Table of Contents


Odds vs. Other Books:
hold vs. 4.5% avg
*lower is better
VIP/Rewards Grade: 5/5
Summary: FanDuel's VIP program is very profitable but one of the harder books to achieve VIP status on. The program comes with a VIP rep who can offer deposit matches.

Updated: Sep 27, 2023
4 min read

Matched Betting

What is the "Matched Betting Value" listed above? This is the amount of risk free profit that you can make from the sign-up offer through a technique called matched betting. In short, it is a mathematical approach to sports betting that guarantees profit by hedging your bets. This allows you to cover all possible outcomes and secure a profit no matter what happens in the game. This is different from gambling because there is no risk of losing. Learn more in our What Is Matched Betting guide.

Available Locations


FanDuel is the largest sportsbook in the US by a large margin. They are located in 20 states and in many of them are responsible for over 50% of the handle in each state. As a large sportsbook, you can expect to be allowed to wager larger amounts than some other books. FanDuel is also unique because they show you the maximum wager they are willing to accept before you place a bet.

Where is FanDuel sportsbook legal? It is legal in the following 20 states: Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Massachusetts, Michigan, New Jersey, New York, Ohio, Ontario, Pennsylvania, Tennessee, Virgina, West Virginia, and Wyoming.

To see the maximum wager allowed type in a large number until you see the "max wager" text appear. Having this information is helpful for a variety of reasons. It helps you avoid small markets, and limits, as well as allowing you to know ahead of time if FanDuel will accept your wager. Knowing that FanDuel will accept your wager eliminates the risk of not being able to place a bet large enough to hedge your promotion.

Screenshot of a FanDuel's bet slip showing max wager.

Notes Before Signing Up

Many sportsbooks increase their sign-up offers around large sporting events such as the start of the NFL season, or the NBA playoffs. FanDuel tends to do the opposite and decrease their offer. They almost always have a $1,000 Risk Free Bet available. If a different offer such as Bet $5 Win $200, then check the end date of the promotion and wait until then to sign-up since it will likely change back to the $1,000 Risk Free Bet.

Unique Terminology

  • Bonus Bet: Free Bet

Signup Offers

$1,000 Risk Free Bet refunded as a Free Bet

Bet & Get

Bet $20 Get $200 in Free Bets
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Repeating The Sign-up Offers

Sign-up offers are some of the most profitable promotions available in matched betting. Some sportsbooks will allow you to repeat them in each state increasing your profits. You can learn more about repeating the sign-up offers in multiple states in our guide.

  • Separate account per state: No
  • Can you repeat the signup offer in each state: No
  • Can you do the Refer A Friend (RAF) offer and the sign-up offer: Unknown

VIP/Rewards Program

FanDuel's VIP program is very profitable but one of the harder books to achieve VIP status on.  The program comes with a VIP rep who can offer deposit matches, and the VIP offers are often the same offer as the generic offers, but they are 10x the size. For example, if everyone is offered a 100% Profit Boost on a $25 bet, someone in the VIP program would be offered a 100% Profit Boost on a $250 bet.

Example Promotion

FanDuel is a promotion-filled sportsbook. They frequently offer Profit Boosts, Free Bets, and more. You can view your available promotions in the designated promotions tab on the app/website.

Profit Boost

Here is an example of a Profit Boost on FanDuel. Through matched betting, you can mathematically guarantee profit by hedging your bet.

Screenshot of a Profit Boost promotion on FanDuel.

Profit Boost Bet Finder

You can use the Profit Boost Bet Finder on DarkHorse Odds to guarantee a profit of $23. In addition to the Profit Boost Bet Finder DarkHorse Odds has all the tools needed to convert a wide variety of sportsbook promotions such as Free Bets, Risk Free Bets, Site Credit, and more. You can learn more about matched betting in our guides.

Screenshot of the Profit Boost Bet Finder on DarkHorse Odds a FanDuel Profit Boost.

Deposit & Withdraw Methods

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