FanDuel Predicts Fees 2026: Costs, Hidden Friction & Value Analysis
Updated March 2, 2026
Updated March 2, 2026
FanDuel Predicts charges a 2% transaction fee based on the potential payout of a trade. The fee is displayed before you confirm the transaction, making the direct cost relatively easy to see.
The same transaction fee can also apply if you sell or cash out an eligible position before the event settles.
Key points:
The main cost to know about is the 2% transaction fee.
FanDuel Predicts calculates this fee based on the potential payout of the transaction rather than simply charging a percentage of the amount you deposit.
The fee is included in the trade information shown before you confirm your position, allowing you to see the cost before committing funds.
This is different from a traditional sportsbook, where the operator's margin is generally built into the odds rather than displayed as a separate transaction fee.
The easiest way to understand the fee is to look at the potential payout.
For example:
Trade Detail | Example |
|---|---|
Potential payout | $50 |
FanDuel Predicts fee | 2% |
Transaction fee | $1 |
A potential payout of $50 therefore produces a $1 transaction fee.
The exact amount you commit to contracts and your potential return will be displayed in the app before the trade is confirmed.
This transparency makes it relatively straightforward to account for FanDuel's fee when comparing prices with another prediction market.
FanDuel Predicts allows users to sell or cash out certain positions before the underlying event has been settled.
If cash out is available, the 2% transaction fee also applies to the applicable payout when selling the position early.
This matters for active traders.
A user who enters a position and later exits before settlement can therefore face transaction costs at more than one stage of the trade. Frequent buying and selling can make fees more significant than they are for someone who simply enters a position and holds it until settlement.
Cash out is not guaranteed to be available on every contract or at all times.
FanDuel Predicts does not advertise a standard platform charge simply for depositing or withdrawing funds.
However, users should always check the banking screen before completing a transaction because available payment methods, limits and third-party banking costs can change.
This is separate from the 2% trading fee.
In other words, the main platform cost associated with using FanDuel Predicts is tied to trading rather than simply moving money into or out of the account.
For more information, see our FanDuel Predicts Banking Guidelines.
The 2% transaction fee is not the only factor to consider when deciding whether a FanDuel Predicts trade offers value.
FanDuel Predicts is a peer-to-peer market. Prices are influenced by trading activity rather than FanDuel simply setting traditional fixed sportsbook odds.
Event contracts generally represent a Yes or No outcome, with prices reflecting the market's assessment of how likely that outcome is.
A higher-priced contract has less potential upside if it settles at its full value, while a cheaper contract offers a larger potential return but represents an outcome the market currently considers less likely.
Users should therefore consider:
These factors determine the real cost and potential value of a trade.
Yes.
Even when a platform's published transaction fee is straightforward, market liquidity can create an additional indirect cost.
There can be a difference between the prices available to buyers and sellers. This is commonly known as the bid-ask spread.
For example, you may be able to buy a position at one price but only sell it immediately at a slightly lower price.
The wider that gap, the more the market needs to move in your favor before an early exit becomes profitable.
This is why comparing prediction markets based only on their advertised trading fees can be misleading. Liquidity and available prices can matter just as much, particularly for larger or more frequent trades.
FanDuel Predicts is not structured like a traditional sportsbook where the operator sets a betting line and takes the opposite side of the wager.
FanDuel describes Predicts as a peer-to-peer product.
Contract prices reflect activity in the underlying prediction market and can move as traders buy and sell positions.
This means there is genuine market price discovery rather than a fixed margin simply being embedded into sportsbook odds.
FanDuel Predicts accounts are carried by FanDuel Prediction Markets LLC, a registered Futures Commission Merchant, while the event contracts are listed on CFTC-regulated derivatives exchanges.
No.
FanDuel states that Predicts customers cannot lose more than the amount committed to a position.
Event contracts offered through FanDuel Predicts are subject to full-margin requirements. This means users must have enough funds available to cover the maximum potential loss of the position rather than using the type of leverage associated with many traditional futures products.
If your prediction is incorrect, you can lose the amount committed to the position, but FanDuel says you will not be charged additional losses beyond that amount.
Trading still involves significant financial risk, and a contract can lose its entire value.
FanDuel Predicts and Kalshi both charge transaction fees, but they calculate them differently.
FanDuel Predicts uses a relatively simple model:
Kalshi uses a variable fee formula based partly on the contract price and expected earnings. The fee can therefore change depending on where a contract is trading.
Some Kalshi markets can also have maker fees or special fee schedules.
This means neither platform is automatically cheaper on every trade. The contract price, order type and individual market can determine which offers the better overall cost.
Polymarket US also uses a different fee structure from FanDuel Predicts.
Rather than FanDuel's flat 2%-of-potential-payout approach, Polymarket US uses a trading-fee formula that changes with the price of the contract. Its current structure also distinguishes between orders that take liquidity and orders that provide liquidity.
As a result, comparing the headline fee alone does not tell the full story.
Before choosing between FanDuel Predicts and Polymarket, traders should compare:
The platform with the lowest published fee will not necessarily provide the cheapest trade if another market offers a better contract price.
FanDuel Predicts' fee structure is relatively easy to understand because the main transaction fee is shown before a trade is completed.
However, whether it is expensive depends on how you use the platform.
For someone who enters a position and holds it until settlement, the 2% transaction fee is relatively straightforward to account for.
For more active traders who regularly enter and exit positions, transaction fees and spreads become more important. Paying another fee when selling early can reduce returns, particularly on trades with relatively small expected profits.
The best way to judge value is therefore to compare the total cost of the position, not just the headline fee percentage.
FanDuel Predicts charges a 2% transaction fee based on the potential payout, with the cost displayed before you confirm a trade. The same fee structure can apply when an eligible position is sold or cashed out before settlement.
There is no traditional sportsbook vig because FanDuel Predicts operates as a peer-to-peer event-contract platform rather than a standard sportsbook.
However, the published fee is only one part of the cost of trading. Contract prices, liquidity, bid-ask spreads and the cost of exiting a position early can all affect the final return.
For occasional users, the fee model is relatively simple. More active traders should pay closer attention to the total cost of entering and exiting positions and compare available prices across prediction markets before trading.