FanDuel Sportsbook Review: Bet $5, Win $200 in Bonus Bets

Written by Chris Cochran
Checked by Joshua Howe
Last update: 10 Jul 24
Reading time 7 min
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Explore this comprehensive FanDuel review, where I dive into why this sportsbook is a popular choice among U.S. sports bettors. With its attractive bet $5, win $200 in bonus bets welcome offer for new users, FanDuel solidifies its position as one of the best sportsbooks in the industry. Read on to discover all that FanDuel has to offer.

Expert rating
Number 1 of all reviewed sportsbooks!
5.0
Bonus Offer
Ranked 6 out of 12 Sportsbook Promos
5.0
  • Lowest
    $100
  • $200
  • Highest
    $1500
Mobile and app
Number 1 of all reviewed sportsbooks!
5.0
  • Mobile browser

    Mobile browser

    Register
  • iOS Devices

    Download at App Store
  • Android

    Google Play icon
    Download at Google Play
Average Payouts
Ranked 5 out of 12 bookies in USA
3.5

Payout percentage represents the quality of odds a sportsbook offers. As a rule: the closer the payout percentage to 100%, the better odds you receive from a sportsbook!

in USA USA
  • FanDuel  •  Rank 5 94.44%
  • Caesars  •  Rank 1 95.19%
  • Average of 12 sportsbooks
    94.28%
Top sports
  • Football
    Football
    95.38%
  • Hockey
    Hockey
    95.68%
  • Soccer
    Soccer
    94.07%
State coverage
Ranked 3 out of 12 bookies in USA
3.0
Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming District of Columbia
  • Accepted
  • Restricted
USA USA players are accepted
Accepted states
Restricted states
Bank and limits
Ranked 4 out of 12 bookies in USA
4.0
Slow
Fast
Payout speed
  • $5.00
    Min deposit
  • $25,000.00
    Max limit
Payment methods
  • PayPal
  • Visa
  • MasterCard
  • Ewire
  • Apple Pay
  • Credit card
  • Internet banking
  • Paynearme
  • Playplus
  • Venmo
Accepted currencies
  • USD
    USD
Features
Ranked 7 out of 12 bookies in USA
3.5
  • Cash Out
    Cash Out
Other betting products
  • Casino
    Casino
  • Poker
    Poker
Customer care
Ranked 10 out of 12 bookies in USA
3.0
  • Live chat
    Live chat
    Yes
  • Live chat
    Yes
FanDuel Details
Date Founded 31 Dec 2008
Brand Owner FanDuel Group
Brand CEO -
Employees -
HQ Country United States
HQ Address 300 Park Avenue South, 14th Fl. New York, NY 10005.

An expert’s opinion on FanDuel

FanDuel positions itself as the sportsbook that provides customers with diverse opportunities to succeed. It's a claim that holds weight, considering it offers dozens of different sports for betting, along with a multitude of betting markets within all major sports.

FanDuel Sportsbook has invested considerable effort into establishing a reliable reputation within the sports betting industry, and it's clear that this dedication has paid off. The FanDuel Sportsbook app is widely recognized as the premier option among all available sports betting apps.

Simply put, FanDuel is one of the best sportsbooks in the U.S.

  • Bet $5, Win $200 in Bonus Bets
    No code required Claim bonus

    New customers only. 21+. Wager your first $5+ and you'll be awarded $200 in bonus bets if you win. Gambling Problem? Call 1-800-GAMBLER. FanDuel Sportsbook available in AZ, CT, CO, IA, IL, IN, KS, KY, LA, MA, MD, MI, NJ, NY, NC, PA, OH, TN, VA, VT, WV, WY only. Full T&Cs apply.

FanDuel review: Key information

FanDuel rating4.8/5
FanDuel promo codeN/A
FanDuel bonusBet $5, win $200 in bonus bets
Payout speedWithin 24 hours
Legal states20+ (+DC)
Mobile AppAndroid & iOS
Live bettingYes
Live streamingYes

FanDuel betting coverage

FanDuel offers one of the best betting options in the industry. With an endless number of choices, you'll find all the betting markets conveniently listed on the left-hand side of their app and website. It's super easy to locate any sporting event you're interested in.

It doesn't matter whether you want traditional markets like moneylines and spread bets in NFL odds and NBA odds, or you're looking for super niche props. Bets can be placed in seconds on tons of sports and betting markets.

  • Bet $5, Win $200 in Bonus Bets
    No code required Claim bonus

    New customers only. 21+. Wager your first $5+ and you'll be awarded $200 in bonus bets if you win. Gambling Problem? Call 1-800-GAMBLER. FanDuel Sportsbook available in AZ, CT, CO, IA, IL, IN, KS, KY, LA, MA, MD, MI, NJ, NY, NC, PA, OH, TN, VA, VT, WV, WY only. Full T&Cs apply.

What sports can you bet on at FanDuel?

FanDuel Sportsbook has competitive odds on almost every sporting event you can imagine. As far as popular US sports like NBA, NFL, MLB, NHL, golf, and tennis you’re covered. But FanDuel Sportsbook also offers tons of unrecognized sports like snooker, darts, and motorsport amongst others. This is something that you won't find at many other sportsbooks.

I personally love the fact that FanDuel isn't content with being one of the best NFL betting sites or best NHL betting sites. The sportsbook has put the effort in to provide a wide selection of competitive odds across the board.

What markets are available at FanDuel?

FanDuel has your back with a variety of betting choices across both popular and more niche leagues, whether you prefer wagering before a game or during live matches. Their soccer league options are especially impressive, extending beyond the usual suspects like the Premier League and La Liga. Plus, they don't stop there — you can even find markets for unique events like the College World Series alongside the MLB.

What types of bets can you place with FanDuel?

Get ready for a plethora of betting options with FanDuel sportsbook. It's super easy to navigate and find exactly what you're looking for. You'll have all the classic bets like moneyline, spreads, and totals right at your fingertips. But here's the kicker — dive deeper into specific sporting events and brace yourself for an endless array of choices. 

Illustrating with an MLB example, FanDuel offers Same Game Parlay+, first 5 inning markets, pitcher and batter props, as well as additional game props, including totals and alternate lines. This extensive market coverage complements the standard future bets.

FanDuel offers a user-friendly experience that lets you explore not just one sport, but a wide range of sports and leagues. The platform also allows you to easily group selections in your bet slip, making it simple to place multiple bets at once or create same-game or multi-game parlays with just a click.

Can you bet on live sports at FanDuel

FanDuel Sportsbook provides a wide array of live betting choices on their app and site. The live button is conveniently located in the upper left corner on both platforms for easy access. All major U.S. sports are available in the live betting section, making it a breeze to wager on your beloved NFL team in football season or root for your favorite NBA team during the playoffs.

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FanDuel app detailed review

FanDuel sets the pace in innovation, setting a high bar for its competitors with its highly praised mobile app. The FanDuel mobile sports betting app surpasses others, enabling users to stream live events directly to their phones or tablets. Moreover, as a loyal customer, you can look forward to a myriad of extra rewards for your continued support.

Awarded the American Gambling Online Sportsbook of the Year in large part for its performance, reliability, and ease of use, there’s no denying that the FanDuel mobile app is one of the best sports betting apps in the U.S. (if not the best).

First, there’s the unparalleled functionality that makes the app glitch-less and seamless to navigate even for the newest of users. Next, it's worth mentioning how easy it is to locate your favorite betting markets using the ‘all sports’ tab or how quickly you can withdraw funds using the account tab. Additionally, daily and weekly promotions as well as profit boost are placed on the home screen for convenience.

The FanDuel Sportsbook app is perhaps the most user-friendly worldwide and is available for download on both iOS and Android devices. There is such a huge selection of sports betting apps out there, but the FanDuel Sportsbook app holds firm at the top of that list.

1
Download the app

Visit the app store or the bookmaker's mobile site and download the app.

Download at App Store
Google Play icon
Download at Google Play
2
Make a deposit

Deposit with one of these payment methods:

  • PayPal
  • Visa
  • MasterCard
  • Ewire
  • Apple Pay
  • Credit card
  • Internet banking
  • Paynearme
  • Playplus
  • Venmo
Ready to bet
In Less Than 3 Minutes

How to sign up with FanDuel

The FanDuel sign up process is quick and effortless. You can complete the registration process in less than five minutes as long as you have all the necessary information handy when you start the process. This might seem minor but when you're looking at 20+ minutes at other sportsbooks, it does go down as a big plus.

1. Create an account

To get started, simply click the 'Join' button in green on the mobile app or website. From there, you'll enter your email, select a username, and set a secure password to create your account.

2. Enter personal information

Next you’ll be prompted to enter some personal information like your address, full name, and social security number to confirm your identification. This information is kept confidential by FanDuel Sportsbook.

3. Verify identity

One of the last steps is verifying your identity through documentation that may include a valid identification card like a driver’s license or passport. Sometimes you may be prompted to verify your address by providing a utility bill also.

4. Agree to terms

The last step is reading the terms and conditions so that you’re familiar with how things operate at FanDuel Sportsbook before accepting terms if agreed upon. After you’ve agreed to terms and conditions, you’ll receive an email to confirm your account.

5. Deposit funds

At this stage, the only thing that's stopping you from loading up your bet slip is depositing funds to start your bankroll. Simply choose a deposit method, load funds to your account to get your welcome bonus, and start enjoying everything FanDuel has to offer.

  • Bet $5, Win $200 in Bonus Bets
    No code required Claim bonus

    New customers only. 21+. Wager your first $5+ and you'll be awarded $200 in bonus bets if you win. Gambling Problem? Call 1-800-GAMBLER. FanDuel Sportsbook available in AZ, CT, CO, IA, IL, IN, KS, KY, LA, MA, MD, MI, NJ, NY, NC, PA, OH, TN, VA, VT, WV, WY only. Full T&Cs apply.

FanDuel player protection and security

Like most superior sportsbooks, FanDuel is licensed and regulated at the state level in every location it operates in. For example, FanDuel Michigan operates under the Michigan Gaming Control Board, FanDuel Massachusetts under the Massachusetts Gaming Commission and FanDuel Ohio through the Ohio Casino Control Commission.

Due to the legal sports betting requirements under all the licenses it holds, FanDuel Sportsbook has SSL encryption that secures your communication between its servers and your mobile devices and computers.

This encryption, plus many other security measures, keeps your private data protected from hackers. FanDuel Sportsbook also has strong authentication methods employed to keep your usernames and password protected. Additionally, there’s payment securities used to help safeguard financial transactions.

FanDuel licensing: Where can you bet with FanDuel in the U.S.?

StateFanDuel available
ArizonaYes
ColoradoYes
ConnecticutYes
IllinoisYes
IndianaYes
IowaYes
KansasYes
KentuckyYes
LouisianaYes
MarylandYes
MassachusettsYes
MichiganYes
New HampshireYes
New JerseyYes
New YorkYes
North CarolinaYes
OhioYes
OregonNo
PennsylvaniaYes
TennesseeYes
VirginiaYes
West VirginiaYes
WyomingYes

FanDuel Sportsbook reputation

FanDuel has been a well-known sportsbook for the better part of a decade in the U.S., and even longer as a daily fantasy sports platform. Throughout its existence, FanDuel has been a supplement to Flutter Entertainment, which is globally recognized as one of the biggest gambling companies out there through other names such as Paddy Power BetFair.

Ties to Flutter Entertainment provides accountability for FanDuel Sportsbook and should put new customers at ease when it comes to gaining trust with the superstar online sportsbook. Everything from all the different FanDuel offers and competitive odds across popular betting markets, to the mobile betting experience and online casino, FanDuel has a reputation for delivering across the board.

FanDuel Sportsbook has forged numerous affiliations with teams in major sports leagues. For instance, in MLB, FanDuel has established partnerships with the New York Yankees and Detroit Tigers. Likewise, in the NFL, collaborations have been formed with teams like the Baltimore Ravens, Indianapolis Colts, and Washington Commanders, among others. The NBA isn't left out either, with the Phoenix Suns having a dedicated retail sportsbook and several other NBA teams joining the roster as partners.

FanDuel Sportsbook details

NameFanDuel
Company nameFanDuel Group
Founded2009
HQNew York City, New York, US
Founders

Nigel Eccles

Lesley Eccles

Tom Griffiths

Rob Jones

Chris Stafford

Licenses20+ state licenses
Number of employees3,400+

FanDuel review conclusion

With strong ratings in every category reviewed, FanDuel Sportsbook is confirmed to be an elite online sports betting company in what is a competitive market. An top tier mobile sports betting helps FanDuel set itself apart from competitors in the legal sports betting space.

FanDuel goes the extra mile in so many areas. The huge selection of live betting options, live streaming markets, rapid withdrawal methods, a stellar sportsbook referral bonus, and an exceptional welcome offer puts FanDuel Sportsbook in a class of its own.

It goes without saying that if you haven’t already joined FanDuel, I would highly recommend doing so. Once you’ve signed up, you can sit back and enjoy the best sports betting experience available in the U.S. knowing your personal and financial information are completely secure.

  • Bet $5, Win $200 in Bonus Bets
    No code required Claim bonus

    New customers only. 21+. Wager your first $5+ and you'll be awarded $200 in bonus bets if you win. Gambling Problem? Call 1-800-GAMBLER. FanDuel Sportsbook available in AZ, CT, CO, IA, IL, IN, KS, KY, LA, MA, MD, MI, NJ, NY, NC, PA, OH, TN, VA, VT, WV, WY only. Full T&Cs apply.

FAQ

Can FanDuel Sportsbook be trusted?

Yes, FanDuel Sportsbook can absolutely be trusted. FanDuel is a licensed and popular sports betting option throughout the US. Being licensed and regulated in all localities it operates provides ample accountability for the sportsbook.

Is FanDuel Sportsbook legit?

FanDuel Sportsbook is a reputable and trustworthy platform. FanDuel is backed by Flutter Entertainment, a prominent and long-standing player in the gambling sector. As one of the largest gambling companies globally, Flutter Entertainment lends credibility and legitimacy to FanDuel Sportsbook.

Can you win money at FanDuel Sportsbook?

Yes, you can win money betting at FanDuel Sportsbook. FanDuel offers a ton of different bet types that you’re able to wager on. If you’re able to find an edge and win a bet, you can win money using FanDuel Sportsbook.

Does FanDuel Sportsbook pay out?

Yes, FanDuel Sportsbook pays out to its customers. FanDuel is a regulated sportsbook in all states it provides its platform. Licensed sportsbooks are obligated by policy and law to pay out bets to its winning customers. Choose your preferred payment method and withdraw your funds.

How fast does FanDuel Sportsbook pay out?

FanDuel Sportsbook pays out at different payout speeds. Most payout methods take as little as three business days. However, other payment methods process within just a few hours making it convenient to get your winnings quickly.

Do you have to pay taxes when you win at FanDuel Sportsbook?

Since gambling winnings are most often considered taxable incoming you should practice paying taxes at FanDuel, just like any other sportsbook. As a licensed sportsbook, FanDuel may have certain reporting requirements on their end depending on your winning amounts. Consultation with a local tax professional in your area is always advisable.

How does Oddspedia rate sportsbooks?

The extensive detail of this FanDuel Sportsbook review is the expected standard at Oddspedia. The team have worked with a wide range of sharp individuals who specialize in different areas of the betting industry. Oddspedia relies on these individuals to apply their knowledge and expertise against a wide range of criteria to produce comprehensive, well-rounded ratings for sportsbooks featured on the website.

The rating criteria used is specific to the location of the sportsbooks and the audience it serves, meaning that Oddspedia accounts for what a US sports bettor is looking for compared to a Brazilian sports bettor for example. Despite the slight nuances in approach to reviewing sportsbooks, everyone in the Oddspedia team is working to the same goal. The help sports bettors around the world make more informed decisions when it comes to choosing their sportsbook, and placing their bets.

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