DraftKings Vs. FanDuel: Which Sportsbook Is Better? – Forbes

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Since the early days of daily fantasy sports, DraftKings and FanDuel have been fierce rivals. Sports betting has expanded into dozens of states following the 2018 demise of PASPA, and the two juggernauts are still butting heads to this day.
The rivalry looks poised to continue for years to come, and at the end of the day, FanDuel vs. DraftKings will have one clear winner: sports bettors.
We’ll level with you–it’s hard to pick a favorite between FanDuel and DraftKings. Both sportsbooks have a lot to offer, and you’re better off using them in tandem than picking one and ditching the other.
There are fundamental differences, though, which we’ll highlight so you can carefully decide which sportsbook is right for your particular preferences.
Let’s start with the first question you might have: Are FanDuel and DraftKings available in my state?
DraftKings and FanDuel are two of the most available sportsbooks, but that doesn’t mean every legal state will have both books. Here’s a quick look at each app’s availability as an online sportsbook:

State DraftKings Live? FanDuel Live?
Arizona Yes Yes
Colorado Yes Yes
Connecticut Yes Yes
Illinois Yes Yes
Indiana Yes Yes
Iowa Yes Yes
Kansas Yes Yes
Louisiana Yes Yes
Michigan Yes Yes
New Hampshire Yes No
New Jersey Yes Yes
New York Yes Yes
Oregon Yes No
Pennsylvania Yes Yes
Tennessee Yes Yes
Virginia Yes Yes
West Virginia Yes Yes
Wyoming Yes Yes

It’s simple: most legal sports betting markets offer FanDuel and DraftKings sportsbooks. The only exceptions are New Hampshire and Oregon, which both have DraftKings but not FanDuel.
This list will continue to grow in the months and years ahead. Ohio plans to launch on January 1, 2023, and Massachusetts could follow. DraftKings, FanDuel and their many competitors typically launch fast in new markets.
Note: The list is current at the time of writing. Legal states often introduce new licenses or expand sports betting laws, opening the door for new operators.
Sportsbooks often offer “welcome bonuses” for new users to entice bettors to use their platforms. DraftKings and FanDuel follow this industry trend.
Both sportsbooks also offer ongoing promotions for existing users. We’ll dive into each sportsbook’s recent bonuses, but let’s start with the welcome offers.
When you sign up for DraftKings, you’ll get a 20% first deposit match up to $1,000.
If you deposit a total of $5,000, you’ll get $1,000 in bonus credits. It also scales down, so if you deposit $500, you’ll get a $100 bonus.
This comes with a 5x playthrough requirement, which means you’ll get $1 of your earned bonus money for every $5 you bet.
Based on the upfront deposit requirement and the playthrough necessary to claim the bonus, we recommend DraftKings’ welcome bonus for seasoned bettors or higher spenders. You can still make it work as a casual bettor, but you won’t get the full value with a smaller deposit.
FanDuel offers a “no-sweat first bet” up to $1,000. In sports betting terminology, this is usually called a “risk-free bet.” Here’s how it works.
After you sign up and make your first deposit, your first bet is “risk-free.” We put that in quotes because there are a few stipulations to keep in mind.
You can place that initial bet up to $1,000. If the wager wins, you receive your payout as usual and the bonus expires. If you lose, however, you’ll be refunded the amount you lost in free bets. Those free bets cannot be withdrawn. You must use them to bet again (and hopefully win) before you can withdraw.
Only your first bet after claiming the bonus counts as the no-sweat bet. Even if it’s lower than $1,000, you’re on the hook for any wager you place after the initial no-sweat first bet.
FanDuel’s bonus still requires a deposit (you have to have money to bet with, after all), but it’s friendlier for casual or new bettors because it doesn’t require a large deposit to earn the bonus.
The bonuses don’t end with the sign-up offers at FanDuel and DraftKings. Each has a dedicated “promotions” page where you can find current offers.
DraftKings offered the following promotions at the time of writing:
FanDuel had the following offers:
It may look like FanDuel is outplayed by DraftKings, but the fact is that both sportsbooks change and rotate their promotions regularly. FanDuel also has a separate “Boosts” page for parlay boosts like the ones DraftKings has listed above.
In short, both sportsbooks have a robust slate of promotions. You can get the best of both worlds if you sign up for both platforms.
DraftKings and FanDuel both feature various sports and events to bet on. We’ll take a closer look in the table below, but keep in mind these markets are subject to state laws and regulations. For example, some states might not allow NCAA prop bets or wagers on in-state schools, even if they offer other NCAA bets.

Sport DraftKings FanDuel
Aussie Rules Yes Yes
Baseball Yes Yes
Basketball Yes Yes
Boxing Yes Yes
Cricket Yes Yes
Cycling Yes Yes
Darts Yes Yes
Football Yes Yes
Golf Yes Yes
Handball Yes Yes
Ice Hockey Yes Yes
MMA Yes Yes
Motorsport Yes Yes
Rugby League Yes Yes
Rugby Union Yes Yes
Snooker Yes Yes
Soccer Yes Yes
Table Tennis Yes Yes
Tennis Yes Yes

Yet again, these two major sportsbooks are neck-and-neck. FanDuel has a few more obscure markets, such as snooker and handball, but otherwise, the offerings are nearly identical.
The actual bets for each sport/league can vary by sportsbook, but both DraftKings and FanDuel have some of the best depth on the market.
You’ll find moneylines, point spreads and totals for all the major team sports. Game props, team props, round robins, parlays, SGPs and other different bet types are standard, too.
Neither DraftKings nor FanDuel quite edges out the other in terms of the sheer number of wagers available on any given matchup. They both have depth. Chances are, if you want to make a wager—even an obscure one—either sportsbook will have it.
This probably won’t surprise you, but FanDuel and DraftKings offer competitive prices.
Rather than selecting one sportsbook for all your betting, you’re better off using both against each other to price shop. Below, we outline an odds example that can prove why it’s essential to shop around—at FanDuel, DraftKings and other sportsbooks—to find the most favorable odds on your preferred bet.
Keep in mind these odds were live at the time of this writing, so they won’t be listed anymore. We use them here to help explain odds shopping.

Colts vs. Broncos DK Spread FD Spread DK Moneyline FD Moneyline DK Totals FD Totals
Colts +3.5 (-120) +3 (-104) +155 +144 Over 43.5 (-105) Over 43.5 (-110)
Broncos -3.5 (+100) -3 (-118) -180 -172 Under 43.5 (-115) Under 43.5 (-110)

These odds paint a striking picture. FanDuel is the clear choice for a Broncos moneyline bet or if you want an extra half-point on the Broncos spread at the cost of a slightly lower potential payout. An Under bet would be better placed at FanDuel, with a $110 bet potentially winning $100. Getting the same payout at DraftKings would cost $115.
On the other hand, DraftKings has a better spread for the Colts, and that extra half-point would be a difference-maker if Indianapolis loses by a field goal. The DraftKings moneyline on the Colts pays better than FanDuel’s as well, returning $155 on a $100 bet at DraftKings vs. $144 from FanDuel.
The point we’re trying to make: No single sportsbook can always offer the best odds on everything. FanDuel and DraftKings are two of the leading bookmakers on the market, but neither will ever wholly outshine the other with its odds and lines.
Instead, as a bettor, we encourage you to view FanDuel and DraftKings as two tools in your betting arsenal. Find the odds that pay the best and bet with that sportsbook.
Both sportsbooks have many options for depositing and withdrawing from your account.
DraftKings Deposit Methods
FanDuel Deposit Methods
Depending on your state, you may also be able to deposit at a partnered casino using cash.
Overall, both of these lists are robust. PayPal and Venmo are two of the most popular, most accessible options for sports betting deposits. DraftKings and FanDuel have both options, plus many other reputable methods.
Now let’s look briefly at withdrawal methods.
DraftKings Withdrawals
FanDuel Withdrawals
FanDuel and DraftKings offer similar withdrawal methods. Again, you can’t go wrong with Venmo or PayPal, two of the most straightforward payment solutions in the business.
FanDuel and DraftKings have similar mobile applications available on both iOS and Android devices. They both function smoothly, have intuitive menus and load quickly. They’re two of the most well-developed betting apps in the market.
Some key differences include the bottom navigation menus. At DraftKings, the options are home, in-game (live matches/games), my bets, all sports and promos. The account and deposit sections are located in the top menu.
At FanDuel, the bottom menu includes buttons for home, all sports, my bets, refer-a-friend and account. The top menu contains boosts, more promos, “live now” and rotating sports depending on the season.
We won’t get into the nitty-gritty of each app because, frankly, they both work well. FanDuel and DraftKings offer two of the top mobile sports betting experiences available in any legal market where they operate.
We tested the customer service live chat function at FanDuel and DraftKings.
FanDuel’s live chat opened with a bot asking about the nature of our question. We selected referral bonuses. After a few automated questions, we chose “transfer to an agent” and had to submit a verification code emailed to our account.
Though that was a bit of a hassle, the agent signed on and immediately was able to answer our question. The whole process took less than two minutes.
We asked the same question at DraftKings. The help center took us to an FAQ page, then allowed us to click a green question mark and open an automated chat. We asked our question, and the bot summoned articles about the referral program.
It also gave us the option to “get in touch.” When we selected this, DraftKings opened a form we could fill out to leave a message. We did so, and a customer service rep responded to us within a few hours.
Both apps made it relatively straightforward to get help, though there were a few inconvenient hoops to jump through at each one.
If you’ve been reading along, you probably won’t be surprised to hear our final decision. FanDuel and DraftKings are like two sides of the same coin. They both offer an exceptional sports betting product.
Neither entirely overtakes the other to be an overall “better” sportsbook, though one might have slightly better betting market depth while another has superior deposit option variety.
Suffice it to say DraftKings and FanDuel should be additions to your sports betting app folder, provided you have access to both of them, depending on the state you live or work in.
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances. We do not offer financial advice, advisory or brokerage services, nor do we recommend or advise individuals or to buy or sell particular stocks or securities. Performance information may have changed since the time of publication. Past performance is not indicative of future results.
Forbes Advisor adheres to strict editorial integrity standards. To the best of our knowledge, all content is accurate as of the date posted, though offers contained herein may no longer be available. The opinions expressed are the author’s alone and have not been provided, approved, or otherwise endorsed by our partners.
Cole Rush has been writing about the gambling industry for nearly 10 years. Following a six-year stint at a major gambling supplier, he began freelance writing in 2020. Now, Cole writes for various gambling-focused magazines and online publications.
Brian Pempus is a Penn State journalism graduate who has covered the U.S. gambling industry since 2009, starting with Card Player Magazine in Las Vegas. He was later Deputy Editor of sports betting at Better Collective and Managing Editor at The Game Day, before joining Forbes Betting as Lead Editor in 2022. Follow him on Twitter with @BrianPempus.


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