FanDuel vs. DraftKings: Which Underscoreg is Better in July 2024?

FanDuel vs. DraftKings introduction

The rivalry between DraftKings and FanDuel began when both companies were founded as daily fantasy sports sites in the early 2010s. Despite initial attempts to collaborate, the two titans ultimately became competitors, expanding their rivalry into the sports betting industry. Today, both sportsbooks dominate the market in every state they operate in, with FanDuel holding a slight edge over DraftKings in national market share.

Deciding between FanDuel and DraftKings is difficult because they are so similar in quality. Personal preference plays a big role in choosing which sportsbook to use. For more information on each operator, check out our detailed reviews of FanDuel and DraftKings.

Quick facts: FanDuel vs. DraftKings

FanDuel vs. DraftKings: Comparison overview

Both FanDuel and DraftKings offer excellent sportsbook products, making it a tough choice between the two. They are known for their exceptional user experiences and highly accessible betting apps, setting them apart from the competition in the industry.

DraftKings and FanDuel have been pioneers in the industry, constantly innovating with the introduction of new features such as same-game parlays, flash bets, SGP builders, and betting carousels.

There is no definitive winner when it comes to bonuses and odds in the DraftKings vs. FanDuel contest. It all depends on the current promotional schedules of each sportsbook and the specific odds of each game. Both platforms consistently offer great value with competitive pricing and attractive promotions.

Below, you will find a comprehensive comparison table that outlines the fundamental differences between these two sportsbooks, highlighting how they stack up against each other.

FanDuel Underscoreg

FanDuel emerged in 2009 from an Edinburgh news prediction site and swiftly became a major player in the daily fantasy sports industry, rivaling DraftKings. After PASPA was overturned, FanDuel was bought by Paddy Power Betfair, now known as Flutter Entertainment.

FanDuel is a key player in various gambling industries, but its standout feature is its sportsbook, which is operational in 22 U.S. states. In 2021, FanDuel made waves by introducing its racebook, making it the first U.S. operator to permit simultaneous betting on horse races and sports through a single account. New users can take advantage of the FanDuel Racing promo code, which offers a $500 No Sweat First Bet for those interested in betting on horse races.

FanDuel’s mobile app is praised for its sleek design and ease of use, receiving an impressive 4.8/5 rating on the App Store. In addition, FanDuel stands out for its competitive pricing on major sports and enticing promotions, such as the popular “bet $5, win $150 in bonus bets” offer for new users. No promo code is needed to take advantage of this offer.

The operator is highly praised in the betting world for making same-game parlays more popular, a concept first introduced by bet365 in Europe. FanDuel has enhanced and improved SGPs, introducing various new features. Additionally, it provides useful tools for bettors such as cash-out options and the FanDuel TV+ live streaming platform.

FanDuel stands out for its extensive market depth, offering a wide range of prop bets that are difficult to find elsewhere. The platform has received praise for its speedy payout process, with withdrawals often processed within 24 hours.

DraftKings Underscoreg

Established in 2012, DraftKings began as a small startup but soon became a dominant force in the DFS industry. With the repeal of PASPA, DraftKings seized the opportunity in the legal U.S. sports betting market. In 2018, it introduced its online sportsbook in New Jersey and has since expanded to 25 states.

Similar to FanDuel, DraftKings has expanded into various gaming categories, including casino and horse racing betting. By forming strategic partnerships and acquiring companies like Golden Nugget’s iGaming operations, DraftKings has achieved significant growth in the gaming industry. In 2020, DraftKings successfully switched from Kambi’s platform to SBTech while still maintaining excellent functionality on both desktop and mobile platforms.

DraftKings excels in providing extensive sports coverage, with odds available for a variety of mainstream and niche sports markets. The depth of their market, especially in futures and player prop bets, is unmatched. DraftKings consistently offers competitive odds that rival those of FanDuel.

DraftKings has solidified its presence in the micro-betting industry by teaming up with Simplebet, further establishing itself as a premier live betting platform with a diverse selection of wagering options and quick flash bets.

DraftKings’ new-user offer is comparable to FanDuel’s, where you can bet $5 and receive $150 in bonus bets. No DraftKings promo code is required to redeem this offer. Additionally, there is an early win promo for MLB games, where you can instantly win a moneyline bet if the team you support gains a lead of two runs or more.

FanDuel vs. DraftKings: Promo codes and sign-up bonuses

New users on DraftKings have the opportunity to receive $150 in bonuses by betting $5. All you need to do is deposit a minimum of $5, make your first bet of $5 or more on any market after signing up, and no DraftKings promo code is required. Regardless of the outcome of your initial bet, DraftKings will reward you with six $25 bonus bets. You must use these bonuses within seven days before they expire.

New customers at FanDuel can take advantage of a special offer: bet $5 and win $200 in bonus bets. To qualify, simply register without a promo code, deposit at least $5, and place a wager of $5 or more on any market. If your bet is successful, FanDuel will credit you with $200 in bonus bets. Just remember to use your bonus within seven days, or it will expire.

The DraftKings offer will end on August 18, 2024, at 11:59 p.m. ET, while the FanDuel offer expires on July 28, 2024, at 11:59 p.m. ET. Both offers are available for a limited time.

Both offers are alike, offering bonus bets for an initial wager of $5 or more. However, there are some notable distinctions between the two.

FanDuel’s reward offers more flexibility compared to other platforms, allowing you to use the full amount at once or divide it into smaller portions. However, you must win your initial bet in order to receive this bonus.

When using DraftKings, you will receive bonus bets regardless of whether your first bet is a win or a loss. Keep in mind that the $25 bonus bet token cannot be divided into smaller wagers.

DraftKings Up To $300 in Bonus Bets Promo

If you are in Iowa, Illinois, Louisiana, Michigan, North Carolina, New Jersey, Ohio, Pennsylvania, Vermont, or Wyoming, DraftKings is offering a welcome bonus of up to $300 in bonus bets. Players located in these states can also access additional betting tiers that unlock even higher bonus amounts.

If you live in a qualifying state and are interested in exploring a larger DraftKings bonus offer, simply click on the appropriate link below:

• DraftKings promo code Iowa
• DraftKings promo code Illinois
• DraftKings promo code Louisiana
• DraftKings promo code Michigan
• DraftKings promo code North Carolina
• DraftKings promo code New Jersey
• DraftKings promo code Ohio
• DraftKings promo code Pennsylvania
• DraftKings promo code Vermont
• DraftKings promo code Wyoming

FanDuel vs. DraftKings: Odds boosts

DraftKings and FanDuel could improve their regular odds boosts offerings. Each platform typically offers around 10 daily boosts based on the games scheduled for that day. The boosts usually range from a 15% to 40% increase in prices, with bigger boosts associated with longshot bets. Additionally, both platforms clearly display the original price, so users can easily see the size of the boost they are receiving.

However, FanDuel lags slightly behind DraftKings in this area, with a $50 maximum bet cap on boosted odds markets compared to DraftKings’ more liberal approach. FanDuel typically focuses on odds boosts for same-game parlays (SGPs) and major sports, while DraftKings offers boosts for standard parlays and lesser-known sports. Additionally, DraftKings allows for “odds surge” bets, where you can increase the odds on a single market. For example, they recently offered a +200 boost for any “first goalscorer” bet in a Carolina Hurricanes vs. Florida Panthers NHL game.

FanDuel and DraftKings offer profit boosts that allow you to increase the odds of multiple betting lines. These boosts can apply broadly or be specific to a certain game or sport.

When it comes to accessing daily odds boosts, especially for new users, FanDuel clearly outshines DraftKings. FanDuel prominently displays their boosts in one of the main tabs, making it easy to find. On the other hand, finding odds boosts on DraftKings may require some searching through the promotions page or using sub-menu filters. While DraftKings does showcase some boosts on their homepage banner, it only highlights a limited number of them.

Make sure to review our guide on how to read odds before taking advantage of any boost opportunities.

FanDuel vs. DraftKings: Deposits and withdrawals

When it comes to finances, FanDuel has the upper hand over DraftKings in terms of withdrawal processing times. FanDuel is known for its quick processing speeds, particularly for PayPal and Play+ withdrawals which are typically processed within 48 hours. This makes FanDuel a top choice for those looking for fast payouts. On the other hand, DraftKings may make you wait a bit longer, with a 2-5 day waiting period for withdrawals using these methods. Both sportsbooks usually take around 3-5 days to process online bank withdrawals.

All sportsbooks offer a variety of payment methods such as PayPal, online banking, Venmo, gift cards, Play+ cards, credit/debit cards, and VIP Preferred. However, DraftKings does not support PayNearMe, unlike FanDuel. With PayNearMe, FanDuel users can generate a unique code on the site and make payments at select locations like CVS or 7-Eleven, with a maximum limit of $500.

Both DraftKings and FanDuel require a minimum deposit of just $5. The maximum withdrawal limit has not been disclosed.

Furthermore, FanDuel has implemented a higher maximum winning cap on individual bets in certain markets. Specifically, there is a cap of $1 million for NHL and secondary markets such as golf and soccer, whereas DraftKings sets their limit for those markets at $250,000-$500,000.

FanDuel vs. DraftKings: Mobile app experience

Both FanDuel and DraftKings have top-notch mobile apps, as evidenced by their impressive 4.8/5 ratings on the App Store. Android users also highly praise both apps, giving DraftKings a 4.6 rating and FanDuel slightly higher at 4.7. Each app offers seamless navigation, clear visuals, and a delightful user experience.

FanDuel has a lighter blue and white aesthetic, while DraftKings opts for a deeper green and dark color scheme. Ultimately, the choice between the two comes down to personal preference, as aesthetics are subjective.

FanDuel has a slight edge in on-screen data density by allowing up to five games on one screen compared to DraftKings’ four. However, DraftKings excels in organizing its betting menu, particularly for player props in the NFL. Unlike FanDuel’s scattered layout, DraftKings categorizes player props for easy navigation and better user experience.

Both apps also have biometric features, specifically allowing users to log in using facial recognition technology.

FanDuel vs. DraftKings: Available sports and markets to bet on

The competition between FanDuel and DraftKings sportsbooks is fierce, with both offering extensive coverage of mainstream sports and secondary markets. However, DraftKings edges out FanDuel in the niche sports sector, providing odds on 22 sports compared to FanDuel’s 19. This makes DraftKings the preferred choice for specialized bettors looking to wager on unique sports such as badminton and futsal.

When it comes to market depth, both platforms are evenly matched. They are at the forefront of the industry in terms of props and futures bets, providing a diverse range of creative basketball props as two of the top NBA betting sites. DraftKings stands out with its player turnovers, head-to-head player props, and unique early-game bets, while FanDuel offers props on first free throw attempts and bets on stat leaders.

FanDuel and DraftKings both offer a wide variety of MLB bets, including plate appearance, innings, and pitcher props. In the NHL market, FanDuel stands out with game props like first team to reach five shots on goal, while DraftKings offers a range of goalie and goalscorer bets. FanDuel also has more alternate lines for totals, with 16 options compared to DraftKings’ nine.

When it comes to football betting, both platforms stand out for their distinctive NFL futures wagers, solidifying their positions as premier Super Bowl betting sites. DraftKings offers season matchup bets, where quarterbacks are pitted against each other for passing yards during the regular season. Meanwhile, FanDuel provides bold predictions like forecasting a perfect season for the Kansas City Chiefs.

If you’re feeling unsure about where to start with all of these options, we recommend reading our guides on how to bet on sports and how to manage your bankroll first.

FanDuel vs. DraftKings: Loyalty programs

DraftKings offers a loyalty program called Dynasty Rewards with five tiers, allowing returning bettors to earn rewards for their continued commitment. By placing bets, users can earn crowns and tier credits. Crowns can be exchanged for bonus bets or prizes in the DK Store, while tier credits determine a bettor’s loyalty program ranking. The rate of accumulation is as follows:

• $1 wagered on parlays = 1 crown
• $2 wagered on single wagers = 2 crowns

You earn one tier credit for every $5 wagered on straight bets and futures, and $10 wagered on parlays.

FanDuel currently operates a loyalty program that has not yet been integrated into their sportsbook, giving DraftKings a noticeable edge in this area.

FanDuel vs. DraftKings: State availability

Here is an overview of the geographic reach of DraftKings and FanDuel. In the competition between DraftKings and FanDuel sportsbooks, DraftKings has a stronger presence.

Alternative sportsbooks to FanDuel and DraftKings

DraftKings and FanDuel are great choices for new bettors, but don’t forget about other top U.S. sports betting sites.

Caesars Underscoreg

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BetMGM Underscoreg

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BetMGM Underscoreg has a variety of unique features that cannot be found anywhere else, such as “Edit My Bet.” By using the BetMGM bonus code SBRBONUS, new players can take advantage of one of the best bonuses available. To learn more about the sportsbook, check out our comprehensive BetMGM review.

BetRivers Underscoreg ⚡

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BetRivers provides a top-tier iRush rewards program and a generous sign-up bonus. Don’t forget to use the BetRivers promo code SBRBONUS when signing up. This sportsbook is a valuable addition to your rotation. Check out our BetRivers review for more details.

ESPN BET

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More Underscoregs

Underscoreg Review may receive advertising commissions for visits to a sportsbook or casino betting site. 21+. Gambling can be addictive, please play responsibly

In November 2023, ESPN BET officially launched, debuting simultaneously in 17 states before expanding to include North Carolina shortly after. This rapid expansion solidified their position as a prominent player in the online betting industry, bolstered by their strong brand presence. New users are eligible to receive up to $1,500 in bonuses without the requirement of an ESPN BET promo code. For more information on this exciting new platform, check out our comprehensive ESPN BET review.

bet365

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Although bet365 is not as widely available as FanDuel or DraftKings, it is a strong competitor in the states where it is offered. With an attractive welcome bonus, user-friendly interface, and competitive odds, every bettor should consider giving bet365 a try.

Visit our bet365 promo code page to discover how to receive a potentially profitable welcome bonus, or explore our bet365 review for more information about the sportsbook.