DraftKings Predictions Promo Code May 2026

DraftKings Predictions promo code summary for this week

Best DraftKings Predictions bonus offers for new users

While there's no official promo code, DraftKings Predictions does offer a welcome bonus for new users, similar to the DraftKings Sportsbook promo code and DraftKings Casino promo code.

New users can get a 100% match on their first trade up to $10 after signing up for DraftKings Predictions. The first trade must be at least $10 to get the maximum reward of $10 in Prediction Dollars to use toward a future trade.

What is DraftKings Predictions? 

DraftKings Predictions is a prediction market app that launched in December 2025. Users can access DraftKings Predictions on a standalone mobile platform, separate from the rest of its products.

DraftKings acquired Railbird Technologies, Inc., a prediction market platform that has been federally regulated by the Commodity Futures Trading Commission (CFTC) since last June, as part of its push to launch DraftKings Predictions. It allows users to trade event contracts related to politics, economics, culture, entertainment, and sports. 

In sports, event contracts allow you to speculate on upcoming games, taking positions against other DraftKings Predictions users rather than betting against a sportsbook. 

These contracts usually take the form of a simple “yes or no?” question, such as “Will Patrick Mahomes throw Over/Under 267.5 yards?” or “Will the New York Yankees beat the New York Mets?”. You buy contracts in the outcome you think is most likely, with the action balanced by other users taking the opposite outcome. 

The prices of these contracts range from $0.01 to $0.99, reflecting the likelihood of the outcomes of events. DraftKings Predictions is, therefore, considered peer-to-peer trading, not traditional betting.

Is DraftKings Predictions legit?

Yes, DraftKings Predictions is legal in most U.S. states. It differs from DraftKings Sportsbook in that it is regulated federally by the Commodity Futures Trading Commission (CFTC), rather than by individual state gambling commissions.

The DraftKings Predictions rollout gives users in 17 states access to the platform’s full slate of sports event contracts, including major markets like California, Texas, Florida, and Georgia. In 21 additional states and Washington D.C., DraftKings Predictions offers only non-sports event contracts in markets like economics, crypto and finance. Users in legal sports betting states can access sports markets inside the DraftKings Sportsbook app.

DraftKings Predictions promo code terms and conditions

The DraftKings Predictions promo code will come with certain terms and conditions you’ll need to follow. Although it hasn’t launched yet, we have a fair idea of what to expect from this prediction market promo:

• You must be at least 18 years old (19 or 21 in some states).
• You must be physically present in a state where DraftKings Predictions is legal (most states plus DC, except for AR, AZ, CT, IL, LA, MA, MD, MI, NV, and OH).
• You must go through the identity verification process, sending proof of ID (a government-issued ID, such as a driver’s license or passport) and a selfie holding it, if requested. 
• You may need to deposit a certain amount of money to trigger the bonus. 
• There will be time limit to claim or use you bonus. 

How do you claim the DraftKings Predictions promo code?

Once a DraftKings Predictions promo code is available in your region, you can use our guide to sign up and claim it:

DraftKings Predictions platform review

Who it's for

DraftKings Predictions is a beginner-friendly and straightforward platform, perfect for anyone who wants to speculate on a variety of world events. Sports fans are a natural fit for DraftKings prediction markets, but the platform has also been designed to attract data analysts, pop culture fanatics, and political junkies.

It’s also clear that DraftKings sees the Predictions platform as a replacement for DK Sportsbook in states where sports betting isn’t legal.  

Covers BetSmart Rating: ⭐ 4.2/5

Bonuses and promotions	⭐ 3.5/5
Banking and payout speed	⭐ 4.7/5
Key features	⭐ 4.3/5
Security and trust	⭐ 4.8/5
Customer support	⭐ 4.4/5
User experience	⭐ 4.4/5
Trading odds	⭐ 4.2/5

User ratings and reviews 

User reviews  

Editor's note: User reviews may be edited for clarity. 

"This app is awesome. Clean UX and easy to use. Super quick. Look forward to continuing to use as they grow the product!!"

- App Store user Eyeguy53

"Now we have an option to trade prediction markets on DK in California. Clean and simple UX! Go DK gooo."

- App Store user jxn96

DraftKings Predictions at a glance

DraftKings launched DraftKings Predictions as a standalone platform, completely separate from its regular sportsbook and DFS site. It will permit users to trade event contracts in states where sports betting hasn’t been legalized, including California, Georgia, and Texas. The expectation is that it will offer a wide range of DraftKings prediction markets, such as culture, finance, and politics. 

DraftKings Predictions key features

DraftKings Predictions offers many markets, including economics, politics, and sports, though it is far behind the offerings of a prediction market leader like Kalshi at launch. The platform does provide users with educational resources to promote responsible trading. 

DraftKings Predictions app review

DraftKings Predictions users will have to download a standalone app to trade event contracts on mobile. However, it doesn't look dramatically different from other DK apps. It features a clean, modern appearance that allows users to complete trades quickly. The app is rated a 4.8/5 on the Apple App Store as of May 2026, with the most recent update (Version 1.6.0) coming in late April 2026.

What we like

Seamless app experience: DraftKings has more than a decade of experience creating high-quality software for its users. 

Wide range of event markets: DraftKings Predictions lets you make predictions on a wide range of real world events beyond just sports, including politics, finance, entertainment, culture and more.

Responsible trading tools: DK has a good record of providing tools and responsible gambling guidance to help users trade more responsibly.  

What we don't like

Limited bonuses and promotions: We don’t have any details about DraftKings Predictions bonuses or promotions yet. 

No sports event contracts in some states: The platform doesn't let users trade sports event contracts if they live in states with legal sports betting. 

DraftKings Predictions promo comparison

	Kalshi	Novig	ProphetX	Crypto.com
Compare	Pin	Pin	Pin	Pin
Welcome bonus	$10 Bonus	Up to $100 bonus	Up to $100 Bonus	$50 Bonus
Promo code	COVERS	COVERS100	COVERS	Automatically applies after registration
Bonus type	Bet and get	First bet match	First bet match	Referral
Bonus form	One (1) $10 bonus	Up to $100 bonus	Up to 100 in Prophet Cash	$50 bonus
Min. deposit	$1	$5	$10	$10
Top daily promos	Referral bonus	Challenge rewards	Social media giveaways	Referral bonus
Covers BetSmart Rating	⭐ 4.0/5	⭐ 4.5/5	⭐ 4.3/5	⭐ 3.5/5
Claim Bonus	Claim $10	Claim $100	Claim $100	Claim $50

What markets can you trade on DraftKings Predictions?

DraftKings Predictions lets eligible users trade event contracts across a wide range of real-world markets, starting with sports and finance. At launch, traders can access outcomes tied to game results, player performance, major economic indicators, global benchmarks, and other data-driven events.

As the platform expands, DraftKings plans to add entertainment, culture, and additional specialty markets, supported by integrations with CME Group and the forthcoming Railbird Exchange.

DraftKings Predictions Combos

DraftKings Predictions has introduced Combos, a new feature that lets customers bundle multiple event contracts into a single, parlay-style prediction experience. The launch extends DraftKings’ prediction-market product beyond standalone contracts, giving users a more familiar, higher-engagement way to trade sports outcomes while leveraging DraftKings’ brand, product design, and regulated-market infrastructure.

DraftKings Predictions Combos key differentiators

• Parlay-style prediction trading: Combos translate a familiar sportsbook mechanic into federally regulated event-contract trading, helping reduce friction for sports-first users.
• Broader market access: DraftKings Predictions operates as a standalone app/web product with sports and finance markets initially, with room to expand into entertainment and culture.
• Competitive edge: DraftKings can pair prediction markets with its existing user base, sports partnerships, analytics, and in-house technology to compete against prediction-first platforms like Kalshi and Polymarket.

Strategies for profitable trading on DraftKings Predictions 

Financial speculation is inherently risky and there is the potential to lose money as well as turn a profit.

Here are a few strategies that you can use to trade responsibly on DraftKings Predictions once it is live: 

Establish a bankroll 💵

Set a budget and stick to it. That can mean depositing something like $20 per week for a round of games, or setting yourself a longer term bankroll and only speculating 2-3% at a time. Avoid making unplanned trades or deposits.

Trade on what you know 💡

Avoid blindly trading event contracts without doing your homework first. If you’re a big NFL fan, use your knowledge and experience to your advantage there. Don’t jump into a market you don’t know anything about.  

Diversify trades 📊

You don’t want to place all your risk in a single event or events. Spread your action more widely to reduce your exposure.  

Stay disciplined 🧘

Resist the urge to make emotional trades through the DraftKings prediction markets when you’re faced with negative outcomes. Don’t chase losses and don’t make predictions on your favorite team or player, just because you want them to win.

Have fun 🥳

Remember that prediction platforms like DraftKings Predictions are a form of entertainment, not a way for casual users to make money. Only speculate what you can afford to lose and if you stop enjoying the experience, stop engaging or seek help.  

DraftKings Predictions trading odds and fees

While we don’t know the full details about how DraftKings Predictions will work just yet, we have a fair idea. 

The predictions on the platform will take the form of simple Yes/No questions about upcoming events, such as “Will the Steelers beat the Cowboys this weekend?”. You can either buy contracts on the Yes or the No side, similar to making a bet.

All the event contracts on DraftKings Predictions are priced between $0.01 and $0.99. The higher a contract’s price is, the more likely the outcome. You can buy as many contracts as you want and, if your predicted outcome is correct, you’ll make a profit on your investment according to the prices of your contracts.

The trading prices attached to these predictions are not dictated by DraftKings. Rather, users determine contract prices based on how much they are willing to buy and sell them for. When you turn a profit, the money comes directly from the trades of other users, rather than from “the house” paying you out. 

This is what makes DraftKings Predictions different from DraftKings Sportsbook.

The fee structure for completing trades on DraftKings

Predictions hasn’t been announced yet, but we expect DraftKings to include its fees in the prices that users pay for trades. This would be a similar approach to the one DK takes to collecting fees from users of its daily fantasy sports platform. 

DraftKings Predictions customer service

DraftKings has consistently offered excellent customer service, and we wouldn’t expect anything less from DraftKings Predictions. Users can contact DraftKings’ customer support via chatbot, email, or social media. They can also request a callback or visit the platform’s Help Center. 

• Live chat: Available 24/7
• Email: support@draftkings.com 
• X (Twitter): @DK_Assist 

DraftKings Predictions payment methods

DraftKings Predictions accepts the same payment methods as other DK platforms, such as:

• Debit cards
• Online banking 
• PayPal
• Venmo
• Apple Pay
• PayNearMe 

How does DraftKings Predictions compare to traditional sports betting? 

DraftKings Predictions and traditional sports betting both require people to predict the outcomes of sporting events. However, this is where their similarities stop. 

With traditional sports betting, you are betting against “the house,” such as DraftKings Sportsbook. The odds are chosen by the sportsbook and they decide to accept your action. If you win, you are theoretically winning money off the sportsbook.  

With DraftKings Predictions, you are “betting” (in reality, making speculative investments) against other users of the platform. The prices aren’t set by a central authority or “house”, they are naturally determined by the action of the investors.

DraftKings Predictions is simply a marketplace. It makes money by charging a small fee to buy contracts in that marketplace.  

DraftKings Predictions trading limits and liquidity 

It remains to be seen if there are any trading limits in-built at DraftKings Predictions. Each event contract ranges from $0.01 to $0.99, but you can theoretically buy as many as you want.

Market liquidity refers to the idea that you can buy and sell contracts without drastically impacting the price. The more users, the more stable the price tends to be.

DraftKings Predictions is not expected to have any major issues in this regard. The company has a loyal customer base already, and the acquisition of Railbird Technologies, Inc means it is well set up to allow users to buy and sell contracts quickly. 

Recent DraftKings Predictions updates

Take a look at the latest updates on DraftKings Predictions below, and bookmark this page to keep tabs on the most recent developments. 

May 11, 2026: DraftKings launches sports contract combos for its prediction market platform.

Dec. 19, 2025: DraftKings officially launches DraftKings Predictions in 38 states, including 17 states with sports markets.

Nov. 19, 2025: DraftKings leaves the American Gaming Association (AGA), which has criticized the rise of prediction markets. 

Nov. 10, 2025: Here's what we currently know about the DraftKings Predictions platform ahead of its launch.

Nov. 6, 2025: DraftKings reveals its 2025 third-quarter earnings, sharing news of a 4% increase in earnings compared to its 2024 third-quarter earnings. DraftKings CEO Jason Robins reiterates that DraftKings Predictions is launching “in the coming months” and says that he feels the “most bullish I have ever felt about our future.” 

Oct. 21, 2025: DraftKings announces its acquisition of Railbird Technologies Inc., and reveals that it plans to launch DraftKings Predictions “in the coming months.”

Additional prediction market platform promos

While you await the launch of DraftKings Predictions, check out the following alternative options:

• Kalshi: Has a $10 promotion for all new players when you use our Kalshi promo code 'COVERS.'
• Crypto.com: Offers a $50 bonus unlockable without a Crypto.com promo code.
• Fanatics Markets: Read about the recent launch of the new prediction markets platform and information about a Fanatics Markets promo code.
• Robinhood: Issues new users up to a $200 Robinhood promo code bonus today.
• Sporttrade: Claim up to a $100 bonus without a Sporttrade promo code.
• Railbird: Read out the Railbird promo code page to learn more about this upcoming event, a contract derivatives market betting site that allows you to trade on sports via prediction markets. 
• FanDuel Predicts: Read our FanDuel Predicts promo code review page for a thorough examination of the upcoming prediction market betting site. 

DraftKings Predictions responsible trading features

DraftKings Predictions has not shared which responsible trading tools it will offer to users. However, generally speaking, DraftKings has consistently offered some of the best responsible gambling tools in the business to its sportsbook and casino players. 

We expect this to continue with DraftKings Predictions, allowing players to set up limits to control deposits or trade and request cool-off periods or self-exclusion.