Odds & Markets

/fees

What each platform actually charges

Sportsbooks state no fee. Prediction markets state one. Neither number tells you the whole cost, so this page computes it the same way for all 13 — from the two-sided prices each platform quotes on the same market.

Cost on a $100.00 stake, in dollars, if you win.

Treatment not yet confirmed: the fee treatment shown for ProphetX and OG Markets is a placeholder pending confirmation with the platform. Until confirmed, treat those rows as provisional.
Cost of doing business, by platform
PlatformWhere the cost sitsIn the priceStated feeTotal on your stake
ProphetXPrediction marketPending confirmationCharged in the price we show0.99%1.5% of profit$2.49
KalshiPrediction marketCharged in the price we show0.99%2.0% of profit$3.07
PolymarketPrediction marketCharged at settlement1.96%2.0% of profit$3.73
OG MarketsPrediction marketPending confirmationCharged in the price we show1.96%2.0% of profit$3.88
FanDuelSportsbook + predictionBuilt into the quoted price4.50%None stated$4.50
FanaticsSportsbookBuilt into the quoted price4.50%None stated$4.50
RebetSportsbookBuilt into the quoted price4.51%None stated$4.51
BetMGMSportsbookBuilt into the quoted price4.54%None stated$4.54
CaesarsSportsbookBuilt into the quoted price4.54%None stated$4.54
UnderdogDFS / SweepsBuilt into the quoted price4.54%None stated$4.54
OnyxDFS / SweepsBuilt into the quoted price4.54%None stated$4.54
DraftKingsSportsbook + predictionBuilt into the quoted price4.55%None stated$4.55
SleeperDFS / SweepsBuilt into the quoted price4.55%None stated$4.55
How we get a number for a platform that says it has no fee

A sportsbook states no fee. That does not mean it is free — its margin is inside the number it quotes, and the arithmetic above recovers it: add the implied probability of both sides of the same market and the amount by which the total exceeds 100% is the platform's cut. An exchange quotes a much tighter two-sided spread and then charges an explicit fee, so its cost is split across two places rather than hidden in one. Neither figure is a recommendation, and a lower cost on this page does not mean a better price on your selection — that depends on the line, which is what the comparison table is for.