Choosing between DraftKings Predict and FanDuel Predicts isn’t easy. The two platforms are very similar, but differences in market variety, pricing, and usability can help make the decision.
This comparison breaks down the differences so you can confidently choose one platform over the other. If you’d rather compare more options before narrowing your choice, explore our full prediction markets hub to see how the top prediction market platforms compare with one another.
For more advanced users, DraftKings Predictions will be the better of the two platforms. It offers a more complete product, desktop availability, and stronger features tailored for those seeking a comprehensive prediction platform.
DraftKings Predictions is perfect for: Frequent traders, those who prefer advanced trading features, and current DraftKings users looking to keep their accounts streamlined.
FanDuel Predicts, in contrast, is better suited to: Casual users and those looking to get started with prediction markets. It’s also fantastic for those who already use FanDuel, allowing them to start event trading without needing to learn a new platform.
The biggest differentiator between the two: The usability that each platform offers. Whilst FanDuel focuses on familiarity for the casual user, DraftKings Predictions is moving faster toward a more distinct, proprietary exchange experience.
If you’re new to Prediction Markets, go for FanDuel. If you’re an experienced trader or are looking for more advanced features, choose DraftKings.
Regulatory Status | CFTC-regulated and a member of the National Futures Association (NFA). | CFTC-regulated and a member of the National Futures Association (NFA). |
US Availability | Not available in Maine (ME), New Hampshire (NH), and Tribal Lands | All 50 states (markets vary by state) |
Market Categories | Sports, Crypto, Stock Market, Commodities, Politics, Culture, Business, Economics Not all markets are available in all states | Financial (S&P 500, Nasdaq-100, gold, oil, crypto, CPI, GDP) in all 50 states; sports (match outcomes, futures, live in-play) in 18 states; culture |
Trading Fee | CDNA Markets and DKeX Markets Event Contract: ● $0.01 for contracts priced from $0.01 – $0.19 ● $0.02 for contracts priced from $0.20 – $0.96 ● $0.01 for contracts priced from $0.97 – $0.99 CME Markets Event Contract: ● $0.02 per contract, per side (i.e., opening or closing a position) | 2% transaction fee (of your potential payout) included at checkout. |
Minimum Trade | No explicit minimum trade amount | No explicit minimum trade amount |
Crypto Required | No | No |
Payment Methods | Debit Cards (VISA + Mastercard), ACH (Online Banking), Apple Pay (debit card only), Venmo, PayPal | Standard bank transfer (ACH), Instant bank transfer, Debit Card, Wire Transfer |
Withdrawal Speed | 1 Hour to 3 business days | 1 Hour to 3 business days |
Mobile App | iOS + Android | iOS + Android |
Tax Reporting (1099) | Tax documentation provided where required under US regulations | Contracts treated as derivatives; profits may qualify for 60/40 capital gains treatment; FanDuel issues 1099-B or 1099-MISC at $600+ |
Current Promotion | Spend $5, Get $25 Instantly in Predictions Dollars | $25 Predicts Bonus for new users who deposit and place any trade (valid through July 20, 2026; 18-state eligibility) |
Best For | Active traders and users wanting deeper exchange functionality | Casual traders, users prioritizing simplicity |
For a full review of each platform, see our DraftKings Predictions review and FanDuel Predicts review.
DraftKings Predictions and FanDuel Predicts may be similar in a lot of ways – but it’s the differences that are most important. Find the key differences between the platforms in the bullets below:
Most users will find little difference in regulation, since both platforms operate within the same event-contract framework and face similar regulatory limits. Both DraftKings Predictions and FanDuel Predicts are members of the National Futures Association (NFA) and are regulated by the Commodity Futures Trading Commission (CFTC). The more important factor is whether either platform is available in your state when you sign up, as eligibility may change as prediction markets grow.
Both platforms cover major categories, including sports, politics, economics, entertainment, and current events. The key difference is market depth–DraftKings Predictions offers a more extensive, exchange-style platform with more markets added over time, while FanDuel Predicts focuses on ease of use with a simpler contract selection.
Casual users likely won’t notice fee differences, but active traders must watch each platform’s pricing and spreads. DraftKings Predictions uses a variable fee based on contract size (peaking at $0.02 for contracts priced from $0.20 – $0.96), while FanDuel Predicts charges a flat 2%. Small transaction cost differences can impact profits for frequent or large traders.
FanDuel Predicts is an app-only platform, so users access markets only on mobile. DraftKings Predictions can be used on desktop or mobile. Neither platform requires a crypto wallet or blockchain knowledge, making onboarding easier than in crypto-native markets. Existing customers will find account setup quickest within their current sportsbook ecosystem.
DraftKings Predict benefits from the expanding DraftKings ecosystem, while FanDuel Predicts integrates with the broader FanDuel experience. DraftKings aims to build a more differentiated prediction market with exchange features, whereas FanDuel prioritizes simplicity for mainstream users.
Market selection clearly distinguishes DraftKings Predictions from FanDuel Predicts.
Although both platforms include the main categories users anticipate, their contract offerings differ in depth, frequency, and range – particularly outside popular sports and trending topics.
DraftKings Predictions provides one of the widest selections of markets among sportsbook prediction platforms, covering the following areas:
Sports remain the main focus, covering US leagues and international events, including Tennis, the World Cup, and Formula 1. Financial markets are broader, offering contracts across various categories, including crypto, stocks, and commodities.
Business markets tend to focus on IPOs and company size, with questions such as “Largest Company end of June 2026?” These markets cater more to users interested in corporate news and broader market trends than to short-term, sports-style event trading.
DraftKings is also exploring specialized contracts, such as player-specific sports-event contracts, beyond traditional outcomes. Not all markets are available in all states.
FanDuel Predicts adopts a more targeted strategy, concentrating on the categories with the highest engagement:
Sports continues to be the core product, focusing on popular leagues and headline events rather than niche markets.
Financial and economic markets track asset price movements, while crypto contracts provide exposure to major coins without requiring users to open external wallets or exchanges. These categories target users interested in trading based on overall market sentiment and economic results, without engaging in traditional investing or crypto platforms.
Compared with DraftKings, the catalog is more curated and generally prioritizes straightforward market selection over sheer volume. As with DraftKings Predictions, availability and category access vary by state.
DraftKings Predictions offers a wider range of categories and greater depth within those areas, making it a better option for users interested in variety or trading beyond sports.
Its biggest strength compared to FanDuel Predicts lies in its variety of financial-style markets, where its coverage of crypto, stocks, commodities, business, and economics is significantly broader.
In sports, both platforms primarily focus on the major leagues that generate the most trading activity. However, DraftKings Predictions’ expansion plans involve more specialized sports contracts and player-specific markets rather than simply mirroring league coverage.
FanDuel Predicts remains a strong choice for mainstream users, as liquidity tends to be concentrated in major sports and headline markets, rather than in niche contracts.
DraftKings Predictions uses a transparent fee structure with fees applied to both the purchase and sale of contracts.
CDNA Markets and DKeX Markets Event Contract fees are as follows:
CME Markets Event Contract fees are as follows:
Worked example at a $0.50 contract price:
Assume you buy 20 contracts at $0.50 on a CDNA or DKeX market.
If you later sell all 20 contracts, the same $0.40 closing fee applies. That means the full round-trip trading cost would be $0.80, excluding any gain or loss from contract movement.
FanDuel keeps fee charging simple and transparent–a flat 2% transaction fee is applied at checkout based on your potential payout.
The FanDuel platform includes the fee in any spending–when a dollar amount is entered at checkout, that value becomes the maximum spending limit. FanDuel applies a 2% charge to the potential payout, and the order size is adjusted based on the average position price to keep your total cost within the amount you entered.
Worked example at a $0.50 contract price:
Assume you enter a total spend of $10 and that contracts are priced at $0.50 each.
In practice, FanDuel slightly reduces the position size rather than charging more than the amount you entered, which makes total costs predictable and easy for casual users to understand.
FanDuel Predicts is generally slightly cheaper for typical trades due to its gently scaling 2% fee and the absence of a per-contract charge on both sides. DraftKings can be cheaper for small or low-priced contracts, especially under $0.20 in CDNA/DKeX markets, with a $0.01 per-contract fee.
As position sizes or trading frequency increase, FanDuel’s percentage fee may become more costly than DraftKings’ fixed per-contract fee. For most users, the fee difference is marginal and affects only high-volume or active traders.
Both DraftKings Predictions and FanDuel Predicts run limited-time promos for new users, with availability, value, and eligibility varying by location and account. The table below compares current offers:
| Platform | Offer | How to Claim | Eligibility | Conditions |
|---|---|---|---|---|
| DraftKings Predictions | Spend $5, Get $25 Instantly in Predictions Dollars | Making a first trade for $5+ | Not available in Maine (ME), New Hampshire (NH), and Tribal Lands | The first trade must be at least $5 to receive $50 in Predictions Dollars instantly, with the remaining $150 paid over 21 Days. |
| FanDuel Predicts | $25 Bonus on Sign Up! | Bonus on Sign Up | AL, AK, CA, DE, FL, GA, HI, ID, MN, NE, NM, ND, OK, RI, SC, SD, TX, UT | No Promo Code Needed |
For most users, promotions should be seen as a minor perk rather than the main reason for choosing between the two platforms.
User experience sets DraftKings Predictions apart from FanDuel Predicts, particularly for newcomers. While both platforms aim to introduce sportsbook users to prediction markets, they differ in their interfaces, navigation, and onboarding processes.
DraftKings Predictions is integrated directly into the broader DraftKings platform, allowing users to log in with their existing DraftKings account and access prediction markets through a familiar sportsbook-style interface.
The web-based version is super intuitive, with markets organized by category in a left-hand navigation menu. Individual events feature a range of open contracts with live pricing and a trade slip that clearly conveys purchase information.
DraftKings is also available on mobile, both in-browser and via a downloadable app, on iOS and Android devices.
The DraftKings Predictions mobile app is highly rated by its users. On the Google Play Store, the app is rated 4.6 stars based on 295+ reviews, whilst on the Apple App Store, it has an average rating of 4.8 stars from 3,300+ reviews.
DraftKings offers a mobile experience that closely mirrors the desktop version, with full market browsing, order placement, and portfolio management. Its layout is optimized for small screens, with collapsible categories and simplified contract views, yet users still have full access to all core trading features, not a stripped-down “lite” version.
Overall, the app provides a seamless trading experience for active users on the move.
FanDuel Predicts is currently accessible exclusively via the FanDuel mobile app, with no dedicated desktop interface. This immediately disadvantages the platform compared to DraftKings Predictions, especially for those who prefer the larger screen that desktop trading offers.
The FanDuel Prediction Markets app has a rating of 4.6 stars from 1,300+ ratings on the Google Play Store and an average of 4.8 stars from 5,800+ ratings on the Apple App Store.
Markets are displayed in a straightforward feed format, with categories such as sports and finance organized into broad sections. Contract selection is simplified with fewer on-screen controls than at DraftKings, making it easier for first-time users but limiting extensive browsing.
As FanDuel Predicts is integrated into the wider FanDuel ecosystem, users with an existing account can access Predicts without needing new credentials. This is fantastic for those with an existing account and dramatically streamlines the onboarding process compared to standalone platforms.
For a first-time user, FanDuel Predicts is the easier of the two platforms to get started with. The mobile-only product is highly streamlined and, if a FanDuel account is already held, does not require users to re-onboard.
DraftKings Predictions is better suited to more experienced traders or to those seeking deeper market depth, a fuller desktop-style interface, and more control over order entry and portfolio tracking. It is a much more complete product – but this will only suit those looking to spend the time learning the prediction platform.
Overall, FanDuel wins on simplicity and onboarding friction, while DraftKings offers more functionality and flexibility for active or high-frequency traders.
| Feature | DraftKings Predictions | FanDuel Predicts |
|---|---|---|
| Accepted Payment Methods | Debit Cards (VISA + Mastercard), ACH (Online Banking), Apple Pay (debit card only), Venmo, PayPal | Standard bank transfer (ACH), Instant bank transfer, Wire Transfer |
| Minimum Deposit | $5 | $5 |
| Maximum Deposit | Not publicly listed | Not publicly listed |
| Withdrawal Methods | ACH bank transfer, debit card, PayPal, Venmo, crypto, wire transfer | ACH bank account, debit card (Apple Pay only via linked debit/bank) |
| Typical Withdrawal Speed | 1 Hour to 3 business days | 1 Hour to 3 business days |
| Withdrawal Fee | No fees are publicly listed | Method dependent. Instant bank transfer / Debit Card Transfer: 1.75% (min $1, max $150). Wire transfer: $25 per wire. |
| Hold Period After First Deposit | A standard security hold may apply before the initial withdrawal. | A standard security hold may apply before the initial withdrawal. |
Both DraftKings Predictions and FanDuel Predicts use fiat channels for deposits and withdrawals, so neither supports crypto transactions. This simplifies onboarding but prevents funding with USDC, wallets, or blockchain transfers, unlike decentralized markets.
Withdrawal times are similar on both, but the first may be longer due to mandatory KYC. This can cause delays after initial deposits or trades while documents are reviewed.
Users might also face security holds after making deposits, especially for new accounts or large transactions. These holds are common and can delay early access to funds.
Both DraftKings Predictions and FanDuel Predicts operate within established US-regulated ecosystems. The pair are both regulated by the Commodity Futures Trading Commission (CFTC) and members of the National Futures Association (NFA).
CFTC regulation means the platform operates under formal US financial oversight, which imposes strict rules on market integrity and the handling of customer funds. In practice, this provides stronger protection because user balances must be held in segregated accounts rather than used for company operations. This offers significant advantages over unregulated, offshore, and crypto-native prediction markets.
Mandatory KYC checks are also enforced under CFTC regulation, helping to reduce fraud and ensure markets operate under defined legal standards. Verification involves submitting personal details along with a government-issued ID, such as a passport or driver’s license, and, in some cases, a selfie or a liveness check to verify identity.
Verification is typically conducted when creating an account, but additional checks may occur later, such as when you make your first withdrawal or if your activity exceeds certain limits. Both platforms also verify age and location to confirm that users are in eligible states and at least 18 years old.
| State/Region | DraftKings Predictions | FanDuel Predicts |
|---|---|---|
| Any Restricted States | Not available in Maine (ME), New Hampshire (NH), and Tribal Lands | No |
| Available nationwide | Yes | Yes |
Table last updated: July 2026
Kalshi is a CFTC-regulated prediction market exchange that offers contracts on topics such as politics, sports, culture, crypto, commodities, climate, and more.
Unlike DraftKings and FanDuel, Kalshi focused on regulated US event trading, functioning as a standalone, financial-style exchange. It is not a casino or sportsbook with a prediction-market add-on–its entire focus is on the contract-market platform.
The platform is ideal for users seeking a more “pure” prediction market experience. It benefits from federal oversight, transparent contract structures, and access to diverse markets driven by political, economic, and other factors–it is not primarily based on sports.
Polymarket is a decentralized prediction market platform built on cryptocurrency infrastructure, so it is not CFTC-regulated.
The platform lets users trade event outcomes using USDC via a connected crypto wallet. It eliminates traditional account registration and instead relies on blockchain-based trading and wallet custody.
This platform is ideal for users familiar with crypto wallets who are interested in trading event contracts beyond the limitations of US-regulated sportsbooks. The unique selling point of Polymarket is, of course, its crypto compatibility, but those unfamiliar with virtual currency may find the learning curve steep.
DraftKings Predictions is the clear winner for users seeking the strongest prediction market platform, thanks to its broader market selection, advanced trading tools, and more complete exchange-style experience.
It’s best suited to advanced traders seeking a comprehensive package. It’s great for broader market exposure for those looking to trade more actively, especially across both sports and financial-style markets.
FanDuel Predicts, however, is the better platform for casual traders looking for the simplest possible way to start trading. The mobile-only platform is ideal for users who already have a FanDuel account and are looking for a frictionless entry point into prediction-market trading, particularly in sports markets.
If you’re still undecided, explore the prediction markets hub to compare all of the best prediction markets side by side.
DraftKings Predictions is the better choice for advanced users, as it offers deeper market coverage, more advanced trading tools, and a more exchange-style experience.
FanDuel Predicts is, however, still a competent platform, better suited to casual users seeking a good starting point into prediction markets, with a mobile-first interface.
The main difference between DraftKings Predictions and FanDuel Predicts lies in the complexity of their offerings.
DraftKings focuses on a more advanced, exchange-style trading experience with broader markets and greater control. FanDuel prioritizes a streamlined mobile experience for quick, easy participation.
The fees at DraftKings Predictions and FanDuel Predicts are very similar, though their fee structures differ.
DraftKings typically charges $0.01–$0.02 per contract per side, while FanDuel charges a flat 2% transaction fee based on the potential payout.
DraftKings’ fixed-per-contract model can sometimes be more predictable, though for casual traders the difference is negligible.
DraftKings Predictions offers a broader range of market categories and more in-depth coverage, especially for financial and macroeconomic contracts.
For users seeking variety and extensive options, DraftKings holds the advantage, while FanDuel focuses more on simplicity rather than volume.
Yes, DraftKings Predictions and FanDuel Predicts can be used simultaneously because the platforms operate independently.
Some users may open DraftKings Predictions on desktop and FanDuel Predicts on mobile to compare pricing or access different market selections, depending on where liquidity is stronger.
FanDuel Predicts is the clear choice for beginners because it offers a simpler, more streamlined product with a shallower learning curve.
DraftKings offers more tools and depth, but that added complexity makes it better suited to users who already understand prediction markets.
No, cryptocurrency cannot be used to deposit or withdraw funds at either FanDuel Predicts or DraftKings Predictions. Only fiat currencies can be used for banking at the prediction market platforms.
No, DraftKings Predictions is not available in New Hampshire (NH). However, FanDuel Predicts can be accessed in the State as an alternative platform.
Yes, both FanDuel Predicts and DraftKings Predictions provide tax reporting documents when required by US regulations.
Users might receive tax forms, like 1099s, depending on their trading activity and winnings, in accordance with typical sportsbook reporting rules.
Both platforms are members of the National Futures Association (NFA) and are regulated by the Commodity Futures Trading Commission (CFTC).
They are considered equally safe and must comply with strict financial and compliance standards. User funds are stored in separate accounts on both platforms, and identity verification is mandatory before trading or withdrawals.
Both DraftKings Predictions and FanDuel Predicts cover major US sports leagues, including the NFL, NBA, MLB, and NHL, as well as key international sporting events (World Cup, Formula 1, Tennis, etc.).
DraftKings Prediction tends to offer broader coverage across deeper markets, while FanDuel focuses on a curated selection of high-liquidity markets.
No, in most cases neither platform offers instant withdrawals, though this may be state-dependent.
Withdrawals typically take 1-3 business days, depending on the payment method, with potential additional delays for first-time withdrawals due to identity verification.
Yes, existing DraftKings and FanDuel users can access their respective prediction products using the same account credentials.
This keeps accounts organized, reduces onboarding friction, and eliminates the need to create a separate trading account – unlike dedicated prediction market platforms like Kalshi or Polymarket.
