
FanDuel Predictions is the brand-new prediction market arm of the FanDuel brand that has recently launched, and I’ve had the pleasure of testing it to create a detailed FanDuel review.
I can immediately see that this will be one of the best prediction market sites available, as not only does it have a solid selection of markets, including sports, crypto, economics, and financials, but you’re all in on the established FanDuel brand and its well-oiled setup. Read on to learn more about what the Predictions app offers.
FanDuel Predictions is an additional branch of the overall FanDuel group. It facilitates the purchasing and trading of prediction market contracts based on the results of real events. For example, when creating this FanDuel Predictions review, I saw markets relating to the projected price of Bitcoin, and it even covers certain events such as national elections.
You, the customer, essentially buy “yes” or “no” contracts that answer to different propositions at the current market value. You can then sell these contracts if the price fluctuates in your favor, or hold them until the event occurs. If at the time the event occurs or the deadline passes, you are holding contracts where you got the prediction right, you will get a payout equal to the original multiplier of the trade contract and the number you bought.
I’m 100% confident that FanDuel Predictions is legit - I’ve had years of experience using other FanDuel products, and from the research I’ve done, this new section complies with all the required regulations.
This new app does NOT require a gambling license because it isn’t sports betting. Instead, because it deals in trade derivatives, it has to be regulated by the appropriate financial authorities. I have checked, and FanDuel Predictions is indeed regulated by the Commodity Futures Trading Commission (CFTC). It works in partnership with the CME Group, which is registered and regulated in the US.
When using the app, I was able to get help in a range of different ways, including a live chat and a vast help center. This is something that FanDuel always does well, and I was impressed with the amount of documentation they have relating to the prediction markets and how everything works. They have really done a great job of ensuring people can learn about prediction markets before jumping in and using their own money.
I’ve got no doubts about the security and safety of the app either. When I tested it, it had SSL encryption, and there’s various verification requirements when you create an account. Additionally, FanDuel uses geoblocking tools to ensure that only US customers can access the prediction markets features. This operator also has some of the most robust documentation and transparency you’ll find in relation to your rights when using the site, how everything works, and things such as responsible trading, and user privacy.
Similar to the customer support, you also get an excellent banking setup thanks to the established processes the brand already has in place. I was able to make deposits at FanDuel Predictions using a diverse range of payment methods such as Visa, MasterCard, PayPal, Bank Transfer, and other e-wallets. I had no concerns about payment security, and the deposits I made were processed instantly with no fees. For withdrawals, it’s just as quick a service, and generally, the withdrawals I made were processed instantly, or in 24 hours at the most.
There are no FanDuel betting markets, but instead, there are prediction markets where you can purchase the yes or no answer for various real-world propositions. The main categories that I found here include:
Sports has limited state availability, but as you would expect, there is an emphasis on US pro league markets like the NFL, NBA, MLB, NHL, and MLS. I found a great selection of markets for global sports and leagues though, like soccer, tennis, golf, and motorsport. For most of the games and competitions, you have a range of prediction markets that are similar to proposition bets that you would make at an online sportsbook.
There are other sections though, specifically finance, economics, and commodities, and this is where things start to get interesting. There’s predictions for everything you can imagine such as election results, government decisions, prices of crypto and precious metals, and even company valuations.
I think compared to some other dedicated prediction markets sites I’ve tried, FanDuel does still have room for growth, and it does need to add more markets. Additionally, because the app is relatively new, the trade volumes are not as high as what they could be in the future with a larger customer base.
You can find more information about the bonuses here via my separate FanDuel Predict promo code review. I’ll at least give you some starting information in this guide though.
I did actually find a sort of welcome bonus for FanDuel Predictions where you can get the following:
I know this might seem a little lacking, but I was actually surprised to see any type of bonus at all. The terms and conditions are incredibly simple too:
Also, this bonus is only available in the following states - Alabama, Alaska, California, Delaware, Florida, Georgia, Hawaii, Idaho, Minnesota, Nebraska, New Mexico, North Dakota, Oklahoma, Rhode Island, South Carolina, South Dakota, Texas and Utah.
Overall, I think this is a pretty good welcome bonus! You get a little extra USD to purchase prediction contracts with, and the terms and conditions are incredibly lax.
The thing you have to remember about prediction markets sites is that they are NOT like online casinos and sportsbooks. As a result, there typically aren’t many (if any at all) promotions or bonus features. It’s just not how these sites work. I found that this is the case with FanDuel Predictions - outside of the welcome bonus, there aren’t any other promotional features and I don’t expect this to change anytime soon.
For this FanDuel Predictions review, I spent a good chunk of time testing the app and its usability to see how easy it is to browse the prediction markets and purchase trade contracts. At this point in time, it is an app-only operation and there is no desktop version of the trading dashboard. I would like to see this changed in the future, as not everyone wants to do this on their smartphone.
If you use our links or banners, you will be directed to the official desktop website landing page of FanDuel Predictions. From here, you can learn about how the app works and its features, plus get download links for the Google Play Store and App Store versions. There is no ability to register an account via the desktop landing page though.
I’ve used other FanDuel apps before, so I was expecting great things from the Predictions app, and I wasn’t disappointed. It’s available from the Google Play Store or App Store, and I tested the Android version. It has a smooth user interface, and I was impressed by the navigation for the different prediction markets. Account management is also simple, and you can easily make deposits and withdrawals and purchase trade contracts. I think they have done a good job of simplifying the prediction market “yes” and “no” features, too - if you are new to this type of site, you should be able to grasp the overall process easily.
FanDuel dipping into the derivatives prediction market is a big move, and after creating this FanDuel Predictions review, I am incredibly happy with what I saw. It’s a legit app that’s fully regulated, and it even comes with a solid range of prediction markets covering sports, finance, economics, and commodities. You also get the benefit of the established FanDuel functionality and features from their other sites, so it just feels well-built and smooth.
I want to see a desktop version of the Predictions app in the future, though, and there is room to add more prediction markets. However, I already rate this as one of the top apps of its kind available. If you want to try it out for yourself, all you have to do is click the links or banners I’ve got on this page and get signed up.
Yes. FanDuel Predictions works in partnership with the CME Group, and is fully regulated by the CFTC, which allows it to legally offer trade derivatives in the US.
This is a prediction markets trading app. You buy, sell, and hold “yes” or “no” trade contracts on real-world events such as the price of Bitcoin, sporting events, and economic predictions.
At the time of writing this FanDuel Predictions review, the finance, economics, and commodities markets are available in all 50 states. Sports predictions are available in 36 states.