DraftKings Predictions Review August 2026: Prediction Market Features, How It Works, & US Availability
Quick Take:
Sponsored by DraftKings — #DKPartner. This page contains affiliate links to DraftKings Predictions.
DraftKings Predictions is a CFTC-regulated peer-to-peer prediction market exchange that lets customers trade event contracts across sports, politics, economics, commodities, crypto, and other markets. DraftKings Predictions operates as an exchange where traders buy and sell “Yes” or “No” positions with one another, with prices set by trading activity and federal oversight from the Commodity Futures Trading Commission (CFTC).
Whether you’re new to prediction markets or an experienced trader interested in forecasting real-world events, DraftKings Predictions offers a way to trade on event outcomes. In this review, I examine how DraftKings Predictions works, its available prediction markets, fees, state-by-state availability, regulatory framework, safety measures, and my overall experience using the platform.
T&Cs Apply. View full offer terms before trading. Full disclaimer here: Event Contract Trading is offered by DraftKings Predictions, a CFTC-registered Introducing Broker and NFA member. Trading involves substantial risk of loss and is not suitable for everyone. Market availability varies. Eligibility restrictions apply. 1 per new DraftKings customer. $5+ first-time trade req. Max. $150 issued as non-withdrawable Predictions Dollars that expire in 1 year. Reward issued as $50 in Predictions Dollars every 7 days via click-to-claim for 14 days. Click-to-claims expire 7 days after issuance. 7 days = 168hrs. Terms: dkng.co/predictionspromo. Ends 8/23/26 at 11:59 PM ET. Sponsored by DK.
Must be 18+, a new DraftKings customer, and physically located in an eligible state. The $150 in Predictions Dollars is paid over 14 days, with $50 issued every 7 days.
Read more DraftKings Predictions at a Glance
| Regulatory Status | Federal oversight by the Commodity Futures Trading Commission (CFTC) & the National Futures Association (NFA) |
|---|---|
| Platform Type | Peer-to-Peer exchange for Prediction Markets. |
| Available Markets | Sports, Stock Market, Economics, Cryptocurrency (Bitcoin, Ethereum) Prices |
| Trading Fee | $0.01 - $0.02 per contract transaction |
| Minimum Trade | $0.10 for single event contracts |
| Payment Methods | Debit card (Visa, Mastercard), PayPal, Venmo, Apple Pay, and Online Banking (ACH) |
| Mobile App | Yes (iOS & Android) |
| Current Promotion | Trade $5, Get $150 in Predictions Dollars (Paid Within 14 Days) |
| Trust Score | 3.2/5 |
Pros & Cons of DraftKings Predictions
Pros
- Fully regulated by the CFTC
- Mobile app (iOS/Android)
- Small contract fees ($0.01-$0.02)
- Welcome Offer Available (Trade $5, Get $150 in Predictions Dollars, Paid Within 14 Days)
Cons
- Sports markets unavailable in several highly populated states
Platform Overview: What Is DraftKings Predictions?
DraftKings Predictions offers select prediction markets to trade on, depending on your physical location. Available markets and payment methods vary by location. Let’s dive into each of these available prediction markets and explore the types of event contracts, typical resolution timelines, market variety, liquidity depth, and which type of trader should enter each of these prediction markets.
Markets Available on DraftKings Predictions
DraftKings Predictions offers select prediction markets to trade on, depending on your physical location. Let’s dive into each of these available prediction markets and explore the types of event contracts, typical resolution timelines, market variety, liquidity depth, and which type of trader should enter each of these prediction markets.
Sports
Sports markets are the centerpiece of DraftKings Predictions, offering event contracts on game winners, margins, totals, player performance, and season-long outcomes. Unlike most prediction market platforms, DraftKings displays contract pricing in an American-style format.
Sports contracts resolve once the underlying event concludes and official results are confirmed according to the contract’s settlement rules. Resolution timing varies by event and market.
This category is best suited for traders who follow sports closely and want a federally regulated prediction market with a familiar pricing format.
Stock Market
DraftKings Predictions offers event contracts tied to financial markets. The S&P 500 and Nasdaq are the only open markets I found when searching Stock Markets, with most event contracts tailored toward CME E-mini S&P 500 futures (Sep) on an hourly basis (10am ET, 11am ET, etc.). Yes/No options were on Above $7,225.00 or more, scaling in increments of $10 to $25.
Since this market directly follows the stock market exchange, you can trade hourly contracts and standard daily contracts on DraftKings Predictions. Nearly all stock market event contracts will close and resolve on the same day, due to its regulatory oversight from the CFTC.
You can sell your “Yes” or “No” contract back into the market throughout the day if market prices move in your favor, or, hold the contract until it expires. You’ll know whether it’s correct or incorrect based on whether it settles at $1.00 or $0.00 once the time block has passed.
If you’re a day trader or have experience playing the stock market on either the S&P 500 or Nasdaq, this market may be of interest, although the American-style pricing attached to a Yes or No contract is unique. There is also low liquidity in most stock market event contracts.
Economics
When I jumped into the Economics market on DraftKings Predictions, I only saw two events available to trade on. One of these, the Gross Domestic Product (GDP) for Q2 2026 had all of its contracts locked out, while ECB (European Central Bank) Interest Rates in Jul 2026 had four of five active event contracts.
You can imagine that the liquidity depth in this niche market is just as limited compared to Sports markets and Stock Market. There aren’t many new markets added here since I’ve been a registered customer, although if you do place an order on an event contract, DraftKings Predictions states it will settle once it can verify the status of the data, usually in less than 24 hours. Economics contracts settle after the relevant economic data or policy decision is officially released and verified according to the contract rules.
This category is best suited for traders who closely follow economic data releases and monetary policy developments.
Crypto
DraftKings Predictions currently offers cryptocurrency-focused event contracts centered on Bitcoin and Ethereum price movements. Event contracts include “Bitcoin Price at the End of 2026”, with dozens of “Yes” and “No” options in each specific event. Markets usually ask whether a cryptocurrency will trade above or below a specified price level by a future date.
Settlement occurs once the designated price measurement date is reached and the underlying market data is verified. Contract durations can range from short-term forecasts to longer-term annual predictions.
This category is best suited for users who want exposure to cryptocurrency price speculation without directly buying, holding, or transferring digital assets.
Commodities
Commodity markets on DraftKings Predictions include assets such as crude oil, natural gas, gold, silver, and copper. Contracts typically revolve around whether futures prices will finish above or below specified levels during hourly or daily settlement periods.
Commodities contracts settle based on the timing and reference values outlined in the individual contract specifications. Liquidity generally varies based on the underlying commodity and market interest.
This category is best suited for traders who follow energy and metals markets and want short-term exposure to commodity price movements.
Politics
Political markets allow customers to trade contracts tied to elections, nominations, and other government-related outcomes. Available markets include U.S. presidential elections, governor races, congressional contests, and select international political events like the Brazil Presidential Election. Under Presidential Election, I found event contracts including Democratic Presidential Nominee 2028, with contracts listed for more than a dozen candidates. Market prices reflect the likelihood of each outcome occurring.
Unlike sports markets, political contracts often remain open for months or even years before reaching resolution typically until the relevant election, nomination, or political outcome is officially determined under the contract’s settlement rules. New markets are typically added around major election cycles and political developments.
This category is best suited for traders with strong views on political events who are comfortable holding longer-term positions.
Culture
Trade contracts in DraftKings Predictions’ Culture market feature three total event contracts under TIME, Music, and Video Games. For TIME’s Person of the Year 2026, contracts are listed for a range of public figures, with market prices reflecting the likelihood of each outcome occurring.
Most contracts settle when an official winner, recipient, or outcome is publicly announced. Market volume tends to be lighter than sports or financial categories, resulting in fewer available contracts.
This category is best suited for traders who follow popular culture and want exposure to unique event-driven markets that aren’t available through traditional financial products.
How Trading Works on DraftKings Predictions
Each predictions market operator has a similar function but a specific mechanic for how it permits trading on its platform. I’ll walk you through exactly how trading works on DraftKings Predictions to provide insight and clarity into this process.
No matter which market you’re trading in on DraftKings Predictions, you’ll be dealing with binary “Yes” “No” event contracts. Every contract is priced between $0.01 and $0.99, settling at either $1.00 or $0.00 depending on the outcome.
Since DraftKings Predictions is a peer-to-peer exchange, the pricing is fully determined by the liquidity between buyers and sellers. Prices are determined by supply and demand between traders rather than set by an operator.
To buy a Yes or No position on an event contract, you can simply tap on the side you want to place an order on, which populates your trade slip. Type in the amount you’d like to buy, and your full payout, including the amount you paid, will be displayed.
Unlike other prediction market operators, DraftKings Predictions displays its ‘Yes’ and ‘No’ contract pricing in an American-style format. The trade slip shows the amount you pay and the total payout if the contract settles in your favor. Returns vary based on market pricing and event outcomes. DraftKings Predictions does not currently display a per-cent rate.
There are no limit orders available on DraftKings Predictions, meaning it exclusively features market orders, allowing you to instantly buy or sell event contracts based on the latest market spread. No custom orders can be bought or sold to match at this time.
An event contract settles via market resolution once DraftKings Predictions can verify its data for a particular event. However, a lot of traders will sell their contract before it resolves, if market prices move for or against their position. Returns vary based on market pricing and event outcomes.
Fees and Pricing for DraftKings Predictions
This brings us into the fees and pricing on event contracts for DraftKings Predictions. It’s a tiered fee structure that varies between $0.01 to $0.02 per event contract, acting as a flat commission, regardless of whether you buy or sell.
Each transaction that you make on DraftKings Predictions has a fee attached for each individual event contract, sitting at $0.01 for contracts priced between $0.01 and $0.19 and $0.97 to $0.99. If your event contract is priced between $0.20 to $0.96, there is a $0.02 fee charged per dollar bought or sold.
So, if you purchase $100 worth of contracts priced in the $0.20–$0.96 range, you’ll be charged $0.02 per dollar. This means your trade order will cost $102 with an additional $2.00 in fees tacked on.
You won’t have to worry about maker/taker fees on DraftKings Predictions, since limit orders aren’t available. The same goes for settlement fees, which do not get enforced right now.
When you make a deposit or withdraw from your DraftKings Predictions account, no matter which payment method you use, there are no fees charged with either transaction.
How to Sign Up and Get Verified on DraftKings Predictions
Signing up and getting verified on DraftKings Predictions can be completed in a few easy steps. I’ll walk you through this process.
Visit DraftKings Predictions
Go to the DraftKings Predictions website.
Register
If you have an active DraftKings Sportsbook, DraftKings Casino, or DraftKings Sports and Casino app account, you do not need to register a new account to access DraftKings Predictions. If you’re new to the DraftKings platform, you’ll need to provide personal identifying information, such as your name, email address, mailing address, DOB, and the last four digits of your SSN.
Verification
Further verification is required before you can trade on DraftKings Predictions. Provide a government-issued photo ID (driver’s license, passport, etc.) and proof of address (statement, bill, etc.) to satisfy Know Your Customer (KYC) verification requirements. KYC verification can be completed in less than a minute, or take up to 48 hours, depending largely on your uploaded documents.
Fund Your Account
Your DraftKings Predictions account will be ready to fund and trade immediately upon completing KYC verification. No promo code is required to enter during sign-up on DraftKings Predictions.
Deposits, Withdrawals and Payment Methods
Here is a table showing the payment methods available for deposits and withdrawals when trading on DraftKings Predictions. Note that payment methods may vary by location.
| Method | Deposit Fee | Withdrawal Fee | Deposit Speed | Withdrawal Speed | Daily Limits |
|---|---|---|---|---|---|
| Debit Card (Visa, Mastercard) | $0.00 | $0.00 | Instant | Up to 24 hours | $25,000/transaction |
| Apple Pay | $0.00 | $0.00 | Instantly | Up to 1 business day | $25,000/transaction |
| PayPal | $0.00 | $0.00 | Instantly | Up to 2 business days | $60,000/transaction |
| Venmo | $0.00 | $0.00 | Instantly | Up to 2 business days | $20,000/transaction |
| Online Banking (ACH) | $0.00 | $0.00 | May take up to 3 business days for funds to be withdrawn from your bank account. | Up to 5 business days | $100,000/transaction |
Deposit Options
Let’s run through the payment methods available for deposit options on DraftKings Predictions. Note, you must deposit with a preferred payment method before it can be used for withdrawal.
Most primary payment methods are available to DraftKings Predictions customers when it comes to making a deposit. This includes debit card, restricted to Mastercard and Visa, while e-wallet options like Apple Pay, PayPal, and Venmo are all supported. You can also link your online bank via ACH, although it may take up to 3 business days to show funds withdrawn from your account.
The good news is that you won’t incur any deposit fees for any of these deposit options on DraftKings Predictions.
Withdrawal Process
Remember, in order to make a withdrawal request on DraftKings Predictions, you must use your preferred payment method for a deposit to become a valid and accessible withdrawal option.
DraftKings Predictions typically processes withdrawal requests between 1-2 business days. The quickest processing time is attached to e-wallets, like ApplePay, although debit card withdrawal tends to clear within 24 hours. Online bank transfers via ACH can take up to five business days.
Hold periods will be triggered when you either have unsettled funds from an open trade order, not satisfying applicable trading requirements, failure to complete KYC verification, or if you attempt to withdraw right after making a deposit. This latter scenario can result in a withdrawal request being put on hold for up to 4 business days.
Platform and App Experience
Desktop Experience
My experience on DraftKings Predictions desktop was a bit underwhelming. It limited my access to certain markets, which may be due to my location in a partially restricted state. However, the familiar user interface, paired with green and black themes, created an enjoyable and familiar navigation similar to exploring other DraftKings products.
There is virtually no visibility into the order book on DraftKings Predictions’ desktop platform. Clicking on the menu bar icon in the upper-left hand corner of the screen did populate the My Trades hub, which was seemingly the only way to find my Open and Settled trades.
When I manually searched for markets on desktop, I found way more markets at my disposal than when I click on the “Explore Markets” tab in the “My Trades” section. While this was a pleasant surprise, the inconsistency for markets populating in one central location was definitely frustrating.
Mobile App
I downloaded the DraftKings Predictions mobile app onto my iOS device from the App Store. It’s leagues above the desktop version, primarily due to better visibility for all of its available trading markets.
The navigation bar along the bottom of the screen helps centralize the platform, with Home, Search, My Trades, and Rewards tabs cleanly presented. It took me seconds to scroll through the Home tab and locate new trading markets that didn’t show up on desktop, like Crypto, Commodities, Politics, Culture, and Business. Even the same market had different events, like Economics, which only gave me US Recession in 2026 on mobile.
I still didn’t like the overall lack of transparency when it comes to showing how many traders and trades are being bought and sold in specific markets and event contracts. I understand that there limit orders and strictly market order availability factors into this build, but more visibility into these metrics would be a nice feature on DraftKings Predictions’ mobile app.
Safety, Regulation and Trust
Customer funds are held in segregated accounts to protect from fraud and separate it from DraftKings Predictions’ own monetary valuation. Event contracts are priced from $0.01 to $0.99, so the most you can lose on a position is the amount you paid for the contract plus the $0.01–$0.02 per-contract fee. Trading involves risk.
KYC (Know Your Customer) is mandatory to complete before any deposit or withdrawal transactions can be made on DraftKings Predictions. This means you’ll have to verify your identity, which includes uploading a government-issued photo ID and a statement or bill to show proof of address.
Geographic Restrictions
| All Markets Available | Financial Markets Only | Sports Markets Unavailable | No Markets Available |
|---|---|---|---|
| Alabama, Alaska, California, Delaware, Florida, Georgia, Hawaii, Idaho, Minnesota, Nebraska, New Mexico, North Dakota, Oklahoma, Rhode Island, South Carolina, South Dakota, Texas, Utah | Arizona, Arkansas, Connecticut, Iowa, Louisiana, Michigan, Montana, Nevada, Ohio, Pennsylvania, Tennessee, Washington | Colorado, Illinois, Indiana, Kansas, Kentucky, Louisiana, Mississippi, Missouri, New York, North Carolina, Oregon, South Carolina, Tennessee, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | New Hampshire and Maine |
Table verified August 2026
Bonuses and Promotions on DraftKings Predictions
The latest promotional sign-up offer on DraftKings Predictions is Trade $5, Get $150 in Bonuses (Paid Within 14 Days), open to new DraftKings customers. The $150 is issued as $50 in Predictions Dollars every 7 days over 14 days.
To claim this welcome offer, simply click on our sign-up link here, register a new DraftKings Predictions account, and make a $5+ initial deposit to trade an event contract of $5+ to unlock $150 in Predictions Dollars, issued as $50 every 7 days via click-to-claim for 14 days. Must be at least 18 years old, a new DraftKings customer, and physically located in an eligible state. The $150 in Predictions Dollars is paid over 14 days, with $50 issued every 7 days.
DraftKings Predictions vs Competitors
Sign up Bonus | NA | 1,000 Novig Coins + 5 Novig Cash | ||
Deposit Purchase Bonus | Trade $5, Get $150 in Bonuses | Deposit $20, Get $50 Trading Bonus | Get $10 | Get a 10% discount on your first purchase (up to $100) |
App Store Rating | 4.8/ 5 | 4.6/ 5 | 4.8/ 5 | 4.8/ 5 |
Google Play Rating | 4.6/ 5 | 2.3/ 5 | 4.8/ 5 | 3.4/ 5 |
Best Alternatives to DraftKings Predictions
Novig
Novig is a prime destination for traders looking to leverage sports markets with the ability to customize their own trades with limit orders. It’s different from DraftKings Predictions, since there are no event contract fees, and Novig steps in with a 1-4 percent bump on spreads with low market liquidity.
Polymarket
Polymarket has every single trading market under the sun. This includes sports markets. Limit orders are accepted and encouraged on its platform, so you can trade on your exact price if it’s matched by another trader, whether you’re a buyer or a seller in a particular market. Cryptocurrency is also an accepted payment method.
Kalshi
Kalshi is similar to Polymarket, although some of its markets are a bit less extensive, including politics, culture, and finance. If you’re looking to trade on sports, there are plenty of sports markets available on Kalshi. Note that event contract fees are higher on Kalshi, starting at $0.07 compared to $0.01 or $0.02 on DraftKings Predictions. Cryptocurrency is an accepted payment method and can be traded on Kalshi.
Final Verdict
Federally regulated by the CFTC, DraftKings Predictions’ American-style pricing format on all of its binary event contracts helps casual or new traders ease into the process of buying and selling trade orders. Contract fees don’t go above $0.02 per dollar bought or sold.
The main concerns with DraftKings Predictions center on its low market liquidity and lack of limit orders. Since you cannot customize trades to get a match as a buyer or seller, you’re forced to take the best available market price, although it is set by other traders on this peer-to-peer exchange.
If you’re looking to make a jump into prediction markets, DraftKings Predictions is a strong operator to consider joining. It has expanded its market diversity since launching, and has low contract fees, while displaying its “Yes” and “No” event contracts in a familiar pricing format for customers who are new to trading.
Responsible Trading: Trading event contracts involves risk, including the risk of losing the full amount paid for a contract. DraftKings Predictions provides in-app tools including deposit limits, cooling-off periods and self-exclusion.
DraftKings Predictions FAQ
Yes, DraftKings Predictions is legit. It’s regulated by the U.S. Commodity Futures Trading Commission (CFTC) and functions as a peer-to-peer exchange prediction market. Its service is conducted by GUS III LLC, acting as a CFTC broker, which helped launch this platform in December 2025.
Since DraftKings Predictions is a regulated prediction market platform, it has federal oversight from the CFTC that regulates event contracts. It segregates accounts by separating customer funds from DraftKings Predictions’ own capital to comply with CFTC regulations.
Customers can also set self-imposed limits and review their trading activity based on settled contracts. Finally, through Know Your Customer (KYC) verification, DraftKings Predictions enforces this process that requires key information like residential address, date of birth, social security number, a valid government-issued ID, and proof of address.
DraftKings Predictions is a federally regulated prediction market, not a sportsbook. Trading event contracts on “Yes” or “No” outcomes is classified as derivatives. You’re participating in a peer-to-peer exchange while buying and selling contracts, overseen on a federal level through a CFTC regulatory framework.
The minimum deposit you can make is currently set to $5 on DraftKings Predictions.
No, you cannot use DraftKings Predictions outside of the U.S. It’s exclusively available in select U.S. states and operates under CFTC and NFA regulation.
Yes, you can download the DraftKings Predictions mobile app onto any iOS or Android mobile device from either the App Store or Google Play. You can also trade on DraftKings Predictions via desktop web browser.
You can withdraw money from your DraftKings Predictions account using a debit card (Visa, Mastercard), e-wallets like PayPal, Venmo, and Apple Pay, as well as with online banking and bank transfers. Processing times vary based on the withdrawal method, ranging from instantly to up to five business days with an ACH online bank transfer. No credit cards are permitted. Payment methods vary by location.
No, DraftKings Predictions does not offer a demo account for customers to trade on. However, new DraftKings customers qualify for the current welcome offer: Trade $5, Get $150 in Bonuses (Paid Within 14 Days). The $150 is issued as $50 in Predictions Dollars every 7 days over 14 days.
