Fanduel Gambling

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FanDuel Sportsbook offers the best odds on your favorite sports and online in-game betting year-around. Join today and claim your $500 Risk Free Bet! FanDuel is becoming one of the largest sports betting operators in the U.S. Since launching in daily fantasy sports in 2009, they have grown into a DFS, sports betting, and casino operator in the U.S. It has over six million users and will continue to grow as more states legalize online gaming.

By Amber Deter

Originally posted

Updated on January 28 at

As the world of sports betting grows, investors are asking whether a FanDuel IPO will hit the market. After DraftKing’s success despite the coronavirus, investors look for FanDuel stock to be the next great investment opportunity.

But what if we told you there’s a way to invest in FanDuel without FanDuel’s going public? Here’s what we know…

FanDuel IPO: The Business

Five friends from Texas founded FanDuel in 2009. They wanted something new and exciting for fantasy sports fans. So together they created a way that differed from the traditional, year-long format. Instead, they would offer daily games and prizes for people online. This was the start of daily fantasy sports (DFS). And FanDuel took off with early success.

In 2009, the company secured $1.2 million in initial investment venture capital. Over the next six years, FanDuel raised more than $100 million. By 2015, it reached a value of more than $1 billion, officially making the company an investment unicorn.

FanDuel has apps for both Apple (Nasdaq: AAPL) and Google (Nasdaq: GOOGL). The company is reaching out to capture market share before its competitor DraftKings.

But in 2016, the two companies almost joined forces.

FanDuel and DraftKings Fail Merger

Fanduel

In November 2016, the two DFS giants FanDuel and DraftKings proposed a merger. The new company would have had a customer base of more than 5 million users. It also would have controlled 90% of the DFS market.

But that was a problem for the Federal Trade Commission (FTC). The merger would violate antitrust laws, making the merged company a monopoly. So, in June 2017, the FTC told the companies it would block the merger. Rather than fight it, both companies walked away from the idea.

However, the merger exposed unfair business practices in both FanDuel and DraftKings. The companies were accused of insider trading. Employees were using information not yet released to the public to place bets. As a result, each company paid $1.3 million to the Massachusetts attorney general.

Although nothing happened, it was during these talks that FanDuel claimed it had a value of $1.2 billion. And about a month later, founder Nigel Eccles stepped down as CEO. Founder and CFO Matt King stepped into the position, which he held before Eccles.

Many saw this as a sign FanDuel would sell or go public with a FanDuel IPO. But it was an acquisition that came.

FanDuel Acquired in Merger

In 2018, FanDuel was talking to Platinum Eagle Acquisition, a special purpose acquisition company. These companies go public to raise capital before acquiring another company. In this case, that would be FanDuel. By completing this, FanDuel would forgo a traditional IPO and go public via merger.

However, that never happened. Instead, Flutter Entertainment bought FanDuel. Flutter formed with the merging of Betfair and Paddy Power. Betfair is an online gambling company with the largest online betting exchange. And Paddy Power is an Irish bookmaker. After Flutter acquired FanDuel, the merged companies became the FanDuel Group with Paddy Power and Betfair having a majority stake.

Fanduel Log In Live

But if you’re looking to invest in FanDuel stock, this isn’t bad news. There’s an opportunity for a backdoor investment.

FanDuel Stock: Investing Through the Back Door

FanDuel isn’t likely to go public directly anytime soon. But that doesn’t mean you can’t get in on the action. You can indirectly invest in FanDuel by investing in Flutter Entertainment.

Flutter is listed on the Frankfurt Stock Exchange under the call PPB. Shares are currently trading for just under €117.

If you’re looking for the latest investment opportunities, we suggest signing up for our Trade of the Day e-letter below. It’s full of useful tips and research from our experts. Whether a beginner or an experienced investor, there’s something for everyone.

Or if you’re interested in pre-IPO investing, check out that link to find out what it is and why it could be right for you.

Sports betting is becoming more popular as more states legalize it. With this change, the market will likely grow. And so will FanDuel’s worth. While there might not be FanDuel stock or a FanDuel IPO, you can still indirectly invest in this opportunity.

Promo Code
24 hours of risk-free play starts with your first casino bet. PA users only. T&Cs Apply, 21+.
RG Rating: 4.5

Fanduel Gambling Age

FanDuel, a market leader in both daily fantasy sports and online sports betting, is now looking to take over the online casino market, too. First launching their product in Pennsylvania in January 2020 as an extension of their sports betting app, FanDuel is quickly becoming a fan favorite.

Let this page be your guide to where you can play, how to take advantage of our exclusive promo code to get the best bonus offer, what games are available, all your banking options and more.

Where Can I play on FanDuel Online Casino?

Currently, FanDuel Online Casino is only available in Pennsylvania, but could potentially be online in Michigan as soon as the end of 2020. Colorado is also looking like an option to begin launching online casinos, but no concrete laws have been passed.

Gambling

FanDuel Online Casino Welcome Bonus Offer

First time users of FanDuel Online Casino can play their first 24 hours risk-free up to $200. If you win, you can collect your winnings! If your first 24 hours end up in a net loss, FanDuel will refund your account 100% up to $200 in site credit that plays the same as cash. Already having an active FanDuel sportsbook account does not disqualify you from this bonus offer, but if you have already played on BetFair in New Jersey, you will not be able to take advantage of this offer.

FanDuel Online Casino Promo Code

No Code Needed - Click Here!

Bonus Offer24 hours of Risk-Free Play
Casino PartnerValley Forge Casino
Online SinceJanuary 2020

So, what does 24 hours of risk-free play really mean? Once you make your first wager on any slot or table game, the clock starts. The next 24 hours will be totaled up, and if your total balance increases, nothing else happens and you can cash out or keep playing. If your total balance has gone down, resulting in a net loss, FanDuel will refund that money in site credit up to $200.

So, let’s say, you deposit $500 and play slots and table games and at the end of the 24 hours, you have a balance of $400 resulting in a net loss of $100. FanDuel will issue you site credit in the amount of $100. Site credit plays the same as cash, so the bet and profit are paid out. The site credit can be used on casino or sports but does need to be played 1x through before it moves to your cash balance.

How to Sign-Up at FanDuel Online Casino

Registering a new account is a quick and easy process. Simply follow the instructions below and you will be playing all your favorite online casino slots and table games in no time.
Step 1 – Click here to be taken to the FanDuel online casino registration page.

Step 2 – Enter your information and click “continue to Contact Details”

Step 3 – Enter the rest of the information and check the Terms and Conditions boxes.

Step 4 – Click on “Create Account” and your information will instantly be verified.

Step 5 – Once your account is verified, you will be brought to your deposit options, and well on your way to getting your promo offer.

  • 24h of Risk-Free Play to $200
  • Beginner Friendly
  • Play Divine Fortune

Banking Options at FanDuel Online Casino

Fanduel

Deposit and withdrawal options may vary by state but these options should be available everywhere and include

  • Visa/Mastercard: Use your Visa or Mastercard credit or debit card to easily fund your account. (deposits only)
  • PayNearMe: Choose PayNearMe on the deposit page and you will receive a barcode sent to your smartphone. Take that barcode to any 7-11 and get the code scanned and pay with cash. The money will be available within 15 minutes. (deposits only)
  • FanDuel Play+ Prepaid Card: Sign up for a FanDuel Play+ card in the cashier, and you can start using it instantly after linking a credit or bank account. The physical card will arrive in the mail within 2-3 weeks and can be used for withdrawals at any ATM, used anywhere discover is accepted or transfer funds to your linked bank account
  • PayPal: Use the worlds most popular ewallet to safely and securely fund your account and make instant withdrawals.
  • ACH/eCheck: Link your bank account for quick and easy deposits withdrawals through VIP Preferred, the most popular payment processor in online gaming.
  • Online Bank Transfer: Use your banks bill pay feature to easily get money on and off FanDuel online casino.
  • Wire Tranfer: Use the wire transfer option for both deposits and withdrawals.
  • Paper Check: Request a paper check to be sent to your registered address, but it should be noted that it can take up to 3 weeks for delivery.

FanDuel Online Casino Game Selection

For now, the game selection at FanDuel Online Casino is fairly scarce, but does include many of the biggest games in the US market. The lack of games is a major downside, but does include a selection of table games and slots. We hope this lack of games is just temporary. When rival DraftKings launched their online casino, there were only a handful of games to play and now offer a fairly large library of games.

Gambling

FanDuel Online Casino Slots

Slots on FanDuel online casino come from two of the biggest online game providers, NetEnt and IGT. NetEnt is widely known for their slot titles that have amazing graphics, high return to player and make slots fun with mini-games and bonus rounds that will keep you coming back for more.

FanDuels selection isn’t anything to write home about, but the games they did include are among the most popular with players in the US market. This includes the fan-favorite progressive slot, Divine Fortune. Divine Fortune is a progressive slot with high value, multiple bonus rounds and a massive progressive jackpot where every spin amount from $0.20 all the way up to $100 are all playing for the same jackpot. Other notable slots are Blood Suckers, Gonzo’s Quest, Cleopatra and Starburst.

FanDuel Online Casino Table Games

Table games are also brought to you by NetEnt and IGT with NetEnt giving us a few Roulette options and a Blackjack game, while IGT offers their classic blackjack game.

NetEnt Blackjack

NetEnt Blackjack is a classic blackjack game with no sidebets and pulls from 6 decks and is “shuffled” after every hand. Bets can range from $1 up to $5000 and you can play up three hands per round. Blackjack pays the standard 3:2 and you can double down after splitting but can only split once. Insurance and surrender are both offered in this game. Dealers must stay on all 17s but must draw to 16.

IGT Blackjack

Gambling

IGT blackjack is as simple of a blackjack variation as you can get. There are no sidebets, you can only play one hand and comes with a minimum bet of $0.10 and a maximum bet of $200. Blackjack pays the standard 3:2 and you can double down on any split except Aces, where you will just get one more card per Ace. IGT allows you to set preferences such as speed of play and turning off insurance. Surrendering and insurance are available. Dealers must stand on all 17s, but draw to 16.

NetEnt Roulette Variations

  • American Roulette: The standard roulette that you will see in any American casino with a 0 and 00 bet. The minimum bet on American Roulette is $1.
  • European Roulette: You won’t find many 0 roulette tables in American retail casinos, but online is a different story. European Roulette also boasts minumum bets of just $0.10.
  • French Roulette: Features a single 0 and is similar to European Roulette with a different layout and also features a minimum bet of $0.10.

FanDuel Online Casino Player Rewards Program

FanDuel Online Casino does not currently have a player rewards program, but is testing a temporary rewards program in their New Jersey online sportsbook with select players. The rewards program is loosely modeled after their FanDuel Daily Fantasy Sports program that awards you for every dollar spent and is tiered with new perks for every level you climb including free play, bonuses and freerolls. There is no timetable for if and/or when we may see a national rewards program for either casino or sportsbook.

FanDuel Online Casino Available Platforms

For now, FanDuel Online Casino is only available via their online sportsbook mobile app and there are a few ways to make your way from the sportsbook, over to the online casino.

To find the FanDuel online casino, simply download the mobile sportsbook app and click on either the top banner casino button or the casino button on the bottom of the page. Once you do, all available gaming options will be appear including all the slots and table games.

The mobile app is one of the top in the industry. The FanDuel online sportsbook is always among the top performers in every market they enter, and a big reason for this is their solid mobile app that includes highly responsive buttons, easy to find options and aesthetically pleasing.

  • 24h of Risk-Free Play to $200
  • Beginner Friendly
  • Play Divine Fortune

FanDuel Online Casino FAQs

Fanduel Gambling Addiction

Who can play at FanDuel Online Casino?

Anyone who is 21 years of age or older and is located withing state lines where FanDuel is legal. For now, the only state where FanDuel online casino is active is Pennsylvania, but that will change as more states look to online gambling for revenue.

What is the bonus offer at FanDuel Online Casino?

FanDuel online casino is offering 24 hours of risk-free play to new casino customers. Once you make your first casino bet, the clock starts and any net losses up to $200 will be refunded to you as site credit.

What is FanDuel site credit?

If your first 24 hours of play ends in a loss, you will be issued site credit. Site credit is how FanDuel pays out their promotional wins and is added to your bonus balance, but must be played through one time to convert to your cash balance. Once converted to your cash balance, you can withdraw or continue playing.

How to use FanDuel Casino site credit?

Site credit plays the same as cash but needs to be played 1x through to be moved to your cash balance. For example, if you have $100 in site credit, you would need to place $100 in bets to move it to your cash balance. The bet plus the profit of winning bets will be moved to your withdrawable cash balance.

Is FanDuel Online Casino legal in PA?

FanDuel Online Casino is legal and regulated by the states gaming board, same as any retail brick and mortar casino. So far FanDuel online casino is only active in Pennsylvania and is regulated by the PGCB (Pennsylvania Gaming Control Board, the same entity that regulates all gaming in PA.

How do I access FanDuel Casino?

FanDuel casino is currently only available via the FanDuel sportsbook app. To access the online casino in the sportsbook app, login and you will find a casino button on the bottom right hand corner. Simply click that button and you will be brought to the online casino.

Can I play FanDuel Casino on an iPad?

Yes! Simply download the FanDuel online sportsbook app and click on the casino button on the bottom right-hand corner of the screen.

Fanduel Gambling Michigan

Is FanDuel Casino legit?

Yes! All games go through a rigorous testing procedure by the PGCB to verify that they are fair up to the standards of any retail casino game. FanDuel itself also has to go through similar testing to verify all games, banking options, registration procedure and responsible gaming procedures are up to standard.

What if I am getting in over my head, have a gambling problem, or think I have a gambling problem?

FanDuel Online Casino offers many ways of restricting play including self-exclusion, deposit limits and time limits per day, week or month. You can also call 1800-GAMBLER to seek immediate help.