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FanDuel Sportsbook Review
FanDuel got its start as a daily fantasy sports operator, but they have emerged as a true leader in the sports betting industry. Most industry experts consider FanDuel as the top sports betting operator in the industry, and there are several reasons why.
Sports betting lines on FanDuel Sportsbook are presented in what is called the 'American. FanDuel CEO Matt King spoke about the booming growth of legal sports betting in the United States, particularly in + this photo to the FanDuel Sportsbook at Meadowlands Racecourse in New Jersey.
This FanDuel Sportsbook Review will point out some of the best components of the online sportsbook and discuss where this sportsbook is available. FanDuel continues to be a leader in the sports betting industry, and that will only grow as more states legalize sports betting.
Quick Recap
The following is a quick Fanduel Sportsbook Review. If you're looking for more details, please continue reading.
Sportsbook Overview
FanDuel Sportsbook is one of the most popular sportsbooks in the industry, and they have put up some terrific numbers since launching. FanDuel continues to grow and add more states, and that will likely remain the case for the next several years.
There was some concern in the industry about FanDuel’s ability to offer sports betting after it built its brand on the daily fantasy sports side of things. Those concerns were erased immediately as it became clear that FanDuel would be a major player in the industry.
One of the biggest reasons that FanDuel has become so popular is due to its terrific mobile app that gives customers a great experience. FanDuel has also partnered with several professional leagues or teams, and their marketing team has helped bring in a large number of customers.
FanDuel Sportsbook offers some of the best betting lines in the industry, and there are several unique ways to bet on sports at the site. The company has plenty of competitors in the growing industry, but they continue to stand out above the rest.
Even though FanDuel has not expanded into as many states as some of its competitors, it is a clear leader in most of the states where it operates. As more states legalize the industry, FanDuel will be looking to launch new sportsbooks throughout the country.
This FanDuel Sportsbook Review will explain the FanDuel brand and will point out some of the differences between this company as some of its competition.
Promo Codes or Special Offers
One of the biggest negatives about FanDuel Sportsbook is their lack of deposit bonuses. FanDuel does offer a welcome bonus for new customers, but their overall offer is much smaller than some of its biggest competitors.
FanDuel does not require a promo code to take advantage of the welcome offer, and it will be awarded to anyone that creates a new account. New customers can receive a risk-free bet up to $500, depending on the amount that is deposited when signing up.
One of the unique features of the FanDuel Sportsbook was the welcome back offer that they extended to all of their existing customers. FanDuel recognized that many bettors stopped betting when live sports shut down, and the company was hoping to get these customers back.
FanDuel credited all of their six million customers with a free $10 in their account to entice them to come back and get in on the action. Those customers could then take advantage of a $100 risk-free bet offer available for the first 24 hours that a customer re-activated their account.
States Available
Even though FanDuel Sportsbook has emerged as one of the leaders in the industry, they have not launched in as many states as some of their competitors. This decision was made by FanDuel, but the company is looking to expand in the coming months.
FanDuel Sportsbook has dominated the market in the states where they have launched, and their terrific mobile app is one of the main reasons. Despite being available in just a handful of states, FanDuel continues to bring in some huge numbers in betting handle and total revenue.
Their online sportsbook is currently available in just five states, and they also provide retail sports betting in both New York and Mississippi. These states have yet to legalize online sports betting, but FanDuel will likely move online when they do so.
The state of New Jersey was one of the first states to legalize sports betting following the decision from the Supreme Court, and FanDuel was ready to pounce. FanDuel has partnered with the Meadowlands to run a retail sportsbook as well as provide mobile betting.
FanDuel was also able to launch its brand in Pennsylvania by partnering with the Valley Forge Casino Resort. This partnership allowed FanDuel to provide both retail and online sports betting in the state.
West Virginia also took an aggressive approach in the sports betting industry, and FanDuel Sportsbook was able to launch prior to the start of the 2019 football season.
Indiana and Colorado are two of the most recent states to legalize sports betting, and FanDuel has a strong presence in both states. These two states are expected to become leaders in the industry, and FanDuel will play a huge role in that happening.
Funding your account: Deposit options
FanDuel Sportsbook wants to make the banking process extremely easy for their customers, and they offer a wide range of available deposit options. Some of these deposit options are not available in every state that they operate, but customers will still find plenty of suitable options.
Most customers don’t choose a sportsbook because of the available deposit options, but it’s one of the reasons that FanDuel is a leader in the industry. The quick and easy deposit process helps customers reload their account, and allows customers to get back in the game much quicker.
- Credit Card: One of the easiest ways for customers to reload their accounts at FanDuel is to use a credit or debit card. FanDuel Sportsbook accepts both Visa and Mastercard payments.
- PayPal: FanDuel Sportsbook has partnered with PayPal, and this is an acceptable form of deposit at the site. Customers can simply link their PayPal account at FanDuel to allow for quick and easy deposit transactions.
- Prepaid Card: A new feature to FanDuel, the company now offers its very own prepaid card. Customers can reload the account using cash or other forms of payment, and those funds can then be transferred to their sports betting account.
- ACH (ECheck): Customers can use their bank account to send an e-check to FanDuel Sportsbook to put more money on their account. Some banks don’t allow for this type of transaction to take place, and it’s important to check with your banking institution before initiating this transaction.
- Check: FanDuel Sportsbook will also allow customers to deposit money using a check, but this option is not extremely popular anymore. Depositing by check can also take up to a week to process.
- PayNearMe: PayNearMe kiosks and machines are set up at 7-Eleven stores in several states throughout the country, and this is an available deposit option for most customers.
- Casino Cage: Customers that live in a state where FanDuel operates a retail sportsbook can also visit the casino cage to place a deposit with a teller that is on duty. This process is extremely quick, and the funds will be available instantly.
Available Sports, Games, and Bets
FanDuel Sportsbook is extremely popular because of its wide range of sports offered, and available betting types. FanDuel has to follow state rules and regulations regarding what they can feature on their site, but they push the envelope in both categories.
Even though FanDuel is a company that is based in the United States, they also feature bets on some of the top international sports and leagues. FanDuel offers the most common betting types to their customers, as well as some unique betting options.
The list of sports offered at FanDuel continues to grow, but some of the biggest and most popular leagues continue to bring in the most betting action. Here are some of the sports that are featured at FanDuel Sportsbook throughout the US:
- Baseball
- Basketball
- Boxing
- Cricket
- Darts
- Football
- Golf
- Hockey
- NASCAR
- Other Motorsports
- Soccer
- Table Tennis
- Tennis
- UFC
FanDuel Sportsbook will offer common betting types on all of the sports listed below, but they also feature some of the best live betting options in the industry. Their in-play bets are easier to take advantage of through a mobile app, but this can also be done at a retail sportsbook.
Some of the most common betting types that are offered at FanDuel Sportsbook are moneyline, spread, total, futures, parlays, teasers, and prop betting.
FanDuel Sportsbook also offers alternate lines for a number of their bets, and they specialize in odds boosts as well. The sportsbook will display all of their boosted odds bets on their page or mobile app each day.
Withdrawal Options
Most online sportsbooks are limited in terms of the number of withdrawal options that they can offer, and that is the case with FanDuel Sportsbook as well. Even though there aren’t a huge number of available withdrawal options, FanDuel still provides a quick and easy banking process to customers that want to receive their winnings.
There are five withdrawal options available at FanDuel Sportsbook, but the deposit method that was used can limit the choices. FanDuel is quick and efficient when sending out winnings to their customers, but some withdrawal methods take longer than others.
PayPal is one of the available withdrawal options at FanDuel Sportsbook, but this is only available if used to deposit money. Customers are able to link their PayPal accounts to their FanDuel account when signing up.
FanDuel Sportsbook can also issue a check in two different ways to customers. A check by mail is one of the available options, but this process can take more than a week to complete. Customers can also request an e-check as long as the company has the customer’s bank information.
FanDuel Sportsbook also has its own prepaid card, and customers can reload money onto this card at any time. Customers can then use the prepaid card to fund their sports betting account.
Finally, customers can visit a casino that has partnered with FanDuel to receive their winnings in person.
Company History
FanDuel Group is a company that is based out of New York City, and the company was founded in 2009. There were five men that are credited with being co-founders of the company, and FanDuel is now the second biggest DFS provider in the United States.
Nigel Eccles, Lesley Eccles, Tom Griffiths, Rob Jones, and Chris Stafford were the five men who founded the company in 2009, and they have seen tremendous growth and wealth since that time.
The company now employs more than 1,000 people worldwide, and they have more than 6 million members signed up throughout the United States. The co-founders worked at Hubdub, a news prediction site, and they wanted to find a way to make sports betting more exciting for the average fan.
In 2015, the company announced that it was now valued at more than $1 billion after a series of funding took place. In 2016, some workers at DraftKings won more than $6 million by using their knowledge of the industry, and the two competitors agreed to prohibit employees from playing at either site.
Later in 2016, DraftKings and FanDuel announced that they intended to merge, and the companies were able to agree on the deal. The Federal Trade Commission shut down the merger because they feared that this transaction would create a monopoly in the industry.
Irish bookmaker Paddy Power Betfair acquired FanDuel in May 2018. Paddy Power Betfair is now known under the name Flutter Entertainment. Flutter Entertainment has continued to operate under the FanDuel name as the company has built up a huge customer base throughout the US.
FanDuel broke into the sports betting industry in 2018 when the company launched its brand of sportsbook at the Meadowlands Race Track in New Jersey. FanDuel was able to partner with the Valley Forge Casino in Pennsylvania in March 2019, and they have continued to grow since that time.
FanDuel Sportsbook is one of the most popular sportsbooks in the country, and for a good reason. FanDuel provides a wide range of sports betting options. From Australian Rules Football to Tennis, if you want to bet it, odds are FanDuel Sportsbook has it. Another reason they are a great sportsbook, their number of live betting options. You can access the FanDuel Sportsbook virtually any time of the day and see live odds continually changing.
NFLOdds Boosts
This is one of the best features that separates FanDuel Sportsbook from the rest of the competition. Each day FanDuel offers players a chance to win a little extra money with their “Odds Boosts” bets. What are Odds Boosts? Odds Boosts are an added value to a bet or parlay. Examples of this could include “Yankees win, and Mets lose,” and the value could be boosted from +150 to plus +200. It could also be as simple as “Serena to win Wimbledon” boosted from +100 to +175. There is a max bet associated with most Odds Boost bets, but for the added value, it is certainly worth the limitations.
Explaining How Odds Work
For those who are new to sports betting, a sportsbook can look a little confusing at first, but it is straightforward to understand everything you are seeing. You may see a number attached to a certain bet, such as +150 or -110. These are the odds that payout for that particular bet. If you see a bet selection with +150, that means for every $100 you risk, you win $150 in return. So if you bet $300, you would win $450 on that bet. When you see a -150, that will work the opposite way. You would have to wager $150 to win $100. So if a bet has a line of -120, you would need to bet $120 to win $100. If you bet $100 on that -120, you would only win $83.33.
Don’t worry. The FanDuel Sportsbook does all the calculations for you; all you have to do is input your desired betting amount. The bet slip will show you how much you can win for the particular bet you have chosen.
Common Types of Bets
There are a lot of different betting options, but we are going to stick to the basics for now. The most common types of betting are “Money Line”, “Spread”(sometimes referred to the “Run Line” in baseball and the “Puck Line” in hockey), and “Total”.
Money Line
“Money Line” betting is the simplest and most common form of betting. This means you are betting who will win the game or match. It is that simple. If you would want to bet on the Green Bay Packers to win against the Pittsburgh Steelers, no matter by how much, all you would do is place a Money Line bet. For favorites, the payouts are smaller on Money Line bets. For underdogs, the payouts are higher.
Spread
The “Spread” is the score set by the sportsbooks that your bet must either win by if they are the favorite or “cover” if they are the underdog. Covering means an underdog doesn’t lose by the amount of the spread or more. An example of this would be if the Packers were favored by seven points. You would see Green Bay-7 in the sportsbook, and in return, you would see Dallas+7. This means if you bet the spread, the Packers have to win by more than seven for that bet to win. If you take Dallas, they can lose by as many as six points or even win the game, and you win your bet. The Spread is how a sportsbook evens the playing field for underdogs.
Total
The “Total” is another simple and common way of betting. This means you are betting the “Over” or “Under” on a specific game. In an NFL game, you could see a total of 40 points. If you bet the Under, you would need the combined score of the two teams playing in that game to be less than 40 points to win your bet. If you take the Over, any total in that game higher than 40 points will get you the win.
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