FanDuel Predicts Goes Nationwide: Prediction Markets Now Live in All 50 States
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In a landmark move for the U.S. prediction market landscape, FanDuel Predicts has officially launched its standalone app across all 50 states. The rollout, supported by a massive strategic investment from parent company Flutter Entertainment, marks the first time the FanDuel brand has achieved a truly national footprint.
Trading on real-world events on FanDuel Predicts is now available across all 50 states, including the two biggest ones — California and Texas. The move is a huge deal, not only for the FanDuel Predicts brand, but also for the entire prediction markets industry in the United States.
Growing Quickly
FanDuel Predicts first launched less than a week before Christmas in just five states. Just three weeks later and that number has more than tripled. The list of states with active prediction markets trading on the FanDuel platform includes Florida, California, and Texas, three states that have a combined population of over 90 million residents.
Last week, a flurry of activity eventually saw their offering expand to all 50 states. While the app is available in every state, the offerings are split into two distinct tiers to navigate the complex U.S. regulatory environment:
- Sports Event Contracts (18 States): Residents in states like California, Texas, Florida, and Georgia—which do not currently offer legal online sports betting—can now trade contracts on the outcomes of NFL, NBA, NHL, and college sports games.
- Non-Sports Markets (32 States): In states where FanDuel already operates a traditional sportsbook, the "Predicts" app focuses exclusively on non-sports markets to avoid regulatory overlap. These markets include politics, finance, economic indicators, and pop culture.
How FanDuel Predicts Works
Developed in partnership with the CME Group, one of the world’s largest derivatives marketplaces, FanDuel Predicts operates as a peer-to-peer exchange. Users trade "Yes/No" event contracts where prices reflect the market’s perceived probability of an outcome.
The platform offers a diverse array of markets:
- Finance & Economy: Predicting Federal Reserve interest rate hikes or corporate earnings reports.
- Politics & World Affairs: Outcomes of elections or geopolitical events.
- Mentions: A unique market where users can trade on whether specific public figures will use certain words during speeches or press briefings.
- Science & Tech: Contracts on space exploration milestones or climate records.
Each contract has a simple binary structure, and the app charges a transparent transaction fee—typically two cents per dollar of the potential payout.
What are Prediction Markets?
The prediction markets industry is fast-growing in the U.S. FanDuel, a global casino giant, is one of a few major brands that have entered the space in recent months, alongside existing brands such as Kalshi and Polymarket.
Sports prediction markets give sports enthusiasts an opportunity to make money trading on the outcome of various sporting events. Shares on a yes/no contract can be bought and sold on trading platforms such as FanDuel Predicts. Traders can hold onto their shares for as long as they want, or sell them off, until the contract expires. In the case of a single game, the contract expires at the end of the game.
During a recent earnings call, Flutter CEO Peter Jackson revealed that the company has earmarked between $200 million and $300 million to scale FanDuel Predicts.
“We’re very excited about FanDuel Predicts,” Jackson said. “The ability to take this sports product to the half of America that can’t currently access the sports betting product is tremendously exciting.
“The ability to partner with CME and leverage all the years of experience we have and built over the years with Betfair exchange will make a very formidable competitor – and we have to put money behind it. I think it is important that we put strong investment behind this. We have an incredible brand, [...] and I think we’ll have a market leading product in Q2 [2026].”
