After the opening odds are posted in late January or early February, the Super Bowl Odds market tends to be stable until the spring or second quarter of the year. During the time, the NFL produces the NFL Draft where top College Football players are selected by teams. While it’s rare to see youngsters make an immediate impact on teams, the. So, negative odds – for example, -125 – mean you need wager $125 to win $100. Conversely, positive odds – let’s say +125 – mean you have to bet $100 to win $125. Simply put, positive odds show you what you win for every hundred bucks you wager, and negative odds show you how much to bet to get $100. Let’s look at a more concrete. You’re most likely to come across American odds when you’re betting at American sports betting sites. This odds expression indicates a bettor’s return relative to a base figure of 100 units. American odds start with either a positive or negative sign (e.g.

Bathurst 1000 odds 2020

Fixed-odds betting is a form of wagering against odds offered by a bookmaker or an individual or on a bet exchange. It involves betting on an event in which there is no fluctuation on the payout. In Australia, the practice is usually known as 'SP betting'.

Calculating fixed odds[edit]

It is customary with fixed-odds gambling to know the odds at the time of the placement of the wager (the 'live price'), but the category also includes wagers whose price is determined only when the race or game starts (the 'starting prices'). It is ideal for bookmakers to price/mark up a book such that the net outcome will always be in their favour: the sum of the probabilities quoted for all possible outcomes will be in excess of 100%. The excess over 100% (or overround) represents profit to the bookmaker in the event of a balanced/even book. In the more usual case of an imbalanced book, the bookmaker may have to pay out more winnings than what is staked or may earn more than mathematically expected. An imbalanced book may arise since there is no way for a bookmaker to know the true probabilities for the outcome of competitions left to human effort or to predict the bets that will be attracted from others by fixed odds compiled on the basis personal view and knowledge.

With the advent of Internet and bet exchange betting, the possibility of fixed-odds arbitrage actions and Dutch books against bookmakers and exchanges has expanded significantly. Betting exchanges in particular act like a stock exchange, allowing the odds to be set in the course of trading between individual bettors, usually leading to quoted odds that are reasonably close to the 'true odds.'

'The best of it'[edit]

In making a bet where the expected value is positive, one is said to be getting 'the best of it'. For example, if one were to bet $1 at 10 to 1 odds (one could win $10) on the outcome of a coin flip, one would be getting 'the best of it' and should always make the bet (assuming a rational and risk-neutral attitude with linear utility curves and have no preferences implying loss aversion or the like). However, if someone offered odds of 10 to 1 that a card chosen at random from a regular 52 card deck would be the ace of spades, one would be getting 'the worst of it' because the chance is only 1 in 52 that the ace will be chosen.

In an entry for L'Encyclopédie (the Enlightenment-era 'French Encyclopedia'), Denis Diderot cites a similar example in which two players, Player A and Player B, wager over a game of dice that involves rolling two six-sided dice. Player A wins if the dice add up to 12, of which there is only one possible case. Player B wins if the dice fall in any other combination, of which there are 35 possibilities.[1] It is mathematically disadvantageous to make a bet if one gets'the worst of it.' Accordingly, for the bet to be 'fair,' the amount each player could potentially lose or gain from the wager should be adjusted, depending on the odds of their success.

Laying odds[edit]

When making a bet in which one must put more at risk than one can win, one is laying the odds. Rational bettors will do so only if the actual chances of an adverse outcome are low enough that the expected outcome even after deduction of taxes and any transaction costs is favorable to the person placing the bet. For example, if one bets $1,000 that it will rain tomorrow and can win only $200 but can lose the entire $1,000, one is laying odds that will rain tomorrow. Laying odds is reflected in the colloquial expression '[I would] dollars to doughnuts' — with which the speaker is expressing a willingness to risk losing something of value in exchange for something worthless, because winning that bet is a certainty.[2]

Lay betting[edit]

'Lay betting' is a bet that something will not happen, so 'laying $50 on a horse' is betting the horse will not win. Bookmakers sell bets based on the odds of a specific outcome, but lay betting allows the bettor (in some English-speaking countries, the 'punter') to reverse roles with the bookmaker, using odds to sell the opposite outcome to the bookmaker. In this context, 'lay' is used in the sense of 'layman', i.e., a bet sold by someone who does not sell bets professionally.

Types of odds offered[edit]

There are three widely used means of quoting odds:

Fractional odds[edit]

Favoured by bookmakers in the United Kingdom and Ireland and common in horse racing, fractional odds quote the net total that will be paid out to the winning bettor relative to the stake. The term 'fractional odds' is something of a misnomer, especially when visually reinforced by using a slash (as opposed to, e.g., a colon or the word 'to' or 'on') to separate a potential gain from the amount that a bettor must wager in order to receive it upon a win, because the 'fraction' in question represents not the odds of winning or even the reciprocal of the odds of winning but rather the fraction (for any odds longer than 'even money' or chances of winning less than 50%, an improper fraction) of the amount at stake that the upside outcome represents. This fraction may be derived by subtracting 1 from the reciprocal of the chances of winning; for any odds longer than 'even money,' this fraction will be an improper one.[3][4] Odds of 4:1 ('four-to-one' or less commonly 'four-to-one against') would imply that the bettor stands to make a £400 profit on a £100 stake. If the odds are 1:4 (read 'one-to-four', or alternatively 'four-to-one on' or 'four-to-one in favor'), the bettor stands to make £25 on a £100 stake. In either case, against or on, should he win, the bettor always receives his original stake back, so if the odds are 4:1 the bettor receives a total of £500 (£400 plus the original £100). Odds of 1/1 are known as evens or even money.

Not all fractional odds are traditionally read using the lowest common denominator. Perhaps most unusual is that odds of 10:3 are read as 'one-hundred-to-thirty'.

Fractional odds are also known as British odds,UK odds,[5] or, in that country, traditional odds.

Decimal odds[edit]

Favoured in Continental Europe, Australia, New Zealand and Canada, decimal odds differ from fractional odds by taking into account that the bettor must first part with their stake to make a bet; the figure quoted, therefore, is the winning amount that would be paid out to the bettor.[4][6] Therefore, the decimal odds of an outcome are equivalent to one plus the decimal value of the fractional odds; in the absence of built-in house advantage to cover overhead, profit margins, or (for an illegal enterprise) compensation for the fact that both chances of prosecution and penalties in the event of conviction tend to be higher for bookmakers than for clients, the decimal odds associated with a given outcome would be the decimal expression of the reciprocal of what the offering party assesses to be the outcome's chance of occurring.[7] Thus, even odds 1/1 are quoted in decimal odds as 2. The 4/1 fractional odds discussed above are quoted as 5, while the 1/4 odds are quoted as 1.25. It is considered to be ideal for parlay betting because the odds to be paid out are simply the product of the odds for each outcome wagered on.

Decimal odds are also known as European odds, digital odds or continental odds and tend to be favoured by betting exchanges because they are the easiest to work with for trading, in this case the purchase and sale of upside and downside risk.[5]

Moneyline odds[edit]

Moneyline odds are favoured by United States bookmakers and as such are sometimes called American Odds.[4] There are two possibilities: the figure quote can be either positive or negative. Moneyline refers to odds on the straight-up outcome of a game with no consideration to a point spread.

Positive figures
If the figure quoted is positive, the odds are quoting how much money will be won on a $100 wager (done if the odds are better than even). Fractional odds of 4/1 would be quoted as +400 while fractional odds of 1/4 cannot be quoted as a positive figure.
Negative figures
If the figure quoted is negative, the moneyline odds are quoting how much money must be wagered to win $100 (this is done if the odds are worse than even). Fractional odds of 1/4 would be quoted as −400 while fractional odds of 4/1 cannot be quoted as a negative figure.
Even odds
Even odds are quoted as +100 or −100. Some but not all bookmakers display the positive symbol.

Odds conversion[edit]

To convert fractional odds to decimal, take the fractional number, convert it to decimal by doing the division, and then add 1. For example, the 4-to-1 fractional odds shown above is the same as 5 in decimal odds, while 1-to-4 would be quoted as 1.25.

The method for converting moneyline to decimal odds depends on whether the moneyline value is positive or negative. If the moneyline is positive, it is divided by 100 and add 1. Thus, +400 moneyline is the same as 5.0 in decimal odds. If the moneyline is negative, 100 is divided by the absolute moneyline amount (the minus signed is removed), and then 1 is added. For example, −400 moneyline is 100/400 + 1, or 1.25, in decimal odds.

DecimalFractionalMoneylineWin% (to
break even)
Return
(minus stake)
1.011/100−10,00099.01%1.00%
1.111/9−90090.00%11.11%
1.331/3−30075.00%33.33%
1.501/2−20066.67%50.00%
2.001/1±10050.00%100.00%
3.002/1+20033.33%200.00%
4.003/1+30025.00%300.00%
10.009/1+90010.00%900.00%
101.00100/1+10,0000.99%10,000.00%
x+1{displaystyle x+1,}x{displaystyle x,}100x{displaystyle -{frac {100}{x}}}100x+1%{displaystyle {frac {100}{x+1}}%}(100x)%{displaystyle left(100xright)%}
+100x{displaystyle +100x,}

See also[edit]

References[edit]

  1. ^'Wager'. University of Michigan Library. Retrieved 1 April 2015.
  2. ^Listening to America, Stuart Berg Flexner (Simon and Schuster, New York, 1982).
  3. ^'Betting School: Understanding Fractional & Decimal Betting Odds'. Goal. 10 January 2011. Retrieved 27 March 2014.
  4. ^ abcCortis, Dominic (2015). Expected Values and variance in bookmaker payouts: A Theoretical Approach towards setting limits on odds. Journal of Prediction Markets. 1. 9.
  5. ^ ab'Betting Odds Format'. World Bet Exchange. Archived from the original on May 2, 2014. Retrieved 27 March 2014.
  6. ^D., Chris. 'What is Fixed odds betting and Due Column betting?'. TBR. Retrieved 27 March 2014.
  7. ^'Fractional Odds'. betstarter.com/. Archived from the original on April 2, 2014. Retrieved 27 March 2014.

External links[edit]

Retrieved from 'https://en.wikipedia.org/w/index.php?title=Fixed-odds_betting&oldid=1004157818'

FanDuel Sportsbook debuted in New Jersey soon after sports betting was given the green light in the state.

Today, FanDuel is the market leader in the Garden State and has expanded to Michigan, Pennsylvania, West Virginia, Colorado,Indiana,Illinois, Virginia, Tennessee and Iowa.

So, besides awesome promos, does the FanDuel Sportsbook app have to offer sports bettors? Are there any bonus offers you should be aware of? What’s it like to use the platform?

For those answers and everything else regarding FanDuel, read on.

New Players get a Risk Free Bet at Fanduel Sportsbook
Risk Free Bet
Available on Desktop, Android & iOS

FanDuel welcome bonus

The sports betting marketplace is quite crowded and competitive. To stand apart from the competition, operators aren’t shy about offering enticing incentives for new users.

FanDuel hits that mark with one of the more generous offers we have seen. New users are entitled to a risk-free bet of up to $1,000.

To qualify for the bonus, you must sign up for an account and make a deposit. From there, place your first wager.

If your bet is correct, your account will be credited with the winnings, which you can keep or withdraw as per usual.

If your bet loses, then FanDuel will refund the amount of your wager, up to $1,000, within 72 hours. FanDuel puts the amount in your account as site credit and is not able to be withdrawn. The site credits have a one-time playthrough requirement.

Here’s an example of how it works:

Let’s say you deposit $100 and use these funds for your first wager. If your bet wins, your account will be credited with the winnings. You can withdraw the winnings or keep it in your bankroll. It’s entirely up to you.

If your $100 bet loses, FanDuel will credit your account with $100 in site credits within 72 hours. This amount is not able to be withdrawn.

You can use this $100 to place another bet. If it wins, you can withdraw or keep the winnings.

The $100 is not able to be withdrawn yet because you have only played once. If you place another $100 bet and that wins, the full amount in your account will be available for withdrawal.

Example Of 1 In 1000 Odds

Do I need a Fanduel sportsbook promo code for the bonus?

FanDuel promo code None - Use Links to receive the risk-free bet of up to $1,000. You automatically qualify for the bonus offer when you signup at Fanduel from TheLines. If your first wager loses, FanDuel will credit your account with site credits equal to the amount of the wager.

FanDuel sportsbook promo code for March 2021

Online SportsbookFanDuel Sportsbook
FanDuel Sportsbook Promo CodeNone - Use Links
Risk-Free Bet BonusUp to $1,000!
Legal StatesMI, NJ, PA, IN, WV, CO, TN, IA, IL & VA
Last Verified:March 2021

FanDuel sports betting points & rewards

As of right now, FanDuel does not offer a loyalty rewards program for its sportsbook customers.

There has been speculation of that changing as the company’s sportsbook operations continue to grow. We will update this page as new information becomes available.

For its daily fantasy sports (DFS) operations, the FanDuel Players Club program will reward you with what is known as FanDuel Points (FDP).

For each $1 in entry fees, you will earn five FDPs. As your FDP balance adds up, you can redeem these points to enter paid contests with every 2,400 in FDPs equaling $1.

Also, as a member of the FanDuel Players Club, you will qualify for monthly tiers depending on how much you play. At the end of the month, you will receive an entry to weekly or monthly free-play events based on your tier level.

Redeeming rewards at retail locations

Since the sportsbook doesn’t have a loyalty program as of yet, there’s no way for you to redeem rewards at FanDuel’s retail locations. If the company chooses to implement the rumored rewards program, we would imagine there will be an in-person redemption option.

FanDuel online sportsbook: How to create a new account

Signing up at FanDuel is a quick, easy and painless process.

After accessing the sportsbook and clicking the “Join Now” button, FanDuel will ask for standard sign-up information such as your name, address and email. After entering the info, your account will be created automatically.

If you happen to run into any trouble while creating your account, the customer support information for FanDuel is on the right-hand side of the screen. There are email and chat options, as well as a toll-free support number.

Users must be at least 21 years or older and be in the state to sign up and use FanDuel Sportsbook. The company uses geolocation technology, which verifies that users are where they say they are.

FanDuel sportsbook app

FanDuel offers a top-notch sports betting app. Clear information about downloading the app is available on FanDuel’s web portal. You will be able to download the app that coincides with your mobile device’s operating system.

  • Availability: The FanDuel sports betting app is available for both Apple and Android devices.
  • Speed: The apps are quick and intuitive. We didn’t come across any annoying lags in our tests.
  • OverallPerformance: The app is smooth, user-friendly and has an appearance that is easy on the eyes. It’s simple to navigate and quite similar to the web experience, albeit in a condensed manner.
  • Markets: All markets that are available online are also available on mobile.
  • LiveBetting: The live betting feature is available for app users.
  • BetSlip: On most mobile sportsbooks, it can be tough to navigate the betting slip. Well, that’s not the case on FanDuel. It’s easy to minimize and restore the slip, as well as to place or cancel bets.
  • GeneralLayout: FanDuel offers a clean layout that is easy to navigate. We are impressed with the betting slip feature as it’s much easier to use than on other mobile sportsbooks. The platform is responsive but not overly sensitive.
  • Cashier: Similar to the bet slip, the cashier function also works great on mobile. All of the information you need will appear right on the screen, eliminating the need to toggle back and forth.

FanDuel browser, desktop review

Since FanDuel nails it on mobile, one would expect they would do the same on the desktop side. Well, that assumption is right on the money.

The website is clean and smooth with a sharp appearance. It’s fast and responsive with a layout that makes it easy to find what you need.

Everything available on the mobileside is also available on the web version.

In fact, it’s even easier to find what you need. The mobile and tablet experience requires more of a condensed view of the lay of the land. On your desktopcomputer, you’ll have the full layout right in front of you.

On the left-hand side, you’ll find a clickable list of sports offerings.

In the center, you’ll find a rotatingmenu of promotions atop the market offerings, which are broken down into categories such as “Popular” and “Live.”

To the right, an empty bet slip stands at the ready for you to add wagers.

As with the mobile experience on FanDuel, we have no complaints. One note to keep in mind: While you can access the web version on mobile, you’re better off going with the app on those devices. The app is optimized to work on smaller screens, while the web-based version is not. It’s still functional but stick with the app for mobile.

Click here to join FanDuel – Get up to $1,000 back on your first losing bet!

FanDuel user experience

We found that FanDuel Sportsbook to be a fantastic offering.

Both the web and mobile-based options are quick and easy to use, not to mention being visually appealing. The clean layout of markets and sports offered is a gigantic plus, as is the easy-to-use bet slip.

The cashierfunction is seamless and provides several options. FanDuel also offers many ways to get customer support, including a live chat option and a toll-free support number.

Sports betting at FanDuel gets a big thumbs up from us.

While our personal preference is for the larger, web-based version, there’s nothing not to like on mobile. We were able to quickly find what we were looking for in the smaller setting and had no trouble navigating around.

Is FanDuel legal and safe?

FanDuel Sportsbook is officially up and running in several states, and the company has its sights set on entering many more in the future. In all markets in which it’s available, it’s completely legal and safe to play on FanDuel. Here’s a look at where things stand in the following states.

  • FanDuel New Jersey: A retail FanDuel Sportsbook opened at the Meadowlands Racetrack in East Rutherford in July 2018, which was followed by the online and mobile rollout in September.
  • FanDuel Pennsylvania: FanDuel’s retail outlet opened at Valley Forge Casino in March 2019 with the online and mobile launch taking place the following July.
  • FanDuel West Virginia: The Casino Club at the Greenbrier unveiled a FanDuel Sportsbook in Sept. 2018, but online and mobile didn’t come out until Aug. 2019.
  • FanDuel Indiana: Blue Chip Casino Hotel & Spa in Michigan City opened up a retail FanDuel sportsbook in Sept. 2019, which was followed by the online and mobile launch in October.
  • FanDuel Iowa: 2020 marked the debut of FanDuel in Iowa via a partnership with Diamond Jo Casino in Dubuque, which is also home to a retail FanDuel Sportsbook.
  • FanDuel Colorado: FanDuel went live in Colorado on May 1, 2020. The company has hitched its wagon to Golden Gates Casino Black Hawk for market access.
  • FanDuel Virginia: Launched on January 21, 2021. There are no requirements for having a brick-and-mortar partner in the state.
  • FanDuel Illinois: Par-A-Dice Hotel Casino in East Peoria is the land-based partner for FanDuel in Illinois, which went live in the state in August 2020.
  • FanDuel Tennessee: FanDuel was one of the first online sportsbooks in Tennessee, going live on November 1, 2020, which was the very first possible date. There are no requirements for having a land-based partner in Tennessee.
  • FanDuel Michigan: FanDuel has partnered up with MotorCity Casino in Detroit and launched on January 22, 2021.

FanDuel has become a market leader in every state entered to date. We’re going to assume the same thing will occur across the US as sports betting legislation gets passed elsewhere and FanDuel enters additional markets.

How does FanDuel benefit casual bettors?

For those new to sports betting, a perfect world scenario involves a platform that is simple, clear, and easy to get around.

When questions come up, it would be great to have a few various support options. In addition, some basic educationalmaterial would be helpful.

FanDuel nails it on all fronts. The platform is laid out in a clear-cut fashion with everything the user needs only a click away.

How does FanDuel benefit experienced bettors?

Experienced bettors know what they want.

In a nutshell, a platform devoid of annoying kinks and glitches, a smooth experience, an efficient cashier function, and odds that are in line or better than the general market. Users will get all of the above at FanDuel and then some.

Get up to $1,000 back on your first losing bet when you join Fanduel Sportsbook here!

Betting options at Fanduel Sportsbook

Sports bettors will find all of the various wagering options they could ask for at FanDuel.

There are standard bets, including moneyline, pointspread and totals, as well as futures, props and livebetting.

FanDuel offers a wide array of sports as well.

From popular options such as football and basketball to individual contests like golf and tennis, the site has you covered. FanDuel even offers niche sports such as cricket and rugby, all of which you can clearly find on the main menu of sports offerings.

The selection you will find on FanDuel is as good as you will find on other sportsbooks, and better than those that don’t expand into niche offerings.

For each of the games and events, the layout is clean and makes the odds for the specific bet types crystal clear.

Using the NFL as an example, you will be able to see on the same screen the moneyline, point spread and total odds. Clicking on a game or event will bring up the other betting markets available, such as props or alternative wagering opportunities.

For props, you will find wagers related to things such as “the first player to procure a TD” or “receiving yards for (player) will be over/under (xx) yards.”

These bets are kind of like a game within a game, and they help to enhance the experience from a viewing and wagering perspective.

What’s not available at FanDuel

FanDuel has covered all the bases. You will find a wealth of sports to bet on, as well as numerous wagering options.

There are a few state-specific differences to keep in mind:

  • FanDuel PA: The sportsbook is up and running for retail and mobile with no restrictions in place.
  • FanDuel NJ: Retail and online sportsbooks are open for business. Users are not permitted to bet on college games involving teams that are in the state.
  • FanDuel IN: The retail and online sportsbook are both up and running.
  • FanDuel WV: Retail operations are open while the online side recently resumed operations.
  • FanDuel CO: Colorado bettors can not wager on esports.
  • FanDuel IL: The online sportsbook is running, and the expected in-person registration requirement is currently waived.
  • FanDuel MI: No major betting restrictions in place.
  • FanDuel TN: Live betting on college sports is prohibited
  • FanDuel VA: The online sportsbook is up and running. The law strictly prohibits betting on any of Virginia’s college teams, including in-game betting on college sports

FanDuel odds boost

FanDuel does offer odds boosts from time to time, but there is no set schedule on what will be available and when.

However, you can see current odds boosts from the main betting screen. There’s a separate tab for “OddsBoosts,” which you can find right next to the “LiveBetting” tab.

Additionally, the promotion’sbanner will occasionally display unique odds boost opportunities. If you opt in for promotional emails, you will also receive offers at times for current odds boosts and special promotions.

How does FanDuel’s pricing compare to other sportsbooks?

For a sportsbook to remain competitive in today’s crowded marketplace, they need to offer pricing that is at least in line with market standards, if not better.

In our research, FanDuel is right where it needs to be in terms of odds.

In fact, we found that the moneyline odds available on certain games were even better than the average odds at other books.

Naturally, there will be the occasional outlier in which FanDuel may be off on a line in comparison to another. For the most part, the sportsbook is on top of the marketplace and has an excellent feel for where lines should be.

Let’s take a look at the moneyline odds for a Week 1 NFL game as an example. Here are the averageodds for this contest at the major sportsbooks:

  • Washington Redskins: +325
  • Philadelphia Eagles -425

Here are the current moneyline odds for the same game on FanDuel:

  • Washington Redskins: +350
  • Philadelphia Eagles: -430

While the odds on the favored Eagles are -430 on FanDuel versus an average of -425 elsewhere, check out the leap in the potential return for betting on the underdog Redskins. FanDuel is offering odds of +350, while other books are offering +325.

Let’s run through the math for a $100 wager to see the difference:

  • Winning $100 bet at odds of +325 = $325 profit
  • Winning $100 bet at odds of +350 = $350 profit

This may not seem like a massive difference in the grand scheme of things, but adjustments of a few points in either direction can add up to a substantial amount throughout a season. This works in the other direction as well.

Check out the average moneyline odds for this Week 1 NFL game:

  • Indianapolis Colts: +265
  • Los Angeles Chargers: -325

Now, check out what FanDuel was offering for the same contest:

  • Indianapolis Colts: +250
  • Los Angeles Chargers: -300

The odds for the Colts are a little better elsewhere, but the price for the favored Chargers is much better on FanDuel.

Here’s the math:

  • Winning $100 bet at odds of -325 = $30.80 profit
  • Winning $100 bet at odds of -300 = $33.30 profit

Once again, it’s a better return on FanDuel, and differences as this can add up during NFL season.

We can’t promise that FanDuel will have the best price every time. However, we can tell you that the odds are competitive and the book provides even better prices than average on some games.

How to deposit and cash out winnings?

FanDuel offers numerous funding options on the deposit and withdrawal side.

It accepts major credit and debitcards, as are ACH, wire and online bank transfers. PayPal is another convenient option that can prove to be useful.

Some banks and payment providers will automatically block gambling-related transactions. There are no such restrictions with PayPal, so users of the online payment processor can deposit and withdraw with ease.

Payments are seamless and go through smoothly. On the withdrawal side, payments process quickly on FanDuel’s end. However, transactions can take some time to go through via bank or PayPal.

ACH and e-check withdrawals are generally approved within 24 hours; however, it could take between three and five business days for funds to be deposited into your bank account.

PayPal transactions are processed quickly by FanDuel, but it could take 24-48 hours before it appears in the PayPal account.

FanDuel has opened up a number of retail sportsbooks in states it has entered, so there are options to be found for doing business in person. Here’s what the current lay of the land looks like for cash at the cage with FanDuel.

FanDuel cash at cage options

  • FanDuel NJ: Cash at cage is available at Meadowlands Racing & Entertainment, 1 Racetrack Dr., East Rutherford, NJ 07073.
  • FanDuel PA: Cash at cage is available at Valley Forge Casino Resort, 1160 1st Ave., King of Prussia, PA 19406.
  • FanDuel WV: Cash at cage is available at The Greenbrier, 101 Main St. West, White Sulphur Springs, WV 24986.
  • FanDuel IN: Cash at cage is available at Blue Chip Casino Hotel & Spa, 777 Blue Chip Dr., Michigan City, IN 46360.
  • FanDuel IA: Cash at cage is available at Diamond Jo Casino, 301 Bell St., Dubuque, IA 52001.
  • FanDuel CO: Cash at cage not available at this time.
  • FanDuel IL: Cash at cage is available at Par-A-Dice Hotel & Casino, 21 Blackjack Blvd., East Peoria, IL 61611.
  • FanDuel MI: Cash at cage not available at this time.
  • FanDuel TN: Cash at cage not available at this time.
  • FanDuel VA: Cash at cage not available at this time

How to contact customer service

FanDuel offers several customer support options.

You will find at the bottom of the homepage a clickable link labeled “Support.” Clicking the link brings you to a new page that lists out the contact options available.

There’s a live chat feature that is available around the clock, as well as an email option.

FanDuel also offers a toll-free number, so you talk to someone directly from 10 a.m. to 8 p.m. EST.

The mailingaddress for the company is also displayed right on the support page.

We’re big fans of reliable customer support, and this is another area in which FanDuel nails it. Representatives on the online chat feature are polite and well-informed. After clicking the chat feature, we were speaking to someone in less than a minute. We found the same when we tested the support phone number.

If support is a major factor when you measure a sportsbook operator, then you will be pleased with FanDuel.

FanDuel and sponsorships

Through both DFS and sports betting, FanDuel has been very active on the sponsorship front. The company has a number of deals in place with major sports leagues. On the betting side, the company has inked deals to serve as official gambling partner for the following thus far:

1000 odds payout

Odds 1000 To 1

  • New Jersey Devils

We would imagine there will be more to come in this area as FanDuel Sportsbook expands elsewhere. The company already has a big national presence thanks to lots of ad spending through the years, but further engagement in local markets can only help with growth.

History of FanDuel

From its roots as a daily fantasy sports company, FanDuel has branched out into sports betting.

The company joined the Paddy Power Betfair family in 2018. Soon thereafter, the landmark Supreme Court ruling on sports betting dropped.

FanDuel was founded in 2009. The company quickly became a significant player in the burgeoning DFS scene. The legalization of sports betting was still a ways away at this time, so DFS filled a niche as a legal avenue for users to have a little skin in the game while watching sports.

FanDuel wasted little time leaping into action. New Jersey was the first state to legalize sports betting, and FanDuel would open a retail sportsbook at the Meadowlands soon afterward. The company rolled out its FanDuel NJ website and mobile offerings for the Garden State shortly after that.

The company has followed a similar path in other states it has entered, including a FanDuel in Pennsylvania and West Virginia. The retail operations came first with the online sportsbook coming later.

FanDuel went live with an online book in Colorado in the spring of 2020, Illinois in August of 2020, Iowa in September 2020, Tennessee in November 2020 and Virginia in January 2021. The sports gaming giant plans to enter more states as legalization matters are ironed out.

The reception for FanDuel has been positive, as well as from the sports betting community. It’s quite clear that the DFS giant is well on its way to becoming a significant force in the industry.

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