FanDuel Sportsbook Review – Up To A $500 Risk-Free Bet

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fanduel sportsbook lobby
Quick Look:
  • Our Rating: 8.8 (Very Good)
  • Operator:  The Meadowlands
  • Software: IGT
  • Promo Code: None Needed
  • Bonus: Up To $500 Risk-Free Bet

Not to be outdone by chief rival DraftKings, FanDuel has debuted an NJ online sports betting app of its own, and boy does it impress.

Officially launched on September 6, 2018, FanDuel Sportsbook was among the first wave of legal and regulated New Jersey sports betting sites to open its doors to the masses. Its launch comes just a few short months after the U.S. Supreme Court turned the tables on PASPA — a federal ban on sports betting that had been the law of the land since 1992 — and mere weeks after DraftKings went first to market with its product.

FanDuel Sportsbook checks off all the boxes. Competitive pricing? Check. Fluid and easy to understand interface? Check. Flexible cashier, bet variety, and mobile? Check, check, and more check. Of course, none of this really surprises, as FanDuel is intimately linked with European sports betting juggernaut Paddy Power Betfair, which completed an acquisition of he company in July. And if that weren’t enough, the FanDuel Sportsbook platform is powered by globally renowned sports betting provider IGT, which also supplies the tech for FanDuel’s retail book at the Meadowlands.

This is a winning combination of brands and providers, and it shows in the final product, which isn’t flawless, but clearly ranks among the industry’s best.

FanDuel Sportsbook bonus offer – November 2018

It doesn’t matter if you’re completely new to FanDuel, or a current FanDuel DFS account holder: Anyone that hasn’t yet wagered on FanDuel Sportsbook is eligible for up to a $500 risk free bet. There is no promotional code for this offer, simply click on one of the links on this page and complete the straightforward account registration process. You can even save time by porting over your FanDuel DFS account information to the sportsbook.

FanDuel Sportsbook 2018 bonus code and details

Promo CodeNone needed - click here
New Player BonusFree Bet Up To $500
New Jersey PartnerMeadowlands
Online Since2018

Claim My $500 Risk-Free Bet Now!

How it works

In order for players to take advantage of this offer, all they have to do is register and then place an initial real-money wager. No bonus code, no opting in, nothing.

Should a player lose that bet, FanDuel will refund it dollar-for-dollar, up to $500, as an on-site credit. The bonus will show up in player accounts within 72 hours of the losing outcome, at which time players can use it to place eligible wagers on the site. Once a simple 1x playthrough requirement is met, the bonus funds will convert to cash and can be withdrawn.

So what are these eligible bets? Point spreads, money lines wagers, and a whole slew of other formats are eligible, with the main caveat being that wagers on favorites with lines of -200 or shorter do not count toward the bonus requirements. In other words, a bet on a favorite of -160, or an underdog of +140 would count; a wager on a -250 favorite would not.

The only real downside to this offer is that if players win their initial wager, they’ll receive nothing additional. Still, this is a win-win situation for players, as they’ll either win funds from their wager, or get a second chance on the house. In other words, this is a risk-free offer. And that monetary cap of $500 is just obscenely high for the NJ sports betting market.

What’s to like about the FanDuel online sportsbook?

  • Stellar money lines: Money line players are well-advised to play on FanDuel, as the book offers pricing that’s not only better than every other NJ online sportsbook, but also a tick better than Vegas. Spread, run line, and over/under pricing also offer solid value.
  • Bet variety: For any given game, players can expect to find between 100-200 single bets, including obscurities like the last scoring play in NFL, and 6th inning correct score for MLB . Add in dozens more game/player props, as well as a variety of futures, and punters will be hard pressed to find a wager that doesn’t suit their betting needs.
  • Interface: Clean, sleek, and most importantly, easy-to-use, the FanDuel Sportsbook interface is a dream come true for new bettors who might be intimidated by the complexity of sports betting. The quality of the interface translates well from PC to mobile.
  • Cashier: FanDuel might not offer the most deposit and withdrawal methods, but it’s certainly no slouch either, checking off critical payment processing vehicles like eChecks, PayPal, PayNearMe, and credit/debit cards.

What’s not to like?

  • Somewhat limited betting markets
  • Slow live chat responses
  • Pricing on some exotic bets isn’t great

FanDuel Sportsbook: Software

Clean, intuitive, no-frills: These are the descriptors that come to mind when assessing the FanDuel Sportsbook interface. Upon entering the site or mobile app, players will gain immediate access to popular, live, and upcoming top-line bets, divided neatly into three tabs. The games and lines are displayed in large, bright type, making them extremely easy to take in.

Those looking for more exotic bets only need to navigate to a game and select “More Wagers.” From there, the interface will change to display a listing of all the most popular bets. Don’t find something you like? Select another tab, or go to “More” and display “All” bets. Once punters find a bet of their liking, they only need to click/tap on it, and the bet will popular in the Bet Slip, along with options to use the bet as part of a parlay, teaser, or round robin.

Slight layout differences aside, the mobile sports betting app functions essentially the same way as its desktop counterpart.

FanDuel Sportsbook is powered by IGT’s PlayShot sports betting platform, utilizing the latter’s built-in content management system, with PlayShot being integrated into GAN’s player account management system, for use by FanDuel. It works. There’s perhaps no better example of the impact this perfect marriage of solutions providers is having than FanDuel’s in-play betting, which is about as reactive as we’ve seen. Not only that, but live games harness a graphical interface that displays a crude simulation of the event in real-time. We just wish there were a bit more in-play betting variety.

FanDuel In-play

To date, our team has not experienced any server crashes, and geolocation checks were near instantaneous, resulting in a very fluid user experience. We were also pleased to see that in addition to provides a user-friendly interface, FanDuel also offers an easy to understand betting guide, perfect for new players.

There are also a variety of account management features, where players can view their betting history, display their tax forms, access responsible gaming protocols, and shoot over to FanDuel’s DFS site (but of course). It’s all very intuitive, with even the further corners of the site just a few clicks deep.

FanDuel Sportsbook is available on desktop/laptop, and as a mobile sports betting app for Android, and iOS.

Cashiering at FanDuel online sportsbook

FanDuel has many options to get funds instantly on and off the site, but its cashier still lags behind some other NJ online sportsbooks in a few key areas. For one, the site lacks a live option to make bigger deposits and withdrawals at a casino cage, undoubtedly due to its land-based partner being a racetrack (the Meadowlands) and not an Atlantic City casino.

There are also restrictions with online deposit amounts, with no immediately apparent way to request a limit increase. A high roller’s best bet may be to contact support regarding this matter.

At this time, PayPal seems to be the easiest option for both but money can only be withdrawn via PayPal if those funds were initially loaded on the site with PayPal.

Deposit options

  • Credit/Debit Cards– Straightforward deposit option using your Visa or Mastercard. Some banks will block all transactions affiliated with online gaming or may charge a small fee.
  • FanDuel Prepaid Card- You can apply for a prepaid card on the BetFair or FanDuel website. Once approved, you can instantly attach a Visa or Mastercard to fund the account.  ACH transactions can be set up after the actual card is received in the mail in about two weeks.
  • PayPal- Safely and securely fund your FanDuel account using the most popular eWallet in the world.
  • ACH (echeck)- Using your bank’s routing and account number, it’s like writing an instant check.
  • Online Bank Transfer- Using the Online Bill Pay feature with your bank, you can send money instantly. If you don’t see your banking institution on the list, contact your bank to see if this feature is, in fact, available.
  • PayNearMe- Choose the amount you want to deposit and enter it in the “PayNearMe” tab on the deposit page and you will receive a barcode. Simply bring that barcode to be scanned at 7-11, CVS or Family Dollar. Make a cash deposit at these locations and your funds will be available in 15 minutes. This deposit method has a $500 daily limit and a $10,000 limit in a 30-day period.
  • Checks- You can go “old school” and mail in a check, cashier’s check, money order or banker’s draft.  Make the check out to BetFair Interactive US LLC and include your screenname and email address and send to: Betfair Interactive US LLC, PO Box 158, Jersey City, NJ 07303.

Withdrawal options

  • ACH (e-check)- Safely and securely withdraw funds to your checking account using your routing and account number. Processing can take up to 24 hours for the transaction to be approved, and once approved it can take 3-5 days for the funds to appear in your account.
  • Check- You can request a paper check to be sent to the address registered on your Betfair/FanDuel account. This option will take 5-7 days to be processed.
  • FanDuel Prepaid Card- Upon successfully making a deposit using the Prepaid card, any winnings can be sent back to the card. This can take 24-36 hours for the funds to appear and can be withdrawn at any ATM or used as a credit card wherever Discover Card is accepted.
  • PayPal- Only players that used PayPal to make their deposit can use PayPal to withdrawal their funds.

Betting lines at FanDuel mobile sportsbook

FanDuel Sportsbook undoubtedly has the best pre-game money lines in the NJ online sports betting market. Others come reasonably close, but FanDuel always appears to go that extra mile, offering pricing that’s a nickel or dime better than the nearest competitor.

In-play money lines are something of a different story, where a couple of NJ operators do a tad better than FanDuel.

NFL spreads are on par with the rest of the industry, although it is worth noting that the site tends to offer slightly more favorable odds (15 cent spreads) on NY Giants and NY Jets games. We’re certain this has nothing to do with the fact that the Giants and Jets play at MetLife Stadium, located on the same Meadowlands campus at Fanduel’s physical NJ sportsbook (sarcasm).

Otherwise, FanDuel’s lines are something of a mixed bag. We’ve done some calculations and it looks like FanDuel does offer solid pricing on futures, relatively to the rest of the market, with commissions hovering in the 5-10% range. Props were hit-and-miss. Simple ones like first team to score, offered solid pricing, while more exotic wagers like “Race to 10” finds outrageously bad odds in the -120/-125 vicinity. There’s value to be had, it’s just that players are going to have to seek it out.

Key markets

Compared to the other New Jersey sportsbooks, FanDuel has among the least amount of available betting markets, but does have all major American markets covered.  We expect this to change as FanDuel grows its platform, but, for now, here are the key markets offered:

  • American Football (NFL and College)
  • Baseball (MLB)
  • Basketball (NBA, WNBA and College)
  • Boxing
  • Golf
  • Hockey (NHL)
  • MMA
  • Soccer
  • Tennis

Game selection at FanDuel Sportsbook

While FanDuel doesn’t cover every market, its huge selection of betting offerings more than makes up for it.  Online sportsbooks have the freedom to get creative in ways a live sportsbook could never dream of and FanDuel took this idea and ran with it.

In terms of pre-game wagering, FanDuel Sportsbook is without question the best in the industry. The wealth of available bets is astounding, with upwards of 100 – 200 bets featured for most pro league games, and dozens for tennis, golf, college football, and soccer.

Common pre-game betting formats include, money lines, totals, futures (game/player), props (game/player/season), parlays, teasers, and round robins. As a taste, players can bet on anything from who will have the most rushing or receiving yards in the current NFL season, to whether the total score for an MLB game will be odd or even after three innings, to who will win the Central Division for NHL. If you can think up a bet, then there’s a good chance that it is already offered by FanDuel.

In-play

Of course, no modern NJ online sportsbooks is complete without in-play wagering, which is where punters place bets on a game already in progress, ideally with odds updating in semi-real time.

From a technical standpoint, FanDuel does a terrific job updating scores and lines swiftly, making it easy for action hungry bettors to get their live wagers in. However, as mentioned, FanDuel’s in-play lines aren’t nearly as good as its pre-game lines, but that’s pretty much par for the industry.

In terms of in-play bet variety, FanDuel does another terrific job, offering players nearly as many betting options for live games as it does for games that have yet to begin. Does FanDuel offer the most in-play variety of any NJ online sportsbook operator? No, not quite, but players won’t be left wanting.

Cash Out

Risk averse bettors will love this one. As part of its in-play offering, FanDuel Sportsbook grants players the option to get out of Dodge so to speak, via the Cash Out feature. Regardless of whether your active bet is working out for you or not, if the wager is Cash Out eligible you can close it out during the contest, and receive a payout in accordance with current in-play odds. Bettors may even be eligible to cash out a portion of their bet, retaining some, but not all, risk.

Do note, that Cash Out is not available for all betting markets.

Claim Up To A $500 Free Bet Now!

FanDuel Sportsbook promos

FanDuel Sportsbook has wasted little time rolling out some interesting, and potentially lucrative, promotions. We expect the promotional schedule to be updated on the weekly, but here’s a look at the general types of promos we could be seeing:

  • Free bets: Place a wager, win a free wager of a specific monetary amount or percentage of the initial bet.
  • Deposit bonuses: One of the most common incentives used by sports books, deposit bonuses reward players with a 50% or even 100% match on their deposit, capped at a certain amount.
  • Refund: We’ve already seen this promotional vehicle from FanDuel, as it offers an up to $500 refund on a new player’s first wager. Expect these to become part of FanDuel’s regular promotional rotation as well.
  • Insurance: This promotional type offers players cash back on bets where their team is winning at a certain point in the contest, but goes on to lose.
  • Profit boosts: FanDuel may give out tokens that gift players a “boost” to their profits on winning wagers.

We’ve also seen some creative one-off promos on FanDuel, like the NFL focused Pats Protection promo, where players that place a future on anyone but the New England Patriots to win the Super Bowl will be entitled to a $50 refund credit if the Pats take home the Vince Lombardi trophy.

Loyalty program

FanDuel has not debuted a sportsbook specific loyalty program yet, but if the DFS side of the organization is any indication of future plans, we may be seeing one of the best in New Jersey.  Currently its DFS program offers 5 FanDuel Points for every dollar in entry fees.  FanDuel Points can be used for entries into paid contests that boast guaranteed prize pools ranging from $50 weekly and $250 monthly for the lowest tier (Free Agent), and up to $25,000 monthly for the highest level of GOAT. The more points you earn, the higher the status level.  There are currently 11 tiers:

  • Free Agent: 50 FDP
  • Practice Squad: 125 FDP
  • Reserve: 250 FDP
  • Prospect: 500 FDP
  • Rookie: 1250 FDP
  • Pro: 2500 FDP
  • All Star: 7500 FDP
  • MVP: 25000 FDP
  • Hall Of Famer: 125,000 FDP
  • Legend: 600,000 FDP
  • GOAT: 2,500,000 FDP

In addition, anyone that reaches MVP status or higher will score some other great perks, including access to special weekly promos, rewards credits at live events, premium customer support, a personal account manager, and FanDuel swag.

Support

When you find yourself looking for specific answers, FanDuel has you covered, with three support options, all are available 24/7.

Live chat allows you to talk to a live agent via an instant message window on the website. Admittedly, we found live chat response times to be on the slower side, sometimes excruciatingly so. And while we expect live chat to improve in the future, for now, email proved the better option, with turnaround times of just a few minutes during the day.

If you want to talk to a real person, you can also call 877-689-0662. All three options are dedicated to sportsbook only, so DFS concerns will be addressed by a separate support team.  If you are more of a “do it yourself” kind of person, the site provides a comprehensive FAQ section that should address any questions or concerns that you may have.

More about FanDuel

FanDuel was founded in 2009 after receiving $1.2 million in funding from Pentech Ventures and Scottish Enterprises. It launched its first FanDuel Fantasy Football Championship in 2010.  In 2013, as Daily Fantasy sports was exploding in popularity, Comcast provided $11 million in funding followed by $70 million in funding in 2014.  In 2015, FanDuel was in a full out race to the top against rival DraftKings and secured $275 million in funding, leading to the company being valued at over a billion dollars.

FanDuel made good use of the new funding by acquiring three new companies in 2015. First was the app developer Kotikan to create FanDuels mobile app, followed by sports analytics company numberFire to help provide more robust data to FanDuels customers. AlphaDraft was the third acquisition in only a matter of months which brought FanDuel into the Esports world.

In November 2016, FanDuel and rival DraftKings announced their plans to merge and combine their over 5 million customers.  The FTC saw this as a big no-no and stated that the merger would create a monopoly seeing as the two companies controlled 90% of the DFS market.  The merger was quickly canceled and both companies moved on independently.

FanDuel has had no shortage of legal issues since there were technically no laws on the books for DFS. They were forced to pay $1.3 million to settle with the Massachusetts Attorney General’s office over allegations of unfair and deceptive practices.

FanDuel was acquired by PaddyPower Betfair, a British Bookmaker, just nine days after the United States Supreme Court announced that the Professional and Amateur Sports Protection Act of 1992 was unconstitutional, effectively opening the floodgates to legalized sports betting nationwide.   In July 2018, the FanDuel Sportsbook officially opened at Meadowlands Racetrack in New Jersey and announced its intention to bring sports betting online before the beginning of the 2018 NFL season.  It achieved this goal by launching just days before the NFL’s opening weekend on September 6, 2018.

Get My $500 Free Bet Now!

FanDuel Sportsbook Verdict

  • New Player Bonus 9
  • Betting Lines 8.5
  • Game Selection 9.5
  • Software 9
  • Cashiering 8
Summary

FanDuel Sportsbook does it better than most NJ online sportsbooks, offering stellar single-game pricing, an intuitive and responsive interface, and bets galore. Some pricing has a bit to be desired, and there's a bit of room to improve in the areas of payment processing and support, but overall the book offers a top-notch user experience.

8.8 Very Good

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Robert is a veteran writer and analyst for the gambling industry, with a particular focus on the emergent US online gambling market. An avid poker and gambling enthusiast, Robert offers unique perspectives from both the vantage point of the player and industry professional, and is fit to cover a broad spectrum of topics.