Fanduel Review | Is it legit & safe?

Last updated: June 14, 2023

FanDuel has become a popular platform for both daily fantasy sports and sports betting enthusiasts. Launched in 2009, the site provides its services in the US and Canada and continues to gain traction as one of the top 2 all-around daily fantasy sports platforms. In this review, we aim to evaluate the performance of FanDuel in various aspects, such as user experience, security, customer support, and more, providing you with a comprehensive understanding of the platform.

Throughout the years, FanDuel expanded its offerings to include sportsbook, horse racing, and casino gaming, ensuring there is something for everyone. Payment options such as PayPal and online bank transfer are available, facilitating easy deposits and withdrawals.

However, in order to provide a well-rounded review, it is essential to also analyze areas where improvements could be made. Besides exploring the positive aspects of FanDuel, this article will dive deeper into challenges the platform may face, to equip you with enough information before you decide to potentially place bets or participate in daily fantasy sports on FanDuel.

FanDuel Betting Overview

What is FanDuel?

FanDuel is a popular online platform that offers sports betting, daily fantasy sports, and casino games to players in various states. It was initially established as a daily fantasy sports site and later expanded its offerings to include sports betting and casino games. FanDuel’s user-friendly interface and competitive odds make it an attractive choice for those looking to bet on sports and enjoy casino games.

FanDuel Pros and Cons

Pros:

  • User-friendly interface and easy transition from daily fantasy to sports betting and casino games
  • Competitive odds and a wide range of betting markets
  • In-play betting and live streaming capabilities
  • Various deposit and withdrawal methods

Cons:

  • Limited live streaming options compared to other sportsbooks
  • Some restrictions on betting depending on the state

Who is FanDuel Best for?

FanDuel is an excellent choice for casual and experienced bettors who are looking for a user-friendly platform with competitive odds. It’s also a great option for those who enjoy playing daily fantasy sports and want to transition smoothly between fantasy and sports betting.

Which States is FanDuel Legal in?

FanDuel operates legally in many US states, including Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Louisiana, Maryland, Massachusetts, Michigan, Mississippi, New Jersey, New York, Pennsylvania, Tennessee, Virginia, and West Virginia. However, the availability of sports betting, daily fantasy, and casino games may vary depending on each state’s regulations.

Who Regulates FanDuel and Does This Differ per State?

FanDuel is regulated by state-specific gaming commissions and authorities, such as the New Jersey Division of Gaming Enforcement, Pennsylvania Gaming Control Board, and the Colorado Division of Gaming. This means that regulatory oversight might differ from state to state, affecting the platform’s offerings and betting restrictions.

Promotions and Bonuses

What Are the Promotions and Bonuses Offered by FanDuel?

FanDuel offers a range of promotions and bonuses to attract new players and keep existing ones engaged. The most notable bonus is their $1,000 No Sweat First Bet, where new users receive a refund of up to $1,000 if their first wager loses. This serves as an enticing incentive for those looking to join FanDuel’s sportsbook.

In addition to the first bet offer, FanDuel provides a variety of promotions based on sports seasons and major events. Some examples include:

  • Parlay insurance
  • Risk-free wagers
  • Odds boosts

These promotions change frequently, so it’s essential for players to keep an eye on the promotions page for the latest offers.

Does FanDuel Offer Rewards and Loyalty Programs?

While FanDuel does not offer a traditional rewards or loyalty program for its sportsbook customers, they do have an engaging loyalty program for their daily fantasy sports players, called FanDuel Players Club. Through this program, users can earn FanDuel Points (FDPs) based on their participation, which can then be redeemed for entry into daily fantasy contests, essentially serving as rewards in the form of free gameplay.

Other Promotions Offered by FanDuel

Aside from the sportsbook promotions and daily fantasy rewards, FanDuel also offers promotions for their casino platform. Players can enjoy bonuses such as:

  • Refunds of up to $1,000 in their first 24 hours of play
  • Game-specific promotions
  • Free play offers

In summary, FanDuel consistently offers attractive promotions and bonuses in their sportsbook, daily fantasy sports, and casino platforms. These incentives cater to a wide range of players and needs, making FanDuel a competitive choice in the online gambling and gaming market.

Betting with FanDuel

What are the Odds Like with FanDuel?

FanDuel is known for offering competitive odds on numerous sports events, making it one of the top sportsbooks for betting enthusiasts. The odds are usually on par with other major sports betting platforms, ensuring that bettors have a fair chance of making profitable picks. FanDuel also offers various odds formats, including American, Decimal, and Fractional, catering to different bettors’ preferences.

How to Get Started with FanDuel?

To begin betting with FanDuel, follow these simple steps:

  1. Visit FanDuel’s website or download the mobile app.
  2. Register for a new account by providing the required details, such as your name, email, and password.
  3. Verify your account through the provided email link.
  4. Deposit funds into your account using preferred payment options such as PayPal or Online Bank Transfer.
  5. Browse the available sports events and markets to place your first bet.

Remember to check for any ongoing promotions or bonuses that FanDuel may offer to new users, like a $1,000 No Sweat First Bet, to maximize your betting experience.

All FanDuel Sports Options and Betting Markets Reviewed and Compared

FanDuel offers an extensive range of sports and betting markets, making it a one-stop-shop for sports enthusiasts. Some popular sports available on FanDuel include:

  • Football (NFL and College)
  • Basketball (NBA and College)
  • Baseball (MLB)
  • Soccer (MLS, Premier League, UEFA Champions League)
  • Golf (PGA and LPGA)
  • Tennis (ATP and WTA)

In addition to these sports, FanDuel also covers niche markets like eSports, Australian Rules, and more. Various bet types are available, such as moneylines, point spreads, over/under totals, future bets, and prop bets, catering to multiple wagering preferences.

FanDuel’s user experience is highly praised, with an easy-to-navigate interface that allows bettors to efficiently browse through available events, odds, and bet types. The platform stays up-to-date with current sports trends, ensuring sports fans are never left behind in their wagering endeavors.

Banking Options

What Are the Deposit Options with FanDuel?

FanDuel offers a variety of deposit options for its customers. Some of the most popular methods include:

  • Credit Cards (Visa, MasterCard, Discover)
  • PayPal
  • Online Banking (ACH)

What Are the Withdrawal Options with FanDuel?

When it comes to withdrawing funds from your FanDuel account, there are a few options available:

  • PayPal
  • Check via Mail
  • FanDuel Prepaid Card
  • Online Banking (ACH)

Is There a Minimum Deposit to Bet at FanDuel?

Yes, there is a minimum deposit required to start betting on FanDuel. The minimum deposit amount is usually $10, but it may vary depending on the chosen deposit method.

How to Deposit Money to FanDuel?

To deposit money into your FanDuel account, follow these steps:

  1. Log in to your FanDuel account.
  2. Click on the “Add Funds” button located in the top right corner of the screen.
  3. Choose your preferred deposit method from the available options.
  4. Enter the amount you wish to deposit and confirm the transaction.

How to Withdraw Money from FanDuel?

Withdrawing money from your FanDuel account is quite simple. Here’s how:

  1. Log in to your FanDuel account.
  2. Navigate to the “My Account” page.
  3. Select the “Withdraw” option.
  4. Choose your preferred withdrawal method and enter the amount you wish to withdraw.
  5. Confirm the transaction to initiate the withdrawal process.

How Long Does It Take?

Withdrawal processing times can vary depending on the chosen method. For example, PayPal withdrawals are usually completed within 24-48 hours, while checks via mail can take up to 7-10 business days. It is important to note that withdrawing via the FanDuel prepaid card or online banking (ACH) may offer faster payouts.

Fanduel Platform

Design and Layout

FanDuel boasts an incredibly designed Sportsbook user interface, making it easy for users to navigate and find their desired sports events or prop bets. The streamlined layout ensures fast and efficient browsing, with important information presented clearly on the screen.

Does Fanduel Have an App?

Yes, FanDuel offers a mobile app for both iOS and Android devices. The app provides a similar user experience as the website, with an intuitive design that allows for swift and seamless navigation. Users can easily place bets, participate in fantasy contests, and manage their accounts through the app.

Fanduel Desktop vs Mobile Overview

Both the FanDuel website and mobile app offer an exceptional user experience. The desktop version offers a full-featured interface, while the mobile app provides a more compact layout optimized for smaller screens. Here’s a quick comparison of the two platforms:

Feature Desktop Mobile App
User Interface Sleek, well-organized Optimized for smaller screens
Navigation Easy to find desired events Fast, intuitive browsing
Account Management Accessible, user-friendly Seamless in-app account control

Overall, FanDuel offers an excellent Fanduel platform both for desktop and mobile devices, ensuring that users have a great experience regardless of their preferred platform.

Customer Support and Reviews

FanDuel Customer Service Details in the US

FanDuel offers multiple channels for customers to get assistance with their concerns or issues in the United States. You can submit queries or requests through their email at [email protected]. Keep in mind that response times may vary, usually ranging from 12-24 hours. Alternatively, you can leave a voicemail message at FanDuel’s customer service line 609-224-1019.

FanDuel Online Reviews from Trustpilot (Summarized)

FanDuel’s online reviews on Trustpilot paint a mixed picture of the platform. With an overall rating of 1.3 stars out of 5, the majority of customers appear to be dissatisfied with their experiences. Here’s a summary of the ratings:

Rating Percentage of Reviews
5-star 3%
4-star 2%
3-star <1%
2-star 3%
1-star 91%

The most common complaints include issues with customer service, difficulties with live chat, and problems reported multiple times. However, it’s essential to keep in mind that online reviews may not always present an accurate representation of a company, as users with negative experiences could be more likely to share their thoughts compared to those who have positive encounters.

Safety and Security

FanDuel Safety and Security for Gamblers

FanDuel prioritizes the safety of its users. They are licensed in 13 states, and they operate retail sportsbooks in some areas where mobile sports betting is not yet licensed. The platform has implemented advanced communication and encryption technologies to ensure all transactions and personal data are secure.

FanDuel Responsible Gambling Measures

FanDuel encourages responsible gambling by offering several tools and resources for its users:

  • Deposit Limits: Players can set daily, weekly, or monthly deposit limits.
  • Time Limits: Users can set session duration limits to control the time spent on the platform.
  • Self-Exclusion: Users can self-exclude from the platform for specific time periods or indefinitely.
  • Reality Check: Players receive updates about their casino session length and history.
  • Support: FanDuel offers support and guidance on responsible gambling practices.

FanDuel KYC Process

FanDuel’s Know Your Customer (KYC) process is mandatory for all users to verify their age and identity. The process involves the following steps:

  1. Provide personal information, including name, address, date of birth, and Social Security number.
  2. Upload a government-issued ID document, like a passport or driver’s license.
  3. Provide a utility bill or bank statement for address verification.

Users are required to complete the KYC process within a specified time frame, or their accounts may be temporarily suspended or terminated.

Is Anything Hidden in FanDuel Terms and Conditions?

FanDuel’s Terms and Conditions are designed to provide transparent information about their platform and services. However, users should carefully review the terms and conditions to understand their rights, restrictions, and obligations. Some points to consider include:

  • Wagering Requirements: Users must meet specific requirements to withdraw bonus winnings.
  • Geolocation: Players must be physically located in a state where FanDuel is licensed and operating legally to access the platform.
  • Restricted Activities: Certain activities like collusion, abuse of promotions, and multi-accounting are prohibited.

By understanding these key points, users can make informed decisions about their involvement with FanDuel.

Company Information

Fanduel

FanDuel is a top name in the sports betting world, offering players a variety of bet markets and sport choices. The company is known for its user-friendly platform, attractive odds, and numerous promotions. It has also invested heavily in technology, partnering with licensed casino operators in most states where it offers sports betting services. FanDuel is currently the No. 1 U.S. sportsbook according to a Forbes review.

Owner Background Information

FanDuel was founded in 2009 by five entrepreneurs: Nigel Eccles, Tom Griffiths, Lesley Eccles, Rob Jones, and Chris Stafford. The company began as a daily fantasy sports (DFS) provider but quickly expanded into the sports betting arena. In 2018, Paddy Power Betfair, a leading international sports betting and gaming operator, acquired a controlling interest in FanDuel. Later that year, Paddy Power Betfair rebranded as Flutter Entertainment plc, with FanDuel becoming a subsidiary of the multinational company.

While FanDuel is known for its success in the sports betting industry, it has faced some challenges in terms of customer service. The Better Business Bureau (BBB) gives FanDuel a 1.09/5 rating based on 158 customer reviews and has recorded over 1,000 complaints in the past 12 months. However, it’s essential to note that customer experiences can vary, and it’s crucial to thoroughly research a provider before signing up.

As a Flutter Entertainment subsidiary, FanDuel benefits from the financial backing and expertise of one of the industry’s largest corporations. This foundation contributes to the company’s consistent improvement of its sportsbook offerings and its focus on adopting the latest technologies to enhance the user experience.

Alternatives and Conclusion

Top 3 Fanduel Alternatives for Sports Betting

  1. DraftKings: Known for its popular daily fantasy sports platform, DraftKings also offers a robust online sports betting experience. With a wide range of sports and betting markets, DraftKings stands as a strong alternative to FanDuel.
  2. BetMGM: This well-established sportsbook is a great option for users looking for a brand with an extensive history in the industry. BetMGM provides competitive odds, an easy-to-navigate platform, and an array of betting options.
  3. PointsBet: As a newer entry into the sports betting market, PointsBet brings innovation with its unique points betting system. In addition to the traditional betting markets, PointsBet offers a different and exciting way to wager on sports events.
Sportsbook Key Features
DraftKings Daily Fantasy Sports, Large Betting Options, User-Friendly
BetMGM Competitive Odds, Established Brand, Variety of Markets
PointsBet Innovative Points Betting System, New and Fresh Platform

Is FanDuel a Good Choice for You?

While FanDuel is a popular choice in the online sports betting market, it’s essential to consider if it’s the right choice for you. FanDuel offers a user-friendly platform, competitive odds, and a wide range of sports to bet on. Additionally, their mobile app has received positive reviews from users, making it a top choice for those who enjoy betting on-the-go.

However, it’s also good to explore alternatives like DraftKings, BetMGM, and PointsBet, depending on your betting preferences and specific requirements. By comparing features, promotions, and user experiences, you can make an informed decision on which sportsbook suits your individual needs.

Frequently Asked Questions

Is FanDuel legit?

Yes, FanDuel is a legitimate platform for sports betting and daily fantasy sports. They have partnered with licensed casino operators in most states where they offer sports betting and invested heavily in their technology. FanDuel is the No. 1 U.S online sportsbook. You can read more about it in this Forbes review.

How are payouts in FanDuel?

Payouts at FanDuel are generally fast and reliable. They offer a variety of banking options, with most transactions being processed within 24 to 48 hours. However, some methods may take longer.

What are FanDuel drawbacks?

FanDuel sportsbook possesses very few drawbacks. However, some users might find the following limitations:

  • Restricted availability in some states due to legal regulations
  • Limited promotional offers and bonuses compared to some other sportsbooks

Despite these drawbacks, FanDuel remains a popular choice due to its user-friendly interface, wide range of betting options, and commitment to customer support.

FanDuel vs DraftKings: differences?

FanDuel and DraftKings are both popular platforms for daily fantasy sports and sports betting. Some key differences between the two platforms are:

Parameter FanDuel DraftKings
User Interface Slightly simpler More statistics
Promotions Mid-level More attractive
Odds Pricing Competitive odds Slightly better

Ultimately, both platforms have their unique features and advantages, and choosing between them is a matter of personal preference.

How does FanDuel Casino work?

FanDuel Casino offers various casino games for users to enjoy, such as slots, blackjack, roulette, video poker, and more. Access to FanDuel Casino is available through the FanDuel Sportsbook app in selected states or via a separate dedicated casino app in others. The casino is operated in collaboration with licensed partners, ensuring it adheres to all legal regulations and provides users with a secure gaming experience.

Can I trust FanDuel Sportsbook?

Yes, you can trust FanDuel Sportsbook. It has established itself as a reliable and secure platform for online sports betting in the United States. The platform is fully licensed and regulated, and it uses SSL security measures to protect users’ personal and financial information.