What is DKeX? It’s a valid question and one that we are going to answer right here. Well worth a look for anyone thinking of paying a visit to DraftKings to trade some prediction markets.
This guide will quickly show you how DKeX is a new software that will power the prediction markets at DraftKings. We’ll examine what this means for the brand and walk you through what it’s actually like to use the product. The good news is that it already looks like it’s having a positive impact.
DKeX is a new form of proprietary software that is now part of the DraftKings prediction markets product. The software is part of the DraftKings Sports and Casino app and it was unveiled on June 26, 2026.
Previously, DraftKings had relied on software from a third-party company. However, with a renewed focus on the increasingly-popular prediction markets trend, DraftKings made the change to develop its own software.
This came about after the brand acquired Railbird Technologies in October last year. This was the company that had already created its own prediction markets software, and DraftKings was also able to acquire Railbird’s licensing and regulation from the Commodities Futures Trading Commission. As a result, the newly-named DKeX prediction markets software will be federally regulated in all 50 states across the nation.
The fact that DraftKings now owns and operates its own prediction markets software means that it will have greater control of how it works. Already we have seen a few improvements such as a greater number of futures and props markets for the MLB, as well as more detailed in-play markets and statistics.
But beyond these minor improvements, the basic functionality of DKeX impresses with how it lets you trade. You’ll see that all of the event contracts are logically categorized, and you can check the relevant graphs to see the price movements and so on.
Purchasing and selling the event contracts is frictionless and the whole thing gives you a good idea of what you should be looking for in a prediction markets brand.
Anyone who’s had any experience of trading prediction markets at DraftKings should find the DKeX software easy enough to use. But if you are new to this kind of thing, here’s a quick rundown of what you need to do to sign up and make your trades:
Hit any of the links for DraftKings in the banners of this page to launch the brand’s site from the browser of your mobile device
Register your account by filling in the registration form with basic personal details like your full name, date of birth, mobile number, email address and home address
Verify your account by completing the KYC requirements
Add some funds to your account by making a deposit with one of the accepted payment methods (including cards, ACH bank transfers and Apple Pay)
Navigate to the prediction markets lobby and browse the event contracts to find the event that you’re looking for
Check the price movements of the event contract, select how many of that contact you want to purchase and make your trade
We should note here that DraftKings has updated DKeX with a variety of responsible trading tools that you can use to stop yourself from getting carried away. Features like My Budget are particularly useful as they offer you a flexible way to set your deposit limits and customize alerts for your trading activity.
It’s been predicted that the prediction markets industry will be worth up to a trillion dollars in annual trading volume by 2030, and understandably, DraftKings wants a piece of the action.
The brand has been fairly slow to get involved with the prediction markets trend, and it’s thought that market-leaders Kalshi and Polymarket dominate up to 90% of the market as it stands.
As such, the decision to own and operate its own prediction markets software couldn’t be better-timed, especially as DraftKings is already enjoying a 24% increase in year-on-year trading. Plus with a wider adoption of prediction markets among casual users such as sports fans, it’s expected that DraftKings could soon be claiming a larger share of the market.
It’s clear that DKeX is going to give you a hugely promising way to trade and you won’t even need a DraftKings Predicts promo code to make the most of it. After all, it builds on what was already a user-friendly and comprehensive piece of software with a new product featuring even more markets and the potential for much more customization.
It’s going to be fascinating to see whether these changes can help DraftKings catch up with market-leaders like Kalshi and Polymarket in an increasingly competitive prediction markets industry, and we’ll be sure to keep you updated with all of the latest information. But for now, simply click on any of the links for DraftKings in the banners of this page to download the app, sign up and give DKeX a try.
This means that you will be buying and selling event contracts for real-world events such as sports, politics and culture. Each of these contracts will be priced between $0.01 and $0.99, and it will be redeemed at a value of $1.00 if it proves to be correct.
Yes, you will have to be at least 18 years old to trade prediction markets at DraftKings. This means that you will have to verify your identity with some government-issued photo ID upon signing up.
Yes, our DraftKings Predicts review found that the brand is available in all 50 states across the nation. While that’s true, you cannot trade the brand’s sports contracts in 18 states.
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