New York Fanduel Sportsbook Review

This series of New York sportsbook reviews from us comes just a few months after the first wave of legalized sports betting has hit New York. Among the nine sportsbooks who were authorized to open in the state, there are some sportsbooks that have packed a ton of features, and in general been extremely rewarding destinations for online sports bettors from New York who previously didn’t have legalized local options that didn’t involve in-person transactions.

Among the growing list of online sports wagering options is the FanDuel New York sportsbook, which was among the first authorized NY sportsbooks to open up in early January 2022, incidentally on the same date as BetRivers New York sportsbook launched their platforms. So we set about putting together this New York FanDuel sportsbook review for you. Our team of researchers took a full tour around the websites, the apps, and made notes on what works, what could work better, and where and how you can find betting value on this sportsbook.

What we like about FanDuel sportsbook NY

• Backing of the world’s largest gambling company
• One of the highest rated apps
• Elegant and logical interface

What could improve about FanDuel sportsbook NY

• Withdrawals are not always smooth
• Welcome bonus details not always clear

Our Rating: 4.8/5

FanDuel New York Launch

FanDuel NY launch date: 8 January, 2022. FanDuel sportsbook NY launched at the start of the second week of 2022, and has made some giant moves since then to become one of the most popular New York legal sports betting site. This won’t surprise you too much when you hear the origins of this platform, and whom they are backed by.

People familiar with the sports betting industry will be familiar with the name Flutter Entertainment. If you aren’t, you are probably aware of the brand names Paddy Power, or Betfair. Paddy Power Betfair is what the company was originally called, before rebranding to Flutter Entertainment. In 2020, Flutter Entertainment made a strategic merge with The Stars Group, which immediately made them the largest gambling company in the world, with sportsbooks like Betfair, SkyBet, PokerStars and Sportsbet under their wing.

As things stand, Flutter Entertainment owns 95% of FanDuel sportsbook through making a multi-billion dollar deal in 2020, not too long after legalized online sports betting started making inroads into many states across the US.

Even before that deal happened, FanDuel was a relatively well-known brand in the world of fantasy sports and through their various retail gaming locations across the country. The clear interest to expand into the brand new world of legal sports betting, and their solid position to make a move in that direction, was possibly one of the reasons they entertained Flutter’s proposition – or vice versa – and it is no shock that FanDuel now has a New York sportsbook.

Is FanDuel Legal In NY?

FanDuel sportsbook NY is 100 percent legal and licensed in New York. This applies to the FanDuel NY website, as well as app. Their license to operate, and regulatory blessings came from the New York State Gaming Commission, which oversees the running of various forms of gaming and gambling in the state, and is the authority in case of unfair treatment, fraud, data theft, and a whole host of other accountability that you will not get with non-licensed sportsbook apps.

The story of legal online betting in New York can be traced back to 2018, when the US Supreme Court struck down a federal ban on sports betting. This led to many retail locations, like casinos, opening up their floors for in-person sports betting.

By 2019, the relevant authorities had paved the way to legalize online sports betting as well, which is when the state of New York took a serious interest. Since then, the New York sports betting industry has taken off, with support from the New York state senate, which is actively pushing bills that can benefit sportsbooks in their state.

In the middle of this larger picture falls FanDuel NY sportsbook, a budding new platform that was among the nine that were originally authorized by the New York State Gaming Commission in late 2021.

In Which States Is FanDuel Legal?

As of March 2022, FanDuel sportsbook is legal in the following states:

Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Louisiana, Michigan, New Jersey, New York, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming.

Through the course of our FanDuel sportsbook review, we got the impression that with Flutter Entertainment’s backing, FanDuel will be aggressively expanding across the United States over the next few years. We’d go so far as to say that they may easily be among the top three most expanded sportsbooks by the end of 2024. So make sure you bookmark this review page and revisit our list of states where FanDuel sportsbook is legal.

FanDuel Sportsbook NY Features

Cash-out

Sports betting can be a fun, thrilling activity for pretty much anyone who enjoys it. Experienced punters will also tell you that wager management, alongside stress management, is also an important part of becoming a long-term sports bettor. As a bettor, you must adhere to some form of discipline in both picking your games, as well as picking the correct amount of bets. You must also be alert to a bet gone wrong, and know when to cut your losses.

Like most New York sports betting sites, FanDuel NY sportsbook provides you this option on a large variety of bets. The cash-out option should be a default offering for any sportsbooks worth their salt, but you will be shocked at how few bookmakers around the world actually give you that option.

On FanDuel sportsbook NY, this option is easy to spot and easy to use. If you think one of your bets is about to lose based on the match situation, you merely have to find the active bets section on your FanDuel sportsbook account, and you’ll see in the vast majority of cases that there will be a cash-out option on the bets. It will also indicate, in green, how much of your money will be refunded and in our experience, it is a competitive amount.

In-Play Live Streaming

It’s rare that sportsbooks can prove to be educational, but throw in live streaming to a large variety of sports and obscure leagues from around the world, and that is highly possible. Like all major sportsbooks, FanDuel NY also has a live-streaming feature that is generally limited to non-American sports and minor league, niche events.

It will also show you streams from various countries, for example the Bosnian soccer league, or a qualifying tennis match at the third or fourth rung of the sport. While it does this, it offers you prop bets and moneyline bets for all these markets, which are generally not as crowded as those involving major sports leagues. If you’re good at spotting patterns in play and making well thought-out bets, this smooth feature with perfect live betting market integration can prove very handy for some bonus rewards while the rest of the world sleeps on the possibilities.

Boosted Odds

The New York FanDuel sportsbook generally offers daily odds boosts, which are essentially a bonus feature that gives you longer odds on certain events, on certain days. These are generally found most frequently in the business ends of tournaments, like the NFL playoffs, for example, but can be spotted pretty much on a daily basis if you keep your eyes peeled.

The simplicity of this feature is a big plus, particularly for beginner sports bettors. The odds boosts are all automatically integrated and only need for you to click a button. There is no need to go hunting for promo codes or affiliate links or any of that complex stuff. The impressive thing is that FanDuel NY already offers competitive odds, so these occasional odds boosts are very handy for slightly larger payouts than normal.

Same Game Parlays

Parlay bets are a set of different outcome based bets that you can string together in online wagering, and something that most sports betting operators offers by default. FanDuel New York also does this, through a very easy to find parlay builder, that is usually stacked with pre-built bets.

Clicking on one of them will put it in your bet slip, and from there on, you can add or remove legs to your parlay from the same game and watch the potential reward well right there. Alongside the aforementioned competitive odds that FanDuel sportsbook offers, the parlay builder tool outshines many sports betting platforms on the internet. The ability to easily combine multiple bets is a god-send.

FanDuel Sportsbook NY Website Experience

We’re big fans of the FanDuel NY website’s colors and simple, logical layout. The main navigation section houses all the popular sports, and to the best of our knowledge is a dynamic one, with the links interchanging based on how the sports are trending and how many users are placing bets on each of them. This is a great feature and we wish that other sports betting sites would offer this feature too.

We’re also fans of the prominent A-Z sports search button-cum-dropdown-list which puts the non-trending sports within reach if you’re here for your specific favorite sports. Another nice touch is that the safe gambling resources for anyone with a potential gambling problem is easy to access, both on the sportsbook site, as well as on the FanDuel anchor website which leads you to either their daily fantasy sports site or their betting site, depending on what you’re there for.

What we liked about the FanDuel sportsbook New York website:

• Easy interface, colors and contrast are gentle on the eyes
• The bet slip option is given a neat little nook and is very helpful in determining payouts
• Responsible gambling resources prominently featured

What could be better about the FanDuel sportsbook New York website:

• The sign-up page has too much of a paywall feel, blocking access to any kind of window shopping or odds exploration

FanDuel Sportsbook App New York Experience

The FanDuel sportsbook app had some teething issues in late 2021, with many users reporting a lag in signing in, fingerprint access being denied, and long withdrawal waits. But leading up to the launch of the FanDuel sportsbook app in New York, a lot of those issues seemed to have been ironed out. Despite the poor start, FanDuel was rated 4.7 on the Google Play Store with 73k+ reviews, and rated 4.8 on the iOS App Store with a staggering 500k+ reviews.

Did this match up to our experience when we set about doing this New York FanDuel sportsbook review? Yes, it did. The app works as designed, is not as laggy as it seemed to have been during its early days, and the customer support seems to have been ramped up to a much better level. Apart from that, it retains all the design elegance of the website interface and we had no issues at all switching from the web experience to the app experience. The app sustains a very good speed across different screens, and did well in our ultimate stress test of the in-play live betting feature.

What we liked about the FanDuel sportsbook New York app:

• Short learning curve if you’ve previously used the website
• Fast loading screens, streamlined live betting experience
• Elegant and immersive design that is not hard on the eyes

What could be better about the FanDuel sportsbook New York app:

• Withdrawal page is sometimes glitchy
• App’s geolocation checks can make it feel cumbersome and laggy

FanDuel New York Promotions

FanDuels NY has a variety offers, most prominently a bonus bet offer or $150 sign-up bonus. These two bonuses alternate depending on when you join. There are also a variety of casino and DFS bonuses you can claim once you familiarize yourself with the platform.

FanDuel New York $150 Sign-Up Bonus

We’ve come across two types of sign-up bonuses on FanDuel NY, and this one is the most recent of them (April 2022). For the kind of clout FanDuel has behind it, what with the Flutter Entertainment affiliation, this could feel a little underwhelming. Particularly in the New York sports betting scene, it pales in comparison to some others like BetMGM NY and PointsBet NY.

It works pretty simply, and you do not need a FanDuel sportsbook NY promo code to activate it. You simply sign up with the sportsbook, make a minimum deposit of $10, and place a first bet of a minimum of $5. As soon as you’ve done that, you will receive an automatic $150 bonus from FanDuel sportsbook in your account.

FanDuel New York $1,000 Bonus Bet

This bit of FanDuel NY’s promotions can get a little tricky. There are several affiliates and partners who advertise a $1,000 bonus bet that doesn’t require a FanDuel promo code to be used.

How this works is that you sign up, make a deposit and place some wagers of up to a $1,000. As soon as you do that, there are obviously two outcomes: either you win, or you lose. If you win, you get to keep your profits and move on. If you lose, however, FanDuel sportsbook will refund you the entire amount you’ve lost on your first bet, up to a limit of $1,000. These are deposited in the form of a site credit.

When we tried signing up, this offer – which also doesn’t require a FanDuel NY bonus code – was only available on FanDuel’s online casino. Our hunch is that it could be a seasonal type of offer, and you will have the opportunity of picking it up at some point in the near future again.

Odds Boosts

We’ve touched upon this aspect elsewhere in the New York FanDuel sportsbook review – they offer some pretty competitive odds and then add odds boosts on top of them to reward you further. These offers and boosts do not require the use of any bonus codes either. You will find them in and around the pages that you are betting on.

Parlay Insurance

A nifty little feature that FanDuel sportsbook offers is some solid protection of your multi-leg parlays. This FanDuel New York promotion is best used in conjunction with their robust same game parlay system which allows you to combine multiple bets over a game or over multiple games.

When you’re playing parlays, the minimum requirement for you to win the supremely heightened payouts is that every single leg of the parlay must win. If one of them fails, you entire parlay bet fails. That is the order of things.

On FanDuel, however, New York sports bettors have the option of insuring parlay bets. If you have, say, a six-leg parlay placed on an NBA game or an MLS Soccer game, and one of them loses, then FanDuel sportsbook refunds you for that bet in site credits.

What Kind Of Bets Are Available At FanDuel Sportsbook New York?

Straight Bets

In the world of sports betting, nothing is as popular as the straight bet. This generally involves a singular, based on fixed odds, and generally has to do with very large-picture outcomes. For example, the New York Rangers to win. Or Los Angeles Galaxy to score more than 2 goals.

These are the most popular bets for a reason – they’re simple enough, do not require a whole of statistical analysis, and are completely friendly to new users who are getting a feel for the sports betting world. Some of the bets that fall under this category are moneyline bets, over/under bets, or handicap bets.

On FanDuel sportsbook, these straight bets are straightforward to find. You will see them on pretty much every page for every sport.

Prop Bets

Prop bets come in the form of propositions – which is where the name comes from – that are made to you. Will Steph Curry score 30 points? Will Rafael Nadal win in straight sets? Of course, they’re not always in question format. They can also feature as simple statements, for example the number of passing yards a quarterback will make in the game.

As you can probably imagine, this kind of betting can be extremely entertaining. The prospect of betting on a granular event happening in the midst of multiple other events, which may or may not affect the result of the game, is compelling. As a result, prop bets are also generally the ones that offer the longest odds, because the risk factor is pretty high.

Round Robin Bets

Most sports fans are familiar with the round robin concept, and it translates almost exactly the same way in the online betting markets. If you have, for example, a three-leg parlay, FanDuel NY sometimes affords you a round robin bet; applying the principles of the round robin format in this case, you will only need two of your bets to win to claim your payout.

Futures Bets

Another type of bet that is pretty popular in the sports betting world is the futures bet, which is oriented towards betting on the outcome of an entire season or tournament. Again, this is popular because it generally involves the placing of a singular bet on whoever you think will win come the end of a season.

Of course, there are other variants of this, like whether a team will finish in the top 4 of the English Premier League, or if a certain player will go on to win the MVP at the end of the season. In whatever form they come, the bottomline is this: futures bets are always long-term in nature. And they are scattered all across pretty much every tournament that is listed on FanDuel New York.

FanDuel NY Sportsbook: List Of Sports

Barring the most niche – or even popular for that matter – sports from the Asian subcontinent, you are likely to find all major sports leagues and tournaments listed on FanDuel NY. This includes American college sports. Being that this sportsbook is limited to the United States at the moment, and the fact that Flutter has cornered pretty much every other country’s market, you can think of FanDuel New York as a distinctly American sportsbook. In general, that doesn’t make it a sportsbook with too much variety in terms of sports available.

• NFL Football
• NCAA Football
• NBA Basketball
• NCAA Basketball
• NHL Hockey
• NCAA Hockey
• MLB Baseball
• NCAA Baseball
• Boxing
• Darts
• Golf
• MMA
• Motor Racing
• Soccer
• Tennis
• Novelty and entertainments events – Oscar winners, election winners

FanDuel New York Tax Round-Up: What Percentage Of Gambling Winnings Are Taxed?

One of the downsides of the New York sports betting scene at the moment is that the taxation is pretty high, but that is mostly borne by the sportsbooks themselves. Until the new and amended sports betting bill is passed in the New York state senate, sportsbooks are liable to pay 51% tax in the state, which puts them in the steepest bracket in the country. We think this will drop well below that mark once the bill is passed.

To their credit, FanDuel New York taxes are not passed on to their customer in any way. All taxation on the end user is ultimately dependent on their own incomes for the year, the various tax-saving methods they use, and so on. Although the federal tax on gambling winnings is 24%, it is a smaller rate in New York: as a single person, your winnings are taxed anywhere between 4% to 8.8%.

FanDuel New York Deposit And Withdrawal Methods

With the approval of the New York State Gaming Commission and coming under the legal structures of the state, FanDuel NY has made several partnerships with banking insitutions.

Deposit Methods

All deposits are instant and free.

• Wire transfer
• Visa
• Mastercard
• PayNearMe
• Venmo
• PayPal
• FanDuel Prepaid Card
• Cash at FanDuel retail outlets and casinos

Withdrawal Methods

• Wire transfer
• FanDuel Prepaid Card
• Paypal
• Venmo
• Cash at FanDuel retail outlets and casinos

FanDuel New York Sportsbook: How to Signup

We appreciate a simple sign-up process, and FanDuel definitely delivers that. In order to sign up, you need to be at least 21-years-old and be physically located in one of the states that we previously mentioned FanDuel is legal in.

1. You click on the betting button on FanDuel’s anchor home page (it will be next to their fantasy and casino offerings) and it gives you a pop up to pick the state you’re in. Choose New York here and it opens up an email, username, and password prompt. This page also has a promo code or referral box you can use.
2. From here, it takes you to the next stage whee you fill in personal details such as full name, date of birth, address, SSN, and so on. FanDuel is a 100% legit site that has to conform to data protection and privacy laws, so you can be assured of safety here.
3. You finish the terms and conditions formalities, create your account with a simple click, and make your first deposit to claim your welcome bonus.

FanDuel New York FAQs