In a significant expansion, FanDuel has rolled out its sports prediction markets platform, FanDuel Predicts, to all 50 US states. Furthermore, 13 additional states now have access to sports contracts, raising the total number to 18.
What Does FanDuel Predicts Offer?
FanDuel Predicts is a standalone app that was developed in partnership with the CME Group and introduced in late December 2025. The platform distinguishes itself by offering “event contracts,” which function as yes/no positions on a wide range of outcomes. Users can choose from multiple categories, including sports, financial markets, economic indicators, cryptocurrencies, and more.
The app initially launched in five states: Alabama, Alaska, North Dakota, South Carolina, and South Dakota. Its recent expansion into more populous states appears to be a strategic effort to tap into large markets where conventional sportsbooks are currently restricted.
The expansion now covers several of the nation’s largest states, including California, Florida, and Texas, which collectively represent more than 90 million residents, which is about a quarter of the US’s population. Because of legal constraints, these two states have had little to no access to traditional online sports betting, positioning FanDuel’s alternative model as a potential disruptor in the wagering market.
FanDuel Continues With Its Rapid Expansion
Unlike traditional sports betting, FanDuel Predicts operates as a peer-to-peer marketplace, allowing users to buy and sell shares based on the perceived probability of an event occurring. While it resembles platforms such as Kalshi and Polymarket, FanDuel Predicts benefits from FanDuel’s established brand and extensive user base.
FanDuel is also betting that the legal separation between event contracts and conventional wagering will fuel user growth and engagement in states where sports betting remains heavily restricted. However, it should be noted that the company said that it would not offer sports contracts in states where it already operates a sportsbook to avoid regulatory issues.
A lot of FanDuel’s rapid growth recently could be attributed to a partnership with CME Group in 2025. With it, the former company gained access to federally regulated prediction markets, joining a growing number of sports betting companies getting involved in this space.
However, despite the rapid growth, obstacles still remain in front of FanDuel and other companies offering similar products. Currently, they are all regulated by the Commodity Futures Trading Commission, but many have criticized this model and have called for more federal involvement.