DraftKings Predict Promo Code April 2025
The constantly evolving sports and gaming industry is poised to take another leap forward as sportsbook titan DraftKings Sportsbook is expanding its portfolio. Building on their successful sports betting and daily fantasy sports operations, DraftKings is set to launch DraftKings Predict as they venture into the fast-growing prediction market space.
While a timeline is still unknown in terms of launch, with late 2025 as the most likely possibility, DraftKings Predict has already been registered with the National Futures Association (NFA), the national regulatory structure for the predictions market sector.
Let’s dive into everything you need to know about DraftKings Predict, DraftKings Sportsbook’s other products, and information on the pending DraftKings Predict promo offer.
Updated on 4/2/25
CONTENTS
- DraftKings Predict Welcome Offer Key Details
- DraftKings Predict Timeline
- Possible Launch Time of DraftKings Predict
- DraftKings and the Sports Prediction Market
- How to Likely Sign Up for DraftKings Predict
- Emergence of Popular Prediction Markets
- Prediction Markets and Responsible Gaming
- DraftKings Predict FAQs
DRAFTKINGS PREDICTION WELCOME OFFER DETAILS
| 🎁 DraftKings Predict Expected Promo Code | TBD |
| 💰 DraftKings Predict Bonus Offer | TBD |
| ⭐️ DraftKings Predict Legal States | TBD |
| 📝 DraftKings Predict Launch Date | Possibly 2025 |
| ✅ Info Last Verified | April 02, 2025 |
Officially registered with the NFA in July 2024, DraftKings Predict is a new concept tied to DraftKings Sportsbook under an entity named “Gus II LLC.” As the official regulator of the Commodity Futures Trading Commission (CFTC), registration with the NFA aligns with DraftKings CEO Jason Robins’s public comments about entering the predictions market.
While no definitive plans have been announced, Robins also mentioned on a recent earnings call that he and DraftKings “have a keen interest in seeing how it plays out,” referring to the predictions market’s legal status across the United States. Unlike sports betting legislation, which is decided by individual states, prediction market legislation has taken the national stage, as the Federal Government considers it akin to trading futures contracts.
DraftKings reportedly has been making various updates and announcements, including changes to promotional offers and legal challenges.
In November 2024, DraftKings announced several updates regarding their operations, including changes to welcome bonuses and strategic initiatives.
With a fluid legal status, it is clear that Robins and DraftKings are very seriously exploring sports contracts and a new product. Just like with their flagship product, DK Sportsbook, you can expect DraftKings promo offerings, including a promo code and bonus bets, to carry over to their DraftKings Predict product.
DRAFTKINGS PREDICT TIMELINE
The inception of DraftKings Predict has not yet been formally announced, but all indications point toward a prediction market product joining their DFS and betting market products. Below is a timeline of what we know so far:
- July 30, 2024: An entity called “DraftKings Predict” is officially registered with the National Futures Association (NFA), listing DraftKings headquarters as its address and Paul Liberman as CEO.
- November 2024: DraftKings made significant updates to their promotional offers and provided strategic insights from the company’s CEO. These November updates included changes in welcome bonuses, addressing legal challenges, and outlining strategic initiatives.
- February 2025: Robins said on an earnings call that the company has a “keen interest in seeing how it plays out,” referring to the predictions market.
POSSIBLE LAUNCH TIME OF DRAFTKINGS PREDICT
It is way too early to know precisely when DraftKings Predict will launch, but all indications are pointing toward later in 2025. Make sure to check this article for the latest information on the launch time of DraftKings Predict.
DRAFTKINGS AND THE SPORTS PREDICTION MARKET
Already a major player in the sports betting market with DraftKings Sportsbook and a pioneer in the daily fantasy sports market prior to that, the sports prediction market is officially on notice of a tidal wave coming. With the registration of “Gus II LLC” with the NFA in July 2024, noted as “DraftKings Predict,” a pending launch is imminent.
Users can also benefit from the DraftKings Dynasty loyalty rewards program, earning Crowns and Tier Credits through their betting activities.
This potential launch could also come in time for the college football season, where users can buy contracts for events such as Alabama winning the College Football Playoff, “Yes” or “No.”
HOW SPORTS PREDICTION MARKETS WORK
While states must decide on their own to bring legal sports betting to their citizens, prediction markets focused on sporting events have become a federal issue. At their core, sports prediction markets work like a stock exchange, where users can buy contracts or "shares" on a specific prediction.
After an initial deposit, users have markets available, such as "The Dodgers will win the World Series" at a price between $0 and $1, which reflects the likelihood of each outcome. In this example, if the Dodgers do win the World Series, the share pays out $1, and if they don't, it pays nothing.
The stock market exchange aspect of sports prediction markets is that trades happen in real-time, and the prices fluctuate based on market action, sentiment, and real-world news.
In terms of taxes, just like the stock market, winnings are typically treated as capital gains in the United States. Also, like the traditional stock market, losses can, in some events, offset gains. Unlike sports betting, where once a wager is confirmed on your bet slip, you are locked in, prediction markets let you buy, sell, or hold your positions all the way up until the event is resolved.
This is where the genius of sports prediction markets comes in, as users have strategic flexibility, offering a mix of investing and gambling strategies. For new users who find the concept confusing, there will be plenty of educational material available on the DraftKings app.
WHAT SPORTS ARE AVAILABLE ON PREDICTION MARKETS?
Based on markets we've seen become available on competing prediction markets, such as Kalshi, we can make some assumptions on which sports will be available when DraftKings' legal status turns on. All of the below sports are also available on DraftKings Sportsbook for active betting today:
Player props, such as the number of strikeouts by a pitcher or touchdowns by a quarterback, are also available for betting.
- Baseball: This includes futures revolving around the MLB division and league winners, as well as the MLB World Series.
- Golf: Includes winners on weekly PGA Tour events, such as the Houston Open, as well as the Majors, including the Masters, PGA Championship, US Open, and The Open Championship winners.
- Football: Includes contracts on major NCAAF and NFL events, such as College Football Playoff and Super Bowl outcomes.
- Basketball: This includes both professional (NBA) and college basketball (NCAA), as well as future contracts on the NBA Finals and March Madness.
- F1: This consists of the inner parts of the F1 Drivers Championship and the F1 Constructors Championship.
- Hockey: This includes future contracts on NHL events, such as for the Stanley Cup winner.
- Soccer: Encompasses major international competitions such as the Champions League and English Premier League.
- Tennis: Includes markets on professional ATP and WTA tournaments, with some early-round match contracts and finals, as well.
- ESports: Includes who will win popular game championships, such as who will win League Worlds.
HOW TO LIKELY SIGN UP FOR DRAFTKINGS PREDICT
With DraftKings Predict not yet live, the exact details on how to sign up for the product are not yet known. Based on DraftKings' other products and similar prediction markets, let's take a closer look at the steps likely to be involved.
- Navigate to DraftKings Predict: Whether it be their website or the DraftKings mobile app (likely integrated with their other products), the first step is to visit the platform.
- Create an Account: It is still unknown if an existing DraftKings account will allow for direct login into DraftKings Predict, but if not, create a new account. With similar products, this will involve entering basic information such as first and last name, email, and a secure password. If you can use the DraftKings Sportsbook app, toggle to the DraftKings Predict product.
- Verify Identity: Just like DraftKings Sportsbook, DraftKings Predict will likely require you to verify your identity. This will include submitting identification to comply with regulatory requirements.
- Enter a DraftKings Promo Code: Similar to the DraftKings Sign Up Bonus and those offered by their other products like DraftKings Pick6; there will almost surely be a DraftKings promo for their prediction market product. If using a promo code for a welcome bonus, which is available for new users only, ensuring you meet the terms and conditions is key to getting the most out of it.
- Take Advantage of the Referral Bonus: Users can also take advantage of the referral bonus program by inviting friends to sign up. Earn bonus bets based on the amount deposited by the referred friend, with rewards detailed according to the deposited amount and subject to regulatory guidelines.
- Deposit Funds: To ensure that you meet the minimum deposit to qualify for the bonus, deposit funds into your new account. If you are using another DraftKings bonus, such as a deposit bonus, ensure you meet all the terms and conditions required.
- Begin Trading: Once your account is funded, you can now dive into the contract-focused betting market offerings. Take a look at the recurring DraftKings promo offerings, which will show promo code options beyond those available to just new users.
OVERVIEW OF DRAFTKINGS SPORTSBOOK AND CASINO
DraftKings Sportsbook and Casino stands as a premier online gaming platform, offering an extensive array of sports betting markets and casino games. Accessible in numerous states across the US, the platform is designed with user-friendliness in mind, ensuring that both novice and experienced players can easily navigate and place their bets.
DRAFTKINGS DFS
DraftKings is not just about sports betting; it offers a wide range of products that cater to different types of gamers and bettors. One of the standout offerings is the Daily Fantasy Sports (DFS) platform: DraftKings Pick 6, which features a peer-to-peer format. This platform allows users to participate in contests for major leagues such as the NFL, NBA, MLB, and even eSports.
WELCOME OFFER AND BONUSES
Updated on 4/2/25
DraftKings Sportsbook and Casino is renowned for its generous welcome offers and bonuses designed to attract and reward new users. This offer is available to new users who are at least 21 years old and physically located in one of the participating states. After meeting the wagering requirements, users can easily withdraw their winnings, making the welcome offer even more attractive.
DRAFTKINGS BETTING MARKETS
DraftKings Sportsbook offers a wide range of betting markets for users to enhance their sports betting experience. With a user-friendly interface, users can easily navigate through the various sports and markets available.
LIST OF SPORTS YOU CAN BET ON DRAFTKINGS
DraftKings Sportsbook features a diverse range of sports, including:
BETTING MARKET TYPES
DraftKings Sportsbook offers various betting market types, including:
- Moneyline: Predict the winner of the event. This is the simplest form of betting, where you pick which team or player will win.
- Point Spread: Predict by how many points the team you are backing will win or lose. This type of bet levels the playing field between two teams, making the game more exciting.
- Over/Under (totals): Bet on whether the game's total score will be more or less than the pre-determined line. This allows you to bet on the overall performance of both teams rather than just the outcome.
- Parlays: Combine multiple wagers for different events or the same-game parlays onto one bet slip for a higher payout. This type of bet is riskier but offers higher rewards.
- Prop bet: Focus on specific events or outcomes within a game, such as the number of touchdowns a player will score or the total number of strikeouts by a pitcher. These bets add an extra layer of excitement to the game.
- Futures Betting: Predict what will happen concerning an event or situation far into the future, such as who will win the next Super Bowl or the NBA Championship. These bets require a long-term perspective and can be very rewarding.
EMERGENCE OF POPULAR PREDICTION MARKETS
With DraftKings Sportsbook's parent company soon launching in the sports prediction market industry, let's pause here to take a look at the emergence of popular prediction markets today. Surging in popularity over the past decade, the idea was pioneered in 2014 with the launch of PredictIt, which focused on political outcomes such as who will win the United States presidency.
Prediction markets then went mainstream in 2020 as Kalshi entered the industry, offering broader prediction markets, which included markets on sports, economics, and the weather, in addition to politics. Polymarket launched in 2020 with a focus on the 2020 US election, highlighting the public's desire for real-time predictions.
With Polymarket's arrival and enhancements at Kalshi, prediction markets solidified their place in the online gambling space in the US, as they proved to be more accurate than traditional polls or political analysts. Enhancements to promotional offers and app updates are designed to enhance users' betting experience.
Once they became fully legal under the guidance and oversight of the CFTC, the floodgates began to open as new users flocked to their sites, receiving a generous signup bonus in the process. As sports fans and investors continue to take advantage of generous welcome bonus offerings, many also use a promo code to receive additional bonus bets. The data-driven decision-making crowd is here to stay.
ARE PREDICTION MARKETS LEGAL?
Unlike DraftKings Sportsbook and its competitors, which have a straightforward legal status decided by each state, prediction markets face a more complex legal status. While the CFTC regulates them and sees them as financial instruments, they differ from traditional gambling overseen by state legislation. In New Hampshire, individuals can participate in betting at the age of 18, contrasting it with other states where the minimum age is 21.
Existing sites like Kalshi and Polymarket operate legally, as approved by the CFTC, but restrictions do apply and are becoming more complicated. The CFTC states that contracts must be verifiable events, and each operator needs NFA approval (which DraftKings applied for in July 2024).
There are pending investigations by the CFTC on Kalshi's event contracts, which will likely dictate how soon new users will be able to sign up at DraftKings Predict, sometime in 2025.
POPULAR DRAFTKINGS DYNASTY PROPERTIES
DraftKings Sportsbook is just the tip of the iceberg when it comes to DraftKings properties, all of which offer DraftKings promo options to choose from. Let's take a closer look at the popular DraftKings properties to choose from, which you can click on below to receive the best DraftKings promo code available. DraftKings also offers a VIP program with exclusive rewards and benefits for high-volume bettors.
- DraftKings Sportsbook: One of the best sportsbooks in the world, new users of DraftKings Sportsbook can receive bonus bets from the bonus available to new users, with even more available in the form of ongoing promotions.
- DraftKings Pick6: A DraftKings promo is also available to new users, as this platform offers a fantasy-style game where users pick player stats props (i.e., goals scored, strikeouts thrown, etc.) to compete for real cash prizes.
- DraftKings Casino: One of the leading online casinos in the United States, DraftKings Casino offers online slots, table games, live dealer options, Keno, and more.
- DraftKings DFS: An originator in the DFS industry, DraftKings DFS lets users draft teams and win real cash based on player and game performances.
- DK Horse: DK Horse is a DraftKings horse race betting app offering live odds and race streaming.
PROS AND CONS OF DRAFTKINGS PREDICT
As with all their products, there will be pros and cons of when things go live. Let's take a closer look at a few of each.
| PROS | CONS |
| 👍 Brand | 👎 Legal Challenges |
| 👍 Ability to Innovate | 👎 Competition |
| 👍 DraftKings Promo Code Offerings |
PREDICTION MARKETS AND RESPONSIBLE GAMING
Starting with your deposit bonus and bonus bets offered via the welcome bonus, there is a temptation with prediction markets to practice irresponsible gaming from day one. Just like sportsbooks, however, it is critical to practice responsible gaming when it comes to prediction markets. Users should understand the process of withdrawing winnings, including completing wagering obligations, before funds can be accessed.
Similar tools, such as time-outs, self-exclusion lists, and deposit limits, will be available to help users manage their gaming activity. DraftKings also offers educational tools for users to track and manage their risk. It is essential to understand the various withdrawal methods available for taking out winnings.
DRAFTKINGS CUSTOMER SERVICE EXPERIENCE
Whether you have a question about a DraftKings promo code or other user experience, DraftKings offers robust customer service options. With their other products, DraftKings offers 24/7 live chat support as well as email.
DraftKings also offers a comprehensive FAQ on its websites, offering answers to the most basic questions. Lately, users have also been finding success in reaching out to DraftKings via social media for faster responses.
2025 DRAFTKINGS PREDICT NEWS
2025 is poised to be a big year for DraftKings with the launch of their prediction market, marking a pivotal moment for the industry. While details on a promo code and launch date are still pending, NFA registration (July 2024) was a key first step, and CFTC approval could happen sometime in 2025.
With solidified plans still sparse, as DraftKings' prediction market entry faces a few more hurdles, stay tapped into Vegas Insiders for all the latest news.
DRAFTKINGS PREDICTS FAQs
DraftKings Sportsbook users will find a familiar product when it comes to the DraftKings promo code. Even still, we've put together a list of DraftKings promo code FAQs to answer any remaining questions you might have.
WHAT IS DRAFTKINGS PREDICT?
DraftKings Predict is a pending prediction markets platform where users can trade contracts on event outcomes, such as who will win the 2025-26 NFL Super Bowl. It was unofficially launched following an NFA registration in July 2024 and would only further expand DraftKings' offerings.
WHEN IS DRAFTKINGS PREDICT LAUNCHING?
No official timeline yet exists for DraftKings Predict launching; more does a promo code for new users. Industry analysts suggest either late 2025 or early 2026, but it all comes down to CFTC approval.
WILL THERE BE A DRAFTKINGS PREDICT BONUS CODE?
Yes, there will likely be a DraftKings Predict bonus code designed to attract new users to register. The best promo code available will be found right here at Vegas Insider. Make sure to meet any terms and conditions of the promo code you choose to ensure you receive all the benefits.
WHAT ARE SPORTS PREDICTION MARKETS?
Sports prediction markets are platforms where users buy and sell contracts based on event outcomes, priced by their probability, such as who will win the 2025 NBA Finals. Just like the stock market, prices shift with trader sentiment and market news.
IS DRAFTKINGS PREDICT LIKE KALSHI?
Yes, DraftKings predicts it will be like Kalshi in concept, as both are prediction markets. The major differentiator is that the DraftKings product focuses primarily on sports (versus politics, cultural news, and weather).
DO I PAY TAXES ON SPORTS PREDICTION MARKET WINNINGS?
Yes, market winnings on sports prediction contracts are treated as gambling income, which you'll report profits of on your tax return.