Legal statesSports markets in around 18 states without DraftKings SportsbookNot available in (1)
NV
18+. Eligible states only. Terms apply. Trading involves risk of loss. Gambling problem? Call 1-800-GAMBLER.
DraftKings brought its polish to prediction markets with a dedicated Predictions app, a genuinely strong welcome offer, and access in big states where its sportsbook can’t go.
DraftKings Predictions is the sportsbook giant’s move into event contracts – a product separate from the DK Sportsbook that launched in December 2025, now runs on DraftKings’ own exchange, DKeX, and offers sports contracts in around 18 states where its sportsbook isn’t live, including California, Texas and Georgia. It pairs DraftKings’ polished software with a genuinely competitive welcome offer. This DraftKings Predictions review covers the official offer, the markets, fees, legality, the real app ratings, and where it still feels thin. We use official terms only – no affiliate codes.
If you already use DraftKings, Predictions is the easiest, most polished entry into event trading, with one of the strongest welcome offers in the category and access in big non-betting states. The downsides: the market menu outside core sports is thin, the order ticket is simpler than a full exchange’s, and serious traders will miss the depth and transparency of a dedicated exchange. No horse racing here.
★ Overview
What is DraftKings Predictions? A Sportsbook Giant’s Event-Trading App
DraftKings Predictions is a CFTC-regulated prediction market product. Accounts are held with DraftKings Predictions, a CFTC-registered futures commission merchant and NFA member, and since June 2026 contracts have run on DKeX – DraftKings’ own exchange, built on the technology and CFTC license that came with its acquisition of Railbird Technologies. It’s a separate vertical from the DK Sportsbook, Casino and Pick6, though it uses the same DraftKings account. You trade Yes/No contracts from $0.01 to $0.99; win and each settles at $1, lose and it’s $0, and you can sell out before an event ends.
The product has grown quickly. Combos (the prediction-market take on parlays) arrived in May 2026 and more than 30% of customers had used them within weeks; MLB player and futures contracts, No Runs First Inning markets, wider NBA and NHL menus and international sports followed. DraftKings reported around $11.3 billion in annualized trading volume in June 2026.
★ Bonus & fees
DraftKings Predictions bonus & fees: the official terms
Unlike Kalshi, DraftKings runs a big public welcome offer – and you don’t need a code. (The “promo codes” you’ll see elsewhere are affiliate links; the DK offer is claimed by opting in when you sign up.)
DraftKings Predictions welcome offer
New customers who make a first trade of $5 or more receive up to $200 in Predictions Dollars, paid over 21 days. “Predictions Dollars” are non-withdrawable promotional credit you trade with; profits you make are withdrawable. They expire one year after they’re issued. The exact figure rotates (earlier 2026 versions paid $50 for a $5 trade), so confirm the live offer in the app.
Fees & banking
Detail
What to know
Trading cost
A small per-contract fee – a cent or two depending on the contract price – covering broker and exchange fees and shown before you confirm. The full schedule sits in the Fee Disclosure.
Funding
Debit card, online banking, PayPal, Venmo and Apple Pay – the same cashier as other DraftKings products.
Withdrawals
Typically about a day for debit card and up to two business days for online banking, PayPal or Venmo; a first withdrawal can trigger identity checks.
Account
Same DraftKings login across Sportsbook, Casino, Pick6 and Predictions.
The welcome credit isn’t withdrawable – only the profit you make trading with it is. It releases over 21 days, so it’s a stretched bonus, not $200 in cash up front. Read the in-app terms before counting on a number.
★ Promo code
DraftKings Predictions Promo Code: October 2026
DraftKings Predictions doesn’t use a promo code – the welcome offer is claimed by opting in when you register. The table sums up the current official terms.
DraftKings Predictions Promo Code
October 2026
Promo code
No code required (opt in)
Welcome offer
Trade $5+, get $200 in Predictions Dollars
How it pays
$50 installments over 21 days
Minimum first trade
$5
Expiry
Predictions Dollars expire one year after issue
Withdrawable?
Credit no; profits yes
Sports states
Around 18, where DK Sportsbook isn’t live
Verified
October 2026
★ Bonus codes
DraftKings Predictions bonus vs the DraftKings Sportsbook bonus code
The two offers are easy to confuse. The Predictions welcome package pays Predictions Dollars for trading event contracts and is only open where DraftKings’ sportsbook isn’t. The sportsbook offer pays bonus bets in states with legal online betting. You can’t use one in the other’s territory – if you live in a legal betting state, see our DraftKings bonus code guide instead.
★ Banking
DraftKings Predictions withdrawal time and deposit options
Method
Typical withdrawal time
Debit card
Up to 24 hours
Apple Pay
About a day
Online banking
Up to 2 business days
PayPal / Venmo
Up to 2 days
Withdrawals go back to a method in your name, and DraftKings may ask for extra ID on a first cash-out. Remember that unused Predictions Dollars stay in your account until they expire – they never convert to cash.
★ Getting started
How to sign up for DraftKings Predictions
Download the DraftKings Predictions app (separate from the Sportsbook) or use the Predictions section on DraftKings’ site.
Sign in or create a DraftKings account – one login works across DK products.
Verify your identity (KYC) and confirm your state has the markets you want. You must be 18 or older.
Opt in to the welcome offer, then deposit via debit card, online banking, PayPal, Venmo or Apple Pay.
Place a $5+ first trade to trigger the welcome offer, then trade, hold or sell out as you like.
★ Markets
Markets and events on DraftKings Predictions
The menu is sports-led: NFL, NBA, NHL, MLB and college, with moneyline-style winners, futures, MLB player contracts, No Runs First Inning, international soccer and the newer combo (parlay-style) contracts, plus financial markets. Example: an NBA “Team to win the title” Yes at $0.22 implies a ~22% chance and pays $1 if they do. An always-on Live tab and event hubs make it easy to find in-play contracts.
DraftKings Predictions has no horse racing markets – and no prediction market does. To bet the Kentucky Derby or any race, use a licensed ADW racebook. AmWager is our top pick, with a 100% first-deposit match up to $50 for new customers.
★ Trading
How it works
The app is built for DraftKings’ mainstream audience: pick a market, choose Yes or No, see the price in cents (the implied chance), and confirm. You can sell a position before settlement to lock a profit or limit a loss. The ticket is simpler than Kalshi’s or Polymarket’s full order book – great for casual users, light for pros.
How DraftKings Predictions combos work
A combo bundles several contracts into one position that pays only if every leg lands – the same logic as a parlay, priced by the market rather than a bookmaker. The price of the combo is the market’s view of all legs hitting together, so it’s cheaper (and riskier) than any single leg.
★ Legality
Is DraftKings Predictions legal? States with sports markets
It’s a federally regulated (CFTC) product offered across most of the country. Three rules shape where you can trade sports:
Sports contracts are live in around 18 states – and DraftKings does not offer sports prediction markets where its own sportsbook already operates.
DraftKings doesn’t offer sports contracts on tribal land in any state, and has said it will pull them from any state that legalizes online sports betting.
Nevada is excluded entirely, and state legality for sports event contracts is contested nationally; non-sports markets may be available where sports aren’t.
Market type
Where it’s available
Sports contracts
Around 18 states without DraftKings Sportsbook – including California, Texas and Georgia
Financial and other markets
Most other states
Nothing
Nevada
Confirm your state and the available market types in the app before depositing – the legal map changes month to month.
★ Big states
Is DraftKings Predictions legal in California and Texas?
Yes. California and Texas – the two largest states without legal online sportsbooks – are exactly where DraftKings Predictions offers sports contracts, along with Georgia and other non-betting states. In California, contracts aren’t offered on tribal land, and tribes there are challenging sports event contracts, so availability could change.
★ Predictions or sportsbook?
DraftKings Predictions vs DraftKings Sportsbook
Predictions is not the sportsbook in a new coat. On the sportsbook you bet against DraftKings at fixed odds; on Predictions you buy contracts from other traders on an exchange and can sell them back mid-game. Because DraftKings keeps the two apart by state, most customers will only ever see one. Compare licensed betting apps on our US sportsbooks hub.
★ Racing
Can you bet horse racing on DraftKings Predictions?
No. There are no racing contracts on DraftKings Predictions – racing is carved out under the Interstate Horseracing Act. (DraftKings does run a separate licensed horse-racing product in some states, but that’s not this app.) To bet a race, use a licensed racebook.
★ App review
DraftKings Predictions app ratings and reviews
Predictions has its own app, so these ratings are for the product itself: “DraftKings Predictions” rates 4.9★ on the US App Store from about 17,000 ratings (October 2026) and is rated 18+. Predictions markets also appear inside the main DraftKings app.
What users praise: the seamless, modern app DraftKings is known for; a familiar feel for existing DK users; the strong welcome offer; and solid responsible-gambling tools such as My Budget and Controls for deposit limits and activity alerts.
What draws complaints: a thin market menu outside core sports, a simpler ticket than a full exchange, and little transparency on liquidity or volume – which is why serious traders still reach for a dedicated exchange. For casual sports fans, those gaps matter less.
★ Comparison
DraftKings Predictions vs FanDuel Predicts vs Kalshi
DraftKings Predictions
FanDuel Predicts
Kalshi
Welcome offer
Trade $5, get $200 (over 21 days)
Rotating Predicts Bonus
Referral credit (in-app)
Promo code
Not required
Not required
Not required
Sports states
Around 18 (non-DK states)
18 non-betting states
Most states; off in MA, MI, NV, WA
Minimum age
18+
18+
18+
Exchange
DKeX
CME Group
KalshiEX
Fees
A cent or two per contract
2¢ per $1 of potential payout
Up to ~2¢ per contract (taker)
Desktop
Yes
No
Yes
FanDuel Predicts is the closest rival, with an identical sportsbook-brand approach; Kalshi is the pick for depth and order-book tools.
★ Pros & cons
DraftKings Predictions pros and cons
Pros
Strong welcome offer (up to $200 Predictions Dollars)
Polished, familiar DraftKings app and website access
Works in CA, TX, GA and more non-betting states
Combos (parlay-style) contracts and MLB player markets
Good responsible-gambling tools
Cons
Thin markets outside core sports
Simpler ticket than a full exchange order book
Not offered where DK sportsbook is live (sports)
Welcome credit stretched over 21 days
No horse racing markets
★ Verdict
Verdict: who DraftKings Predictions is best for
DraftKings Predictions is the easiest, most polished pick for casual sports fans – especially existing DK users and anyone in California, Texas or Georgia who can’t use a sportsbook. The welcome offer is among the best in the category. If you want deep markets, limit orders and an order book, a dedicated exchange like Kalshi still wins, and FanDuel Predicts is its closest rival. Strong starter, light for pros.
Sports contracts are available in around 18 states without DraftKings Sportsbook, including California, Texas and Georgia. DraftKings doesn’t offer sports prediction markets where its sportsbook is already live or on tribal land, Nevada is excluded, and the legal map is shifting – check the app for your state.
Is DraftKings Predictions the same as the DraftKings Sportsbook?
No. Predictions is a separate, CFTC-regulated event-contract product where you trade Yes/No contracts against other users – not fixed-odds bets against the house.
What is the DraftKings Predictions welcome offer?
The official public offer is “trade $5+, get $200 in Predictions Dollars”, paid in installments over 21 days, with no code needed. It rotates by period and state, so confirm it in-app.
Does DraftKings Predictions need a promo code?
No. You opt in to the offer when you register. Codes advertised elsewhere are affiliate links.
What is the DraftKings Predictions promo code for October 2026?
There isn’t one – the welcome offer is claimed without a code. Any “code” you see is an affiliate referral link.
Do DraftKings Predictions Dollars expire?
Yes – one year after they’re issued. They can’t be withdrawn or transferred, but profits from trades placed with them move to your withdrawable cash balance.
How do I withdraw from DraftKings Predictions?
Cash out from the app to a method in your name. Debit card withdrawals typically land within about a day; online banking, PayPal and Venmo take up to two business days. Your first withdrawal may trigger identity checks.
What is DKeX?
DKeX is DraftKings’ own prediction-market exchange, launched in June 2026 using the technology and CFTC license from its acquisition of Railbird Technologies.
Can I bet the Kentucky Derby or horse racing on DraftKings Predictions?
No. This app has no racing contracts. DraftKings runs a separate licensed racing product in some states, or use a racebook like AmWager.
What can I trade on DraftKings Predictions?
Mainly NFL, NBA, NHL, MLB and college sports (winners, futures, combos, MLB player contracts) plus international soccer and financial markets.
Can I sell a DraftKings Predictions contract early?
Yes – sell before settlement at the current price to lock a profit or cut a loss.
Is DraftKings Predictions safe?
It runs through a CFTC-registered FCM on DraftKings’ own CFTC-licensed exchange, under a long-established public company. It’s legitimate, but it’s a trading product and your capital is at risk.
How we checked this page (6 sources)
Offers, codes, fees and state lists are checked against the operators’ own pages and state or federal regulators. Last checked .
Play responsibly. 21+ for sportsbooks (18+ in a few states); 18+ for most prediction markets, 21+ on some platforms and in some states. Only play where it is legal. Gambling problem? Call or text 1-800-GAMBLER.
