DraftKings and FanDuel offer promotions for prediction markets

Major sports betting and prediction market platforms DraftKings and FanDuel are offering promotional incentives to new users.

DraftKings is providing a promotion where new customers can receive $150 in Predictions Dollars by trading $5 on various markets, such as MLB games. The bonus is distributed in $50 increments over a 14-day period.

FanDuel Predicts is also offering welcome incentives for its prediction market platform, which allows users to trade on sports, cryptocurrency, commodities, and financials. Availability for FanDuel's specific welcome offers is restricted to certain US states, including Alabama, California, Florida, and Texas.