FanDuel Predicts Fees: What You'll Actually Pay
One fee. 2% on payouts. No deposit fees, no withdrawal fees, no spread on entry. Here's exactly how it works with real math.
Quick Summary
How the 2% Fee Works
The fee is applied to your payout at resolution — not your position cost. You only pay when you receive money.
Settlement win: Buy YES at $0.60. Event resolves YES. Gross payout = $1.00. Fee = $0.02 (2% of $1.00). You receive $0.98. Net gain: $0.38 on a $0.60 position.
Early cash-out: Buy YES at $0.60. Market moves to $0.80. Sell early. Gross = $0.80. Fee = $0.016. You receive $0.784. Net gain: $0.184 on a $0.60 position.
Loss: Buy YES at $0.60. Event resolves NO. Payout = $0.00. Fee = $0.00. You lose $0.60. No fee charged on losses.
Fee Examples — Worked Out
| Position | Cost | Outcome | Gross Payout | 2% Fee | You Receive |
|---|---|---|---|---|---|
| YES @ $0.50 | $50 | WIN | $100 | $2.00 | $98.00 |
| YES @ $0.75 | $75 | WIN | $100 | $2.00 | $98.00 |
| YES @ $0.25 | $25 | WIN | $100 | $2.00 | $98.00 |
| Sell early @ $0.80 | any | EARLY EXIT | $80 | $1.60 | $78.40 |
| Sell early @ $0.40 | any | EARLY EXIT | $40 | $0.80 | $39.20 |
| YES @ $0.60 | $60 | LOSS | $0 | $0 | $0 (lost $60) |
Based on $100 position size for illustrative purposes. Actual fee = 2% of payout amount.
How FanDuel Predicts Fees Compare
| Platform | Fee Structure | Deposit/Withdraw | Transparency |
|---|---|---|---|
| FanDuel Predicts | 2% flat on payout | Free | Always visible before entry |
| Kalshi | Variable 1–3% per contract | Free | Varies — check each contract |
| Polymarket | Gas fees + bid-ask spread | Crypto conversion required | Variable — often unclear upfront |
| DraftKings Pick6 | Embedded in multipliers | Free | Hidden in payout structure |
Hidden Costs to Watch For
- ⚠Bid-ask spread on thin markets. The 2% fee is separate from the spread. On low-liquidity contracts, the gap between buy and sell price adds friction. Check the spread before entering on low-volume markets.
- ⚠Early cash-out at thin movements.If you buy at $0.60 and the market has only moved to $0.62, selling early barely covers the 2% fee. Don't exit early on minimal movement — hold or stay in the position.
Fees FAQ
What is the FanDuel Predicts fee?
2% on payouts. Applied at settlement or early cash-out. No deposit fees, no withdrawal fees.
Do I pay a fee if I lose?
No. The fee only applies when you receive a payout. If your contract resolves against you, there is no fee — you only lose your position cost.
Is there a deposit fee on FanDuel Predicts?
No. Debit card and ACH deposits are both free. There are no deposit minimums either.
How does the 2% fee affect my expected value?
The 2% fee reduces your net payout on wins. On a 60-cent contract that wins, you receive $0.98 instead of $1.00. Factor this into your edge calculation — you need slightly more than a 2% advantage over the market to be profitable long-term.
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