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FanDuel Sportsbook

ONLINE SPORTSBOOK

FanDuel was one of the first companies to form following the rise of the daily fantasy sports industry. It was founded in 2009 and is now one of the biggest gaming companies in the U.S. Following the overturn of PASPA in 2018, FanDuel made the natural expansion to get into sports betting and has since launched sportsbooks in New Jersey, Pennsylvania, Colorado, Indiana and West Virginia. They’ll likely expand into every legal state and should be a major player in the industry for years to come.
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Promos & Bonuses

Mobile App & Web

Registering & Cashiering

Betting Options

Book Comparison

FanDuel Sportsbook Review Chart

Summary

FanDuel offers one of the easiest start-to-finish registration and deposit experiences in the market, and it's hard to beat its $500 risk-free-bet offer for your first wager.

Bonuses & Promotions

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Bonuses & Promos from FanDuel - 4.5 / 5 Stars

FanDuel has a good sign-up offer that requires only a 1x rollover, one of the better marks in the industry. While it doesn’t offer the volume of big promotions like some books, it does make an effort to give promotions to new and existing customers, which is uncommon currently.

Sports Betting Mobile App

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FanDuel: Sports Betting Mobile App - 4.5 / 5 Stars

FanDuel’s app is high-tech and easy to use, as they’ve been in the business of developing their products for over a decade thanks to their beginnings as a DFS company. The only major downside is that it can be difficult to contact support via the app.

Registering & Cashiering

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FanDuel: Registering & Cashiering - 5.0 / 5 Stars

We haven’t heard of major issues registering, depositing or withdrawing at FanDuel. They recently updated their organization so users can have just one wallet for the sportsbook, casino and DFS products, which is a big deal for customers.

Betting Options

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FanDuel: Betting Options - 4.5 / 5 Stars

FanDuel offers just about any market that’s legal within the state it operates in. There are a few niche markets like specific props that may not be offered, but overall FanDuel is among the best U.S. books in setting odds for nearly every sport and league.

FanDuel vs Other Sportsbooks

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FanDuel: Competitor Comparison - 4.5 / 5 Stars

FanDuel is already one of the biggest sportsbooks in the U.S., and it excels with its solid app and regular offers to help retain customers. While it can offer higher holds than some books, it’s fairly standard across the board, allowing users to find value on more niche markets.

Bonuses & Promotions

It can often be tough to win long-term at sports betting, particularly because of the juice -- the “tax,” sometimes called the “vig” -- charged on each bet. That means it’s very important for bettors to take advantage of promotions, whether it’s a sign-up offer or daily booster, in order to maximize expected value.

Sign Up Offer

FanDuel has a nice sign-up offer for new users: They’ll give you a risk-free bet up to $500.

How it works: If you sign up for an account at FanDuel and deposit at least $10, you’re eligible for your first bet to be without risk up to $500. The first bet made on your bet slip with the new account is what will count towards this offer. If it wins, nothing happens; you’ll receive your winnings in cash. If it loses, you’ll be credited in site credits for the amount of that bet up to $500.Note that this is a one-time offer on your first bet, so make sure to make it count! If your first bet is only $10, you’ll be credited just $10.

One positive about this offer is that any subsequent winnings on the risk-free bet -- if you lose the first bet, get credited and then win with those credits -- require only a 1x rollover. A rollover just means you have to wager the same amount as the credit in order for subsequent winnings to be converted to cash. If you have $500 in site credits from the risk-free bet, you’ll have to wager $500 in order to withdraw that to your bank account.

The 1x rollover may seem odd to someone new to the betting world, but it’s commonplace among all sportsbooks.

SIGN UP BONUS OFFER!

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Get a $500 Risk-Free Bet

Claim your FREE $500 bet with FanDuel.

Bonuses & Promotions

Web Experience

FanDuel has been perfecting its daily fantasy desktop site and app for a decade now, so it’s no surprise that they have one of the best sites and apps for sports betting now, too.

The desktop site is sleek and easy to navigate. On the homepage, users can easily find the sport they want to bet, along with live markets, odds boosts and notable promotions. Everything is housed in one screen, which means users don’t have to reload pages and have multiple tabs up at once. The bet slip experience is very user-friendly, as it pops up on the right side of the screen after clicking on a bet. It’s easy to change a bet from straight to a teaser, parlay or round robin as well.

Within sports, the navigation is also set up well; it’s very easy to find sub-markets like game and player props, head-to-head matchups and more. It could organize markets a little better -- FanDuel has separate tables for related markets like a golfer’s odds to finish in the top-five, top-10, top-20, etc. -- but that’s a minor quibble for an overall solid web and app product.

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THE GOOD
Positives on FanDuel's App

Navigation.

FanDuel has recently updated their organization so users can have just one single wallet for sports betting, daily fantasy and the casino. Instead of moving money around to take advantage of each product, users can deposit just once and use their money wherever they’d like seamlessly.

Promotions and boosts.

FanDuel has recently updated their organization so users can have just one single wallet for sports betting, daily fantasy and the casino. Instead of moving money around to take advantage of each product, users can deposit just once and use their money wherever they’d like seamlessly.

Combined wallet.

FanDuel has recently updated their organization so users can have just one single wallet for sports betting, daily fantasy and the casino. Instead of moving money around to take advantage of each product, users can deposit just once and use their money wherever they’d like seamlessly.

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THE BAD
FanDuel App's Negatives

Finding smaller markets.

While it’s easy to locate a market like player props on the desktop site, it’s a little more challenging on the app, where you have to click into a specific game.

No rewards program.

FanDuel’s daily fantasy sports product has a rewards program that gives back site credit to users for playing, but the sportsbook does not yet have any system.

Lack of Support.

FanDuel makes it difficult to get in touch with their support team. Clicking the “contact support” button in the app takes you out of the app and onto the mobile site. Once there, it’s challenging to find out how to contact them.

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Fanduel vs Other Sportsbooks

While sign-up offers, promos and user experience are all crucial factors in selecting a sportsbook, the most sophisticated bettors are often worried about the price. We can compare books in this regard a couple of ways:

  • Juice: Also referred to as the “vig,” this is the tax a sportsbook charges for a bet. The standard odds for a spread bet is -110, which means you have to pay $110 to win $10. That extra $10 is the tax.
  • Hold: Similar to the juice, hold is defined as the percentage a sportsbook keeps for every dollar wagered. It’s a better metric to measure for moneylines, for example.

Most online U.S. books -- in states where betting is entirely online and not regulated by the state lottery, at least -- have standard juice on your typical bets. Take, for example, the juice on spread bets for the NFL:

There’s no major difference between sportsbooks: It is commonplace to get -110 on both sides for both the spread and the over/under.

In terms of hold on moneylines, here’s how FanDuel has compared with other U.S. books in the past:

FanDuel is on the higher end of U.S. sportsbooks in hold percentage, and we’ve also found that they’re often beat in price in some futures markets like golf. It really depends on the specific market, though: For NBA title odds, for example, they offer superior odds than a bunch of the biggest U.S. books. That highlights the importance of line shopping and having multiple accounts; FanDuel is a worthy addition to your sportsbook portfolio.

In general, for some smaller markets like player props, FanDuel is competitive and offers standard pricing. Whereas a book like BetMGM can offer up to -118 on both sides for some props or head-to-head matchups, FanDuel is more in-line with DraftKings in offering -110 standard odds.

Sport Options

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FanDuel Frequently Asked Questions

Which states allow FanDuel Sportsbook?

As of August, there are five states that allow FanDuel to operate:

FanDuel is the biggest player in the United States sports betting landscape right now, so expect it to be in nearly every state with full-scale online sports betting as it gets legalized in new jurisdictions.

What’s the best promo code to use for FanDuel Sportsbook?

FanDuel doesn’t require you to enter a promo code. Just follow this link to get a risk-free bet up to $500.

How does FanDuel’s $500 risk-free bet work?

FanDuel’s risk-free bet requires only a 1x rollover.

What does that mean?

Let’s say you deposit $500 of your own money into your FanDuel account. If you win your risk-free bet (you can choose which game to put it on), nothing happens, because you won the bet and get your winnings. If you lose, you’ll be credited money back in a separate part of your account.

Those $500 in free bets are effectively in a different portion of your account from your $500 cash because you can’t withdraw them right away. But once you put the free bets into play once, any winnings from those wagers will go into the cash portion of your account, which you can withdraw at any time.

Note that the $500 risk-free bet is a one-time thing, so if your first bet after signing up for an account is just $20, that will be your risk-free bet. Make sure to optimize that first wager to get the biggest bang for your buck.

Many sportsbooks require large rollovers to access bonus funds — i.e. you deposit $500 and get a $500 match, but have to bet 10 times the deposit amount ($5,000 in this case) before ever being eligible to withdraw the bonus money.

So having just a 1x rollover is a great perk.

How fast can I withdraw money from my FanDuel account?

Among the biggest benefits to betting at a legal online sportsbook like FanDuel is that money will be in your bank account just a few days after requesting a payout.

You can hook up your bank account to direct deposit both ways — putting money onto FanDuel and taking it out.

Is FanDuel Sportsbook safe?

Yes, FanDuel is safe. When talking about sports betting, there are probably two boxes to check…

Is my money safe on FanDuel?

Yes. Because FanDuel is a legal, authorized U.S. sportsbook, your money is protected, even if the company goes out of business (it won’t, don’t worry).

Can I put checks in place to limit my betting?

Yes. If you feel like you’re gambling irresponsibly, you can put a temporary ban on your own account — anywhere from three days to 12 months — or permanently close your account.

You can also set deposit limits, spending limits and time limits on your account.

What are the minimum and maximum amounts I can deposit?

The minimum deposit amount on FanDuel is $10 and the maximum deposit is $10,000.

Does FanDuel charge fees?

FanDuel will not charge you fees for depositing or withdrawing. But all sportsbooks charge “juice” or “vig” on each bet — meaning you need to risk more than you’ll win.

Juice differs by sportsbook, but on a standard NFL point spread bet, you’re paying 10% to the book to take your action.

Do I have to be a resident of New Jersey, Colorado, Pennsylvania, West Virginia or Indiana to bet on FanDuel?

Nope. You just need to be inside the state border, at least 21 years old and a United States citizen.

FanDuel will automatically verify your location through your phone or computer GPS. As long as you’re in the state, you can bet. If you live in one of those states but are traveling elsewhere, you will not be able to bet.

Let’s say you live in New York City but want to bet on the NCAA Tournament. You can hop on the PATH train to Hoboken, open an account on FanDuel, place your bets, then head back to the city.

There’s no delay when signing up for an account and depositing at FanDuel, either, so it can be a quick trip over the border before you head back. Indiana, for example, borders IllinoisMichiganOhio and Kentucky, and plenty of bettors are starting to utilize legal online sportsbooks in Indiana when they’re in the Hoosier State.

Can I withdraw money from FanDuel if I’m not in a legal state?

You can. If you traveled to a legal state, bet and won money, you can still withdraw while you’re back in your home state.

The only thing you can’t do while in a non-legal state is actually place bets.

What type of devices can I bet on at FanDuel?

You can register for your FanDuel account on either your phone (iOS or Android) or your computer (Mac and PC).

Can I deposit money via PayPal?

FanDuel does accept PayPal. It also takes credit cards, bank account direct deposits, wire transfers and more.

Does FanDuel have an app?

FanDuel has one of the better mobile apps among legal U.S. sportsbooks. You’re not required to bet on the app, though, and can instead use the website on desktop or mobile.

You can download the app here.

Why does FanDuel need my social security number and other personal information?

FanDuel uses your social security number to verify your age and identity, above all. Operators are required to keep your information safe and secure.

Are FanDuel winnings taxed?

FanDuel itself is paying the actual taxes to the states it’s operating in. Those will be effectively invisible to the consumer.

However, your sports betting winnings at any book, including FanDuel, are taxable.

The operator will send you a W-2G form if you win more than $600 net with that sportsbook.

Gambling losses can be written off as a tax deduction, but only if you also report any money won as taxable income. You do need to itemize your deductions; you can’t claim any gambling losses with a standard deduction.

The amount of gambling losses you can deduct can’t exceed the winnings you report as income. With $1,000 in winnings but $2,000 in losses, your deduction is limited to $1,000. You can’t write off the other $1,000 you lost.

How is FanDuel different from Bovada?

Bovada and FanDuel have one major difference that will go a long way in keeping you protected: Bovada is an illegal, offshore sportsbook that’s not regulated by any governing body.

For that reason, your funds are never truly safe with an offshore company. You have no recourse if they defraud you.

FanDuel, on the other hand, has to pass rigorous measures set by state gaming departments, and all money is insured since legal operators must have separate accounts with backup funds for players in case they go out of business.

Other huge benefits to using FanDuel as opposed to illegal sportsbooks:

1. You can deposit and withdraw money using your bank account or credit card and don’t need to rely on cryptocurrencies or shady MoneyGrams.

2. Your bonuses are not subject to massive rollover requirements, so you’ll actually see the bonus money in a timely fashion.

3. You’ll get money nearly instantly when withdrawing. No more waiting for a check in the mail from an offshore sportsbook that you hope arrives. FanDuel says it can take up to 72 hours to process, but it usually comes much faster.

Is FanDuel legit?

FanDuel is legit. It’s the market-leader in the United States sports betting landscape thanks to a strong bonus offer, solid menu of betting options and name-brand recognition from its DFS platform.

Who owns FanDuel?

A holding company named Flutter Entertainment owns FanDuel. Flutter came to be when Paddy Power Betfair, a major player in the European sports betting market, merged with FanDuel in the United States.

It trades on the London Stock Exchange under “FLUTTER ENTMT ADR.”