FanDuel & Draftkings Comparison: Which One to Choose?

The era of fantasy sports has kicked off into the next level with competitors like DraftKings and FanDuel vying for the top spot. The duo has been around only for the last few years, but they have gained a lot of traction. This also has to do with the presence of added features like the proper sportsbook amongst others.

FanDuel & Draftkings Comparison: Welcome Offers & Exclusive Promo Codes

DraftKings PromotionsWelcome Bonuses (2020)Exclusive Promo Codes

Fanduel
NJ – $500 Risk-Free Bet GET THE FANDUEL PROMO CODE

Draftkings
Get $200 Risk-Free Bet + Up to $500 Bonus GET DRAFTKINGS PROMO CODES>>

Welcome bonus: DraftKings wins 

The welcome offer at DraftKings sportsbook is quite intriguing, as new users will get up to $500 when they make the first deposit. This first deposit will be matched at 20% in order to arrive at the bonus figure. A player only needs to put a minimum deposit of $5 to avail the offer. This bonus will be subjected to wagering requirements of 25X, which is one of the biggest complications since a bettor has to wager $25 in order to see just $1 in the withdrawable balance. This bonus is available only for the sportsbook. There are also specific bonuses for the fantasy sports and casino sections. The former gets to enjoy a $500 bonus just like in the sportsbook section. It comes with the same kind of terms and conditions. 5

FanDuel comes with a lucrative bonus offer for new players. This offer can provide rewards of up to $500 as a risk free bet. A player can suffer losses up to this maximum limit and still receive a full refund after the first bet. There is also a relaxed wagering requirement, as the funds received from the risk-free bet needs to be wagered only once before it is added to the withdrawable balance. The wagering requirement of 1x is among the lowest in this industry. Apart from this substantial welcome bonus offer, new players are also treated to a $5 bonus when they make a first time deposit with the operator. This bonus fund will expire after just 14 days and it has to be used quickly. 5 

Explain the bonuses in bullet points 

  • DraftKings – Get up to $500 as part of the welcome bonus offer
  • FanDuel – Get up to $500 as a free bet

Sportsbook & odds: FanDuel wins

There is a wide range of sports covered by the DraftKings sportsbook. For any bettor considering betting options, DraftKings offers a great choice since there are markets for almost every major sport. A full list of the coverage will reveal that more than 15 different sports are covered including basketball, football, rugby union, hockey, golf, and more. Rather than just provide markets on the winner of the game, DraftKings makes it possible to bet on futures, outrights, spreads, money lines, and more. There is a growing prevalence of in-play betting and DraftKings maximises its opportunities with a large number of live bets. It allows bettors to act on games even as they happen. A faster version of live bets was introduced in 2019 through a feature called Flash Bet. This allows players to make short-term wagers that are paid out almost instantly as the game takes place. For example, a bettor can wager on individual points in a tennis match. 5

FanDuel provides coverage of more than 15 sports from around the world. Unsurprisingly, a greater amount of coverage goes towards American sports like basketball and baseball. There are even markets on college basketball and college football to highlight the kind of importance that FanDuel gives to sports in this region. There are markets on most of the top European leagues, but there is very little beyond. Each game gets about 10 or more markets rather than just focusing on the money line bets. There are prop bets, spread bets, and special game parlays. A sizeable selection of live betting options is also available, where players get real-time odds depending on the unfolding of an event. The partnership with Betfair is also one of the reasons behind odds being extremely competitive. The prices provided by FanDuel are some of the best in the business. 5

Bonus for existing players: DraftKings wins

A decent selection of promotional offers is available for DraftKings’ existing customers. These offers are spread over different events and some of them are even long-term. The availability of these offers goes through the roof when big events like Super Bowl approach. Even during the other times of the year, offers like Special Daily Odds Boost will provide added returns to players on top of the existing odds. If a player is looking to place a parlay, they would receive insurance. For example, a bettor will receive up to $25 if they lose just one event in a parlay of more than five events. There are also frequent insurance offers, which are available on popular games like basketball, where players get a bonus if the team does or does not perform well. 5

Even though FanDuel is a relatively new sportsbook, it comes out with an impressive list of promotional offers for existing players. They span a wide range of categories from boosted odds to insurance. For example, a bettor is into the same game parlay on an NFL game. They would receive $25 as a refund bet if just one of the parlays does not succeed. Similarly, insurance bets are available on several other competitions like NBA where the operator would have return back a significant amount of funds if just one of the parlays does not become successful. However, the breadth of promotional offers for existing players is slightly smaller when compared with DraftKings. 4

Explain the bonuses in bullet points

  • DraftKings – daily odds boost
  • DraftKings – parlay insurance
  • FanDuel – insurance bets

FanDuel & Draftkings Comparison: Additional features 

Live Stream

DraftKings has a live section that primarily focuses on assisting fantasy users with real-time information. As a result, the live streams not anything to write about especially when they are compared with European competitors. However, DraftKings is in the process of starting to offer live streams and it may soon be available on the platform. For the time being, players have to work with real-time statistics and embedded graphics in order to gain information and capitalise on the in-play betting section. 3

FanDuel created history by becoming the first sportsbook in the United States to provide live streams. Its partnership with Betfair and a new license enabled FanDuel to achieve this milestone. However, the quantity of live streams available is not compatible with a sportsbook located in Europe. It is more about providing bettors with features compared with a European sportsbook. After starting out with the German Bundesliga, FanDuel has been slowly expanding the live stream coverage. Still, there is a long way to go but it is a step in the right direction with some good quality streams. 5

Payment Options 

There are only a handful of payment options available to users at DraftKings. This would be one of the biggest disadvantages of the sportsbook, as many players in the industry tend to provide a large variety of options. The choices available or credit/debit cards, PayPal, and gift cards. There are a handful of other options that work depending on the bettor’s location. Still, the choices presented to the DraftKings user should be more than sufficient to handle a vast section of the audience. The small number of options has its disadvantages, especially when making a withdrawal request. Bettors can easily expect funds to take around three weeks if they make a withdrawal request using a check. The process becomes slightly faster when using a bank transfer or PayPal. Even then, it is not the fastest since it would take around a week or more. 4

There is a variety of deposit and withdrawal options at FanDuel depending on the player’s location. Most of the choices for Pennsylvania and New Jersey users are similar. However, FanDuel users in other states may not be able to use all options. The likes of credit/debit card, PayPal, online bank transfer, wire transfer, check, and prepaid card are some of the different means of deposit options supported by FanDuel. The withdrawal options are limited and they are once again subjected to location limitations. Withdrawal is only allowed to the same payment method used in the deposits. Most of the withdrawals take around 1 to 2 weeks due to the nature of options. 5

Cash-out 

DraftKings provides a cash-out feature that makes it possible for bettors to pull out from a wager even before the conclusion of an event. This only cash out feature can reduce losses or increase profits. The interface for this feature was similar to every other competitor. 5

It is not a surprise that FanDuel offers a cash-out feature where bettors can withdraw funds even before an event has concluded. Even though there will be differences in the odds – lengthened or shortened – compared to the original prices, it gives an opportunity to exit a wager if it is not functioning as expected. A lot of speed is essential to take advantage of the cash-out feature and FanDuel delivers on this regard. If this feature is available, it is straight away displayed on the ‘active bets’ tab. 5

Mobile Apps 

There are individual apps from DraftKings for the various sections within the platform. Users will be able to access each with the same login information, thus adding to the convenience while still maintaining an interactive user interface. The decision to move each section to individual apps manages to retain the simple user interface. Since DraftKings started out with a mobile platform, they have been able to make this transition. The apps are available for Android and Apple devices. Apart from the ability to make bets, users are also given the power to manage their accounts. 5

A mobile app from FanDuel makes its presence felt on both Apple and Android devices. It is capable of offering easy navigation, better customization, and quicker access to markets. Once a player gets access to the app, they are capable of placing wagers even when stuck in a traffic jam or when the move. This convenience makes it especially important when making a wager on far-flung events. In terms of design, FanDuel has been making brilliant desktop interfaces and the same design language has been carried over to the app. This makes FanDuel extremely functional, aesthetic, and light on the phone. There are apps available for the sportsbook and fantasy players. 5

Customer Support 

DraftKings is not great when it comes to customer support, as only two means are offered to a player – live chat and email. The absence of a telephone line is a serious blow even if the operator tries to make amendments with the availability of a callback feature. Still, the email and live chat features are available 24 x 7. Once again, there is a reasonably well-equipped FAQ section. 3

FanDuel has players covered with all three forms of support that are prevalent in the industry. Users will be able to choose amongst live chat, dedicated phone call, or email. All options are available 24 x 7. The live chat feature sounds good on paper, but it was a disappointment to witness the slow response times. The timing of the day determines the response time of the live chat feature. For users who do not have a serious issue on the hands, the FAQ section should have a reasonable amount of information to cover any problems. 5

Conclusion

FanDuel and DraftKings have become two crucial sportsbooks in a very short span of time. Rather than just stand out as a regular sportsbook, both these options end up having unique elements like fantasy sports section that is among the best in the business. The approach taken by both operators for the fantasy sports section is quite different. However, there is not much to separate them in terms of the sportsbook. Even though DraftKings is capable of offering slightly better bonuses and rewards, it is overcome in every other department by FanDuel. Undoubtedly, FanDuel would be the best choice among the two.

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