Oct 30, 2020 PayPal is one of the available withdrawal options at FanDuel Sportsbook, but this is only available if used to deposit money. Customers are able to link their PayPal accounts to their FanDuel account when signing up. FanDuel Sportsbook can also issue a check in two different ways to customers. FanDuel Withdrawal Times The Sportsbook with one of the fastest options for payout processes is FanDuel, offering winnings withdrawals through ACH/E-Check, physical checks, PayPal and the FanDuel Prepaid Card. The FanDuel Prepaid Card is one of the fastest withdrawal options available for getting quick access to your winnings.
Generally, withdrawals will be faster if you choose the same banking option you used to make a deposit. FanDuel accepts the following withdrawal methods: ACH eCheck, direct bank transfer, prepaid FanDuel Play+ card, cash at cage and check by mail. Depending on your bank, bank transfers and ACH eChecks will be deposited within two business days. New customers only – Minimum deposit of £10 using deposit code 30F - A qualifying bet is a ‘real money’ stake of at least £10 placed on any sports market - Minimum odds of 1/2 (1.5) - Free bets credited upon qualifying bet settlement and expire after 7 days - Free bet stakes not included in returns - Deposit balance is available for withdrawal at any time. FanDuel does a much better job with their sportsbook offer. It's a free bet up to $1,000 and I'm a fan of free money. Depositing Options FanDuel is legit and provides users with virtually every legitimate way to deposit money on their platforms other than cryptocurrency. You won't be lacking here. Beginner Player Protection.
FanDuel Sportsbook Review
FanDuel got its start as a daily fantasy sports operator, but they have emerged as a true leader in the sports betting industry. Most industry experts consider FanDuel as the top sports betting operator in the industry, and there are several reasons why.
This FanDuel Sportsbook Review will point out some of the best components of the online sportsbook and discuss where this sportsbook is available. FanDuel continues to be a leader in the sports betting industry, and that will only grow as more states legalize sports betting.
The following is a quick Fanduel Sportsbook Review. If you're looking for more details, please continue reading.
FanDuel Sportsbook is one of the most popular sportsbooks in the industry, and they have put up some terrific numbers since launching. FanDuel continues to grow and add more states, and that will likely remain the case for the next several years.
There was some concern in the industry about FanDuel’s ability to offer sports betting after it built its brand on the daily fantasy sports side of things. Those concerns were erased immediately as it became clear that FanDuel would be a major player in the industry.
One of the biggest reasons that FanDuel has become so popular is due to its terrific mobile app that gives customers a great experience. FanDuel has also partnered with several professional leagues or teams, and their marketing team has helped bring in a large number of customers.
FanDuel Sportsbook offers some of the best betting lines in the industry, and there are several unique ways to bet on sports at the site. The company has plenty of competitors in the growing industry, but they continue to stand out above the rest.
Even though FanDuel has not expanded into as many states as some of its competitors, it is a clear leader in most of the states where it operates. As more states legalize the industry, FanDuel will be looking to launch new sportsbooks throughout the country.
This FanDuel Sportsbook Review will explain the FanDuel brand and will point out some of the differences between this company as some of its competition.
Promo Codes or Special Offers
One of the biggest negatives about FanDuel Sportsbook is their lack of deposit bonuses. FanDuel does offer a welcome bonus for new customers, but their overall offer is much smaller than some of its biggest competitors.
FanDuel does not require a promo code to take advantage of the welcome offer, and it will be awarded to anyone that creates a new account. New customers can receive a risk-free bet up to $500, depending on the amount that is deposited when signing up.
One of the unique features of the FanDuel Sportsbook was the welcome back offer that they extended to all of their existing customers. FanDuel recognized that many bettors stopped betting when live sports shut down, and the company was hoping to get these customers back.
FanDuel credited all of their six million customers with a free $10 in their account to entice them to come back and get in on the action. Those customers could then take advantage of a $100 risk-free bet offer available for the first 24 hours that a customer re-activated their account.
Even though FanDuel Sportsbook has emerged as one of the leaders in the industry, they have not launched in as many states as some of their competitors. This decision was made by FanDuel, but the company is looking to expand in the coming months.
FanDuel Sportsbook has dominated the market in the states where they have launched, and their terrific mobile app is one of the main reasons. Despite being available in just a handful of states, FanDuel continues to bring in some huge numbers in betting handle and total revenue.
Their online sportsbook is currently available in just five states, and they also provide retail sports betting in both New York and Mississippi. These states have yet to legalize online sports betting, but FanDuel will likely move online when they do so.
The state of New Jersey was one of the first states to legalize sports betting following the decision from the Supreme Court, and FanDuel was ready to pounce. FanDuel has partnered with the Meadowlands to run a retail sportsbook as well as provide mobile betting.
FanDuel was also able to launch its brand in Pennsylvania by partnering with the Valley Forge Casino Resort. This partnership allowed FanDuel to provide both retail and online sports betting in the state.
West Virginia also took an aggressive approach in the sports betting industry, and FanDuel Sportsbook was able to launch prior to the start of the 2019 football season.
Indiana and Colorado are two of the most recent states to legalize sports betting, and FanDuel has a strong presence in both states. These two states are expected to become leaders in the industry, and FanDuel will play a huge role in that happening.
Funding your account: Deposit options
FanDuel Sportsbook wants to make the banking process extremely easy for their customers, and they offer a wide range of available deposit options. Some of these deposit options are not available in every state that they operate, but customers will still find plenty of suitable options.
Most customers don’t choose a sportsbook because of the available deposit options, but it’s one of the reasons that FanDuel is a leader in the industry. The quick and easy deposit process helps customers reload their account, and allows customers to get back in the game much quicker.
- Credit Card: One of the easiest ways for customers to reload their accounts at FanDuel is to use a credit or debit card. FanDuel Sportsbook accepts both Visa and Mastercard payments.
- PayPal: FanDuel Sportsbook has partnered with PayPal, and this is an acceptable form of deposit at the site. Customers can simply link their PayPal account at FanDuel to allow for quick and easy deposit transactions.
- Prepaid Card: A new feature to FanDuel, the company now offers its very own prepaid card. Customers can reload the account using cash or other forms of payment, and those funds can then be transferred to their sports betting account.
- ACH (ECheck): Customers can use their bank account to send an e-check to FanDuel Sportsbook to put more money on their account. Some banks don’t allow for this type of transaction to take place, and it’s important to check with your banking institution before initiating this transaction.
- Check: FanDuel Sportsbook will also allow customers to deposit money using a check, but this option is not extremely popular anymore. Depositing by check can also take up to a week to process.
- PayNearMe: PayNearMe kiosks and machines are set up at 7-Eleven stores in several states throughout the country, and this is an available deposit option for most customers.
- Casino Cage: Customers that live in a state where FanDuel operates a retail sportsbook can also visit the casino cage to place a deposit with a teller that is on duty. This process is extremely quick, and the funds will be available instantly.
Available Sports, Games, and Bets
FanDuel Sportsbook is extremely popular because of its wide range of sports offered, and available betting types. FanDuel has to follow state rules and regulations regarding what they can feature on their site, but they push the envelope in both categories.
Even though FanDuel is a company that is based in the United States, they also feature bets on some of the top international sports and leagues. FanDuel offers the most common betting types to their customers, as well as some unique betting options.
The list of sports offered at FanDuel continues to grow, but some of the biggest and most popular leagues continue to bring in the most betting action. Here are some of the sports that are featured at FanDuel Sportsbook throughout the US:
- Other Motorsports
- Table Tennis
FanDuel Sportsbook will offer common betting types on all of the sports listed below, but they also feature some of the best live betting options in the industry. Their in-play bets are easier to take advantage of through a mobile app, but this can also be done at a retail sportsbook.
Some of the most common betting types that are offered at FanDuel Sportsbook are moneyline, spread, total, futures, parlays, teasers, and prop betting.
FanDuel Sportsbook also offers alternate lines for a number of their bets, and they specialize in odds boosts as well. The sportsbook will display all of their boosted odds bets on their page or mobile app each day.
Most online sportsbooks are limited in terms of the number of withdrawal options that they can offer, and that is the case with FanDuel Sportsbook as well. Even though there aren’t a huge number of available withdrawal options, FanDuel still provides a quick and easy banking process to customers that want to receive their winnings.
There are five withdrawal options available at FanDuel Sportsbook, but the deposit method that was used can limit the choices. FanDuel is quick and efficient when sending out winnings to their customers, but some withdrawal methods take longer than others.
PayPal is one of the available withdrawal options at FanDuel Sportsbook, but this is only available if used to deposit money. Customers are able to link their PayPal accounts to their FanDuel account when signing up.
FanDuel Sportsbook can also issue a check in two different ways to customers. A check by mail is one of the available options, but this process can take more than a week to complete. Customers can also request an e-check as long as the company has the customer’s bank information.
FanDuel Sportsbook also has its own prepaid card, and customers can reload money onto this card at any time. Customers can then use the prepaid card to fund their sports betting account.
Finally, customers can visit a casino that has partnered with FanDuel to receive their winnings in person.
FanDuel Group is a company that is based out of New York City, and the company was founded in 2009. There were five men that are credited with being co-founders of the company, and FanDuel is now the second biggest DFS provider in the United States.
Nigel Eccles, Lesley Eccles, Tom Griffiths, Rob Jones, and Chris Stafford were the five men who founded the company in 2009, and they have seen tremendous growth and wealth since that time.
The company now employs more than 1,000 people worldwide, and they have more than 6 million members signed up throughout the United States. The co-founders worked at Hubdub, a news prediction site, and they wanted to find a way to make sports betting more exciting for the average fan.
In 2015, the company announced that it was now valued at more than $1 billion after a series of funding took place. In 2016, some workers at DraftKings won more than $6 million by using their knowledge of the industry, and the two competitors agreed to prohibit employees from playing at either site.
Later in 2016, DraftKings and FanDuel announced that they intended to merge, and the companies were able to agree on the deal. The Federal Trade Commission shut down the merger because they feared that this transaction would create a monopoly in the industry.
Irish bookmaker Paddy Power Betfair acquired FanDuel in May 2018. Paddy Power Betfair is now known under the name Flutter Entertainment. Flutter Entertainment has continued to operate under the FanDuel name as the company has built up a huge customer base throughout the US.
FanDuel broke into the sports betting industry in 2018 when the company launched its brand of sportsbook at the Meadowlands Race Track in New Jersey. FanDuel was able to partner with the Valley Forge Casino in Pennsylvania in March 2019, and they have continued to grow since that time.
Daily Fantasy Sports (DFS) are a lot of fun to play and a great way for fans to get more involved in the sports they love to watch. DFS can also turn causal fans into fantasy strategists and motivated competitors trying to win their next tournament or head to head matchup. From football to basketball, and just about every sport in between, there’s something for everyone.
With numerous daily fantasy sports outlets available, there are really only two that stand head and shoulders above the rest: DraftKings and FanDuel. These two DFS giants have become entrenched not only in fantasy sports, but also with real life professional sports as they are partners with various professional leagues.
Even if you don’t play daily fantasy sports, you can’t watch a sporting event without seeing at least one advertisement from DK or FD. A few years ago, these two companies spent roughly $150 million dollars on internet and television advertising in the 3rd quarter alone. This was to cover the start of football season. In fact, during that same period, DraftKings averaged a TV commercial every 90 seconds.
Despite the overwhelming inundation of advertisements from these two companies, they must be doing something right because DK and FanDuel combine for at least 90% of the DFS market. With that said, the competition between the two companies makes it difficult for many fantasy players to choose one over the other.
If you find yourself struggling to pull the trigger on joining DraftKings or FanDuel, then take a look at the following comparison:
Background on the Two DFS Powerhouses
FanDuel is considered the founding father of daily fantasy sports. In 2009, a group of friends set out to change the landscape of fantasy sports as we know it. They came up with a groundbreaking idea to create daily fantasy sports, instead of playing in season long fantasy games. Their idea transformed the fantasy sports industry as a whole. Headquartered in New York City, the company has offices in Los Angeles, Orlando, Glasgow and Edinburgh. FanDuel is valued at over $1 billion dollars as they have partnered with the National Basketball Association and nearly half of the NFL teams.
DraftKings was created in 2012 and is the exclusive daily fantasy sports partner with the National Hockey League, NASCAR, Canadian Football League, Major League Baseball and Major League Soccer. The company’s headquarters is in Boston, MA, and they also have offices in London and New York City. Although they still trail FanDuel for DFS market shares, DraftKings has closed the gap within the last few years and is a serious threat to take FanDuel’s top spot.
Who Can Play
To play on DraftKings or FanDuel you have to be at least 18 years of age and a resident of the United States or Canada. In Massachusetts, you have to be at least 21 years of age. Unfortunately, if you are a resident in one of the following states then you are prohibited from playing due to the banning of DFS in these states:
In a handful of these restricted states, you can open and maintain an account, but you are unable to enter leagues with entry fees and ineligible to win prizes.
Creating an Account
Both sites have quick sign up processes. However, DraftKings does offer the option of joining or logging in with your FaceBook account and FanDuel does not.
Deposits – each site offers various options for deposits like: PayPal and major credit cards. One difference is that FanDuel doesn’t allow deposits made directly via American Express cards. Also, each company has deposit limits that can only be increased after you contact them directly.
SignUpBonuses – Depending on the season, there are different bonuses offered. For example, during football seasons, bonuses will be geared toward football contests. However, regardless of the season, FanDuel offers a better sign up bonus than DraftKings.
Currently, FD is offering the following sign up bonus:
- 3 free plays: one for MLB, NBA and PGA
- 20% Bonus Play for up to $50
Currently, DraftKings is offering a free $3 ticket into one of their $3 contests.
Withdrawals – Both companies have verification processes, but the edge for withdrawal options goes to FanDuel and here’s why: FD allows withdrawals via PayPal and checks. DraftKings makes it a bit more tedious to get your winnings. The first $50 of your total withdrawal amount goes back to the original source of deposit.
For example, if you used a MasterCard to make your deposit then the first $50 of your withdrawal amount will go back to your MasterCard. The remaining withdrawal amount will go to your preferred source: PayPal, Check or Credit Card.
Referral Program – Each company has a referral program that offers DFS cash to use in their contests. DraftKings gives 20 DK Dollars to you and the referred person. FanDuel only offers $10 to each individual. Terms and conditions apply for both referral programs.
Fantasy Sports Available
Each company offers the following major fantasy sports:
This is where FanDuel ends and DraftKings separates itself as they also offer:
As you can see, the slight edge goes to DraftKings in sports offered. If you are a diehard fantasy MMA, NASCAR or eSports player then you will definitely choose DK.
Each company is set up similarly as they both have impressive web sites and cool looking apps for iOS and Android. Users for both sites will log in and then go directly to the Lobby where they can access all of the contests, different sports, create contests, access or create line-ups and more.
The navigation, layout, and interaction for the websites and apps are top-notch. Both sites offerr a wide range of leagues, contests and tournaments from free to high stakes. There really is no separation between the two when it comes to their platforms other than the color schemes and look/feel:
- FanDuel is blue and white with a cleaner, minimalistic look
- DraftKings is black and white with a more immersive and interactive feel
Inside the DFS Game: Scoring and Lineups
In 2017, over 59 million people across the United States and Canada were playing fantasy sports, according to the Fantasy Sports Trade Association. This includes both traditional and daily fantasy sports. Of the 59 million fantasy players, roughly 73% of them play fantasy football. Since this is the most popular fantasy sport by far, we’ll take a look at some of the subtle differences between these two DFS companies within the actual game:
Both DK and FD have 9-spot roster lineups to fill. However, they feature a few key differences:
- FanDuel has a $50,000 salary cap and DraftKings has a $60,000 salary cap.
- FanDuel requires you to choose a kicker and DraftKings does not.
- DraftKings has a flex position and FanDuel does not. The flex position allows you to choose another RB, WR or TE.
- They both have a Defensive lineup spot, but DraftKings also factors in special teams where FanDuel is more limited.
One feature that I feel DraftKings has the advantage over FanDuel is that DK allows you to create a lineup first and then enter that specific lineup into multiple tournaments. This means that you don’t have to already be enrolled or registered for a tournament, contest or league to create the lineup.
Another notable lineup difference between the two is that DK allows for a late player swap and FD does not. So, if you decide that you want to change out a player who has a game on Sunday night for another player of the same position in that game or the Monday night football game, DK lets you do this and FD does not.
Fanduel Withdrawal Time
For many casual fans, or beginners, the scoring differences might not matter to you. But, for those experienced fantasy football players who are making the jump to DFS, scoring is more than just a preference, it can impact the entire way you play the game.
For the most part, both DK and FD have the same scoring systems. However, the following differences are noticeable to the experienced player:
- DraftKings offers scoring bonuses for QB’s that throw for over 300 yards and any player who totals over 100 receiving yards. FanDuel does not have any scoring bonuses.
- DK gives 1 point per reception and FD gives only .5 points.
- FD subtracts 2 points for every fumble lost and DK only subtracts 1 point.
- DraftKings counts special teams touchdowns against the defense and FanDuel does not.
- FanDuel includes points for made field goals and DraftKings doesn’t even have a kicker option.
Fanduel Sportsbook Withdrawal
Keep in mind, the above differences are for fantasy football only. Each fantasy sport offered by both companies has its own set of lineup and scoring differences. It’s important that you thoroughly check out each fantasy sport to see which one you prefer.
DFS Player Badges
A few years ago, DraftKings and FanDuel were at the center of controversy when it was discovered that rival employees were winning big at their competitor’s daily contests and that there was a severe imbalance between the elite players and the average Joe. Since then, both sites have undergone significant changes to protect their players. In addition to banning all employees from any DFS site, both DK and FD added badges to player profiles and created leagues or contests specifically designed for beginners.
The badges are designed to show a player’s experience level, so that beginners and casual players don’t get treated like ATM machines by the high level players. FanDuel’s badges are easier to understand as they’re either a blue star or a white star. However, you have to do a little more work to see what the player’s badge is for other entries into a contest. DraftKings makes it easier to see a player’s badge, but they’re like the U.S. Military as they have different bars that represent different levels of experience. This has caused some confusion for users trying to figure out how good their opponents really are.
Which One Should You Use?
Hopefully, after reading this article, you have learned more about each company and some of the major differences between the two. Armed with the knowledge from above, you can make an informed choice on which DFS company to use.
Before I give you my preference, here’s a summary of notable differences:
- DraftKings offers more sports to choose from, higher stakes, scoring systems that are comparable to season long fantasy leagues and a better referral bonus.
- FanDuel is clearly superior in their sign up bonuses, easier to deposit and withdrawal, has a cleaner look and a simpler user experience.
Fanduel Withdrawal Rules
I believe that, like betting on professional sports, you should have multiple DFS accounts to shop for the best chance at winning. For example, when betting on football, you should have accounts at 3 or 4 different reputable sports betting sites to get the best lines and odds available. In DFS, depending on the NFL matchups for the week, it might be better to go with DraftKings scoring instead of using FanDuel and the kicker. However, other weeks might be better suited for using FanDuel and their non-bonus scoring. Since it’s free to create an account with DK and FD, not only can you take advantage of the bonuses, you can choose the ideal scoring system based on the week’s matchups.