Prediction Markets: FanDuel Predicts Expands Into California, Texas, Florida & 10 Other States
FanDuel Predicts expanded into California, Texas, Florida, and 10 other states on Wednesday. The prediction market platform, now available in 18 states, first went live in December.
The expansion leaves FanDuel Predicts prediction market in fewer than half of the states where traders can access DraftKings Predictions. The back-to-back December rollouts of these prediction-market products accelerate a rapidly forming race among major sportsbook operators to stake a foothold in regulated event trading.
The expansion of FanDuel Predicts prediction market into the three most-populous states in the country allows it to offer sports events contracts tied to the NFL Divisional Round playoffs this weekend and the College Football National Championship Game Monday night between Miami and Indiana.
DraftKings Predictions, meanwhile, operates live in 38 states, and offers a full slate of sports contract trading in 17 states. Both DraftKings Predictions and FanDuel Predicts offer said sports-related contracts in California, Texas, and Georgia - where sports betting remains illegal. Sports betting in Florida is limited to the Hard Rock Bet via a state compact the Seminole Tribe.
Legislators re-introduced a bill this week that would legalize Georgia sports betting through the state lottery. Both operators have said they would stop offering sports event contracts in any state that subsequently legalizes sports betting.
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FanDuel Predicts Offers Contracts On Finance & Sports
FanDuel Predicts partnered with CME Group to create the platform. Its impending launch was initially disclosed ahead of Flutter's Q3 earnings call in November.
FanDuel Predicts plans to offer event contracts nationwide on financial benchmarks in all 50 states. Those include the S&P 500 and Nasdaq-100, energy commodities including oil and gas, precious metals, cryptocurrencies, and major economic indicators like GDP and CPI.
Sports-related contracts will also be available across baseball, basketball, football, and hockey in states where online sports betting is not yet legal, excluding tribal lands. FanDuel said it will discontinue sports event contracts in any state that later legalizes online sports wagering.
“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, FanDuel’s Senior Vice President of Flywheel and New Ventures, in a December release.
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FanDuel Predicts: How Trading Works
FanDuel Predicts is a standalone mobile app, available on both iOS and Android, that allows users to buy and sell event contracts tied to real-world outcomes. Contracts are priced between $0.01 and $0.99 and can be traded by selecting “Yes” or “No” on whether an event will occur.
The platform integrates FanDuel’s existing Know Your Customer (KYC) process, requiring users to submit personal identifying information, including date of birth, Social Security number, home address, banking details, and a government-issued ID.
FanDuel Works With CME Group On Platform
The Flutter-owned gaming giant operates the platform in partnership with CME Group. That company's executives positioned the partnership as a key expansion of regulated prediction markets into mainstream consumer platforms.
“CME Group prediction markets will enable a new generation of users to express their views on global benchmarks, economic indicators, sports and more,” said Lynne Fitzpatrick, CME Group’s President and Chief Financial Officer, in a release.. “This launch is a pivotal step for expanding the reach of our products to FanDuel’s millions of registered users across the U.S.”
FanDuel said the Predicts app will include responsible-gaming safeguards similar to those found in its sportsbook products. Users will be able to set deposit limits, receive deposit alerts, or self-exclude, with access to mental health support services provided by Kindbridge Behavioral Health.
The rollout of FanDuel Predicts continues state by state through early 2026, further blurring the lines between traditional sports betting, financial markets, and regulated event trading in the U.S.
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