FanDuel Predicts Launches with $100 Bonus for New Users

The sportsbook operator FanDuel has launched its entry into prediction markets, FanDuel Predicts, which offers users a chance to win a $100 bonus. To receive this reward, new users must trade at least $1 on any market for five consecutive days.

Unlike traditional betting platforms, FanDuel Predicts allows users to buy and sell contracts on real-world outcomes, such as the value of Bitcoin or the next unemployment print. This format is also used in finance-heavy markets like S&P 500 futures.

The promotion is available to new users in Alabama, Alaska, California, Delaware, Florida, Georgia, Hawaii, Idaho, Minnesota, Nebraska, New Mexico, North Dakota, Oklahoma, Rhode Island, South Carolina, South Dakota, Texas, and Utah. To participate, users must sign up through an eligible link and complete a series of steps, including verifying their identity and depositing at least $10.

The platform also offers a refer-a-friend program, which rewards current users with $20 for every friend who signs up and trades $5 or more, capped at 10 referrals or $200 per month.