DraftKings Predictions Review

DraftKings Predictions is a legal prediction markets app that allows users to take Yes/No positions on real-world outcomes through CFTC-regulated markets.

Although the user experience feels a lot like standard sports betting (complete with moneyline-style pricing info), DraftKings Predictions operates as a federally regulated platform and is available in far more states as a result.

Continue below for our comprehensive DraftKings Predictions review. In the following review, we explain how DraftKings Predictions works in simple terms, what types of bonuses to expect, and how it compares to other prediction market platforms like Kalshi and Polymarket.

Quick Facts:

• Launched: December 2025
• Platforms: iOS, Android, and Desktop
• Markets: Sports and economics (crypto, politics, entertainment, culture, global events, and other categories coming soon)
• Availability: 40+ jurisdictions

DraftKings Predictions States

One of the most important ways DraftKings Predictions differs from standard online sportsbooks is its regulatory status. DraftKings Predictions operates according to federal commodities law and under the oversight of the Commodity Futures Trading Commission (CFTC), not state-level gaming commissions.

As a result, DK Predictions is available nearly nationwide, even in states that haven’t yet legalized online sports betting. In many states, the DraftKings Prediction Markets app is a viable alternative to online sports betting.

Currently, DraftKings Predictions is available in:

Excluded states: Arizona, Arkansas, Illinois, Iowa, Maine, Montana, Nevada, New Hampshire, Ohio, Pennsylvania, Tennessee, Washington, and tribal lands in any state

Note: DraftKings Predictions does not offer sports-related event contracts in some states due to local regulations. However, it still offers trading on events in other categories (culture, economics, etc.) in those states.

DraftKings Predictions Promo Code

DraftKings Predictions Bonus Details

DraftKings Predictions welcomes new customers with a 100% first-trade match bonus.

If you’ve never signed up for a DraftKings Predictions account, you can get up to $25 in Predictions Dollars after completing your first trade.

You must opt in after signing up, but you do not need a promo code. After claiming the offer, DraftKings will automatically match your first trade amount with Predictions Dollars.

Here’s how to claim the offer:

• Visit predictions.draftkings.com
• Sign up for an account
• Make a first deposit of at least $5
• Visit the promotions tab or tap the notifications bell in the app and opt in
• Select an event and buy “Yes” or “No” contracts

Within 72 hours of completing your first trade, DraftKings will credit your account with up to $25 in Predictions Dollars.

Key Terms:

• This promo is open to new users only
• You must be 18+, physically present in and a resident of a state where DraftKings Predictions offers sports markets
• You must receive a notification or invitation to participate in this promotion
• Predictions Dollars are non-withdrawable, but any payouts you receive from trading them are withdrawable
• There are no limitations on the profits you can earn from trading with Predictions Dollars

How DraftKings Predictions Works

In simple terms, DraftKings Predictions is a platform where users try to predict the outcomes of future events for real-money payouts.

Unlike DraftKings Sportsbook, fans don’t place fixed-odds bets against the house. Instead, users trade “event contracts” with each other for real-money payouts.

The concept is similar to Kalshi, Polymarket, and other prediction markets: the market poses a yes/no question, and users trade “Yes” or “No” contracts.

Every real-money prediction spans four key concepts:

• Questions: DraftKings may create a market based on a question like “Will Movie X win the Oscar for Best Picture”?
• Contracts: Users buy “Yes” contracts if they think it will, and “No” contracts if they think it will not
• Prices: Contract prices range from $0.01 to $0.99 based on the market’s collective sentiment
• Payouts: If a user’s prediction is correct, their contracts settle at a value of $1.00 each. If their prediction is incorrect, their contracts settle at $0. Traders can also buy and sell shares before the event concludes.

One difference between DraftKings Predictions and some other prediction market platforms is that DK does not operate the underlying exchanges where trades actually occur. Technically, DraftKings is an Introducing Broker, while CFTC-registered third parties handle trade execution, clearing, and funds custody.

For a more detailed explanation of how prediction markets work, see our guide here:

• How Prediction Markets Work

DraftKings Predictions Fees

DraftKings Predictions charges a flat $0.01 fee per contract bought or sold ($0.02 round-trip).

DraftKings straightforward fee structure is a positive point, but it does not include any fees the underlying exchanges charge. See DraftKings’ fee disclosure for more.

For example, if you buy 100 YES contracts at $0.50, you’ll pay:

• $50 for the contracts (100 x $0.50)
• $1 in fees ($0.01 x 100)
• Total cost: $51 plus any exchange fees

If you later sell those contracts at $0.75, you’ll receive:

• $75 for the contracts (100 x $0.75)
• Minus $1 in fees ($0.01 x 100)
• Total received: $74 minus any exchange fees

Types of DraftKings Prediction Markets

DraftKings Predictions launched with a narrow set of sports and economic markets, with plans to roll out additional categories (culture, politics, elections, etc.) over time.

For now, active DraftKings Prediction Markets categories are limited to the absolute basics:

• Sports Prediction Markets: Contracts such as whether the Chargers will win Sunday’s game, which team will win the Stanley Cup, and the points total on tonight’s NBA matchup.
• Financial Markets & Economics: Contracts such as whether the Fed will raise interest rates at the next meeting, inflation rates, unemployment figures, and stock market indices (e.g., will the S&P 500 reach a certain level by a date).

Individual market categories also lack depth, even for the most prominent leagues, matchups, and events. For example, NFL markets are largely limited to point spreads, outright winners, and Super Bowl futures.

The current lineup is paltry compared to established prediction market platforms, especially in states that prohibit sports-related contracts. DraftKings Predictions users in some states are currently limited to Economics markets only.

However, DraftKings has publicly stated that its current offerings are only a starting point. In an early press release, DraftKings said it “has the flexibility to connect to multiple exchanges, enabling DraftKings to have one of the broadest suites of markets to its customers.”

The app’s official launch announcement also highlighted strategic relationships with partners like ESPN and NBCUniversal to offer “an authentic, real-time product that moves at the speed of sports.”

What those statements actually mean in practice remains unclear because DraftKings has not revealed concrete, specific details. Coming from anyone other than DraftKings (and perhaps FanDuel), such statements would hold little weight. Given DraftKings’ reputation, scale, and track record, it’s safe to assume that significant upgrades are in store.

DraftKings Predictions App Review

The DraftKings Predictions app (iOS/Android) is polished and reliable but basic. It builds on DraftKings’ sports betting experience and will look familiar to existing DK Sportsbook customers, both in design and layout.

By default, the DK Predictions app presents sports event contracts using moneyline-style pricing rather than traditional market prices or probability percentages.

These design choices indicate where DraftKings’ priorities lie: the app caters to sports bettors first, not financial traders. Customers with experience using prediction exchanges or trading stocks online may find the interface sparse, but sports bettors should feel right at home.

Although it functions well and executes trades smoothly, the DraftKings Markets app feels more like a beta testing platform than a finished product. The lack of an order book, pricing charts, social elements, and other features like personalized watchlists leave the app relatively limited compared to its established competitors.

However, given DraftKings’ history in sports betting and online gambling, the app will receive significant upgrades over time.

What it lacks:

• Order book and volume stats
• Price history
• Social features

What it does well:

• Simplifies event trading
• Provides an intuitive trading layout
• Looks and feels like sports betting

DraftKings Predictions Deposits and Withdrawals

DraftKings doesn’t yet support as many deposit methods for the Predictions app as it does for its online sportsbook, but the handful of options it does provide should cover most users’ needs:

Deposit Method	Fee	Processing Time
Debit Card	$0	Instant
Apple Pay (debit cards only)	$0	Instant
ACH Bank Transfer	$0	Instant
Wire Transfer	$0	Typically Same-Day

Notes:

• DraftKings Predictions has a $5 minimum deposit limit
• Users may deposit funds from personal accounts only; DK Predictions does not accept deposits originating from business accounts
• DK Predictions does not charge fees, but your bank or chosen deposit method platform may charge a separate fee

Withdrawal Methods

Customers may withdraw their funds via the same methods used to deposit. Generally, DraftKings Predictions supports fast processing times:

Withdrawal Method	Fee	Processing Time
Online Banking	$0	2-7 Business Days
Debit Card	$0	Up to 2 Business Days
Apple Pay	$0	Up to 2 Business Days
Wire Transfer	$0	Up to 2 Business Days

Notes:

• Withdrawals initiated shortly after depositing may take 2-4 business days
• DraftKings Predictions has a $1 minimum withdrawal limit

DraftKings Predictions Customer Support

DraftKings offers customer support through a central Help Center for all products, including Predictions. The Help Center routes users to a chatbot that’s helpful for resolving common issues quickly but annoying when you want to speak directly to a human as soon as possible.

Unfortunately, DraftKings does not offer a simple “call this number” option for customer inquiries. Instead, you’ll have to go through the chatbot, pick a category, and eventually select the “speak to a representative” option.

Doing so opens a support case, prompting a support rep to contact you at your registered email address.

The good news is that responses tend to be fast. In a test query, a support rep responded within two minutes, asked how they could help, and provided an answer six minutes after our response.

DraftKings Predictions Responsible Trading

DraftKings Predictions borrows heavily from its responsible gambling policies to support responsible trading. A “Responsible Trading” link on the website and an “RT” shield logo on the app give users one-click access to responsible trading tools and information at all times.

Inside the responsible trading area, customers can set custom deposit limits, initiate short-term cooling-off periods, self-exclude for longer durations (or permanently), and view a brief smart trading guide for tips and additional resources.

DraftKings Predictions FAQ

Final Thoughts: Is DraftKings Predictions Legit?

DraftKings Predictions is a legitimate, CFTC-regulated platform operated by an established brand name with an extensive track record.

Furthermore, DraftKings’ compliance-first approach (restricting sports event contracts in select states) and continued emphasis on responsible participation lend it additional credibility.

That said, DraftKings Predictions isn’t ideal for everyone. Casual bettors may miss the extensive parlays and granular prop bets traditional online sportsbooks offer, while experienced traders will likely find the interface overly simplistic. The lack of liquidity data and order book details are major misses, although there’s a good chance future updates will fill in those gaps.