DraftKings has introduced a new promotional offer for its predictions market, allowing first-time users to receive $150 in prediction dollars. To qualify for this offer, new users must sign up and make an initial trade of at least $5.
The DraftKings Predictions platform allows users to trade contracts on various markets, including financial, event, and sports markets. The company, already a significant presence in Daily Fantasy Sports and sports betting, is expanding its reach into the prediction market.
To participate in the promotion, new users can download the DraftKings Predictions app and create an account. This process involves providing location access, email, phone number, and creating a username and password. Using a referral link is noted as the way to access the best sign-up promotion.
The promotion is valid until August 23, 2026, at 11:59 PM ET. The $150 in prediction dollars is issued as non-withdrawable site credit and expires in one year. The reward is distributed in $50 increments every seven days for 14 days, with each click-to-claim portion expiring seven days after issuance.
DraftKings Predictions is available in 48 states, with Maine and New Hampshire being the only exceptions. However, the full range of markets, including sports trading, is only offered in 18 states: Alabama, Alaska, Arizona, California, Delaware, Florida, Georgia, Hawaii, Idaho, Minnesota, Nebraska, New Mexico, North Dakota, Ohio, Oklahoma, Rhode Island, South Carolina, South Dakota, Texas, Utah, and Wisconsin.
The DraftKings Predictions app shares a similar interface with other DraftKings applications, designed for ease of navigation on both mobile and desktop. Key features include a search bar and clear categorization of markets.
User ratings for the app are high, with 4.9 stars on both the Apple App Store and Google Play Store. Positive reviews frequently mention the app's ease of navigation and smooth deposit and withdrawal processes.
Deposits can be made via debit cards, ACH (online banking), Apple Pay (debit card only), Venmo, and PayPal. It is important to note that the wallet for DraftKings Predictions is separate from other DraftKings products, meaning funds and winnings cannot be transferred between them.
Withdrawals require users to meet all trade-through requirements. Prediction Dollars themselves are site credits and cannot be withdrawn or transferred. Any winnings derived from trading Prediction Dollars can be withdrawn, with minimum withdrawal requests set at $1. Maximum withdrawal amounts per transaction can reach $100,000, depending on the method used.
DraftKings Predictions is registered with the CFTC as an Introducing Broker and is an NFA member. The platform advises that trading involves substantial risk of loss and may not be suitable for all individuals. Market availability and eligibility restrictions apply.