DraftKings has officially entered the prediction market arena with the launch of DraftKings Predictions, a new CFTC-regulated platform now live in 38 states. DraftKings Predictions lets users trade event contracts on everything from sports outcomes to finance, entertainment, and politics.
Find out more about the DraftKings Predictions sign-up offer and get familiar with one of the latest prediction market sites.
Live in 38 States
DraftKings Predictions promo code summary for this week
| 💰 DraftKings Predictions sign-up bonus | TBD |
| ⏩ DraftKings Predictions promo code | TBD |
| ⭐ Top feature | Legal sports trading |
| 💲 Minimum deposit | $5 |
| 🌎 Eligible states | Most states + DC |
| 🎂 Legal age | 18 in most states (19 or 21 in others) |
| 📱 DraftKings Predictions mobile app | iOS & Android |
| 🕒 Offer expiry | TBD |
| ✅ Last verified | Jan. 18, 2026 |
Best DraftKings Predictions bonus offers for new users
We expect DraftKings Predictions to roll out a welcome bonus for new users, similar to the DraftKings Sportsbook promo code and DraftKings Casino promo code.
The sportsbook and casino have both earned reputations for extending worthwhile bonus offers to new users, and we expect nothing less from DraftKings Predictions.
To give you an idea of what to expect, the DraftKings Sportsbook currently has a “Bet $5, Get $200 in Bonus Bets if Your Bet Wins” promo, while the DraftKings Casino has a “Claim 500 Bonus Spins and Earn Up to $1,000 Back in Casino Credits on Losses” promo.
We expect something similar from DraftKings Predictions.
What is DraftKings Predictions?
DraftKings Predictions is a prediction markets platform that launched in December 2025. Users can access DraftKings Predictions on a standalone app, separate from the rest of its platforms.
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:
- 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:
Register
Begin by registering for a DraftKings Predictions account. You won’t be able to log in with an existing DraftKings Sportsbook account.
The registration process will likely involve providing DraftKings Predictions with personal information, such as your full name, date of birth, mobile phone number, and location. You will also probably need to provide the last four digits of your Social Security number. Additionally, DraftKings Predictions may request that you send a photo of a government-issued ID, along with a selfie of you holding this ID, to verify your identity.
This is the standard sign-up process on all DraftKings platforms. You may need to enter a DraftKings Predictions promo code during this process, too, or it may be enough to simply click our registration link. We’ll know more when the platform launches.
Deposit funds
Next up, you’ll need to deposit some money. Remember that the welcome bonus may require a specific-sized deposit, such as $20, in order to become active.
DraftKings Sportsbook stopped accepting credit card payments in 2025, citing responsible gambling concerns, but it continues to accept many other payment methods. Your options will likely include debit cards, online banking, PayPal, Venmo, Apple Pay, and PayNearMe.
Start trading
You may begin trading event contracts right away after claiming your welcome bonus. DraftKings Predictions is expected to launch with a wide range of markets beyond just sports, including politics, entertainment, culture and more.
Withdraw winnings
If your predictions are correct, you stand to win real money at DraftKings. You can withdraw your profits at any point by clicking the “Withdraw” button and choosing a method to receive your cash. The process will be very simple, similar to DraftKings Sportsbook or DFS platforms.
DraftKings Predictions platform review
DraftKings Prediction launched as a trading platform where you can buy and sell contracts on a wide range of real life predictions. Unlike DraftKings Sportsbook, you’ll be buying action against other users, just like any financial market.
DraftKings Prediction charges a small fee for every contract you buy, which is how the platform makes money.
To avoid a conflict of interest, DraftKings Predictions did not launch in states that have legal sports betting. However, for sports fans in states like Texas or California, where online gambling isn't legal, event trading platforms like DraftKings Predictions are a great alternative.
In November 2025, DK revealed it was joining FanDuel in leaving the American Gaming Association (AGA) in November 2025, citing its interest in launching DraftKings Predictions against AGA’s wishes.
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.
User ratings and reviews
There aren’t any ratings or reviews available for DraftKings Predictions yet.
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 has many markets on offer, like economics, politics, and sports, although 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.
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DraftKings Predictions promo comparison
| Compare | ||||
| 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.
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.
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.”
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.
Traditional sportsbook promo codes and bonuses
DraftKings Predictions promo code FAQ
The DraftKings Predictions promo code hasn’t been launched yet.
When the promo code is available, simply click our sign up link and follow the instructions to lock in your welcome bonus.
New DraftKings Predictions users must complete the registration and identity verification processes to receive a welcome bonus. You also need to be at least 18 years old and located in a legal state for DraftKings Predictions. Age restrictions might vary in some states.
DraftKings Predictions will be legal in most states. However, sports event contracts cannot be traded in states that have legalized sports betting.
Existing users cannot get DraftKings Predictions promo offers yet, but we anticipate that changing soon.
DraftKings Predictions covers finance, culture, entertainment, sports, and more.
Carson Deveau is a content editor for Covers, focusing on the commercial aspect of North America’s rapidly growing sports betting and iGaming market. Carson's passion for the industry pushes him to continue providing insightful sportsbook and iGaming reviews for bettors of all experience levels.








