How Does FanDuel Work: Sportsbook Review

Sportsbooks live and die by their promotions. FanDuel’s irrefutable success demonstrates that the site is more than just a place to wager on your favorite sports but also a haven for unique rewards; somewhere users can earn enhanced odds, parlay boosts, refer-a-friend deals, and opportunities to meet sporting heroes.

In this section, I examine a handful of FanDuel’s best promotions.

$200 Bonus Bet Welcome Offer

Bonus bets are all the rage today, but FanDuel does this deal better than many competitors. A $200 free bet boost is up for grabs for any bettor who creates an account and places a bet – an improvement over Betfred’s $105 bonus bet welcome offer.

I’m a fan of this deal for one major reason: it costs $5 to participate. Unlike deals of a similar ilk on other sportsbooks, FanDuel doesn’t care whether your qualifying bet wins or loses. As long as you deposit $10 and wager $5, you will receive $200 in bonus bets. 

Bonus bet money should arrive in your account wallet within 72 hours of your initial punt and is eligible for play on all sports markets except same-game parlay+ and round-robin selections. And, although the bonus bet stake isn’t included in potential earnings resulting from using the free wager, you’re free to withdraw accruements immediately. Zero wagering requirements in tow. To use a bonus bet, select the free bet from your betslip while preparing to place a wager.

Bonus bet cash is wagerable for seven days after being awarded. Once a full week elapses, FanDuel will automatically withdraw any remaining bonus bet funds to your bank account – so keep an eye on the clock if you’re edging toward the limit. Even if you miss the one-week cut-off, it’s nice to have peace of mind that your bonus money is on its way to your bank rather than evaporating into thin air.

FanDuel Profit Boosts

The NBA, college basketball, and the NFL are backed by profit boosts at FanDuel, with the latest offer for collegiate-level basketball. The sportsbook ensures this offer is shared between its most popular sports throughout the year, so refer to FanDuel’s promotions page to see which sport is on the table next.

A FanDuel profit boost enhances the amount of money awarded from a wager. For example, a bet with potential returns of $20 would pay out $30 – adding 50% to the initial value of winnings.

FanDuel’s online sportsbook is a proponent of college basketball, with the operator handing out 50% profit boosts on all selections involving 3+ college basketball legs. At minimum qualifying odds of +400, this is an offer specifically designated for bettors backing the underdog. 

The bonuses’ best feature is the sportsbook’s generosity when it comes to paying out on successful bets. In addition to returns earned from the profit boost, you’ll keep your stake. Just claim the profit boost token from the homepage and make your picks. Some bet types are ineligible for this deal, so be diligent when setting up a new selection. Excluded selections include bets using bonus money, cashed-out wagers, boosted odds, straights, and non-collegiate basketball games. 

FanDuel Players Club

While not a traditional loyalty club in a sportsbook sense, FanDuel’s Player Club rewards bettors for participating in paid fantasy events. You can access the fantasy tab by selecting ‘Fantasy’ from the menu at the top of the sportsbook’s homepage. If you’ve signed up on the sportsbook, just use those credentials to sign in to the FanDuel Fantasy page. All players are enrolled in the rewards program once logged in to a FanDuel Fantasy profile. 

A rewards system based on FDP — FanDuel points — determines the quality of your prizes each month. Every $1 in entry fees accrues 5 FanDuel Points. The operator’s old Players Club service lacked a rewards tracker, but you can now track your current points level by observing the Rewards Centre within FanDuel’s iOS and Android app to see what awards await in the next tier. 

The Players Club is divided into 11 parts. Starting with Free Agent, you’ll work your way through ranks like Practice Squad, Prospect, Pro, Hall of Famer, GOAT, and more. New rewards unlock as you climb each tier, including access to special deals, a personal account manager, merchandise, and premium customer support, as well as weekly and monthly free play. 

How to Register an Account at FanDuel

Open FanDuel and select ‘Join Now’. The sportsbook will transfer you to a new area with fields to enter your email address, password, and username. The site requires all passwords to carry at least one letter and number while adhering to a minimum of eight characters per password entry. Select ‘Create Account’ to progress to the verification process.

Here, FanDuel asks for more personal information. Your full name, date of birth, phone number, and home address should be filled in within the relevant boxes, then the final four digits of your social security number. You may be forced to set up two-factor authentication if your state enforces such a rule. Otherwise, you can opt in or out of the security protocol. Check the box to confirm your information is accurate before clicking ‘Continue’.

FanDuel uses KYC checks to protect customers against fraud and other criminal activity. I understand bettors’ trepidation when asked to upload photo ID and personal documents, but these processes block bad actors from accessing your profile and signing up in your name. Avoid account disruption by submitting the appropriate documents to FanDuel’s security team. 

Once everything is confirmed and in order, join millions of FanDuel bettors indulging in NFL, NBA, and MLB markets, among others.

FanDuel’s banking area is simple, easily navigable, and informative. I was able to see the fastest deposit and withdrawal methods, and alternative payment options, and take advantage of budget-friendly minimum limits. Let’s view the operator’s list of banking methods and how to use them.

Fanduel Sportsbook Deposit Options

Among the sportsbook’s range of quick-deposit options are Trustly Online Banking, credit and debit cards, Apple Pay, Venmo, and PayPal. Transfers to your account wallet using any of these methods should be processed immediately.

Under the ‘Other deposit options’ banner you’ll find Cash at Counter, PayNearMe, Wire Transfer, Play+, and gift cards. Whilst the sportsbook doesn’t supply a particular reason for the exclusion of these methods from its ‘Quick-Deposit’ tab, FanDuel explains that some states may not permit payments via certain methods. For example, PayNearMe is unavailable in Louisiana, Ohio, and Michigan.

Minimum deposits start at $5, granting significant freedom to bettors on tight bankrolls. 

How to make a Deposit at FanDuel

1. Open FanDuel’s cashier.
2. Select the payment method you want to use to deposit.
3. Enter your card or bank details in the next area.
4. Input the amount of money you want to deposit.
5. Confirm your deposit by clicking the green ‘Deposit’ button.

Fanduel Withdrawal Options

Eligible payment methods for fast withdrawals at FanDuel are debit cards, PayPal, Venmo, and Trustly Online Banking. Transfers via these four methods must undergo a processing period of up to 48 hours, after which FanDuel releases the funds within one hour. 

Some withdrawal methods fall under the ‘other’ category — meaning FanDuel can’t guarantee their speed — and are as follows: Cash at Counter, Play+, and Check. Checks are notoriously slow, so I’d recommend trying a different method unless unable to do so.

Only methods previously used to deposit funds are eligible for withdrawals. If your sole deposit was made with a debit card, you must submit a withdrawal request using the same card. Circumstances vary from person to person, and ineligible methods are greyed out within the cashier. Accepted withdrawal options are lit up in white.

The $1 minimum withdrawal limit offered by FanDuel is yet to be beaten in the US sports betting industry. If you’re debating whether or not to see FanDuel for yourself, why not make use of the sportsbook’s low withdrawal limits after betting?

How to make a Withdrawal at FanDuel

1. Visit FanDuel’s cashier.
2. Click the blue ‘Withdraw funds’ button.
3. Choose a payment method.
4. Enter the amount of money to withdraw.
5. Confirm your withdrawal.

How to Build a Bet at FanDuel

Building bets is your route to creating unique, never-before-seen wagers on FanDuel. Known on the site as ‘Same Game Parlay’, the feature spans football, basketball, soccer, and other top sports. Same game parlays let you mix otherwise separate markets into one wager, with a slew of possible selections for every game.

NFL fans can add touchdowns, passing yards, and receptions to the same slip; soccer punters get the freedom to throw goals, shots, and bookings into one card; basketball bettors now have the chance to place points, game lines, and rebounds within one wager. As long as the ‘SGP’ icon sits next to a market, anything is possible.

Plus, use FanDuel’s Parlay Builder to more easily create bets involving multiple games. 

How to build NFL Same Game Parlays on FanDuel

Head to the NFL tab and select the game you want to bet on. The second option from FanDuel’s event menu is ‘Same Game Parlay’ – just click on it to see which markets are available.

Game lines, player props, touchdown scorers, passing statistics, spreads, and more are all on the table. As with normal selections, you can add picks to your betslip by clicking the odds. However, unlike normal bets, Same Game Parlay legs merge in the betslip to form one large bet. Here’s an example of a FanDuel NFL bet builder taken from 2024’s Divisional Round Playoff game between the Houston Texans and Baltimore Ravens:

• Houston Texans to win @ +360.
• Lamar Jackson anytime touchdown scorer @ +110.
• C.J. Stroud 175+ passing yards @ -580.
• Odell Beckham Jr. 40+ Alt receiving yards @ +100.
• Zay Flowers anytime first-half touchdown scorer @ +320.
• Over 21.5 total first-half points @ -110.

FanDuel’s odds calculator brought this selection’s total odds to +24149. If all outcomes were to come true, a $5 bet would pay out $1,207.46, demonstrating the power behind a strong FanDuel Same Game Parlay.

How to Build NBA Same Game Parlays on FanDuel

Select NBA from FanDuel’s side menu and click on an upcoming fixture. To the right of ‘Popular’ betting markets is a heading titled ‘Same Game Parlay’. Open this area to mix and match markets from 40+ options, including first basket, game lines, quarter totals, player props, and others.

Click on the odds next to outcomes associated with a player or team to add the pick to your FanDuel SGP. This feature is designed to put your predictions on the map, where mundane and predetermined selections are just as acceptable as exciting picks made on the fly. See below for an example of one of my NBA SGPs on FanDuel involving the San Antonio Spurs and Washington Wizards. 

• Spurs to win @ +116.
• Kyle Kuzma to score 20+ points @ -185.
• Tyus Jones to make 2+ threes @ -100.
• Victor Wembanyama to score the first basket @ +490.

This bet is impossible without FanDuel’s Same Game Parlay feature. With odds of +3413, a $10 punt could return $341.35. 

For sportsbooks, opportunity serves as a doorway for new customers. Opportunity at sports betting sites take many forms, notably; promotions, odds, payment methods, transaction limits, and rewards for loyal members. All important, yet not all are the lifeblood of a platform like FanDuel. Just one feature is: betting markets.

These services operate as the supporting cast for sports betting markets. That’s why FanDuel’s selection and depth of sports markets is imperative. I delve into FanDuel’s markets and how you can benefit from them, below.

Available Sports at FanDuel

20 sports markets form FanDuel’s modest list of options, including Aussie rules, soccer, darts, tennis, volleyball, football, and baseball. Along its spectrum of sports resides several curated picks by the sportsbook’s team – as cycling, table tennis, and even snooker join the gang.

Boxing, cricket, golf, ice hockey, lacrosse, MMA, rugby union, rugby league, and motorsport squeeze into the rest of the list, completing a diverse lineup of niche and traditionally beloved sports. 

If you’re angling for a sportsbook full of deep markets, FanDuel’s ideal. Most of the site’s biggest sports — football, basketball, soccer — are fitted with 50+ betting markets. Even cricket with its limited popularity in the US packs 10+ options, while ice hockey, golf, and MMA are each rampant with choice. 

When I want to place a bet on a market outside the primary options — game lines, totals, props — FanDuel is my first port of call. I expect it’ll only expand its armory from here on out, too. 

Live Sports Betting

Take all the markets, statistics, and odds you wish to see at a sportsbook. Now, add live streaming into the mix. 

That’s FanDuel’s live sports betting service. 

In-play betting across soccer, tennis, cricket, ice hockey, rugby, and domestic royalty like the NFL and the NBA are bolstered by detailed game data and specialized betting features. Create Same Game Parlay selections while the event’s underway, take odds at prices you’d never see during the pre-game, and follow live action through a virtual representation of the play or FanDuel’s high-quality live streams. 

You need an account to avail of free in-game streaming – so head over to FanDuel to catch your favorite events without spending a dime.

I like to keep tabs on my bets while I’m out and about, and FanDuel’s app serves that purpose perfectly. Checking in on results during lunch has never been so easy.

But that’s not my favorite aspect. I’m an instinctive bettor, I revel in the moment-to-moment play. FanDuel’s quick-bet feature for mobile is precisely what I need to place instant bets. Deposits and withdrawals are just as effective on a smartphone, too, with all of my FanDuel account data — like payment information — stored on the app. 

The app is your ‘everywhere’ sportsbook. It bundles in-play betting, live streaming, same game parlays, cash-out, and bonuses into one small package – all to make your betting experience that bit easier. The next time you watch the NFL or NBA Playoffs and feel a conceivable wager brimming in your mind, why not check out the free FanDuel app instead of logging in on a PC or laptop? 

FanDuel Sportsbook Licensed States

FanDuel is legal in 24 states right now, with the availability of its online services varying depending on local laws. Of the 24 states, three onboard customers for in-person play only: Washington, Nevada, and Mississippi. 

All 21 remaining states offer retail and/or online sports betting. Here’s a rundown of those locations:

Live chat is a standard feature among modern online sportsbooks, and FanDuel is no exception. Support staff are on hand via the site’s private messaging service 24/7. Click on the ‘Contact Us’ button to access the live chat widget. 

Alternative contact methods include email, Facebook, and Twitter – although all three are subject to availability between 8:00am EST to 12:30am EST daily. To speak with someone over the phone, request a callback by filling out the short contact form. Enter your name, email, phone number, and reason for contact, and describe your issue in the fields provided. I’ll note that waiting times for callbacks can range from a few minutes to several days.

Refer to FanDuel’s extensive FAQ page for minor queries.

Conclusion of Fanduel Sportsbook Review

Multiple factors contribute to FanDuel’s consistent success and high rating in the US sports betting scene. Deep markets, easy payments, a clean interface, and rapid wagering are some of the main benefits of using the platform – serving even the most implacable of bettors something to bite on.

Its platter of 10+ bonuses focuses on different sports year-round. So, whether you’re a domestic sports fan or a follower of global action, it’s only a matter of time before FanDuel flings up an offer suitable for you.

Mobile bettors, desktop punters, bonus hunters, and all-rounders – FanDuel is for every person. New customers get $200 from a $5 wager for a limited time, so why not see if your favorite games are available on FanDuel right now?