FanDuel Sportsbook is one of the most well-known sportsbooks in the United States. Many bettors rely on FanDuel for their sports betting because of its widespread availability and amazing features.
FanDuel was founded in 2009 and was originally just a fantasy sports company. The closest thing the company had to betting was fantasy sports involving cash wagers and prizes.
Fantasy sports betting was allowed throughout most of the country because it’s considered a game of skill, so FanDuel grew its name in this fashion.
Once the Professional and Amateur Sports Protection Act was overturned in 2018 by the Supreme Court in a 6-3 decision, sports betting could be legalized by each state. There were rumors of this decision coming in the years leading up to 2018, so people began to prepare, including bookmakers.
The FanDuel name had the potential to create a massive sportsbook, so Paddy Power Betfair made an offer to acquire the company.
Paddy Power Betfair was a bookmaking service out of Ireland. The merger was completed on July 11, 2018, and the first land-locked sportsbook was opened in New Jersey a few days later.
The FanDuel mobile sportsbook has grown immensely since 2018. It’s available in eight states, and the company has plans to continue growing.
States where FanDuel Sportsbook is legal
FanDuel Sportsbook has a massive presence throughout the country. FanDuel has a legalized mobile book in eight states: Illinois, Iowa, Indiana, Colorado, New Jersey, Pennsylvania, Tennessee, and West Virginia.
It’s scheduled to launch in Michigan in 2021, which will make nine total states that have FanDuel Sportsbook.
FanDuel’s headquarters are in New York City, so New Jersey is one of the book’s prime locations for mobile betting. It was where the first book was launched following the PASPA ruling, so this state helped grow the book.
Daily fantasy was a huge industry in New Jersey before betting was legalized. The legalization of sports betting in the state allowed over one million FanDuel fantasy users to start betting on the mobile sportsbook.
This allowed a seamless transition into the new sport betting market for FanDuel Sportsbook. Daily fantasy sports were a catalyst for the company to establish a trustworthy book right from the start.
FanDuel Sportsbook has generated a massive amount of revenue in the states where it’s legal. FanDuel Sportsbook is consistently at the top of the leaderboards in handle and revenue every month in most states.
In the state of New Jersey in 2019, FanDuel surpassed its arch rival, DraftKings Sportsbook, for the largest amount of generated revenue. This has been a theme throughout the nation.
For the entire year of 2019, the sportsbook’s collective revenue was $419 million. This was close to a 50% increase from 2018, which leads the sports betting industry in year-to-year growth. In its eight legal states, the book has close to 400,000 registered players.
Features that Set FanDuel Sportsbook Apart
FanDuel has put a lot of money behind its sportsbook. It can afford to do this as a company that’s worth a lot of money. This has allowed it to create a sportsbook that other companies can’t rival.
The interface on the mobile book is easy to use for new bettors who are unfamiliar with FanDuel technology. It’s also very similar to the FanDuel daily fantasy app, so experienced users will love the interface as well.
You’re able to find all tabs on the main screen. They aren’t hidden like other sportsbooks in the industry.
Paddy Power Betfair, which runs the app, emphasized ease with its sportsbook. It designed it in a way that’s similar to many social media apps, so the interface is unlike most competitors.
FanDuel is also one of the fastest books in the industry when it comes to early lines and extensive betting menus. FanDuel has everything you’d expect a big-name book to have in its menu.
Odds are also posted early, which can benefit experienced handicappers looking to get a leg up on the house. It has tons of sports for players to bet on outside of the mainstream realm.
Some of the interesting sports on the book are darts, cricket, rugby, and table tennis. The extensive betting menu never gives players a dull moment while using FanDuel Sportsbook.
Bonuses and Promotions on FanDuel Sportsbook
FanDuel Sportsbook has improved with its bonuses ever since it launched in 2018. Its new user bonus is somewhat generous and different from a lot of the competition in the mobile sportsbook industry.
To receive the sign-up bonus, all you have to do is create an account, make a deposit, and place a bet. FanDuel makes your first bet risk-free up to $1,000.
This gives you a chance to roll the dice right away with no fear, but don’t forget that this isn’t for your first loss. It’s just for your first bet.
If you place two bets immediately after creating your account, the promotion will only apply to the first bet placed on your slip. This isn’t a great bonus because if you win your first bet, you don’t receive any bonus.
Despite this, if you’re a high roller and you’re looking for an insurance policy, you will love FanDuel’s sign-up bonus.
FanDuel Sportsbook has eight other promotions for players who join the site. These vary depending on the sport. Most of the book’s promotions involve parlay insurance.
FanDuel has insurance for parlays involving multiple sports. The book also has an individual parlay insurance promotion for college football and basketball. Each parlay promotion has the same insurance policy.
If you place a parlay with five or more legs and you hit each bet except for one, you’ll receive up to a $25 free play credit from the book. FanDuel also offers a variety of free contests for players to win real money. During football season, the book offers two weekly free play contests with a total prize pool of $30,000.
Banking Options at FanDuel Sportsbook
FanDuel Sportsbook is a high-quality book, and this is evident with the banking options it provides players. There is a typical amount of banking options that above-average books provide, and FanDuel fully meets this standard.
The deposit methods vary by state, but FanDuel has eight methods available for its players. These include cash at the FanDuel Cage, credit/debit card, FanDuel Prepaid + Card, PayNearMe, PayPal, online banking, a check, or a wire transfer.
The credit and debit card companies that FanDuel accepts are Visa and MasterCard.
To claim your winnings, you can collect cash at the FanDuel cage, use PayPal, a prepaid card, a check, or an online banking method. PayPal is one of the most popular ways to collect winnings. It takes approximately 48 hours to be added to your account after you make the request.
A FanDuel Prepaid + Card takes about the same time as PayPal to have cash added. The longest method is when you request a check. These arrive in seven to 10 business days.
The only immediate option is in person at the FanDuel cage, which isn’t accessible in every legal state. If you do partake in the FanDuel daily fantasy, casino, and sportsbook apps, your winnings are transferable across all platforms.
Types of Bets at FanDuel Sportsbook
As I mentioned earlier, one of the best parts about FanDuel Sportsbook is its extensive betting menu. Paddy Power Betfair crushes this with its superior technology.
FanDuel offers close to 20 different sports categories. Some categories, like soccer, allow bettors to bet on leagues throughout the entire world.
The book dominates mainstream markets as well as leagues that many Americans haven’t heard of before. This provides non-stop excitement.
On FanDuel sportsbook, you have the ability to bet on the spread, moneyline, totals, alternate lines, futures and props. You can also place parlays, teasers, round robins, as well as test your luck on in-play bets.
The prop betting menu on FanDuel is amazing and has been a staple of its book since it launched in 2018. These props are easy to understand and easy to find with the book’s simplistic interface. Other sportsbooks may offer a similar number of props, but FanDuel showcases them better than the rest of the competition.
As far as live betting, FanDuel Sportsbook is very close to the top of the leaderboard among legal books. It gives you the option to place so many bets during the game outside of the conventional options.
It has prepopulated in-game parlays as well. This is a nice feature because of the fast-paced nature of live betting.
FanDuel Sportsbook FAQ
Is FanDuel Sportsbook legal throughout the United States?
FanDuel is an industry leader when it comes to launches in legal states. The book is available in eight states with plans of a ninth launch in 2021. The legal states are New Jersey, Pennsylvania, Indiana, Iowa, Illinois, Colorado, Tennessee and West Virginia. The next state to launch the book will be Michigan.
What is the legal age to place a bet on FanDuel Sportsbook?
This depends on the state, but it’s typically 21 years of age.
Can I bet on college sports on FanDuel Sportsbook?
Yes, most of the time, but this depends on the state as well. Some states don’t allow betting on local colleges, but all other teams are fair game. Some states rule out college sports betting as a whole. If you’re in a legal state, check your local regulations.
Is FanDuel Sportsbook safe?
FanDuel is an industry leader when it comes to safety. Most legal sportsbooks are very safe, or they wouldn’t be able to be legalized. When it comes to banking options, FanDuel goes above and beyond to keep your information protected.
How is FanDuel’s betting menu?
FanDuel has a superior betting menu when it comes to sports and wager types. If you’re interested in global sports, FanDuel is a great option.