DraftKings Predictions fees explained

Trading fees

DraftKings applies a transaction fee on event-contract trades rather than building a sportsbook-style margin into the odds, so the cost is shown explicitly on each market. Funding in and out is generally free at the DraftKings level, though your bank or PayPal may apply their own charges.

Check the fee displayed on each market before confirming — it can vary by market and by how liquid that market is.

Funding costs

Because DraftKings Predictions funds in US dollars through standard methods, depositing and withdrawing is generally straightforward and low-cost, with no crypto network fees to worry about. See the deposit and withdraw guides for the exact funding steps and timing.

How it compares

No prediction market is truly free to trade — the cost simply shows up differently from one platform to the next, whether as an explicit per-contract fee, a spread baked into prices, or a built-in margin. To weigh DraftKings Predictions against the rest, see the platform rankings, the lowest-fee platforms roundup, and the cross-platform profit calculator, which lets you factor any fee into a trade to see your real ROI. And remember that fees are not the only cost of trading — see our guide to taxes on prediction-market winnings.

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Fee structures change; this is a general explanation, not a fee schedule. Check DraftKings Predictions’s current fees in-app. 18+.

Frequently asked questions

Does DraftKings Predictions charge fees?

DraftKings applies a trading fee on event-contract transactions rather than a sportsbook-style margin; check the cost shown on a market before you trade.

How can I see the cost before trading?

Check the cost shown on a market before you confirm, and use our profit calculator's fee field to see the effect on profit and ROI.