Sign-up Offer: $1,000 No Sweat First Bet
Matched Betting Value: $500
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: Jul 25, 2024
4 min read
Note: If you are located in Ontario, we are not able to display any available promotions.
Matched Betting
What is the "Matched Betting Value" listed above? This is the amount of 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 available in the following locations.
Overview
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.
Odds Analysis
Popular Sportsbooks
Sharp Sportsbooks
FanDuel MLB Odds Analysis
FanDuel has an average MLB vig of 4.03%. FanDuel MLB odds are similar to popular sportsbooks (4.25%). This is considerably worse than sharp sportsbooks which are closer to 2.19%.
FanDuel averages -153.6 for MLB favorites which is slightly better than popular sportsbooks (-155.0). FanDuel is worse than sharp sportsbooks which have an average of -147.6.
The average FanDuel MLB odds on underdogs is 130.1 which is similar to popular sportsbooks (130.1). FanDuel is worse than sharp sportsbooks which have an average of 134.9.
Signup Offers
$1,000 No Sweat First Bet
$1,000 Second Chance Bet Refunded as a Bonus Bet
Amount: $1,000
Type: Second Chance Bet Refunded as a Bonus Bet
Bet Finder:
Second Chance Bet Deposit: $1,000
Minimum Hedge: $1,500
Expected Value: $500
Bet $5 & Get $200
Bet $5 & Get $200 in Bonus Bets
Amount: $200
Type: Bet & Get Bonus Bet
Bet Finder:
Qualifying Bet Deposit: $5
Minimum Hedge: $300
Expected Value: $140
Available in: North Carolina
Bet $5 & Get $150
Bet $5 & Get $150 in Bonus Bets
Amount: $150
Type: Bet & Get Bonus Bet
Bet Finder:
Qualifying Bet Deposit: $10
Minimum Hedge: $225
Expected Value: $105
Available in: Arizona, Colorado, Connecticut, DC, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Vermont, Virginia, West Virginia, Wyoming
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, Bonus 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.
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 Bonus Bets, Second Chance Bets, Site Credit, and more. You can learn more about matched betting in our guides.
MLB House Rules
Each sportsbook has its own House Rules which determine how a bet is graded. These rules cover unlikely events, such as what happens to your bet when a game is canceled.
Usually, the different house rules across sportsbooks do not have an impact on matched betting. However, in Major League Baseball (MLB), there are notable exceptions. A simple example is when a game is postponed due to weather. Read our House Rules Comparison guide to learn more.
For MLB it is also important to understand what defines Action.
Money line
Will The Odds Change: No
Run / Total / Alt Lines
Action: Yes
Will The Odds Change: No
Player Props
Pitcher Prop action: Must Start
Batter Prop action: One Plate Appearance
Deposit & Withdraw Methods
One of the largest sportsbooks in the US, is now regulated in Ontario. FanDuel also offers online casino.
Updated: Jul 25, 2024
4 min read
Note: If you are located in Ontario, we are not able to display any available promotions.
Matched Betting
What is the "Matched Betting Value" listed above? This is the amount of 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 available in the following locations.
Overview
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.
Odds Analysis
Popular Sportsbooks
Sharp Sportsbooks
FanDuel MLB Odds Analysis
FanDuel has an average MLB vig of 4.03%. FanDuel MLB odds are similar to popular sportsbooks (4.25%). This is considerably worse than sharp sportsbooks which are closer to 2.19%.
FanDuel averages -153.6 for MLB favorites which is slightly better than popular sportsbooks (-155.0). FanDuel is worse than sharp sportsbooks which have an average of -147.6.
The average FanDuel MLB odds on underdogs is 130.1 which is similar to popular sportsbooks (130.1). FanDuel is worse than sharp sportsbooks which have an average of 134.9.
MLB House Rules
Each sportsbook has its own House Rules which determine how a bet is graded. These rules cover unlikely events, such as what happens to your bet when a game is canceled.
Usually, the different house rules across sportsbooks do not have an impact on matched betting. However, in Major League Baseball (MLB), there are notable exceptions. A simple example is when a game is postponed due to weather. Read our House Rules Comparison guide to learn more.
For MLB it is also important to understand what defines Action.
Money line
Will The Odds Change: No
Run / Total / Alt Lines
Action: Yes
Will The Odds Change: No
Player Props
Pitcher Prop action: Must Start
Batter Prop action: One Plate Appearance
Deposit & Withdraw Methods