DraftKings Predictions Promo Code January 2026

What is DraftKings Predictions?

DraftKings Predictions is a predictions market platform, enabling users to predict the outcomes of sports and other real-world events and claim prizes if their picks are correct.

The idea is similar to what other prediction apps already offer, such as Kalshi and Polymarket. Instead of placing traditional bets against a sportsbook, users predict outcomes across a range of topics, from sports to pop culture and politics. 

The value of those outcomes shifts as more predictions come in, opinions change, or new information emerges. If the prediction resolves as true, users receive a payout based on the price they locked in.

DraftKings Predictions promo code terms and conditions

The DraftKings Predictions welcome offer gives new customers the opportunity to win $1 million just for making their first deposit and opting in. There is also a 100% first trade match of up to $25.

Here are the key terms and conditions for these promos:

• No DraftKings promo code is required to trigger either offer.
• The $25 trade bonus is only available in states where sports event contracts are available.
• You have 30 days from registration to claim the trade bonus.
• Minimum deposit is $5.

Best DraftKings Predictions bonus offers for new users

The $25 trade match for your first trade is one of the best bonuses available at any of the best Prediction markets right now. For example, the Kalshi promo code gives new users just $10 after purchasing $100 in event contracts. That's just a 10% match, where DraftKings offers a 100% match.

While it's highly unlikely that you'll win $1 million from DraftKings, being entered to win such an incredible amount for simply depositing at DraftKings Predictions, gives users a low-risk way of potentially earning a massive payday.

To further compare DraftKings Predictions to competitors, check out the Fanatics Markets promo code page.

Is DraftKings Predictions legal?

Yes, DraftKings Predictions is legal in 38 states, including states where DraftKings Sportsbook is unavailable. This includes California, Florida, Georgia, and Texas, massive markets that DraftKings was previously unable to reach, as DraftKings Sportsbook is only available in about half the country.

While this is great news for players in those states who wish to get in on the action at DraftKings, there's always the chance that regulators could step in, just as they did with sweepstakes casinos, and decide these apps come too close to gambling after all. If that happens, we might see pushback, legal challenges, and a whole new debate about where prediction markets really fit in the country’s gaming landscape.

All that said, for now, DraftKings Predictions is legal.

How to claim the DraftKings Predictions promo code?

Here’s everything you need to know about signing up for DraftKings Predictions and ultimately withdrawing your winnings.

Register

Once you land on DraftKings Predictions, find the Join/Sign-Up/Register button to start. The platform requires your name, birthday, phone number, and address. At this time, no DraftKings Predictions promo code is required.

Deposit funds

Next, you’ll need to establish your balance. Navigate to the cashier page, select a payment option from the list, enter the deposit amount, and confirm the transaction. 

This is when you will be eligible to take advantage of the two welcome offers. Make sure you opt-in to the 100% first trade match and $1 million contest before depositing.

Available payment methods include credit/debit cards, Apple Pay, PayPal, Venmo, online banking, and more.

Start trading

Once the deposit is completed, start browsing the available prediction markets, choosing from a range of sports and other real-world events, and place your picks. After you enter the amount you wish to trade, you will see a figure showing your potential profit. Lock in your pick and wait for the outcome.

Withdraw winnings

If your picks are correct, the profit will be automatically credited to your balance. You can then choose to withdraw the winnings using a similar range of payment methods available for deposits or save the money for future trades.

If you decide to withdraw, head back to the cashier, select a payment method, and enter the withdrawal amount, while keeping the limits for that method in mind. The money should appear in your bank account within a few days, depending on the chosen payment option and internal processing times.

DraftKings Predictions review

DraftKings Predictions features a wide range of popular sports like NFL, NBA, MLB, NHL, golf, soccer, combat sports, tennis, and more, combined with a selection of real-world events like commodity prices, stock market props, crypto prices, and more economic factors. We expect political and entertainment trading to become available soon.

The majority of predictions will the form of simple “Yes” or “No” questions, like whether the Oklahoma City Thunder will defend their NBA title, for example, alongside the potential profit on the dollar for each choice.

Unlike other prediction platforms, DraftKings steps in with a broader sports lineup, while offering a more engaging rewards system and the kind of polished user experience it’s already known for. 

What we like about DraftKings Predictions

"The look and feel of DraftKings Predictions is exactly what you'd hope for from a DraftKings product. The app is easy to navigate with the markets labeled clearly across the top. Unlike many other predictions apps, DraftKings Predictions keeps odds simple. Rather than using cents to label the cost of a particular trade, they use common American odds of -110 and -120, which will certainly make playing at DraftKings Predictions more enjoyable for seasoned sports bettors." - Phil Wood, Casino Editor

Who is DraftKings Predictions for?

DraftKings Predictions is for sports betting fans who don’t currently have access to legal sportsbooks in their state. Instead of traditional wagers, they’ll stay engaged with sports outcomes through a more accessible prediction-based format. People who simply enjoy speculating on real-world events, whether it’s politics, entertainment, economic trends, or broader cultural happenings, will also find DraftKings Predictions satisfying.

Another group that we expect to gravitate toward DraftKings Predictions are casual players who find full-fledged sportsbooks a bit intimidating. Prediction markets offer simpler mechanics, lower entry barriers, a less steep learning curve, and a generally more playful feel. 

User ratings and reviews

The platform is too new for user ratings and reviews. We will update this section when we have more information.

DraftKings Predictions at a glance

DraftKings Predictions key features

Key features at DraftKings Predictions include easy app navigation, plenty of available markets, a great rewards program, and arguably the best welcome bonus of any prediction platform.

DraftKings also features excellent learning tools under the "Promos" section. Here you can learn how to trade predictions, familiarize yourself with the look of prediction spread, and more. This is a great feature that shows that DraftKings wants its customers to have the best experience possible.

DraftKings Predictions customer service

The customer support options at DraftKings Predictions include 24/7 live chat, email support, and a toll-free telephone line.

DraftKings Predictions offers a thorough help section and FAQ, catering to new users who may be unfamiliar with how prediction markets work and need clear, easy-to-follow guides.

DraftKings Predictions payment methods

DraftKings Predictions supports the following payment options:

• Credit and debit cards (Visa, Mastercard, Discover, AmEx)
• Apple Pay
• Google Pay
• PayPal
• Venmo
• PayNearMe
• Online banking
• Gift cards
• Cash-at-cage

DraftKings Predictions industry news

On October 21, DraftKings acquired the exchange Railbird, a move likely aimed at supporting its entry into the trading and prediction market space. News of DraftKings Predictions followed shortly after during the Q3 2025 earnings report, when CEO and co-founder Jason Robins said: 

“We are excited about our pending launch of DraftKings Predictions and its potential to expand our total addressable market in the coming months.”

On December 19, DraftKings Predictions officially launched. The app became downloadable in 38 states, giving players who aren't able to play at DraftKings Sportsbook the opportunity to play at DraftKings Predictions. 

What markets are you be able to trade on DraftKings Predictions?

Sports predictions are the primary focus of DraftKings Predictions. Popular leagues like the NBA, NFL, and major soccer competitions are featured. We've yet to see any niche sports available.

Beyond sports, DraftKings has expanded into a variety of other prediction markets. You can make trades related to the stock market, commodities like gold, crypto prices, and more. Surprisingly, politics and entertainment weren't featured on the first day of trading.

DraftKings Predictions live event trading

Live trading, where you can place or adjust trades on events while they’re happening, is inherently tricky in prediction markets and differs from traditional live sports betting. Competitors like Kalshi don’t offer true in-play trading, where you could, for example, bet on who will score the next point in a basketball game. Instead, they allow users to modify their existing predictions as more long-term events progress.

DraftKings Predictions takes a similar approach, allowing users to tweak their positions on ongoing events without offering the fully real-time, play-by-play action found in live sports betting.

Strategies for profitable trading on DraftKings Predictions

While sports and market predicting may seem more straightforward than traditional sports betting, it still comes with its own set of challenges, and success depends on the strategies you use and the factors you consider. 

With that in mind, here are some tips to help you become a more successful trader on DraftKings Predictions:

• Play to your strengths: Focus on sports or markets you actually understand. Avoid jumping into trades that seem interesting but are outside your area of expertise. Experience and insight matter far more than speculation.
• Do your research: Information is everything. Study trends, review historical data, and consider expert analysis to make informed predictions rather than relying solely on gut feelings.
• Manage your bankroll: Treat your funds wisely. Spread your bankroll across multiple trades, avoid chasing losses, and consider limiting any single trade to no more than 5% of your total balance.
• Watch for liquidity: A market is only as strong as its activity. Low liquidity can make it difficult to enter or exit positions at fair prices, so prioritize markets with enough depth and participation.

DraftKings Predictions promo code for existing customers

There isn't a DraftKings Predictions promo code for existing customers, but there is a refer-a-friend bonus. Refer your friend to the site, and after they deposit $5 or more, you'll receive $10 in Predictions Dollars. This promo is limited to one per person.

How does DraftKings Predictions compare to traditional sports betting?

Traditional sports betting works by having you place wagers on fixed odds set by the sportsbook, with potential profits calculated upfront. 

In contrast, users in prediction markets trade contracts based on the outcome of an event. Each contract represents a specific two-way outcome, and its price fluctuates with market demand, much as stocks move in a financial market. Payouts are then determined by whether the predicted outcome occurs. Each contract is typically worth $1 if the outcome comes true and $0 if it doesn’t.

For example, let's say a contract for the Philadelphia Eagles to beat the New England Patriots is trading at $0.70. This price implies a 70% market-implied probability that the Eagles will win. If you buy the contract at $0.70 and the Eagles win, the contract settles at $1, giving you a profit of $0.30 per contract. If Philly loses, it settles at $0, and you lose your $0.70 stake.

Another key difference is that platforms like DraftKings Predictions cover a broader range of events beyond sports, from politics to economic or cultural happenings, whereas traditional sportsbooks focus almost exclusively on sports.

DraftKings Predictions trading limits and liquidity

While we were unable to find the maximum trading limit at DraftKings, the maximum bet allowed at DraftKings Sportsbook is $500,000, so it's safe to assume the trade limit is the same.

Liquidity shows how easily a contract can be bought or sold at a fair price. A market with high liquidity has lots of active participants, which keeps spreads tight and allows you to enter or exit positions without significantly affecting the price. In contrast, low liquidity can make it difficult to sell contracts, forcing you to accept lower prices. In a worst-case scenario, it can leave you unable to close your position until more traders enter that market.

📈 DraftKings Predictions predictive markets

The price of each contract at DraftKings Predictions reflects the market’s perceived probability of a given outcome. Users can then buy or sell contracts before events settle, potentially locking in profits.

Just like sports betting, event trading rewards research and strategy, but it also requires good timing. Users could therefore benefit from more flexible engagement with sports and other real-world event predictions, rather than the more fixed-odds approach of traditional sports betting.