DraftKings is now offering prediction markets, and as a new trader, you can register to claim a generous welcome bonus on your first trade. The best part? You won’t need to waste time searching for a DraftKings Predict promo code.
That’s right, when you sign up using the link in the promotional banners above, you’ll qualify automatically. But don’t go anywhere just yet! In this review, I’ll be sharing my first-hand experiences with the welcome bonus, including what’s available and how to claim and use the rewards you receive. You’ll even learn more about the site’s ongoing promotions.
Speaking from my own personal experience, the DraftKings Predict welcome bonus included a 100% match on my first trade up to $75. This immediately caught my attention, as it’s significantly larger than many of the other offers I’d seen in the prediction space, like the Underdog bonus. The bonus also ended up being incredibly easy to claim with relaxed bonus terms that made it just as easy to use.
However, the actual welcome bonus you receive may vary based on the US state you’re currently located in. For the purpose of this review, I’ll keep talking about my own experiences. But if you want to see the bonus currently available in your region, just check the promotional banners above. You’ll also be able to claim this bonus by clicking the banner to head over to DraftKings Predict.
Unlike the PrizePicks promo code, there are no unnecessary steps or questions to answer when claiming the DraftKings Predict sign-up bonus. Here’s a walkthrough of the steps taken to claim this bonus:
To qualify for this prediction market bonus, you’ll need to visit DraftKings Predict using any of the links on this page. Just click the banner above, and you’ll be automatically taken to the registration form where you can add your details. Make sure to provide accurate details about yourself and verify your email address and telephone number when prompted.
If you’ve seen the DraftKings Predict review, you’ll know that this platform is regulated by the Commodity Futures Trading Commission (CFTC). This helps to ensure you receive a safe and fair trading experience, but it also means KYC (Know Your Customer) verification is mandatory. To complete the process, just submit a valid copy of your government-issued ID and proof of address. Importantly, the documents you provide must be legible and match the information submitted during registration.
Next, you’ll need to deposit $5 or more using any accepted payment method, including Visa, Mastercard, Apple Pay, Venmo, PayPal, or online banking. The transaction should process instantly, so you can start browsing the markets without delay. After I placed my first trade, I received the 100% match up to $75 immediately, so you can expect the same.
When placing the first qualifying trade for my DraftKings Predict welcome bonus, and when using the rewards, I found no market restrictions. This meant I was free to explore a broad range of prediction markets, including sports, crypto, economic, and political events. I used the largest portion of my bonus to trade predictions on mainstream sports leagues like the NFL, NBA, NHL, and MLB.
However, this flexibility won’t be available to everyone. In the fine print, I noticed that the availability of DraftKings prediction markets varies by state. Here’s what you need to know:
| Availability | US States |
| All markets are available | Alabama, Alaska, California, Delaware, Florida, Georgia, Hawaii, Idaho, Minnesota, Nebraska, New Mexico, North Dakota, Oklahoma, Rhode Island, South Carolina, South Dakota, Texas, & Utah |
| No markets are available | Maine & New Hampshire |
| No sports markets are available | Colorado, Kansas, Kentucky, Indiana, Louisiana, Maryland, Massachusetts, Michigan, Mississippi, Missouri, New Jersey, New York, North Carolina, Oregon, Vermont, Virginia, Washington, West Virginia, Wisconsin, & Wyoming |
| Only Financial Markets are available | Arizona, Arkansas, Connecticut, Illinois, Iowa, Michigan, Montana, Nevada, Ohio, Pennsylvania, Tennessee, & Washington |
I now have experience claiming hundreds of prediction market promotions, including, most recently, the Fanatics bonus. If there’s one thing I’ve noticed, it’s that ongoing promotions can be just as important as one-off welcome bonuses. Here’s what you can expect from DraftKings Predict:
The Dynasty Rewards program features across all of DraftKings products, including prediction markets. Whenever you deposit and spend money purchasing event contracts, you’ll receive Tier Credits for the program. You can then unlock the following tiers:
In addition to tiers, you’ll also receive Crowns every time you trade, which can be redeemed at the DK store for a wide range of rewards. Also, keep in mind that higher tiers get access to bigger and better rewards.
The rewards center also includes a special tab where DraftKings Predict may send you bonuses and promotions. These offers are usually personalized to your specific trading style or deposit history. For example, traders who make frequent or larger deposits may be eligible for larger bonuses than those who deposit less often. Similarly, if your trading activity shows a preference for specific markets or event types, you may receive promotions tailored to those areas.
As a registered member of DraftKings Predict, you can generate a unique referral code to send to your friends. If they register, verify, and make qualifying deposits, you’ll receive bonus cash that can be used to fund your trading account. The more friends you refer, the more rewards you can claim, as there’s currently no cap on the number of referrals.
I’ve found a targeted approach works well with this bonus, so make sure to send your code to the friends most likely to join. Also, be sure to tell them about the benefits and features they can expect from DraftKings Predict, including generous promotions and diverse prediction markets.
If you’ve claimed prediction market offers before, such as the OG bonus, you should pick up the pricing structure quickly. Essentially, every event contract is priced between $0.01 and $0.99, based on the market’s assumption about how likely the outcome is.
For instance, an event contract priced at $0.40 has an implied probability of 40%. Therefore, the more expensive an event contract is, the more the market believes in the outcome, and the opposite is true for cheap event contracts. If you hold correctly predicted contracts, you’ll receive a $1 payout per event contract, making it easy to calculate potential profits.
Keeping a watchful eye on industry news and updates is important whether you’re using DraftKings Predict bonus funds or cash from standard deposits. That’s because new information can cause market sentiment to shift rapidly, which leads to price swings as traders enter or exit positions tied to the event. Here are some of the top market movers to look out for:
| Topic | Factors influencing markets |
| 🏈 Sports | Injury reports, lineup changes, coaching decisions, player suspensions, weather conditions, and public sentiment |
| 📊 Economics | Inflation reports, interest rate decisions, unemployment data, GDP releases, Federal Reserve announcements, and global economic events |
| 🏛️ Politics | Election polls, televised debates, government policy changes, court rulings, geopolitical tensions, and breaking political news |
| 💰 Crypto | Regulatory updates, Bitcoin and Ethereum price swings, exchange news, social media hype, whale activity, and macroeconomic sentiment |
The DraftKings prediction platform has only launched very recently, and this naturally means the promotional lineup is still being developed. While there’s been no official statement, it would be reasonable to assume you’ll see more promotions added to the site in the near future. Therefore, following DraftKings on social media platforms and subscribing to the email newsletter is a smart way to stay looped in. If any new promotions are released, you’ll likely find an update posted across these different channels.
I’m a big fan of the promotional lineup at DraftKings Predict, especially the welcome bonus I received. This offer provided a healthy boost to my account’s balance with a variety of payment methods accepted and no promo codes required. The rewards could also be used to explore a wide range of prediction markets, and the minimum deposit was only $5. Beyond the welcome offer, you can also expect a rewards program and referral rewards.
Want to give it a go yourself? Then remember to click one of the promotional banners above to visit DraftKings. This will automatically qualify you for the welcome bonus when you register, verify, and make a qualifying deposit.
No promo codes are required to claim the DraftKings Predict welcome bonus, as long as you register using one of the links on this page.
You can deposit at DraftKings Predict using Visa, Mastercard, Apple Pay, Venmo, PayPal, or online banking. Transactions are processed instantly with no hidden fees.
Yes, DraftKings is a trusted prediction markets brand and is CFTC-regulated. Its promotions also offer transparent terms and conditions, so you know exactly what to expect.
Yes, the official website is optimized for mobile use, and DraftKings also has a native app for Android and iOS users.
If you are encountering difficulties when trying to claim or use a DraftKings Predict bonus, you can contact the support team via live chat.
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