FanDuel Sportsbook US
FanDuel was the site that originally started the daily fantasy sports craze. After building their core business for almost a decade, they got into sports betting in July 2018. After being acquired by Paddy Power Betfair, they linked up with Meadowlands Racetrack, giving them the partnership needed to operate in NJ. Soon after they got the green light to operate in Pennsylvania.
In this sportsbook review, we’ll go through where you can bet at FanDuel and what type betting bonus FanDuel Sportsbook brings you as an American player. After that, we’ll dig down deep how you deposit, withdraw and bet on the sports you love the most.
FanDuel Sportsbook Welcome Bonus August 2020
When you sign up for an account with FanDuel, the first bet you make is risk-free up to $500. If you lose, FanDuel will refund it completely in site credit. This bonus money can only be used to wager on contests, and cannot be withdrawn right after. Additionally, you cannot withdraw winnings from site credit until you wager through it once.
|FanDuel Sportsbook||FanDuel Sportsbook Bonus|
|FanDuel Sportsbook Welcome Bonus||$500 Risk Free Bet & $5 Free Bet|
|FanDuel Sportsbook Bonus Code USA||BESTPROMOCODE|
So basically, if you’ve bet $100 on the New England Patriots to beat the Pittsburg Steelers on Sunday Night Football and Big Ben comes up big in the clutch, you’d normally lose your 100 bucks. But when you’ve bet it as your 1st bet at FanDuel, they’ll refund and you can get right back to business for Monday Night Football or other of your favorite online sports betting.
Currently in August 2020 you’ve got the same online bonuses for FanDuel sportsbook whether you bet within New Jersey’s, Indiana’s or Pennsylvania’s state lines.
US Sportsbook Promotions at FanDuel
In addition to its welcome bonus, this online sportsbook offers a series of limited-time and ongoing promotions for FanDuels customers in the United States. For example, insurance promos promise a refund in site credit should an opposing team make a sudden comeback. Odds boosts are another popular offer – when you win, they’ll amplify your payout.
Bad Beat Refunds
In New Jersey, it’s legal to give bad beat refunds, and that’s exactly what FanDuel is known to do. In their first year of business, they issued bad beat refunds multiple times when a team either got hosed by poor refereeing or just plain bad luck.
Remember in 2019 NFL Playoffs when Cody Parkey double-doinked his kick that would’ve sent Chicago Bears the Bears instead of Philadelphia Eagles through from NFC Wild Card game? FanDuel refunded all bets up to $100 and gave that as betting credit for Bears bettors. That was very fair of them.
Before you can bet on FanDuel sportsbook, you need to pay the bookie. So yeah, the legal & legit sportsbooks don’t give you credit these days.
In short, deposits are instant and withdrawals take anywhere from one to five banking days, depending on the withdrawals method you choose. Below we’ll dig deep into different ways you can get your money to FanDuel, and how you can cash out your winnings
Safe & Secure Depositing
- Credit cards (Visa/Mastercard)
- FanDuel Prepaid Card
- ACH (eChecks)
- Wire Transfer
- Cash at the Cage (FanDuel Sportsbook at Meadowlands Racetrack)
- Paper Check
Getting money to an online sportsbook in the US like FanDuel is a breeze. They’re safe, secure and in most cases instant.
The most common way of transferring money to FanDuel is either by Visa/Mastercard, or using just a normal wire transfer to get your money online. It’s fast, easy, and convenient to use, except for those with privacy concerns.
Those who require discretion can use methods like PayNearMe, PayPal, the FanDuel prepaid card or the folks in NJ can head right down to Meadowlands Racetrack in East Rutherford. None of the three leave any paper trail, while PayPal transactions only reference PayPal on bill/bank statements.
If none of the above-mentioned options are viable, it is possible to deposit by paper check or eCheck. Make one out to FanDuel Sportsbook and mail it to:
Betfair Interactive US LLC
PO Box 158
Jersey City, NJ
Paper check and eCheck are the only deposit method that will take a couple of days to clear, so these two aren’t exactly instant deposits. If you want to bet on a game starting tonight, you’re better off using Visa or PayPal instead.
Withdrawing Funds – Get paid, always
The thing with legal sportsbooks is that you don’t have to worry about your money. Unlike the offshore bookies.
- ACH (eChecks)
- Paper checks
- FanDuel prepaid card
- Cash at the Cage (Meadowlands Racetrack)
So, you called a come-from-behind win for Tiger at the US Open – lucky you! Flush with cash, you’re ready to treat your friends to drinks and wings. To withdraw your winnings, you’ve got several options.
If you’re at Meadowlands Racetrack in NJ, you can have your money within an hour of requesting a cash cage withdrawal. However, don’t show up expecting cash if you haven’t already made your withdrawal request.
Owners of FanDuel prepaid cards have the next fastest processing times. Usually, it only takes 24-36 hours for FanDuel Sportsbook to process withdrawal requests. Once the funds are in the card, they can be withdrawn at any ATM or used where Discover cards are accepted.
PayPal customers also get their funds quickly. Withdrawals to these accounts take 24-48 hours; note that this does not include processing times for PayPal-to-bank transactions. And when you request a withdrawal through PayPal, you’d also need to have deposited through PayPal.
If you request a withdrawal via eCheck, expect to wait 4-6 business days. It’ll take 24 hours for transaction approval, and 3-5 business days for the wire to resolve. Note that this method cannot be used to withdraw to a prepaid card, PayPal, or a credit union account.
As you might expect, paper checks take the longest. Once your withdrawal clears, expect it to take 5-7 business days to arrive in your mailbox.
Bets offered on FanDuel Sportsbook
FanDuel Sportsbook gives bettors in the US a variety of ways to wager on their favorite sports. They are as follows:
- Straight bets
- Live bets
- Round robin bets
- Spread betting
- Over/under bets
Want to keep things simple? Make a money line bet. When you choose this option, you’re picking who will win the game – period.
You’ll notice numbers like +150 and -130. If you bet on a team that’s got odds +150 beside it, you’ll win $150 if you bet $100. When the number is -130, you’ll need to bet $130 to win $100.
What if they have a negative number? These signify favored teams – if you bet on a team that’s -130, you’ll need to bet $130 to net $100. If you bet $20, you’ll win $15.38. Wager $50, and you’ll earn $38.46.
The over/under bet is another popular bet to make. Quite simply, it is a bet on whether the two teams can combine to score more or fewer points than a stated amount. Let’s say Toronto Blue Jays and St. Louis Cardinals have an over/under of 11.5. If you take the over, the teams must score more 12 runs or more for you to win the bet. Results of 8-6, 9-4, and 9-5 will earn you money, no matter which team wins.
Prop bets are made on specific outcomes within a game. Who will score first? Who will win the 3rd quarter? Of all the different bet types, these can be the most fun.
Teaser bets are spread bets where you can add points to the underdog, or subtract them from the favorite. If you’re sharp, you’ll note that this increases your odds of winning.
The round robin bet is an exotic type of parlay. In short, it breaks up a big parlay into smaller chunks. If you bet $30 on three teams (A, B, and C) and selected the ‘By 2’s’ round robin bet, it splits your bet into all possible 2-team parlay combinations. So A+B, A+C, and B+C. Your $30 is divided three ways, ($10 on each combo), thereby spreading out your risk.
Finally, futures betting allows you to wager on outcomes that will take place weeks or months from now. Think you already know who will win the World Series? You can place your bet now on the Yankees if you like. Even if they’re favored, you’ll get more lucrative odds due to the uncertainty that things like injuries create.
How to place a bet on FanDuel Sportsbook
Depositing funds at FunDuel Sportsbook in the US is easy. Just follow these steps:
- Click the “Get bonus now” button
- Sign up an account
- Click “deposit”, choose your payment method, and confirm the payment
- Choose the market you want to bet
- Click the bet you want to make and enter the bet amount
- Click the “Place bet” button and proceed to the edge of your seat
Are you completely new to the world of sports betting in the US? No worries – betting on your favorite team is easy and straightforward on FanDuel Sportsbook. After depositing a bankroll (check further down in this review for all the details), you’ll be ready to make your first bet.
Once you’ve logged in, your FanDuel Sportsbook dashboard will load. It will display games due to start soon, as well as tabs for other sports. Once you find the match you want to bet on, three popular bet options will be available: spread, money line, and over/under. Want to bet props instead? Click on ‘More Wagers’ on the bottom right of the betting box.
Once you’ve made a selection, it will appear in the bet slip on your right. Want to bet a parlay? Keep scrolling through games and pick other wagers you wish to make. Once you’ve finished, refocus your attention on the bet slip. Enter your bet in the wager box. On the right, the amount you can expect to win will appear on the right.
If you’re doing a three-game parlay or greater, you’ll have the option of making it a round robin. To do this, select the tab at the top right of the bet slip.
Ready to place your first bet? Click on the green ‘Place Bet’ button. Note that once you place a wager, it CAN NOT cancel it. So, be sure everything is in order before clicking the button.
FanDuel Sportsbook App
You can download FanDuel Sportsbook app from App Store or their website, but you don’t have to. You can deposit & withdraw and place your bets on your mobile browser just like you would on your desktop.
FanDuel app is a carbon copy of its website. You can do everything with the app as you can with the mobile browser & desktop version. Show all the markets, wager on all the sports and deposit swiftly.
FanDuel sportsbook is native on all Android and iOS devices, so you can use your iPhone, Samsung or LG at FanDuel no problem.
Conclusion – Legit Online Bookie With Plenty in Store
FanDuel has successfully morphed from a pure daily fantasy outfit to a legit online bookmaker. Their risk-free bet is a huge opportunity for players who aren’t yet signed up at FanDuel, so it’s definitely something you should take advantage of.
- Where is FanDuel online sportsbook legal?
New Jersey and Pennsylvania. FanDuel will look to expand into new markets as the online betting legislation in the US moves forward. It's likely FanDuel will try to get a foothold in every state that allows online and mobile betting.
- If I've already claimed my FanDuel bonus in New Jersey, can I get another one in Pennsylvania?
As of August 2020, you can't. You can only claim the bonus once, so there isn't a reason to do state-hopping between the state lines.
We're keeping an eye on whether the situation will change.
- Is FanDuel Sportsbook legit?
It absolutely is. FD is now open in two states (New Jersey & Pennsylvania), and it is expected to open in other states as well, as online gambling legislation advances in the US.
You can deposit easily at FanDuel and they always pay on time. Zero worry of having your money stuck at the bookie.
- Seton Hall is playing Rutgers in NCAA basketball and I can't find it at FanDuel. What's going on?
You're in NJ, right? New Jersey doesn't allow gambling on local college sports teams, so that's why you can't find the Seton Hall-Rutgers game listed. Need to stick with NJ pro sports if you want to bet on local teams.
- I placed a $200 bet on a long shot, but the site capped my win amount. What's up with this?
FanDuel Sportsbook has payout caps in place for certain sports. These include $25,000 for college sports, $100,000 for the NFL, and $250,000 for MLB and the NHL. For details, check out the FanDuel Sportsbook FAQ.