FanDuel Review Updated for September

If you found this review while trying to determine whether or not FanDuel is legit, let us straighten that out right away. Not only is FanDuel legit, but they are one of the fastest-growing brands in fantasy sports. They dominate in some of the most popular betting markets.

FanDuel not only operates legally inside of the United States, but it is regulated at a state level. This ensures player funds are always secure and house rules are always fair.

Furthermore, FanDuel is now a publicly-traded company following Paddy Power Betfair acquiring them in mid-2018 for $158 million.

Recently, FanDuel has been pivotal in paving the way to legalized sports betting in the United States. FanDuel earned a $1 billion evaluation in 2015.

After the acquisition, the FanDuel business would fall under a newly created subsidy of Paddy Power Betfair known as FanDuel Group. The FanDuel Group consists of a leading portfolio of US daily fantasy, gaming, wagering, and media assets. It operates out of New York but has offices in California, New Jersey, Florida, Oregon, and Scotland.

In late 2018, the National Hockey League (NHL) entered an exclusive partnership with FanDuel.

Former CFO of FanDuel, Matthew King became CEO in November of 2017 after Nigel Eccles left the company.

The entire founding team of FanDuel no longer works with the company. Due to the tremendous amount of capital raised in the early stages of FanDuel, the Paddy Power Betfair acquisition didn’t leave much on the bone for the original and or founding FanDuel team.

FanDuel Contest Types Review

We’re talking about the crème de la crème of DFS and online sports betting here.

FanDuel has an absolute plethora of different contest types. Whether you’re a complete newbie or a veteran daily fantasy player, there are options upon options to choose from.

For example, FanDuel offers traditional contests such as Tournaments, Head to Heads, and 50/50s.

In addition, FanDuel offers a variety of contests that most other online sportsbooks and DFS platforms don’t.

Those contests include but are not limited to Satellites, Qualifiers Free Plays, same game parlays Beat The Score, 3 – 100 Players, and Beginner Contests. It is also noteworthy that they have a ton of filtering options to enter the exact type of contest that you’re interested in.

A few of these filters include but are not limited to Entry Fees, Entry Types, Quick Entry, Late Swap, Experienced and Highly Experienced, along with Full Roster & Single Game options.

If you have a question about a specific type of contest or even a specific type of sports betting contest for a specific sport, check out the searchable FAQ page at FanDuel.com. This page has answers to almost every question you can think of.

FanDuel Review of Entry Limits

This is an incredibly important aspect of playing daily fantasy sports, especially as it relates to new players, rookies and or newbies. While it’s not a bad or evil aspect of the FanDuel experience, new players simply need to understand it.

That is to say, FanDuel is incredibly successful in part to its gigantic payout type of contests, such as ‘Millionaire Makers’, etc.

However, many of the large prize pool types of contests entail enormous multi-entry rules. For example, it’s very likely that a new player enters a contest that features a large prize pool. They proceed to insert their 1 lineup and cross their fingers. What they have failed to realize, however, is that the rules stated that each player could actually enter a maximum of 300 lineups for example.

Therefore, the new player and his 1 lineup are potentially facing other players who have inserted up to 300 lineups, which drastically decreases the new player’s odds.

When it comes to FanDuel and entry limits, understand that they vary greatly from contests to contest. It is perfectly fine that this is the case, but new players need to be more aware of entry limits. Almost all new players should be sticking to single-entry contests only.

FanDuel Promotions Overview

If you are new to DFS, then the promotions a website offers are likely one of the main factors that influence where you play. While FanDuel does offer some great sports betting deposit bonus offers and new player incentives, they are not always the most aggressive name in the industry. The FanDuel Casino typically offers better promos than the FanDuel Sportsbook, but that’s simply the trend we see.  

Current Sportsbook Promo

To give yourself a better idea of how the two companies stack up right now, you can compare our current FanDuel promo code offer to our current DraftKings promo code offer. At the time of writing this article, both companies are running identical new player bonus offers. Essentially a free $5 contest with any first deposit.

That being said, these offers vary greatly from week-to-week. If you have yet to sign up at FanDuel this December, you may want to hold out for the FanDuel Super Bowl promotions. This is particularly true if you are considering the FanDuel sportsbook.

New players will almost always get the largest promo offers during the NFL season. So if you want the latest deal, don’t hesitate to take advantage of FanDuel’s ” Bet $5 Get $200 in Bonus Bets”.  This is a free weekly entry into a contest that pays out over $2 million dollars in total prizes.

Promotions are important and deserve to be included in our review, but you certainly should not choose a DFS platform based on the promotion offer alone. Continue reading this review for more must-have information regarding FanDuel’s current product features.

FanDuel Review of Player Pricing / Team Budget

FanDuel’s player pricing and team budgets vary from sport to sport and from contest to contest. When playing on the FanDuel sports betting platform, you’ll be confronted with a number of different salary caps or team budgets including but not limited to $60,000, $55,000, $50,000 and or $35,000.

The reason for the differences is somewhat unclear. However, it’s all essentially the same thing. You have a total budget that will be used to build a lineup of extremely meticulously priced players.

In other words, don’t sweat the budget or how FanDuel prices players, you’ll find little advantage in that strategy. You’ll win by deciphering value and value alone.

Quick tip regarding value on FanDuel: If you read our FanDuel NFL articles, you will hear us say things like, our target value for the week is 4x. To calculate this number, simply divide the player’s salary by 1,000 (or move the decimal 3 places to the left). For example, a player with an $8,500 salary would receive a multiple of 8.5, then multiply that number by our target value, in this case, 4. The resulting number is the number of fantasy points the player would have to put up to reach value (34 points).

FanDuel Review of Platform and Mobile App

Again, FanDuel is one of the two major players in the DFS market (the other being DraftKings). They didn’t become a leader by chance, circumstance or brand recognition.

They’re a leader because they’ve built an incredibly advanced platform via desktop, mobile, and native app.

From the actual development and functionality of their sports betting product to the intense level of detail in design, FanDuel stands out because its platform is beautifully designed and intuitively developed. Not only that, if you’ve ever jumped into the FanDuel online casino, you’ll see that their online casino games are some of the best as well.

Even DraftKings takes second place to the overall user interface and user experience that FanDuel offers. In addition, FanDuel features a native app for both iOS & Android.

7 Expert Tips for FanDuel Sportsbook

We’ve put together some tips to help you get started with FanDuel Sportsbook. Our experts have tested out countless sports betting apps and these are the tips they find the most useful for beginners and experts alike.

• Maximize your initial deposit. FanDuel Sportsbook often offers a match on your first deposit when you create a FanDuel Sportsbook account. This isn’t always the case, but it happens often. Make sure to deposit a significant amount to take full advantage of the promo code.

• Stay updated with FanDuel offers. FanDuel regularly updates its sports betting promotions. Keep an eye on our website and FanDuel emails for new promo codes and offers.

• Use bonus bets wisely. Some promo codes offer bonus bets. Use these on games where you’re less certain of the outcome to potentially win big while minimizing your risk.

• Explore all betting options. FanDuel Sportsbook offers a wide range of betting options across various sports. Don’t limit yourself to one sport or betting type. Learn new bet types and capitalize on them.

• Research before betting. Understand the game, players, and odds before placing a bet. This can increase your chances of winning.

• Manage your bankroll. Set a budget for your betting activities and stick to it. This will help you enjoy betting without worrying about overspending. This is especially true while you’re learning new bet types.

• Utilize in-game betting. FanDuel Sportsbook offers live betting. This can be a great way to use your promo code if you have a good understanding of the game’s dynamics. And if you’ve never tried mobile betting while watching the actual game, it’s intense!

These are some of the best tips and tricks around. The FanDuel mobile app is a lot of fun, but go in with a strategy. Leverage these tips for your success. It’s also worth noting that these tips can also be used at almost any online casino. Don’t limit yourself to a single platform.

Summary of our FanDuel Review

Updated September 1, 2023
The bottom line with any of the sports betting product reviews we do on this site are the pros and cons. These should determine whether or not the current FanDuel product is worthy of being your home for daily fantasy sports in 2023. Here is our updated list as of September.

Below is our updated review and rating for FanDuel – Current as of September 1st, 2023. If your state has not yet legalized online sports betting, stay tuned and we’ll keep you updated if and when it does.