What is FanDuel Predicts?
FanDuel Predicts is a prediction market service that lets you trade event contracts. Although this might not make much sense right now, I have put together this FanDuel Predicts prediction markets review to explain everything you need to know.
A prediction market, like FanDuel Predicts, is a platform that gives you the option to predict the outcome of a specific event. This event can be political, economic, financial, or sports-related. However, the outcome of this event is based on real-world data or news.
As a trader in a prediction market, you have two options. Your first option is to predict that an event will occur. The other is to predict that it won't. Depending on your prediction, you can buy a Yes or No contract for that specific event. So, if you think an event will be true, you purchase a Yes contract. If you think it won't happen, you purchase a No contract.
The price of the Yes or No contract will vary depending on other traders' sentiment. Generally, the price of a contract is usually between $0 and $1. So, you might find a contract for $0.20, $0.55, or $0.90. A $0.90 contract indicates a 90% probability that the event will occur.
| FanDuel Predicts general information |
| Minimum age requirement | 18+ |
| Platforms | Mobile app on iOS and Android |
| Restricted states | Available in all US states, but the sports market is only available in 16 states |
| Welcome bonus | $25 Predict bonus |
| Markets | Sports, Financials, Entertainment, Cryptocurrency, Economic, Technology |
| License | Regulated by the Commodity Futures Trading Commission (CFTC) |
| Ongoing promotions | N/A |
How does FanDuel Predicts pay?
At FanDuel Predicts, event prices are displayed as multipliers, cents, percentages, or odds. For better clarity and readability, I prefer to use the percentages or cents format to display event contract prices. With the cent option, you can find event contracts for $0.30 or $0.70.
So, assume you buy the $0.30 event contract, and it's a Yes contract. If the event settles to Yes, you get a payout for every contract you hold. Each contract pays $1, so you have a potential profit of $0.70 per contract. However, if you bought No contracts, you get $0 on all contracts. This simple calculation applies to all prediction sites, as you'll see in my
Underdog Predictions prediction markets review.
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Trade event contracts across different prediction markets
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Make mobile contract trading easy with FanDuel Predicts
Welcome bonus for signing up at FanDuel Predicts
Welcome bonuses are common on FanDuel Predicts, and I've seen a few of these offers. The operator regularly updates the welcome bonus, and sometimes offers vary by state.
The latest FanDuel Predicts welcome offer I found is a $25 bonus to use on the app. You'll need to make an initial deposit and trade at least $10 to qualify for the offer. This is a straightforward offer that doesn't require a
FanDuel Predicts promo code, but it comes with several terms and conditions that you should note.
Terms and conditions
Bonus terms and conditions are important guidelines that you must follow when using a FanDuel Predicts bonus. On the welcome bonus, these are the most important terms I found after going through the entire terms and conditions page:
The welcome bonus is only available to new users who set up an account on FanDuel Predicts. You must be 18+ to set up an account, and the operator will verify your age.
FanDuel Predicts promotions are usually available in all states where the app is legal, but sometimes the operator might adjust the offer in certain locations.
⏰ When do you get the offer
The $25 promo bonus usually becomes available in your FanDuel account 72 hours after you meet the requirements for the offer.
🔄 Playthrough requirement
From what I've seen, there is a 1x playthrough requirement on the bonus. You don't get to withdraw it the instant it lands in your account.
All winnings from trading with the bonus can be withdrawn from your account.
There are no restrictions on the markets you can trade with the bonus. You'll have access to all available markets in your location when you decide to spend the bonus.
The welcome bonus is only available for 7 days. If you're unable to use the entire bonus within 7 days, any amount left in your account will be removed.
FanDuel will automatically use the bonus amount when you decide to enter a trade. You must use up the bonus amount before the operator starts deducting your real money deposit.
You can only get one FanDuel Predicts welcome bonus.
If you're familiar with FanDuel's services, you'll know the operator usually runs ongoing promotions for its members. You have the referral bonuses, odds boosts, VIP rewards, happy hour, and profit boosts that you can claim depending on the platform. However, besides the welcome bonus, I didn't find any ongoing promotion to claim at FanDuel Predicts. If you want ongoing promotions, check out my
Underdog predictions promo code
review.
Eligibility to use the FanDuel Predicts service
During my FanDuel Predicts app review, I had to verify my identity and location to gain full access to the service. To become a member, you must be 18+ to register, and the operator will verify your age through a KYC process. Setting up an account is easy, and you can follow these steps to get started:
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Open the FanDuel Predicts website using the links on this page.
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Scan the QR code on your screen to get to the official App Store or Google Play Store page.
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Download the app and wait for it to install.
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Launch the app after installation.
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Provide an email address and password.
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Enter your name, date of birth, address, phone number, and SSN.
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Upload a valid ID, like your passport.
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Wait for your account verification.
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Sign in to your account dashboard after verification.
Location restriction on FanDuel Predicts
Unlike other FanDuel products (sportsbook and casino), FanDuel Predicts is legal in all 50 US states, or at least that's what got me interested. While this is true, one thing you might miss is that your access to prediction markets varies by state. This restriction specifically applies to sports prediction markets, which is why I am mentioning it here. From what I've seen, FanDuel only offers sports prediction markets in states where legal online sports betting isn't available, including:
- Alabama
- Alaska
- California
- Florida
- Georgia
- Hawaii
- Idaho
- Minnesota
- Nebraska
- New Mexico
- North Dakota
- Oklahoma
- South Carolina
- South Dakota
- Texas
- Utah
The FanDuel Predicts website has a map showing which markets are available in each state, and you can check it to confirm. If you want to try sports prediction in more states, then you can read my
PrizePicks Predictions prediction market review, since the operator is open in 30+ states.
Usability and look of the FanDuel Predicts mobile app
The FanDuel Predicts app is an easy-to-use mobile app that is available on mobile devices. Getting around the app is straightforward thanks to the navigation features and the swipe option available on touchscreen devices. Since it focuses on prediction market trading, the app interface isn't as cluttered as what you get on traditional sports betting apps. This simplistic design makes the app an excellent fit for both new users and veterans, who might be coming over from other prediction platforms or sports betting services.
Downloadable app and mobile site
FanDuel Predicts is only available on mobile, so I don't have a PC version to compare it to. However, given what I've seen on PC platforms like Kalshi, the FanDuel Predicts app is a more intuitive option for users who often struggle to make a pick when faced with too many options. With PC websites, the large amount of information can be overwhelming, which is something you don't have to deal with on a mobile app like FanDuel predicts.
The app loads quickly, and you still have access to all the features that matter. There is a live chat option, access to various markets, including the sports, economic, crypto, and cultural markets, and a welcome bonus when you first set up an account.
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Download the FanDuel Predicts app today
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Trade and predict with ease on the FanDuel Predicts app
Payments at FanDuel Predicts
The payment methods at FanDuel Predicts aren't the same as what you get on the FanDuel sportsbook or casino. However, you can still use your debit card or online banking to fund your account. These are two trustworthy payment options, so I didn't have any issues using them when trying out the FanDuel Predicts app. The process for making a deposit is straightforward, and these are the steps you can take:
- Sign in to your FanDuel Predicts account.
- Click the account button, then choose the deposit option.
- Pick one of the deposit options.
- Enter the amount you want to deposit and complete the transaction.
Deposits on the app are instant, so you don't have to wait too long before you can start trading, even with a new account. After trading for a while, you might have increased your balance a bit and would need to make a withdrawal. If you find yourself in this position, you can complete the process using a debit card or online banking. I recommend going with the debit card option since you get your funds within 24 hours of the withdrawal review, whereas online banking can take up to 5 business days.
Customer service
FanDuel might be an established name, so I expected the best customer support options during my FanDuel Predicts prediction markets review, and I got it. The app has several support channels you can use, and live chat is what many traders go for. You'll find a chat bubble on your screen, and tapping on this bubble will trigger a chat pane where you can interact with a customer support representative.
Other options that FanDuel offers include email support and a comprehensive FAQ with useful information about the prediction markets service. If these aren't enough to get the help you need, FanDuel also encourages you to send a direct message to their agents on X or Facebook. With all these options, you'll surely get a response sooner than later.
Licensing - Who regulates FanDuel Predicts?
I know FanDuel is a trusted name in the US, but it's still important to confirm that it operates a licensed prediction service. To protect consumer interests, the Commodity Futures Trading Commission (CFTC) regulates the operations of FanDuel Predicts prediction market. There are rules and regulations the operator follows, which ensure you will have no issues when you sign up on its app. Some of the things the CFTC offers as a regulator include:
- The option for FanDuel to operate its prediction markets in states where online sports betting is still illegal
- Enforce identity verification of all traders on FanDuel Predicts
- To ensure FanDuel Predicts only operates under the peer-to-peer framework
- Provision of guidelines that eliminate insider trading and fraud
Conclusion: Enjoy sports predictions without the pressure of going against the house
Prediction markets are becoming more popular mainly due to the peer-to-peer trading service that they offer. Instead of having to place bets while having to deal with the house edge, you can get a better potential payout while trading against other individuals like you. Each individual participating in the market is responsible for moving the probabilities and prices on the event contract, which makes it a much better deal than the fixed odds you get on traditional betting sites.
Another excellent reason I would consider FanDuel Predicts is the option to exit whenever I want, while still profiting from the markets. If I don't like what I am seeing in an event, there is nothing stopping me from selling my contracts to minimize losses or even make a slight profit from price movements during the period the contract was in my possession.
FanDuel Predicts is run by FanDuel, a reputable name in the US, so you can trust its service. You also get to enjoy your trading sessions on mobile, which means your contracts will always be within reach wherever you go. You can set up an account to start trading using the links I provide, and FanDuel will credit your wallet with a $25 Predict bonus once you're fully set up.
FanDuel Predicts prediction markets review FAQs
📈 How can you access the FanDuel prediction markets?
Access to the markets is only available via the FanDuel mobile apps. This is one area where FanDuel is behind other prediction market platforms like Kalshi, which offer a desktop interface for trading on prediction markets.
📲 Where can you get the FanDuel mobile apps?
I found the app directly on the App Store and Google Play Store. If you want to learn more details before downloading the app, you can visit the FanDuel Predicts official website, where the operator explains how the prediction market and its app work. You'll then find a QR code you can scan, which redirects you to the download page on the store for your mobile OS.
🗺️ Can you trade on sports prediction markets in all states?
No, while FanDuel Predicts is open in all US states, the sports prediction market is only available in some states. I listed the 16 states where you can trade on the sports prediction market, and you can also find a map showing where the market is open on the FanDuel Predicts website.
