
So, I’ve noticed one thing about many prediction trading sites that I’ve reviewed: no bonuses. Interestingly, it’s different at DraftKings Predictions. I found promotions for new and existing prediction traders on the site, and here’s how they work.
For starters, you won’t need a DraftKings Predictions promo code to claim them. New traders get $150 in Prediction Dollars (PD) after funding their account and placing a $5+ trade. Existing traders? Well, they’ll get $25 in PD for each friend who signs up via their referral link and completes the qualifying trades. Keep reading for more details.
DraftKings Predictions is a prediction market site where you can trade on the outcomes of real-world events that are represented as “Yes”/“No” contracts. Basically, you’ll take a “Yes” position if you think an event will happen, and a “No” position if you think it won’t.
Same as at other prediction market sites I’ve reviewed, contracts are priced between $0.01 and $0.99. However, the contract prices are based on the collective sentiment of traders in the market. So, there may also be changes in prices if more traders enter the market or if new information emerges. If your predictions are right, you’ll receive $1 per contract, but if they’re not, the contract expires at $0.
One more thing. You can only trade event contracts at the site using PD, which are its exclusive, prediction-specific credits. Check my DraftKings Predictions review for more details about its usability, payment methods, and support, among other things. In the meantime, let’s look at the site’s available offers.
As a new trader at DraftKings Predictions, I was awarded a welcome bonus of $150 in PD after funding my account and placing a $5+ trade. However, I didn’t get it all at once. Instead, I received it in batches of $50 over 14 days.
The first $50 in PD was instantly credited to my account after I placed the qualifying trade. The second and third batches came on days 7 and 14. All I had to do was click on my “Offers” to claim them. No code needed.
Here’s the fun part. You’d be able to use the new trader offer on all the prediction markets on your dashboard. In my case, the available prediction markets were sports, culture, climate, crypto, politics, financials, business, and economics. That said, here are the key T&Cs that I’d like you to note when using your bonus:
Just as I didn’t need a Coinbase promo code to claim the welcome bonus over at Coinbase, I didn’t need a code to activate the welcome bonus here. Here are the steps you’d take to claim yours:
Click the links on this page to visit the official DraftKings Predictions site or to get the native app.
Tap the “Sign Up” button and follow the on-screen prompts.
Read and agree to the site’s T&Cs.
Verify your account by providing the required documents (including a valid ID and your proof of address).
Fund your account using any of the payment options available to you.
Place a prediction trade of at least $5 to qualify for the offer.
You’ll receive the first $50 in PD a couple of seconds after you’ve placed the qualifying $5 trade. As I mentioned earlier, you’d get to claim the other batches of the bonus on the 7th and 14th days after claiming the first batch of bonus PD.
I used my PD to trade on the Top Song on Spotify in 2026 and which team will win the 2026/2027 NBA championship. The contracts hadn't been resolved at the time of writing, so I’ll have to wait and see how it turns out.
At the time of writing, I only found a referral bonus for the site’s existing prediction traders. Similar to my findings about the ROLR promo code, traders don’t need a code to activate the DraftKings Predictions referral bonus. Here’s how it works:
The first step is to share your unique referral link with your friends. They’d then have to sign up to the site via the link and fund their accounts. If they go on to place the qualifying prediction trades, you’ll receive $25 in PD per referral. However, this offer may vary by eligible state. So, I recommend that you check the offer’s T&Cs after you’ve signed up. That way, you’d discover how it works in your location.
Here’s the part where I answer a couple of popular questions I’ve seen about the DraftKings Predictions bonus. Hopefully, the answers will make the offer easier to understand:
No, it isn’t. You’ll need to fund your account first and place the qualifying $5+ trade to claim it.
To get the latest information about these offers, I’d recommend checking the site’s current T&Cs to know what’s available in your location.
Yes, it has a validity period. Each batch of PD you’re awarded expires 7 days after you’ve claimed it.
Based on my experience with the site’s bonuses, I curated five actionable tips that should help you maximize them:
Go over the fine print attached to the welcome and referral offers. Doing so lets you know what the minimum deposit requirements, eligibility conditions, and validity periods are. For instance, going over them is how I learned that the welcome bonus is awarded in three batches and that I’d have to make a qualifying trade to activate.
DraftKings Predictions features a Help Center that offers information about its contracts’ settlement, pricing, and more. It’s a good resource, and I’d recommend looking it up to get information on how to trade with your bonus PD. I figured this out when I reviewed Kalshi and got the answer to the “How does Kalshi payout work?” question from the same section.
Although there are at least seven event categories that you can use your bonus PD in at the site, I’d recommend sticking to the markets that you’re familiar with. Here’s why. It’s a lot easier to take positions that are likely to result in correct predictions. For instance, when I took a position on which team would win the 2026/2027 NBA championship, I did so based on my familiarity with the NBA.
Getting your friends over to trade event contracts at the site can help extend your trading sessions there. $25 in PD per referral may not look like much at first. However, with five successful invites, you can claim up to $125 in PD that would come in handy when trading event contracts.
DraftKings Predictions occasionally offers prediction trading promotions. For instance, there was a World Cup knockout stage promotion that offered top traders a slice of a prize pool. However, the promo expired after the tournament ended. The good news is, you might be able to participate in the next available promo when it’s available. All you’d have to do is check the promotions page constantly so you’d be in the know when the next offers are available.
I like that there’s a predictions-specific welcome bonus and a referral reward at DraftKings Predictions. What I like more is that both offers don’t need a code to activate them. Better still, I find the qualifying trading requirement for the welcome bonus easy to meet.
The referral bonus isn’t any harder to claim either. As long as you’ve got friends who’d like to trade event contracts at the site and don’t mind meeting the qualifying requirements, you’ll get rewarded.
Using the DraftKings Predictions trading bonus could improve your experience at the site. But you needn’t take my word for it. You might want to tap the on-site banners and follow the prompts to get in and claim what’s available.
You’d need to be at least 18 years old and reside in a US state where the site’s available to sign up. The bonus also comes with a qualifying trade requirement, a delivery system, and a validity period.
Currently, DraftKings Predictions only offers a referral bonus to its existing traders. It may also offer limited-time promotions occasionally.
There are no restrictions on the prediction markets that you can use your bonus PD on. The site allows you to use your PD on all the available markets on your account’s page.