FanDuel Predicts Debuts in Five States

FanDuel has launched its prediction market product, FanDuel Predicts, in five states, becoming the third major U.S. sportsbook to enter the sports event contract space this month.

The rollout, announced Monday, makes FanDuel Predicts available in Alabama, Alaska, North Dakota, South Carolina, and South Dakota through a partnership with CME Group. The companies said the launch marks the beginning of a phased national expansion that will continue through early 2026.

Sports and Market-Based Event Contracts

FanDuel Predicts most notably offers sports-related event contracts covering baseball, basketball, football, and hockey in states without legal online sports betting, excluding tribal lands. FanDuel said it will pull down sports event contracts in any state that later legalizes digital sports betting.

In addition to sports, the platform offers event contracts nationwide tied to financial benchmarks such as the S&P 500 and Nasdaq–100, commodities including oil, gas, and gold, cryptocurrencies, and economic indicators such as GDP and CPI.

Customer Experience and Verification

“We’re giving our customers a new platform to engage with the world around them — whether that’s the next Fed rate decision or a sports event,” said James Cooper, senior vice president of flywheel and new ventures at FanDuel. “This launch in five states will provide valuable insights into customer engagement with this new platform, enabling us to refine our approach as we expand to additional states in 2026.”

FanDuel Predicts is a standalone mobile app available in the Apple App Store and Google Play. Users must complete FanDuel’s standard “Know Your Customer” verification process, including submitting a birth date, Social Security number, and a government-issued ID. Customers can buy or sell event contracts priced between $0.01 and $0.99 by selecting “Yes” or “No” on whether a specific outcome will occur.

Responsible Gaming Measures

FanDuel said it will extend its sportsbook responsible gaming and consumer protection tools to FanDuel Predicts. Customers will be able to set deposit limits and alerts, self-exclude, and access mental health resources through Kindbridge Behavioral Health.

Prediction Markets Grow Amid Regulatory Scrutiny

The FanDuel launch follows recent prediction market rollouts from DraftKings and Fanatics, as major sportsbooks continue to expand event contracts amid growing regulatory scrutiny.

While the Commodity Futures Trading Commission has not formally approved sports-related event contracts, it has allowed exchanges to self-certify new products, creating a legal gray area that has drawn legal opposition from several state regulators and gaming stakeholders.

Meanwhile a growing number of states have threatened to revoke sports betting licenses for companies that offer sports event contracts.