on CME Group’s exchange, one of the largest derivatives marketplaces in the world.
- 🔁 An Exchange of Its Own for Fanatics: Fanatics’ agreement to purchase BGC Group’s exchange and clearing business points toward less reliance on outside partners.
- 💳 Flexible Deposits at Fanatics: Debit cards, ACH, Apple Pay, PayPal, Venmo and wire transfer give Fanatics Markets users plenty of ways to fund their accounts.
- 💰 FanCash for New Fanatics Users: New Fanatics Markets customers can earn up to $150 in FanCash, and FanDuel Predicts has its own welcome offer when you sign up through our links.
Fanatics Markets vs. FanDuel Predicts FAQ
These are the questions we hear most from traders comparing these two prediction markets from major sportsbook brands.
The biggest differences are the exchange behind each app and how you fund it. FanDuel Predicts lists contracts on CME Group’s exchange, while Fanatics Markets clears through Crypto.com | Derivatives North America and is buying its own exchange. Fanatics Markets also accepts more deposit methods, including PayPal, Venmo and Apple Pay.
Fanatics Markets lists slightly more categories, adding stocks, crypto, media and pop culture on top of sports, finance and politics. FanDuel Predicts also covers a wide range, including economics, companies, climate, tech and culture, along with its sports contracts.
On FanDuel Predicts, you pay 2% of the potential payout every time you buy or sell, including early exits. Fanatics Markets charges a small per-contract trading fee. Neither builds a sportsbook-style margin into the price.
Neither is clearly better built. FanDuel Predicts suits existing FanDuel customers who want a familiar, simple app, while Fanatics Markets fits Fanatics customers and traders who want more banking options and a Kalshi-style layout.
It depends on where you live. Both apps only offer sports contracts in states where their parent company does not run a licensed sportsbook. FanDuel Predicts lists sports contracts in 18 states, and non-sports markets are available more widely on both apps.
No. FanDuel Predicts is a separate app with its own wallet. You can log in with your existing FanDuel credentials, but you fund your Predicts balance separately from your sportsbook and casino balances.