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Review of FanDuel Online Sportsbook in the State of NJ

Whether you’re an online sportsbook veteran or new to the sports betting scene, choosing a registered and legal platform online to do your wagering in New Jersey can feel overwhelming. We’re here to make it easier by sharing our unbiased review of FanDuel so you can choose the best online sportsbook for your needs.  

The good news is that betting online in New Jersey is legal as long as you work with a registered provider like FanDuel. 

We’ll help you understand the ins and outs of FanDuel, including whether you need a FanDuel bonus code to redeem their promotional offers. So, read on to learn about New Jersey sports betting with FanDuel, where this platform thrives, and areas for improvement.

An Overview of FanDuel Sportsbook

FanDuel has been around since 2009, and it started as a small business between five co-founders in Texas. Since then, it’s grown into a multibillion-dollar company and one that thousands of sportsbook customers trust for their betting needs.

You can feel peace of mind using FanDuel, knowing they’ve received many awards since their time as a company, including the “Company of the Year”  and “The Europas Best Gaming Start Up” Awards.

In 2018, FanDuel chose to merge with Paddy Power Betfair. It came about because sports betting in the United States was becoming more legal, and they could take advantage of this well-known Irish brand.

Nowadays, people recognize the merge as FanDuel Group. In addition to their sportsbook, FanDuel also offers a casino, fantasy sports, and horse racing. 

FanDuel Welcome Bonus

FanDuel knows there’s a lot of competition in the online sportsbook space, which is why they’ve created an enticing $1,000 no-sweat first bet welcome offer.

The idea behind this no-sweat offer is that you’ll get up to $1,000 back in free bets if you don’t get lucky and win your first bet. To qualify for this free bet, you’ll need to be a first-time FanDuel customer and place a cash wager on their sportsbook.

You don’t need a FanDuel bonus code to qualify for the welcome bonus. Instead, simply create an account and make a wager. Only your first bet qualifies for up to $1,000 money back, so pick wisely. That means only the first selection counts if you have one bet slip with multiple selections. 

Unlike competitors offering a similar welcome bonus, if you lose and receive money back in free bets, FanDuel doesn’t require you to use it all on your next wager. Instead, you can break it up into multiple bets.

Furthermore, you can use your cash back on any FanDuel Sportsbook market except for Round Robin and Same Game Parlay + wagers.  

FanDuel Promotions

FanDuel offers an impressive selection of promotions, and they’re constantly releasing new options to keep its customers engaged. 

Below are some examples of the promotions you can encounter on their platform. We recommend keeping an eye on their promotions page for their latest releases.

Monday MLB Longshot

Monday is a great time to place a bet at FanDuel. If you make a $5 Same Game Parlay or Same Game Parlay + wagers on a Major League Baseball (MLB) game, you could receive $25,000 in free bets.

To qualify for this, you must win with longer odds than any other person wagering. The good news is even if you don’t get first place, FanDuel offers free bets in bonuses ranging from $15,000 to $1,000 for the second to tenth places.

Base Hit Same Game Parlay +

FanDuel’s base hit Same Game Parlay + (SGP+) involves you betting on the base SGP+ of the day alongside other players. They’ll list off the players that could record a hit, and you’ll get to select one or more of them.

$5 Dinger Tuesday

By placing a pre-live straight bet of $25 or more on an MLB game, FanDuel will award you a $5 free bet bonus. Qualifying for this bonus involves making a “to hit a home run” wager, and you’ll receive $5 in free bets every time the teams make a home run.

Cash Out Promotion

If your bet is going well mid-way through the game, but you’re unsure if your luck will continue, FanDuel gives you the option to cash out early. To do so, head to the “Active Bets” section on your online bet slip. 

You’ll find a green button labeled “cash out” if the option is available. That said, not all FanDuel Sportbook markets currently support cash out. Furthermore, a team of FanDuel traders must review your request before they accept it. If all goes well, the winnings will arrive in your wallet as soon as it gets approved.

TVG $200 Back

By being a FanDuel Sportsbook customer, you can receive up to $200 in wagering credit back if you don’t win your first horse racing bet with TVG. 

The caveat is that you’ll need to sign up for a TVG account to be eligible. But it’s a viable option if you were already planning on betting on online horse racing. As a bonus, you’ll receive $10 on FanDuel’s sportsbook for signing up with TVG.

Refer a Friend

Your friends and family might be ready to join FanDuel if you’re talking about the great experience you’re having, and you can cash in on it. FanDuel will give you a custom referral link that you can share with them. From there, they’ll award you a $50 sportsbook bonus whenever your friend places their first bet of $10 or more.

Should your friends wager at FanDuel’s casino, you’ll also receive a $50 casino credit when they wager at least $10.

Does FanDuel Have Promo Codes?

If you’re looking for a FanDuel bonus code to redeem a promotion, it’s unlikely you’ll find one. That’s because FanDuel currently operates on an opt-in basis. 

So, you’ll need to log into your account, browse through the current promo offerings, and opt-in to any that seem interesting to you. 

Some customers complain that this is an extra step compared to other online sportsbooks in New Jersey. But given that many sportsbooks don’t offer the array of promotions that FanDuel does, we can see why they use an opt-in strategy to streamline the process. 

So, you can stop your Google search for “New Jersey Devils sports betting promo codes” and head to FanDuel’s website instead.

FanDuel’s Loyalty Program 

Admittedly, this header is misleading, given that FanDuel doesn’t have a loyalty program. That strays from many companies offering sports betting in New Jersey, which allow their customers to earn points for rewards.

That said, FanDuel has a “FanDuel Players Club,” but as of 2022, it’s exclusive to the fantasy sports section of their website.

The fact that FanDuel doesn’t currently offer a VIP loyalty program for their sportsbook platform might make you want to sign up with a different online sports betting platform in New Jersey. But we encourage you to read the fine print of other sportsbooks’ loyalty programs, for they often have VIP programs that are exclusive for people placing large volumes and monetary amounts of wagers.

Therefore, if you don’t plan on wagering a lot of money, FanDuel is likely still a strong contender compared to sportsbook platforms that offer a loyalty program.

Types of Sportsbook Leagues

Just because you’re looking for New Jersey online sports betting doesn’t mean FanDuel will limit you to locally-played sports. Instead, you’ll have access to various American and international sports. 

Some examples of sportsbook leagues that you’ll be able to bet on with FanDuel include:

  • Major League Baseball (MLB)
  • National Football League (NFL)
  • Women’s National Basketball Association (WNBA)

But that’s not all. Other sports you can place wagers on are as follows:

  • Soccer
  • Tennis
  • Hockey
  • Golf

We encourage you to visit FanDuel’s website for a detailed breakdown of all the games they offer. You’ll also get to view upcoming games, wager options, and spreads before signing up. 

That way, you can get a feel for whether FanDuel’s offerings align with what interests you most in the sports betting space.

New Jersey-based Sports on FanDuel

Many people in New Jersey who sign up for FanDuel do so because they want to bet on a range of sports and teams from across the U.S. or the globe. 

But if New Jersey and its surrounding teams have your heart, below are some of the local teams you’ll be able to bet on via FanDuel:

  • New Jersey Devils
  • New York Jets
  • Philadelphia 76ers
  • New York Knicks

It’s important to note that according to the law, it’s illegal for people in New Jersey to bet on collegiate New Jersey teams. Therefore, you won’t find betting options for local collegiate sports when browsing FanDuel’s website.

Bet Type Options at FanDuel

To the uninitiated, online sports betting can feel overwhelming. That’s because several types of bet options exist, all of which can impact your sports betting odds.

FanDuel does an excellent job of offering many different sports betting options. Below is a run-down of their offerings and an overview of what each offer entails. The good news is that many people choose to wager several different bet types, so it’s wise to experiment with the different styles to see which is best for you.

Point Spread Bets

Point spreads are one of the most popular wagering options. It involves betting on a given point spread based on how many points you think a team will win or lose. Determining the estimated margin of victory is the first step you’ll need to do when placing a point spread bet. 

A point spread bet can have a win, loss, or push outcome. These spreads can either be whole or half-numbers. 

Moneyline Bets

Moneyline bets are one of the easiest types of bets to place because you wager based on who you think the winner will be. So, they’re a fantastic fit for people new to the online sportsbook space.

A team or player may either have a positive or negative number beside it. For example, if the odds are +150, you’ll have to bet $100 to win $150, should your team or player win.

Parlay Bets

Parlay sports betting involves making a minimum of two bets, although people often wager three or more bets. To win at parlay, all of your wagers must come true. As with so many things in wagering, the more bet requirements to meet in a parlay, the greater the rewards if you win all those bets.

There are two types of parlay bets within the parlay category: single-game and regular. Single-game parlays mean that all the bets you make center around a single game. In contrast, you can combine your bets for different games within a regular parlay bet.

Teaser Bets

Teaser bets are specifically for basketball or football, and all of them involve spreads. With these bets, you pick the number of points you want to “tease” the lines for each of your choices, placing them in a position that favors you.

All teaser bets involve making multiple selections, and the greater the risks you take, the higher your winnings will be if you get so lucky.

Over/under Bets

Over/under bets is ideal for people who don’t have a favorite team they’re rooting for. With these bets, you’ll simply bet on the number of points you believe the teams will cumulatively score.

So, it doesn’t matter which team wins or loses, and you don’t have to bet on the points each team will win individually; over/under bets are all about the total score. 

Round Robin Bets

If you love the thought of making multiple wagers in a single bet but want to practice risk management, FanDuel offers the option for round robin bets.

In this case, you’ll make a minimum of three selections. FanDuel will then pair your preferences so that even if one of your bets loses, you’ll still be able to win some (albeit less) money on your other bets if you get them correct.

Prop Bets

You don’t need to wait until the end of a game to know the result of a prop bet. Instead, you can bet on an occurrence rather than an outcome. 

For example, you might bet on a player making a specific goal or a team performing in a certain way during a game, but that doesn’t necessarily lead to them winning. Therefore, prop betting has nothing to do with the outcome of a game.

Live Bets

Live bets are among the most exciting types of betting at FanDuel because you’ll bet on the games as they’re happening. You can expect a fast-paced environment, as many people bet on the next play right before it happens.

As a word of warning, you should be good at making quick decisions if you want to participate in live betting. That’s because the odds can change at lightning speed. The good news is that FanDuel’s technology allows for fast transactions. So, you can expect a little lag time on their end.

Futures Bets

Futures bet opportunities on FanDuel are few and far between, which is typical for sportsbooks, given that you’ll be betting on the outcome of a situation that occurs infrequently.

For example, you may place a futures bet on the outcome of the World Cup before the soccer season starts. You can also place a futures bet on something slightly more narrow, such as whether a New Jersey Devils player will become MVP. 

Using FanDuel on Mobile Devices

Although you can use FanDuel on a desktop, FanDuel does an outstanding job of offering its sports betting platform to players who are on the go in New Jersey. They provide a responsive and user-friendly app that you can download on any Android or iOS device.

These free apps have outstanding ratings on both software platforms, showing that thousands of people trust FanDuel’s sportsbook and banking mobile software.

What makes FanDuel one of the best sports betting apps is that it offers a nearly identical experience as the desktop version. Therefore, it’s easy to transfer between the desktop and app, picking right off where you left with your bets. 

Some of the features of FanDuel’s mobile app include:

  • Current games at the top
  • Latest promotions
  • Top events for wagering
  • Live games

Of course, you’ll also have access to all the many games that FanDuel Sportsbook operates. You can scroll through to find your favorite team or select from the current popular choices people are betting on.

You can also see FanDuel’s odds boost promotions for that day.

Another item that makes FanDuel an excellent contender as the best sports betting app is that they make it simple to place a bet from your phone or tablet.

Simply click on the available wager that interests you and add it to your bet slip. Once you enter your bet slip, you’ll be able to choose from any of the bets FanDuel offers, from moneyline to round robin. 

You can then choose the amount of money you want to win or bet, either of which will calculate your wagering amount. As with FanDuel’s desktop version, their app will advise you if your odds change in the time it takes for you to set up and place your bet. You’ll then have the opportunity to make any changes if you wish. 

How To Set up a FanDuel Account

If you decide FanDuel is the right fit for your sports betting New Jersey endeavor, creating an account is quick and easy. Simply follow the steps below:

  1. Visit FanDuel’s Sportsbook page and click “join now.”
  2. Enter your email and create a username and password.
  3. Confirm that you’re at least 21 years of age.
  4. Add additional personal details.
  5. Make your first deposit.

FanDuel will ask you for several personal details that may seem invasive for some if you’re concerned about identity theft. However, New Jersey requires them by law to ask for information such as your social security number, date of birth, and home address.

You can rest assured that as a U.S.-regulated company, FanDuel is among the safest online sportsbook platforms for imputing your personal details. 

We’ll talk about how to make your first deposit shortly. But for now, remember that the up to $1,000 free bet that FanDuel offers is only for your initial bet, not on the total deposit you make.

A Review of FanDuel’s Transaction Speeds

FanDuel has an excellent reputation for its fast transaction speeds, making it one of the best online sports betting sites on the market. In fact, some people even say that it has speedier banking transaction payouts than its competitor DraftKings.

Furthermore, the efficiency of FranDuels’s technology means that you shouldn’t have to hold your breath every time you place a bet. They offer ultra-fast bet transaction speeds. 

Should anything change with the odds when you’re about to place a bet, FanDuel’s technology will automatically let you know so that you have the opportunity to change your mind if you’re unhappy with the new odds.

FanDuel’s Banking Options 

We won’t beat around the bush — if you’re looking for the best site for sports betting with various banking options, FanDuel might not be it. 

FanDuel offers a measly four withdrawal options. Furthermore, people accustomed to betting with cryptocurrency at offshore online sportsbooks will be disappointed that they won’t be able to do so at this New Jersey platform.

Deposits

You’ll need to visit FanDuel’s terms and conditions for comprehensive details on their deposit choices. We know this isn’t fun, so we’ve done the hard work for you.

The deposit choices that FanDuel offers include:

  • Credit and debit card (MasterCard and Visa)
  • ACH transfer
  • Stardust/FanDuel prepaid card
  • Online transfer
  • Wire transfer
  • PayNearMe
  • PayPal

Furthermore, if you happen to be near New Meadowlands Racetrack in New Jersey, you can make a sportsbook cage deposit in person.

FanDuel doesn’t charge any fees on its end for you to make your deposit. However, if a chargeback occurs on your credit card, they’ll apply a $5 fee.

Withdrawals

It’s common for online sportsbooks to offer fewer withdrawal choices than deposits. We still feel that FanDuel could do better by providing a more comprehensive range of withdrawal options. But it’s not necessarily a reason to dispel them as long as you’re comfortable with receiving any potential winnings via one of the following methods:

  • Check
  • PayPal
  • ACH transfer
  • Stardust/FanDuel prepaid card

You can also withdraw money in person at the New Meadowlands Racetrack as long as you have photo identification and know your account details.

FanDuel’s Verification Process

FanDuel takes fraud seriously and only works with people of the legal gambling age (21 years and older). Therefore, they follow New Jersey State law by requiring all customers to undergo a verification process before they can withdraw any potential winnings.

It’s crucial to give FanDuel your correct information upfront. Otherwise, you risk your account becoming suspended if they discover that you gave misinformation when signing up with them.

Quality of FanDuel’s Customer Support

Like many of the best online sports betting platforms in New Jersey, the best way to contact FanDuel is via live chat.

FanDuel offers a knowledgeable team that’s quick to respond and can help you with questions, whether you’re new to the platform or have an issue with a bet you placed.

We also encourage you to check out FanDuel’s FAQ page if you have general questions. They offer a detailed breakdown of information according to categories. So, you can often find the answers if you have questions about promotions, account verification, eligibility rules, and more.

In fact, we find that new customers who read through the information on FanDuel’s FAQ page have fewer questions in the long run. So, we encourage you to orient yourself there even if you don’t currently have questions. 

Is Sports Betting Legal in New Jersey?

Sports betting is legal in New Jersey as of June 2018. It’s legal to bet via desktop computers, phones, and tablets anywhere in New Jersey, and you don’t have to be a New Jersey resident to do so.

That said, it’s illegal to bet on in-state teams within New Jersey. The good news is that FanDuel knows this, and they won’t tempt you with the option.

Aside from that, you’re welcome to use FanDuel’s services for anything from sports betting parlay to placing over/under bets.

Responsible Betting at FanDuel

FanDuel complies with New Jersey law in offering support for people who suffer from a betting addiction while using its website. They don’t have an extensive responsible gaming page, but they get the job done by offering the following options to people who want to curb their betting impulses:

  • Deposit limit
  • Wager limit
  • Time limit
  • Self-exclusion

The good news is that you don’t have to reach out to FanDuel’s customer support to initiate any of these services. Instead, simply log into your account and manage them from there. 

We find that many of the best sports betting sites provide their customers with details about how they can get outside support for their betting habits, but FanDuel’s offering is more basic. They state that anyone suffering from a gambling addiction can call 1-800-GAMBLER.

We’d add to that by saying that HelpGuide.org can support you with determining whether you have a betting addiction. Some signs include lying to family members about using your money for betting, the inability to stop thinking about sports betting, and trouble holding a job because of betting.

FAQs About FanDuel Sportsbook

If you still have questions about FanDuel as you’re researching the best sports betting websites, we’ve answered some common questions below.

Learning how odds work in sports betting depends on the odds style you work with. The three primary betting odds are moneyline, decimal, and fractional. These correspond to the American, European, and British styles of sports betting, respectively.

We encourage you to visit FanDuel’s post on calculating betting odds to learn how to determine the odds using each strategy.

Most customers must pay taxes on FanDuel winnings, even if they aren’t New Jersey residents. We encourage you to visit the Internal Revenue Service’s (IRS) website for details on how to file sports betting taxes. Remember that you also might have to pay state taxes on any winnings you may receive.

The minimum withdrawal from FanDuel can vary, but it’s often $25. The withdrawal limits typically depend on the payment provider you choose, and you’ll be able to see these options in your account.

The time it takes to get your money from FanDuel depends on the withdrawal method you choose. For example, FanDuel can often process online banking withdrawals in as little as two hours. But if you select payment via check, you might have to wait up to two weeks for it to arrive in the mail.

FanDuel doesn’t charge a monthly subscription. However, if you don’t play or deposit money into your account for more than 24 months (two years), they’ll begin charging an inactivity fee of $2.99 per month. For this reason, it’s crucial to keep your account active.

The Bottom Line

Claiming that FanDuel is the best app for sports betting is a tall order, given that many excellent options are on the market in New Jersey. But we wholeheartedly believe that FanDuel is a solid choice and can be a fantastic fit for many betters-to-be.

Below is a summary of our FanDuel review.

The Good

  • Large selection of promotions
  • Many available bet types 
  • Registered in New Jersey
  • Solid selection of sports
  • Fast payouts

Areas for Improvement

  • Few withdrawal options
  • No loyalty program
  • Opt-ins for promotions

If you’re ready to become a FanDuel customer, receive FanDuel bonus codes, and get up to $1,000 in free bet money, you can sign up with them today.

Casino Details

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4.0

Customer Support

100%

Trust

100%

Games

100%

Pros

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  • Live Dealer
  • Available on Mobile and Desktop