DraftKings Predictions
- Offers prediction markets in 47 states
- Provides educational resources
- Settles contracts quickly
- Make sports predictions in states without online gambling
- Top-notch customer support
- Limited availability of prediction markets in certain states
- Confusing fee structure
- Fewer non-sports markets than some competitor prediction markets
DraftKings Predictions is the latest platform to join the exploding prediction market industry in the US. It allows users to make simple yes/no predictions on all kinds of things, from sports and entertainment to politics and the weather. We’re breaking down exactly how it works in our DraftKings Predictions review.
What Is DraftKings Predictions?
DraftKings Predictions is a real-money prediction market app operated by DraftKings. It launched in December 2025, following DraftKings’ October 2025 acquisition of Railbird Technologies Inc.
The DraftKings Predictions exchange is a peer-to-peer platform that lets users buy and sell “yes” or “no” contracts, based on real-life events. The markets on offer cover all kinds of topics: sports, economics, entertainment, politics, and cryptocurrency.
DraftKings Predictions trading calls for users to buy and sell contracts priced between $0.01 and $1.00, with the price of each one indicating the probability of the outcome according to the market. For instance, if a contract costs $0.70, it suggests the public believes it has a 70% chance of happening.
Contracts are settled at the conclusion of events. Correct predictions are settled at $1.00 if you are correct, while incorrect predictions are settled at $0.00. You can also sell your contracts before they are settled, if you want.
Is DraftKings Predictions Legit and Secure?
DraftKings Predictions is a legitimate and legal prediction market. It is regulated at the federal level, thanks to its acquisition of Railbird Technologies Inc.
Founded in 2021, Railbird was approved as a Designated Contract Market (DCM) by the Commodity Futures Trading Commission (CFTC) shortly before DraftKings purchased it. This enabled DK to become CFTC-regulated before launching Predictions.
Interestingly, DraftKings initially partnered with CME Group - the same CFTC-regulated exchange used by FanDuel Predicts - to establish DraftKings Predictions. In a press release, the company said that it “plans to connect to multiple exchanges” to expand its available markets, including Railbird.
Following its launch, DraftKings Predictions was available in 38 states, including many without legal sports betting, such as California, Georgia, and Texas.
It is now legally present in 47 states, but it doesn’t offer all markets in all of them, leaving users in states with legal sports betting limited to non-sports markets.
So far, it has been pretty much plain sailing for DraftKings Prediction from a security perspective. It uses SSL encryption to protect users’ data and two-factor authentication (2FA) to secure accounts.
How to Sign Up and Get Started
Signing up and placing your first trades at DraftKings Prediction is very simple. Here’s how you can do it:
- Download the app: Head to the App Store or Google Play Store to get it.
- Create an account: Choose a username and password.
- Verify your identity: Provide personal information (name, location, DOB, last four digits of Social Security number, etc.).
- Look at the available markets: Browse the app’s available markets.
- Add funds: Make an initial deposit using a debit card, ACH bank transfer, Apple Pay, or wire transfer.
- Make your first trade: Buy a “Yes” or “No” contract.
A typical trade for an NFL market might look like this:
New England Patriots vs Seattle Seahawks - “When will the first touchdown be scored?”
“Within the first 10 minutes”:
- YES ($0.53)
- NO ($0.51)
In this instance, investing $10 in YES would result in a payout of $18 if the Seattle Seahawks and New England Patriots scored within the first 10 minutes of the big game. Investing $10 in NO would yield a payout of $18 if it were the correct prediction.
Available Markets and Event Types
DraftKings Predictions offers many markets and event types, which may vary by state. In the case of sports markets, you can’t make trades on them from states with legal sports betting.
Here’s an overview:
- Sports: NFL, NBA, MLB, NHL, and more
- Cryptocurrency: Bitcoin and Ethereum prices and milestones
- Finance: Federal interest rates and key economic indicators
- Entertainment: Award show winners, Music chart positions, Release dates
Each prediction market allows users to buy and sell binary contracts priced between $0.01 and $1.00. Their prices are based on the probabilities of their outcomes in the opinion of the users, and they change whenever new information is released or trading volume spikes.
These prices don’t change much, though. DraftKings Predictions is considered to have high liquidity and high-volume potential given its size, which means there aren’t many big swings in the price of contracts.
DraftKings Predictions doesn’t currently set maximum trading limits, but it provides responsible gaming tools that you can set up to manage your time on the site.
Fees and Payouts: What Does It Cost?
DraftKings Predictions charges its users small fees, which are built into every trade, typically a $0.02 fee on all contracts bought and sold.
According to the terms and conditions, that includes a transaction fee of $0.01 applied by DraftKings, and a separate fee charged by the “exchange that offers the market”, which varies.
The way this is worded is a little vague for our liking, but customer support assured us that $0.02 per contract is the correct figure.
The good news is that all of these fees are handled automatically by DraftKings on the backend. At the moment you buy contracts, DraftKings clearly shows you how much you stand to earn or lose.
User Experience: Platform, App, and Interface
The DraftKings Sportsbook and DraftKings Casino apps are among the best-designed platforms in the industry. The DraftKings Predictions app follows their lead. It looks almost identical, is easy to navigate, and offers real-time price tracking.
It also features well-designed menus that make finding prediction markets simple. Additionally, it has a convenient “How to Trade on Predictions” section that guides beginners through the process of making trades.
Customer Support
DraftKings has long had one of the best customer support teams around. This trend continues with DraftKings Predictions. The platform offers support via live chat, email, phone, and social media. It also has an excellent Help Center.
We suggest using the live chat, which we tested several times and consistently received speedy responses and helpful information.
Deposits, Withdrawals, and Payment Methods
DraftKings operates its Predictions app separately from its other platforms. As a result, you cannot use funds from a DraftKings Sportsbook account on Predictions.
Instead, you must deposit funds directly into a DraftKings Predictions account. The platform accepts several deposit methods, including Visa and Mastercard debit cards, ACH bank transfers, Apple Pay, and wire transfers.
Each requires a $5 minimum deposit and gives immediate access to funds.
You can use these same methods when withdrawing funds from a DraftKings Predictions account, though their processing times differ. Some, like ACH bank transfers, take a few hours. Others, such as debit cards, may require waiting 24 hours or longer.
DraftKings Predictions offers high deposit and withdrawal limits and is reliable and trustworthy.
Final Thoughts: Who Should Use DraftKings Predictions?
If you’re already a DraftKings user, signing up for DraftKings Predictions is a no-brainer. It benefits from the same intelligent organisation as other DraftKings products, plus easy banking and excellent customer support.
It’s a wonderful place for new traders to start, as the learning curve is not steep. It’s also ideal for sports fans who don’t have access to legal online sports betting in their home state.