DraftKings Predictions Review 2026: Markets, Event Contracts, Features, and Legitimacy

DraftKings Predictions review summary

DraftKings Predictions is a CFTC-regulated prediction market available in 38 states. Contracts trade from 1¢ to 99¢, fees are up to 2¢ per contract, and new DraftKings customers get $200 in Predictions Dollars that are paid over 21 days, after a $5 trade.

Is DraftKings Predictions legit and legal?

Yes. DraftKings Predictions is operated by GUS III LLC, a DraftKings subsidiary registered with the CFTC as a futures commission merchant and a member of the NFA. It’s legal under federal law in 38 states, though several states, and some lawsuits, dispute its sports contracts.

How is DraftKings Predictions regulated?

DraftKings Predictions sits under the Commodity Futures Trading Commission rather than state gaming regulators. You may see it called “DraftKings Predict,” but its official name is DraftKings Predictions, and its legal documents refer to “GUS III LLC d/b/a DraftKings Predictions.” The d/b/a stands for “doing business as.”

When it launched in December 2025, GUS III LLC was an introducing broker that passed orders to Wedbush Securities, which acted as the futures commission merchant. In August 2026, GUS III LLC became a futures commission merchant itself, so DraftKings now handles your trades directly. Some older documents, including the App Store listing, still use the old description.

Your trades are listed on one of three CFTC-regulated exchanges:

Where is DraftKings Predictions legal?

DraftKings Predictions is available in 38 states, excluding Connecticut, Hawaii, Massachusetts, Maryland, Maine, Michigan, Missouri, New Hampshire, Nevada, New York, Ohio, Utah, and Washington What you can trade depends on your location: some states get every market, including sports, while the rest are limited to non-sports or financial markets.

There’s a clear pattern here. DraftKings only offers sports contracts in states where its sportsbook doesn’t operate, so the two products never overlap. If you live in a state with DraftKings Sportsbook, you’ll use the sportsbook for sports instead.

You must be physically located in an eligible state to trade, and the app’s geolocation checks automatically hide markets you can’t access. Trading isn’t allowed on tribal land, and DraftKings Predictions isn’t available outside the US.

Is DraftKings Predictions legal in California, Texas, and Florida?

Yes. All three states get the full range of DraftKings Predictions markets, including sports, which makes it one of the few legal ways to trade on sports outcomes there. However, class actions filed since July 2026 argue its sports contracts break state law in these states, and the Seminole Tribe of Florida sued DraftKings in October 2026.

DraftKings says it will defend these cases, and they haven’t affected availability so far. As with every prediction market, the legal picture can change quickly, and the US Supreme Court may eventually decide whether states can regulate sports event contracts.

Do you trade against DraftKings?

Sometimes. DraftKings Predictions is an exchange-based product, but its terms allow DraftKings affiliates to act as market makers and take the other side of your trades. Its quarterly filings name that market maker as GUS CAP LLC, which provides liquidity on DKeX and other exchanges.

That doesn’t make it a sportsbook, as prices still come from the market, but it’s worth knowing that one of the firms quoting prices belongs to DraftKings. Your counterparty on any trade could be another customer, an outside market maker, or DraftKings’ own.

How does DraftKings protect your account?

Every account has to pass identity verification, which includes your name, address, date of birth, and Social Security Number, with a photo ID if DraftKings needs more checks. Its Responsible Trading Center also offers deposit limits, cool-off periods, and self-exclusion. Below is the full list of supported states that the team regularly updates here at TheSpike.gg.

• Alaska
• Alabama
• Arkansas
• Arizona
• California
• Colorado
• Washington, D.C.
• Delaware
• Florida
• Georgia
• Iowa
• Idaho
• Illinois
• Indiana
• Kansas
• Kentucky
• Louisiana
• Minnesota
• Mississippi
• Montana
• North Carolina
• North Dakota
• Nebraska
• New Jersey
• New Mexico
• Oklahoma
• Oregon
• Pennsylvania
• Rhode Island
• South Carolina
• South Dakota
• Tennessee
• Texas
• Virginia
• Vermont
• Wisconsin
• West Virginia
• Wyoming

What is DraftKings Predictions and how does it work?

DraftKings Predictions lets you buy Yes or No contracts on real-world events. Prices run from 1¢ to 99¢ and reflect the market’s estimated chance of an outcome. Correct contracts pay $1 each, and wrong ones pay nothing. You can also sell before the event ends.

Prices are shown as a percentage chance by default, which also tells you the contract price. A 27% chance means a Yes contract costs 27¢. DraftKings no longer offers American odds for prediction markets.

How do DraftKings Predictions prices work?

Here’s an example from the culture category. When I tested the site, there was a market on which film will win Best Picture at the 2027 Oscars, with a separate contract for each of the six films listed. A Yes contract on The Black Ball cost 27¢, and the No side cost 73¢.

Say you bought 100 Yes contracts at 27¢:

• The contracts cost $27.00, plus a fee of up to $2.00.
• If The Black Ball wins, you’re paid $100.
• If it doesn’t, the contracts settle at $0, and you lose what you paid.

Each market lists its rules, closing time, and the official source used to settle it, so check those before you trade.

• Can you sell DraftKings Predictions contracts early? Yes. You can sell your contracts at the current price before a market closes, to lock in a profit or cut a loss. Just note that you pay the trading fee again when you sell, and DraftKings Sportsbook features like Early Exit don’t apply to Predictions trades.
• What order types does DraftKings Predictions offer? DraftKings Predictions only offers market orders, which fill straight away at the current price. You can’t place limit orders to buy at a price of your choosing, and there’s no visible order book. That keeps things simple for beginners, but experienced traders will find it limiting.
• Can you parlay on DraftKings Predictions? Yes. DraftKings calls them Combos, and they launched in May 2026. You can link several sports contracts into one trade, and every leg has to win for the Combo to pay out. Combos are only available on sports contracts, and they were used by more than 30% of customers within weeks of launch.

How much are DraftKings Predictions fees?

DraftKings Predictions charges up to $0.02 per contract, each time you buy or sell. The exact fee depends on the contract’s price and which exchange lists it, with the highest fees on contracts priced between 30¢ and 94¢. There are no settlement, deposit, or withdrawal fees.

Your total fee is rounded up to the nearest cent when you buy, and down when you sell. For example, buying 100 contracts at 50¢ costs $50 plus a $2 fee. If they win, you’re paid $100, a $48 profit. Sell them early instead, and you’ll pay another $2.

Flat fees like these hit hardest on heavy favorites. At 90¢, a $2 fee on 100 contracts takes a fifth of your $10 potential profit, so they’re better suited to contracts priced in the middle of the range.

How to sign up at DraftKings Predictions

You don’t need a promo code. If you already have a DraftKings account, you can log in with it, though you won’t qualify for the welcome bonus.

1. Tap the banners on this page to visit DraftKings Predictions or download the app.

2. Choose a username and password, and agree to the Predictions Terms of Use.

3. Verify your identity with your name, address, date of birth, and Social Security Number.

4. Deposit at least $5 by debit card, bank transfer, PayPal, Venmo, or Apple Pay.

5. Place your first trade of $5 or more to unlock your first $50 in Predictions Dollars.

DraftKings Predictions bonus and promotions

New DraftKings customers get up to $200 in Predictions Dollars after a first trade of $5 or more. The bonus is paid as $50 every 7 days over 21 days, and you have to claim each payment within 7 days. The offer runs until November 29, 2026.

The “new customer” rule covers all of DraftKings, so if you’ve already signed up for its sportsbook, casino, or DFS, you won’t qualify. Each payment also needs you to log in and click to claim it, so set a reminder to avoid missing one.

The DraftKings Predictions referral program

You can also earn Predictions Dollars by inviting friends. When a friend signs up and trades at least $5, you get $25 in Predictions Dollars, for up to five referrals, or $125 in total.

Is DraftKings Predictions part of DraftKings Rewards?

Not yet. In August 2026, DraftKings replaced Dynasty Rewards and DK Dollars with DraftKings Rewards and Crown Cash, a rewards currency where $1 in Crown Cash equals $1. The Bronze, Silver, Gold, Diamond, and Onyx tiers stayed the same. DraftKings says Predictions will be added, but hasn’t given a date.

What can you trade on DraftKings Predictions?

DraftKings Predictions covers sports, politics, finance, crypto, culture, and climate. Sports are the biggest category, with game outcomes, player stats, and futures across the major US leagues, while non-sports markets are available in more states. Combos are only available on sports.

🏈 Sports

Sports markets include the NFL, college football, NBA, college basketball, NHL, MLB, and more, with game winners, player stats, and futures for championships and awards. NFL and NBA player markets come from DraftKings’ deal with Crypto.com. Remember that sports contracts are only available in 17 states.

🗳️ Politics

Political markets cover US and international elections, including early markets on the 2028 presidential election, as well as policy decisions.

📈 Finance and crypto

Financial markets, which come mainly from CME Group, cover stock indexes, economic data, and commodities. Crypto markets let you trade on where Bitcoin and Ethereum prices will end a given period. These are the markets available in all 38 states.

🎭 Culture and climate

Culture markets include award shows like the Oscars, entertainment, and pop culture questions, while climate markets cover weather outcomes.

What is the DraftKings Predictions app like?

DraftKings Predictions will feel familiar if you’ve used DraftKings before. The website uses the same black, white, and green design, and you can trade through a standalone Predictions app or the DraftKings Sports & Casino app. Both apps score highly with users.

On desktop, the top menu has Sports, News & Culture, My Trades, Rewards, and Refer a Friend. A left-hand menu lists every sport alphabetically, followed by the other categories, while the center of the page shows promotions and live markets.

My favorite feature is the trade slip on the right. Click any contract to load it, then choose $5, $10, or $20, or type your own amount. You can add more sports contracts to build a Combo, and clear the slip with the red “-” button.

The first thing I saw when I logged in was a notice about daily maintenance from 5 a.m. to 6 a.m. ET. It’s a minor inconvenience, but it’s scheduled for when the site is quietest.

The apps need iOS 16.2 or Android 12 or later, and they use geolocation to hide any markets you can’t trade from your location. On older devices, the mobile website works fine.

DraftKings Predictions deposits and withdrawals

You can deposit from $5 with a debit card, bank transfer, PayPal, Venmo, Apple Pay, or wire, and withdraw from $1 with the same methods. DraftKings doesn’t charge fees, and most withdrawals take one to two business days, while ACH transfers can take up to seven.

You can only use PayPal, Venmo, or Apple Pay if they’re funded by a bank account or debit card, not a credit card. Withdrawals also need to go back to the method you deposited with wherever possible. There’s no maximum withdrawal.

DraftKings Predictions customer support

DraftKings Predictions shares DraftKings’ support team, with live chat available 24/7, email at support@draftkingspredictions.com, and help on X through @DK_Assist. There’s also a dedicated Predictions section in the Help Center covering trading basics, trade types, and settlement.

 

In my tests, live chat responses were fast. Not every user has the same experience, though, as the chat starts with an automated assistant, and some reviewers report struggling to reach a human agent. If that happens, an email or a support case is the more reliable route.

The footer also links to eleven legal documents, including the Terms of Use, the fee disclosure, and the risk disclosure, which are worth reading before you trade.

DraftKings Predictions vs DraftKings Sportsbook: what’s the difference?

DraftKings Predictions is a federally regulated exchange where prices come from the market, while DraftKings Sportsbook is a state-licensed bookmaker that sets its own odds. Predictions is available in more states, but only offers sports contracts where the sportsbook isn’t available.

DraftKings Predictions pros and cons

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Verdict: Is DraftKings Predictions worth it?

DraftKings Predictions is one of the easiest ways into prediction markets, especially if you already know DraftKings. It’s federally regulated, available in 38 states, and its $200 welcome bonus is one of the biggest around, while the familiar layout and trade slip make placing a trade simple.

It’s less suited to experienced traders. There are no limit orders or visible order book, fees apply on both sides of a trade, and sports contracts are limited to 17 states. If you live in one of them, or mainly want an easy way to trade, use the banners on this page to claim your $200 in Predictions Dollars.

DraftKings Predictions review FAQs