By PredictQ Team // Updated: July 2026
DraftKings Predictions charges a tiered per-contract commission: $0.01 per contract when the price is between $0.01–$0.19 or $0.97–$0.99, and $0.02 per contract at prices from $0.20–$0.96. No settlement fees. No deposit fees. No withdrawal fees. That’s the entire schedule.
The vagueness that followed the May 2026 fee change is gone. When DraftKings moved off its old flat model in May, the new structure took weeks to get fully documented in public sources. It now is, and with everything trading on DKeX (DraftKings’ own exchange, live since June 26, 2026) there’s no separate third-party exchange fee stacked on top the way there was in the CME and Crypto.com routing era. What you see below is what you pay.
The Fee Schedule
Two tiers, keyed to contract price:
$0.01 per contract: prices $0.01–$0.19 and $0.97–$0.99
$0.02 per contract: prices $0.20–$0.96
Settlement: $0. Hold to resolution and the payout is untouched.
Deposits and withdrawals: $0 at the platform level.
The logic mirrors what Kalshi does with its probability-weighted formula, just chunkier: cheap contracts and near-certain contracts cost less to trade, mid-range contracts cost more. The difference is DraftKings did it with two flat tiers instead of a curve, which makes mental math trivial.
Worked Examples
Buy 100 contracts at $0.55 and hold to a win:
Contracts: 100 × $0.55 = $55.00
Commission: 100 × $0.02 = $2.00
Settlement payout: 100 × $1.00 = $100.00, no settlement fee
Net profit: $100 − $55 − $2 = $43.00
Same position, but you sell early at $0.65:
Open: $55.00 + $2.00 = $57.00
Sell: $65.00 − $2.00 = $63.00
Net profit: $6.00
A longshot at $0.10, 100 contracts:
Contracts: $10.00
Commission: 100 × $0.01 = $1.00 (penny tier)
If it hits: $100 payout, $89 net profit
Notice what the early-exit example shows: selling before settlement means paying the commission twice. Holding to resolution costs one fee, total. If your style is buy-and-hold to settlement, DraftKings’ zero settlement fee works in your favor. If you trade in and out constantly, the round trips add up.
How It Compares
Cost to open a 100-contract position at $0.50 (about $50 notional) across the major platforms, July 2026:
DraftKings Predictions: $2.00, nothing at settlement
Kalshi: $1.75 taker fee at the 50-cent peak (probability-weighted formula, cheaper away from 50/50)
Polymarket sports: $0.75 taker; Polymarket geopolitics: $0
OG.com: $2.00 flat ($0.02/contract to open, $0 at settlement, $0.02 if you close early)
Robinhood: commission capped at $0.01 per contract (max $1.00 here), Gold subscribers up to 50% less, plus exchange fees
FanDuel Predicts: nothing to enter, 2% of your payout when you win or sell (win $100, pay $2)
A -110 sportsbook line: roughly 4.5% built into the price before you click
Honest read: DraftKings is mid-pack. Kalshi beats it slightly at coin-flip prices and meaningfully at the extremes. Polymarket’s sports rate is a third of DraftKings’ cost, and its geopolitics markets are free. Robinhood’s new pricing undercuts everyone on commission. But every single platform on this list, DraftKings included, is dramatically cheaper than sportsbook vig. Paying $2 on a $50 position (4% once) still beats laying -110 on both sides forever, and there’s no cashout haircut when you exit early, just the market price.
Combos Pricing
Combos (up to 6 legs, all must win) carry fees at the combo level under the same tiered structure. The bigger cost with Combos was never the commission. It’s the parlay math itself: multiplying probabilities compounds the market’s edge on every leg, same as sportsbook parlays. Trade them for fun, size them like it.
Deposits and Withdrawals
Every funding method is free at the platform level: debit card (instant), ACH (free, 1–3 business days at some banks), PayPal (instant), Venmo (instant), Apple Pay (instant, iOS), and PayNearMe for cash. Withdrawals are also free: ACH in 1–3 business days, debit and PayPal and Venmo typically within hours to a day.
Credit cards are off the table entirely. DraftKings stopped accepting them across all products in 2025.
No inactivity fees either, which some platforms in adjacent categories still charge. A dormant account costs you nothing.
The Moneyline Wrinkle
One quirk affects how fees feel on this platform. DraftKings displays prices as American odds (-150) rather than contract prices ($0.60), and it quotes your projected payout with fees already baked in. Convenient for casual bettors, slightly opaque for anyone trying to compute their exact per-contract cost. The contract price is visible in the trade details; check it when precision matters.
Keeping Your Costs Down
Hold to settlement when your thesis is about the outcome; one commission beats two. Favor the penny tiers when your strategy lives at extreme prices, since longshots and near-locks trade at half the commission. Skip Combos when you care about expected value. And fund via ACH or PayPal so nothing leaks on the banking side.
Bottom Line
DraftKings Predictions now has one of the simplest published fee schedules in prediction markets: a penny or two per contract, nothing at settlement, nothing to move money in or out. It’s cheaper than any sportsbook by a mile and modestly pricier than Kalshi or Polymarket on most trades.
Fees decide winners at the margin, and at these prices the margin is small enough that platform choice can come down to product and state access instead. If DraftKings has the markets you want in your state, the fees won’t be the reason to look elsewhere.
Disclosures: PredictQ may receive compensation when readers sign up for platforms through links on this page. Fee information accurate as of July 2026 and subject to change; verify the in-app fee disclosures before trading. DraftKings Predictions is operated by GUS III LLC, a CFTC-registered Introducing Broker; contracts trade on DKeX, DraftKings’ CFTC-licensed exchange. Trading event contracts involves significant risk and is not appropriate for all participants. This content is for informational purposes only and does not constitute financial advice. Must be 18 or older (19 or 21 in some states). If you or someone you know has a gambling problem, call 1-800-GAMBLER.