More than half the country has welcomed legal sports betting since states got the federal green light in 2018. It’s estimated that the sports betting industry market cap could reach $100 billion or more by 2025 as additional states adopt legal sports betting language.
One of the top two online sportsbooks operating in the highly regulated US market, both in terms of reach and user bases, FanDuel provides a quality gaming experience for seasoned sports bettors and novices alike. Established in 2009 as a daily fantasy sports provider, FanDuel has been working hard to convert its massive fantasy sports user base into online sportsbook and casino visitors.
Available in 15 states since going live in New Jersey in 2018, the FanDuel sportsbook is partnered with more than a dozen professional sports teams, including the Phoenix Suns, where they offer the first of its kind in-arena sportsbook lounge. So far this year, FanDuel has launched its betting app in Louisiana, New York, and Wyoming. The sportsbook has its sights set on Maryland and Ohio next.
For those looking for some added peace of mind when placing bets on FanDuel, we’ve put together a comprehensive review and what makes them one of the most respected names in online gambling. Questions about whether FanDuel is a safe or legit sportsbook are thoroughly covered with supporting evidence below.
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Is FanDuel Sportsbook Really Safe?
As the FanDuel app only operates in legalized states, it’s continually under gaming enforcement supervision. Government regulators have managed to keep a firm grip on local laws regarding sports betting and online casinos.
Consumer protection is one of the leading focuses of these agencies with an aim to keep all-size bettors safe from fraud.
Licensed in each state, it’s highly improbable that FanDuel would shirk online gambling rules and regulations set by the governing authority and risk being fined or having their sports betting or online casino license suspended or revoked.
Curious sports bettors can try the FanDuel sportsbook risk-free thanks to a bet insurance welcome bonus of up to $1,000 on your first wager. Signing up is simple and safe and can be done for as little as $10.
Can FanDuel Scam Players?
With more than 12 million registered users, it’s safe to say FanDuel isn’t scamming bettors but instead providing a service. One that has helped revolutionize the industry.
It’s not to FanDuel’s long-term advantage to offer rigged games or collude with multi-million-dollar organizations that supply hundreds of online casinos and sportsbooks worldwide to scam bettors. All parties involved have many safeguards to ease concerns and provide legitimacy.
FanDuel has also partnered with HackerOne and hosts a bug bounty program as part of their Vulnerability Disclosure Policy to stay ahead of potential problems as technology evolves.
FanDuel Sportsbook Overview
Equestrian enthusiasts will have to create a separate horse racing account and bankroll. TVG does offer a risk-free first bet up to $200 and $10 in free bet credits.
FanDuel remains a leader in the mobile betting space with the help of multiple sports betting options, including expansive same game parlay selections for various sports.
Along with more ways to wager, the FanDuel sportsbook is always coming up with new bonus offers to keep users entertained, most revolving around odds boosts or risk-free bets, or other ways to earn free bet credits by placing wagers that meet criteria. For all that the online sportsbook does right with sports betting, the lack of a loyalty program is surprising.
FanDuel focuses on a user-friendly experience, equipped with all the bells and whistles one could ask for, including odds boosts, prop bets, live betting, and an intuitive mobile app that makes it a breeze to place bets.
Licensing by State
All US sports betting sites must hold legal online gambling licenses in each state they operate. States that limit the number of sportsbook licenses allow FanDuel for a reason.
With the ease of which FanDuel takes up residency in new states, it’s clear they have their ducks in a row.
Licensing and oversight information can be found at the bottom of every page, listed below the phone number for gambling addiction help and above the number for regulator or law enforcement inquiries.
Consumer safety is upheld by these agencies, while answers about the legitimacy of FanDuel are answered by double-checking the validity of its operations license in each state.
- Tap here to see the official FanDuel Sportsbook in New Jersey and its physical partner.
- Tap here to read about FanDuel’s official license for New York and its physical partner.
All FanDuel casino games use random number generator (RNG) software, which determines the outcomes of the games in the online casino.
The engineering and quality assurance departments rigorously check FanDuel slots and casino games to ensure the RNG is random and the published return to player (RTP) percentage is accurate.
Any assumptions that FanDuel is rigged are quickly debunked as the casino games are audited regularly through independent testing.
Software developers themselves are licensed, and many hold approval from eCOGRA, one of the world’s leading independent testing agencies.
FanDuel Investments and Stock Value
FanDuel is owned by Flutter Entertainment, previously known as Paddy Power Betfair, the leading global online gaming provider, which also has investments in PokerStars, Betfair, and TVG.
PokerStars is the most popular casino hold’em poker platform, controlling over two-thirds of the total online poker market.
After multiple rounds of funding over the years, FanDuel is valued by some at over a billion dollars. In 2020 Flutter inked a $4 billion deal to buy 37% more of FanDuel, pushing their ownership percentage to 95.
Unfortunately, like the broader stock market, Flutter’s stock value (PDYPY) has decreased considerably in the last year, declining almost 40%. The holding company did have an even month after a 10% bump during the second week of May.
Nonetheless, the fact that FanDuel is highly valued and part of a publicly-traded company highlights its trustworthiness.
Betting on FanDuel vs. Offshore Sportsbooks
With FanDuel complaints few and far between, it isn’t worth risking your money with an offshore site that may be operating without a license.
These online casinos and sportsbooks are under no obligation to offer fair odds, provide vetted casino software, or follow through with payouts.
Even if playing online casino games or sports betting with FanDuel doesn’t sound right for you, it’s still advised to go with a similarly legitimate company operating on the right side of US and state laws to ensure a quality gaming experience.
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What about FanDuel Casino being rigged?
Online gaming has had a few black eyes in the news over the years, so in theory, the software could be rigged, but unlike the daily fantasy sports industry, online casino gaming is heavily regulated in the US, and FanDuel has partnered with trusted online gaming developers such as NetEnt, NextGen Gaming, IGT, and Everi to provide games for the online casino.
Bad beats tend to have an added layer of suspicion, no matter what online casino you’re playing digital blackjack or roulette. Blackjack gets the most attention because players will pick up on a perceived pattern sooner because bettors are more engaged based on the number of decisions.
According to Reddit, despite some blackjack bad beats and speculation on American and European roulette, FanDuel has one of the top-rated casino apps for iOS and Android.
The FanDuel casino bonus offer is a generous risk-free first-day welcome bonus of up to $1,000 so bettors can see for themselves. FanDuel will refund any losses incurred in the first 24 hours after posting the initial deposit. The FanDuel casino bonus offer is paid out in free bet credits.
Along with a few weekly reload deposit bonuses, the online casino also features multiple bonuses based on reaching daily betting limits of $100-200 on blackjack, live dealer games, roulette, or slot games to earn $10-20 in credit.
With rigging out of the picture, reading the terms and conditions set by FanDuel Casino and Sportsbook will ensure you will not feel scammed or that you are treated unfairly later on.
FanDuel Reviews by Users: Scam or Legit?
The FanDuel legal team hasn’t fielded many claims in the four years since launching in New Jersey, and as a result, bettors can enjoy the action stress-free.
Most of the negative reviews aren’t scams but rather problems outside of FanDuel’s control, including sore losers, bettors who didn’t read the fine print, or tech issues on the user’s end.
Slow response times are somewhat concerning, but with how many users FanDuel serves, legit minor problems are bound to arise.
Users can contact the customer support team through live chat or email form. Response time on emails is estimated to be 12 hours. If you are worried about the legitimacy of the software or feeling a game is rigged, you should confront FanDuel with your concerns.
Players who do not trust FanDuel, can address their case to the gambling authority of their state. Since these bodies regulate FanDuel, they will investigate any allegations thoroughly, to ensure security and transparency are upheld.
How is FanDuel Legal in the US?
FanDuel has gone from being a daily fantasy sports fixture to having a stranglehold on legal sports betting in less than a decade.
Four years of Flutter continuing to double-down on their investment has helped propel FanDuel to being one of the top names in US sports betting.
In its current iteration, FanDuel was created to compete with daily fantasy sports giant DraftKings.
The mobile device betting behemoths attempted to merge in 2016, but it was squashed in 2017 by the Federal Trade Commission, citing what would be a 90 percent monopoly on one-day fantasy sports.
A year after debuting its sportsbook in New Jersey, FanDuel had moved its way into Indiana, Pennsylvania, and West Virginia. By the end of 2020, the sportsbook was up to eight states.
Since before FanDuel was a sportsbook, it’s been closely watched, which is proving to be to its benefit as it bullies its way into new markets.
Safety Features at FanDuel
All personal information is stored safely using industry-standard Secure Socket Layer (SSL) encryption technology that helps prevent unauthorized users from viewing or manipulating any sensitive information.
The help and support page features all the links and a FAQ section that includes information on responsible gaming. Bettors can set time limits, amount restrictions, or even self-exclusion.
For minor issues, the customer service team can usually resolve most problems quickly and is happy to do so.
Along with taking all the proper safety measures to ensure information remains private and money remains in the right hands, FanDuel makes it easy to resolve issues or seek help.
Setting bet limits shows FanDuel has the bettor’s best interest at heart.
Promo Code Terms and Conditions
Losing bets will be refunded in site credit within 72 hours. Users will have two weeks to roll over their free bet credits. All other free bets expire in seven days unless otherwise stated.
FanDuel gives new bettors a chance to build their bankroll with no significant restrictions or deceptive terms and conditions. Free bet credits usually hit much earlier than the three days users are quoted.
The sportsbook free bets come with rollover requirements, but it’s just one time through. To check bet credit availability, click on your profile photo or look for the switch button in the bet slip. Some restrictions may apply.
RNG & RTP
As mentioned above, RNG is an algorithm that supplies random numbers to make sure that games played are fair and bettors are not cheated. In live games, dealers shuffle cards for similar randomization.
Casino operators don’t control what is won from a game; the return to player percentage does.
How much of the total money bet on a game will be returned to players over time doesn’t apply to one single player; instead, the RTP percentage is calculated for a large number of slot spins or hands of cards.
Bettors could hit jackpots or clear small wins, but the average amount the game returns to players over a certain period will be in line with the RTP.
The house will always hold an edge, but these industry standards in accountability, verified by international testing services like eCogra and Technical Systems Testing, should help to alleviate any worries about rigged games.
Juice is the cut the sportsbook makes for taking a bet. If the FanDuel sportsbook wanted to pull in a few extra points, this would be an easy way to do so legally.
Instead, FanDuel offers more alternative spreads than any other sportsbook. It’s not just about attracting or converting users to FanDuel, it’s about keeping them active and happy.
Lines Release FanDuel Scandal
After a slight daily fantasy hiccup in 2015 by a DraftKings’ employee, both sportsbooks prohibited their workers from playing in contests for money on rival websites.
The employee inadvertently released data before an NFL slate while winning $350,000 the same week. DraftKings concluded he couldn’t have used the information to an advantage, but it did bring into question what data is floating around on the backend and who has access to it.
Taking proactive steps to prevent employees from gaining an edge is another way FanDuel looks out for its users.
Brick-And-Mortar Casino Partnerships
Along with being a significant player in the mobile betting scene, FanDuel holds multiple partnerships with dozens of retail sportsbooks and casinos in the states in which they operate and professional sports teams from the area.
Brick-and-mortar casinos and local sports teams have positive images to uphold; partnering with a dishonest gambling site would not be in their best interest.
The complete list of brick-and-mortar locations can be found on FanDuel’s legal sports betting map.
With various banking methods requiring as little as $10 and a secure and straightforward sign-up process, money-changing hands is made easy at FanDuel.
Along with credit and debit cards, sports bettors can deposit money by making an online bank transfer using Trustly, a Swedish company that has been helping consumers transfer money since 2008.
Depending on the state, payment methods to withdraw money include check, a bank transfer, PayPal, prepaid cards, and Venmo. All options should take 2-5 days to transfer money, except a check which may take up to two weeks.
Is FanDuel a Safe and Legit Sportsbook? Our Verdict
If you’re still wondering is FanDuel legit, there’s a reason the online sportsbook and mobile app continually receive 5/5 star ratings.
Whether it’s the casino, sports betting, or horse racing, users can enjoy all types of gaming options stress-free with FanDuel’s risk-free bet bonus offer for whatever you’re into.
Besides the risk-free bet, the FanDuel sportsbook is doing its best to take care of bettors with competitive vig, more options, and more ways to play them.
From full financial backing to account encryption and independent auditing, bettors should have FanDuel on their shortlist.